Global Li-ion Battery for Energy Storage Systems (ESS) Supply, Demand and Key Producers, 2023-2029

Global Li-ion Battery for Energy Storage Systems (ESS) Supply, Demand and Key Producers, 2023-2029

The global Li-ion Battery for Energy Storage Systems (ESS) market size is expected to reach $ 58690 million by 2029, rising at a market growth of 16.3% CAGR during the forecast period (2023-2029).

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 studies the global Li-ion Battery for Energy Storage Systems (ESS) production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Li-ion Battery for Energy Storage Systems (ESS), and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Li-ion Battery for Energy Storage Systems (ESS) that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Li-ion Battery for Energy Storage Systems (ESS) total production and demand, 2018-2029, (MWh)

Global Li-ion Battery for Energy Storage Systems (ESS) total production value, 2018-2029, (USD Million)

Global Li-ion Battery for Energy Storage Systems (ESS) production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (MWh)

Global Li-ion Battery for Energy Storage Systems (ESS) consumption by region & country, CAGR, 2018-2029 & (MWh)

U.S. VS China: Li-ion Battery for Energy Storage Systems (ESS) domestic production, consumption, key domestic manufacturers and share

Global Li-ion Battery for Energy Storage Systems (ESS) production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (MWh)

Global Li-ion Battery for Energy Storage Systems (ESS) production by Type, production, value, CAGR, 2018-2029, (USD Million) & (MWh)

Global Li-ion Battery for Energy Storage Systems (ESS) production by Application production, value, CAGR, 2018-2029, (USD Million) & (MWh)

This reports 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, Samsung SDI, REPT, Great Power, Gotion High-tech and Hithium, etc.

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

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Li-ion Battery for Energy Storage Systems (ESS) market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MWh) and average price (US$/KWh) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Li-ion Battery for Energy Storage Systems (ESS) Market, By Region:

United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Li-ion Battery for Energy Storage Systems (ESS) Market, Segmentation by Type

NCx
LFP

Global Li-ion Battery for Energy Storage Systems (ESS) Market, Segmentation by Application

Power Grid
Commercial & Industrial
Residential
Telecommunication & UPS
Portable Energy Storage

Companies Profiled:
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

Key Questions Answered

1. How big is the global Li-ion Battery for Energy Storage Systems (ESS) market?

2. What is the demand of the global Li-ion Battery for Energy Storage Systems (ESS) market?

3. What is the year over year growth of the global Li-ion Battery for Energy Storage Systems (ESS) market?

4. What is the production and production value of the global Li-ion Battery for Energy Storage Systems (ESS) market?

5. Who are the key producers in the global Li-ion Battery for Energy Storage Systems (ESS) market?

6. What are the growth factors driving the market demand?