Global Energy Storage Systems Market valued approximately USD 174 million in 2016 is anticipated to grow with a healthy growth rate of more than 6 % over the forecast period 2017-2025.

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Global Energy Storage Systems Market valued approximately USD 174 million in 2016 is anticipated to grow with a healthy growth rate of more than 6 % over the forecast period 2017-2025. Key factors that drive the market growth of energy storage systems are growing adoption in transportation and software integration for management of energy storage systems and growth in renewable energy adoption. However technical challenges and high cost are restraining the market growth.

Global Energy Storage SystemsEnergy Storage System is equipment, which conveniently and efficiently stores various forms of energy which can be utilized as per the requirement, example lithium ion batteries. These are undergoing for constant technological development which overcomes the traditional barriers for a continuous supply of energy. Furthermore, rising focus on production of renewable is due to growing energy consumption across the globe.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

 

By Technology:

 

  • Pumped Hydro Storage
  • Compressed Air Energy Storage (CAES)
  • Sodium Sulfuric
  • Lithium Ion
  • Lead Acid
  • Nickel Cadmium
  • Flywheel
  • Redox-Flow

 

By Application:

 

  • Grid Storage
  • Transportation

 

By End-Use:

 

  • Residential
  • Non-Residential
  • Utility

 

 

By Regions:

  • North America
    • The U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
  • Rest of the World

 

Furthermore, years considered for the study are as follows:

 

Historical year – 2015

Base year – 2016

Forecast period – 2017 to 2025

 

Some of the key manufacturers involved in the market are LG Chem., ABB Ltd.

AES Energy Storage, LLC, Beacon Power., LLC, BYD Company Limited, Convergent Energy & Power Inc., Greensmith Energy & Power Inc., EOS Energy Storage, Seeo, Inc., and S&C Electric Company. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

 

Target Audience of the Global Energy Storage Systems Market in Market Study:

 

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

 

 

 

 

 

TABLE OF CONTENTS

Chapter 1.      Global Energy Storage Systems Market Definition and Scope

1.1.      Research Objective

1.2.      Market Definition

1.3.      Scope of The Study

1.4.      Years Considered for The Study

1.5.      Currency Conversion Rates

1.6.      Report Limitation

Chapter 2.      Research Methodology

2.1.      Research Process

2.1.1.   Data Mining

2.1.2.   Analysis

2.1.3.   Market Estimation

2.1.4.   Validation

2.1.5.   Publishing

2.2.      Research Assumption

Chapter 3.      Executive Summary

3.1.      Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2.      Key Trends

Chapter 4.      Global Energy Storage Systems Market Dynamics

4.1.      Growth Prospects

4.1.1.   Drivers

4.1.2.   Restraints

4.1.3.   Opportunities

4.2.      Industry Analysis

4.2.1.   Porter’s 5 Force Model

4.2.2.   PEST Analysis

4.2.3.   Value Chain Analysis

4.3.      Analyst Recommendation & Conclusion

Chapter 5.      Global Energy Storage Systems Market, by Technology

5.1.      Market Snapshot

5.2.      Market Performance – Potential Model

5.3.      Global Energy Storage Systems Market, Sub Segment Analysis

5.3.1.   Pumped Hydro Storage

5.3.1.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.1.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.   Compressed Air Energy Storage (CAES)

5.3.2.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.2.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.   Sodium Sulfuric

5.3.3.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.3.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.4.   Lithium Ion

5.3.4.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.4.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.5.   Lead Acid

5.3.5.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.5.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.6.   Nickel Cadmium

5.3.6.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.6.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.7.   Flywheel

5.3.7.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.7.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

5.3.8.   Redox-flow

5.3.8.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

5.3.8.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

 

Chapter 6.      Global Energy Storage Systems Market, by Application

6.1.      Market Snapshot

6.2.      Market Performance – Potential Model

6.3.      Global Energy Storage Systems Market, Sub Segment Analysis

6.3.1.   Grid Storage

6.3.1.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.1.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.   Transportation

