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  • Global Industrial Battery Market, Forecast to 2023
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Global Industrial Battery Market, Forecast to 2023

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

Frost & Sullivan
4950 USD https://store.frost.com/global-industrial-battery-market-forecast-to-2023.html
RELEASE DATE
12-Jan-2018
REGION
Global
Research Code: MD4A-01-00-00-00
SKU: EG01853-GL-MR_21457
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  • Description
  • Key issues Addressed
  • Infographics
  • Table of Contents
  • List of Figures & Charts
  • Request Sample

Description

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 unique asset in the midst of the rising demand for electricity and the increasing penetration of renewable energy resources. Overall, the demand for lead acid batteries is expected to remain stable throughout the forecast period despite the rapid proliferation of lithium ion and primary lithium batteries, particularly in the healthcare, aerospace and defense, and energy storage segments. The Asia Pacific region is set to witness the highest growth rate in the industrial battery market during the forecast period, although North America is also forecast to make steady revenue contributions. Market trends are analyzed for the period 2014 to 2023, with the base year being 2016. Drivers and restraints, competitive analysis, market trends, growth opportunities, battery chemistries geographical trends, and revenue forecasts for the period 2014 to 2023 are also provided. The market is analyzed holistically through two main segments: battery chemistry and end user application. The major end user applications include batteries for telecom and data communication, UPS/backup, industrial equipment, aerospace and defense, medical, and battery energy storage for grid applications. Various battery chemistries such as lead acid, lithium ion, primary lithium, nickel-based, and emerging chemistries are discussed. The geographical scope of the study includes North America, Europe, Asia Pacific, and Rest of the World.

The study includes profiles of key players in the global industrial battery market including EnerSys, Exide Technologies, SAFT, and GS Yuasa. In addition to industry challenges, drivers and restraints, this study also highlights certain upcoming technology trends. I Further to market growth and trend analysis, the study also identifies and evaluates growth opportunities in this market and how companies can capitalize on these emerging opportunities.

Key Issues Addressed

  • What are the major trends in the industrial batteries market and at what rate will it continue to grow?
  • How are end user and geographic segmentations expected to change with the changing industry dynamics?
  • How will the market drivers, restraints, and opportunities alter the market dynamics and analysis of the trends?
  • What are the kinds of products that industry participants are developing to meet the needs of customers?
  • Who are the major competitors in this market and how will the structure of the market change with time?

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Executive Summary

Key Findings

Market Engineering Measurements

CEO’s Perspective

Market Overview

Definitions

Key Questions this Study will Answer

Segmentation based on End-user Segment

Segmentation Based on Battery Chemistry

Drivers and Restraints—Total Industrial Batteries Market

Market Drivers

Market Restraints

Forecasts and Trends—Total Industrial Battery Market

Market Engineering Measurements

Total Global Industrial Batteries Market—Revenue Forecast and YoY Growth Rate

Total Global Industrial Batteries Market—Pricing Trends and Forecast

Total Global Industrial Batteries Market—Percent Revenue Forecast by Region

Revenue Forecast by Region

Global Snapshot

Total Global Industrial Batteries Market—Revenue Forecast by End-user Segment

Revenue Forecast by End-user Segment

End-user Segment Revenue Forecast Discussion

Market Share and Competitive Analysis—Total Industrial Batteries Market

Competitive Analysis—Market Share

Market Share Analysis

EnerSys

GS Yuasa Corporation

Exide Technologies

SAFT Batteries

Competitive Factors and Assessment

Battery Chemistries Feasibility Analysis

Growth Opportunities and Companies to Action

Growth Opportunity 1—Emerging Business Models

Growth Opportunity 2—Geographic Expansion

Growth Opportunity 3—Innovation in Current Offerings

Strategic Imperatives for Success and Growth

Telecom and Data Communication Segment Breakdown

Telecom and Data Communication Segment Breakdown

Telecom and Data Communication Segment—Market Engineering Measurements

Telecom and Data Communication Segment—Revenue Forecast and YoY Growth Rate

Telecom and Data Communication Segment—Revenue Forecast by Region

Telecom and Data Communication Segment—Distribution Channel Structure

Telecom and Data Communication Segment—Penetration Analysis of Batteries by Chemistry Type

