Press Resease

Grid-Scale Battery Market by Type (Lithium-Ion, Lead Acid, Flow, Sodium-Based, and Others), by Application (Renewable Integration, Peak Shift, Ancillary Services, Back-Up Power, and Others), and by Ownership-Model (Third-Party Owned and Utility Owned): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Published Date: 26-Jun-2019 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-3458 Status : Published

Global grid-scale battery market expected to reach around USD 8.78 billion by 2025, at a CAGR of 33.5% between 2019 and 2025. Grid-scale battery is a large-scale energy storage device. This grid-scale battery stores electrical energy on a huge scale inside of an electrical power grid.

Description

The report covers a forecast and an analysis of the grid-scale battery market on a global and regional level. The study provides historical information from 2016 to 2018 along with a forecast from 2019 to 2025 based on both volume (K Units) and revenue (USD Billion). The complete study covers the key drivers and restraints of the grid-scale battery market. It also provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the grid-scale battery market on a global level.

In order to offer the users of this report, a comprehensive read of the grid-scale battery market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the grid-scale battery market has additionally been enclosed. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.

Global Grid Scale Battery Market

The study also includes the market share of the key participant’s operating in the grid-scale battery market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.

The study provides a crucial view of the grid-scale battery market by segmenting the market based on type, application, ownership-model, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.

The major players of the global grid-scale battery market are Tesla, BYD, Panasonic, Fluence, NGK Insulators, Samsung, Mitsubishi Electric, General Electric, Electrovaya, Hitachi, GS Yuasa, ABB Group, Saft, Sumitomo Electric, S&C Electric, Toshiba, Johnson Controls, LG Chem, and EnerVault.

This report segments the global grid-scale battery market into:

Global Grid-Scale Battery Market: Type Analysis

  • Lithium-Ion
  • Lead Acid
  • Flow
  • Sodium-Based
  • Others

Global Grid-Scale Battery Market: Application Analysis

  • Renewable Integration
  • Peak Shift
  • Ancillary Services
  • Back-Up Power
  • Others

