The report, now available on ASDReports recognizes the following companies as the key players in the Global Lead-acid Battery market: C&D Technologies, Coslight Technology, East Penn Manufacturing, Enersys, Exide Technologies, GS Yuasa, Leoch International and Saft
Other Prominent Vendors in the market are: Chaowei Power Holdings, China Shoto, Shandong Sacred Sun Power Sources, Tianneng Power, Zhejiang Narada Power Source, Guangdong Dynavolt Power Technology, Zhe Jiang Jujiang Power Manufacturing, British, German and Austrian Clay Power, Jester Zhejiang Power, Yangzhou Apollo Battery, Hangzhou Haijiu Battery, Battery sales Camel Group, Shandong Rui Yu Battery, Hangzhou Foreign Trade, Jiangsu New Energy, and Theo Watson.
Commenting on the report, an analyst said: “Countries worldwide are taking an active interest in reducing emission levels of GHG through promotion of clean energy such as solar and wind, and finding alternatives to fossil fuel-based generation. Compared to conventional fossil fuel installations, battery energy storage is a practical alternative for renewables. The shift toward solar energy storage will help countries to reduce fossil fuel import costs as well as protect the environment.”
According to the report, sealed lead-acid or VRLA batteries have enhanced features such as safe handling capabilities that ensure smooth and efficient product functionality in the event of power outage. Though there are limited technological advances in the lead-acid battery market, vendors are introducing new products with enhancements such as longer life and durability.
Further, the report states that the global automotive market may face serious challenges such as stringent regulations in response to pressing climate change issues. Most countries have set targets to reduce their carbon emission levels. In addition, original equipment manufacturers (OEMs) are investing in the development of low-emission vehicle technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Read more on ASDReports!
Source: ASDReports - Market Research
Date: Nov 2, 2015