(MENAFNEditorial) Global Battery Monitoring Solutions Market 2016 Share, Trend, Segmentation and Forecast to 2020
Wiseguyreports.com add report on ''Global Battery Monitoring Solutions Market 2016-2020'' to its research database. PUNE, INDIA, May 27, 2016 /EINPresswire.com/ -- About the Battery Monitoring Solutions Market
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.
Technavio''s analysts forecast the Global Battery Monitoring Solutions Market to grow at a CAGR of 22.84% during the period 2016-2020.
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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.
Key vendors
ABB
BTECH
Cellwatch
Emerson
GE-Alstom Grid
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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?
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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
PART 06: Market segmentation by end user
Global battery monitoring solutions market by end-users 2015
Global battery monitoring solutions market by end-users 2020
Global battery monitoring solutions market by end-users 2015-2020
Global battery monitoring solutions market by automotive industry
Global battery monitoring solutions market by energy industry
Global battery monitoring solutions market by telecom and data center industry
PART 07: Geographical segmentation
Global battery monitoring solutions market by geography 2015
Global battery monitoring solutions market by geography 2020
Global battery monitoring solutions market by geography 2015-2020
Battery monitoring solutions market in Americas
Battery monitoring solutions market in APAC
Battery monitoring solutions market in EMEA
PART 08: Market drivers
Increase in grid scale application
Rising popularity of electric vehicles
Growing usage in data centers
PART 09: Impact of drivers
PART 10: Market challenges
Operational challenges related to lead-acid batteries
High implementation cost
PART 11: Impact of drivers and challenges
PART 12: Market trends
Change in grid structure and greater need for energy storage as distributed generation
Intermittency of renewable energy
Growing concerns on reducing emissions
Growth of containerized data centers
PART 13: Vendor landscape
Other prominent vendors
PART 14: Key vendor analysis
ABB
BTECH
Cellwatch
Emerson
GE-Alstom Grid
PART 15: Appendix
List of abbreviations
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