Global Industrial Battery Market 2022-2030 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
- Report ID: 29826
- Date: Jun, 2022
- Pages: 64
- Category: Energy & Power
Global industrial battery market will reach $25.73 billion by 2030, growing by 8.9% annually over 2020-2030 driven by the growing scope for industrial equipment, stringent environmental regulations, reduced labor costs associated with battery recycling, and advancements in battery technology.
Highlighted with 64 tables and 64 figures, this 141-page report “Global Industrial Battery Market 2020-2030 by Battery Type (Lithium-based, Lead Acid, Nickel-Based, Others), Application (Industrial Equipment, Telecom & Data Communication, UPS, Grid-Level Energy Storage, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global industrial battery market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global industrial battery market in every aspect of the classification from perspectives of Battery Type, Application, and Region.
Based on Battery Type, the global market is segmented into the following sub-markets with annual revenue ($ 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 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
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.
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
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Global Market by Battery Type 40
3.1 Market Overview by Battery Type 40
3.2 Lithium-based Batteries 42
3.3 Lead Acid Batteries 43
3.4 Nickel-Based Batteries 44
3.5 Other Battery Types 45
4 Segmentation of Global Market by Application 46
4.1 Market Overview by Application 46
4.2 Industrial Equipment 48
4.3 Telecom & Data Communication 49
4.4 Uninterrupted Power Supply (UPS) 50
4.5 Grid-Level Energy Storage 51
4.6 Other Applications 52
5 Segmentation of Global Market by Region 53
5.1 Geographic Market Overview 2019-2030 53
5.2 North America Market 2019-2030 by Country 57
5.2.1 Overview of North America Market 57
5.2.2 U.S. 61
5.2.3 Canada 64
5.2.4 Mexico 66
5.3 European Market 2019-2030 by Country 68
5.3.1 Overview of European Market 68
5.3.2 Germany 72
5.3.3 U.K. 74
5.3.4 France 76
5.3.5 Spain 78
5.3.6 Italy 80
5.3.7 Russia 82
5.3.8 Rest of European Market 84
5.4 Asia-Pacific Market 2019-2030 by Country 86
5.4.1 Overview of Asia-Pacific Market 86
5.4.2 Japan 90
5.4.3 China 93
5.4.4 Australia 95
5.4.5 India 97
5.4.6 South Korea 99
5.4.7 Rest of APAC Region 101
5.5 South America Market 2019-2030 by Country 103
5.5.1 Argentina 106
5.5.2 Brazil 108
5.5.3 Chile 110
5.5.4 Rest of South America Market 112
5.6 MEA Market 2019-2030 by Country 113
5.6.1 UAE 116
5.6.2 Saudi Arabia 118
5.6.3 South Africa 120
5.6.4 Other National Markets 122
6 Competitive Landscape 123
6.1 Overview of Key Vendors 123
6.2 New Product Launch, Partnership, Investment, and M&A 127
6.3 Company Profiles 128
Active Spectrum (Bruker) 128
Amara Raja Batteries Ltd 130
C&D Technologies Inc. 131
East Penn Manufacturing Company Inc. 132
EnerSys 133
Exide Industries Ltd 134
GS Yuasa Corporation 135
Johnson Controls Inc. 136
LG Chem. 137
Panasonic Corporation 138
Robert Bosch GmbH 139
Saft Groupe SA 140
RELATED REPORTS 141
List of Tables
Table 1. Snapshot of Global Industrial Battery Market in Balanced Perspective, 2019-2030 18
Table 2. Growth Rate of World GDP, 2020-2022 21
Table 3. World Mine Production of Cobalt, 2015-2019, thousand metric tons (metal content) 28
Table 4. World Mine Production of Lead, 2015-2019, million metric tons (metal content) 28
Table 5. World Mine Production of Lithium Minerals, 2015-2019, thousand metric tons (metal content) 28
Table 6. World Mine Production of Nickel, 2015-2019, million metric tons (metal content) 28
Table 7. World Mine Production of Cadmium, 2015-2019, thousand metric tons (metal content) 28
Table 8. Main Product Trends and Market Opportunities in Global Industrial Battery Market 32
Table 9. Global Industrial Battery Market by Battery Type, 2019-2030, $ mn 40
Table 10. Global Industrial Battery Market by Application, 2019-2030, $ mn 46
Table 11. Global Industrial Battery Market by Region, 2019-2030, $ mn 54
Table 12. Leading National Industrial Battery Market, 2019 and 2030F, $ mn 56
Table 13. North America Industrial Battery Market by Country, 2019-2030, $ mn 59
Table 14. U.S. Industrial Battery Market by Battery Type, 2019-2030, $ mn 63
Table 15. U.S. Industrial Battery Market by Application, 2019-2030, $ mn 63
