The industrial batteries market size has grown strongly in recent years. It will grow from $16.52 billion in 2025 to $17.93 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rise in demand for high-capacity industrial batteries, increasing usage in automation and robotics, adoption in construction machinery, integration in small transport vehicles, growth in chemical energy to electricity conversion.
The industrial batteries market size is expected to see strong growth in the next few years. It will grow to $24.82 billion in 2030 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to increase in lithium-ion battery adoption, rising deployment of nickel and lead-based batteries, expansion in UPS and telecom power applications, growth in industrial energy storage solutions, increase in smart monitoring and predictive maintenance. Major trends in the forecast period include integration of AI-based industrial batteries, deployment of IoT-enabled battery monitoring, adoption of real-time energy management, implementation of smart grid compatible batteries, expansion of automated industrial power systems.
The rising adoption of electric vehicles is anticipated to drive the growth of industrial batteries in the future. The expansion of electric vehicles results in a higher demand for batteries to power these vehicles, promoting innovation, increasing battery production, and broadening battery applications in grid balancing, energy storage, and charging infrastructure. Moreover, sustainability initiatives, incentives, and research into battery technologies further support the growth of the industrial battery market. For example, in July 2023, the International Energy Agency, a France-based intergovernmental organization, reported sales figures for that year. Consequently, the growing adoption of electric vehicles is fueling the expansion of the industrial batteries market.
Leading companies operating in the industrial batteries market are focusing on creating innovative solutions such as containerized battery energy storage systems (BESS) to address the growing demand for grid stability, renewable energy integration, and dependable backup power in industrial settings. A containerized BESS is a modular storage system that combines battery modules, power conversion equipment, thermal management, and monitoring components within a single portable container, providing scalability, safety, and faster deployment compared to traditional fixed-install battery setups. For example, in September 2024, GE Vernova Inc., a US-based energy technology firm, introduced the RESTORE DC Block, an advanced containerized BESS built for industrial and utility-scale operations. The system incorporates high-performance lithium-ion batteries, DC-link converters, intelligent cooling, and digital twin-based analytics for predictive maintenance, offering improved operational flexibility, quicker installation, and reduced lifecycle expenses compared to conventional stationary battery systems.
In January 2024, TotalEnergies, a France-based provider of integrated energy and power solutions, purchased Kyon Energy for an upfront payment of €90 million plus additional earn-out compensation. This acquisition reinforces the company’s presence in the industrial and grid-scale battery energy storage market, expands its renewable power portfolio, and accelerates its growth in energy flexibility solutions throughout Europe. Kyon Energy is a Germany-based provider specializing in large-scale battery energy storage system development, engineering, and project delivery services.
Major companies operating in the industrial batteries market are Exide Industries Ltd., C&D Technologies Inc., Enersys Inc., GS Yuasa Corporation, Northstar Battery Company LLC, Amara Raja Batteries Ltd., American Battery Solutions, Bulldog Battery Corporation, Crown Batteries, HOPPECKE Industrial Batteries Ltd., Zhejiang Narada Power Source Co. Ltd., SK Innovation Co. Ltd., The Sunlight Group, TAB Batteries, East Penn Manufacturing, Johnson Controls, Saft Group, FIAMM Energy, HBL Power Systems, Leoch International, Hitachi Chemical, Storage Battery Systems.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the industrial batteries market by raising costs for imported battery cells, components, and battery management systems. Industrial, domestic, and energy sectors in Europe, North America, and Asia-Pacific are most affected. Tariffs promote local manufacturing, regional component sourcing, and investment in high-performance battery technologies, fostering supply chain resilience and advanced energy storage deployment.
The industrial batteries market research report is one of a series of new reports that provides industrial batteries market statistics, including industrial batteries industry global market size, regional shares, competitors with an industrial batteries market share, detailed industrial batteries market segments, market trends and opportunities, and any further data you may need to thrive in the industrial batteries industry. This industrial batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Industrial batteries encompass electrochemical devices that transform higher-level active materials into an alternate state during discharge. These batteries are robust and capable of functioning in challenging environments, coming in various sizes and shapes tailored to industrial requirements. They play a crucial role in powering equipment across diverse industries, including automation, construction machinery, robotics, and battery-operated small transport vehicles, by converting chemical energy into electricity.
