Global Grid-Scale Battery Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
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This report aims to provide a comprehensive presentation of the global market for Grid-Scale Battery, with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grid-Scale Battery.
The Grid-Scale Battery market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Grid-Scale Battery market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Grid-Scale Battery manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
The global Grid-Scale Battery market size in 2022 is 1820.0 million US dollars, and it is expected to be 13468.5 million US dollars by 2029, with a compound annual growth rate of 33.10% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Grid-Scale Battery market include ABB Ltd., Hitachi Energy Ltd., Sumitomo Electric Industries, Ltd., LG Energy Solution, and Leclanche SA. The share of the top 3 players in the Grid-Scale Battery market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Grid-Scale Battery market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Lithium-Ion Battery accounted for XX% of Grid-Scale Battery market in 2022. Lead Acid Battery share of XX%.
Renewables accounted for XX% of the Grid-Scale Battery market in 2022. Peak Shifting accounts for XX%.
Chapter Outline
Chapter 1: Introduces the product overview, and global Grid-Scale Battery market status and forecast by region.
Chapters 2-3: Segmented the global Grid-Scale Battery market by type, and application. Analyze the revenue of market segments from different perspectives.
Chapter 4: Analysis of the competitive environment of Grid-Scale Battery market participants. This mainly includes the revenue and market share of the top players, along with the players' M&A and expansion in recent years.
Chapters 5-9: Provide North America, Europe, Asia-Pacific, Latin America and Middle East & Africa Grid-Scale Battery market country segmentation data.
Chapter 10: Analyzes the main companies in the Grid-Scale Battery industry, including their main businesses, products/services, revenue, gross margin, and the latest developments.
Chapter 11: Introduces the market dynamics, the trends factors and drivers factors of the market, and the challenges and restraints faced by manufacturers in the industry.
Chapter 12: The main points and conclusions of the report.
Chapter 13: Concludes with an explanation of the data sources and research methods.
Highlights-Regions
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria
Player list
ABB Ltd.
Hitachi Energy Ltd.
Sumitomo Electric Industries, Ltd.
LG Energy Solution
Leclanche SA
Types list
Lithium-Ion Battery
Lead Acid Battery
Flow Battery
Sodium-Ion Battery
Zinc Hybrid
Others
Application list
Renewables
Peak Shifting
Ancillary Services
Backup Power
Others
Table of Content
1 Grid-Scale Battery Market Overview
1.1 Grid-Scale Battery Product Overview
1.1.1 Grid-Scale Battery Product Scope
1.1.2 Grid-Scale Battery Market Status and Outlook
1.2 Global Grid-Scale Battery Market Size Overview by Region 2018 VS 2022VS 2029
1.3 Global Grid-Scale Battery Market Size by Region (2018-2029)
1.4 Global Grid-Scale Battery Historic Market Size by Region (2018-2023)
1.5 Global Grid-Scale Battery Market Size Forecast by Region (2023-2029)
1.6 Key Regions, Grid-Scale Battery Market Size (2018-2029)
1.6.1 North America Grid-Scale Battery Market Size (2018-2029)
1.6.2 Europe Grid-Scale Battery Market Size (2018-2029)
1.6.3 Asia-Pacific Grid-Scale Battery Market Size (2018-2029)
1.6.4 Latin America Grid-Scale Battery Market Size (2018-2029)
1.6.5 Middle East & Africa Grid-Scale Battery Market Size (2018-2029)
2 Grid-Scale Battery Market Overview by Type
2.3 Global Grid-Scale Battery Market Size by Type: 2018 VS 2022 VS 2029
2.4 Global Grid-Scale Battery Historic Market Size by Type (2018-2023)
2.5 Global Grid-Scale Battery Forecasted Market Size by Type (2023-2029)
2.6 Key Regions Market Size Segment by Type (2018-2029)
2.6.1 North America Grid-Scale Battery Market Size Breakdown by Type (2018-2029)
2.6.2 Europe Grid-Scale Battery Market Size Breakdown by Type
2.6.3 Asia-Pacific Grid-Scale Battery Market Size Breakdown by Type
2.6.4 Latin America Grid-Scale Battery Market Size Breakdown by Type
2.6.5 Middle East and Africa Grid-Scale Battery Market Size Breakdown by Type
3 Grid-Scale Battery Market Overview by Application
3.3 Global Grid-Scale Battery Market Size by Application: 2018 VS 2022 VS 2029
3.4 Global Grid-Scale Battery Historic Market Size by Application (2018-2023)
3.5 Global Grid-Scale Battery Forecasted Market Size by Application (2023-2029)
3.6 Key Regions Market Size Segment by Application (2018-2029)
3.6.1 North America Grid-Scale Battery Market Size Breakdown by Application (2018-2029)
3.6.2 Europe Grid-Scale Battery Market Size Breakdown by Application
3.6.3 Asia-Pacific Grid-Scale Battery Market Size Breakdown by Application
3.6.4 Latin America Grid-Scale Battery Market Size Breakdown by Application
3.6.5 Middle East and Africa Grid-Scale Battery Market Size Breakdown by Application
4 Grid-Scale Battery Competition Analysis by Players
4.1 Global Grid-Scale Battery Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Grid-Scale Battery as of 2022)
4.3 Date of Key Players Enter into Grid-Scale Battery Market
4.4 Global Top Players Grid-Scale Battery Headquarters and Area Served
4.5 Key Players Grid-Scale Battery Product Solution and Service
4.6 Competitive Status
4.6.1 Grid-Scale Battery Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 North America Grid-Scale Battery Market Segment by Country
