Report Detail
Global Grid Scale Energy Storage Market Insights, Forecast to 2025
- RnM3488076 |
- 04 June, 2019 |
- Global |
- 114 Pages |
- QYResearch |
- Energy & Power
Grid energy storage is a collection of methods used to store electrical energy on a large scale within an electrical power grid. Electrical energy is stored during times when production (especially from intermittent power plants such as renewable electricity sources such as wind power, tidal power, solar power) exceeds consumption, and returned to the grid when production falls below consumption.
A variety of grid scale energy storage technologies are known to the industry and can be broadly categorized based on the type of energy being stored. Pumped hydro energy storage (PHES) is a well-established energy storage technique; however, because of known challenges, various other energy storage techniques, backed by public and private lending, have surfaced over the last decade. For a market such as energy storage, which is linked to the economy of a country, initiatives related to policy decisions and mass awareness play a key role in the growth. Some countries have introduced reforms / amendments in the policies to encourage the market for energy storage, while others are still debating on it. The White House Summit 2016 is a recent example of such initiatives. At the summit, a range of utility, industry and government storage commitments were highlighted to signify the importance of this subject. Post this, the Federal Energy Regulatory Commission (FERC) started working on re-evaluating some of the policies to encourage energy storage in the US.
At the time of release of this study, policies favoring renewable energy over other sources were in place in about 50 countries. The common theme across these policies is priority dispatch of electricity from renewable sources, special feed-in tariffs, quota obligations for renewable energy and energy tax exemptions. In addition, legal bindings / agreements, such as COP21, to tackle climate change are encouraging the use of renewable energy, which, in turn, is likely to drive the energy storage industry.
The Grid Scale Energy Storage 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 Grid Scale Energy Storage.
This report presents the worldwide Grid Scale Energy Storage 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:
ABB
Beacon Power
Hydrostor
EnerVault
GE
Samsung SDI
S&C Electric
SustainX
Grid Scale Energy Storage Breakdown Data by Type
Pumped Hydroelectric Storage System
Thermal Storage
Battery Storage
Compressed Air Energy Storage
Flywheel Storage
Molten Salt Storage
Grid Scale Energy Storage Breakdown Data by Application
Mechanical Energy
Chemical Energy
Electrochemical Energy
Thermal Energy
Electromagnetic Energy
Grid Scale Energy Storage Production by Region
United States
Europe
China
Japan
Other Regions
Grid Scale Energy Storage 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 Grid Scale Energy Storage status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Grid Scale Energy Storage 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 Grid Scale Energy Storage :
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 Grid Scale Energy Storage 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 Grid Scale Energy Storage Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Grid Scale Energy Storage Market Size Growth Rate by Type
- 1.4.2 Pumped Hydroelectric Storage System
- 1.4.3 Thermal Storage
- 1.4.4 Battery Storage
- 1.4.5 Compressed Air Energy Storage
- 1.4.6 Flywheel Storage
- 1.4.7 Molten Salt Storage
- 1.5 Market by Application
- 1.5.1 Global Grid Scale Energy Storage Market Size Growth Rate by Application
- 1.5.2 Mechanical Energy
- 1.5.3 Chemical Energy
- 1.5.4 Electrochemical Energy
- 1.5.5 Thermal Energy
- 1.5.6 Electromagnetic Energy
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Grid Scale Energy Storage Market Size
- 2.1.1 Global Grid Scale Energy Storage Revenue 2014-2025
- 2.1.2 Global Grid Scale Energy Storage Production 2014-2025
- 2.2 Grid Scale Energy Storage 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 Grid Scale Energy Storage Manufacturers
- 2.3.2.1 Grid Scale Energy Storage Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Grid Scale Energy Storage Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Grid Scale Energy Storage Market
- 2.4 Key Trends for Grid Scale Energy Storage Markets & Products
3 Market Size by Manufacturers
- 3.1 Grid Scale Energy Storage Production by Manufacturers
- 3.1.1 Grid Scale Energy Storage Production by Manufacturers
- 3.1.2 Grid Scale Energy Storage Production Market Share by Manufacturers
- 3.2 Grid Scale Energy Storage Revenue by Manufacturers
- 3.2.1 Grid Scale Energy Storage Revenue by Manufacturers (2014-2019)
- 3.2.2 Grid Scale Energy Storage Revenue Share by Manufacturers (2014-2019)
- 3.3 Grid Scale Energy Storage Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Grid Scale Energy Storage Production by Regions
- 4.1 Global Grid Scale Energy Storage Production by Regions
- 4.1.1 Global Grid Scale Energy Storage Production Market Share by Regions
- 4.1.2 Global Grid Scale Energy Storage Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Grid Scale Energy Storage Production
- 4.2.2 United States Grid Scale Energy Storage Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Grid Scale Energy Storage Import & Export
- 4.3 Europe
- 4.3.1 Europe Grid Scale Energy Storage Production
- 4.3.2 Europe Grid Scale Energy Storage Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Grid Scale Energy Storage Import & Export
- 4.4 China
