Expert Market Research Explores the Top Company in the Global Carbon Foam Batteries Market

The key market players include Firefly Batteries Pvt. Ltd, among others. The global carbon foam batteries market is driven by the global battery market, which reached a market volume of 280 GWh in 2020 and is further expected to grow at a CAGR of 27% in 2022-2027.

Carbon foam battery refers to a potential replacement for the lead-acid batteries utilised in vehicles or other applications. The carbon foam batteries provide instantaneous power, recover to total capacity after discharge, have recharge capability rapid than other counterparts, have high-temperature resiliency, provide continuous power through the discharge process, and have good cold temperature volume utilisation, among other features.

The carbon foam batteries market has been expanding in the historical period owing to an increase in the demand for electric vehicles across the globe to minimise the use of fossil fuels. Easy availability of raw material, that is, carbon, in large quantities for the assembly of carbon foam batteries is anticipated to boost the worldwide carbon foam batteries market. Distinct advantages offered by carbon foam batteries over the batteries available within the market are estimated to drive the market in the near future. The carbon foam batteries have higher efficiencies and can be used in cold weather applications; thus, they are widely demanded.

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The carbon foam batteries market has been expanding in the historical period due to an increase in the demand for electric vehicles across the globe in order to minimise the use of fossil fuels. Easy availability of raw material, that is, carbon, in large quantities for the assembly of carbon foam batteries is anticipated to drive the worldwide carbon foam batteries market. Distinct advantages offered by carbon foam batteries over the batteries available within the market are estimated to augment the market within the near future. The carbon foam batteries have higher efficiencies and can be used in cold weather applications; thus, they are widely demanded.

Top Global Carbon Foam Batteries Company:

Firefly Batteries Pvt. Ltd

Establishment: 2014
Headquarters: Ahmedabad, Gujrat, India
Website: https://fireflybattery.in/

Firefly Batteries Private Ltd (FBPL), an ISO 9001:2008 certified company, is promoted by a group of highly qualified and experienced technocrats and professionals having more than two decades of experience in storage battery related businesses, including national level reputed OEM manufacturers, which gives us an edge over other players in understanding market demands of various segments. The company is incorporated to manufacture top quality battery using Microcell Carbon foam® technology from USA. Its plant is designed to produce about 750,000 KWH batteries throughout the year in the form of conventional (Lead-Acid) and Carbon Foam Batteries. FBPL has got the Exclusive license from Firefly USA of Microcell Carbon Foam® Technology to manufacture and sell batteries in India and Abroad.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.