Industrial Batteries Market Outlook: Projected Growth and Innovations by 2030 The demand for reliable, long-lasting power sources is growing in industries worldwide, driving impressive growth in the industrial batteries market. In 2020, this market was valued at USD 18 billion and is expected to reach USD 31.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.1% from 2021 to 2030.
Industrial batteries are high-capacity, rechargeable power sources...
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