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Global Advanced Battery Energy Storage Systems Market-Technologies, Market share and Industry Forecast to 2024

  • ID: 4715480
  • Report
  • Region: Global
  • 240 pages
  • Occams Business Research and Consulting
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FEATURED COMPANIES

  • A123 Systems , Inc (U.S)
  • ABB Ltd (Switzerland)
  • BYD Company Ltd (China )
  • Enersys SA (U.S)
  • Exide Technologies (U.S)
  • Hitachi Ltd (Japan)
  • MORE
Advanced storage battery systems market is rising with increasing demand for electric vehicles. According to International Council on Clean Transport (ICCT), the number of hybrid electric vehicles (HEV) in US in 2015, touched 15%.

Also, the demand for HEV in US has increased by 36% in 2015 as compared to 2014 (11%). The total count of HEV vehicles in Europe was more than 8% of the total transport vehicles in 2015. One in every seven vehicle sold in EU is HEV, since 2015. In 2015, Department of Transport, UK announced an investment of $270 million YoY till 2020 for electric vehicles. The aim of the investment is to have every vehicle in the country (UK) to be of low emission by 2050.

Scandinavian countries (Norway, Finland, Denmark and Netherlands) have been traditional markets for HEV in EU. The total sales of HEV in these countries grew by 22% in 2015. Asia Pacific is the fastest growing market for the forecast period 2017-2024. China, Korea, Singapore and Japan are main drivers of advanced battery storage technology market in Asia Pacific. The demand for electric vehicles in Japan is forecasted to increase by 11% in 2017. Sales of electric vehicles in China grew astounding 294% in 2015, according to ICCT. The high growth rate is anticipated to continue till 2020.

Other driving factors include volatility in fossil fuel price, new technologies in battery technology and rising investments in renewable energy. However, market competition, regulatory compliance, technical challenges in battery technologies and high capital investments are the factors impacting market growth for the forecast period 2016-2023.

Advanced battery storage systems market in Asia Pacific is growing with highest CAGR. The growth in Asia Pacific market is led by countries like China, Japan, and South Korea. Total investment in renewable energy in Asia pacific was highest in 2016. India and China together in 2016, invested more than $120billion for renewable energy technologies. Government of Australia and Japan are planning to invest in sustainable energy technologies for next five years. Along with AGL energy, Government of Australia is planning to invest up to $4billion till 2020 on renewable energy projects. Japanese Government invested over $37billion in 2016 (0.3% increase) as compared to 2015 in renewable energy technologies.

North America dominates global advanced battery energy storage systems market in terms of revenue followed by Europe.
GS Yuasa Corporation., ABB Ltd., LG Chem Ltd., Enersys Inc., Saft Ltd., Hitachi Ltd., BYD Corporation Ltd., Beacon Power LLC and Exide Technologies Ltd., are amongst the pioneers in advanced battery energy storage systems. Merger and Acquisition is the key strategy used by companies to acquire market share.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • A123 Systems , Inc (U.S)
  • ABB Ltd (Switzerland)
  • BYD Company Ltd (China )
  • Enersys SA (U.S)
  • Exide Technologies (U.S)
  • Hitachi Ltd (Japan)
  • MORE
Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Advanced Battery Storage System Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360-Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Key Strategies & Analysis
2.8.2. Market Share Analysis And Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities In Emerging Applications
2.9.3. Investment Opportunity In Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Rising Investment In Renewable Energy
3.1.2. Increasing Demand Of Electric Vehicle
3.1.3. New Technology In Battery System
3.1.4. Decreasing Cost Of Lithium Ion Batteries
3.1.5. Increasing Energy Storage Deployments In Power Grids
3.2. Market Restraints
3.2.1. High Capital Investment
3.2.2. Strong Alternative Market
3.3. Market Opportunities
3.3.1. Renewable Energy Demand In Europe
3.3.2. Increasing Application In Defense Sector
3.3.3. Emerging Markets Like India And China
3.4. Market Challenges
3.4.1. Regulatory Compliance
3.4.2. Technical Challenges In Battery System

