Survey: Impact Of COVID-19 On Industrial Batteries Market with Top Key Players Johnson Controls, Panasonic, Robert Bosch, BYD, GE, Exide Technologies, LG Chem

This global industrial batteries market research report is organized by collecting market research data from different corners of the globe with an experienced team of language resources. Keeping in mind the customer requirement, this finest market research report is constructed with the professional and in-depth study of the chemical and materials industry. As market research reports are gaining immense importance in this swiftly transforming market place, Industrial batteries market report has been created in a way that you anticipate. It all-inclusively estimates general market conditions, the growth prospects in the market, possible restrictions, significant industry trends, market size, market share, sales volume, and future trends.

Industrial batteries market will reach an estimated valuation of USD 15.94 Billion by 2027, while registering this growth at a rate of 6.60% for the forecast period of 2020 to 2027.

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Increasing applications of lithium ion batteries, rising initiatives by the government for the adoption of clean energy resources, rising demand of electric vehicle and introduction of grid connected solutions that will provide continuous power supply are some of the factors that will enhance the growth of the industrial batteries market in the forecast period of 2020-2027. On the other hand, rising growth of data centres and telecom industry will further create new growth opportunities for the industrial batteries market in the above mentioned forecast period.

Asia-Pacific was the largest market for industrial batteries, the market in the region is expected to be the fastest-growing during the forecast period. China, Japan, and South Korea are the major markets for industrial batteries in Asia-Pacific. The increasing demand for industrial batteries and government support for the use renewable energy devices in several countries is expected to act as a key driver for the growth of industrial battery market in Asia-Pacific.

Competitive Landscape: Industrial Batteries Market

Johnson Controls,
Panasonic,
Robert Bosch,
BYD,
GE,
Exide Technologies,
LG Chem,
ENERSYS.,
Samsung SDI,
Saft,
C&D Technologies,
Lithium Air Industries,
Ultralife Corporation,
CenturyYuasa,
East Penn Manufacturing Co.,
Toshiba International Corporation,
Southern Batteries,
Truepower Systems LLP
GS Yuasa International Ltd,
NorthStar

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Target Audience

- Industrial Batteries Producers
- Industrial Batteries Traders, Suppliers, and Distributors
- Government and Research Organizations
- Association and Industrial Bodies
- Raw Material Suppliers and Distributors
- Shipping Companies
- Industry Associations

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Key Segmentation

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

Industrial Batteries Market division by regions:

North America

US
Canada
Mexico

Europe

France
Germany
Italy
Spain
UK
Rest of Europe

Asia Pacific

China
Japan
India
Australia
New Zealand
Rest of Asia Pacific

Middle East

Saudi Arabia
UAE
Rest of Middle East

Latin America

Argentina
Brazil
Rest of Latin America

Rest of the World

South Africa
Others

Despite growing community concern regarding the negative impact of waste lithium-ion batteries on the environment and public health, there is lack of appropriate policies and collection systems for used batteries in China. However, the importance of the raw materials, such as cobalt and nickel used in battery manufacturing, is creating awareness among the manufacturers and the government to regulate industrial battery properly.

The study includes profiles of key players in the global industrial battery market including EnerSys, Exide Technologies, SAFT, and GS Yuasa. In addition to industry challenges, drivers and restraints, this study also highlights certain upcoming technology trends. I Further to market growth and trend analysis, the study also identifies and evaluates growth opportunities in this market and how companies can capitalize on these emerging opportunities.

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