Industrial Batteries Market – Global Opportunities & Forecast, 2020-2027

1. Report Title Industrial Batteries Market – Global Opportunities & Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

2. The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including type, application, and regions. Leading Players in the Industrial Batteries Market: The Industrial Batteries Market is fairly fragmented, and a number of global and regional players operating in the market are: •Johnson Controls International Plc •Exide Technologies •EnerSys •Panasonic Corporation •Saft Groupe S.A. •GS Yuasa International Ltd. •C&D Technologies, Inc. •Robert Bosch GmbH •East Penn Manufacturing Company •LG Chem, Ltd. Industrial Batteries Market drivers: The industrial batteries market is witnessing strong growth in the upcoming years include growing demand for high capacity power storages, continuous industrialization, and growing demand for uninterrupted electric energy globally. Moreover, increasing demand for back-up power in the industrial sector, along with surged recycling efficiency and energy density of lead-acid and lithium-based industrial batteries, are enhancing the demand of the market. Furthermore, the growing demand for industrial batteries in different sectors, including the automotive, construction, material handling industry, telecommunication, data centers, power generation, and utility sector, is opening new doors for market growth. In addition to this, rapidly rising industries that includes IT, telecommunication, power and energy, automotive, among 2

3. other, are further enhancing the demand for industrial batteries across the globe. On the other hand, high capital investment requirements and rigorous government regulation for the use of some toxic chemicals in the production of batteries will hinder the growth of the market in the upcoming years. Based on the region, the Asia-Pacific region is expected to grow at a higher CAGR during the forecast period due to the growing urbanization and increasing per capita purchasing parity in developing economies, including India, China, Japan, and South Korea. Moreover, the rising automotive and telecom industries in the region and the growing demand for uninterrupted power supply and energy storage devices in these industries are propelling the growth of the market. Industrial Batteries Market Segmentation: According to the report published by GMI Research, titled “Industrial Batteries Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows: By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil 3

4. oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, be it small and medium enterprises or large organization. Our research team helps the clients to understand the importance and impact of the market dynamics. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use both internal and external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 4