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Global Industrial Battery Market for Material Handling Equipment 2017-2021

Industrial Battery Sector, focus on Material Handling Equipment: Worldwide Forecast until 2021

  • July 2017
  • 74 pages
  • ID: 5015474
In this report:
The global industrial lead-acid battery market for material handling equipment was valued at $##.## billion in 2016 and is expected to reach $##.## billion by 2021, growing at a CAGR of ##.##%.
The global industrial Li-ion battery market for material handling equipment was valued at $##.## billion in 2016 and is expected to reach $##.## billion by 2021, growing at a CAGR of ##.##%.

Summary

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About Industrial Battery for Material Handling Equipment

An industrial battery is specifically designed for use in material handling equipment that requires both high energy density and power. Lead-acid batteries are the principal battery type used in material handling equipment. Material handling equipment invokes to a range of products that aid in the transportation and storage of materials. Such equipment enhances and streamlines supply chain distribution channels, increases the operational efficiency and the workflow in manufacturing, and manages warehouse operations for optimum utilization.

The experts estimate the worldwide industrial battery sector for material handling equipment to grow at a Compound annual growth rate of ~8.8 percent between 2017 and 2021.

What is the scope of this report?

The study describes the ongoing situation and its growth expectations of the global industrial battery sector for material handling equipment for 2017-2021. The report includes a detailed synthesis of the market, included data from multiple sources..

The sector is segmented into the specified segments established on area:

• Americas

• Asia-Pac

• Europe, Middle East and Africa (EMEA)

The market study, World-wide Industrial Battery Sector for Material Handling Equipment 2017-2021, has been produced established on a comprehensive and detailed market studies with data coming from specialists of the sector. The study describes the market outlook and its growth expectations over the next years. This study also comprises conversations with top vendors operating in this segment.

Who are the market dominants?

• Growth in overall e-commerce

• For a full, in-depth list, view our market report

What are the ongoing market challenges?

• High initial investment and maintenance cost for material handling equipment

• For a full, exhaustive list, view our market report

How is the market going?

• Declining Li-ion battery prices

• For a full, in-depth list, view our market report

What are the main questions answered in this report?

• What will both market value and growth rate be in 2021?

• What are the key market forecasts?

• What is driving this sector?

• What are the conditions to market growth?

• Who are the main sellers in this market environment?

• What are the opportunities in this industry and segment risks faced by the main vendors?

• What are the forces and weaknesses of the main vendors?

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