TechNavio Announces the Publication of its Report – Lead-acid Battery Market in Indonesia 2011–2015
TechNavio today launched its report Lead-acid Battery Market in Indonesia 2011–2015 based on an in-depth study focusing exclusively on Indonesia. The report aims to aid decision makers’ understanding of the present and the past landscape of the market.
Commenting on the report, an analyst from TechNavio’s Clean Tech said; “The demand for energy in Indonesia is expected to double by 2020. With the existing power generation capacity, it is not possible to meet the future power demand in Indonesia. The storage of energy helps to maintain a backup to cater to the high future demand. Large-scale grid energy storage systems will meet this demand and lead-acid batteries will allow grid energy storage to take place. Consequently, the growing energy demand will increase the growth of the Lead-acid Battery market in Indonesia.”
According to the report, one of the major drivers for the growth of the Lead-acid Battery market in Indonesia is the emergence of AGM lead-acid batteries.
Further, the report also discusses that the chances of reduction in the life of the battery is hampering the growth of the Lead-acid Battery market in Indonesia.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://technavio.com/content/lead-acid-battery-market-indonesia-2011-2015
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