Global Grid-Connected Battery Storage Market Research Report 2024(Status and Outlook)

Global Grid-Connected Battery Storage Market Research Report 2024(Status and Outlook)



Report Overview:

The grid connected battery storage systems provides uninterruptible power and reduces the energy costs leading to better power management.

The Global Grid-Connected Battery Storage Market Size was estimated at USD 2344.94 million in 2023 and is projected to reach USD 6932.23 million by 2029, exhibiting a CAGR of 19.80% during the forecast period.

This report provides a deep insight into the global Grid-Connected Battery Storage 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 Grid-Connected Battery Storage 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 Grid-Connected Battery Storage market in any manner.

Global Grid-Connected Battery Storage 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 Insulators

Samsung SDI

Aggreko

LG

Johnson Controls

SANYO Electric

Panasonic

GS Yuasa

Sumitomo

BYD Auto

AES

A123 Systems

Market Segmentation (by Type)

Battery Enclosures

Battery Charge Controller

Sub Panels For Load Circuits

Market Segmentation (by Application)

Solar Energy

Wind Power Energy

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 Grid-Connected Battery Storage Market

Overview of the regional outlook of the Grid-Connected Battery Storage 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

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 Grid-Connected Battery Storage 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 Grid-Connected Battery Storage
1.2 Key Market Segments
1.2.1 Grid-Connected Battery Storage Segment by Type
1.2.2 Grid-Connected Battery Storage 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 Grid-Connected Battery Storage Market Overview
2.1 Global Market Overview
2.1.1 Global Grid-Connected Battery Storage Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Grid-Connected Battery Storage Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Grid-Connected Battery Storage Market Competitive Landscape
3.1 Global Grid-Connected Battery Storage Sales by Manufacturers (2019-2024)
3.2 Global Grid-Connected Battery Storage Revenue Market Share by Manufacturers (2019-2024)
3.3 Grid-Connected Battery Storage Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Grid-Connected Battery Storage Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Grid-Connected Battery Storage Sales Sites, Area Served, Product Type
3.6 Grid-Connected Battery Storage Market Competitive Situation and Trends
3.6.1 Grid-Connected Battery Storage Market Concentration Rate
3.6.2 Global 5 and 10 Largest Grid-Connected Battery Storage Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Grid-Connected Battery Storage Industry Chain Analysis
4.1 Grid-Connected Battery Storage 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 Grid-Connected Battery Storage 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 Grid-Connected Battery Storage Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Grid-Connected Battery Storage Sales Market Share by Type (2019-2024)
6.3 Global Grid-Connected Battery Storage Market Size Market Share by Type (2019-2024)
6.4 Global Grid-Connected Battery Storage Price by Type (2019-2024)
7 Grid-Connected Battery Storage Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Grid-Connected Battery Storage Market Sales by Application (2019-2024)
7.3 Global Grid-Connected Battery Storage Market Size (M USD) by Application (2019-2024)
7.4 Global Grid-Connected Battery Storage Sales Growth Rate by Application (2019-2024)
8 Grid-Connected Battery Storage Market Segmentation by Region
8.1 Global Grid-Connected Battery Storage Sales by Region
8.1.1 Global Grid-Connected Battery Storage Sales by Region
8.1.2 Global Grid-Connected Battery Storage Sales Market Share by Region
8.2 North America
8.2.1 North America Grid-Connected Battery Storage Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Grid-Connected Battery Storage 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 Grid-Connected Battery Storage 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 Grid-Connected Battery Storage 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 Grid-Connected Battery Storage 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 Insulators
9.1.1 NGK Insulators Grid-Connected Battery Storage Basic Information
9.1.2 NGK Insulators Grid-Connected Battery Storage Product Overview
9.1.3 NGK Insulators Grid-Connected Battery Storage Product Market Performance
