Global Advanced Energy Storage Systems Market Analysis & Trends - Industry Forecast to 2025

  • ID: 4039775
  • Report
  • Region: Global
  • 159 pages
  • Accuray Research LLP
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FEATURED COMPANIES

  • A123 Systems LLC
  • Alevo
  • Calmac Manufacturing Corp
  • Exide Technologies
  • LG Chem. Ltd
  • Saft
  • MORE

The Global Advanced Energy Storage Systems Market is poised to grow at a CAGR of around 16.6% over the next decade to reach approximately $11.4 billion by 2025. Some of the prominent trends that the market is witnessing include growth in adoption of renewable energy; the current trend in the automotive sector is electric mobility, which creates the demand for the energy storage systems and growth in adoption of energy storage systems in transportation.

Based on Technology the market is categorized into thermal technology, mechanical systems, electrochemical systems, electrical systems, chemical systems, biological systems and other technologies. Depending on Application the market is categorized into transportation, grid storage, fuel production, fuel delivery, electricity generation, electricity delivery and management, automotive and other applications. Depending on the end users the market is segmented by utility, residential & non-residential, industrial, electric vehicles, buildings and other end users.

This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • New Zealand
    • Rest of Asia
  • Middle East
    • Saudi Arabia
    • UAE
    • Rest of Middle East
  • Latin America
    • Argentina
    • Brazil
    • Rest of Latin America
  • Rest of the World
    • Africa
    • Caribbean

Report Highlights:

  • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
  • Market forecasts till 2025, using estimated market values as the base numbers
  • Key market trends across the business segments, Regions and Countries
  • Key developments and strategies observed in the market
  • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
  • In-depth company profiles of key players and upcoming prominent players
  • Growth prospects among the emerging nations through 2025
  • Market opportunities and recommendations for new investments
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Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • A123 Systems LLC
  • Alevo
  • Calmac Manufacturing Corp
  • Exide Technologies
  • LG Chem. Ltd
  • Saft
  • MORE

1 Market Outline         
1.1 Research Methodology        
1.1.1 Research Approach       
1.2 Market Trends        
1.3 Regulatory Factors        
1.4 Technology Analysis        
1.5 Application Analysis        
1.6 End User Analysis        
1.7 Strategic Benchmarking        
1.8 Opportunity Analysis        

2 Executive Summary          

3 Market Overview                 
3.1 Current Trends               
3.1.1  Growth in adoption of renewable energy       
3.1.2 The current trend in the automotive sector is electric mobility, which creates the demand for the energy storage systems       
3.1.3 Growth in adoption of energy storage systems in transportation       
3.2 Drivers                
3.3 Constraints               
3.4 Industry Attractiveness              
3.4.1  Bargaining power of suppliers            
3.4.2 Bargaining power of buyers            
3.4.3 Threat of substitutes            
3.4.4 Threat of new entrants            
3.4.5 Competitive rivalry             

