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Global Industrial Battery Market Is Expected To Reach $35.1 Billion By 2030 - An Exclusive Market Research Report By Lucintel
Lucintel's latest study found that, the future of the global industrial battery market looks promising with opportunities in the telecom & data communication, uninterruptible power supply, energy, equipment, and grid storage markets. The global industrial battery market is expected to reach an estimated $35.1 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are rising adoption of renewable energy sources and growing demand for backup power.
In this market, lead-acid and lithium-ion are the major segments of industrial battery market by battery type.
Lucintel forecasts that lead-acid is expected to witness the highest growth over the forecast period due to its various advantages, such as lower cost, reliability, and easier maintenance.
Browse in depth TOC of the Industrial Battery Market
100 - Figures
150-Pages
Industrial Battery Market is marked by presence of several big and small players. EnerSys, C&D Technologies, Exide Industries, GS Yuasa, and Crown Batteries are the major suppliers in the industrial battery market.
This unique research ...
... report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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