Electro-Mechanical Energy Storage Systems Market, By Component, By Application, By End User, By Capacity Range, and By Power Source, By Country, and By Region - Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032

Description

REPORT HIGHLIGHT

Electro-Mechanical Energy Storage Systems Market size was valued at US$ 2,657 Million in 2024, expanding at a CAGR of 8.9% from 2025 to 2032.

Electro-mechanical energy storage systems (EMESS) are advanced technologies that seek to store energy in mechanical form, which can be converted back to electrical energy whenever required. EMESS uses many mechanical processes to capture & store energy, thus enabling efficient energy control and guaranteeing grid stability. EMESS helps maintain supply and demand balances in power systems, especially the growing dependence on renewable energy sources, which tend to be intermittent. By offering a way to accumulate surplus energy produced during times of peak production & release it at times of peak demand, EMESS increases the grid's reliability and enables the shift to a cleaner, more sustainable energy future.

Electro-Mechanical Energy Storage Systems Market- Market Dynamics

The Electro-Mechanical Energy Storage Systems market is spurred by the escalating integration of renewable energy sources, including wind & solar, into the energy mix, which requires efficient energy storage systems to manage variability and maintain grid stability. Moreover, incentives & policies provided by the government to curb carbon emissions are driving investments in energy storage technologies. The growing demand for electric vehicles (EVs) also increases the demand for advanced energy storage solutions, as EVs require effective battery systems to optimize their performance. The growing demand for smart grid technologies and energy management systems opens up a tremendous opportunity for EMESS to increase energy efficiency and reliability. Moreover, technological developments in the form of better materials and new designs will reduce prices and improve performance, making EMESS more economical. However, these systems have high upfront capital costs and regulatory complexities which is likely to hinder market growth.

Electro-Mechanical Energy Storage Systems Market- Key Insights

The pumped hydro storage segment is the largest market due to its proven technology and ability to store large amounts of energy.

The flywheel energy storage segment is projected to grow fastest propelled by its high response rates and growing use in grid stabilization.

North America leads the market due to heavy investments in renewable energy and favorable government policies.

The Asia-Pacific region is the fastest-growing market, driven by surging energy demands and growing investments in renewable energy infrastructure.

Grid-scale energy storage is the dominant application segment, with utilities looking to improve grid reliability and effectively use renewable energy sources.

Electro-Mechanical Energy Storage Systems Market- Segmentation Analysis:

The Global Electro-Mechanical Energy Storage Systems Market is segmented on the basis of Component, Application, End User, Capacity Range, and Power Source, and Region.

By application, the market is divided into grid-scale energy storage, residential energy storage, and transportation. The grid-scale energy storage is the largest segment in the market. This is due to the growing necessity for utilities to manage peak loads and incorporate renewable energy sources effectively. Grid-scale energy storage offers large-scale energy storage solutions that improve grid reliability and enable the integration of intermittent renewable energy sources. The most rapidly growing segment is residential energy storage due to the increase in the deployment of solar power systems in home environments, owing to homeowners being interested in realizing maximum energy independence and minimizing power bills. Widespread accessibility of cost-competitive battery storage technologies, such as lithium-ion batteries, is also increasing this segment's growth.

Based on end use, the market is further segmented into automotive industry, infrastructure, and utilities. Utilities accounted for the largest market share because of the imperative nature of utilities in balancing energy supply and demand, especially in light of rising renewable energy integration. Utilities invest heavily in energy storage technology to ensure a more stable and dependable grid. The importance of this industry is brought forth by the need for utilities to adapt to changing energy paradigms and deliver stable power supply to consumers. The highest-growing segment is the automotive industry, which is being stimulated by the fast-paced growth of electric vehicle (EV) penetration as manufacturers invest more and more in superior battery technologies to improve vehicle performance and range. The automotive industry's trend toward electrification is a key driver for demand for electro-mechanical energy storage systems, demonstrating this segment's relevance to the entire market.

