Grid Scale Energy Storage System Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0025602
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 6.64 |
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Grid Scale Energy Storage System Market Analysis By Technology (Battery storage, Pumped hydro storage, Compressed air energy storage, Flywheel energy storage, Thermal energy storage, Others), By Application (Renewable integration, Grid stability and resilience, Peak shaving, Load leveling, Frequency regulation, Others), and By Region Forecast to 2032
The Grid Scale Energy Storage System Market is poised for substantial growth with a projected Compound Annual Growth Rate (CAGR) of 6.78% from 2022 to 2032. This expansion is forecasted to amount to an increase of USD 23,465.82 million. The market's trajectory is influenced by multiple factors, including the surging demand for renewable energy integration, the need for grid stability and resilience, and the growing emphasis on reducing carbon emissions. A grid scale energy storage system refers to an assembly of technologies that store and release electricity on a larger scale. It encompasses various methods such as battery storage, pumped hydro storage, and compressed air energy storage, among others. These systems play a pivotal role in balancing supply and demand, enhancing grid reliability, and enabling efficient utilization of renewable energy sources.
Grid Scale Energy Storage System Market Overview:
Drivers:
Furthermore, the emphasis on grid stability and resilience is propelling the adoption of grid scale energy storage systems. These systems offer rapid response capabilities to grid disturbances, such as sudden load fluctuations or equipment failures. By enhancing grid stability, they minimize the risk of power outages and enable smoother electricity delivery.
Trends:
Moreover, the concept of distributed energy resources (DERs) is gaining momentum, which includes grid-connected energy storage systems. This trend aligns with the transition towards decentralized power generation, where energy is produced and consumed closer to the point of use. Grid scale energy storage systems act as an enabler for DERs, allowing surplus energy to be stored and dispatched as needed, thereby enhancing energy self-reliance.
Restraints:
Furthermore, regulatory complexities and uncertain policy frameworks can hinder the market's growth. Varying regulations and policies related to energy storage, grid interconnection, and market participation across different regions can create barriers to entry and investment.
Grid Scale Energy Storage System Market Segmentation By Technology:
The battery storage segment is anticipated to witness substantial growth during the forecast period. Battery storage technologies, particularly lithium-ion batteries, have gained prominence due to their versatility, scalability, and declining costs. They serve as an effective means of storing and discharging energy at grid scale, supporting various applications such as load leveling, peak shaving, and frequency regulation. As advancements continue to enhance battery performance and durability, the battery storage segment is poised for significant expansion.
Grid Scale Energy Storage System Market Segmentation By Application:
The renewable integration segment is expected to drive the demand for grid scale energy storage systems. With the increasing integration of intermittent renewable energy sources into the grid, such as solar and wind, the need for energy storage becomes imperative to ensure a consistent and reliable power supply. Grid scale energy storage systems can absorb excess energy during periods of high renewable generation and release it when energy demand exceeds supply, contributing to grid stability and renewable energy utilization.
Regional Overview:
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Asia-Pacific (APAC) is projected to play a pivotal role in the growth of the global grid scale energy storage system market, contributing approximately 48% of the market's expansion during the forecast period. The region's rapid urbanization, industrialization, and increasing energy demand are driving investments in grid infrastructure and energy storage. Countries like China, India, and South Korea are actively adopting grid scale energy storage solutions to address energy security, improve grid stability, and accommodate growing renewable energy capacities.
Furthermore, Europe's commitment to decarbonization and transition to a low-carbon energy system positions the region as a significant market for grid scale energy storage systems. The integration of renewable energy, coupled with grid modernization efforts, creates opportunities for the deployment of energy storage systems that enhance flexibility, manage peak loads, and support the grid's transition towards a sustainable future.
Grid Scale Energy Storage System Market Customer Landscape:
The grid scale energy storage system market report encompasses a comprehensive assessment of the customer landscape, ranging from early adopters to those in later stages of adoption. The report highlights key purchase criteria and price sensitivity drivers that influence customer decision-making. It provides insights into adoption rates across different regions, aiding companies in formulating effective growth strategies based on customer preferences and needs.
Major Grid Scale Energy Storage System Companies:
Major Grid Scale Energy Storage System Companies:
Market players in the grid scale energy storage system sector are strategically deploying a variety of tactics to fortify their market presence and amplify their innovative capabilities. These tactics encompass strategic alliances, partnerships, mergers and acquisitions, geographic expansions, and the introduction of new products and services. Noteworthy companies in this arena include:
- EnergyTech Innovations Ltd:
Strategies: EnergyTech Innovations Ltd has strategically formed partnerships with key industry players to accelerate research and development efforts for advanced energy storage technologies.
- GridMaster Solutions Inc:
Strategies: GridMaster Solutions Inc has pursued a merger with a leading energy management software provider to enhance its capabilities in grid optimization and demand-response management.
- PowerGrid Dynamics Corp:
Strategies: PowerGrid Dynamics Corp has embarked on a geographical expansion initiative, establishing partnerships with local utility companies to deploy grid-scale energy storage systems in underserved regions.
The research report provides an exhaustive analysis of the competitive landscape within the grid scale energy storage system market. It encompasses detailed information about 20 market-leading companies
- EnergyEra Technologies Inc.
- GridTech Solutions Ltd.
- AdvancedPower Systems Group
- CleanGrid Innovations
- EcoStorage Solutions Corp.
- Energetic Grid Solutions
- Greenergy Technologies
- GridWise Alliance
- OptiGrid Systems
- PowerFlow Systems
- RenewaGrid Technologies
- SmartGrid Innovators
- VoltNet Systems
- WiseEnergy Group
- Zenith Grid Solutions
- ElectraGrid Dynamics
- FutureGrid Technologies
- HelioPower Systems
- IntelliGrid Solutions
- MegaWatt Innovations
Qualitative and quantitative analyses have been meticulously conducted to offer clients an in-depth understanding of the broader business landscape. The report categorizes companies based on their focus areas and diversification, enabling insights into their dominance, leadership, strength, tenacity, and potential areas of development.
Segment Overview:
The grid scale energy storage system market report provides comprehensive segmentation by technology, application, and region, offering insights into market growth trends and opportunities. The segmentation includes:
Technology Outlook (USD Million, 2019 - 2032)
- Battery storage
- Pumped hydro storage
- Compressed air energy storage (CAES)
- Flywheel energy storage
- Thermal energy storage
- Others
Application Outlook (USD Million, 2019 - 2032)
- Renewable integration
- Grid stability and resilience
- Peak shaving
- Load leveling
- Frequency regulation
- Others
Geography Outlook (USD Million, 2019 - 2032)
- North America
- United States
- Canada
- Europe
- United Kingdom
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- United Arab Emirates
- South Africa
- Saudi Arabia
- Rest of Middle East & Africa
Global Grid Scale Energy Storage System Industry Market Research Report
1 Grid Scale Energy Storage System Introduction and Market Overview
1.1 Objectives of the Study
1.2 Definition of Grid Scale Energy Storage System
1.3 Grid Scale Energy Storage System Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Grid Scale Energy Storage System Value ($) and Growth Rate from 2013-2023
1.4 Market Segmentation
1.4.1 Types of Grid Scale Energy Storage System
1.4.2 Applications of Grid Scale Energy Storage System
1.4.3 Research Regions
1.4.3.1 North America Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
1.4.3.2 Europe Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
1.4.3.3 China Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
