Global Off-grid Energy Storage System Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	152 Pages	TechNavio	July, 2024	INF19175909

Best Price Guarantee
Price	from $2,500
Length	152 Pages
Publisher	TechNavio
Published Date	July, 2024
SKU	INF19175909

Global Off-Grid Energy Storage System Market 2024-2028

The off-grid energy storage system market is forecasted to grow by USD 6.1 bn during 2023-2028, accelerating at a CAGR of 6.9% during the forecast period. The report on the off-grid energy storage system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by change in energy mix, increased need for backup power, and increasing economic benefits of ess.

Technavio's off-grid energy storage system market is segmented as below:

By Battery Type

Li-ion
LAB
Sodium based batteries
Others

By Geography

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the increased adoption of microgrids as one of the prime reasons driving the off-grid energy storage system market growth during the next few years. Also, rise in power consumption and decline in cost of esss will lead to sizable demand in the market.

The report on the off-grid energy storage system market covers the following areas:

Off-grid energy storage system market sizing
Off-grid energy storage system market forecast
Off-grid energy storage system market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading off-grid energy storage system market vendors that include Amperex Technology Ltd., Aquion Energy, Boston Power, CALB Co. Ltd., CEA, EnerSys, Fronius International GmbH, General Electric Co., LG Energy Solution Ltd., Mitsubishi Heavy Industries Ltd., NEC Corp., NRG Energy Inc., Primus Power Solutions, Saft Groupe SAS, Samsung SDI Co. Ltd., Sonnen GmbH, Sumitomo Electric Industries Ltd., Toshiba Corp., Xtreme Power Inc., and ZEN Energy Retail Pty Ltd.. Also, the off-grid energy storage system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary: 1.1 Market overview; Executive Summary - Chart on Market Overview; Executive Summary - Data Table on Market Overview; Executive Summary - Chart on Global Market Characteristics; Executive Summary - Chart on Market by Geography; Executive Summary - Chart on Market Segmentation by Battery Type; Executive Summary - Chart on Incremental Growth; Executive Summary - Data Table on Incremental Growth; Executive Summary - Chart on Company Market Positioning
2 Market Landscape: 2.1 Market ecosystem; Parent Market; Data Table on - Parent Market; 2.2 Market characteristics; Market characteristics analysis; 2.3 Value chain analysis; Value Chain Analysis
3 Market Sizing: 3.1 Market definition; Offerings of companies included in the market definition; 3.2 Market segment analysis; Market segments; 3.3 Market size 2023; 3.4 Market outlook: Forecast for 2023-2028; Chart on Global - Market size and forecast 2023-2028 ($ billion); Data Table on Global - Market size and forecast 2023-2028 ($ billion); Chart on Global Market: Year-over-year growth 2023-2028 (%); Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size: 4.1 Global Off-Grid Energy Storage System Market 2018 - 2022; Historic Market Size - Data Table on Global Off-Grid Energy Storage System Market 2018 - 2022 ($ billion); 4.2 Battery Type segment analysis 2018 - 2022; Historic Market Size - Battery Type Segment 2018 - 2022 ($ billion); 4.3 Geography segment analysis 2018 - 2022; Historic Market Size - Geography Segment 2018 - 2022 ($ billion); 4.4 Country segment analysis 2018 - 2022; Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis: 5.1 Five forces summary; Five forces analysis - Comparison between 2023 and 2028; 5.2 Bargaining power of buyers; Bargaining power of buyers - Impact of key factors 2023 and 2028; 5.3 Bargaining power of suppliers; Bargaining power of suppliers - Impact of key factors in 2023 and 2028; 5.4 Threat of new entrants; Threat of new entrants - Impact of key factors in 2023 and 2028; 5.5 Threat of substitutes; Threat of substitutes - Impact of key factors in 2023 and 2028; 5.6 Threat of rivalry; Threat of rivalry - Impact of key factors in 2023 and 2028; 5.7 Market condition; Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Battery Type: 6.1 Market segments; Chart on Battery Type - Market share 2023-2028 (%); Data Table on