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Market Research Report
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1109038

Energy Storage Technologies (EST) Market Report 2022-2032

Published: | Visiongain Reports Ltd. | 316 Pages | Delivery time: 1-2 business days

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Energy Storage Technologies (EST) Market Report 2022-2032
Published: July 21, 2022
Visiongain Reports Ltd.
Content info: 316 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

The global energy storage technologies market was valued at US$13,787 million in 2021 and is projected to grow at a CAGR of 5.7 during the forecast period 2022-2032.

The Energy Storage Technologies (EST) Market Report 2022-2032: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Governments from All Across the World Are Taking Action to Promote Energy Storage

The storage industry is primed for rapid expansion. Owners of energy storage systems will be able to generate income from an increasing number of sources thanks to new market regulations, including postponed transmission and distribution upgrades, the incorporation of intermittent resources, decreased demand or increased generating capacity to handle peak loads, the offering of ancillary services, and improved grid reliability and resiliency. Storage used to fit like a square peg into a round hole called historical regulation. The federal regulation that is now in place for wholesale power sales and transmission in interstate commerce was created for a world that had any meaningful energy storage.

Even while pumped-storage hydroelectricity has been around for a while, it differs significantly from more recent storage technologies like batteries, flywheels, and thermal energy storage projects in terms of its properties. Governments from all across the world are taking action to promote storage. The US Department of Energy's focused loan and incentive programmes, as well as the Federal Energy Regulatory Commission's initiatives to open up a road to participation in the wholesale market, have helped storage on a global scale.

Deal Between BMW Group and Our Next Energy (ONE), an Energy Storage Business

The deal between BMW Group and Our Next Energy (ONE), an energy storage business with headquarters in Michigan, calls for the integration of ONE's Gemini Dual-Chemistry battery technology into the BMW iX electric SUV. According to ONE, the BMW iX will be able to go 600 miles (965 kilometres) on a single charge because to its exclusive long-range Gemini technology, which it first showed in January 2022 on a Tesla Model S that travelled 752 miles on a single charge. The iX prototype car, which is expected to be finished by the end of the year, will have nearly double the range of the standard BMW iX xDrive50, which has the greatest EPA-rated range in the lineup at 324 miles (521 kilometers). Through its Silicon Valley-based venture capital arm BMW I Ventures, which recently oversaw a $65M investment round, BMW is a shareholder in ONE.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the energy storage technologies market evolving?
  • What is driving and restraining the energy storage technologies market?
  • How will each energy storage technologies submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032?
  • How will the market shares for each energy storage technologies submarket develop from 2022 to 2032?
  • What will be the main driver for the overall market from 2022 to 2032?
  • Will leading energy storage technologies markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2032 and which geographical region will lead the market in 2032?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the energy storage technologies projects for these leading companies?
  • How will the industry evolve during the period between 2020 and 2032? What are the implications of energy storage technologies projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the energy storage technologies market?
  • Where is the energy storage technologies market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the energy storage technologies market today, and over the next 10 years:

  • Our 316-page report provides 194 tables and 189 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the energy storage technologies market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2032 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2032, our new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising energy storage technologies prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, "V", "L", "W" and "U" are discussed in this report.

Segments Covered in the Report

Market Segment by Application

  • Stationary Energy Storage Application
  • Transportation Energy Storage Application

Market Segment by Stationary Type

  • Industrial and Military Use
  • Grid-Related-Utility
  • Grid-Related-Residential

Market Segment by Utility Type

  • Ancillary Services
  • Peaking Capacity
  • Energy Shifting
  • Transmission & Distribution Level

Market Segment by Industrial Type

  • Uninterruptible Power Source (UPS) + Data
  • Telecom Backup Power
  • Air Conditioning/ Refrigeration
  • Hydrogen Refueling Stations
  • Other Industrial/Military Uses

Market Segment by Technology

  • Pumped Storage Hydropower
  • Lithium-ion Batteries
  • Lead-acid Batteries
  • Compressed-Air Energy Storage (CAES)
  • Redox Flow Batteries (RFBs)
  • Other Technologies

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • Spain
  • United Kingdom
  • France
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Middle East & Africa

  • Turkey
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

South America

  • Brazil
  • Mexico
  • Rest of South America

The report also includes profiles and for some of the leading companies in the Energy Storage Technologies Market, 2022 to 2032, with a focus on this segment of these companies' operations.

