Submarine Battery Market 2016 Size, Trends, Growth, Analysis and Forecasts
Submarines are crucial in a naval fleet due to their multi-operational capabilities and ability to complement other strategic resources. The global submarine market declined drastically in 1991 — toward the end of the Cold War period. Since then, Brazil, Russia, India, and China (BRIC) and other developing countries of APAC are investing in the submarine market to strengthen their naval capabilities.
Publisher’s analysts forecast the global submarine battery market to grow at a CAGR of 5.28% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global submarine battery market for 2016-2020. To calculate the market size, the report considers the total number of submarines, segmentation by submarine type and average unit price.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Publisher’s report, Global Submarine 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
- EnerSys
- EverExceed
- Exide Technologies
- HBL Power Systems
- Sunlight Systems
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Other prominent vendors
- Exide Industries
- GS Yuasa
- Saft
Market driver
- Rising investments in submarines
- For a full, detailed list, view our report
Market challenge
- Recycling concerns over growing use of LAB
- For a full, detailed list, view our report
Market trend
- Development of new battery technologies
- For a full, detailed list, view our report
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