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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. Some technologies provide short-term energy storage, while others can endure for much longer. Bulk energy storage is currently dominated by hydroelectric dams, both conventional as well as pumped. Interest in long duration energy storage is rising as the rapid growth of variable output renewables continues and issues with grid stability and efficiency become more tangible for grid operators.
According to this study, over the next five years the Long Duration Energy Storage System market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Long Duration Energy Storage System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Long Duration Energy Storage System market by product type, application, key companies and key regions.
This study considers the Long Duration Energy Storage System value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Pumped Storage
LAES
Molten Salt Energy Storage
Flow Batteries Energy Storage
Li-Ion Batteries Energy Storage
Power-to-Gas Technology
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Power Plant
Utility Scale
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
GE
ABB
Highview Power
Linde
Messer
Viridor
Heatric
Samsung SDI
Hitachi
Fluence Energy
LG Chem
Panasonic
MAN
ESS, Inc
Dalian Rongke Power
BYD
Saft Batteries
Lockheed Martin Energy
LSIS
Kokam
Atlas Copco
Cryostar
Chart
Younicos
NGK
SMA Solar Technology
Primus Power
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Long Duration Energy Storage System market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Long Duration Energy Storage System market by identifying its various subsegments.
Focuses on the key global Long Duration Energy Storage System players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Long Duration Energy Storage System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Long Duration Energy Storage System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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
2019-2024 Global Long Duration Energy Storage System Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Long Duration Energy Storage System Market Size 2014-2024
2.1.2 Long Duration Energy Storage System Market Size CAGR by Region
2.2 Long Duration Energy Storage System Segment by Type
2.2.1 Pumped Storage
2.2.2 LAES
2.2.3 CAES
2.2.4 Molten Salt Energy Storage
2.2.5 Flow Batteries Energy Storage
2.2.6 Li-Ion Batteries Energy Storage
2.2.7 Power-to-Gas Technology
2.2.8 Others
2.3 Long Duration Energy Storage System Market Size by Type
2.3.1 Global Long Duration Energy Storage System Market Size Market Share by Type (2014-2019)
2.3.2 Global Long Duration Energy Storage System Market Size Growth Rate by Type (2014-2019)
2.4 Long Duration Energy Storage System Segment by Application
2.4.1 Power Plant
2.4.2 Utility Scale
2.4.3 Others
2.5 Long Duration Energy Storage System Market Size by Application
2.5.1 Global Long Duration Energy Storage System Market Size Market Share by Application (2014-2019)
2.5.2 Global Long Duration Energy Storage System Market Size Growth Rate by Application (2014-2019)
3 Global Long Duration Energy Storage System by Players
3.1 Global Long Duration Energy Storage System Market Size Market Share by Players
3.1.1 Global Long Duration Energy Storage System Market Size by Players (2017-2019)
3.1.2 Global Long Duration Energy Storage System Market Size Market Share by Players (2017-2019)
3.2 Global Long Duration Energy Storage System Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Long Duration Energy Storage System by Regions
4.1 Long Duration Energy Storage System Market Size by Regions
4.2 Americas Long Duration Energy Storage System Market Size Growth
4.3 APAC Long Duration Energy Storage System Market Size Growth
4.4 Europe Long Duration Energy Storage System Market Size Growth
4.5 Middle East & Africa Long Duration Energy Storage System Market Size Growth
5 Americas
5.1 Americas Long Duration Energy Storage System Market Size by Countries
5.2 Americas Long Duration Energy Storage System Market Size by Type
5.3 Americas Long Duration Energy Storage System Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Long Duration Energy Storage System Market Size by Countries
6.2 APAC Long Duration Energy Storage System Market Size by Type
6.3 APAC Long Duration Energy Storage System Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Long Duration Energy Storage System by Countries
7.2 Europe Long Duration Energy Storage System Market Size by Type
7.3 Europe Long Duration Energy Storage System Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Long Duration Energy Storage System by Countries
8.2 Middle East & Africa Long Duration Energy Storage System Market Size by Type
8.3 Middle East & Africa Long Duration Energy Storage System Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Long Duration Energy Storage System Market Forecast
10.1 Global Long Duration Energy Storage System Market Size Forecast (2019-2024)
10.2 Global Long Duration Energy Storage System Forecast by Regions
10.2.1 Global Long Duration Energy Storage System Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Long Duration Energy Storage System Forecast by Type
10.8 Global Long Duration Energy Storage System Forecast by Application
11 Key Players Analysis
11.1 GE
11.1.1 Company Details
11.1.2 Long Duration Energy Storage System Product Offered
11.1.3 GE Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 GE News
11.2 ABB
11.2.1 Company Details
11.2.2 Long Duration Energy Storage System Product Offered
11.2.3 ABB Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 ABB News
11.3 Highview Power
11.3.1 Company Details
11.3.2 Long Duration Energy Storage System Product Offered
11.3.3 Highview Power Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Highview Power News
11.4 Linde
11.4.1 Company Details
11.4.2 Long Duration Energy Storage System Product Offered
11.4.3 Linde Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 Linde News
11.5 Messer
11.5.1 Company Details
11.5.2 Long Duration Energy Storage System Product Offered
11.5.3 Messer Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 Messer News
11.6 Viridor
11.6.1 Company Details
11.6.2 Long Duration Energy Storage System Product Offered
11.6.3 Viridor Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 Viridor News
11.7 Heatric
11.7.1 Company Details
11.7.2 Long Duration Energy Storage System Product Offered
11.7.3 Heatric Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 Heatric News
11.8 Samsung SDI
11.8.1 Company Details
11.8.2 Long Duration Energy Storage System Product Offered
11.8.3 Samsung SDI Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 Samsung SDI News
11.9 Hitachi
11.9.1 Company Details
11.9.2 Long Duration Energy Storage System Product Offered
11.9.3 Hitachi Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 Hitachi News
11.10 Fluence Energy
11.10.1 Company Details
11.10.2 Long Duration Energy Storage System Product Offered
11.10.3 Fluence Energy Long Duration Energy Storage System Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 Fluence Energy News
11.11 LG Chem
11.12 Panasonic
11.13 MAN
11.14 ESS, Inc
11.15 Dalian Rongke Power
11.16 BYD
11.17 Saft Batteries
11.18 Lockheed Martin Energy
11.19 LSIS
11.20 Kokam
11.21 Atlas Copco
11.22 Cryostar
11.23 Chart
11.24 Younicos
11.25 NGK
11.26 SMA Solar Technology
11.27 Primus Power
12 Research Findings and Conclusion
List of Tables and Figures
Table Product Specifications of Long Duration Energy Storage System
Figure Long Duration Energy Storage System Report Years Considered
Figure Market Research Me
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