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Industrial Batteries Market by Battery Type (Lead-Acid, Lithium-Ion, Nickel Cadmium), End-Use (Motive, Stationary), Application - Global Forecast 2024-2030

Publisher 360iResearch
Published Jan 15, 2024
Length 190 Pages
SKU # IRE18444829

Description

Industrial Batteries Market by Battery Type (Lead-Acid, Lithium-Ion, Nickel Cadmium), End-Use (Motive, Stationary), Application - Global Forecast 2024-2030


The Industrial Batteries Market size was estimated at USD 51.19 billion in 2023 and expected to reach USD 55.99 billion in 2024, at a CAGR 9.84% to reach USD 98.78 billion by 2030.

Global Industrial Batteries Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Industrial Batteries Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Industrial Batteries Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Industrial Batteries Market, highlighting leading vendors and their innovative profiles. These include C&D Technologies, Inc., East Penn Manufacturing Co., Inc., Enersys, Inc., Exide Industries Limited, GS Yuasa Corporation, Leoch International Technology Limited Inc., LG Chem Ltd., Narada Asia Pacific Pte. Ltd., Northvolt AB, Ritar International Group, Samsung Sdi Co., Ltd., SK Innovation Co., Ltd., Sunlight Group, Surrette Battery Company Ltd., and Toshiba Corporation.

Market Segmentation & Coverage

This research report categorizes the Industrial Batteries Market to forecast the revenues and analyze trends in each of the following sub-markets:

Battery Type
Lead-Acid

Lithium-Ion

Nickel Cadmium

Nickel Metal Hydride

End-Use
Motive

Stationary

Application
Grid-Level Energy Storage

Industrial Equipment

Railways

Security

Telecom & Data Communication

Uninterruptible Power Supply & Backup

Utility

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Industrial Batteries Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Industrial Batteries Market?
3. What are the technology trends and regulatory frameworks in the Industrial Batteries Market?
4. What is the market share of the leading vendors in the Industrial Batteries Market?
5. Which modes and strategic moves are suitable for entering the Industrial Batteries Market?

Note: PDF & Excel + Online Access - 1 Year

Table of Contents

190 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Industrial Batteries Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Stringent government regulations implemented to control increasing pollution
5.1.1.2. Rising adoption of lithium-ion batteries in renewable energy sector
5.1.1.3. Increasing demand for grid energy storage systems owing to ongoing grid modernization
5.1.2. Restraints
5.1.2.1. Availability of low-cost substitutes
5.1.3. Opportunities
5.1.3.1. Rapidly increasing adoption of cooling technology from data centers
5.1.3.2. Rising adoption for UPS, forklifts, and grid-level energy storage system applications
5.1.4. Challenges
5.1.4.1. Industrial batteries have a limited lifespan and are prone to overheating
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Industrial Batteries Market, by Battery Type
6.1. Introduction
6.2. Lead-Acid
6.3. Lithium-Ion
6.4. Nickel Cadmium
6.5. Nickel Metal Hydride
7. Industrial Batteries Market, by End-Use
7.1. Introduction
7.2. Motive
7.3. Stationary
8. Industrial Batteries Market, by Application
8.1. Introduction
8.2. Grid-Level Energy Storage
8.3. Industrial Equipment
8.4. Railways
8.5. Security
8.6. Telecom & Data Communication
8.7. Uninterruptible Power Supply & Backup
8.8. Utility
9. Americas Industrial Batteries Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Industrial Batteries Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.
10. South Korea
10.
11. Taiwan
10.
12. Thailand
10.
13. Vietnam
11. Europe, Middle East & Africa Industrial Batteries Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.
10. Nigeria
11.
11. Norway
11.
12. Poland
11.
13. Qatar
11.
14. Russia
11.
15. Saudi Arabia
11.
16. South Africa
11.
17. Spain
11.
18. Sweden
11.
19. Switzerland
11.
20. Turkey
11.
21. United Arab Emirates
11.
22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. C&D Technologies, Inc.
13.1.2. East Penn Manufacturing Co., Inc.
13.1.3. Enersys, Inc.
13.1.4. Exide Industries Limited
13.1.5. GS Yuasa Corporation
13.1.6. Leoch International Technology Limited Inc.
13.1.7. LG Chem Ltd.
13.1.8. Narada Asia Pacific Pte. Ltd.
13.1.9. Northvolt AB
13.1.
10. Ritar International Group
13.1.
11. Samsung Sdi Co., Ltd.
13.1.
12. SK Innovation Co., Ltd.
13.1.
13. Sunlight Group
13.1.
14. Surrette Battery Company Ltd.
13.1.
15. Toshiba Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. INDUSTRIAL BATTERIES MARKET RESEARCH PROCESS
FIGURE 2. INDUSTRIAL BATTERIES MARKET SIZE, 2023 VS 2030
FIGURE 3. INDUSTRIAL BATTERIES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. INDUSTRIAL BATTERIES MARKET DYNAMICS
FIGURE 7. INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2023 VS 2030 (%)
FIGURE 8. INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 10. INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. INDUSTRIAL BATTERIES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. INDUSTRIAL BATTERIES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS INDUSTRIAL BATTERIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS INDUSTRIAL BATTERIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES INDUSTRIAL BATTERIES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES INDUSTRIAL BATTERIES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC INDUSTRIAL BATTERIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC INDUSTRIAL BATTERIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL BATTERIES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL BATTERIES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. INDUSTRIAL BATTERIES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. INDUSTRIAL BATTERIES MARKET SHARE, BY KEY PLAYER, 2023

Pricing

Currency Rates
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