LONDON--(BUSINESS WIRE)--The grid-scale battery market is poised to grow by USD 2.86 billion during 2020-2024, progressing at a CAGR of over 22% during the forecast period.
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The report on the grid-scale battery market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by growing ESS demand from utilities.
The grid-scale battery market analysis includes type and geography. This study identifies the increasing installation of microgrids as one of the prime reasons driving the grid-scale battery market growth during the next few years.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The grid-scale battery market covers the following areas:
Grid-scale Battery Market Sizing
Grid-scale Battery Market Forecast
Grid-scale Battery Market Analysis
Companies Mentioned
- ABB Ltd.
- BYD Co. Ltd.
- Contemporary Amperex Technology Co. Ltd.
- General Electric Co.
- Kokam Co. Ltd.
- LG Chem Ltd.
- NGK Insulators Ltd.
- Samsung SDI Co. Ltd.
- Sumitomo Electric Industries Ltd.
- Tesla Inc.
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Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Americas - Market size and forecast 2019-2024
- EMEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 08: MARKET SEGMENTATION BY BATTERY TYPE
- Market segmentation by battery type
- Comparison by battery type
- Lithium-based - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by battery type
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Declining costs of battery storage systems
- Declining cost of renewable power generation
- Increasing installation of microgrids
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- ABB Ltd.
- BYD Co. Ltd.
- Contemporary Amperex Technology Co. Ltd.
- General Electric Co.
- Kokam Co. Ltd.
- LG Chem Ltd.
- NGK Insulators Ltd.
- Samsung SDI Co. Ltd.
- Sumitomo Electric Industries Ltd.
- Tesla Inc.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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