- call +1-201-465-4211
- email sales@mrinsights.biz
Grid energy storage is a collection of methods used to store electrical energy on a large scale within an electrical power grid. Electrical energy is stored during times when production (especially from intermittent power plants such as renewable electricity sources such as wind power, tidal power, solar power) exceeds consumption, and returned to the grid when production falls below consumption.
Scope of the Report:
This report focuses on the Grid Scale Energy Storage in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
A variety of grid scale energy storage technologies are known to the industry and can be broadly categorized based on the type of energy being stored. Pumped hydro energy storage (PHES) is a well-established energy storage technique; however, because of known challenges, various other energy storage techniques, backed by public and private lending, have surfaced over the last decade. For a market such as energy storage, which is linked to the economy of a country, initiatives related to policy decisions and mass awareness play a key role in the growth. Some countries have introduced reforms / amendments in the policies to encourage the market for energy storage, while others are still debating on it. The White House Summit 2016 is a recent example of such initiatives. At the summit, a range of utility, industry and government storage commitments were highlighted to signify the importance of this subject. Post this, the Federal Energy Regulatory Commission (FERC) started working on re-evaluating some of the policies to encourage energy storage in the US.
At the time of release of this study, policies favoring renewable energy over other sources were in place in about 50 countries. The common theme across these policies is priority dispatch of electricity from renewable sources, special feed-in tariffs, quota obligations for renewable energy and energy tax exemptions. In addition, legal bindings / agreements, such as COP21, to tackle climate change are encouraging the use of renewable energy, which, in turn, is likely to drive the energy storage industry.
The worldwide market for Grid Scale Energy Storage is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
ABB
Beacon Power
Hydrostor
EnerVault
GE
Samsung SDI
S&C Electric
SustainX
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Pumped Hydroelectric Storage System
Thermal Storage
Battery Storage
Compressed Air Energy Storage
Flywheel Storage
Molten Salt Storage
Market Segment by Applications, can be divided into
Mechanical Energy
Chemical Energy
Electrochemical Energy
Thermal Energy
Electromagnetic Energy
There are 15 Chapters to deeply display the global Grid Scale Energy Storage market.
Chapter 1, to describe Grid Scale Energy Storage Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Grid Scale Energy Storage, with sales, revenue, and price of Grid Scale Energy Storage, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Grid Scale Energy Storage, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Grid Scale Energy Storage market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Grid Scale Energy Storage sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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
1 Market Overview
1.1 Grid Scale Energy Storage Introduction
1.2 Market Analysis by Type
1.2.1 Pumped Hydroelectric Storage System
1.2.2 Thermal Storage
1.2.3 Battery Storage
1.2.4 Compressed Air Energy Storage
1.2.5 Flywheel Storage
1.2.6 Molten Salt Storage
1.3 Market Analysis by Applications
1.3.1 Mechanical Energy
1.3.2 Chemical Energy
1.3.3 Electrochemical Energy
1.3.4 Thermal Energy
1.3.5 Electromagnetic Energy
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 ABB
2.1.1 Business Overview
2.1.2 Grid Scale Energy Storage Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 ABB Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Beacon Power
2.2.1 Business Overview
2.2.2 Grid Scale Energy Storage Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Beacon Power Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Hydrostor
2.3.1 Business Overview
2.3.2 Grid Scale Energy Storage Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Hydrostor Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 EnerVault
2.4.1 Business Overview
2.4.2 Grid Scale Energy Storage Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 EnerVault Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 GE
2.5.1 Business Overview
2.5.2 Grid Scale Energy Storage Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 GE Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.6 Samsung SDI
2.6.1 Business Overview
2.6.2 Grid Scale Energy Storage Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Samsung SDI Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.7 S&C Electric
2.7.1 Business Overview
2.7.2 Grid Scale Energy Storage Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 S&C Electric Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.8 SustainX
2.8.1 Business Overview
2.8.2 Grid Scale Energy Storage Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 SustainX Grid Scale Energy Storage Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Grid Scale Energy Storage Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Grid Scale Energy Storage Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Grid Scale Energy Storage Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Grid Scale Energy Storage Manufacturer Market Share in 2017
3.3.2 Top 6 Grid Scale Energy Storage Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global Grid Scale Energy Storage Market Analysis by Regions
4.1 Global Grid Scale Energy Storage Sales, Revenue and Market Share by Regions
4.1.1 Global Grid Scale Energy Storage Sales and Market Share by Regions (2013-2018)
4.1.2 Global Grid Scale Energy Storage Revenue and Market Share by Regions (2013-2018)
4.2 North America Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
