Industrial Batteries Market With Covid-19 Impact Analysis, By Battery Type (Lead-acid, Lithium-ion), End-Use Industry (Stationary, Motive), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2027
The global Industrial batteries market size is projected to grow from USD 18.1 billion in 2022 to USD 28.1 billion by 2027, at a CAGR of 9.2% between 2022 and 2027. The Industrial batteries market is expected to grow at a moderate growth rate owing to factors such as increasing demand in plug-in vehicles, rising adoption of lithium-ion batteries in renewable energy sector, and increasing demand for grid energy storage systems owing to ongoing grid modernization. Availability of low-cost substitutes and issues related to transportation and storage of used or spent batteries are hindering the growth of Industrial batteries market.
“Lithium-ion industrial batteries is projected to witness considerable CAGR during the forecast period.”
Lithium-ion industrial batteries market is projected to witness a considerable growth during the forecast period. The growth in this segment is attributed to its properties such as lightweight, portable, and smaller in size as compared to other types of batteries, which has increased their adoption in various applications.
“The Stationary segment projected to lead the Industrial batteries market from 2022 to 2027.”
The stationary segment is the fastest-growing Industrial batteries market by end use. Stationary end-use industry comprises of Telecommunication, UPS and Grid level applications . Grid level has the highest CAGR among all the other applications due to the in-grid and off-grid renewable energy deployments which are witnessing steady growth in developed as well as emerging countries. Batteries have been utilized for energy storage applications over many years. However, recently, the battery storage technology has gained higher traction as a resource to support higher levels of electricity generation from renewable energy.
“North America projected to account for the maximum share of the global Industrial batteries market during the forecast period.”
North America is projected to lead the global Industrial batteries market from 2022 to 2027. North America is the world's leading consumer as well as producer of Industrial batteries. The market in the region is driven because of the developed economies such as US and Canada which have large number of industrial batteries manufacturers as well as consumers. This growth and development are mainly attributed to the high economic growth rate in the region, followed by heavy investments across industries, such as electric vehicle and recreational vehicles.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and other executives from various key organizations operating in the Industrial batteries market.
Research Coverage
The market study covers the Industrial batteries market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on battery type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the Industrial batteries market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall Industrial batteries market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
“Lithium-ion industrial batteries is projected to witness considerable CAGR during the forecast period.”
Lithium-ion industrial batteries market is projected to witness a considerable growth during the forecast period. The growth in this segment is attributed to its properties such as lightweight, portable, and smaller in size as compared to other types of batteries, which has increased their adoption in various applications.
“The Stationary segment projected to lead the Industrial batteries market from 2022 to 2027.”
The stationary segment is the fastest-growing Industrial batteries market by end use. Stationary end-use industry comprises of Telecommunication, UPS and Grid level applications . Grid level has the highest CAGR among all the other applications due to the in-grid and off-grid renewable energy deployments which are witnessing steady growth in developed as well as emerging countries. Batteries have been utilized for energy storage applications over many years. However, recently, the battery storage technology has gained higher traction as a resource to support higher levels of electricity generation from renewable energy.
“North America projected to account for the maximum share of the global Industrial batteries market during the forecast period.”
North America is projected to lead the global Industrial batteries market from 2022 to 2027. North America is the world's leading consumer as well as producer of Industrial batteries. The market in the region is driven because of the developed economies such as US and Canada which have large number of industrial batteries manufacturers as well as consumers. This growth and development are mainly attributed to the high economic growth rate in the region, followed by heavy investments across industries, such as electric vehicle and recreational vehicles.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and other executives from various key organizations operating in the Industrial batteries market.
- By Company Type: Tier 1: 52%, Tier 2: 31%, and Tier 3: 17%
- By Designation: C-level Executives: 47%, Directors: 31%, and Others: 22%
- By Region: North America: 41%, Europe: 30%, Asia Pacific: 19%, and Rest of World: 10%
Research Coverage
The market study covers the Industrial batteries market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on battery type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the Industrial batteries market.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall Industrial batteries market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 INDUSTRIAL BATTERIES MARKET: SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 INDUSTRIAL BATTERIES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 5 METHODOLOGY FOR DEMAND-SIDE SIZING OF
INDUSTRIAL BATTERIES MARKET (1/2)
FIGURE 6 METHODOLOGY FOR SUPPLY-SIDE SIZING OF
INDUSTRIAL BATTERIES MARKET (2/2)
2.3 DATA TRIANGULATION
FIGURE 7 INDUSTRIAL BATTERIES MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
2.5.1 LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY
FIGURE 8 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE
FIGURE 9 STATIONARY END-USE INDUSTRY ESTIMATED TO ACCOUNT
FOR LARGER SHARE OF INDUSTRIAL BATTERIES MARKET IN 2022
FIGURE 10 NORTH AMERICA ESTIMATED TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL BATTERIES MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL BATTERIES MARKET
FIGURE 11 DEMAND FOR INDUSTRIAL BATTERIES TO INCREASE IN ASIA PACIFIC DURING FORECAST PERIOD
4.2 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE
FIGURE 12 OTHER BATTERY TYPES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 INDUSTRIAL BATTERIES MARKET SIZE, BY STATIONARY END-USE INDUSTRY
FIGURE 13 TELECOMMUNICATION SEGMENT ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022
4.4 INDUSTRIAL BATTERIES MARKET IN EUROPE, BY BATTERY TYPE AND COUNTRY
FIGURE 14 LEAD-ACID SEGMENT AND GERMANY ESTIMATED TO ACCOUNT FOR LARGEST SHARES IN EUROPE INDUSTRIAL BATTERIES MARKET IN 2022
4.5 INDUSTRIAL BATTERIES MARKET, BY REGION & BATTERY TYPE, IN 2022
FIGURE 15 LITHIUM-ION BATTERY TYPE ESTIMATED TO ACCOUNT FOR LARGEST SHARE IN ASIA PACIFIC IN 2022
4.6 INDUSTRIAL BATTERIES MARKET: MAJOR COUNTRIES
FIGURE 16 INDIA TO BE FASTEST-GROWING COUNTRY IN INDUSTRIAL BATTERIES MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN INDUSTRIAL BATTERIES MARKET
5.2.1 DRIVERS
5.2.1.1 Rising adoption of lithium-ion batteries in renewable energy sector
5.2.1.2 Increasing demand for grid energy storage systems owing to ongoing grid modernization
5.2.2 RESTRAINTS
5.2.2.1 Availability of low-cost substitutes
5.2.2.2 Issues related to transportation and storage of used or spent batteries
5.2.3 OPPORTUNITIES
5.2.3.1 Advancements in telecommunication sector
5.2.3.2 Increasing battery innovation initiatives by established players
5.2.4 CHALLENGES
5.2.4.1 Limited usage and overheating issues of industrial batteries
5.2.4.2 Disruptions in supply chain due to COVID-19 pandemic
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 18 INDUSTRIAL BATTERIES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.1 BARGAINING POWER OF SUPPLIERS
5.3.2 BARGAINING POWER OF BUYERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 THREAT OF SUBSTITUTES
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
TABLE 1 PORTER’S FIVE FORCES ANALYSIS
5.4 MACROECONOMIC INDICATORS
5.4.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES
TABLE 2 PROJECTED REAL GDP GROWTH (ANNUAL PERCENT CHANGE) OF KEY COUNTRIES
5.5 IMPACT OF COVID-19
5.5.1 INTRODUCTION
5.5.2 DISRUPTIONS IN INDUSTRY
5.5.3 CHANGES IN STRATEGIES TO OVERCOME SUPPLY CHAIN CONSTRAINTS
5.5.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
5.6 CASE STUDY ANALYSIS
5.6.1 COLLABORATION BETWEEN NEXCHARGE AND TATA POWER DELHI DISTRIBUTION (TPDDL) LAUNCHED GRID-CONNECTED LITHIUM-ION BATTERY ENERGY STORAGE SYSTEM
5.6.2 DEPLOYMENT OF OFF-GRID BATTERY ENERGY STORAGE SYSTEMS FOR RENEWABLE ENERGY PROJECT