Leading companies and the potential for market growth

  • Altair Nanotechnologies
  • Eguana Technologies Inc.
  • Electrovaya Inc.,
  • Exide Industries Limited
  • Fluence Energy, Inc.
  • Furukawa Battery Co., Ltd.
  • General Electric Company
  • Langley Holdings plc (Langley)
  • LG Chem Ltd
  • Samsung SDI Co Ltd
  • Schneider Electric SE
  • Showa Denko K.K.
  • SK Holdings Co Ltd,
  • SMA Solar Technology AG
  • Tata Power Company Limited

Overall world revenue for Energy Storage Technologies Market, 2022 to 2032 in terms of value the market will surpass US$14,380 million in 2022, our work calculates. We predict strong revenue growth through to 2032. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Energy Storage Technologies Market, 2022 to 2032 report help you?

In summary, our 316-page report provides you with the following knowledge:

  • Revenue forecasts to 2032 for Energy Storage Technologies Market, 2022 to 2032 Market, with forecasts for application, stationary type, industrial type, technology and company size, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2032 for four regional and 20 key national markets - See forecasts for the Energy Storage Technologies Market, 2022 to 2032 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Energy Storage Technologies Market, 2022 to 2032.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Our study is for everybody needing commercial analyses for the Energy Storage Technologies Market, 2022 to 2032, market-leading companies. You will find data, trends and predictions.

Product Code: ENE0542

Table of Contents

1. Report Overview

  • 1.1 Objectives of the Study
  • 1.2 Introduction to Energy Storage Market
    • 1.2.1 Volvo Energy Made a $4.7 Million Investment in a Battery Energy Storage Company in Newcastle
    • 1.2.2 The Construction of KOREPlex, a $1.25 billion Gigafactory in Buckeye, Arizona
  • 1.3 What this Report Delivers
  • 1.4 Why you Should Read this Report
  • 1.5 Key Questions Answered by this Analytical Report Include:
  • 1.6 Who is this Report for?
  • 1.7 Methodology
    • 1.7.1 Market Definitions
    • 1.7.2 Market Evaluation & Forecasting Methodology
    • 1.7.3 Data Validation
  • 1.8 Frequently Asked Questions (FAQs)
  • 1.9 Associated Reports
  • 1.10 About

2 Executive Summary

3 Premium Insights

  • 3.1 Geographical Snapshot: Global Energy Storage Market
    • 3.1.1 Construction of Two Solar Projects in California Has Been Approved by the Biden-Harris Administration
  • 3.2 Application Segment: Market Attractiveness Index
  • 3.3 Stationary Type Segment: Market Attractiveness Index
    • 3.3.1 Pre-orders for Toyota's O-Uchi Kyuden System Have Begun
  • 3.4 Utility Type Segment: Market Attractiveness Index
  • 3.5 Industrial Type Segment: Market Attractiveness Index
  • 3.6 Technology Segment: Market Attractiveness Index

4 Market Overview

  • 4.1 Key Findings
  • 4.2 Market Dynamics
    • 4.2.1 Market Driving Factors
    • 4.2.2 Market Restraining Factors
    • 4.2.3 Market Opportunities
  • 4.3 COVID-19 Impact Analysis
    • 4.3.1 "V-Shaped Recovery"
    • 4.3.2 "U-Shaped Recovery"
    • 4.3.3 "W-Shaped Recovery"
    • 4.3.4 "L-Shaped Recovery"
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Supplier Power
    • 4.4.2 Buyer Power
    • 4.4.3 Competitive Rivalry
    • 4.4.4 Threat from Substitutes
    • 4.4.5 Threat of New Entrants
  • 4.5 PESTLE Analysis
    • 4.5.1 Political Factors
    • 4.5.2 Economic Factors
    • 4.5.3 Social Factors
    • 4.5.4 Technological Factors
    • 4.5.5 Environment Factors
  • 4.6 Recent Developments in the Market
    • 4.6.1 The Planned Goldendale Energy Storage Project in Klickitat County
    • 4.6.2 CleanBC to Connect a Battery Energy Storage System (BESS) to the Nelson Hydro Grid
    • 4.6.3 Deal Between BMW Group and Our Next Energy (ONE), an Energy Storage Business
    • 4.6.4 The East Bay Community Energy Budget is Worth $15 Million
    • 4.6.5 The Advanced Clean Energy Storage Project in Utah Received a US$504.4 million Loan Guarantee from the U.S. Department of Energy (DOE)
    • 4.6.6 The Atlanta-Based Company Will Halt Plans to Create 1,000 Megawatts of Battery-Based Energy Generation Capacity by 2030
    • 4.6.7 The Advanced Clean Energy Storage Joint Venture (ACES Delta, LLC) Building Largest Green Hydrogen Platform in the World
    • 4.6.8 The Mango Power M Series, an All-In-One Home Energy Storage Solution
    • 4.6.9 The National Grid Corporation of the Philippines (NGCP) Has Received Approval for 28 Projects
    • 4.6.10 Summit Ridge Energy Has Accepted a $15 million Project Finance Offer from Fundamental Renewables
    • 4.6.11 The First Multi-Customer, 100% Renewable Micro-grid in California is Up and Running

