Industrial Batteries Market 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, 2020 – 2026

Published Date: 01-Dec-2020 Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-824 Status : Published

According to the report published by Zion Market Research, global demand for Industrial Batteries market was valued at approximately USD 18.03 Billion in 2019, and is expected to generate revenue of around USD 26.84 Billion by end of 2026, growing at a CAGR of around 5.9% between 2020 and 2026.

Description

According to the report published by Zion Market Research, global demand for Industrial Batteries market was valued at approximately USD 18.03 Billion in 2019, and is expected to generate revenue of around USD 26.84 Billion by end of 2026, growing at a CAGR of around 5.9% between 2020 and 2026.

Global Industrial Batteries Market: Overview

The industrial battery is any battery that is designed exclusively only for industrial uses. These batteries are used in electric vehicles to transporting, lifting, or moving materials to warehouses. The main function of industrial batteries is to supply energy to end-users. These batteries are used in industries for lifting heavy equipment such as trucks, forklifts, and others. Industrial batteries act as an energy source to massive data centers and ensure to run the internet continuously. They are heavier, large in size, and more powerful as compared to consumer batteries. Industrial batteries offer applications such as backup power, energy regulation, and operating power.

Global Industrial Batteries Market: Growth Factors

Consumer inclination towards green and clean energy and government support for strict regulations for environment conservation are major growth factors of the global industrial batteries market. In addition, recyclability of the batteries may also influence the global market in the coming years. Grid-connected solutions are increasingly adopted for uninterruptable power supply showing significant growth in future. Moreover, lithium-ion batteries are broadly used in the many applications, which are further anticipated to witness growth in the next few years. However, safety issues related to battery usage and huge initial capital investment required are major restraining factors of the global industrial batteries market growth.

Global Industrial Batteries Market: Segmentation

The global industrial batteries market is categorized based on end-user as an uninterruptible power supply or backup, telecom & data communication, industrial equipment, grid-level energy storage, and others. Of these, telecom & data communication is the leading segment in the global market. This segment is attributed to higher growth due to escalating demand for high-efficiency power backup. Based on types, the global industrial batteries market is segmented as nickel-based batteries, lead-acid batteries, lithium-based batteries, and others. Of these, the lead-acid battery is the largest segment across the globe and is projected to be the fastest-growing segment in the near future. They are globally accepted owing to low emission, increased life, and recyclability.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Industrial Batteries Market: Regional Analysis

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 increasing adoption of batteries in this region. However, emerging markets such as South Korea, China, and Japan are major markets for industrial batteries, which are expected to boost the global market growth. Rising government support for renewable energy devices and increasing demand for industrial batteries is anticipated to boost the global industrial batteries market in the near future in Asia Pacific region.

Global Industrial Batteries Market: Competitive Players

Some main participants of 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.

Industrial Batteries Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 : Preface
    • 1.1. Report Description
  • Chapter No. 2 : Research Methodulogy
    • 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
  • 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
  • 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
  • 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

Methodology


Frequently Asked Questions

Consumer inclination towards green and clean energy and government support for strict regulations for environment conservation are major growth factors of the global industrial batteries market.

According to Zion Market Research, global demand for Industrial Batteries market is expected to generate revenue of around USD 26.84 Billion by end of 2026, growing at a CAGR of around 5.9% between 2020 and 2026.

Asia-Pacific is expected to witness growth in the industrial batteries market in the near future due to increasing adoption of batteries in this region.

Some main participants of 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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