Industrial Batteries Market Size, Share, Trends, Growth 2032
Industrial Batteries Market By End-User (Uninterruptible Power Supply or Backup, Telecom & Data Communication, Industrial Equipment, Grid-Level Energy Storage, and Others), and Types (Nickel-Based Batteries, Lead-Acid Batteries, Lithium-Based Batteries, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 20.85 Billion | USD 46.18 Billion | 9.24% | 2023 |
Table Of Content
- Chapter No. 1 : Preface
- 1.1. Report Description
- Chapter No. 2 : Research Methodology
- 2.1. Market Research Process
- 2.2. Secondary Research
- 2.3. Data Modeling
- 2.3.1. Company Share Analysis Model
- 2.3.2. Revenue-Based Models
- 2.4. Primary Research
- 2.5. Research Limitation
- Chapter No. 3 : Executive Summary
- 3.1. Global Industrial Batteries Market, Vulume (Units) and Revenue (USD Billion), 2016 - 2026
- 3.2. Global Industrial Batteries Market: Snapshot
- Chapter No. 4 : Industrial Batteries Market – Industry Analysis
- 4.1. Introduction and Market Overview:
- 4.2. Market Drivers
- 4.2.1. Growing demand from aerospace & defense industry
- 4.2.2. Growing automotive industry
- 4.3. Restraints
- 4.3.1. Rising cost of raw materials
- 4.4. Opportunities
- 4.4.1. Increase in offshore spending and potential of new oilfield discovery
- 4.5. Porter’s Five Forces Analysis
- 4.6. Key Mandates & Regulations
- 4.7. SWOT Analysis
- Chapter No. 5 : Investment Proposition Analysis
- 5.1. Industrial Batteries Market Attractiveness, By End-User
- 5.2. Industrial Batteries Market Attractiveness, By Types
- 5.3. Industrial Batteries Market Attractiveness, By Region
- 5.4. Industrial Batteries Market Attractiveness, By Country
- Chapter No. 6 : Competitive Landscape
- 6.1. Company Market Share (%), 2016
- 6.2. Company Market Share (%), 2017
- 6.3. Company Market Share (%), 2018
- 6.4. Company Market Share (%), 2019
- 6.5. Company (Y-o-Y) Growth 2016-19 (%)
- 6.6. Strategic Development
- 6.6.1. Acquisitions & Mergers
- 6.6.2. New Product Launch
- 6.6.3. Agreements, Partnerships, Cullaborations, and Joint Ventures
- 6.6.4. Research and Development, and Regional Expansion
- Chapter No. 7 : Industrial Batteries Market – End-User Segment Analysis
- 7.1. Global Industrial Batteries Market: by End-User
- 7.1.1. Global Industrial Batteries Market Revenue Share (%), by End-User, 2019 & 2026
- 7.1.2. Global Industrial Batteries Market by Uninterruptible Power Supply or Backup, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 7.1.3. Global Industrial Batteries Market by Telecom & Data Communication, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 7.1.4. Global Industrial Batteries Market by Industrial Equipment, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 7.1.5. Global Industrial Batteries Market by Grid-Level Energy Storage, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 7.1.6. Global Industrial Batteries Market by Others, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 7.1.7. Global Industrial Batteries Market Analysis/ Overview – By End-User
- 7.1.7.1. Uninterruptible Power Supply or Backup – Overview/ Analysis
- 7.1.7.2. Telecom & Data Communication – Overview/ Analysis
- 7.1.7.3. Industrial Equipment – Overview/ Analysis
- 7.1.7.4. Grid-Level Energy Storage – Overview/ Analysis
- 7.1.7.5. Others – Overview/ Analysis
- 7.1. Global Industrial Batteries Market: by End-User
- Chapter No. 8 : Industrial Batteries Market – Types Segment Analysis
- 8.1. Global Industrial Batteries Market: by Types
- 8.1.1. Global Industrial Batteries Market Revenue Share (%), by Types, 2019 & 2026
- 8.1.2. Global Industrial Batteries Market by Nickel-Based Batteries, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 8.1.3. Global Industrial Batteries Market by Lead-Acid Batteries, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 8.1.4. Global Industrial Batteries Market by Lithium-Based Batteries, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 8.1.5. Global Industrial Batteries Market by Others, Vulume (Units) and Revenue (USD Billion), 2016 – 2026
- 8.1.6. Global Industrial Batteries Market Analysis/ Overview – By Types
- 8.1.6.1. Nickel-Based Batteries – Overview/ Analysis
- 8.1.6.2. Lead-Acid Batteries – Overview/ Analysis
- 8.1.6.3. Lithium-Based Batteries – Overview/ Analysis
- 8.1.6.4. Others – Overview/ Analysis
- 8.1. Global Industrial Batteries Market: by Types
- Chapter No. 9 : Industrial Batteries Market – Regional Analysis
- 9.1. Global Industrial Batteries Market: Regional Overview
- 9.1.1. Global Industrial Batteries Market (USD Billion) (Units) 2016 – 2026
- 9.1.1. Global Industrial Batteries Market Revenue (USD Billion) 2016 – 2026
- 9.2. North America Industrial Batteries Market
- 9.2.1. Overview
- 9.2.2. North America Industrial Batteries Market, (Units) (USD Billion) 2016 - 2026
- 9.2.3. North America Industrial Batteries Market, Vulume (Units) by End-User, 2016 – 2026
- 9.2.4. North America Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
- 9.2.5. North America Industrial Batteries Market, Vulume (Units) by Types, 2016 – 2026
- 9.2.6. North America Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
- 9.2.7. U.S.
