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Global Battery Energy Storage Systems Market Research Report 2024
Synopsis
A battery energy storage system is a system that stores energy via the use of a battery technology for it to be used at a later time.
The global Battery Energy Storage Systems market was valued at US$ 2099.5 million in 2023 and is anticipated to reach US$ 11830 million by 2030, witnessing a CAGR of 27.5% during the forecast period 2024-2030.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 63% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
This report aims to provide a comprehensive presentation of the global market for Battery Energy Storage Systems, 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 Battery Energy Storage Systems.
Report Scope
The Battery Energy Storage Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Battery Energy Storage Systems 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 Battery Energy Storage Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
LG Chem
NEC
Panasonic
Samsung SDI
AEG Power Solutions
General Electric
Hitachi
Siemens AG
Tesla
The Aes Corporation
Alevo Group
Exergonix
Corvus Energy
East Penn Manufacturing
Enerdel
MHI
NGK Insulators
Toshiba
Trinabess
Segment by Type
Secondary Batteries
Flow Batteries
Others
Segment by Application
Residential
Non-Residential
Utilities
Other Applications
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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: Detailed analysis of Battery Energy Storage Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Battery Energy Storage Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Battery Energy Storage Systems in regional level and country level. 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
A battery energy storage system is a system that stores energy via the use of a battery technology for it to be used at a later time.
The global Battery Energy Storage Systems market was valued at US$ 2099.5 million in 2023 and is anticipated to reach US$ 11830 million by 2030, witnessing a CAGR of 27.5% during the forecast period 2024-2030.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 63% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
This report aims to provide a comprehensive presentation of the global market for Battery Energy Storage Systems, 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 Battery Energy Storage Systems.
Report Scope
The Battery Energy Storage Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Battery Energy Storage Systems 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 Battery Energy Storage Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
LG Chem
NEC
Panasonic
Samsung SDI
AEG Power Solutions
General Electric
Hitachi
Siemens AG
Tesla
The Aes Corporation
Alevo Group
Exergonix
Corvus Energy
East Penn Manufacturing
Enerdel
MHI
NGK Insulators
Toshiba
Trinabess
Segment by Type
Secondary Batteries
Flow Batteries
Others
Segment by Application
Residential
Non-Residential
Utilities
Other Applications
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by 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: Detailed analysis of Battery Energy Storage Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Battery Energy Storage Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Battery Energy Storage Systems in regional level and country level. 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 production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
Index1 Battery Energy Storage Systems Market Overview
1.1 Product Definition
1.2 Battery Energy Storage Systems Segment by Type
1.2.1 Global Battery Energy Storage Systems Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Secondary Batteries
1.2.3 Flow Batteries
1.2.4 Others
1.3 Battery Energy Storage Systems Segment by Application
1.3.1 Global Battery Energy Storage Systems Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Non-Residential
1.3.4 Utilities
1.3.5 Other Applications
1.4 Global Market Growth Prospects
1.4.1 Global Battery Energy Storage Systems Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Battery Energy Storage Systems Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Battery Energy Storage Systems Production Estimates and Forecasts (2019-2030)
1.4.4 Global Battery Energy Storage Systems Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Battery Energy Storage Systems Production Market Share by Manufacturers (2019-2024)
2.2 Global Battery Energy Storage Systems Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Battery Energy Storage Systems, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Battery Energy Storage Systems Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Battery Energy Storage Systems Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Battery Energy Storage Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Battery Energy Storage Systems, Product Offered and Application
