Battery Energy Storage System Market– Global Industry Analysis and Forecast (2017-2026) _ by Battery Type (Lithium-Ion, Advanced Lead Acid, Flow Batteries, Sodium-Sulfur (NAS) and Others), by Connection Type (On-Grid and Off-Grid), by Revenue Source (Hardware and Software & Services), by Ownership, by Application and by Geography

Market Scenario

Battery Energy Storage System Market is expected to reach USD 18951.43 Million by 2026 from USD 784.54 Million in 2016 at a CAGR of 37.5% (Detailed analysis of the market CAGR is provided in the report). Battery energy storage systems market is expected to witness significant growth during the forecast period. There is increasing need of energy storage systems due to greater use of renewable energy in the form of wind and solar and as solar power and wind power are not always available whenever needed it is required to be stored. Battery Energy Storage System MarketThe battery energy storage system market based on battery type has been segmented into advanced-lead acid batteries, flow batteries, lithium-ion batteries and sodium-sulfur (NAS) batteries and others. The lithium-ion batteries is expected to be one of the major contributors of the market during the forecast period due their large use in battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). The battery energy storage system market based on application has been segmented into residential, non-residential, utility, transportation and others. The utility segment held the largest market shares and residential segment is expected to grow at a high CAGR during the forecast period. The residential application is growing due to the increasing awareness about the use of natural energy and as an auxiliary power source at the time of emergency. Geographically, the battery energy storage system has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific (APAC) is expected to be one of the largest markets for battery energy storage systems. This is due to the presence of major players in APAC region and growing interest of residential sector. The years that have been considered for the study are: • Base year – 2016 • Estimated year – 2017 • Forecast period – 2017 to 2026 Key Highlights: • Battery energy storage system market analysis and forecast, in terms of volume and value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the battery energy storage system market. • Battery energy storage system market segmentation on the basis of battery type, connection type, revenue source, ownership, application and geography (country-wise) has been provided. • Battery energy storage system market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study. • Battery energy storage system market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the battery energy storage system market are also profiled. Research Methodology Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about battery energy storage system market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the battery energy storage system market globally. Global battery energy storage system marketplace is growing with the presence of major companies holding a large market share. Some of them operating in the market are given underneath: • ABB Ltd. (Switzerland) • General Electric Co. (U.S.) • AEG Power Solutions (The Netherland) • Hitachi ltd (Japan) • NEC Corporation (Japan) • LG Chem. (South Korea) • Panasonic Corporation (Japan) • Siemens AG (Germany) • Samsung SDI Co., ltd. (South Korea) • Tesla Motors Ltd. (U.S.) Key Target Audience: • Battery energy storage system developers • Research organizations • Grid connected solution providers • Associations, forums and alliances related to battery energy storage system Scope of the Report The research report segments the battery energy storage system market based on battery type, connection type, ownership, revenue source, application and geography Battery Energy Storage System Market, by Battery Type: • Lithium-Ion Batteries • Advanced Lead-Acid Batteries • Flow Batteries • Sodium-Sulfur (NAS) Batteries • Others Battery Energy Storage System Market, by Connection Type: • On-Grid • Off-Grid Battery Energy Storage System Market, by Ownership: • Customer-Owned • Utility-Owned • Third-Party-Owned Battery Energy Storage System Market, by Revenue Source: • Hardware • Software & Services Battery Energy Storage System Market, by Application: • Residential • Non-Residential • Utility • Transportation • Others Battery Energy Storage System Market, by Geography: • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Geographic Analysis • Breakdown of North America Battery Energy Storage System Market • Breakdown of Europe Battery Energy Storage System Market • Breakdown of Asia Pacific Battery Energy Storage System Market • Breakdown of Middle East & Africa Battery Energy Storage System Market • Breakdown of Latin America Battery Energy Storage System Market Available Customization Maximize Market Research offers customization of reports according to the specific requirement of our clients Smart Speaker Market: Global Industry Analysis and Forecast 2026