Global Grid-Scale Battery Market: Ownership-Model Analysis

  • Third-Party Owned
  • Utility Owned

Global Grid-Scale Battery Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description
      • 1.1.1. Objective
      • 1.1.2. Target Audience
      • 1.1.3. Unique Selling Proposition (USP) & Offerings
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
      • 1.3.3. Level 1: Primary Research
      • 1.3.4. Level 2: Secondary Research
      • 1.3.5. Level 3: Data Validation and Expert Panel Assessment Report description and scope
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Grid-Scale Battery Market, 2016-2025 (K Units) (USD Billion)
    • 2.2. Grid-Scale Battery Market: Snapshot
  •  
  • Chapter 3. Grid-Scale Battery Market: Industry Analysis
    • 3.1. Grid-Scale Battery Market: Dynamics
      • 3.1.1. Introduction
    • 3.2. Value Chain Analysis
      • 3.2.1. Grid-Scale Battery Market: Value Chain Analysis
    • 3.3. Market Drivers
    • 3.4. Restraints
    • 3.5. Opportunity
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market Attractiveness Analysis byType
      • 3.7.2. Market Attractiveness Analysis byApplication
      • 3.7.3. Market Attractiveness Analysis by Ownership-Model
      • 3.7.4. Market Attractiveness Analysis by Region
  •  
  • Chapter 4. Global Grid-Scale Battery Market: Value Chain Analysis
    • 4.1. Grid-Scale Battery Market: Value Chain Analysis
    • 4.2. Grid-Scale Battery Market Raw Material Analysis
      • 4.2.1. List of Raw Materials
      • 4.2.2. Grid-Scale Battery Market Raw Material Manufacturers List
      • 4.2.3. Price Trends of Grid-Scale Battery Market Key Raw Materials
    • 4.3. List of Potential Buyers
    • 4.4. Marketing Channel
      • 4.4.1. Direct Marketing
      • 4.4.2. Indirect Marketing
      • 4.4.3. Marketing Channel Development Trend
  •  
  • Chapter 5. Global Grid-Scale Battery Market: Competitive Landscape
    • 5.1. Company Market Share Analysis
      • 5.1.1. Global Grid-Scale Battery Market: Company Market Share, 2018
    • 5.2. Strategic Development
      • 5.2.1. Acquisitions & Mergers
      • 5.2.2. New Product Launch
      • 5.2.3. Agreements, Partnerships, Collaborations, and Joint Ventures
      • 5.2.4. Research and Development and Regional Expansion
    • 5.3. Type Portfolio
  •  
  • Chapter 6. Global Grid-Scale Battery Market: Type Overview
    • 6.1. Global Grid-Scale Battery Market Share, by Type, 2018 and 2025
    • 6.2. Lithium-Ion
      • 6.2.1. Overview
      • 6.2.2. Global Grid-Scale Battery Market by Lithium-Ion, 2016-2025 (K Units) (USD Billion)
    • 6.3. Lead Acid
      • 6.3.1. Overview
      • 6.3.2. Global Grid-Scale Battery Market by Lead Acid, 2016-2025 (K Units) (USD Billion)
    • 6.4. Flow
      • 6.4.1. Overview
      • 6.4.2. Global Grid-Scale Battery Market by Flow, 2016-2025 (K Units) (USD Billion)
    • 6.5. Sodium-Based
      • 6.5.1. Overview
      • 6.5.2. Global Grid-Scale Battery Market by Sodium-Based, 2016-2025 (K Units) (USD Billion)
    • 6.6. Others
      • 6.6.1. Overview
      • 6.6.2. Global Grid-Scale Battery Market by Others, 2016-2025 (K Units) (USD Billion)
  •  
  • Chapter 7. Global Grid-Scale Battery Market: Application Overview
    • 7.1. Global Grid-Scale Battery Market Share, by Application, 2018 and 2025
    • 7.2. Renewable Integration
      • 7.2.1. Overview
      • 7.2.2. Global Grid-Scale Battery Market for Renewable Integration, 2016-2025 (K Units) (USD Billion)
    • 7.3. Peak Shift
      • 7.3.1. Overview
      • 7.3.2. Global Grid-Scale Battery Market for Peak Shift, 2016-2025 (K Units) (USD Billion)
    • 7.4. Ancillary Services
      • 7.4.1. Overview
      • 7.4.2. Global Grid-Scale Battery Market for Ancillary Services, 2016-2025 (K Units) (USD Billion)
    • 7.5. Back-Up Power
      • 7.5.1. Overview
      • 7.5.2. Global Grid-Scale Battery Market for Back-Up Power, 2016-2025 (K Units) (USD Billion)
    • 7.6. Others
      • 7.6.1. Overview
      • 7.6.2. Global Grid-Scale Battery Market for Others, 2016-2025 (K Units) (USD Billion)
  •  
  • Chapter 8. Global Grid-Scale Battery Market: Ownership-Model Overview
    • 8.1. Global Grid-Scale Battery Market Share, by Ownership-Model, 2018 and 2025
    • 8.2. Third-Party Owned
      • 8.2.1. Overview
      • 8.2.2. Global Grid-Scale Battery Market for Third-Party Owned, 2016-2025 (K Units) (USD Billion)
    • 8.3. Utility Owned
      • 8.3.1. Overview
      • 8.3.2. Global Grid-Scale Battery Market for Utility Owned, 2016-2025 (K Units) (USD Billion)
  •  
  • Chapter 9. Global Grid-Scale Battery Market: Regional Analysis
    • 9.1. Global Grid-Scale Battery Market: Regional overview
      • 9.1.1. Global Grid-Scale Battery Market Share, by Region, 2018 and 2025
    • 9.2. North America
      • 9.2.1. Overview
      • 9.2.2. North America Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
      • 9.2.3. North America Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.2.4. North America Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
      • 9.2.5. North America Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.2.6. North America Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
      • 9.2.7. North America Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.2.8. The U.S.
        • 9.2.8.1. The U.S. Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.2.8.2. The U.S. Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.2.8.3. The U.S. Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.2.8.4. The U.S. Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.2.8.5. The U.S. Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.2.8.6. The U.S. Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.2.9. Rest of North America
        • 9.2.9.1. Rest of North America Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.2.9.2. Rest of North America Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.2.9.3. Rest of North America Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.2.9.4. Rest of North America Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.2.9.5. Rest of North America Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.2.9.6. Rest of North America Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Overview
      • 9.3.2. Europe Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
      • 9.3.3. Europe Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.3.4. Europe Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
      • 9.3.5. Europe Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.3.6. Europe Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
      • 9.3.7. Europe Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.3.8. UK
        • 9.3.8.1. UK Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.8.2. UK Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.8.3. UK Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.8.4. UK Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.8.5. UK Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.3.8.6. UK Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.3.9. France
        • 9.3.9.1. France Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.9.2. France Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.9.3. France Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.9.4. France Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.9.5. France Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.3.9.6. France Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.3.10. Germany
        • 9.3.10.1. Germany Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.10.2. Germany Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.10.3. Germany Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.10.4. Germany Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.10.5. Germany Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.3.10.6. Germany Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.3.11. Rest of Europe
