Report Detail
Global (United States, European Union and China) Battery Energy Storage Market Research Report 2019-2025
- RnM3656443 |
- 08 August, 2019 |
- Global |
- 115 Pages |
- QYResearch |
- Energy & Power
The lithium-ion batteries have a long lifespan of 5–10 years, and up to 98% efficiency (i.e., only 2% of electrical charge is lost during use). The lithium-ion batteries have very high energy and power densities, which leads to lower weight with low standby losses, and high life expectancy. Lithium-ion batteries continue to hold a large size of the battery energy storage system market owing to its features such as high energy density, self-discharge capability, low maintenance requirement, less weight, and high life expectancy. Battery energy storage system is well suited for smoothing the variable output of renewables and controlling the rapid ramping up and down of solar as well as wind generation. The grid operators and regulators are aware of the importance of battery energy storage systems and their ability to cater through multiple services. The utility operators are using these systems in their resource planning processes, which reduces the system costs and increases storage capacity.
The major drivers for the growth of the market include the increasing demand for grid-connected solutions, high demand for the lithium-ion technology in the renewable energy industry, and declining prices of lithium-ion batteries. However, the factors such as the installation of battery energy storage systems in remote locations pose a challenge for the players in the market. the Americas dominated the battery energy storage market for smart grid and accounted for around 60% of the total market share. Much of the region’s growth can be attributed to the increasing use of smart grids and the increasing need for energy storage for distributed systems. The governmental support across different countries in the region and the growing investments in the development and deployment of integrated smart grid systems is expected to drive the demand for smart energy in the region in the coming years.
In 2019, the market size of Battery Energy Storage is 1520 million US$ and it will reach 14900 million US$ in 2025, growing at a CAGR of 33.0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Battery Energy Storage.
This report studies the global market size of Battery Energy Storage, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Battery Energy Storage production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Siemens
ABB
Samsung SDI
Bosch
BYD
...
Market Segment by Product Type
Li-Ion Batteries
Lead-Acid Batteries
Sodium Sulfur Batteries
Market Segment by Application
Residential
Non-Residential
Utilities
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Battery Energy Storage status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Battery Energy Storage manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Battery Energy Storage are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Table of Contents
1 Report Overview
- 1.1 Research Scope
- 1.2 Major Manufacturers Covered in This Report
- 1.3 Market Segment by Type
- 1.3.1 Global Battery Energy Storage Market Size Growth Rate by Type (2019-2025)
- 1.3.2 Li-Ion Batteries
- 1.3.3 Lead-Acid Batteries
- 1.3.4 Sodium Sulfur Batteries
- 1.4 Market Segment by Application
- 1.4.1 Global Battery Energy Storage Market Share by Application (2019-2025)
- 1.4.2 Residential
- 1.4.3 Non-Residential
- 1.4.4 Utilities
- 1.4.5 Others
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Production and Capacity Analysis
- 2.1.1 Global Battery Energy Storage Production Value 2014-2025
- 2.1.2 Global Battery Energy Storage Production 2014-2025
- 2.1.3 Global Battery Energy Storage Capacity 2014-2025
- 2.1.4 Global Battery Energy Storage Marketing Pricing and Trends
- 2.2 Key Producers Growth Rate (CAGR) 2019-2025
- 2.2.1 Global Battery Energy Storage Market Size CAGR of Key Regions
- 2.2.2 Global Battery Energy Storage Market Share of Key Regions
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
3 Market Share by Manufacturers
- 3.1 Capacity and Production by Manufacturers
- 3.1.1 Global Battery Energy Storage Capacity by Manufacturers
- 3.1.2 Global Battery Energy Storage Production by Manufacturers
- 3.2 Revenue by Manufacturers
- 3.2.1 Battery Energy Storage Revenue by Manufacturers (2014-2019)
- 3.2.2 Battery Energy Storage Revenue Share by Manufacturers (2014-2019)
- 3.2.3 Global Battery Energy Storage Market Concentration Ratio (CR5 and HHI)
- 3.3 Battery Energy Storage Price by Manufacturers
- 3.4 Key Manufacturers Battery Energy Storage Plants/Factories Distribution and Area Served
- 3.5 Date of Key Manufacturers Enter into Battery Energy Storage Market
- 3.6 Key Manufacturers Battery Energy Storage Product Offered
- 3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
- 4.1 Production and Production Value for Each Type
- 4.1.1 Li-Ion Batteries Production and Production Value (2014-2019)
- 4.1.2 Lead-Acid Batteries Production and Production Value (2014-2019)
- 4.1.3 Sodium Sulfur Batteries Production and Production Value (2014-2019)
- 4.2 Global Battery Energy Storage Production Market Share by Type
- 4.3 Global Battery Energy Storage Production Value Market Share by Type
- 4.4 Battery Energy Storage Ex-factory Price by Type
