Market Analysis and Insights: Global Echelon Use of Batteries in Energy Storage Applications Market
The global Echelon Use of Batteries in Energy Storage Applications market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast 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 134%.
Report Covers:
This report presents an overview of global market for Echelon Use of Batteries in Energy Storage Applications market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Echelon Use of Batteries in Energy Storage Applications, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Echelon Use of Batteries in Energy Storage Applications, 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 Echelon Use of Batteries in Energy Storage Applications revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Echelon Use of Batteries in Energy Storage Applications 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, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Echelon Use of Batteries in Energy Storage Applications revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
Unicore
Retriev Technologies
Sumitomo
Bump Recycling (CATL)
Shenzhen GEM Co.,Ltd
Highpower International, Inc.
Hunan Jinyuan New Material Limited
Guangdong Fangyuan Environmental Protection Limited
Jiangxi Miracle Golded Tiger Cobalt
Gotion High-Tech
Huayou Cobalt
Segment by Type
Iron Phosphate Battery Recycling
Lead-acid Battery Recycling
Segment by Application
Commercial and Household Energy Storage
Grid Energy Storage
Communication Base Station Energy Storage
Low-speed Electric Vehicles
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of Echelon Use of Batteries in Energy Storage Applications in global and regional 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. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Echelon Use of Batteries in Energy Storage Applications companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Echelon Use of Batteries in Energy Storage Applications revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Echelon Use of Batteries in Energy Storage Applications Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Iron Phosphate Battery Recycling
1.2.3 Lead-acid Battery Recycling
1.3 Market by Application
1.3.1 Global Echelon Use of Batteries in Energy Storage Applications Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Commercial and Household Energy Storage
1.3.3 Grid Energy Storage
1.3.4 Communication Base Station Energy Storage
1.3.5 Low-speed Electric Vehicles
1.3.6 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Echelon Use of Batteries in Energy Storage Applications Market Perspective (2019-2030)
2.2 Global Echelon Use of Batteries in Energy Storage Applications Growth Trends by Region
2.2.1 Echelon Use of Batteries in Energy Storage Applications Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Echelon Use of Batteries in Energy Storage Applications Historic Market Size by Region (2019-2024)
2.2.3 Echelon Use of Batteries in Energy Storage Applications Forecasted Market Size by Region (2025-2030)
2.3 Echelon Use of Batteries in Energy Storage Applications Market Dynamics
2.3.1 Echelon Use of Batteries in Energy Storage Applications Industry Trends
2.3.2 Echelon Use of Batteries in Energy Storage Applications Market Drivers
2.3.3 Echelon Use of Batteries in Energy Storage Applications Market Challenges
2.3.4 Echelon Use of Batteries in Energy Storage Applications Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Echelon Use of Batteries in Energy Storage Applications by Players
3.1.1 Global Echelon Use of Batteries in Energy Storage Applications Revenue by Players (2019-2024)
3.1.2 Global Echelon Use of Batteries in Energy Storage Applications Revenue Market Share by Players (2019-2024)
3.2 Global Echelon Use of Batteries in Energy Storage Applications Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Echelon Use of Batteries in Energy Storage Applications, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Echelon Use of Batteries in Energy Storage Applications Market Concentration Ratio
3.4.1 Global Echelon Use of Batteries in Energy Storage Applications Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Echelon Use of Batteries in Energy Storage Applications Revenue in 2023
3.5 Global Key Players of Echelon Use of Batteries in Energy Storage Applications Head office and Area Served
3.6 Global Key Players of Echelon Use of Batteries in Energy Storage Applications, Product and Application
3.7 Global Key Players of Echelon Use of Batteries in Energy Storage Applications, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Echelon Use of Batteries in Energy Storage Applications Breakdown Data by Type
4.1 Global Echelon Use of Batteries in Energy Storage Applications Historic Market Size by Type (2019-2024)
4.2 Global Echelon Use of Batteries in Energy Storage Applications Forecasted Market Size by Type (2025-2030)
5 Echelon Use of Batteries in Energy Storage Applications Breakdown Data by Application
5.1 Global Echelon Use of Batteries in Energy Storage Applications Historic Market Size by Application (2019-2024)
5.2 Global Echelon Use of Batteries in Energy Storage Applications Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Echelon Use of Batteries in Energy Storage Applications Market Size (2019-2030)
6.2 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Type
