Global Flow Battery Market 2017-2021 - Rise of Green Telecom Towers Driving the Market

The global flow battery market to grow at a CAGR of 3.38% during the period 2017-2021.
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The global flow battery market to grow at a CAGR of 3.38% during the period 2017-2021.

Global Flow Battery Market 2017-2021, 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 of the key vendors operating in this market. To calculate the market size, the report considers the cumulative installations of telecom towers worldwide.

According to the report, one of the major drivers for this market is Rise of green telecom towers. Telecom tower and infrastructure operators in North America, especially those in the US, are under tremendous pressure to reduce their carbon footprint. Therefore, manufacturers of telecom power system are expanding their product portfolio with green telecom power systems.

The latest trend gaining momentum in the market is Declining Li-ion battery prices. The market for Li-ion batteries has been gaining impetus and is witnessing rapid growth. Owing to this, there has been a decline in the demand for lead-acid batteries. The factor that is discriminating between Li-ion batteries and lead-acid batteries is price. The cost of Li-ion batteries is more than that of lead-acid batteries. However, leading vendors in the manufacturing of Li-ion batteries are working on technological advances and are trying to reduce the price of Li-ion batteries.

Further, the report states that one of the major factors hindering the growth of this market is Lead pollution and stringent laws. Lead-acid batteries account for the majority of the overall lead production. The standard arrangement of lead-acid batteries consists of lead plates, with plastic coating on them, that are placed in sulfuric acid. The recycling of lead-acid batteries helps in reducing the number of disposable batteries as solid waste. These batteries are rechargeable, which helps consumers to reuse them.

Key vendors

Other prominent vendors

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

PART 05: MARKET LANDSCAPE

PART 06: MARKET SIZING

PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY BATTERY TYPE

PART 09: REGIONAL LANDSCAPE

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

PART 14: VENDOR ANALYSIS

PART 15: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/ncbv7w/global_flow?w=5

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