Market value of batteries for industrial applications in North America from 2021 to 2023, with a forecast until 2031, by leading country
(in million U.S. dollars)
Characteristic
United States
Canada
Mexico
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The United States accounted for the largest market for industrial batteries in North America in 2023. This trend is expected to continue throughout the next 10 years, although Mexico will account for the largest compound annual growth rate in the region between 2024 and 2031. As of 2023, the U.S.' market of industrial batteries was second only to China.
More information on the global industrial battery market can be found .
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Extrapolate. (February 9, 2024). Market value of batteries for industrial applications in North America from 2021 to 2023, with a forecast until 2031, by leading country (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1451378/industrial-battery-market-value-forecast-north-america-by-country/
Extrapolate. "Market value of batteries for industrial applications in North America from 2021 to 2023, with a forecast until 2031, by leading country (in million U.S. dollars)." Chart. February 9, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1451378/industrial-battery-market-value-forecast-north-america-by-country/
Extrapolate. (2024). Market value of batteries for industrial applications in North America from 2021 to 2023, with a forecast until 2031, by leading country (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1451378/industrial-battery-market-value-forecast-north-america-by-country/
Extrapolate. "Market Value of Batteries for Industrial Applications in North America from 2021 to 2023, with a Forecast until 2031, by Leading Country (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Feb 2024, /statistics/1451378/industrial-battery-market-value-forecast-north-america-by-country/
Extrapolate, Market value of batteries for industrial applications in North America from 2021 to 2023, with a forecast until 2031, by leading country (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1451378/industrial-battery-market-value-forecast-north-america-by-country/ (last visited August 01, 2026)
Market value of batteries for industrial applications in North America from 2021 to 2023, with a forecast until 2031, by leading country (in million U.S. dollars) [Graph], Extrapolate, February 9, 2024. [Online]. Available: /statistics/1451378/industrial-battery-market-value-forecast-north-america-by-country/
