Report Detail
Global Grid-Connected Battery Storage Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
- RnM4601187 |
- 20 July, 2024 |
- Global |
- 114 Pages |
- GIR (Global Info Research) |
- Machinery & Equipment
According to our (Global Info Research) latest study, the global Grid-Connected Battery Storage market size was valued at USD 1970.6 million in 2023 and is forecast to a readjusted size of USD 6631.7 million by 2030 with a CAGR of 18.9% during review period.
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.
The Global Info Research report includes an overview of the development of the Grid-Connected Battery Storage industry chain, the market status of Solar Energy (Battery Enclosures, Battery Charge Controller), Wind Power Energy (Battery Enclosures, Battery Charge Controller), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Grid-Connected Battery Storage.
Regionally, the report analyzes the Grid-Connected Battery Storage markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Grid-Connected Battery Storage market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Grid-Connected Battery Storage market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Grid-Connected Battery Storage industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Battery Enclosures, Battery Charge Controller).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Grid-Connected Battery Storage market.
Regional Analysis: The report involves examining the Grid-Connected Battery Storage market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Grid-Connected Battery Storage market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Grid-Connected Battery Storage:
Company Analysis: Report covers individual Grid-Connected Battery Storage manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Grid-Connected Battery Storage This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Solar Energy, Wind Power Energy).
Technology Analysis: Report covers specific technologies relevant to Grid-Connected Battery Storage. It assesses the current state, advancements, and potential future developments in Grid-Connected Battery Storage areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Grid-Connected Battery Storage market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Grid-Connected Battery Storage market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Battery Enclosures
Battery Charge Controller
Sub Panels For Load Circuits
Market segment by Application
Solar Energy
Wind Power Energy
Major players covered
NGK Insulators
Samsung SDI
Aggreko
LG
Johnson Controls
SANYO Electric
Panasonic
GS Yuasa
Sumitomo
BYD Auto
AES
A123 Systems
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grid-Connected Battery Storage product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grid-Connected Battery Storage, with price, sales, revenue and global market share of Grid-Connected Battery Storage from 2019 to 2024.
Chapter 3, the Grid-Connected Battery Storage competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grid-Connected Battery Storage breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Grid-Connected Battery Storage market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grid-Connected Battery Storage.
Chapter 14 and 15, to describe Grid-Connected Battery Storage sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope of Grid-Connected Battery Storage
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Grid-Connected Battery Storage Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Battery Enclosures
- 1.3.3 Battery Charge Controller
- 1.3.4 Sub Panels For Load Circuits
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Grid-Connected Battery Storage Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Solar Energy
- 1.4.3 Wind Power Energy
- 1.5 Global Grid-Connected Battery Storage Market Size & Forecast
- 1.5.1 Global Grid-Connected Battery Storage Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Grid-Connected Battery Storage Sales Quantity (2019-2030)
- 1.5.3 Global Grid-Connected Battery Storage Average Price (2019-2030)
2 Manufacturers Profiles
- 2.1 NGK Insulators
- 2.1.1 NGK Insulators Details
- 2.1.2 NGK Insulators Major Business
- 2.1.3 NGK Insulators Grid-Connected Battery Storage Product and Services
- 2.1.4 NGK Insulators Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 NGK Insulators Recent Developments/Updates
- 2.2 Samsung SDI
- 2.2.1 Samsung SDI Details
- 2.2.2 Samsung SDI Major Business
- 2.2.3 Samsung SDI Grid-Connected Battery Storage Product and Services
- 2.2.4 Samsung SDI Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Samsung SDI Recent Developments/Updates
- 2.3 Aggreko
- 2.3.1 Aggreko Details
- 2.3.2 Aggreko Major Business
- 2.3.3 Aggreko Grid-Connected Battery Storage Product and Services
- 2.3.4 Aggreko Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 Aggreko Recent Developments/Updates
- 2.4 LG
- 2.4.1 LG Details
- 2.4.2 LG Major Business
- 2.4.3 LG Grid-Connected Battery Storage Product and Services
- 2.4.4 LG Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 LG Recent Developments/Updates
- 2.5 Johnson Controls
- 2.5.1 Johnson Controls Details
- 2.5.2 Johnson Controls Major Business
- 2.5.3 Johnson Controls Grid-Connected Battery Storage Product and Services
- 2.5.4 Johnson Controls Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 Johnson Controls Recent Developments/Updates
- 2.6 SANYO Electric
- 2.6.1 SANYO Electric Details
- 2.6.2 SANYO Electric Major Business
- 2.6.3 SANYO Electric Grid-Connected Battery Storage Product and Services
- 2.6.4 SANYO Electric Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.6.5 SANYO Electric Recent Developments/Updates
- 2.7 Panasonic
- 2.7.1 Panasonic Details
- 2.7.2 Panasonic Major Business
- 2.7.3 Panasonic Grid-Connected Battery Storage Product and Services
- 2.7.4 Panasonic Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.7.5 Panasonic Recent Developments/Updates
- 2.8 GS Yuasa
- 2.8.1 GS Yuasa Details
- 2.8.2 GS Yuasa Major Business
- 2.8.3 GS Yuasa Grid-Connected Battery Storage Product and Services
- 2.8.4 GS Yuasa Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.8.5 GS Yuasa Recent Developments/Updates
- 2.9 Sumitomo
- 2.9.1 Sumitomo Details