Battery Type - Market share 2023-2028 (%); 6.2 Comparison by Battery Type; Chart on Comparison by Battery Type; Data Table on Comparison by Battery Type; 6.3 Li-ion - Market size and forecast 2023-2028; Chart on Li-ion - Market size and forecast 2023-2028 ($ billion); Data Table on Li-ion - Market size and forecast 2023-2028 ($ billion); Chart on Li-ion - Year-over-year growth 2023-2028 (%); Data Table on Li-ion - Year-over-year growth 2023-2028 (%); 6.4 LAB - Market size and forecast 2023-2028; Chart on LAB - Market size and forecast 2023-2028 ($ billion); Data Table on LAB - Market size and forecast 2023-2028 ($ billion); Chart on LAB - Year-over-year growth 2023-2028 (%); Data Table on LAB - Year-over-year growth 2023-2028 (%); 6.5 Sodium based batteries - Market size and forecast 2023-2028; Chart on Sodium based batteries - Market size and forecast 2023-2028 ($ billion); Data Table on Sodium based batteries - Market size and forecast 2023-2028 ($ billion); Chart on Sodium based batteries - Year-over-year growth 2023-2028 (%); Data Table on Sodium based batteries - Year-over-year growth 2023-2028 (%); 6.6 Others - Market size and forecast 2023-2028; Chart on Others - Market size and forecast 2023-2028 ($ billion); Data Table on Others - Market size and forecast 2023-2028 ($ billion); Chart on Others - Year-over-year growth 2023-2028 (%); Data Table on Others - Year-over-year growth 2023-2028 (%); 6.7 Market opportunity by Battery Type; Market opportunity by Battery Type ($ billion); Data Table on Market opportunity by Battery Type ($ billion)
7 Customer Landscape: 7.1 Customer landscape overview; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape: 8.1 Geographic segmentation; Chart on Market share by geography 2023-2028 (%); Data Table on Market share by geography 2023-2028 (%); 8.2 Geographic comparison; Chart on Geographic comparison; Data Table on Geographic comparison; 8.3 North America - Market size and forecast 2023-2028; Chart on North America - Market size and forecast 2023-2028 ($ billion); Data Table on North America - Market size and forecast 2023-2028 ($ billion); Chart on North America - Year-over-year growth 2023-2028 (%); Data Table on North America - Year-over-year growth 2023-2028 (%); 8.4 APAC - Market size and forecast 2023-2028; Chart on APAC - Market size and forecast 2023-2028 ($ billion); Data Table on APAC - Market size and forecast 2023-2028 ($ billion); Chart on APAC - Year-over-year growth 2023-2028 (%); Data Table on APAC - Year-over-year growth 2023-2028 (%); 8.5 Europe - Market size and forecast 2023-2028; Chart on Europe - Market size and forecast 2023-2028 ($ billion); Data Table on Europe - Market size and forecast 2023-2028 ($ billion); Chart on Europe - Year-over-year growth 2023-2028 (%); Data Table on Europe - Year-over-year growth 2023-2028 (%); 8.6 South America - Market size and forecast 2023-2028; Chart on South America - Market size and forecast 2023-2028 ($ billion); Data Table on South America - Market size and forecast 2023-2028 ($ billion); Chart on South America - Year-over-year growth 2023-2028 (%); Data Table on South America - Year-over-year growth 2023-2028 (%); 8.7 Middle East and Africa - Market size and forecast 2023-2028; Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion); Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion); Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%); Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%); 8.8 US - Market size and forecast 2023-2028; Chart on US - Market size and forecast 2023-2028 ($ billion); Data Table on US - Market size and forecast 2023-2028 ($ billion); Chart on US - Year-over-year growth 2023-2028 (%); Data Table on US - Year-over-year growth 2023-2028 (%); 8.9 China - Market size and forecast 2023-2028; Chart on China - Market size and forecast 2023-2028 ($ billion); Data Table on China - Market size and forecast 2023-2028 ($ billion); Chart on China - Year-over-year growth 2023-2028 (%); Data Table on China - Year-over-year growth 2023-2028 (%); 8.10 Germany - Market size and forecast 2023-2028; Chart on Germany - Market size and forecast 2023-2028 ($ billion); Data Table on Germany - Market size and forecast 2023-2028 ($ billion); Chart on Germany - Year-over-year growth 2023-2028 (%); Data Table on Germany - Year-over-year growth 2023-2028 (%); 8.11 France - Market size and forecast 2023-2028; Chart on France - Market size and forecast 2023-2028 ($ billion); Data Table on France - Market size and forecast 2023-2028 ($ billion); Chart on France - Year-over-year growth 2023-2028 (%); Data Table on France - Year-over-year growth 2023-2028 (%); 8.12 India - Market size and forecast 2023-2028; Chart on India - Market size and forecast 2023-2028 ($ billion); Data Table on India - Market size and forecast 2023-2028 ($ billion); Chart on India - Year-over-year growth 2023-2028 (%); Data Table on India - Year-over-year growth 2023-2028 (%); 8.13 Market opportunity by geography; Market opportunity by geography ($ billion); Data Tables on Market opportunity by geography ($ billion)
9 Drivers, Challenges, and Opportunity/Restraints: 9.1 Market drivers; 9.2 Market challenges; 9.3 Impact of drivers and challenges; Impact of drivers and challenges in 2023 and 2028; 9.4 Market opportunities/restraints
10 Competitive Landscape: 10.1 Overview; 10.2 Competitive Landscape; Overview on criticality of inputs and factors of differentiation; 10.3 Landscape disruption; Overview on factors of disruption; 10.4 Industry risks; Impact of key risks on business
11 Competitive Analysis: 11.1 Companies profiled; Companies covered; 11.2 Market positioning of companies; Matrix on companies position and classification; 11.3 Amperex Technology Ltd.; Amperex Technology Ltd. - Overview; Amperex Technology Ltd. - Product / Service; Amperex Technology Ltd. - Key offerings; 11.4 Aquion Energy; Aquion Energy - Overview; Aquion Energy - Product / Service; Aquion Energy - Key offerings; 11.5 Boston Power; Boston Power - Overview; Boston Power - Product / Service; Boston Power - Key offerings; 11.6 CALB Co. Ltd.; CALB Co. Ltd. - Overview; CALB Co. Ltd. - Product / Service; CALB Co. Ltd. - Key offerings; 11.7 EnerSys; EnerSys - Overview; EnerSys - Business segments; EnerSys - Key news; EnerSys - Key offerings; EnerSys - Segment focus; 11.8 General Electric Co.; General Electric Co. - Overview; General Electric Co. - Business segments; General Electric Co. - Key news; General Electric Co. - Key offerings; General Electric Co. - Segment focus; 11.9 LG Energy Solution Ltd.; LG Energy Solution Ltd. - Overview; LG Energy Solution Ltd. - Product / Service; LG Energy Solution Ltd. - Key offerings; 11.10 Mitsubishi Heavy Industries Ltd.; Mitsubishi Heavy Industries Ltd. - Overview; Mitsubishi Heavy Industries Ltd. - Business segments; Mitsubishi Heavy Industries Ltd. - Key news; Mitsubishi Heavy Industries Ltd. - Key offerings; Mitsubishi Heavy Industries Ltd. - Segment focus; 11.11 NEC Corp.; NEC Corp. - Overview; NEC Corp. - Business segments; NEC Corp. - Key news; NEC Corp. - Key offerings; NEC Corp. - Segment focus; 11.12 NRG Energy Inc.; NRG Energy Inc. - Overview; NRG Energy Inc. - Business segments; NRG Energy Inc. - Key offerings; NRG Energy Inc. - Segment focus
12 Appendix: 12.1 Scope of the report; 12.2 Inclusions and exclusions checklist; Inclusions checklist; Exclusions checklist; 12.3 Currency conversion rates for US$; Currency conversion rates for US$; 12.4 Research methodology; Research methodology; 12.5 Data procurement; Information sources; 12.6 Data validation; Data validation; 12.7 Validation techniques employed for market sizing; Validation techniques employed for market sizing; 12.8 Data synthesis; Data synthesis; 12.9 360 degree market analysis; 360 degree market analysis; 12.10 List of abbreviations; List of abbreviations
Exhibits:: Exhibits1: Executive Summary - Chart on Market Overview; Exhibits2: Executive Summary - Data Table on Market Overview; Exhibits3: Executive Summary - Chart on Global Market Characteristics; Exhibits4: Executive Summary - Chart on Market by Geography; Exhibits5: Executive Summary - Chart on Market Segmentation by Battery Type; Exhibits6: Executive Summary - Chart on Incremental Growth; Exhibits7: Executive Summary - Data Table on Incremental Growth; Exhibits8: Executive Summary - Chart on Company Market Positioning; Exhibits9: Parent Market; Exhibits10: Data Table on - Parent Market; Exhibits11: Market characteristics analysis; Exhibits12: Value Chain Analysis; Exhibits13: Offerings of