Global Industrial Battery Market for Material Handling Equipment 2017-2021

  • ID: 4335572
  • Report
  • Region: Global
  • 74 pages
  • TechNavio
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FEATURED COMPANIES

  • Chloride Exide
  • East Penn Manufacturing
  • EverExceed
  • Exide Technologies
  • MIDAC Batteries
  • Trojan Battery
  • MORE
About Industrial Battery for Material Handling Equipment

An industrial battery is specifically designed for use in material handling equipment that requires both high energy density and power. Lead-acid batteries are the main battery type used in material handling equipment. Material handling equipment refers to a range of products that aid in the transportation and storage of materials. Such equipment enhances and streamlines supply chain distribution channels, increases the operational efficiency and the workflow in manufacturing, and manages warehouse operations for optimum utilization.

The analysts forecast the global industrial battery market for material handling equipment to grow at a CAGR of 8.84% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial battery market for material handling equipment for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Industrial Battery Market for Material Handling Equipment 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • Trojan Battery
  • Valence Technology
Other prominent vendors
  • Chloride Exide
  • Crown Battery
  • EverExceed
  • Exide Industries
  • HOPPECKE
  • MIDAC Batteries
  • Navitas System
Market drivers
  • Growth in global e-commerce
  • For a full, detailed list, view the full report
Market challenges
  • High initial investment and maintenance cost for material handling equipment
  • For a full, detailed list, view the full report
Market trends
  • Declining Li-ion battery prices
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Chloride Exide
  • East Penn Manufacturing
  • EverExceed
  • Exide Technologies
  • MIDAC Batteries
  • Trojan Battery
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
  • Global material handling equipment market overview
  • Global battery market overview
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by battery
  • Global industrial battery market for material handling equipment by battery
  • Global industrial lead-acid battery market for material handling equipment
  • Global industrial Li-ion battery market for material handling equipment
PART 07: Geographical segmentation
  • Global industrial battery market for material handling equipment by geography
  • Industrial battery market for material handling equipment in APAC
  • Industrial battery market for material handling equipment in Americas
  • Industrial battery market for material handling equipment in EMEA
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Shift in manufacturing bases
  • Declining Li-ion battery prices
  • Increasing focus toward AGVs
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • Trojan Battery
  • Valence Technology
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: FLA versus VRLA batteries
Exhibit 02: Structure of a Li-ion battery
Exhibit 03: Global industrial battery market for material handling equipment
Exhibit 04: Global industrial battery market for material handling equipment 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global industrial battery market for material handling equipment by battery 2016 and 2021 (%)
Exhibit 07: Global industrial battery market for material handling equipment by battery 2016-2021 ($ billions)
Exhibit 08: Global industrial lead-acid battery market for material handling equipment 2016-2021($ billions)
Exhibit 09: Global industrial Li-ion battery market for material handling equipment 2016-2021 ($ billions)
Exhibit 10: Global Industrial battery market for material handling equipment by geography 2016-2021 (%)
Exhibit 11: Global Industrial battery market for material handling equipment by geography 2016-2021 ($ billions)
Exhibit 12: Industrial battery market for material handling equipment in APAC 2016-2021 ($ billions)
Exhibit 13: Industrial battery market for material handling equipment in Americas 2016-2021 ($ billions)
Exhibit 14: EV Everywhere Grand Challenge Blueprint program
Exhibit 15: Industrial battery market for material handling equipment in EMEA 2016-2021 ($ billions)
Exhibit 16: Global e-commerce 2016-2021 ($ trillions)
Exhibit 17: Global construction activities 2016-2021 ($ trillions)
Exhibit 18: Forklifts used in construction industry
Exhibit 19: Labor wages in Asia 2000-2014 (% increase)
Exhibit 20: Other prominent vendors (Indicative list)
Exhibit 21: East Penn Manufacturing: Business segments
Exhibit 22: East Penn Manufacturing: Industrial battery product portfolio
Exhibit 23: EnerSys: Industrial battery product portfolio
Exhibit 24: Exide Technologies: Industrial battery product portfolio
Exhibit 25: Trojan Battery: Product segments
Exhibit 26: Trojan Battery: Industrial battery product portfolio
Exhibit 27: Valence Technology: Business segments
Exhibit 28: Valence Technology: Industrial battery product portfolio
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FEATURED COMPANIES

  • Chloride Exide
  • East Penn Manufacturing
  • EverExceed
  • Exide Technologies
  • MIDAC Batteries
  • Trojan Battery
  • MORE
New Report Released: - Global Industrial Battery Market for Material Handling Equipment 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial battery market for material handling equipment: East Penn Manufacturing, EnerSys, Exide Technologies, Trojan Battery, and Valence Technology.

Other Prominent Vendors in the market are: Chloride Exide, Crown Battery, EverExceed, Exide Industries, HOPPECKE, MIDAC Batteries, and Navitas System.

Commenting on the report, an analyst from the research team said: “One trend in the market is declining Li-ion battery prices. Li-ion batteries offer higher energy densities than lead-acid or nickel-metal hydride batteries. Having a high energy density means that the battery can store more electricity in the same size cell. This is what makes the Li-ion batteries suitable for use in electric vehicles (EVs).”

According to the report, one driver in the market is growth in global e-commerce. The global e-commerce market is anticipated to grow steadily and post an impressive CAGR of more than 12% by 2021. One of the crucial factors contributing to the development of the e-commerce market is the diverse portfolio in several product segments such as apparel, books, electronic gadgets, and cosmetics. E-commerce websites regularly update these categories, which not only attracts new customers but also retains customer loyalty.

Further, the report states that one challenge in the market is high initial investment and maintenance cost for material handling equipment. Material handling equipment require constant technical support and maintenance for smooth and effective operation. The maintenance cost of industrial trucks such as pallet trucks and forklifts can be particularly high in the manufacturing and construction sectors where they are exposed to hazardous conditions continuously, which accelerate the wear and tear and can lead to severe damage. This has made many end-users reluctant to use forklift trucks.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • East Penn Manufacturing
  • EnerSys
  • Exide Technologies
  • Trojan Battery
  • Valence Technology
  • Chloride Exide
  • Crown Battery
  • EverExceed
  • Exide Industries
  • HOPPECKE
  • MIDAC Batteries
  • Navitas System
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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