Global Utility-Scale Battery Storage Market Growth 2023-2029

Global Utility-Scale Battery Storage Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Utility-Scale Battery Storage Industry Forecast” looks at past sales and reviews total world Utility-Scale Battery Storage sales in 2022, providing a comprehensive analysis by region and market sector of projected Utility-Scale Battery Storage sales for 2023 through 2029. With Utility-Scale Battery Storage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Utility-Scale Battery Storage industry.

This Insight Report provides a comprehensive analysis of the global Utility-Scale Battery 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 Utility-Scale Battery Storage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Utility-Scale Battery Storage market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Utility-Scale Battery 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 Utility-Scale Battery Storage.

The global Utility-Scale Battery Storage market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Utility-Scale Battery Storage is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Utility-Scale Battery Storage is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Utility-Scale Battery Storage is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Utility-Scale Battery Storage players cover Panasonic Corporation, LG Chemicals, Samsung, BYD, ABB, Tesla, STEAG, NGK Insulators and GS Yuasa International Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Utility-Scale Battery Storage market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Li-ion Battery
Sodium-Sulphur Battery
Flow Battery
Lead Acid Battery
Others

Segmentation by application
Industrial
Commercial
Others

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 analyzing the company's coverage, product portfolio, its market penetration.
Panasonic Corporation
LG Chemicals
Samsung
BYD
ABB
Tesla
STEAG
NGK Insulators
GS Yuasa International Ltd
AES Energy Storage
S&C Electric
Seeo

Key Questions Addressed in this Report

What is the 10-year outlook for the global Utility-Scale Battery Storage market?

What factors are driving Utility-Scale Battery Storage market growth, globally and by region?

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

How do Utility-Scale Battery Storage market opportunities vary by end market size?

How does Utility-Scale Battery Storage break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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