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| A11837 | Pages: 326 | Jun 2021 | 616 Views | | |
| Author(s) : Prakhar Jain , Eswara Prasad | Tables: 217 | Charts: 63 |
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Pandemic disrupted the entire world and affected many industries.
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Request Now !As per the industrial batteries market analysis, the global industrial batteries market was valued at $9.0 billion in 2020, and industrial batteries market forecast is projected to reach $30.8 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030. Since 2018, the annual deployed capacity of industrial batteries has increased with 200%. From traditional batteries having been used majorly in one consumer electronics during the 90s and early 2000, industrial batteries are now powering several end-use applications such as grid storage and uninterrupted power systems. Industrial batteries are used in remote, difficult-to-reach areas where equipment/devices are required to be self-powered, and recharging & replacement of batteries is difficult or is not possible. The basic components equipped in these batteries majorly include cathode, anode, and electrolyte, out of which the cathode occupies around 30% of the overall battery cost. Industrial batteries are rechargeable, which are commonly used as a power source in various data centers, grid storage, and telecommunication centers. Lithium-ion battery, nickel-based, and lead-based industrial batteries are the most common types used in industrial applications.
The industrial batteries market has been negatively impacted due to the wake of the COVID-19 pandemic, owing to unavailability of labor, raw material shortage and decreasing consumption trends. For instance, covid-19 pandemic has pushed leading battery manufacturer Exide to sell its North America manufacturing operations for its survival.
Ongoing advancements in industrial batteries industry, increase in annual deployed capacities for industrial batteries, stringent government regulations implemented to control increasing pollution are some of the major drivers currently driving the global industrial batteries market trend. In addition, industrial batteries are increasingly being used in applications such as backup power for telecom base stations and data centers or to power fork lifts, which significantly contributes toward the industrial batteries market growth. As per the research conducted by the Statistical Review of World Energy in 2020, the global annual renewable energy (including biofuels) posted a record increase in consumption in energy terms (3.2 EJ). This was the largest increment for any source of energy in 2019. Furthermore, industrial batteries do not emit hazardous acids such as sulfuric acid, which promotes environmental sustainability, thereby contributing toward the growth of the global market.
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Moreover, depletion of natural resources, increase in carbon emissions, and continuous efforts taken by both public & private sectors to reduce carbon emissions and save fuel consumption contribute toward the market growth. Implementation of government regulations related to carbon emission is anticipated to increase the use of lithium-ion battery thereby expected to fuel the industrial batteries market shares globally.
Manufacturers develop improved solutions and various equipment for specific requirement along with improved technology and fuel efficiency to reduce operation cost and enhance productivity of industrial batteries. These requirements have increased the demand for industries batteries in equipment manufacturing applications. To introduce new battery technologies, majority of industrial batteries manufacturers are collaborating with battery raw material suppliers to strengthen the supply of battery raw materials as the global industrial batteries market is depicted to increase at a fast pace creating abundant opportunities during the forecast period.
However, high price of lithium-ion batteries is likely to hamper the growth of industrial batteries market during the forecast period. According to PowerTech Systems, engaged in manufacturing, distributing, exporting, and importing of an exhaustive range of Frequency Inverters, AC Drives, and VFD, the cost of lithium-ion battery is 805.3 USD/KWh, whereas the cost of lead-acid battery is 172.6 USD/KWh. This has declined the adoption rate of these batteries across different applications, thereby limiting the global industrial batteries market size. Owing to regional concentration of industrial battery raw materials, metals reserves in countries such as China and DRC create the risk of supply shortages in case of any export restrictions.
The global industrial batteries market is segmented into type, application, and region.
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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 & 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.
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.
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Asia-Pacific accounted for the largest share of the market in 2020, owing to rapid industrialization in China and India coupled with presence of manufacturing facilities.
In terms of type, the lithium-ion battery segment accounted for the largest market share in 2020, and is projected to grow at a CAGR of 13.0% from 2021 to 2030, owing to increase in demand for lithium-ion batteries among different industry verticals.
By application, the telecom & data communication segment garnered the highest revenue share in 2020, and is expected to register a CAGR of 11.7%. Presently, increasing demand for reliable and dependable power solutions to support large scale manufacturing facilities to ensure data safety and security is expected to fuel the growth of telecom & data communication segment.
