Report Detail
Global Industrial Battery Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026
- RnM3897772 |
- 25 February, 2020 |
- Global |
- 135 Pages |
- AllTheResearch |
- Other
The global industrial battery market is expected to reach USD 15.2 billion in 2026, growing at a CAGR of 6.5% during the forecast period.Industrial battery or battery pack is designed exclusively for industrial or professional uses. Industrial batteries are primarily used in the industries to incorporate the automation of handling and construction machinery, robotics, and small transport vehicles which requires batteries.The growth of the industrial battery market is primarily driven by the rising demand from energy storage and stationary applications, increasing demand for industrial batteries in end-user industries, and growing development of battery capacity. Further, rapid industrialization and rising renewable energy integration across the globe are some of the key factors driving the growth of the market. Moreover, uninterrupted electric energy in the developing countries and increase in demand for industrial battery from data centers and telecom companies is expected to create opportunities for the manufacturers in the global market over the forecast period. However, volatile prices of raw materials, stringent government regulations regarding use of toxic organic chemicals, and the risk of battery explosion are expected to hamper the growth of the global industrial battery market in the coming years.The lead-acid segment expected to dominate the market throughout the forecast periodBased on type, the global industrial battery market has been segmented into lead-acid, nickel-based, lithium-based, and others. The lead-acid segment accounted for approximately 37% of the share in the global industrial battery market in 2018. Lead-acid is widely used in various applications due to their increased life, recyclability, and low emission. These benefits are expected to enhance the demand and sales for lead-acid batteries across the developed and developing countries in the global market.Based on application, the telecom & data communication segment is expected to grow at a CAGR of around 7.1% throughout the forecast periodBased on application, the market has been segmented into telecom & data communication, uninterruptible power supply (UPS)/backup, grid-level energy storage, industrial equipment, and others. The telecom & data communication segment accounts of the largest share in the market and are expected to grow at a CAGR of around 7.1% during the forecast period. The increase in the development of battery capacity, growth in the telecom industry, and increasing demand for high-efficiency power backup are expected to increase its market share in terms of value in the global industrial battery market. The manufacturers GS Yuasa Corporation, Exide Technologies Inc., and Johnson Controls Inc. are the mainly investing in the development of industrial battery for the telecom & data communication application, which expected the lead the market in the coming years.Asia-Pacific to dominate the industrial battery market throughout the forecast periodAsia-Pacific accounted for nearly 35% share of the global industrial battery market in 2018 and is expected to dominate the market throughout the forecast period. The rapid growth in the urbanization and liberalization of foreign direct investment in the industrial sector are the major driving factor for the region in the global market. Moreover, significant growth in renewable power generation capacity and developing telecommunication industry increase its dominance in the global industrial battery market in the future. Furthermore, rising growth of electrical and construction sector in developing countries of the Asia Pacific such as China, India, Malaysia, Thailand, and Japan is expected to raise the demand for electric grid storages which further raise the demand for industrial batteries over the forecast period. North America is expected to hold the highest CAGR in the global market during the forecast period. The manufacturers are investing in North American countries to meet the demand for the industrial battery. The increased expenditure in innovation and growing purchasing power of manufacturers are expected to enhance the market growth in the global industrial battery market during the forecast. The US Department of Energy (DOE) announced an interim price target of USD 125/kWh by 2020, and the prices for lithium-ion batteries is estimated to fall to as low as USD 73/kWh by 2030. The US is expected to be the major contributor to the regional growth of industrial batteries market and is expected to see a significant demand for industrial batteries during the forecast period. Company Profiles and Competitive Intelligence:The major players operating in the global industrial battery market are Johnson Controls Inc., Exide Technologies Inc., Enersys Inc., Saft Groupe S.A., GS Yuasa Corporation, Northstar Battery Company LLC, C&D Technologies, Inc., Robert Bosch GmbH, East Penn Manufacturing Company, and Amara Raja Batteries Ltd are among others.