Table 16. Canada Industrial Battery Market by Battery Type, 2019-2030, $ mn 65
Table 17. Canada Industrial Battery Market by Application, 2019-2030, $ mn 65
Table 18. Mexico Industrial Battery Market by Battery Type, 2019-2030, $ mn 67
Table 19. Mexico Industrial Battery Market by Application, 2019-2030, $ mn 67
Table 20. Europe Industrial Battery Market by Country, 2019-2030, $ mn 71
Table 21. Germany Industrial Battery Market by Battery Type, 2019-2030, $ mn 73
Table 22. Germany Industrial Battery Market by Application, 2019-2030, $ mn 73
Table 23. U.K. Industrial Battery Market by Battery Type, 2019-2030, $ mn 75
Table 24. U.K. Industrial Battery Market by Application, 2019-2030, $ mn 75
Table 25. France Industrial Battery Market by Battery Type, 2019-2030, $ mn 77
Table 26. France Industrial Battery Market by Application, 2019-2030, $ mn 77
Table 27. Spain Industrial Battery Market by Battery Type, 2019-2030, $ mn 79
Table 28. Spain Industrial Battery Market by Application, 2019-2030, $ mn 79
Table 29. Italy Industrial Battery Market by Battery Type, 2019-2030, $ mn 81
Table 30. Italy Industrial Battery Market by Application, 2019-2030, $ mn 81
Table 31. Russia Industrial Battery Market by Battery Type, 2019-2030, $ mn 83
Table 32. Russia Industrial Battery Market by Application, 2019-2030, $ mn 83
Table 33. Industrial Battery Market in Rest of Europe by Country, 2019-2030, $ mn 85
Table 34. APAC Industrial Battery Market by Country, 2019-2030, $ mn 88
Table 35. Japan Industrial Battery Market by Battery Type, 2019-2030, $ mn 92
Table 36. Japan Industrial Battery Market by Application, 2019-2030, $ mn 92
Table 37. China Industrial Battery Market by Battery Type, 2019-2030, $ mn 94
Table 38. China Industrial Battery Market by Application, 2019-2030, $ mn 94
Table 39. Australia Industrial Battery Market by Battery Type, 2019-2030, $ mn 96
Table 40. Australia Industrial Battery Market by Application, 2019-2030, $ mn 96
Table 41. India Industrial Battery Market by Battery Type, 2019-2030, $ mn 98
Table 42. India Industrial Battery Market by Application, 2019-2030, $ mn 98
Table 43. South Korea Industrial Battery Market by Battery Type, 2019-2030, $ mn 100
Table 44. South Korea Industrial Battery Market by Application, 2019-2030, $ mn 100
Table 45. Industrial Battery Market in Rest of APAC by Country/Region, 2019-2030, $ mn 102
Table 46. South America Industrial Battery Market by Country, 2019-2030, $ mn 105
Table 47. Argentina Industrial Battery Market by Battery Type, 2019-2030, $ mn 107
Table 48. Argentina Industrial Battery Market by Application, 2019-2030, $ mn 107
Table 49. Brazil Industrial Battery Market by Battery Type, 2019-2030, $ mn 109
Table 50. Brazil Industrial Battery Market by Application, 2019-2030, $ mn 109
Table 51. Chile Industrial Battery Market by Battery Type, 2019-2030, $ mn 111
Table 52. Chile Industrial Battery Market by Application, 2019-2030, $ mn 111
Table 53. MEA Industrial Battery Market by Country, 2019-2030, $ mn 115
Table 54. UAE Industrial Battery Market by Battery Type, 2019-2030, $ mn 117
Table 55. UAE Industrial Battery Market by Application, 2019-2030, $ mn 117
Table 56. Saudi Arabia Industrial Battery Market by Battery Type, 2019-2030, $ mn 119
Table 57. Saudi Arabia Industrial Battery Market by Application, 2019-2030, $ mn 119
Table 58. South Africa Industrial Battery Market by Battery Type, 2019-2030, $ mn 121
Table 59. South Africa Industrial Battery Market by Application, 2019-2030, $ mn 121
Table 60. Breakdown of World Market by Key Vendor, 2020, % 125
Table 61. Active Spectrum (Bruker): Company Snapshot 128
Table 62. Active Spectrum (Bruker): Business Segmentation 128
Table 63. Active Spectrum (Bruker): Product Portfolio 129
Table 64. Active Spectrum (Bruker): Revenue, 2018-2020, $ mn 129
List of Figures
Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 17
Figure 4. Global Industrial Battery Market, 2019-2030, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Global Industrial Battery Market 25
Figure 7. Primary Restraints and Impact Factors of Global Industrial Battery Market 29
Figure 8. Investment Opportunity Analysis 33
Figure 9. Porter’s Fiver Forces Analysis of Global Industrial Battery Market 36
Figure 10. Breakdown of Global Industrial Battery Market by Battery Type, 2019-2030, % of Revenue 41
Figure 11. Global Addressable Market Cap in 2021-2030 by Battery Type, Value ($ mn) and Share (%) 41