2.8 Global Key Manufacturers of Battery Energy Storage Systems, Date of Enter into This Industry
2.9 Battery Energy Storage Systems Market Competitive Situation and Trends
2.9.1 Battery Energy Storage Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Battery Energy Storage Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Battery Energy Storage Systems Production by Region
3.1 Global Battery Energy Storage Systems Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Battery Energy Storage Systems Production Value by Region (2019-2030)
3.2.1 Global Battery Energy Storage Systems Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Battery Energy Storage Systems by Region (2025-2030)
3.3 Global Battery Energy Storage Systems Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Battery Energy Storage Systems Production by Region (2019-2030)
3.4.1 Global Battery Energy Storage Systems Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Battery Energy Storage Systems by Region (2025-2030)
3.5 Global Battery Energy Storage Systems Market Price Analysis by Region (2019-2024)
3.6 Global Battery Energy Storage Systems Production and Value, Year-over-Year Growth
3.6.1 North America Battery Energy Storage Systems Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Battery Energy Storage Systems Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Battery Energy Storage Systems Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Battery Energy Storage Systems Production Value Estimates and Forecasts (2019-2030)
4 Battery Energy Storage Systems Consumption by Region
4.1 Global Battery Energy Storage Systems Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Battery Energy Storage Systems Consumption by Region (2019-2030)
4.2.1 Global Battery Energy Storage Systems Consumption by Region (2019-2024)
4.2.2 Global Battery Energy Storage Systems Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Battery Energy Storage Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Battery Energy Storage Systems Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Battery Energy Storage Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Battery Energy Storage Systems Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Battery Energy Storage Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Battery Energy Storage Systems Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Battery Energy Storage Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Battery Energy Storage Systems Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Battery Energy Storage Systems Production by Type (2019-2030)
5.1.1 Global Battery Energy Storage Systems Production by Type (2019-2024)
5.1.2 Global Battery Energy Storage Systems Production by Type (2025-2030)
5.1.3 Global Battery Energy Storage Systems Production Market Share by Type (2019-2030)
5.2 Global Battery Energy Storage Systems Production Value by Type (2019-2030)
5.2.1 Global Battery Energy Storage Systems Production Value by Type (2019-2024)
5.2.2 Global Battery Energy Storage Systems Production Value by Type (2025-2030)
5.2.3 Global Battery Energy Storage Systems Production Value Market Share by Type (2019-2030)
5.3 Global Battery Energy Storage Systems Price by Type (2019-2030)
6 Segment by Application
6.1 Global Battery Energy Storage Systems Production by Application (2019-2030)
6.1.1 Global Battery Energy Storage Systems Production by Application (2019-2024)
6.1.2 Global Battery Energy Storage Systems Production by Application (2025-2030)
6.1.3 Global Battery Energy Storage Systems Production Market Share by Application (2019-2030)
6.2 Global Battery Energy Storage Systems Production Value by Application (2019-2030)
6.2.1 Global Battery Energy Storage Systems Production Value by Application (2019-2024)
6.2.2 Global Battery Energy Storage Systems Production Value by Application (2025-2030)
6.2.3 Global Battery Energy Storage Systems Production Value Market Share by Application (2019-2030)
6.3 Global Battery Energy Storage Systems Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Battery Energy Storage Systems Corporation Information
7.1.2 ABB Battery Energy Storage Systems Product Portfolio
7.1.3 ABB Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 LG Chem
7.2.1 LG Chem Battery Energy Storage Systems Corporation Information
7.2.2 LG Chem Battery Energy Storage Systems Product Portfolio
7.2.3 LG Chem Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.2.4 LG Chem Main Business and Markets Served
7.2.5 LG Chem Recent Developments/Updates
7.3 NEC
7.3.1 NEC Battery Energy Storage Systems Corporation Information
7.3.2 NEC Battery Energy Storage Systems Product Portfolio
