MARKET INTRODUCTION
The energy storage systems (ESS) offers a broad spectrum of technological approaches which are useful to manage the power supply. It helps in developing better resilient energy infrastructure while boosting cost savings to consumers and utilities. The technologies such as flywheels, solid-state batteries, pumped hydro-power, thermal, flow batteries, and compressed air energy under ESS are deployed heavily around the globe as per the application.
MARKET DYNAMICS
High usage of electric vehicles among the public and perks provided by governmental bodies for promoting electric vehicles are some of the factors responsible for driving the energy storage systems market. Nevertheless, many developing countries are taking initiatives to improve the renewable power generation methods, which is expected to benefit players operating in the energy storage systems market.
MARKET SCOPE
The "Global Energy Storage Systems Market Analysis to 2027" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the energy storage systems market with detailed market segmentation by technology, application, and geography. The global energy storage systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading energy storage systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATIONs
The global energy storage systems market is segmented on the basis of technology and application. Based on technology, the market is segmented into pumped hydro storage, flywheel, compressed air, nickel cadmium, sodium sulphur, lithium, and lead acid. On the basis of application, the energy storage systems market is segmented into on-grid and off-grid.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global energy storage systems market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Energy Storage Systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the energy storage systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the energy storage systems in these regions.
MARKET PLAYERS
The reports cover key developments in the energy storage systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from energy storage systems market are anticipated to lucrative growth opportunities in the future with the rising demand for Energy Storage Systems in the global market. Below mentioned is the list of few companies engaged in the energy storage systems market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the energy storage systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Energy Storage Systems Market - By Technology
1.3.2 Energy Storage Systems Market - By Application
1.3.3 Energy Storage Systems Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ENERGY STORAGE SYSTEMS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ENERGY STORAGE SYSTEMS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ENERGY STORAGE SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1. ENERGY STORAGE SYSTEMS - GLOBAL MARKET OVERVIEW
6.2. ENERGY STORAGE SYSTEMS - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. ENERGY STORAGE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2027 – TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. PUMPED HYDRO STORAGE
7.3.1. Overview
7.3.2. Pumped Hydro Storage Market Forecast and Analysis
7.4. FLYWHEEL
7.4.1. Overview
7.4.2. Flywheel Market Forecast and Analysis
7.5. COMPRESSED AIR
7.5.1. Overview
7.5.2. Compressed Air Market Forecast and Analysis
7.6. NICKEL CADMIUM
7.6.1. Overview
7.6.2. Nickel Cadmium Market Forecast and Analysis
7.7. SODIUM SULPHUR
7.7.1. Overview
7.7.2. Sodium Sulphur Market Forecast and Analysis
7.8. LITHIUM
7.8.1. Overview
7.8.2. Lithium Market Forecast and Analysis
7.9. LEAD ACID
7.9.1. Overview
7.9.2. Lead Acid Market Forecast and Analysis
8. ENERGY STORAGE SYSTEMS MARKET - REVENUE AND FORECASTS TO 2027 – APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. ON-GRID
8.3.1. Overview
8.3.2. On-grid Market Forecast and Analysis
8.4. OFF-GRID
8.4.1. Overview
8.4.2. Off-grid Market Forecast and Analysis
9. ENERGY STORAGE SYSTEMS MARKET REVENUE AND FORECASTS TO 2027 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.5.1 United States Energy Storage Systems Market
9.1.5.2 Canada Energy Storage Systems Market
9.1.5.3 Mexico Energy Storage Systems Market
9.2. EUROPE
9.2.5.1 Germany Energy Storage Systems Market
9.2.5.2 France Energy Storage Systems Market
9.2.5.3 Italy Energy Storage Systems Market
9.2.5.4 United Kingdom Energy Storage Systems Market
9.2.5.5 Russia Energy Storage Systems Market
9.2.5.6 Rest of Europe Energy Storage Systems Market
9.3. ASIA-PACIFIC
9.3.5.1 Australia Energy Storage Systems Market
9.3.5.2 China Energy Storage Systems Market
9.3.5.3 India Energy Storage Systems Market
9.3.5.4 Japan Energy Storage Systems Market
9.3.5.5 South Korea Energy Storage Systems Market
9.3.5.6 Rest of Asia-Pacific Energy Storage Systems Market
9.4. MIDDLE EAST AND AFRICA
9.4.5.1 South Africa Energy Storage Systems Market
9.4.5.2 Saudi Arabia Energy Storage Systems Market
9.4.5.3 U.A.E Energy Storage Systems Market
9.4.5.4 Rest of Middle East and Africa Energy Storage Systems Market
9.5. SOUTH AND CENTRAL AMERICA
9.5.5.1 Brazil Energy Storage Systems Market
9.5.5.2 Argentina Energy Storage Systems Market
9.5.5.3 Rest of South and Central America Energy Storage Systems Market
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ENERGY STORAGE SYSTEMS MARKET, KEY COMPANY PROFILES
11.1. ABB LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALTAIRNANO
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ACTIVE POWER(PILLER GROUP GMBH)
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BYD CO LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. EVAPCO INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GS YUASA CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HITACHI LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. MAXWELL TECHNOLOGIES, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIEMENS AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE FURUKAWA BATTERY CO.,LTD.(THE FURUKAWA ELECTRIC CO.,LTD.)
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies