Energy Storage Technology Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Energy Storage Technology Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
Analysis of the Energy Storage Technology Market reveals emerging trends, consumer adoption rates, and competitive strategies among leading manufacturers worldwide.
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This report elaborates the market size, market characteristics, and market growth of the Energy Storage Technology industry, and breaks down according to the type, application, and consumption area of Energy Storage Technology. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Energy Storage Technology in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Energy Storage Technology market covered in Chapter 13:
GS Yuasa Corporation
Johnson Controls International PLC
Contemporary Amperex Technology Co. Limited
UNIENERGY TECHNOLOGIES LLC
BYD Co. Ltd
In Chapter 6, on the basis of types, the Energy Storage Technology market from 2015 to 2025 is primarily split into:
Pumped Hydro Storage
Compressed Air
Sodium Sulphur
Lithium
Lead Acid
Nickel Cadmium
Flywheel
Redox-Flow
In Chapter 7, on the basis of applications, the Energy Storage Technology market from 2015 to 2025 covers:
Residential
Non-Residential
Utility
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Energy Storage Technology Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Energy Storage Technology Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Energy Storage Technology Market Forces
3.1 Global Energy Storage Technology Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Energy Storage Technology Market - By Geography
4.1 Global Energy Storage Technology Market Value and Market Share by Regions
4.1.1 Global Energy Storage Technology Value ($) by Region (2015-2020)
4.1.2 Global Energy Storage Technology Value Market Share by Regions (2015-2020)
4.2 Global Energy Storage Technology Market Production and Market Share by Major Countries
4.2.1 Global Energy Storage Technology Production by Major Countries (2015-2020)
4.2.2 Global Energy Storage Technology Production Market Share by Major Countries (2015-2020)
4.3 Global Energy Storage Technology Market Consumption and Market Share by Regions
4.3.1 Global Energy Storage Technology Consumption by Regions (2015-2020)
4.3.2 Global Energy Storage Technology Consumption Market Share by Regions (2015-2020)
5 Energy Storage Technology Market - By Trade Statistics
5.1 Global Energy Storage Technology Export and Import
5.2 United States Energy Storage Technology Export and Import (2015-2020)
5.3 Europe Energy Storage Technology Export and Import (2015-2020)
5.4 China Energy Storage Technology Export and Import (2015-2020)
5.5 Japan Energy Storage Technology Export and Import (2015-2020)
5.6 India Energy Storage Technology Export and Import (2015-2020)
5.7
6 Energy Storage Technology Market - By Type
6.1 Global Energy Storage Technology Production and Market Share by Types (2015-2020)
6.1.1 Global Energy Storage Technology Production by Types (2015-2020)
6.1.2 Global Energy Storage Technology Production Market Share by Types (2015-2020)
6.2 Global Energy Storage Technology Value and Market Share by Types (2015-2020)
6.2.1 Global Energy Storage Technology Value by Types (2015-2020)
6.2.2 Global Energy Storage Technology Value Market Share by Types (2015-2020)
6.3 Global Energy Storage Technology Production, Price and Growth Rate of Pumped Hydro Storage (2015-2020)
6.4 Global Energy Storage Technology Production, Price and Growth Rate of Compressed Air (2015-2020)
6.5 Global Energy Storage Technology Production, Price and Growth Rate of Sodium Sulphur (2015-2020)
6.6 Global Energy Storage Technology Production, Price and Growth Rate of Lithium (2015-2020)
6.7 Global Energy Storage Technology Production, Price and Growth Rate of Lead Acid (2015-2020)
6.8 Global Energy Storage Technology Production, Price and Growth Rate of Nickel Cadmium (2015-2020)
6.9 Global Energy Storage Technology Production, Price and Growth Rate of Flywheel (2015-2020)
6.10 Global Energy Storage Technology Production, Price and Growth Rate of Redox-Flow (2015-2020)
7 Energy Storage Technology Market - By Application
7.1 Global Energy Storage Technology Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Energy Storage Technology Consumption by Applications (2015-2020)
7.1.2 Global Energy Storage Technology Consumption Market Share by Applications (2015-2020)
7.2 Global Energy Storage Technology Consumption and Growth Rate of Residential (2015-2020)
7.3 Global Energy Storage Technology Consumption and Growth Rate of Non-Residential (2015-2020)
7.4 Global Energy Storage Technology Consumption and Growth Rate of Utility (2015-2020)
8 North America Energy Storage Technology Market
8.1 North America Energy Storage Technology Market Size
8.2 United States Energy Storage Technology Market Size
8.3 Canada Energy Storage Technology Market Size
8.4 Mexico Energy Storage Technology Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Energy Storage Technology Market Analysis
9.1 Europe Energy Storage Technology Market Size
9.2 Germany Energy Storage Technology Market Size
9.3 United Kingdom Energy Storage Technology Market Size
9.4 France Energy Storage Technology Market Size
