PRZOOM - /newswire/ -
Mountain View, CA, United States, 2009/05/21 - Over the years, stationary power systems have evolved into highly reliable and cost effective energy storage solutions.
Stationary lead acid (SLA) batteries have been the battery chemistry of choice for backup power, emergency lighting, security alarms, and other applications. Stationary batteries provide electrical power to systems during power outages and stabilize voltages by eliminating irregularities in systems.
The following are findings from the analysis:
• The world stationary lead acid battery market earned revenues of over $3.48 billion in 2008 and estimates to reach $5.79 billion in 2015.
• The SLA market has witnessed fluctuations in growth trends as the market maturity intensifies due to volatile prices of depleting materials, narrowing profit margins, a lack of product originality, and competition from Asia producing low-end, low-priced batteries.
• The proliferation of data centers and growth in the telecommunications sector will fuel the demand.
• The current global economic situation is expected to affect original equipment sales of these batteries, but aftermarket/replacement sales are likely to remain steady as users maintain existing equipment.
• Success in this market will depend largely on the vendor's ability to meet production capacities or control inventory supply impacted by fluctuating demand in several application markets.
From the Analyst: "A realization of the need for backup power to sustain the running of critical businesses has resulted in consistent revenue in the SLA battery market," says Frost & Sullivan Principal Consultant Sara Bradford. "The technology has been the forerunner in the field of energy storage, thereby increasing the dependence on backup power for both critical and semi-critical end-user applications."
"Nonetheless, the criticality of backup power systems has increased after recent major power failures, and the dependence on automated systems increases causing market growth," says Bradford. "Due to UPS equipment extended runtime requirements and increasing battery runtime for telecommunication backup systems, end users will require reliable equipment and batteries in order to comply with FCC orders 07-107 and 07-177."
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