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Impact Of Covid-19 On The Global Industrial Batteries Market
Key Market Segments
By Type
By Application
By Region
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.5.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1.Increase in annual deployed capacities for industrial batteries across the globe
3.4.1.2.Stringent government regulations implemented to control increasing pollution
3.4.2.Restraint
3.4.2.1.High price of lithium-ion batteries to hamper the market growth
3.4.3.Opportunities
3.4.3.1.Rapidly increasing demand from data centres to create increased growth opportunities
3.5.Pricing analysis
3.6.Cost components of a Lithium-Ion Battery
3.7.Value chain analysis
3.8.Impact of key regulations on the global industrial batteries market
3.9.Impact of COVID-19 on the global industrial batteries market
3.10.Parent Market Overview
3.10.1.Global Battery Market Overview
CHAPTER 4:INDUSTRIAL BATTERIES MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Lithium-ion battery
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.2.1.Lithium-ion battery, by type
4.2.2.1.1.Lithium Cobalt Oxide
4.2.2.1.2.Lithium Magnesium Oxide
4.2.2.1.3.Lithium Titanite
4.2.2.1.4.Others
4.2.2.2.Market Size and Forecast by lithium-ion battery type
4.2.3.Comparative Share Analysis by Country
4.3.Nickel-based
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Comparative Share Analysis by Country
4.4.Lead-based
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Comparative Share Analysis by Country
CHAPTER 5:INDUSTRIAL BATTERIES MARKET, BY APPLICATION
5.1.Overview
5.1.1.Market size and forecast
5.2.Telecom and Data Communication
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Comparative Share Analysis by Country
5.3.Uninterruptible Power Supply (UPS)
5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Comparative Share Analysis by Country
5.4.Energy
5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Comparative Share Analysis by Country
5.5.Equipments
5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Comparative Share Analysis by Country
5.6.Grid Storage
5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Comparative Share Analysis by Country
5.7.Others (Railways, Utility, Security etc.)
5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Comparative Share Analysis by Country
CHAPTER 6:GLOBAL INDUSTRIAL BATTERIES MARKET, BY REGION
6.1.Overview
6.1.1.Market size and forecast, by Region
6.2.North America
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by type
6.2.3.Market size and forecast, by Application
6.2.4.Market analysis, by country
6.2.5.U.S.
6.2.5.1.Market size and forecast, by type
6.2.5.2.Market size and forecast, by Application
6.2.6.Canada
6.2.6.1.Market size and forecast, by type
6.2.6.2.Market size and forecast, by Application
6.2.7.Mexico
6.2.7.1.Market size and forecast, by type
6.2.7.2.Market size and forecast, by Application
6.3.Europe
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by type
6.3.3.Market size and forecast, by Application
6.3.4.Market analysis, by country
6.3.5.Germany
6.3.5.1.Market size and forecast, by type
6.3.5.2.Market size and forecast, by Application
6.3.6.France
6.3.6.1.Market size and forecast, by type
6.3.6.2.Market size and forecast, by Application
6.3.7.Italy
6.3.7.1.Market size and forecast, by type
6.3.7.2.Market size and forecast, by Application
6.3.8.Spain
6.3.8.1.Market size and forecast, by type
6.3.8.2.Market size and forecast, by Application
6.3.9.UK
6.3.9.1.Market size and forecast, by type
6.3.9.2.Market size and forecast, by Application
6.3.10.Rest of Europe
6.3.10.1.Market size and forecast, by type
6.3.10.2.Market size and forecast, by Application
6.4.Asia-Pacific
6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by type
6.4.3.Market size and forecast, by Application
6.4.4.Market analysis, by country
6.4.5.China
6.4.5.1.Market size and forecast, by type
6.4.5.2.Market size and forecast, by Application
6.4.6.Japan
6.4.6.1.Market size and forecast, by type
6.4.6.2.Market size and forecast, by Application
6.4.7.India
6.4.7.1.Market size and forecast, by type
6.4.7.2.Market size and forecast, by Application
6.4.8.South Korea
6.4.8.1.Market size and forecast, by type
6.4.8.2.Market size and forecast, by Application
6.4.9.Rest of Asia Pacific
6.4.9.1.Market size and forecast, by type
6.4.9.2.Market size and forecast, by Application
6.5.LAMEA
6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by type
6.5.3.Market size and forecast, by Application
6.5.4.Market analysis, by country
6.5.5.Brazil
6.5.5.1.Market size and forecast, by type
6.5.5.2.Market size and forecast, by Application
6.5.6.Saudi Arabia
6.5.6.1.Market size and forecast, by type
6.5.6.2.Market size and forecast, by Application
6.5.7.South Africa
6.5.7.1.Market size and forecast, by type
6.5.7.2.Market size and forecast, by Application
6.5.8.Rest of LAMEA
6.5.8.1.Market size and forecast, by type
6.5.8.2.Market size and forecast, by Application
CHAPTER 7:COMPETITIVE LANDSCAPE
7.1.Introduction
7.1.1.Market player positioning, 2020
7.2.Top winning strategies
7.2.1.Top winning strategies, by year
7.2.2.Top winning strategies, by development
7.2.3.Top winning strategies, by company
7.3.Product mapping of top 10 player
7.4.Competitive dashboard
7.5.Competitive heatmap
7.6.Key developments
7.6.1.Business Expansions
7.6.2.Other developments
CHAPTER 8:COMPANY PROFILES
8.1.Enersys, Inc.
