Grid-Connected Battery Storage Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
4633 | Date :
Jan, 2023 | Pages :
168 | Region : Global |
Publisher : 99 Strategy
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 2019. 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 size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global Grid-Connected Battery Storage Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
NGK Insulators
Samsung SDI
Younicos
LG
Johnson Controls
SANYO Electric
Panasonic
GS Yuasa
Sumitomo
BYD Auto
AES
A123 Systems
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Battery Enclosures
Battery Charge Controller
Sub Panels For Load Circuits
In Market segmentation by applications :
Solar Energy
Wind Power Energy
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Grid-Connected Battery Storage Market for the forecast period 2023-2030?
• What are the driving forces in the Grid-Connected Battery Storage Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Grid-Connected Battery Storage industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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-Connected Battery Storage Market Size Growth Rate by Type (2020-2030)
1.3.2 Battery Enclosures
1.3.3 Battery Charge Controller
1.3.4 Sub Panels For Load Circuits
1.4 Market Segment by Application
1.4.1 Global Grid-Connected Battery Storage Market Share by Application (2020-2030)
1.4.2 Solar Energy
1.4.3 Wind Power Energy
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Grid-Connected Battery Storage Production Value 2015-2030
2.1.2 Global Grid-Connected Battery Storage Production 2015-2030
2.1.3 Global Grid-Connected Battery Storage Capacity 2015-2030
2.1.4 Global Grid-Connected Battery Storage Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Grid-Connected Battery Storage Market Size CAGR of Key Regions
2.2.2 Global Grid-Connected Battery 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-Connected Battery Storage Capacity by Manufacturers
3.1.2 Global Grid-Connected Battery Storage Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Grid-Connected Battery Storage Revenue by Manufacturers (2018 - 2022)
3.2.2 Grid-Connected Battery Storage Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Grid-Connected Battery Storage Market Concentration Ratio (CR5 and HHI)
3.3 Grid-Connected Battery Storage Price by Manufacturers
3.4 Key Manufacturers Grid-Connected Battery Storage Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Grid-Connected Battery Storage Market
3.6 Key Manufacturers Grid-Connected Battery 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 Battery Enclosures Production and Production Value (2018 - 2022)
4.1.2 Battery Charge Controller Production and Production Value (2018 - 2022)
4.1.3 Sub Panels For Load Circuits Production and Production Value (2018 - 2022)
4.2 Global Grid-Connected Battery Storage Production Market Share by Type
4.3 Global Grid-Connected Battery Storage Production Value Market Share by Type
4.4 Grid-Connected Battery Storage Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Grid-Connected Battery Storage Consumption by Application
6 Production by Regions
6.1 Global Grid-Connected Battery Storage Production (History Data) by Regions 2018 - 2022
6.2 Global Grid-Connected Battery Storage Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Grid-Connected Battery Storage Production Growth Rate 2018 - 2022
6.3.2 United States Grid-Connected Battery Storage Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Grid-Connected Battery Storage Import & Export
6.4 European Union
6.4.1 European Union Grid-Connected Battery Storage Production Growth Rate 2018 - 2022
6.4.2 European Union Grid-Connected Battery Storage Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Grid-Connected Battery Storage Import & Export
6.5 China
6.5.1 China Grid-Connected Battery Storage Production Growth Rate 2018 - 2022
6.5.2 China Grid-Connected Battery Storage Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Grid-Connected Battery 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-Connected Battery Storage Consumption by Regions
7.1 Global Grid-Connected Battery Storage Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Grid-Connected Battery Storage Consumption by Type
7.2.2 United States Grid-Connected Battery Storage Consumption by Application
7.3 European Union
7.3.1 European Union Grid-Connected Battery Storage Consumption by Type
7.3.2 European Union Grid-Connected Battery Storage Consumption by Application
7.4 China
7.4.1 China Grid-Connected Battery Storage Consumption by Type
7.4.2 China Grid-Connected Battery Storage Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Grid-Connected Battery Storage Consumption by Type
7.5.2 Rest of World Grid-Connected Battery 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 NGK Insulators
8.1.1 NGK Insulators Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Grid-Connected Battery Storage
8.1.4 Grid-Connected Battery Storage Product Introduction
8.1.5 NGK Insulators Recent Development
8.2 Samsung SDI
8.2.1 Samsung SDI Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Grid-Connected Battery Storage
8.2.4 Grid-Connected Battery Storage Product Introduction
8.2.5 Samsung SDI Recent Development
8.3 Younicos
8.3.1 Younicos Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Grid-Connected Battery Storage
8.3.4 Grid-Connected Battery Storage Product Introduction
8.3.5 Younicos Recent Development
8.4 LG
8.4.1 LG Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Grid-Connected Battery Storage
8.4.4 Grid-Connected Battery Storage Product Introduction
8.4.5 LG Recent Development
8.5 Johnson Controls
8.5.1 Johnson Controls Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Grid-Connected Battery Storage
8.5.4 Grid-Connected Battery Storage Product Introduction
8.5.5 Johnson Controls Recent Development
8.6 SANYO Electric
8.6.1 SANYO Electric Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Grid-Connected Battery Storage
8.6.4 Grid-Connected Battery Storage Product Introduction
8.6.5 SANYO Electric Recent Development
8.7 Panasonic
8.7.1 Panasonic Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Grid-Connected Battery Storage
8.7.4 Grid-Connected Battery Storage Product Introduction
8.7.5 Panasonic Recent Development
8.8 GS Yuasa
8.8.1 GS Yuasa Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Grid-Connected Battery Storage
8.8.4 Grid-Connected Battery Storage Product Introduction
8.8.5 GS Yuasa Recent Development
8.9 Sumitomo
8.9.1 Sumitomo Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Grid-Connected Battery Storage
8.9.4 Grid-Connected Battery Storage Product Introduction
8.9.5 Sumitomo Recent Development
8.10 BYD Auto
8.10.1 BYD Auto Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Grid-Connected Battery Storage
8.10.4 Grid-Connected Battery Storage Product Introduction
8.10.5 BYD Auto Recent Development
8.11 AES
8.12 A123 Systems
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Grid-Connected Battery Storage Capacity, Production Forecast 2020-2030
9.1.2 Global Grid-Connected Battery Storage Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Grid-Connected Battery Storage Production and Value Forecast by Regions 2020-2030
9.2.2 Global Grid-Connected Battery Storage Consumption Forecast by Regions 2020-2030
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-Connected Battery Storage Production Forecast by Type
9.7.2 Global Grid-Connected Battery Storage Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters 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
13.2 Author Details
13.3 Disclaimer
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