7.3.3 NEC Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.3.4 NEC Main Business and Markets Served
7.3.5 NEC Recent Developments/Updates
7.4 Panasonic
7.4.1 Panasonic Battery Energy Storage Systems Corporation Information
7.4.2 Panasonic Battery Energy Storage Systems Product Portfolio
7.4.3 Panasonic Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Panasonic Main Business and Markets Served
7.4.5 Panasonic Recent Developments/Updates
7.5 Samsung SDI
7.5.1 Samsung SDI Battery Energy Storage Systems Corporation Information
7.5.2 Samsung SDI Battery Energy Storage Systems Product Portfolio
7.5.3 Samsung SDI Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Samsung SDI Main Business and Markets Served
7.5.5 Samsung SDI Recent Developments/Updates
7.6 AEG Power Solutions
7.6.1 AEG Power Solutions Battery Energy Storage Systems Corporation Information
7.6.2 AEG Power Solutions Battery Energy Storage Systems Product Portfolio
7.6.3 AEG Power Solutions Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.6.4 AEG Power Solutions Main Business and Markets Served
7.6.5 AEG Power Solutions Recent Developments/Updates
7.7 General Electric
7.7.1 General Electric Battery Energy Storage Systems Corporation Information
7.7.2 General Electric Battery Energy Storage Systems Product Portfolio
7.7.3 General Electric Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.7.4 General Electric Main Business and Markets Served
7.7.5 General Electric Recent Developments/Updates
7.8 Hitachi
7.8.1 Hitachi Battery Energy Storage Systems Corporation Information
7.8.2 Hitachi Battery Energy Storage Systems Product Portfolio
7.8.3 Hitachi Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hitachi Main Business and Markets Served
7.7.5 Hitachi Recent Developments/Updates
7.9 Siemens AG
7.9.1 Siemens AG Battery Energy Storage Systems Corporation Information
7.9.2 Siemens AG Battery Energy Storage Systems Product Portfolio
7.9.3 Siemens AG Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Siemens AG Main Business and Markets Served
7.9.5 Siemens AG Recent Developments/Updates
7.10 Tesla
7.10.1 Tesla Battery Energy Storage Systems Corporation Information
7.10.2 Tesla Battery Energy Storage Systems Product Portfolio
7.10.3 Tesla Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Tesla Main Business and Markets Served
7.10.5 Tesla Recent Developments/Updates
7.11 The Aes Corporation
7.11.1 The Aes Corporation Battery Energy Storage Systems Corporation Information
7.11.2 The Aes Corporation Battery Energy Storage Systems Product Portfolio
7.11.3 The Aes Corporation Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.11.4 The Aes Corporation Main Business and Markets Served
7.11.5 The Aes Corporation Recent Developments/Updates
7.12 Alevo Group
7.12.1 Alevo Group Battery Energy Storage Systems Corporation Information
7.12.2 Alevo Group Battery Energy Storage Systems Product Portfolio
7.12.3 Alevo Group Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Alevo Group Main Business and Markets Served
7.12.5 Alevo Group Recent Developments/Updates
7.13 Exergonix
7.13.1 Exergonix Battery Energy Storage Systems Corporation Information
7.13.2 Exergonix Battery Energy Storage Systems Product Portfolio
7.13.3 Exergonix Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Exergonix Main Business and Markets Served
7.13.5 Exergonix Recent Developments/Updates
7.14 Corvus Energy
7.14.1 Corvus Energy Battery Energy Storage Systems Corporation Information
7.14.2 Corvus Energy Battery Energy Storage Systems Product Portfolio
7.14.3 Corvus Energy Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Corvus Energy Main Business and Markets Served
7.14.5 Corvus Energy Recent Developments/Updates
7.15 East Penn Manufacturing
7.15.1 East Penn Manufacturing Battery Energy Storage Systems Corporation Information
7.15.2 East Penn Manufacturing Battery Energy Storage Systems Product Portfolio
7.15.3 East Penn Manufacturing Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.15.4 East Penn Manufacturing Main Business and Markets Served
7.15.5 East Penn Manufacturing Recent Developments/Updates
7.16 Enerdel
7.16.1 Enerdel Battery Energy Storage Systems Corporation Information
7.16.2 Enerdel Battery Energy Storage Systems Product Portfolio
7.16.3 Enerdel Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Enerdel Main Business and Markets Served
7.16.5 Enerdel Recent Developments/Updates
7.17 MHI
7.17.1 MHI Battery Energy Storage Systems Corporation Information
7.17.2 MHI Battery Energy Storage Systems Product Portfolio
7.17.3 MHI Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.17.4 MHI Main Business and Markets Served
7.17.5 MHI Recent Developments/Updates
7.18 NGK Insulators
7.18.1 NGK Insulators Battery Energy Storage Systems Corporation Information
7.18.2 NGK Insulators Battery Energy Storage Systems Product Portfolio
