The value of the market of industrial batteries in Brazil is forecast to double between 2021 and 2031. In 2023, it amounted to 1.2 billion U.S. dollars, making it the country with the largest industrial battery market in Latin America that year.
More information on the global industrial battery market can be found here.
Market value of batteries for industrial applications in Brazil from 2021 to 2023, with a forecast until 2031
(in million U.S. dollars)
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Market value in million U.S. dollars
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Extrapolate. (February 9, 2024). Market value of batteries for industrial applications in Brazil from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1451297/industrial-battery-global-market-value-brazil-forecast/
Extrapolate. "Market value of batteries for industrial applications in Brazil from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars)." Chart. February 9, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1451297/industrial-battery-global-market-value-brazil-forecast/
Extrapolate. (2024). Market value of batteries for industrial applications in Brazil from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1451297/industrial-battery-global-market-value-brazil-forecast/
Extrapolate. "Market Value of Batteries for Industrial Applications in Brazil 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/1451297/industrial-battery-global-market-value-brazil-forecast/
Extrapolate, Market value of batteries for industrial applications in Brazil from 2021 to 2023, with a forecast until 2031 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1451297/industrial-battery-global-market-value-brazil-forecast/ (last visited July 22, 2024)
Market value of batteries for industrial applications in Brazil 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/1451297/industrial-battery-global-market-value-brazil-forecast/