- 4.4.1 China Grid Scale Energy Storage Production
- 4.4.2 China Grid Scale Energy Storage Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Grid Scale Energy Storage Import & Export
- 4.5 Japan
- 4.5.1 Japan Grid Scale Energy Storage Production
- 4.5.2 Japan Grid Scale Energy Storage Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Grid Scale Energy Storage Import & Export
- 4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia
5 Grid Scale Energy Storage Consumption by Regions
- 5.1 Global Grid Scale Energy Storage Consumption by Regions
- 5.1.1 Global Grid Scale Energy Storage Consumption by Regions
- 5.1.2 Global Grid Scale Energy Storage Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Grid Scale Energy Storage Consumption by Application
- 5.2.2 North America Grid Scale Energy Storage Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Grid Scale Energy Storage Consumption by Application
- 5.3.2 Europe Grid Scale Energy Storage 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 Grid Scale Energy Storage Consumption by Application
- 5.4.2 Asia Pacific Grid Scale Energy Storage 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 Grid Scale Energy Storage Consumption by Application
- 5.5.2 Central & South America Grid Scale Energy Storage Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Grid Scale Energy Storage Consumption by Application
- 5.6.2 Middle East and Africa Grid Scale Energy Storage 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 Grid Scale Energy Storage Production by Type
- 6.2 Global Grid Scale Energy Storage Revenue by Type
- 6.3 Grid Scale Energy Storage Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Grid Scale Energy Storage Breakdown Dada by Application
- 7.2.1 Global Grid Scale Energy Storage Consumption by Application
- 7.2.2 Global Grid Scale Energy Storage Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 ABB
- 8.1.1 ABB Company Details
- 8.1.2 Company Overview
- 8.1.3 ABB Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.1.4 ABB Grid Scale Energy Storage Product Description
- 8.1.5 ABB Recent Development
- 8.2 Beacon Power
- 8.2.1 Beacon Power Company Details
- 8.2.2 Company Overview
- 8.2.3 Beacon Power Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.2.4 Beacon Power Grid Scale Energy Storage Product Description
- 8.2.5 Beacon Power Recent Development
- 8.3 Hydrostor
- 8.3.1 Hydrostor Company Details
- 8.3.2 Company Overview
- 8.3.3 Hydrostor Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.3.4 Hydrostor Grid Scale Energy Storage Product Description
- 8.3.5 Hydrostor Recent Development
- 8.4 EnerVault
- 8.4.1 EnerVault Company Details
- 8.4.2 Company Overview
- 8.4.3 EnerVault Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.4.4 EnerVault Grid Scale Energy Storage Product Description
- 8.4.5 EnerVault Recent Development
- 8.5 GE
- 8.5.1 GE Company Details
- 8.5.2 Company Overview
- 8.5.3 GE Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.5.4 GE Grid Scale Energy Storage Product Description
- 8.5.5 GE Recent Development
- 8.6 Samsung SDI
- 8.6.1 Samsung SDI Company Details
- 8.6.2 Company Overview
- 8.6.3 Samsung SDI Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.6.4 Samsung SDI Grid Scale Energy Storage Product Description
- 8.6.5 Samsung SDI Recent Development
- 8.7 S&C Electric
- 8.7.1 S&C Electric Company Details
- 8.7.2 Company Overview
- 8.7.3 S&C Electric Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.7.4 S&C Electric Grid Scale Energy Storage Product Description
- 8.7.5 S&C Electric Recent Development
- 8.8 SustainX
- 8.8.1 SustainX Company Details
- 8.8.2 Company Overview
- 8.8.3 SustainX Grid Scale Energy Storage Production Revenue and Gross Margin (2014-2019)
- 8.8.4 SustainX Grid Scale Energy Storage Product Description
- 8.8.5 SustainX Recent Development
9 Production Forecasts
- 9.1 Grid Scale Energy Storage Production and Revenue Forecast
- 9.1.1 Global Grid Scale Energy Storage Production Forecast 2019-2025
- 9.1.2 Global Grid Scale Energy Storage Revenue Forecast 2019-2025
- 9.2 Grid Scale Energy Storage Production and Revenue Forecast by Regions
- 9.2.1 Global Grid Scale Energy Storage Revenue Forecast by Regions
- 9.2.2 Global Grid Scale Energy Storage Production Forecast by Regions
- 9.3 Grid Scale Energy Storage 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 Grid Scale Energy Storage Production Forecast by Type
- 9.4.2 Global Grid Scale Energy Storage Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Grid Scale Energy Storage Consumption Forecast by Application
- 10.2 Grid Scale Energy Storage Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Grid Scale Energy Storage 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 Grid Scale Energy Storage 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 Grid Scale Energy Storage 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 Grid Scale Energy Storage 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 Grid Scale Energy Storage 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 Grid Scale Energy Storage Sales Channels
- 11.2.2 Grid Scale Energy Storage Distributors
- 11.3 Grid Scale Energy Storage 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 Grid Scale Energy Storage 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 Grid Scale Energy Storage . Industry analysis & Market Report on Grid Scale Energy Storage is a syndicated market report, published as Global Grid Scale Energy Storage Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Grid Scale Energy Storage market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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