The grid connected battery storage systems provides uninterruptible power and reduces the energy costs leading to better power management.
The increasing demand for renewable energy and rising diesel costs are significantly intensifying the need for battery storage systems in the power grids. Increased knowledge of the benefits provided by these installations among the utilities would make these storage batteries more competitive in the market.
It is expected that the rapidly increasing levels of renewable energy penetration in countries across the globe will help spur energy storage adoption. In the future, it is expected that photovoltaic (PV) plus storage will create the largest opportunity market for BESS.
In the Asia-Pacific region, South Korea led the regional market with a share of 31.3% with respect to projects installed up to 2017. South Korea is expected to show promising growth in the forecast period. This is because the South Korean government has earmarked KRW40 trillion ($35.7 billion) for the renewable energy sector over the next five years, as it unveiled a plan to reward solar plant operators for installing energy storage facilities.
The global Grid-Connected Battery Storage market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Grid-Connected Battery Storage volume and value at global level, regional level and company level. From a global perspective, this report represents overall Grid-Connected Battery Storage market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
NGK Insulators
Samsung SDI
Younicos
LG
Johnson Controls
SANYO Electric
Panasonic
GS Yuasa
Sumitomo
BYD Auto
AES
A123 Systems
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Battery Enclosures
Battery Charge Controller
Sub Panels For Load Circuits
Segment by Application
Solar Energy
Wind Power Energy
Table of Contents
Executive Summary
1 Grid-Connected Battery Storage Market Overview
1.1 Product Overview and Scope of Grid-Connected Battery Storage
1.2 Grid-Connected Battery Storage Segment by Type
1.2.1 Global Grid-Connected Battery Storage Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Battery Enclosures
1.2.3 Battery Charge Controller
1.2.4 Sub Panels For Load Circuits
1.3 Grid-Connected Battery Storage Segment by Application
1.3.1 Grid-Connected Battery Storage Consumption Comparison by Application (2014-2025)
1.3.2 Solar Energy
1.3.3 Wind Power Energy
1.4 Global Grid-Connected Battery Storage Market by Region
1.4.1 Global Grid-Connected Battery Storage Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Grid-Connected Battery Storage Market Size
1.5.1 Global Grid-Connected Battery Storage Revenue (2014-2025)
1.5.2 Global Grid-Connected Battery Storage Production (2014-2025)
2 Global Grid-Connected Battery Storage Market Competition by Manufacturers
2.1 Global Grid-Connected Battery Storage Production Market Share by Manufacturers (2014-2019)
2.2 Global Grid-Connected Battery Storage Revenue Share by Manufacturers (2014-2019)
2.3 Global Grid-Connected Battery Storage Average Price by Manufacturers (2014-2019)
2.4 Manufacturers Grid-Connected Battery Storage Production Sites, Area Served, Product Types
2.5 Grid-Connected Battery Storage Market Competitive Situation and Trends
Summary: Get latest Market Research Reports on Grid-Connected Battery Storage. Industry analysis & Market Report on Grid-Connected Battery Storage is a syndicated market report, published as Global Grid-Connected Battery Storage Market Research Report 2019. It is complete Research Study and Industry Analysis of Grid-Connected Battery Storage market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.