Industrial Batteries Market Drivers, Demand, Trends With Report Data 2030

June 23, 2022 ⚊ 1 Min read ⚊ Views 122 ⚊ NEWS

The global industrial batteries 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 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, and machinery and equipment at construction sites is also a factor driving revenue growth of the market.

Read details: https://www.emergenresearch.com/industry-report/industrial-batteries-market

Tags: Industrial Batteries Market Size, Information Communication Technology

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