7.18.3 NGK Insulators Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.18.4 NGK Insulators Main Business and Markets Served
7.18.5 NGK Insulators Recent Developments/Updates
7.19 Toshiba
7.19.1 Toshiba Battery Energy Storage Systems Corporation Information
7.19.2 Toshiba Battery Energy Storage Systems Product Portfolio
7.19.3 Toshiba Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Toshiba Main Business and Markets Served
7.19.5 Toshiba Recent Developments/Updates
7.20 Trinabess
7.20.1 Trinabess Battery Energy Storage Systems Corporation Information
7.20.2 Trinabess Battery Energy Storage Systems Product Portfolio
7.20.3 Trinabess Battery Energy Storage Systems Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Trinabess Main Business and Markets Served
7.20.5 Trinabess Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Battery Energy Storage Systems Industry Chain Analysis
8.2 Battery Energy Storage Systems Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Battery Energy Storage Systems Production Mode & Process
8.4 Battery Energy Storage Systems Sales and Marketing
8.4.1 Battery Energy Storage Systems Sales Channels
8.4.2 Battery Energy Storage Systems Distributors
8.5 Battery Energy Storage Systems Customers
9 Battery Energy Storage Systems Market Dynamics
9.1 Battery Energy Storage Systems Industry Trends
9.2 Battery Energy Storage Systems Market Drivers
9.3 Battery Energy Storage Systems Market Challenges
9.4 Battery Energy Storage Systems Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of TablesList of Tables
Table 1. Global Battery Energy Storage Systems Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Battery Energy Storage Systems Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Battery Energy Storage Systems Production Capacity (K Units) by Manufacturers in 2023
Table 4. Global Battery Energy Storage Systems Production by Manufacturers (2019-2024) & (K Units)
Table 5. Global Battery Energy Storage Systems Production Market Share by Manufacturers (2019-2024)
Table 6. Global Battery Energy Storage Systems Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 7. Global Battery Energy Storage Systems Production Value Share by Manufacturers (2019-2024)
Table 8. Global Battery Energy Storage Systems Industry Ranking 2022 VS 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Battery Energy Storage Systems as of 2023)
Table 10. Global Market Battery Energy Storage Systems Average Price by Manufacturers (USD/Unit) & (2019-2024)
Table 11. Manufacturers Battery Energy Storage Systems Production Sites and Area Served
Table 12. Manufacturers Battery Energy Storage Systems Product Types
Table 13. Global Battery Energy Storage Systems Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion
Table 15. Global Battery Energy Storage Systems Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 16. Global Battery Energy Storage Systems Production Value (US$ Million) by Region (2019-2024)
Table 17. Global Battery Energy Storage Systems Production Value Market Share by Region (2019-2024)
Table 18. Global Battery Energy Storage Systems Production Value (US$ Million) Forecast by Region (2025-2030)
Table 19. Global Battery Energy Storage Systems Production Value Market Share Forecast by Region (2025-2030)
Table 20. Global Battery Energy Storage Systems Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
Table 21. Global Battery Energy Storage Systems Production (K Units) by Region (2019-2024)
Table 22. Global Battery Energy Storage Systems Production Market Share by Region (2019-2024)
Table 23. Global Battery Energy Storage Systems Production (K Units) Forecast by Region (2025-2030)
Table 24. Global Battery Energy Storage Systems Production Market Share Forecast by Region (2025-2030)
Table 25. Global Battery Energy Storage Systems Market Average Price (USD/Unit) by Region (2019-2024)
Table 26. Global Battery Energy Storage Systems Market Average Price (USD/Unit) by Region (2025-2030)
Table 27. Global Battery Energy Storage Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K Units)
Table 28. Global Battery Energy Storage Systems Consumption by Region (2019-2024) & (K Units)
Table 29. Global Battery Energy Storage Systems Consumption Market Share by Region (2019-2024)
Table 30. Global Battery Energy Storage Systems Forecasted Consumption by Region (2025-2030) & (K Units)
Table 31. Global Battery Energy Storage Systems Forecasted Consumption Market Share by Region (2019-2024)
Table 32. North America Battery Energy Storage Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 33. North America Battery Energy Storage Systems Consumption by Country (2019-2024) & (K Units)
Table 34. North America Battery Energy Storage Systems Consumption by Country (2025-2030) & (K Units)
Table 35. Europe Battery Energy Storage Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 36. Europe Battery Energy Storage Systems Consumption by Country (2019-2024) & (K Units)