6.2.1 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2019-2024)
6.2.2 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2025-2030)
6.2.3 North America Echelon Use of Batteries in Energy Storage Applications Market Share by Type (2019-2030)
6.3 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Application
6.3.1 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2019-2024)
6.3.2 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2025-2030)
6.3.3 North America Echelon Use of Batteries in Energy Storage Applications Market Share by Application (2019-2030)
6.4 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Country
6.4.1 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Country (2019-2024)
6.4.3 North America Echelon Use of Batteries in Energy Storage Applications Market Size by Country (2025-2030)
6.4.4 United States
6.4.5 Canada
7 Europe
7.1 Europe Echelon Use of Batteries in Energy Storage Applications Market Size (2019-2030)
7.2 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Type
7.2.1 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2019-2024)
7.2.2 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2025-2030)
7.2.3 Europe Echelon Use of Batteries in Energy Storage Applications Market Share by Type (2019-2030)
7.3 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Application
7.3.1 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2019-2024)
7.3.2 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2025-2030)
7.3.3 Europe Echelon Use of Batteries in Energy Storage Applications Market Share by Application (2019-2030)
7.4 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Country
7.4.1 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Country (2019-2024)
7.4.3 Europe Echelon Use of Batteries in Energy Storage Applications Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Echelon Use of Batteries in Energy Storage Applications Market Size (2019-2030)
8.2 China Echelon Use of Batteries in Energy Storage Applications Market Size by Type
8.2.1 China Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2019-2024)
8.2.2 China Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2025-2030)
8.2.3 China Echelon Use of Batteries in Energy Storage Applications Market Share by Type (2019-2030)
8.3 China Echelon Use of Batteries in Energy Storage Applications Market Size by Application
8.3.1 China Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2019-2024)
8.3.2 China Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2025-2030)
8.3.3 China Echelon Use of Batteries in Energy Storage Applications Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Echelon Use of Batteries in Energy Storage Applications Market Size (2019-2030)
9.2 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Type
9.2.1 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2019-2024)
9.2.2 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2025-2030)
9.2.3 Asia Echelon Use of Batteries in Energy Storage Applications Market Share by Type (2019-2030)
9.3 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Application
9.3.1 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2019-2024)
9.3.2 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2025-2030)
9.3.3 Asia Echelon Use of Batteries in Energy Storage Applications Market Share by Application (2019-2030)
9.4 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Region
9.4.1 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Region (2019-2024)
9.4.3 Asia Echelon Use of Batteries in Energy Storage Applications Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Type
10.2.1 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Application
10.3.1 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Country
10.4.1 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Echelon Use of Batteries in Energy Storage Applications Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Unicore
11.1.1 Unicore Company Details
11.1.2 Unicore Business Overview
11.1.3 Unicore Echelon Use of Batteries in Energy Storage Applications Introduction
11.1.4 Unicore Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.1.5 Unicore Recent Developments
11.2 Retriev Technologies
11.2.1 Retriev Technologies Company Details
11.2.2 Retriev Technologies Business Overview
11.2.3 Retriev Technologies Echelon Use of Batteries in Energy Storage Applications Introduction
11.2.4 Retriev Technologies Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.2.5 Retriev Technologies Recent Developments
11.3 Sumitomo
11.3.1 Sumitomo Company Details
11.3.2 Sumitomo Business Overview
11.3.3 Sumitomo Echelon Use of Batteries in Energy Storage Applications Introduction
11.3.4 Sumitomo Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.3.5 Sumitomo Recent Developments
11.4 Bump Recycling (CATL)
11.4.1 Bump Recycling (CATL) Company Details
11.4.2 Bump Recycling (CATL) Business Overview
11.4.3 Bump Recycling (CATL) Echelon Use of Batteries in Energy Storage Applications Introduction
11.4.4 Bump Recycling (CATL) Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.4.5 Bump Recycling (CATL) Recent Developments
11.5 Shenzhen GEM Co.,Ltd
11.5.1 Shenzhen GEM Co.,Ltd Company Details
11.5.2 Shenzhen GEM Co.,Ltd Business Overview
11.5.3 Shenzhen GEM Co.,Ltd Echelon Use of Batteries in Energy Storage Applications Introduction
11.5.4 Shenzhen GEM Co.,Ltd Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.5.5 Shenzhen GEM Co.,Ltd Recent Developments