- 9.2.8. Canada
- 9.3. Europe Industrial Batteries Market
- 9.3.1. Overview
- 9.3.2. Europe Industrial Batteries Market, (Units) (USD Billion) 2016 - 2026
- 9.3.3. Europe Industrial Batteries Market, Vulume (Units) by End-User, 2016 – 2026
- 9.3.4. Europe Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
- 9.3.5. Europe Industrial Batteries Market, Vulume (Units) by Types, 2016 – 2026
- 9.3.6. Europe Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
- 9.3.7. Germany
- 9.3.8. France
- 9.3.9. U.K.
- 9.3.10. Italy
- 9.3.11. Spain
- 9.3.12. Rest of Europe
- 9.4. Asia Pacific Industrial Batteries Market
- 9.4.1. Overview
- 9.4.2. Asia Pacific Industrial Batteries Market, (Units) (USD Billion) 2016 - 2026
- 9.4.3. Asia Pacific Industrial Batteries Market, Vulume (Units) by End-User, 2016 – 2026
- 9.4.4. Asia Pacific Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
- 9.4.5. Asia Pacific Industrial Batteries Market, Vulume (Units) by Types, 2016 – 2026
- 9.4.6. Asia Pacific Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
- 9.4.7. China
- 9.4.8. Japan
- 9.4.9. India
- 9.4.10. South Korea
- 9.4.11. South-East Asia
- 9.4.12. Rest of Asia Pacific
- 9.5. Latin America Industrial Batteries Market
- 9.5.1. Overview
- 9.5.2. Latin America Industrial Batteries Market, (Units) (USD Billion) 2016 - 2026
- 9.5.3. Latin America Industrial Batteries Market, Vulume (Units) by End-User, 2016 – 2026
- 9.5.4. Latin America Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
- 9.5.5. Latin America Industrial Batteries Market, Vulume (Units) by Types, 2016 – 2026
- 9.5.6. Latin America Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
- 9.5.7. Brazil
- 9.5.8. Mexico
- 9.5.9. Rest of Latin America
- 9.6. The Middle-East and Africa Industrial Batteries Market
- 9.6.1. Overview
- 9.6.2. The Middle-East and Africa Industrial Batteries Market, (Units) (USD Billion) 2016 - 2026
- 9.6.3. The Middle-East and Africa Industrial Batteries Market, Vulume (Units) by End-User, 2016 – 2026
- 9.6.4. The Middle-East and Africa Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
- 9.6.5. The Middle-East and Africa Industrial Batteries Market, Vulume (Units) by Types, 2016 – 2026
- 9.6.6. The Middle-East and Africa Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
- 9.6.7. GCC Countries
- 9.6.8. South Africa
- 9.6.9. Rest of Middle-East Africa
- 9.1. Global Industrial Batteries Market: Regional Overview
- Chapter No. 10 : Company Profiles
- 10.1. GS Yuasa Corporation
- 10.2. East Penn Manufacturing Company
- 10.3. Robert Bosch GmbH
- 10.4. Enersys Inc.
- 10.5. Northstar Battery Company LLC
- 10.6. Saft Groupe S.A.
- 10.7. C&D Technulogies Inc.
- 10.8. Johnson Contruls Inc.
- 10.9. Exide Technulogies Inc.