5 Global Energy Storage Market Analysis

  • 5.1 Key Findings
    • 5.1.1 Amidst a Tightening of the Global Supply Chain, GE Will Treble the Production of Solar and Storage Products
    • 5.1.2 The Largest Floating Solar Array in the Southeast Sits on Tte Lake Near Fort Bragg
    • 5.1.3 Researchers from NREL Map Potential New Pumped Storage Locations in the US
  • 5.2 Innovations in the Global Market
    • 5.2.1 Lift Energy Storage System
    • 5.2.2 Applications of Microfluidics and Nanomaterials in Energy Storage
    • 5.2.3 Hydroelectric Truck Electric
    • 5.2.4 Future Thermal Management Strategies Will Benefit from the Recent Discoveries Made by Researchers
  • 5.3 Global Energy Storage Technologies Market Forecast
  • 5.4 Global Energy Storage Technologies Market by Region
  • 5.5 Global Energy Storage Technologies Market by Application
  • 5.6 Global Energy Storage Technologies Market by Stationary Type
  • 5.7 Global Energy Storage Technologies Market by Utility Type
  • 5.8 Global Energy Storage Technologies Market by Industrial Type
  • 5.9 Global Energy Storage Technologies Market by Technology

6 Global Energy Storage Technologies Market Analysis by Application

  • 6.1 Segment Overview
    • 6.1.1 Market Size Estimation and Forecast by Application
  • 6.2 Stationery Energy Storage Application
    • 6.2.1 Global Stationary Energy Storage Application Market Forecast
    • 6.2.2 Global Stationary Energy Storage Application Market by Region
  • 6.3 Transportation Energy Storage Application
    • 6.3.1 Global Transportation Energy Storage Application Market Forecast
    • 6.3.2 Global Transportation Energy Storage Application Market by Region

7 Global Energy Storage Technologies Market Analysis by Stationary Type

  • 7.1 Segment Overview
    • 7.1.1 Market Size Estimation and Forecast by Stationary Type
  • 7.2 Industrial and Military Use
    • 7.2.1 Global Industrial and Military Use Market Forecast
    • 7.2.2 Global Industrial and Military Use Market by Region
  • 7.3 Grid-Related-Utility
    • 7.3.1 Global Grid-Related-Utility Market Forecast
    • 7.3.2 Global Grid-Related-Utility Market by Region
  • 7.4 Grid-Related-Residential
    • 7.4.1 Global Grid-Related-Residential Market Forecast
    • 7.4.2 Global Grid-Related-Residential Market by Region

8 Global Energy Storage Technologies Market Analysis by Utility Type

  • 8.1 Segment Overview
    • 8.1.1 Market Size Estimation and Forecast Analysis
  • 8.2 Ancillary Services Segment
    • 8.2.1 Global Ancillary Services Market Forecast
    • 8.2.2 Global Ancillary Services Market by Region
  • 8.3 Peaking Capacity
    • 8.3.1 Global Peaking Capacity Market Forecast
    • 8.3.2 Global Peaking Capacity Market by Region
  • 8.4 Energy Shifting
    • 8.4.1 Global Energy Shifting Market Forecast
    • 8.4.2 Global Energy Shifting Market by Region
  • 8.5 Transmission & Distribution Level
    • 8.5.1 Global Transmission & Distribution Level Market Forecast
    • 8.5.2 Global Transmission & Distribution Level Market by Region

9 Global Energy Storage Technologies Market Analysis by Industrial Type

  • 9.1 Segment Overview
  • 9.2 Market Size Estimation and Forecast Analysis
  • 9.3 Uninterruptible Power Source (UPS) + Data Segment
    • 9.3.1 Global Uninterruptible Power Source (UPS) + Data Market Forecast
    • 9.3.2 Global Uninterruptible Power Source (UPS) + Data Market by Region
  • 9.4 Telecom Backup Power Segment
    • 9.4.1 Global Telecom Backup Power Market Forecast
    • 9.4.2 Global Telecom Backup Power Market by Region
  • 9.5 Air Conditioning/ Refrigeration Segment
    • 9.5.1 Global Air Conditioning/ Refrigeration Market Forecast
    • 9.5.2 Global Air Conditioning/ Refrigeration Market by Region
  • 9.6 Hydrogen Refuelling Stations Segment
    • 9.6.1 Global Hydrogen Refuelling Stations Market Forecast
    • 9.6.2 Global Hydrogen Refuelling Stations Market by Region
  • 9.7 Other Industrial/Military Segment Analysis
    • 9.7.1 Global Other Industrial/Military Uses Market Forecast
    • 9.7.2 Global Other Industrial/Military Uses Market by Region