4 Advanced Energy Storage Systems Market, By Technology              
4.1 Thermal technology       
4.1.1 Thermal technology Market Forecast to 2025 (US$ MN)      
4.1.1.1 Thermal energy storage     
4.1.1.1.1 Thermal energy storage Market Forecast to 2025 (US$ MN)    
4.1.1.2 Steam accumulator     
4.1.1.2.1 Steam accumulator Market Forecast to 2025 (US$ MN)    
4.1.1.3 Solar pond     
4.1.1.3.1 Solar pond Market Forecast to 2025 (US$ MN)    
4.1.1.4 Seasonal thermal energy storage     
4.1.1.4.1 Seasonal thermal energy storage Market Forecast to 2025 (US$ MN)    
4.1.1.5 Molten salt     
4.1.1.5.1 Molten salt Market Forecast to 2025 (US$ MN)    
4.1.1.6 Ice storage     
4.1.1.6.1 Ice storage Market Forecast to 2025 (US$ MN)    
4.1.1.7 Pumped Heat Electrical Storage (PHES)     
4.1.1.7.1 Pumped Heat Electrical Storage (PHES) Market Forecast to 2025 (US$ MN)    
4.1.1.8 Eutectic system     
4.1.1.8.1 Eutectic system Market Forecast to 2025 (US$ MN)    
4.1.1.9 Concentrated Solar Power (CSP)     
4.1.1.9.1 Concentrated Solar Power (CSP) Market Forecast to 2025 (US$ MN)    
4.2 Mechanical systems       
4.2.1 Mechanical systems      
4.2.1.1 Locomotive     
4.2.1.1.1 Locomotive Market Forecast to 2025 (US$ MN)    
4.2.1.2 Hydroelectric energy storage     
4.2.1.2.1 Hydroelectric energy storage Market Forecast to 2025 (US$ MN)    
4.2.1.3 Hydraulic accumulator     
4.2.1.3.1 Hydraulic accumulator Market Forecast to 2025 (US$ MN)    
4.2.1.4 Flywheel     
4.2.1.4.1 Flywheel Market Forecast to 2025 (US$ MN)    
4.2.1.5 Fireless     
4.2.1.5.1 Fireless Market Forecast to 2025 (US$ MN)    
4.2.1.6 Liquid Air Energy Storage (LAES)     
4.2.1.6.1 Liquid Air Energy Storage (LAES) Market Forecast to 2025 (US$ MN)    
4.2.1.7 Compressed Air Energy Storage (CAES)     
4.2.1.7.1 Compressed Air Energy Storage (CAES) Market Forecast to 2025 (US$ MN)    
4.3 Electrochemical systems       
4.3.1 Electrochemical systems Market Forecast to 2025 (US$ MN)      
4.3.1.1 Rechargeable batteries     
4.3.1.1.1 Rechargeable batteries Market Forecast to 2025 (US$ MN)    
4.3.1.1.1.1 Sodium Sulphur (NaS) Battery   
4.3.1.1.1.1.1 Sodium Sulphur (NaS) Battery Market Forecast to 2025 (US$ MN)  
4.3.1.1.1.2 Nickel Cadmium    
4.3.1.1.1.2.1 Nickel Cadmium Market Forecast to 2025 (US$ MN)   
4.3.1.1.1.3 Lithium ion Battery   
4.3.1.1.1.3.1 Lithium ion Battery Market Forecast to 2025 (US$ MN)  
4.3.1.1.1.4 Lead Acid battery   
4.3.1.1.1.4.1 Lead Acid battery Market Forecast to 2025 (US$ MN)  
4.3.1.2 Flow batteries     
4.3.1.2.1 Flow batteries Market Forecast to 2025 (US$ MN)    
4.3.1.2.1.1 Zincâ Bromine battery (ZNBR)   
4.3.1.2.1.1.1 Zincâ Bromine battery (ZNBR) Market Forecast to 2025 (US$ MN)  
4.3.1.2.1.2 Vanadium redox battery (VRB)   
4.3.1.2.1.2.1 Vanadium redox battery (VRB) Market Forecast to 2025 (US$ MN)  
4.3.1.2.1.3 Redox-Flow   
4.3.1.2.1.3.1 Redox-Flow Market Forecast to 2025 (US$ MN)  
4.3.1.2.1.4 Iron- Chromium (ICB) 
4.3.1.2.1.4.1 Iron- Chromium (ICB) Market Forecast to 2025 (US$ MN)   
4.4 Electrical systems   
4.4.1 Electrical systems Market Forecast to 2025 (US$ MN)      
4.4.1.1 Supercapacitors     
4.4.1.1.1 Supercapacitors Market Forecast to 2025 (US$ MN)    
4.4.1.2 Superconducting Magnets (SMES)     
4.4.1.2.1 Superconducting Magnets (SMES) Market Forecast to 2025 (US$ MN)    
4.5 Chemical systems       
4.5.1 Chemical systems Market Forecast to 2025 (US$ MN)      
4.5.1.1 Solar Power to gas     
4.5.1.1.1 Solar Power to gas Market Forecast to 2025 (US$ MN)    
4.5.1.2 Liquid nitrogen     
4.5.1.2.1 Liquid nitrogen Market Forecast to 2025 (US$ MN)    
4.5.1.3 Hydrogen     
4.5.1.3.1 Hydrogen Market Forecast to 2025 (US$ MN)    
4.5.1.4 Biofuels     
4.5.1.4.1 Biofuels Market Forecast to 2025 (US$ MN)    
4.5.1.5 Hydrated salts     
4.5.1.5.1 Hydrated salts Market Forecast to 2025 (US$ MN)    
4.6 Biological systems       
4.6.1 Biological systems Market Forecast to 2025 (US$ MN)      
4.6.1.1 Starch      
4.6.1.1.1 Starch Market Forecast to 2025 (US$ MN)    
4.6.1.2 Glycogen     
4.6.1.2.1 Glycogen Market Forecast to 2025 (US$ MN)    
4.7 Other Technologies       
4.7.1 Other Technologies Market Forecast to 2025 (US$ MN)      
4.7.1.1 Synthetic Gas     
4.7.1.1 Synthetic Gas Market Forecast to 2025 (US$ MN)    
4.7.1.2 Fuel cells     
4.7.1.2 Fuel cells Market Forecast to 2025 (US$ MN)    
4.7.1.3 Pumped Hydro Storage     
4.7.1.3 Pumped Hydro Storage Market Forecast to 2025 (US$ MN)    
4.7.1.4 Super magnets     
4.7.1.4 Super magnets Market Forecast to 2025 (US$ MN)    
4.7.1.5 Advanced battery energy storage     
4.7.1.5 Advanced battery energy storage Market Forecast to 2025 (US$ MN)     