- 10.10. Others
- Chapter No. 11 : Industrial Batteries Market – Premium Insights
- 11.1. Premium Insights from Primary Respondents
- 11.1.1. Primary Respondent 1
- 11.1.2. Primary Respondent 2
- 11.1.3. Primary Respondent 3
- 11.1.4. Primary Respondent 4
- 11.1. Premium Insights from Primary Respondents
Table Of Figures
List of Figures
FIG NO. 1 Research Methodology
FIG NO. 2 Market Research Process
FIG NO. 3 Secondary Research
FIG NO. 4 Company Share Analysis Model
FIG NO. 5 Revenue Based Model
FIG NO. 6 Primary Research
FIG NO. 7 Global Industrial Batteries Market, Volume (Units) and Revenue (USD Billion), 2016 - 2026
FIG NO. 8 Porter’s Five Forces Analysis for Global Industrial Batteries Market
FIG NO. 9 Global Industrial Batteries Market Revenue Share (%) by Product, 2019 & 2026
FIG NO. 10 Global Industrial Batteries Market by Uninterruptible Power Supply or Backup, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 11 Global Industrial Batteries Market by Telecom & Data Communication, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 12 Global Industrial Batteries Market by Industrial Equipment, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 13 Global Industrial Batteries Market by Grid-Level Energy Storage, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 14 Global Industrial Batteries Market by Others, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 15 Global Industrial Batteries Market Revenue Share (%) by Product, 2019 & 2026
FIG NO. 16 Global Industrial Batteries Market by Nickel-Based Batteries, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 17 Global Industrial Batteries Market by Lead-Acid Batteries, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 18 Global Industrial Batteries Market by Lithium-Based Batteries, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 19 Global Industrial Batteries Market by Others, Volume (Units) and Revenue (USD Billion), 2016 – 2026
FIG NO. 20 North America Industrial Batteries Market, (Units), (USD Billion) 2016 - 2026
FIG NO. 21 Europe Industrial Batteries Market, (Units), (USD Billion) 2016 - 2026
FIG NO. 22 Asia Pacific Industrial Batteries Market, (Units), (USD Billion) 2016 - 2026
FIG NO. 23 Latin America Industrial Batteries Market, (Units), (USD Billion) 2016 - 2026
FIG NO. 24 The Middle-East and Africa Industrial Batteries Market, (Units), (USD Billion) 2016 - 2026
Table Of Tables
List of Tables
TABLE 1 Global Industrial Batteries Market: Snapshot
TABLE 2 Drivers of the Industrial Batteries Market: Impact Analysis
TABLE 3 Restraints for the Industrial Batteries Market: Impact Analysis
TABLE 4 Global Industrial Batteries Market Revenue (USD Billion) (Units), 2016 – 2026
TABLE 5 Global Industrial Batteries Market Revenue (USD Billion), 2016 – 2026
TABLE 6 North America Industrial Batteries Market, Volume (Units) by End-User, 2016 – 2026
TABLE 7 North America Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
TABLE 8 North America Industrial Batteries Market, Volume (Units) by Types, 2016 – 2026
TABLE 9 North America Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
TABLE 10 Europe Industrial Batteries Market, Volume (Units) by End-User, 2016 – 2026
TABLE 11 Europe Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
TABLE 12 Europe Industrial Batteries Market, Volume (Units) by Types, 2016 – 2026
TABLE 13 Europe Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
TABLE 14 Asia Pacific Industrial Batteries Market, Volume (Units) by End-User, 2016 – 2026
TABLE 15 Asia Pacific Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
TABLE 16 Asia Pacific Industrial Batteries Market, Volume (Units) by Types, 2016 – 2026
TABLE 17 Asia Pacific Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
TABLE 18 Latin America Industrial Batteries Market, Volume (Units) by End-User, 2016 – 2026
TABLE 19 Latin America Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
TABLE 20 Latin America Industrial Batteries Market, Volume (Units) by Types, 2016 – 2026
TABLE 21 Latin America Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
TABLE 22 The Middle-East and Africa Industrial Batteries Market, Volume (Units) by End-User, 2016 – 2026
TABLE 23 The Middle-East and Africa Industrial Batteries Market Revenue (USD Billion) by End-User, 2016 – 2026
TABLE 24 The Middle-East and Africa Industrial Batteries Market, Volume (Units) by Types, 2016 – 2026
TABLE 25 The Middle-East and Africa Industrial Batteries Market Revenue (USD Billion) by Types, 2016 – 2026
Methodology
FrequentlyAsked Questions
Energy storage devices, known as industrial batteries, are intended for industrial applications. They are capable of supplying consistent power to a variety of apparatus and processes. Unlike consumer batteries, which are commonly employed in household electronics, industrial batteries are designed to endure rigorous operating conditions, deliver exceptional performance, and frequently possess an extended lifespan.
The necessity for energy storage solutions, such as industrial batteries, to effectively manage supply and demand is driven by the increasing reliance on renewable energy sources (such as solar and wind).
According to Zion Market Research, the global Industrial Batteries Market was worth USD 20.85 Billion in 2023. The market is forecast to reach USD 46.18 Billion by 2032.
According to Zion Market Research, the global Industrial Batteries Market a compound annual growth rate (CAGR) of 9.24% during the forecast period 2024-2032.
Geographical segments include North America, Europe, Asia-Pacific, Latin America, and the Middle East. Asia-Pacific is expected to witness growth in the industrial batteries market in the near future due to the increasing adoption of batteries in this region.
Some main participants in the Industrial Batteries market are GS Yuasa Corporation, East Penn Manufacturing Company, Robert Bosch GmbH, Enersys Inc., and Northstar Battery Company LLC. Other players influencing the global market are Saft Groupe S.A., C&D Technologies, Inc., Johnson Controls Inc., and Exide Technologies Inc., among others.
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