Report Detail
Global (United States, European Union and China) Battery Energy Storage Systems for Smart Grid Market Research Report 2019-2025
- RnM3641000 |
- 02 August, 2019 |
- Global |
- 113 Pages |
- QYResearch |
- Energy & Power
Owing to the growing consumption of power across the globe, there is a greater need for energy storage as distributed generation. Distributed generation produces power close to the areas where it is consumed so that the distance is reduced, resulting in less transmission and distribution losses. Distributed Energy Resources (DER) will be increasingly used to meet the future electricity demands for residential and industrial customers, utilities and commercial customers. The growing requirement to mitigate the power transmission and distribution losses will propel the demand for distributed generation during the forecast period.
Key factors such as the aging power infrastructure, need for mitigation of cybersecurity risks and accumulation of new resources to the grid has propelled the grid manufacturing companies to opt for ways to make the grid reliable, protect it against cybersecurity, and increase flexibility to make rapid changes according to supply and demand conditions. Many utilities are implementing smart grids that use digital and IT systems to manage the power flow efficiently and effectively. The Americas dominated the battery energy storage market for smart grid and accounted for most 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.
In 2019, the market size of Battery Energy Storage Systems for Smart Grid is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% 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 Systems for Smart Grid.
This report studies the global market size of Battery Energy Storage Systems for Smart Grid, 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 Systems for Smart Grid 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
GEAlstom
A123
Bosch
BYD
AES Energy Storage
LG Chem
Market Segment by Product Type
Secondary Batteries
Flow Batteries
Others
Market Segment by Application
Energy Management
Backup Power
Voltage Support
Load Leveling
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 Systems for Smart Grid 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 Systems for Smart Grid 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 Systems for Smart Grid 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 Systems for Smart Grid Market Size Growth Rate by Type (2019-2025)
- 1.3.2 Secondary Batteries
- 1.3.3 Flow Batteries
- 1.3.4 Others
- 1.4 Market Segment by Application
- 1.4.1 Global Battery Energy Storage Systems for Smart Grid Market Share by Application (2019-2025)
- 1.4.2 Energy Management
- 1.4.3 Backup Power
- 1.4.4 Voltage Support
- 1.4.5 Load Leveling
- 1.4.6 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 Systems for Smart Grid Production Value 2014-2025
- 2.1.2 Global Battery Energy Storage Systems for Smart Grid Production 2014-2025
- 2.1.3 Global Battery Energy Storage Systems for Smart Grid Capacity 2014-2025
- 2.1.4 Global Battery Energy Storage Systems for Smart Grid Marketing Pricing and Trends
- 2.2 Key Producers Growth Rate (CAGR) 2019-2025
- 2.2.1 Global Battery Energy Storage Systems for Smart Grid Market Size CAGR of Key Regions
- 2.2.2 Global Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid Capacity by Manufacturers
- 3.1.2 Global Battery Energy Storage Systems for Smart Grid Production by Manufacturers
- 3.2 Revenue by Manufacturers
- 3.2.1 Battery Energy Storage Systems for Smart Grid Revenue by Manufacturers (2014-2019)
- 3.2.2 Battery Energy Storage Systems for Smart Grid Revenue Share by Manufacturers (2014-2019)
- 3.2.3 Global Battery Energy Storage Systems for Smart Grid Market Concentration Ratio (CR5 and HHI)
- 3.3 Battery Energy Storage Systems for Smart Grid Price by Manufacturers
- 3.4 Key Manufacturers Battery Energy Storage Systems for Smart Grid Plants/Factories Distribution and Area Served
- 3.5 Date of Key Manufacturers Enter into Battery Energy Storage Systems for Smart Grid Market
- 3.6 Key Manufacturers Battery Energy Storage Systems for Smart Grid 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 Secondary Batteries Production and Production Value (2014-2019)
- 4.1.2 Flow Batteries Production and Production Value (2014-2019)
- 4.1.3 Others Production and Production Value (2014-2019)
- 4.2 Global Battery Energy Storage Systems for Smart Grid Production Market Share by Type
- 4.3 Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Type
- 4.4 Battery Energy Storage Systems for Smart Grid Ex-factory Price by Type
5 Market Size by Application
- 5.1 Overview
- 5.2 Global Battery Energy Storage Systems for Smart Grid Consumption by Application
6 Production by Regions
- 6.1 Global Battery Energy Storage Systems for Smart Grid Production (History Data) by Regions 2014-2019
- 6.2 Global Battery Energy Storage Systems for Smart Grid Production Value (History Data) by Regions
- 6.3 United States
