Energy storage systems are the set of methods and technologies used to store various forms of energy. Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery. Li-ion batteries have been deployed in a wide range of energy-storage applications, ranging from energy-type batteries of a few kilowatt-hours in residential systems with rooftop photovoltaic arrays to multi-megawatt containerized batteries for the provision of grid ancillary services. This report mainly focuses on lithium-ion battery energy storage system market.
The global market for Lithium-Ion Battery Energy Storage System was estimated to be worth US$ 3682 million in 2023 and is forecast to a readjusted size of US$ 15290 million by 2030 with a CAGR of 24.0% during the forecast period 2024-2030
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Lithium-Ion Battery Energy Storage System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Lithium-Ion Battery Energy Storage System by region & country, by Type, and by Application.
The Lithium-Ion Battery Energy Storage System market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Lithium-Ion Battery Energy Storage System.
Market Segmentation
By Company
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LSIS
SMA Solar Technology
NGK
General Electric
Primus Power
Panasonic
BYD
Younicos
ABB
Saft
Con Edison Solutions
Segment by Type:
On-Grid
Off-Grid
Segment by Application
Residential
Utility & Commercial
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Lithium-Ion Battery Energy Storage System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Lithium-Ion Battery Energy Storage System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Lithium-Ion Battery Energy Storage System in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Lithium-Ion Battery Energy Storage System Product Introduction
1.2 Global Lithium-Ion Battery Energy Storage System Market Size Forecast
1.2.1 Global Lithium-Ion Battery Energy Storage System Sales Value (2019-2030)
1.2.2 Global Lithium-Ion Battery Energy Storage System Sales Volume (2019-2030)
1.2.3 Global Lithium-Ion Battery Energy Storage System Sales Price (2019-2030)
1.3 Lithium-Ion Battery Energy Storage System Market Trends & Drivers
1.3.1 Lithium-Ion Battery Energy Storage System Industry Trends
1.3.2 Lithium-Ion Battery Energy Storage System Market Drivers & Opportunity
1.3.3 Lithium-Ion Battery Energy Storage System Market Challenges
1.3.4 Lithium-Ion Battery Energy Storage System Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Lithium-Ion Battery Energy Storage System Players Revenue Ranking (2023)
2.2 Global Lithium-Ion Battery Energy Storage System Revenue by Company (2019-2024)
2.3 Global Lithium-Ion Battery Energy Storage System Players Sales Volume Ranking (2023)
2.4 Global Lithium-Ion Battery Energy Storage System Sales Volume by Company Players (2019-2024)
2.5 Global Lithium-Ion Battery Energy Storage System Average Price by Company (2019-2024)
2.6 Key Manufacturers Lithium-Ion Battery Energy Storage System Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Lithium-Ion Battery Energy Storage System Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Lithium-Ion Battery Energy Storage System
2.9 Lithium-Ion Battery Energy Storage System Market Competitive Analysis
2.9.1 Lithium-Ion Battery Energy Storage System Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Lithium-Ion Battery Energy Storage System Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Lithium-Ion Battery Energy Storage System as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 On-Grid
3.1.2 Off-Grid
3.2 Global Lithium-Ion Battery Energy Storage System Sales Value by Type
3.2.1 Global Lithium-Ion Battery Energy Storage System Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Lithium-Ion Battery Energy Storage System Sales Value, by Type (2019-2030)
3.2.3 Global Lithium-Ion Battery Energy Storage System Sales Value, by Type (%) (2019-2030)
3.3 Global Lithium-Ion Battery Energy Storage System Sales Volume by Type
3.3.1 Global Lithium-Ion Battery Energy Storage System Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Lithium-Ion Battery Energy Storage System Sales Volume, by Type (2019-2030)
3.3.3 Global Lithium-Ion Battery Energy Storage System Sales Volume, by Type (%) (2019-2030)
3.4 Global Lithium-Ion Battery Energy Storage System Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Utility & Commercial
4.2 Global Lithium-Ion Battery Energy Storage System Sales Value by Application
