According to Stratistics MRC, the Global Energy Storage System market is accounted for $ 1, 92, 121.12 million in 2017 and is expected to reach $3, 58, 545.98 million by 2026 growing at a CAGR of 7.2% during the forecast period. The factors driving the market growth are an expansion in increasing consumer awareness regarding energy efficiency and increasing acceptance of hybrid and electric vehicles. However, Hazardous environmental impact is restraining the market.
Energy storage is the imprison of energy produced at one time for use at a later time. It involves converting energy from forms that are difficult to store to more expediently storable forms. Some technologies provide short-term energy storage, while others can endure for much longer.
By Technology, Thermal Storage segment is driven during the forecast period. It considered being the primary renewable option for electrical energy. Based on geography, the Asia Pacific in the global scenario has a positive impact on the market due to increasing power consumption has resulted in the need for storage space systems.
Some of the key players in the Energy Storage System market are Active Power, Electrovaya, Altairnano, Maxwell Technologies, Inc., LG Chem, Samsung SDI Co., Ltd., NEC Energy Solutions, Ecoult, General Electric, The Furukawa Battery Co., Ltd., Saft, EnSync, Inc., Kokam, Hitachi Chemical Co., Ltd. and Fluence.
Technologies Covered:
• Thermal Storage
• Electro Chemical
• Mechanical Energy Storage
• Redox Flow Battery
• Other Technologies
Applications Covered:
• Transportation
• Grid Storage
End Users Covered:
• Utility
• Residential
• Automotive
• Non-Residential
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Energy Storage System Market, By Technology
