Grid-Scale Battery Market Size, Share, Industry 2030
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
Global grid-scale battery market size was valued at approximately USD 2.8 Billion in 2019 and is expected to reach USD 8.78 Billion by 2025, at a CAGR of 33.5% between 2019 and 2025. Grid-Scale Battery industry share by Type, Application, Ownership-Model and Region.
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.
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.
Grid-Scale Battery Market report Scope :
| Report Attributes | Report Details |
|---|---|
| Report Name | Grid-Scale Battery Market Research Report |
| Market Size in 2019 | USD xx Billion |
| Market Forecast in 2025 | USD 8.78 Billion |
| Compound Annual Growth Rate | CAGR of 33.5% |
| Number of Pages | 147 |
| Forecast Units | Value (USD Billion) Volume (K Units) |
| Key Companies Covered | 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. |
| Segments Covered | By Type, By Application, By Ownership-Model, By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
| Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
| Base Year | 2016 |
| Historical Year | 2015 - 2018 |
| Forecast Year | 2019 - 2025 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
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
Methodology
Free Analysis
FrequentlyAsked Questions
The growing demand for renewable energy sources such as solar and wind power is driving the demand for grid-scale batteries. These batteries can store excess energy generated during periods of high output and discharge it during periods of low output.
According to Zion Market Research, the global grid-scale battery market size was valued at approximately USD 2.8 billion in 2019 and is expected to reach USD 8.6 billion by 2025.
The CAGR value of the grid-scale battery market is expected to be around 33.5% during 2019-2025.
The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
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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