Technavio has been monitoring the battery market in the telecommunication industry and it is poised to grow by USD 5.69 billion during 2021-2025, progressing at a CAGR of over 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The COVID-19 impact report on the battery market in the telecommunication industry offers pre as well as post-COVID 19 markets estimates. As per Technavio’s COVID-19 Analysis, the market growth is likely to increase in 2021 as compared to 2020. Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH, Amara Raja Batteries Ltd., C&D Technologies Inc., East Penn Manufacturing Co. Inc., EnerSys, Exide Technologies, GS Yuasa Corp., Leoch International Technology Ltd., Panasonic Corp., and Total SA are some of the major market participants. Although the increase in power consumption will offer immense growth opportunities, the decline in diesel prices is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this battery market in the telecommunication industry forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.