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Industrial Batteries Market worth $34.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, July 12, 2024 /PRNewswire/ — The report “Industrial Batteries Market by Battery Type (Lead-acid, Lithium-ion), End-Use Industry (Stationary, Motive), and Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) – Global Forecast to 2029″, Industrial Batteries Market size is projected to grow from USD 21.2 billion in 2024 to USD 34.7 billion by 2029, at a CAGR of 10.3%.

The market for industrial batteries is being driven by the growing need for grid energy storage solutions as a result of continuous grid modernization. The two most common renewable energy sources that are stored in networks are solar and wind energy. However, fluctuations in the process of energy creation are caused by clouds or wind currents that fluctuate. These variations make flexible grid systems—which are used to store energy—necessary. Industrial batteries are starting to play a crucial role in modernising the grid. When there is a surplus of power produced above what is needed, these solutions assist grid operators in conserving energy. Adoption of these technologies enhances the distribution, transmission, and production of electric power supply systems’ flexibility and dependability.

Browse in-depth TOC on “Industrial Batteries Market”
228 – Tables        
51 – Figures
250 – Pages

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The lead acid battery is expected to account for the largest share of the industrial batteries Market, by battery type, during the forecast period, in terms of value.

By battery type, Lead-acid batteries are anticipated to account for the largest market share during the forecast period in terms of value due to their widespread use and proven reliability in various industrial applications. These batteries are favored for their cost-effectiveness, robust performance, and ability to provide high surge currents, making them ideal for applications such as backup power systems, forklifts, and large-scale energy storage. The mature technology and established supply chain infrastructure further contribute to their dominant market position. Additionally, ongoing advancements in lead-acid battery technology, such as improved energy density and longer lifespan, ensuring sustained demand and market leadership in the industrial battery market.

By end-use industry, stationery segment is accounted for the largest market share during the forecast period in terms of value.

Based on end-use industry, The stationary segment is projected to hold the largest market share in terms of value during the forecast period due to its critical role in providing reliable power solutions across various industries. This includes applications such as backup power for data centers, telecommunications, and uninterruptible power supplies (UPS) for essential infrastructure. The growing emphasis on maintaining continuous power availability in an increasingly digital and connected world drives demand for industrial batteries. Additionally, the rising adoption of renewable energy sources requires efficient energy storage solutions, further boosting the industrial batteries market. The proven reliability, long service life, and advanced energy management capabilities of these batteries make them indispensable for ensuring operational continuity and grid stability.

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North America is projected to register the largest market share during the forecast period.

North America is accounted for the largest market share in the industrial batteries market during the forecast period, driven by several key factors. The region’s robust industrial base significantly boosts demand for reliable and efficient energy storage solutions, and other factors. The strong presence of data centers and telecommunications infrastructure, requiring continuous power backup, also contributes to North America’s dominant market position in the industrial batteries sector. The manufacture of industrial batteries in North America are EnerSys Inc. (US), East Penn Manufacturing Company (US), and others.

Some of the leading players in this market include C&D Technologies, Inc. (US), EnerSys, Inc. (US), Exide Industries Ltd. (India), Crown Batteries (US), GS Yuasa Corporation (Japan), among others.

Browse Adjacent Market: Equipment Machine and Tooling Market Research Reports

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About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Inner City Visions releases a 24-hour virtual support center to combat Human Trafficking

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Inner City Visions offers 24-hour virtual support services through ‘Angelito’, an app to ensure at-risk children and families safety from human trafficking. Inner City Visions (ICV) is a 501(c)(3) non-profit organization founded in 2007 in the epicenter of South Los Angeles. They engage what is statistically the most vulnerable population of at-risk and exploited youth and provide solutions to their ever-evolving hardships. Combatting human trafficking

LOS ANGELES, Jan. 8, 2025 /PRNewswire-PRWeb/ — Inner City Visions offers 24-hour virtual support services through ‘Angelito’, an app to ensure at-risk children and families safety from human trafficking

Robert Rodriguez Co-Creator of Angilito App. “Sex Trafficking happens 24 hours a day. We need a tool that works 24 hours a day.”

