Australia Energy Storage Systems (ESS) Market, By Technology (Electro Chemical, Thermal Storage, Mechanical Energy Storage, Others); By Application (Transportation, Grid Storage); By End User (Residential, Non-residential, Utilities, Automotive), Trend An

Australia Energy Storage Systems (ESS) Market, By Technology (Electro Chemical, Thermal Storage, Mechanical Energy Storage, Others); By Application (Transportation, Grid Storage); By End User (Residential, Non-residential, Utilities, Automotive), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


Australia Energy Storage Systems (ESS) Market Size Booming to Surpass USD 14.1 Billion by 2030

Australia Energy Storage Systems (ESS) Market is flourishing because of the favorable government initiatives and rising energy demand and peak load management.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Australia Energy Storage Systems (ESS) Market size at USD 7.83 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Australia Energy Storage Systems (ESS) Market size to expand at a CAGR of 5.23% reaching a value of USD 14.11 billion by 2030. The favorable government measures aimed at stimulating the renewable energy sector and the declining cost of batteries are major growth factors for the Australia Energy Storage Systems (ESS) Market. The growth of new battery technologies and industry developments are also expected to propel the Australia Energy Storage Systems (ESS) Market over the period in the analysis.

Opportunity: Increasing investments in renewable energy sector

The Australian Renewable Energy Agency is focusing on expanding the scope of energy storage development in the country. At the end of 2022, Australia had about 2 GWh of large-scale battery energy storage systems (BESS) under development, almost twice as much as the previous year, according to the Clean Energy Council (CEC), the nation's trade body. ESS is also gaining significant traction from the residential sector. Based on data from SunWiz, Australia deployed 47,100 residential energy storage systems (ESS) in 2022, bringing the total number of ESS to 1,920 MWh, which is sufficient energy storage to cover 128,000 families' daily electricity demands.

Australia Energy Storage Systems (ESS) Market

Segmental Coverage

Australia Energy Storage Systems (ESS) Market – By End User

Based on end user, the Australia Energy Storage Systems (ESS) Market is segmented into residential, non-residential, utilities, and automotive. The residential segment dominates the Australia Energy Storage Systems (ESS) Market by end user. The increasing adoption of solar energy in homes as the primary power system and the ability of ESS to ensure continuity of power in case of temporary disruptions in the power supply contribute to the growth of the residential segment. The utilities segment is projected to register a high growth rate during the forecast period with the growing electricity demand.

Competitive Landscape

Major players operating in the Australia Energy Storage Systems (ESS) Market include Redflow Limited, Ecoult, Ampcontrol Pty Ltd, Evergen Pty Ltd, Alpha-ESS, Pylon Technologies Co., Ltd, SolarWatt Australia, 360 Energy Pty Ltd, Ecosmart Solar, and Senec Australia.

