Product Code: ETC12477198 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The India industrial battery market import shipment demonstrated a robust CAGR from 2020 to 2024 at 16.8%. The growth momentum continued into 2024 with a notable growth rate of 15.9% compared to the previous year. Overall, the market exhibited a strong expanding trend, indicating significant demand and potential opportunities in the sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Industrial Battery Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Industrial Battery Market Revenues & Volume, 2021 & 2031F |
3.3 India Industrial Battery Market - Industry Life Cycle |
3.4 India Industrial Battery Market - Porter's Five Forces |
3.5 India Industrial Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 India Industrial Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Industrial Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 India Industrial Battery Market Revenues & Volume Share, By Chemistry Type, 2021 & 2031F |
3.9 India Industrial Battery Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
4 India Industrial Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in India leading to higher demand for industrial batteries. |
4.2.2 Growing adoption of renewable energy sources like solar and wind power, driving the need for energy storage solutions. |
4.2.3 Government initiatives and incentives promoting the use of electric vehicles and energy storage systems, boosting the industrial battery market. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the manufacturing cost of industrial batteries. |
4.3.2 Technological advancements leading to shorter product life cycles and the need for continuous innovation, increasing RD costs. |
4.3.3 Intense competition among market players leading to pricing pressure and margin constraints. |
5 India Industrial Battery Market Trends |
6 India Industrial Battery Market, By Types |
6.1 India Industrial Battery Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 India Industrial Battery Market Revenues & Volume, By Battery Type, 2021 - 2031F |
6.1.3 India Industrial Battery Market Revenues & Volume, By Lithium-Ion Batteries, 2021 - 2031F |
6.1.4 India Industrial Battery Market Revenues & Volume, By Lead-Acid Batteries, 2021 - 2031F |
6.1.5 India Industrial Battery Market Revenues & Volume, By Nickel-Cadmium Batteries, 2021 - 2031F |
6.1.6 India Industrial Battery Market Revenues & Volume, By Solid-State Batteries, 2021 - 2031F |
6.2 India Industrial Battery Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Industrial Battery Market Revenues & Volume, By UPS Systems, 2021 - 2031F |
6.2.3 India Industrial Battery Market Revenues & Volume, By Forklifts, 2021 - 2031F |
6.2.4 India Industrial Battery Market Revenues & Volume, By Power Backup Systems, 2021 - 2031F |
6.2.5 India Industrial Battery Market Revenues & Volume, By Renewable Energy Storage, 2021 - 2031F |
6.3 India Industrial Battery Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Industrial Battery Market Revenues & Volume, By Data Centers, 2021 - 2031F |
6.3.3 India Industrial Battery Market Revenues & Volume, By Industrial Manufacturing, 2021 - 2031F |
6.3.4 India Industrial Battery Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.5 India Industrial Battery Market Revenues & Volume, By Telecommunications, 2021 - 2031F |
6.4 India Industrial Battery Market, By Chemistry Type |
6.4.1 Overview and Analysis |
6.4.2 India Industrial Battery Market Revenues & Volume, By Lithium Iron Phosphate, 2021 - 2031F |
6.4.3 India Industrial Battery Market Revenues & Volume, By Sealed Lead-Acid, 2021 - 2031F |
6.4.4 India Industrial Battery Market Revenues & Volume, By Nickel-Based, 2021 - 2031F |
6.4.5 India Industrial Battery Market Revenues & Volume, By Zinc-Air, 2021 - 2031F |
6.5 India Industrial Battery Market, By Voltage Range |
6.5.1 Overview and Analysis |
6.5.2 India Industrial Battery Market Revenues & Volume, By Low Voltage ( 12V), 2021 - 2031F |
6.5.3 India Industrial Battery Market Revenues & Volume, By Medium Voltage (12-48V), 2021 - 2031F |
6.5.4 India Industrial Battery Market Revenues & Volume, By High Voltage ( 48V), 2021 - 2031F |
6.5.5 India Industrial Battery Market Revenues & Volume, By Ultra-High Voltage, 2021 - 2031F |
7 India Industrial Battery Market Import-Export Trade Statistics |
7.1 India Industrial Battery Market Export to Major Countries |
7.2 India Industrial Battery Market Imports from Major Countries |
8 India Industrial Battery Market Key Performance Indicators |
8.1 Average product lifespan of industrial batteries. |
8.2 Percentage of industrial battery demand met by renewable energy projects. |
8.3 Number of government policies and incentives supporting the industrial battery market. |
8.4 Energy efficiency improvements in industrial batteries. |
8.5 Rate of adoption of electric vehicles and energy storage systems in India. |
9 India Industrial Battery Market - Opportunity Assessment |
9.1 India Industrial Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 India Industrial Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Industrial Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 India Industrial Battery Market Opportunity Assessment, By Chemistry Type, 2021 & 2031F |
9.5 India Industrial Battery Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
10 India Industrial Battery Market - Competitive Landscape |
10.1 India Industrial Battery Market Revenue Share, By Companies, 2024 |
10.2 India Industrial Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |