Global Energy Storage Battery for Microgrids Market Research Report 2023(Status and Outlook)

Global Energy Storage Battery for Microgrids Market Research Report 2023(Status and Outlook)



Report Overview

Energy storage battery for microgrids is an energy reservoir that can store electrical energy and supply energy when required. Such a battery system has the added advantage of matching generation to the time of use and enables peak-shaving applications. Battery-based energy storage is more environmentally-friendly than traditional diesel generators and significantly reduces the fuel and sizing needs for common backup generators. Even small amounts of energy storage can have a major impact on reducing fuel costs, maintenance and omissions of diesel or bio-diesel generators.

The major players in global Energy Storage Battery for Microgrids market include NGK Group, Panasonic, Toshiba, BYD, etc. The top 4 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Sodium-sulfur Battery and Lithium-ion are main types, with a share about 70%. Utility is the main application, which holds a share about 90%.

The Global Energy Storage Battery for Microgrids Market Size was estimated at USD 245.00 million in 2022 and is projected to reach USD 406.47 million by 2029, exhibiting a CAGR of 7.50% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids market in any manner.

Global Energy Storage Battery for Microgrids 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

NGK Group

Samsung SDI

NEC

Panasonic

MHI

Toshiba

S&C Electric

Beacon Power

CALMAC

Saft

Sumitomo Electric

EnSync

Eos Energy Storage

OutBack Power

Aggreko

BYD

CALB

ATL

Rongke Power

Shen-li High Tech

Meineng

Chilwee

Narada

Market Segmentation (by Type)

Sodium-sulfur Battery

VRLA Lead Acid

Lithium-ion

Others

Market Segmentation (by Application)

Residential

Commercial

Industrial

Utilities

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 Energy Storage Battery for Microgrids Market

Overview of the regional outlook of the Energy Storage Battery for Microgrids 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


