#Industrial Batteries Market
Industrial Batteries Market Projection for 2030: A Perspective of the Sector's Advancements and Opportunities
Posted on 8 August, 2023 by Ravi Thakre
The global industrial battery market size reached USD 17.0 Billion in 2021 and is expected to register a revenue CAGR of 9.0% during the forecast period, according to the latest analysis by Emergen Research. Increasing demand for lithium-ion batteries from the automotive industry is a major factor driving market revenue growth. Rising demand for industrial batteries to power homes, buildings, machinery, and equipment at construction sites is also a factor driving revenue growth in the...