5.6.3 SAFT GROUP’S LITHIUM-ION BATTERIES USED IN IOT PLATFORM
5.7 TECHNOLOGY ANALYSIS
5.7.1 LITHIUM METAL BATTERY
5.7.2 LITHIUM-SULFUR BATTERIES
5.7.3 SODIUM-SULFUR BATTERIES
5.7.4 COBALT-FREE BATTERIES
5.7.5 METAL-AIR BATTERIES
5.7.6 LIQUID-METAL BATTERIES
5.7.7 POTASSIUM METAL BATTERIES
5.7.8 ZINC MANGANESE BATTERIES
5.7.9 VANADIUM-FLOW BATTERIES
5.7.10 GOLD NANOWIRE GEL ELECTROLYTE BATTERIES
5.8 VALUE CHAIN ANALYSIS
FIGURE 19 VALUE CHAIN ANALYSIS: INDUSTRIAL BATTERIES MARKET
5.9 AVERAGE SELLING PRICE ANALYSIS, BY END-USE INDUSTRY
TABLE 3 INDUSTRIAL BATTERIES MARKET: AVERAGE SELLING PRICE ANALYSIS, 2018–2021, (USD/ KWH)
TABLE 4 INDUSTRIAL BATTERIES MARKET: AVERAGE SELLING
PRICE ANALYSIS, 2022–2027, (USD/KWH)
5.10 TARIFF AND REGULATORY LANDSCAPE
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11 ECOSYSTEM
FIGURE 20 INDUSTRIAL BATTERIES MARKET: ECOSYSTEM
5.12 KEY CONFERENCES & EVENTS IN 2022–2023
TABLE 9 BATTERY ENERGY STORAGE SYSTEM MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.13 TRADE ANALYSIS
TABLE 10 LITHIUM-ION BATTERY IMPORT DATA FOR TOP COUNTRIES, 2017–2021 (USD)
TABLE 11 LITHIUM-ION BATTERY EXPORT DATA FOR TOP COUNTRIES, 2017–2021 (USD)
5.14 KEY STAKEHOLDERS & BUYING CRITERIA
5.14.1 INTRODUCTION
5.14.2 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 12 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR
TOP THREE END USES (%)
FIGURE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.14.3 BUYING CRITERIA
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 13 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.15 PATENT ANALYSIS
5.15.1 INTRODUCTION
5.15.2 METHODOLOGY
5.15.3 DOCUMENT TYPE
FIGURE 23 PATENT APPLICATIONS ACCOUNTED FOR 51.5% SHARE DURING LAST TEN YEARS
TABLE 14 PATENT ANALYSIS DURING LAST TEN YEARS
FIGURE 24 PUBLICATION TRENDS FOR LAST TEN YEARS
5.15.4 INSIGHTS
5.15.5 LEGAL STATUS OF PATENTS
FIGURE 25 PATENT LEGAL STATUS
FIGURE 26 JURISDICTION ANALYSIS
5.15.6 TOP COMPANIES/ APPLICANTS
FIGURE 27 TOP COMPANY APPLICANTS WITH HIGHEST NUMBER OF PATENTS
TABLE 15 LIST OF PATENTS BY GS YUASA INTERNATIONAL LIMITED
TABLE 16 LIST OF PATENTS BY CHAOWEI POWER CO.LTD.
TABLE 17 LIST OF PATENTS BY LEOCH BATTERY CO. LTD.
TABLE 18 TOP TEN PATENT OWNERS (US) DURING LAST TEN Y EARS
5.16 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
6 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE
6.1 INTRODUCTION
FIGURE 28 LEAD-ACID BATTERY SEGMENT PROJECTED TO LEAD INDUSTRIAL BATTERIES MARKET DURING FORECAST PERIOD
TABLE 19 INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 20 INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
6.2 LEAD-ACID
6.2.1 INCREASING ADOPTION OF LEAD-ACID BATTERIES IN GRID ENERGY STORAGE
TABLE 21 LEAD-ACID BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 22 LEAD-ACID BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 23 LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 24 LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 25 LEAD-ACID BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 26 LEAD-ACID BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 27 STATIONARY LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 28 STATIONARY LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 29 LEAD-ACID BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 30 LEAD-ACID BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 31 MOTIVE LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 32 MOTIVE LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
6.3 LITHIUM-ION
6.3.1 DECREASE IN PRICES TO INCREASE DEMAND FOR LITHIUM-ION BATTERIES
TABLE 33 LITHIUM-ION BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 34 LITHIUM-ION BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 35 LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 36 LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 37 LITHIUM-ION BATTERY MARKET SIZE, BY STATIONARY
END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 38 LITHIUM-ION BATTERY MARKET SIZE, BY STATIONARY
END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 39 STATIONARY LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 40 STATIONARY LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 41 LITHIUM-ION BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 42 LITHIUM-ION BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 43 MOTIVE LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 44 MOTIVE LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
6.4 OTHERS
6.4.1 LESS EXPENSIVE BATTERIES TO DRIVE DEMAND
TABLE 45 OTHERS BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 46 OTHERS BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 47 OTHERS BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 48 OTHERS BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 49 OTHERS BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 50 OTHERS BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 51 STATIONARY OTHERS BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 52 STATIONARY OTHERS BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 53 OTHERS BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 54 OTHERS BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 55 MOTIVE OTHERS BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 56 MOTIVE OTHERS BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7 INDUSTRIAL BATTERIES MARKET, MARKET BY END-USE INDUSTRY
7.1 INTRODUCTION
FIGURE 29 STATIONARY END-USE INDUSTRY PROJECTED TO LEAD INDUSTRIAL BATTERIES MARKET BETWEEN 2022 AND 2027
TABLE 57 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 58 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 59 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (GWH)
TABLE 60 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (GWH)
7.2 STATIONARY INDUSTRIAL BATTERIES
FIGURE 30 ASIA PACIFIC PROJECTED TO LEAD STATIONARY END-USE INDUSTRY SEGMENT OF INDUSTRIAL BATTERIES MARKET BETWEEN 2022 AND 2027
TABLE 61 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 62 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 63 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 64 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY REGION,
2022–2027 (USD MILLION)
TABLE 65 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 66 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
7.2.1 TELECOMMUNICATION
TABLE 67 TELECOMMUNICATION BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 68 TELECOMMUNICATION BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 69 TELECOMMUNICATION BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 70 TELECOMMUNICATION BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.2.2 UNINTERRUPTIBLE POWER SUPPLY (UPS)/BACKUP
TABLE 71 UPS BATTERIES MARKET SIZE, BY DATA CENTER TYPE, 2018–2021 (USD MILLION)
TABLE 72 UPS BATTERIES MARKET SIZE, BY DATA CENTER TYPE, 2022–2027 (USD MILLION)
TABLE 73 UPS BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 74 UPS BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 75 UPS BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 UPS BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.2.3 GRID LEVEL
TABLE 77 GRID LEVEL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 78 GRID LEVEL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 79 GRID LEVEL BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 80 GRID LEVEL BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3 MOTIVE INDUSTRIAL BATTERY
FIGURE 31 NORTH AMERICA PROJECTED TO LEAD MOTIVE INDUSTRIAL BATTERY SEGMENT OF INDUSTRIAL BATTERIES MARKET BETWEEN 2022 AND 2027
TABLE 81 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 82 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 83 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 84 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 85 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 86 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
7.3.1 LOW SPEED ELECTRIC VEHICLES
TABLE 87 LSEV BATTERY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 88 LSEV BATTERY MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 89 LSEV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 90 LSEV BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 91 LSEV BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 92 LSEV BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.2 FLOOR SCRUBBERS
TABLE 93 FLOOR SCRUBBER BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 94 FLOOR SCRUBBER BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 95 FLOOR SCRUBBER BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 96 FLOOR SCRUBBER BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.3 MATERIAL HANDLING
TABLE 97 MATERIAL HANDLING BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 98 MATERIAL HANDLING BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 99 MATERIAL HANDLING BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 100 MATERIAL HANDLING BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.4 MARINE