4.2.1 Global Lithium-Ion Battery Energy Storage System Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Lithium-Ion Battery Energy Storage System Sales Value, by Application (2019-2030)
4.2.3 Global Lithium-Ion Battery Energy Storage System Sales Value, by Application (%) (2019-2030)
4.3 Global Lithium-Ion Battery Energy Storage System Sales Volume by Application
4.3.1 Global Lithium-Ion Battery Energy Storage System Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Lithium-Ion Battery Energy Storage System Sales Volume, by Application (2019-2030)
4.3.3 Global Lithium-Ion Battery Energy Storage System Sales Volume, by Application (%) (2019-2030)
4.4 Global Lithium-Ion Battery Energy Storage System Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Lithium-Ion Battery Energy Storage System Sales Value by Region
5.1.1 Global Lithium-Ion Battery Energy Storage System Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Lithium-Ion Battery Energy Storage System Sales Value by Region (2019-2024)
5.1.3 Global Lithium-Ion Battery Energy Storage System Sales Value by Region (2025-2030)
5.1.4 Global Lithium-Ion Battery Energy Storage System Sales Value by Region (%), (2019-2030)
5.2 Global Lithium-Ion Battery Energy Storage System Sales Volume by Region
5.2.1 Global Lithium-Ion Battery Energy Storage System Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Lithium-Ion Battery Energy Storage System Sales Volume by Region (2019-2024)
5.2.3 Global Lithium-Ion Battery Energy Storage System Sales Volume by Region (2025-2030)
5.2.4 Global Lithium-Ion Battery Energy Storage System Sales Volume by Region (%), (2019-2030)
5.3 Global Lithium-Ion Battery Energy Storage System Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
5.4.2 North America Lithium-Ion Battery Energy Storage System Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
5.5.2 Europe Lithium-Ion Battery Energy Storage System Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
5.6.2 Asia Pacific Lithium-Ion Battery Energy Storage System Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
5.7.2 South America Lithium-Ion Battery Energy Storage System Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
5.8.2 Middle East & Africa Lithium-Ion Battery Energy Storage System Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Lithium-Ion Battery Energy Storage System Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Lithium-Ion Battery Energy Storage System Sales Value
6.2.1 Key Countries/Regions Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.2.2 Key Countries/Regions Lithium-Ion Battery Energy Storage System Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.3.2 United States Lithium-Ion Battery Energy Storage System Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Lithium-Ion Battery Energy Storage System Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.4.2 Europe Lithium-Ion Battery Energy Storage System Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Lithium-Ion Battery Energy Storage System Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.5.2 China Lithium-Ion Battery Energy Storage System Sales Value by Type (%), 2023 VS 2030
6.5.3 China Lithium-Ion Battery Energy Storage System Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.6.2 Japan Lithium-Ion Battery Energy Storage System Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Lithium-Ion Battery Energy Storage System Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.7.2 South Korea Lithium-Ion Battery Energy Storage System Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Lithium-Ion Battery Energy Storage System Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.8.2 Southeast Asia Lithium-Ion Battery Energy Storage System Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Lithium-Ion Battery Energy Storage System Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Lithium-Ion Battery Energy Storage System Sales Value, 2019-2030
6.9.2 India Lithium-Ion Battery Energy Storage System Sales Value by Type (%), 2023 VS 2030
6.9.3 India Lithium-Ion Battery Energy Storage System Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Samsung SDI
7.1.1 Samsung SDI Company Information
7.1.2 Samsung SDI Introduction and Business Overview
7.1.3 Samsung SDI Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Samsung SDI Lithium-Ion Battery Energy Storage System Product Offerings
7.1.5 Samsung SDI Recent Development
7.2 LG Chem
7.2.1 LG Chem Company Information
7.2.2 LG Chem Introduction and Business Overview