10 Global Energy Storage Technologies Market Analysis by Technology

  • 10.1 Segment Overview
    • 10.1.1 Market Size Estimation and Forecast Analysis
  • 10.2 Pumped Storage Hydropower Segment
    • 10.2.1 Global Pumped Storage Hydropower Market Forecast
    • 10.2.2 Global Pumped Storage Hydropower Market by Region
  • 10.3 Lithium-ion Batteries Segment
    • 10.3.1 Global Lithium-ion Batteries Market Forecast
    • 10.3.2 Global Lithium-ion Batteries Market by Region
  • 10.4 Lead-acid Batteries Segment
    • 10.4.1 Global Lead-acid Batteries Market Forecast
    • 10.4.2 Global Lead-acid Batteries Market by Region
  • 10.5 Compressed-Air Energy Storage (CAES) Segment
    • 10.5.1 Global Compressed-Air Energy Storage (CAES) Market Forecast
    • 10.5.2 Global Compressed-Air Energy Storage (CAES) Market by Region
  • 10.6 Redox Flow Batteries (RFBs) Segment
    • 10.6.1 Global Redox Flow Batteries (RFBs) Market Forecast
    • 10.6.2 Global Redox Flow Batteries (RFBs) Market by Region
  • 10.7 Other Technologies Segment
    • 10.7.1 Global Other Technologies Market Forecast
    • 10.7.2 Global Other Technologies Market by Region

11 North America Energy Storage Market Analysis

  • 11.1 Key Findings
    • 11.1.1 In The First Quarter of 2022, 25 Energy Storage Contracts Were Announced in the North American Region
    • 11.1.2 The Energy Storage Market in North America Is Booming
    • 11.1.3 The 250 MW/1,000 MWh Oneida Project
    • 11.1.4 Completed Oregon Wind, Solar, And Storage Facility
    • 11.1.5 A $253 Million Wind Farm and Energy Storage Facility in Central Montana
    • 11.1.6 1 GW of NYSERDA Solar and Storage Contracts Are Signed by EDF Renewables
  • 11.2 North America Energy Storage Market Attractiveness Index
  • 11.3 North America Energy Storage Technologies Market by Value
  • 11.4 North America Energy Storage Technologies Market by Country
  • 11.5 North America Energy Storage Technologies Market by Application
  • 11.6 North America Energy Storage Technologies Market by Stationary Type
  • 11.7 North America Energy Storage Technologies Market by Utility Type
  • 11.8 North America Energy Storage Technologies Market by Industrial Type
  • 11.9 North America Energy Storage Technologies Market by Technology
  • 11.10 U.S. Market Analysis
    • 11.10.1 Enphase Energy Increases their Use of Battery Storage in Puerto Rico
    • 11.10.2 The Joppa Power Plant Will Be Transformed into an Energy Storage System with a $50 Million Investment
    • 11.10.3 Companies Agree to a $78.2 Million Loan for California Energy Storage Facilities
    • 11.10.4 The First Large-Scale Wind, Solar, and Battery Complex in the Country is Powered by an Oregon Utility
    • 11.10.5 Energy Storage Facilities Are Anticipated to Start Functioning in 2025 at Five Illinois Coal Plants
    • 11.10.6 US Energy Storage Technologies Market by Value
  • 11.11 Canada Market Analysis
    • 11.11.1 Sunnynook Battery Energy Storage
    • 11.11.2 Ontario Advanced Compressed Air Energy Storage (A-CAES) Facility
    • 11.11.3 Canada Energy Storage Target
    • 11.11.4 Canada Energy Storage Technologies Market by Value

