Global Battery Energy Storage for Renewables Market Research Report 2024(Status and Outlook)

Global Battery Energy Storage for Renewables Market Research Report 2024(Status and Outlook)



Report Overview:

Energy storage capabilities are crucial for the integration of high levels variable renewable sources, such as solar and wind energy, onto the power grid. This report shows that battery storage technologies for renewable energy are already cost-competitive for island and rural applications. Furthermore, the market for battery storage systems coupled with rooftop solar panels has started growing rapidly.

The Global Battery Energy Storage for Renewables Market Size was estimated at USD 7006.78 million in 2023 and is projected to reach USD 8513.74 million by 2029, exhibiting a CAGR of 3.30% during the forecast period.

This report provides a deep insight into the global Battery Energy Storage for Renewables market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Battery Energy Storage for Renewables Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Battery Energy Storage for Renewables market in any manner.

Global Battery Energy Storage for Renewables Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

AES Energy Storage

A123 Systems

Axion Power

BYD

LG Chem

NGK Insulators

SAFT

Samsung SDI

Market Segmentation (by Type)

Li-Ion

Lead-Acid

Sodium

Others

Market Segmentation (by Application)

Laptops

Smartphones

Notebooks

Tablets

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Battery Energy Storage for Renewables Market
  • Overview of the regional outlook of the Battery Energy Storage for Renewables Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Battery Energy Storage for Renewables Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Battery Energy Storage for Renewables
1.2 Key Market Segments
1.2.1 Battery Energy Storage for Renewables Segment by Type
1.2.2 Battery Energy Storage for Renewables Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Battery Energy Storage for Renewables Market Overview
2.1 Global Market Overview
2.1.1 Global Battery Energy Storage for Renewables Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Battery Energy Storage for Renewables Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Battery Energy Storage for Renewables Market Competitive Landscape
3.1 Global Battery Energy Storage for Renewables Sales by Manufacturers (2019-2024)
3.2 Global Battery Energy Storage for Renewables Revenue Market Share by Manufacturers (2019-2024)
3.3 Battery Energy Storage for Renewables Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Battery Energy Storage for Renewables Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Battery Energy Storage for Renewables Sales Sites, Area Served, Product Type
3.6 Battery Energy Storage for Renewables Market Competitive Situation and Trends
3.6.1 Battery Energy Storage for Renewables Market Concentration Rate
3.6.2 Global 5 and 10 Largest Battery Energy Storage for Renewables Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Battery Energy Storage for Renewables Industry Chain Analysis
4.1 Battery Energy Storage for Renewables Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Battery Energy Storage for Renewables Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Battery Energy Storage for Renewables Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Battery Energy Storage for Renewables Sales Market Share by Type (2019-2024)
6.3 Global Battery Energy Storage for Renewables Market Size Market Share by Type (2019-2024)
6.4 Global Battery Energy Storage for Renewables Price by Type (2019-2024)
7 Battery Energy Storage for Renewables Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Battery Energy Storage for Renewables Market Sales by Application (2019-2024)
7.3 Global Battery Energy Storage for Renewables Market Size (M USD) by Application (2019-2024)
7.4 Global Battery Energy Storage for Renewables Sales Growth Rate by Application (2019-2024)
8 Battery Energy Storage for Renewables Market Segmentation by Region
8.1 Global Battery Energy Storage for Renewables Sales by Region
8.1.1 Global Battery Energy Storage for Renewables Sales by Region
8.1.2 Global Battery Energy Storage for Renewables Sales Market Share by Region
8.2 North America
