Material handling equipment are usually gasoline-powered or electric-powered. Lead-acid batteries power more than three-fourth of the electric forklifts manufactured globally and are cost-effective, offering additional benefits like high resilience in difficult environmental conditions.
Various mechanical, automotive, food and beverage, logistics, chemical, timber and paper printing, and retail and wholesale companies extensively rely on battery-powered forklifts. Many end-users adopt electric forklifts because they are associated with low noise level and reduced emissions and eliminate the cost of fuel.
Additionally, they also exhibit longer lifespan in comparison to ICE-powered forklifts. The increasing adoption of battery-powered forklifts boosts the demand for lead-acid battery because they are cost-effective and offer high resilience even in harsh environmental conditions involving chemicals, dirt, and vibration.
In 2019, the market size of Industrial Battery for Material Handling Equipment is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Battery for Material Handling Equipment.
This report studies the global market size of Industrial Battery for Material Handling Equipment, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Industrial Battery for Material Handling Equipment production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
East Penn Manufacturing
EnerSys
Exide Technologies
Trojan Battery
Valence Technology
Chloride Exide
Crown Battery
EverExceed
Exide Industries
HOPPECKE
MIDAC Batteries
Navitas System
Market Segment by Product Type
East Penn Manufacturing
EnerSys
Exide Technologies
Trojan Battery
Valence Technology
Market Segment by Application
Li-ion battery
Lead-acid battery
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Industrial Battery for Material Handling Equipment status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Industrial Battery for Material Handling Equipment manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Industrial Battery for Material Handling Equipment are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Industrial Battery for Material Handling Equipment. Industry analysis & Market Report on Industrial Battery for Material Handling Equipment is a syndicated market report, published as Global (United States, European Union and China) Industrial Battery for Material Handling Equipment Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Industrial Battery for Material Handling Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.