The global On-Grid Battery Energy Storage System market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 110%.
Report includes an overview of the development of the On-Grid Battery Energy Storage System industry chain, the market status of Residential (Lithium-Ion, Lead Acid), Utility & Commercial (Lithium-Ion, Lead Acid), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of On-Grid Battery Energy Storage System.
Regionally, the report analyzes the On-Grid Battery Energy Storage System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global On-Grid Battery Energy Storage System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the On-Grid Battery Energy Storage System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the On-Grid Battery Energy Storage System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Lithium-Ion, Lead Acid).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the On-Grid Battery Energy Storage System market.
Regional Analysis: The report involves examining the On-Grid Battery Energy Storage System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the On-Grid Battery Energy Storage System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to On-Grid Battery Energy Storage System:
Company Analysis: Report covers individual On-Grid Battery Energy Storage System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards On-Grid Battery Energy Storage System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Utility & Commercial).
Technology Analysis: Report covers specific technologies relevant to On-Grid Battery Energy Storage System. It assesses the current state, advancements, and potential future developments in On-Grid Battery Energy Storage System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the On-Grid Battery Energy Storage System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
On-Grid Battery Energy Storage System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Lithium-Ion
Lead Acid
Other
Market segment by Application
Residential
Utility & Commercial
Market segment by players, this report covers
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LSIS
SMA Solar Technology
NGK
General Electric
Primus Power
Panasonic
BYD
Younicos
ABB
Saft
Lockheed Martin Energy
Eos Energy Storage
Con Edison Solutions
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe On-Grid Battery Energy Storage System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of On-Grid Battery Energy Storage System, with revenue, gross margin and global market share of On-Grid Battery Energy Storage System from 2019 to 2024.
Chapter 3, the On-Grid Battery Energy Storage System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and On-Grid Battery Energy Storage System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of On-Grid Battery Energy Storage System.
Chapter 13, to describe On-Grid Battery Energy Storage System research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope of On-Grid Battery Energy Storage System
1.2 Market Estimation Caveats and Base Year
1.3 Classification of On-Grid Battery Energy Storage System by Type
1.3.1 Overview: Global On-Grid Battery Energy Storage System Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global On-Grid Battery Energy Storage System Consumption Value Market Share by Type in 2023
1.3.3 Lithium-Ion
1.3.4 Lead Acid
1.3.5 Other
1.4 Global On-Grid Battery Energy Storage System Market by Application
1.4.1 Overview: Global On-Grid Battery Energy Storage System Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Residential
1.4.3 Utility & Commercial
1.5 Global On-Grid Battery Energy Storage System Market Size & Forecast
1.6 Global On-Grid Battery Energy Storage System Market Size and Forecast by Region
1.6.1 Global On-Grid Battery Energy Storage System Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global On-Grid Battery Energy Storage System Market Size by Region, (2019-2030)
1.6.3 North America On-Grid Battery Energy Storage System Market Size and Prospect (2019-2030)
1.6.4 Europe On-Grid Battery Energy Storage System Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific On-Grid Battery Energy Storage System Market Size and Prospect (2019-2030)
1.6.6 South America On-Grid Battery Energy Storage System Market Size and Prospect (2019-2030)
1.6.7 Middle East and Africa On-Grid Battery Energy Storage System Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 Samsung SDI
2.1.1 Samsung SDI Details
2.1.2 Samsung SDI Major Business
2.1.3 Samsung SDI On-Grid Battery Energy Storage System Product and Solutions
2.1.4 Samsung SDI On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Samsung SDI Recent Developments and Future Plans
2.2 LG Chem
2.2.1 LG Chem Details
