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Grid Scale Battery Market, Size, Share, Outlook and Growth Opportunities 2019-2025

  • ID:OGA1903MVEN134
  • Published: March-2019
  • Pages:140
  • OG Analysis
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Global Grid Scale Battery Market Outlook and Growth Opportunities to 2025: By Battery Type (Lithium-Ion, Lead Acid, Flow Battery, Sodium-Based Battery, and Others), By Ownership Model (Third Party-Owned, Utility-Owned), By Application (Renewable Integration, Peak Shifting, Backup Power, Ancillary Services, and Others) and By Region

Key Findings

  • Grid Scale Battery Market is estimated to grow at a CAGR of 25.39% over the forecast period 2019-2025.
  • Among the various battery types, Lithium-Ion batteries dominate the global grid scale battery market.
  • On the basis of ownership model, the third party ownership model accounted for leading segment during the forecast period.
  • North America leads the global grid scale battery market owing to rising demand for renewable energy storage systems.

Grid Scale Battery:

The growth of grid scale battery market is mainly driven by increasing renewable energy investments, reducing costs of grid-scale battery owing to technological advancements and increased deployment, and government subsidies and regulations for energy efficiency. Increase in electrification across rural areas, and development of molten salt battery technology are incurring growth opportunities for overall market growth.

The factors such as energy efficiency, increased reliability, resiliency and security from microgrid applications are expected to drive the market growth of grid scale batteries in the application of renewable integration. The difficulties in installation of grid scale battery in remote locations, high capital investments, and hazardous environmental effects are hampering the growth of grid scale battery market.

Lithium ion batteries accounted for major share due to its high energy and power density, lightweight, and high life expectancy rate compared to nickel-cadmium and nickel metal-hydride batteries. On the basis of ownership model, the third party ownership model accounted for leading segment during the forecast period. The adoption of third party owned systems across North America, Europe, and others to boost the overall grid stability is expected to drive the overall market growth.

North America is the leading market for grid scale batteries, attributed to the growing demand for renewable energy storage across residential, non-residential and commercial sectors. China and India are anticipated to be leading investment hotspots for grid scale battery companies in forthcoming years, on account of policy-level support from the governments that are encouraging deployment of renewable energy resources. The companies operating in the industry are focusing to meet the energy demand in order to benefit its customers and improve sales. In February 2019, Tata Power inaugurated grid-scale battery storage system in collaboration with AES and Mitsubishi.

Global Grid Scale Battery Market Insights

Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of Grid Scale Battery market, detailed porter’s five forces analysis and competitive insights are included in the research report.

Global Grid Scale Battery Market Share by Battery Type

The report presents the detailed annual outlook of each battery type of the Grid Scale Battery market to 2025. The report studied 5 battery types including Lithium-Ion, Lead Acid, Flow Battery, Sodium-Based Battery, and Others. Lithium-Ion batteries occupy major market share.

Global Grid Scale Battery Market Growth by Ownership Model

The report presents the detailed annual outlook of each ownership model of the Grid Scale Battery market to 2025. The report categorized ownership models in to 2 types including Third Party-Owned, and Utility-Owned. Of these, third party owned model is likely to grow at the higher rates during the forecast period.

Global Grid Scale Battery Market Size by Application

The report presents in-depth insights into each of the leading Grid Scale Battery applications along with annual forecasts to 2025. Various applications that are studied in the report include Renewable Integration, Peak Shifting, Backup Power, Ancillary Services, and Others. Among these, renewable integration expected to grow at faster rate during the forecast period 2019 to 2025.

Global Grid Scale Battery Market Revenue by Region

The current Grid Scale Battery market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America and Middle East & Africa are studied in the report. In addition, historic data from 2017 and annual forecasts to 2025 are also included in the research report. Globally, North America is the major revenue contributor to the global market.

Global Grid Scale Battery Market Analysis by Company

Top 10 leading companies in global Grid Scale Battery market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and Grid Scale Battery products & services.

Global Grid Scale Battery Market News and Recent Developments

Latest news and industry developments in terms of Grid Scale Battery capacity expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

Scope of the Global Grid Scale Battery Market Report Includes

Long term perspective on the Global Grid Scale Battery industry: 2018 (base year), 2019- 2025 (forecast period)

Global Grid Scale Battery Market- Forecasts by Segments – Battery Type, Ownership Model, and Application by Region.

  1. The research work categorizes the Global Grid Scale Battery Market based on battery types into 5 categories including Lithium-Ion, Lead Acid, Flow Battery, Sodium-Based Battery, and Others.
  2. Global Grid Scale Battery Market is categorised into 2 types based on ownership models including Third Party-Owned, and Utility-Owned.
  3. The report provides the market outlook by 5 Applications including Renewable Integration, Peak Shifting, Backup Power, Ancillary Services, and Other applications.
  4. Global Grid Scale Battery Market across 5 regions including Asia Pacific, North America, South and Central America, Europe, and Middle East and Africa are covered.

Global Grid Scale Battery Market- Strategic Analysis Review

1. Key strategies opted by leading players

2. Short to Long Term Industry Trends

3. Porter’s Five Forces Analysis

4. Supply side and Demand Side Drivers and Challenges

Global Grid Scale Battery Market- Growth Opportunities

1. Potential New Business Opportunities

2. Key Areas of Focus in forecast period

Global Grid Scale Battery Market- Competitive Scenario

1. 10 companies are analysed in the report including General Electric (GE), LG Chem, Ltd., Panasonic Corporation, Samsung Sdi Co., Ltd., Fluence Energy, LLC, BYD Company Limited, Tesla, ABB, GS Yuasa Corporation, and Toshiba.