Table of Contents

1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE (2016-2026) 5.1. Introduction 5.2. Food Automation Market, by Lithium–Ion 5.2.1. Lithium–Ion Market Overview 5.2.2. Lithium–Ion Market Size & Forecast 5.3. Food Automation Market, by Sodium-Sulfur (NAS) Batteries 5.3.1. Sodium-Sulfur (NAS) Batteries Market Overview 5.3.2. Sodium-Sulfur (NAS) Batteries Market Size & Forecast 5.4. Food Automation Market, by Flow Batteries 5.4.1. Flow Batteries Market Overview 5.4.2. Flow Batteries Market Size & Forecast 5.5. Food Automation Market, by Advanced Lead-Acid Batteries 5.5.1. Advanced Lead-Acid Batteries Market Overview 5.5.2. Advanced Lead-Acid Batteries Market Size & Forecast 5.6. Food Automation Market, by Others 5.6.1. Others Market Overview 5.6.2. Others Market Size & Forecast 5.6.2.1. Nickel-Cadmium Battery 5.6.2.2. Nickel Metal Hydride Battery 5.6.2.3. Nickel Iron Battery 6. BATTERY ENERGY STORAGE SYSTEM MARKET, BY REVENUE SOURCE (2016-2026) 6.1. Introduction 6.2. Food Automation Market, by Hardware 6.2.1. Hardware Market Overview 6.2.2. Hardware Market Size & Forecast 6.3. Food Automation Market, by Software & Services 6.3.1. Software & Services Market Overview 6.3.2. Software & Services Market Size & Forecast 7. BATTERY ENERGY STORAGE SYSTEM MARKET, BY CONNECTION TYPE (2016-2026) 7.1. Introduction 7.2. Food Automation Market, by On-Grid Connection Type 7.2.1. On-Grid Connection Type Market Overview 7.2.2. On-Grid Connection Type Market Size & Forecast 7.3. Food Automation Market, by Off-Grid Connection Type 7.3.1. Off-Grid Connection Type Market Overview 7.3.2. Off-Grid Connection Type Market Size & Forecast 8. BATTERY ENERGY STORAGE SYSTEM MARKET, BY OWNERSHIP (2016-2026) 8.1. Introduction 8.2. Food Automation Market, by Customer-Owned 8.2.1. Customer-Owned Market Overview 8.2.2. Customer-Owned Market Size & Forecast 8.3. Food Automation Market, by Third-Party-Owned 8.3.1. Third-Party-Owned Market Overview 8.3.2. Third-Party-Owned Market Size & Forecast 8.4. Food Automation Market, by Utility-Owned 8.4.1. Utility-Owned Market Overview 8.4.2. Utility-Owned Market Size & Forecast 9. BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION (2016-2026) 9.1. Introduction 9.2. Food Automation Market, by Residential 9.2.1. Residential Market Overview 9.2.2. Residential Market Size & Forecast 9.3. Food Automation Market, by Non-Residential 9.3.1. Non-Residential Market Overview 9.3.2. Non-Residential Market Size & Forecast 9.4. Food Automation Market, by Utility 9.4.1. Utility Market Overview 9.4.2. Utility Market Size & Forecast 9.5. Food Automation Market, by Transportation 9.5.1. Transportation Market Overview 9.5.2. Transportation Market Size & Forecast 9.6. Food Automation Market, by Others 9.6.1. Others Market Overview 9.6.2. Others Market Size & Forecast 10. BATTERY ENERGY STORAGE SYSTEM MARKET, BY GEOGRAPHY (2016-2026) 10.1. North America Food Automation Market 10.1.1. North America Food Automation Market, by Battery Type 10.1.2. North America Food Automation Market, by Connection Type 10.1.3. North America Food Automation Market, by Ownership 10.1.4. North America Food Automation Market, by Revenue Source 10.1.5. North America Food Automation Market, by Application 10.1.6. North America Food Automation Market, by Region 10.1.6.1. U.S. Food Automation Market 10.1.6.2. Canada Food Automation Market 10.1.6.3. Rest of North America Food Automation Market 10.2. Europe Food Automation Market 10.2.1. Europe Food Automation Market, by Battery Type 10.2.2. Europe Food Automation Market, by Connection Type 10.2.3. Europe Food Automation Market, by Ownership 10.2.4. Europe Food