5.1 North America Grid-Scale Battery Market Size by Country (2018-2029)
5.2 United States
5.3 Canada
6 Europe Grid-Scale Battery Market Segment by Country
6.1 Europe Grid-Scale Battery Market Size by Country (2018-2029)
6.2 Germany
6.3 France
6.4 U.K.
6.5 Italy
6.6 Russia
6.7 Nordic
6.8 Rest of Europe
7 Asia-Pacific Grid-Scale Battery Market Segment by Country
7.1 Asia-Pacific Grid-Scale Battery Market Size by Region (2018-2029)
7.2 China
7.3 Japan
7.4 South Korea
7.5 Southeast Asia
7.6 India
7.7 Australia
7.8 Rest of Asia-Pacific
8 Latin America Grid-Scale Battery Market Segment by Country
8.1 Latin America Grid-Scale Battery Market Size by Country (2018-2029)
8.2 Mexico
8.3 Brazil
8.4 Rest of Latin America
9 Middle East and Africa Grid-Scale Battery Market Segment by Country
9.1 Middle East & Africa Grid-Scale Battery Market Size by Country (2018-2029)
9.2 Turkey
9.3 Saudi Arabia
9.4 UAE
9.5 Rest of Middle East & Africa
10 Manufacturers Profiles
10.1 ABB Ltd.
10.1.1 ABB Ltd. Information
10.1.2 Business Overview
10.1.3 ABB Ltd. Grid-Scale Battery Revenue, Gross Margin
10.1.4 Grid-Scale Battery Products Offered
10.1.5 ABB Ltd. Recent Development
10.2 Hitachi Energy Ltd.
10.2.1 Hitachi Energy Ltd. Information
10.2.2 Business Overview
10.2.3 Hitachi Energy Ltd. Grid-Scale Battery Revenue, Gross Margin
10.2.4 Grid-Scale Battery Products Offered
10.2.5 Hitachi Energy Ltd. Recent Development
10.3 Sumitomo Electric Industries, Ltd.
10.3.1 Sumitomo Electric Industries, Ltd. Information
10.3.2 Business Overview
10.3.3 Sumitomo Electric Industries, Ltd. Grid-Scale Battery Revenue, Gross Margin
10.3.4 Grid-Scale Battery Products Offered
10.3.5 Sumitomo Electric Industries, Ltd. Recent Development
10.4 LG Energy Solution
10.4.1 LG Energy Solution Information
10.4.2 Business Overview
10.4.3 LG Energy Solution Grid-Scale Battery Revenue, Gross Margin
10.4.4 Grid-Scale Battery Products Offered
10.4.5 LG Energy Solution Recent Development
10.5 Leclanche SA
10.5.1 Leclanche SA Information
10.5.2 Business Overview
10.5.3 Leclanche SA Grid-Scale Battery Revenue, Gross Margin
10.5.4 Grid-Scale Battery Products Offered
10.5.5 Leclanche SA Recent Development
11 Grid-Scale Battery Market Dynamics
11.1 Grid-Scale Battery Industry Trends
11.2 Grid-Scale Battery Growth Drivers
11.3 Grid-Scale Battery Market Challenges
11.4 Grid-Scale Battery Market Restraints
12 Research Findings and Conclusion
13 Methodology and Data Source
13.1 A Methodology
13.1.1 Research Process
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 B Data Source
13.2.1 Legal Disclaimer
Tables & Figures:
List of Tables and Figures
Table Global Grid-Scale Battery Market Size Overview by Region 2018 VS 2022VS 2029
Table Global Grid-Scale Battery Market Size by Region (2018-2029)
Table Global Grid-Scale Battery Market Size by Region (2018-2023)
Table Global Grid-Scale Battery Market Size by Region (2023-2029)
Figure North America Grid-Scale Battery Market Size (US$ Million) Growth Rate (2018-2029)
Figure Europe Grid-Scale Battery Market Size (US$ Million) Growth Rate (2018-2029)
Figure Asia-Pacific Grid-Scale Battery Market Size (US$ Million) Growth Rate (2018-2029)
Figure Latin America Grid-Scale Battery Market Size (US$ Million) Growth Rate (2018-2029)
Figure Middle East & Africa Grid-Scale Battery Market Size (US$ Million) Growth Rate (2018-2029)
Table Global Grid-Scale Battery Market Size by Type: 2018 VS 2022 VS 2029
Table Global Grid-Scale Battery Historic Market Size by Type (2018-2023)
Table Global Grid-Scale Battery Forecasted Market Size by Type (2023-2029)
Table North America Grid-Scale Battery Market Size Breakdown in Value, by Type
Table Europe Grid-Scale Battery Market Size Breakdown in Value, by Type
Table Asia-Pacific Grid-Scale Battery Market Size Breakdown in Value, by Type
Table Latin America Grid-Scale Battery Market Size Breakdown in Value, by Type
Table Middle East and Africa Grid-Scale Battery Market Size Breakdown in Value, by Type
Table Global Grid-Scale Battery Market Size by Application: 2018 VS 2022 VS 2029
Table Global Grid-Scale Battery Historic Market Size by Application (2018-2023)
Table Global Grid-Scale Battery Forecasted Market Size by Application (2023-2029)
Table North America Grid-Scale Battery Market Size Breakdown in Value, by Application
