DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lt8nk2/global_stationary) has announced the addition of the "Global Stationary Lead Acid Battery Market 2015-2020" report to their offering.
The global SLA battery market to grow at a CAGR of 6.7% over the period 2014-2020.
The report, Global SLA Battery Market 2015-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Lead-acid batteries are rechargeable batteries that contain lead electrodes with diluted sulfuric acid, which acts as an electrolyte. Lead-acid batteries used for stationary applications are known as SLA batteries. Each cell in a typical lead-acid battery generates around 2 volts of power. Though SLA batteries have significantly low energy-to-weight and energy-to-volume ratios, they have the ability to supply high surge currents (the maximum input current drawn by an electrical device). This feature, combined with cost-effectiveness, is expected to drive market growth during the forecast period.
The report covers the current scenario and the growth prospects of the global SLA battery market for the period of 2015-2020.
Several governments have taken initiatives such as providing incentives to companies to control such wastes. Incentives provided to these companies are likely to result to widen the recycling process. Countries throughout the world are taking an active interest in reducing emission levels of GHG by promoting the generation and use of clean energy using solar and wind resources, and finding alternatives to fossil-fuel based generation.
According to the report, sealed lead-acid or VRLA batteries have enhanced features such as safe handling capabilities that ensure smooth and effective product functionality during power outages. 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 increased pollution concerns from lead-acid manufacturing and improper disposal is hindering the growth of these batteries.
To calculate the market size, the report considers the global lead-acid battery demand for stationary applications, which include:
- UPS sector
- Oil and gas
- C&D Technologies
- East Penn Manufacturing
- Exide Technologies
- GS Yuasa
Other prominent vendors
- Leoch International Technology
- PT. GS Battery
For more information visit http://www.researchandmarkets.com/research/lt8nk2/global_stationary