7.2.3 LG Chem Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.2.4 LG Chem Lithium-Ion Battery Energy Storage System Product Offerings
7.2.5 LG Chem Recent Development
7.3 Fluence
7.3.1 Fluence Company Information
7.3.2 Fluence Introduction and Business Overview
7.3.3 Fluence Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Fluence Lithium-Ion Battery Energy Storage System Product Offerings
7.3.5 Fluence Recent Development
7.4 Hitachi
7.4.1 Hitachi Company Information
7.4.2 Hitachi Introduction and Business Overview
7.4.3 Hitachi Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Hitachi Lithium-Ion Battery Energy Storage System Product Offerings
7.4.5 Hitachi Recent Development
7.5 Kokam
7.5.1 Kokam Company Information
7.5.2 Kokam Introduction and Business Overview
7.5.3 Kokam Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Kokam Lithium-Ion Battery Energy Storage System Product Offerings
7.5.5 Kokam Recent Development
7.6 LSIS
7.6.1 LSIS Company Information
7.6.2 LSIS Introduction and Business Overview
7.6.3 LSIS Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.6.4 LSIS Lithium-Ion Battery Energy Storage System Product Offerings
7.6.5 LSIS Recent Development
7.7 SMA Solar Technology
7.7.1 SMA Solar Technology Company Information
7.7.2 SMA Solar Technology Introduction and Business Overview
7.7.3 SMA Solar Technology Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.7.4 SMA Solar Technology Lithium-Ion Battery Energy Storage System Product Offerings
7.7.5 SMA Solar Technology Recent Development
7.8 NGK
7.8.1 NGK Company Information
7.8.2 NGK Introduction and Business Overview
7.8.3 NGK Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.8.4 NGK Lithium-Ion Battery Energy Storage System Product Offerings
7.8.5 NGK Recent Development
7.9 General Electric
7.9.1 General Electric Company Information
7.9.2 General Electric Introduction and Business Overview
7.9.3 General Electric Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.9.4 General Electric Lithium-Ion Battery Energy Storage System Product Offerings
7.9.5 General Electric Recent Development
7.10 Primus Power
7.10.1 Primus Power Company Information
7.10.2 Primus Power Introduction and Business Overview
7.10.3 Primus Power Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Primus Power Lithium-Ion Battery Energy Storage System Product Offerings
7.10.5 Primus Power Recent Development
7.11 Panasonic
7.11.1 Panasonic Company Information
7.11.2 Panasonic Introduction and Business Overview
7.11.3 Panasonic Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Panasonic Lithium-Ion Battery Energy Storage System Product Offerings
7.11.5 Panasonic Recent Development
7.12 BYD
7.12.1 BYD Company Information
7.12.2 BYD Introduction and Business Overview
7.12.3 BYD Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.12.4 BYD Lithium-Ion Battery Energy Storage System Product Offerings
7.12.5 BYD Recent Development
7.13 Younicos
7.13.1 Younicos Company Information
7.13.2 Younicos Introduction and Business Overview
7.13.3 Younicos Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Younicos Lithium-Ion Battery Energy Storage System Product Offerings
7.13.5 Younicos Recent Development
7.14 ABB
7.14.1 ABB Company Information
7.14.2 ABB Introduction and Business Overview
7.14.3 ABB Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.14.4 ABB Lithium-Ion Battery Energy Storage System Product Offerings
7.14.5 ABB Recent Development
7.15 Saft
7.15.1 Saft Company Information
7.15.2 Saft Introduction and Business Overview
7.15.3 Saft Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Saft Lithium-Ion Battery Energy Storage System Product Offerings
7.15.5 Saft Recent Development
7.16 Con Edison Solutions
7.16.1 Con Edison Solutions Company Information
7.16.2 Con Edison Solutions Introduction and Business Overview
7.16.3 Con Edison Solutions Lithium-Ion Battery Energy Storage System Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Con Edison Solutions Lithium-Ion Battery Energy Storage System Product Offerings
7.16.5 Con Edison Solutions Recent Development
8 Industry Chain Analysis
8.1 Lithium-Ion Battery Energy Storage System Industrial Chain
8.2 Lithium-Ion Battery Energy Storage System Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Lithium-Ion Battery Energy Storage System Sales Model
8.5.2 Sales Channel
8.5.3 Lithium-Ion Battery Energy Storage System Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LSIS
SMA Solar Technology
NGK
General Electric
Primus Power
Panasonic
BYD
Younicos
ABB
Saft
Con Edison Solutions
听
听
*If Applicable.