5 Market Size by Application
- 5.1 Overview
- 5.2 Global Battery Energy Storage Consumption by Application
6 Production by Regions
- 6.1 Global Battery Energy Storage Production (History Data) by Regions 2014-2019
- 6.2 Global Battery Energy Storage Production Value (History Data) by Regions
- 6.3 United States
- 6.3.1 United States Battery Energy Storage Production Growth Rate 2014-2019
- 6.3.2 United States Battery Energy Storage Production Value Growth Rate 2014-2019
- 6.3.3 Key Players in United States
- 6.3.4 United States Battery Energy Storage Import & Export
- 6.4 European Union
- 6.4.1 European Union Battery Energy Storage Production Growth Rate 2014-2019
- 6.4.2 European Union Battery Energy Storage Production Value Growth Rate 2014-2019
- 6.4.3 Key Players in European Union
- 6.4.4 European Union Battery Energy Storage Import & Export
- 6.5 China
- 6.5.1 China Battery Energy Storage Production Growth Rate 2014-2019
- 6.5.2 China Battery Energy Storage Production Value Growth Rate 2014-2019
- 6.5.3 Key Players in China
- 6.5.4 China Battery Energy Storage Import & Export
- 6.6 Rest of World
- 6.6.1 Japan
- 6.6.2 Korea
- 6.6.3 India
- 6.6.4 Southeast Asia
7 Battery Energy Storage Consumption by Regions
- 7.1 Global Battery Energy Storage Consumption (History Data) by Regions
- 7.2 United States
- 7.2.1 United States Battery Energy Storage Consumption by Type
- 7.2.2 United States Battery Energy Storage Consumption by Application
- 7.3 European Union
- 7.3.1 European Union Battery Energy Storage Consumption by Type
- 7.3.2 European Union Battery Energy Storage Consumption by Application
- 7.4 China
- 7.4.1 China Battery Energy Storage Consumption by Type
- 7.4.2 China Battery Energy Storage Consumption by Application
- 7.5 Rest of World
- 7.5.1 Rest of World Battery Energy Storage Consumption by Type
- 7.5.2 Rest of World Battery Energy Storage Consumption by Application
- 7.5.1 Japan
- 7.5.2 Korea
- 7.5.3 India
- 7.5.4 Southeast Asia
8 Company Profiles
- 8.1 Siemens
- 8.1.1 Siemens Company Details
- 8.1.2 Company Description and Business Overview
- 8.1.3 Production and Revenue of Battery Energy Storage
- 8.1.4 Battery Energy Storage Product Introduction
- 8.1.5 Siemens Recent Development
- 8.2 ABB
- 8.2.1 ABB Company Details
- 8.2.2 Company Description and Business Overview
- 8.2.3 Production and Revenue of Battery Energy Storage
- 8.2.4 Battery Energy Storage Product Introduction
- 8.2.5 ABB Recent Development
- 8.3 Samsung SDI
- 8.3.1 Samsung SDI Company Details
- 8.3.2 Company Description and Business Overview
- 8.3.3 Production and Revenue of Battery Energy Storage
- 8.3.4 Battery Energy Storage Product Introduction
- 8.3.5 Samsung SDI Recent Development
- 8.4 Bosch
- 8.4.1 Bosch Company Details
- 8.4.2 Company Description and Business Overview
- 8.4.3 Production and Revenue of Battery Energy Storage
- 8.4.4 Battery Energy Storage Product Introduction
- 8.4.5 Bosch Recent Development
- 8.5 BYD
- 8.5.1 BYD Company Details
- 8.5.2 Company Description and Business Overview
- 8.5.3 Production and Revenue of Battery Energy Storage
- 8.5.4 Battery Energy Storage Product Introduction
- 8.5.5 BYD Recent Development
9 Market Forecast
- 9.1 Global Market Size Forecast
- 9.1.1 Global Battery Energy Storage Capacity, Production Forecast 2019-2025
- 9.1.2 Global Battery Energy Storage Production Value Forecast 2019-2025
- 9.2 Market Forecast by Regions
- 9.2.1 Global Battery Energy Storage Production and Value Forecast by Regions 2019-2025
- 9.2.2 Global Battery Energy Storage Consumption Forecast by Regions 2019-2025
- 9.3 United States
- 9.3.1 Production and Value Forecast in United States
- 9.3.2 Consumption Forecast in United States
- 9.4 European Union
- 9.4.1 Production and Value Forecast in European Union
- 9.4.2 Consumption Forecast in European Union
- 9.5 China
- 9.5.1 Production and Value Forecast in China
- 9.5.2 Consumption Forecast in China
- 9.6 Rest of World
- 9.6.1 Japan
- 9.6.2 Korea
- 9.6.3 India
- 9.6.4 Southeast Asia
- 9.7 Forecast by Type
- 9.7.1 Global Battery Energy Storage Production Forecast by Type
- 9.7.2 Global Battery Energy Storage Production Value Forecast by Type
- 9.8 Consumption Forecast by Application
10 Value Chain and Sales Channels Analysis
- 10.1 Value Chain Analysis
- 10.2 Sales Channels Analysis
- 10.2.1 Battery Energy Storage Sales Channels
- 10.2.2 Battery Energy Storage Distributors
- 10.3 Battery Energy Storage Customers
11 Opportunities & Challenges, Threat and Affecting Factors
- 11.1 Market Opportunities
- 11.2 Market Challenges
- 11.3 Porter's Five Forces Analysis
12 Key Findings
13 Appendix
- 13.1 Research Methodology
- 13.1.1 Methodology/Research Approach
- 13.1.1.1 Research Programs/Design
- 13.1.1.2 Market Size Estimation
- 13.1.1.3 Market Breakdown and Data Triangulation
- 13.1.2 Data Source
- 13.1.2.1 Secondary Sources
- 13.1.2.2 Primary Sources
- 13.1.1 Methodology/Research Approach
- 13.2 Author Details
Summary:
Get latest Market Research Reports on Battery Energy Storage . Industry analysis & Market Report on Battery Energy Storage is a syndicated market report, published as Global (United States, European Union and China) Battery Energy Storage Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Battery Energy Storage market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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