Table 37. Europe Battery Energy Storage Systems Consumption by Country (2025-2030) & (K Units)
Table 38. Asia Pacific Battery Energy Storage Systems Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K Units)
Table 39. Asia Pacific Battery Energy Storage Systems Consumption by Region (2019-2024) & (K Units)
Table 40. Asia Pacific Battery Energy Storage Systems Consumption by Region (2025-2030) & (K Units)
Table 41. Latin America, Middle East & Africa Battery Energy Storage Systems Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 42. Latin America, Middle East & Africa Battery Energy Storage Systems Consumption by Country (2019-2024) & (K Units)
Table 43. Latin America, Middle East & Africa Battery Energy Storage Systems Consumption by Country (2025-2030) & (K Units)
Table 44. Global Battery Energy Storage Systems Production (K Units) by Type (2019-2024)
Table 45. Global Battery Energy Storage Systems Production (K Units) by Type (2025-2030)
Table 46. Global Battery Energy Storage Systems Production Market Share by Type (2019-2024)
Table 47. Global Battery Energy Storage Systems Production Market Share by Type (2025-2030)
Table 48. Global Battery Energy Storage Systems Production Value (US$ Million) by Type (2019-2024)
Table 49. Global Battery Energy Storage Systems Production Value (US$ Million) by Type (2025-2030)
Table 50. Global Battery Energy Storage Systems Production Value Share by Type (2019-2024)
Table 51. Global Battery Energy Storage Systems Production Value Share by Type (2025-2030)
Table 52. Global Battery Energy Storage Systems Price (USD/Unit) by Type (2019-2024)
Table 53. Global Battery Energy Storage Systems Price (USD/Unit) by Type (2025-2030)
Table 54. Global Battery Energy Storage Systems Production (K Units) by Application (2019-2024)
Table 55. Global Battery Energy Storage Systems Production (K Units) by Application (2025-2030)
Table 56. Global Battery Energy Storage Systems Production Market Share by Application (2019-2024)
Table 57. Global Battery Energy Storage Systems Production Market Share by Application (2025-2030)
Table 58. Global Battery Energy Storage Systems Production Value (US$ Million) by Application (2019-2024)
Table 59. Global Battery Energy Storage Systems Production Value (US$ Million) by Application (2025-2030)
Table 60. Global Battery Energy Storage Systems Production Value Share by Application (2019-2024)
Table 61. Global Battery Energy Storage Systems Production Value Share by Application (2025-2030)
Table 62. Global Battery Energy Storage Systems Price (USD/Unit) by Application (2019-2024)
Table 63. Global Battery Energy Storage Systems Price (USD/Unit) by Application (2025-2030)
Table 64. ABB Battery Energy Storage Systems Corporation Information
Table 65. ABB Specification and Application
Table 66. ABB Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 67. ABB Main Business and Markets Served
Table 68. ABB Recent Developments/Updates
Table 69. LG Chem Battery Energy Storage Systems Corporation Information
Table 70. LG Chem Specification and Application
Table 71. LG Chem Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 72. LG Chem Main Business and Markets Served
Table 73. LG Chem Recent Developments/Updates
Table 74. NEC Battery Energy Storage Systems Corporation Information
Table 75. NEC Specification and Application
Table 76. NEC Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 77. NEC Main Business and Markets Served
Table 78. NEC Recent Developments/Updates
Table 79. Panasonic Battery Energy Storage Systems Corporation Information
Table 80. Panasonic Specification and Application
Table 81. Panasonic Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 82. Panasonic Main Business and Markets Served
Table 83. Panasonic Recent Developments/Updates
Table 84. Samsung SDI Battery Energy Storage Systems Corporation Information
Table 85. Samsung SDI Specification and Application
Table 86. Samsung SDI Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 87. Samsung SDI Main Business and Markets Served
Table 88. Samsung SDI Recent Developments/Updates
Table 89. AEG Power Solutions Battery Energy Storage Systems Corporation Information
Table 90. AEG Power Solutions Specification and Application
Table 91. AEG Power Solutions Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 92. AEG Power Solutions Main Business and Markets Served
Table 93. AEG Power Solutions Recent Developments/Updates
Table 94. General Electric Battery Energy Storage Systems Corporation Information
Table 95. General Electric Specification and Application
Table 96. General Electric Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 97. General Electric Main Business and Markets Served
Table 98. General Electric Recent Developments/Updates
