Global Energy Storage Systems ESS Market Research Report 2023(Status and Outlook)

Global Energy Storage Systems ESS Market Research Report 2023(Status and Outlook)



Report Overview

Energy storage systems are the set of methods and technologies used to store various forms of energy.Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery.

Global Energy Storage System (ESS) key players include Samsung SDI, LG Chem, Fluence, Hitachi, Kokam, etc. Global top five manufacturers hold a share about 50%. Asia Pacific is the largest market, with a share about 40%, followed by Europe and North America, both have a share about 45%. In terms of product, Lithium is the largest segment, with a share over 88%. And in terms of application, the largest application is Residental,followed by Utility and Commercial.

The Global Energy Storage Systems ESS Market Size was estimated at USD 2738.00 million in 2022 and is projected to reach USD 6052.85 million by 2029, exhibiting a CAGR of 12.00% during the forecast period.

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

Global Energy Storage Systems ESS 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

Samsung SDI

LG Chem

Fluence

Hitachi

Kokam

LSIS

SMA Solar Technology

NGK

General Electric

Primus Power

Panasonic

BYD

Younicos

ABB

Saft

Lockheed Martin Energy

Eos Energy Storage

Con Edison Solutions

Market Segmentation (by Type)

Lithium

Lead Acid

NaS

Others

Market Segmentation (by Application)