The market features three main types of industrial batteries such as lithium-ion batteries, nickel-based batteries, and lead-based batteries. Lithium-ion batteries find applications in electronics, both small and large appliances, electric vehicles, and electrical energy storage systems. An advanced battery technology, lithium-ion batteries utilize lithium ions as a key component in their electrochemistry. Various applications span telecom and data communication, uninterruptible power supply (UPS), energy equipment, grid storage, and more. The end users encompass both domestic and industrial sectors.North America was the largest region in the industrial batteries market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial batteries market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The industrial battery market consists of sales of nickel metal hydride batteries, zinc carbon batteries, sodium batteries, and alkaline batteries. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The industrial batteries market size is expected to see strong growth in the next few years. It will grow to $24.82 billion in 2030 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to increase in lithium-ion battery adoption, rising deployment of nickel and lead-based batteries, expansion in UPS and telecom power applications, growth in industrial energy storage solutions, increase in smart monitoring and predictive maintenance. Major trends in the forecast period include integration of AI-based industrial batteries, deployment of IoT-enabled battery monitoring, adoption of real-time energy management, implementation of smart grid compatible batteries, expansion of automated industrial power systems.
The rising adoption of electric vehicles is anticipated to drive the growth of industrial batteries in the future. The expansion of electric vehicles results in a higher demand for batteries to power these vehicles, promoting innovation, increasing battery production, and broadening battery applications in grid balancing, energy storage, and charging infrastructure. Moreover, sustainability initiatives, incentives, and research into battery technologies further support the growth of the industrial battery market. For example, in July 2023, the International Energy Agency, a France-based intergovernmental organization, reported sales figures for that year. Consequently, the growing adoption of electric vehicles is fueling the expansion of the industrial batteries market.
Leading companies operating in the industrial batteries market are focusing on creating innovative solutions such as containerized battery energy storage systems (BESS) to address the growing demand for grid stability, renewable energy integration, and dependable backup power in industrial settings. A containerized BESS is a modular storage system that combines battery modules, power conversion equipment, thermal management, and monitoring components within a single portable container, providing scalability, safety, and faster deployment compared to traditional fixed-install battery setups. For example, in September 2024, GE Vernova Inc., a US-based energy technology firm, introduced the RESTORE DC Block, an advanced containerized BESS built for industrial and utility-scale operations. The system incorporates high-performance lithium-ion batteries, DC-link converters, intelligent cooling, and digital twin-based analytics for predictive maintenance, offering improved operational flexibility, quicker installation, and reduced lifecycle expenses compared to conventional stationary battery systems.
In January 2024, TotalEnergies, a France-based provider of integrated energy and power solutions, purchased Kyon Energy for an upfront payment of €90 million plus additional earn-out compensation. This acquisition reinforces the company’s presence in the industrial and grid-scale battery energy storage market, expands its renewable power portfolio, and accelerates its growth in energy flexibility solutions throughout Europe. Kyon Energy is a Germany-based provider specializing in large-scale battery energy storage system development, engineering, and project delivery services.
Major companies operating in the industrial batteries market are Exide Industries Ltd., C&D Technologies Inc., Enersys Inc., GS Yuasa Corporation, Northstar Battery Company LLC, Amara Raja Batteries Ltd., American Battery Solutions, Bulldog Battery Corporation, Crown Batteries, HOPPECKE Industrial Batteries Ltd., Zhejiang Narada Power Source Co. Ltd., SK Innovation Co. Ltd., The Sunlight Group, TAB Batteries, East Penn Manufacturing, Johnson Controls, Saft Group, FIAMM Energy, HBL Power Systems, Leoch International, Hitachi Chemical, Storage Battery Systems.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the industrial batteries market by raising costs for imported battery cells, components, and battery management systems. Industrial, domestic, and energy sectors in Europe, North America, and Asia-Pacific are most affected. Tariffs promote local manufacturing, regional component sourcing, and investment in high-performance battery technologies, fostering supply chain resilience and advanced energy storage deployment.
The industrial batteries market research report is one of a series of new reports that provides industrial batteries market statistics, including industrial batteries industry global market size, regional shares, competitors with an industrial batteries market share, detailed industrial batteries market segments, market trends and opportunities, and any further data you may need to thrive in the industrial batteries industry. This industrial batteries market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Industrial batteries encompass electrochemical devices that transform higher-level active materials into an alternate state during discharge. These batteries are robust and capable of functioning in challenging environments, coming in various sizes and shapes tailored to industrial requirements. They play a crucial role in powering equipment across diverse industries, including automation, construction machinery, robotics, and battery-operated small transport vehicles, by converting chemical energy into electricity.
