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Industrial Battery-Global Market Insights and Sales Trends 2024
Synopsis
An individual battery or a battery pack designed exclusively for professional or industrial use is an industrial battery. An industrial battery consists of two electrodes connected by an electrolyte, which allows the flow of current, converting chemical energy to electric power. Industrial batteries are the energy source for most suppliers and manufacturers and lead-acid based, lithium based and nickel based batteries are the common families of industrial batteries.
The global Industrial Battery market size is expected to reach US$ 13610 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Battery in various end use industries. The expanding demands from the Telecom & Data Communication, Industrial Equipment, Uninterruptible Power Supply (UPS)/Backup and Grid-Level Energy Storage, are propelling Industrial Battery market. Lead-acid Batteries, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lithium-based Batteries segment is estimated at % CAGR for the next seven-year period.
Industrial batteries are rigid and generally used in difficult-to-reach or remote areas where appliances need to be self-powered. In these situations, replacement or re-charging of batteries is not an easy alternative or is entirely impossible. Hence, failure of battery often results in device failure. Therefore, it is essential that industrial batteries are capable of providing reliable power to devices, so they may operate for as long as needed.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Battery covered in this report include Johnson Controls (US), Exide Technologies (US), EnerSys (US), SAFT (France) and GS Yuasa (Japan), etc.
The global Industrial Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Johnson Controls (US)
Exide Technologies (US)
EnerSys (US)
SAFT (France)
GS Yuasa (Japan)
Global Industrial Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Battery market, Segment by Type:
Lead-acid Batteries
Lithium-based Batteries
Nickel-based Batteries
Others
Global Industrial Battery market, by Application
Telecom & Data Communication
Industrial Equipment
Uninterruptible Power Supply (UPS)/Backup
Grid-Level Energy Storage
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
An individual battery or a battery pack designed exclusively for professional or industrial use is an industrial battery. An industrial battery consists of two electrodes connected by an electrolyte, which allows the flow of current, converting chemical energy to electric power. Industrial batteries are the energy source for most suppliers and manufacturers and lead-acid based, lithium based and nickel based batteries are the common families of industrial batteries.
The global Industrial Battery market size is expected to reach US$ 13610 million by 2029, growing at a CAGR of 4.6% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Battery in various end use industries. The expanding demands from the Telecom & Data Communication, Industrial Equipment, Uninterruptible Power Supply (UPS)/Backup and Grid-Level Energy Storage, are propelling Industrial Battery market. Lead-acid Batteries, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lithium-based Batteries segment is estimated at % CAGR for the next seven-year period.
Industrial batteries are rigid and generally used in difficult-to-reach or remote areas where appliances need to be self-powered. In these situations, replacement or re-charging of batteries is not an easy alternative or is entirely impossible. Hence, failure of battery often results in device failure. Therefore, it is essential that industrial batteries are capable of providing reliable power to devices, so they may operate for as long as needed.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Battery covered in this report include Johnson Controls (US), Exide Technologies (US), EnerSys (US), SAFT (France) and GS Yuasa (Japan), etc.
The global Industrial Battery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Johnson Controls (US)
Exide Technologies (US)
EnerSys (US)
SAFT (France)
GS Yuasa (Japan)
Global Industrial Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Battery market, Segment by Type:
Lead-acid Batteries
Lithium-based Batteries
Nickel-based Batteries
Others
Global Industrial Battery market, by Application
Telecom & Data Communication
Industrial Equipment
Uninterruptible Power Supply (UPS)/Backup
Grid-Level Energy Storage
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Battery manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Industrial Battery Market Overview
1.1 Industrial Battery Product Overview
1.2 Industrial Battery Market Segment by Type
1.2.1 Lead-acid Batteries
1.2.2 Lithium-based Batteries
1.2.3 Nickel-based Batteries
1.2.4 Others
1.3 Global Industrial Battery Market Size by Type
1.3.1 Global Industrial Battery Market Size Overview by Type (2018-2029)
1.3.2 Global Industrial Battery Historic Market Size Review by Type (2018-2023)
1.3.3 Global Industrial Battery Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Industrial Battery Sales Breakdown by Type (2018-2023)
1.4.2 Europe Industrial Battery Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Industrial Battery Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Industrial Battery Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Industrial Battery Sales Breakdown by Type (2018-2023)
2 Global Industrial Battery Market Competition by Company
2.1 Global Top Players by Industrial Battery Sales (2018-2023)
2.2 Global Top Players by Industrial Battery Revenue (2018-2023)
2.3 Global Top Players by Industrial Battery Price (2018-2023)
2.4 Global Top Manufacturers Industrial Battery Manufacturing Base Distribution, Sales Area, Product Type
2.5 Industrial Battery Market Competitive Situation and Trends
2.5.1 Industrial Battery Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Industrial Battery Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Industrial Battery as of 2022)
2.7 Date of Key Manufacturers Enter into Industrial Battery Market
2.8 Key Manufacturers Industrial Battery Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Industrial Battery Status and Outlook by Region
3.1 Global Industrial Battery Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Industrial Battery Historic Market Size by Region