Figure 12. Global Industrial Battery Market by Battery Type: Lithium-based Batteries, 2019-2030, $ mn 42
Figure 13. Global Industrial Battery Market by Battery Type: Lead Acid Batteries, 2019-2030, $ mn 43
Figure 14. Global Industrial Battery Market by Battery Type: Nickel-Based Batteries, 2019-2030, $ mn 44
Figure 15. Global Industrial Battery Market by Battery Type: Other Battery Types, 2019-2030, $ mn 45
Figure 16. Breakdown of Global Industrial Battery Market by Application, 2019-2030, % of Sales Revenue 47
Figure 17. Global Addressable Market Cap in 2021-2030 by Application, Value ($ mn) and Share (%) 47
Figure 18. Global Industrial Battery Market by Application: Industrial Equipment, 2019-2030, $ mn 48
Figure 19. Global Industrial Battery Market by Application: Telecom & Data Communication, 2019-2030, $ mn 49
Figure 20. Global Industrial Battery Market by Application: Uninterrupted Power Supply (UPS), 2019-2030, $ mn 50
Figure 21. Global Industrial Battery Market by Application: Grid-Level Energy Storage, 2019-2030, $ mn 51
Figure 22. Global Industrial Battery Market by Application: Other Applications, 2019-2030, $ mn 52
Figure 23. Global Market Snapshot by Region 53
Figure 24. Geographic Spread of Worldwide Industrial Battery Market, 2019-2030, % of Sales Revenue 54
Figure 25. Global Addressable Market Cap in 2021-2030 by Region, Value ($ mn) and Share (%) 55
Figure 26. North American Industrial Battery Market, 2019-2030, $ mn 58
Figure 27. Breakdown of North America Industrial Battery Market by Country, 2019 and 2030, % of Revenue 59
Figure 28. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 60
Figure 29. U.S. Industrial Battery Market, 2019-2030, $ mn 62
Figure 30. Canada Industrial Battery Market, 2019-2030, $ mn 64
Figure 31. Industrial Battery Market in Mexico, 2019-2030, $ mn 66
Figure 32. European Industrial Battery Market, 2019-2030, $ mn 69
Figure 33. Breakdown of European Industrial Battery Market by Country, 2019 and 2030, % of Revenue 70
Figure 34. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 71
Figure 35. Industrial Battery Market in Germany, 2019-2030, $ mn 72
Figure 36. Industrial Battery Market in U.K., 2019-2030, $ mn 74
Figure 37. Industrial Battery Market in France, 2019-2030, $ mn 76
Figure 38. Industrial Battery Market in Spain, 2019-2030, $ mn 78
Figure 39. Industrial Battery Market in Italy, 2019-2030, $ mn 80
Figure 40. Industrial Battery Market in Russia, 2019-2030, $ mn 82
Figure 41. Industrial Battery Market in Rest of Europe, 2019-2030, $ mn 84
Figure 42. Asia-Pacific Industrial Battery Market, 2019-2030, $ mn 87
Figure 43. Breakdown of APAC Industrial Battery Market by Country, 2019 and 2030, % of Revenue 87
Figure 44. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 89
Figure 45. Industrial Battery Market in Japan, 2019-2030, $ mn 91
Figure 46. Industrial Battery Market in China, 2019-2030, $ mn 93
Figure 47. Industrial Battery Market in Australia, 2019-2030, $ mn 95
Figure 48. Industrial Battery Market in India, 2019-2030, $ mn 97
Figure 49. Industrial Battery Market in South Korea, 2019-2030, $ mn 99
Figure 50. Industrial Battery Market in Rest of APAC, 2019-2030, $ mn 101
Figure 51. South America Industrial Battery Market, 2019-2030, $ mn 104
Figure 52. Breakdown of South America Industrial Battery Market by Country, 2019 and 2030, % of Revenue 104
Figure 53. Contribution to South America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 105
Figure 54. Industrial Battery Market in Argentina, 2019-2030, $ mn 106
Figure 55. Industrial Battery Market in Brazil, 2019-2030, $ mn 108
Figure 56. Industrial Battery Market in Chile, 2019-2030, $ mn 110
Figure 57. Industrial Battery Market in Rest of South America, 2019-2030, $ mn 112
Figure 58. Industrial Battery Market in Middle East and Africa (MEA), 2019-2030, $ mn 114
Figure 59. Breakdown of MEA Industrial Battery Market by Country, 2019 and 2030, % of Revenue 114
Figure 60. Contribution to MEA 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 115
Figure 61. Industrial Battery Market in UAE, 2019-2030, $ mn 116
Figure 62. Industrial Battery Market in Saudi Arabia, 2019-2030, $ mn 118
Figure 63. Industrial Battery Market in South Africa, 2019-2030, $ mn 120
Figure 64. Growth Stage of Global Industrial Battery Industry over the Forecast Period 123
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
Qualitative Research:
It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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