The market features three main types of industrial batteries such as lithium-ion batteries, nickel-based batteries, and lead-based batteries. Lithium-ion batteries find applications in electronics, both small and large appliances, electric vehicles, and electrical energy storage systems. An advanced battery technology, lithium-ion batteries utilize lithium ions as a key component in their electrochemistry. Various applications span telecom and data communication, uninterruptible power supply (UPS), energy equipment, grid storage, and more. The end users encompass both domestic and industrial sectors.North America was the largest region in the industrial batteries market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial batteries market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial batteries market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The industrial battery market consists of sales of nickel metal hydride batteries, zinc carbon batteries, sodium batteries, and alkaline batteries. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Industrial Batteries Market Characteristics
3. Industrial Batteries Market Supply Chain Analysis
4. Global Industrial Batteries Market Trends and Strategies
5. Industrial Batteries Market Analysis of End Use Industries
7. Global Industrial Batteries Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Industrial Batteries Total Addressable Market (TAM) Analysis for the Market
9. Industrial Batteries Market Segmentation
10. Industrial Batteries Market Regional and Country Analysis
11. Asia-Pacific Industrial Batteries Market
12. China Industrial Batteries Market
13. India Industrial Batteries Market
14. Japan Industrial Batteries Market
15. Australia Industrial Batteries Market
16. Indonesia Industrial Batteries Market
17. South Korea Industrial Batteries Market
18. Taiwan Industrial Batteries Market
19. South East Asia Industrial Batteries Market
20. Western Europe Industrial Batteries Market
21. UK Industrial Batteries Market
22. Germany Industrial Batteries Market
23. France Industrial Batteries Market
24. Italy Industrial Batteries Market
25. Spain Industrial Batteries Market
26. Eastern Europe Industrial Batteries Market
27. Russia Industrial Batteries Market
28. North America Industrial Batteries Market
29. USA Industrial Batteries Market
30. Canada Industrial Batteries Market
31. South America Industrial Batteries Market
32. Brazil Industrial Batteries Market
33. Middle East Industrial Batteries Market
34. Africa Industrial Batteries Market
36. Industrial Batteries Market Competitive Landscape and Company Profiles
37. Industrial Batteries Market Other Major and Innovative Companies
40. Industrial Batteries Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Industrial Batteries Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses industrial batteries market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for industrial batteries? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The industrial batteries market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Type: Lithium-Ion Battery; Nickel-Based Battery; Lead-Based Battery2) By Application: Telecom and Data Communication; Uninterruptible Power Supply (UPS); Energy; Equipment; Grid Storage; Other Applications
3) By End User: Domestic; Industrial
Subsegments:
1) By Lithium-Ion Battery: Lithium Cobalt Oxide (LCO) Batteries; Lithium Iron Phosphate (LiFePO4) Batteries; Lithium Nickel Manganese Cobalt (NMC) Batteries2) By Nickel-Based Battery: Nickel Cadmium (NiCd) Batteries; Nickel Metal Hydride (NiMH) Batteries
3) By Lead-Based Battery: Lead-Acid Batteries (Flooded); Absorbent Glass Mat (AGM) Batteries; Gel Lead-Acid Batteries
Companies Mentioned: Exide Industries Ltd.; C&D Technologies Inc.; Enersys Inc.; GS Yuasa Corporation; Northstar Battery Company LLC; Amara Raja Batteries Ltd.; American Battery Solutions; Bulldog Battery Corporation; Crown Batteries; HOPPECKE Industrial Batteries Ltd.; Zhejiang Narada Power Source Co. Ltd.; SK Innovation Co. Ltd.; The Sunlight Group; TAB Batteries; East Penn Manufacturing; Johnson Controls; Saft Group; FIAMM Energy; HBL Power Systems; Leoch International; Hitachi Chemical; Storage Battery Systems
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Industrial Batteries market report include:- Exide Industries Ltd.
- C&D Technologies Inc.
- Enersys Inc.
- GS Yuasa Corporation
- Northstar Battery Company LLC
- Amara Raja Batteries Ltd.
- American Battery Solutions
- Bulldog Battery Corporation
- Crown Batteries
- HOPPECKE Industrial Batteries Ltd.
- Zhejiang Narada Power Source Co. Ltd.
- SK Innovation Co. Ltd.
- The Sunlight Group
- TAB Batteries
- East Penn Manufacturing
- Johnson Controls
- Saft Group
- FIAMM Energy
- HBL Power Systems
- Leoch International
- Hitachi Chemical
- Storage Battery Systems
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 17.93 Billion |
| Forecasted Market Value ( USD | $ 24.82 Billion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 23 |
