Press release
Rapid Growth in Energy Storage System Market 2019 Size, Share, Emerging Trends, Global Industry Growth by Top Key Players – GS Yuasa Corporation, Contemporary Amperex Technology Co. Limited, UNIENERGY TECHNOLOGIES LLC, BYD Co. Ltd, Johnson Controls Inte
The Global Energy Storage System Market was valued at USD XX million in 2019 and is expected to grow at a CAGR of XX% between 2019 and 2026.Increasing consumer awareness regarding energy efficiency in residential and commercial buildings is one of the major factor which is expected to drive the demand of energy storage system during the forecast period. On contrary, high cost can restrain the market.
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About Energy Storage System -
• Energy storage systems provide a wide array of technological approaches to managing power supply in order to create a more resilient energy infrastructure and bring cost savings to utilities and consumers.
• Energy storage systems are essential to the operation of power systems.
• They ensure continuity of energy supply and improve the reliability of the system.
• An energy storage system is utilized in order to store energy during high electricity production periods and return it to consumption at low or very high wind speed periods.
The Global Energy Storage System Industry Segmentation –
• On the basis of Type into batteries, pumped-storage hydroelectricity, thermal energy storage, flywheel energy storage, and others.
• On the basis of Application, the market is segmented into residential, commercial, and industrial.
• On the basis of Region into North America, Europe, Asia Pacific, Middle East & Africa and South America.
No.of Pages - 121
No of Key Players - 10
The key players profiled in the market include: -
• GS Yuasa Corporation
• Contemporary Amperex Technology Co. Limited
• UNIENERGY TECHNOLOGIES LLC
• BYD Co. Ltd
• Johnson Controls International PLC
• LG Chem Ltd
• NGK Insulators Ltd
• Samsung SDI Co. Ltd
• Tesla Inc.
• Ice Energy Inc.
What you can expect from our report:
• Total Addressable Market [ Present Market Size forecasted to 2026 with CAGR ]
• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
• Country wise Market Size Split [Important countries with major market share]
• Market Size Breakdown by Product/ Service Types – [ ]
• Market Size by Application/Industry verticals/ End Users – [ ]
• Market Share and Revenue/Sales of 10-15 Leading Players in the Market
• Production Capacity of Leading Players whenever applicable
• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
• Pricing Trend Analysis – Average Pricing across regions
• Brandwise Ranking of Major Market Players globally
Benefits of Purchasing Global Energy Storage System Market Report:
• Inimitable Expertise: Analysts will provide deep insights into the reports.
• Analyst Support: Get your query resolved from our team before and after purchasing the report.
• Customer’s Satisfaction: Our team will assist with all your research needs and customize the report.
• Assured Quality: We focus on the quality and accuracy of the report.
Key Benefits of the Report:
• Global, and regional, type & application market size and their forecast from 2019-2026
• Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing the growth of the market
• Detailed analysis on industry outlook with market specific PEST analysis, and Supply Chain to better understand the market and build expansion strategies
• Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
• Analysis on key player’s strategic initiatives and competitive developments, such as agreements & joint ventures, mergers & acquisitions, expansion, and new product launches in the market
• Expert interviews and their insights on market trends, market shift, current and future outlook, and factors impacting vendors’ short term & long term strategies
• Detailed insights on emerging regions, type and application with qualitative and quantitative information and facts
Key Target Audience of the Report:
• Energy Storage System Equipment & Technology Providers
• Traders, Importers, and Exporters
• Raw Material Suppliers and Distributors
• Research and Consulting Firms
• Government and Research Organizations
• Associations and Industry Bodies
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Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
• Manufacturers
• Suppliers
• Distributors
• Government Body & Associations
• Research Institutes
On the basis of type, the market is split into
• Batteries
• Pumped-storage Hydroelectricity
• Thermal Energy Storage
• Flywheel Energy Storage
• Others
On the basis of application, the market is split into
• Residential
• Commercial
• Industrial
Moreover, the market is classified based on regions and countries as follows:
• North America- U.S., Canada
• Europe- U.K., France, Germany, Italy and Rest of Europe
• Asia-Pacific- China, Japan, India and Rest of Asia Pacific
• South America- Brazil, Mexico and Rest of South America
• Middle East & Africa- South Africa, Saudi Arabia and Rest of Middle East & Africa
The global energy storage system market is segmented on the basis of type, application and region, with focus on manufacturers in North America, Europe, Asia Pacific, Middle East & Africa and South America.
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Table of Content
1. Executive Summary
2. Introduction
2.1. Objective of the Study
2.2. Market Definition
2.3. Market Segmentation & Scope
3. Research Methodology
3.1. Research Methodology
3.2. Research Scope & Assumptions
4. Global Energy Storage System Market Overview
4.1. Introduction Market Trends
4.2. Market Trends
4.2.1. Market Driver Analysis
4.2.2. Market Restraint Analysis
4.2.3. Market Opportunity Analysis
4.2.4. Market Challenge Analysis
4.3. Global Energy Storage System Market- Supply Chain Analysis
4.4. Global Energy Storage System Market- Porter's Five Force Analysis
4.5. Technology Progress in Related Industry
4.6. Regulatory Trends
5. Global Energy Storage System Market by Type
5.1. Introduction
5.2. Batteries
5.2.1. Global Batteries As Energy Storage System Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.3. Pumped-storage Hydroelectricity
5.3.1. Global Pumped-storage Hydroelectricity As Energy Storage System Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.4. Thermal Energy Storage
5.4.1. Global Thermal Energy Storage Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.5. Others
5.5.1. Global Other Energy Storage System Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
6. Global Energy Storage System Market by Application
6.1. Introduction
6.2. Residential
6.2.1. Global Energy Storage System Market Revenue (USD Million) and Volume (Units) in Residential Application by Region, 2015 - 2026
6.3. Commercial
6.3.1. Global Energy Storage System Market Revenue (USD Million) and Volume (Units) in Commercial Application by Region, 2015 - 2026
6.4. Industrial
6.4.1. Global Energy Storage System Market Revenue (USD Million) and Volume (Units) in Industrial Application by Region, 2015 - 2026
7. Global Energy Storage System Market by Region
7.1. Global Energy Storage System Market Regional Analysis, 2015-2026
7.2. Global Energy Storage System Market Revenue (USD Million) by Region, 2015-2026
7.3. Global Energy Storage System Market Consumption (Units) by Region, 2015-2026
7.4. Global Energy Storage System Market Production (Units) by Region, 2015-2026
8. North America Energy Storage System Market
8.1. North America Energy Storage System Market Analysis
8.1.1. North America Energy Storage System Market Revenue (USD Million), Volume (Units) and Production (Units), 2015-2026
8.2. North America Energy Storage System Market by Application, 2015-2026
8.3. North America Energy Storage System Market by Country, 2015-2026
8.3.1. US Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
8.3.2. Canada Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
8.3.3. Mexico Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
8.4. Potential Buyers in North America
9. Europe Energy Storage System Market
9.1. Europe Energy Storage System Market Analysis
9.1.1. Europe Energy Storage System Market Revenue (USD Million), Volume (Units) and Production (Units), 2015-2026
9.2. Europe Energy Storage System Market by Application, 2015-2026
9.3. Europe Energy Storage System Market by Country, 2015-2026
9.3.1. Germany Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.2. France Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.3. UK Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.4. Spain Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.5. Italy Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.6. Rest of Europe Energy Storage System Market Revenue (USD Million), Volume (Units), 2015-2026
9.4. Potential Buyers in Europe
……………………………….Continued
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