11.6 Highpower International, Inc.
11.6.1 Highpower International, Inc. Company Details
11.6.2 Highpower International, Inc. Business Overview
11.6.3 Highpower International, Inc. Echelon Use of Batteries in Energy Storage Applications Introduction
11.6.4 Highpower International, Inc. Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.6.5 Highpower International, Inc. Recent Developments
11.7 Hunan Jinyuan New Material Limited
11.7.1 Hunan Jinyuan New Material Limited Company Details
11.7.2 Hunan Jinyuan New Material Limited Business Overview
11.7.3 Hunan Jinyuan New Material Limited Echelon Use of Batteries in Energy Storage Applications Introduction
11.7.4 Hunan Jinyuan New Material Limited Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.7.5 Hunan Jinyuan New Material Limited Recent Developments
11.8 Guangdong Fangyuan Environmental Protection Limited
11.8.1 Guangdong Fangyuan Environmental Protection Limited Company Details
11.8.2 Guangdong Fangyuan Environmental Protection Limited Business Overview
11.8.3 Guangdong Fangyuan Environmental Protection Limited Echelon Use of Batteries in Energy Storage Applications Introduction
11.8.4 Guangdong Fangyuan Environmental Protection Limited Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.8.5 Guangdong Fangyuan Environmental Protection Limited Recent Developments
11.9 Jiangxi Miracle Golded Tiger Cobalt
11.9.1 Jiangxi Miracle Golded Tiger Cobalt Company Details
11.9.2 Jiangxi Miracle Golded Tiger Cobalt Business Overview
11.9.3 Jiangxi Miracle Golded Tiger Cobalt Echelon Use of Batteries in Energy Storage Applications Introduction
11.9.4 Jiangxi Miracle Golded Tiger Cobalt Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.9.5 Jiangxi Miracle Golded Tiger Cobalt Recent Developments
11.10 Gotion High-Tech
11.10.1 Gotion High-Tech Company Details
11.10.2 Gotion High-Tech Business Overview
11.10.3 Gotion High-Tech Echelon Use of Batteries in Energy Storage Applications Introduction
11.10.4 Gotion High-Tech Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.10.5 Gotion High-Tech Recent Developments
11.11 Huayou Cobalt
11.11.1 Huayou Cobalt Company Details
11.11.2 Huayou Cobalt Business Overview
11.11.3 Huayou Cobalt Echelon Use of Batteries in Energy Storage Applications Introduction
11.11.4 Huayou Cobalt Revenue in Echelon Use of Batteries in Energy Storage Applications Business (2019-2024)
11.11.5 Huayou Cobalt Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Unicore
Retriev Technologies
Sumitomo
Bump Recycling (CATL)
Shenzhen GEM Co.,Ltd
Highpower International, Inc.
Hunan Jinyuan New Material Limited
Guangdong Fangyuan Environmental Protection Limited
Jiangxi Miracle Golded Tiger Cobalt
Gotion High-Tech
Huayou Cobalt
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*If Applicable.