MRO Magazine

Research and Markets: Global Battery Market for Inverters 2015-2019 – Key Vendors are East Penn Manufacturing, Eaton, EnerSys, Exide Technologies, HOPPECKE Batterien & Su-Kam Power Systems

November 9, 2015 | By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/sftl85/global_battery) has announced the addition of the “Global Battery Market for Inverters 2015-2019” report to their offering.

The rising incidences of power outages in developed and developing countries is driving the global battery market for inverters, which has resulted in a projected CAGR of close to 13% for the market during the forecast period. The market is spread across the Americas, the APAC, and the EMEA region, with APAC leading the market with over 50% of the overall market revenue as of 2014. The market research analysts expect the APAC region to continue maintaining its leading position, followed by EMEA and the Americas through 2019.

The demand for inverters is expected to surge from the growing economies such as Indonesia, Malaysia, Thailand, Vietnam, and India due to the rising demand for sustainable power for residential and commercial sectors. This growing demand is likely to put forth a positive impact on the inverter battery market. The rising number of solar PV installations is also a key factor impacting the inverter battery market.

As of 2014, the renewable inverter battery segment dominated the market with over 60% of the overall revenue, which is attributed to the higher capacity installation in the residential and non-residential sectors such as hospitals, government, SMEs, IT, and telecommunications that require a large number of battery units.

The global inverter battery market is highly diversified with the presence of many international and domestic inverter battery providers. However, the market is vulnerable to technical and financial challenges, facilitating inorganic growth within the market, compelling vendors to seek strong partnerships with automotive, industrial, and commercial companies to maintain their position in the market and avoid becoming targets for acquisition.

Key vendors in this market are:

  • East Penn Manufacturing
  • Eaton
  • EnerSys
  • Exide Technologies
  • HOPPECKE Batterien
  • Su-Kam Power Systems

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by inverter type

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/sftl85/global_battery

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Battery Technology

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