Report Detail
Global Industrial Battery for Material Handling Equipment Market Report 2018-2029
- RnM3875701 |
- 22 August, 2023 |
- Global |
- 146 Pages |
- HJResearch |
- Other
The Industrial Battery for Material Handling Equipment industry refers to the battery systems designed to power material handling equipment used in various industries such as warehouses, logistics centers, manufacturing plants, and ports. The battery is a critical component as it powers the equipment, enabling efficient operations and reducing downtime.
The main types of batteries used in the Industrial Battery for Material Handling Equipment industry are Li-ion batteries and lead-acid batteries. Li-ion batteries are gaining popularity due to their higher energy density, longer life cycle, and faster charging times, while lead-acid batteries remain widespread due to their low cost and proven technology.
According to a report by HJResearch, the global Industrial Battery for Material Handling Equipment market size was estimated at US$10500 million in 2022, with a compound annual growth rate of 9%. The growth of this market is driven by factors such as the increasing adoption of e-commerce, rising demand for automation and robotics in material handling, and favorable government regulations promoting eco-friendly practices.
The key end-users of Industrial Batteries for Material Handling Equipment include warehouses, distribution centers, manufacturing plants, and ports. These industries use battery-powered material handling equipment for various applications such as material transport, lifting, stacking, and order picking.
The Industrial Battery for Material Handling Equipment industry is highly competitive, with several established global manufacturers dominating the market. These companies invest heavily in research and development to design innovative and effective battery solutions that meet the specific needs of their customers. The major global manufacturers include East Penn Manufacturing, EnerSys, Exide Technologies, Trojan Battery, Valence Technology, Chloride Exide, Crown Battery, EverExceed, Exide Industries, HOPPECKE, MIDAC Batteries, and Navitas System.
The industry has witnessed significant developments over the years, with advancements in technology leading to the introduction of new and improved products. The adoption of sustainable and eco-friendly practices has also fueled market growth, with manufacturers investing in the development of green batteries that are non-toxic and recyclable.
The prospects for the Industrial Battery for Material Handling Equipment industry are positive, with opportunities for growth in emerging markets and new applications. As the demand for efficient material handling equipment increases, the need for reliable and long-lasting battery solutions is expected to increase, driving further growth in the market.
In conclusion, the Industrial Battery for Material Handling Equipment industry is set to experience significant growth in the coming years, driven by increasing demand for automation, robotics, and e-commerce. The competition among key players is intense, with each focusing on innovation and product differentiation. The prospects for the industry are positive, with opportunities for growth in emerging markets and new applications. With the rising demand for reliable and long-lasting battery solutions, the demand for Industrial Batteries for Material Handling Equipment is expected to increase, driving further growth in the industry.
The SWOT analysis of the Industrial Battery for Material Handling Equipment industry is as follows:
Strengths:
Increasing adoption of e-commerce, automation, and robotics in material handling driving the growth of the Industrial Battery for Material Handling Equipment industry.
Established global manufacturers with strong R&D capabilities and product portfolio.
Advancements in technology leading to the introduction of new and improved battery solutions.
The emergence of green batteries that are non-toxic and recyclable, promoting sustainable and eco-friendly practices.
High-quality and durable products that provide long-lasting power backup.
Weaknesses:
Intense competition among key players leading to price pressure and reduced profit margins.
Dependence on raw materials, which can impact production costs and pricing.
Limited standardization of battery specifications and regulations.
Limited awareness and understanding among end-users about the benefits of industrial batteries for material handling equipment.
The challenge of balancing battery performance, cost, and environmental impact.
Opportunities:
Expansion into emerging markets with increasing demand for industrial batteries for material handling equipment.
Developing innovative and differentiated battery solutions to meet the specific needs of different industries.
Partnership with other companies to develop integrated battery solutions.
Growth opportunities in new applications such as electric material handling equipment and renewable energy storage.
The potential of new types of batteries, such as solid-state batteries, enhancing the performance of industrial batteries for material handling equipment.
