Global Grid-Scale Electricity Storage Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029

Global Grid-Scale Electricity Storage Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Grid-Scale Electricity Storage Technology market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Grid-Scale Electricity Storage Technology refers to the technology used to store electricity on a large scale to balance the demand and supply of electricity in the power system during peak and off-peak periods. These technologies can store electricity for later use, thus improving the reliability and flexibility of the power system.

Currently, common Grid-Scale Electricity Storage Technologies include:

Pumped Hydro Storage: water is pumped to a high-level reservoir during peak periods and then released back to the reservoir during off-peak periods, driving a turbine to generate electricity.

Battery Storage: large battery arrays are used to store electricity for later use.

Grid-Scale Electricity Storage Technology is a very important field that can help us better manage the power system and improve its reliability and flexibility. It will play an increasingly important role in the future energy transition.

This report is a detailed and comprehensive analysis for global Grid-Scale Electricity Storage Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Grid-Scale Electricity Storage Technology market size and forecasts, in consumption value ($ Million), 2018-2029

Global Grid-Scale Electricity Storage Technology market size and forecasts by region and country, in consumption value ($ Million), 2018-2029

Global Grid-Scale Electricity Storage Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029

Global Grid-Scale Electricity Storage Technology market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Grid-Scale Electricity Storage Technology

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Grid-Scale Electricity Storage Technology market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, GE, Panasonic, CATL and Toshiba International, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Grid-Scale Electricity Storage Technology market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Mechanical Energy Storage
Electrochemical Energy Storage

Market segment by Application
City Power Supply
Industrial Power Supply
Others

Market segment by players, this report covers
ABB
GE
Panasonic
CATL
Toshiba International
Johnson Controls
LG Chem
Samsung SDI
Aquion Energy
AES Corporation
Moss Landing Energy Storage Facility
DP World London Gateway
Victorian Big Battery
Gateway Battery Energy Storage System
Contemporary Amperex Technology Ltd
FlexGen

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Grid-Scale Electricity Storage Technology product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Grid-Scale Electricity Storage Technology, with revenue, gross margin and global market share of Grid-Scale Electricity Storage Technology from 2018 to 2023.

Chapter 3, the Grid-Scale Electricity Storage Technology competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Grid-Scale Electricity Storage Technology market forecast, by regions, type and application, with consumption value, from 2024 to 2029.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War

Chapter 12, the key raw materials and key suppliers, and industry chain of Grid-Scale Electricity Storage Technology.

Chapter 13, to describe Grid-Scale Electricity Storage Technology research findings and conclusion.