companies included in the market definition; Exhibits14: Market segments; Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ billion); Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ billion); Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%); Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%); Exhibits19: Historic Market Size - Data Table on Global Off-Grid Energy Storage System Market 2018 - 2022 ($ billion); Exhibits20: Historic Market Size - Battery Type Segment 2018 - 2022 ($ billion); Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion); Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion); Exhibits23: Five forces analysis - Comparison between 2023 and 2028; Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028; Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028; Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028; Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028; Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028; Exhibits29: Chart on Market condition - Five forces 2023 and 2028; Exhibits30: Chart on Battery Type - Market share 2023-2028 (%); Exhibits31: Data Table on Battery Type - Market share 2023-2028 (%); Exhibits32: Chart on Comparison by Battery Type; Exhibits33: Data Table on Comparison by Battery Type; Exhibits34: Chart on Li-ion - Market size and forecast 2023-2028 ($ billion); Exhibits35: Data Table on Li-ion - Market size and forecast 2023-2028 ($ billion); Exhibits36: Chart on Li-ion - Year-over-year growth 2023-2028 (%); Exhibits37: Data Table on Li-ion - Year-over-year growth 2023-2028 (%); Exhibits38: Chart on LAB - Market size and forecast 2023-2028 ($ billion); Exhibits39: Data Table on LAB - Market size and forecast 2023-2028 ($ billion); Exhibits40: Chart on LAB - Year-over-year growth 2023-2028 (%); Exhibits41: Data Table on LAB - Year-over-year growth 2023-2028 (%); Exhibits42: Chart on Sodium based batteries - Market size and forecast 2023-2028 ($ billion); Exhibits43: Data Table on Sodium based batteries - Market size and forecast 2023-2028 ($ billion); Exhibits44: Chart on Sodium based batteries - Year-over-year growth 2023-2028 (%); Exhibits45: Data Table on Sodium based batteries - Year-over-year growth 2023-2028 (%); Exhibits46: Chart on Others - Market size and forecast 2023-2028 ($ billion); Exhibits47: Data Table on Others - Market size and forecast 2023-2028 ($ billion); Exhibits48: Chart on Others - Year-over-year growth 2023-2028 (%); Exhibits49: Data Table on Others - Year-over-year growth 2023-2028 (%); Exhibits50: Market opportunity by Battery Type ($ billion); Exhibits51: Data Table on Market opportunity by Battery Type ($ billion); Exhibits52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits53: Chart on Market share by geography 2023-2028 (%); Exhibits54: Data Table on Market share by geography 2023-2028 (%); Exhibits55: Chart on Geographic comparison; Exhibits56: Data Table on Geographic comparison; Exhibits57: Chart on North America - Market size and forecast 2023-2028 ($ billion); Exhibits58: Data Table on North America - Market size and forecast 2023-2028 ($ billion); Exhibits59: Chart on North America - Year-over-year growth 2023-2028 (%); Exhibits60: Data Table on North America - Year-over-year growth 2023-2028 (%); Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ billion); Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ billion); Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%); Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%); Exhibits65: Chart on Europe - Market size and forecast 2023-2028 ($ billion); Exhibits66: Data Table on Europe - Market size and forecast 2023-2028 ($ billion); Exhibits67: Chart on Europe - Year-over-year growth 2023-2028 (%); Exhibits68: Data Table on Europe - Year-over-year growth 2023-2028 (%); Exhibits69: Chart on South America - Market size and forecast 2023-2028 ($ billion); Exhibits70: Data Table on South America - Market size and forecast 2023-2028 ($ billion); Exhibits71: Chart on South America - Year-over-year growth 2023-2028 (%); Exhibits72: Data Table on South America - Year-over-year growth 2023-2028 (%); Exhibits73: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion); Exhibits74: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion); Exhibits75: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%); Exhibits76: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%); Exhibits77: