Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery. Energy comes in multiple forms including radiation, chemical, gravitational potential, electrical potential, electricity, elevated temperature, latent heat and kinetic. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms.
Scope of the Report:
Majorly fuelling the global energy storage systems market worldwide is the pressing need to address vehicular pollution which is serving to rapidly deteriorate the air quality in cities particularly. This has resulted in policy changes forcing commuters to opt for less polluting vehicles such as electric cars, two-wheelers, buses, and trucks. This in turn has provided a boost to the sales of energy storage systems. The growing railway network is also providing a fillip to the market.
Besides the automotive segment, commercial and industrial establishments – together known as non-residential segment – are other key drivers of the global energy storage systems market as their need to store energy is high. The residential sector too is expected to grow at a healthy clip in the upcoming years because of the increasing adoption of solar panels to reduce electricity cost and tide over power cuts.
The worldwide market for Energy Storage System is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Energy Storage System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
LG Chem
Beacon Power
BYD Company
ABB
Greensmith Energy Management Systems
Convergent Energy and Power
Eos Energy Storage
Seeo
S&C Electric Company
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Electro Chemical
Thermal Storage
Mechanical Energy Storage
Others
Market Segment by Applications, can be divided into
Transportation
Grid Storage
Others
There are 15 Chapters to deeply display the global Energy Storage System market.
Chapter 1, to describe Energy Storage System Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Energy Storage System, with sales, revenue, and price of Energy Storage System, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Energy Storage System, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Energy Storage System market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Energy Storage System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Energy Storage System Introduction
1.2 Market Analysis by Type
1.2.1 Electro Chemical
1.2.2 Thermal Storage
1.2.3 Mechanical Energy Storage
1.2.4 Others
1.3 Market Analysis by Applications
1.3.1 Transportation
1.3.2 Grid Storage
1.3.3 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 LG Chem
2.1.1 Business Overview
2.1.2 Energy Storage System Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 LG Chem Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Beacon Power
2.2.1 Business Overview
2.2.2 Energy Storage System Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Beacon Power Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 BYD Company
2.3.1 Business Overview
2.3.2 Energy Storage System Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 BYD Company Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 ABB
2.4.1 Business Overview
2.4.2 Energy Storage System Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 ABB Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 Greensmith Energy Management Systems
2.5.1 Business Overview
2.5.2 Energy Storage System Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Greensmith Energy Management Systems Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6 Convergent Energy and Power
2.6.1 Business Overview
2.6.2 Energy Storage System Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Convergent Energy and Power Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.7 Eos Energy Storage
2.7.1 Business Overview
2.7.2 Energy Storage System Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 Eos Energy Storage Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.8 Seeo
2.8.1 Business Overview
2.8.2 Energy Storage System Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Seeo Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.9 S&C Electric Company
2.9.1 Business Overview
2.9.2 Energy Storage System Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 S&C Electric Company Energy Storage System Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Energy Storage System Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Energy Storage System Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Energy Storage System Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Energy Storage System Manufacturer Market Share in 2017
3.3.2 Top 6 Energy Storage System Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global Energy Storage System Market Analysis by Regions
4.1 Global Energy Storage System Sales, Revenue and Market Share by Regions
4.1.1 Global Energy Storage System Sales and Market Share by Regions (2013-2018)
4.1.2 Global Energy Storage System Revenue and Market Share by Regions (2013-2018)
4.2 North America Energy Storage System Sales and Growth Rate (2013-2018)
4.3 Europe Energy Storage System Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Energy Storage System Sales and Growth Rate (2013-2018)
4.5 South America Energy Storage System Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Energy Storage System Sales and Growth Rate (2013-2018)