Edible Application

Medicinal Application

Other Applications

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 Systems ESS Market

Overview of the regional outlook of the Energy Storage Systems ESS 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 Systems ESS
1.2 Key Market Segments
1.2.1 Energy Storage Systems ESS Segment by Type
1.2.2 Energy Storage Systems ESS 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 Systems ESS Market Overview
2.1 Global Market Overview
2.1.1 Global Energy Storage Systems ESS Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Energy Storage Systems ESS Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Energy Storage Systems ESS Market Competitive Landscape
3.1 Global Energy Storage Systems ESS Sales by Manufacturers (2018-2023)
3.2 Global Energy Storage Systems ESS Revenue Market Share by Manufacturers (2018-2023)
3.3 Energy Storage Systems ESS Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Energy Storage Systems ESS Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Energy Storage Systems ESS Sales Sites, Area Served, Product Type
3.6 Energy Storage Systems ESS Market Competitive Situation and Trends
3.6.1 Energy Storage Systems ESS Market Concentration Rate
3.6.2 Global 5 and 10 Largest Energy Storage Systems ESS Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Energy Storage Systems ESS Industry Chain Analysis
4.1 Energy Storage Systems ESS 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 Systems ESS 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 Systems ESS Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Energy Storage Systems ESS Sales Market Share by Type (2018-2023)
6.3 Global Energy Storage Systems ESS Market Size Market Share by Type (2018-2023)
6.4 Global Energy Storage Systems ESS Price by Type (2018-2023)
7 Energy Storage Systems ESS Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Energy Storage Systems ESS Market Sales by Application (2018-2023)
7.3 Global Energy Storage Systems ESS Market Size (M USD) by Application (2018-2023)
7.4 Global Energy Storage Systems ESS Sales Growth Rate by Application (2018-2023)
8 Energy Storage Systems ESS Market Segmentation by Region
8.1 Global Energy Storage Systems ESS Sales by Region
8.1.1 Global Energy Storage Systems ESS Sales by Region
8.1.2 Global Energy Storage Systems ESS Sales Market Share by Region
8.2 North America
8.2.1 North America Energy Storage Systems ESS 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 Systems ESS 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 Systems ESS 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 Systems ESS 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 Systems ESS 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 Samsung SDI
9.1.1 Samsung SDI Energy Storage Systems ESS Basic Information
9.1.2 Samsung SDI Energy Storage Systems ESS Product Overview
9.1.3 Samsung SDI Energy Storage Systems ESS Product Market Performance
9.1.4 Samsung SDI Business Overview
9.1.5 Samsung SDI Energy Storage Systems ESS SWOT Analysis
9.1.6 Samsung SDI Recent Developments
9.2 LG Chem
9.2.1 LG Chem Energy Storage Systems ESS Basic Information
9.2.2 LG Chem Energy Storage Systems ESS Product Overview
9.2.3 LG Chem Energy Storage Systems ESS Product Market Performance
9.2.4 LG Chem Business Overview
9.2.5 LG Chem Energy Storage Systems ESS SWOT Analysis
9.2.6 LG Chem Recent Developments
9.3 Fluence
9.3.1 Fluence Energy Storage Systems ESS Basic Information
9.3.2 Fluence Energy Storage Systems ESS Product Overview
9.3.3 Fluence Energy Storage Systems ESS Product Market Performance
9.3.4 Fluence Business Overview
9.3.5 Fluence Energy Storage Systems ESS SWOT Analysis
9.3.6 Fluence Recent Developments
9.4 Hitachi
9.4.1 Hitachi Energy Storage Systems ESS Basic Information
9.4.2 Hitachi Energy Storage Systems ESS Product Overview
9.4.3 Hitachi Energy Storage Systems ESS Product Market Performance
9.4.4 Hitachi Business Overview
9.4.5 Hitachi Energy Storage Systems ESS SWOT Analysis
9.4.6 Hitachi Recent Developments
9.5 Kokam
9.5.1 Kokam Energy Storage Systems ESS Basic Information
9.5.2 Kokam Energy Storage Systems ESS Product Overview
9.5.3 Kokam Energy Storage Systems ESS Product Market Performance
9.5.4 Kokam Business Overview
9.5.5 Kokam Energy Storage Systems ESS SWOT Analysis
9.5.6 Kokam Recent Developments
9.6 LSIS
9.6.1 LSIS Energy Storage Systems ESS Basic Information
9.6.2 LSIS Energy Storage Systems ESS Product Overview
9.6.3 LSIS Energy Storage Systems ESS Product Market Performance
9.6.4 LSIS Business Overview
9.6.5 LSIS Recent Developments
9.7 SMA Solar Technology
9.7.1 SMA Solar Technology Energy Storage Systems ESS Basic Information
9.7.2 SMA Solar Technology Energy Storage Systems ESS Product Overview
9.7.3 SMA Solar Technology Energy Storage Systems ESS Product Market Performance
9.7.4 SMA Solar Technology Business Overview
9.7.5 SMA Solar Technology Recent Developments
9.8 NGK
9.8.1 NGK Energy Storage Systems ESS Basic Information
9.8.2 NGK Energy Storage Systems ESS Product Overview
9.8.3 NGK Energy Storage Systems ESS Product Market Performance
9.8.4 NGK Business Overview
9.8.5 NGK Recent Developments
9.9 General Electric
9.9.1 General Electric Energy Storage Systems ESS Basic Information
9.9.2 General Electric Energy Storage Systems ESS Product Overview
9.9.3 General Electric Energy Storage Systems ESS Product Market Performance
9.9.4 General Electric Business Overview
9.9.5 General Electric Recent Developments
9.10 Primus Power
9.10.1 Primus Power Energy Storage Systems ESS Basic Information
9.10.2 Primus Power Energy Storage Systems ESS Product Overview
9.10.3 Primus Power Energy Storage Systems ESS Product Market Performance
9.10.4 Primus Power Business Overview
9.10.5 Primus Power Recent Developments
9.11 Panasonic
9.11.1 Panasonic Energy Storage Systems ESS Basic Information
9.11.2 Panasonic Energy Storage Systems ESS Product Overview
9.11.3 Panasonic Energy Storage Systems ESS Product Market Performance
9.11.4 Panasonic Business Overview
9.11.5 Panasonic Recent Developments
9.12 BYD
9.12.1 BYD Energy Storage Systems ESS Basic Information
9.12.2 BYD Energy Storage Systems ESS Product Overview
9.12.3 BYD Energy Storage Systems ESS Product Market Performance
9.12.4 BYD Business Overview
9.12.5 BYD Recent Developments
9.13 Younicos
9.13.1 Younicos Energy Storage Systems ESS Basic Information
9.13.2 Younicos Energy Storage Systems ESS Product Overview
9.13.3 Younicos Energy Storage Systems ESS Product Market Performance
9.13.4 Younicos Business Overview
9.13.5 Younicos Recent Developments
9.14 ABB
9.14.1 ABB Energy Storage Systems ESS Basic Information
9.14.2 ABB Energy Storage Systems ESS Product Overview
9.14.3 ABB Energy Storage Systems ESS Product Market Performance
9.14.4 ABB Business Overview
9.14.5 ABB Recent Developments
9.15 Saft
9.15.1 Saft Energy Storage Systems ESS Basic Information
9.15.2 Saft Energy Storage Systems ESS Product Overview
9.15.3 Saft Energy Storage Systems ESS Product Market Performance
9.15.4 Saft Business Overview
9.15.5 Saft Recent Developments
9.16 Lockheed Martin Energy
9.16.1 Lockheed Martin Energy Energy Storage Systems ESS Basic Information
9.16.2 Lockheed Martin Energy Energy Storage Systems ESS Product Overview
9.16.3 Lockheed Martin Energy Energy Storage Systems ESS Product Market Performance
9.16.4 Lockheed Martin Energy Business Overview
9.16.5 Lockheed Martin Energy Recent Developments
9.17 Eos Energy Storage
9.17.1 Eos Energy Storage Energy Storage Systems ESS Basic Information
9.17.2 Eos Energy Storage Energy Storage Systems ESS Product Overview
9.17.3 Eos Energy Storage Energy Storage Systems ESS Product Market Performance
9.17.4 Eos Energy Storage Business Overview
9.17.5 Eos Energy Storage Recent Developments
9.18 Con Edison Solutions
9.18.1 Con Edison Solutions Energy Storage Systems ESS Basic Information
9.18.2 Con Edison Solutions Energy Storage Systems ESS Product Overview
9.18.3 Con Edison Solutions Energy Storage Systems ESS Product Market Performance
9.18.4 Con Edison Solutions Business Overview
9.18.5 Con Edison Solutions Recent Developments
10 Energy Storage Systems ESS Market Forecast by Region
10.1 Global Energy Storage Systems ESS Market Size Forecast
10.2 Global Energy Storage Systems ESS Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Energy Storage Systems ESS Market Size Forecast by Country
10.2.3 Asia Pacific Energy Storage Systems ESS Market Size Forecast by Region
10.2.4 South America Energy Storage Systems ESS Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Energy Storage Systems ESS by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Energy Storage Systems ESS Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Energy Storage Systems ESS by Type (2024-2029)
11.1.2 Global Energy Storage Systems ESS Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Energy Storage Systems ESS by Type (2024-2029)
11.2 Global Energy Storage Systems ESS Market Forecast by Application (2024-2029)
11.2.1 Global Energy Storage Systems ESS Sales (K Units) Forecast by Application
11.2.2 Global Energy Storage Systems ESS Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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