4.3 Europe Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
4.5 South America Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
5 North America Grid Scale Energy Storage by Countries
5.1 North America Grid Scale Energy Storage Sales, Revenue and Market Share by Countries
5.1.1 North America Grid Scale Energy Storage Sales and Market Share by Countries (2013-2018)
5.1.2 North America Grid Scale Energy Storage Revenue and Market Share by Countries (2013-2018)
5.2 United States Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
5.3 Canada Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
5.4 Mexico Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
6 Europe Grid Scale Energy Storage by Countries
6.1 Europe Grid Scale Energy Storage Sales, Revenue and Market Share by Countries
6.1.1 Europe Grid Scale Energy Storage Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Grid Scale Energy Storage Revenue and Market Share by Countries (2013-2018)
6.2 Germany Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
6.3 UK Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
6.4 France Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
6.5 Russia Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
6.6 Italy Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
7 Asia-Pacific Grid Scale Energy Storage by Countries
7.1 Asia-Pacific Grid Scale Energy Storage Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific Grid Scale Energy Storage Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific Grid Scale Energy Storage Revenue and Market Share by Countries (2013-2018)
7.2 China Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
7.3 Japan Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
7.4 Korea Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
7.5 India Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
7.6 Southeast Asia Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
8 South America Grid Scale Energy Storage by Countries
8.1 South America Grid Scale Energy Storage Sales, Revenue and Market Share by Countries
8.1.1 South America Grid Scale Energy Storage Sales and Market Share by Countries (2013-2018)
8.1.2 South America Grid Scale Energy Storage Revenue and Market Share by Countries (2013-2018)
8.2 Brazil Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
8.3 Argentina Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
8.4 Colombia Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
9 Middle East and Africa Grid Scale Energy Storage by Countries
9.1 Middle East and Africa Grid Scale Energy Storage Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Grid Scale Energy Storage Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa Grid Scale Energy Storage Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
9.3 UAE Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
9.4 Egypt Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
9.5 Nigeria Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
9.6 South Africa Grid Scale Energy Storage Sales and Growth Rate (2013-2018)
10 Global Grid Scale Energy Storage Market Segment by Type
10.1 Global Grid Scale Energy Storage Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Grid Scale Energy Storage Sales and Market Share by Type (2013-2018)
10.1.2 Global Grid Scale Energy Storage Revenue and Market Share by Type (2013-2018)
10.2 Pumped Hydroelectric Storage System Sales Growth and Price
10.2.1 Global Pumped Hydroelectric Storage System Sales Growth (2013-2018)
10.2.2 Global Pumped Hydroelectric Storage System Price (2013-2018)
10.3 Thermal Storage Sales Growth and Price
10.3.1 Global Thermal Storage Sales Growth (2013-2018)
10.3.2 Global Thermal Storage Price (2013-2018)
10.4 Battery Storage Sales Growth and Price
10.4.1 Global Battery Storage Sales Growth (2013-2018)
10.4.2 Global Battery Storage Price (2013-2018)
10.5 Compressed Air Energy Storage Sales Growth and Price
10.5.1 Global Compressed Air Energy Storage Sales Growth (2013-2018)
10.5.2 Global Compressed Air Energy Storage Price (2013-2018)
10.6 Flywheel Storage Sales Growth and Price
10.6.1 Global Flywheel Storage Sales Growth (2013-2018)
10.6.2 Global Flywheel Storage Price (2013-2018)
10.7 Molten Salt Storage Sales Growth and Price
10.7.1 Global Molten Salt Storage Sales Growth (2013-2018)
10.7.2 Global Molten Salt Storage Price (2013-2018)
11 Global Grid Scale Energy Storage Market Segment by Application
11.1 Global Grid Scale Energy Storage Sales Market Share by Application (2013-2018)
11.2 Mechanical Energy Sales Growth (2013-2018)
11.3 Chemical Energy Sales Growth (2013-2018)
11.4 Electrochemical Energy Sales Growth (2013-2018)
11.5 Thermal Energy Sales Growth (2013-2018)
11.6 Electromagnetic Energy Sales Growth (2013-2018)
12 Grid Scale Energy Storage Market Forecast (2018-2023)
12.1 Global Grid Scale Energy Storage Sales, Revenue and Growth Rate (2018-2023)
12.2 Grid Scale Energy Storage Market Forecast by Regions (2018-2023)
12.2.1 North America Grid Scale Energy Storage Market Forecast (2018-2023)
12.2.2 Europe Grid Scale Energy Storage Market Forecast (2018-2023)
12.2.3 Asia-Pacific Grid Scale Energy Storage Market Forecast (2018-2023)
12.2.4 South America Grid Scale Energy Storage Market Forecast (2018-2023)
12.2.5 Middle East and Africa Grid Scale Energy Storage Market Forecast (2018-2023)
12.3 Grid Scale Energy Storage Market Forecast by Type (2018-2023)
12.3.1 Global Grid Scale Energy Storage Sales Forecast by Type (2018-2023)
12.3.2 Global Grid Scale Energy Storage Market Share Forecast by Type (2018-2023)
12.4 Grid Scale Energy Storage Market Forecast by Application (2018-2023)
12.4.1 Global Grid Scale Energy Storage Sales Forecast by Application (2018-2023)
12.4.2 Global Grid Scale Energy Storage Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Grid Scale Energy Storage Picture
Table Product Specifications of Grid Scale Energy Storage
Figure Global Sales Market Share of Grid Scale Energy Storage by Types in
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
