Global Advanced Energy Storage Market to Reach 20.1 Thousand Megawatts by 2030
The global market for Advanced Energy Storage estimated at 11.7 Thousand Megawatts in the year 2022, is projected to reach a revised size of 20.1 Thousand Megawatts by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Thermal Energy Storage, one of the segments analyzed in the report, is projected to record 8.1% CAGR and reach 10.2 Thousand Megawatts by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Electrochemical Energy Storage segment is readjusted to a revised 6.3% CAGR for the next 8-year period.The U.S. Market is Estimated at 3.5 Thousand Megawatts, While China is Forecast to Grow at 6.3% CAGR
The Advanced Energy Storage market in the U.S. is estimated at 3.5 Thousand Megawatts in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 3.4 Thousand Megawatts by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.6% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.Select Competitors (Total 94 Featured) -
- ABB Ltd.
- Active Power, Inc.
- AES Energy Storage, LLC
- Alevo Group S.A.
- Altair Nanotechnologies, Inc.
- Amber Kinetics, Inc.
- Areva
- Ashlawn Energy, LLC
- Axion Power International, Inc.
- Beacon Power, LLC
- BYD Co. Ltd.
- Calnetix Technologies, LLC
- Dresser-Rand Group, Inc.
- ECOULT
- Electrochaea GmbH
- Encell Technology, Inc.
- EnSync Energy Systems, Inc.
- Exide Technologies
- General Electric Company
- Gridflex Energy, LLC
- Highview Enterprises Ltd.
- Hitachi, Ltd.
- Hyper Tech Research, Inc.
- IMS group AS
- ITM Power Plc
- Kokam Co., Ltd
- Leclanché SA
- LG Chem
- LightSail Energy
- Maxwell Technologies, Inc.
- McPhy Energy S.A.
- NEC Energy Solutions
- NGK Insulators, Ltd.
- Proton OnSite
- Redflow Limited
- Saft Groupe S.A.
- Samsung SDI Co., Ltd.
- Siemens AG
- Temporal Power
- Tesla, Inc.
- Tianjin Lishen Battery Co., Ltd.
- Toshiba International Corporation
- ViZn Energy Systems, Inc.
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARYIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Active Power, Inc.
- AES Energy Storage, LLC
- Alevo Group S.A.
- Altair Nanotechnologies, Inc.
- Amber Kinetics, Inc.
- Areva
- Ashlawn Energy, LLC
- Axion Power International, Inc.
- Beacon Power, LLC
- BYD Co. Ltd.
- Calnetix Technologies, LLC
- Dresser-Rand Group, Inc.
- ECOULT
- Electrochaea GmbH
- Encell Technology, Inc.
- EnSync Energy Systems, Inc.
- Exide Technologies
- General Electric Company
- Gridflex Energy, LLC
- Highview Enterprises Ltd.
- Hitachi, Ltd.
- Hyper Tech Research, Inc.
- IMS group AS
- ITM Power Plc
- Kokam Co., Ltd
- Leclanché SA
- LG Chem
- LightSail Energy
- Maxwell Technologies, Inc.
- McPhy Energy S.A.
- NEC Energy Solutions
- NGK Insulators, Ltd.
- Proton OnSite
- Redflow Limited
- Saft Groupe S.A.
- Samsung SDI Co., Ltd.
- Siemens AG
- Temporal Power
- Tesla, Inc.
- Tianjin Lishen Battery Co., Ltd.
- Toshiba International Corporation
- ViZn Energy Systems, Inc.