Battery Energy Storage Market Size, Share and Trends Analysis by Region, Technology, Installed Capacity, Key Players and Forecast to 2027

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Explore actionable market insights from the following data in the Battery Energy Storage Market’ report:

  • Analysis of the battery energy storage system market growth with a focus on market value at a global level, split regionally – Asia-Pacific, Americas, Europe, and the Middle East and Africa.
  • Market analysis by key countries, including the US, Chile, China, India, Japan, Australia, the Republic of Korea, Germany, the UK, and France.
  • Market value (up to 2018, up to 2022, and up to 2027) and volume (up to 2018, up to 2022, and up to 2027) at Global, regional and country level. Also, the market share by technology installations up to 2022.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on the battery energy storage system market are discussed.
  • An insightful competitive landscape at the country level for the year 2022. The report also covers key policies and initiatives, key deals, and key projects.

How is the ‘Battery Energy Storage Market’ report different from other reports in the market?

Businesses need to have a deeper understanding of the market dynamics to gain a competitive edge in the coming decade.

The report will enhance your decision-making capability in a more rapid and time-sensitive manner. It will allow you to –

  • Facilitate decision-making by analyzing market data on battery energy storage systems.
  • Develop strategies based on developments in the battery energy storage system market.
  • Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the battery energy storage system market.
  • Respond to your competitors’ business structure, strategies, and prospects.

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Battery Energy Storage Market Report Overview

The battery energy storage market size was $6.91 billion in 2022. During the forecast period, the market is likely to grow significantly owing to factors such as increasing share of renewables in the energy sector. The increase in smart grid deployment, fall in battery prices, and bill management requirements for commercial and industrial customers are also expected to propel the market for battery energy storage.

Battery Energy Storage Market Outlook, 2022-2027 ($ Billion)

Battery Energy Storage Market Outlook, 2022-2027 ($ Billion)

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The battery energy storage market research report offers comprehensive information and understanding of the global battery energy storage market. The report offers an in-depth analysis of the battery energy storage market at the global, regional, and country levels. The report also offers a qualitative analysis of key market drivers and restraints, and an analysis of their impacts on the battery energy storage system market.

Market Size (2022) $6.91 Billion
Forecast Period 2023-2027
Historical Period 2018-2022
Key Regions •       Americas

•       Europe, Middle East & Africa (EMEA)

•       Asia-Pacific (APAC)

Key Drivers •       Adoption of renewables that would require flexible technologies to maintain grid reliability

•       Increasing retail tariffs and decline in incentives to complement self-sufficiency measures

Key Challenges •       Cost perception in price-sensitive markets could impede growth

•       Lack of robust regulatory framework and market standardization

Key Technology Segments •       Lithium-ion Battery

•       Lithium Iron Phosphate Battery

•       Sodium-based Battery

•       Flow Battery

•       Others

Key Countries •       The US

•       Chile

•       India

•       China

•       Japan

•       Australia

•       Republic of Korea

•       Germany

•       The UK

Leading Companies •       Tesla Inc

•       LG Chem Ltd

•       Samsung SDI Co Ltd

•       NGK Insulators Ltd

•       Fluence Energy Inc

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Battery Energy Storage Market Dynamics

The adoption of renewable energy, increasing retail tariffs and the decline in incentives are some of the factors driving the battery energy storage market.

Renewable energy, complemented by favorable market conditions and government policies, is being deployed on a large scale. Renewable technologies are at the center of energy sector transformations, with deployments carried out along the value chain. Economic progress will help increase electricity consumption, as more consumers come online, due to their increased purchasing capacity and usage of more electronic equipment. These factors are likely to increase the variability of power flow within the grid network, potentially raising safety concerns. Under such conditions, it becomes necessary to address fluctuations in load and demand. Battery storage offers the flexibility to address the gap between generation and load curves, preventing major grid failures.

However, factors such as cost perception in price-sensitive markets and lack of robust regulatory framework and market standardization may hamper the market growth. For instance, with no common manufacturing codes or standards developed for energy storage devices, each manufacturer is free to develop its internal standards, which could lead to compatibility issues during installations and maintenance.

Battery Energy Storage Market Segmentation by Technology

The key segments by technology in the battery energy storage market are lithium-ion battery, lithium-iron phosphate battery, sodium-based battery, flow battery, and others. In 2022, lithium-ion battery was the primary technology for battery storage deployment. Lithium-ion’s cost and performance advantages, deep discharge cycle life, energy and power density, and other attributes proved more suitable for storage than those of other types of batteries.