Chapter 1 Executive Summary
- 1.1.Market Summary
- 1.2.Global Industrial Battery Market, 2016-2026, (USD Million)
- 1.3.Market Snapshot: Global Industrial Battery Market
- 1.4.Market Dynamics
- 1.5.Global Industrial Battery Market, by Segment, 2018
- 1.5.1.Global Industrial Battery Market, by Type, 2018, (USD Million)
- 1.5.2.Global Industrial Battery Market, by Application, 2018, (USD Million)
- 1.5.3.Global Industrial Battery Market, by Region, 2018 (USD Million)
- 1.6.Premium Insights
- 1.6.1.Industrial Battery Market In Developed Vs. Developing Economies, 2018 vs 2023
- 1.6.2.Global Industrial Battery Market: Regional Life Cycle Analysis
Chapter 2 Market Dynamics
- 2.1.Market Overview
- 2.2.Market Drivers
- 2.2.1.Rising demand from energy storage and stationary applications
- 2.2.2.Increase demand of industrial batteries in end user industries
- 2.3.Market Restraints
- 2.3.1.Stringent government regulations regarding use of toxic organic chemicals
- 2.3.2.High capital investment requirement
- 2.4.Market Opportunities
- 2.4.1.Increase in demand of industrial battery from datacenters and telecom companies
- 2.4.2.Opportunity 2
- 2.5.Industry Value Chain Analysis
- 2.6.Pricing Analysis
- 2.7.Porter’s Five Forces Analysis
Chapter 3 Global Industrial Battery Market, by Type
- 3.1.Market Overview, by Type
- 3.1.1.Global Industrial Battery Market, by Type, 2016-2026 (USD Million)
- 3.1.2.Incremental Opportunity, by Type, 2018
- 3.2.Lead-Acid
- 3.2.1.Global Industrial Battery Market, by Lead-Acid, 2016-2026, (USD Million)
- 3.3.Nickel-Based
- 3.3.1.Global Industrial Battery Market, by Nickel-Based, 2016-2026, (USD Million)
- 3.4.Lithium-Based
- 3.4.1.Global Industrial Battery Market, by Lithium-Based, 2016-2026, (USD Million)
- 3.5.Others
- 3.5.1.Global Industrial Battery Market, by Others, 2016-2026, (USD Million)
Chapter 4 Global Industrial Battery Market, by Application
- 4.1.Market Overview, by Application
- 4.1.1.Global Industrial Battery Market, by Application, 2016-2026 (USD Million)
- 4.1.2.Incremental Opportunity, by Application, 2018
- 4.2.Telecom & Data Communication
- 4.2.1.Global Industrial Battery Market, by Telecom & Data Communication, 2016-2026, (USD Million)
- 4.3.Uninterruptible Power Supply (UPS)/Backup
- 4.3.1.Global Industrial Battery Market, by Uninterruptible Power Supply (UPS)/Backup, 2016-2026, (USD Million)
- 4.4.Grid-Level Energy Storage
- 4.4.1.Global Industrial Battery Market, by Grid-Level Energy Storage, 2016-2026, (USD Million)
- 4.5.Industrial Equipment
- 4.5.1.Global Industrial Battery Market, by Industrial Equipment, 2016-2026, (USD Million)
- 4.6.Others
- 4.6.1.Global Industrial Battery Market, by Others, 2016-2026, (USD Million)
Chapter 5 Global Industrial Battery Market, by Region
- 5.1.Market Overview, by Region
- 5.1.1.Global Industrial Battery Market, by Region, 2016-2026, (USD Million)
- 5.2.Attractive Investment Opportunity, by Region, 2018
- 5.3.North America Industrial Battery Market
- 5.3.1.North America Industrial Battery Market, by Type, 2016-2026 (USD Million)
- 5.3.2.North America Industrial Battery Market, by Application, 2016-2026 (USD Million)
- 5.3.3.United States Industrial Battery Market, 2016-2026 (USD Million)
- 5.3.4.Canada Industrial Battery Market, 2016-2026 (USD Million)
- 5.4.Europe Industrial Battery Market
- 5.4.1.Europe Industrial Battery Market, by Type, 2016-2026 (USD Million)
- 5.4.2.Europe Industrial Battery Market, by Application, 2016-2026 (USD Million)
- 5.4.3.United Kingdom Industrial Battery Market, 2016-2026 (USD Million)
- 5.4.4.Germany Industrial Battery Market, 2016-2026 (USD Million)
- 5.4.5.France Industrial Battery Market, 2016-2026 (USD Million)
- 5.4.6.Rest of Europe Industrial Battery Market, 2016-2026 (USD Million)
- 5.5.Asia Pacific Industrial Battery Market
- 5.5.1.Asia Pacific Industrial Battery Market, by Type, 2016-2026 (USD Million)
- 5.5.2.Asia Pacific Industrial Battery Market, by Application, 2016-2026 (USD Million)
- 5.5.3.China Industrial Battery Market, 2016-2026 (USD Million)
- 5.5.4.Japan Industrial Battery Market, 2016-2026 (USD Million)
- 5.5.5.India Industrial Battery Market, 2016-2026 (USD Million)
- 5.5.6.Rest of Asia Pacific Industrial Battery Market, 2016-2026 (USD Million)
- 5.6.Latin America Industrial Battery Market
- 5.6.1.Latin America Industrial Battery Market, by Type, 2016-2026 (USD Million)
- 5.6.2.Latin America Industrial Battery Market, by Application, 2016-2026 (USD Million)
- 5.6.3.Brazil Industrial Battery Market, 2016-2026 (USD Million)
- 5.6.4.Mexico Industrial Battery Market, 2016-2026 (USD Million)
- 5.6.5.Rest of Latin America Industrial Battery Market, 2016-2026 (USD Million)
- 5.7.Middle East & Africa Industrial Battery Market
- 5.7.1.Middle East & Africa Industrial Battery Market, by Type, 2016-2026 (USD Million)
- 5.7.2.Middle East & Africa Industrial Battery Market, by Application, 2016-2026 (USD Million)
- 5.7.3.GCC Industrial Battery Market, 2016-2026 (USD Million)
- 5.7.4.Rest of Middle East & Africa Industrial Battery Market, 2016-2026 (USD Million)
Chapter 6 Competitive Intelligence
- 6.1.Top 5 Players Comparison
- 6.2.Market Positioning of Key Players, 2018
- 6.3.Market Players Mapping
- 6.3.1.By Type
- 6.3.2.By Application
- 6.3.3.By Region
- 6.4.Strategies Adopted by Key Market Players
- 6.5.Recent Developments in the Market
- 6.5.1.Mergers & Acquisitions, Partnership, New Type Developments
Chapter 7 Company Profiles
- 7.1.Exide Technologies Inc.
