A industrial battery is a device that stores and generates electricity at a constant rate of discharge. Industrial batteries can be used to boost output of an electrical generator or power station, or to store energy during times of emergency. The Industrial Battery is a heavy duty industrial battery that is built to last. This battery is ideal for industrial applications and has an outstanding capacity of 15Ah. The Industrial BS-15 (Shunt Solder Connection) Battery Pack can handle high discharge rate, heavy loads, and continuous use. When used in conjunction with the appropriate charger, a fully charged battery can yield up to 600 cycles at 100% discharge.
Highlighted with 64 tables and 64 figures, this 141-page report “Global Industrial Battery Market 2020-2030 by Battery Type (Lithium-based, Lead Acid, Nickel-Based, Others), Application (Industrial Equipment, Telecom & Data Communication, UPS, Grid-Level Energy Storage, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global industrial battery market and all its sub-segments through extensively detailed classifications.
Global industrial battery market will reach $25.73 billion by 2030, growing by 8.9% annually over 2020-2030 driven by the growing scope for industrial equipment, stringent environmental regulations, reduced labor costs associated with battery recycling, and advancements in battery technology. The major drivers for the growth of this market are growth in demand for E-battery, growing need for movement of goods and cargo, rising number of consumer electronics consumption, use of battery or hybrid cars and growing industrialization worldwide.
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The growing demand for power backup in industrial applications like mining and oil & gas exploration has led to the development of different types of battery systems for these applications. The increasing demand for advanced energy storage applications is driving growth in the global industrial battery market.
The industrial battery market is rapidly evolving whereby the replacement of traditional lead-acid batteries is being replaced with the usage of advanced lithium-ion batteries. This change in technology has enabled power storage units to be more environmentally friendly and cost effective. In addition, it can also increase safety on sites that use electric vehicles.
Industrial batteries specialize in the production of power for large industrial and commercial applications. These batteries are used to store electrical energy generated from utility companies like hydroelectric power, nuclear power, thermal power, wind turbines, as well as solar panels.
Industrial Battery is used in a wide variety of applications, including area lighting, vehicle lighting, back-up power systems, and communications. The high energy density and long service life are ideal for use in demanding environments such as commercial weather stations.
Based on Battery Type, the global Industrial Battery Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Lithium-based Batteries
• Lead Acid Batteries
• Nickel-Based Batteries
• Other Battery Types
Based on Application, the global Industrial Battery Market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Industrial Equipment
• Telecom & Data Communication
• Uninterrupted Power Supply (UPS)
• Grid-Level Energy Storage
• Other Applications
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Active Spectrum (Bruker)
Amara Raja Batteries Ltd
C&D Technologies Inc.
East Penn Manufacturing Company Inc.
EnerSys
Exide Industries Ltd
GS Yuasa Corporation
Johnson Controls Inc.
LG Chem.
Panasonic Corporation
Robert Bosch GmbH
Saft Groupe SA
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Battery Type and Application over the forecast years are also included.
