Owing to the growing consumption of power across the globe, there is a greater need for energy storage as distributed generation. Distributed generation produces power close to the areas where it is consumed so that the distance is reduced, resulting in less transmission and distribution losses. Distributed Energy Resources (DER) will be increasingly used to meet the future electricity demands for residential and industrial customers, utilities and commercial customers. The growing requirement to mitigate the power transmission and distribution losses will propel the demand for distributed generation during the forecast period.
The global Battery Energy Storage Systems for Smart Grid market is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Key factors such as the aging power infrastructure, need for mitigation of cybersecurity risks and accumulation of new resources to the grid has propelled the grid manufacturing companies to opt for ways to make the grid reliable, protect it against cybersecurity, and increase flexibility to make rapid changes according to supply and demand conditions. Many utilities are implementing smart grids that use digital and IT systems to manage the power flow efficiently and effectively. The Americas dominated the battery energy storage market for smart grid and accounted for most of the total market share. Much of the region鈥檚 growth can be attributed to the increasing use of smart grids and the increasing need for energy storage for distributed systems.
In terms of production side, this report researches the Battery Energy Storage Systems for Smart Grid production, growth rate, market share by manufacturers and by region (region level and country level), from 2018 to 2023, and forecast to 2029.
In terms of consumption side, this report focuses on the sales of Battery Energy Storage Systems for Smart Grid by region (region level and country level), by company, by Type and by Application. from 2018 to 2023 and forecast to 2029.
Report Includes:
This report presents an overview of global market for Battery Energy Storage Systems for Smart Grid, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Battery Energy Storage Systems for Smart Grid, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Battery Energy Storage Systems for Smart Grid, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Battery Energy Storage Systems for Smart Grid sales, revenue, market share and industry ranking of main manufacturers, data from 2018 to 2023. Identification of the major stakeholders in the global Battery Energy Storage Systems for Smart Grid market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2018 to 2029. Evaluation and forecast the market size for Battery Energy Storage Systems for Smart Grid sales, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Siemens, ABB, Samsung SDI, GEAlstom, A123, Bosch, BYD, AES Energy Storage and LG Chem, etc.
By Company
Siemens
ABB
Samsung SDI
GEAlstom
A123
Bosch
BYD
AES Energy Storage
LG Chem
Segment by Type
Secondary Batteries
Flow Batteries
Others
Segment by Application
Energy Management
Backup Power
Voltage Support
Load Leveling
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Middle East, Africa, Latin America
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Battery Energy Storage Systems for Smart Grid production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Battery Energy Storage Systems for Smart Grid in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 4: Detailed analysis of Battery Energy Storage Systems for Smart Grid manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by type, by application and by country, sales and revenue for each segment.
Chapter 8: Europe by type, by application and by country, sales and revenue for each segment.
Chapter 9: China by type and by application sales and revenue for each segment.
