- call +1-201-465-4211
- email sales@mrinsights.biz
Energy storage battery for microgrids is an energy reservoir that can store electrical energy and supply energy when required. Such a battery system has the added advantage of matching generation to the time of use and enables peak-shaving applications. Battery-based energy storage is more environmentally-friendly than traditional diesel generators and significantly reduces the fuel and sizing needs for common backup generators. Even small amounts of energy storage can have a major impact on reducing fuel costs, maintenance and omissions of diesel or bio-diesel generators.
The global energy storage battery for microgrids industry mainly concentrates in EU, USA and Japan. The global leading players in this market are NGK Group, Samsung SDI, NEC, Panasonic, MHI and Toshiba etc., which accounts for 49.38% of total revenue in 2015. In China the market leaders are BYD, CALB and ATL.
The USA and China are the major consumer regions in global energy storage battery for microgrids market. The energy storage battery for microgrids is mainly used in household, enterprise, utility. The application market share of Utility is up to 87.68%.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of energy storage products at home and abroad, many companies began to enter the field. Currently, the Chinese energy storage battery for microgrids is not only begun to transit to renewable energy installations field, while still extend in the downstream industry chain.
According to this study, over the next five years the Energy Storage Battery for Microgrids market will register a 8.7% CAGR in terms of revenue, the global market size will reach US$ 320 million by 2024, from US$ 190 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Energy Storage Battery for Microgrids business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Energy Storage Battery for Microgrids market by product type, application, key manufacturers and key regions and countries.
This study considers the Energy Storage Battery for Microgrids value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Sodium-sulfur battery
VRLA Lead Acid
Lithium-ion
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Household
Enterprise
Utility
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
NGK Group
Samsung SDI
NEC
Panasonic
MHI
Toshiba
S&C Electric
Beacon Power
CALMAC
Saft
Sumitomo Electric
EnSync
Eos Energy Storage
OutBack Power
Younicos
BYD
CALB
ATL
Rongke Power
Shen-li High Tech
Meineng
Chilwee
Narada
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Energy Storage Battery for Microgrids consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Energy Storage Battery for Microgrids market by identifying its various subsegments.
Focuses on the key global Energy Storage Battery for Microgrids manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Energy Storage Battery for Microgrids with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Energy Storage Battery for Microgrids submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Energy Storage Battery for Microgrids Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Energy Storage Battery for Microgrids Consumption 2014-2024
2.1.2 Energy Storage Battery for Microgrids Consumption CAGR by Region
2.2 Energy Storage Battery for Microgrids Segment by Type
2.2.1 Sodium-sulfur battery
2.2.2 VRLA Lead Acid
2.2.3 Lithium-ion
2.2.4 Others
2.3 Energy Storage Battery for Microgrids Consumption by Type
2.3.1 Global Energy Storage Battery for Microgrids Consumption Market Share by Type (2014-2019)
2.3.2 Global Energy Storage Battery for Microgrids Revenue and Market Share by Type (2014-2019)
2.3.3 Global Energy Storage Battery for Microgrids Sale Price by Type (2014-2019)
2.4 Energy Storage Battery for Microgrids Segment by Application
2.4.1 Household
2.4.2 Enterprise
2.4.3 Utility
2.5 Energy Storage Battery for Microgrids Consumption by Application
2.5.1 Global Energy Storage Battery for Microgrids Consumption Market Share by Application (2014-2019)
2.5.2 Global Energy Storage Battery for Microgrids Value and Market Share by Application (2014-2019)
2.5.3 Global Energy Storage Battery for Microgrids Sale Price by Application (2014-2019)
3 Global Energy Storage Battery for Microgrids by Players
3.1 Global Energy Storage Battery for Microgrids Sales Market Share by Players
3.1.1 Global Energy Storage Battery for Microgrids Sales by Players (2017-2019)
3.1.2 Global Energy Storage Battery for Microgrids Sales Market Share by Players (2017-2019)
3.2 Global Energy Storage Battery for Microgrids Revenue Market Share by Players
3.2.1 Global Energy Storage Battery for Microgrids Revenue by Players (2017-2019)
3.2.2 Global Energy Storage Battery for Microgrids Revenue Market Share by Players (2017-2019)
3.3 Global Energy Storage Battery for Microgrids Sale Price by Players
3.4 Global Energy Storage Battery for Microgrids Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Energy Storage Battery for Microgrids Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Energy Storage Battery for Microgrids Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Energy Storage Battery for Microgrids by Regions
4.1 Energy Storage Battery for Microgrids by Regions
4.1.1 Global Energy Storage Battery for Microgrids Consumption by Regions
