Report Detail
Global (United States, European Union and China) Grid Scale Energy Storage Market Research Report 2019-2025
- RnM3664078 |
- 13 August, 2019 |
- Global |
- 116 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.
In 2019, the market size of Grid Scale Energy Storage 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 Grid Scale Energy Storage.
This report studies the global market size of Grid Scale 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 Grid Scale 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:
ABB
Beacon Power
Hydrostor
EnerVault
GE
Samsung SDI
S&C Electric
SustainX
Market Segment by Product Type
Pumped Hydroelectric Storage System
Thermal Storage
Battery Storage
Compressed Air Energy Storage
Flywheel Storage
Molten Salt Storage
Market Segment by Application
Mechanical Energy
Chemical Energy
Electrochemical Energy
Thermal Energy
Electromagnetic Energy
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 Grid Scale 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 Grid Scale 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 Grid Scale 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 Grid Scale Energy Storage Market Size Growth Rate by Type (2019-2025)
- 1.3.2 Pumped Hydroelectric Storage System
- 1.3.3 Thermal Storage
- 1.3.4 Battery Storage
- 1.3.5 Compressed Air Energy Storage
- 1.3.6 Flywheel Storage
- 1.3.7 Molten Salt Storage
- 1.4 Market Segment by Application
- 1.4.1 Global Grid Scale Energy Storage Market Share by Application (2019-2025)
- 1.4.2 Mechanical Energy
- 1.4.3 Chemical Energy
- 1.4.4 Electrochemical Energy
- 1.4.5 Thermal Energy
- 1.4.6 Electromagnetic Energy
- 1.5 Study Objectives
- 1.6 Years Considered
2 Global Growth Trends
- 2.1 Production and Capacity Analysis
- 2.1.1 Global Grid Scale Energy Storage Production Value 2014-2025
- 2.1.2 Global Grid Scale Energy Storage Production 2014-2025
- 2.1.3 Global Grid Scale Energy Storage Capacity 2014-2025
- 2.1.4 Global Grid Scale Energy Storage Marketing Pricing and Trends
- 2.2 Key Producers Growth Rate (CAGR) 2019-2025
- 2.2.1 Global Grid Scale Energy Storage Market Size CAGR of Key Regions
- 2.2.2 Global Grid Scale 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 Grid Scale Energy Storage Capacity by Manufacturers
- 3.1.2 Global Grid Scale Energy Storage Production by Manufacturers
- 3.2 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)
- 3.2.3 Global Grid Scale Energy Storage Market Concentration Ratio (CR5 and HHI)
- 3.3 Grid Scale Energy Storage Price by Manufacturers
- 3.4 Key Manufacturers Grid Scale Energy Storage Plants/Factories Distribution and Area Served
- 3.5 Date of Key Manufacturers Enter into Grid Scale Energy Storage Market
- 3.6 Key Manufacturers Grid Scale 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 Pumped Hydroelectric Storage System Production and Production Value (2014-2019)
- 4.1.2 Thermal Storage Production and Production Value (2014-2019)
- 4.1.3 Battery Storage Production and Production Value (2014-2019)
- 4.1.4 Compressed Air Energy Storage Production and Production Value (2014-2019)
- 4.1.5 Flywheel Storage Production and Production Value (2014-2019)
- 4.1.6 Molten Salt Storage Production and Production Value (2014-2019)
- 4.2 Global Grid Scale Energy Storage Production Market Share by Type
- 4.3 Global Grid Scale Energy Storage Production Value Market Share by Type
- 4.4 Grid Scale Energy Storage Ex-factory Price by Type
5 Market Size by Application
- 5.1 Overview
- 5.2 Global Grid Scale Energy Storage Consumption by Application
6 Production by Regions
- 6.1 Global Grid Scale Energy Storage Production (History Data) by Regions 2014-2019
- 6.2 Global Grid Scale Energy Storage Production Value (History Data) by Regions
- 6.3 United States
- 6.3.1 United States Grid Scale Energy Storage Production Growth Rate 2014-2019
- 6.3.2 United States Grid Scale Energy Storage Production Value Growth Rate 2014-2019
- 6.3.3 Key Players in United States
- 6.3.4 United States Grid Scale Energy Storage Import & Export
- 6.4 European Union
- 6.4.1 European Union Grid Scale Energy Storage Production Growth Rate 2014-2019
- 6.4.2 European Union Grid Scale Energy Storage Production Value Growth Rate 2014-2019
- 6.4.3 Key Players in European Union
