Battery Energy Storage Market Projections & Growth Status Analyzed during Report 2019-2025

Posted on 2019-10-25 by Mark Hub in Energy // 0 Comments

Albany, US, 2019-Oct-25 — /EPR Network/ —Market Research Hub (MRH) has actively discoursed a new study titled “Global (United States, European Union and China) Battery Energy Storage Market Research Report 2019-2025”, added to its vast online repository. The main motive of this assessment is to present clear insights about the growth factor experienced across the Battery Energy Storage Market during the forecast period. Readers can access vital information associated to prime market facets such as market size, market share, market drivers, future trends, challenges, opportunities and sales channels. Furthermore, the availability of competitive developments including leading market players make the report a rich data source for investors and new entrants.

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The lithium-ion batteries have a long lifespan of 510 years, and up to 98% efficiency (i.e., only 2% of electrical charge is lost during use). The lithium-ion batteries have very high energy and power densities, which leads to lower weight with low standby losses, and high life expectancy. Lithium-ion batteries continue to hold a large size of the battery energy storage system market owing to its features such as high energy density, self-discharge capability, low maintenance requirement, less weight, and high life expectancy. Battery energy storage system is well suited for smoothing the variable output of renewables and controlling the rapid ramping up and down of solar as well as wind generation. The grid operators and regulators are aware of the importance of battery energy storage systems and their ability to cater through multiple services. The utility operators are using these systems in their resource planning processes, which reduces the system costs and increases storage capacity.

The major drivers for the growth of the market include the increasing demand for grid-connected solutions, high demand for the lithium-ion technology in the renewable energy industry, and declining prices of lithium-ion batteries. However, the factors such as the installation of battery energy storage systems in remote locations pose a challenge for the players in the market. the Americas dominated the battery energy storage market for smart grid and accounted for around 60% of the total market share. Much of the regions growth can be attributed to the increasing use of smart grids and the increasing need for energy storage for distributed systems. The governmental support across different countries in the region and the growing investments in the development and deployment of integrated smart grid systems is expected to drive the demand for smart energy in the region in the coming years.

In 2019, the market size of Battery Energy Storage is 1520 million US$ and it will reach 14900 million US$ in 2025, growing at a CAGR of 33.0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Battery Energy Storage.

This report studies the global market size of Battery Energy Storage, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Battery Energy Storage production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. History breakdown data from 2014 to 2019, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.

In global market, the following companies are covered:
Siemens
ABB
Samsung SDI
Bosch
BYD
…

Market Segment by Product Type
Li-Ion Batteries
Lead-Acid Batteries
Sodium Sulfur Batteries

Market Segment by Application
Residential
Non-Residential
Utilities
Others

Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)

Browse Complete Report @ https://www.marketresearchhub.com/report/global-united-states-european-union-and-china-battery-energy-storage-market-research-report-2019-2025-report.html

Table of Contents

1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Battery Energy Storage Market Size Growth Rate by Type (2019-2025)
1.3.2 Li-Ion Batteries
1.3.3 Lead-Acid Batteries
1.3.4 Sodium Sulfur Batteries
1.4 Market Segment by Application
1.4.1 Global Battery Energy Storage Market Share by Application (2019-2025)
1.4.2 Residential
1.4.3 Non-Residential
1.4.4 Utilities
1.4.5 Others
1.5 Study Objectives
1.6 Years Considered

2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Battery Energy Storage Production Value 2014-2025
2.1.2 Global Battery Energy Storage Production 2014-2025
2.1.3 Global Battery Energy Storage Capacity 2014-2025
2.1.4 Global Battery Energy Storage Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2019-2025
2.2.1 Global Battery Energy Storage Market Size CAGR of Key Regions
2.2.2 Global Battery Energy Storage Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers

3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Battery Energy Storage Capacity by Manufacturers
3.1.2 Global Battery Energy Storage Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Battery Energy Storage Revenue by Manufacturers (2014-2019)
3.2.2 Battery Energy Storage Revenue Share by Manufacturers (2014-2019)
3.2.3 Global Battery Energy Storage Market Concentration Ratio (CR5 and HHI)
3.3 Battery Energy Storage Price by Manufacturers
3.4 Key Manufacturers Battery Energy Storage Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Battery Energy Storage Market
3.6 Key Manufacturers Battery Energy Storage Product Offered
3.7 Mergers & Acquisitions, Expansion Plans

4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Li-Ion Batteries Production and Production Value (2014-2019)
4.1.2 Lead-Acid Batteries Production and Production Value (2014-2019)
4.1.3 Sodium Sulfur Batteries Production and Production Value (2014-2019)
4.2 Global Battery Energy Storage Production Market Share by Type
4.3 Global Battery Energy Storage Production Value Market Share by Type
4.4 Battery Energy Storage Ex-factory Price by Type

5 Market Size by Application
5.1 Overview
5.2 Global Battery Energy Storage Consumption by Application

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