Global Gel Batteries Markets to 2022: Rise in 4G Subscription to Drive Growth – East Penn Manufacturing, EnerSys, Exide Technologies, Leoch Battery, Narada Power, and Trojan Battery are Leading – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
Gel Batteries Market 2018-2022”
report has been added to ResearchAndMarkets.com’s
offering.

The gel batteries market will register a CAGR of more than 3% by 2022.

Rise in 4G subscription to drive growth in the gel batteries market

With the growing subscription of 4G users globally, the need for
installation of new telecom towers will also increase. These factors
will boost the demand for energy storage devices in telecommunication
industry during the forecast period, thus driving growth in the gel
batteries market.

Increment in microgrids installation

As gel batteries are low maintenance batteries and provide longer
quality services, they are well suited for operation in extreme
temperatures. This will enhance the productivity and adoption of gel
batteries. Thus, the deployment of gel batteries in microgrids act as
one of the prominent factors in the growth of the global gel batteries
market.

Increasing threat of substitutes

The gel batteries can be easily replaced by the AGM batteries and other
flooded batteries due to the various advantages associated with these
batteries such as cost effectiveness and better performance.

Market Trends

  • Rise in 4G subscription
  • Need for continuous power supply and power storage
  • Government regulations for battery recycling

Key Players

  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • Leoch Battery
  • Narada Power
  • Trojan Battery

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/8mbncv/global_gel?w=4

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Related
Topics: Battery
Technology