8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments
8.2.Exide Technologies, Inc.
8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.2.4.Business performance
8.2.5.Key strategic moves and developments
8.3.GS Yuasa Corp.
8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.3.6.Key strategic moves and developments
8.4.Johnson Controls, Inc.
8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.4.6.Key strategic moves and developments
8.5.Saft Groupe S.A.
8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments
8.6.ROBERT BOSCH gmbh.
8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance
8.6.6.Key strategic moves and developments
8.7.C&D Technologies, Inc.
8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Key strategic moves and developments
8.8.East Penn Manufacturing Company, Inc.
8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Key strategic moves and developments
8.9.LG Chem
8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments
8.10.Toshiba Corporation
8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.Business performance
8.10.6.Key strategic moves and developments
LIST OF TABLES
TABLE 01.PRICING ANALYSIS, BY TYPE, 2020–2030 ($/KWH)
TABLE 02.PRICING ANALYSIS, BY REGION, 2020–2030 ($/KWH)
TABLE 03.GLOBAL INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020–2030 (MWH)
TABLE 04.GLOBAL INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 05.INDUSTRIAL BATTERIES MARKET FOR LITHIUM-ION BATTERY, BY REGION, 2020–2030 (MWH)
TABLE 06.INDUSTRIAL BATTERIES MARKET FOR LITHIUM-ION BATTERY, BY REGION, 2020–2030 ($MILLION)
TABLE 07.GLOBAL INDUSTRIAL BATTERIES MARKET BY LITHIUM-ION BATTERY TYPE, 2020–2030 (MWH)
TABLE 08.GLOBAL INDUSTRIAL BATTERIES MARKET BY LITHIUM-ION BATTERY TYPES, 2020–2030 ($MILLION)
TABLE 09.INDUSTRIAL BATTERIES MARKET FOR NICKEL BASED, BY REGION, 2020–2030 (MWH)
TABLE 10.INDUSTRIAL BATTERIES MARKET FOR NICKEL BASED, BY REGION, 2020–2030 ($MILLION)
TABLE 11.INDUSTRIAL BATTERIES MARKET FOR LEAD BASED, BY REGION, 2020–2030 (MWH)
TABLE 12.INDUSTRIAL BATTERIES MARKET FOR LEAD BASED, BY REGION, 2020–2030 ($MILLION)
TABLE 13.GLOBAL INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020–2030 (MWH)
TABLE 14.GLOBAL INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 15.INDUSTRIAL BATTERIES MARKET FOR TELECOM AND DATA COMMUNICATION, BY REGION, 2020–2030 (MWH)
TABLE 16.INDUSTRIAL BATTERIES MARKET FOR TELECOM AND DATA COMMUNICATION, BY REGION, 2020–2030 ($MILLION)
TABLE 17.INDUSTRIAL BATTERIES MARKET FOR UNINTERRUPTIBLE POWER SUPPLY (UPS), BY REGION, 2020–2030 (MWH)
TABLE 18.INDUSTRIAL BATTERIES MARKET FOR UNINTERRUPTIBLE POWER SUPPLY (UPS), BY REGION, 2020–2030 ($MILLION)
TABLE 19.INDUSTRIAL BATTERIES MARKET FOR ENERGY, BY REGION, 2020–2030 (MWH)
TABLE 20.INDUSTRIAL BATTERIES MARKET FOR ENERGY, BY REGION, 2020–2030 ($MILLION)
TABLE 21.INDUSTRIAL BATTERIES MARKET FOR EQUIPMENTS, BY REGION, 2020–2030 (MWH)
TABLE 22.INDUSTRIAL BATTERIES MARKET FOR EQUIPMENTS, BY REGION, 2020–2030 ($MILLION)
TABLE 23.INDUSTRIAL BATTERIES MARKET FOR GRID STORAGE, BY REGION, 2020–2030 (MWH)
TABLE 24.INDUSTRIAL BATTERIES MARKET FOR GRID STORAGE, BY REGION, 2020–2030 ($MILLION)
TABLE 25.INDUSTRIAL BATTERIES MARKET FOR OTHERS (RAILWAYS, UTILITY, SECURITY ETC.), BY REGION, 2020–2030 (MWH)
TABLE 26.INDUSTRIAL BATTERIES MARKET FOR OTHERS (RAILWAYS, UTILITY, SECURITY ETC.), BY REGION, 2020–2030 ($MILLION)
TABLE 27.GLOBAL INDUSTRIAL BATTERIES MARKET, BY REGION, 2020-2030 (MWH)
TABLE 28.GLOBAL INDUSTRIAL BATTERIES MARKET, BY REGION, 2020-2030 ($MILLION)
TABLE 29.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 30.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 31.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 32.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 33.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 34.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 35.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 (MWH)
TABLE 36.NORTH AMERICA INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 37.U.S. INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 38.U.S. INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 39.U.S. INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 40.U.S. INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 41.U.S. INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 42.U.S. INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 43.CANADA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 44.CANADA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 45.CANADA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 46.CANADA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 47.CANADA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 48.CANADA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 49.MEXICO INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 50.MEXICO INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 51.MEXICO INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 52.MEXICO INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 53.MEXICO INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 54.MEXICO INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 55.EUROPE INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 56.EUROPE INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 57.EUROPE INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 58.EUROPE INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 59.EUROPE INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 60.EUROPE INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 61.EUROPE INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 (MWH)
TABLE 62.EUROPE INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 63.GERMANY INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 64.GERMANY INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 65.GERMANY INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 66.GERMANY INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 67.GERMANY INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 68.GERMANY INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 69.FRANCE INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 70.FRANCE INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 71.FRANCE INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 72.FRANCE INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 73.FRANCE INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 74.FRANCE INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 75.ITALY INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 76.ITALY INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 77.ITALY INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 78.ITALY INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 79.ITALY INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 80.ITALY INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 81.SPAIN INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 82.SPAIN INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 83.SPAIN INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 84.SPAIN INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 85.SPAIN INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 86.SPAIN INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 87.UK INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 88.UK INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 89.UK INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 90.UK INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 91.UK INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 92.UK INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 93.REST OF EUROPE INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 94.REST OF EUROPE INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 95.REST OF EUROPE INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 96.REST OF EUROPE INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 97.REST OF EUROPE INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 98.REST OF EUROPE INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 99.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 100.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 101.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 102.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 103.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 104.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 105.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 (MWH)
TABLE 106.ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 107.CHINA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 108.CHINA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 109.CHINA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 110.CHINA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 111.CHINA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 112.CHINA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 113.JAPAN INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 114.JAPAN INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 115.JAPAN INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 116.JAPAN INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 117.JAPAN INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 118.JAPAN INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 119.INDIA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 120.INDIA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 121.INDIA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 122.INDIA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 123.INDIA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 124.INDIA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 125.SOUTH KOREA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 126.SOUTH KOREA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 127.SOUTH KOREA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 128.SOUTH KOREA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 129.SOUTH KOREA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 130.SOUTH KOREA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 131.REST OF ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 132.REST OF ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 133.REST OF ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 134.REST OF ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 135.REST OF ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 136.REST OF ASIA PACIFIC INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 137.LAMEA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 138.LAMEA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 139.LAMEA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 140.LAMEA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 141.LAMEA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 142.LAMEA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 143.LAMEA INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 (MWH)
TABLE 144.LAMEA INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2020-2030 ($MILLION)
