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Global Battery Energy Storage System (ESS) Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 219
  • CATEGORY
  • Energy & Power
Battery Energy Storage System (ESS) market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Battery Energy Storage System (ESS) market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Battery Energy Storage System (ESS) manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Battery Energy Storage System (ESS) market covering all its essential aspects.

Global Battery Energy Storage System (ESS) Market: Segmentations

Global Battery Energy Storage System (ESS) Market: By Key Players
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LSIS
SMA Solar Technology
NGK
General Electric
Primus Power
Panasonic
BYD
Younicos
ABB
Saft
Lockheed Martin Energy
Eos Energy Storage
Con Edison Solutions

Global Battery Energy Storage System (ESS) Market: By Types
Lithium
Lead Acid
NaS

Global Battery Energy Storage System (ESS) Market: By Applications
Residential
Utility & Commercial



Global Battery Energy Storage System (ESS) Market: Regional Analysis
The countries covered in the regional analysis of the Global Battery Energy Storage System (ESS) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Battery Energy Storage System (ESS) market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Battery Energy Storage System (ESS) would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Battery Energy Storage System (ESS) Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Battery Energy Storage System (ESS) Revenue
1.4 Market Analysis by Type
1.4.1 Global Battery Energy Storage System (ESS) Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Lithium
1.4.3 Lead Acid
1.4.4 NaS
1.5 Market by Application
1.5.1 Global Battery Energy Storage System (ESS) Market Share by Application: 2023-2032
1.5.2 Residential
1.5.3 Utility & Commercial
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Battery Energy Storage System (ESS) Market
1.8.1 Global Battery Energy Storage System (ESS) Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Battery Energy Storage System (ESS) Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Battery Energy Storage System (ESS) Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Battery Energy Storage System (ESS) Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Battery Energy Storage System (ESS) Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Battery Energy Storage System (ESS) Sales Volume Market Share by Region (2017-2022)
3.2 Global Battery Energy Storage System (ESS) Sales Revenue Market Share by Region (2017-2022)
3.3 North America Battery Energy Storage System (ESS) Sales Volume
3.3.1 North America Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.3.2 North America Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Battery Energy Storage System (ESS) Sales Volume
3.4.1 East Asia Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.5.1 Europe Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.6.1 South Asia Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.7.1 Southeast Asia Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.8.1 Middle East Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.9.1 Africa Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.10.1 Oceania Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.11.1 South America Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.11.2 South America Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Battery Energy Storage System (ESS) Sales Volume (2017-2022)
3.12.1 Rest of the World Battery Energy Storage System (ESS) Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Battery Energy Storage System (ESS) Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Battery Energy Storage System (ESS) Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Battery Energy Storage System (ESS) Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Battery Energy Storage System (ESS) Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Battery Energy Storage System (ESS) Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Battery Energy Storage System (ESS) Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Battery Energy Storage System (ESS) Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Battery Energy Storage System (ESS) Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Battery Energy Storage System (ESS) Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Battery Energy Storage System (ESS) Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Battery Energy Storage System (ESS) Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Battery Energy Storage System (ESS) Sales Volume Market Share by Type (2017-2022)
14.2 Global Battery Energy Storage System (ESS) Sales Revenue Market Share by Type (2017-2022)
14.3 Global Battery Energy Storage System (ESS) Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Battery Energy Storage System (ESS) Consumption Volume by Application (2017-2022)
15.2 Global Battery Energy Storage System (ESS) Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Battery Energy Storage System (ESS) Business
16.1 Samsung SDI
16.1.1 Samsung SDI Company Profile
16.1.2 Samsung SDI Battery Energy Storage System (ESS) Product Specification