5 Advanced Energy Storage Systems Market, By Application              
5.1 Transportation        
5.1.1 Transportation Market Forecast to 2025 (US$ MN)       
5.2 Grid Storage        
5.2.1 Grid Storage Market Forecast to 2025 (US$ MN)       
5.3 Fuel production        
5.3.1 Fuel production Market Forecast to 2025 (US$ MN)       
5.4 Fuel delivery        
5.4.1 Fuel delivery Market Forecast to 2025 (US$ MN)       
5.5 Electricity generation        
5.5.1 Electricity generation Market Forecast to 2025 (US$ MN)       
5.6 Electricity delivery and Management        
5.6.1 Electricity delivery and Management Market Forecast to 2025 (US$ MN)       
5.7 Automotive        
5.7.1 Automotive Market Forecast to 2025 (US$ MN)       
5.8 Other Applications        
Other Applications Market Forecast to 2025 (US$ MN)       

6 Advanced Energy Storage Systems Market, By End User              
6.1 Utility        
6.1.1 Utility Market Forecast to 2025 (US$ MN)       
6.2 Residential & Non-Residential        
6.2.1 Residential & Non-Residential Market Forecast to 2025 (US$ MN)       
6.3 Industrial        
6.3.1 Industrial Market Forecast to 2025 (US$ MN)       
6.4 Electric Vehicles        
6.4.1 Electric Vehicles Market Forecast to 2025 (US$ MN)       
6.5 Buildings        
6.5.1 Buildings Market Forecast to 2025 (US$ MN)       
6.6 Other End Users        
6.6.1 Other End Users Market Forecast to 2025 (US$ MN)          

7 Advanced Energy Storage Systems Market, By Geography              
7.1 North America               
7.1.1 North America Market Forecast by Countries to 2025 (US$ MN)        
7.1.1.1 US                 
7.1.1.2 Canada             
7.1.1.3 Mexico             
7.2 Europe                
7.2.1 Europe Market Forecast by Countries to 2025 (US$ MN)         
7.2.1.1 France            
7.2.1.2 Germany            
7.2.1.3 Italy            
7.2.1.4 Spain            
7.2.1.5 UK            
7.2.1.6 Rest of Europe           
7.3 Asia Pacific               
7.3.1 Asia Pacific Market Forecast by Countries to 2025 (US$ MN)         
7.3.1.1  China            
7.3.1.2 Japan            
7.3.1.3 India            
7.3.1.4 Australia            
7.3.1.5 New Zealand           
7.3.1.6 Rest of Asia           
7.4 Middle East               
7.4.1 Middle East Market Forecast by Countries to 2025 (US$ MN)         
7.4.1.1 Saudi Arabia           
7.4.1.2 UAE            
7.4.1.3 Rest of Middle East            
7.5 Latin America               
7.5.1 Latin America Market Forecast by Countries to 2025 (US$ MN)         
7.5.1.1 Argentina           
7.5.1.2 Brazil            
7.5.1.3 Rest of Latin America           
7.6 Rest of the World (RoW)              
7.6.1 RoW Market Forecast by Countries to 2025 (US$ MN)          
7.6.1.1 Africa            
7.6.1.2 Caribbean           

8 Key Player Activities                
8.1 Acquisitions & Mergers              
8.2 Agreements, Partnerships, Collaborations and Joint Ventures           
8.3 Product Launch & Expansions               
8.4 Other Activities               

