Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery. Energy comes in multiple forms including radiation, chemical, gravitational potential, electrical potential, electricity, elevated temperature, latent heat and kinetic. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms.
Scope of the Report:This report focuses on the Energy Storage Systems (ESS) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In Asia Pacific, the energy storage system market is projected to grow at the highest growth rate over the forecast timeframe. Increase in the number of electric vehicles sales is the major factor driving the market in this region. China is the leading consumer of EVs, registering around 350,000 new EVs in 2016 and also held the largest market for ESS in the region. In 2017, China registered sales of 650,000 new EVs which accounted for approximately 40% of the globe EV sale.
The worldwide market for Energy Storage Systems (ESS) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers LG Chem
ABB
GS Yuasa Corporation
AES Energy Storage
General Electric
Samsung SDI
Panasonic
Toshiba Corporation
Eos Energy Storage
BYD Company
Saft Batteries
NGK
Calmac Manufacturing
S&C Electric
Hitachi
WŠrtsilŠ
Scheider Electric
Eaton
Nippon Chemi-Con Corporation
Delta Electronics
SMA Solar Technology
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Electrochemical Storage
Mechanical Storage
Thermal Storage
Market Segment by Applications, can be divided into Residential
Commercial
Industrial
Utility
There are 15 Chapters to deeply display the global Energy Storage Systems (ESS) market.
Chapter 1, to describe Energy Storage Systems (ESS) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Energy Storage Systems (ESS), with sales, revenue, and price of Energy Storage Systems (ESS), in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Energy Storage Systems (ESS), for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, Energy Storage Systems (ESS) market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe Energy Storage Systems (ESS) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
