- Jan 22, 2018 -
Global Hybrid Lead-Acid Battery Market Report 2018-2022
January 17, 2018 01:10 PM Eastern Standard Time
DUBLIN--(BUSINESS WIRE)--The "Global Hybrid Lead-Acid Battery Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global hybrid lead-acid battery market to grow at a CAGR of 15.16% during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global hybrid lead-acid battery market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of hybrid lead-acid battery. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the implementation of hybrid power systems in telecom towers. Remote locations often experience electricity imbalances due to the poor grid connectivity in telecom towers. This drives the demand for hybrid power systems and efficient energy supply. The installation of hybrid power systems results in reduced carbon emissions in comparison to legacy power systems. They are cost-effective to cope with economic downturns and highly reliable.