2.2.2 LG Chem Major Business
2.2.3 LG Chem On-Grid Battery Energy Storage System Product and Solutions
2.2.4 LG Chem On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 LG Chem Recent Developments and Future Plans
2.3 Fluence
2.3.1 Fluence Details
2.3.2 Fluence Major Business
2.3.3 Fluence On-Grid Battery Energy Storage System Product and Solutions
2.3.4 Fluence On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Fluence Recent Developments and Future Plans
2.4 Hitachi
2.4.1 Hitachi Details
2.4.2 Hitachi Major Business
2.4.3 Hitachi On-Grid Battery Energy Storage System Product and Solutions
2.4.4 Hitachi On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Hitachi Recent Developments and Future Plans
2.5 Kokam
2.5.1 Kokam Details
2.5.2 Kokam Major Business
2.5.3 Kokam On-Grid Battery Energy Storage System Product and Solutions
2.5.4 Kokam On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Kokam Recent Developments and Future Plans
2.6 LSIS
2.6.1 LSIS Details
2.6.2 LSIS Major Business
2.6.3 LSIS On-Grid Battery Energy Storage System Product and Solutions
2.6.4 LSIS On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 LSIS Recent Developments and Future Plans
2.7 SMA Solar Technology
2.7.1 SMA Solar Technology Details
2.7.2 SMA Solar Technology Major Business
2.7.3 SMA Solar Technology On-Grid Battery Energy Storage System Product and Solutions
2.7.4 SMA Solar Technology On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 SMA Solar Technology Recent Developments and Future Plans
2.8 NGK
2.8.1 NGK Details
2.8.2 NGK Major Business
2.8.3 NGK On-Grid Battery Energy Storage System Product and Solutions
2.8.4 NGK On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 NGK Recent Developments and Future Plans
2.9 General Electric
2.9.1 General Electric Details
2.9.2 General Electric Major Business
2.9.3 General Electric On-Grid Battery Energy Storage System Product and Solutions
2.9.4 General Electric On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 General Electric Recent Developments and Future Plans
2.10 Primus Power
2.10.1 Primus Power Details
2.10.2 Primus Power Major Business
2.10.3 Primus Power On-Grid Battery Energy Storage System Product and Solutions
2.10.4 Primus Power On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Primus Power Recent Developments and Future Plans
2.11 Panasonic
2.11.1 Panasonic Details
2.11.2 Panasonic Major Business
2.11.3 Panasonic On-Grid Battery Energy Storage System Product and Solutions
2.11.4 Panasonic On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Panasonic Recent Developments and Future Plans
2.12 BYD
2.12.1 BYD Details
2.12.2 BYD Major Business
2.12.3 BYD On-Grid Battery Energy Storage System Product and Solutions
2.12.4 BYD On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 BYD Recent Developments and Future Plans
2.13 Younicos
2.13.1 Younicos Details
2.13.2 Younicos Major Business
2.13.3 Younicos On-Grid Battery Energy Storage System Product and Solutions
2.13.4 Younicos On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Younicos Recent Developments and Future Plans
2.14 ABB
2.14.1 ABB Details
2.14.2 ABB Major Business
2.14.3 ABB On-Grid Battery Energy Storage System Product and Solutions
2.14.4 ABB On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 ABB Recent Developments and Future Plans
2.15 Saft
2.15.1 Saft Details
2.15.2 Saft Major Business
2.15.3 Saft On-Grid Battery Energy Storage System Product and Solutions
2.15.4 Saft On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 Saft Recent Developments and Future Plans
2.16 Lockheed Martin Energy
2.16.1 Lockheed Martin Energy Details
2.16.2 Lockheed Martin Energy Major Business
2.16.3 Lockheed Martin Energy On-Grid Battery Energy Storage System Product and Solutions
2.16.4 Lockheed Martin Energy On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 Lockheed Martin Energy Recent Developments and Future Plans
2.17 Eos Energy Storage
2.17.1 Eos Energy Storage Details
2.17.2 Eos Energy Storage Major Business
2.17.3 Eos Energy Storage On-Grid Battery Energy Storage System Product and Solutions
2.17.4 Eos Energy Storage On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.17.5 Eos Energy Storage Recent Developments and Future Plans
2.18 Con Edison Solutions
2.18.1 Con Edison Solutions Details
2.18.2 Con Edison Solutions Major Business
2.18.3 Con Edison Solutions On-Grid Battery Energy Storage System Product and Solutions
2.18.4 Con Edison Solutions On-Grid Battery Energy Storage System Revenue, Gross Margin and Market Share (2019-2024)
2.18.5 Con Edison Solutions Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global On-Grid Battery Energy Storage System Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of On-Grid Battery Energy Storage System by Company Revenue
