Batteries, Charging and Exchange Systems for Materials Handling Equipment

Aug 2019| FCB046A| BCC Publishing

Report Highlights

North American market for industrial batteries, battery chargers and battery exchangers based on consensus scenario should grow from $2.3 billion in 2019 to nearly $3.0 billion by 2024 with a compound annual growth rate (CAGR) of 5.0% for the period of 2019-2024.

Report Includes

  • 107 data tables and 89 additional tables
  • A detailed overview of batteries, charging and battery exchange systems for material handling equipment in the North American region
  • Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
  • Quantitative study of the market by various categories and sub-categories, including major battery types, charging technologies, exchange systems and owner operations, and applications
  • Insight into the government regulations, pricing structure, performance monitoring, and pricing pressure for the off-road battery-provided motive power industrial applications for material handling equipment
  • Detailed profiles of market leading companies within the industry, including Crown Battery Manufacturing Co., Douglas Battery, Electrovaya, Farasis Energy, Hoppecke Batteries Inc., Storage Battery Systems Inc. and Exide Technologies (GNB)

Report Scope

The scope of this report is specifically focused on industrial material handling equipment batteries, charging systems and battery exchange systems in North America. The market is broken down by major battery types, charging technologies, exchange systems and owner operations and applications. The market is discussed with estimated values derived from available data.

This report focuses only on off-road, battery-provided motive power industrial applications for material handling equipment. On-road vehicles—such as transport vehicles or trucks, internal combustion and fuel cell powered vehicles and their refueling systems—are not investigated. In a like manner, large specialty applications such as ship cargo handling equipment are not investigated.

Automatic guided vehicles (AGVs) are a special class of robotic material handling equipment. AGVs are the specific focus of BCC Research report IAS099A, “Automated Material Handling Equipment and Systems: The North American Market.” AGVs perform many of the same functions as other material handling equipment and, for this report, will be grouped with the similar class rather than being discussed separately.

The report also includes a discussion of the major vendors across each application and specialty market. Further, it explains the major drivers and dynamics of the market and current trends within the industry.

The report concludes with a special focus on the vendor landscape and includes detailed profiles of the major vendors in the industrial battery, battery charging and battery exchange equipment markets.

This report details actual figures for 2018 and compound annual growth rate (CAGR) projections for 2019 to 2024. A discussion of emerging technologies describes the areas in which research is being performed and incentivized and their anticipated effects in future markets.

Note that values are expressed in millions of dollars, and sales are expressed in 1,000 units. In both cases, totals are rounded to the nearest integer (i.e., less than $500,000 is expressed as $0). Values are based on the equivalent of retail, which is the price publicly advertised. In some cases, sales may be less than 500 units but because of high cost, value may exceed $1 million. In these cases, the quantities are expressed as “<1”.

Analyst Credentials

This report’s project analyst, Stephen Schey, had more than 10 years of experience in the electric forktruck battery charging industry, starting in 1996. He was involved in the design and business case development of the first system for fast-charging industrial forktruck batteries (Minit-Charger). He participated in the development of the technology products into a strategic offering for customers and developed the value proposition for replacing the traditional battery exchange systems for multi-shift operations. He sold the first units in a manufacturing environment in 1998. He managed the southern region of the United States, promoting and selling the Minit‐Charger product to warehouses, distribution centers and airports through managed national accounts and local dealers.

Table of Contents & Pricing

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at
Title/Chapter Name Pages Price Member Price
Full Report: Batteries, Charging and Exchange Systems for Materials Handling Equipment 214 $5,500 Free
Chapter- 1: Introduction9Free DownloadFree
Chapter- 2: Summary and Highlights2$250Free
Chapter- 3: Market and Technology Background72$1,868Free
Chapter- 4: Market Breakdown by Battery Technology51$1,323Free
Chapter- 5: Market Breakdown by Charging Technology16$415Free
Chapter- 6: Market Breakdown by Exchange Technology5$130Free
Chapter- 7: Patent Review and New Developments10$259Free
Chapter- 8: Company Profiles by Market47$1,219Free
Chapter- 9: Appendix: Acronyms2$52Free

When do I get the report?
Most reports are fulfilled immediately. In some cases, it could take up to 24 hours.

In what format does this report get delivered to me?
We will send you an email with login credentials to access the report. You will also be able to download the pdf.

What are the free reports included in my purchase?
They consist of a collection of current reports from various partner publishers scanning multiple industries.

What is the difference between BCC Research and BCC Publishing?
BCC Research curates thousands of reports from different sources and provides access to this content to our clients. BCC Publishing is the publication arm of BCC Research (one of several publishers in our portal).

What reports do I get 'discounts' on with my purchase?
All reports. BCC Publishing reports will be available for a 50% discount. All other partner publishers are also available at deeply discounted rates.

Where are you located?
Wellesley Massachusetts, just outside of Boston, Massachusetts, USA.

How long has BCC Research been around?
We are approaching our 50 year anniversary in 2021!

What if I want you to invoice me for payment via Purchase Order?
Simply choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.

What if I have a question about your reports?
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times, and included in every purchase, to help our customers find the research they need-when they need it.

Can I share this report with my team?
Absolutely yes, with the purchase of additional user licenses.

Can I use your research in my presentation?
Absolutely yes, so long as the publisher is properly cited.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report