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Generator Batteries are charged for long periods and deliver high cranking power (starting current). Most of the Generator Batteries are manufactured as sealed and maintenance-free.
There is a growing consumer expectation for genset batteries that offer higher power density, longer service life, and quicker recharge capabilities. These attributes ensure there is sufficient crank power to start gensets even at lower temperatures. Therefore, market vendors are focusing on the manufacture of batteries that offer efficient cranking power. It is expected to increase the sales of lead-acid and NiCd batteries and propel the overall market for genset batteries over the next four years.
Market Analysis and Insights: Global Genset Battery Market
The global Genset Battery market is valued at US$ 12010 million in 2019. The market size will reach US$ 16760 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
Global Genset Battery Scope and Segment
Genset Battery market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Genset Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Lead-Acid Batteries
NiCd Batteries
Segment by Application
Residential
Commercial
Industrial
By Company
Cummins
EnerSys
Exide
Leoch International
Amara Raja Batteries
Generac
Kohler
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
There is a growing consumer expectation for genset batteries that offer higher power density, longer service life, and quicker recharge capabilities. These attributes ensure there is sufficient crank power to start gensets even at lower temperatures. Therefore, market vendors are focusing on the manufacture of batteries that offer efficient cranking power. It is expected to increase the sales of lead-acid and NiCd batteries and propel the overall market for genset batteries over the next four years.
Market Analysis and Insights: Global Genset Battery Market
The global Genset Battery market is valued at US$ 12010 million in 2019. The market size will reach US$ 16760 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
Global Genset Battery Scope and Segment
Genset Battery market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Genset Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Lead-Acid Batteries
NiCd Batteries
Segment by Application
Residential
Commercial
Industrial
By Company
Cummins
EnerSys
Exide
Leoch International
Amara Raja Batteries
Generac
Kohler
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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