TABLE 101 MARINE BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 102 MARINE BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 103 MARINE BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 104 MARINE BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.5 RECREATIONAL VEHICLES
TABLE 105 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 106 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 107 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 108 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
8 INDUSTRIAL BATTERIES MARKET, BY REGION
8.1 INTRODUCTION
FIGURE 32 NORTH AMERICA IS EXPECTED TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
TABLE 109 GLOBAL: INDUSTRIAL BATTERIES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 110 GLOBAL: INDUSTRIAL BATTERIES MARKET, BY REGION, 2022–2027 (USD MILLION)
8.2 NORTH AMERICA
FIGURE 33 NORTH AMERICA INDUSTRIAL BATTERIES MARKET SNAPSHOT, 2021
TABLE 111 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 112 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 113 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 114 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 115 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 116 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 117 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 118 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 119 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 120 NORTH AMERICA: INDUTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.2.1 US
8.2.1.1 Demand for batteries in grid level energy storage expected to fuel demand for industrial batteries
TABLE 121 US: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 122 US: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.2.2 CANADA
8.2.2.1 Industrial batteries market expected to grow due to high demand from telecom industry
TABLE 123 CANADA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 124 CANADA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.2.3 MEXICO
8.2.3.1 Demand for industrial batteries attributed to expanding domestic automotive industry
TABLE 125 MEXICO: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 126 MEXICO: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3 ASIA PACIFIC
FIGURE 34 ASIA PACIFIC MARKET: SNAPSHOT
TABLE 127 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 128 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 129 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 130 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 131 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 132 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 133 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 134 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 135 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 136 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.3.1 CHINA
8.3.1.1 China accounts for largest share of market in Asia Pacific
TABLE 137 CHINA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 138 CHINA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3.2 JAPAN
8.3.2.1 Expansion of R&D resources by battery giants supporting market growth
TABLE 139 JAPAN: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 140 JAPAN: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3.3 INDIA
8.3.3.1 Rising adoption of electric transport expected to drive market
TABLE 141 INDIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 142 INDIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3.4 REST OF ASIA PACIFIC
TABLE 143 REST OF ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 144 REST OF ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4 EUROPE
FIGURE 35 EUROPE MARKET: SNAPSHOT
TABLE 145 EUROPE: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 146 EUROPE: INDUTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 147 EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 148 EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 149 EUROPE: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 150 EUROPE: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 151 EUROPE: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 152 EUROPE: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 153 EUROPE: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 154 EUROPE: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.4.1 GERMANY
8.4.1.1 Increasing expansion of residential storage sector
to boost market growth
TABLE 155 GERMANY: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 156 GERMANY: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4.2 UK
8.4.2.1 Government initiatives for growth of EV industry to support market growth
TABLE 157 UK: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 158 UK: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4.3 FRANCE
8.4.3.1 Surging penetration of renewable energy boosting market growth in France
TABLE 159 FRANCE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 160 FRANCE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4.4 REST OF EUROPE
TABLE 161 REST OF EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 162 REST OF EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5 MIDDLE EAST & AFRICA
TABLE 163 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 164 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 165 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 166 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 167 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 168 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 169 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 170 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 171 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 172 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.5.1 SAUDI ARABIA
8.5.1.1 Growing economy expected to boost demand for industrial batteries
TABLE 173 SAUDI ARABIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 174 SAUDI ARABIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5.2 UAE
8.5.2.1 Growth of telecom & data communication sector to drive market
TABLE 175 UAE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 176 UAE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5.3 SOUTH AFRICA
8.5.3.1 Rising demand for portable devices expected to fuel demand for industrial batteries
TABLE 177 SOUTH AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 178 SOUTH AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5.4 REST OF MIDDLE EAST & AFRICA
TABLE 179 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 180 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.6 SOUTH AMERICA
TABLE 181 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 182 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 183 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 184 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 185 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 186 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 187 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 188 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 189 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 190 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.6.1 BRAZIL
8.6.1.1 Rising demand for consumer and automotive batteries expected to increase demand
TABLE 191 BRAZIL: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 192 BRAZIL: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.6.2 REST OF SOUTH AMERICA
TABLE 193 REST OF SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY,2018–2021 (USD MILLION)
TABLE 194 REST OF SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY,2022–2027 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 INTRODUCTION
TABLE 195 KEY DEVELOPMENTS IN INDUSTRIAL BATTERIES MARKET (2020–2022)
9.1.1 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 36 INDUSTRIAL BATTERIES MARKET: REVENUE ANALYSIS (2020)
9.2 MARKET SHARE ANALYSIS OF TOP PLAYERS, 2021
TABLE 196 INDUSTRIAL BATTERIES MARKET: DEGREE OF COMPETITION
9.3 COMPANY EVALUATION QUADRANT, 2021
9.3.1 STAR
9.3.2 EMERGING LEADER
9.3.3 PERVASIVE
9.3.4 PARTICIPANT
FIGURE 37 INDUSTRIAL BATTERIES MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021
9.4 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2021
9.4.1 PROGRESSIVE COMPANY
9.4.2 RESPONSIVE COMPANY
9.4.3 DYNAMIC COMPANY
9.4.4 STARTING BLOCK
FIGURE 38 INDUSTRIAL BATTERIES MARKET (GLOBAL): SME EVALUATION QUADRANT, 2021
9.5 INDUSTRIAL BATTERIES MARKET: STARTUP MATRIX
TABLE 197 INDUSTRIAL BATTERIES MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 198 INDUSTRIAL BATTERIES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
9.6 INDUSTRIAL BATTERIES MARKET: COMPANY FOOTPRINT
TABLE 199 COMPANY FOOTPRINT: BY END-USE INDUSTRY
TABLE 200 COMPANY FOOTPRINT: BY REGION
TABLE 201 COMPANY FOOTPRINT
9.7 COMPETITIVE SCENARIO AND TRENDS
9.7.1 PRODUCT LAUNCHES
TABLE 202 INDUSTRIAL BATTERIES MARKET: PRODUCT LAUNCHES, FEBRUARY 2020–JANUARY 2022
9.7.2 DEALS
TABLE 203 INDUSTRIAL BATTERIES MARKET: DEALS, FEBRUARY 2020–JANUARY 202
9.7.3 OTHERS
TABLE 204 INDUSTRIAL BATTERIES MARKET: OTHERS, FEBRUARY 2020–JANUARY 2022
10 COMPANY PROFILES
10.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1.1 ENERSYS INC.