Electro-Mechanical Energy Storage Systems Market- Geographical Insights

The electro-mechanical energy storage systems market is witnessing tremendous growth in different parts of the world, with the largest in North America. The region has strong investments in renewable energy infrastructure and favorable government policies to support energy storage solutions. The growing demand for grid reliability and integration of renewable energy sources stimulates the regional market. The prominent nations in this region are the United States and Canada, where there is growing momentum for energy efficiency improvement and carbon emissions reduction. The Asia-Pacific region has the most rapidly growing market driven by increasing energy needs, urbanization, and robust investments in renewable energy projects. The area of interest for developing smart grid technology and energy security in the region is crucial to spurring the adoption of electro-mechanical energy storage solutions and, hence, a significant future market to expand.

Electro-Mechanical Energy Storage Systems Market- Competitive Landscape:

Major players such as AES Corporation, ABB, and General Electric dominate the market for electro-mechanical energy storage systems. These companies aggressively follow the development of technology & collaborative partnerships to enhance their market presence. For instance, ABB has focused on integrating digital technology with energy storage solutions for more efficiency and reliability. Also, Siemens and AES's joint venture entity, Companies are utilizing its expertise in energy storage to offer tailored innovation solutions in line with the needs of utility and commercial customers. The competition is spurred by a growing focus on sustainability & shifting towards green energy, compelling firms to invest in research & development to design more efficient and cost-effective energy storage systems.

Recent Developments:

February 2024: Fluence announced an expansion of its Gridstack product line for energy storage, offering higher modularity & faster deployment. The expansion aims to meet the surging demand for flexible & scale-up energy storage for grid balancing & integrating renewable energy.

January 2024: AES Corporation and Hitachi Energy Ltd. formed a strategic partnership to speed up the rollout of high-end grid-scale battery energy storage systems. The two companies will work together on combining Hitachi Energy's grid technologies with AES's energy storage capabilities to provide end-to-end solutions for utilities and independent power producers.

September 2023: Duke Energy revealed the installation of a new battery energy storage system at its North Carolina, USA substation. The project involves using advanced grid control technologies and is intended to enhance grid resilience and reliability in the area.

August 2023: Furukawa Battery Co., Ltd. revealed that they have been increasing their production capacity for UltraBattery(R), targeting enhanced performance and lifespan for their lead-acid-based energy storage products.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL ELECTRO-MECHANICAL ENERGY STORAGE SYSTEMS MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

AES Corporation
ABB
Duracell, Inc.
Duke Energy
Furukawa Battery Co., Ltd.
Fluence
General Electric
Hitachi Energy Ltd.
Johnson Controls
LG Energy Solutions

GLOBAL ELECTRO-MECHANICAL ENERGY STORAGE SYSTEMS MARKET, BY COMPONENT TYPE- MARKET ANALYSIS, 2019 - 2032

Compressed Air
Electric Thermal
Flywheel
Pumped Hydro
Supercapacitors

GLOBAL ELECTRO-MECHANICAL ENERGY STORAGE SYSTEMS MARKET, BY APPLICATION- MARKET ANALYSIS, 2019 - 2032

Grid-Scale Energy Storage
Residential Energy Storage
Transportation

GLOBAL ELECTRO-MECHANICAL ENERGY STORAGE SYSTEMS MARKET, BY END USER- MARKET ANALYSIS, 2019 - 2032

Automotive Industry
Infrastructure
Utilities

GLOBAL ELECTRO-MECHANICAL ENERGY STORAGE SYSTEMS MARKET, BY CAPACITY RANGE- MARKET ANALYSIS, 2019 - 2032

Large Scale
Medium Scale
Small Scale

GLOBAL ELECTRO-MECHANICAL ENERGY STORAGE SYSTEMS MARKET, BY POWER SOURCE- MARKET ANALYSIS, 2019 - 2032

Non-Renewable Sources
Renewable Sources

GLOBAL ELECTRO-MECHANICAL ENERGY STORAGE SYSTEMS MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA

Product Code: ANV4992

1. Electro-Mechanical Energy Storage Systems Market Overview

1.1. Study Scope
1.2. Market Estimation Years

2. Executive Summary

2.1. Market Snippet
- 2.1.1. Electro-Mechanical Energy Storage Systems Market Snippet By Component
- 2.1.2. Electro-Mechanical Energy Storage Systems Market Snippet by Application
- 2.1.3. Electro-Mechanical Energy Storage Systems Market Snippet By End User
- 2.1.4. Electro-Mechanical Energy Storage Systems Market Snippet By Capacity Range
- 2.1.5. Electro-Mechanical Energy Storage Systems Market Snippet By Power Source
- 2.1.6. Electro-Mechanical Energy Storage Systems Market Snippet by Country
- 2.1.7. Electro-Mechanical Energy Storage Systems Market Snippet by Region
2.2. Competitive Insights

