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PUBLISHER: IMARC | PRODUCT CODE: 1702145
PUBLISHER: IMARC | PRODUCT CODE: 1702145
Industrial Batteries Market Report by Drive Type (Electric, Hydraulic, and Others), Technology (Lithium-Ion Battery, Lead-Acid Battery, and Others), Application (Forklift, Telecom, UPS, and Others), and Region 2025-2033
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The global industrial batteries market size reached USD 23.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 36.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.98% during 2025-2033.
Industrial batteries are electrochemical devices used as a power source for large, rugged equipment. They consist of cathodes, anodes and electrolyte solutions and offer resistance to vibrations and extreme temperatures. Lithium-ion, nickel-based, lithium titanate, lithium magnesium oxide and lead-based batteries are some of the commonly available variants. They are widely used in medical equipment, uninterruptible power source (UPS), safety alarms, tracking systems and automobile accessories. In comparison to the traditionally used consumer batteries, industrial variants have longer operation life and can be utilized in extreme environments and remote locations. As a result, industrial batteries are extensively used in energy, grid storage, utility, and telecommunication systems.
Industrial Batteries Market Trends:
Rapid industrialization and increasing requirement for factory automation across the globe are among the key factors driving the growth of the market. The rising requirement for continuous and reliable sources of energy is leading to the widespread adoption of industrial batteries to power heavy-duty equipment. Additionally, the increasing utilization of lithium-ion (Li-ion) batteries across industries is favouring the market growth. Li-ion batteries are widely used in surveillance and alarm systems, industrial electronics, and solar power backup storage systems. Moreover, various product innovations, such as the launch of green industrial batteries that assist in reducing carbon footprint and are environmentally friendly, are providing a thrust to the market growth. In line with this, the increasing product utilization in health monitoring systems, critical care equipment and power cleaning tools in hospitals and healthcare centres is positively impacting the market growth. Other factors, including the rising demand for electric vehicles (EVs), along with the widespread product adoption in the manufacturing industry, are anticipated to drive the market toward growth.
Key Market Segmentation:
Breakup by Drive Type:
- Electric
- Hydraulic
- Others
Breakup by Technology:
- Lithium-Ion Battery
- Lead-Acid Battery
- Others
Breakup by Application:
- Forklift
- Telecom
- UPS
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH, Amara Raja Group, American Battery Solutions, Bulldog Battery Corporation, C&D Technologies Inc., EnerSys, Exide Industries Limited, GS Yuasa Corporation, Industrial Battery & Services Inc., Johnson Controls International, Panasonic Corporation and Saft (TotalEnergies SE).
Key Questions Answered in This Report
- 1.What was the size of the global industrial batteries market in 2024?
- 2.What is the expected growth rate of the global industrial batteries market during 2025-2033?
- 3.What are the key factors driving the global industrial batteries market?
- 4.What has been the impact of COVID-19 on the global industrial batteries market?
- 5.What is the breakup of the global industrial batteries market based on the technology?
- 6.What are the key regions in the global industrial batteries market?
- 7.Who are the key players/companies in the global industrial batteries market?
Product Code: SR112025A4851
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Industrial Batteries Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Drive Type
- 6.1 Electric
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Hydraulic
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Lithium-Ion Battery
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Lead-Acid Battery
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Forklift
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Telecom
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 UPS
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Amara Raja Group
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 American Battery Solutions
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Bulldog Battery Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 C&D Technologies Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 SWOT Analysis
- 14.3.6 EnerSys
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Exide Industries Limited
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.8 GS Yuasa Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Industrial Battery & Services Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Johnson Controls International
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Panasonic Corporation
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Saft (TotalEnergies SE)
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.1 Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH
Product Code: SR112025A4851
List of Figures
- Figure 1: Global: Industrial Batteries Market: Major Drivers and Challenges
- Figure 2: Global: Industrial Batteries Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Industrial Batteries Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Industrial Batteries Market: Breakup by Drive Type (in %), 2024
- Figure 5: Global: Industrial Batteries Market: Breakup by Technology (in %), 2024
- Figure 6: Global: Industrial Batteries Market: Breakup by Application (in %), 2024
- Figure 7: Global: Industrial Batteries Market: Breakup by Region (in %), 2024
- Figure 8: Global: Industrial Batteries (Electric) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Industrial Batteries (Electric) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Industrial Batteries (Hydraulic) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Industrial Batteries (Hydraulic) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Industrial Batteries (Other Drive Types) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Industrial Batteries (Other Drive Types) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Industrial Batteries (Lithium-Ion Battery) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Industrial Batteries (Lithium-Ion Battery) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Industrial Batteries (Lead-Acid Battery) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Industrial Batteries (Lead-Acid Battery) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Industrial Batteries (Other Technologies) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Industrial Batteries (Other Technologies) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Industrial Batteries (Forklift) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Industrial Batteries (Forklift) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Industrial Batteries (Telecom) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Industrial Batteries (Telecom) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Industrial Batteries (UPS) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Industrial Batteries (UPS) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Industrial Batteries (Other Applications) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Industrial Batteries (Other Applications) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: North America: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: North America: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: United States: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: United States: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: Canada: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: Canada: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: Asia-Pacific: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: Asia-Pacific: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: China: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: China: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: Japan: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: Japan: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: India: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: India: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: South Korea: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: South Korea: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: Australia: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: Australia: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: Indonesia: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: Indonesia: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Others: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Others: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Europe: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Europe: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: Germany: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: Germany: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: France: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: France: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: United Kingdom: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: United Kingdom: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: Italy: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: Italy: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: Spain: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: Spain: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Russia: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Russia: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Others: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Others: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Latin America: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: Latin America: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Brazil: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Brazil: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Mexico: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Mexico: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Others: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Others: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Middle East and Africa: Industrial Batteries Market: Sales Value (in Million USD), 2019 & 2024
- Figure 75: Middle East and Africa: Industrial Batteries Market: Breakup by Country (in %), 2024
- Figure 76: Middle East and Africa: Industrial Batteries Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 77: Global: Industrial Batteries Industry: SWOT Analysis
- Figure 78: Global: Industrial Batteries Industry: Value Chain Analysis
- Figure 79: Global: Industrial Batteries Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Industrial Batteries Market: Key Industry Highlights, 2024 & 2033
- Table 2: Global: Industrial Batteries Market Forecast: Breakup by Drive Type (in Million USD), 2025-2033
- Table 3: Global: Industrial Batteries Market Forecast: Breakup by Technology (in Million USD), 2025-2033
- Table 4: Global: Industrial Batteries Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 5: Global: Industrial Batteries Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Industrial Batteries Market: Competitive Structure
- Table 7: Global: Industrial Batteries Market: Key Players
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