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At a CAGR of 22.84%, Global Battery Monitoring Solutions Market 2016-2020

The report covers the present scenario and the growth prospects of the Global Battery Monitoring Solutions Market for 2016-2020
MarketsandMarkets™ | 30.05.2016

Global Battery Monitoring Solutions Market 2016-2020 Size and Share Published in 2016-05-10 Available for US$ 2500 at Researchmoz.us

Description

Battery monitoring solutions
comprise monitoring unit, sensors, and software to monitor and maintain battery health at an optimal condition so that it can perform to its full potential. The advantages that batteries offer over other similar storage technologies and the technological developments over the years have increased the adoption of batteries for energy storage used in emergency and grid-scale applications.

The use of these batteries in conditions where they consistently operate outside the specified state leads to faster degradation of the cell and increases the chances of failure. Typically, 75% of UPS failures are due to battery failure; this can have disastrous and costly consequences. This disadvantage has made batteries a weak link in power systems. Therefore, battery monitoring solutions are being adopted to prevent such failures.

Technavios analysts forecast the Global Battery Monitoring Solutions Market to grow at a CAGR of 22.84% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the Global Battery Monitoring Solutions Market for 2016-2020. The revenue calculation is based on the equipment that enables to monitor the batteries. The technologies that are included are battery monitoring units, sensors, and software in different market sectors.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Battery Monitoring Solutions Market 2016-2020, 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.

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Key vendors

ABB

BTECH

Cellwatch

Emerson

GE-Alstom Grid

Other prominent vendors

6th Energy

Battery DAQ

Canara

PowerShield

Texas Instruments

Vecture

Market driver

Rising popularity of electric vehicles

For a full, detailed list, view our report

Market challenge

Operational challenges related to lead-acid batteries

For a full, detailed list, view our report

Market trend

Intermittency of renewable energy

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Make an Enquiry: http://www.researchmoz.us/enquiry.php?type=E&repid=724205

Table of Content


PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Global battery monitoring solutions market 2015-2020

Five forces analysis

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