Battery Energy Storage System Market By Battery Type, By Connection type, By Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

Battery energy storage systems are devices that enable energy from renewables, like solar and wind, to be stored and then released when customers need power most. The growth of the battery energy storage system market is majorly driven by increase in demand for renewable energy sources along with rise in concerns among the governments of several nations about the adverse effects climate change. A rapid shift toward low carbon energy generation is witnessed round the globe which plays a vital role fuels the growth of the battery energy storage system market. However, high capital expenditure required for installing battery energy storage systems is acting as a prime restraint of the battery energy storage system market. On the contrary, rise in number of rural electrification projects worldwide is anticipated to provide lucrative opportunities for the measurement and test equipment industry during the forecast period.

The battery energy storage system market is segmented on the basis of battery type, connection type, application, behind the meter type, industrial type and region. By battery type, the market is divided into lithium ion, lead acid, flow batteries and others. The connection type segment is bifurcated on grid and off grid. By application, the market is analyzed across front of the meter and behind the meter. The behind the meter segmented is further divided into commercial, industrial and residential. The industrial segment is divided into manufacturing, automotive and others.

Region wise, the measurement and testing market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

The key players operating in the market include battery energy storage system market players, such as EnerSys, BYD Company Limited, EVE Energy Co., Ltd., Siemens AG, LG Energy Solutions Co., Ltd., Kokam, Narada Asia Pacific Pte. Ltd., ABB Ltd., Tesla, Fluence Energy, Inc., General Electric, TotalEnergies, Tata Power Company Limited, Samsung SDI Co., Ltd., Nissan Motor Co., Ltd., VRB Energy and Black & Veatch Holding Company.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the battery energy storage system market analysis from 2021 to 2031 to identify the prevailing battery energy storage system market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the battery energy storage system market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global battery energy storage system market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Battery Type

Lithium ion
Lead acid
Flow batteries
Others

By Connection type

On grid
Off grid

By Application

Front of the meter
Behind the meter
- End User
- Commercial
- Industrial
- Residential

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Netherlands
- Belgium
- Poland
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Thailand
- Philippines
- Indonesia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- ABB
- SAMSUNG SDI Co., Ltd.
- Black & Veatch
- BYD Company Limited
- Enersys
- EVE Energy Co., Ltd.
- Fluence Corporation
- GE
- Kokam
- LG Energy Solutions Co., Ltd.
- Narada
- Nissan
- Siemens Energy
- Tata Power
- Total
- Tesla
- VRB Energy

Product Code: A17233

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: BATTERY ENERGY STORAGE SYSTEM MARKET, BY BATTERY TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 Lithium ion
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 Lead acid
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
4.4 Flow batteries
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
4.5 Others
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country

CHAPTER 5: BATTERY ENERGY STORAGE SYSTEM MARKET, BY CONNECTION TYPE

5.1 Overview
- 5.1.1 Market size and forecast
5.2 On grid
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 Off grid
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country

CHAPTER 6: BATTERY ENERGY STORAGE SYSTEM MARKET, BY APPLICATION

6.1 Overview
- 6.1.1 Market size and forecast
6.2 Front of the meter
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
6.3 Behind the meter
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.3.4 Behind the meter Battery Energy Storage System Market by End User
  - 6.3.4.1 Commercial Market size and forecast, by region
  - 6.3.4.2 Industrial Market size and forecast, by region
  - 6.3.4.3 Residential Market size and forecast, by region