3.2.1 Global Industrial Battery Sales in Volume by Region (2018-2023)
3.2.2 Global Industrial Battery Sales in Value by Region (2018-2023)
3.2.3 Global Industrial Battery Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Industrial Battery Forecasted Market Size by Region
3.3.1 Global Industrial Battery Sales in Volume by Region (2024-2029)
3.3.2 Global Industrial Battery Sales in Value by Region (2024-2029)
3.3.3 Global Industrial Battery Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Industrial Battery by Application
4.1 Industrial Battery Market Segment by Application
4.1.1 Telecom & Data Communication
4.1.2 Industrial Equipment
4.1.3 Uninterruptible Power Supply (UPS)/Backup
4.1.4 Grid-Level Energy Storage
4.1.5 Others
4.2 Global Industrial Battery Market Size by Application
4.2.1 Global Industrial Battery Market Size Overview by Application (2018-2029)
4.2.2 Global Industrial Battery Historic Market Size Review by Application (2018-2023)
4.2.3 Global Industrial Battery Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Industrial Battery Sales Breakdown by Application (2018-2023)
4.3.2 Europe Industrial Battery Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Industrial Battery Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Industrial Battery Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Industrial Battery Sales Breakdown by Application (2018-2023)
5 North America Industrial Battery by Country
5.1 North America Industrial Battery Historic Market Size by Country
5.1.1 North America Industrial Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Industrial Battery Sales in Volume by Country (2018-2023)
5.1.3 North America Industrial Battery Sales in Value by Country (2018-2023)
5.2 North America Industrial Battery Forecasted Market Size by Country
5.2.1 North America Industrial Battery Sales in Volume by Country (2024-2029)
5.2.2 North America Industrial Battery Sales in Value by Country (2024-2029)
6 Europe Industrial Battery by Country
6.1 Europe Industrial Battery Historic Market Size by Country
6.1.1 Europe Industrial Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Industrial Battery Sales in Volume by Country (2018-2023)
6.1.3 Europe Industrial Battery Sales in Value by Country (2018-2023)
6.2 Europe Industrial Battery Forecasted Market Size by Country
6.2.1 Europe Industrial Battery Sales in Volume by Country (2024-2029)
6.2.2 Europe Industrial Battery Sales in Value by Country (2024-2029)
7 Asia-Pacific Industrial Battery by Region
7.1 Asia-Pacific Industrial Battery Historic Market Size by Region
7.1.1 Asia-Pacific Industrial Battery Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Industrial Battery Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Industrial Battery Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Industrial Battery Forecasted Market Size by Region
7.2.1 Asia-Pacific Industrial Battery Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Industrial Battery Sales in Value by Region (2024-2029)
8 Latin America Industrial Battery by Country
8.1 Latin America Industrial Battery Historic Market Size by Country
8.1.1 Latin America Industrial Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Industrial Battery Sales in Volume by Country (2018-2023)
8.1.3 Latin America Industrial Battery Sales in Value by Country (2018-2023)
8.2 Latin America Industrial Battery Forecasted Market Size by Country
8.2.1 Latin America Industrial Battery Sales in Volume by Country (2024-2029)
8.2.2 Latin America Industrial Battery Sales in Value by Country (2024-2029)
9 Middle East and Africa Industrial Battery by Country
9.1 Middle East and Africa Industrial Battery Historic Market Size by Country
9.1.1 Middle East and Africa Industrial Battery Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Industrial Battery Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Industrial Battery Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Industrial Battery Forecasted Market Size by Country
9.2.1 Middle East and Africa Industrial Battery Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Industrial Battery Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Johnson Controls (US)
10.1.1 Johnson Controls (US) Company Information
10.1.2 Johnson Controls (US) Introduction and Business Overview
10.1.3 Johnson Controls (US) Industrial Battery Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Johnson Controls (US) Industrial Battery Products Offered
10.1.5 Johnson Controls (US) Recent Development
10.2 Exide Technologies (US)
10.2.1 Exide Technologies (US) Company Information
10.2.2 Exide Technologies (US) Introduction and Business Overview
10.2.3 Exide Technologies (US) Industrial Battery Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Exide Technologies (US) Industrial Battery Products Offered
10.2.5 Exide Technologies (US) Recent Development
10.3 EnerSys (US)
10.3.1 EnerSys (US) Company Information
10.3.2 EnerSys (US) Introduction and Business Overview
10.3.3 EnerSys (US) Industrial Battery Sales, Revenue and Gross Margin (2018-2023)
10.3.4 EnerSys (US) Industrial Battery Products Offered
10.3.5 EnerSys (US) Recent Development
10.4 SAFT (France)
10.4.1 SAFT (France) Company Information
10.4.2 SAFT (France) Introduction and Business Overview
10.4.3 SAFT (France) Industrial Battery Sales, Revenue and Gross Margin (2018-2023)
10.4.4 SAFT (France) Industrial Battery Products Offered
10.4.5 SAFT (France) Recent Development
10.5 GS Yuasa (Japan)
10.5.1 GS Yuasa (Japan) Company Information
10.5.2 GS Yuasa (Japan) Introduction and Business Overview
10.5.3 GS Yuasa (Japan) Industrial Battery Sales, Revenue and Gross Margin (2018-2023)
10.5.4 GS Yuasa (Japan) Industrial Battery Products Offered
10.5.5 GS Yuasa (Japan) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Industrial Battery Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Industrial Battery Industrial Chain Analysis
11.4 Industrial Battery Market Dynamics
11.4.1 Industrial Battery Industry Trends
11.4.2 Industrial Battery Market Drivers
11.4.3 Industrial Battery Market Challenges
11.4.4 Industrial Battery Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Industrial Battery Distributors
12.3 Industrial Battery Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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