Global Rate Batteries for Energy Storage Market Growth 2024-2030

Global Rate Batteries for Energy Storage Market Growth 2024-2030

Rate batteries generally refer to lithium-ion batteries, which are high-rate batteries that rely heavily on the movement of lithium ions between the positive and negative electrodes to work. The discharge rate of a lithium-ion battery refers to the current value required for the battery to discharge its rated capacity within a specified time. It is equal to the multiple of the rated capacity of the battery in terms of data value, usually represented by the letter C. For example, if the nominal rated capacity of the battery is 600mAh, it is 1C (1 rate), 300mAh is 0.5C, 6A (600mAh) is 10C, and so on. This report counts rate batteries used in the field of energy storage.

The global Rate Batteries for Energy Storage market size is projected to grow from US$ 63.1 million in 2024 to US$ 289 million in 2030; it is expected to grow at a CAGR of 28.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Rate Batteries for Energy Storage Industry Forecast” looks at past sales and reviews total world Rate Batteries for Energy Storage sales in 2023, providing a comprehensive analysis by region and market sector of projected Rate Batteries for Energy Storage sales for 2024 through 2030. With Rate Batteries for Energy Storage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rate Batteries for Energy Storage industry.

This Insight Report provides a comprehensive analysis of the global Rate Batteries for Energy Storage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rate Batteries for Energy Storage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rate Batteries for Energy Storage market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rate Batteries for Energy Storage and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rate Batteries for Energy Storage.

Out to 2030, the global energy storage market is bolstered by an annual growth rate of 21% to 137GW/442GWh by 2030, according to BloombergNEF forecasts. In the same period, global solar and wind markets are expected to see compound annual growth rates of 9% and 7%, respectively. Much of the growth in energy storage investment is being driven by mandates and targeted subsidies, ranging from solar and wind co-location mandates in China, to the Inflation Reduction Act and state-level policies in the US. New support schemes are also emerging across Europe, Australia, Japan, South Korea, and Latin America.

This report presents a comprehensive overview, market shares, and growth opportunities of Rate Batteries for Energy Storage market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Less than 1C
1C
More than 1C

Segmentation by Application:
On the Power Generation Side
On the Grid Side
Household
Industrial and Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Samsung SDI
EVE Energy
Murata
BYD
ATL
GREPOW
Tenpower
Great Power Energy
Highstar Battery
Changhong Energy
Suzhou Naibeite Battery

Key Questions Addressed in this Report

What is the 10-year outlook for the global Rate Batteries for Energy Storage market?

What factors are driving Rate Batteries for Energy Storage market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Rate Batteries for Energy Storage market opportunities vary by end market size?

How does Rate Batteries for Energy Storage break out by Type, by Application?



Please note: The report will take approximately 2 business days to prepare and deliver.