TABLE 205 ENERSYS, INC.: COMPANY OVERVIEW
FIGURE 39 ENERSYS, INC.: COMPANY SNAPSHOT
TABLE 206 ENERSYS, INC.: PRODUCT OFFERINGS
TABLE 207 ENERSYS, INC.: PRODUCT LAUNCHES
TABLE 208 ENERSYS, INC.: OTHER DEVELOPMENTS
10.1.2 C&D TECHNOLOGIES, INC.
TABLE 209 C&D TECHNOLOGIES, INC.: COMPANY OVERVIEW
TABLE 210 C&D TECHNOLOGIES, INC.: PRODUCT OFFERINGS
10.1.3 GS YUASA CORPORATION
TABLE 211 GS YUASA CORPORATION: COMPANY OVERVIEW
FIGURE 40 GS YUASA CORPORATION: COMPANY SNAPSHOT
TABLE 212 GS YUASA CORPORATION: PRODUCT OFFERINGS
TABLE 213 GS YUASA CORPORATION: PRODUCT LAUNCHES
TABLE 214 GS YUASA CORPORATION: DEALS
TABLE 215 GS YUASA CORPORATION: OTHERS
10.1.4 EXIDE INDUSTRIES
TABLE 216 EXIDE INDUSTRIES: COMPANY OVERVIEW
FIGURE 41 EXIDE INDUSTRIES: COMPANY SNAPSHOT
TABLE 217 EXIDE INDUSTRIES: PRODUCT OFFERINGS
TABLE 218 EXIDE INDUSTRIES: OTHERS
10.1.5 CROWN BATTERY
TABLE 219 CROWN BATTERY: COMPANY OVERVIEW
TABLE 220 CROWN BATTERY: PRODUCT OFFERINGS
10.1.6 EAST PENN MANUFACTURING COMPANY
TABLE 221 EAST PENN MANUFACTURING: COMPANY OVERVIEW
TABLE 222 EAST PENN MANUFACTURING: PRODUCT OFFERINGS
TABLE 223 EAST PENN MANUFACTURING: PRODUCT LAUNCHES
10.1.7 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.
TABLE 224 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.: COMPANY OVERVIEW
FIGURE 42 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.: COMPANY SNAPSHOT
TABLE 225 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.: PRODUCT OFFERINGS
10.1.8 SAMSUNG SDI CO., LTD.
TABLE 226 SAMSUNG SDI CO., LTD.: COMPANY OVERVIEW
FIGURE 43 SAMSUNG SDI CO., LTD.: COMPANY SNAPSHOT
TABLE 227 SAMSUNG SDI CO., LTD.: PRODUCT OFFERINGS
TABLE 228 SAMSUNG SDI CO., LTD.: PRODUCT LAUNCHES
10.1.9 SK INNOVATION
TABLE 229 SK INNOVATION: COMPANY OVERVIEW
FIGURE 44 SK INNOVATION: COMPANY SNAPSHOT
TABLE 230 SK INNOVATION: PRODUCT OFFERINGS
TABLE 231 SK INNOVATION: DEALS
TABLE 232 SK INNOVATION: OTHERS
10.1.10 NARADA POWER
TABLE 233 NARADA POWER: COMPANY OVERVIEW
TABLE 234 NARADA POWER: PRODUCT OFFERINGS
TABLE 235 NARADA POWER: PRODUCT LAUNCHES
TABLE 236 NARADA POWER: DEALS
10.1.11 VISION GROUP
TABLE 237 VISION GROUP: COMPANY OVERVIEW
TABLE 238 VISION GROUP: PRODUCT OFFERINGS
TABLE 239 VISION GROUP: PRODUCT LAUNCHES
10.1.12 LG CHEM
TABLE 240 LG CHEM: COMPANY OVERVIEW
FIGURE 45 LG CHEM: COMPANY SNAPSHOT
TABLE 241 LG CHEM: PRODUCT OFFERINGS
TABLE 242 LG CHEM: PRODUCT LAUNCHES
TABLE 243 LG CHEM: DEALS
10.1.13 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED
TABLE 244 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED: COMPANY OVERVIEW
FIGURE 46 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 245 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED: PRODUCT OFFERINGS