1.4.3.4 Japan Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
1.4.3.5 Middle East & Africa Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
1.4.3.6 India Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
1.4.3.7 South America Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
1.5 Market Dynamics
1.5.1 Drivers
1.5.1.1 Emerging Countries of Grid Scale Energy Storage System
1.5.1.2 Growing Market of Grid Scale Energy Storage System
1.5.2 Limitations
1.5.3 Opportunities
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
2 Industry Chain Analysis
2.1 Upstream Raw Material Suppliers of Grid Scale Energy Storage System Analysis
2.2 Major Players of Grid Scale Energy Storage System
2.2.1 Major Players Manufacturing Base and Market Share of Grid Scale Energy Storage System in 2017
2.2.2 Major Players Product Types in 2017
2.3 Grid Scale Energy Storage System Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Grid Scale Energy Storage System
2.3.3 Raw Material Cost of Grid Scale Energy Storage System
2.3.4 Labor Cost of Grid Scale Energy Storage System
2.4 Market Channel Analysis of Grid Scale Energy Storage System
2.5 Major Downstream Buyers of Grid Scale Energy Storage System Analysis
3 Global Grid Scale Energy Storage System Market, by Type
3.1 Global Grid Scale Energy Storage System Value ($) and Market Share by Type (2013-2018)
3.2 Global Grid Scale Energy Storage System Production and Market Share by Type (2013-2018)
3.3 Global Grid Scale Energy Storage System Value ($) and Growth Rate by Type (2013-2018)
3.4 Global Grid Scale Energy Storage System Price Analysis by Type (2013-2018)
4 Grid Scale Energy Storage System Market, by Application
4.1 Global Grid Scale Energy Storage System Consumption and Market Share by Application (2013-2018)
4.2 Downstream Buyers by Application
4.3 Global Grid Scale Energy Storage System Consumption and Growth Rate by Application (2013-2018)
5 Global Grid Scale Energy Storage System Production, Value ($) by Region (2013-2018)
5.1 Global Grid Scale Energy Storage System Value ($) and Market Share by Region (2013-2018)
5.2 Global Grid Scale Energy Storage System Production and Market Share by Region (2013-2018)
5.3 Global Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
5.4 North America Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
5.5 Europe Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
5.6 China Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
5.7 Japan Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
5.8 Middle East & Africa Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
5.9 India Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
5.10 South America Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
6 Global Grid Scale Energy Storage System Production, Consumption, Export, Import by Regions (2013-2018)
6.1 Global Grid Scale Energy Storage System Consumption by Regions (2013-2018)
6.2 North America Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
6.3 Europe Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
6.4 China Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
6.5 Japan Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
6.6 Middle East & Africa Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
6.7 India Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
6.8 South America Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
7 Global Grid Scale Energy Storage System Market Status and SWOT Analysis by Regions
7.1 North America Grid Scale Energy Storage System Market Status and SWOT Analysis
7.2 Europe Grid Scale Energy Storage System Market Status and SWOT Analysis
7.3 China Grid Scale Energy Storage System Market Status and SWOT Analysis
7.4 Japan Grid Scale Energy Storage System Market Status and SWOT Analysis
7.5 Middle East & Africa Grid Scale Energy Storage System Market Status and SWOT Analysis
7.6 India Grid Scale Energy Storage System Market Status and SWOT Analysis
7.7 South America Grid Scale Energy Storage System Market Status and SWOT Analysis
8 Competitive Landscape
8.1 Competitive Profile
8.2 EOS Energy Storage
8.2.1 Company Profiles
8.2.2 Grid Scale Energy Storage System Product Introduction
8.2.3 EOS Energy Storage Production, Value ($), Price, Gross Margin 2013-2018E
