Battery Racks Market to Reach $4.7 Bn by 2030 | Asia-Pacific Leads with High Demand for Energy Storage Solutions

Battery Racks Market to Surge to $4.7 Billion by 2030: Trends, Drivers, and Strategic Outlook

WILMINGTON, DE, UNITED STATES, September 15, 2025 /EINPresswire.com/ --

The global Battery Racks Market is poised for steady growth, projected to reach $4.7 billion by 2030, rising from $3.3 billion in 2020, at a CAGR of 3.8% from 2021 to 2030, according to the latest report by Allied Market Research.

Battery racks are essential for the safe, efficient, and organized installation, operation, and maintenance of batteries. These structures accommodate multiple battery tiers, allowing safe spacing and easy handling across various industries, notably energy storage, telecommunications, and power generation.

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🌍 Regional Market Dynamics

In 2020, Asia-Pacific led the global battery racks market with around 52% revenue share, driven by significant investments in energy infrastructure in countries like China, India, Japan, and Australia.

Asia-Pacific is also projected to grow at the fastest CAGR of 4.1% during the forecast period.

North America held the largest market share in 2020 due to mature industrial infrastructure and early adoption of advanced energy storage technologies.

🚀 Market Growth Drivers

Several key factors are propelling the growth of the Battery Racks Market:

Rapid expansion of energy storage systems: As renewable energy sources like solar and wind power grow, the need for reliable energy storage increases, boosting battery rack demand.

Ease of installation and operation: Simplified designs and maintenance-friendly structures make battery racks an attractive solution for businesses.

Rising energy demand from emerging economies: China, India, and other developing countries drive market expansion as they focus on energy storage solutions for industrial, commercial, and residential applications.

Data center proliferation and SME growth: The rising number of data centers and small-and medium-sized enterprises increases the need for organized and secure battery storage solutions.

Battery racks offer the added benefit of protecting batteries from physical damage and simplifying handling and maintenance processes, increasing their appeal to industrial users.

⚠️ Market Challenges

Despite the positive growth outlook, the market faces some hurdles:

Raw material price volatility: Fluctuations in raw material prices are expected to hinder market growth during the forecast period.

Impact of COVID-19 pandemic: Global supply chain disruptions, strict lockdowns, and halted manufacturing activities led to a decline in demand, particularly from the energy and telecommunication sectors.

However, as economies recover and technological innovations emerge, market opportunities are expected to rise, especially in energy storage advancements and new applications.

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🔍 Market Segmentation Insights

By Type:

The VRLA (Valve Regulated Lead Acid) battery rack segment dominated the market in 2020, holding over 52% of total revenue share. Its reliability and widespread use in power backup applications drive its leading position.

By Material:

The steel segment led the market in 2020, capturing around 49.5% market share. Steel provides durability and structural integrity, making it ideal for industrial use.

The plastic segment is anticipated to grow at the fastest CAGR of 4.6%, driven by its lightweight and corrosion-resistant properties.

By Application:

The power storage segment was the largest in 2020, holding approximately 50% of the revenue share. As renewable energy systems expand, battery racks in energy storage solutions are critical to ensure efficient and reliable operations.

This segment is expected to maintain the highest CAGR of 4.2% through 2030.

🏭 Key Market Players

Major players operating in the global battery racks industry include:

Newton Instrument Co.

Storage Battery Systems, LLC

EnviroGuard

Sakcett Systems, Inc.

Specialized Storage Solutions

Tripp Lite

Emerson Electric Co.

Luminous Power Technologies

Su-Kam Power Systems

Huawei Technologies Co., Ltd.

These companies continue to invest in product innovation and expansion strategies to strengthen their market presence and meet rising demand.

🦠 COVID-19 Impact Analysis

The outbreak of the novel coronavirus in 2020 negatively impacted the battery racks market. Strict lockdowns worldwide disrupted supply chains, caused material shortages, and halted manufacturing activities. Energy and telecommunication sectors—key consumers of battery racks—experienced a significant drop in demand due to suspended operations.

Despite these short-term challenges, the long-term market outlook remains positive, supported by technological advancements and increasing global energy storage requirements.

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🌟 Conclusion & Future Outlook

The Battery Racks Market is expected to experience steady growth in the coming years, driven by the accelerating energy transition and digitalization of industrial applications. Rising demand from emerging markets, ongoing technological innovations, and expanding data centers are crucial factors propelling the market forward.

With increasing public and private investments in energy storage solutions, battery racks will remain a critical component in supporting global efforts toward sustainable and efficient energy management systems.

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research
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