Stationary Energy Storage Market by Battery Type (Flow Battery, Lead Acid, Lithium-ion (Li-ion)), Application (Behind the Meter, Grid Services) - Global Forecast 2024-2030

Stationary Energy Storage Market by Battery Type (Flow Battery, Lead Acid, Lithium-ion (Li-ion)), Application (Behind the Meter, Grid Services) - Global Forecast 2024-2030


The Stationary Energy Storage Market size was estimated at USD 42.57 billion in 2023 and expected to reach USD 52.29 billion in 2024, at a CAGR 22.95% to reach USD 180.87 billion by 2030.

Global Stationary Energy Storage Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Stationary 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 Stationary 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 Stationary Energy Storage Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., BASF SE, BSL NEW ENERGY THCHENOLOGY CO., LTD, BYD Company Limited, Cummins Inc., Duracell Power Center, Electrovaya Inc., EnerSys Inc., Exide Technologies, Faradion Limited, Fluence Energy Inc., Impact Clean Power Technology SA, INTILION AG, Leclanché SA, PowerPlus Energy Pty Ltd ., SAMSUNG SDI CO.,LTD., Schlumberger Limited, Siemens AG, Solar MD, Startec Energy, Tesla, Inc., TESVOLT AG, THE FURUKAWA BATTERY CO., LTD., VARTA AG, and Verkor.

Market Segmentation & Coverage

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

Battery Type
Flow Battery
Lead Acid
Lithium-ion (Li-ion)
Sodium Sulfur
Application
Behind the Meter
Grid Services
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 Stationary Energy Storage Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Stationary Energy Storage Market?
3. What are the technology trends and regulatory frameworks in the Stationary Energy Storage Market?
4. What is the market share of the leading vendors in the Stationary Energy Storage Market?
5. Which modes and strategic moves are suitable for entering the Stationary Energy Storage 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. Stationary Energy Storage Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand for renewable energy
5.1.1.2. Increasing adoption of solar storage hybrid power system
5.1.1.3. Increasing electrification in transportation sector
5.1.2. Restraints
5.1.2.1. Fluctuating cost for stationary energy storage system
5.1.3. Opportunities
5.1.3.1. Technological advancement in battery storage system
5.1.3.2. Governement investment and initiatives for energy storage system
5.1.4. Challenges
5.1.4.1. Potential safety concerns related to chemical leaks and fires
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. Stationary Energy Storage Market, by Battery Type
6.1. Introduction
6.2. Flow Battery
6.3. Lead Acid
6.4. Lithium-ion (Li-ion)
6.5. Sodium Sulfur
7. Stationary Energy Storage Market, by Application
7.1. Introduction
7.2. Behind the Meter
7.3. Grid Services
8. Americas Stationary 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 Stationary 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 Stationary 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. ABB Ltd.
12.1.2. BASF SE
12.1.3. BSL NEW ENERGY THCHENOLOGY CO., LTD
12.1.4. BYD Company Limited
12.1.5. Cummins Inc.
12.1.6. Duracell Power Center
12.1.7. Electrovaya Inc.
12.1.8. EnerSys Inc.
12.1.9. Exide Technologies
12.1.10. Faradion Limited
12.1.11. Fluence Energy Inc.
12.1.12. Impact Clean Power Technology SA
12.1.13. INTILION AG
12.1.14. Leclanché SA
12.1.15. PowerPlus Energy Pty Ltd .
12.1.16. SAMSUNG SDI CO.,LTD.
12.1.17. Schlumberger Limited
12.1.18. Siemens AG
12.1.19. Solar MD
12.1.20. Startec Energy
12.1.21. Tesla, Inc.
12.1.22. TESVOLT AG
12.1.23. THE FURUKAWA BATTERY CO., LTD.
12.1.24. VARTA AG
12.1.25. Verkor
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. STATIONARY ENERGY STORAGE MARKET RESEARCH PROCESS
FIGURE 2. STATIONARY ENERGY STORAGE MARKET SIZE, 2023 VS 2030
FIGURE 3. STATIONARY ENERGY STORAGE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. STATIONARY ENERGY STORAGE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. STATIONARY ENERGY STORAGE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. STATIONARY ENERGY STORAGE MARKET DYNAMICS
FIGURE 7. STATIONARY ENERGY STORAGE MARKET SIZE, BY BATTERY TYPE, 2023 VS 2030 (%)
FIGURE 8. STATIONARY ENERGY STORAGE MARKET SIZE, BY BATTERY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. STATIONARY ENERGY STORAGE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. STATIONARY ENERGY STORAGE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS STATIONARY ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS STATIONARY ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES STATIONARY ENERGY STORAGE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES STATIONARY ENERGY STORAGE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC STATIONARY ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC STATIONARY ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA STATIONARY ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA STATIONARY ENERGY STORAGE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. STATIONARY ENERGY STORAGE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. STATIONARY ENERGY STORAGE MARKET SHARE, BY KEY PLAYER, 2023

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