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Data Center Battery Market Share

Report ID: GMI9201
Published Date: Apr 2024
Report Format: PDF

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Data Center Battery Market Share

EnerSys, LG Energy Solution and Leoch International Technology hold a significant market share of over 21% in the data center battery industry. These companies have invested significantly in research and development, allowing them to continuously improve their battery technology and stay ahead of the competition. This commitment to innovation has enabled them to develop advanced battery chemistries, such as lithium-ion and lead-acid variants, that offer superior performance and efficiency compared to traditional battery technologies.

This commitment to innovation has enabled them to develop advanced battery chemistries, such as lithium-ion and lead-acid variants, that offer superior performance and efficiency compared to traditional battery technologies.

Data Center Battery Market Companies

Major players operating in the market are:

C&D Technology
Delta Electronics
East Penn
Eaton Corporation
EnerSys
Exide Technologies
Leoch International Technology
LG Energy Solution
Narada Power Source
Samsung SDI

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for data center battery was valued at USD 3.2 billion in 2023 and is estimated to register over 5% CAGR between 2024 and 2032, due to continuous innovations in power systems tailored for data centers.

The UPS segment accounted for 52% of the data center battery industry share in 2023 and is expected to grow significantly throughout 2032, with the escalating reliance on digital services and the increasing frequency of power disruptions.

Asia Pacific market accounted for 53% revenue share in 2023, attributed to the proliferation of digital services, cloud computing, and IoT adoption.

C&D Technology, Delta Electronics, East Penn, Eaton Corporation, EnerSys, Exide Technologies, Leoch International Technology, LG Energy Solution, Narada Power Source and Samsung SDI.