3. Electro-Mechanical Energy Storage Systems Key Market Trends

3.1. Electro-Mechanical Energy Storage Systems Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
3.2. Electro-Mechanical Energy Storage Systems Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
3.3. Electro-Mechanical Energy Storage Systems Market Opportunities
3.4. Electro-Mechanical Energy Storage Systems Market Future Trends

4. Electro-Mechanical Energy Storage Systems Industry Study

4.1. PEST Analysis
4.2. Porter's Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis

5. Electro-Mechanical Energy Storage Systems Market: Impact of Escalating Geopolitical Tensions

5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts

6. Electro-Mechanical Energy Storage Systems Market Landscape

6.1. Electro-Mechanical Energy Storage Systems Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis

7. Electro-Mechanical Energy Storage Systems Market - By Component

7.1. Overview
- 7.1.1. Segment Share Analysis, By Component, 2024 & 2032 (%)
- 7.1.2. Compressed Air
- 7.1.3. Electric Thermal
- 7.1.4. Flywheel
- 7.1.5. Pumped Hydro
- 7.1.6. Supercapacitors

8. Electro-Mechanical Energy Storage Systems Market - By Application

8.1. Overview
- 8.1.1. Segment Share Analysis, By Application, 2024 & 2032 (%)
- 8.1.2. Grid-Scale Energy Storage
- 8.1.3. Residential Energy Storage
- 8.1.4. Transportation

9. Electro-Mechanical Energy Storage Systems Market - By End User

9.1. Overview
- 9.1.1. Segment Share Analysis, By End User, 2024 & 2032 (%)
- 9.1.2. Automotive Industry
- 9.1.3. Infrastructure
- 9.1.4. Utilities

10. Electro-Mechanical Energy Storage Systems Market - By Capacity Range

10.1. Overview
- 10.1.1. Segment Share Analysis, By Capacity Range, 2024 & 2032 (%)
- 10.1.2. Large Scale
- 10.1.3. Medium Scale
- 10.1.4. Small Scale

11. Electro-Mechanical Energy Storage Systems Market - By Power Source

11.1. Overview
- 11.1.1. Segment Share Analysis, By Power Source, 2024 & 2032 (%)
- 11.1.2. Non-Renewable Sources
- 11.1.3. Renewable Sources