5.1 Introduction
5.2 Thermal Storage
5.3 Electro Chemical
5.3.1 Nickel Cadmium
5.3.2 Lithium Ion Battery
5.3.3 Flow Battery
5.3.4 Lead Acid Battery
5.3.5 Sodium Sulphur (NAS) Battery
5.3.6 Other Electro Chemicals
5.4 Mechanical Energy Storage
5.4.1 Compressed Air & Liquid Air Energy Storage
5.4.2 Pumped Hydro Energy Storage
5.4.3 Flywheel Energy Storage
5.5 Redox Flow Battery
5.6 Other Technologies
6 Global Energy Storage System Market, By Application
6.1 Introduction
6.2 Transportation
6.3 Grid Storage
7 Global Energy Storage System Market, By End-User
7.1 Introduction
7.2 Utility
7.3 Residential
7.4 Automotive
7.5 Non-Residential
8 Global Energy Storage System Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Active Power
10.2 Electrovaya
10.3 Altairnano
10.4 Maxwell Technologies, Inc.
10.5 LG Chem
10.6 Samsung SDI Co., Ltd.
10.7 NEC Energy Solutions
10.8 Ecoult
10.9 General Electric
10.10 The Furukawa Battery Co., Ltd.
10.11 Saft
10.12 EnSync, Inc.
10.13 Kokam
10.14 Hitachi Chemical Co., Ltd.
10.15 Fluence
List of Tables
Table 1 Global Energy Storage System Market Outlook, By Region (2016-2026) (US $MN)
Table 2 Global Energy Storage System Market Outlook, By Technology (2016-2026) (US $MN)
Table 3 Global Energy Storage System Market Outlook, By Thermal Storage (2016-2026) (US $MN)
Table 4 Global Energy Storage System Market Outlook, By Electro Chemical (2016-2026) (US $MN)
Table 5 Global Energy Storage System Market Outlook, By Nickel Cadmium (2016-2026) (US $MN)
Table 6 Global Energy Storage System Market Outlook, By Lithium Ion Battery (2016-2026) (US $MN)
Table 7 Global Energy Storage System Market Outlook, By Flow Battery (2016-2026) (US $MN)
Table 8 Global Energy Storage System Market Outlook, By Lead Acid Battery (2016-2026) (US $MN)
Table 9 Global Energy Storage System Market Outlook, By Sodium Sulphur (NAS) Battery (2016-2026) (US $MN)
Table 10 Global Energy Storage System Market Outlook, By Other Electro Chemicals (2016-2026) (US $MN)
Table 11 Global Energy Storage System Market Outlook, By Mechanical Energy Storage (2016-2026) (US $MN)
Table 12 Global Energy Storage System Market Outlook, By Compressed Air & Liquid Air Energy Storage (2016-2026) (US $MN)
Table 13 Global Energy Storage System Market Outlook, By Pumped Hydro Energy Storage (2016-2026) (US $MN)
Table 14 Global Energy Storage System Market Outlook, By Flywheel Energy Storage (2016-2026) (US $MN)
Table 15 Global Energy Storage System Market Outlook, By Redox Flow Battery (2016-2026) (US $MN)
Table 16 Global Energy Storage System Market Outlook, By Other Technologies (2016-2026) (US $MN)
Table 17 Global Energy Storage System Market Outlook, By Application (2016-2026) (US $MN)
Table 18 Global Energy Storage System Market Outlook, By Transportation (2016-2026) (US $MN)
Table 19 Global Energy Storage System Market Outlook, By Grid Storage (2016-2026) (US $MN)
Table 20 Global Energy Storage System Market Outlook, By End-User (2016-2026) (US $MN)
Table 21 Global Energy Storage System Market Outlook, By Utility (2016-2026) (US $MN)
Table 22 Global Energy Storage System Market Outlook, By Residential (2016-2026) (US $MN)
Table 23 Global Energy Storage System Market Outlook, By Automotive (2016-2026) (US $MN)
Table 24 Global Energy Storage System Market Outlook, By Non-Residential (2016-2026) (US $MN)
Table 25 North America Energy Storage System Market Outlook, By Country (2016-2026) (US $MN)
Table 26 North America Energy Storage System Market Outlook, By Technology (2016-2026) (US $MN)
Table 27 North America Energy Storage System Market Outlook, By Thermal Storage (2016-2026) (US $MN)
Table 28 North America Energy Storage System Market Outlook, By Electro Chemical (2016-2026) (US $MN)
Table 29 North America Energy Storage System Market Outlook, By Nickel Cadmium (2016-2026) (US $MN)
Table 30 North America Energy Storage System Market Outlook, By Lithium Ion Battery (2016-2026) (US $MN)
