In a recent research report by Maximize Market Research, the Industrial Batteries market is expected to surpass US $157.73 billion by the year 2027, from US $88.50 billion in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up at a quick pace, registering a CAGR of almost 10.11% during the tenure of 2021-2027.
The report published by Maximize encompasses the market dynamics which could affect the market growth of industrial batteries in the region, the Value-Chain Analysis, and Porter’s Analysis for the industrial batteries market at a global level.
The study is consolidated based on segments and further into sub-segments, based on Type (lead-acid batteries, lithium-based batteries, zinc-based batteries, nickel-based batteries, and others), and End-use (telecom & data communication, UPS/Backup, grid-level energy storage, industrial equipment, motive power, and others).
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players – Exide Industries, Enersys, Saft, GS Yuasa International Ltd., NorthStar, C&D Technologies Inc., Robert Bosch GmbH, East Penn Manufacturing Company, Toshiba International Corporation, Luminous India, Amara Raja Batteries Ltd., HBL Power Systems Ltd., Okaya Power Pvt. Ltd., Exide Technologies, Base Batteries, Southern Batteries Pvt. Ltd., Truepower Systems LLP, Johnson Controls, Panasonic Corporation, and Others.
You can browse the market data tables and figures spread through a comprehensive research report and an in-depth TOC on the “Global Industrial Batteries Market.”
https://www.maximizemarketresearch.com/market-report/global-industrial-batteries-market/117220/
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