CHAPTER 7: BATTERY ENERGY STORAGE SYSTEM MARKET, BY REGION

7.1 Overview
- 7.1.1 Market size and forecast
7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Battery Type
- 7.2.3 North America Market size and forecast, by Connection type
- 7.2.4 North America Market size and forecast, by Application
  - 7.2.4.1 North America Behind the meter Battery Energy Storage System Market by End User
- 7.2.5 North America Market size and forecast, by country
  - 7.2.5.1 U.S.
  - 7.2.5.1.1 Market size and forecast, by Battery Type
  - 7.2.5.1.2 Market size and forecast, by Connection type
  - 7.2.5.1.3 Market size and forecast, by Application
  - 7.2.5.2 Canada
  - 7.2.5.2.1 Market size and forecast, by Battery Type
  - 7.2.5.2.2 Market size and forecast, by Connection type
  - 7.2.5.2.3 Market size and forecast, by Application
  - 7.2.5.3 Mexico
  - 7.2.5.3.1 Market size and forecast, by Battery Type
  - 7.2.5.3.2 Market size and forecast, by Connection type
  - 7.2.5.3.3 Market size and forecast, by Application
7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Battery Type
- 7.3.3 Europe Market size and forecast, by Connection type
- 7.3.4 Europe Market size and forecast, by Application
  - 7.3.4.1 Europe Behind the meter Battery Energy Storage System Market by End User
- 7.3.5 Europe Market size and forecast, by country
  - 7.3.5.1 U.K.
  - 7.3.5.1.1 Market size and forecast, by Battery Type
  - 7.3.5.1.2 Market size and forecast, by Connection type
  - 7.3.5.1.3 Market size and forecast, by Application
  - 7.3.5.2 Germany
  - 7.3.5.2.1 Market size and forecast, by Battery Type
  - 7.3.5.2.2 Market size and forecast, by Connection type
  - 7.3.5.2.3 Market size and forecast, by Application
  - 7.3.5.3 France
  - 7.3.5.3.1 Market size and forecast, by Battery Type
  - 7.3.5.3.2 Market size and forecast, by Connection type
  - 7.3.5.3.3 Market size and forecast, by Application
  - 7.3.5.4 Italy
  - 7.3.5.4.1 Market size and forecast, by Battery Type
  - 7.3.5.4.2 Market size and forecast, by Connection type
  - 7.3.5.4.3 Market size and forecast, by Application
  - 7.3.5.5 Spain
  - 7.3.5.5.1 Market size and forecast, by Battery Type
  - 7.3.5.5.2 Market size and forecast, by Connection type
  - 7.3.5.5.3 Market size and forecast, by Application
  - 7.3.5.6 Russia
  - 7.3.5.6.1 Market size and forecast, by Battery Type
  - 7.3.5.6.2 Market size and forecast, by Connection type
  - 7.3.5.6.3 Market size and forecast, by Application
  - 7.3.5.7 Netherlands
  - 7.3.5.7.1 Market size and forecast, by Battery Type
  - 7.3.5.7.2 Market size and forecast, by Connection type
  - 7.3.5.7.3 Market size and forecast, by Application
  - 7.3.5.8 Belgium
  - 7.3.5.8.1 Market size and forecast, by Battery Type
  - 7.3.5.8.2 Market size and forecast, by Connection type
  - 7.3.5.8.3 Market size and forecast, by Application
  - 7.3.5.9 Poland
  - 7.3.5.9.1 Market size and forecast, by Battery Type
  - 7.3.5.9.2 Market size and forecast, by Connection type
  - 7.3.5.9.3 Market size and forecast, by Application
  - 7.3.5.10 Rest of Europe
  - 7.3.5.10.1 Market size and forecast, by Battery Type
  - 7.3.5.10.2 Market size and forecast, by Connection type
  - 7.3.5.10.3 Market size and forecast, by Application
7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Battery Type
- 7.4.3 Asia-Pacific Market size and forecast, by Connection type
- 7.4.4 Asia-Pacific Market size and forecast, by Application
  - 7.4.4.1 Asia-Pacific Behind the meter Battery Energy Storage System Market by End User
- 7.4.5 Asia-Pacific Market size and forecast, by country
  - 7.4.5.1 China
  - 7.4.5.1.1 Market size and forecast, by Battery Type
  - 7.4.5.1.2 Market size and forecast, by Connection type
  - 7.4.5.1.3 Market size and forecast, by Application
  - 7.4.5.2 Japan
  - 7.4.5.2.1 Market size and forecast, by Battery Type
  - 7.4.5.2.2 Market size and forecast, by Connection type
  - 7.4.5.2.3 Market size and forecast, by Application
  - 7.4.5.3 India
  - 7.4.5.3.1 Market size and forecast, by Battery Type
  - 7.4.5.3.2 Market size and forecast, by Connection type
  - 7.4.5.3.3 Market size and forecast, by Application
  - 7.4.5.4 South Korea
  - 7.4.5.4.1 Market size and forecast, by Battery Type
  - 7.4.5.4.2 Market size and forecast, by Connection type
  - 7.4.5.4.3 Market size and forecast, by Application
  - 7.4.5.5 Australia
  - 7.4.5.5.1 Market size and forecast, by Battery Type
  - 7.4.5.5.2 Market size and forecast, by Connection type
  - 7.4.5.5.3 Market size and forecast, by Application
  - 7.4.5.6 Malaysia
  - 7.4.5.6.1 Market size and forecast, by Battery Type
  - 7.4.5.6.2 Market size and forecast, by Connection type
  - 7.4.5.6.3 Market size and forecast, by Application
  - 7.4.5.7 Thailand
  - 7.4.5.7.1 Market size and forecast, by Battery Type
  - 7.4.5.7.2 Market size and forecast, by Connection type
  - 7.4.5.7.3 Market size and forecast, by Application
  - 7.4.5.8 Philippines
  - 7.4.5.8.1 Market size and forecast, by Battery Type
  - 7.4.5.8.2 Market size and forecast, by Connection type
  - 7.4.5.8.3 Market size and forecast, by Application
  - 7.4.5.9 Indonesia
  - 7.4.5.9.1 Market size and forecast, by Battery Type
  - 7.4.5.9.2 Market size and forecast, by Connection type
  - 7.4.5.9.3 Market size and forecast, by Application
  - 7.4.5.10 Rest of Asia-Pacific
  - 7.4.5.10.1 Market size and forecast, by Battery Type
  - 7.4.5.10.2 Market size and forecast, by Connection type
  - 7.4.5.10.3 Market size and forecast, by Application
7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Battery Type
- 7.5.3 LAMEA Market size and forecast, by Connection type
- 7.5.4 LAMEA Market size and forecast, by Application
  - 7.5.4.1 LAMEA Behind the meter Battery Energy Storage System Market by End User
- 7.5.5 LAMEA Market size and forecast, by country
  - 7.5.5.1 Latin America
  - 7.5.5.1.1 Market size and forecast, by Battery Type
  - 7.5.5.1.2 Market size and forecast, by Connection type
  - 7.5.5.1.3 Market size and forecast, by Application
  - 7.5.5.2 Middle East
  - 7.5.5.2.1 Market size and forecast, by Battery Type
  - 7.5.5.2.2 Market size and forecast, by Connection type
  - 7.5.5.2.3 Market size and forecast, by Application
  - 7.5.5.3 Africa
  - 7.5.5.3.1 Market size and forecast, by Battery Type
  - 7.5.5.3.2 Market size and forecast, by Connection type
  - 7.5.5.3.3 Market size and forecast, by Application

