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United States Inverter Battery Market Research Report 2024-2030

United States Inverter Battery Market Research Report 2024-2030

  • Category:Energy and Natural Resources
  • Published on : 20 October 2024
  • Pages :205
  • Formats:
  • Report Code:24MRES-8013541
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The United States Inverter Battery market size was valued at US$ 1.23 billion in 2024 and is projected to reach US$ 1.98 billion by 2030, at a CAGR of 8.3% during the forecast period 2024-2030.
Inverter Batteries are deep-cycle batteries designed to provide backup power through an inverter during power outages, commonly used in residential, commercial, and industrial settings.
The US Inverter Battery market is growing steadily, driven by increasing power reliability concerns, growth in renewable energy adoption, and the need for uninterrupted power supply in various sectors. In 2023, total unit sales reached 2.5 million, with residential applications accounting for 55% of market value. The market saw a 20% increase in demand for lithium-ion inverter batteries in 2023, offering longer life and faster charging compared to traditional lead-acid batteries. Use in small businesses and home offices is growing at 25% annually. The market is witnessing a trend towards smart, connected inverter battery systems, with a 30% year-over-year increase in sales of batteries featuring remote monitoring and management capabilities. Adoption in off-grid solar systems grew by 35% in 2023. Leading manufacturers are focusing on developing high-capacity, fast-charging inverter batteries, with a 40% increase in product launches featuring advanced battery chemistries and charging algorithms. The industry is also seeing increased interest in modular, scalable battery systems, with a 45% rise in sales of expandable inverter battery solutions for growing energy needs.

This report contains market size and forecasts of Inverter Battery in United States, including the following market information:
•    United States Inverter Battery Market Revenue, 2019-2024, 2024-2030, ($ millions)
•    United States Inverter Battery Market Sales, 2019-2024, 2024-2030,
•    United States Top five Inverter Battery companies in 2023 (%)

Report Includes

This report presents an overview of United States market for Inverter Battery , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report focuses on the Inverter Battery sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Inverter Battery market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Under 450W
•    450W-1500W
•    Above 1500W

Segment by Applications

•    Electronic Products
•    Electric Cars
•    Household Appliances
•    Other

Key Companies covered in this report:

•    Johnson Controls
•    Exide Technologies
•    East Penn Manufacturing
•    EnerSys
•    Trojan Battery Company
•    Amara Raja Batteries
•    XS Power Batteries
•    NorthStar Battery Company
•    ACDelco Batteries
•    Duracell Automotive

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Inverter Battery revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
•    Key companies Inverter Battery revenues share in United Statesn market, 2023 (%)
•    Key companies Inverter Battery sales in United Statesn market, 2019-2024 (Estimated),
•    Key companies Inverter Battery sales share in United Statesn market, 2023 (%)

Key Indicators Analysed
•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
•    Opportunities and Drivers: Identifying the Growing Demands and New Technology
•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:
•    Industry drivers, restraints, and opportunities covered in the study
•    Neutral perspective on the market performance
•    Recent industry trends and developments
•    Competitive landscape & strategies of key players
•    Potential & niche segments and regions exhibiting promising growth covered
•    Historical, current, and projected market size, in terms of value
•    In-depth analysis of the Inverter Battery Market
•    Overview of the regional outlook of the Inverter Battery Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
•    This enables you to anticipate market changes to remain ahead of your competitors
•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
•    Provision of market value (USD Billion) data for each segment and sub-segment
•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
•    Provides insight into the market through Value Chain
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:
•    Global Inverter Battery Market 
•    United States Inverter Battery Market 
•    Japan Inverter Battery Market 
•    Germany Inverter Battery Market 
•    South Korea Inverter Battery Market 
•    Indonesia Inverter Battery Market 
•    Brazil Inverter Battery Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.