TABLE 145.BRAZIL INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 146.BRAZIL INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 147.BRAZIL INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 148.BRAZIL INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 149.BRAZIL INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 150.BRAZIL INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 151.SAUDI ARABIA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 152.SAUDI ARABIA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 153.SAUDI ARABIA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 154.SAUDI ARABIA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 155.SAUDI ARABIA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 156.SAUDI ARABIA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 157.SOUTH AFRICA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 158.SOUTH AFRICA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 159.SOUTH AFRICA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 160.SOUTH AFRICA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 161.SOUTH AFRICA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 162.SOUTH AFRICA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 163.REST OF LAMEA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 (MWH)
TABLE 164.REST OF LAMEA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 (MWH)
TABLE 165.REST OF LAMEA INDUSTRIAL BATTERIES MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 166.REST OF LAMEA INDUSTRIAL BATTERIES MARKET, BY LITHIUM-ION BATTERY, 2020-2030 ($ MILLION)
TABLE 167.REST OF LAMEA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 (MWH)
TABLE 168.REST OF LAMEA INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020-2030 ($MILLION)
TABLE 169.KEY NEW PRODUCT LAUNCHES (2017-2021)
TABLE 170.OTHER KEY DEVELOPMENTS (2017-2021)
TABLE 171.ENERSYS, INC.: COMPANY SNAPSHOT
TABLE 172.ENERSYS, INC.: OPERATING SEGMENTS
TABLE 173.ENERSYS, INC.: PRODUCT PORTFOLIO
TABLE 174.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 175.ENERSYS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 176.EXIDE TECHNOLOGIES.: COMPANY SNAPSHOT
TABLE 177.EXIDE TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 178.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 179.EXIDE TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 180.GS YUASA CORPORATION: COMPANY SNAPSHOT
TABLE 181.GS YUASA CORPORATION: OPERATING SEGMENTS
TABLE 182.GS YUASA CORPORATION: PRODUCT PORTFOLIO
TABLE 183.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 184.GS YUASA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 185.JOHNSON CONTROLS, INC: COMPANY SNAPSHOT
TABLE 186.JOHNSON CONTROLS, INC.: OPERATING SEGMENTS
TABLE 187.JOHNSON CONTROLS, INC.: PRODUCT PORTFOLIO
TABLE 188.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 189.JOHNSON CONTROLS, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 190.SAFT GROUPE S.A.: COMPANY SNAPSHOT
TABLE 191.SAFT GROUPE S.A.: OPERATING SEGMENTS
TABLE 192.SAFT GROUPE S.A.: PRODUCT PORTFOLIO
TABLE 193.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 194.SAFT GROUPE S.A.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 195.BOSCH: COMPANY SNAPSHOT
TABLE 196.BOSCH: OPERATING SEGMENTS
TABLE 197.BOSCH: PRODUCT PORTFOLIO
TABLE 198.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 199.BOSCH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 200.C&D TECNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 201.C&D TECHNOLOGIES, INC..: OPERATING SEGMENTS
TABLE 202.C&D TECHNOLOGIES, INC: PRODUCT PORTFOLIO
TABLE 203.C&D TECHNOLOGIES, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 204.EAST PENN MANUFACTURING COMPANY, INC.: COMPANY SNAPSHOT
TABLE 205.EAST PENN MANUFACTURING CO.: OPERATING SEGMENTS
TABLE 206.EAST PENN MANUFACTURING CO..: PRODUCT PORTFOLIO
TABLE 207.EAST PENN MANUFACTURING CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 208.LG CHEM: COMPANY SNAPSHOT
TABLE 209.LG CHEM: OPERATING SEGMENTS
TABLE 210.LG CHEM: PRODUCT PORTFOLIO
TABLE 211.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 212.LG CHEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 213.TOSHIBA CORPORATION.: COMPANY SNAPSHOT
TABLE 214.TOSHIBA CORPORATION.: OPERATING SEGMENTS
TABLE 215.TOSHIBA CORPORATION.: PRODUCT PORTFOLIO
TABLE 216.OVERALL FINANCIAL STATUS ($MILLION)
TABLE 217.TOSHIBA CORPORATION.: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 01.GLOBAL INDUSTRIAL BATTERIES MARKET SNAPSHOT
FIGURE 02.GLOBAL INDUSTRIAL BATTERIES MARKET SNAPSHOT
FIGURE 03.GLOBAL INDUSTRIAL BATTERIES MARKET SEGMENTATION
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 06.BARGAINING POWER OF BUYERS
FIGURE 07.THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE COMPETITIVE RIVALRY
FIGURE 10.GLOBAL INDUSTRIAL BATTERIES MARKET DYNAMICS
FIGURE 11.VALUE CHAIN ANALYSIS
FIGURE 12.GLOBAL BATTERY MARKET, 2020-2030 (US$ BN)
FIGURE 13.GLOBAL INDUSTRIAL BATTERIES MARKET, BY TYPE, 2021–2030 ($MILILION)
FIGURE 14.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR LITHIUM-ION BATTERY, BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 15.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR NICKEL-BASED, BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 16.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR LEAD-BASED, BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 17.GLOBAL INDUSTRIAL BATTERIES MARKET, BY APPLICATION, 2020–2030 ($MILILION)
FIGURE 18.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR TELECOM AND DATA COMMUNICATION, BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 19.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR UNINTERRUPTIBLE POWER SUPPLY (UPS), BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 20.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR ENERGY, BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 21.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR EQUIPMENTS, BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 22.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR GRID STORAGE, BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 23.COMPARATIVE ANALYSIS OF INDUSTRIAL BATTERIES MARKET FOR OTHERS (RAILWAYS, UTILITY, SECURITY ETC.), BY COUNTRY, 2021 & 2030 ($MILLION)
