Zion Market Research Global Industrial Batteries Market, 2016–2024 | Page 2

Industrial Batteries Market
Global Industrial Batteries Market: Overview
The industrial battery is any battery that is designed exclusively only for industrial uses.
These batteries are used in electric vehicles to transporting, lifting, or moving materials to
warehouses. The main function of industrial batteries is to supply energy to end-users.
These batteries are used in industries for lifting heavy equipment such as trucks, forklifts,
and others. Industrial batteries act as an energy source to massive data centers and ensure
to run the internet continuously. They are heavier, large in size, and more powerful as
compared to consumer batteries. Industrial batteries offer applications such as backup
power, energy regulation, and operating power.
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batteries-market
Global Industrial Batteries Market: Segmentation
The global industrial batteries market is categorized based on end-user as an
uninterruptible power supply or backup, telecom & data communication, industrial
equipment, grid-level energy storage, and others. Of these, telecom & data communication
is the leading segment in the global market. This segment is attributed to higher growth due
to escalating demand for high-efficiency power backup. Based on types, the global industrial
batteries market is segmented as nickel-based batteries, lead-acid batteries, lithium-based
batteries, and others. Of these, the lead-acid battery is the largest segment across the globe