The market value of industrial batteries in the United States is forecast to grow from approximately 2.4 billion U.S. dollars in 2023 to over three billion U.S. dollars by 2028. After China, the U.S. dominated the global market of batteries with industrial applications that year.
More information on the global industrial battery market can be found here.
Market value of batteries for industrial applications in the United States from 2021 to 2023, with a forecast until 2031
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Extrapolate. (February 9, 2024). Market value of batteries for industrial applications in the United States from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1451296/industrial-battery-market-value-united-states-forecast/
Extrapolate. "Market value of batteries for industrial applications in the United States from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars)." Chart. February 9, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1451296/industrial-battery-market-value-united-states-forecast/
Extrapolate. (2024). Market value of batteries for industrial applications in the United States from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1451296/industrial-battery-market-value-united-states-forecast/
Extrapolate. "Market Value of Batteries for Industrial Applications in The United States from 2021 to 2023, with a Forecast until 2031 (in Million U.S. Dollars)." Statista, Statista Inc., 9 Feb 2024, https://www.statista.com/statistics/1451296/industrial-battery-market-value-united-states-forecast/
Extrapolate, Market value of batteries for industrial applications in the United States from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1451296/industrial-battery-market-value-united-states-forecast/ (last visited November 18, 2024)
Market value of batteries for industrial applications in the United States from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) [Graph], Extrapolate, February 9, 2024. [Online]. Available: https://www.statista.com/statistics/1451296/industrial-battery-market-value-united-states-forecast/