        • 9.3.11.1. Rest of Europe Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.3.11.2. Rest of Europe Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.3.11.3. Rest of Europe Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.3.11.4. Rest of Europe Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.3.11.5. Rest of Europe Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.3.11.6. Rest of Europe Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Overview
      • 9.4.2. Asia Pacific Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
      • 9.4.3. Asia Pacific Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.4.4. Asia Pacific Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
      • 9.4.5. Asia Pacific Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.4.6. Asia Pacific Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
      • 9.4.7. Asia Pacific Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.4.8. China
        • 9.4.8.1. China Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.8.2. China Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.8.3. China Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.8.4. China Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.8.5. China Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.4.8.6. China Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.4.9. Japan
        • 9.4.9.1. Japan Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.9.2. Japan Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.9.3. Japan Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.9.4. Japan Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.9.5. Japan Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.4.9.6. Japan Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.4.10. India
        • 9.4.10.1. India Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.10.2. India Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.10.3. India Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.10.4. India Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.10.5. India Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.4.10.6. India Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.4.11. Rest of Asia Pacific
        • 9.4.11.1. Rest of Asia Pacific Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.4.11.2. Rest of Asia Pacific Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.4.11.3. Rest of Asia Pacific Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.4.11.4. Rest of Asia Pacific Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.4.11.5. Rest of Asia Pacific Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.4.11.6. Rest of Asia Pacific Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
      • 9.5.2. Latin America Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.5.3. Latin America Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
      • 9.5.4. Latin America Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.5.5. Latin America Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
      • 9.5.6. Latin America Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.5.7. Brazil
        • 9.5.7.1. Brazil Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.5.7.2. Brazil Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.5.7.3. Brazil Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.5.7.4. Brazil Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.5.7.5. Brazil Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.5.7.6. Brazil Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
      • 9.5.8. Rest of Latin America
        • 9.5.8.1. Rest of Latin America Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
        • 9.5.8.2. Rest of Latin America Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
        • 9.5.8.3. Rest of Latin America Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
        • 9.5.8.4. Rest of Latin America Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
        • 9.5.8.5. Rest of Latin America Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
        • 9.5.8.6. Rest of Latin America Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
    • 9.6. The Middle East and Africa
      • 9.6.1. The Middle East and Africa Grid-Scale Battery Market Volume, by Type, 2016-2025 (K Units)
      • 9.6.2. The Middle East and Africa Grid-Scale Battery Market Revenue, by Type, 2016-2025 (USD Billion)
      • 9.6.3. The Middle East and Africa Grid-Scale Battery Market Volume, by Application, 2016-2025 (K Units)
      • 9.6.4. The Middle East and Africa Grid-Scale Battery Market Revenue, by Application, 2016-2025 (USD Billion)
      • 9.6.5. The Middle East and Africa Grid-Scale Battery Market Volume, by Ownership-Model, 2016-2025 (K Units)
      • 9.6.6. The Middle East and Africa Grid-Scale Battery Market Revenue, by Ownership-Model, 2016-2025 (USD Billion)
  •  
  • Chapter 10. Company Profiles
    • 10.1. Tesla
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product Portfolio
      • 10.1.4. Business Strategy
      • 10.1.5. Recent Developments
    • 10.2. BYD
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product Portfolio
      • 10.2.4. Business Strategy
      • 10.2.5. Recent Developments
    • 10.3. Panasonic
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product Portfolio
      • 10.3.4. Business Strategy
      • 10.3.5. Recent Developments
    • 10.4. Fluence
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product Portfolio
      • 10.4.4. Business Strategy
      • 10.4.5. Recent Developments
    • 10.5. NGK Insulators
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product Portfolio
      • 10.5.4. Business Strategy
      • 10.5.5. Recent Developments
    • 10.6. Samsung
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product Portfolio
      • 10.6.4. Business Strategy
      • 10.6.5. Recent Developments
    • 10.7. Mitsubishi Electric
      • 10.7.1. Overview
      • 10.7.2. Financials
      • 10.7.3. Product Portfolio
      • 10.7.4. Business Strategy
      • 10.7.5. Recent Developments
    • 10.8. General Electric
      • 10.8.1. Overview
      • 10.8.2. Financials
      • 10.8.3. Product Portfolio
      • 10.8.4. Business Strategy
      • 10.8.5. Recent Developments
    • 10.9. Electrovaya
      • 10.9.1. Overview
      • 10.9.2. Financials
      • 10.9.3. Product Portfolio
      • 10.9.4. Business Strategy
      • 10.9.5. Recent Developments
    • 10.10. Hitachi
      • 10.10.1. Overview
      • 10.10.2. Financials
      • 10.10.3. Product Portfolio
      • 10.10.4. Business Strategy
      • 10.10.5. Recent Developments
    • 10.11. GS Yuasa
      • 10.11.1. Overview
      • 10.11.2. Financials
      • 10.11.3. Product Portfolio
      • 10.11.4. Business Strategy
      • 10.11.5. Recent Developments
    • 10.12. ABB Group
      • 10.12.1. Overview
      • 10.12.2. Financials
      • 10.12.3. Product Portfolio
      • 10.12.4. Business Strategy
      • 10.12.5. Recent Developments
    • 10.13. Saft
      • 10.13.1. Overview
      • 10.13.2. Financials
      • 10.13.3. Product Portfolio
      • 10.13.4. Business Strategy
      • 10.13.5. Recent Developments
    • 10.14. Sumitomo Electric
      • 10.14.1. Overview
      • 10.14.2. Financials
      • 10.14.3. Product Portfolio
      • 10.14.4. Business Strategy
      • 10.14.5. Recent Developments
    • 10.15. S&C Electric
      • 10.15.1. Overview
      • 10.15.2. Financials
      • 10.15.3. Product Portfolio
      • 10.15.4. Business Strategy
      • 10.15.5. Recent Developments
    • 10.16. Toshiba
      • 10.16.1. Overview
      • 10.16.2. Financials
      • 10.16.3. Product Portfolio
      • 10.16.4. Business Strategy
      • 10.16.5. Recent Developments
    • 10.17. Johnson Controls
      • 10.17.1. Overview
      • 10.17.2. Financials
      • 10.17.3. Product Portfolio
      • 10.17.4. Business Strategy
      • 10.17.5. Recent Developments
    • 10.18. LG Chem
      • 10.18.1. Overview
      • 10.18.2. Financials
      • 10.18.3. Product Portfolio
      • 10.18.4. Business Strategy
      • 10.18.5. Recent Developments
    • 10.19. EnerVault
      • 10.19.1. Overview
      • 10.19.2. Financials
      • 10.19.3. Product Portfolio
      • 10.19.4. Business Strategy
      • 10.19.5. Recent Developments

