PUBLISHER: TechNavio | PRODUCT CODE: 1738189
PUBLISHER: TechNavio | PRODUCT CODE: 1738189
The decentralized energy storage market is forecasted to grow by USD 25,100.3 mn during 2024-2029, accelerating at a CAGR of 16.4% during the forecast period. The report on the decentralized energy storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising renewable energy adoption, government policies and incentives, and proliferation of electric vehicles.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 14.6% |
CAGR | 16.4% |
Incremental Value | $25,100.3 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's decentralized energy storage market is segmented as below:
By Technology
By End-user
By Type
By Geographical Landscape
This study identifies the advanced battery technologies as one of the prime reasons driving the decentralized energy storage market growth during the next few years. Also, rising adoption of microgrids and the emergence of energy storage as a service will lead to sizable demand in the market.
The report on the decentralized energy storage market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decentralized energy storage market vendors that include ABB Ltd., BYD Energy Storage, Contemporary Amperex Technology Co. Ltd., Eaton Corp. plc, EnerSys, Enphase Energy Inc., Exide Industries Ltd., Fluence Energy LLC, General Electric Co., Johnson Controls International Plc, LG Chem Ltd., Nextera Energy Inc., Saft Groupe SAS, Samsung SDI Co. Ltd., Schneider Electric SE, Siemens AG, Sonnen GmbH, and Tesla Inc.. Also, the decentralized energy storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
ByD Energy Storage - Overview
ByD Energy Storage - Product / Service
ByD Energy Storage - Key offerings
Exhibits: