
Global Battery Energy Storage System for Power Grid Market Research Report 2021
Battery Energy Storage System for Power Grid Market by End User (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, Other End Users), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast - is a comprehensive report that provides insights into the market dynamics, including the key drivers, challenges, and opportunities shaping the industry landscape. It also delves into the competitive landscape, highlighting the major players and their strategies.
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Research Predicts that Battery Energy Storage System for Power Grid Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.
Global Battery Energy Storage System for Power Grid Market Overview:
Global Battery Energy Storage System for Power Grid Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Battery Energy Storage System for Power Grid involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
Impact of COVID-19 on Battery Energy Storage System for Power Grid Market
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Battery Energy Storage System for Power Grid market in 2020.
Global Battery Energy Storage System for Power Grid Market Segmentation
By Type, Battery Energy Storage System for Power Grid market has been segmented into:
Lithium-Ion Batteries
Sodium–Sulfur Batteries
Flow Batteries
Advanced Lead-Acid Batteries
Others
By Application, Battery Energy Storage System for Power Grid market has been segmented into:
Residential
Non-Residential
Utilities
Others
Regional Analysis:
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Top Key Players Covered in Battery Energy Storage System for Power Grid market are:
ABB
LG Chem
NEC
Panasonic
Samsung SDI
AEG Power Solutions
General Electric
Hitachi
Siemens AG
The Aes Corporation
Alevo Group
Exergonix
Corvus Energy
East Penn Manufacturing
Enerdel
Mitsubishi Heavy Industries (MHI) Group
NGK Insulators
Toshiba Infrastructure Systems & Solutions
Trinabess
1. Market Overview of Battery Energy Storage System for Power Grid
1.1 Battery Energy Storage System for Power Grid Market Overview
1.1.1 Battery Energy Storage System for Power Grid Product Scope
1.1.2 Market Status and Outlook
1.2 Battery Energy Storage System for Power Grid Market Size by Regions: 2015 VS 2021 VS 2026
1.3 Battery Energy Storage System for Power Grid Historic Market Size by Regions (2015-2020)
1.4 Battery Energy Storage System for Power Grid Forecasted Market Size by Regions (2021-2026)
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Battery Energy Storage System for Power Grid Sales Market by Type (2015-2026)
2.1 Global Battery Energy Storage System for Power Grid Historic Market Size by Type (2015-2020)
2.2 Global Battery Energy Storage System for Power Grid Forecasted Market Size by Type (2021-2026)
2.3 Lithium-Ion Batteries
2.4 Sodium–Sulfur Batteries
2.5 Flow Batteries
2.6 Advanced Lead-Acid Batteries
2.7 Others
3. Covid-19 Impact Battery Energy Storage System for Power Grid Sales Market by Application (2015-2026)
3.1 Global Battery Energy Storage System for Power Grid Historic Market Size by Application (2015-2020)
3.2 Global Battery Energy Storage System for Power Grid Forecasted Market Size by Application (2021-2026)
3.3 Residential
3.4 Non-Residential
3.5 Utilities
3.6 Others
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Battery Energy Storage System for Power Grid Production Capacity Market Share by Manufacturers (2015-2020)
4.2 Global Battery Energy Storage System for Power Grid Revenue Market Share by Manufacturers (2015-2020)
4.3 Global Battery Energy Storage System for Power Grid Average Price by Manufacturers (2015-2020)
5. Company Profiles and Key Figures in Battery Energy Storage System for Power Grid Business
5.1 ABB
5.1.1 ABB Company Profile
5.1.2 ABB Battery Energy Storage System for Power Grid Product Specification
5.1.3 ABB Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.2 LG Chem
5.2.1 LG Chem Company Profile
5.2.2 LG Chem Battery Energy Storage System for Power Grid Product Specification
5.2.3 LG Chem Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.3 NEC
5.3.1 NEC Company Profile
5.3.2 NEC Battery Energy Storage System for Power Grid Product Specification
5.3.3 NEC Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.4 Panasonic
5.4.1 Panasonic Company Profile
5.4.2 Panasonic Battery Energy Storage System for Power Grid Product Specification
5.4.3 Panasonic Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.5 Samsung SDI
5.5.1 Samsung SDI Company Profile
5.5.2 Samsung SDI Battery Energy Storage System for Power Grid Product Specification
5.5.3 Samsung SDI Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.6 AEG Power Solutions
5.6.1 AEG Power Solutions Company Profile
5.6.2 AEG Power Solutions Battery Energy Storage System for Power Grid Product Specification
5.6.3 AEG Power Solutions Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.7 General Electric
5.7.1 General Electric Company Profile
5.7.2 General Electric Battery Energy Storage System for Power Grid Product Specification
5.7.3 General Electric Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.8 Hitachi
5.8.1 Hitachi Company Profile
5.8.2 Hitachi Battery Energy Storage System for Power Grid Product Specification
5.8.3 Hitachi Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.9 Siemens AG
5.9.1 Siemens AG Company Profile
5.9.2 Siemens AG Battery Energy Storage System for Power Grid Product Specification
5.9.3 Siemens AG Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.10 The Aes Corporation
5.10.1 The Aes Corporation Company Profile
5.10.2 The Aes Corporation Battery Energy Storage System for Power Grid Product Specification