Table 31 North America Energy Storage System Market Outlook, By Flow Battery (2016-2026) (US $MN)
Table 32 North America Energy Storage System Market Outlook, By Lead Acid Battery (2016-2026) (US $MN)
Table 33 North America Energy Storage System Market Outlook, By Sodium Sulphur (NAS) Battery (2016-2026) (US $MN)
Table 34 North America Energy Storage System Market Outlook, By Other Electro Chemicals (2016-2026) (US $MN)
Table 35 North America Energy Storage System Market Outlook, By Mechanical Energy Storage (2016-2026) (US $MN)
Table 36 North America Energy Storage System Market Outlook, By Compressed Air & Liquid Air Energy Storage (2016-2026) (US $MN)
Table 37 North America Energy Storage System Market Outlook, By Pumped Hydro Energy Storage (2016-2026) (US $MN)
Table 38 North America Energy Storage System Market Outlook, By Flywheel Energy Storage (2016-2026) (US $MN)
Table 39 North America Energy Storage System Market Outlook, By Redox Flow Battery (2016-2026) (US $MN)
Table 40 North America Energy Storage System Market Outlook, By Other Technologies (2016-2026) (US $MN)
Table 41 North America Energy Storage System Market Outlook, By Application (2016-2026) (US $MN)
Table 42 North America Energy Storage System Market Outlook, By Transportation (2016-2026) (US $MN)
Table 43 North America Energy Storage System Market Outlook, By Grid Storage (2016-2026) (US $MN)
Table 44 North America Energy Storage System Market Outlook, By End-User (2016-2026) (US $MN)
Table 45 North America Energy Storage System Market Outlook, By Utility (2016-2026) (US $MN)
Table 46 North America Energy Storage System Market Outlook, By Residential (2016-2026) (US $MN)
Table 47 North America Energy Storage System Market Outlook, By Automotive (2016-2026) (US $MN)
Table 48 North America Energy Storage System Market Outlook, By Non-Residential (2016-2026) (US $MN)
Table 49 Europe Energy Storage System Market Outlook, By Country (2016-2026) (US $MN)
Table 50 Europe Energy Storage System Market Outlook, By Technology (2016-2026) (US $MN)
Table 51 Europe Energy Storage System Market Outlook, By Thermal Storage (2016-2026) (US $MN)
Table 52 Europe Energy Storage System Market Outlook, By Electro Chemical (2016-2026) (US $MN)
Table 53 Europe Energy Storage System Market Outlook, By Nickel Cadmium (2016-2026) (US $MN)
Table 54 Europe Energy Storage System Market Outlook, By Lithium Ion Battery (2016-2026) (US $MN)
Table 55 Europe Energy Storage System Market Outlook, By Flow Battery (2016-2026) (US $MN)
Table 56 Europe Energy Storage System Market Outlook, By Lead Acid Battery (2016-2026) (US $MN)
Table 57 Europe Energy Storage System Market Outlook, By Sodium Sulphur (NAS) Battery (2016-2026) (US $MN)
Table 58 Europe Energy Storage System Market Outlook, By Other Electro Chemicals (2016-2026) (US $MN)
Table 59 Europe Energy Storage System Market Outlook, By Mechanical Energy Storage (2016-2026) (US $MN)
Table 60 Europe Energy Storage System Market Outlook, By Compressed Air & Liquid Air Energy Storage (2016-2026) (US $MN)
Table 61 Europe Energy Storage System Market Outlook, By Pumped Hydro Energy Storage (2016-2026) (US $MN)
Table 62 Europe Energy Storage System Market Outlook, By Flywheel Energy Storage (2016-2026) (US $MN)
Table 63 Europe Energy Storage System Market Outlook, By Redox Flow Battery (2016-2026) (US $MN)
Table 64 Europe Energy Storage System Market Outlook, By Other Technologies (2016-2026) (US $MN)
Table 65 Europe Energy Storage System Market Outlook, By Application (2016-2026) (US $MN)
Table 66 Europe Energy Storage System Market Outlook, By Transportation (2016-2026) (US $MN)
Table 67 Europe Energy Storage System Market Outlook, By Grid Storage (2016-2026) (US $MN)
Table 68 Europe Energy Storage System Market Outlook, By End-User (2016-2026) (US $MN)
Table 69 Europe Energy Storage System Market Outlook, By Utility (2016-2026) (US $MN)
Table 70 Europe Energy Storage System Market Outlook, By Residential (2016-2026) (US $MN)