4.1.2 Global Energy Storage Battery for Microgrids Value by Regions
4.2 Americas Energy Storage Battery for Microgrids Consumption Growth
4.3 APAC Energy Storage Battery for Microgrids Consumption Growth
4.4 Europe Energy Storage Battery for Microgrids Consumption Growth
4.5 Middle East & Africa Energy Storage Battery for Microgrids Consumption Growth
5 Americas
5.1 Americas Energy Storage Battery for Microgrids Consumption by Countries
5.1.1 Americas Energy Storage Battery for Microgrids Consumption by Countries (2014-2019)
5.1.2 Americas Energy Storage Battery for Microgrids Value by Countries (2014-2019)
5.2 Americas Energy Storage Battery for Microgrids Consumption by Type
5.3 Americas Energy Storage Battery for Microgrids Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Energy Storage Battery for Microgrids Consumption by Countries
6.1.1 APAC Energy Storage Battery for Microgrids Consumption by Countries (2014-2019)
6.1.2 APAC Energy Storage Battery for Microgrids Value by Countries (2014-2019)
6.2 APAC Energy Storage Battery for Microgrids Consumption by Type
6.3 APAC Energy Storage Battery for Microgrids Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Energy Storage Battery for Microgrids by Countries
7.1.1 Europe Energy Storage Battery for Microgrids Consumption by Countries (2014-2019)
7.1.2 Europe Energy Storage Battery for Microgrids Value by Countries (2014-2019)
7.2 Europe Energy Storage Battery for Microgrids Consumption by Type
7.3 Europe Energy Storage Battery for Microgrids Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Energy Storage Battery for Microgrids by Countries
8.1.1 Middle East & Africa Energy Storage Battery for Microgrids Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Energy Storage Battery for Microgrids Value by Countries (2014-2019)
8.2 Middle East & Africa Energy Storage Battery for Microgrids Consumption by Type
8.3 Middle East & Africa Energy Storage Battery for Microgrids Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Energy Storage Battery for Microgrids Distributors
10.3 Energy Storage Battery for Microgrids Customer
11 Global Energy Storage Battery for Microgrids Market Forecast
11.1 Global Energy Storage Battery for Microgrids Consumption Forecast (2019-2024)
11.2 Global Energy Storage Battery for Microgrids Forecast by Regions
11.2.1 Global Energy Storage Battery for Microgrids Forecast by Regions (2019-2024)
11.2.2 Global Energy Storage Battery for Microgrids Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Energy Storage Battery for Microgrids Forecast by Type
11.8 Global Energy Storage Battery for Microgrids Forecast by Application
12 Key Players Analysis
12.1 NGK Group
12.1.1 Company Details
12.1.2 Energy Storage Battery for Microgrids Product Offered
12.1.3 NGK Group Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 NGK Group News
12.2 Samsung SDI
12.2.1 Company Details
12.2.2 Energy Storage Battery for Microgrids Product Offered
12.2.3 Samsung SDI Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 Samsung SDI News
12.3 NEC
12.3.1 Company Details
12.3.2 Energy Storage Battery for Microgrids Product Offered
12.3.3 NEC Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 NEC News
12.4 Panasonic
12.4.1 Company Details
12.4.2 Energy Storage Battery for Microgrids Product Offered
12.4.3 Panasonic Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Panasonic News
12.5 MHI
12.5.1 Company Details
12.5.2 Energy Storage Battery for Microgrids Product Offered
12.5.3 MHI Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 MHI News
12.6 Toshiba
12.6.1 Company Details
12.6.2 Energy Storage Battery for Microgrids Product Offered
12.6.3 Toshiba Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Toshiba News
12.7 S&C Electric
12.7.1 Company Details
12.7.2 Energy Storage Battery for Microgrids Product Offered
12.7.3 S&C Electric Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 S&C Electric News
12.8 Beacon Power
12.8.1 Company Details
12.8.2 Energy Storage Battery for Microgrids Product Offered
12.8.3 Beacon Power Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 Beacon Power News
12.9 CALMAC
12.9.1 Company Details
12.9.2 Energy Storage Battery for Microgrids Product Offered
12.9.3 CALMAC Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 CALMAC News
12.10 Saft
12.10.1 Company Details
12.10.2 Energy Storage Battery for Microgrids Product Offered
12.10.3 Saft Energy Storage Battery for Microgrids Sales, Revenue, Price and Gross Margin (2017-2019)
12.10.4 Main Business Overview
12.10.5 Saft News
12.11 Sumitomo Electric
12.12 EnSync
12.13 Eos Energy Storage
12.14 OutBack Power
12.15 Younicos
12.16 BYD
12.17 CALB
12.18 ATL
12.19 Rongke Power
12.20 Shen-li High Tech
12.21 Meineng
12.22 Chilwee
12.23 Narada
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Energy Storage Battery for Microgrids
Table Product Specifications of Energy Storage Battery for Microgrids
Figure Energy Storage Battery for
ProactiveWe manage our resources 24/7 to identify issues and address them before they become problems
Quality & ReliabilityWe are committed to providing reliable and highly accurate data with an excellent quality control system
Global Outreach6 Major regions and 40+ countries level analysis accomplished
Competitive PricingOur pricing strategy is highly competitive in the market, without compensating on the quality and the timeline of project delivery
