Global Battery Energy Storage Systems for Smart Grid Market

Global Battery Energy Storage Systems for Smart Grid Market Research Report 2021

Global Battery Energy Storage Systems for Smart Grid Market

Global Battery Energy Storage Systems for Smart Grid Market Research Report 2021


Insights into the Battery Energy Storage Systems for Smart Grid Market include supply chain optimization, Battery Energy Storage Systems for Smart Grid challenges, and growth forecasts segmented by region and service type.

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Research Predicts that Battery Energy Storage Systems for Smart 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 Systems for Smart Grid Market Overview:

Global Battery Energy Storage Systems for Smart 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 Systems for Smart 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 Systems for Smart 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 Systems for Smart Grid market in 2020.

Global Battery Energy Storage Systems for Smart Grid Market Segmentation

By Type, Battery Energy Storage Systems for Smart Grid market has been segmented into:

Secondary Batteries

Flow Batteries

By Application, Battery Energy Storage Systems for Smart Grid market has been segmented into:

Energy Management

Backup Power

Voltage Support

Load Leveling

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 Systems for Smart Grid market are:

Siemens

ABB

Samsung SDI

GEAlstom

A123

Bosch

BYD

AES Energy Storage

LG Chem

Saft

Axion Power International

Solar Grid Storage

1. Market Overview of Battery Energy Storage Systems for Smart Grid

1.1 Battery Energy Storage Systems for Smart Grid Market Overview

1.1.1 Battery Energy Storage Systems for Smart Grid Product Scope

1.1.2 Market Status and Outlook

1.2 Battery Energy Storage Systems for Smart Grid Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Battery Energy Storage Systems for Smart Grid Historic Market Size by Regions (2015-2020)

1.4 Battery Energy Storage Systems for Smart 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 Systems for Smart Grid Sales Market by Type (2015-2026)

2.1 Global Battery Energy Storage Systems for Smart Grid Historic Market Size by Type (2015-2020)

2.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Market Size by Type (2021-2026)

2.3 Secondary Batteries

2.4 Flow Batteries

3. Covid-19 Impact Battery Energy Storage Systems for Smart Grid Sales Market by Application (2015-2026)

3.1 Global Battery Energy Storage Systems for Smart Grid Historic Market Size by Application (2015-2020)

3.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Market Size by Application (2021-2026)

3.3 Energy Management

3.4 Backup Power

3.5 Voltage Support

3.6 Load Leveling

3.7 Others

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Battery Energy Storage Systems for Smart Grid Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Battery Energy Storage Systems for Smart Grid Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Battery Energy Storage Systems for Smart Grid Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Battery Energy Storage Systems for Smart Grid Business