4. Advanced Battery Storage System Market By Technology
4.1. Market Definition And Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis Across Market Segments
4.4. Opportunity Matrix
4.5. Market Segmentation
4.5.1. Global Lithium Ion Batteries Market
4.5.1.1.1. Adoption Scenario & Market Determinants
4.5.1.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.1.1.3. Key Conclusions
4.5.2. Global Sodium Sulpher Market
4.5.2.1.1. Adoption Scenario & Market Determinants
4.5.2.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.2.1.3. Key Conclusions
4.5.3. Global Flow Batteries Market
4.5.3.1. Adoption Scenario & Market Determinants
4.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.3.3. Key Conclusions
4.5.4. Global Other Battery Technologies Market
4.5.4.1. Adoption Scenario & Market Determinants
4.5.4.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.4.3. Key Conclusions

5. Advanced Battery Storage System Market By End User
5.1. Market Definition And Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis Across Market Segments
5.4. Opportunity Matrix
5.4.1.1. Market Segmentation
5.4.2. Global Electric Vehicles Market
5.4.2.1. Application
5.4.2.2. Adoption Scenario & Market Determinants
5.4.2.3. Market Estimations And Forecasts 2015-2024 ($ Million)
5.4.2.4. Key Conclusions
5.4.3. Global Utilities Market
5.4.3.1. Adoption Scenario & Market Determinants
5.4.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.4.3.3. Key Conclusions
5.4.3.4. Global Others Market
5.4.3.5. Adoption Scenario & Market Determinants
5.4.3.6. Market Estimations And Forecasts 2015-2024 ($ Million)
5.4.3.7. Key Conclusions

6. Advanced Battery Storage System Market By Application
6.1. Market Definition And Scope
6.2. Decision Support Database & Estimation Methodology
6.3. Comparative Analysis Across Market Segments
6.4. Opportunity Matrix
6.4.1.1. Market Segmentation
6.4.1.2. Global Transportation Market
6.4.1.3. Adoption Scenario & Market Determinants
6.4.1.4. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.1.5. Key Conclusions
6.4.1.6. Global Grid Storagemarket
6.4.1.7. Adoption Scenario & Market Determinants
6.4.1.8. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.1.9. Key Conclusions
6.4.2. Global Other Market
6.4.2.1. Adoption Scenario & Market Determinants
6.4.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.4.2.3. Key Conclusions

7. Competitive Landscape
7.1. Key Strategies
7.1.1. List Of Mergers And Acquisition
7.1.2. List Of Joint Ventures
7.1.3. List Of Product Launches
7.1.4. List Of Partnerships

8. Geographical Analysis
8.1. Decision Support Database & Estimation Methodology
8.2. Comparative Analysis Across Market Segments
8.3. Opportunity Matrix
8.4. Global Advanced Battery Storage Systemmarket By Region 2015-2024 ($ Million)
8.4.1. North America
8.4.1.1. Industry Analysis 2015-2024 ($ Million)
8.4.1.2. Top Country Analysis
8.4.1.2.1. U.S.
8.4.1.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.1.2. Key Conclusions
8.4.1.2.2. Canada
8.4.1.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.2.2. Key Conclusions
8.4.2. Europe
8.4.2.1. Industry Analysis 2015-2024 ($ Million)
8.4.2.2. Top Country Analysis
8.4.2.2.1. Uk
8.4.2.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.1.2. Key Conclusions
8.4.2.2.2. France
8.4.2.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.2.2. Key Conclusions
8.4.2.2.3. Germany
8.4.2.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.3.2. Key Conclusions
8.4.2.2.4. Spain
8.4.2.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.4.2. Key Conclusions
8.4.2.2.5. Rest Of Europe
8.4.2.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.5.2. Key Conclusions
8.4.3. Asia Pacific
8.4.3.1. Industry Analysis 2015-2024 ($ Million)
8.4.3.2. Top Country Analysis
8.4.3.2.1. China
8.4.3.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.1.2. Key Conclusions
8.4.3.2.2. India
8.4.3.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.2.2. Key Conclusions
8.4.3.2.3. Japan
8.4.3.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.3.2. Key Conclusions
8.4.3.2.4. Australia
8.4.3.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.4.2. Key Conclusions
8.4.3.2.5. Rest Of Asia Pacific
8.4.3.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.5.2. Key Conclusions
8.4.4. Row
8.4.4.1. Industry Analysis 2015-2024 ($ Million)
8.4.4.2. Top Country Analysis
8.4.4.2.1. Latin America
8.4.4.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.1.2. Key Conclusions
8.4.4.2.2. Middle East & Africa
8.4.4.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.2.2. Key Conclusions

