1. Market Research
  2. > Electronics
  3. > Industrial Electronics Market Trends
Industrial Batteries Market by Type and Application : Global Opportunity Analysis and Industry Forecast, 2021–2030

Industrial Batteries Market by Type and Application : Global Opportunity Analysis and Industry Forecast, 2021–2030

  • June 2021
  • 326 pages
  • ID: 6126688
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Industrial Batteries Market by Type (Lithium-Ion Battery (Lithium Cobalt Oxide, Lithium Magnesium Oxide, Lithium Titanite, and Others), Nickel-based, and Lead-based) and Application (Telecom & Data Communication, Uninterruptible Power Supply (UPS), Energy, Equipment, Grid Storage, and Others (Railways, Utility, and Security)): Global Opportunity Analysis and Industry Forecast, 2021–2030

The global industrial batteries market was valued at $9.0 billion in 2020, and is projected to reach $30.8 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030.
The demand for industrial batteries has been witnessed to increase sharply, due to surge in demand of products where different batteries are used such as grid storage, uninterrupted power systems (UPS), and telecommunication sector. Industrial batteries are mostly used in remote areas where power supply is not regular. The key components of most of the batteries include cathode, anode, and electrolyte where as 30% of the battery cost comes from the cathode raw materials. Most of the industrial batteries such as lithium-ion, lead-based, and nickel-based are rechargeable and are commonly used as a backup power source in various industrial applications such as renewable energy farms, data centers, telecommunication center, fork lifts, and grid storage.
Increase in demand for industrial batteries in various national projects where they are used as backup power source or energy storage device such as data centers, telecommunication center, and renewable energy storage farms notably contributes toward the global market growth. The depletion of various natural resources, increase in carbon emissions, and rise in price of the fossil fuels act as the key driving forces of the market.
National plans of various countries toward renewable energy have shown rapid trend of growth after the outbreak of pandemic. Increase in awareness among the elite and common people regarding the harmful effect of carbon emission has led to increase in the demand for eco-friendly products. thus, rapid upgrade of various technologies in the battery sector to provide highly efficient and long cycle life have boosted the growth of industrial batteries all over the world. Furthermore, the Indian Government has listed various plans to upgrade infrastructure in transportation, smart cities, and energy vehicles. The government further launched various new schemes to develop rural areas where power grids are not available by providing Solar Home System (SHS) Scheme. All these factors collectively are anticipated to provide remunerative opportunities to the industrial battery market during the forecast period.
Lithium-ion battery is one of the industrial batteries, which produces less pollution; however, the demand for this battery is low in industrial scale, due to high battery cost compared to other batteries. In addition, the materials required for the production are only available in few countries such as China and DRC, which might create the supply risk shortage due to trade restrictions and other natural disasters.
The global industrial batteries market is segmented into type, application, and region.
On the basis of type, the global industrial batteries market is categorized into lithium-ion battery (lithium cobalt oxide, lithium magnesium oxide, lithium titanite, and others), nickel-based, and lead-based. The applications of industrial batteries include telecom and data communication, uninterruptible power supply (UPS), energy, equipment, grid storage, and others (railways, utility, and security).
Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, Asia-Pacific accounts for the largest share of the market, followed by North America and Europe.
The major companies profiled in this report include Johnson Controls, Inc., Exide Technologies, Inc., Enersys, Inc., Saft Groupe S.A., GS Yuasa Corp., Northstar Battery Company LLC, C&D Technologies, Inc., Robert Bosch GmbH, East Penn Manufacturing Co., and LG Chem.

KEY MARKET SEGMENTS
• By Type
• Lithium-Ion Battery
o Lithium Cobalt Oxide
o Lithium Magnesium Oxide
o Lithium Titanite
o Others
• Nickel-based
• Lead-based
• By Application
• Telecom & Data Communication
• Uninterruptible Power Supply (UPS)
• Energy
• Equipment
• Grid Storage
• Others (Railways, Utility, and Security)
• By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o Spain
o UK
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Key players in the global industrial batteries market are:
1. Johnson Controls, Inc.
2. Exide Technologies, Inc.
3. Enersys, Inc.
4. Saft Groupe S.A.
5. GS Yuasa Corp.
6. Northstar Battery Company LLC
7. C&D Technologies, Inc.
8. Robert Bosch GmbH
9. East Penn Manufacturing Co.
10. LG Chem.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Voltage Regulators Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • $ 2299
  • September 2021
  • 143 pages

The global voltage regulators market exhibited moderate growth during 2015-2020. Looking forward, the analyst expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties ...

  • World
  • Electric Generator
  • Consumer Electronics
  • Industry analysis

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on