2. Company Peer-to-Peer Comparison

3. Company Profile and SWOT Analysis

4. Financial Analysis

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Table of Contents:



1. Table of Contents
1.1 List of Tables
1.2 List of Figures



2. Introduction to Global Grid Scale Battery Market
2.1 Global Grid Scale Battery Market Snapshot, 2018
2.2 Grid Scale Battery Industry Overview
2.3 Research Perspective



3. Global Grid Scale Battery Market- Strategic Analysis 
3.1 Short Term and Long Term Industry Trends Affecting Global Grid Scale Battery Market
3.2 Leading Grid Scale Battery Types Targeted by Global Manufacturers 
3.3 Key Consumption Patterns of Grid Scale Battery
3.4 Potential Markets Vital for business Expansion 
3.5 Five Forces Analysis
3.6 Drivers and Restraints



4. Global Grid Scale Battery Market Outlook and Growth Opportunities by Battery Type
4.1 Grid Scale Battery Market Outlook by Lithium-Ion, 2019- 2025
4.2 Grid Scale Battery Market Outlook by Lead Acid, 2019- 2025
4.3 Grid Scale Battery Market Outlook by Flow Battery, 2019- 2025
4.4 Grid Scale Battery Market Outlook by Sodium-Based Battery, 2019- 2025
4.5 Grid Scale Battery Market Outlook by Other Battery types, 2019- 2025
4.5.1 Grid Scale Battery Market Outlook by Nickel Metal Hydride Battery, 2019- 2025
4.5.2 Grid Scale Battery Market Outlook by Nickel–Cadmium Battery, 2019- 2025
4.5.3 Grid Scale Battery Market Outlook by Nickel–Iron Battery, 2019- 2025



5. Global Grid Scale Battery Market Outlook and Growth Opportunities by Ownership Model
5.1 Grid Scale Battery Market Outlook by Third Party-Owned, 2019- 2025
5.2 Grid Scale Battery Market Outlook by Utility-Owned, 2019- 2025



6. Global Grid Scale Battery Market Outlook and Growth Opportunities by Application
6.1 Grid Scale Battery Market Outlook by Renewable Integration Application, 2019- 2025
6.2 Grid Scale Battery Market Outlook by Peak Shifting Application, 2019- 2025
6.3 Grid Scale Battery Market Outlook by Backup Power Application, 2019- 2025
6.4 Grid Scale Battery Market Outlook by Ancillary Services Application, 2019- 2025
6.5 Grid Scale Battery Market Outlook by Other Applications, 2019- 2025



7. Asia Pacific Grid Scale Battery Market Outlook and Growth Opportunities
7.1 Key Findings, 2018
7.2 Asia Pacific Grid Scale Battery Market Outlook by Battery Type, 2019- 2025
7.3 Asia Pacific Grid Scale Battery Market Outlook by Ownership Model, 2019- 2025
7.4 Asia Pacific Grid Scale Battery Market Outlook by Application, 2019- 2025
7.5 Asia Pacific Grid Scale Battery Market Outlook by Country, 2019- 2025



8. Europe Grid Scale Battery Market Outlook and Growth Opportunities
8.1 Key Findings, 2018
8.2 Europe Grid Scale Battery Market Outlook by Battery Type, 2019- 2025
8.3 Europe Grid Scale Battery Market Outlook by Ownership Model, 2019- 2025
8.4 Europe Grid Scale Battery Market Outlook by Application, 2019- 2025
8.5 Europe Grid Scale Battery Market Outlook by Country, 2019- 2025



9. North America Grid Scale Battery Market Outlook and Growth Opportunities
9.1 Key Findings, 2018
9.2 North America Grid Scale Battery Market Outlook by Battery Type, 2019- 2025
9.3 North America Grid Scale Battery Market Outlook by Ownership Model, 2019- 2025
9.4 North America Grid Scale Battery Market Outlook by Application, 2019- 2025
9.5 North America Grid Scale Battery Market Outlook by Country, 2019- 2025



10. South & Central America Grid Scale Battery Market Outlook and Growth Opportunities
10.1 Key Findings, 2018
10.2 South & Central America Grid Scale Battery Market Outlook by Battery Type, 2019-2025
10.3 South & Central America Grid Scale Battery Market Outlook by Ownership Model, 2019- 2025
10.4 South & Central America Grid Scale Battery Market Outlook by Application, 2019- 2025
10.5 South & Central America Grid Scale Battery Market Outlook by Country, 2019- 2025



11. Middle East & Africa Grid Scale Battery Market Outlook and Growth Opportunities
11.1 Key Findings, 2018
11.2 Middle East & Africa Grid Scale Battery Market Outlook by Battery Type, 2019- 2025
11.3 Middle East & Africa Grid Scale Battery Market Outlook by Ownership Model, 2019- 2025
11.4 Middle East & Africa Grid Scale Battery Market Outlook by Application, 2019- 2025
11.5 Middle East & Africa Grid Scale Battery Market Outlook by Country, 2019- 2025



12. Competitive Landscape
12.1 Leading Players (Company Profile, SWOT Analysis, Grid Scale Battery Products, Financial Analysis)
12.1.1 General Electric (GE)
12.1.2 LG Chem, Ltd.
12.1.3 Panasonic Corporation
12.1.4 Samsung Sdi Co., Ltd.
12.1.5 Fluence Energy, LLC
12.1.6 BYD Company Limited
12.1.7 Tesla
12.1.8 ABB
12.1.9 GS Yuasa Corporation
12.1.10 Toshiba 
12.2 Company Benchmarking 
12.3 Financial Analysis



13. Recent News and Deals Landscape
13.1 Mergers and Acquisitions
13.2 New Ownership Model Launches
13.3 Asset Transactions
13.3 Financial Announcements



14. Appendix
14.1 OG Analysis Expertise
14.2 Sources and Research Methodology
14.3 Contact Information

 



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