- 6.3.1 United States Battery Energy Storage Systems for Smart Grid Production Growth Rate 2014-2019
- 6.3.2 United States Battery Energy Storage Systems for Smart Grid Production Value Growth Rate 2014-2019
- 6.3.3 Key Players in United States
- 6.3.4 United States Battery Energy Storage Systems for Smart Grid Import & Export
- 6.4 European Union
- 6.4.1 European Union Battery Energy Storage Systems for Smart Grid Production Growth Rate 2014-2019
- 6.4.2 European Union Battery Energy Storage Systems for Smart Grid Production Value Growth Rate 2014-2019
- 6.4.3 Key Players in European Union
- 6.4.4 European Union Battery Energy Storage Systems for Smart Grid Import & Export
- 6.5 China
- 6.5.1 China Battery Energy Storage Systems for Smart Grid Production Growth Rate 2014-2019
- 6.5.2 China Battery Energy Storage Systems for Smart Grid Production Value Growth Rate 2014-2019
- 6.5.3 Key Players in China
- 6.5.4 China Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid Consumption by Regions
- 7.1 Global Battery Energy Storage Systems for Smart Grid Consumption (History Data) by Regions
- 7.2 United States
- 7.2.1 United States Battery Energy Storage Systems for Smart Grid Consumption by Type
- 7.2.2 United States Battery Energy Storage Systems for Smart Grid Consumption by Application
- 7.3 European Union
- 7.3.1 European Union Battery Energy Storage Systems for Smart Grid Consumption by Type
- 7.3.2 European Union Battery Energy Storage Systems for Smart Grid Consumption by Application
- 7.4 China
- 7.4.1 China Battery Energy Storage Systems for Smart Grid Consumption by Type
- 7.4.2 China Battery Energy Storage Systems for Smart Grid Consumption by Application
- 7.5 Rest of World
- 7.5.1 Rest of World Battery Energy Storage Systems for Smart Grid Consumption by Type
- 7.5.2 Rest of World Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid
- 8.1.4 Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid
- 8.2.4 Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid
- 8.3.4 Battery Energy Storage Systems for Smart Grid Product Introduction
- 8.3.5 Samsung SDI Recent Development
- 8.4 GEAlstom
- 8.4.1 GEAlstom Company Details
- 8.4.2 Company Description and Business Overview
- 8.4.3 Production and Revenue of Battery Energy Storage Systems for Smart Grid
- 8.4.4 Battery Energy Storage Systems for Smart Grid Product Introduction
- 8.4.5 GEAlstom Recent Development
- 8.5 A123
- 8.5.1 A123 Company Details
- 8.5.2 Company Description and Business Overview
- 8.5.3 Production and Revenue of Battery Energy Storage Systems for Smart Grid
- 8.5.4 Battery Energy Storage Systems for Smart Grid Product Introduction
- 8.5.5 A123 Recent Development
- 8.6 Bosch
- 8.6.1 Bosch Company Details
- 8.6.2 Company Description and Business Overview
- 8.6.3 Production and Revenue of Battery Energy Storage Systems for Smart Grid
- 8.6.4 Battery Energy Storage Systems for Smart Grid Product Introduction
- 8.6.5 Bosch Recent Development
- 8.7 BYD
- 8.7.1 BYD Company Details
- 8.7.2 Company Description and Business Overview
- 8.7.3 Production and Revenue of Battery Energy Storage Systems for Smart Grid
- 8.7.4 Battery Energy Storage Systems for Smart Grid Product Introduction
- 8.7.5 BYD Recent Development
- 8.8 AES Energy Storage
- 8.8.1 AES Energy Storage Company Details
- 8.8.2 Company Description and Business Overview
- 8.8.3 Production and Revenue of Battery Energy Storage Systems for Smart Grid
- 8.8.4 Battery Energy Storage Systems for Smart Grid Product Introduction
- 8.8.5 AES Energy Storage Recent Development
- 8.9 LG Chem
- 8.9.1 LG Chem Company Details
- 8.9.2 Company Description and Business Overview
- 8.9.3 Production and Revenue of Battery Energy Storage Systems for Smart Grid
- 8.9.4 Battery Energy Storage Systems for Smart Grid Product Introduction
- 8.9.5 LG Chem Recent Development
9 Market Forecast
- 9.1 Global Market Size Forecast
- 9.1.1 Global Battery Energy Storage Systems for Smart Grid Capacity, Production Forecast 2019-2025
- 9.1.2 Global Battery Energy Storage Systems for Smart Grid Production Value Forecast 2019-2025
- 9.2 Market Forecast by Regions
- 9.2.1 Global Battery Energy Storage Systems for Smart Grid Production and Value Forecast by Regions 2019-2025
- 9.2.2 Global Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid Production Forecast by Type
- 9.7.2 Global Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid Sales Channels
- 10.2.2 Battery Energy Storage Systems for Smart Grid Distributors
- 10.3 Battery Energy Storage Systems for Smart Grid 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 Systems for Smart Grid. Industry analysis & Market Report on Battery Energy Storage Systems for Smart Grid is a syndicated market report, published as Global (United States, European Union and China) Battery Energy Storage Systems for Smart Grid Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Battery Energy Storage Systems for Smart Grid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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