The global market for Utility-Scale Battery Storage was estimated to be worth US$ 4489 million in 2023 and is forecast to a readjusted size of US$ 14370 million by 2030 with a CAGR of 18.6% during the forecast period 2024-2030
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 103%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Utility-Scale Battery Storage, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Utility-Scale Battery Storage by region & country, by Type, and by Application.
The Utility-Scale Battery Storage market size, estimations, and forecasts are provided in terms of sales volume (KWh) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Utility-Scale Battery Storage.
麻豆原创 Segmentation
By Company
Panasonic Corporation
LG Chemicals
Samsung
BYD
ABB
Tesla
STEAG
NGK Insulators
GS Yuasa International Ltd
AES Energy Storage
S&C Electric
Seeo
Segment by Type:
Li-ion Battery
Sodium-Sulphur Battery
Flow Battery
Lead Acid Battery
Others
Segment by Application
Industrial
Commercial
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Utility-Scale Battery Storage manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Utility-Scale Battery Storage in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Utility-Scale Battery Storage in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 麻豆原创 Overview
1.1 Utility-Scale Battery Storage Product Introduction
1.2 Global Utility-Scale Battery Storage 麻豆原创 Size Forecast
1.2.1 Global Utility-Scale Battery Storage Sales Value (2019-2030)
1.2.2 Global Utility-Scale Battery Storage Sales Volume (2019-2030)
1.2.3 Global Utility-Scale Battery Storage Sales Price (2019-2030)
1.3 Utility-Scale Battery Storage 麻豆原创 Trends & Drivers
1.3.1 Utility-Scale Battery Storage Industry Trends
1.3.2 Utility-Scale Battery Storage 麻豆原创 Drivers & Opportunity
1.3.3 Utility-Scale Battery Storage 麻豆原创 Challenges
1.3.4 Utility-Scale Battery Storage 麻豆原创 Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Utility-Scale Battery Storage Players Revenue Ranking (2023)
2.2 Global Utility-Scale Battery Storage Revenue by Company (2019-2024)
2.3 Global Utility-Scale Battery Storage Players Sales Volume Ranking (2023)
2.4 Global Utility-Scale Battery Storage Sales Volume by Company Players (2019-2024)
2.5 Global Utility-Scale Battery Storage Average Price by Company (2019-2024)
2.6 Key Manufacturers Utility-Scale Battery Storage Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Utility-Scale Battery Storage Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Utility-Scale Battery Storage
2.9 Utility-Scale Battery Storage 麻豆原创 Competitive Analysis
2.9.1 Utility-Scale Battery Storage 麻豆原创 Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Utility-Scale Battery Storage Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Utility-Scale Battery Storage as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Li-ion Battery
3.1.2 Sodium-Sulphur Battery
3.1.3 Flow Battery
3.1.4 Lead Acid Battery
3.1.5 Others
3.2 Global Utility-Scale Battery Storage Sales Value by Type
3.2.1 Global Utility-Scale Battery Storage Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Utility-Scale Battery Storage Sales Value, by Type (2019-2030)
3.2.3 Global Utility-Scale Battery Storage Sales Value, by Type (%) (2019-2030)
3.3 Global Utility-Scale Battery Storage Sales Volume by Type
3.3.1 Global Utility-Scale Battery Storage Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Utility-Scale Battery Storage Sales Volume, by Type (2019-2030)
3.3.3 Global Utility-Scale Battery Storage Sales Volume, by Type (%) (2019-2030)
3.4 Global Utility-Scale Battery Storage Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial
4.1.2 Commercial
4.1.3 Others
4.2 Global Utility-Scale Battery Storage Sales Value by Application
4.2.1 Global Utility-Scale Battery Storage Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Utility-Scale Battery Storage Sales Value, by Application (2019-2030)
4.2.3 Global Utility-Scale Battery Storage Sales Value, by Application (%) (2019-2030)
4.3 Global Utility-Scale Battery Storage Sales Volume by Application
4.3.1 Global Utility-Scale Battery Storage Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Utility-Scale Battery Storage Sales Volume, by Application (2019-2030)
4.3.3 Global Utility-Scale Battery Storage Sales Volume, by Application (%) (2019-2030)
4.4 Global Utility-Scale Battery Storage Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Utility-Scale Battery Storage Sales Value by Region
5.1.1 Global Utility-Scale Battery Storage Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Utility-Scale Battery Storage Sales Value by Region (2019-2024)
5.1.3 Global Utility-Scale Battery Storage Sales Value by Region (2025-2030)
5.1.4 Global Utility-Scale Battery Storage Sales Value by Region (%), (2019-2030)
5.2 Global Utility-Scale Battery Storage Sales Volume by Region
5.2.1 Global Utility-Scale Battery Storage Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Utility-Scale Battery Storage Sales Volume by Region (2019-2024)
5.2.3 Global Utility-Scale Battery Storage Sales Volume by Region (2025-2030)
5.2.4 Global Utility-Scale Battery Storage Sales Volume by Region (%), (2019-2030)
5.3 Global Utility-Scale Battery Storage Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Utility-Scale Battery Storage Sales Value, 2019-2030
5.4.2 North America Utility-Scale Battery Storage Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Utility-Scale Battery Storage Sales Value, 2019-2030
5.5.2 Europe Utility-Scale Battery Storage Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Utility-Scale Battery Storage Sales Value, 2019-2030
5.6.2 Asia Pacific Utility-Scale Battery Storage Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Utility-Scale Battery Storage Sales Value, 2019-2030
5.7.2 South America Utility-Scale Battery Storage Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Utility-Scale Battery Storage Sales Value, 2019-2030
