Cover Image
Market Research Report

Global Decentralized Energy Storage Market 2019-2023

Published by TechNavio (Infiniti Research Ltd.) Product code 865029
Published Content info 122 Pages
Delivery time: 1-2 business days
Price
Back to Top
Global Decentralized Energy Storage Market 2019-2023
Published: May 29, 2019 Content info: 122 Pages
Description

About this market

One of the major issues faced by the companies in the C&I sector is the downtime caused due to power outages. Even a small disruption in the supply of electricity in hospitals and nursing facilities can put lives at risk. Instances of power outages are resulting in significant losses for manufacturing companies as they are missing the timelines in delivering products to their customers. Power outages have led several manufacturing plants to shut down across the world. In December 2017, Delta Air Lines Inc. incurred a significant loss due to a power outage. Such financial catastrophes and business downtimes are creating a pressing requirement for investment in energy storage to overcome problems associated with power outages. This growing need for backup power is expected to drive the growth of the global decentralized energy storage market over the forecast period at a CAGR of over 18%. However, the market's momentum will decelerate in the coming years because of the decrease in year-over-year growth.

Market Overview

Growing economic benefits of ESS

End-users are adopting ESS to store energy rather than depending on the power grid during peak power demand. This results in huge monetary savings as they reduce the peak demand charges they pay. Owing to such benefits, the demand for ESS is expected to increase over the forecast period and subsequently drive the growth of the global decentralized energy storage market size.

Stringent laws against lead pollution

Lead-acid batteries, that is one of the electrochemical energy storage technologies, contains sulfuric acid which is dumped in landfills contaminate groundwater reserves and drinking water supplies. Such improper disposal of the used lead-acid batteries is driving many countries to introduce stringent laws on the production and disposal of lead-acid batteries to reduce the risk of lead poisoning. For instance, China recently shut down many lead-acid battery plants and enforced strict regulations for the production of lead-acid batteries. This is expected to have a negative impact on the growth of the global decentralized energy storage market.

For the detailed list of factors that will drive and challenge the growth of the decentralized energy storage market size during 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly fragmented with several players occupying the market share. Companies such as CALMAC and Fluence Energy LLC have intensified the competition. Factors such as the rising need for backup power and the growing economic benefits of ESS will provide significant growth opportunities for decentralized energy storage companies. CALMAC, Fluence Energy LLC, LG Chem Ltd., NEC Corp., NGK Insulators Ltd., and SENER Ingenieria y Sistemas SA are some of the major companies covered in this report.

Table of Contents
Product Code: IRTNTR31387

TABLE OF CONTENTS

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TECHNOLOGY

  • Market segmentation by technology
  • Comparison by technology
  • Battery energy storage - Market size and forecast 2018-2023
  • Thermal energy storage - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by technology

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Rising adoption of microgrids
  • Development of smart cities and ZEBs
  • Advances in energy storage technologies

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • CALMAC
  • Fluence Energy LLC
  • LG Chem Ltd.
  • NEC Corp.
  • NGK Insulators Ltd.
  • SENER Ingenieria y Sistemas SA

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

List of Exhibits

  • Exhibit 01: Global energy storage market
  • Exhibit 02: Segments of global energy storage market
  • Exhibit 03: Market characteristics
  • Exhibit 04: Market segments
  • Exhibit 05: Market definition - Inclusions and exclusions checklist
  • Exhibit 06: Market size 2018
  • Exhibit 07: Global market: Size and forecast 2018-2023 (MW)
  • Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
  • Exhibit 09: Five forces analysis 2018
  • Exhibit 10: Five forces analysis 2023
  • Exhibit 11: Bargaining power of buyers
  • Exhibit 12: Bargaining power of suppliers
  • Exhibit 13: Threat of new entrants
  • Exhibit 14: Threat of substitutes
  • Exhibit 15: Threat of rivalry
  • Exhibit 16: Market condition - Five forces 2018
  • Exhibit 17: Technology - Market share 2018-2023 (%)
  • Exhibit 18: Comparison by technology
  • Exhibit 19: Battery energy storage - Market size and forecast 2018-2023 (MW)
  • Exhibit 20: Battery energy storage - Year-over-year growth 2019-2023 (%)
  • Exhibit 21: Thermal energy storage - Market size and forecast 2018-2023 (MW)
  • Exhibit 22: Thermal energy storage - Year-over-year growth 2019-2023 (%)
  • Exhibit 23: Others - Market size and forecast 2018-2023 (MW)
  • Exhibit 24: Others - Year-over-year growth 2019-2023 (%)
  • Exhibit 25: Market opportunity by technology
  • Exhibit 26: Customer landscape
  • Exhibit 27: Market share by geography 2018-2023 (%)
  • Exhibit 28: Geographic comparison
  • Exhibit 29: EMEA - Market size and forecast 2018-2023 (MW)
  • Exhibit 30: EMEA - Year-over-year growth 2019-2023 (%)
  • Exhibit 31: Americas - Market size and forecast 2018-2023 (MW)
  • Exhibit 32: Americas - Year-over-year growth 2019-2023 (%)
  • Exhibit 33: APAC - Market size and forecast 2018-2023 (MW)
  • Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
  • Exhibit 35: Key leading countries
  • Exhibit 36: Market opportunity
  • Exhibit 37: Impact of drivers and challenges
  • Exhibit 38: Vendor landscape
  • Exhibit 39: Landscape disruption
  • Exhibit 40: Vendors covered
  • Exhibit 41: Vendor classification
  • Exhibit 42: Market positioning of vendors
  • Exhibit 43: CALMAC - Vendor overview
  • Exhibit 44: CALMAC - Organizational developments
  • Exhibit 45: CALMAC - Key offerings
  • Exhibit 46: Fluence Energy LLC - Vendor overview
  • Exhibit 47: Fluence Energy LLC - Organizational developments
  • Exhibit 48: Fluence Energy LLC - Key offerings
  • Exhibit 49: LG Chem Ltd. - Vendor overview
  • Exhibit 50: LG Chem Ltd. - Business segments
  • Exhibit 51: LG Chem Ltd. - Organizational developments
  • Exhibit 52: LG Chem Ltd. - Geographic focus
  • Exhibit 53: LG Chem Ltd. - Segment focus
  • Exhibit 54: LG Chem Ltd. - Key offerings
  • Exhibit 55: NEC Corp. - Vendor overview
  • Exhibit 56: NEC Corp. - Business segments
  • Exhibit 57: NEC Corp. - Organizational developments
  • Exhibit 58: NEC Corp. - Geographic focus
  • Exhibit 59: NEC Corp. - Segment focus
  • Exhibit 60: NEC Corp. - Key offerings
  • Exhibit 61: NGK Insulators Ltd. - Vendor overview
  • Exhibit 62: NGK Insulators Ltd. - Business segments
  • Exhibit 63: NGK Insulators Ltd. - Organizational developments
  • Exhibit 64: NGK Insulators Ltd. - Geographic focus
  • Exhibit 65: NGK Insulators Ltd. - Segment focus
  • Exhibit 66: NGK Insulators Ltd. - Key offerings
  • Exhibit 67: SENER Ingenieria y Sistemas SA - Vendor overview
  • Exhibit 68: SENER Ingenieria y Sistemas SA - Business segments
  • Exhibit 69: SENER Ingenieria y Sistemas SA - Organizational developments
  • Exhibit 70: SENER Ingenieria y Sistemas SA - Geographic focus
  • Exhibit 71: SENER Ingenieria y Sistemas SA - Key offerings
  • Exhibit 72: Validation techniques employed for market sizing
  • Exhibit 73: Definition of market positioning of vendors
Back to Top