Chapter 10: Asia (excluding China) by type, by application and by region, sales and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by type, by application and by country, sales and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Battery Energy Storage Systems for Smart Grid sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Study Coverage
1.1 Battery Energy Storage Systems for Smart Grid Product Introduction
1.2 Market by Type
1.2.1 Global Battery Energy Storage Systems for Smart Grid Market Size by Type, 2018 VS 2022 VS 2029
1.2.2 Secondary Batteries
1.2.3 Flow Batteries
1.2.4 Others
1.3 Market by Application
1.3.1 Global Battery Energy Storage Systems for Smart Grid Market Size by Application, 2018 VS 2022 VS 2029
1.3.2 Energy Management
1.3.3 Backup Power
1.3.4 Voltage Support
1.3.5 Load Leveling
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Battery Energy Storage Systems for Smart Grid Production
2.1 Global Battery Energy Storage Systems for Smart Grid Production Capacity (2018-2029)
2.2 Global Battery Energy Storage Systems for Smart Grid Production by Region: 2018 VS 2022 VS 2029
2.3 Global Battery Energy Storage Systems for Smart Grid Production by Region
2.3.1 Global Battery Energy Storage Systems for Smart Grid Historic Production by Region (2018-2023)
2.3.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Production by Region (2024-2029)
2.3.3 Global Battery Energy Storage Systems for Smart Grid Production Market Share by Region (2018-2029)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Battery Energy Storage Systems for Smart Grid Revenue Estimates and Forecasts 2018-2029
3.2 Global Battery Energy Storage Systems for Smart Grid Revenue by Region
3.2.1 Global Battery Energy Storage Systems for Smart Grid Revenue by Region: 2018 VS 2022 VS 2029
3.2.2 Global Battery Energy Storage Systems for Smart Grid Revenue by Region (2018-2023)
3.2.3 Global Battery Energy Storage Systems for Smart Grid Revenue by Region (2024-2029)
3.2.4 Global Battery Energy Storage Systems for Smart Grid Revenue Market Share by Region (2018-2029)
3.3 Global Battery Energy Storage Systems for Smart Grid Sales Estimates and Forecasts 2018-2029
3.4 Global Battery Energy Storage Systems for Smart Grid Sales by Region
3.4.1 Global Battery Energy Storage Systems for Smart Grid Sales by Region: 2018 VS 2022 VS 2029
3.4.2 Global Battery Energy Storage Systems for Smart Grid Sales by Region (2018-2023)
3.4.3 Global Battery Energy Storage Systems for Smart Grid Sales by Region (2024-2029)
3.4.4 Global Battery Energy Storage Systems for Smart Grid Sales Market Share by Region (2018-2029)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Battery Energy Storage Systems for Smart Grid Sales by Manufacturers
4.1.1 Global Battery Energy Storage Systems for Smart Grid Sales by Manufacturers (2018-2023)
4.1.2 Global Battery Energy Storage Systems for Smart Grid Sales Market Share by Manufacturers (2018-2023)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Battery Energy Storage Systems for Smart Grid in 2022
4.2 Global Battery Energy Storage Systems for Smart Grid Revenue by Manufacturers
4.2.1 Global Battery Energy Storage Systems for Smart Grid Revenue by Manufacturers (2018-2023)
4.2.2 Global Battery Energy Storage Systems for Smart Grid Revenue Market Share by Manufacturers (2018-2023)
4.2.3 Global Top 10 and Top 5 Companies by Battery Energy Storage Systems for Smart Grid Revenue in 2022
4.3 Global Battery Energy Storage Systems for Smart Grid Sales Price by Manufacturers
4.4 Global Key Players of Battery Energy Storage Systems for Smart Grid, Industry Ranking, 2021 VS 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Battery Energy Storage Systems for Smart Grid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Product Offered and Application
4.8 Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Battery Energy Storage Systems for Smart Grid Sales by Type
5.1.1 Global Battery Energy Storage Systems for Smart Grid Historical Sales by Type (2018-2023)
5.1.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Sales by Type (2024-2029)
5.1.3 Global Battery Energy Storage Systems for Smart Grid Sales Market Share by Type (2018-2029)
5.2 Global Battery Energy Storage Systems for Smart Grid Revenue by Type
5.2.1 Global Battery Energy Storage Systems for Smart Grid Historical Revenue by Type (2018-2023)
5.2.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Revenue by Type (2024-2029)