5.10.3 The Aes Corporation Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.11 Alevo Group
5.11.1 Alevo Group Company Profile
5.11.2 Alevo Group Battery Energy Storage System for Power Grid Product Specification
5.11.3 Alevo Group Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.12 Exergonix
5.12.1 Exergonix Company Profile
5.12.2 Exergonix Battery Energy Storage System for Power Grid Product Specification
5.12.3 Exergonix Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.13 Corvus Energy
5.13.1 Corvus Energy Company Profile
5.13.2 Corvus Energy Battery Energy Storage System for Power Grid Product Specification
5.13.3 Corvus Energy Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.14 East Penn Manufacturing
5.14.1 East Penn Manufacturing Company Profile
5.14.2 East Penn Manufacturing Battery Energy Storage System for Power Grid Product Specification
5.14.3 East Penn Manufacturing Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.15 Enerdel
5.15.1 Enerdel Company Profile
5.15.2 Enerdel Battery Energy Storage System for Power Grid Product Specification
5.15.3 Enerdel Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.16 Mitsubishi Heavy Industries (MHI) Group
5.16.1 Mitsubishi Heavy Industries (MHI) Group Company Profile
5.16.2 Mitsubishi Heavy Industries (MHI) Group Battery Energy Storage System for Power Grid Product Specification
5.16.3 Mitsubishi Heavy Industries (MHI) Group Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.17 NGK Insulators
5.17.1 NGK Insulators Company Profile
5.17.2 NGK Insulators Battery Energy Storage System for Power Grid Product Specification
5.17.3 NGK Insulators Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.18 Toshiba Infrastructure Systems & Solutions
5.18.1 Toshiba Infrastructure Systems & Solutions Company Profile
5.18.2 Toshiba Infrastructure Systems & Solutions Battery Energy Storage System for Power Grid Product Specification
5.18.3 Toshiba Infrastructure Systems & Solutions Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
5.19 Trinabess
5.19.1 Trinabess Company Profile
5.19.2 Trinabess Battery Energy Storage System for Power Grid Product Specification
5.19.3 Trinabess Battery Energy Storage System for Power Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)
6. North America
6.1 North America Battery Energy Storage System for Power Grid Market Size (2015-2026)
6.2 North America Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
6.3 North America Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
6.4 North America Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
7. East Asia
7.1 East Asia Battery Energy Storage System for Power Grid Market Size (2015-2026)
7.2 East Asia Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
7.3 East Asia Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
7.4 East Asia Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
8. Europe
8.1 Europe Battery Energy Storage System for Power Grid Market Size (2015-2026)
8.2 Europe Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
8.3 Europe Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
8.4 Europe Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
9. South Asia
9.1 South Asia Battery Energy Storage System for Power Grid Market Size (2015-2026)
9.2 South Asia Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
9.3 South Asia Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
9.4 South Asia Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
10. Southeast Asia
10.1 Southeast Asia Battery Energy Storage System for Power Grid Market Size (2015-2026)
10.2 Southeast Asia Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
10.3 Southeast Asia Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
10.4 Southeast Asia Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
11. Middle East
11.1 Middle East Battery Energy Storage System for Power Grid Market Size (2015-2026)
11.2 Middle East Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
11.3 Middle East Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
11.4 Middle East Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
12. Africa
12.1 Africa Battery Energy Storage System for Power Grid Market Size (2015-2026)
12.2 Africa Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
12.3 Africa Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
12.4 Africa Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
13. Oceania
13.1 Oceania Battery Energy Storage System for Power Grid Market Size (2015-2026)
13.2 Oceania Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
13.3 Oceania Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
13.4 Oceania Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
14. South America
14.1 South America Battery Energy Storage System for Power Grid Market Size (2015-2026)
14.2 South America Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
14.3 South America Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
14.4 South America Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
15. Rest of the World
15.1 Rest of the World Battery Energy Storage System for Power Grid Market Size (2015-2026)
15.2 Rest of the World Battery Energy Storage System for Power Grid Key Players in North America (2015-2020)
15.3 Rest of the World Battery Energy Storage System for Power Grid Market Size by Type (2015-2020)
15.4 Rest of the World Battery Energy Storage System for Power Grid Market Size by Application (2015-2020)
16 Battery Energy Storage System for Power Grid Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter’s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Research Methodology:
Battery Energy Storage System for Power Grid Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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