DUBAI, UAE. 17th September
2019: Tubular GEL Battery Market is
expected to display higher growth rate over the next seven years. Rapid surge
in tubular GEL battery industry is credited to the rising number of application
in grid/standalone power systems. Additionally, rising use of tubular GEL
battery in hybrid solar battery systems is expected to drive the market growth
of tubular GEL battery over the forecast period. Globally, tubular GEL battery
market is predicted to generate massive revenue over the next seven years,
providing numerous opportunities for industry participants to invest in
research and development of tubular GEL batteries.
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Tubular GEL batteries are highly suitable for deep cycle
application, thus offer more than five thousand life cycles. Additionally,
tubular GEL battery is considered as maintenance free due to unique structure.
These factors are anticipated to fuel market demand for tubular GEL batteries
over the forecast period. Additional advantages offered by tubular GEL
batteries include spill proof, minimal corrosion, higher compatibility and
rugged and vibration-resistant. Tubular GEL batteries are also highly
compatible with sensitive electronic equipment, thus providing safe and
risk-free operations.
Development of low cost-per-month features coupled with
longer life spans are the major driving factors for tubular GEL battery
industry in the past few years. Tubular GEL battery is highly versatile and
considered suitable for off-grid solar and wind power generation systems.
Tubular GEL battery can be installed in location with limited air-supply, as
these batteries produce minimum gas or fumes. However, higher initial cost and
increasing need for specialized chargers and regulators is expected to restrain
market growth to a certain extent.
The tubular GEL battery market is broadly categorized into
major segments based on the application type such as communication system,
power plants and transmission and distribution systems, solar and wind power
generation systems, signal systems and emergency lighting systems, and EPS and
UPS. Communication system segment is growing rapidly in the tubular GEL battery
industry with substantial revenue generation in the last few years.
The key players in the tubular GEL battery industry are
Exide Technologies AB, EnerSys Corp., VISION SLA, Shoto Batteries Co., Shandong
Sacred Sun Power Sources Co., Ltd., FIAMM Energy Technology S.p.A., Huafu Top
Dyed Melange Yarn Co., Ltd., HOPPECKE Batterien GmbH & Co., KG, Guangdong
Dynavolt Power Technology Co., Ltd., Leoch International Technology Ltd., Coslight
India Technology Private Ltd., BSB Power Company Ltd., and Wolong Holding Group
Co., Ltd.
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Report with TOC @ https://www.millioninsights.com/industry-reports/tubular-gel-battery-market
Market split by Type,
can be divided into:
• ≤100 Ah
• 100Ah~200Ah
• ≥200Ah
Market split by
Application, can be divided into:
• Telecom
• Railways
• Traffic system
• Home & Street Lighting
• Hybrid Power System
• Solar PV Systems
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