12 Europe Energy Storage Market Analysis

  • 12.1 Key Findings
    • 12.1.1 Europe's Storage Issue with Green Energy is Highlighted by the Russia Gas Crisis
    • 12.1.2 A SIGNIFICANT British Company Plans to Construct One of Europe's Largest Battery Storage Facilities
    • 12.1.3 Drax Has Requested Permission to Expand its Cruachan Pumped Hydro Power Station in Scotland to 1GW
  • 12.2 Europe Energy Storage Market Attractiveness Index
  • 12.3 Europe Energy Storage Technologies Market by Value
  • 12.4 Europe Energy Storage Technologies Market by Country
  • 12.5 Europe Energy Storage Technologies Market by Application
  • 12.6 Europe Energy Storage Technologies Market by Stationary Type
  • 12.7 Europe Energy Storage Technologies Market by Utility Type
  • 12.8 Europe Energy Storage Technologies Market by Industrial Type
  • 12.9 Europe Energy Storage Technologies Market by Technology
  • 12.10 Germany Market Analysis
    • 12.10.1 Opportunities and Market Entry for Companies
    • 12.10.2 Bordesholm Battery Energy Storage System
    • 12.10.3 Energy Storage Systems Permit
    • 12.10.4 Germany Energy Storage Technologies Market by Value
  • 12.11 UK Market Analysis
    • 12.11.1 Current Scenario of UK Energy Storage Market
    • 12.11.2 Pipeline of UK Energy Storage Projects Doubles Within 12 Months
    • 12.11.3 Flexitricity and Gore Street Capital Have Expanded their Current Cooperation
    • 12.11.4 UK Energy Storage Technologies Market by Value
  • 12.12 France Market Analysis
    • 12.12.1 Venteea: France's Largest Battery-Based Storage Solution
    • 12.12.2 Energy Transition Law in France
    • 12.12.3 France Energy Storage Technologies Market by Value
  • 12.13 Italy Market Analysis
    • 12.13.1 Energy Dome Carbon Dioxide-Based Energy Storage Solution
    • 12.13.2 Current Projects in Italy
    • 12.13.3 Regulations/Framework for Energy Storage
    • 12.13.4 The first "CO2 Battery facility" Ever Opened by the Energy Storage Company Energy Dome is Located in Sardinia, Italy
    • 12.13.5 Italy Energy Storage Technologies Market by Value
  • 12.14 Spain Market Analysis
    • 12.14.1 Spain's Energy Storage Target
    • 12.14.2 Aragon Solar PV Phase III- Battery Energy Storage System
    • 12.14.3 Spain Energy Storage Technologies Market by Value
  • 12.15 Rest of Europe
    • 12.15.1 In Caithness, a Site Near Thurso Might Be Used to Build an Energy Storage Plant
    • 12.15.2 Rest of Europe Energy Storage Technologies Market by Value

13 Asia-Pacific Energy Storage Market Analysis

  • 13.1 Key Findings
    • 13.1.1 Launch of China's First Compressed Air Energy Storage Salt Cavern
  • 13.2 Asia-Pacific Energy Storage Market Attractiveness Index
  • 13.3 Asia-Pacific Energy Storage Technologies Market by Value
  • 13.4 Asia-Pacific Energy Storage Technologies Market by Country
  • 13.5 Asia-Pacific Energy Storage Technologies Market by Application
  • 13.6 Asia-Pacific Energy Storage Technologies Market by Stationary Type
  • 13.7 Asia-Pacific Energy Storage Technologies Market by Utility Type
  • 13.8 Asia-Pacific Energy Storage Technologies Market by Industrial Type
  • 13.9 Asia-Pacific Energy Storage Technologies Market by Technology
  • 13.10 China
    • 13.10.1 China's Energy Storage Market Target
    • 13.10.2 Jiangsu Electric Power-Zhenjiang Battery Energy Storage System
    • 13.10.3 China Energy Storage Tower
    • 13.10.4 The Nation is Starting an Even Bigger Drive to Construct Hydro Energy Storage to Supplement Renewable Power
    • 13.10.5 China Energy Storage Technologies Market by Value
  • 13.11 India
    • 13.11.1 Guidelines for Energy Storage Market in India
    • 13.11.2 Opportunities for Energy Storage in India
    • 13.11.3 The Greenko Group is Responsible for the Gummitham Tanda Project in India
    • 13.11.4 India Energy Storage Technologies Market by Value
  • 13.12 Japan
    • 13.12.1 Japan's Current Legal and Regulatory Infrastructure
    • 13.12.2 Shiriuchi Solar PV Park - Battery Energy Storage System
    • 13.12.3 Japan Energy storage Target
    • 13.12.4 Toyota to Use the Batteries from its Electric Vehicles for Home Energy Storage
    • 13.12.5 Japan Energy Storage Technologies Market by Value
  • 13.13 South Korea
    • 13.13.1 Kokam-Chungchoeng Battery Energy Storage Systems
    • 13.13.2 Incentives Program by the Government
    • 13.13.3 Lithium-ion Battery Energy Storage
    • 13.13.4 South Korea Energy Storage Technologies Market by Value
  • 13.14 Australia
    • 13.14.1 World's Biggest Battery Storage Project Announced by Australian Renewables Fund
    • 13.14.2 Australia Energy Storage Target
    • 13.14.3 First Transactions Made Using Renewable Energy Hub's 'Virtual Storage' Contract in Australia
    • 13.14.4 The Queensland Government Has Pledged $48 Million to Advance Two Pumped Hydro Projects
    • 13.14.5 Australia Energy Storage Technologies Market by Value
  • 13.15 Rest of Asia-Pacific
    • 13.15.1 Prime Infrastructure Holdings, Based in the Philippines, Has Announced Plans to Build the Largest Solar Power Facility in the World
    • 13.15.2 Rest of Asia-Pacific Energy Storage Technologies Market by Value

