Global Industrial Batteries Market Size study, by Type (Lead-Acid, Nickel-Based, Lithium-Based, Others) By End-User Industry (Telecom & Data Communication, Uninterruptible Power Supply (UPS)/Backup, Grid-Level Energy Storage, Industrial Equipment, Others) and Regional Forecasts 2019-2026

  • Product Code:
    RP-ID-10163627
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    200
  • Category:
    Chemicals
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

..

..

The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Industrial Batteries Market is valued approximately USD 9 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 6.50 % over the forecast period 2019-2026. Industrial batteries are electrochemical devices that change high level active materials into an alternative state during expulsion or discharge. They are heavier, large in size, and more powerful as compared to consumer batteries. The global industrial batteries market is categorized based on end-user as an uninterruptible power supply or backup in end use industries. The growth of the market can be mainly attributed to the rising Demand for Grid-Connected Solutions for Uninterruptable Power Supply, High Requirement of Lithium-Ion Batteries in Various Applications and Government Incentives for Clean Energy Sources and Adoption of Electric Vehicles. These batteries are widely used in electric vehicles, growing sales of electric vehicles is contributing towards market growth. Lithium ion (Li-ion) batteries are considered to be the standard for modern battery electric vehicles. It has been estimated that global electric vehicles sales totaled about 312,000 in Q1 2018, an increase of 58% compared to Q1 2017, as per the Edison Electric Institute. Also, it is estimated that number of electric on the road in the United States, is about 8,90,000 in 2018, up from number of electric vehicles of approximately 6,00,000 in 2017. Furthermore, High Demand from Datacenters and Telecom Companies is expected to create significant growth opportunity in the market over the forecast period. However, safety related issues coupled with stringent government regulations on use of toxic chemicals is expected to hamper the growth of the market over the forecast period of 2019-2026.

The regional analysis of global Industrial Batteries market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing production of electric grid storage coupled with increasing expenditure on research activities. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as rapid urbanization, increasing disposable income, increasing industrial activities and demand for high capacity power backup would create lucrative growth prospects for the Industrial Batteries market across Asia-Pacific region.

Major market player included in this report are:
Johnson Controls Inc.
Exide Technologies Inc.
Enersys Inc.
Saft Groupe S.A.
GS Yuasa Corporation
Northstar Battery Company LLC
C&D Technologies, Inc.
Robert Bosch GmbH
East Penn Manufacturing Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Lead-Acid
Nickel-Based
Lithium-Based
Others
By End-User Industry:
Telecom & Data Communication
Uninterruptible Power Supply (UPS)/Backup
Grid-Level Energy Storage
Industrial Equipment
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Industrial Batteries Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

.

Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report
Johnson Controls Inc.
Exide Technologies Inc.
Enersys Inc.
Saft Groupe S.A.
GS Yuasa Corporation
Northstar Battery Company LLC
C&D Technologies, Inc.
Robert Bosch GmbH
East Penn Manufacturing Company
Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

Related Reports

-->