Table 99. Hitachi Battery Energy Storage Systems Corporation Information
Table 100. Hitachi Specification and Application
Table 101. Hitachi Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 102. Hitachi Main Business and Markets Served
Table 103. Hitachi Recent Developments/Updates
Table 104. Siemens AG Battery Energy Storage Systems Corporation Information
Table 105. Siemens AG Specification and Application
Table 106. Siemens AG Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 107. Siemens AG Main Business and Markets Served
Table 108. Siemens AG Recent Developments/Updates
Table 109. Tesla Battery Energy Storage Systems Corporation Information
Table 110. Tesla Specification and Application
Table 111. Tesla Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 112. Tesla Main Business and Markets Served
Table 113. Tesla Recent Developments/Updates
Table 114. The Aes Corporation Battery Energy Storage Systems Corporation Information
Table 115. The Aes Corporation Specification and Application
Table 116. The Aes Corporation Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 117. The Aes Corporation Main Business and Markets Served
Table 118. The Aes Corporation Recent Developments/Updates
Table 119. Alevo Group Battery Energy Storage Systems Corporation Information
Table 120. Alevo Group Specification and Application
Table 121. Alevo Group Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 122. Alevo Group Main Business and Markets Served
Table 123. Alevo Group Recent Developments/Updates
Table 124. Exergonix Battery Energy Storage Systems Corporation Information
Table 125. Exergonix Specification and Application
Table 126. Exergonix Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 127. Exergonix Main Business and Markets Served
Table 128. Exergonix Recent Developments/Updates
Table 129. Corvus Energy Battery Energy Storage Systems Corporation Information
Table 130. Corvus Energy Specification and Application
Table 131. Corvus Energy Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 132. Corvus Energy Main Business and Markets Served
Table 133. Corvus Energy Recent Developments/Updates
Table 134. Corvus Energy Battery Energy Storage Systems Corporation Information
Table 135. East Penn Manufacturing Specification and Application
Table 136. East Penn Manufacturing Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 137. East Penn Manufacturing Main Business and Markets Served
Table 138. East Penn Manufacturing Recent Developments/Updates
Table 139. Enerdel Battery Energy Storage Systems Corporation Information
Table 140. Enerdel Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 141. Enerdel Main Business and Markets Served
Table 142. Enerdel Recent Developments/Updates
Table 143. MHI Battery Energy Storage Systems Corporation Information
Table 144. MHI Specification and Application
Table 145. MHI Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 146. MHI Main Business and Markets Served
Table 147. MHI Recent Developments/Updates
Table 148. NGK Insulators Battery Energy Storage Systems Corporation Information
Table 149. NGK Insulators Specification and Application
Table 150. NGK Insulators Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 151. NGK Insulators Main Business and Markets Served
Table 152. NGK Insulators Recent Developments/Updates
Table 153. Toshiba Battery Energy Storage Systems Corporation Information
Table 154. Toshiba Specification and Application
Table 155. Toshiba Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 156. Toshiba Main Business and Markets Served
Table 157. Toshiba Recent Developments/Updates
Table 158. Trinabess Battery Energy Storage Systems Corporation Information
Table 159. Trinabess Specification and Application
Table 160. Trinabess Battery Energy Storage Systems Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2019-2024)
Table 161. Trinabess Main Business and Markets Served
Table 162. Trinabess Recent Developments/Updates
Table 163. Key Raw Materials Lists
Table 164. Raw Materials Key Suppliers Lists
Table 165. Battery Energy Storage Systems Distributors List
Table 166. Battery Energy Storage Systems Customers List
Table 167. Battery Energy Storage Systems Market Trends
Table 168. Battery Energy Storage Systems Market Drivers
Table 169. Battery Energy Storage Systems Market Challenges
Table 170. Battery Energy Storage Systems Market Restraints
Table 171. Research Programs/Design for This Report
Table 172. Key Data Information from Secondary Sources
Table 173. Key Data Information from Primary Sources
List of Figures
Figure 1. Product Picture of Battery Energy Storage Systems
Figure 2. Global Battery Energy Storage Systems Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Battery Energy Storage Systems Market Share by Type: 2023 VS 2030
Figure 4. Secondary Batteries Product Picture
Figure 5. Flow Batteries Product Picture