5.2.3 Global Battery Energy Storage Systems for Smart Grid Revenue Market Share by Type (2018-2029)
5.3 Global Battery Energy Storage Systems for Smart Grid Price by Type
5.3.1 Global Battery Energy Storage Systems for Smart Grid Price by Type (2018-2023)
5.3.2 Global Battery Energy Storage Systems for Smart Grid Price Forecast by Type (2024-2029)
6 Market Size by Application
6.1 Global Battery Energy Storage Systems for Smart Grid Sales by Application
6.1.1 Global Battery Energy Storage Systems for Smart Grid Historical Sales by Application (2018-2023)
6.1.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Sales by Application (2024-2029)
6.1.3 Global Battery Energy Storage Systems for Smart Grid Sales Market Share by Application (2018-2029)
6.2 Global Battery Energy Storage Systems for Smart Grid Revenue by Application
6.2.1 Global Battery Energy Storage Systems for Smart Grid Historical Revenue by Application (2018-2023)
6.2.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Revenue by Application (2024-2029)
6.2.3 Global Battery Energy Storage Systems for Smart Grid Revenue Market Share by Application (2018-2029)
6.3 Global Battery Energy Storage Systems for Smart Grid Price by Application
6.3.1 Global Battery Energy Storage Systems for Smart Grid Price by Application (2018-2023)
6.3.2 Global Battery Energy Storage Systems for Smart Grid Price Forecast by Application (2024-2029)
7 US & Canada
7.1 US & Canada Battery Energy Storage Systems for Smart Grid Market Size by Type
7.1.1 US & Canada Battery Energy Storage Systems for Smart Grid Sales by Type (2018-2029)
7.1.2 US & Canada Battery Energy Storage Systems for Smart Grid Revenue by Type (2018-2029)
7.2 US & Canada Battery Energy Storage Systems for Smart Grid Market Size by Application
7.2.1 US & Canada Battery Energy Storage Systems for Smart Grid Sales by Application (2018-2029)
7.2.2 US & Canada Battery Energy Storage Systems for Smart Grid Revenue by Application (2018-2029)
7.3 US & Canada Battery Energy Storage Systems for Smart Grid Sales by Country
7.3.1 US & Canada Battery Energy Storage Systems for Smart Grid Revenue by Country: 2018 VS 2022 VS 2029
7.3.2 US & Canada Battery Energy Storage Systems for Smart Grid Sales by Country (2018-2029)
7.3.3 US & Canada Battery Energy Storage Systems for Smart Grid Revenue by Country (2018-2029)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Battery Energy Storage Systems for Smart Grid Market Size by Type
8.1.1 Europe Battery Energy Storage Systems for Smart Grid Sales by Type (2018-2029)
8.1.2 Europe Battery Energy Storage Systems for Smart Grid Revenue by Type (2018-2029)
8.2 Europe Battery Energy Storage Systems for Smart Grid Market Size by Application
8.2.1 Europe Battery Energy Storage Systems for Smart Grid Sales by Application (2018-2029)
8.2.2 Europe Battery Energy Storage Systems for Smart Grid Revenue by Application (2018-2029)
8.3 Europe Battery Energy Storage Systems for Smart Grid Sales by Country
8.3.1 Europe Battery Energy Storage Systems for Smart Grid Revenue by Country: 2018 VS 2022 VS 2029
8.3.2 Europe Battery Energy Storage Systems for Smart Grid Sales by Country (2018-2029)
8.3.3 Europe Battery Energy Storage Systems for Smart Grid Revenue by Country (2018-2029)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Battery Energy Storage Systems for Smart Grid Market Size by Type
9.1.1 China Battery Energy Storage Systems for Smart Grid Sales by Type (2018-2029)
9.1.2 China Battery Energy Storage Systems for Smart Grid Revenue by Type (2018-2029)
9.2 China Battery Energy Storage Systems for Smart Grid Market Size by Application
9.2.1 China Battery Energy Storage Systems for Smart Grid Sales by Application (2018-2029)
9.2.2 China Battery Energy Storage Systems for Smart Grid Revenue by Application (2018-2029)
10 Asia (excluding China)
10.1 Asia Battery Energy Storage Systems for Smart Grid Market Size by Type
10.1.1 Asia Battery Energy Storage Systems for Smart Grid Sales by Type (2018-2029)
10.1.2 Asia Battery Energy Storage Systems for Smart Grid Revenue by Type (2018-2029)
10.2 Asia Battery Energy Storage Systems for Smart Grid Market Size by Application
10.2.1 Asia Battery Energy Storage Systems for Smart Grid Sales by Application (2018-2029)
10.2.2 Asia Battery Energy Storage Systems for Smart Grid Revenue by Application (2018-2029)
10.3 Asia Battery Energy Storage Systems for Smart Grid Sales by Region
10.3.1 Asia Battery Energy Storage Systems for Smart Grid Revenue by Region: 2018 VS 2022 VS 2029