12. Electro-Mechanical Energy Storage Systems Market- By Geography

12.1. Introduction
- 12.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
12.2. North America
- 12.2.1. Overview
- 12.2.2. Electro-Mechanical Energy Storage Systems Key Manufacturers in North America
- 12.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.2.4. North America Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.2.5. North America Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.2.6. North America Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.2.7. North America Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
- 12.2.8. North America Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.2.9. U.S.
  - 12.2.9.1. Overview
  - 12.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.2.9.3. U.S. Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.2.9.4. U.S. Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.2.9.5. U.S. Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.2.9.6. U.S. Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.2.9.7. U.S. Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.2.10. Canada
  - 12.2.10.1. Overview
  - 12.2.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.2.10.3. Canada Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.2.10.4. Canada Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.2.10.5. Canada Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.2.10.6. Canada Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.2.10.7. Canada Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
12.3. Europe
- 12.3.1. Overview
- 12.3.2. Electro-Mechanical Energy Storage Systems Key Manufacturers in Europe
- 12.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.3.4. Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.3.5. Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.3.6. Europe Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.3.7. Europe Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
- 12.3.8. Europe Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.9. Germany
  - 12.3.9.1. Overview
  - 12.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.9.3. Germany Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.9.4. Germany Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.9.5. Germany Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.9.6. Germany Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.9.7. Germany Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.10. UK
  - 12.3.10.1. Overview
  - 12.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.10.3. UK Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.10.4. UK Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.10.5. UK Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.10.6. UK Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.10.7. UK Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.11. France
  - 12.3.11.1. Overview
  - 12.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.11.3. France Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.11.4. France Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.11.5. France Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.11.6. France Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.11.7. France Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.12. Italy
  - 12.3.12.1. Overview
  - 12.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.12.3. Italy Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.12.4. Italy Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.12.5. Italy Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.12.6. Italy Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.12.7. Italy Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.13. Spain
  - 12.3.13.1. Overview
  - 12.3.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.13.3. Spain Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.13.4. Spain Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.13.5. Spain Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.13.6. Spain Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.13.7. Spain Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.14. The Netherlands
  - 12.3.14.1. Overview
  - 12.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.14.3. The Netherlands Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.14.4. The Netherlands Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.14.5. The Netherlands Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.14.6. The Netherlands Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.14.7. The Netherlands Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.15. Sweden
  - 12.3.15.1. Overview
  - 12.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.15.3. Sweden Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.15.4. Sweden Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.15.5. Sweden Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.15.6. Sweden Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.15.7. Sweden Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.16. Russia
  - 12.3.16.1. Overview
  - 12.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.16.3. Russia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.16.4. Russia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.16.5. Russia Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.16.6. Russia Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.16.7. Russia Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.17. Poland
  - 12.3.17.1. Overview
  - 12.3.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.17.3. Poland Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.17.4. Poland Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.17.5. Poland Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.17.6. Poland Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.17.7. Poland Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.3.18. Rest of Europe
  - 12.3.18.1. Overview
  - 12.3.18.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.3.18.3. Rest of the Europe Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.3.18.4. Rest of the Europe Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.3.18.5. Rest of the Europe Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.3.18.6. Rest of the Europe Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.3.18.7. Rest of the Europe Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
12.4. Asia Pacific (APAC)
- 12.4.1. Overview
- 12.4.2. Electro-Mechanical Energy Storage Systems Key Manufacturers in Asia Pacific
- 12.4.3. APAC Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.4.4. APAC Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.4.5. APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.4.6. APAC Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.4.7. APAC Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
- 12.4.8. APAC Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.9. China
  - 12.4.9.1. Overview
  - 12.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.9.3. China Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.9.4. China Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.9.5. China Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.9.6. China Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.9.7. China Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.10. India
  - 12.4.10.1. Overview
  - 12.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.10.3. India Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.10.4. India Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.10.5. India Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.10.6. India Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.10.7. India Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.11. Japan
  - 12.4.11.1. Overview
  - 12.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.11.3. Japan Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.11.4. Japan Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.11.5. Japan Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.11.6. Japan Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.11.7. Japan Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.12. South Korea
  - 12.4.12.1. Overview
  - 12.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.12.3. South Korea Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.12.4. South Korea Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.12.5. South Korea Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.12.6. South Korea Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.12.7. South Korea Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.13. Australia
  - 12.4.13.1. Overview
  - 12.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.13.3. Australia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.13.4. Australia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.13.5. Australia Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.13.6. Australia Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.13.7. Australia Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.14. Indonesia
  - 12.4.14.1. Overview