10.1.14 HOPPECKE
TABLE 246 HOPPECKE: COMPANY OVERVIEW
TABLE 247 HOPPECKE: PRODUCT OFFERINGS
TABLE 248 HOPPECKE: PRODUCT LAUNCHES
TABLE 249 HOPPECKE: DEALS
10.1.15 SUNLIGHT
TABLE 250 SUNLIGHT: COMPANY OVERVIEW
TABLE 251 SUNLIGHT: PRODUCT OFFERINGS
10.1.16 TAB
TABLE 252 TAB: COMPANY OVERVIEW
TABLE 253 TAB: PRODUCT OFFERINGS
TABLE 254 TAB: DEALS
10.1.17 RELION
TABLE 255 RELION: BUSINESS OVERVIEW
TABLE 256 RELION: PRODUCT OFFERINGS
TABLE 257 RELION: PRODUCT LAUNCHES
TABLE 258 RELION: DEALS
TABLE 259 RELION: OTHERS
10.1.18 ONECHARGE
TABLE 260 ONECHARGE: BUSINESS OVERVIEW
TABLE 261 ONECHARGE: PRODUCT OFFERINGS
TABLE 262 ONECHARGE: DEALS
TABLE 263 ONECHARGE: PRODUCT LAUNCHES
TABLE 264 ONECHARGE: OTHERS
10.1.19 RITAR INTERNATIONAL GROUP
TABLE 265 RITAR INTERNATIONAL GROUP: COMPANY OVERVIEW
TABLE 266 RITAR INTERNATIONAL GROUP: PRODUCT OFFERINGS
TABLE 267 RITAR INTERNATIONAL GROUP: OTHERS
10.1.20 U.S. BATTERY MFG.
TABLE 268 U.S. BATTERY MFG.: COMPANY OVERVIEW
TABLE 269 U.S. BATTERY MFG.: PRODUCT OFFERINGS
10.2 OTHER PLAYERS
10.2.1 AMARON BATTERIES
TABLE 270 AMARON BATTERIES: COMPANY OVERVIEW
10.2.2 SAFT GROUPE
TABLE 271 SAFT GROUPE: COMPANY OVERVIEW
10.2.3 ROLLS BATTERY
TABLE 272 ROLLS BATTERY: COMPANY OVERVIEW
10.2.4 VICTRON ENERGY
TABLE 273 VICTRON ENERGY: COMPANY OVERVIEW
10.2.5 NORTHVOLT AB
TABLE 274 NORTHVOLT AB: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 ADJACENT MARKETS
11.1 INTRODUCTION
11.2 LIMITATIONS
11.3 BATTERY ENERGY STORAGE SYSTEM MARKET
11.3.1 MARKET DEFINITION
11.3.2 MARKET OVERVIEW
11.4 BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION
TABLE 275 LITHIUM-ION BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 276 LITHIUM-ION BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 277 LEAD-ACID BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 278 LEAD-ACID BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 279 FLOW BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 280 FLOW BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 281 OTHER BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 282 OTHER BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
11.4.1 NORTH AMERICA
11.4.1.1 By country
TABLE 283 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 284 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 285 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 286 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 287 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 288 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
11.4.2 EUROPE
11.4.2.1 By country
TABLE 289 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 290 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 291 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 292 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 293 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 294 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
11.4.3 ASIA PACIFIC
11.4.3.1 By country
TABLE 295 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 296 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 297 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 298 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 299 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 300 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
11.4.4 REST OF THE WORLD (ROW)
11.4.4.1 By region
TABLE 301 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 302 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 303 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 304 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 305 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 306 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 INDUSTRIAL BATTERIES MARKET: SEGMENTATION
1.3.2 REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 UNIT CONSIDERED
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 INDUSTRIAL BATTERIES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 5 METHODOLOGY FOR DEMAND-SIDE SIZING OF
INDUSTRIAL BATTERIES MARKET (1/2)
FIGURE 6 METHODOLOGY FOR SUPPLY-SIDE SIZING OF
INDUSTRIAL BATTERIES MARKET (2/2)
2.3 DATA TRIANGULATION
FIGURE 7 INDUSTRIAL BATTERIES MARKET: DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
2.5.1 LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY
FIGURE 8 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE
FIGURE 9 STATIONARY END-USE INDUSTRY ESTIMATED TO ACCOUNT
FOR LARGER SHARE OF INDUSTRIAL BATTERIES MARKET IN 2022
FIGURE 10 NORTH AMERICA ESTIMATED TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL BATTERIES MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL BATTERIES MARKET