9.5 Italy Energy Storage Technology Market Size
9.6 Spain Energy Storage Technology Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Energy Storage Technology Market Analysis
10.1 Asia-Pacific Energy Storage Technology Market Size
10.2 China Energy Storage Technology Market Size
10.3 Japan Energy Storage Technology Market Size
10.4 South Korea Energy Storage Technology Market Size
10.5 Southeast Asia Energy Storage Technology Market Size
10.6 India Energy Storage Technology Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Energy Storage Technology Market Analysis
11.1 Middle East and Africa Energy Storage Technology Market Size
11.2 Saudi Arabia Energy Storage Technology Market Size
11.3 UAE Energy Storage Technology Market Size
11.4 South Africa Energy Storage Technology Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Energy Storage Technology Market Analysis
12.1 South America Energy Storage Technology Market Size
12.2 Brazil Energy Storage Technology Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 GS Yuasa Corporation
13.1.1 GS Yuasa Corporation Basic Information
13.1.2 GS Yuasa Corporation Product Profiles, Application and Specification
13.1.3 GS Yuasa Corporation Energy Storage Technology Market Performance (2015-2020)
13.2 Johnson Controls International PLC
13.2.1 Johnson Controls International PLC Basic Information
13.2.2 Johnson Controls International PLC Product Profiles, Application and Specification
13.2.3 Johnson Controls International PLC Energy Storage Technology Market Performance (2015-2020)
13.3 Contemporary Amperex Technology Co. Limited
13.3.1 Contemporary Amperex Technology Co. Limited Basic Information
13.3.2 Contemporary Amperex Technology Co. Limited Product Profiles, Application and Specification
13.3.3 Contemporary Amperex Technology Co. Limited Energy Storage Technology Market Performance (2015-2020)
13.4 UNIENERGY TECHNOLOGIES LLC
13.4.1 UNIENERGY TECHNOLOGIES LLC Basic Information
13.4.2 UNIENERGY TECHNOLOGIES LLC Product Profiles, Application and Specification
13.4.3 UNIENERGY TECHNOLOGIES LLC Energy Storage Technology Market Performance (2015-2020)
13.5 BYD Co. Ltd
13.5.1 BYD Co. Ltd Basic Information
13.5.2 BYD Co. Ltd Product Profiles, Application and Specification
13.5.3 BYD Co. Ltd Energy Storage Technology Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Energy Storage Technology Market Forecast (2020-2025)
14.2 Europe Energy Storage Technology Market Forecast (2020-2025)
14.3 Asia-Pacific Energy Storage Technology Market Forecast (2020-2025)
14.4 Middle East and Africa Energy Storage Technology Market Forecast (2020-2025)
14.5 South America Energy Storage Technology Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Energy Storage Technology Market Forecast by Types (2020-2025)
15.1.1 Global Energy Storage Technology Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Energy Storage Technology Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Energy Storage Technology Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Energy Storage Technology Picture
Table Energy Storage Technology Key Market Segments
Figure Study and Forecasting Years
Figure Global Energy Storage Technology Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Energy Storage Technology Value ($) and Growth Rate (2015-2020)
Table Global Energy Storage Technology Value ($) by Countries (2015-2020)
Table Global Energy Storage Technology Value Market Share by Regions (2015-2020)
Figure Global Energy Storage Technology Value Market Share by Regions in 2019
Figure Global Energy Storage Technology Production and Growth Rate (2015-2020)
Table Global Energy Storage Technology Production by Major Countries (2015-2020)
Table Global Energy Storage Technology Production Market Share by Major Countries (2015-2020)
Figure Global Energy Storage Technology Production Market Share by Regions in 2019
Figure Global Energy Storage Technology Consumption and Growth Rate (2015-2020)
Table Global Energy Storage Technology Consumption by Regions (2015-2020)
Table Global Energy Storage Technology Consumption Market Share by Regions (2015-2020)
Figure Global Energy Storage Technology Consumption Market Share by Regions in 2019
Table Global Energy Storage Technology Export Top 3 Country 2019
Table Global Energy Storage Technology Import Top 3 Country 2019
Table United States Energy Storage Technology Export and Import (2015-2020)
Table Europe Energy Storage Technology Export and Import (2015-2020)
Table China Energy Storage Technology Export and Import (2015-2020)
Table Japan Energy Storage Technology Export and Import (2015-2020)
Table India Energy Storage Technology Export and Import (2015-2020)
Table Global Energy Storage Technology Production by Types (2015-2020)
Table Global Energy Storage Technology Production Market Share by Types (2015-2020)
Figure Global Energy Storage Technology Production Share by Type (2015-2020)
Table Global Energy Storage Technology Value by Types (2015-2020)
Table Global Energy Storage Technology Value Market Share by Types (2015-2020)
Figure Global Energy Storage Technology Value Share by Type (2015-2020)
Figure Global Pumped Hydro Storage Production and Growth Rate (2015-2020)
Figure Global Pumped Hydro Storage Price (2015-2020)
