Global Grid Scale Battery Market Outlook - Market Analysis by Geography, by Battery Chemistry, by Application, Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022

  • ID: 4386381
  • Report
  • Region: Global
  • 127 pages
  • Mordor Intelligence
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Grid-scale, or utility-side, battery systems are engineered to augment or replace generation, transmission and distribution assets across the grid. Large scale energy storage systems can make the grid more reliable and more flexible because they decouple energy services from a particular fuel source.

Current applications of Grid Scale Batteries are peak shaving, load shifting, renewable sources integration etc. Although Grid Scale Battery market is not mature, it is expected to grow exponentially in next five to ten years owing to the following factors: increase in demand for renewable energy, government regulations and technological advancements. Environmental impact of conventional energy sources has led to demand pull for renewable sources. By 2060, solar energy is expected to produce sixty percent of electricity globally. This shift towards renewable sources will lead to an increase in demand for grid scale batteries as they are essential for negating fluctuating power in grids.

On flipside, high initial costs, safety concerns and low life cycle of batteries are strangling the market. Asia Pacific region Grid Scale Battery market will have highest growth rate because of rapid technological advancements taking place in Japan and South Korea. Backed by governments, companies in both nations are creating safe, efficient, sustainable, economical and high energy density batteries. Lithium ion based batteries have high demand compared to other chemical based batteries.

This report comprehensively analyzes the Grid Scale Battery market by segmenting it based on geography, battery chemistry and applications (peak shaving, load shifting, renewable sources integration and others). Key drivers and restraints that are effecting the growth of this market were discussed in detail. The study also elucidates on competitive landscape and key market players.
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1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
4.1 Introduction
4.2 Market Demand to 2022
4.3 Recent Developments in Grid Scale Battery Industry
4.4 Investment and Opportunities
5. Drivers, Constraints and Opportunities
5.1 Drivers
5.1.1 Increasing Demand for Renewable Energy
5.1.2 Growing Solar Power Generation
5.1.3 Government Regulations
5.2 Constraints
5.2.1 Safety Concerns
5.2.2 Low Life Cycle of Grid Scale Batteries
5.2.3 Lack of Mature Technologies
5.3 Opportunities
5.3.1 Technological Advancements
6. Grid Scale Battery Industry Value Chain Analysis
6.1 Overview
6.2 Grid Scale Battery Manufacturers
7. Grid Scale Battery Industry Market Analysis, by applications
7.1 Peak Shaving
7.2 Renewable Sources Integration
7.3 Load Shifting
7.4 Others
8. Grid Scale Battery Industry Market Analysis, by Battery Chemistry
8.1 Li-ion based batteries
8.2 Advanced Lead batteries
8.3 Others
9. Grid Scale Battery Industry Market Analysis, by Geography
9.1 North America
9.1.1 United States of America
9.1.2 Canada
9.2 Asia Pacific
9.2.1 Australia
9.2.2 China
9.2.3 South Korea
9.2.4 Japan
9.2.5 Others
9.3 Europe
9.3.1 Germany
9.3.2 Italy
9.3.3 United Kingdom
9.3.4 France
9.3.5 Spain
9.3.6 Others
9.4 Middle East and Africa
9.4.1 Kingdom of Saudi Arabia
9.4.2 Others
10. Key Company Analysis
10.1 Saft Groupe S.A.
10.2 Aquion Energy
10.3 GE Energy Storage
10.4 Samsung SDI
10.5 Panasonic
10.6 Johnson Controls, Inc.
10.7 Toshiba
10.8 LG Chem, Ltd
10.9 BYD Co. Ltd
10.10 EnerVault
11. Competitive Landscape
11.1 Mergers & Acquisitions
11.2 Joint Ventures, Collaborations and Agreements
11.3 Market Share Analysis
12. Appendix
12.1 Contact Us
12.2 Disclaimer
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Note: Product cover images may vary from those shown