Telecom sector: Battery market for energy storage to grow at 10.5% during 2016-2020
The global battery market for energy storage in the telecom sector is likely to grow at a CAGR of 10.5% during the period 2016-2020, according to a Research and Markets report. According to the report, the rise in telecom subscriptions worldwide has led to increased number of telecom tower installations. This has led to rising consumption of diesel. An overall estimate of 80% telecom towers operate on diesel generators, thus... Read More
