Energy Storage Market by Type (Batteries, Flywheel Energy Storage, Fuel Cell), Application (Commercial & Industrial, Residential) - Global Forecast 2024-2030

Energy Storage Market by Type (Batteries, Flywheel Energy Storage, Fuel Cell), Application (Commercial & Industrial, Residential) - Global Forecast 2024-2030


The Energy Storage Market size was estimated at USD 127.56 billion in 2023 and expected to reach USD 144.56 billion in 2024, at a CAGR 13.41% to reach USD 307.96 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Energy Storage Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Energy Storage Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Energy Storage Market, highlighting leading vendors and their innovative profiles. These include BYD Motors Inc., Contemporary Amperex Technology Co., Limited., Eguana Technologies Inc., Exide Industries Ltd., General Electric Company, Highview Enterprises Ltd, Hydrostor Inc., Johnson Controls International PLC, Linde PLC, NGK INSULATORS, LTD., Samsung SDI Co., Ltd., Schneider Electric SE, Tesla Inc., The AES Corporation, and Voith GmbH & Co. KGaA by JMV GmbH & Co. KG.

Market Segmentation & Coverage

This research report categorizes the Energy Storage Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Batteries

Flywheel Energy Storage

Fuel Cell

Pumped-Storage Hydroelectricity

Thermal Energy Storage
Application
Commercial & Industrial

Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Energy Storage Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Energy Storage Market?
3. What are the technology trends and regulatory frameworks in the Energy Storage Market?
4. What is the market share of the leading vendors in the Energy Storage Market?
5. Which modes and strategic moves are suitable for entering the Energy Storage Market?PDF E-mail From Publisher (2-5)Users License


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Energy Storage Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Utilities adopting energy storage for capacity
5.1.1.2. Supportive government policies and schemes for energy storage systems
5.1.1.3. Large-scale deployment of solar projects
5.1.2. Restraints
5.1.2.1. Ambiguity in the EU legislation
5.1.3. Opportunities
5.1.3.1. Increasing popularity of Storage-as-a-Service (ESaaS) Service Model
5.1.3.2. Introduction of advanced energy storage systems
5.1.4. Challenges
5.1.4.1. Ethical sourcing associated with energy storage systems
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Energy Storage Market, by Type
6.1. Introduction
6.2. Batteries
6.3. Flywheel Energy Storage
6.4. Fuel Cell
6.5. Pumped-Storage Hydroelectricity
6.6. Thermal Energy Storage
7. Energy Storage Market, by Application
7.1. Introduction
7.2. Commercial & Industrial
7.3. Residential
8. Americas Energy Storage Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Energy Storage Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Energy Storage Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. BYD Motors Inc.
12.1.2. Contemporary Amperex Technology Co., Limited.
12.1.3. Eguana Technologies Inc.
12.1.4. Exide Industries Ltd.
12.1.5. General Electric Company
12.1.6. Highview Enterprises Ltd
12.1.7. Hydrostor Inc.
12.1.8. Johnson Controls International PLC
12.1.9. Linde PLC
12.1.10. NGK INSULATORS, LTD.
12.1.11. Samsung SDI Co., Ltd.
12.1.12. Schneider Electric SE
12.1.13. Tesla Inc.
12.1.14. The AES Corporation
12.1.15. Voith GmbH & Co. KGaA by JMV GmbH & Co. KG
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. ENERGY STORAGE MARKET RESEARCH PROCESS
FIGURE 2. ENERGY STORAGE MARKET SIZE, 2023 VS 2030
FIGURE 3. ENERGY STORAGE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ENERGY STORAGE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ENERGY STORAGE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ENERGY STORAGE MARKET DYNAMICS
FIGURE 7. ENERGY STORAGE MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. ENERGY STORAGE MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ENERGY STORAGE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. ENERGY STORAGE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES ENERGY STORAGE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES ENERGY STORAGE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ENERGY STORAGE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. ENERGY STORAGE MARKET SHARE, BY KEY PLAYER, 2023

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