1. Executive Summary |
2. Global Battery Energy Storage Market Introduction |
2.1. Global Battery Energy Storage Market – Taxonomy |
2.2. Global Battery Energy Storage Market –Definitions |
2.2.1. By Storage System |
2.2.2. By Element |
2.2.3. By Battery Type |
2.2.4. By Connection Type |
2.2.5. By Ownership |
2.2.6. By Energy Capacity |
2.2.7. By Region |
3. Global Battery Energy Storage Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Battery Energy Storage Market Dynamic Factors - Impact Analysis |
3.6. Global Battery Energy Storage Market – Competition Landscape |
4. Global Battery Energy Storage Market Analysis, 2017-2021 and Forecast, 2022-2028 |
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Battery Energy Storage Market, By Storage System, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.1. Front-of-the-meter |
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Behind-the-meter |
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global Battery Energy Storage Market, By Element, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
6.1. Battery |
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Others (Hardware) |
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Battery Energy Storage Market, By Battery Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.1. Â Lithium-Ion Batteries |
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Â Advanced Lead-Acid Batteries |
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Flow Batteries |
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Others |
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
8. Global Battery Energy Storage Market Forecast, By Connection Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
8.1. On-grid |
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Off-grid |
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
9. Global Battery Energy Storage Market Forecast, By Ownership, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
9.1. Customer-Owned |
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Third-Party Owned |
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Utility-Owned |
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
10. Global Battery Energy Storage Market Forecast, By Energy Capacity, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
10.1. Below 100 MWh |
10.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
10.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.1.3. Market Opportunity Analysis |
10.2. Between 100 to 500 MWh |
10.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
10.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.2.3. Market Opportunity Analysis |
10.3. Â Above 500 MWh |
10.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
10.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.3.3. Market Opportunity Analysis |
11. Global Battery Energy Storage Market Forecast, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
11.1. Residential |
11.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
11.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
11.1.3. Market Opportunity Analysis |
11.2. Commercial |
11.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
11.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
11.2.3. Market Opportunity Analysis |
11.3. Utility |
11.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
11.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
11.3.3. Market Opportunity Analysis |
12. Â Global Battery Energy Storage Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
12.1. North America |
12.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
12.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
12.1.3. Market Opportunity Analysis |
12.2. Europe |
12.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
12.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
12.2.3. Market Opportunity Analysis |
12.3. Asia-Pacific |
12.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
12.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
12.3.3. Market Opportunity Analysis |
12.4. Latin America |
12.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
12.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
12.4.3. Market Opportunity Analysis |
12.5. Middle East and Africa |
12.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
12.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
12.5.3. Market Opportunity Analysis |
12.6. Global Battery Energy Storage Market - Opportunity Analysis Index, By Storage System, By Element, By Battery Type, By Connection Type, By Ownership, By Energy Capacity, By Application, and Region, 2022-2028 |
13. North America Battery Energy Storage Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
13.1. Storage System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Front-of-the-meter |
13.1.2. Behind-the-meter |
13.2. Element Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Battery |
13.2.2. Others (Hardware) |
13.3. Battery Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Lithium-Ion Batteries |
13.3.2. Advanced Lead-Acid Batteries |
13.3.3. Flow Batteries |
13.3.4. Others |
13.4. Connection Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. On-grid |
13.4.2. Off-grid |
13.5. Ownership Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Customer-Owned |
13.5.2. Third-Party Owned |
13.6. Energy Capacity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.6.1. Below 100 MWh |
13.6.2. Between 100 to 500 MWh |
13.6.3. Above 500 MWh |
13.7. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.7.1. Residential |
13.7.2. Commercial |
13.7.3. Utility |
13.8. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.8.1. USA |
13.8.2. Canada |
13.9. North America Battery Energy Storage Market - Opportunity Analysis Index, By Storage System, Element, Battery Type, Connection Type, Ownership, Energy Capacity, Application, and Country, 2022-2028 |
13.10. North America Battery Energy Storage Market Dynamics – Trends |
14. Europe Battery Energy Storage Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
14.1. Storage System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.1.1. Front-of-the-meter |
14.1.2. Behind-the-meter |
14.2. Element Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.2.1. Battery |