9.1.4 NGK Insulators Business Overview
9.1.5 NGK Insulators Grid-Connected Battery Storage SWOT Analysis
9.1.6 NGK Insulators Recent Developments
9.2 Samsung SDI
9.2.1 Samsung SDI Grid-Connected Battery Storage Basic Information
9.2.2 Samsung SDI Grid-Connected Battery Storage Product Overview
9.2.3 Samsung SDI Grid-Connected Battery Storage Product Market Performance
9.2.4 Samsung SDI Business Overview
9.2.5 Samsung SDI Grid-Connected Battery Storage SWOT Analysis
9.2.6 Samsung SDI Recent Developments
9.3 Aggreko
9.3.1 Aggreko Grid-Connected Battery Storage Basic Information
9.3.2 Aggreko Grid-Connected Battery Storage Product Overview
9.3.3 Aggreko Grid-Connected Battery Storage Product Market Performance
9.3.4 Aggreko Grid-Connected Battery Storage SWOT Analysis
9.3.5 Aggreko Business Overview
9.3.6 Aggreko Recent Developments
9.4 LG
9.4.1 LG Grid-Connected Battery Storage Basic Information
9.4.2 LG Grid-Connected Battery Storage Product Overview
9.4.3 LG Grid-Connected Battery Storage Product Market Performance
9.4.4 LG Business Overview
9.4.5 LG Recent Developments
9.5 Johnson Controls
9.5.1 Johnson Controls Grid-Connected Battery Storage Basic Information
9.5.2 Johnson Controls Grid-Connected Battery Storage Product Overview
9.5.3 Johnson Controls Grid-Connected Battery Storage Product Market Performance
9.5.4 Johnson Controls Business Overview
9.5.5 Johnson Controls Recent Developments
9.6 SANYO Electric
9.6.1 SANYO Electric Grid-Connected Battery Storage Basic Information
9.6.2 SANYO Electric Grid-Connected Battery Storage Product Overview
9.6.3 SANYO Electric Grid-Connected Battery Storage Product Market Performance
9.6.4 SANYO Electric Business Overview
9.6.5 SANYO Electric Recent Developments
9.7 Panasonic
9.7.1 Panasonic Grid-Connected Battery Storage Basic Information
9.7.2 Panasonic Grid-Connected Battery Storage Product Overview
9.7.3 Panasonic Grid-Connected Battery Storage Product Market Performance
9.7.4 Panasonic Business Overview
9.7.5 Panasonic Recent Developments
9.8 GS Yuasa
9.8.1 GS Yuasa Grid-Connected Battery Storage Basic Information
9.8.2 GS Yuasa Grid-Connected Battery Storage Product Overview
9.8.3 GS Yuasa Grid-Connected Battery Storage Product Market Performance
9.8.4 GS Yuasa Business Overview
9.8.5 GS Yuasa Recent Developments
9.9 Sumitomo
9.9.1 Sumitomo Grid-Connected Battery Storage Basic Information
9.9.2 Sumitomo Grid-Connected Battery Storage Product Overview
9.9.3 Sumitomo Grid-Connected Battery Storage Product Market Performance
9.9.4 Sumitomo Business Overview
9.9.5 Sumitomo Recent Developments
9.10 BYD Auto
9.10.1 BYD Auto Grid-Connected Battery Storage Basic Information
9.10.2 BYD Auto Grid-Connected Battery Storage Product Overview
9.10.3 BYD Auto Grid-Connected Battery Storage Product Market Performance
9.10.4 BYD Auto Business Overview
9.10.5 BYD Auto Recent Developments
9.11 AES
9.11.1 AES Grid-Connected Battery Storage Basic Information
9.11.2 AES Grid-Connected Battery Storage Product Overview
9.11.3 AES Grid-Connected Battery Storage Product Market Performance
9.11.4 AES Business Overview
9.11.5 AES Recent Developments
9.12 A123 Systems
9.12.1 A123 Systems Grid-Connected Battery Storage Basic Information
9.12.2 A123 Systems Grid-Connected Battery Storage Product Overview
9.12.3 A123 Systems Grid-Connected Battery Storage Product Market Performance
9.12.4 A123 Systems Business Overview
9.12.5 A123 Systems Recent Developments
10 Grid-Connected Battery Storage Market Forecast by Region
10.1 Global Grid-Connected Battery Storage Market Size Forecast
10.2 Global Grid-Connected Battery Storage Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Grid-Connected Battery Storage Market Size Forecast by Country
10.2.3 Asia Pacific Grid-Connected Battery Storage Market Size Forecast by Region
10.2.4 South America Grid-Connected Battery Storage Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Grid-Connected Battery Storage by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Grid-Connected Battery Storage Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Grid-Connected Battery Storage by Type (2025-2030)
11.1.2 Global Grid-Connected Battery Storage Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Grid-Connected Battery Storage by Type (2025-2030)
11.2 Global Grid-Connected Battery Storage Market Forecast by Application (2025-2030)
11.2.1 Global Grid-Connected Battery Storage Sales (K Units) Forecast by Application
11.2.2 Global Grid-Connected Battery Storage Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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