Automation Market, by Revenue Source 10.2.5. Europe Food Automation Market, by Application 10.2.6. Europe Food Automation Market, by Region 10.2.6.1. France Food Automation Market 10.2.6.2. Germany Food Automation Market 10.2.6.3. U.K .Food Automation Market 10.2.6.4. Rest of Europe Food Automation Market 10.3. Asia Pacific Food Automation Market 10.3.1. Asia-Pacific Food Automation Market, by Battery Type 10.3.2. Asia-Pacific Food Automation Market, by Connection Type 10.3.3. Asia-Pacific Food Automation Market, by Ownership 10.3.4. Asia-Pacific Food Automation Market, by Revenue Source 10.3.5. Asia-Pacific Food Automation Market, by Application 10.3.6. Asia-Pacific Food Automation Market, by Region 10.3.6.1. China Food Automation Market 10.3.6.2. Japan Food Automation Market 10.3.6.3. India Food Automation Market 10.3.6.4. Australia Food Automation Market 10.3.6.5. South Korea Food Automation Market 10.3.6.6. Rest of Asia Pacific Food Automation Market 10.4. Middle East & Africa Food Automation Market 10.4.1. Middle East & Africa Food Automation Market, by Battery Type 10.4.2. Middle East & Africa Food Automation Market, by Connection Type 10.4.3. Middle East & Africa Food Automation Market, by Ownership 10.4.4. Middle East & Africa Food Automation Market, by Revenue Source 10.4.5. Middle East & Africa Food Automation Market, by Application 10.4.6. Middle East & Africa Food Automation Market, by Region 10.4.6.1. South Africa Food Automation Market 10.4.6.2. Egypt Food Automation Market 10.4.6.3. Nigeria Food Automation Market 10.4.6.4. Rest of Middle East & Africa Food Automation Market 10.5. Latin America Food Automation Market 10.5.1. Latin America Food Automation Market, by Battery Type 10.5.2. Latin America Food Automation Market, by Connection Type 10.5.3. Latin America Food Automation Market, by Ownership 10.5.4. Latin America Food Automation Market, by Revenue Source 10.5.5. Latin America Food Automation Market, by Application 10.5.6. Latin America Food Automation Market, by Region 10.5.6.1. Brazil Food Automation Market 10.5.6.2. Argentina Food Automation Market 10.5.6.3. Columbia Food Automation Market 10.5.6.4. Mexico Food Automation Market 10.5.6.5. Rest of Latin America Food Automation Market 11. MARKET COMPETITION ANALYSIS 11.1 Market Share/Positioning Analysis 11.2 Key Innovators 11.3 Company Profiles 11.3.1 ABB Ltd. 11.3.1.1 Overview 11.3.1.2 Products/ End-User 11.3.1.3 Strategy 11.3.1.4 Key Developments 11.3.2 General Electric Co. 11.3.2.1 Overview 11.3.2.2 Products/ End-User 11.3.2.3 Strategy 11.3.2.4 Key Developments 11.3.3 AEG Power Solutions 11.3.3.1 Overview 11.3.3.2 Products/ End-User 11.3.3.3 Strategy 11.3.3.4 Key Developments 11.3.4 Hitachi ltd 11.3.4.1 Overview 11.3.4.2 Products/ End-User 11.3.4.3 Strategy 11.3.4.4 Key Developments 11.3.5 NEC Corporation 11.3.5.1 Overview 11.3.5.2 Products/ End-User 11.3.5.3 Strategy 11.3.5.4 Key Developments 11.3.6 LG Chem. 11.3.6.1 Overview 11.3.6.2 Products/ End-User 11.3.6.3 Strategy 11.3.6.4 Key Developments 11.3.7 Panasonic Corporation 11.3.7.1 Overview 11.3.7.2 Products/ End-User 11.3.7.3 Strategy 11.3.7.4 Key Developments 11.3.8 Siemens AG 11.3.8.1 Overview 11.3.8.2 Products/ End-User 11.3.8.3 Strategy 11.3.8.4 Key Developments 11.3.9 Samsung SDI Co., ltd. 11.3.9.1 Overview 11.3.9.2 Products/ End-User 11.3.9.3 Strategy 11.3.9.4 Key Developments 11.3.10 Tesla Motors Ltd. 11.3.10.1 Overview 11.3.10.2 Products/ End-User 11.3.10.3 Strategy 11.3.10.4 Key Developments

Inquiry Before Buying

Request Sample

About This Report

Report ID 2753
Category Electronics
Publisher Name
No of Pages
Total Views
Published Date
Contact Us
Call Now