16.1.3 Samsung SDI Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 LG Chem
16.2.1 LG Chem Company Profile
16.2.2 LG Chem Battery Energy Storage System (ESS) Product Specification
16.2.3 LG Chem Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Fluence
16.3.1 Fluence Company Profile
16.3.2 Fluence Battery Energy Storage System (ESS) Product Specification
16.3.3 Fluence Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Hitachi
16.4.1 Hitachi Company Profile
16.4.2 Hitachi Battery Energy Storage System (ESS) Product Specification
16.4.3 Hitachi Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Kokam
16.5.1 Kokam Company Profile
16.5.2 Kokam Battery Energy Storage System (ESS) Product Specification
16.5.3 Kokam Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 LSIS
16.6.1 LSIS Company Profile
16.6.2 LSIS Battery Energy Storage System (ESS) Product Specification
16.6.3 LSIS Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 SMA Solar Technology
16.7.1 SMA Solar Technology Company Profile
16.7.2 SMA Solar Technology Battery Energy Storage System (ESS) Product Specification
16.7.3 SMA Solar Technology Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 NGK
16.8.1 NGK Company Profile
16.8.2 NGK Battery Energy Storage System (ESS) Product Specification
16.8.3 NGK Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 General Electric
16.9.1 General Electric Company Profile
16.9.2 General Electric Battery Energy Storage System (ESS) Product Specification
16.9.3 General Electric Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Primus Power
16.10.1 Primus Power Company Profile
16.10.2 Primus Power Battery Energy Storage System (ESS) Product Specification
16.10.3 Primus Power Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Panasonic
16.11.1 Panasonic Company Profile
16.11.2 Panasonic Battery Energy Storage System (ESS) Product Specification
16.11.3 Panasonic Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 BYD
16.12.1 BYD Company Profile
16.12.2 BYD Battery Energy Storage System (ESS) Product Specification
16.12.3 BYD Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Younicos
16.13.1 Younicos Company Profile
16.13.2 Younicos Battery Energy Storage System (ESS) Product Specification
16.13.3 Younicos Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 ABB
16.14.1 ABB Company Profile
16.14.2 ABB Battery Energy Storage System (ESS) Product Specification
16.14.3 ABB Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Saft
16.15.1 Saft Company Profile
16.15.2 Saft Battery Energy Storage System (ESS) Product Specification
16.15.3 Saft Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Lockheed Martin Energy
16.16.1 Lockheed Martin Energy Company Profile
16.16.2 Lockheed Martin Energy Battery Energy Storage System (ESS) Product Specification
16.16.3 Lockheed Martin Energy Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Eos Energy Storage
16.17.1 Eos Energy Storage Company Profile
16.17.2 Eos Energy Storage Battery Energy Storage System (ESS) Product Specification
16.17.3 Eos Energy Storage Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 Con Edison Solutions
16.18.1 Con Edison Solutions Company Profile
16.18.2 Con Edison Solutions Battery Energy Storage System (ESS) Product Specification
16.18.3 Con Edison Solutions Battery Energy Storage System (ESS) Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Battery Energy Storage System (ESS) Manufacturing Cost Analysis
17.1 Battery Energy Storage System (ESS) Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Battery Energy Storage System (ESS)
17.4 Battery Energy Storage System (ESS) Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Battery Energy Storage System (ESS) Distributors List
18.3 Battery Energy Storage System (ESS) Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Battery Energy Storage System (ESS) (2023-2032)
20.2 Global Forecasted Revenue of Battery Energy Storage System (ESS) (2023-2032)
20.3 Global Forecasted Price of Battery Energy Storage System (ESS) (2017-2032)
20.4 Global Forecasted Production of Battery Energy Storage System (ESS) by Region (2023-2032)
20.4.1 North America Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.3 Europe Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.7 Africa Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.9 South America Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Battery Energy Storage System (ESS) Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Battery Energy Storage System (ESS) by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.2 East Asia Market Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.3 Europe Market Forecasted Consumption of Battery Energy Storage System (ESS) by Countriy
21.4 South Asia Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.5 Southeast Asia Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.6 Middle East Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.7 Africa Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.8 Oceania Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.9 South America Forecasted Consumption of Battery Energy Storage System (ESS) by Country
21.10 Rest of the world Forecasted Consumption of Battery Energy Storage System (ESS) by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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