Figure 6. Others Product Picture
Figure 7. Global Battery Energy Storage Systems Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 8. Global Battery Energy Storage Systems Market Share by Application: 2023 VS 2030
Figure 9. Residential
Figure 10. Non-Residential
Figure 11. Utilities
Figure 12. Other Applications
Figure 13. Global Battery Energy Storage Systems Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 14. Global Battery Energy Storage Systems Production Value (US$ Million) & (2019-2030)
Figure 15. Global Battery Energy Storage Systems Production (K Units) & (2019-2030)
Figure 16. Global Battery Energy Storage Systems Average Price (USD/Unit) & (2019-2030)
Figure 17. Battery Energy Storage Systems Report Years Considered
Figure 18. Battery Energy Storage Systems Production Share by Manufacturers in 2023
Figure 19. Battery Energy Storage Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 20. The Global 5 and 10 Largest Players: Market Share by Battery Energy Storage Systems Revenue in 2023
Figure 21. Global Battery Energy Storage Systems Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 22. Global Battery Energy Storage Systems Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 23. Global Battery Energy Storage Systems Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
Figure 24. Global Battery Energy Storage Systems Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 25. North America Battery Energy Storage Systems Production Value (US$ Million) Growth Rate (2019-2030)
Figure 26. Europe Battery Energy Storage Systems Production Value (US$ Million) Growth Rate (2019-2030)
Figure 27. China Battery Energy Storage Systems Production Value (US$ Million) Growth Rate (2019-2030)
Figure 28. Japan Battery Energy Storage Systems Production Value (US$ Million) Growth Rate (2019-2030)
Figure 29. Global Battery Energy Storage Systems Consumption by Region: 2019 VS 2023 VS 2030 (K Units)
Figure 30. Global Battery Energy Storage Systems Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 31. North America Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 32. North America Battery Energy Storage Systems Consumption Market Share by Country (2019-2030)
Figure 33. Canada Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 34. U.S. Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 35. Europe Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Battery Energy Storage Systems Consumption Market Share by Country (2019-2030)
Figure 37. Germany Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 38. France Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 39. U.K. Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 40. Italy Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 41. Russia Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 42. Asia Pacific Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 43. Asia Pacific Battery Energy Storage Systems Consumption Market Share by Regions (2019-2030)
Figure 44. China Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 45. Japan Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 46. South Korea Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 47. China Taiwan Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 48. Southeast Asia Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 49. India Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 50. Latin America, Middle East & Africa Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 51. Latin America, Middle East & Africa Battery Energy Storage Systems Consumption Market Share by Country (2019-2030)
Figure 52. Mexico Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 53. Brazil Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 54. Turkey Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 55. GCC Countries Battery Energy Storage Systems Consumption and Growth Rate (2019-2024) & (K Units)
Figure 56. Global Production Market Share of Battery Energy Storage Systems by Type (2019-2030)
Figure 57. Global Production Value Market Share of Battery Energy Storage Systems by Type (2019-2030)
Figure 58. Global Battery Energy Storage Systems Price (USD/Unit) by Type (2019-2030)
Figure 59. Global Production Market Share of Battery Energy Storage Systems by Application (2019-2030)
Figure 60. Global Production Value Market Share of Battery Energy Storage Systems by Application (2019-2030)
Figure 61. Global Battery Energy Storage Systems Price (USD/Unit) by Application (2019-2030)
Figure 62. Battery Energy Storage Systems Value Chain
Figure 63. Battery Energy Storage Systems Production Process
Figure 64. Channels of Distribution (Direct Vs Distribution)
Figure 65. Distributors Profiles
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data Triangulation
Published By : QY Research
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