The battery market's growth momentum in the telecommunication industry will accelerate at a CAGR of 13.45% and the market share will increase by USD 5.95 billion from 2021 to 2026. The market vendors are - Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Amara Raja Group, Battrix Ltd., C and D Technologies Inc., Eagle Eye Power Solutions LLC, East Penn Manufacturing Co. Inc., EnerSys, ETERNITY TECHNOLOGIES FZ LLC, Exide Industries Ltd., GAZ Gerate und Akkumulatorenwerk Zwickau GmbH, GS Yuasa Corp., HBL Power Systems Ltd., Kung Long Batteries Industrial Co. Ltd., Leoch International Technology Ltd., LG Corp., MIDAC SpA, Panasonic Corp., Polarium Energy Solutions AB, Samsung SDI Co. Ltd., Star Battery Ltd., TotalEnergies SE, and Zhejiang Narada Power Source Co. Ltd. among others. Furthermore, this market research report extensively covers market segmentation by:
What will the Battery Market Size in Telecommunication Industry be During the Forecast Period?

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Battery Market in Telecommunication Industry: Key Drivers, Trends, and Challenges
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increase in power consumption is notably driving the market growth, although factors such as decline in diesel prices may impede the market growth. Our research analysts have studied the historical data and deduced the key battery industry analysis report and the COVID-19 pandemic impact on the battery industry in telecommunication industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Market Driver
One of the key factors driving growth in the market is the increase in power consumption. The rise in power consumption has led to outages and heavy loads during peak hours in many countries. The increasing population and rapid urbanization have driven power consumption worldwide. Consequently, growing power consumption becomes one of the major drivers for the global off-grid energy storage system market. Owing to the rising population trend, we expect an increased demand for microgrid installations. The growing population and rapid advances in technology have resulted in increased mobile and smartphone penetration globally. The growth in rural communication technologies helps in improving the economy of a region in many ways. This will increase the demand for microgrids, uninterruptible power supply (UPS) systems, and battery backup systems for telecom installations and, in turn, drive market growth.
Key Market Trend
The declining Li-ion battery prices is a market trend that is expected to have a positive impact in the coming years. Currently, the cost of Li-ion batteries is more than that of lead-acid batteries. However, Li-ion battery manufacturers are working on technological advances and are trying to reduce their prices. Over the past decade, the prices of Li-ion batteries dropped by nearly 80%. Companies are enhancing Li-ion batteries, which will lead to year-over-year cost reduction. The prices of batteries are expected to reduce further during the forecast period. Due to the factors mentioned above, there has been an increase in the use of Li-ion batteries. Also, companies are developing Li-ion batteries for industrial applications and telecom towers. This will exponentially maintain the demand for Li-ion batteries in the global market.
Key Market Challenge
The decline in diesel prices will be a major challenge for the global market during the forecast period. One of the main reasons for the adoption of battery systems in telecom towers is to lessen the cost and dependency on diesel. Since 2012, a continuous and year-over-year decline has been witnessed in diesel prices, which is having a negative impact on the growth of the global market. With the decline in diesel cost, the value proposition for substituting to new power systems decreases, which, in turn, increases the payback period. With the fuels getting cheaper day by day, the cost of operating a diesel generator-powered telecom tower is becoming equivalent to that of a battery-powered telecom tower. Hence, there has been an increase in the use of diesel in the telecom industry, which, in turn, is hindering the growth of the global market.
This market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global battery market in telecommunication industry as a part of the global renewable electricity market within the global independent power and renewable electricity market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.
Who are the Major Battery Market Vendors in Telecommunication Industry?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH
- Amara Raja Group
- Battrix Ltd.
- C and D Technologies Inc.
- Eagle Eye Power Solutions LLC
- East Penn Manufacturing Co. Inc.
- EnerSys
- ETERNITY TECHNOLOGIES FZ LLC
- Exide Industries Ltd.
- GAZ Gerate und Akkumulatorenwerk Zwickau GmbH
- GS Yuasa Corp.
- HBL Power Systems Ltd.
- Kung Long Batteries Industrial Co. Ltd.
- Leoch International Technology Ltd.
- LG Corp.
- MIDAC SpA
- Panasonic Corp.
- Polarium Energy Solutions AB
- Samsung SDI Co. Ltd.
- Star Battery Ltd.
- TotalEnergies SE
- Zhejiang Narada Power Source Co. Ltd.
This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Product Insights and News
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH is a privately held company headquartered in Germany. It is a global company, with limited information regarding its financials and has around 2,000 employees. Its revenue from the global battery market in the telecommunication industry contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company.
- Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH - The company offers batteries in the telecommunication industry such as net power.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Battery Market in Telecommunication Industry Value Chain Analysis
Our report provides extensive information on the value chain analysis for the market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Battery Market in Telecommunication Industry?

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52% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for batteries in the telecommunication industry in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increase in the number of low-cost smartphones available in China and India, and an increase in the number of subscribers for telecom providers will facilitate the market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the regional market witnessed a significant decline in revenue, owing to the outbreak of the COVID-19 pandemic. In addition, telecom sales dropped, which led to a decline in the demand for batteries in the telecommunication industry. However, in the last quarter of 2020, many countries in APAC lifted restrictions on various businesses. The vendors were then able to resume their routine operations by adhering to the COVID-19 guidelines.
What are the Revenue-generating Product Segments in the Battery Market in Telecommunication Industry?

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The market share growth by the lead-acid battery segment will be significant during the forecast period. The global lead-acid market will grow at a moderate rate during the forecast period due to the upsurge in the number of telecom towers worldwide, as lead-acid batteries are primarily used in the energy storage markets. Innovations such as adding carbon value to lead-acid batteries help in increasing the efficiency and overcoming technical drawbacks associated with slow charging, short lifecycle, and maintenance requirements.
This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on post COVID-19 impact on each segment.
Battery Market Scope in Telecommunication Industry
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Report Coverage
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Details
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Page number
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120
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Base year
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2021
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Forecast period
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2022-2026
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Growth momentum & CAGR
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Accelerate at a CAGR of 13.45%
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Market growth 2022-2026
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$ 5.95 billion
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Market structure
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Fragmented
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YoY growth (%)
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11.29
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Regional analysis
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APAC, North America, Europe, Middle East and Africa, and South America
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Performing market contribution
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APAC at 52%
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Key consumer countries
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US, China, India, Japan, and Germany
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Competitive landscape
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Leading companies, Competitive strategies, Consumer engagement scope
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Key companies profiled
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Accumulatorenwerke HOPPECKE Carl Zoellner and Sohn GmbH, Amara Raja Group, Battrix Ltd., C and D Technologies Inc., Eagle Eye Power Solutions LLC, East Penn Manufacturing Co. Inc., EnerSys, ETERNITY TECHNOLOGIES FZ LLC, Exide Industries Ltd., GAZ Gerate und Akkumulatorenwerk Zwickau GmbH, GS Yuasa Corp., HBL Power Systems Ltd., Kung Long Batteries Industrial Co. Ltd., Leoch International Technology Ltd., LG Corp., MIDAC SpA, Panasonic Corp., Polarium Energy Solutions AB, Samsung SDI Co. Ltd., Star Battery Ltd., TotalEnergies SE, and Zhejiang Narada Power Source Co. Ltd.
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Market dynamics
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Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
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Customization purview
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What are the Key Data Covered in this Battery Market in Telecommunication Industry Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the battery industry in telecommunication industry across APAC, North America, Europe, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of market vendors
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