14 South America Energy Storage Market Analysis

  • 14.1 Key Findings
  • 14.2 South America Energy Storage Market Attractiveness Index
  • 14.3 South America Energy Storage Technologies Market by Value
  • 14.4 South America Energy Storage Technologies Market by Country
  • 14.5 South America Energy Storage Technologies Market by Application
  • 14.6 South America Energy Storage Technologies Market by Stationary Type
  • 14.7 South America Energy Storage Technologies Market by Utility Type
  • 14.8 South America Energy Storage Technologies Market by Industrial Type
  • 14.9 South America Energy Storage Technologies Market by Technology
  • 14.10 Brazil
  • 14.11 Mexico
  • 14.12 Rest of South America

15 Middle East and African Energy Storage Market Analysis

  • 15.1 Key Findings
  • 15.2 Middle East and African Energy Storage Market Attractiveness Index
  • 15.3 Middle East & Africa Energy Storage Technologies Market by Value
  • 15.4 Middle East & Africa Energy Storage Technologies Market by Country
  • 15.5 Middle East & Africa Energy Storage Technologies Market by Application
  • 15.6 Middle East & Africa Energy Storage Technologies Market by Stationary Type
  • 15.7 Middle East & Africa Energy Storage Technologies Market by Utility Type
  • 15.8 Middle East & Africa Energy Storage Technologies Market by Industrial Type
  • 15.9 Middle East & Africa Energy Storage Technologies Market by Technology
  • 15.10 South Africa
    • 15.10.1 Azelio and Jet Energy in MoU to Develop Storage Projects with Solar PV in Francophone Africa
    • 15.10.2 The 2 GW Risk Mitigation Procurement in South Africa and its Implications for Gas, Renewable Energy, and Energy Storage
  • 15.11 Saudi Arabia
    • 15.11.1 Saudi Arabia to Construct the World's Largest Battery Storage Facility
    • 15.11.2 Consent and Permit Required to Build an Energy Storage Facility
  • 15.12 Turkey
  • 15.13 Rest of Middle East & Africa
    • 15.13.1 A Roadmap for New Energy Technologies, Electric Vehicles, and Energy Storage in Egypt is Being Developed by the German Business Siemens
    • 15.13.2 Rest of Middle East & Africa Energy Storage Technologies Market by Value

