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Investments in data centers are increasing, even during the COVID-19 pandemic. This Frost & Sullivan study provides an overview of the global data center industry, analyzing technological and investment trends shaping the industry's growth. The key factors driving growth include the rising popularity of hybrid colocation and hyperscale data centers...

This report provides an in-depth analysis of growth opportunities in the global generator set (genset) industry for 2025 to 2035, focusing on the transformative forces reshaping the market. It examines the impact of digitalization, sustainability imperatives, and hybridization on genset adoption across multiple sectors, highlighting how renewable e...

The world server rack and rack options market analysis is segmented into five regions including North American, Europe, Asia Pacific, Latin America, and Rest-of-World. Each segment discusses current issues facing the market segmented by information technology and telecommunications racks, revenue forecasts, market and technology trends, and competi...

The world server rack and rack options market analysis is segmented into four regions including North American, Europe, Asia Pacific, and Rest-of-World. Each segment discusses current issues facing the market segmented by information technology and telecommunications racks, revenue forecasts, market and technology trends, and competitive analysis. ...

The global portable genset market is undergoing a significant transformation, driven by rising demand for reliable backup power solutions across residential, commercial, and industrial sectors. This growth is fueled by the increasing frequency of extreme weather events, aging grid infrastructure, and surging global energy consumption. Portable gens...

The analysis of the global gensets industry examines growth drivers, restraints, and opportunities for applications and end-user segments affecting its growth outlook. The growth forecast spans 2023 to 2034, with 2023 as the base year. The analysis covers revenue and unit shipments for natural gas and diesel generators. The scope of the study does ...

The World Transient Voltage Surge Suppressor market is segmented into two product segments including plug-in and hardwored TVSS. Each segment discusses current issues facing the market, revenue and distribution forecasts, market and technology trends, and competitive analysis. Challenges specific to each segment are discussed at the total level. Ea...

This study covers the latest trends in various technologies in the energy storage market. The technologies covered in the study are battery, compressed air, supercapacitors, thermal, and flywheels. The study period is 2015 to 2020. The base year of the study is 2015. The applications covered are grid scale, residential, commercial, and industrial. ...

12 Jan 2018  |  Global  |  Market Research

Global Industrial Battery Market, Forecast to 2023

Growth in Renewable Energy and Distributed Generation to Drive the Global Industrial Battery Market

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Key Issues Addressed

The global industrial battery market is a well-established one which is expected to grow at a CAGR of 7.1% between 2014 and 2023. The major factors driving industrial batteries are the surging demand from energy storage and stationary applications, reinforced by advancements in battery technology. Industrial batteries for grid storage represent a u...