Description

According to a report by StrategyHelix, the global grid-scale battery storage market is set to increase by US$ 1,666.8 million during 2022-2028, growing at a CAGR of 10.6% during the forecast period.

The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for grid-scale battery storage. The global grid-scale battery storage market is segmented on the basis of technology, service type, application, end user, and region. On the basis of technology, the global grid-scale battery storage market has been segmented into flow batteries, lead-acid batteries, lithium-ion batteries, sodium-based batteries, others. The lead-acid batteries segment is estimated to account for the largest share of the global grid-scale battery storage market. By service type, the global grid-scale battery storage market has been segmented into ancillary services, bulk energy services, transmission and distribution infrastructure services, others. The bulk energy services segment held the largest revenue share in 2021. Based on application, the global grid-scale battery storage market is categorized into black start provision, micro grid formation, peak load shifting, uninterruptible power supply, others. Globally, the uninterruptible power supply segment made up the largest share of the grid-scale battery storage market. On the basis of end user, the global grid-scale battery storage market has been segmented into commercial, industrial, others. The industrial segment was the largest contributor to the global grid-scale battery storage market in 2021. Geographically, the global grid-scale battery storage market is segmented into Asia Pacific, Europe, North America, Rest of the World (RoW).

The global grid-scale battery storage market is highly competitive. The grid-scale battery storage market is dominated by key players, which are A123 Systems LLC, ABB Ltd., BrightSource Energy Inc., BYD Co. Ltd., Duke Energy Corporation, Electrovaya Inc., Eos Energy Storage LLC, GE Renewable Energy, Hokkaido Electric Power Company, Johnson Controls International, LG Chem Ltd, Mitsubishi Heavy Industries Ltd., NEC Energy Solutions Inc., NGK Insulators Ltd., Panasonic Corporation, Renewable Energy Systems Americas Inc., Robert Bosch GmbH, Saft Groupe SA, Samsung SDI Co. Ltd., Sharp Corporation, Siemens Energy AG, SolarCity Corporation, Sumitomo Electric Industries Ltd., Tesla Inc., The Furukawa Battery Co.Ltd., Toshiba Energy Systems & Solutions Corporation. Competitive landscape gives a description of the competitive nature of the global grid-scale battery storage market and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the grid-scale battery storage market to help drive informed decision making for industry executives, policy makers, academic, and analysts.

Report Scope

Technology: flow batteries, lead-acid batteries, lithium-ion batteries, sodium-based batteries, others
Service type: ancillary services, bulk energy services, transmission and distribution infrastructure services, others
Application: black start provision, micro grid formation, peak load shifting, uninterruptible power supply, others
End user: commercial, industrial, others
Region: Asia Pacific, Europe, North America, Rest of the World (RoW)
Years considered: this report covers the period 2018 to 2028
Company mentioned: A123 Systems LLC, ABB Ltd., BrightSource Energy Inc., BYD Co. Ltd., Duke Energy Corporation, Electrovaya Inc., Eos Energy Storage LLC, GE Renewable Energy, Hokkaido Electric Power Company, Johnson Controls International, LG Chem Ltd, Mitsubishi Heavy Industries Ltd., NEC Energy Solutions Inc., NGK Insulators Ltd., Panasonic Corporation, Renewable Energy Systems Americas Inc., Robert Bosch GmbH, Saft Groupe SA, Samsung SDI Co. Ltd., Sharp Corporation, Siemens Energy AG, SolarCity Corporation, Sumitomo Electric Industries Ltd., Tesla Inc., The Furukawa Battery Co.Ltd., Toshiba Energy Systems & Solutions Corporation

Key Benefits for Stakeholders

– Get a comprehensive picture of the global grid-scale battery storage market
– Pinpoint growth sectors and trends for investment

Table of Contents

Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Grid-scale battery storage market overview
Part 3. Market breakdown by technology
– Flow batteries
– Lead-acid batteries
– Lithium-ion batteries
– Sodium-based batteries
– Others
Part 4. Market breakdown by service type
– Ancillary services
– Bulk energy services
– Transmission and distribution infrastructure services
– Others
Part 5. Market breakdown by application
– Black start provision
– Micro grid formation
– Peak load shifting
– Uninterruptible power supply
– Others
Part 6. Market breakdown by end user
– Commercial
– Industrial
– Others
Part 7. Market breakdown by region
– Asia Pacific
– Europe
– North America
– Rest of the World (RoW)
Part 8. Key companies
– A123 Systems, LLC
– ABB Ltd.
– BrightSource Energy, Inc.
– BYD Co., Ltd.
– Duke Energy Corporation
– Electrovaya Inc.
– Eos Energy Storage LLC
– GE Renewable Energy
– Hokkaido Electric Power Company
– Johnson Controls International
– LG Chem Ltd
– Mitsubishi Heavy Industries, Ltd.
– NEC Energy Solutions, Inc.
– NGK Insulators, Ltd.
– Panasonic Corporation
– Renewable Energy Systems Americas, Inc.
– Robert Bosch GmbH
– Saft Groupe SA
– Samsung SDI Co., Ltd.
– Sharp Corporation
– Siemens Energy AG
– SolarCity Corporation
– Sumitomo Electric Industries, Ltd.
– Tesla, Inc.
– The Furukawa Battery Co.,Ltd.
– Toshiba Energy Systems & Solutions Corporation
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