Canada Industrial Batteries Market Size & Outlook, 2025-2030
The industrial batteries market in Canada is expected to reach a projected revenue of US$ 1,566.6 million by 2030. A compound annual growth rate of 7.8% is expected of Canada industrial batteries market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,010.8
Forecast, 2030 (US$M)
$1,566.6
CAGR, 2025 - 2030
7.8%
Report Coverage
Canada
Canada Industrial Batteries Market, 2018-2030 (US$M)
Global Market
Related Markets
Canada industrial batteries market highlights
- The Canada industrial batteries market generated a revenue of USD 1,010.8 million in 2024 and is expected to reach USD 1,566.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.8% from 2025 to 2030.
- In terms of segment, lead-acid was the largest revenue generating type in 2024.
- Lithium-Based is the most lucrative type segment registering the fastest growth during the forecast period.
Industrial batteries market data book summary
| Market revenue in 2024 | USD 1,010.8 million |
| Market revenue in 2030 | USD 1,566.6 million |
| Growth rate | 7.8% (CAGR from 2025 to 2030) |
| Largest segment | Lead-acid |
| Fastest growing segment | Lithium-Based |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lead-Acid, Lithium-Based, Lithium-BasedaOthers |
Other key industry trends
- In terms of revenue, Canada accounted for 4.5% of the global industrial batteries market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. industrial batteries market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,745.3 million by 2030.
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Publish Date: Jan 14, 2025
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Industrial Batteries Market Scope
Industrial Batteries Market segmentation & scope
Industrial Batteries Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Johnson Controls International PLC | View profile | 102,000 | One Albert Quay, Cork, Ireland, T12 X8N6 | www.johnsoncontrols.com |
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| GS Yuasa Corp | View profile | 17,031 | 1, Inobanba-cho, Nishinosho, Kisshoin, Minami-ku, Kyoto, Japan, 601-8520 | www.gs-yuasa.com |
| East Penn Manufacturing Co | View profile | 10001+ | Lyon Station, Pennsylvania, United States, North America | www.eastpennmanufacturing.com/ |
| EnerSys | View profile | 10,797 | 2366 Bernville Road, Reading, PA, United States, 19605 | www.enersys.com |
| Saft | View profile | 1001-5000 | Bagnolet, Ile-de-France, France, Europe | www.saftbatteries.com |
| Exide Technologies | View profile | 10001+ | Georgia, Louisiana, United States, North America | www.exide.com |
| C&D Technologies | View profile | 501-1000 | Horsham, Pennsylvania, United States, North America | www.cdtechno.com |
| Robert Bosch GmbH | View profile | - | - | - |
| NorthStar Battery | View profile | 501-1000 | Springfield, Missouri, United States, North America | www.northstarbattery.com/ |
Canada Industrial Batteries Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Industrial Batteries Market Outlook will help companies and investors design strategic landscapes.
Lead-Acid was the largest segment with a revenue share of 52.98% in 2024.
Horizon Databook has segmented the Canada industrial batteries market based on lead-acid, lithium-based, lithium-basedaothers covering the revenue growth of each sub-segment from 2018 to 2030.
- Canada Industrial Batteries Market Type Outlook (Revenue, USD Million , 2018-2030)
- Lead-Acid
- Lithium-Based
- Lithium-BasedaOthers
- Canada Industrial Batteries Market Application Outlook (Revenue, USD Million , 2018-2030)
- Motive Power
- Telecom & Data Communication
- Uninterruptible Power Supply (UPS)/Backup
- Grid-Level Energy Storage
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Industrial Batteries Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Industrial Batteries Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Industrial Batteries Market, 2018-2030 (US$M)
Canada industrial batteries market statistics, by type, 2018-2030 (US$M)