Alfred Lomas, founder and Executive Director of Inner City Visions (ICV), and his team take the next step in expanding their initiatives through the creation of ‘Angelito’, an app that aims to prevent the exploitation of families and sex trafficking of at-risk children.

The community-based organization has created promising results of harm reduction at the epicenter of South Los Angeles and continues to operate and make societal improvements within that community. ICV’s anti-trafficking efforts have resulted in an 85% success rate based on a one-year programming retention process outcome (2017).

The organization’s work continues to expand as they propose a new, virtual outlet in support of victims facing risks of exploitation and sex trafficking.

‘Angelito’ aims to establish a safe space away from violence by using Artificial Intelligence (AI) for strategic assistance and to prevent harm ideation. The app serves as an easily accessible, virtual lifeline that provides 24-hour support for victims and trafficking survivors in order to reduce the high recidivism rates as a result of the existing gaps in other services. It consists of emergency response and critical care support, connectivity for high-risk trafficking survivors to essential services, algorithms supported to prevent harm ideation, data recovery for strategic interventions and prevention efforts and more.

‘Angelito’ is engineered to appear as a gaming app at first glance as a way to protect users from pimps and controllers. This hidden feature functions as a safety measure that will less likely draw a perpetrator’s attention, allowing a client to use it without the fear of getting caught.

The app highlights ICV’s unique ability to engage and connect with Commercial Sexual Exploitation of Children and Youth (CSECY). ICV aims to have ‘Angelito’ be available for installation through Apple IOS and Android applications and is set to be released in the fall of 2025.

Written by: Odessa Hairapetian

odessacelestt@gmail.com

(626) 223-0840

Media Contact

Inner City Visions

Email: info@innercityvisions.com

Phone: 323.484.0004

Media Contact

Cynthia Dinh, Inner City Vision, 1 323-484-0004, icvinfo@icvcommunity.org, https://innercityvisions.org/

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SOURCE Inner City Vision

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Schools Can Engage Families More Effectively and Improve Enrollment Through Strategic Technology Use, Says Info-Tech Research Group

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With increasing competition in K-12 Education to attract and retain students, a recently published blueprint from Info-Tech Research Group will provide schools with a clear path to optimising enrollment management. By focusing on key areas such as improving operational efficiency, reducing administrative workload, and enhancing family engagement, the global research and advisory firm’s new resource is set to equip schools with the tools needed to streamline processes and make informed decisions when it comes to leveraging the power of emerging technologies. With data-driven insights and practical strategies, IT leaders in schools can select the right enrollment system, ensuring long-term success and a better overall experience for students and families.

SYDNEY, Jan. 9, 2025 /PRNewswire/ — The K-12 educational sector is facing increasing competition as schools seek to attract and retain students while managing complex administrative tasks. Enrollment management systems play a critical role in addressing these challenges, yet schools often struggle to evaluate and implement the solution that best fits their unique needs.

Info-Tech Research Group released its latest blueprint, Optimise Enrollment Management for K-12 Education, to equip school IT leaders with the guidance they need to seamlessly integrate modern technology, enhance operational efficiency, and strengthen family engagement, ultimately optimising enrollment strategies for sustained success.

‘The educational sector is rapidly transforming as schools and districts invest in technology to enhance their enrollment processes,’ says Mark Maby, principal research director at Info-Tech Research Group. ‘Enrollment management systems offer comprehensive tools to simplify various aspects of the enrollment process, including application management, automated workflows, centralised data management, personalised communication, and document review.’

Info-Tech’s data-backed resource highlights common challenges schools and their districts encounter when evaluating and selecting an enrollment management system. Many institutions fail to fully recognise the long-term value these systems can provide, resulting in missed opportunities to enhance operational efficiency and improve the student and family experience. The process of selecting the right vendor adds another layer of complexity, as schools must carefully weigh features, costs, and scalability in their decision-making process.

‘Automated workflows manage tasks such as lotteries and wait lists, while centralised data management ensures secure and accessible student information,’ explains Maby. ‘Cloud-based solutions provide scalability and accessibility, allowing administrators to manage processes from any location.’

