Market Research Forecasts Battery Control Technology Market at $124 Billion by 2016

(firmenpresse) - ROCKVILLE, MD -- (Marketwire) -- 04/30/12 -- MarketResearch.com has announced the addition of the new report "Battery Control Technology: Global Markets," to their collection of Energy market reports. For more information, visit
The global wholesale level market for battery control technology was nearly $86 billion in 2011 and should grow to more than $124 billion (constant 2012 dollars) by 2016 under a consensus scenario, a CAGR of 7%.
Battery chargers currently represent the largest of the three battery control technology market sectors, with 2011 sales of over $48 billion. BCC expects this market to reach $69.6 billion by 2016, a CAGR of 7.6%.
Smart batteries (including both nickel metal hydride and lithium-ion) are the second largest market sector, especially those used in portable products and on-road electric vehicles. Smart batteries represent $32 billion in 2011 and are expected to grow to more than $49 billion by 2016, a CAGR of 8.5%
For more information, visit
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit .
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Datum: 30.04.2012 - 09:08 Uhr
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