14.2.2. Others (Hardware) |
14.3. Battery Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Lithium-Ion Batteries |
14.3.2. Advanced Lead-Acid Batteries |
14.3.3. Flow Batteries |
14.3.4. Others |
14.4. Connection Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. On-grid |
14.4.2. Off-grid |
14.5. Ownership Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Customer-Owned |
14.5.2. Third-Party Owned |
14.6. Energy Capacity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.6.1. Below 100 MWh |
14.6.2. Between 100 to 500 MWh |
14.6.3. Above 500 MWh |
14.7. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.7.1. Residential |
14.7.2. Commercial |
14.7.3. Utility |
14.8. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.8.1. Germany |
14.8.2. UK |
14.8.3. France |
14.8.4. Spain |
14.8.5. Italy |
14.8.6. Russia |
14.8.7. Rest of Europe |
14.9. Europe Battery Energy Storage Market - Opportunity Analysis Index, By Storage System, Element, Battery Type, Connection Type, Ownership, Energy Capacity, Application, and Country, 2022-2028 |
14.10. Europe Battery Energy Storage Market Dynamics – Trends |
15. Asia-Pacific Battery Energy Storage Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
15.1. Storage System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
15.1.1. Front-of-the-meter |
15.1.2. Behind-the-meter |
15.2. Element Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
15.2.1. Battery |
15.2.2. Others (Hardware) |
15.3. Battery Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.3.1. Lithium-Ion Batteries |
15.3.2. Advanced Lead-Acid Batteries |
15.3.3. Flow Batteries |
15.3.4. Others |
15.4. Connection Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.4.1. On-grid |
15.4.2. Off-grid |
15.5. Ownership Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.5.1. Customer-Owned |
15.5.2. Third-Party Owned |
15.6. Energy Capacity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.6.1. Below 100 MWh |
15.6.2. Between 100 to 500 MWh |
15.6.3. Above 500 MWh |
15.7. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.7.1. Residential |
15.7.2. Commercial |
15.7.3. Utility |
15.8. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
15.8.1. China |
15.8.2. India |
15.8.3. Japan |
15.8.4. ASEAN |
15.8.5. Australia & New Zealand |
15.8.6. Rest of Asia-Pacific |
15.9. Asia-Pacific Battery Energy Storage Market - Opportunity Analysis Index, By Storage System, Element, Battery Type, Connection Type, Ownership, Energy Capacity, Application, and Country, 2022-2028 |
15.10. Asia-Pacific Battery Energy Storage Market Dynamics – Trends |
16. Latin America Battery Energy Storage Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
16.1. Storage System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
16.1.1. Front-of-the-meter |
16.1.2. Behind-the-meter |
16.2. Element Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
16.2.1. Battery |
16.2.2. Others (Hardware) |
16.3. Battery Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
16.3.1. Lithium-Ion Batteries |
16.3.2. Advanced Lead-Acid Batteries |
16.3.3. Flow Batteries |
16.3.4. Others |
16.4. Connection Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
16.4.1. On-grid |
16.4.2. Off-grid |
16.5. Ownership Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
16.5.1. Customer-Owned |
16.5.2. Third-Party Owned |
16.6. Energy Capacity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
16.6.1. Below 100 MWh |
16.6.2. Between 100 to 500 MWh |
16.6.3. Above 500 MWh |
16.7. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
16.7.1. Residential |
16.7.2. Commercial |
16.7.3. Utility |
16.8. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
16.8.1. Brazil |
16.8.2. Mexico |
16.8.3. Rest of Latin America |
16.9. Latin America Battery Energy Storage Market - Opportunity Analysis Index, By Storage System, Element, Battery Type, Connection Type, Ownership, Energy Capacity, Application, and Country, 2022-2028 |
16.10. Latin America Battery Energy Storage Market Dynamics – Trends |
17. Middle East and Africa Battery Energy Storage Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
17.1. Storage System Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
17.1.1. Â Front-of-the-meter |
17.1.2. Behind-the-meter |
17.2. Element Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
17.2.1. Battery |
17.2.2. Others (Hardware) |
17.3. Battery Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
17.3.1. Lithium-Ion Batteries |
17.3.2. Advanced Lead-Acid Batteries |
17.3.3. Flow Batteries |
17.3.4. Others |
17.4. Connection Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
17.4.1. On-grid |
17.4.2. Off-grid |
17.5. Ownership Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
17.5.1. Customer-Owned |
17.5.2. Third-Party Owned |
17.6. Energy Capacity Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
17.6.1. Below 100 MWh |
17.6.2. Between 100 to 500 MWh |
17.6.3. Above 500 MWh |
17.7. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
17.7.1. Residential |
17.7.2. Commercial |
17.7.3. Utility |
17.8. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
17.8.1. Gulf Cooperation Council (GCC) Countries |
17.8.2. South Africa |
17.8.3. Rest of MEA |
17.9. MEA Battery Energy Storage Market - Opportunity Analysis Index, By Storage System, Element, Battery Type, Connection Type, Ownership, Energy Capacity, Application, and Country, 2022-2028 |
17.10. MEA Battery Energy Storage Market Dynamics – Trends |
18. Competition Landscape |
18.1. Strategic Dashboard of Top Market Players |
18.2. Company Profiles (Introduction, Financial Analysis, Key Storage Systems, Key Developments, Strategies, and SWOT Analysis) |
18.2.1. ABB Ltd |
18.2.2. AEG Power Solutions |
18.2.3. Amara Raja Group |
18.2.4. BYD Co. Ltd. |
18.2.5. Delta Electronics, Inc. |
18.2.6. Exide Industries Limited |
18.2.7. General Electric Company |
18.2.8. Hitachi, Ltd. |
18.2.9. Johnson Controls, Inc. |
18.2.10. LG Chem Ltd. |
18.2.11. NEC Corporation |
18.2.12. Panasonic Corporation |
18.2.13. Primus Power Corporation |
18.2.14. Samsung SDI Co., Ltd. |
18.2.15. Siemens AG |
19. Research Methodology |
20. Key Assumptions and Acronyms |
2021 is the base year and 2028 is the forecast year.
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.