FIGURE 11 DEMAND FOR INDUSTRIAL BATTERIES TO INCREASE IN ASIA PACIFIC DURING FORECAST PERIOD
4.2 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE
FIGURE 12 OTHER BATTERY TYPES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
4.3 INDUSTRIAL BATTERIES MARKET SIZE, BY STATIONARY END-USE INDUSTRY
FIGURE 13 TELECOMMUNICATION SEGMENT ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022
4.4 INDUSTRIAL BATTERIES MARKET IN EUROPE, BY BATTERY TYPE AND COUNTRY
FIGURE 14 LEAD-ACID SEGMENT AND GERMANY ESTIMATED TO ACCOUNT FOR LARGEST SHARES IN EUROPE INDUSTRIAL BATTERIES MARKET IN 2022
4.5 INDUSTRIAL BATTERIES MARKET, BY REGION & BATTERY TYPE, IN 2022
FIGURE 15 LITHIUM-ION BATTERY TYPE ESTIMATED TO ACCOUNT FOR LARGEST SHARE IN ASIA PACIFIC IN 2022
4.6 INDUSTRIAL BATTERIES MARKET: MAJOR COUNTRIES
FIGURE 16 INDIA TO BE FASTEST-GROWING COUNTRY IN INDUSTRIAL BATTERIES MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN INDUSTRIAL BATTERIES MARKET
5.2.1 DRIVERS
5.2.1.1 Rising adoption of lithium-ion batteries in renewable energy sector
5.2.1.2 Increasing demand for grid energy storage systems owing to ongoing grid modernization
5.2.2 RESTRAINTS
5.2.2.1 Availability of low-cost substitutes
5.2.2.2 Issues related to transportation and storage of used or spent batteries
5.2.3 OPPORTUNITIES
5.2.3.1 Advancements in telecommunication sector
5.2.3.2 Increasing battery innovation initiatives by established players
5.2.4 CHALLENGES
5.2.4.1 Limited usage and overheating issues of industrial batteries
5.2.4.2 Disruptions in supply chain due to COVID-19 pandemic
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 18 INDUSTRIAL BATTERIES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.1 BARGAINING POWER OF SUPPLIERS
5.3.2 BARGAINING POWER OF BUYERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 THREAT OF SUBSTITUTES
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
TABLE 1 PORTER’S FIVE FORCES ANALYSIS
5.4 MACROECONOMIC INDICATORS
5.4.1 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES
TABLE 2 PROJECTED REAL GDP GROWTH (ANNUAL PERCENT CHANGE) OF KEY COUNTRIES
5.5 IMPACT OF COVID-19
5.5.1 INTRODUCTION
5.5.2 DISRUPTIONS IN INDUSTRY
5.5.3 CHANGES IN STRATEGIES TO OVERCOME SUPPLY CHAIN CONSTRAINTS
5.5.4 NEW MARKET OPPORTUNITIES/GROWTH OPPORTUNITIES
5.6 CASE STUDY ANALYSIS
5.6.1 COLLABORATION BETWEEN NEXCHARGE AND TATA POWER DELHI DISTRIBUTION (TPDDL) LAUNCHED GRID-CONNECTED LITHIUM-ION BATTERY ENERGY STORAGE SYSTEM
5.6.2 DEPLOYMENT OF OFF-GRID BATTERY ENERGY STORAGE SYSTEMS FOR RENEWABLE ENERGY PROJECT
5.6.3 SAFT GROUP’S LITHIUM-ION BATTERIES USED IN IOT PLATFORM
5.7 TECHNOLOGY ANALYSIS
5.7.1 LITHIUM METAL BATTERY
5.7.2 LITHIUM-SULFUR BATTERIES
5.7.3 SODIUM-SULFUR BATTERIES
5.7.4 COBALT-FREE BATTERIES
5.7.5 METAL-AIR BATTERIES
5.7.6 LIQUID-METAL BATTERIES
5.7.7 POTASSIUM METAL BATTERIES
5.7.8 ZINC MANGANESE BATTERIES
5.7.9 VANADIUM-FLOW BATTERIES
5.7.10 GOLD NANOWIRE GEL ELECTROLYTE BATTERIES
5.8 VALUE CHAIN ANALYSIS
FIGURE 19 VALUE CHAIN ANALYSIS: INDUSTRIAL BATTERIES MARKET
5.9 AVERAGE SELLING PRICE ANALYSIS, BY END-USE INDUSTRY
TABLE 3 INDUSTRIAL BATTERIES MARKET: AVERAGE SELLING PRICE ANALYSIS, 2018–2021, (USD/ KWH)
TABLE 4 INDUSTRIAL BATTERIES MARKET: AVERAGE SELLING
PRICE ANALYSIS, 2022–2027, (USD/KWH)
5.10 TARIFF AND REGULATORY LANDSCAPE
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11 ECOSYSTEM
FIGURE 20 INDUSTRIAL BATTERIES MARKET: ECOSYSTEM
5.12 KEY CONFERENCES & EVENTS IN 2022–2023
TABLE 9 BATTERY ENERGY STORAGE SYSTEM MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.13 TRADE ANALYSIS
TABLE 10 LITHIUM-ION BATTERY IMPORT DATA FOR TOP COUNTRIES, 2017–2021 (USD)
TABLE 11 LITHIUM-ION BATTERY EXPORT DATA FOR TOP COUNTRIES, 2017–2021 (USD)
5.14 KEY STAKEHOLDERS & BUYING CRITERIA
5.14.1 INTRODUCTION
5.14.2 KEY STAKEHOLDERS IN BUYING PROCESS
TABLE 12 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR
TOP THREE END USES (%)
FIGURE 21 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.14.3 BUYING CRITERIA
FIGURE 22 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
TABLE 13 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
5.15 PATENT ANALYSIS
5.15.1 INTRODUCTION
5.15.2 METHODOLOGY
5.15.3 DOCUMENT TYPE
FIGURE 23 PATENT APPLICATIONS ACCOUNTED FOR 51.5% SHARE DURING LAST TEN YEARS
TABLE 14 PATENT ANALYSIS DURING LAST TEN YEARS
FIGURE 24 PUBLICATION TRENDS FOR LAST TEN YEARS
5.15.4 INSIGHTS
5.15.5 LEGAL STATUS OF PATENTS
FIGURE 25 PATENT LEGAL STATUS
FIGURE 26 JURISDICTION ANALYSIS
5.15.6 TOP COMPANIES/ APPLICANTS
FIGURE 27 TOP COMPANY APPLICANTS WITH HIGHEST NUMBER OF PATENTS
TABLE 15 LIST OF PATENTS BY GS YUASA INTERNATIONAL LIMITED
TABLE 16 LIST OF PATENTS BY CHAOWEI POWER CO.LTD.