  - 12.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.14.3. Indonesia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.14.4. Indonesia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.14.5. Indonesia Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.14.6. Indonesia Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.14.7. Indonesia Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.15. Thailand
  - 12.4.15.1. Overview
  - 12.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.15.3. Thailand Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.15.4. Thailand Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.15.5. Thailand Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.15.6. Thailand Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.15.7. Thailand Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.16. Philippines
  - 12.4.16.1. Overview
  - 12.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.16.3. Philippines Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.16.4. Philippines Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.16.5. Philippines Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.16.6. Philippines Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.16.7. Philippines Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.4.17. Rest of APAC
  - 12.4.17.1. Overview
  - 12.4.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.4.17.3. Rest of APAC Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.4.17.4. Rest of APAC Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.4.17.5. Rest of APAC Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.4.17.6. Rest of APAC Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.4.17.7. Rest of APAC Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
12.5. Latin America (LATAM)
- 12.5.1. Overview
- 12.5.2. Electro-Mechanical Energy Storage Systems Key Manufacturers in Latin America
- 12.5.3. LATAM Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.5.4. LATAM Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.5.5. LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.5.6. LATAM Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.5.7. LATAM Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
- 12.5.8. LATAM Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.5.9. Brazil
  - 12.5.9.1. Overview
  - 12.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.5.9.3. Brazil Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.5.9.4. Brazil Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.5.9.5. Brazil Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.5.9.6. Brazil Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.5.9.7. Brazil Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.5.10. Mexico
  - 12.5.10.1. Overview
  - 12.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.5.10.3. Mexico Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.5.10.4. Mexico Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.5.10.5. Mexico Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.5.10.6. Mexico Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.5.10.7. Mexico Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.5.11. Argentina
  - 12.5.11.1. Overview
  - 12.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.5.11.3. Argentina Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.5.11.4. Argentina Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.5.11.5. Argentina Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.5.11.6. Argentina Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.5.11.7. Argentina Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.5.12. Colombia
  - 12.5.12.1. Overview
  - 12.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.5.12.3. Colombia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.5.12.4. Colombia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.5.12.5. Colombia Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.5.12.6. Colombia Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.5.12.7. Colombia Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.5.13. Rest of LATAM
  - 12.5.13.1. Overview
  - 12.5.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.5.13.3. Rest of LATAM Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.5.13.4. Rest of LATAM Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.5.13.5. Rest of LATAM Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.5.13.6. Rest of LATAM Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.5.13.7. Rest of LATAM Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
12.6. Middle East and Africa
- 12.6.1. Overview
- 12.6.2. Electro-Mechanical Energy Storage Systems Key Manufacturers in Middle East and Africa
- 12.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 12.6.4. Middle East and Africa Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
- 12.6.5. Middle East and Africa Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
- 12.6.6. Middle East and Africa Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
- 12.6.7. Middle East and Africa Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
- 12.6.8. Middle East and Africa Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.6.9. Saudi Arabia
  - 12.6.9.1. Overview
  - 12.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.6.9.3. Saudi Arabia Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.6.9.4. Saudi Arabia Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.6.9.5. Saudi Arabia Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.6.9.6. Saudi Arabia Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.6.9.7. Saudi Arabia Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.6.10. United Arab Emirates
  - 12.6.10.1. Overview
  - 12.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.6.10.3. United Arab Emirates Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.6.10.4. United Arab Emirates Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.6.10.5. United Arab Emirates Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.6.10.6. United Arab Emirates Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.6.10.7. United Arab Emirates Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.6.11. Israel
  - 12.6.11.1. Overview
  - 12.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.6.11.3. Israel Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.6.11.4. Israel Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.6.11.5. Israel Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.6.11.6. Israel Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.6.11.7. Israel Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.6.12. Turkey
  - 12.6.12.1. Overview
  - 12.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.6.12.3. Turkey Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.6.12.4. Turkey Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.6.12.5. Turkey Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.6.12.6. Turkey Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.6.12.7. Turkey Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.6.13. Algeria
  - 12.6.13.1. Overview
  - 12.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.6.13.3. Algeria Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.6.13.4. Algeria Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.6.13.5. Algeria Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.6.13.6. Algeria Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.6.13.7. Algeria Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.6.14. Egypt
  - 12.6.14.1. Overview
  - 12.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.6.14.3. Egypt Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.6.14.4. Egypt Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.6.14.5. Egypt Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.6.14.6. Egypt Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.6.14.7. Egypt Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)
- 12.6.15. Rest of MEA
  - 12.6.15.1. Overview
  - 12.6.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
  - 12.6.15.3. Rest of MEA Market Size and Forecast, By Component, 2019 - 2032 (US$ Million)
  - 12.6.15.4. Rest of MEA Market Size and Forecast, By Application, 2019 - 2032 (US$ Million)
  - 12.6.15.5. Rest of MEA Market Size and Forecast, By End User, 2019 - 2032 (US$ Million)
  - 12.6.15.6. Rest of MEA Market Size and Forecast, By Capacity Range, 2019 - 2032 (US$ Million)
  - 12.6.15.7. Rest of MEA Market Size and Forecast, By Power Source, 2019 - 2032 (US$ Million)

13. Key Vendor Analysis- Electro-Mechanical Energy Storage Systems Industry

13.1. Competitive Dashboard
- 13.1.1. Competitive Benchmarking
- 13.1.2. Competitive Positioning
13.2. Company Profiles
- 13.2.1. AES Corporation
- 13.2.2. ABB
- 13.2.3. Duracell, Inc.
- 13.2.4. Duke Energy
- 13.2.5. Furukawa Battery Co., Ltd.
- 13.2.6. Fluence
- 13.2.7. General Electric
- 13.2.8. Hitachi Energy Ltd.
- 13.2.9. Johnson Controls
- 13.2.10. LG Energy Solutions

14. 360 Degree Analyst View

15. Appendix

15.1. Research Methodology
15.2. References
15.3. Abbreviations
15.4. Disclaimer
15.5. Contact Us