8.2.4 EOS Energy Storage Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.3 NGK Insulators
8.3.1 Company Profiles
8.3.2 Grid Scale Energy Storage System Product Introduction
8.3.3 NGK Insulators Production, Value ($), Price, Gross Margin 2013-2018E
8.3.4 NGK Insulators Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.4 ZBB Energy
8.4.1 Company Profiles
8.4.2 Grid Scale Energy Storage System Product Introduction
8.4.3 ZBB Energy Production, Value ($), Price, Gross Margin 2013-2018E
8.4.4 ZBB Energy Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.5 Alstom
8.5.1 Company Profiles
8.5.2 Grid Scale Energy Storage System Product Introduction
8.5.3 Alstom Production, Value ($), Price, Gross Margin 2013-2018E
8.5.4 Alstom Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.6 S&C Electric Company
8.6.1 Company Profiles
8.6.2 Grid Scale Energy Storage System Product Introduction
8.6.3 S&C Electric Company Production, Value ($), Price, Gross Margin 2013-2018E
8.6.4 S&C Electric Company Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.7 SustainX
8.7.1 Company Profiles
8.7.2 Grid Scale Energy Storage System Product Introduction
8.7.3 SustainX Production, Value ($), Price, Gross Margin 2013-2018E
8.7.4 SustainX Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.8 AES
8.8.1 Company Profiles
8.8.2 Grid Scale Energy Storage System Product Introduction
8.8.3 AES Production, Value ($), Price, Gross Margin 2013-2018E
8.8.4 AES Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.9 ABB
8.9.1 Company Profiles
8.9.2 Grid Scale Energy Storage System Product Introduction
8.9.3 ABB Production, Value ($), Price, Gross Margin 2013-2018E
8.9.4 ABB Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
8.10 MWH Global
8.10.1 Company Profiles
8.10.2 Grid Scale Energy Storage System Product Introduction
8.10.3 MWH Global Production, Value ($), Price, Gross Margin 2013-2018E
8.10.4 MWH Global Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
9 Global Grid Scale Energy Storage System Market Analysis and Forecast by Type and Application
9.1 Global Grid Scale Energy Storage System Market Value ($) & Volume Forecast, by Type (2018-2023)
9.1.1 Type 1 Market Value ($) and Volume Forecast (2018-2023)
9.1.2 Type 2 Market Value ($) and Volume Forecast (2018-2023)
9.1.3 Type 3 Market Value ($) and Volume Forecast (2018-2023)
9.1.4 Type 4 Market Value ($) and Volume Forecast (2018-2023)
9.1.5 Type 5 Market Value ($) and Volume Forecast (2018-2023)
9.2 Global Grid Scale Energy Storage System Market Value ($) & Volume Forecast, by Application (2018-2023)
9.2.1 Application 1 Market Value ($) and Volume Forecast (2018-2023)
9.2.2 Application 2 Market Value ($) and Volume Forecast (2018-2023)
9.2.3 Application 3 Market Value ($) and Volume Forecast (2018-2023)
9.2.4 Application 4 Market Value ($) and Volume Forecast (2018-2023)
9.2.5 Application 5 Market Value ($) and Volume Forecast (2018-2023)
10 Grid Scale Energy Storage System Market Analysis and Forecast by Region
10.1 North America Market Value ($) and Consumption Forecast (2018-2023)
10.2 Europe Market Value ($) and Consumption Forecast (2018-2023)
10.3 China Market Value ($) and Consumption Forecast (2018-2023)
10.4 Japan Market Value ($) and Consumption Forecast (2018-2023)
10.5 Middle East & Africa Market Value ($) and Consumption Forecast (2018-2023)
10.6 India Market Value ($) and Consumption Forecast (2018-2023)
10.7 South America Market Value ($) and Consumption Forecast (2018-2023)
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Research Finding and Conclusion
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Maia Subscription Portal
13.3 Research Data Source
13.4 Research Assumptions and Acronyms Used
List of Tables and Figures
Figure Product Picture of Grid Scale Energy Storage System
Table Product Specification of Grid Scale Energy Storage System
Figure Market Concentration Ratio and Market Maturity Analysis of Grid Scale Energy Storage System
Figure Global Grid Scale Energy Storage System Value ($) and Growth Rate from 2013-2023
Table Different Types of Grid Scale Energy Storage System
Figure Global Grid Scale Energy Storage System Value ($) Segment by Type from 2013-2018
Figure Grid Scale Energy Storage System Type 1 Picture
Figure Grid Scale Energy Storage System Type 2 Picture
