Press release
Global Energy Storage Battery for Microgrids Market: Market share, size, opportunities, growth, and industry analysis and forecast 2018-2025
The global energy storage battery for microgrids industry mainly concentrates in EU, USA and Japan. The global leading players in this market are NGK Group, Samsung SDI, NEC, Panasonic, MHI and Toshiba etc., which accounts for 49.38% of total revenue in 2015. In China the market leaders are BYD, CALB and ATL.
The USA and China are the major consumer regions in global energy storage battery for microgrids market. The energy storage battery for microgrids is mainly used in household, enterprise, utility. The application market share of Utility is up to 87.68%.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of energy storage products at home and abroad, many companies began to enter the field. Currently, the Chinese energy storage battery for microgrids is not only begun to transit to renewable energy installations field, while still extend in the downstream industry chain.
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This report studies the global Energy Storage Battery for Microgrids market status and forecast, categorizes the global Energy Storage Battery for Microgrids market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).
The global Energy Storage Battery for Microgrids market is valued at 190 million US$ in 2017 and will reach 340 million US$ by the end of 2025, growing at a CAGR of 7.5% during 2018-2025.
The major manufacturers covered in this report
NGK Group
Samsung SDI
NEC
Panasonic
MHI
Toshiba
S&C Electric
Beacon Power
CALMAC
Saft
Sumitomo Electric
EnSync
Eos Energy Storage
OutBack Power
Younicos
BYD
CALB
ATL
Rongke Power
Shen-li High Tech
Meineng
Chilwee
Narada
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Sodium-sulfur battery
VRLA Lead Acid
Lithium-ion
Others
By Application, the market can be split into
Household
Enterprise
Utility
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