North America Industrial Batteries Market Size & Outlook
North America industrial batteries market, 2018-2030 (US$M)
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North America industrial batteries market highlights
- The North America industrial batteries market generated a revenue of USD 5,885.1 million in 2024.
- The market is expected to grow at a CAGR of 7.6% from 2025 to 2030.
- In terms of segment, lead-acid was the largest revenue generating type in 2024.
- Lithium-Based is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 5,885.1 million |
| Market revenue in 2030 | USD 9,049.5 million |
| Growth rate | 7.6% (CAGR from 2025 to 2030) |
| Largest segment | Lead-acid |
| Fastest growing segment | Lithium-Based |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lead-Acid, Lithium-Based, Lithium-BasedaOthers |
Other key industry trends
- In terms of revenue, North America region accounted for 26.2% of the global industrial batteries market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,896.2 million by 2030.
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Industrial Batteries Market Scope
Industrial Batteries Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America industrial batteries market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial batteries market will help companies and investors design strategic landscapes.
Lead-acid was the largest segment with a revenue share of 54.08% in 2024. Horizon Databook has segmented the North America industrial batteries market based on lead-acid, lithium-based, lithium-basedaothers covering the revenue growth of each sub-segment from 2018 to 2030.
North America industrial batteries market is expected to grow substantially over the forecast period, owing to technological innovation, substantial investments in electric vehicle infrastructure, and increasing renewable energy adoption. In addition, the region's advanced research capabilities, significant venture capital investments, and supportive government policies are creating unprecedented market opportunities. Furthermore, increasing demand from data centers, telecommunications, and grid-level energy storage sectors and a strong focus on sustainable technologies are driving market growth and technological advancements.
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Target buyers of North America industrial batteries market databook
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Our clientele includes a mix of industrial batteries market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America industrial batteries market , including forecasts for subscribers. This continent databook contains high-level insights into North America industrial batteries market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America industrial batteries market size, by country, 2018-2030 (US$M)
North America Industrial Batteries Market Outlook Share, 2024 & 2030 (US$M)
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