Global Li-ion Battery for Energy Storage Systems (ESS) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Li-ion Battery for Energy Storage Systems (ESS) Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Li-ion Battery for Energy Storage Systems (ESS) market size was valued at USD 20430 million in 2022 and is forecast to a readjusted size of USD 58690 million by 2029 with a CAGR of 16.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global key players of Li-ion Battery for Energy Storage Systems (ESS) include CATL, BYD, EVE, LG Energy Solution, Samsung SDI, etc. The top five players hold a share over 60%. China is the largest production area, has a share about 87%, followed by Europe, with share 4%. In terms of product type, LFP is the largest segment, occupied for a share of 82%, and in terms of application, Power Grid has a share about 73%.

Li-ion Battery Energy Storage Systems (ESS) refer to a type of energy storage system that uses lithium-ion batteries as the primary energy storage medium. Li-ion batteries are a type of rechargeable battery technology that uses lithium ions as the charge carriers to store and release energy.

Li-ion Battery ESS is a flexible and scalable technology that can be used for a wide range of applications, including commercial and industrial facilities, residential properties, telecommunications, uninterruptible power supply (UPS), and portable energy storage.

The ESS comprises of several components, including the Li-ion batteries, power conversion systems, control and monitoring systems, and safety mechanisms. The batteries store excess energy during off-peak periods and release it during peak demand periods or when the grid is unavailable.

This report is a detailed and comprehensive analysis for global Li-ion Battery for Energy Storage Systems (ESS) market. Both quantitative and qualitative analyses are presented by manufacturers, 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 Li-ion Battery for Energy Storage Systems (ESS) market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2018-2029

Global Li-ion Battery for Energy Storage Systems (ESS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2018-2029

Global Li-ion Battery for Energy Storage Systems (ESS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWh), 2018-2029

Global Li-ion Battery for Energy Storage Systems (ESS) market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/KWh), 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 Li-ion Battery for Energy Storage Systems (ESS)

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 Li-ion Battery for Energy Storage Systems (ESS) 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 CATL, BYD, EVE, LG Energy Solution and Samsung SDI, 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

Li-ion Battery for Energy Storage Systems (ESS) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
NCx
LFP

Market segment by Application
Power Grid
Commercial & Industrial
Residential
Telecommunication & UPS
Portable Energy Storage

Major players covered
CATL
BYD
EVE
LG Energy Solution
Samsung SDI
REPT
Great Power
Gotion High-tech
Hithium
Ganfeng
CALB
Envision AESC
Poweramp
Pylon Technologies
Lishen
Saft
Kokam
Panasonic

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

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Li-ion Battery for Energy Storage Systems (ESS) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Li-ion Battery for Energy Storage Systems (ESS), with price, sales, revenue and global market share of Li-ion Battery for Energy Storage Systems (ESS) from 2018 to 2023.

Chapter 3, the Li-ion Battery for Energy Storage Systems (ESS) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Li-ion Battery for Energy Storage Systems (ESS) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Li-ion Battery for Energy Storage Systems (ESS) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Li-ion Battery for Energy Storage Systems (ESS).

Chapter 14 and 15, to describe Li-ion Battery for Energy Storage Systems (ESS) sales channel, distributors, customers, research findings and conclusion.