CHAPTER 8: COMPANY LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES

9.1 ABB
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
9.2 SAMSUNG SDI Co., Ltd.
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
9.3 Black & Veatch
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
9.4 BYD Company Limited
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
9.5 Enersys
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
9.6 EVE Energy Co., Ltd.
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
9.7 Fluence Corporation
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
9.8 GE
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
9.9 Kokam
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
9.10 LG Energy Solutions Co., Ltd.
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments
9.11 Narada
- 9.11.1 Company overview
- 9.11.2 Company snapshot
- 9.11.3 Operating business segments
- 9.11.4 Product portfolio
- 9.11.5 Business performance
- 9.11.6 Key strategic moves and developments
9.12 Nissan
- 9.12.1 Company overview
- 9.12.2 Company snapshot
- 9.12.3 Operating business segments
- 9.12.4 Product portfolio
- 9.12.5 Business performance
- 9.12.6 Key strategic moves and developments
9.13 Siemens Energy
- 9.13.1 Company overview
- 9.13.2 Company snapshot
- 9.13.3 Operating business segments
- 9.13.4 Product portfolio
- 9.13.5 Business performance
- 9.13.6 Key strategic moves and developments
9.14 Tata Power
- 9.14.1 Company overview
- 9.14.2 Company snapshot
- 9.14.3 Operating business segments
- 9.14.4 Product portfolio
- 9.14.5 Business performance
- 9.14.6 Key strategic moves and developments
9.15 Total
- 9.15.1 Company overview
- 9.15.2 Company snapshot
- 9.15.3 Operating business segments
- 9.15.4 Product portfolio
- 9.15.5 Business performance
- 9.15.6 Key strategic moves and developments
9.16 Tesla
- 9.16.1 Company overview
- 9.16.2 Company snapshot
- 9.16.3 Operating business segments
- 9.16.4 Product portfolio
- 9.16.5 Business performance
- 9.16.6 Key strategic moves and developments
9.17 VRB Energy
- 9.17.1 Company overview
- 9.17.2 Company snapshot
- 9.17.3 Operating business segments
- 9.17.4 Product portfolio
- 9.17.5 Business performance
- 9.17.6 Key strategic moves and developments