5.1 Siemens

5.1.1 Siemens Company Profile

5.1.2 Siemens Battery Energy Storage Systems for Smart Grid Product Specification

5.1.3 Siemens Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 ABB

5.2.1 ABB Company Profile

5.2.2 ABB Battery Energy Storage Systems for Smart Grid Product Specification

5.2.3 ABB Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 Samsung SDI

5.3.1 Samsung SDI Company Profile

5.3.2 Samsung SDI Battery Energy Storage Systems for Smart Grid Product Specification

5.3.3 Samsung SDI Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 GEAlstom

5.4.1 GEAlstom Company Profile

5.4.2 GEAlstom Battery Energy Storage Systems for Smart Grid Product Specification

5.4.3 GEAlstom Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 A123

5.5.1 A123 Company Profile

5.5.2 A123 Battery Energy Storage Systems for Smart Grid Product Specification

5.5.3 A123 Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 Bosch

5.6.1 Bosch Company Profile

5.6.2 Bosch Battery Energy Storage Systems for Smart Grid Product Specification

5.6.3 Bosch Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 BYD

5.7.1 BYD Company Profile

5.7.2 BYD Battery Energy Storage Systems for Smart Grid Product Specification

5.7.3 BYD Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 AES Energy Storage

5.8.1 AES Energy Storage Company Profile

5.8.2 AES Energy Storage Battery Energy Storage Systems for Smart Grid Product Specification

5.8.3 AES Energy Storage Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 LG Chem

5.9.1 LG Chem Company Profile

5.9.2 LG Chem Battery Energy Storage Systems for Smart Grid Product Specification

5.9.3 LG Chem Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 Saft

5.10.1 Saft Company Profile

5.10.2 Saft Battery Energy Storage Systems for Smart Grid Product Specification

5.10.3 Saft Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 Axion Power International

5.11.1 Axion Power International Company Profile

5.11.2 Axion Power International Battery Energy Storage Systems for Smart Grid Product Specification

5.11.3 Axion Power International Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 Solar Grid Storage

5.12.1 Solar Grid Storage Company Profile

5.12.2 Solar Grid Storage Battery Energy Storage Systems for Smart Grid Product Specification

5.12.3 Solar Grid Storage Battery Energy Storage Systems for Smart Grid Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

6.2 North America Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

6.3 North America Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

6.4 North America Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

7.2 East Asia Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

7.3 East Asia Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

7.4 East Asia Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

8. Europe

8.1 Europe Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

8.2 Europe Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

8.3 Europe Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

8.4 Europe Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

9.2 South Asia Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

9.3 South Asia Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

9.4 South Asia Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

10.2 Southeast Asia Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

10.3 Southeast Asia Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

10.4 Southeast Asia Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

11.2 Middle East Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

11.3 Middle East Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

11.4 Middle East Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

12. Africa

12.1 Africa Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

12.2 Africa Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

12.3 Africa Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

12.4 Africa Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

13.2 Oceania Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

13.3 Oceania Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

13.4 Oceania Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

14. South America

14.1 South America Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

14.2 South America Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

14.3 South America Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

14.4 South America Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Battery Energy Storage Systems for Smart Grid Market Size (2015-2026)

15.2 Rest of the World Battery Energy Storage Systems for Smart Grid Key Players in North America (2015-2020)

15.3 Rest of the World Battery Energy Storage Systems for Smart Grid Market Size by Type (2015-2020)

15.4 Rest of the World Battery Energy Storage Systems for Smart Grid Market Size by Application (2015-2020)

16 Battery Energy Storage Systems for Smart 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:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors 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, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Battery Energy Storage Systems for Smart 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.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

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

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Battery Energy Storage Systems for Smart Grid Market?
Some of the finest and top-notch companies pioneering the Battery Energy Storage Systems for Smart Grid Market are Siemens, ABB, Samsung SDI, GEAlstom, A123, Bosch, BYD, AES Energy Storage, LG Chem, Saft, Axion Power International, Solar Grid Storage.
How is the competition changing gears in the Battery Energy Storage Systems for Smart Grid Industry?
Emerging markets will create new demands and put pressure on the industry to act quickly. Simultaneously, market players such as Siemens, ABB, Samsung SDI, GEAlstom, A123, Bosch, BYD, AES Energy Storage, LG Chem, Saft, Axion Power International, Solar Grid Storage will face challenges from the industry's increasing pace of consolidation, particularly in North America and Europe.
What important business segments are segregated by application types in the latest edition of the Battery Energy Storage Systems for Smart Grid Market?
The key business segments in the Battery Energy Storage Systems for Smart Grid Market are segregated by applications [Energy Management, Backup Power, Voltage Support, Load Leveling, Others] and types [Secondary Batteries, Flow Batteries].
What is the market value of the Battery Energy Storage Systems for Smart Grid Industry?
In 2024, the Battery Energy Storage Systems for Smart Grid Market share exceeded USD xx million. Between 2025 and 2030, it will grow at a CAGR of yy%.
What is Battery Energy Storage Systems for Smart Grid Market Concentration Rate?
In addition to the Battery Energy Storage Systems for Smart Grid Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Battery Energy Storage Systems for Smart Grid Market.
What are the top priorities for the growth of the Battery Energy Storage Systems for Smart Grid Market?
In this highly competitive and rapidly evolving Battery Energy Storage Systems for Smart Grid Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.