Although lithium-ion leads in market deployments, flow battery systems will also find a place in the coming years due to the technology’s ability to handle large energy capacity and offer better cycle durability.

Battery Energy Storage Market Analysis, by Technology Segments, 2022 (%)

Battery Energy Storage Market Analysis, by Technology Segments, 2022 (%)

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Battery Energy Storage Market Segmentation by Regions

The key regions and countries in the battery energy storage market are the Americas, APAC, and EMEA. APAC led the market for battery energy storage in 2022 and is expected to continue to lead the market in terms of cumulative installed capacity in 2027, accounting for more than 74% of the global market. China, South Korea, Australia, and India are the top four countries in the region.

The EMEA region was the second-largest market, with Germany and the UK being the top markets in Europe for battery energy storage. The US was undoubtedly the largest market in the Americas region in 2022. The deployment of storage in front-of-the-meter for grid applications contributed to the growth in the US market.

Battery Energy Storage Market Analysis, by Regions, 2022 (%)

Battery Energy Storage Market Analysis, by Regions, 2022 (%)

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Battery Energy Storage Market – Competitive Landscape

The leading companies making their mark in the battery energy storage market are Tesla Inc, LG Chem Ltd, Samsung SDI Co Ltd, NGK Insulators Ltd, and Fluence Energy Inc among others. Tesla Inc led the battery energy storage market in 2022, followed by LG Chem Ltd. As the energy storage industry progresses, companies must strive for technological advancement to stay up to date with industry trends.

Battery Energy Storage Market Analysis, by Companies, 2022 (%)

Battery Energy Storage Market Analysis, by Companies, 2022 (%)

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Segments Covered in the Report

Battery Energy Storage Market Technology Outlook (Value, $ Billion, 2018-2027)

  • Lithium-ion Battery
  • Lithium Iron Phosphate Battery
  • Sodium-based Battery
  • Flow Battery
  • Others

Battery Energy Storage Market Regions Outlook (Value, $ Billion, 2018-2027)

  • Americas
  • APAC
  • EMEA

Battery Energy Storage Market Countries Outlook (Value, $ Billion, 2018-2027)

  • The US
  • Chile
  • India
  • China
  • Japan
  • Australia
  • Republic of Korea
  • Germany
  • The UK

Scope

The report analyses battery energy storage system market. Its scope includes –

• Analysis of the growth of battery energy storage system market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.

• The report provides battery energy storage system market analysis for key countries including the US, Chile, China, India, Japan, Australia, Republic of Korea, Germany, the UK, and France.

• The report offers global, regional, and country level battery energy storage system market value (up to 2018, up to 2022, and up to 2027) and volume (up to 2018, up to 2022, and up to 2027). Market share by technology is also discussed in the report for installations up to 2022.

• Qualitative analysis of key market drivers and restraints, and analysis of their impacts on battery energy storage system market are discussed.

• The report provides competitive landscape at country level for the year 2022. It also covers key policies and initiatives, key deals, and key projects.

Reasons to Buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to –

• Facilitate decision-making by analyzing market data on battery energy storage systems

• Develop strategies based on developments in the battery energy storage system market

• Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the battery energy storage system market

• Respond to your competitors’ business structure, strategies, and prospects

A123 Systems LLC
ABB Ltd
Amperex Technology Limited
Belectric Solar & Battery GmbH
BlueSolutions SA
BYD Co Ltd
Contemporary Amperex Technology Ltd
Dalian Rongke Power Co Ltd
Doosan Gridtech Inc
Ecoult
Exide Industries Ltd
Fiamm
Fluence Energy Inc
General Electric Co
GS Yuasa Corp
Guangdong Dynavolt Renewable Energy Technology Co Ltd
Hyundai Electric and Energy Systems Co Ltd
Invinity Energy Systems Plc
Kokam America Inc.
Kokam Co Ltd
Leclanche SA
LG Chem Ltd
LG Corp
Maxwell Technologies Inc
Narada Power Source Co Ltd
NEC Chile SA
NEC Corp
NEC Energy Solutions Inc
NGK Insulators Ltd
Nidec ASI SpA
NR Electric Co Ltd
Robert Bosch GmbH
Saft Groupe SA
SAMSUNG
Samsung SDI Co Ltd
Shenzhen Cubenergy Co Ltd
Shenzhen Sinexcel Electric Co Ltd
Shin Kobe Electric Machinery Co Ltd
Showa Denko Materials Co Ltd
Siemens AG
SMA Solar Technology AG
Sumitomo Electric Industries Ltd
Sungrow-Samsung SDI Energy Storage Power Supply Co Ltd
Tesla Inc
Toshiba Corp
Wartsila Corp
Xtreme Power Inc.
Younicos GmbH