10.3.2 Asia Battery Energy Storage Systems for Smart Grid Revenue by Region (2018-2029)
10.3.3 Asia Battery Energy Storage Systems for Smart Grid Sales by Region (2018-2029)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Market Size by Type
11.1.1 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Sales by Type (2018-2029)
11.1.2 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Revenue by Type (2018-2029)
11.2 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Market Size by Application
11.2.1 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Sales by Application (2018-2029)
11.2.2 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Revenue by Application (2018-2029)
11.3 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Sales by Country
11.3.1 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Revenue by Country: 2018 VS 2022 VS 2029
11.3.2 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Revenue by Country (2018-2029)
11.3.3 Middle East, Africa and Latin America Battery Energy Storage Systems for Smart Grid Sales by Country (2018-2029)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Siemens
12.1.1 Siemens Company Information
12.1.2 Siemens Overview
12.1.3 Siemens Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.1.4 Siemens Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Siemens Recent Developments
12.2 ABB
12.2.1 ABB Company Information
12.2.2 ABB Overview
12.2.3 ABB Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.2.4 ABB Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 ABB Recent Developments
12.3 Samsung SDI
12.3.1 Samsung SDI Company Information
12.3.2 Samsung SDI Overview
12.3.3 Samsung SDI Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.3.4 Samsung SDI Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Samsung SDI Recent Developments
12.4 GEAlstom
12.4.1 GEAlstom Company Information
12.4.2 GEAlstom Overview
12.4.3 GEAlstom Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.4.4 GEAlstom Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 GEAlstom Recent Developments
12.5 A123
12.5.1 A123 Company Information
12.5.2 A123 Overview
12.5.3 A123 Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.5.4 A123 Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 A123 Recent Developments
12.6 Bosch
12.6.1 Bosch Company Information
12.6.2 Bosch Overview
12.6.3 Bosch Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.6.4 Bosch Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Bosch Recent Developments
12.7 BYD
12.7.1 BYD Company Information
12.7.2 BYD Overview
12.7.3 BYD Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.7.4 BYD Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 BYD Recent Developments
12.8 AES Energy Storage
12.8.1 AES Energy Storage Company Information
12.8.2 AES Energy Storage Overview
12.8.3 AES Energy Storage Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.8.4 AES Energy Storage Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 AES Energy Storage Recent Developments
12.9 LG Chem
12.9.1 LG Chem Company Information
12.9.2 LG Chem Overview
12.9.3 LG Chem Battery Energy Storage Systems for Smart Grid Sales, Price, Revenue and Gross Margin (2018-2023)
12.9.4 LG Chem Battery Energy Storage Systems for Smart Grid Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 LG Chem Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Battery Energy Storage Systems for Smart Grid Industry Chain Analysis
13.2 Battery Energy Storage Systems for Smart Grid Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Battery Energy Storage Systems for Smart Grid Production Mode & Process
13.4 Battery Energy Storage Systems for Smart Grid Sales and Marketing
13.4.1 Battery Energy Storage Systems for Smart Grid Sales Channels
13.4.2 Battery Energy Storage Systems for Smart Grid Distributors
13.5 Battery Energy Storage Systems for Smart Grid Customers
14 Battery Energy Storage Systems for Smart Grid Market Dynamics
14.1 Battery Energy Storage Systems for Smart Grid Industry Trends
14.2 Battery Energy Storage Systems for Smart Grid Market Drivers
14.3 Battery Energy Storage Systems for Smart Grid Market Challenges
14.4 Battery Energy Storage Systems for Smart Grid Market Restraints
15 Key Finding in The Global Battery Energy Storage Systems for Smart Grid Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
Siemens
ABB
Samsung SDI
GEAlstom
A123
Bosch
BYD
AES Energy Storage
LG Chem
听
听
*If Applicable.