5 North America Energy Storage System by Countries
5.1 North America Energy Storage System Sales, Revenue and Market Share by Countries
5.1.1 North America Energy Storage System Sales and Market Share by Countries (2013-2018)
5.1.2 North America Energy Storage System Revenue and Market Share by Countries (2013-2018)
5.2 United States Energy Storage System Sales and Growth Rate (2013-2018)
5.3 Canada Energy Storage System Sales and Growth Rate (2013-2018)
5.4 Mexico Energy Storage System Sales and Growth Rate (2013-2018)
6 Europe Energy Storage System by Countries
6.1 Europe Energy Storage System Sales, Revenue and Market Share by Countries
6.1.1 Europe Energy Storage System Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Energy Storage System Revenue and Market Share by Countries (2013-2018)
6.2 Germany Energy Storage System Sales and Growth Rate (2013-2018)
6.3 UK Energy Storage System Sales and Growth Rate (2013-2018)
6.4 France Energy Storage System Sales and Growth Rate (2013-2018)
6.5 Russia Energy Storage System Sales and Growth Rate (2013-2018)
6.6 Italy Energy Storage System Sales and Growth Rate (2013-2018)
7 Asia-Pacific Energy Storage System by Countries
7.1 Asia-Pacific Energy Storage System Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific Energy Storage System Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific Energy Storage System Revenue and Market Share by Countries (2013-2018)
7.2 China Energy Storage System Sales and Growth Rate (2013-2018)
7.3 Japan Energy Storage System Sales and Growth Rate (2013-2018)
7.4 Korea Energy Storage System Sales and Growth Rate (2013-2018)
7.5 India Energy Storage System Sales and Growth Rate (2013-2018)
7.6 Southeast Asia Energy Storage System Sales and Growth Rate (2013-2018)
8 South America Energy Storage System by Countries
8.1 South America Energy Storage System Sales, Revenue and Market Share by Countries
8.1.1 South America Energy Storage System Sales and Market Share by Countries (2013-2018)
8.1.2 South America Energy Storage System Revenue and Market Share by Countries (2013-2018)
8.2 Brazil Energy Storage System Sales and Growth Rate (2013-2018)
8.3 Argentina Energy Storage System Sales and Growth Rate (2013-2018)
8.4 Colombia Energy Storage System Sales and Growth Rate (2013-2018)
9 Middle East and Africa Energy Storage System by Countries
9.1 Middle East and Africa Energy Storage System Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Energy Storage System Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa Energy Storage System Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia Energy Storage System Sales and Growth Rate (2013-2018)
9.3 UAE Energy Storage System Sales and Growth Rate (2013-2018)
9.4 Egypt Energy Storage System Sales and Growth Rate (2013-2018)
9.5 Nigeria Energy Storage System Sales and Growth Rate (2013-2018)
9.6 South Africa Energy Storage System Sales and Growth Rate (2013-2018)
10 Global Energy Storage System Market Segment by Type
10.1 Global Energy Storage System Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Energy Storage System Sales and Market Share by Type (2013-2018)
10.1.2 Global Energy Storage System Revenue and Market Share by Type (2013-2018)
10.2 Electro Chemical Sales Growth and Price
10.2.1 Global Electro Chemical Sales Growth (2013-2018)
10.2.2 Global Electro Chemical Price (2013-2018)
10.3 Thermal Storage Sales Growth and Price
10.3.1 Global Thermal Storage Sales Growth (2013-2018)
10.3.2 Global Thermal Storage Price (2013-2018)
10.4 Mechanical Energy Storage Sales Growth and Price
10.4.1 Global Mechanical Energy Storage Sales Growth (2013-2018)
10.4.2 Global Mechanical Energy Storage Price (2013-2018)
10.5 Others Sales Growth and Price
10.5.1 Global Others Sales Growth (2013-2018)
10.5.2 Global Others Price (2013-2018)
11 Global Energy Storage System Market Segment by Application
11.1 Global Energy Storage System Sales Market Share by Application (2013-2018)
11.2 Transportation Sales Growth (2013-2018)
11.3 Grid Storage Sales Growth (2013-2018)
11.4 Others Sales Growth (2013-2018)
12 Energy Storage System Market Forecast (2018-2023)
12.1 Global Energy Storage System Sales, Revenue and Growth Rate (2018-2023)
12.2 Energy Storage System Market Forecast by Regions (2018-2023)
12.2.1 North America Energy Storage System Market Forecast (2018-2023)
12.2.2 Europe Energy Storage System Market Forecast (2018-2023)
12.2.3 Asia-Pacific Energy Storage System Market Forecast (2018-2023)
12.2.4 South America Energy Storage System Market Forecast (2018-2023)
12.2.5 Middle East and Africa Energy Storage System Market Forecast (2018-2023)
12.3 Energy Storage System Market Forecast by Type (2018-2023)
12.3.1 Global Energy Storage System Sales Forecast by Type (2018-2023)
12.3.2 Global Energy Storage System Market Share Forecast by Type (2018-2023)
12.4 Energy Storage System Market Forecast by Application (2018-2023)
12.4.1 Global Energy Storage System Sales Forecast by Application (2018-2023)
12.4.2 Global Energy Storage System Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Energy Storage System Picture
Table Product Specifications of Energy Storage System
Figure Global Sales Market Share of Energy Storage System by Types in 2017