Table of Contents

About GlobalData

1 Executive Summary

1.1 Global Battery Energy Storage Market to Reach a Value of $14.89 billion by 2027

1.2 China to Lead the Country-Level Market for Battery Energy Storage

2 Introduction

2.1 Energy Storage Systems, Overview

2.2 Energy Storage System Technologies, Overview

– Energy Storage System Technologies, Mechanical

– Energy Storage System Technologies, Electrical

– Energy Storage System Technologies, Electrochemical

– Energy Storage System Technologies, Chemical

– Energy Storage System Technologies, Thermal

2.3 Energy Storage System Technologies, Application

2.4 Energy Storage System Technologies, Costs

2.5 Energy Storage System Technologies, Rationale for Usage

2.6 Energy Storage System Technologies, Disposal and Environmental Impact

2.7 GlobalData Report Guidance

3 Battery Energy Storage Market, Global

3.1 Battery Energy Storage Market, Global, Market Overview

3.2 Battery Energy Storage Market, Global, Market Drivers and Restraints

– Battery Energy Storage Market, Global, Market Drivers and Impact Analysis

– Battery Energy Storage Market, Global, Market Restraints and Impact Analysis

3.3 Battery Energy Storage Market, Global, Market Size Analysis

– Battery Energy Storage Market, Global, Market Volume (GW), 2018, 2022, 2027

– Battery Energy Storage Market, Global, Market Value ($bn), 2018, 2022, 2027

– Battery Energy Storage Market, Global, Market Share by Region, 2018, 2022, 2027

– Battery Energy Storage Market, Global, Market Share by Technology, 2022

3.4 Battery Energy Storage Market, Global, Competitive Landscape

4 Battery Energy Storage Market, Americas

4.1 Battery Energy Storage Market, Americas, Market Overview

4.2 Battery Energy Storage Market, Americas, Market Size Analysis

– Battery Energy Storage Market, Americas, Market Volume (GW), 2018, 2022, 2027

– Battery Energy Storage Market, Americas, Market Value ($bn) by Technology, 2022

– Battery Energy Storage Market, Americas, Market Share by Technology, 2022

4.3 Battery Energy Storage Market, Americas, Competitive Landscape

5 Battery Energy Storage Market, US

5.1 Battery Energy Storage Market, US, Market Overview

5.2 Battery Energy Storage Market, US, Major Policies, and Initiatives

5.3 Battery Energy Storage Market, US, Market Size Analysis

– Battery Energy Storage Market, US, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, US, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, US, Market Share by Technology, 2022

5.4 Battery Energy Storage Market, US, Competitive Landscape

5.5 Battery Energy Storage Market, US, Major Upcoming Projects

6 Battery Energy Storage Market, Chile

6.1 Battery Energy Storage Market, Chile, Market Overview

6.2 Battery Energy Storage Market, Chile, Major Policies, and Initiatives

6.3 Battery Energy Storage Market, Chile, Market Size Analysis

– Battery Energy Storage Market, Chile, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, Chile, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, Chile, Market Share by Technology, 2022

6.4 Battery Energy Storage Market, Chile, Competitive Landscape

6.5 Battery Energy Storage Market, Chile, Major Upcoming Projects

7 Battery Energy Storage Market, Asia-Pacific

7.1 Battery Energy Storage Market, Asia-Pacific, Market Overview

7.2 Battery Energy Storage Market, Asia-Pacific, Market Size Analysis

– Battery Energy Storage Market, Asia-Pacific, Market Volume (GW), 2018, 2022, 2027

– Battery Energy Storage Market, Asia-Pacific, Market Value ($bn) by Technology, 2022

– Battery Energy Storage Market, Asia-Pacific, Market Share by Technology, 2022

7.3 Battery Energy Storage Market, Asia-Pacific, Competitive Landscape

8 Battery Energy Storage Market, China

8.1 Battery Energy Storage Market, China, Market Overview

8.2 Battery Energy Storage Market, China, Major Policies, and Initiatives

8.3 Battery Energy Storage Market, China, Market Size Analysis

– Battery Energy Storage Market, China, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, China, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, China, Market Share by Technology, 2022