16 Company Profiles

  • 16.1 Tata Powers
    • 16.1.1 Company Snapshot
    • 16.1.2 Company Overview
    • 16.1.3 Financial Analysis
    • 16.1.4 Product Benchmarking
    • 16.1.5 Strategic Outlook
  • 16.2 GENERAL ELECTRIC
    • 16.2.1 Company Snapshot
    • 16.2.2 Company Overview
    • 16.2.3 Financial Analysis
    • 16.2.4 Product Benchmarking
    • 16.2.5 Strategic Outlook
  • 16.3 LG CHEM
    • 16.3.1 Company Overview
    • 16.3.2 Company Snapshot
    • 16.3.3 Financial Analysis
    • 16.3.4 Product Benchmarking
    • 16.3.5 Strategic Outlook
  • 16.4 Showa Denko
    • 16.4.1 Company Snapshot
    • 16.4.2 Company Overview
    • 16.4.3 Financial Analysis
    • 16.4.4 Product Benchmarking
    • 16.4.5 Strategic Outlook
  • 16.5 Electrovaya
    • 16.5.1 Company Snapshot
    • 16.5.2 Company Overview
    • 16.5.3 Financial Analysis
    • 16.5.4 Product Benchmarking
    • 16.5.5 Strategic Outlook
  • 16.6 Samsung SDI Co., Ltd
    • 16.6.1 Company Snapshot
    • 16.6.2 Company Overview
    • 16.6.3 Financial Analysis
    • 16.6.4 Product Benchmarking
    • 16.6.5 Strategic Outlook
  • 16.7 Exide Industries Limited
    • 16.7.1 Company Snapshot
    • 16.7.2 Company Overview
    • 16.7.3 Financial Analysis
    • 16.7.4 Product Benchmarking
    • 16.7.5 Strategic Outlook
  • 16.8 SK Holdings
    • 16.8.1 Company Snapshot
    • 16.8.2 Company Overview
    • 16.8.3 Financial Analysis
    • 16.8.4 Product Benchmarking
    • 16.8.5 Strategic Outlook
  • 16.9 SMA Solar Technology AG
    • 16.9.1 Company Snapshot
    • 16.9.2 Company Overview
    • 16.9.3 Financial Analysis
    • 16.9.4 Product Benchmarking
    • 16.9.5 Strategic Outlook
  • 16.10 Scheider Electric
    • 16.10.1 Company Snapshot
    • 16.10.2 Company Overview
    • 16.10.3 Financial Analysis
    • 16.10.4 Product Benchmarking
    • 16.10.5 Strategic Outlook
  • 16.11 Eguana Technologies Inc
    • 16.11.1 Company Snapshot
    • 16.11.2 Company Overview
    • 16.11.3 Financial Analysis
    • 16.11.4 Product Benchmarking
    • 16.11.5 Strategic Outlook
  • 16.12 Fluence Energy Inc
    • 16.12.1 Company Snapshot
    • 16.12.2 Company Overview
    • 16.12.3 Financial Analysis
    • 16.12.4 Product Benchmarking
    • 16.12.5 Strategic Outlook
  • 16.13 Furukawa Battery Co. Ltd.
    • 16.13.1 Company Snapshot
    • 16.13.2 Company Overview
    • 16.13.3 Financial Analysis
    • 16.13.4 Product Benchmarking
    • 16.13.5 Strategic Outlook
  • 16.14 Langley Holdings Plc
    • 16.14.1 Company Snapshot
    • 16.14.2 Company Overview
    • 16.14.3 Financial Analysis
    • 16.14.4 Product Benchmarking
    • 16.14.5 Strategic Outlook
  • 16.15 Altair Nanotechnologies
    • 16.15.1 Company Snapshot
    • 16.15.2 Company Overview
    • 16.15.3 Product Benchmarking

17 Conclusion and Recommendations

  • 17.1 Concluding Remarks from
  • 17.2 Recommendations for Market Players
    • 17.2.1 Focus on Upcoming Technologies
    • 17.2.2 18 Projects Aiming to Develop Technologies that can Turn Buildings into Net Carbon Storage Structures