To ensure schools are equipped to overcome these challenges, the firm recommends a proactive approach that includes evaluating system scalability, automating processes, and aligning enrollment goals with broader institutional objectives. By assessing specific capabilities and future needs, schools can select enrollment management systems that offer both immediate and long-term benefits, ensuring smooth operations and a positive experience for students and their families.

Key Benefits of Effective Enrollment Management:

In the Optimise Enrollment Management for K-12 Education blueprint, Info-Tech highlights the following three key advantages of effective enrollment management that can significantly transform operations for educational institutions:

Improved Efficiency: Automating enrollment processes reduces administrative burdens while centralised data management ensures that all relevant information is secure and accessible from a single location. This approach results in streamlined communications and the elimination of redundant tasks, helping schools operate more smoothly while saving time and resources.

Enhanced Family Engagement: A user-friendly interface, automated notifications, and personalised communication options all culminate in an advantage that fosters stronger connections with families, ensuring they are informed and involved throughout the enrollment journey. This approach also promotes equitable access to essential resources, ensuring that families have all the information they need at their fingertips.

Data-Driven Decision-Making: Schools can leverage advanced reporting and analytics tools to monitor and gain actionable insights into enrollment trends, performance metrics, and areas for improvement. This data-driven approach enables better decision-making, allowing institutions to track and monitor progress effectively and adjust strategies as needed.

By leveraging Info-Tech’s comprehensive blueprint, schools and their districts can make well-informed decisions about selecting and implementing an enrollment management system tailored to their unique needs. With a focus on increasing operational efficiency, cost-effectiveness, and long-term growth, this guide will equip school IT leaders with the necessary tools to enhance their enrollment strategies and create a more streamlined and engaging experience for students and families.

For exclusive and timely commentary from Mark Maby, an expert in the educational sector, and access to the complete Optimise Enrollment Management for K-12 Education blueprint, please contact pr@infotech.com.

About Info-Tech Research Group
Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.

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Media Contact: Sufyan Al-Hassan, Senior PR Manager, Info-Tech Research Group, salhassan@infotech.com | +1 (888) 670-8889 x2418

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SOURCE Info-Tech Research Group

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AllenComm Recognized as a Top Content Provider for Leadership Development 2025 by eLearning Industry

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AllenComm — a leading provider of innovative, effective learning experiences — is named by eLearning Industry as one of the Top Content Providers for Leadership Development for 2025, earning a five-star rating.

SALT LAKE CITY, Jan. 8, 2025 /PRNewswire/ — The award-winning team at AllenComm, an innovator in learning advisory, design, tech and talent for the corporate learning and development market, has earned recognition and a five-star rating as a leading provider of leadership development services.

The list of top leadership development content providers named by eLearning Industry serves as an industry resource, directory and source of credible learning and development (L&D) information for organizations seeking expert-level support for their L&D programs.

In their announcement of the award, eLearning Industry noted: “It’s vital that you best equip new leaders with a secure footing as they begin their careers in management. … All the content providers on this top list can develop your top talents and core leadership skills with their courses and strategies. Besides, with their help, you can also improve employee retention and engagement, foster positive work relationships and encourage continuous professional growth within your teams.”

Ron Zamir, AllenComm President and CEO, commented, “Targeted leadership development — focused on the organization’s most critical needs — has always been a focus and passion for our team. Today, our toolkit is more flexible and effective than ever before, allowing us to inspire leadership at every level of the organization.”

You can learn more about AllenComm’s leadership development services by visiting their website.

If you would like to know more about any of the above information, please contact an AllenComm representative at info@allencomm.com.

About AllenComm  
For over 40 years, AllenComm has partnered with leading companies and nonprofit organizations to create and scale transformative learning solutions. Extensive instructional design experience, innovative learning technologies and agency-level creative teams enable AllenComm to stand out in the learning landscape. Considered one of the top firms of its kind in the country, AllenComm wins dozens of awards year after year for their solutions. Partnering with AllenComm to supplement and support human capital management needs has helped customers reduce expenses, shorten onboarding periods and raise the impact of their efforts.

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SOURCE AllenComm

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