Figure Global Compressed Air Production and Growth Rate (2015-2020)
Figure Global Compressed Air Price (2015-2020)
Figure Global Sodium Sulphur Production and Growth Rate (2015-2020)
Figure Global Sodium Sulphur Price (2015-2020)
Figure Global Lithium Production and Growth Rate (2015-2020)
Figure Global Lithium Price (2015-2020)
Figure Global Lead Acid Production and Growth Rate (2015-2020)
Figure Global Lead Acid Price (2015-2020)
Figure Global Nickel Cadmium Production and Growth Rate (2015-2020)
Figure Global Nickel Cadmium Price (2015-2020)
Figure Global Flywheel Production and Growth Rate (2015-2020)
Figure Global Flywheel Price (2015-2020)
Figure Global Redox-Flow Production and Growth Rate (2015-2020)
Figure Global Redox-Flow Price (2015-2020)
Table Global Energy Storage Technology Consumption by Applications (2015-2020)
Table Global Energy Storage Technology Consumption Market Share by Applications (2015-2020)
Figure Global Energy Storage Technology Consumption Share by Application (2015-2020)
Figure Global Residential Consumption and Growth Rate (2015-2020)
Figure Global Non-Residential Consumption and Growth Rate (2015-2020)
Figure Global Utility Consumption and Growth Rate (2015-2020)
Figure North America Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Table North America Energy Storage Technology Consumption by Countries (2015-2020)
Table North America Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure North America Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure United States Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Canada Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Mexico Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Table Europe Energy Storage Technology Consumption by Countries (2015-2020)
Table Europe Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure Europe Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure Germany Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure France Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Italy Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Spain Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Energy Storage Technology Consumption by Countries (2015-2020)
Table Asia-Pacific Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure China Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Japan Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure South Korea Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure India Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Energy Storage Technology Consumption by Countries (2015-2020)
Table Middle East and Africa Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure UAE Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure South Africa Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Figure South America Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Table South America Energy Storage Technology Consumption by Countries (2015-2020)
Table South America Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure South America Energy Storage Technology Consumption Market Share by Countries (2015-2020)
Figure Brazil Energy Storage Technology Market Consumption and Growth Rate (2015-2020)
Table GS Yuasa Corporation Company Profile
Table GS Yuasa Corporation Production, Value, Price, Gross Margin 2015-2020
Figure GS Yuasa Corporation Production and Growth Rate
Figure GS Yuasa Corporation Value ($) Market Share 2015-2020
Table Johnson Controls International PLC Company Profile
Table Johnson Controls International PLC Production, Value, Price, Gross Margin 2015-2020
Figure Johnson Controls International PLC Production and Growth Rate
Figure Johnson Controls International PLC Value ($) Market Share 2015-2020
Table Contemporary Amperex Technology Co. Limited Company Profile
Table Contemporary Amperex Technology Co. Limited Production, Value, Price, Gross Margin 2015-2020
Figure Contemporary Amperex Technology Co. Limited Production and Growth Rate
Figure Contemporary Amperex Technology Co. Limited Value ($) Market Share 2015-2020
Table UNIENERGY TECHNOLOGIES LLC Company Profile
Table UNIENERGY TECHNOLOGIES LLC Production, Value, Price, Gross Margin 2015-2020
Figure UNIENERGY TECHNOLOGIES LLC Production and Growth Rate
Figure UNIENERGY TECHNOLOGIES LLC Value ($) Market Share 2015-2020
Table BYD Co. Ltd Company Profile
Table BYD Co. Ltd Production, Value, Price, Gross Margin 2015-2020
Figure BYD Co. Ltd Production and Growth Rate
Figure BYD Co. Ltd Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Energy Storage Technology Market Forecast Production by Types (2020-2025)
Table Global Energy Storage Technology Market Forecast Production Share by Types (2020-2025)
Table Global Energy Storage Technology Market Forecast Value ($) by Types (2020-2025)
Table Global Energy Storage Technology Market Forecast Value Share by Types (2020-2025)
Table Global Energy Storage Technology Market Forecast Consumption by Applications (2020-2025)
Table Global Energy Storage Technology Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Energy Storage Technology 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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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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