Industrial Battery Chargers Market Comprehensive Shares, Historical Trends And Forecast By 2028

The digital revolution has grown on transformations in battery technology employed in industrial operations, as smart solutions gain traction succoured by IoT proliferation. Growing focus on establishments of new power grids is another significant influencer of industrial battery product installations, in turn propelling adoption of relevant charging technologies.

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Investments from the government and private organizations on renewable energy projects, particularly for solar panel based, in a bid to achieve the aim of becoming a sustainable economy, have rubbed off on developmental efforts directed toward battery technologies. Deployment of green energy solutions in existing as well as new energy grids will also remain key influencers of industrial battery chargers market prospects.

In 2018, according to EIA (United States of Energy Information Administration), the global population was 7.6 Bn, and it is estimated that, energy utilization by the total world population will increase by 48% from now to the end of 2040. Most of this demand is expected to originate from the Middle East & Africa, Europe, and Asian countries. Hence, this consistently expanding demand for energy will promote the demand for industrial batteries, thereby boosting the volume sales of industrial battery chargers.

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Structure Analysis
• The global industrial battery chargers market represents a fairly organized competition, wherein, tier-1 manufacturers hold around 53% revenue share.
• Top companies in the industrial battery chargers market include ABB Ltd., Hitachi ltd, Exide Technologies, ENERSYS, Delta Q, Gs Yuasa International Ltd., AMETEK. Inc, Sevcon, Crown Battery Manufacturing Company, Lester Electrical, AEG Power Solutions, and Kirloskar Electric Company, among others.
• The emergence of a large number of manufacturers from Asia Pacific that offer low-cost industrial battery chargers has created a huge price variation in the industrial battery chargers market around the globe.

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By Segmentation:
Technology
• High Frequency Chargers/Switch Mode Based
• SCR (Silicon Controlled Rectifier)/ Thyristor Based
• Ferroresonant
• Hybrid (SCR + Ferroresonant)
Battery Rated Voltage
• Up to 24V
• 48V
• 60V
• 110V
• Above 110V
Output Charging Current
• 15A-50A
• 51A-150A
• 151A-250A
• 251A-500A
• Above 500A
Battery Type
• SLA Batteries
• NiCd Batteries
• Plante Batteries
• Lithium Batteries
Configuration
• FC & BC (Float and Boost)
• FC & FCBC (Float and Float Boost)
• Dual FCBC (Dual Float Boost)
• FCBC (Float Boost)
End-Use Sector
• Railways
• Energy and Power
• Mining
• Manufacturing
• IT and Data Centers
• Marine
• Telecommunications
• Infrastructure
• Oil & Gas
Region
• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ (Asia Pacific Excluding Japan)
• Middle East & Africa
• Oceania
• Japan

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