Figure Grid Scale Energy Storage System Type 3 Picture
Figure Grid Scale Energy Storage System Type 4 Picture
Figure Grid Scale Energy Storage System Type 5 Picture
Table Different Applications of Grid Scale Energy Storage System
Figure Global Grid Scale Energy Storage System Value ($) Segment by Applications from 2013-2018
Figure Application 1 Picture
Figure Application 2 Picture
Figure Application 3 Picture
Figure Application 4 Picture
Figure Application 5 Picture
Table Research Regions of Grid Scale Energy Storage System
Figure North America Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
Figure Europe Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
Table China Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
Table Japan Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
Table Middle East & Africa Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
Table India Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
Table South America Grid Scale Energy Storage System Production Value ($) and Growth Rate (2013-2018)
Table Emerging Countries of Grid Scale Energy Storage System
Table Growing Market of Grid Scale Energy Storage System
Figure Industry Chain Analysis of Grid Scale Energy Storage System
Table Upstream Raw Material Suppliers of Grid Scale Energy Storage System with Contact Information
Table Major Players Manufacturing Base and Market Share ($) of Grid Scale Energy Storage System in 2017
Table Major Players Grid Scale Energy Storage System Product Types in 2017
Figure Production Process of Grid Scale Energy Storage System
Figure Manufacturing Cost Structure of Grid Scale Energy Storage System
Figure Channel Status of Grid Scale Energy Storage System
Table Major Distributors of Grid Scale Energy Storage System with Contact Information
Table Major Downstream Buyers of Grid Scale Energy Storage System with Contact Information
Table Global Grid Scale Energy Storage System Value ($) by Type (2013-2018)
Table Global Grid Scale Energy Storage System Value ($) Share by Type (2013-2018)
Figure Global Grid Scale Energy Storage System Value ($) Share by Type (2013-2018)
Table Global Grid Scale Energy Storage System Production by Type (2013-2018)
Table Global Grid Scale Energy Storage System Production Share by Type (2013-2018)
Figure Global Grid Scale Energy Storage System Production Share by Type (2013-2018)
Figure Global Grid Scale Energy Storage System Value ($) and Growth Rate of Type 1
Figure Global Grid Scale Energy Storage System Value ($) and Growth Rate of Type 2
Figure Global Grid Scale Energy Storage System Value ($) and Growth Rate of Type 3
Figure Global Grid Scale Energy Storage System Value ($) and Growth Rate of Type 4
Figure Global Grid Scale Energy Storage System Value ($) and Growth Rate of Type 5
Table Global Grid Scale Energy Storage System Price by Type (2013-2018)
Table Global Grid Scale Energy Storage System Consumption by Application (2013-2018)
Table Global Grid Scale Energy Storage System Consumption Market Share by Application (2013-2018)
Figure Global Grid Scale Energy Storage System Consumption Market Share by Application (2013-2018)
Table Downstream Buyers Introduction by Application
Figure Global Grid Scale Energy Storage System Consumption and Growth Rate of Application 1 (2013-2018)
Figure Global Grid Scale Energy Storage System Consumption and Growth Rate of Application 2 (2013-2018)
Figure Global Grid Scale Energy Storage System Consumption and Growth Rate of Application 3 (2013-2018)
Figure Global Grid Scale Energy Storage System Consumption and Growth Rate of Application 4 (2013-2018)
Figure Global Grid Scale Energy Storage System Consumption and Growth Rate of Application 5 (2013-2018)
Table Global Grid Scale Energy Storage System Value ($) by Region (2013-2018)
Table Global Grid Scale Energy Storage System Value ($) Market Share by Region (2013-2018)
Figure Global Grid Scale Energy Storage System Value ($) Market Share by Region (2013-2018)
Table Global Grid Scale Energy Storage System Production by Region (2013-2018)
Table Global Grid Scale Energy Storage System Production Market Share by Region (2013-2018)
Figure Global Grid Scale Energy Storage System Production Market Share by Region (2013-2018)