Chart on US - Market size and forecast 2023-2028 ($ billion); Exhibits78: Data Table on US - Market size and forecast 2023-2028 ($ billion); Exhibits79: Chart on US - Year-over-year growth 2023-2028 (%); Exhibits80: Data Table on US - Year-over-year growth 2023-2028 (%); Exhibits81: Chart on China - Market size and forecast 2023-2028 ($ billion); Exhibits82: Data Table on China - Market size and forecast 2023-2028 ($ billion); Exhibits83: Chart on China - Year-over-year growth 2023-2028 (%); Exhibits84: Data Table on China - Year-over-year growth 2023-2028 (%); Exhibits85: Chart on Germany - Market size and forecast 2023-2028 ($ billion); Exhibits86: Data Table on Germany - Market size and forecast 2023-2028 ($ billion); Exhibits87: Chart on Germany - Year-over-year growth 2023-2028 (%); Exhibits88: Data Table on Germany - Year-over-year growth 2023-2028 (%); Exhibits89: Chart on France - Market size and forecast 2023-2028 ($ billion); Exhibits90: Data Table on France - Market size and forecast 2023-2028 ($ billion); Exhibits91: Chart on France - Year-over-year growth 2023-2028 (%); Exhibits92: Data Table on France - Year-over-year growth 2023-2028 (%); Exhibits93: Chart on India - Market size and forecast 2023-2028 ($ billion); Exhibits94: Data Table on India - Market size and forecast 2023-2028 ($ billion); Exhibits95: Chart on India - Year-over-year growth 2023-2028 (%); Exhibits96: Data Table on India - Year-over-year growth 2023-2028 (%); Exhibits97: Market opportunity by geography ($ billion); Exhibits98: Data Tables on Market opportunity by geography ($ billion); Exhibits99: Impact of drivers and challenges in 2023 and 2028; Exhibits100: Overview on criticality of inputs and factors of differentiation; Exhibits101: Overview on factors of disruption; Exhibits102: Impact of key risks on business; Exhibits103: Companies covered; Exhibits104: Matrix on companies position and classification; Exhibits105: Amperex Technology Ltd. - Overview; Exhibits106: Amperex Technology Ltd. - Product / Service; Exhibits107: Amperex Technology Ltd. - Key offerings; Exhibits108: Aquion Energy - Overview; Exhibits109: Aquion Energy - Product / Service; Exhibits110: Aquion Energy - Key offerings; Exhibits111: Boston Power - Overview; Exhibits112: Boston Power - Product / Service; Exhibits113: Boston Power - Key offerings; Exhibits114: CALB Co. Ltd. - Overview; Exhibits115: CALB Co. Ltd. - Product / Service; Exhibits116: CALB Co. Ltd. - Key offerings; Exhibits117: EnerSys - Overview; Exhibits118: EnerSys - Business segments; Exhibits119: EnerSys - Key news; Exhibits120: EnerSys - Key offerings; Exhibits121: EnerSys - Segment focus; Exhibits122: General Electric Co. - Overview; Exhibits123: General Electric Co. - Business segments; Exhibits124: General Electric Co. - Key news; Exhibits125: General Electric Co. - Key offerings; Exhibits126: General Electric Co. - Segment focus; Exhibits127: LG Energy Solution Ltd. - Overview; Exhibits128: LG Energy Solution Ltd. - Product / Service; Exhibits129: LG Energy Solution Ltd. - Key offerings; Exhibits130: Mitsubishi Heavy Industries Ltd. - Overview; Exhibits131: Mitsubishi Heavy Industries Ltd. - Business segments; Exhibits132: Mitsubishi Heavy Industries Ltd. - Key news; Exhibits133: Mitsubishi Heavy Industries Ltd. - Key offerings; Exhibits134: Mitsubishi Heavy Industries Ltd. - Segment focus; Exhibits135: NEC Corp. - Overview; Exhibits136: NEC Corp. - Business segments; Exhibits137: NEC Corp. - Key news; Exhibits138: NEC Corp. - Key offerings; Exhibits139: NEC Corp. - Segment focus; Exhibits140: NRG Energy Inc. - Overview; Exhibits141: NRG Energy Inc. - Business segments; Exhibits142: NRG Energy Inc. - Key offerings; Exhibits143: NRG Energy Inc. - Segment focus; Exhibits144: Inclusions checklist; Exhibits145: Exclusions checklist; Exhibits146: Currency conversion rates for US$; Exhibits147: Research methodology; Exhibits148: Information sources; Exhibits149: Data validation; Exhibits150: Validation techniques employed for market sizing; Exhibits151: Data synthesis; Exhibits152: 360 degree market analysis; Exhibits153: List of abbreviations