UPS/Backup Segment Breakdown

Industrial Equipment Segment Breakdown

Marine Sub-segment Breakdown

Medical Devices Segment Breakdown

Aerospace and Defense Equipment Segment Breakdown

Battery Energy Storage for Grid Applications Segment Breakdown

Assessing Opportunities for Lithium ion in Different End-user Segments

Most Attractive Countries for Lithium ion Technology Adoption

Major Lithium Battery Market Participants

Regional Analysis—North America

North America Breakdown

North America Industrial Batteries Market—Revenue Forecast and YoY Growth Rate

Key US Policies for Energy Storage

Market Share Analysis

North America—Competitive Environment

North America—Major Market Participants

Regional Analysis—Europe

Regional Analysis—Asia-Pacific

Rest of the World Analysis

The Last Word

3 Big Predictions

Legal Disclaimer

Appendix

List of Exhibits

Market Engineering Methodology

Additional Sources of Information on Industrial Batteries

Partial List of Companies Under “Others”

Learn More—Next Steps

List of Figures
  • 1. Total Industrial Battery Market: Key Market Drivers, Global, 2017–2023
  • 2. Total Industrial Battery Market: Key Market Restraints, Global, 2017–2023
  • 3. Total Industrial Battery Market: Market Engineering Measurements, Global, 2016
  • 4. Total Industrial Battery Market: Pricing Trends, Global, 2016–2023
  • 5. Total Industrial Battery Market: Revenue Forecast by Region, Global, 2014–2023
  • 6. Total Industrial Battery Market: Revenue Forecast by End-user Segment, Global, 2014–2023
  • 7. Total Industrial Battery Market: Company Market Share Analysis of Top 4 Participants, Global, 2016
  • 8. Total Industrial Battery Market: Competitive Factors and Assessment for Market Participants, Global, 2016
  • 9. Total Industrial Battery Market: Battery Types and their Key Applications, Global 2016
  • 10. Telecom and Data Communication Segment: Important Factors and Assessment, Global, 2016
  • 11. Telecom and Data Communication Segment: Market Engineering Measurements, Global, 2016
  • 12. UPS/Backup Segment: Important Factors and Assessment, Global, 2016
  • 13. UPS/Backup Segment: Market Engineering Measurements, Global, 2016
  • 14. Industrial Equipment Segment: Important Factors and Assessment, Global, 2016
  • 15. Industrial Equipment Segment: Market Engineering Measurements, Global, 2016
  • 16. Marine Sub-segment: Important Factors and Assessment, Global, 2016
  • 17. Marine Sub-segment: Market Engineering Measurements, Global, 2016
  • 18. Marine Sub-segment: Key Competitors, Global, 2016
  • 19. Medical Devices Segment: Important Factors and Assessment, Global 2016
  • 20. Medical Devices Market: Market Engineering Measurements, Global, 2016
  • 21. Aerospace and Defense Equipment Segment: Important Factors and Assessment, Global, 2016
  • 22. Aerospace and Defense Equipment Market: Market Engineering Measurements, Global, 2016
  • 23. Battery Energy Storage Segment Breakdown: Important Factors and Assessment, Global, 2016
  • 24. Battery Energy Storage for Grid applications Market: Market Engineering Measurements, Global, 2016
  • 25. Industrial Battery Market: Competitive Structure, North America, 2016
  • 26. Industrial Battery Market: Major Market Participants, North America, 2016
  • 27. Industrial Battery Market: Competitive Structure, Europe, 2016
  • 28. Industrial Battery Market: Major Market Participants, Europe, 2016
  • 29. Industrial Battery Market: Competitive Structure, Asia-Pacific, 2016
  • 30. Industrial Battery Market: Major Market Participants, Asia-Pacific, 2016
List of Charts
  • 1. Total Industrial Battery Market: Market Engineering Measurements, Global, 2016
  • 2. Total Industrial Battery Market: Percent Sales Breakdown by End User, Global, 2016
