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Date Submitted: 07/26/2016 12:28 AM
Hexa Reports
Market Research Reports and Insightful Company Profiles
Global Genset Battery Market 2016-2020 Share, Size, Global
Insights, Emerging Trends and Growth, Outlook and
Overview, Analysis and Forecasts 2016-2020
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.
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Technavio's 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.
Hexa Reports
Market Research Reports and Insightful Company Profiles
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...