8.4 Battery Energy Storage Market, China, Competitive Landscape

8.5 Battery Energy Storage Market, China, Major Upcoming Projects

9 Battery Energy Storage Market, India

9.1 Battery Energy Storage Market, India, Market Overview

9.2 Battery Energy Storage Market, India, Major Policies, and Initiatives

9.3 Battery Energy Storage Market, India, Market Size Analysis

– Battery Energy Storage Market, India, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, India, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, India, Market Share by Technology, 2022

9.4 Battery Energy Storage Market, India, Competitive Landscape

9.5 Battery Energy Storage Market, India, Major Upcoming Projects

10 Battery Energy Storage Market, Japan

10.1 Battery Energy Storage Market, Japan, Market Overview

10.2 Battery Energy Storage Market, Japan, Major Policies, and Initiatives

10.3 Battery Energy Storage Market, Japan, Market Size Analysis

– Battery Energy Storage Market, Japan, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, Japan, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, Japan, Market Share by Technology, 2022

10.4 Battery Energy Storage Market, Japan, Competitive Landscape

10.5 Battery Energy Storage Market, Japan, Major Upcoming Projects

11 Battery Energy Storage Market, Australia

11.1 Battery Energy Storage Market, Australia, Market Overview

11.2 Battery Energy Storage Market, Australia, Major Policies, and Initiatives

11.3 Battery Energy Storage Market, Australia, Market Size Analysis

– Battery Energy Storage Market, Australia, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, Australia, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, Australia, Market Share by Technology, 2022

11.4 Battery Energy Storage Market, Australia, Competitive Landscape

11.5 Battery Energy Storage Market, Australia, Major Upcoming Projects

12 Battery Energy Storage Market, Republic of Korea

12.1 Battery Energy Storage Market, Republic of Korea, Market Overview

12.2 Battery Energy Storage Market, Republic of Korea, Major Policies, and Initiatives

12.3 Battery Energy Storage Market, Republic of Korea, Market Size Analysis

– Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, Republic of Korea, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, Republic of Korea, Market Share by Technology, 2022

12.4 Battery Energy Storage Market, Republic of Korea, Competitive Landscape

13 Battery Energy Storage Market, EMEA

13.1 Battery Energy Storage Market, EMEA, Market Overview

13.2 Battery Energy Storage Market, EMEA, Market Size Analysis

– Battery Energy Storage Market, EMEA, Market Volume (GW), 2018, 2022, 2027

– Battery Energy Storage Market, EMEA, Market Value ($bn) by Technology, 2022

– Battery Energy Storage Market, EMEA, Market Share by Technology, 2022

13.3 Battery Energy Storage Market, EMEA, Competitive Landscape

14 Battery Energy Storage Market, Germany

14.1 Battery Energy Storage Market, Germany, Market Overview

14.2 Battery Energy Storage Market, Germany, Major Policies, and Initiatives

14.3 Battery Energy Storage Market, Germany, Market Size Analysis

– Battery Energy Storage Market, Germany, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, Germany, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, Germany, Market Share by Technology, 2022

14.4 Battery Energy Storage Market, Germany, Competitive Landscape

14.5 Battery Energy Storage Market, Germany, Major Upcoming Projects

15 Battery Energy Storage Market, UK

15.1 Battery Energy Storage Market, UK, Market Overview

15.2 Battery Energy Storage Market, UK, Major Policies, and Initiatives

15.3 Battery Energy Storage Market, UK, Market Size Analysis

– Battery Energy Storage Market, UK, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, UK, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, UK, Market Share by Technology, 2022