- 2.9.2 Sumitomo Major Business
- 2.9.3 Sumitomo Grid-Connected Battery Storage Product and Services
- 2.9.4 Sumitomo Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.9.5 Sumitomo Recent Developments/Updates
- 2.10 BYD Auto
- 2.10.1 BYD Auto Details
- 2.10.2 BYD Auto Major Business
- 2.10.3 BYD Auto Grid-Connected Battery Storage Product and Services
- 2.10.4 BYD Auto Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.10.5 BYD Auto Recent Developments/Updates
- 2.11 AES
- 2.11.1 AES Details
- 2.11.2 AES Major Business
- 2.11.3 AES Grid-Connected Battery Storage Product and Services
- 2.11.4 AES Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.11.5 AES Recent Developments/Updates
- 2.12 A123 Systems
- 2.12.1 A123 Systems Details
- 2.12.2 A123 Systems Major Business
- 2.12.3 A123 Systems Grid-Connected Battery Storage Product and Services
- 2.12.4 A123 Systems Grid-Connected Battery Storage Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.12.5 A123 Systems Recent Developments/Updates
3 Competitive Environment: Grid-Connected Battery Storage by Manufacturer
- 3.1 Global Grid-Connected Battery Storage Sales Quantity by Manufacturer (2019-2024)
- 3.2 Global Grid-Connected Battery Storage Revenue by Manufacturer (2019-2024)
- 3.3 Global Grid-Connected Battery Storage Average Price by Manufacturer (2019-2024)
- 3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Grid-Connected Battery Storage by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Grid-Connected Battery Storage Manufacturer Market Share in 2023
- 3.4.2 Top 6 Grid-Connected Battery Storage Manufacturer Market Share in 2023
- 3.5 Grid-Connected Battery Storage Market: Overall Company Footprint Analysis
- 3.5.1 Grid-Connected Battery Storage Market: Region Footprint
- 3.5.2 Grid-Connected Battery Storage Market: Company Product Type Footprint
- 3.5.3 Grid-Connected Battery Storage Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Grid-Connected Battery Storage Market Size by Region
- 4.1.1 Global Grid-Connected Battery Storage Sales Quantity by Region (2019-2030)
- 4.1.2 Global Grid-Connected Battery Storage Consumption Value by Region (2019-2030)
- 4.1.3 Global Grid-Connected Battery Storage Average Price by Region (2019-2030)
- 4.2 North America Grid-Connected Battery Storage Consumption Value (2019-2030)
- 4.3 Europe Grid-Connected Battery Storage Consumption Value (2019-2030)
- 4.4 Asia-Pacific Grid-Connected Battery Storage Consumption Value (2019-2030)
- 4.5 South America Grid-Connected Battery Storage Consumption Value (2019-2030)
- 4.6 Middle East and Africa Grid-Connected Battery Storage Consumption Value (2019-2030)
5 Market Segment by Type
- 5.1 Global Grid-Connected Battery Storage Sales Quantity by Type (2019-2030)
- 5.2 Global Grid-Connected Battery Storage Consumption Value by Type (2019-2030)
- 5.3 Global Grid-Connected Battery Storage Average Price by Type (2019-2030)
6 Market Segment by Application
- 6.1 Global Grid-Connected Battery Storage Sales Quantity by Application (2019-2030)
- 6.2 Global Grid-Connected Battery Storage Consumption Value by Application (2019-2030)
- 6.3 Global Grid-Connected Battery Storage Average Price by Application (2019-2030)
7 North America
- 7.1 North America Grid-Connected Battery Storage Sales Quantity by Type (2019-2030)
- 7.2 North America Grid-Connected Battery Storage Sales Quantity by Application (2019-2030)
- 7.3 North America Grid-Connected Battery Storage Market Size by Country
- 7.3.1 North America Grid-Connected Battery Storage Sales Quantity by Country (2019-2030)
- 7.3.2 North America Grid-Connected Battery Storage Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
- 8.1 Europe Grid-Connected Battery Storage Sales Quantity by Type (2019-2030)
- 8.2 Europe Grid-Connected Battery Storage Sales Quantity by Application (2019-2030)
- 8.3 Europe Grid-Connected Battery Storage Market Size by Country
- 8.3.1 Europe Grid-Connected Battery Storage Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Grid-Connected Battery Storage Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
- 9.1 Asia-Pacific Grid-Connected Battery Storage Sales Quantity by Type (2019-2030)
- 9.2 Asia-Pacific Grid-Connected Battery Storage Sales Quantity by Application (2019-2030)
- 9.3 Asia-Pacific Grid-Connected Battery Storage Market Size by Region
- 9.3.1 Asia-Pacific Grid-Connected Battery Storage Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Grid-Connected Battery Storage Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
- 10.1 South America Grid-Connected Battery Storage Sales Quantity by Type (2019-2030)
- 10.2 South America Grid-Connected Battery Storage Sales Quantity by Application (2019-2030)
- 10.3 South America Grid-Connected Battery Storage Market Size by Country
- 10.3.1 South America Grid-Connected Battery Storage Sales Quantity by Country (2019-2030)
- 10.3.2 South America Grid-Connected Battery Storage Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
- 11.1 Middle East & Africa Grid-Connected Battery Storage Sales Quantity by Type (2019-2030)
- 11.2 Middle East & Africa Grid-Connected Battery Storage Sales Quantity by Application (2019-2030)
- 11.3 Middle East & Africa Grid-Connected Battery Storage Market Size by Country
- 11.3.1 Middle East & Africa Grid-Connected Battery Storage Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Grid-Connected Battery Storage Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
- 12.1 Grid-Connected Battery Storage Market Drivers
- 12.2 Grid-Connected Battery Storage Market Restraints
- 12.3 Grid-Connected Battery Storage Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Grid-Connected Battery Storage and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Grid-Connected Battery Storage
- 13.3 Grid-Connected Battery Storage Production Process
- 13.4 Grid-Connected Battery Storage Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Grid-Connected Battery Storage Typical Distributors
- 14.3 Grid-Connected Battery Storage Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
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 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. 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.
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