The global industrial batteries market size is accounted at USD 68.99 billion in 2025 and is forecasted to hit around USD 545.11 billion by 2034, representing a CAGR of 26.04% from 2025 to 2034. The Asia Pacific market size was estimated at USD 19.93 billion in 2024 and is expanding at a CAGR of 26.21% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Industrial Batteries Industry Impact
5.2. COVID-19 - Impact Assessment for the Industry
5.3. COVID-19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Industrial Batteries Market Revenue and Volume, by Type
8.1.1. Lithium-Based
8.1.1.1. Market Revenue and Volume Forecast
8.1.2. Nickel-Based
8.1.2.1. Market Revenue and Volume Forecast
8.1.3. Lead-Acid Based
8.1.3.1. Market Revenue and Volume Forecast
8.1.4. Others
8.1.4.1. Market Revenue and Volume Forecast
9.1. Industrial Batteries Market Revenue and Volume, by Application
9.1.1. Electric Grid Storage
9.1.1.1. Market Revenue and Volume Forecast
9.1.2. Industrial Equipment
9.1.2.1. Market Revenue and Volume Forecast
9.1.3. Power Storages
9.1.3.1. Market Revenue and Volume Forecast
9.1.4. Telecommunication
9.1.4.1. Market Revenue and Volume Forecast
9.1.5. Others
9.1.5.1. Market Revenue and Volume Forecast
10.1. North America
10.1.1. Market Revenue and Volume Forecast, by Type
10.1.2. Market Revenue and Volume Forecast, by Application
10.1.3. U.S.
10.1.3.1. Market Revenue and Volume Forecast, by Type
10.1.3.2. Market Revenue and Volume Forecast, by Application
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Volume Forecast, by Type
10.1.4.2. Market Revenue and Volume Forecast, by Application
10.2. Europe
10.2.1. Market Revenue and Volume Forecast, by Type
10.2.2. Market Revenue and Volume Forecast, by Application
10.2.3. UK
10.2.3.1. Market Revenue and Volume Forecast, by Type
10.2.3.2. Market Revenue and Volume Forecast, by Application
10.2.4. Germany
10.2.4.1. Market Revenue and Volume Forecast, by Type
10.2.4.2. Market Revenue and Volume Forecast, by Application
10.2.5. France
10.2.5.1. Market Revenue and Volume Forecast, by Type
10.2.5.2. Market Revenue and Volume Forecast, by Application
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Volume Forecast, by Type
10.2.6.2. Market Revenue and Volume Forecast, by Application
10.3. APAC
10.3.1. Market Revenue and Volume Forecast, by Type
10.3.2. Market Revenue and Volume Forecast, by Application
10.3.3. India
10.3.3.1. Market Revenue and Volume Forecast, by Type
10.3.3.2. Market Revenue and Volume Forecast, by Application
10.3.4. China
10.3.4.1. Market Revenue and Volume Forecast, by Type
10.3.4.2. Market Revenue and Volume Forecast, by Application
10.3.5. Japan
10.3.5.1. Market Revenue and Volume Forecast, by Type
10.3.5.2. Market Revenue and Volume Forecast, by Application
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Volume Forecast, by Type
10.3.6.2. Market Revenue and Volume Forecast, by Application
10.4. MEA
10.4.1. Market Revenue and Volume Forecast, by Type
10.4.2. Market Revenue and Volume Forecast, by Application
10.4.3. GCC
10.4.3.1. Market Revenue and Volume Forecast, by Type
10.4.3.2. Market Revenue and Volume Forecast, by Application
10.4.4. North Africa
10.4.4.1. Market Revenue and Volume Forecast, by Type
10.4.4.2. Market Revenue and Volume Forecast, by Application
10.4.5. South Africa
10.4.5.1. Market Revenue and Volume Forecast, by Type
10.4.5.2. Market Revenue and Volume Forecast, by Application
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Volume Forecast, by Type
10.4.6.2. Market Revenue and Volume Forecast, by Application
10.5. Latin America
10.5.1. Market Revenue and Volume Forecast, by Type
10.5.2. Market Revenue and Volume Forecast, by Application
10.5.3. Brazil
10.5.3.1. Market Revenue and Volume Forecast, by Type
10.5.3.2. Market Revenue and Volume Forecast, by Application
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Volume Forecast, by Type
10.5.4.2. Market Revenue and Volume Forecast, by Application
11.1. Toshiba International Corporation
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. East Penn Manufacturing Company
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Robert Bosch GmbH
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. C&D Technologies, Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Northstar Battery Company LLC
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. GS Yuasa Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Saft Groupe S.A.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Enersys Inc.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Exide Technologies Inc.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Johnson Controls Inc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
13.1. About Us
13.2. Glossary of Terms
For questions or customization requests, please reach out to us at sales@precedenceresearch.com
Plan your call and get expert insights!
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client