TABLE 17 LIST OF PATENTS BY LEOCH BATTERY CO. LTD.
TABLE 18 TOP TEN PATENT OWNERS (US) DURING LAST TEN Y EARS
5.16 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
6 INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE
6.1 INTRODUCTION
FIGURE 28 LEAD-ACID BATTERY SEGMENT PROJECTED TO LEAD INDUSTRIAL BATTERIES MARKET DURING FORECAST PERIOD
TABLE 19 INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 20 INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
6.2 LEAD-ACID
6.2.1 INCREASING ADOPTION OF LEAD-ACID BATTERIES IN GRID ENERGY STORAGE
TABLE 21 LEAD-ACID BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 22 LEAD-ACID BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 23 LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 24 LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 25 LEAD-ACID BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 26 LEAD-ACID BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 27 STATIONARY LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 28 STATIONARY LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 29 LEAD-ACID BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 30 LEAD-ACID BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 31 MOTIVE LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 32 MOTIVE LEAD-ACID BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
6.3 LITHIUM-ION
6.3.1 DECREASE IN PRICES TO INCREASE DEMAND FOR LITHIUM-ION BATTERIES
TABLE 33 LITHIUM-ION BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 34 LITHIUM-ION BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 35 LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 36 LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 37 LITHIUM-ION BATTERY MARKET SIZE, BY STATIONARY
END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 38 LITHIUM-ION BATTERY MARKET SIZE, BY STATIONARY
END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 39 STATIONARY LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 40 STATIONARY LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 41 LITHIUM-ION BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 42 LITHIUM-ION BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 43 MOTIVE LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 44 MOTIVE LITHIUM-ION BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
6.4 OTHERS
6.4.1 LESS EXPENSIVE BATTERIES TO DRIVE DEMAND
TABLE 45 OTHERS BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 46 OTHERS BATTERY MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 47 OTHERS BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 48 OTHERS BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 49 OTHERS BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 50 OTHERS BATTERY MARKET SIZE, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 51 STATIONARY OTHERS BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 52 STATIONARY OTHERS BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 53 OTHERS BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 54 OTHERS BATTERY MARKET SIZE, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 55 MOTIVE OTHERS BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 56 MOTIVE OTHERS BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7 INDUSTRIAL BATTERIES MARKET, MARKET BY END-USE INDUSTRY
7.1 INTRODUCTION
FIGURE 29 STATIONARY END-USE INDUSTRY PROJECTED TO LEAD INDUSTRIAL BATTERIES MARKET BETWEEN 2022 AND 2027
TABLE 57 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 58 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 59 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (GWH)
TABLE 60 INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (GWH)
7.2 STATIONARY INDUSTRIAL BATTERIES
FIGURE 30 ASIA PACIFIC PROJECTED TO LEAD STATIONARY END-USE INDUSTRY SEGMENT OF INDUSTRIAL BATTERIES MARKET BETWEEN 2022 AND 2027
TABLE 61 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 62 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 63 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 64 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY REGION,
2022–2027 (USD MILLION)
TABLE 65 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 66 STATIONARY INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
7.2.1 TELECOMMUNICATION
TABLE 67 TELECOMMUNICATION BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 68 TELECOMMUNICATION BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 69 TELECOMMUNICATION BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 70 TELECOMMUNICATION BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.2.2 UNINTERRUPTIBLE POWER SUPPLY (UPS)/BACKUP
TABLE 71 UPS BATTERIES MARKET SIZE, BY DATA CENTER TYPE, 2018–2021 (USD MILLION)
TABLE 72 UPS BATTERIES MARKET SIZE, BY DATA CENTER TYPE, 2022–2027 (USD MILLION)
TABLE 73 UPS BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 74 UPS BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 75 UPS BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 UPS BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.2.3 GRID LEVEL
TABLE 77 GRID LEVEL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 78 GRID LEVEL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 79 GRID LEVEL BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 80 GRID LEVEL BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3 MOTIVE INDUSTRIAL BATTERY
FIGURE 31 NORTH AMERICA PROJECTED TO LEAD MOTIVE INDUSTRIAL BATTERY SEGMENT OF INDUSTRIAL BATTERIES MARKET BETWEEN 2022 AND 2027
TABLE 81 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 82 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 83 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 84 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
TABLE 85 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 86 MOTIVE INDUSTRIAL BATTERIES MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
7.3.1 LOW SPEED ELECTRIC VEHICLES
TABLE 87 LSEV BATTERY MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 88 LSEV BATTERY MARKET SIZE, BY APPLICATION, 2022–2027 (USD MILLION)
TABLE 89 LSEV BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 90 LSEV BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 91 LSEV BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 92 LSEV BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.2 FLOOR SCRUBBERS
TABLE 93 FLOOR SCRUBBER BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 94 FLOOR SCRUBBER BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 95 FLOOR SCRUBBER BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 96 FLOOR SCRUBBER BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.3 MATERIAL HANDLING
TABLE 97 MATERIAL HANDLING BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 98 MATERIAL HANDLING BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 99 MATERIAL HANDLING BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 100 MATERIAL HANDLING BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.4 MARINE
TABLE 101 MARINE BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 102 MARINE BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 103 MARINE BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 104 MARINE BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
7.3.5 RECREATIONAL VEHICLES
TABLE 105 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 106 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 107 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
TABLE 108 RECREATIONAL VEHICLE BATTERY MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
8 INDUSTRIAL BATTERIES MARKET, BY REGION
8.1 INTRODUCTION
FIGURE 32 NORTH AMERICA IS EXPECTED TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
TABLE 109 GLOBAL: INDUSTRIAL BATTERIES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 110 GLOBAL: INDUSTRIAL BATTERIES MARKET, BY REGION, 2022–2027 (USD MILLION)
8.2 NORTH AMERICA
FIGURE 33 NORTH AMERICA INDUSTRIAL BATTERIES MARKET SNAPSHOT, 2021
TABLE 111 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 112 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 113 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 114 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 115 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 116 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 117 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 118 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 119 NORTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 120 NORTH AMERICA: INDUTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.2.1 US
8.2.1.1 Demand for batteries in grid level energy storage expected to fuel demand for industrial batteries
TABLE 121 US: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 122 US: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.2.2 CANADA
8.2.2.1 Industrial batteries market expected to grow due to high demand from telecom industry
TABLE 123 CANADA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 124 CANADA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.2.3 MEXICO
8.2.3.1 Demand for industrial batteries attributed to expanding domestic automotive industry
TABLE 125 MEXICO: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 126 MEXICO: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3 ASIA PACIFIC
FIGURE 34 ASIA PACIFIC MARKET: SNAPSHOT
TABLE 127 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 128 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 129 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 130 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 131 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 132 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 133 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 134 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 135 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 136 ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.3.1 CHINA
8.3.1.1 China accounts for largest share of market in Asia Pacific
TABLE 137 CHINA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 138 CHINA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3.2 JAPAN
8.3.2.1 Expansion of R&D resources by battery giants supporting market growth
TABLE 139 JAPAN: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 140 JAPAN: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3.3 INDIA
8.3.3.1 Rising adoption of electric transport expected to drive market
TABLE 141 INDIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 142 INDIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.3.4 REST OF ASIA PACIFIC
TABLE 143 REST OF ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 144 REST OF ASIA PACIFIC: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4 EUROPE
FIGURE 35 EUROPE MARKET: SNAPSHOT
TABLE 145 EUROPE: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 146 EUROPE: INDUTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 147 EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 148 EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 149 EUROPE: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 150 EUROPE: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 151 EUROPE: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 152 EUROPE: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 153 EUROPE: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 154 EUROPE: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.4.1 GERMANY
8.4.1.1 Increasing expansion of residential storage sector
to boost market growth
TABLE 155 GERMANY: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 156 GERMANY: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4.2 UK
8.4.2.1 Government initiatives for growth of EV industry to support market growth
TABLE 157 UK: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 158 UK: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4.3 FRANCE
8.4.3.1 Surging penetration of renewable energy boosting market growth in France
TABLE 159 FRANCE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 160 FRANCE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.4.4 REST OF EUROPE
TABLE 161 REST OF EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 162 REST OF EUROPE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5 MIDDLE EAST & AFRICA
TABLE 163 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 164 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 165 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 166 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 167 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 168 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 169 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 170 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 171 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 172 MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.5.1 SAUDI ARABIA
8.5.1.1 Growing economy expected to boost demand for industrial batteries
TABLE 173 SAUDI ARABIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 174 SAUDI ARABIA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5.2 UAE
8.5.2.1 Growth of telecom & data communication sector to drive market
TABLE 175 UAE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 176 UAE: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5.3 SOUTH AFRICA
8.5.3.1 Rising demand for portable devices expected to fuel demand for industrial batteries
TABLE 177 SOUTH AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 178 SOUTH AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.5.4 REST OF MIDDLE EAST & AFRICA
TABLE 179 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 180 REST OF MIDDLE EAST & AFRICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.6 SOUTH AMERICA
TABLE 181 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 182 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 183 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 184 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 185 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2018–2021 (USD MILLION)
TABLE 186 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY MOTIVE APPLICATION, 2022–2027 (USD MILLION)
TABLE 187 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 188 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY STATIONARY END-USE INDUSTRY, 2022–2027 (USD MILLION)
TABLE 189 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 190 SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
8.6.1 BRAZIL
8.6.1.1 Rising demand for consumer and automotive batteries expected to increase demand
TABLE 191 BRAZIL: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)
TABLE 192 BRAZIL: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY, 2022–2027 (USD MILLION)
8.6.2 REST OF SOUTH AMERICA
TABLE 193 REST OF SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY,2018–2021 (USD MILLION)
TABLE 194 REST OF SOUTH AMERICA: INDUSTRIAL BATTERIES MARKET, BY END-USE INDUSTRY,2022–2027 (USD MILLION)
9 COMPETITIVE LANDSCAPE
9.1 INTRODUCTION
TABLE 195 KEY DEVELOPMENTS IN INDUSTRIAL BATTERIES MARKET (2020–2022)
9.1.1 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 36 INDUSTRIAL BATTERIES MARKET: REVENUE ANALYSIS (2020)
9.2 MARKET SHARE ANALYSIS OF TOP PLAYERS, 2021
TABLE 196 INDUSTRIAL BATTERIES MARKET: DEGREE OF COMPETITION
9.3 COMPANY EVALUATION QUADRANT, 2021
9.3.1 STAR
9.3.2 EMERGING LEADER
9.3.3 PERVASIVE
9.3.4 PARTICIPANT
FIGURE 37 INDUSTRIAL BATTERIES MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2021
9.4 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2021
9.4.1 PROGRESSIVE COMPANY
9.4.2 RESPONSIVE COMPANY
9.4.3 DYNAMIC COMPANY
9.4.4 STARTING BLOCK
FIGURE 38 INDUSTRIAL BATTERIES MARKET (GLOBAL): SME EVALUATION QUADRANT, 2021
9.5 INDUSTRIAL BATTERIES MARKET: STARTUP MATRIX
TABLE 197 INDUSTRIAL BATTERIES MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 198 INDUSTRIAL BATTERIES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