- 7.1.1.Exide Technologies Inc. Overview
- 7.1.2.Exide Technologies Inc. Types Portfolio
- 7.1.3.Exide Technologies Inc. Financial Overview
- 7.1.4.Exide Technologies Inc. News/Recent Developments
- 7.2.Johnson Controls Inc.
- 7.2.1.Johnson Controls Inc. Overview
- 7.2.2.Johnson Controls Inc. Types Portfolio
- 7.2.3.Johnson Controls Inc. Financial Overview
- 7.2.4.Johnson Controls Inc. News/Recent Developments
- 7.3.Enersys Inc.
- 7.3.1.Enersys Inc. Overview
- 7.3.2.Enersys Inc. Types Portfolio
- 7.3.3.Enersys Inc. Financial Overview
- 7.3.4.Enersys Inc. News/Recent Developments
- 7.4.Saft Groupe S.A.
- 7.4.1.Saft Groupe S.A. Overview
- 7.4.2.Saft Groupe S.A. Types Portfolio
- 7.4.3.Saft Groupe S.A. Financial Overview
- 7.4.4.Saft Groupe S.A. News/Recent Developments
- 7.5.GS Yuasa Corporation
- 7.5.1.GS Yuasa Corporation Overview
- 7.5.2.GS Yuasa Corporation Types Portfolio
- 7.5.3.GS Yuasa Corporation Financial Overview
- 7.5.4.GS Yuasa Corporation News/Recent Developments
- 7.6.Northstar Battery Company LLC
- 7.6.1.Northstar Battery Company LLC Overview
- 7.6.2.Northstar Battery Company LLC Types Portfolio
- 7.6.3.Northstar Battery Company LLC Financial Overview
- 7.6.4.Northstar Battery Company LLC News/Recent Developments
- 7.7.C&D Technologies, Inc.
- 7.7.1.C&D Technologies, Inc. Overview
- 7.7.2.C&D Technologies, Inc. Types Portfolio
- 7.7.3.C&D Technologies, Inc. Financial Overview
- 7.7.4.C&D Technologies, Inc. News/Recent Developments
- 7.8.Robert Bosch GmbH
- 7.8.1.Robert Bosch GmbH Overview
- 7.8.2.Robert Bosch GmbH Types Portfolio
- 7.8.3.Robert Bosch GmbH Financial Overview
- 7.8.4.Robert Bosch GmbH News/Recent Developments
- 7.9.East Penn Manufacturing Company
- 7.9.1.East Penn Manufacturing Company Overview
- 7.9.2.East Penn Manufacturing Company Types Portfolio
- 7.9.3.East Penn Manufacturing Company Financial Overview
- 7.9.4.East Penn Manufacturing Company News/Recent Developments
- 7.10.Amara Raja Batteries Ltd
- 7.10.1.Amara Raja Batteries Ltd Overview
- 7.10.2.Amara Raja Batteries Ltd Types Portfolio
- 7.10.3.Amara Raja Batteries Ltd Financial Overview
- 7.10.4.Amara Raja Batteries Ltd News/Recent Developments
Chapter 8 Preface
- 8.1.Data Triangulation
- 8.2.Research Methodology
- 8.2.1.Phase I – Secondary Research
- 8.2.2.Phase II – Primary Research
- 8.2.3.Phase III – Expert Panel Review
- 8.2.4.Approach Adopted
- 8.2.4.1.Top-Down Approach
- 8.2.4.2.Bottom-Up Approach
- 8.2.5.Supply- Demand side
Summary:
Get latest Market Research Reports on Industrial Battery. Industry analysis & Market Report on Industrial Battery is a syndicated market report, published as Global Industrial Battery Market - Segment Analysis, Opportunity Assessment, Competitive Intelligence, Industry Outlook 2016-2026. It is complete Research Study and Industry Analysis of Industrial Battery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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