Table Europe Grid-Scale Battery Market Size Breakdown in Value, by Application
Table Asia-Pacific Grid-Scale Battery Market Size Breakdown in Value, by Application
Table Latin America Grid-Scale Battery Market Size Breakdown in Value, by Application
Table Middle East and Africa Grid-Scale Battery Market Size Breakdown in Value, by Application
Table Global Grid-Scale Battery Market Size by Players (2018-2023)
Table Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Grid-Scale Battery as of 2022)
Table Date of Key Players Enter into Grid-Scale Battery Market
Table Global Top Players Grid-Scale Battery Headquarters and Area Served
Table Key Players Grid-Scale Battery Product Solution and Service
Table Grid-Scale Battery Market Concentration Rate
Table Mergers & Acquisitions, Expansion Plans
Table North America Grid-Scale Battery Market Size by Country (2018-2029)
Figure United States Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Canada Grid-Scale Battery Market Size and Growth Rate 2018-2029
Table Europe Grid-Scale Battery Market Size by Country (2018-2029)
Figure Germany Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure France Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure U.K.Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Italy Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Russia Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Nordic Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Rest of Europe Grid-Scale Battery Market Size and Growth Rate 2018-2029
Table Asia-Pacific Grid-Scale Battery Market Size by Country (2018-2029)
Figure China Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Japan Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure South Korea Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Southeast Asia Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure India Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Australia Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Rest of Asia-Pacific Grid-Scale Battery Market Size and Growth Rate 2018-2029
Table Latin America Grid-Scale Battery Market Size by Country (2018-2029)
Figure Mexico Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Brazil Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Rest of Latin America Grid-Scale Battery Market Size and Growth Rate 2018-2029
Table Middle East & Africa Grid-Scale Battery Market Size by Country (2018-2029)
Figure Turkey Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Saudi Arabia Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure UAE Grid-Scale Battery Market Size and Growth Rate 2018-2029
Figure Rest of Middle East & Africa Grid-Scale Battery Market Size and Growth Rate 2018-2029
Table ABB Ltd. Basic Information
Table ABB Ltd. Grid-Scale Battery Revenue, Gross Margin (2018-2023)
Figure ABB Ltd. Revenue Market Share 2018-2023
Table Grid-Scale Battery Products Offered
Table ABB Ltd. Recent Development
Table Hitachi Energy Ltd. Basic Information
Table Hitachi Energy Ltd. Grid-Scale Battery Revenue, Gross Margin (2018-2023)
Figure Hitachi Energy Ltd. Revenue Market Share 2018-2023
Table Grid-Scale Battery Products Offered
Table Hitachi Energy Ltd. Recent Development
Table Sumitomo Electric Industries, Ltd. Basic Information
Table Sumitomo Electric Industries, Ltd. Grid-Scale Battery Revenue, Gross Margin (2018-2023)
Figure Sumitomo Electric Industries, Ltd. Revenue Market Share 2018-2023
Table Grid-Scale Battery Products Offered
Table Sumitomo Electric Industries, Ltd. Recent Development
Table LG Energy Solution Basic Information
Table LG Energy Solution Grid-Scale Battery Revenue, Gross Margin (2018-2023)
Figure LG Energy Solution Revenue Market Share 2018-2023
Table Grid-Scale Battery Products Offered
Table LG Energy Solution Recent Development
Table Leclanche SA Basic Information
Table Leclanche SA Grid-Scale Battery Revenue, Gross Margin (2018-2023)
Figure Leclanche SA Revenue Market Share 2018-2023
Table Grid-Scale Battery Products Offered
Table Leclanche SA Recent Development
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
Research Methodology:
Global Grid Scale Battery 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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