9 Leading Companies                  
9.1 ZBB systems        
9.2 Toshiba Corporation         
9.3 Samsung SDI, Co., Ltd         
9.4 Saft         
9.5 Nippon Chemi-Con Corporation         
9.6 NGK Insulators Ltd         
9.7 Maxwell Technologies Inc         
9.8 LG Chem. Ltd        
9.9 Hitachi Ltd        
9.10 GS Yuasa Corporation         
9.11 Exide Technologies         
9.12 Enersys         
9.13 China BAK Batteries, Inc        
9.14 Calmac Manufacturing Corp        
9.15 BYD Company Ltd.         
9.16 Beacon Power LLC        
9.17 Alevo        
9.18 AES Energy Storage        
9.19 ABB Limited         
9.20 A123 Systems LLC        

List of Tables:

Table 1 Global Advanced Energy Storage Systems Market By Region, Market Forecast (2013-2025) (US $MN)          
Table 2 Global Advanced Energy Storage Systems Market By Technology, Market Forecast (2013-2025) (US $MN)         
Table 3 Global Advanced Energy Storage Systems Market By Thermal technology, Market Forecast (2013-2025) (US $MN)         
Table 4 Global Advanced Energy Storage Systems Market By Thermal energy storage, Market Forecast (2013-2025) (US $MN)         
Table 5 Global Advanced Energy Storage Systems Market By Steam accumulator, Market Forecast (2013-2025) (US $MN)         
Table 6 Global Advanced Energy Storage Systems Market By Solar pond, Market Forecast (2013-2025) (US $MN)         
Table 7 Global Advanced Energy Storage Systems Market By Seasonal thermal energy storage, Market Forecast (2013-2025) (US $MN)         
Table 8 Global Advanced Energy Storage Systems Market By Molten salt, Market Forecast (2013-2025) (US $MN)         
Table 9 Global Advanced Energy Storage Systems Market By Ice storage, Market Forecast (2013-2025) (US $MN)         
Table 10 Global Advanced Energy Storage Systems Market By Pumped Heat Electrical Storage (PHES), Market Forecast (2013-2025) (US $MN)         
Table 11 Global Advanced Energy Storage Systems Market By Eutectic system, Market Forecast (2013-2025) (US $MN)         
Table 12 Global Advanced Energy Storage Systems Market By Concentrated Solar Power (CSP), Market Forecast (2013-2025) (US $MN)         
Table 13 Global Advanced Energy Storage Systems Market By Mechanical systems, Market Forecast (2013-2025) (US $MN)         
Table 14 Global Advanced Energy Storage Systems Market By Locomotive, Market Forecast (2013-2025) (US $MN)         
Table 15 Global Advanced Energy Storage Systems Market By Hydroelectric energy storage, Market Forecast (2013-2025) (US $MN)         
Table 16 Global Advanced Energy Storage Systems Market By Hydraulic accumulator, Market Forecast (2013-2025) (US $MN)         
Table 17 Global Advanced Energy Storage Systems Market By Flywheel, Market Forecast (2013-2025) (US $MN)         
Table 18 Global Advanced Energy Storage Systems Market By Fireless, Market Forecast (2013-2025) (US $MN)         
Table 19 Global Advanced Energy Storage Systems Market By Liquid Air Energy Storage (LAES), Market Forecast (2013-2025) (US $MN)         
Table 20 Global Advanced Energy Storage Systems Market By Compressed Air Energy Storage (CAES), Market Forecast (2013-2025) (US $MN)         
Table 21 Global Advanced Energy Storage Systems Market By Electrochemical systems, Market Forecast (2013-2025) (US $MN)         
Table 22 Global Advanced Energy Storage Systems Market By Rechargeable batteries, Market Forecast (2013-2025) (US $MN)         
Table 23 Global Advanced Energy Storage Systems Market By Flow batteries, Market Forecast (2013-2025) (US $MN)         
Table 24 Global Advanced Energy Storage Systems Market By Electrical systems, Market Forecast (2013-2025) (US $MN)         
Table 25 Global Advanced Energy Storage Systems Market By Supercapacitors, Market Forecast (2013-2025) (US $MN)         
Table 26 Global Advanced Energy Storage Systems Market By Superconducting Magnets (SMES), Market Forecast (2013-2025) (US $MN)         
Table 27 Global Advanced Energy Storage Systems Market By Chemical systems, Market Forecast (2013-2025) (US $MN)         
Table 28 Global Advanced Energy Storage Systems Market By Solar Power to gas, Market Forecast (2013-2025) (US $MN)         
