Pike Research forecasts $18B market in 2020 for advanced lead-acid batteries, 58% in transportation
Green Car Congress
DECEMBER 10, 2012
In a new report, Pike Research forecasts that the advanced lead-acid battery (LAB) market will expand at a compound annual growth rate (CAGR) of 19.8% By 2020, Pike Research forecasts that advanced lead-acid batteries will capture roughly 25% of the global battery-based grid storage market, a small subset of the broader energy storage market.
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