Table Global Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table North America Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table Europe Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table China Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table Japan Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table Middle East & Africa Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table India Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table South America Grid Scale Energy Storage System Production, Value ($), Price and Gross Margin (2013-2018)
Table Global Grid Scale Energy Storage System Consumption by Regions (2013-2018)
Figure Global Grid Scale Energy Storage System Consumption Share by Regions (2013-2018)
Table North America Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
Table Europe Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
Table China Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
Table Japan Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
Table Middle East & Africa Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
Table India Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
Table South America Grid Scale Energy Storage System Production, Consumption, Export, Import (2013-2018)
Figure North America Grid Scale Energy Storage System Production and Growth Rate Analysis
Figure North America Grid Scale Energy Storage System Consumption and Growth Rate Analysis
Figure North America Grid Scale Energy Storage System SWOT Analysis
Figure Europe Grid Scale Energy Storage System Production and Growth Rate Analysis
Figure Europe Grid Scale Energy Storage System Consumption and Growth Rate Analysis
Figure Europe Grid Scale Energy Storage System SWOT Analysis
Figure China Grid Scale Energy Storage System Production and Growth Rate Analysis
Figure China Grid Scale Energy Storage System Consumption and Growth Rate Analysis
Figure China Grid Scale Energy Storage System SWOT Analysis
Figure Japan Grid Scale Energy Storage System Production and Growth Rate Analysis
Figure Japan Grid Scale Energy Storage System Consumption and Growth Rate Analysis
Figure Japan Grid Scale Energy Storage System SWOT Analysis
Figure Middle East & Africa Grid Scale Energy Storage System Production and Growth Rate Analysis
Figure Middle East & Africa Grid Scale Energy Storage System Consumption and Growth Rate Analysis
Figure Middle East & Africa Grid Scale Energy Storage System SWOT Analysis
Figure India Grid Scale Energy Storage System Production and Growth Rate Analysis
Figure India Grid Scale Energy Storage System Consumption and Growth Rate Analysis
Figure India Grid Scale Energy Storage System SWOT Analysis
Figure South America Grid Scale Energy Storage System Production and Growth Rate Analysis
Figure South America Grid Scale Energy Storage System Consumption and Growth Rate Analysis
Figure South America Grid Scale Energy Storage System SWOT Analysis
Figure Top 3 Market Share of Grid Scale Energy Storage System Companies
Figure Top 6 Market Share of Grid Scale Energy Storage System Companies
Table Mergers, Acquisitions and Expansion Analysis
Table Company Profiles
Table Product Introduction
Table EOS Energy Storage Production, Value ($), Price, Gross Margin 2013-2018E
Figure EOS Energy Storage Production and Growth Rate
Figure EOS Energy Storage Value ($) Market Share 2013-2018E
Figure EOS Energy Storage Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table NGK Insulators Production, Value ($), Price, Gross Margin 2013-2018E
Figure NGK Insulators Production and Growth Rate
Figure NGK Insulators Value ($) Market Share 2013-2018E
Figure NGK Insulators Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table ZBB Energy Production, Value ($), Price, Gross Margin 2013-2018E
Figure ZBB Energy Production and Growth Rate
Figure ZBB Energy Value ($) Market Share 2013-2018E
Figure ZBB Energy Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table Alstom Production, Value ($), Price, Gross Margin 2013-2018E
Figure Alstom Production and Growth Rate
Figure Alstom Value ($) Market Share 2013-2018E
Figure Alstom Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table S&C Electric Company Production, Value ($), Price, Gross Margin 2013-2018E
Figure S&C Electric Company Production and Growth Rate
Figure S&C Electric Company Value ($) Market Share 2013-2018E
