Report Detail
Global Battery Energy Storage Systems for Smart Grid Market Insights, Forecast to 2025
- RnM2727713 |
- 14 June, 2019 |
- Global |
- 119 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.
The Battery Energy Storage Systems for Smart Grid market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 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 presents the worldwide Battery Energy Storage Systems for Smart Grid market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Siemens
ABB
Samsung SDI
GEAlstom
A123
Bosch
BYD
AES Energy Storage
LG Chem
Battery Energy Storage Systems for Smart Grid Breakdown Data by Type
Secondary Batteries
Flow Batteries
Others
Battery Energy Storage Systems for Smart Grid Breakdown Data by Application
Energy Management
Backup Power
Voltage Support
Load Leveling
Others
Battery Energy Storage Systems for Smart Grid Production by Region
United States
Europe
China
Japan
Other Regions
Battery Energy Storage Systems for Smart Grid Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Battery Energy Storage Systems for Smart Grid status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Battery Energy Storage Systems for Smart Grid manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Battery Energy Storage Systems for Smart Grid market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
- 1.1 Battery Energy Storage Systems for Smart Grid Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Battery Energy Storage Systems for Smart Grid Market Size Growth Rate by Type
- 1.4.2 Secondary Batteries
- 1.4.3 Flow Batteries
- 1.4.4 Others
- 1.5 Market by Application
- 1.5.1 Global Battery Energy Storage Systems for Smart Grid Market Size Growth Rate by Application
- 1.5.2 Energy Management
- 1.5.3 Backup Power
- 1.5.4 Voltage Support
- 1.5.5 Load Leveling
- 1.5.6 Others
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Battery Energy Storage Systems for Smart Grid Market Size
- 2.1.1 Global Battery Energy Storage Systems for Smart Grid Revenue 2014-2025
- 2.1.2 Global Battery Energy Storage Systems for Smart Grid Production 2014-2025
- 2.2 Battery Energy Storage Systems for Smart Grid Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Battery Energy Storage Systems for Smart Grid Manufacturers
- 2.3.2.1 Battery Energy Storage Systems for Smart Grid Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Battery Energy Storage Systems for Smart Grid Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Battery Energy Storage Systems for Smart Grid Market
- 2.4 Key Trends for Battery Energy Storage Systems for Smart Grid Markets & Products
3 Market Size by Manufacturers
- 3.1 Battery Energy Storage Systems for Smart Grid Production by Manufacturers
- 3.1.1 Battery Energy Storage Systems for Smart Grid Production by Manufacturers
- 3.1.2 Battery Energy Storage Systems for Smart Grid Production Market Share by Manufacturers
- 3.2 Battery Energy Storage Systems for Smart Grid 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)
- 3.3 Battery Energy Storage Systems for Smart Grid Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Battery Energy Storage Systems for Smart Grid Production by Regions
- 4.1 Global Battery Energy Storage Systems for Smart Grid Production by Regions
- 4.1.1 Global Battery Energy Storage Systems for Smart Grid Production Market Share by Regions
- 4.1.2 Global Battery Energy Storage Systems for Smart Grid Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Battery Energy Storage Systems for Smart Grid Production
- 4.2.2 United States Battery Energy Storage Systems for Smart Grid Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Battery Energy Storage Systems for Smart Grid Import & Export
- 4.3 Europe
- 4.3.1 Europe Battery Energy Storage Systems for Smart Grid Production
- 4.3.2 Europe Battery Energy Storage Systems for Smart Grid Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Battery Energy Storage Systems for Smart Grid Import & Export
- 4.4 China
- 4.4.1 China Battery Energy Storage Systems for Smart Grid Production
- 4.4.2 China Battery Energy Storage Systems for Smart Grid Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Battery Energy Storage Systems for Smart Grid Import & Export
- 4.5 Japan
- 4.5.1 Japan Battery Energy Storage Systems for Smart Grid Production
- 4.5.2 Japan Battery Energy Storage Systems for Smart Grid Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Battery Energy Storage Systems for Smart Grid Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 Battery Energy Storage Systems for Smart Grid Consumption by Regions
- 5.1 Global Battery Energy Storage Systems for Smart Grid Consumption by Regions
- 5.1.1 Global Battery Energy Storage Systems for Smart Grid Consumption by Regions
- 5.1.2 Global Battery Energy Storage Systems for Smart Grid Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Battery Energy Storage Systems for Smart Grid Consumption by Application
- 5.2.2 North America Battery Energy Storage Systems for Smart Grid Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Battery Energy Storage Systems for Smart Grid Consumption by Application
- 5.3.2 Europe Battery Energy Storage Systems for Smart Grid Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption by Application