8.2.1 North America Battery Energy Storage for Renewables Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Battery Energy Storage for Renewables Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Battery Energy Storage for Renewables Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Battery Energy Storage for Renewables Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Battery Energy Storage for Renewables Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 AES Energy Storage
9.1.1 AES Energy Storage Battery Energy Storage for Renewables Basic Information
9.1.2 AES Energy Storage Battery Energy Storage for Renewables Product Overview
9.1.3 AES Energy Storage Battery Energy Storage for Renewables Product Market Performance
9.1.4 AES Energy Storage Business Overview
9.1.5 AES Energy Storage Battery Energy Storage for Renewables SWOT Analysis
9.1.6 AES Energy Storage Recent Developments
9.2 A123 Systems
9.2.1 A123 Systems Battery Energy Storage for Renewables Basic Information
9.2.2 A123 Systems Battery Energy Storage for Renewables Product Overview
9.2.3 A123 Systems Battery Energy Storage for Renewables Product Market Performance
9.2.4 A123 Systems Business Overview
9.2.5 A123 Systems Battery Energy Storage for Renewables SWOT Analysis
9.2.6 A123 Systems Recent Developments
9.3 Axion Power
9.3.1 Axion Power Battery Energy Storage for Renewables Basic Information
9.3.2 Axion Power Battery Energy Storage for Renewables Product Overview
9.3.3 Axion Power Battery Energy Storage for Renewables Product Market Performance
9.3.4 Axion Power Battery Energy Storage for Renewables SWOT Analysis
9.3.5 Axion Power Business Overview
9.3.6 Axion Power Recent Developments
9.4 BYD
9.4.1 BYD Battery Energy Storage for Renewables Basic Information
9.4.2 BYD Battery Energy Storage for Renewables Product Overview
9.4.3 BYD Battery Energy Storage for Renewables Product Market Performance
9.4.4 BYD Business Overview
9.4.5 BYD Recent Developments
9.5 LG Chem
9.5.1 LG Chem Battery Energy Storage for Renewables Basic Information
9.5.2 LG Chem Battery Energy Storage for Renewables Product Overview
9.5.3 LG Chem Battery Energy Storage for Renewables Product Market Performance
9.5.4 LG Chem Business Overview
9.5.5 LG Chem Recent Developments
9.6 NGK Insulators
9.6.1 NGK Insulators Battery Energy Storage for Renewables Basic Information
9.6.2 NGK Insulators Battery Energy Storage for Renewables Product Overview
9.6.3 NGK Insulators Battery Energy Storage for Renewables Product Market Performance
9.6.4 NGK Insulators Business Overview
9.6.5 NGK Insulators Recent Developments
9.7 SAFT
9.7.1 SAFT Battery Energy Storage for Renewables Basic Information
9.7.2 SAFT Battery Energy Storage for Renewables Product Overview
9.7.3 SAFT Battery Energy Storage for Renewables Product Market Performance
9.7.4 SAFT Business Overview
9.7.5 SAFT Recent Developments
9.8 Samsung SDI
9.8.1 Samsung SDI Battery Energy Storage for Renewables Basic Information
9.8.2 Samsung SDI Battery Energy Storage for Renewables Product Overview
9.8.3 Samsung SDI Battery Energy Storage for Renewables Product Market Performance
9.8.4 Samsung SDI Business Overview
9.8.5 Samsung SDI Recent Developments
10 Battery Energy Storage for Renewables Market Forecast by Region
10.1 Global Battery Energy Storage for Renewables Market Size Forecast
10.2 Global Battery Energy Storage for Renewables Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Battery Energy Storage for Renewables Market Size Forecast by Country
10.2.3 Asia Pacific Battery Energy Storage for Renewables Market Size Forecast by Region
10.2.4 South America Battery Energy Storage for Renewables Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Battery Energy Storage for Renewables by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Battery Energy Storage for Renewables Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Battery Energy Storage for Renewables by Type (2025-2030)
11.1.2 Global Battery Energy Storage for Renewables Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Battery Energy Storage for Renewables by Type (2025-2030)
11.2 Global Battery Energy Storage for Renewables Market Forecast by Application (2025-2030)
11.2.1 Global Battery Energy Storage for Renewables Sales (K Units) Forecast by Application
11.2.2 Global Battery Energy Storage for Renewables Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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