3.2.2 Top 3 On-Grid Battery Energy Storage System Players Market Share in 2023
3.2.3 Top 6 On-Grid Battery Energy Storage System Players Market Share in 2023
3.3 On-Grid Battery Energy Storage System Market: Overall Company Footprint Analysis
3.3.1 On-Grid Battery Energy Storage System Market: Region Footprint
3.3.2 On-Grid Battery Energy Storage System Market: Company Product Type Footprint
3.3.3 On-Grid Battery Energy Storage System Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global On-Grid Battery Energy Storage System Consumption Value and Market Share by Type (2019-2024)
4.2 Global On-Grid Battery Energy Storage System Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global On-Grid Battery Energy Storage System Consumption Value Market Share by Application (2019-2024)
5.2 Global On-Grid Battery Energy Storage System Market Forecast by Application (2025-2030)
6 North America
6.1 North America On-Grid Battery Energy Storage System Consumption Value by Type (2019-2030)
6.2 North America On-Grid Battery Energy Storage System Consumption Value by Application (2019-2030)
6.3 North America On-Grid Battery Energy Storage System Market Size by Country
6.3.1 North America On-Grid Battery Energy Storage System Consumption Value by Country (2019-2030)
6.3.2 United States On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
6.3.3 Canada On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
6.3.4 Mexico On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe On-Grid Battery Energy Storage System Consumption Value by Type (2019-2030)
7.2 Europe On-Grid Battery Energy Storage System Consumption Value by Application (2019-2030)
7.3 Europe On-Grid Battery Energy Storage System Market Size by Country
7.3.1 Europe On-Grid Battery Energy Storage System Consumption Value by Country (2019-2030)
7.3.2 Germany On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
7.3.3 France On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
7.3.4 United Kingdom On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
7.3.5 Russia On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
7.3.6 Italy On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific On-Grid Battery Energy Storage System Consumption Value by Type (2019-2030)
8.2 Asia-Pacific On-Grid Battery Energy Storage System Consumption Value by Application (2019-2030)
8.3 Asia-Pacific On-Grid Battery Energy Storage System Market Size by Region
8.3.1 Asia-Pacific On-Grid Battery Energy Storage System Consumption Value by Region (2019-2030)
8.3.2 China On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
8.3.3 Japan On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
8.3.4 South Korea On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
8.3.5 India On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
8.3.7 Australia On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
9 South America
9.1 South America On-Grid Battery Energy Storage System Consumption Value by Type (2019-2030)
9.2 South America On-Grid Battery Energy Storage System Consumption Value by Application (2019-2030)
9.3 South America On-Grid Battery Energy Storage System Market Size by Country
9.3.1 South America On-Grid Battery Energy Storage System Consumption Value by Country (2019-2030)
9.3.2 Brazil On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
9.3.3 Argentina On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa On-Grid Battery Energy Storage System Consumption Value by Type (2019-2030)
10.2 Middle East & Africa On-Grid Battery Energy Storage System Consumption Value by Application (2019-2030)
10.3 Middle East & Africa On-Grid Battery Energy Storage System Market Size by Country
10.3.1 Middle East & Africa On-Grid Battery Energy Storage System Consumption Value by Country (2019-2030)
10.3.2 Turkey On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
10.3.4 UAE On-Grid Battery Energy Storage System Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 On-Grid Battery Energy Storage System Market Drivers
11.2 On-Grid Battery Energy Storage System Market Restraints
11.3 On-Grid Battery Energy Storage System Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 On-Grid Battery Energy Storage System Industry Chain
12.2 On-Grid Battery Energy Storage System Upstream Analysis
12.3 On-Grid Battery Energy Storage System Midstream Analysis
12.4 On-Grid Battery Energy Storage System Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LSIS
SMA Solar Technology
NGK
General Electric
Primus Power
Panasonic
BYD
Younicos
ABB
Saft
Lockheed Martin Energy
Eos Energy Storage
Con Edison Solutions
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听
*If Applicable.
