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India News Releases
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(India.CityRegions.Com, November 22, 2016 ) Lead-acid batteries power 75%-85% of the electric forklifts manufactured globally. These batteries are cost-effective and offer benefits such as high resilience in difficult environmental conditions involving dirt, chemicals, and vibrations.
The maintenance costs of lead-acid batteries can be monitored and improved with inexpensive technology to reduce the total cost of ownership. Advanced charging technologies can bring up the efficiency to 90%, with power factors approaching 99%. This keeps utility costs low. Technical innovations such as fast and opportunity charging during operator downtime add to the cost efficiency of lead-acid batteries.
Publisher's analysts forecast the global forklift battery market to grow at a CAGR of 8.1% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-forklift-battery-market-2016-2020
Covered in this report
The report covers the present scenario and the growth prospects of the global forklift battery market for 2016-2020.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher's report, Global Forklift Battery 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
- East Penn Manufacturing Co., Inc.
- Exide Industries Ltd.
- Midac Batteries S.P.A.
- Navitas System, LLC Corporate.
- Storage Battery Systems, LLC
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001291844/sample
Other prominent vendors
- Chloride Batteries
- Crown Battery
- Hoppecke
- Johnson Controls
- Trojan Battery
Market driver
- Expansion of warehouse space in e-commerce industry
- For a full, detailed list, view our report
Market challenge
- Replacements of electric forklifts by fuel cell forklifts
- For a full, detailed list, view our report
Market trend
- Use of fast chargers
- For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001291844/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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