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The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...

Battery management systems (BMS) are critical to ensure the safe and reliable operation of batteries, especially in advanced applications. The BMS market mirrors the growth of the battery market, and it is expected to grow steadily throughout the forecast period due to the increasing adoption of electric vehicles (xEVs), rising popularity of batter...

There are 3 main goals that influence direction research and development for anode and cathode for lithium-ion batteries, which are to increase longevity of the battery both in terms of capacity and calendar life, to widen safe operating windows and to reduce cost per kWh of battery. These 3 main goals or achievement lead or push researchers to con...

27 Sep 2017  |  Global  |  Market Research

Global Flow Battery Market, Forecast to 2023

Utility-scale Projects by Vanadium Redox Chemistry Dominate the Market Accounting for Over 80% of Revenue

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The importance of utility-based energy storage is driving demand for multiple options of efficient, cost-effective, and long standing storage solutions. The flow battery, with all its attractive features, is to become the most preferred chemistry for utility-based storage. Thus, the global flow battery market will witness a steady growth in unit vo...

12 Jan 2018  |  Global  |  Market Research

Global Industrial Battery Market, Forecast to 2023

Growth in Renewable Energy and Distributed Generation to Drive the Global Industrial Battery Market

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The global industrial battery market is a well-established one which is expected to grow at a CAGR of 7.1% between 2014 and 2023. The major factors driving industrial batteries are the surging demand from energy storage and stationary applications, reinforced by advancements in battery technology. Industrial batteries for grid storage represent a u...

28 Mar 2018  |  Global  |  Market Research

Global Residential Battery Energy Storage Market, Forecast to 2022

With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022

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The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...

29 Feb 2016  |  Global  |  Market Research

Global Primary Lithium Battery Market, Forecast to 2022

Aerospace, Defence, Industrial and Medical Applications to Stimulate Growth

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This study analyses the global market for primary lithium batteries. It includes revenue forecasts, pricing trends, market trends, drivers and restraints, opportunities, and a competitive overview for the period 2013 to 2022. The market is analyzed through 2 main segments: by battery chemistry and by end-user application. Battery chemistry analysis...

This study analyses the global market for military batteries. It includes revenue forecast, pricing trends, market trends, opportunities, and competitive overview for the period 20092017. The analysis is analysed through two segments; it is categorised by battery chemistry and by end-user application. Geographic region segmentation includes North ...

This study analyses the global market for medical batteries. It includes revenue forecast, pricing trends, market trends, opportunities, and competitive overview for the period 20102020. The market is analysed through two main segmentations; it is categorised by battery chemistry and by end-user application. The geographic region segmentation incl...