openPR Logo
Press release

Industrial Batteries Market Size Worth US$ 28.68 Billion Globally by 2027, at 6.3% CAGR

11-21-2022 03:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Industrial Batteries Market

Industrial Batteries Market

According to the latest report by IMARC Group, titled "Industrial Batteries Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global industrial batteries market reached a value of US$ 19.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 28.68 Billion by 2027, exhibiting at a CAGR of 6.3% during 2022-2027.Industrial batteries are electrochemical devices that power grid storage and uninterrupted power systems (UPS). They are used for large, rugged equipment as they offer resistance to vibrations and extreme temperatures. These batteries are cost-effective, highly reliable, have a well-established supply chain, and provide high power density and life expectancy. They are increasingly used in medical safety alarms, tracking systems, automobile accessories, and medical equipment. Consequently, industrial batteries find applications in energy, grid storage, utility, and telecommunication systems.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/industrial-batteries-market/requestsample

Global Industrial Batteries Market Trends:

The market is primarily driven by the rising demand for efficient and reliable power backup solutions in industrial settings. In addition, the increasing utilization of industrial batteries in data centers and the telecom sector is fueling the market growth. Apart from this, rapid industrialization resulting in the expansion of warehouse spaces and the growing number of manufacturing units are escalating the demand for industrial batteries. Besides this, the significant growth of the e-commerce industry and emerging requirement for factory automation are also propelling the market growth. Moreover, governments in various countries are taking initiatives to reduce environmental pollution caused due to non-renewable sources. As a result, renewable energy sources, such as wind and solar, are converted into variable power and stored in energy storage systems (ESS), thus facilitating the product adoption rate. Furthermore, technological advancements like the launch of green industrial batteries that are environment-friendly and help reduce carbon footprints are creating a positive outlook for the market.

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/industrial-batteries-market

Global Industrial Batteries Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

• Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
• Amara Raja Group
• American Battery Solutions
• Bulldog Battery Corporation
• C&D Technologies Inc.
• EnerSys
• Exide Industries Limited
• GS Yuasa Corporation
• Industrial Battery & Services Inc.
• Johnson Controls International
• Panasonic Corporation and Saft (TotalEnergies SE)

Breakup by Drive Type:

• Electric
• Hydraulic
• Others

Breakup by Technology:

• Lithium-Ion Battery
• Lead-Acid Battery
• Others

Breakup by Application:

• Forklift
• Telecom
• UPS
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance
• Market Outlook
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse More Research Reports:

https://www.einnews.com/pr_news/559825364/india-lingerie-market-to-reach-us-10-8-billion-by-2026-cagr-17-20
https://www.einpresswire.com/article/560070595/feed-additives-market-size-2021-leading-companies-growth-share-and-forecast-report-by-2026
https://www.einnews.com/pr_news/560071017/india-frozen-foods-companies-share-growth-segment-future-business-opportunity-by-2026
https://www.einnews.com/pr_news/541336641/global-vegan-food-market-is-expected-to-grow-at-a-cagr-of-11-4-during-2021-2026
https://www.einnews.com/pr_news/553443246/alcoholic-beverages-market-analysis-report-2021-26-global-share-top-key-leaders-size-revenue

Contact Us:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Batteries Market Size Worth US$ 28.68 Billion Globally by 2027, at 6.3% CAGR here

News-ID: 2815029 • Views:

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

All 5 Releases


More Releases for Industrial

Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business. Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with
Industrial Display Market: Technology Advancements Driving Industrial Visualizat …
In recent years, the global Industrial Display Market has transformed significantly, driven by evolving consumer preferences, rapid technological advancements, and an increasing focus on sustainability. Our comprehensive Industrial Display Market Research Report is your essential guide to navigate this dynamic landscape, offering actionable insights into emerging trends, growth drivers, and key opportunities for your business. Unlock in-depth analyses of the competitive supplier landscape, demand dynamics, and market projections with
Industrial Auction Services Market Auctioning Industrial Assets By 2030 | Heath …
The Report on "Industrial Auction Services Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making. The industrial auction services market is a diverse and dynamic sector that encompasses a wide range of industries, including manufacturing, construction, automotive, and more. These services are utilized by companies looking to optimize their asset management, streamline operations,
RDM Industrial Products - Laboratory and Industrial Furniture Supplier
RDM Industrial Products Inc. is one of the most reputed and leading laboratory and industrial furniture solutions supplier and manufacturer. The company was established in 1977 and has been serving their growing clientele proudly for over 40 years. Their quality products cater to industries including healthcare, electronics, biotechnology, laboratory, industrial and more. The company is based out of California and their shipments are done all across the globe. QUALITY-SERVICE-TIMING are
Industrial Fasteners Market # industrial fasteners and supply # industrial faste …
An insightful study, titled “Global Industrial Fasteners Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). The research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report. Get
Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Indu …
Researchmoz added Most up-to-date research on "Global Industrial PC Market To Reach Us$8,784.2 Mn By 2025: By Type - Panel Industrial PC, Box Industrial PC And Embedded Industrial PC" to its huge collection of research reports. Industrial PC is a ruggedized system designed to perform computing applications for various industries. Industrial PC is a PC-based computing podium mainly used for data acquisition or process control, and in some cases, it is