The demand for reliable and long-lasting energy storage solutions is rising across industries, driving significant growth in the industrial batteries market. These batteries power critical applications in manufacturing, transportation, telecommunications, and renewable energy storage. Sectors such as logistics, data centers, and grid storage are integrating advanced battery technologies to enhance efficiency and sustainability. Technological advancements in lithium-ion, lead-acid, and solid-state batteries are improving performance, lifespan, and cost-effectiveness. As industries prioritize energy efficiency and sustainability, the market is expected to experience substantial growth in the coming years. According to Extrapolate, the global industrial batteries market will reach USD 29.99 billion by 2031.
10 Leading Companies in the Industrial Batteries Market
1. Contemporary Amperex Technology Co., Limited (CATL)
Contemporary Amperex Technology Co., Limited (CATL) is a leading global supplier of lithium-ion batteries, particularly for energy storage and electric vehicles. The company produces high-capacity lithium iron phosphate (LFP) and nickel manganese cobalt (NMC) batteries, serving industries worldwide. CATL’s advanced battery technology and commitment to sustainability make it a dominant force in the industrial batteries market.
2. C&D Technologies, Inc.
C&D Technologies, Inc. specializes in manufacturing and supplying lead-acid and lithium-ion batteries for industrial applications, including telecommunications, data centers, and uninterruptible power supplies (UPS). Its key product lines include Pure Lead Plus and TEL long-duration batteries, catering to North America and beyond. C&D Technologies stands out for its expertise in energy efficiency and durable battery solutions.
3. Exide Technologies, Inc.
Exide Technologies, Inc. is a recognized name in the industrial batteries market, offering a broad portfolio of lead-acid and lithium-ion battery solutions. The company serves industries such as automotive, material handling, and backup power systems with brands like Marathon, Sprinter, and Absolyte. Exide’s focus on innovation and circular energy solutions sets it apart in the competitive landscape.
In October 2024, Exide Technologies introduced the Solition Material Handling battery, an advanced lithium iron phosphate (LFP) solution designed for industrial applications such as forklifts, automated guided vehicles, and ground support equipment. This battery offers enhanced charging efficiency, extended lifespan, robust reliability, and double the capacity of conventional lead-acid batteries, potentially leading to a lower total cost of ownership.
4. Enersys, Inc.
Enersys, Inc. is one of the leading companies that offer stored energy solutions. The company supplies advanced lead-acid and lithium-based batteries for aerospace, motive power, and industrial applications. The company's key product brands include PowerSafe, and DataSafe, with a strong presence in North America, Europe, and Asia. Enersys differentiates itself through high-performance battery systems and energy management solutions.
In March 2025, EnerSys showcased their new NexSys Battery Energy Storage System (BESS) and Synova Sync charger at the LogiMAT and ProMat trade show in Stuttgart, Germany. The NexSys BESS is designed to help operations better manage energy supply and costs, enhancing operational resilience.
5. GS Yuasa International Ltd.
GS Yuasa International Ltd. is a Japan-based manufacturer specializing in lithium-ion and lead-acid batteries for the industrial and automotive sectors. Its products, such as the SLR Series and LIM Series, support mission-critical applications in transportation, renewable energy, and grid storage. GS Yuasa's emphasis on safety and long-lasting performance makes it a key competitor in the industrial batteries market.
6. Saft
Saft, a subsidiary of TotalEnergies, is a leading provider of advanced industrial batteries, known for its high-performance lithium-ion and nickel-based battery technologies. The company caters to industries such as aerospace, railway, and telecommunications with products like Flex’ion, Intensium, and Uptimax. Saft’s strength lies in its ability to deliver custom energy storage solutions with high reliability.
7. Robert Bosch GmbH
Robert Bosch GmbH is a multinational engineering and technology company that also plays a significant role in industrial energy storage. The company offers lithium-ion batteries and energy storage solutions for industries like automotive, manufacturing, and smart infrastructure. Bosch's expertise in automation and battery management systems gives it a competitive edge in industrial applications.
8. Victron Energy B.V.
Victron Energy B.V. is a Netherlands-based specialist in power solutions, particularly in off-grid and renewable energy storage. The company’s product portfolio includes lithium-ion batteries, lead-acid batteries, and inverters under the Smart Lithium and AGM series. Victron’s adaptability in designing energy systems for marine, automotive, and industrial use makes it a prominent player.
9. WEBB COMPANY
WEBB COMPANY is a trusted supplier of industrial batteries, providing energy storage solutions for backup power, material handling, and emergency power systems. The company offers lead-acid and lithium-ion batteries designed for reliability in mission-critical operations. W. WEBB COMPANY’s strong distribution network and customer-centric approach help it maintain a stable position in the industrial batteries market.
10. SAMSUNG SDI CO., LTD.
SAMSUNG SDI CO., LTD. is a major innovator in lithium-ion battery technology, supplying high-performance battery packs for industrial, automotive, and renewable energy applications. Its flagship products include high-capacity ESS (Energy Storage Systems) and battery modules for heavy-duty industries. Samsung SDI’s continuous research and investment in next-generation batteries keep it ahead in the global industrial batteries market.
In October 2024, Samsung SDI showcased its comprehensive battery lineup at the Daegu International Future Auto & Mobility Expo (DIFA) 2024. The company showcased its latest advancements, including the "LFP+" battery, which integrates lithium iron phosphate with high-nickel materials to enhance energy density by over 10% compared to traditional LFP batteries.
Conclusion
The industrial batteries market is expanding due to the rising need for energy storage solutions across multiple industries. Companies like CATL, Enersys, and Samsung SDI are pushing technological boundaries, while others like Saft and Exide Technologies are enhancing efficiency and sustainability. As industries shift toward smarter and greener energy systems, these players will continue to shape the future of industrial batteries.
