Energy and Power

Global Genset Battery Market 2016-2020

  • TEC590228
  • 55 Pages
  • May 2016
  • Energy and Power
About the Genset Battery Market

Growing urbanization and industrialization have resulted in high demand for power. Industries are rapidly adopting gensets to ensure continuous supply of electric power to facilitate smooth business operations. Usually, the start function of a genset is battery operated. An installed battery charger keeps the battery charged by ensuring the supply of precise float voltage. If the float voltage is low, the battery will remain undercharged. If it is high, then there is a possibility of shortened battery life.
In order to function effectively, genset batteries must have higher power density, long service life quick recharge capability, and low rate of self-discharge. These attributes allow the crank power to start gensets at lower temperatures. Vendors worldwide are manufacturing batteries that offer efficient cranking power.
Technavios analysts forecast the global genset battery market to grow at a CAGR of 7.25% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global genset battery market for 2016-2020. To calculate the market size, the report considers the global demand for generator batteries from various end-user applications.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Genset Battery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cummins
Eaton
EnerSys
Exide Industries
Leoch International

Other prominent vendors
Amara Raja Batteries
Generac Holdings
Kohler

Market driver
Effective characteristics of genset batteries
For a full, detailed list, view our report

Market challenge
Hazardous nature of NiCd
For a full, detailed list, view our report

Market trend
Increase in power generation capacity
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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