

Grid-Scale Electricity Storage is a collection of methods used for energy storage on a large scale within an electrical power grid.
Highlights
The global Grid-Scale Electricity Storage market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Grid-Scale Electricity Storage is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Grid-Scale Electricity Storage is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Grid-Scale Electricity Storage in Renewable Integration is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Grid-Scale Electricity Storage include ABB Group, Fluence Energy, LG Chem Ltd., NGK Insulators Ltd., BYD Co. Ltd., Hitachi Ltd., Mitsubishi Electric Corp., Samsung SDI Co. Ltd. and Panasonic Corp., etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Grid-Scale Electricity Storage, with both quantitative 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 Electricity Storage.
The Grid-Scale Electricity Storage market size, estimations, and forecasts are provided in terms of and revenue ($ millions), 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 Electricity Storage 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 Electricity Storage companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
ABB Group
Fluence Energy
LG Chem Ltd.
NGK Insulators Ltd.
BYD Co. Ltd.
Hitachi Ltd.
Mitsubishi Electric Corp.
Samsung SDI Co. Ltd.
Panasonic Corp.
GS Yuasa Corp.
General Electric
Sumitomo Electric Industries, Ltd.
Segment by Type
Lithium-Ion
Lead Acid
Others
Segment by Application
Renewable Integration
Ancillary Services
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by 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: Introduces executive summary of global market size, regional market size, 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 Grid-Scale Electricity Storage companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Grid-Scale Electricity Storage Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Lithium-Ion
1.2.3 Lead Acid
1.2.4 Others
1.3 Market by Application
1.3.1 Global Grid-Scale Electricity Storage Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Renewable Integration
1.3.3 Ancillary Services
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Grid-Scale Electricity Storage Market Perspective (2018-2029)
2.2 Grid-Scale Electricity Storage Growth Trends by Region
2.2.1 Global Grid-Scale Electricity Storage Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Grid-Scale Electricity Storage Historic Market Size by Region (2018-2023)
2.2.3 Grid-Scale Electricity Storage Forecasted Market Size by Region (2024-2029)
2.3 Grid-Scale Electricity Storage Market Dynamics
2.3.1 Grid-Scale Electricity Storage Industry Trends
2.3.2 Grid-Scale Electricity Storage Market Drivers
2.3.3 Grid-Scale Electricity Storage Market Challenges
2.3.4 Grid-Scale Electricity Storage Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Grid-Scale Electricity Storage Players by Revenue
3.1.1 Global Top Grid-Scale Electricity Storage Players by Revenue (2018-2023)
3.1.2 Global Grid-Scale Electricity Storage Revenue Market Share by Players (2018-2023)
3.2 Global Grid-Scale Electricity Storage Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Grid-Scale Electricity Storage Revenue
3.4 Global Grid-Scale Electricity Storage Market Concentration Ratio
3.4.1 Global Grid-Scale Electricity Storage Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Grid-Scale Electricity Storage Revenue in 2022
3.5 Grid-Scale Electricity Storage Key Players Head office and Area Served
3.6 Key Players Grid-Scale Electricity Storage Product Solution and Service
3.7 Date of Enter into Grid-Scale Electricity Storage Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Grid-Scale Electricity Storage Breakdown Data by Type
4.1 Global Grid-Scale Electricity Storage Historic Market Size by Type (2018-2023)
4.2 Global Grid-Scale Electricity Storage Forecasted Market Size by Type (2024-2029)
5 Grid-Scale Electricity Storage Breakdown Data by Application
5.1 Global Grid-Scale Electricity Storage Historic Market Size by Application (2018-2023)
5.2 Global Grid-Scale Electricity Storage Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Grid-Scale Electricity Storage Market Size (2018-2029)
6.2 North America Grid-Scale Electricity Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Grid-Scale Electricity Storage Market Size by Country (2018-2023)
6.4 North America Grid-Scale Electricity Storage Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Grid-Scale Electricity Storage Market Size (2018-2029)
7.2 Europe Grid-Scale Electricity Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Grid-Scale Electricity Storage Market Size by Country (2018-2023)
7.4 Europe Grid-Scale Electricity Storage Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Grid-Scale Electricity Storage Market Size (2018-2029)
8.2 Asia-Pacific Grid-Scale Electricity Storage Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Grid-Scale Electricity Storage Market Size by Region (2018-2023)
8.4 Asia-Pacific Grid-Scale Electricity Storage Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Grid-Scale Electricity Storage Market Size (2018-2029)
9.2 Latin America Grid-Scale Electricity Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Grid-Scale Electricity Storage Market Size by Country (2018-2023)
9.4 Latin America Grid-Scale Electricity Storage Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Grid-Scale Electricity Storage Market Size (2018-2029)
10.2 Middle East & Africa Grid-Scale Electricity Storage Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Grid-Scale Electricity Storage Market Size by Country (2018-2023)
