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Gel Battery Market is Expected to Foster the Industry Growth 2021–2027 – KSU


Gel Battery Market is Expected to Foster the Industry Growth 2021–2027
Asia-Pacific dominated the gel battery market with a share of over 39.9% in 2019, in terms of revenue
tusharJuly 8, 2021
Gel Battery Market
The gel battery market size was valued at $1.8 billion in 2019, and is projected to reach $2.6 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027. The gel battery market is driven owing to its adoption in numerous applications such as telecommunication, uninterrupted power supply (UPS), and others. This is attributed to its beneficial specifications such as less maintenance, leakage proof, high compatibility with sensitive electronic equipment, lowest cost-per-month, and others. However, high initial costs, requirement of special chargers as well as regulator are some of the factors expected to hinder the gel battery market growth. ....

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Lead-acid Battery Market to grow by USD 6.33 billion through 2025|Impacts of Drivers and Challenges|Technavio


NEW YORK, May 31, 2021 /PRNewswire/  The lead-acid battery market is set to grow by USD 6.33 billion, progressing at a CAGR of almost 3% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio s in-depth market research reports include value chain analysis and validation techniques to help industry leaders improve their business.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH, C&D Technologies Inc., Clarios, East Penn Manufacturing Co. Inc., EnerSys, Exide Industries Ltd., Exide Technologies, GS Yuasa Corp., Leoch International Technology Ltd., and Narada Power Source Co. Ltd. are some of the major market participants. Factors such as the growth in demand for industrial applications, the growing investments in the ....

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