6.3.2.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

6.3.2.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

 

Chapter 7.      Global Energy Storage Systems Market, by End-Use

7.1.      Market Snapshot

7.2.      Market Performance – Potential Model

7.3.      Global Energy Storage Systems Market, Sub Segment Analysis

7.3.1.   Residential

7.3.1.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.1.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.   Non-residential

7.3.2.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.   Utility

7.3.3.1.1.         Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.3.1.2.         Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)

 

Chapter 8.      Global Energy Storage Systems Market, Regional Analysis

8.1.      Global Energy Storage Systems Market, Regional Market Snapshot (2015-2025)

8.2.      North America Energy Storage Systems Market Snapshot

8.2.1.   U.S.

8.2.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.2.1.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.1.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.1.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.   Canada

8.2.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.2.2.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.      Europe Energy Storage Systems Market Snapshot

8.3.1.   U.K.

8.3.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.1.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.   Germany

8.3.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.   France

8.3.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.3.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.   Rest of Europe

8.3.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.3.4.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.      Asia Energy Storage Systems Market Snapshot

8.4.1.   China

8.4.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.1.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.1.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.1.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.   India

8.4.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.2.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.   Japan

8.4.3.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.3.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.   Rest of Asia Pacific

8.4.4.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.4.4.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.      Latin America Energy Storage Systems Market Snapshot

8.5.1.   Brazil

8.5.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.5.1.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.1.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.1.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.   Mexico

8.5.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.5.2.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.6.      Rest of The World

8.6.1.   South America

8.6.1.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.6.1.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.6.1.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.6.1.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.6.2.   Middle East and Africa

8.6.2.1.            Market estimates & forecasts, 2015-2025 (USD Billion)

8.6.2.2.            Technology breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.6.2.3.            Application breakdown estimates & forecasts, 2015-2025 (USD Billion)

8.6.2.4.            End-Use breakdown estimates & forecasts, 2015-2025 (USD Billion)

 

Chapter 9.      Competitive Intelligence

9.1.      Company Market Share (Subject to Data Availability)

9.2.      Top Market Strategies

9.3.      Company Profiles

9.3.1.   LG Chem.

9.3.1.1.            Overview

9.3.1.2.            Financial (Subject to Data Availability)

9.3.1.3.            Product Summary

9.3.1.4.            Recent Developments

9.3.2.   ABB Ltd.

9.3.3.   AES Energy Storage, LLC

9.3.4.   Beacon Power, LLC

9.3.5.   BYD Company Limited

9.3.6.   Convergent Energy & Power Inc.

9.3.7.   Greensmith Energy & Power Inc.

9.3.8.   EOS Energy Storage

9.3.9.   Seeo, Inc.

9.3.10. S&C Electric Company 

 

 

The research for global Energy Storage Systems market focuses deeply on the entire value chain of the market. However, the market size estimates are purely based on the consumer side of the value chain wherein the market sizes have been calculated by analyzing the average demand for Energy Storage Systems.

The revenue for global Energy Storage Systems market is calculated as sum market sizes of different segments such as technology, application, end use and regions. Further, some other key data points considered to calculate the revenue for global Energy Storage Systems market include:

  • Revenues from key companies
  • Key company market share analysis
  • Consumer spending analysis
  • Regional export and import analysis
  • Sales revenue generated by various applications in different geographies

An extensive primary and secondary research has been conducted on key industry people, through questionnaires, telephonic conversations, email conversations, and interviews to verify the market estimations. Various government websites/portals and paid data sources are considered as a key source of secondary research.

We utilize a combination of bottom-up & top-down methodology for market estimations & forecasts. Additionally, we employ data triangulation techniques to verify each of the market estimates and forecasts through primary interviews and feedbacks.

All the estimates are derived from simulation models which is our proprietary technique. Each of these models is different from each other are a combination of correlation, regression and time series analysis. Each of these models is basically divided into two types namely economic and technological. Economical models are used to determine short-term market estimates and technological models are used for long-term estimates & forecasts.


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