(EnergyIndustry.Net, May 16, 2018 ) An industrial battery is specifically designed for use in material handling equipment that requires both high energy density and power. Lead-acid batteries are the main battery type used in material handling equipment. Material handling equipment refers to a range of products that aid in the transportation and storage of materials. Such equipment enhances and streamlines supply chain distribution channels, increases the operational efficiency and the workflow in manufacturing, and manages warehouse operations for optimum utilization.
Publisher's analysts forecast the global industrial battery market for material handling equipment to grow at a CAGR of 8.84% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global industrial battery market for material handling equipment for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Industrial Battery Market for Material Handling Equipment 2017-2021, 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 - East Penn Manufacturing - EnerSys - Exide Technologies - Trojan Battery - Valence Technology