15.4 Battery Energy Storage Market, UK, Competitive Landscape

15.5 Battery Energy Storage Market, UK, Major Upcoming Projects

16 Battery Energy Storage Market, France

16.1 Battery Energy Storage Market, France, Market Overview

16.2 Battery Energy Storage Market, France, Major Policies, and Initiatives

16.3 Battery Energy Storage Market, France, Market Size Analysis

– Battery Energy Storage Market, France, Market Volume (MW), 2018, 2022, 2027

– Battery Energy Storage Market, France, Market Value ($m) by Technology, 2022

– Battery Energy Storage Market, France, Market Share by Technology, 2022

16.4 Battery Energy Storage Market, France, Competitive Landscape

16.5 Battery Energy Storage Market, France, Major Upcoming Projects

17 Battery Energy Storage Market, Global, Company Profiles

17.1 Tesla Inc

17.2 LG Chem Ltd

17.3 Samsung SDI Co Ltd

18 Appendix

18.1 Abbreviations

18.2 Bibliography

18.3 Research Methodology

– Primary Research

– Secondary Research

– Market Estimates and Assumptions

Contact Us

Table

Table 1: Battery Energy Storage Market, Battery Technology Overview

Table 2: Battery Energy Storage Market, Global, Market Drivers and Restraints Analysis

Table 3: Battery Energy Storage Market, Global, Market Volume (GW), 2018, 2022, 2027

Table 4: Battery Energy Storage Market, Global, Market Value ($bn), 2018, 2022, 2027

Table 5: Battery Energy Storage Market, Global, Regional Market Share (%), 2018, 2022, 2027

Table 6: Battery Energy Storage Market, Global, Technology Market Share (%), 2022

Table 7: Battery Energy Storage Market, Global, Competitive Landscape, 2022

Table 8: Battery Energy Storage Market, Americas, Market Volume (GW), 2018, 2022, 2027

Table 9: Battery Energy Storage Market, Americas, Market Value ($bn), 2018, 2022, 2027

Table 10: Battery Energy Storage Market, Americas, Technology Market Share (%), 2022

Table 11: Battery Energy Storage Market, Americas, Competitive Landscape, 2022

Table 12: Battery Energy Storage Market, US, Electric Storage Program Targets, 2021

Table 13: Battery Energy Storage Market, US, Market Volume (MW), 2018, 2022, 2027

Table 14: Battery Energy Storage Market, US, Market Value ($m), 2018, 2022, 2027

Table 15: Battery Energy Storage Market, US, Technology Market Share (%), 2022

Table 16: Battery Energy Storage Market, US, Competitive Landscape, 2022

Table 17: Battery Energy Storage Market, US, Upcoming Projects

Table 18: Battery Energy Storage Market, Chile, Market Volume (MW), 2018, 2022, 2027

Table 19: Battery Energy Storage Market, Chile, Market Value ($m), 2018, 2022, 2027

Table 20: Battery Energy Storage Market, Chile, Technology Market Share (%), 2022

Table 21: Battery Energy Storage Market, Chile, Competitive Landscape, 2022

Table 22: Battery Energy Storage Market, Chile, Upcoming Projects

Table 23: Battery Energy Storage Market, Asia-Pacific, Market Volume (GW), 2018, 2022, 2027

Table 24: Battery Energy Storage Market, Asia-Pacific, Market Value ($bn), 2018, 2022, 2027

Table 25: Battery Energy Storage Market, Asia-Pacific, Technology Market Share (%), 2022

Table 26: Battery Energy Storage Market, Asia-Pacific, Competitive Landscape, 2022

Table 27: Battery Energy Storage Market, China, Market Volume (MW), 2018, 2022, 2027

Table 28: Battery Energy Storage Market, China, Market Value ($m), 2018, 2022, 2027

Table 29: Battery Energy Storage Market, China, Technology Market Share (%), 2022

Table 30: Battery Energy Storage Market, China, Competitive Landscape, 2022

Table 31: Battery Energy Storage Market, China, Upcoming Projects

Table 32: Battery Energy Storage Market, India, Market Volume (MW), 2018, 2022, 2027

Table 33: Battery Energy Storage Market, India, Market Value ($m), 2018, 2022, 2027

Table 34: Battery Energy Storage Market, India, Technology Market Share (%), 2022

Table 35: Battery Energy Storage Market, India, Competitive Landscape, 2022

Table 36: Battery Energy Storage Market, India, Upcoming Projects

Table 37: Battery Energy Storage Market, Japan, Market Volume (MW), 2018, 2022, 2027

Table 38: Battery Energy Storage Market, Japan, Market Value ($m), 2018, 2022, 2027

Table 39: Battery Energy Storage Market, Japan, Technology Market Share (%), 2022

Table 40: Battery Energy Storage Market, Japan, Competitive Landscape, 2022

Table 41: Battery Energy Storage Market, Japan, Upcoming Projects

Table 42: Battery Energy Storage Market, Australia, Market Volume (MW), 2018, 2022, 2027

