A battery energy storage system is a system that stores energy via the use of a battery technology for it to be used at a later time.
The lithium-ion batteries are expected to hold the largest share of the battery energy storage system market between 2018 and 2023. The lithium-ion batteries have reliable cycle life as well as high energy and power density in terms of volume, high charge/discharge efficiency, and low maintenance needs. Additionally, these batteries have lighter weight than nickel–cadmium and nickel metal-hydride batteries. These features of lithium-ion batteries are expected to drive the battery energy storage system market.
The Battery Energy Storage Systems 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.
This report presents the worldwide Battery Energy Storage Systems 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
LG Chem
NEC
Panasonic
Samsung SDI
AEG Power Solutions
General Electric
Hitachi
Siemens AG
Tesla
The Aes Corporation
Alevo Group
Exergonix
Corvus Energy
East Penn Manufacturing
Enerdel
MHI
NGK Insulators
Toshiba
Trinabess
Battery Energy Storage Systems Breakdown Data by Type
By Battery Type
Lithium-Ion Batteries
Sodium–Sulfur Batteries
Flow Batteries
Advanced Lead-Acid Batteries
Others
By Connection Type
On-Grid Connection
Off-Grid Connection
Battery Energy Storage Systems Breakdown Data by Application
Residential
Non-Residential
Utilities
Other Applications
Battery Energy Storage Systems Production by Region
United States
Europe
China
Japan
Other Regions
Battery Energy Storage Systems 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 status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Battery Energy Storage Systems 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 :
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 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.
Summary:
Get latest Market Research Reports on Battery Energy Storage Systems . Industry analysis & Market Report on Battery Energy Storage Systems is a syndicated market report, published as Global Battery Energy Storage Systems Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Battery Energy Storage Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.