Press Release

Global Battery Energy Storage Systems For Smart Grid Market Insights, Forecast To 2025 | Siemens, ABB, Samsung SDI, GEAlstom

Owing to the growing consumption of power across the globe, there is a greater need for energy storage as distributed generation. Distributed generation produces power close to the areas where it is consumed so that the distance is reduced, resulting in less transmission and distribution losses. Distributed Energy Resources (DER) will be increasingly used to meet the future electricity demands for residential and industrial customers, utilities and commercial customers. The growing requirement to mitigate the power transmission and distribution losses will propel the demand for distributed generation during the forecast period.

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Key factors such as the aging power infrastructure, need for mitigation of cybersecurity risks and accumulation of new resources to the grid has propelled the grid manufacturing companies to opt for ways to make the grid reliable, protect it against cybersecurity, and increase flexibility to make rapid changes according to supply and demand conditions. Many utilities are implementing smart grids that use digital and IT systems to manage the power flow efficiently and effectively. The Americas dominated the battery energy storage market for smart grid and accounted for most of the total market share. Much of the region?s growth can be attributed to the increasing use of smart grids and the increasing need for energy storage for distributed systems.

The Battery Energy Storage Systems for Smart Grid market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period.

In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Battery Energy Storage Systems for Smart Grid.

This report presents the worldwide Battery Energy Storage Systems for Smart Grid market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

The following manufacturers are covered in this report:
Siemens
ABB
Samsung SDI
GEAlstom
A123
Bosch
BYD
AES Energy Storage
LG Chem

Battery Energy Storage Systems for Smart Grid Breakdown Data by Type
Secondary Batteries
Flow Batteries
Others

Battery Energy Storage Systems for Smart Grid Breakdown Data by Application
Energy Management
Backup Power
Voltage Support
Load Leveling
Others

Battery Energy Storage Systems for Smart Grid Production by Region
United States
Europe
China
Japan
Other Regions

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The study objectives are:
To analyze and research the global Battery Energy Storage Systems for Smart Grid status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key Battery Energy Storage Systems for Smart Grid manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Battery Energy Storage Systems for Smart Grid :
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025

Table of Contents

1 Study Coverage
1.1 Battery Energy Storage Systems for Smart Grid Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Battery Energy Storage Systems for Smart Grid Market Size Growth Rate by Type
1.4.2 Secondary Batteries
1.4.3 Flow Batteries
1.4.4 Others
1.5 Market by Application
1.5.1 Global Battery Energy Storage Systems for Smart Grid Market Size Growth Rate by Application
1.5.2 Energy Management
1.5.3 Backup Power
1.5.4 Voltage Support
1.5.5 Load Leveling
1.5.6 Others
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Battery Energy Storage Systems for Smart Grid Market Size
2.1.1 Global Battery Energy Storage Systems for Smart Grid Revenue 2014-2025
2.1.2 Global Battery Energy Storage Systems for Smart Grid Production 2014-2025
2.2 Battery Energy Storage Systems for Smart Grid Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Battery Energy Storage Systems for Smart Grid Manufacturers
2.3.2.1 Battery Energy Storage Systems for Smart Grid Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Battery Energy Storage Systems for Smart Grid Product Offered
2.3.2.3 Date of Manufacturers Enter into Battery Energy Storage Systems for Smart Grid Market
2.4 Key Trends for Battery Energy Storage Systems for Smart Grid Markets & Products

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3 Market Size by Manufacturers
3.1 Battery Energy Storage Systems for Smart Grid Production by Manufacturers
3.1.1 Battery Energy Storage Systems for Smart Grid Production by Manufacturers
3.1.2 Battery Energy Storage Systems for Smart Grid Production Market Share by Manufacturers
3.2 Battery Energy Storage Systems for Smart Grid Revenue by Manufacturers
3.2.1 Battery Energy Storage Systems for Smart Grid Revenue by Manufacturers (2014-2019)
3.2.2 Battery Energy Storage Systems for Smart Grid Revenue Share by Manufacturers (2014-2019)
3.3 Battery Energy Storage Systems for Smart Grid Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Battery Energy Storage Systems for Smart Grid Production by Regions
4.1 Global Battery Energy Storage Systems for Smart Grid Production by Regions
4.1.1 Global Battery Energy Storage Systems for Smart Grid Production Market Share by Regions
4.1.2 Global Battery Energy Storage Systems for Smart Grid Revenue Market Share by Regions
4.2 United States
4.2.1 United States Battery Energy Storage Systems for Smart Grid Production
4.2.2 United States Battery Energy Storage Systems for Smart Grid Revenue
4.2.3 Key Players in United States
4.2.4 United States Battery Energy Storage Systems for Smart Grid Import & Export
4.3 Europe
4.3.1 Europe Battery Energy Storage Systems for Smart Grid Production
4.3.2 Europe Battery Energy Storage Systems for Smart Grid Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Battery Energy Storage Systems for Smart Grid Import & Export
4.4 China
4.4.1 China Battery Energy Storage Systems for Smart Grid Production
4.4.2 China Battery Energy Storage Systems for Smart Grid Revenue
4.4.3 Key Players in China
4.4.4 China Battery Energy Storage Systems for Smart Grid Import & Export
4.5 Japan
4.5.1 Japan Battery Energy Storage Systems for Smart Grid Production
4.5.2 Japan Battery Energy Storage Systems for Smart Grid Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Battery Energy Storage Systems for Smart Grid Import & Export
4.6 Other Regions
4.6.1 South Korea
4.6.2 India
4.6.3 Southeast Asia

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