Table 43: Battery Energy Storage Market, Australia, Market Value ($m), 2018, 2022, 2027

Table 44: Battery Energy Storage Market, Australia, Technology Market Share (%), 2022

Table 45: Battery Energy Storage Market, Australia, Competitive Landscape, 2022

Table 46: Battery Energy Storage Market, Australia, Upcoming Projects

Table 47: Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2018, 2022, 2027

Table 48: Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2018, 2022, 2027

Table 49: Battery Energy Storage Market, Republic of Korea, Technology Market Share (%), 2022

Table 50: Battery Energy Storage Market, Republic of Korea, Competitive Landscape, 2022

Table 51: Battery Energy Storage Market, EMEA, Market Volume (GW), 2018, 2022, 2027

Table 52: Battery Energy Storage Market, EMEA, Market Value ($bn), 2018, 2022, 2027

Table 53: Battery Energy Storage Market, EMEA, Technology Market Share (%), 2022

Table 54: Battery Energy Storage Market, EMEA, Competitive Landscape, 2022

Table 55: Battery Energy Storage Market, Germany, Market Volume (MW), 2018, 2022, 2027

Table 56: Battery Energy Storage Market, Germany, Market Value ($m), 2018, 2022, 2027

Table 57: Battery Energy Storage Market, Germany, Technology Market Share (%), 2022

Table 58: Battery Energy Storage Market, Germany, Competitive Landscape, 2022

Table 59: Battery Energy Storage Market, Germany, Upcoming Projects

Table 60: Battery Energy Storage Market, UK, Market Volume (MW), 2018, 2022, 2027

Table 61: Battery Energy Storage Market, UK, Market Value ($m), 2018, 2022, 2027

Table 62: Battery Energy Storage Market, UK, Technology Market Share (%), 2022

Table 63: Battery Energy Storage Market, UK, Competitive Landscape, 2022

Table 64: Battery Energy Storage Market, UK, Upcoming Projects

Table 65: Battery Energy Storage Market, France, Market Volume (MW), 2018, 2022, 2027

Table 66: Battery Energy Storage Market, France, Market Value ($m), 2018, 2022, 2027

Table 67: Battery Energy Storage Market, France, Technology Market Share (%), 2022

Table 68: Battery Energy Storage Market, France, Competitive Landscape, 2022

Table 69: Battery Energy Storage Market, France, Upcoming Projects

Table 70: Battery Energy Storage Market, Tesla Inc

Table 71: Battery Energy Storage Market, LG Chem Ltd

Table 72: Battery Energy Storage Market, Samsung SDI Co Ltd

Table 73: Abbreviations

Figures

Figure 1: Battery Energy Storage Market, Global, Major Countries Snapshot, Market Value ($bn), 2027

Figure 2: Battery Energy Storage Market, Global, Major Countries Snapshot, Market Volume (GW), 2027

Figure 3: Battery Energy Storage Market, Classification of Energy Storage Technologies

Figure 4: Battery Energy Storage Market, Battery Energy Storage System Layout

Figure 5: Battery Energy Storage Market, Application of Battery Energy Storage System

Figure 6: Battery Energy Storage Market, Cost Breakdown, 2022

Figure 7: Battery Energy Storage Market, Global, Market Volume (GW), 2018, 2022, 2027

Figure 8: Battery Energy Storage Market, Global, Market Value ($bn), 2018, 2022, 2027

Figure 9: Battery Energy Storage Market, Global, Regional Market Share (%), 2018, 2022, 2027

Figure 10: Battery Energy Storage Market, Global, Technology Market Share (%), 2022

Figure 11: Battery Energy Storage Market, Global, Competitive Landscape, 2022

Figure 12: Battery Energy Storage Market, Americas, Market Volume (GW), 2018, 2022, 2027

Figure 13: Battery Energy Storage Market, Americas, Market Value ($bn), 2018, 2022, 2027

Figure 14: Battery Energy Storage Market, Americas, Technology Market Share (%), 2022

Figure 15: Battery Energy Storage Market, Americas, Competitive Landscape, 2022

Figure 16: Battery Energy Storage Market, US, Market Volume (MW), 2018, 2022, 2027

Figure 17: Battery Energy Storage Market, US, Market Value ($m), 2018, 2022, 2027

Figure 18: Battery Energy Storage Market, US, Technology Market Share (%), 2022

Figure 19: Battery Energy Storage Market, US, Competitive Landscape, 2022

Figure 20: Battery Energy Storage Market, Chile, Market Volume (MW), 2018, 2022, 2027