FIGURE 24.U.S. INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 25.CANADA INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 26.MEXICO INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 27.GERMANY INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 28.FRANCE INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 29.ITALY INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 30.SPAIN INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 31.UK INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 32.REST OF EUROPE INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 33.CHINA INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 34.JAPAN INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 35.INDIA INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 36.SOUTH KOREA INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 37.REST OF ASIA PACIFIC INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 38.BRAZIL INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 39.SAUDI ARABIA INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 40.SOUTH AFRICA INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 41.REST OF LAMEA INDUSTRIAL BATTERIES MARKET REVENUE, 2020–2030 ($MILLION)
FIGURE 42.MARKET PLAYER POSITIONING, 2020
FIGURE 43.TOP WINNING STRATEGIES, BY YEAR, 2017–2021
FIGURE 44.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2021 (%)
FIGURE 45.TOP WINNING STRATEGIES, BY COMPANY, 2017–2021
FIGURE 46.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 47.COMPETITIVE DASHBOARD
FIGURE 48.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 49.ENERSYS, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 50.ENERSYS, INC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 51.EXIDE TECHNOLOGIES: NET SALES, 2018–2020 ($MILLION)
FIGURE 52.GS YUASA CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 53.GS YUASA CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 54.JOHNSON CONTROLS, INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 55.SAFT GROUPE S.A.: NET SALES, 2018–2020 ($MILLION)
FIGURE 56.BOSCH: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.BOSCH: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 58.BOSCH: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 59.LG CHEM: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.LG CHEM: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 61.LG CHEM: REVENUE SHARE, BY GEOGRAPHY, 2020 (%)
FIGURE 62.TOSHIBA CORPORATION NET SALES, 2018–2020 ($MILLION)
FIGURE 63.TOSHIBA CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
The global industrial batteries market benefits from the growing demand of lithium-ion battery.
Various benefits associated with lithium-ion batteries are expected to increase their adoption during the forecast period. In addition, increase in demand for reliable and dependable power solutions to support large-scale manufacturing facilities to ensure data safety and security is expected to fuel the demand of uninterruptible power supply system, which, in turn, drives the growth of industrial batteries market. However, high price of lithium-ion batteries as compared to traditional batteries is likely to hamper the growth of the market
The COVID-19 pandemic has affected the global industrial batteries market for a short span, due to slight disruption in supply of raw materials during the pandemic.
Moreover, companies such as SYSTEMS SUNLIGHT S.A. is investing heavily over research and development of lithium technologies to support the growth of industrial batteries market throughout the forecast period. In addition, in October 2020, Sanitized AG and Ferro Plast entered into a strategic partnership to improve the sales of Sanitized industrial batteries in Italy. This strategy is set up to support development, production, marketing, and regulatory queries in Italy.
A. Asia Pacific significantly China and India will provide more business opportunities for Industrial Batteries Market in coming years.
A. Nickel-based battery segment accounted for largest industrial batteries market share.
A. To get latest version of industrial batteries market report can be obtained on demand from the website.
A. Stringent government regulations implemented to control increasing pollution as lithium-ion batteries do not emit hazardous acids such as sulfuric acid, rising need for eco-friendly energy storage solutions, rapidly increasing demand from data centres are key factors driving the growth of industrial batteries market growth
A. Rise in digitization and cloud computing among organizations have necessitated the construction of data centre facilities across the globe, rapidly increasing construction of data centres is expected to create high end opportunities over the demand of industrial batteries throughout the forecast period.
A. The top ten market players are selected based on two key attributes - competitive strength and market positioning
A. The key strategies traced from the analysis of recent developments of the key players are as follows: Partnership: This strategy is adopted when two or more companies agree to cooperate with each other to advance their mutual interests. Product launch: This strategy is adopted to introduce new and unique products in the market.
A. 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
A. Telecom and data communication centres, large-scale industries needing heavy power storage and supply, automotive manufacturers.
A. The expected market value of Industrial Batteries by 2027 is US$ 21.15 billion
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