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India Battery Market By Application, Competition Forecast & Opportunities, 2011 - 2022

LONDON, April 12, 2017 /PRNewswire/ -- Battery market in India is mainly driven by growth in power sector, surging transportation needs, increasing battery integration in consumer electronics and rising fuel saving initiatives. In India, several government measures such as promotion of solar power and clean fuel based automobile technologies are anticipated to propel demand for batteries in the country over the course of next five years. Moreover, rising investments in infrastructure developments coupled with growing telecom sector is projected to bolster growth in the country's battery market during 2017 - 2022. Emergence of new data transmission technologies such as 4G would require upgradation of technological infrastructure such as establishment of new telecom towers, etc. This is projected to buoy growth in the country's battery industry in the coming years, as batteries form an integral part of operational telecom towers and associated infrastructure.

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According to "India Battery Market By Application, Competition Forecast & Opportunities, 2011 - 2022", battery market in India is projected to reach $ 8.6 billion by 2022, on account of growing demand from automobile and industrial sectors. Strong growth in domestic production and exports of automobiles, coupled with expanding vehicle fleet is projected to drive demand for batteries from OEMs as well as replacement segments through 2022. Moreover, rising penetration of two-wheelers in semi urban and rural India is projected to surge replacement demand for two-wheeler batteries during the forecast period. Few of the major players operating in India battery market include Exide Industries Limited, Amara Raja Batteries Limited, Luminous Power Technologies and HBL Power Systems Ltd., among others. "India Battery Market By Application, Competition Forecast & Opportunities, 2011 - 2022" discusses the following aspects of battery market in India:

- India Battery Market Size, Share & Forecast
- Segmental Analysis – By Application (Automobile, Industrial, Two-wheelers & Others)
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of India battery market.
- To identify the on-going trends and anticipated growth in the next five years.
- To help industry consultants and battery manufacturers to align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer's specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with battery manufacturers, suppliers and industry experts. Secondary research included an exhaustive search of relevant publications such as company annual reports, financial reports and proprietary databases

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