TABLE OF CONTENTS

1 STUDY COVERAGE


1.1 Inverter Battery Product Introduction


1.2 Market by Type


1.2.1 United Statesn Inverter Battery Market Size Growth Rate by Type, 2019 VS 2023 VS 2030

1.2.2 Under 450W    

1.2.3 450W-1500W

1.2.4 Above 1500W

1.3 Market by Application


1.3.1 United States Inverter Battery Market Size Growth Rate by Application, 2019 VS 2023 VS 2030

1.3.2    Electronic Products

1.3.3    Electric Cars

1.3.4    Household Appliances

1.3.5    Other

1.4 United States Inverter Battery Sales Estimates and Forecasts 2019-2030

1.5 United States Inverter Battery Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030

1.6 Study Objectives

1.7 Years Considered


2 COMPETITION BY MANUFACTURERS


2.1 United States Inverter Battery Sales by Manufacturers

2.1.1 United States Inverter Battery Sales by Manufacturers (2019-2024)

2.1.2 United States Inverter Battery Sales Market Share by Manufacturers (2019-2024)

2.1.3 Top Largest Manufacturers of Inverter Battery in 2023 in United States

2.2 United States Inverter Battery Revenue by Manufacturers

2.2.1 United States Inverter Battery Revenue by Manufacturers (2019-2024)

2.2.2 United States Inverter Battery Revenue Market Share by Manufacturers (2019-2024)

2.2.3 United States Top Companies by Inverter Battery Revenue in 2023

2.3 United States Inverter Battery Sales Price by Manufacturers (2019-2024)

2.4 Analysis of Competitive Landscape

2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)

2.4.2 United States Inverter Battery by Company Type (Tier 1, Tier 2, and Tier 3)

2.4.3 United States Inverter Battery Manufacturers Geographical Distribution

2.5 Mergers & Acquisitions, Expansion Plans


3 United States Inverter Battery MARKET SIZE BY REGION


3.1 Inverter Battery Market Size by Region: 2019-2030

3.1.1 United States Inverter Battery Sales by Region: 2019-2024

3.1.2 United States Inverter Battery Sales Forecast by Region (2025-2030)

3.1.3 United States Inverter Battery Revenue by Region: 2019-2024

3.1.4 United States Inverter Battery Revenue Forecast by Region (2025-2030)


4 MARKET SIZE BY TYPE


4.1 United States Inverter Battery Sales by Type

4.1.1 United States Inverter Battery Historical Sales by Type (2019-2024)

4.1.2 United States Inverter Battery Forecasted Sales by Type (2025-2030)

4.1.3 United States Inverter Battery Sales Market Share by Type (2019-2030)

4.2 United States Inverter Battery Revenue by Type

4.2.1 United States Inverter Battery Historical Revenue by Type (2019-2024)

4.2.2 United States Inverter Battery Forecasted Revenue by Type (2025-2030)

4.2.3 United States Inverter Battery Revenue Market Share by Type (2019-2030)

4.3 United States Inverter Battery Price by Type

4.3.1 United States Inverter Battery Price by Type (2019-2024)

4.3.2 United States Inverter Battery Price Forecast by Type (2025-2030)


5 MARKET SIZE BY APPLICATION


5.1 United States Inverter Battery Sales by Application

5.1.1 United States Inverter Battery Historical Sales by Application (2019-2024)

5.1.2 United States Inverter Battery Forecasted Sales by Application (2025-2030)

5.1.3 United States Inverter Battery Sales Market Share by Application (2019-2030)

5.2 United States Inverter Battery Revenue by Application

5.2.1 United States Inverter Battery Historical Revenue by Application (2019-2024)

5.2.2 United States Inverter Battery Forecasted Revenue by Application (2025-2030)

5.2.3 United States Inverter Battery Revenue Market Share by Application (2019-2030)

5.3 United States Inverter Battery Price by Application

5.3.1 United States Inverter Battery Price by Application (2019-2024)

5.3.2 United States Inverter Battery Price Forecast by Application (2025-2030)


6.    CORPORATE PROFILE


6.1 Johnson Controls

6.1.1 Johnson Controls Corporation Information

6.1.2 Johnson Controls Overview

6.1.3 Johnson Controls in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.1.4 Johnson Controls Inverter Battery Product Introduction

