EMEA (Europe, Middle East and Africa) Advance Battery Technologies Market to Grow Substantially during 2017-2022

Technological advancements have led towards the development of advanced batteries in order to fulfill the soaring demand for energy worldwide. According to the latest study, demand for batteries, which are efficient, low cost and safe is anticipated to record significant growth in the coming years. With a prime focus on EMEA market, analysts have forecasted the growth potential of advance battery technologies and prepared a study with a title “EMEA (Europe, Middle East and Africa) Advance Battery Technologies Market Report 2017” This study is the latest addition to the online repository of Market Research Hub (MRH).

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Geographically, the report has fragmented EMEA into Europe, the Middle East and Africa, together with the major information such as sales (volume), revenue (value), market share and growth rate of Advance Battery Technologies for these key regions; Germany, France, UK, Russia, Italy and Benelux; Saudi Arabia, Israel, UAE and Iran; South Africa, Nigeria, Egypt and Algeria. Additionally, the report discusses key trends and major opportunities that are prevalent in the market.

In the initial part, the study provides precise advance battery technologies overview along with classification and application. Advanced battery technologies such as lead-acid batteries, sodium sulfur batteries, advanced flow batteries, lithium ion, lithium polymer and sodium metal halide batteries can be some of the key segments based on technology. Lithium ion batteries, that presently lead the marketplace for advanced batteries in applications starting from consumer electronics to electrified transportation, signify a major phase beyond typical lead-acid technology. Product type discussed in the report are; Nickel-Cadmium batteries, Lithium-ion batteries, Nickel-zinc batteries, Lead acid batteries and others.

Major applications of the advance battery technologies, discussed in the report, include:

Hybrid & Electric Bus
 Automotive
 UAV
 Military/Aerospace Batteries
 Wearable Electronics
 Residential Energy Storage
 Industrial Electric
 Other

According to the research, increasing demand for electric buses, aircraft, wearable electronic devices and other consumer electronics have led towards the development of advance battery technologies for the same. In 2016, the EMEA market has gained huge momentum in its market value, which is further expected to fuel the advance battery technologies market growth between 2016 and 2022, at a strong CAGR.

In the further section, profiles of the most prominent companies operating in the EMEA advance battery technologies market are included in the market study. They are as follows:

Exide
 Hitachi Maxell
 Honda
 American Battery Charging
 Sony
 China Bak Battery
 General Electric
 Fujitsu
 Honeywell Batteries

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Moreover, it has been analyzed that battery manufacturers in EMEA are dedicated towards development of high-performance products, which furnish to the demand for high energy storage and energy optimization.