Threats:
Competition from substitute technologies such as fuel cells or supercapacitors.
Changes in regulations and standards related to industrial batteries for material handling equipment.
Economic downturns impacting demand from end-use industries.
Fluctuations in prices of raw materials can impact profit margins.
Challenges in maintaining consistent quality of products due to large scale production.
Key players in global Industrial Battery for Material Handling Equipment market include:
East Penn Manufacturing
EnerSys
Exide Technologies
Trojan Battery
Valence Technology
Chloride Exide
Crown Battery
EverExceed
Exide Industries
HOPPECKE
MIDAC Batteries
Navitas System
Market segmentation, by product types:
East Penn Manufacturing
EnerSys
Exide Technologies
Trojan Battery
Valence Technology
Market segmentation, by applications:
Li-ion battery
Lead-acid battery
1 Industry Overview of Industrial Battery for Material Handling Equipment
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Industrial Battery for Material Handling Equipment
- 1.3 Market Segmentation by End Users of Industrial Battery for Material Handling Equipment
- 1.4 Market Dynamics Analysis of Industrial Battery for Material Handling Equipment
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Industrial Battery for Material Handling Equipment Industry
- 2.1 East Penn Manufacturing
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 EnerSys
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Exide Technologies
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Trojan Battery
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Valence Technology
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Chloride Exide
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Crown Battery
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 EverExceed
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Exide Industries
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 HOPPECKE
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
- 2.11 MIDAC Batteries
- 2.11.1 Company Overview
- 2.11.2 Main Products and Specifications
- 2.11.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.11.4 Contact Information
- 2.12 Navitas System
- 2.12.1 Company Overview
- 2.12.2 Main Products and Specifications
- 2.12.3 Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.12.4 Contact Information
3 Global Industrial Battery for Material Handling Equipment Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Industrial Battery for Material Handling Equipment by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Industrial Battery for Material Handling Equipment by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Industrial Battery for Material Handling Equipment by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Industrial Battery for Material Handling Equipment by End Users (2018-2023)
- 3.5 Selling Price Analysis of Industrial Battery for Material Handling Equipment by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Industrial Battery for Material Handling Equipment Market Analysis by Countries, Types and End Users
- 4.1 Northern America Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Industrial Battery for Material Handling Equipment Market Analysis by Countries, Types and End Users
- 5.1 Europe Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Industrial Battery for Material Handling Equipment Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Industrial Battery for Material Handling Equipment Market Analysis by Countries, Types and End Users
- 7.1 Latin America Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Industrial Battery for Material Handling Equipment Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Industrial Battery for Material Handling Equipment Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Industrial Battery for Material Handling Equipment Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Industrial Battery for Material Handling Equipment Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Industrial Battery for Material Handling Equipment by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Industrial Battery for Material Handling Equipment by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Industrial Battery for Material Handling Equipment by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Industrial Battery for Material Handling Equipment by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Industrial Battery for Material Handling Equipment
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Industrial Battery for Material Handling Equipment
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Industrial Battery for Material Handling Equipment
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Industrial Battery for Material Handling Equipment
- 11.2 Downstream Major Consumers Analysis of Industrial Battery for Material Handling Equipment
- 11.3 Major Suppliers of Industrial Battery for Material Handling Equipment with Contact Information
- 11.4 Supply Chain Relationship Analysis of Industrial Battery for Material Handling Equipment
12 Industrial Battery for Material Handling Equipment New Project Investment Feasibility Analysis
- 12.1 Industrial Battery for Material Handling Equipment New Project SWOT Analysis
- 12.2 Industrial Battery for Material Handling Equipment New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Industrial Battery for Material Handling Equipment Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Industrial Battery for Material Handling Equipment. Industry analysis & Market Report on Industrial Battery for Material Handling Equipment is a syndicated market report, published as Global Industrial Battery for Material Handling Equipment Market Report 2018-2029. It is complete Research Study and Industry Analysis of Industrial Battery for Material Handling Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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