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Energy Storage Battery for Microgrids
1.2 Key Market Segments
1.2.1 Energy Storage Battery for Microgrids Segment by Type
1.2.2 Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids Market Overview
2.1 Global Market Overview
2.1.1 Global Energy Storage Battery for Microgrids Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Energy Storage Battery for Microgrids Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Energy Storage Battery for Microgrids Market Competitive Landscape
3.1 Global Energy Storage Battery for Microgrids Sales by Manufacturers (2018-2023)
3.2 Global Energy Storage Battery for Microgrids Revenue Market Share by Manufacturers (2018-2023)
3.3 Energy Storage Battery for Microgrids Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Energy Storage Battery for Microgrids Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Energy Storage Battery for Microgrids Sales Sites, Area Served, Product Type
3.6 Energy Storage Battery for Microgrids Market Competitive Situation and Trends
3.6.1 Energy Storage Battery for Microgrids Market Concentration Rate
3.6.2 Global 5 and 10 Largest Energy Storage Battery for Microgrids Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Energy Storage Battery for Microgrids Industry Chain Analysis
4.1 Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Energy Storage Battery for Microgrids Sales Market Share by Type (2018-2023)
6.3 Global Energy Storage Battery for Microgrids Market Size Market Share by Type (2018-2023)
6.4 Global Energy Storage Battery for Microgrids Price by Type (2018-2023)
7 Energy Storage Battery for Microgrids Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Energy Storage Battery for Microgrids Market Sales by Application (2018-2023)
7.3 Global Energy Storage Battery for Microgrids Market Size (M USD) by Application (2018-2023)
7.4 Global Energy Storage Battery for Microgrids Sales Growth Rate by Application (2018-2023)
8 Energy Storage Battery for Microgrids Market Segmentation by Region
8.1 Global Energy Storage Battery for Microgrids Sales by Region
8.1.1 Global Energy Storage Battery for Microgrids Sales by Region
8.1.2 Global Energy Storage Battery for Microgrids Sales Market Share by Region
8.2 North America
8.2.1 North America Energy Storage Battery for Microgrids Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids 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 Energy Storage Battery for Microgrids 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 NGK Group
9.1.1 NGK Group Energy Storage Battery for Microgrids Basic Information
9.1.2 NGK Group Energy Storage Battery for Microgrids Product Overview
9.1.3 NGK Group Energy Storage Battery for Microgrids Product Market Performance
9.1.4 NGK Group Business Overview
9.1.5 NGK Group Energy Storage Battery for Microgrids SWOT Analysis
9.1.6 NGK Group Recent Developments
9.2 Samsung SDI
9.2.1 Samsung SDI Energy Storage Battery for Microgrids Basic Information
9.2.2 Samsung SDI Energy Storage Battery for Microgrids Product Overview
9.2.3 Samsung SDI Energy Storage Battery for Microgrids Product Market Performance
9.2.4 Samsung SDI Business Overview
9.2.5 Samsung SDI Energy Storage Battery for Microgrids SWOT Analysis
9.2.6 Samsung SDI Recent Developments
9.3 NEC
9.3.1 NEC Energy Storage Battery for Microgrids Basic Information
9.3.2 NEC Energy Storage Battery for Microgrids Product Overview
9.3.3 NEC Energy Storage Battery for Microgrids Product Market Performance
9.3.4 NEC Business Overview
9.3.5 NEC Energy Storage Battery for Microgrids SWOT Analysis
9.3.6 NEC Recent Developments
9.4 Panasonic
9.4.1 Panasonic Energy Storage Battery for Microgrids Basic Information
9.4.2 Panasonic Energy Storage Battery for Microgrids Product Overview
9.4.3 Panasonic Energy Storage Battery for Microgrids Product Market Performance
9.4.4 Panasonic Business Overview
9.4.5 Panasonic Energy Storage Battery for Microgrids SWOT Analysis
9.4.6 Panasonic Recent Developments
9.5 MHI
9.5.1 MHI Energy Storage Battery for Microgrids Basic Information
9.5.2 MHI Energy Storage Battery for Microgrids Product Overview
9.5.3 MHI Energy Storage Battery for Microgrids Product Market Performance
9.5.4 MHI Business Overview
9.5.5 MHI Energy Storage Battery for Microgrids SWOT Analysis
9.5.6 MHI Recent Developments
9.6 Toshiba
9.6.1 Toshiba Energy Storage Battery for Microgrids Basic Information
9.6.2 Toshiba Energy Storage Battery for Microgrids Product Overview
9.6.3 Toshiba Energy Storage Battery for Microgrids Product Market Performance
9.6.4 Toshiba Business Overview
9.6.5 Toshiba Recent Developments
9.7 Sandamp;C Electric
9.7.1 Sandamp;C Electric Energy Storage Battery for Microgrids Basic Information
9.7.2 Sandamp;C Electric Energy Storage Battery for Microgrids Product Overview
9.7.3 Sandamp;C Electric Energy Storage Battery for Microgrids Product Market Performance
9.7.4 Sandamp;C Electric Business Overview
9.7.5 Sandamp;C Electric Recent Developments
9.8 Beacon Power
9.8.1 Beacon Power Energy Storage Battery for Microgrids Basic Information
9.8.2 Beacon Power Energy Storage Battery for Microgrids Product Overview
9.8.3 Beacon Power Energy Storage Battery for Microgrids Product Market Performance
9.8.4 Beacon Power Business Overview
9.8.5 Beacon Power Recent Developments
9.9 CALMAC
9.9.1 CALMAC Energy Storage Battery for Microgrids Basic Information
9.9.2 CALMAC Energy Storage Battery for Microgrids Product Overview
9.9.3 CALMAC Energy Storage Battery for Microgrids Product Market Performance
9.9.4 CALMAC Business Overview
9.9.5 CALMAC Recent Developments
9.10 Saft
9.10.1 Saft Energy Storage Battery for Microgrids Basic Information
9.10.2 Saft Energy Storage Battery for Microgrids Product Overview
9.10.3 Saft Energy Storage Battery for Microgrids Product Market Performance
9.10.4 Saft Business Overview
9.10.5 Saft Recent Developments
9.11 Sumitomo Electric
9.11.1 Sumitomo Electric Energy Storage Battery for Microgrids Basic Information
9.11.2 Sumitomo Electric Energy Storage Battery for Microgrids Product Overview
9.11.3 Sumitomo Electric Energy Storage Battery for Microgrids Product Market Performance
9.11.4 Sumitomo Electric Business Overview
9.11.5 Sumitomo Electric Recent Developments
9.12 EnSync
9.12.1 EnSync Energy Storage Battery for Microgrids Basic Information
9.12.2 EnSync Energy Storage Battery for Microgrids Product Overview
9.12.3 EnSync Energy Storage Battery for Microgrids Product Market Performance
9.12.4 EnSync Business Overview
9.12.5 EnSync Recent Developments
9.13 Eos Energy Storage
9.13.1 Eos Energy Storage Energy Storage Battery for Microgrids Basic Information
9.13.2 Eos Energy Storage Energy Storage Battery for Microgrids Product Overview
9.13.3 Eos Energy Storage Energy Storage Battery for Microgrids Product Market Performance
9.13.4 Eos Energy Storage Business Overview
9.13.5 Eos Energy Storage Recent Developments
9.14 OutBack Power
9.14.1 OutBack Power Energy Storage Battery for Microgrids Basic Information
9.14.2 OutBack Power Energy Storage Battery for Microgrids Product Overview
9.14.3 OutBack Power Energy Storage Battery for Microgrids Product Market Performance
9.14.4 OutBack Power Business Overview
9.14.5 OutBack Power Recent Developments
9.15 Aggreko
9.15.1 Aggreko Energy Storage Battery for Microgrids Basic Information
9.15.2 Aggreko Energy Storage Battery for Microgrids Product Overview
9.15.3 Aggreko Energy Storage Battery for Microgrids Product Market Performance
9.15.4 Aggreko Business Overview
9.15.5 Aggreko Recent Developments
9.16 BYD
9.16.1 BYD Energy Storage Battery for Microgrids Basic Information
9.16.2 BYD Energy Storage Battery for Microgrids Product Overview
9.16.3 BYD Energy Storage Battery for Microgrids Product Market Performance
9.16.4 BYD Business Overview
9.16.5 BYD Recent Developments
9.17 CALB
9.17.1 CALB Energy Storage Battery for Microgrids Basic Information
9.17.2 CALB Energy Storage Battery for Microgrids Product Overview
9.17.3 CALB Energy Storage Battery for Microgrids Product Market Performance
9.17.4 CALB Business Overview
9.17.5 CALB Recent Developments
9.18 ATL
9.18.1 ATL Energy Storage Battery for Microgrids Basic Information
9.18.2 ATL Energy Storage Battery for Microgrids Product Overview
9.18.3 ATL Energy Storage Battery for Microgrids Product Market Performance
9.18.4 ATL Business Overview
9.18.5 ATL Recent Developments
9.19 Rongke Power
9.19.1 Rongke Power Energy Storage Battery for Microgrids Basic Information
9.19.2 Rongke Power Energy Storage Battery for Microgrids Product Overview
9.19.3 Rongke Power Energy Storage Battery for Microgrids Product Market Performance
9.19.4 Rongke Power Business Overview
9.19.5 Rongke Power Recent Developments
9.20 Shen-li High Tech
9.20.1 Shen-li High Tech Energy Storage Battery for Microgrids Basic Information
9.20.2 Shen-li High Tech Energy Storage Battery for Microgrids Product Overview
9.20.3 Shen-li High Tech Energy Storage Battery for Microgrids Product Market Performance
9.20.4 Shen-li High Tech Business Overview
9.20.5 Shen-li High Tech Recent Developments
9.21 Meineng
9.21.1 Meineng Energy Storage Battery for Microgrids Basic Information
9.21.2 Meineng Energy Storage Battery for Microgrids Product Overview
9.21.3 Meineng Energy Storage Battery for Microgrids Product Market Performance
9.21.4 Meineng Business Overview
9.21.5 Meineng Recent Developments
9.22 Chilwee
9.22.1 Chilwee Energy Storage Battery for Microgrids Basic Information
9.22.2 Chilwee Energy Storage Battery for Microgrids Product Overview
9.22.3 Chilwee Energy Storage Battery for Microgrids Product Market Performance
9.22.4 Chilwee Business Overview
9.22.5 Chilwee Recent Developments
9.23 Narada
9.23.1 Narada Energy Storage Battery for Microgrids Basic Information
9.23.2 Narada Energy Storage Battery for Microgrids Product Overview
9.23.3 Narada Energy Storage Battery for Microgrids Product Market Performance
9.23.4 Narada Business Overview
9.23.5 Narada Recent Developments
10 Energy Storage Battery for Microgrids Market Forecast by Region
10.1 Global Energy Storage Battery for Microgrids Market Size Forecast
10.2 Global Energy Storage Battery for Microgrids Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Energy Storage Battery for Microgrids Market Size Forecast by Country
10.2.3 Asia Pacific Energy Storage Battery for Microgrids Market Size Forecast by Region
10.2.4 South America Energy Storage Battery for Microgrids Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Energy Storage Battery for Microgrids by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Energy Storage Battery for Microgrids Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Energy Storage Battery for Microgrids by Type (2024-2029)
11.1.2 Global Energy Storage Battery for Microgrids Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Energy Storage Battery for Microgrids by Type (2024-2029)
11.2 Global Energy Storage Battery for Microgrids Market Forecast by Application (2024-2029)
11.2.1 Global Energy Storage Battery for Microgrids Sales (K Units) Forecast by Application
11.2.2 Global Energy Storage Battery for Microgrids Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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