5.8.2 Middle East & Africa Utility-Scale Battery Storage Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Utility-Scale Battery Storage Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Utility-Scale Battery Storage Sales Value
6.2.1 Key Countries/Regions Utility-Scale Battery Storage Sales Value, 2019-2030
6.2.2 Key Countries/Regions Utility-Scale Battery Storage Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Utility-Scale Battery Storage Sales Value, 2019-2030
6.3.2 United States Utility-Scale Battery Storage Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Utility-Scale Battery Storage Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Utility-Scale Battery Storage Sales Value, 2019-2030
6.4.2 Europe Utility-Scale Battery Storage Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Utility-Scale Battery Storage Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Utility-Scale Battery Storage Sales Value, 2019-2030
6.5.2 China Utility-Scale Battery Storage Sales Value by Type (%), 2023 VS 2030
6.5.3 China Utility-Scale Battery Storage Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Utility-Scale Battery Storage Sales Value, 2019-2030
6.6.2 Japan Utility-Scale Battery Storage Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Utility-Scale Battery Storage Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Utility-Scale Battery Storage Sales Value, 2019-2030
6.7.2 South Korea Utility-Scale Battery Storage Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Utility-Scale Battery Storage Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Utility-Scale Battery Storage Sales Value, 2019-2030
6.8.2 Southeast Asia Utility-Scale Battery Storage Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Utility-Scale Battery Storage Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Utility-Scale Battery Storage Sales Value, 2019-2030
6.9.2 India Utility-Scale Battery Storage Sales Value by Type (%), 2023 VS 2030
6.9.3 India Utility-Scale Battery Storage Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Panasonic Corporation
7.1.1 Panasonic Corporation Company Information
7.1.2 Panasonic Corporation Introduction and Business Overview
7.1.3 Panasonic Corporation Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Panasonic Corporation Utility-Scale Battery Storage Product Offerings
7.1.5 Panasonic Corporation Recent Development
7.2 LG Chemicals
7.2.1 LG Chemicals Company Information
7.2.2 LG Chemicals Introduction and Business Overview
7.2.3 LG Chemicals Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.2.4 LG Chemicals Utility-Scale Battery Storage Product Offerings
7.2.5 LG Chemicals Recent Development
7.3 Samsung
7.3.1 Samsung Company Information
7.3.2 Samsung Introduction and Business Overview
7.3.3 Samsung Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Samsung Utility-Scale Battery Storage Product Offerings
7.3.5 Samsung Recent Development
7.4 BYD
7.4.1 BYD Company Information
7.4.2 BYD Introduction and Business Overview
7.4.3 BYD Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.4.4 BYD Utility-Scale Battery Storage Product Offerings
7.4.5 BYD Recent Development
7.5 ABB
7.5.1 ABB Company Information
7.5.2 ABB Introduction and Business Overview
7.5.3 ABB Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.5.4 ABB Utility-Scale Battery Storage Product Offerings
7.5.5 ABB Recent Development
7.6 Tesla
7.6.1 Tesla Company Information
7.6.2 Tesla Introduction and Business Overview
7.6.3 Tesla Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Tesla Utility-Scale Battery Storage Product Offerings
7.6.5 Tesla Recent Development
7.7 STEAG
7.7.1 STEAG Company Information
7.7.2 STEAG Introduction and Business Overview
7.7.3 STEAG Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.7.4 STEAG Utility-Scale Battery Storage Product Offerings
7.7.5 STEAG Recent Development
7.8 NGK Insulators
7.8.1 NGK Insulators Company Information
7.8.2 NGK Insulators Introduction and Business Overview
7.8.3 NGK Insulators Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.8.4 NGK Insulators Utility-Scale Battery Storage Product Offerings
7.8.5 NGK Insulators Recent Development
7.9 GS Yuasa International Ltd
7.9.1 GS Yuasa International Ltd Company Information
7.9.2 GS Yuasa International Ltd Introduction and Business Overview
7.9.3 GS Yuasa International Ltd Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.9.4 GS Yuasa International Ltd Utility-Scale Battery Storage Product Offerings
7.9.5 GS Yuasa International Ltd Recent Development
7.10 AES Energy Storage
7.10.1 AES Energy Storage Company Information
7.10.2 AES Energy Storage Introduction and Business Overview
7.10.3 AES Energy Storage Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.10.4 AES Energy Storage Utility-Scale Battery Storage Product Offerings
7.10.5 AES Energy Storage Recent Development
7.11 S&C Electric
7.11.1 S&C Electric Company Information
7.11.2 S&C Electric Introduction and Business Overview
7.11.3 S&C Electric Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.11.4 S&C Electric Utility-Scale Battery Storage Product Offerings
7.11.5 S&C Electric Recent Development
7.12 Seeo
7.12.1 Seeo Company Information
7.12.2 Seeo Introduction and Business Overview
7.12.3 Seeo Utility-Scale Battery Storage Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Seeo Utility-Scale Battery Storage Product Offerings
7.12.5 Seeo Recent Development
8 Industry Chain Analysis
8.1 Utility-Scale Battery Storage Industrial Chain
8.2 Utility-Scale Battery Storage Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Utility-Scale Battery Storage Sales Model
8.5.2 Sales Channel
8.5.3 Utility-Scale Battery Storage Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Panasonic Corporation
LG Chemicals
Samsung
BYD
ABB
Tesla
STEAG
NGK Insulators
GS Yuasa International Ltd
AES Energy Storage
S&C Electric
Seeo
听
听
*If Applicable.