Table 71 Europe Energy Storage System Market Outlook, By Automotive (2016-2026) (US $MN)
Table 72 Europe Energy Storage System Market Outlook, By Non-Residential (2016-2026) (US $MN)
Table 73 Asia Pacific Energy Storage System Market Outlook, By Country (2016-2026) (US $MN)
Table 74 Asia Pacific Energy Storage System Market Outlook, By Technology (2016-2026) (US $MN)
Table 75 Asia Pacific Energy Storage System Market Outlook, By Thermal Storage (2016-2026) (US $MN)
Table 76 Asia Pacific Energy Storage System Market Outlook, By Electro Chemical (2016-2026) (US $MN)
Table 77 Asia Pacific Energy Storage System Market Outlook, By Nickel Cadmium (2016-2026) (US $MN)
Table 78 Asia Pacific Energy Storage System Market Outlook, By Lithium Ion Battery (2016-2026) (US $MN)
Table 79 Asia Pacific Energy Storage System Market Outlook, By Flow Battery (2016-2026) (US $MN)
Table 80 Asia Pacific Energy Storage System Market Outlook, By Lead Acid Battery (2016-2026) (US $MN)
Table 81 Asia Pacific Energy Storage System Market Outlook, By Sodium Sulphur (NAS) Battery (2016-2026) (US $MN)
Table 82 Asia Pacific Energy Storage System Market Outlook, By Other Electro Chemicals (2016-2026) (US $MN)
Table 83 Asia Pacific Energy Storage System Market Outlook, By Mechanical Energy Storage (2016-2026) (US $MN)
Table 84 Asia Pacific Energy Storage System Market Outlook, By Compressed Air & Liquid Air Energy Storage (2016-2026) (US $MN)
Table 85 Asia Pacific Energy Storage System Market Outlook, By Pumped Hydro Energy Storage (2016-2026) (US $MN)
Table 86 Asia Pacific Energy Storage System Market Outlook, By Flywheel Energy Storage (2016-2026) (US $MN)
Table 87 Asia Pacific Energy Storage System Market Outlook, By Redox Flow Battery (2016-2026) (US $MN)
Table 88 Asia Pacific Energy Storage System Market Outlook, By Other Technologies (2016-2026) (US $MN)
Table 89 Asia Pacific Energy Storage System Market Outlook, By Application (2016-2026) (US $MN)
Table 90 Asia Pacific Energy Storage System Market Outlook, By Transportation (2016-2026) (US $MN)
Table 91 Asia Pacific Energy Storage System Market Outlook, By Grid Storage (2016-2026) (US $MN)
Table 92 Asia Pacific Energy Storage System Market Outlook, By End-User (2016-2026) (US $MN)
Table 93 Asia Pacific Energy Storage System Market Outlook, By Utility (2016-2026) (US $MN)
Table 94 Asia Pacific Energy Storage System Market Outlook, By Residential (2016-2026) (US $MN)
Table 95 Asia Pacific Energy Storage System Market Outlook, By Automotive (2016-2026) (US $MN)
Table 96 Asia Pacific Energy Storage System Market Outlook, By Non-Residential (2016-2026) (US $MN)
Table 97 South America Energy Storage System Market Outlook, By Country (2016-2026) (US $MN)
Table 98 South America Energy Storage System Market Outlook, By Technology (2016-2026) (US $MN)
Table 99 South America Energy Storage System Market Outlook, By Thermal Storage (2016-2026) (US $MN)
Table 100 South America Energy Storage System Market Outlook, By Electro Chemical (2016-2026) (US $MN)
Table 101 South America Energy Storage System Market Outlook, By Nickel Cadmium (2016-2026) (US $MN)
Table 102 South America Energy Storage System Market Outlook, By Lithium Ion Battery (2016-2026) (US $MN)
Table 103 South America Energy Storage System Market Outlook, By Flow Battery (2016-2026) (US $MN)
Table 104 South America Energy Storage System Market Outlook, By Lead Acid Battery (2016-2026) (US $MN)
Table 105 South America Energy Storage System Market Outlook, By Sodium Sulphur (NAS) Battery (2016-2026) (US $MN)
Table 106 South America Energy Storage System Market Outlook, By Other Electro Chemicals (2016-2026) (US $MN)
Table 107 South America Energy Storage System Market Outlook, By Mechanical Energy Storage (2016-2026) (US $MN)
Table 108 South America Energy Storage System Market Outlook, By Compressed Air & Liquid Air Energy Storage (2016-2026) (US $MN)