- 6.4.4 European Union Grid Scale Energy Storage Import & Export
- 6.5 China
- 6.5.1 China Grid Scale Energy Storage Production Growth Rate 2014-2019
- 6.5.2 China Grid Scale Energy Storage Production Value Growth Rate 2014-2019
- 6.5.3 Key Players in China
- 6.5.4 China Grid Scale 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 Grid Scale Energy Storage Consumption by Regions
- 7.1 Global Grid Scale Energy Storage Consumption (History Data) by Regions
- 7.2 United States
- 7.2.1 United States Grid Scale Energy Storage Consumption by Type
- 7.2.2 United States Grid Scale Energy Storage Consumption by Application
- 7.3 European Union
- 7.3.1 European Union Grid Scale Energy Storage Consumption by Type
- 7.3.2 European Union Grid Scale Energy Storage Consumption by Application
- 7.4 China
- 7.4.1 China Grid Scale Energy Storage Consumption by Type
- 7.4.2 China Grid Scale Energy Storage Consumption by Application
- 7.5 Rest of World
- 7.5.1 Rest of World Grid Scale Energy Storage Consumption by Type
- 7.5.2 Rest of World Grid Scale 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 ABB
- 8.1.1 ABB Company Details
- 8.1.2 Company Description and Business Overview
- 8.1.3 Production and Revenue of Grid Scale Energy Storage
- 8.1.4 Grid Scale Energy Storage Product Introduction
- 8.1.5 ABB Recent Development
- 8.2 Beacon Power
- 8.2.1 Beacon Power Company Details
- 8.2.2 Company Description and Business Overview
- 8.2.3 Production and Revenue of Grid Scale Energy Storage
- 8.2.4 Grid Scale Energy Storage Product Introduction
- 8.2.5 Beacon Power Recent Development
- 8.3 Hydrostor
- 8.3.1 Hydrostor Company Details
- 8.3.2 Company Description and Business Overview
- 8.3.3 Production and Revenue of Grid Scale Energy Storage
- 8.3.4 Grid Scale Energy Storage Product Introduction
- 8.3.5 Hydrostor Recent Development
- 8.4 EnerVault
- 8.4.1 EnerVault Company Details
- 8.4.2 Company Description and Business Overview
- 8.4.3 Production and Revenue of Grid Scale Energy Storage
- 8.4.4 Grid Scale Energy Storage Product Introduction
- 8.4.5 EnerVault Recent Development
- 8.5 GE
- 8.5.1 GE Company Details
- 8.5.2 Company Description and Business Overview
- 8.5.3 Production and Revenue of Grid Scale Energy Storage
- 8.5.4 Grid Scale Energy Storage Product Introduction
- 8.5.5 GE Recent Development
- 8.6 Samsung SDI
- 8.6.1 Samsung SDI Company Details
- 8.6.2 Company Description and Business Overview
- 8.6.3 Production and Revenue of Grid Scale Energy Storage
- 8.6.4 Grid Scale Energy Storage Product Introduction
- 8.6.5 Samsung SDI Recent Development
- 8.7 S&C Electric
- 8.7.1 S&C Electric Company Details
- 8.7.2 Company Description and Business Overview
- 8.7.3 Production and Revenue of Grid Scale Energy Storage
- 8.7.4 Grid Scale Energy Storage Product Introduction
- 8.7.5 S&C Electric Recent Development
- 8.8 SustainX
- 8.8.1 SustainX Company Details
- 8.8.2 Company Description and Business Overview
- 8.8.3 Production and Revenue of Grid Scale Energy Storage
- 8.8.4 Grid Scale Energy Storage Product Introduction
- 8.8.5 SustainX Recent Development
9 Market Forecast
- 9.1 Global Market Size Forecast
- 9.1.1 Global Grid Scale Energy Storage Capacity, Production Forecast 2019-2025
- 9.1.2 Global Grid Scale Energy Storage Production Value Forecast 2019-2025
- 9.2 Market Forecast by Regions
- 9.2.1 Global Grid Scale Energy Storage Production and Value Forecast by Regions 2019-2025
- 9.2.2 Global Grid Scale 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 Grid Scale Energy Storage Production Forecast by Type
- 9.7.2 Global Grid Scale 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 Grid Scale Energy Storage Sales Channels
- 10.2.2 Grid Scale Energy Storage Distributors
- 10.3 Grid Scale 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 Grid Scale Energy Storage. Industry analysis & Market Report on Grid Scale Energy Storage is a syndicated market report, published as Global (United States, European Union and China) Grid Scale Energy Storage Market Research Report 2019-2025. 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.
REPORT YOU MIGHT BE INTERESTED
Related Reports
Reason to Buy
Reports and Markets
Contact Us
+1-352-353-0818 (US)Newsletter
KEEP UP TO DATE ON ALL THE LATEST REPORTS