10.4 Middle East & Africa Grid-Scale Electricity Storage Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB Group
11.1.1 ABB Group Company Detail
11.1.2 ABB Group Business Overview
11.1.3 ABB Group Grid-Scale Electricity Storage Introduction
11.1.4 ABB Group Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.1.5 ABB Group Recent Development
11.2 Fluence Energy
11.2.1 Fluence Energy Company Detail
11.2.2 Fluence Energy Business Overview
11.2.3 Fluence Energy Grid-Scale Electricity Storage Introduction
11.2.4 Fluence Energy Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.2.5 Fluence Energy Recent Development
11.3 LG Chem Ltd.
11.3.1 LG Chem Ltd. Company Detail
11.3.2 LG Chem Ltd. Business Overview
11.3.3 LG Chem Ltd. Grid-Scale Electricity Storage Introduction
11.3.4 LG Chem Ltd. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.3.5 LG Chem Ltd. Recent Development
11.4 NGK Insulators Ltd.
11.4.1 NGK Insulators Ltd. Company Detail
11.4.2 NGK Insulators Ltd. Business Overview
11.4.3 NGK Insulators Ltd. Grid-Scale Electricity Storage Introduction
11.4.4 NGK Insulators Ltd. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.4.5 NGK Insulators Ltd. Recent Development
11.5 BYD Co. Ltd.
11.5.1 BYD Co. Ltd. Company Detail
11.5.2 BYD Co. Ltd. Business Overview
11.5.3 BYD Co. Ltd. Grid-Scale Electricity Storage Introduction
11.5.4 BYD Co. Ltd. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.5.5 BYD Co. Ltd. Recent Development
11.6 Hitachi Ltd.
11.6.1 Hitachi Ltd. Company Detail
11.6.2 Hitachi Ltd. Business Overview
11.6.3 Hitachi Ltd. Grid-Scale Electricity Storage Introduction
11.6.4 Hitachi Ltd. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.6.5 Hitachi Ltd. Recent Development
11.7 Mitsubishi Electric Corp.
11.7.1 Mitsubishi Electric Corp. Company Detail
11.7.2 Mitsubishi Electric Corp. Business Overview
11.7.3 Mitsubishi Electric Corp. Grid-Scale Electricity Storage Introduction
11.7.4 Mitsubishi Electric Corp. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.7.5 Mitsubishi Electric Corp. Recent Development
11.8 Samsung SDI Co. Ltd.
11.8.1 Samsung SDI Co. Ltd. Company Detail
11.8.2 Samsung SDI Co. Ltd. Business Overview
11.8.3 Samsung SDI Co. Ltd. Grid-Scale Electricity Storage Introduction
11.8.4 Samsung SDI Co. Ltd. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.8.5 Samsung SDI Co. Ltd. Recent Development
11.9 Panasonic Corp.
11.9.1 Panasonic Corp. Company Detail
11.9.2 Panasonic Corp. Business Overview
11.9.3 Panasonic Corp. Grid-Scale Electricity Storage Introduction
11.9.4 Panasonic Corp. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.9.5 Panasonic Corp. Recent Development
11.10 GS Yuasa Corp.
11.10.1 GS Yuasa Corp. Company Detail
11.10.2 GS Yuasa Corp. Business Overview
11.10.3 GS Yuasa Corp. Grid-Scale Electricity Storage Introduction
11.10.4 GS Yuasa Corp. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.10.5 GS Yuasa Corp. Recent Development
11.11 General Electric
11.11.1 General Electric Company Detail
11.11.2 General Electric Business Overview
11.11.3 General Electric Grid-Scale Electricity Storage Introduction
11.11.4 General Electric Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.11.5 General Electric Recent Development
11.12 Sumitomo Electric Industries, Ltd.
11.12.1 Sumitomo Electric Industries, Ltd. Company Detail
11.12.2 Sumitomo Electric Industries, Ltd. Business Overview
11.12.3 Sumitomo Electric Industries, Ltd. Grid-Scale Electricity Storage Introduction
11.12.4 Sumitomo Electric Industries, Ltd. Revenue in Grid-Scale Electricity Storage Business (2018-2023)
11.12.5 Sumitomo Electric Industries, Ltd. Recent Development
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
ABB Group
Fluence Energy
LG Chem Ltd.
NGK Insulators Ltd.
BYD Co. Ltd.
Hitachi Ltd.
Mitsubishi Electric Corp.
Samsung SDI Co. Ltd.
Panasonic Corp.
GS Yuasa Corp.
General Electric
Sumitomo Electric Industries, Ltd.
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*If Applicable.