These companies employ various strategies to further enhance their market share, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Australia Energy Storage Systems (ESS) Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Australia Energy Storage Systems (ESS) Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Australia Energy Storage Systems (ESS) Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Falling Battery Prices
3.2.1.2. Renewable Energy Integration
3.2.1.3. Government Initiatives
3.2.1.4. Rising Energy Demand and Peak Load Management
3.2.2. Restraints
3.2.2.1. Limited Grid Capacity
3.2.2.2. High Initial Investment
3.2.2.3. Competition from Traditional Power Sources
3.2.3. Opportunities
3.2.3.1. Development of New Technologies
3.2.3.2. Commercialization of Alternative Storage Solutions
3.2.3.3. Growth in Decentralized Energy Systems
3.2.4. Challenges
3.2.4.1. Regulatory Uncertainty
3.2.4.2. Environmental Considerations
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. Australia Energy Storage Systems (ESS) Market: Marketing Strategies
5. Australia Energy Storage Systems (ESS) Market Overview
5.1. Market Size & Forecast, 2019–2030
5.1.1. By Value (USD Billion)
5.2. Market Share & Forecast
5.2.1. By Technology
5.2.1.1. Electro Chemical
5.2.1.1.1. Lithium-Ion Battery
5.2.1.1.2. Lead Acid Battery
5.2.1.1.3. Sodium Sulphur (NAS) Battery
5.2.1.1.4. Flow Battery
5.2.1.1.5. Others
5.2.1.2. Thermal Storage
5.2.1.3. Mechanical Energy Storage
5.2.1.3.1. Pumped Hydro Energy Storage
5.2.1.3.2. Flywheel Energy Storage
5.2.1.3.3. Compressed Air & Liquid Air Energy Storage
5.2.1.4. Others
5.2.2. By Application
5.2.2.1. Transportation
5.2.2.2. Grid Storage
5.2.3. By End User
5.2.3.1. Residential
5.2.3.2. Non-residential
5.2.3.3. Utilities
5.2.3.4. Automotive
6. Competitive Landscape
6.1. List of Key Players and Their Range
6.2. Australia Energy Storage Systems (ESS) Company Market Share Analysis, 2023
6.3. Competitive Benchmarking, By Operating Parameters
6.4. Key Strategic Development (Merger, Acquisition, Partnership)
7. Impact of Escalating Geopolitical Tensions on Australia Energy Storage Systems (ESS) Market Industry
8. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
8.1. Redflow Limited
8.2. Ecoult
8.3. Ampcontrol Pty Ltd
8.4. Evergen Pty Ltd
8.5. Alpha-ESS
8.6. Pylon Technologies Co., Ltd
8.7. SolarWatt Australia
8.8. 360 Energy Pty Ltd
8.9. Ecosmart Solar
8.10. Senec Australia
8.11. Other Prominent Players
9. Key Strategic Recommendations
10. Research Methodology
10.1. Qualitative Research
10.1.1. Primary & Secondary Research
10.2. Quantitative Research
10.3. Market Breakdown & Data Triangulation
10.3.1. Secondary Research
10.3.2. Primary Research
10.4. Breakdown of Primary Research Respondents
10.5. Assumption & Limitation
11. *Financial information of non-listed companies can be provided as per availability.
12. **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
Figure 1 Australia Energy Storage Systems (ESS) Market Segmentation
Figure 2 Australia Energy Storage Systems (ESS) Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Australia Energy Storage Systems (ESS) Market Size, By Value (USD Billion), 2019–2030
Figure 5 Australia Energy Storage Systems (ESS) Market Size, By Technology, By Value, 2019–2030
Figure 6 Australia Energy Storage Systems (ESS) Market Size, By Application, By Value, 2019–2030
Figure 7 Australia Energy Storage Systems (ESS) Market Size, By End User, By Value, 2019–2030
List of Tables
Table 1 Australia Energy Storage Systems (ESS) Market Size, By Technology, By Value, 2019–2030
Table 2 Australia Energy Storage Systems (ESS) Market Size, By Application, By Value, 2019–2030
Table 3 Australia Energy Storage Systems (ESS) Market Size, By End User, By Value, 2019–2030
Table 4 Redflow Limited Company Overview
Table 5 Redflow Limited Company Overview
Table 6 Ecoult Company Overview
Table 7 Ecoult Company Overview
Table 8 Ampcontrol Pty Ltd Company Overview
Table 9 Ampcontrol Pty Ltd Company Overview
Table 10 Evergen Pty Ltd Company Overview
Table 11 Evergen Pty Ltd Company Overview
Table 12 Alpha-ESS Company Overview
Table 13 Alpha-ESS Company Overview
Table 14 Pylon Technologies Co., Ltd Company Overview
Table 15 Pylon Technologies Co., Ltd Company Overview
Table 16 SolarWatt Australia Company Overview
Table 17 SolarWatt Australia Company Overview
Table 18 360 Energy Pty Ltd Company Overview
Table 19 360 Energy Pty Ltd Company Overview
Table 20 Ecosmart Solar Company Overview
Table 21 Ecosmart Solar Company Overview
Table 22 Senec Australia Company Overview
Table 23 Senec Australia Company Overview
Table 24 Other Prominent Players Company Overview
Table 25 Other Prominent Players Company Overview

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