The report "Industrial Batteries Market With Covid-19 Impact Analysis, By Battery Type (Lead-acid, Lithium-ion), End-Use Industry (Stationary, Motive), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2027"The global Industrial batteries market size is projected to grow from USD 18.1 billion in 2022 to USD 28.1 billion by 2027, at a CAGR of 9.2% between 2022 and 2027. Increasing demand for grid energy storage systems owing to ongoing grid modernization is driving the Industrial batteries market. Solar and wind energy are the leading renewable energy types stored in grids. However, clouds or fluctuating wind currents lead to variations in the process of energy generation. Such fluctuations create the requirement for flexible grid systems utilized to store energy. Industrial batteries are becoming an integral part of grid modernization. These systems help grid operators save electricity when the electricity generated exceeds the demand. The adoption of these systems improves the reliability and flexibility of electricity supply systems with respect to the generation, transmission, and distribution of electric power.