Methodology

Free Analysis

Grid-scale battery is a large-scale energy storage device. This grid-scale battery stores electrical energy on a huge scale inside of an electrical power grid. These batteries are used in a wide range of applications, such as peak shift, renewable integration, back-up power, and ancillary services.

The global grid-scale battery market is likely to experience significant growth over the upcoming years, owing to the rising implementation of automation across various end-user industries. The growing investments for renewable resources are also expected to fuel the global grid-scale battery market over the forecast time period. The decreasing costs of grid-scale batteries due to expanded deployment and technological advancements are projected to further propel the global grid-scale battery market growth in the years to come. However, huge capital investments and harmful environmental effects of grid-scale batteries may restrict the global grid-scale battery market development in the future. Alternatively, the increasing focus on rural electrification by leading market players, particularly in developing countries will create new growth opportunities.

Global Grid Scale Battery Market

The global grid-scale battery market is fragmented into type, application, and ownership-model. By type, the global grid-scale battery market includes lithium-ion, lead acid, flow, sodium based, and others. Lithium-ion batteries were the fastest growing market segment and accounted for a significant share in 2018. On the basis of application, the global grid-scale battery market includes integration, peak shift, ancillary services, back-up power, and others. The renewable integration segment held a major share of the global grid-scale battery in 2018. By ownership-model, the global grid-scale battery market includes third-party owned and utility owned. In 2018, the third-party owned segment dominated the global grid-scale battery market.

In 2018, North America was the largest region in the global grid-scale battery market. This growth is mainly attributed to the rising investments for renewable energy sources across the region. In the U.S, the increasing number of government policies and guidelines for utilities and rising focus on reducing cost and increasing energy efficiency are anticipated to further propel the grid-scale battery market in the upcoming years. The Asia Pacific grid-scale battery market is anticipated to register the fastest CAGR over the next few years, owing to the rising urbanization and growing industrialization in the region, particularly in the emerging economies of China and India.

The major players of the global grid-scale battery market are Tesla, BYD, Panasonic, Fluence, NGK Insulators, Samsung, Mitsubishi Electric, General Electric, Electrovaya, Hitachi, GS Yuasa, ABB Group, Saft, Sumitomo Electric, S&C Electric, Toshiba, Johnson Controls, LG Chem, and EnerVault.

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