Market Synopsis of Substation Batteries
Substation batteries maintain a steady supply of electricity for essential equipment incase of loss of electric supply. Ever increasing need electricity is a major factor driving the need for substation batteries. Additionally, rising industrialization in developing nations also boost the demand for substation batteries.
Key players in this market include
- Johnson Controls Inc. (U.S.),
- Exide Technologies (U.S.),
- GS Yuasa (Japan),
- Robert Bosch GmbH (Germany),
- Saft Groupe S.A. (France).
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The Substation Batteries Market can be categorized on the basis of Type: Lead Acid Batteries (Vented Batteries, Sealed Batteries) and Nickel Cadmium Batteries.
Regional Analysis of Substation Batteries
Asia Pacific region held a major share within the substation battery market in 2014. North America and Europe also held a considerable share within this market. Middle East and Africa region is expected to exhibit a profound growth in the market.
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The report on Substation Batteries of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, Furthermore technological advancement, and macro-economic factors in the market have also been discussed in detail in the report. The report provides detailed information and strategies of the key players in the industry. The report also provides a broad study of the different market segments and regions.
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