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Global Clear Aligners Market Forecast to 2028 - COVID-19 Impact and Analysis
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$16+ Billion Automotive Lead Acid Battery Global Market to 2028 - by Product, Type, End-user and Geography
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$16+ Billion Automotive Lead Acid Battery Global Market to 2028 - by Product, Type, End-user and Geography
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NEW YORK, May 24, 2021 /PRNewswire/ The automotive batteries market is expected to grow by 26.55 million units during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the automotive batteries market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
Technavio has announced its latest market research report titled Automotive Batteries Market by Type and Geography - Forecast and Analysis 2021-2025
The automotive batteries market will witness a negative impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio s pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
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ResearchAndMarkets.com s offering.
The global UPS battery market was valued at US$ 695.6 million in 2020 and is projected to reach US$ 1,475.7 million by 2028; it is expected to grow at a CAGR of 10.6% from 2021 to 2028.
The battery is one of a crucial component of an uninterruptible power supply (UPS). The UPS battery is accountable for long life span and good performance of UPS. Thus, regular maintenance of battery is must. Lithium-ion (Li-ion), Lead-acid, and nickel cadium are the major types of UPS batteries available for community of end users including from the commercial to industrial sectors. With the growing number of large data centers in corporate sector, electrical appliances and gadgets such as computers, critical infrastructure, or industrial processes, the adoption of UPS is booming, which is further stimulating the scope of UPS batteries. In addition, with a rise in mission-critical facilities and industries using data center