Grid-Scale Battery Market by Battery Type (Flow Battery, Lead Acid, Lithium-Ion), Ownership Model (Third-Party-Owned, Utility-Owned), Application - Global Forecast 2024-2030

Grid-Scale Battery Market by Battery Type (Flow Battery, Lead Acid, Lithium-Ion), Ownership Model (Third-Party-Owned, Utility-Owned), Application - Global Forecast 2024-2030


The Grid-Scale Battery Market size was estimated at USD 6.82 billion in 2023 and expected to reach USD 7.91 billion in 2024, at a CAGR 16.21% to reach USD 19.53 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Grid-Scale Battery 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 Grid-Scale Battery 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 Grid-Scale Battery Market, highlighting leading vendors and their innovative profiles. These include AES Corporation, Bloom Energy Corporation, BYD Co Ltd, Contemporary Amperex Technology Co Ltd, East Penn Manufacturing Company, Enphase Energy, Inc., Fluence Energy, LLC, General Electric Company, Gs Yuasa Corporation, Hitachi, Ltd., Johnson Controls Battery Group, Inc, LG Chem, Ltd., Mitsubishi Motors Corporation, NextEra Energy, Inc, and NGK Insulators, Ltd..

Market Segmentation & Coverage



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

Battery Type
Flow Battery
Lead Acid
Lithium-Ion
Nickel Metal Hydride Battery
Nickel–Cadmium Battery
Nickel–Iron Battery
Sodium-Based Battery
Ownership Model
Third-Party-Owned
Utility-Owned
Application
Ancillary Services
Backup Power
Peak Shifting
Renewable Integration
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 Grid-Scale Battery Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Grid-Scale Battery Market?
3. What are the technology trends and regulatory frameworks in the Grid-Scale Battery Market?
4. What is the market share of the leading vendors in the Grid-Scale Battery Market?
5. Which modes and strategic moves are suitable for entering the Grid-Scale Battery Market?

Note: PDF & Excel + Online Access - 1 Year


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. Grid-Scale Battery Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing investment in renewable energy
5.1.1.2. Increasing demand for improved stability, reliability, and resiliency of the grid
5.1.1.3. Lowering prices of lithium-ion batteries
5.1.2. Restraints
5.1.2.1. Environmental concerns associated with grid-scale battery
5.1.3. Opportunities
5.1.3.1. Improve focus on rural electrification using the grid-scale battery
5.1.3.2. Research for advancements in grid-scale battery
5.1.4. Challenges
5.1.4.1. Low cycle life of batteries and safety concern
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. Grid-Scale Battery Market, by Battery Type
6.1. Introduction
6.2. Flow Battery
6.3. Lead Acid
6.4. Lithium-Ion
6.5. Nickel Metal Hydride Battery
6.6. Nickel–Cadmium Battery
6.7. Nickel–Iron Battery
6.8. Sodium-Based Battery
7. Grid-Scale Battery Market, by Ownership Model
7.1. Introduction
7.2. Third-Party-Owned
7.3. Utility-Owned
8. Grid-Scale Battery Market, by Application
8.1. Introduction
8.2. Ancillary Services
8.3. Backup Power
8.4. Peak Shifting
8.5. Renewable Integration
9. Americas Grid-Scale Battery Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Grid-Scale Battery Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Grid-Scale Battery Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. AES Corporation
13.1.2. Bloom Energy Corporation
13.1.3. BYD Co Ltd
13.1.4. Contemporary Amperex Technology Co Ltd
13.1.5. East Penn Manufacturing Company
13.1.6. Enphase Energy, Inc.
13.1.7. Fluence Energy, LLC
13.1.8. General Electric Company
13.1.9. Gs Yuasa Corporation
13.1.10. Hitachi, Ltd.
13.1.11. Johnson Controls Battery Group, Inc
13.1.12. LG Chem, Ltd.
13.1.13. Mitsubishi Motors Corporation
13.1.14. NextEra Energy, Inc
13.1.15. NGK Insulators, Ltd.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. GRID-SCALE BATTERY MARKET RESEARCH PROCESS
FIGURE 2. GRID-SCALE BATTERY MARKET SIZE, 2023 VS 2030
FIGURE 3. GRID-SCALE BATTERY MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GRID-SCALE BATTERY MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GRID-SCALE BATTERY MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. GRID-SCALE BATTERY MARKET DYNAMICS
FIGURE 7. GRID-SCALE BATTERY MARKET SIZE, BY BATTERY TYPE, 2023 VS 2030 (%)
FIGURE 8. GRID-SCALE BATTERY MARKET SIZE, BY BATTERY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GRID-SCALE BATTERY MARKET SIZE, BY OWNERSHIP MODEL, 2023 VS 2030 (%)
FIGURE 10. GRID-SCALE BATTERY MARKET SIZE, BY OWNERSHIP MODEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GRID-SCALE BATTERY MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. GRID-SCALE BATTERY MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS GRID-SCALE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS GRID-SCALE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES GRID-SCALE BATTERY MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES GRID-SCALE BATTERY MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC GRID-SCALE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC GRID-SCALE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA GRID-SCALE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA GRID-SCALE BATTERY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. GRID-SCALE BATTERY MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. GRID-SCALE BATTERY MARKET SHARE, BY KEY PLAYER, 2023

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