List of Tables

  • Table 1 Global Energy Storage Market Snapshot, 2022 & 2032 (US$million, CAGR %)
  • Table 2 Global Energy Storage Technologies Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (V-Shaped Recovery Scenario)
  • Table 3 Global Energy Storage Technologies Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (V-Shaped Recovery Scenario)
  • Table 4 Global Energy Storage Technologies Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (U-Shaped Recovery Scenario)
  • Table 5 Global Energy Storage Technologies Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (U-Shaped Recovery Scenario)
  • Table 6 Global Energy Storage Technologies Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (W-Shaped Recovery Scenario)
  • Table 7 Global Energy Storage Technologies Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (W-Shaped Recovery Scenario)
  • Table 8 Global Energy Storage Technologies Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (L-Shaped Recovery Scenario)
  • Table 9 Global Energy Storage Technologies Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%)) (L-Shaped Recovery Scenario)
  • Table 10 Global Energy Storage Technologies Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 11 Global Energy Storage Technologies Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 12 Global Energy Storage Technologies Market by Application, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 13 Global Energy Storage Technologies Market by Stationary Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 14 Global Energy Storage Technologies Market by Utility Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 15 Global Energy Storage Technologies Market by Industrial Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 16 Global Energy Storage Technologies Market by Technology, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 17 Global Energy Storage Technologies Market by Application, 2022-2032 (USD Mn, AGR (%), CAGR (%))
  • Table 18 Global Stationary Energy Storage Application Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 19 Global Stationary Energy Storage Application Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 20 Global Transportation Energy Storage Application Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 21 Global Transportation Energy Storage Application Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 22 Global Energy Storage Technologies Market by Stationary Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 23 Global Industrial and Military Use Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 24 Global Industrial and Military Use Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 25 Global Grid-Related-Utility Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 26 Global Grid-Related-Utility Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 27 Global Grid-Related-Residential Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 28 Global Grid-Related-Residential Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 29 Global Energy Storage Technologies Market by Utility Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 30 Global Ancillary Services Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 31 Global Ancillary Services Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 32 Global Peaking Capacity Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 33 Global Peaking Capacity Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 34 Global Energy Shifting Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 35 Global Energy Shifting Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 36 Global Transmission & Distribution Level Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 37 Global Transmission & Distribution Level Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 38 Global Energy Storage Technologies Market by Industrial Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 39 Global Uninterruptible Power Source (UPS) + Data Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 40 Global Uninterruptible Power Source (UPS) + Data Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 41 Global Telecom Backup Power Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 42 Global Telecom Backup Power Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 43 Global Air Conditioning/ Refrigeration Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 44 Global Air Conditioning/ Refrigeration Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 45 Global Hydrogen Refuelling Stations Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 46 Global Hydrogen Refuelling Stations Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 47 Global Other Industrial/Military Uses Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 48 Global Other Industrial/Military Uses Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 49 Global Energy Storage Technologies Market by Technology, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 50 Global Pumped Storage Hydropower Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 51 Global Pumped Storage Hydropower Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 52 Global Lithium-ion Batteries Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 53 Global Lithium-ion Batteries Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 54 Global Lead-acid Batteries Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 55 Global Lead-acid Batteries Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 56 Global Compressed-Air Energy Storage (CAES) Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 57 Global Compressed-Air Energy Storage (CAES) Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 58 Global Redox Flow Batteries (RFBs) Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 59 Global Redox Flow Batteries (RFBs) Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 60 Global Other Technologies Market Forecast, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 61 Global Other Technologies Market by Region, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 62 North America Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 63 North America Energy Storage Technologies Market by Country, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 64 North America Energy Storage Technologies Market by Application, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 65 North America Energy Storage Technologies Market by Stationary Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 66 North America Energy Storage Technologies Market by Utility Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 67 North America Energy Storage Technologies Market by Industrial Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 68 North America Energy Storage Technologies Market by Technology, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 69 US Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 70 Canada Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 71 Europe Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 72 Europe Energy Storage Technologies Market by Country, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 73 Europe Energy Storage Technologies Market by Application, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 74 Europe Energy Storage Technologies Market by Stationary Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 75 Europe Energy Storage Technologies Market by Utility Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 76 Europe Energy Storage Technologies Market by Industrial Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 77 Europe Energy Storage Technologies Market by Technology, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 78 Germany Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 79 UK Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 80 France Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 81 Italy Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 82 Spain Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 83 Rest of Europe Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 84 Asia-Pacific Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 85 Asia-Pacific Energy Storage Technologies Market by Country, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 86 Asia-Pacific Energy Storage Technologies Market by Application, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 87 Asia-Pacific Energy Storage Technologies Market by Stationary Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 88 Asia-Pacific Energy Storage Technologies Market by Utility Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 89 Asia-Pacific Energy Storage Technologies Market by Industrial Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 90 Asia-Pacific Energy Storage Technologies Market by Technology, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 91 China Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 92 India Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 93 Japan Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 94 South Korea Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 95 Australia Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 96 Rest of Asia-Pacific Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 97 South America Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 98 South America Energy Storage Technologies Market by Country, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 99 South America Energy Storage Technologies Market by Application, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 100 South America Energy Storage Technologies Market by Stationary Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 101 South America Energy Storage Technologies Market by Utility Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 102 South America Energy Storage Technologies Market by Industrial Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 103 South America Energy Storage Technologies Market by Technology, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 104 Brazil Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 105 Mexico Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 106 Rest of South America Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 107 Middle East & Africa Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 108 Middle East & Africa Energy Storage Technologies Market by Country, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 109 Middle East & Africa Energy Storage Technologies Market by Application, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 110 Middle East & Africa Energy Storage Technologies Market by Stationary Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 111 Middle East & Africa Energy Storage Technologies Market by Utility Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 112 Middle East & Africa Energy Storage Technologies Market by Industrial Type, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 113 Middle East & Africa Energy Storage Technologies Market by Technology, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 114 South Africa Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 115 Saudi Arabia Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 116 Turkey Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 117 Rest of Middle East & Africa Energy Storage Technologies Market by Value, 2022-2032 (USD Mn, AGR (%), CAGR(%))
  • Table 118 Tata Powers : Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
  • Table 119 Tata Powers : Product Benchmarking
  • Table 120 Tata Powers : Strategic Outlook
  • Table 121 GENERAL ELECTRIC: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
  • Table 122 GENERAL ELECTRIC: Product Benchmarking
  • Table 123 GENERAL ELECTRIC: Strategic Outlook
  • Table 124 LG CHEM: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
  • Table 125 LG CHEM: Product Benchmarking
  • Table 126 LG CHEM: Strategic Outlook
  • Table 127 Showa Denko: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Busi