9.6 INDUSTRIAL BATTERIES MARKET: COMPANY FOOTPRINT
TABLE 199 COMPANY FOOTPRINT: BY END-USE INDUSTRY
TABLE 200 COMPANY FOOTPRINT: BY REGION
TABLE 201 COMPANY FOOTPRINT
9.7 COMPETITIVE SCENARIO AND TRENDS
9.7.1 PRODUCT LAUNCHES
TABLE 202 INDUSTRIAL BATTERIES MARKET: PRODUCT LAUNCHES, FEBRUARY 2020–JANUARY 2022
9.7.2 DEALS
TABLE 203 INDUSTRIAL BATTERIES MARKET: DEALS, FEBRUARY 2020–JANUARY 202
9.7.3 OTHERS
TABLE 204 INDUSTRIAL BATTERIES MARKET: OTHERS, FEBRUARY 2020–JANUARY 2022
10 COMPANY PROFILES
10.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
10.1.1 ENERSYS INC.
TABLE 205 ENERSYS, INC.: COMPANY OVERVIEW
FIGURE 39 ENERSYS, INC.: COMPANY SNAPSHOT
TABLE 206 ENERSYS, INC.: PRODUCT OFFERINGS
TABLE 207 ENERSYS, INC.: PRODUCT LAUNCHES
TABLE 208 ENERSYS, INC.: OTHER DEVELOPMENTS
10.1.2 C&D TECHNOLOGIES, INC.
TABLE 209 C&D TECHNOLOGIES, INC.: COMPANY OVERVIEW
TABLE 210 C&D TECHNOLOGIES, INC.: PRODUCT OFFERINGS
10.1.3 GS YUASA CORPORATION
TABLE 211 GS YUASA CORPORATION: COMPANY OVERVIEW
FIGURE 40 GS YUASA CORPORATION: COMPANY SNAPSHOT
TABLE 212 GS YUASA CORPORATION: PRODUCT OFFERINGS
TABLE 213 GS YUASA CORPORATION: PRODUCT LAUNCHES
TABLE 214 GS YUASA CORPORATION: DEALS
TABLE 215 GS YUASA CORPORATION: OTHERS
10.1.4 EXIDE INDUSTRIES
TABLE 216 EXIDE INDUSTRIES: COMPANY OVERVIEW
FIGURE 41 EXIDE INDUSTRIES: COMPANY SNAPSHOT
TABLE 217 EXIDE INDUSTRIES: PRODUCT OFFERINGS
TABLE 218 EXIDE INDUSTRIES: OTHERS
10.1.5 CROWN BATTERY
TABLE 219 CROWN BATTERY: COMPANY OVERVIEW
TABLE 220 CROWN BATTERY: PRODUCT OFFERINGS
10.1.6 EAST PENN MANUFACTURING COMPANY
TABLE 221 EAST PENN MANUFACTURING: COMPANY OVERVIEW
TABLE 222 EAST PENN MANUFACTURING: PRODUCT OFFERINGS
TABLE 223 EAST PENN MANUFACTURING: PRODUCT LAUNCHES
10.1.7 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.
TABLE 224 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.: COMPANY OVERVIEW
FIGURE 42 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.: COMPANY SNAPSHOT
TABLE 225 LEOCH INTERNATIONAL TECHNOLOGY LIMITED INC.: PRODUCT OFFERINGS
10.1.8 SAMSUNG SDI CO., LTD.
TABLE 226 SAMSUNG SDI CO., LTD.: COMPANY OVERVIEW
FIGURE 43 SAMSUNG SDI CO., LTD.: COMPANY SNAPSHOT
TABLE 227 SAMSUNG SDI CO., LTD.: PRODUCT OFFERINGS
TABLE 228 SAMSUNG SDI CO., LTD.: PRODUCT LAUNCHES
10.1.9 SK INNOVATION
TABLE 229 SK INNOVATION: COMPANY OVERVIEW
FIGURE 44 SK INNOVATION: COMPANY SNAPSHOT
TABLE 230 SK INNOVATION: PRODUCT OFFERINGS
TABLE 231 SK INNOVATION: DEALS
TABLE 232 SK INNOVATION: OTHERS
10.1.10 NARADA POWER
TABLE 233 NARADA POWER: COMPANY OVERVIEW
TABLE 234 NARADA POWER: PRODUCT OFFERINGS
TABLE 235 NARADA POWER: PRODUCT LAUNCHES
TABLE 236 NARADA POWER: DEALS
10.1.11 VISION GROUP
TABLE 237 VISION GROUP: COMPANY OVERVIEW
TABLE 238 VISION GROUP: PRODUCT OFFERINGS
TABLE 239 VISION GROUP: PRODUCT LAUNCHES
10.1.12 LG CHEM
TABLE 240 LG CHEM: COMPANY OVERVIEW
FIGURE 45 LG CHEM: COMPANY SNAPSHOT
TABLE 241 LG CHEM: PRODUCT OFFERINGS
TABLE 242 LG CHEM: PRODUCT LAUNCHES
TABLE 243 LG CHEM: DEALS
10.1.13 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED
TABLE 244 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED: COMPANY OVERVIEW
FIGURE 46 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 245 YUASA BATTERY (THAILAND) PUBLIC COMPANY LIMITED: PRODUCT OFFERINGS
10.1.14 HOPPECKE
TABLE 246 HOPPECKE: COMPANY OVERVIEW
TABLE 247 HOPPECKE: PRODUCT OFFERINGS
TABLE 248 HOPPECKE: PRODUCT LAUNCHES
TABLE 249 HOPPECKE: DEALS
10.1.15 SUNLIGHT
TABLE 250 SUNLIGHT: COMPANY OVERVIEW
TABLE 251 SUNLIGHT: PRODUCT OFFERINGS
10.1.16 TAB
TABLE 252 TAB: COMPANY OVERVIEW
TABLE 253 TAB: PRODUCT OFFERINGS
TABLE 254 TAB: DEALS
10.1.17 RELION
TABLE 255 RELION: BUSINESS OVERVIEW
TABLE 256 RELION: PRODUCT OFFERINGS
TABLE 257 RELION: PRODUCT LAUNCHES
TABLE 258 RELION: DEALS
TABLE 259 RELION: OTHERS
10.1.18 ONECHARGE
TABLE 260 ONECHARGE: BUSINESS OVERVIEW
TABLE 261 ONECHARGE: PRODUCT OFFERINGS
TABLE 262 ONECHARGE: DEALS
TABLE 263 ONECHARGE: PRODUCT LAUNCHES
TABLE 264 ONECHARGE: OTHERS
10.1.19 RITAR INTERNATIONAL GROUP
TABLE 265 RITAR INTERNATIONAL GROUP: COMPANY OVERVIEW
TABLE 266 RITAR INTERNATIONAL GROUP: PRODUCT OFFERINGS
TABLE 267 RITAR INTERNATIONAL GROUP: OTHERS
10.1.20 U.S. BATTERY MFG.
TABLE 268 U.S. BATTERY MFG.: COMPANY OVERVIEW
TABLE 269 U.S. BATTERY MFG.: PRODUCT OFFERINGS
10.2 OTHER PLAYERS
10.2.1 AMARON BATTERIES
TABLE 270 AMARON BATTERIES: COMPANY OVERVIEW
10.2.2 SAFT GROUPE
TABLE 271 SAFT GROUPE: COMPANY OVERVIEW
10.2.3 ROLLS BATTERY
TABLE 272 ROLLS BATTERY: COMPANY OVERVIEW
10.2.4 VICTRON ENERGY
TABLE 273 VICTRON ENERGY: COMPANY OVERVIEW
10.2.5 NORTHVOLT AB
TABLE 274 NORTHVOLT AB: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
11 ADJACENT MARKETS
11.1 INTRODUCTION
11.2 LIMITATIONS
11.3 BATTERY ENERGY STORAGE SYSTEM MARKET
11.3.1 MARKET DEFINITION
11.3.2 MARKET OVERVIEW
11.4 BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION
TABLE 275 LITHIUM-ION BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 276 LITHIUM-ION BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 277 LEAD-ACID BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 278 LEAD-ACID BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 279 FLOW BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 280 FLOW BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 281 OTHER BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 282 OTHER BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
11.4.1 NORTH AMERICA
11.4.1.1 By country
TABLE 283 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 284 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 285 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 286 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 287 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 288 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
11.4.2 EUROPE
11.4.2.1 By country
TABLE 289 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 290 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 291 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 292 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 293 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 294 EUROPE: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
11.4.3 ASIA PACIFIC
11.4.3.1 By country
TABLE 295 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 296 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 297 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 298 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 299 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 300 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
11.4.4 REST OF THE WORLD (ROW)
11.4.4.1 By region
TABLE 301 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 302 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 303 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2018–2021 (USD MILLION)
TABLE 304 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE, 2022–2027 (USD MILLION)
TABLE 305 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 306 REST OF THE WORLD: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
12 APPENDIX
12.1 INSIGHTS OF INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS
12.6 AUTHOR DETAILS