Table 109 South America Energy Storage System Market Outlook, By Pumped Hydro Energy Storage (2016-2026) (US $MN)
Table 110 South America Energy Storage System Market Outlook, By Flywheel Energy Storage (2016-2026) (US $MN)
Table 111 South America Energy Storage System Market Outlook, By Redox Flow Battery (2016-2026) (US $MN)
Table 112 South America Energy Storage System Market Outlook, By Other Technologies (2016-2026) (US $MN)
Table 113 South America Energy Storage System Market Outlook, By Application (2016-2026) (US $MN)
Table 114 South America Energy Storage System Market Outlook, By Transportation (2016-2026) (US $MN)
Table 115 South America Energy Storage System Market Outlook, By Grid Storage (2016-2026) (US $MN)
Table 116 South America Energy Storage System Market Outlook, By End-User (2016-2026) (US $MN)
Table 117 South America Energy Storage System Market Outlook, By Utility (2016-2026) (US $MN)
Table 118 South America Energy Storage System Market Outlook, By Residential (2016-2026) (US $MN)
Table 119 South America Energy Storage System Market Outlook, By Automotive (2016-2026) (US $MN)
Table 120 South America Energy Storage System Market Outlook, By Non-Residential (2016-2026) (US $MN)
Table 121 Middle East & Africa Energy Storage System Market Outlook, By Country (2016-2026) (US $MN)
Table 122 Middle East & Africa Energy Storage System Market Outlook, By Technology (2016-2026) (US $MN)
Table 123 Middle East & Africa Energy Storage System Market Outlook, By Thermal Storage (2016-2026) (US $MN)
Table 124 Middle East & Africa Energy Storage System Market Outlook, By Electro Chemical (2016-2026) (US $MN)
Table 125 Middle East & Africa Energy Storage System Market Outlook, By Nickel Cadmium (2016-2026) (US $MN)
Table 126 Middle East & Africa Energy Storage System Market Outlook, By Lithium Ion Battery (2016-2026) (US $MN)
Table 127 Middle East & Africa Energy Storage System Market Outlook, By Flow Battery (2016-2026) (US $MN)
Table 128 Middle East & Africa Energy Storage System Market Outlook, By Lead Acid Battery (2016-2026) (US $MN)
Table 129 Middle East & Africa Energy Storage System Market Outlook, By Sodium Sulphur (NAS) Battery (2016-2026) (US $MN)
Table 130 Middle East & Africa Energy Storage System Market Outlook, By Other Electro Chemicals (2016-2026) (US $MN)
Table 131 Middle East & Africa Energy Storage System Market Outlook, By Mechanical Energy Storage (2016-2026) (US $MN)
Table 132 Middle East & Africa Energy Storage System Market Outlook, By Compressed Air & Liquid Air Energy Storage (2016-2026) (US $MN)
Table 133 Middle East & Africa Energy Storage System Market Outlook, By Pumped Hydro Energy Storage (2016-2026) (US $MN)
Table 134 Middle East & Africa Energy Storage System Market Outlook, By Flywheel Energy Storage (2016-2026) (US $MN)
Table 135 Middle East & Africa Energy Storage System Market Outlook, By Redox Flow Battery (2016-2026) (US $MN)
Table 136 Middle East & Africa Energy Storage System Market Outlook, By Other Technologies (2016-2026) (US $MN)
Table 137 Middle East & Africa Energy Storage System Market Outlook, By Application (2016-2026) (US $MN)
Table 138 Middle East & Africa Energy Storage System Market Outlook, By Transportation (2016-2026) (US $MN)
Table 139 Middle East & Africa Energy Storage System Market Outlook, By Grid Storage (2016-2026) (US $MN)
Table 140 Middle East & Africa Energy Storage System Market Outlook, By End-User (2016-2026) (US $MN)
Table 141 Middle East & Africa Energy Storage System Market Outlook, By Utility (2016-2026) (US $MN)
Table 142 Middle East & Africa Energy Storage System Market Outlook, By Residential (2016-2026) (US $MN)
Table 143 Middle East & Africa Energy Storage System Market Outlook, By Automotive (2016-2026) (US $MN)
Table 144 Middle East & Africa Energy Storage System Market Outlook, By Non-Residential (2016-2026) (US $MN)
Cross-segment Market Size and Analysis for
Mentioned Segments
