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Worldwide Forklift Battery Market 2016 Trend, Analysis and Overview

Thursday, February 23, 2017 23:44
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(Before It's News)

Lead-acid batteries power 75%-85% of the electric forklifts manufactured globally. These batteries are cost-effective and offer benefits such as high resilience in difficult environmental conditions involving dirt, chemicals, and vibrations. 
The maintenance costs of lead-acid batteries can be monitored and improved with inexpensive technology to reduce the total cost of ownership. Advanced charging technologies can bring up the efficiency to 90%, with power factors approaching 99%. This keeps utility costs low. Technical innovations such as fast and opportunity charging during operator downtime add to the cost efficiency of lead-acid batteries. 

Publisher’s analysts forecast the global forklift battery market to grow at a CAGR of 8.1% during the period 2016-2020.

For more information about this report:        

Covered in this report 
The report covers the present scenario and the growth prospects of the global forklift battery market for 2016-2020. 

The market is divided into the following segments based on geography: 
- Americas

Publisher’s report, Global Forklift 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 
- East Penn Manufacturing Co., Inc.
- Exide Industries Ltd.
- Midac Batteries S.P.A.
- Navitas System, LLC Corporate.
- Storage Battery Systems, LLC 


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Other prominent vendors 
- Chloride Batteries
- Crown Battery
- Hoppecke
- Johnson Controls
- Trojan Battery

Market driver 
- Expansion of warehouse space in e-commerce industry
- For a full, detailed list, view our report 

Market challenge 
- Replacements of electric forklifts by fuel cell forklifts
- For a full, detailed list, view our report 

Market trend 
- Use of fast chargers
- For a full, detailed list, view our report 

Inquire for Report at        

Contact Us:

Call: +1-646-491-9876

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