The increased use of Industrial Batteries in the Telecom & Data Communication Sector
Dec 28,2022
The Industrial Batteries market is segmented by Type – Lead-acid Batteries, Lithium-based Batteries, Nickel-based Batteries, and Others, Segmented by Application – Telecom & Data Communication, Industrial Equipment, Uninterruptible Power Supply (UPS)/Backup, Grid-Level Energy Storage, and Others. The Industrial Batteries market size is estimated to be worth USD 6229.2 million in 2022. It is forecast to be a readjusted size of USD 8065.5 million by 2028 with a CAGR of 4.4% during the review period.