Figure 21: Battery Energy Storage Market, Chile, Market Value ($m), 2018, 2022, 2027

Figure 22: Battery Energy Storage Market, Chile, Technology Market Share (%), 2022

Figure 23: Battery Energy Storage Market, Chile, Competitive Landscape, 2022

Figure 24: Battery Energy Storage Market, Asia-Pacific, Market Volume (GW), 2018, 2022, 2027

Figure 25: Battery Energy Storage Market, Asia-Pacific, Market Value ($bn), 2018, 2022, 2027

Figure 26: Battery Energy Storage Market, Asia-Pacific, Technology Market Share (%), 2022

Figure 27: Battery Energy Storage Market, Asia-Pacific, Competitive Landscape, 2022

Figure 28: Battery Energy Storage Market, China, Market Volume (MW), 2018, 2022, 2027

Figure 29: Battery Energy Storage Market, China, Market Value ($m), 2018, 2022, 2027

Figure 30: Battery Energy Storage Market, China, Technology Market Share (%), 2022

Figure 31: Battery Energy Storage Market, China, Competitive Landscape, 2022

Figure 32: Battery Energy Storage Market, India, Market Volume (MW), 2018, 2022, 2027

Figure 33: Battery Energy Storage Market, India, Market Value ($m), 2018, 2022, 2027

Figure 34: Battery Energy Storage Market, India, Technology Market Share (%), 2022

Figure 35: Battery Energy Storage Market, India, Competitive Landscape, 2022

Figure 36: Battery Energy Storage Market, Japan, Market Volume (MW), 2018, 2022, 2027

Figure 37: Battery Energy Storage Market, Japan, Market Value ($m), 2018, 2022, 2027

Figure 38: Battery Energy Storage Market, Japan, Technology Market Share (%), 2022

Figure 39: Battery Energy Storage Market, Japan, Competitive Landscape, 2022

Figure 40: Battery Energy Storage Market, Australia, Market Volume (MW), 2018, 2022, 2027

Figure 41: Battery Energy Storage Market, Australia, Market Value ($m), 2018, 2022, 2027

Figure 42: Battery Energy Storage Market, Australia, Technology Market Share (%), 2022

Figure 43: Battery Energy Storage Market, Australia, Competitive Landscape, 2022

Figure 44: Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2018, 2022, 2027

Figure 45: Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2018, 2022, 2027

Figure 46: Battery Energy Storage Market, Republic of Korea, Technology Market Share (%), 2022

Figure 47: Battery Energy Storage Market, Republic of Korea, Competitive Landscape, 2022

Figure 48: Battery Energy Storage Market, EMEA, Market Volume (GW), 2018, 2022, 2027

Figure 49: Battery Energy Storage Market, EMEA, Market Value ($bn), 2018, 2022, 2027

Figure 50: Battery Energy Storage Market, EMEA, Technology Market Share (%), 2022

Figure 51: Battery Energy Storage Market, EMEA, Competitive Landscape, 2022

Figure 52: Battery Energy Storage Market, Germany, Market Volume (MW), 2018, 2022, 2027

Figure 53: Battery Energy Storage Market, Germany, Market Value ($m), 2018, 2022, 2027

Figure 54: Battery Energy Storage Market, Germany, Technology Market Share (%), 2022

Figure 55: Battery Energy Storage Market, Germany, Competitive Landscape, 2022

Figure 56: Battery Energy Storage Market, UK, Market Volume (MW), 2018, 2022, 2027

Figure 57: Battery Energy Storage Market, UK, Market Value ($m), 2018, 2022, 2027

Figure 58: Battery Energy Storage Market, UK, Technology Market Share (%), 2022

Figure 59: Battery Energy Storage Market, UK, Competitive Landscape, 2022

Figure 60: Battery Energy Storage Market, France, Market Volume (MW), 2018, 2022, 2027

Figure 61: Battery Energy Storage Market, France, Market Value ($m), 2018, 2022, 2027

Figure 62: Battery Energy Storage Market, France, Technology Market Share (%), 2022

Figure 63: Battery Energy Storage Market, France, Competitive Landscape, 2022

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Battery Energy Storage Market Size, Share and Trends Analysis by Region, Technology, Installed Capacity, Key Players and Forecast to 2027 was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

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“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
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