Global Grid-Scale Battery Market to Accelerate at a CAGR of Over 22% During 2020-2024 | Technavio

Technavio has announced its latest market research report titled Global Grid-scale Battery Market 2020-2024 (Graphic: Business Wire)

LONDON--()--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.

Related Reports on Utilities Include:

Global Battery Recycling Market- The battery recycling market is segmented by battery chemistry (lead-acid, lithium, and others), battery source (automotive, electronic appliance, and others), and geography (APAC, Europe, North America, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Global Floor Scrubber Battery Market- The floor scrubber battery market is segmented by type (Lead-acid batteries and Li-ion batteries) and geography (North America, Europe, APAC, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

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

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Grid-scale Battery Market will grow by $ 2.86 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/