- 5.4.2 Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Battery Energy Storage Systems for Smart Grid Consumption by Application
- 5.5.2 Central & South America Battery Energy Storage Systems for Smart Grid Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Battery Energy Storage Systems for Smart Grid Consumption by Application
- 5.6.2 Middle East and Africa Battery Energy Storage Systems for Smart Grid Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global Battery Energy Storage Systems for Smart Grid Production by Type
- 6.2 Global Battery Energy Storage Systems for Smart Grid Revenue by Type
- 6.3 Battery Energy Storage Systems for Smart Grid Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Battery Energy Storage Systems for Smart Grid Breakdown Dada by Application
- 7.2.1 Global Battery Energy Storage Systems for Smart Grid Consumption by Application
- 7.2.2 Global Battery Energy Storage Systems for Smart Grid Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Siemens
- 8.1.1 Siemens Company Details
- 8.1.2 Company Overview
- 8.1.3 Siemens Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Siemens Battery Energy Storage Systems for Smart Grid Product Description
- 8.1.5 Siemens Recent Development
- 8.2 ABB
- 8.2.1 ABB Company Details
- 8.2.2 Company Overview
- 8.2.3 ABB Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.2.4 ABB Battery Energy Storage Systems for Smart Grid Product Description
- 8.2.5 ABB Recent Development
- 8.3 Samsung SDI
- 8.3.1 Samsung SDI Company Details
- 8.3.2 Company Overview
- 8.3.3 Samsung SDI Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Samsung SDI Battery Energy Storage Systems for Smart Grid Product Description
- 8.3.5 Samsung SDI Recent Development
- 8.4 GEAlstom
- 8.4.1 GEAlstom Company Details
- 8.4.2 Company Overview
- 8.4.3 GEAlstom Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.4.4 GEAlstom Battery Energy Storage Systems for Smart Grid Product Description
- 8.4.5 GEAlstom Recent Development
- 8.5 A123
- 8.5.1 A123 Company Details
- 8.5.2 Company Overview
- 8.5.3 A123 Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.5.4 A123 Battery Energy Storage Systems for Smart Grid Product Description
- 8.5.5 A123 Recent Development
- 8.6 Bosch
- 8.6.1 Bosch Company Details
- 8.6.2 Company Overview
- 8.6.3 Bosch Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.6.4 Bosch Battery Energy Storage Systems for Smart Grid Product Description
- 8.6.5 Bosch Recent Development
- 8.7 BYD
- 8.7.1 BYD Company Details
- 8.7.2 Company Overview
- 8.7.3 BYD Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.7.4 BYD Battery Energy Storage Systems for Smart Grid Product Description
- 8.7.5 BYD Recent Development
- 8.8 AES Energy Storage
- 8.8.1 AES Energy Storage Company Details
- 8.8.2 Company Overview
- 8.8.3 AES Energy Storage Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.8.4 AES Energy Storage Battery Energy Storage Systems for Smart Grid Product Description
- 8.8.5 AES Energy Storage Recent Development
- 8.9 LG Chem
- 8.9.1 LG Chem Company Details
- 8.9.2 Company Overview
- 8.9.3 LG Chem Battery Energy Storage Systems for Smart Grid Production Revenue and Gross Margin (2014-2019)
- 8.9.4 LG Chem Battery Energy Storage Systems for Smart Grid Product Description
- 8.9.5 LG Chem Recent Development
9 Production Forecasts
- 9.1 Battery Energy Storage Systems for Smart Grid Production and Revenue Forecast
- 9.1.1 Global Battery Energy Storage Systems for Smart Grid Production Forecast 2019-2025
- 9.1.2 Global Battery Energy Storage Systems for Smart Grid Revenue Forecast 2019-2025
- 9.2 Battery Energy Storage Systems for Smart Grid Production and Revenue Forecast by Regions
- 9.2.1 Global Battery Energy Storage Systems for Smart Grid Revenue Forecast by Regions
- 9.2.2 Global Battery Energy Storage Systems for Smart Grid Production Forecast by Regions
- 9.3 Battery Energy Storage Systems for Smart Grid Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.4 Forecast by Type
- 9.4.1 Global Battery Energy Storage Systems for Smart Grid Production Forecast by Type
- 9.4.2 Global Battery Energy Storage Systems for Smart Grid Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Battery Energy Storage Systems for Smart Grid Consumption Forecast by Application
- 10.2 Battery Energy Storage Systems for Smart Grid Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Battery Energy Storage Systems for Smart Grid Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Battery Energy Storage Systems for Smart Grid Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Battery Energy Storage Systems for Smart Grid Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Battery Energy Storage Systems for Smart Grid Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 Battery Energy Storage Systems for Smart Grid Sales Channels
- 11.2.2 Battery Energy Storage Systems for Smart Grid Distributors
- 11.3 Battery Energy Storage Systems for Smart Grid Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
13 Key Findings in the Global Battery Energy Storage Systems for Smart Grid Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 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 Battery Energy Storage Systems for Smart Grid Market Insights, Forecast to 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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