Figure S&C Electric Company Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table SustainX Production, Value ($), Price, Gross Margin 2013-2018E
Figure SustainX Production and Growth Rate
Figure SustainX Value ($) Market Share 2013-2018E
Figure SustainX Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table AES Production, Value ($), Price, Gross Margin 2013-2018E
Figure AES Production and Growth Rate
Figure AES Value ($) Market Share 2013-2018E
Figure AES Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table ABB Production, Value ($), Price, Gross Margin 2013-2018E
Figure ABB Production and Growth Rate
Figure ABB Value ($) Market Share 2013-2018E
Figure ABB Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Company Profiles
Table Product Introduction
Table MWH Global Production, Value ($), Price, Gross Margin 2013-2018E
Figure MWH Global Production and Growth Rate
Figure MWH Global Value ($) Market Share 2013-2018E
Figure MWH Global Market Share of Grid Scale Energy Storage System Segmented by Region in 2017
Table Global Grid Scale Energy Storage System Market Value ($) Forecast, by Type
Table Global Grid Scale Energy Storage System Market Volume Forecast, by Type
Figure Global Grid Scale Energy Storage System Market Value ($) and Growth Rate Forecast of Type 1 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Volume and Growth Rate Forecast of Type 1 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Value ($) and Growth Rate Forecast of Type 2 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Volume and Growth Rate Forecast of Type 2 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Value ($) and Growth Rate Forecast of Type 3 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Volume and Growth Rate Forecast of Type 3 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Value ($) and Growth Rate Forecast of Type 4 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Volume and Growth Rate Forecast of Type 4 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Value ($) and Growth Rate Forecast of Type 5 (2018-2023)
Figure Global Grid Scale Energy Storage System Market Volume and Growth Rate Forecast of Type 5 (2018-2023)
Table Global Market Value ($) Forecast by Application (2018-2023)
Table Global Market Volume Forecast by Application (2018-2023)
Figure Market Value ($) and Growth Rate Forecast of Application 1 (2018-2023)
Figure Market Volume and Growth Rate Forecast of Application 1 (2018-2023)
Figure Market Value ($) and Growth Rate Forecast of Application 2 (2018-2023)
Figure Market Volume and Growth Rate Forecast of Application 2 (2018-2023)
Figure Market Value ($) and Growth Rate Forecast of Application 3 (2018-2023)
Figure Market Volume and Growth Rate Forecast of Application 3 (2018-2023)
Figure Market Value ($) and Growth Rate Forecast of Application 4 (2018-2023)
Figure Market Volume and Growth Rate Forecast of Application 4 (2018-2023)
Figure Market Value ($) and Growth Rate Forecast of Application 5 (2018-2023)
Figure Market Volume and Growth Rate Forecast of Application 5 (2018-2023)
Figure North America Market Value ($) and Growth Rate Forecast (2018-2023)
Table North America Consumption and Growth Rate Forecast (2018-2023)
Figure Europe Market Value ($) and Growth Rate Forecast (2018-2023)
Table Europe Consumption and Growth Rate Forecast (2018-2023)
Figure China Market Value ($) and Growth Rate Forecast (2018-2023)
Table China Consumption and Growth Rate Forecast (2018-2023)
Figure Japan Market Value ($) and Growth Rate Forecast (2018-2023)
Table Japan Consumption and Growth Rate Forecast (2018-2023)
Figure Middle East & Africa Market Value ($) and Growth Rate Forecast (2018-2023)
Table Middle East & Africa Consumption and Growth Rate Forecast (2018-2023)
Figure India Market Value ($) and Growth Rate Forecast (2018-2023)
Table India Consumption and Growth Rate Forecast (2018-2023)
Figure South America Market Value ($) and Growth Rate Forecast (2018-2023)
Table South America Consumption and Growth Rate Forecast (2018-2023)
Figure Industry Resource/Technology/Labor Importance Analysis
Table New Entrants SWOT Analysis
Table New Project Analysis of Investment Recovery
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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