Lead Acid Battery Market to Witness Growth Acceleration During 2018-2024
Lead Acid Battery Market is set to exceed USD 75 Billion by 2024. Growing demand for backup power units driven by ongoing investments toward expansion of IT sector will drive the Lead Acid Battery market. Increasing capital expenditure toward the expansion of data service industry along with growing capacity to handle projected data explosion will propel the industry landscape. As per CBRE in 2017, investments toward datacenter industry in the U.S. reached a record high of over USD 20 billion.
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