6.1.5 Johnson Controls Recent Developments


6.2 Exide Technologies

6.2.1 Exide Technologies Corporation Information

6.2.2 Exide Technologies Overview

6.2.3 Exide Technologies in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.2.4 Exide Technologies Inverter Battery Product Introduction

6.2.5 Exide Technologies Recent Developments


6.3 East Penn Manufacturing

6.3.1 East Penn Manufacturing Corporation Information

6.3.2 East Penn Manufacturing Overview

6.3.3 East Penn Manufacturing in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.3.4 East Penn Manufacturing Inverter Battery Product Introduction

6.3.5 East Penn Manufacturing Recent Developments


6.4 EnerSys

6.4.1 EnerSys Corporation Information

6.4.2 EnerSys Overview

6.4.3 EnerSys in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.4.4 EnerSys Inverter Battery Product Introduction

6.4.5 EnerSys Recent Developments


6.5 Trojan Battery Company

6.5.1 Trojan Battery Company Corporation Information

6.5.2 Trojan Battery Company Overview

6.5.3 Trojan Battery Company in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.5.4 Trojan Battery Company Inverter Battery Product Introduction

6.5.5 Trojan Battery Company Recent Developments


6.6 Amara Raja Batteries

6.6.1 Amara Raja Batteries Corporation Information

6.6.2 Amara Raja Batteries Overview

6.6.3 Amara Raja Batteries in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.6.4 Amara Raja Batteries Inverter Battery Product Introduction

6.6.5 Amara Raja Batteries Recent Developments


6.7 XS Power Batteries

6.7.1 XS Power Batteries Corporation Information

6.7.2 XS Power Batteries Overview

6.7.3 XS Power Batteries in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.7.4 XS Power Batteries Inverter Battery Product Introduction

6.7.5 XS Power Batteries Recent Developments


6.8 NorthStar Battery Company

6.8.1 NorthStar Battery Company Corporation Information

6.8.2 NorthStar Battery Company Overview

6.8.3 NorthStar Battery Company in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.8.4 NorthStar Battery Company Inverter Battery Product Introduction

6.8.5 NorthStar Battery Company Recent Developments


6.9 ACDelco Batteries

6.9.1 ACDelco Batteries Corporation Information

6.9.2 ACDelco Batteries Overview

6.9.3 ACDelco Batteries in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.9.4ACDelco Batteries Inverter Battery Product Introduction

6.9.5 ACDelco Batteries Recent Developments


6.10 Duracell Automotive

6.10.1 Duracell Automotive Corporation Information

6.10.2 Duracell Automotive Overview

6.10.3 Duracell Automotive in United States: Inverter Battery Sales, Price, Revenue and Gross Margin (2019-2024)

6.10.4 Duracell Automotive Inverter Battery Product Introduction

6.10.5 Duracell Automotive Recent Developments


7 INDUSTRY CHAIN AND SALES CHANNELS ANALYSIS


7.1 Inverter Battery Industry Chain Analysis

7.2 Inverter Battery Key Raw Materials

7.2.1 Key Raw Materials

7.2.2 Raw Materials Key Suppliers

7.3 Inverter Battery Production Mode & Process

7.4 Inverter Battery Sales and Marketing

7.4.1 Inverter Battery Sales Channels

7.4.2 Inverter Battery Distributors

7.5 Inverter Battery Customers


8 Inverter Battery MARKET DYNAMICS


8.1.1 Inverter Battery Industry Trends

8.1.2 Inverter Battery Market Drivers

8.1.3 Inverter Battery Market Challenges

8.1.4 Inverter Battery Market Restraints


9 KEY FINDINGS IN THE United States Inverter Battery STUDY


10 APPENDIX


10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.2 Data Source

10.2 Author Details

10.3 Disclaimer

LIST OF TABLES & FIGURES



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