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Insights on the Global Battery Market In Telecommunication Industry COVID-19 Business Continuity Plan | $4.33 Billion Incremental Growth During 2020-2024 | Technavio

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The battery market in the telecommunication industry is expected to grow by USD 4.33 billion, progressing at a CAGR of about 12% during the forecast period. The report estimates the market to have a negative impact in the short term due to the spread of COVID-19. However, the market is expected to witness healthy growth during the forecast period owing to the increasing investments in 5G technologies and a fall in the prices of 4G-capable smartphones.

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Technavio has announced its latest market research report titled Global Battery Market in Telecommunication Industry 2020-2024 (Graphic: Business Wire)

Technavio has announced its latest market research report titled Global Battery Market in Telecommunication Industry 2020-2024 (Graphic: Business Wire)

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Factors such as the increase in power consumption, the rising focus on green telecom towers, and the rise in data usage are propelling the market growth. However, factors such as the economics of fuel cell solutions for telecom towers, the decline in diesel prices, and lead pollution and stringent laws might restrict the market growth.

More details: https://www.technavio.com/report/battery-market-in-telecommunication-industry-analysis

Battery Market In Telecommunication Industry: Product Landscape

Based on the product, the market saw maximum growth in the lead-acid battery segment in 2019. Vendors in the market are focusing on improving efficiency and overcome technical drawbacks associated with slow charging, maintenance requirement, and short lifecycles. This is resulting in increased sales, which is driving the growth of the segment.

Battery Market In Telecommunication Industry: Geographic Landscape

By geography, APAC is going to have a lucrative growth during the forecast period. About 53% of the market’s overall growth is expected to originate from APAC. The growth of the market is led by the high investments in 4G infrastructure driven by an increase in the number of subscribers for telecom operators.

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Related Reports on Utilities Include:

Global Battery Recycling Market – Global battery recycling market segmentation by battery chemistry (lead-acid, lithium, and others), battery source (automotive, electronic appliance, and others), and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global Electric Vehicle Battery Market – Global electric vehicle battery market segmentation by battery type (lithium-ion battery, lead-acid battery, and others) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Companies Covered:

  • Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
  • Amara Raja Batteries Ltd.
  • C&D Technologies Inc.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Technologies
  • GS Yuasa International Ltd.
  • Leoch International Technology Ltd.
  • LG Chem Ltd.
  • Panasonic Corp.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2019, 2020, until 2024
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Key Topics Covered:

Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Lead-acid battery – Market size and forecast 2019-2024
  • Li-ion battery – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
  • Amara Raja Batteries Ltd.
  • C&D Technologies Inc.
  • East Penn Manufacturing Co. Inc.
  • EnerSys
  • Exide Technologies
  • GS Yuasa International Ltd.
  • Leoch International Technology Ltd.
  • LG Chem Ltd.
  • Panasonic Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.