Table 29 Global Advanced Energy Storage Systems Market By Liquid nitrogen, Market Forecast (2013-2025) (US $MN)         
Table 30 Global Advanced Energy Storage Systems Market By Hydrogen, Market Forecast (2013-2025) (US $MN)         
Table 31 Global Advanced Energy Storage Systems Market By Biofuels, Market Forecast (2013-2025) (US $MN)         
Table 32 Global Advanced Energy Storage Systems Market By Hydrated salts, Market Forecast (2013-2025) (US $MN)         
Table 33 Global Advanced Energy Storage Systems Market By Biological systems, Market Forecast (2013-2025) (US $MN)         
Table 34 Global Advanced Energy Storage Systems Market By Starch, Market Forecast (2013-2025) (US $MN)         
Table 35 Global Advanced Energy Storage Systems Market By Glycogen, Market Forecast (2013-2025) (US $MN)         
Table 36 Global Advanced Energy Storage Systems Market By Other Technologies, Market Forecast (2013-2025) (US $MN)         
Table 37 Global Advanced Energy Storage Systems Market By Synthetic Gas, Market Forecast (2013-2025) (US $MN)         
Table 38 Global Advanced Energy Storage Systems Market By Fuel cells, Market Forecast (2013-2025) (US $MN)         
Table 39 Global Advanced Energy Storage Systems Market By Pumped Hydro Storage, Market Forecast (2013-2025) (US $MN)         
Table 40 Global Advanced Energy Storage Systems Market By Super magnets, Market Forecast (2013-2025) (US $MN)         
Table 41 Global Advanced Energy Storage Systems Market By Advanced battery energy storage, Market Forecast (2013-2025) (US $MN)         
Table 42 Global Advanced Energy Storage Systems Market By Application, Market Forecast (2013-2025) (US $MN)         
Table 43 Global Advanced Energy Storage Systems Market By Transportation, Market Forecast (2013-2025) (US $MN)         
Table 44 Global Advanced Energy Storage Systems Market By Grid Storage, Market Forecast (2013-2025) (US $MN)         
Table 45 Global Advanced Energy Storage Systems Market By Fuel production, Market Forecast (2013-2025) (US $MN)         
Table 46 Global Advanced Energy Storage Systems Market By Fuel delivery, Market Forecast (2013-2025) (US $MN)         
Table 47 Global Advanced Energy Storage Systems Market By Electricity generation, Market Forecast (2013-2025) (US $MN)         
Table 48 Global Advanced Energy Storage Systems Market By Electricity delivery and Management, Market Forecast (2013-2025) (US $MN)         
Table 49 Global Advanced Energy Storage Systems Market By Automotive, Market Forecast (2013-2025) (US $MN)         
Table 50 Global Advanced Energy Storage Systems Market By Other Applications, Market Forecast (2013-2025) (US $MN)         
Table 51 Global Advanced Energy Storage Systems Market By End User, Market Forecast (2013-2025) (US $MN)         
Table 52 Global Advanced Energy Storage Systems Market By Utility, Market Forecast (2013-2025) (US $MN)         
Table 53 Global Advanced Energy Storage Systems Market By Residential & Non-Residential, Market Forecast (2013-2025) (US $MN)         
Table 54 Global Advanced Energy Storage Systems Market By Industrial, Market Forecast (2013-2025) (US $MN)         
Table 55 Global Advanced Energy Storage Systems Market By Electric Vehicles, Market Forecast (2013-2025) (US $MN)         
Table 56 Global Advanced Energy Storage Systems Market By Buildings, Market Forecast (2013-2025) (US $MN)         
Table 57 Global Advanced Energy Storage Systems Market By Other End Users, Market Forecast (2013-2025) (US $MN)                                   

Note: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are presented in similar manner as above.

Note: Product cover images may vary from those shown
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  • A123 Systems LLC
  • ABB Limited
  • AES Energy Storage
  • Alevo
  • Beacon Power LLC
  • BYD Company Ltd.
  • Calmac Manufacturing Corp
  • China BAK Batteries, Inc
  • Enersys
  • Exide Technologies
  • GS Yuasa Corporation
  • Hitachi Ltd
  • LG Chem. Ltd
  • Maxwell Technologies Inc
  • NGK Insulators Ltd
  • Nippon Chemi-Con Corporation
  • Saft
  • Samsung SDI, Co., Ltd
  • Toshiba Corporation
  • ZBB systems
Note: Product cover images may vary from those shown
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