  • 3. Total Industrial Battery Market: Percent Sales Breakdown by Battery Chemistries, Global, 2016
  • 4. Total Industrial Battery Market: Revenue Forecast, Global, 2014–2023
  • 5. Total Industrial Battery Market: Percent Revenue Forecast by Region, Global, 2014–2023
  • 6. Total Industrial Battery Market: Percent Revenue Forecast by End-user Segment, Global, 2014–2023
  • 7. Total Industrial Battery Market: Percent of Global Market Share, Global, 2016
  • 8. Telecom and Data Communication Segment: Revenue Forecast, Global, 2014—2023
  • 9. Telecom and Data Communication Segment: Percent Revenue Forecast by Region, Global, 2014–2023
  • 10. Telecom and Data Communication Segment: Distribution Channel Analysis, Global, 2016
  • 11. Telecom and Data Communication Segment: Penetration Analysis of Battery Chemistries, Global, 2016 and 2023
  • 12. UPS/Backup Segment: Revenue Forecast, Global, 2014–2023
  • 13. UPS/Backup Segment: Percent Revenue Forecast by Region, Global, 2014–2023
  • 14. UPS/Backup Segment: Distribution Channel Analysis, Global, 2016
  • 15. UPS/Backup Segment: Penetration Analysis of Battery Chemistries, Global, 2016 and 2023
  • 16. Industrial Equipment Segment: Revenue Forecast, Global, 2014–2023
  • 17. Industrial Equipment Segment: Percent contribution by Sub-segment, Global, 2016
  • 18. Industrial Equipment Segment: Percent Revenue Forecast by Region, Global, 2014–2023
  • 19. Industrial Equipment Segment: Distribution Channel Analysis, Global, 2016
  • 20. Industrial Equipment Segment: Percent Sales Breakdown by Battery Chemistries, Global, 2016
  • 21. Industrial Equipment Segment: Penetration Analysis of Battery Chemistries, Global, 2016 and 2023
  • 22. Marine Sub-segment: Revenue Forecast, Global, 2014–2023
  • 23. Marine Sub-segment: Penetration Analysis of Battery Chemistries, Global, 2016 and 2023
  • 24. Medical Devices Segment: Revenue Forecast, Global, 2014–2023
  • 25. Medical Devices Segment: Revenue Forecast by Region, Global, 2014–2023
  • 26. Medical Devices Segment: Distribution Channel Analysis, Global, 2016
  • 27. Medical Devices Segment: Percent Sales Penetration Analysis of Battery Chemistries, Global, 2016
  • 28. Medical Devices Segment: Penetration Analysis of Battery Chemistries, Global, 2016 and 2023
  • 29. Aerospace and Defense Equipment Segment: Revenue Forecast, Global, 2014–2023
  • 30. Aerospace and Defense Equipment Segment: Percent Revenue Forecast by Region, Global, 2014–2023
  • 31. Aerospace and Defense Equipment Segment: Distribution Channel Analysis, Global, 2016
  • 32. Aerospace and Defense Equipment Segment: Penetration Analysis of Batteries Chemistries, Global, 2016
  • 33. Aerospace and Defense Equipment Segment: Penetration Analysis of Battery Chemistries, Global, 2016 and 2023
  • 34. Battery Energy Storage for Grid Applications Segment: Revenue Forecast, Global, 2014–2023
  • 35. Battery Energy Storage for Grid Applications Segment: Percent Revenue Forecast by Region, Global, 2014–2023
  • 36. Battery Energy Storage for Grid Applications Segment: Penetration Analysis of Battery Chemistries, Global, 2016 and 2023
  • 37. Industrial Battery Market: Revenue Forecast, North America, 2014–2023
  • 38. Industrial Battery Market: Market Share Tier Analysis, North America, 2016
  • 39. Industrial Battery Market: Revenue Forecast, EU, 2014–2023
  • 40. Industrial Battery Market: Market Share Tier Analysis, Europe, 2016
  • 41. Industrial Battery Market: Revenue Forecast, Asia-Pacific, 2014–2023
  • 42. Industrial Battery Market: Market Share Tier Analysis, Asia-Pacific, 2016
  • 43. Industrial Battery Market: Revenue Forecast, ROW, 2014–2023
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