9. Company Profiles
9.1. Abb Ltd (Switzerland)
9.1.1. Overview
9.1.2. Product Portfolio
9.1.3. Strategic Initiatives
9.1.4. Scot Analysis
9.1.5. Strategic Analysis
9.2. Lg Chem Ltd (South Korea)
9.2.1. Overview
9.2.2. Product Portfolio
9.2.3. Strategic Initiatives
9.2.4. Scot Analysis
9.2.5. Strategic Analysis
9.3. Gs Yuasa Corporation (Japan)
9.3.1. Overview
9.3.2. Product Portfolio
9.3.3. Strategic Initiatives
9.3.4. Scot Analysis
9.3.5. Strategic Analysis
9.4. Samsung Sdi Co Ltd (South Korea)
9.4.1. Overview
9.4.2. Product Portfolio
9.4.3. Strategic Initiatives
9.4.4. Scot Analysis
9.4.5. Strategic Analysis
9.5. Enersys Sa (U.S)
9.5.1. Overview
9.5.2. Product Portfolio
9.5.3. Strategic Initiatives
9.5.4. Scot Analysis
9.5.5. Strategic Analysis
9.6. Exide Technologies (U.S)
9.6.1. Overview
9.6.2. Product Portfolio
9.6.3. Strategic Initiatives
9.6.4. Scot Analysis
9.6.5. Strategic Analysis
9.7. Toshiba Corporation (Japan)
9.7.1. Overview
9.7.2. Product Portfolio
9.7.3. Strategic Initiatives
9.7.4. Scot Analysis
9.7.5. Strategic Analysis
9.8. Nippon Chemi-Con Corp. (Japan)
9.8.1. Overview
9.8.2. Product Portfolio
9.8.3. Strategic Initiatives
9.8.4. Scot Analysis
9.8.5. Strategic Analysis
9.9. Hitachi Ltd (Japan)
9.9.1. Overview
9.9.2. Product Portfolio
9.9.3. Strategic Initiatives
9.9.4. Scot Analysis
9.9.5. Strategic Analysis
9.10. Byd Company Ltd (China )
9.10.1. Overview
9.10.2. Product Portfolio
9.10.3. Strategic Initiatives
9.10.4. Scot Analysis
9.10.5. Strategic Analysis
9.11. Calmac Manufacturing Corp. (U.S.)
9.11.1. Overview
9.11.2. Product Portfolio
9.11.3. Strategic Initiatives
9.11.4. Scot Analysis
9.11.5. Strategic Analysis
9.12. A123 Systems , Inc (U.S)
9.12.1. Overview
9.12.2. Product Portfolio
9.12.3. Strategic Initiatives
9.12.4. Scot Analysis
9.12.5. Strategic Analysis
9.13. Maxwell Technologies (U.S)
9.13.1. Overview
9.13.2. Product Portfolio
9.13.3. Strategic Initiatives
9.13.4. Scot Analysis
9.13.5. Strategic Analysis
9.14. Total S.A (France)
9.14.1. Overview
9.14.2. Product Portfolio
9.14.3. Strategic Initiatives
9.14.4. Scot Analysis
9.14.5. Strategic Analysis
9.15. Rockland Capital, Llc (U.S.)
9.15.1. Overview
9.15.2. Product Portfolio
9.15.3. Strategic Initiatives
9.15.4. Scot Analysis
9.15.5. Strategic Analysis

List Of Tables
1. Global Advanced Battery Storage Systemmarket By Technology2015-2024 ($ Million)
2. Global Lithium Ion Batteries Market By Geography 2015-2024 ($ Million)
3. Global Sodium Sulpher Market By Geography 2015-2024 ($ Million)
4. Global Flow Batteries Market By Geography 2015-2024 ($ Million)
5. Global Other Battery Technologies Market By Geography 2015-2024 ($ Million)
6. Global Advanced Battery Storage Systemmarket By End User 2015-2024 ($ Million)
7. Global Electric Vehicles Market By Geography 2015-2024 ($ Million)
8. Global Utilities Market By Geography 2015-2024 ($ Million)
9. Global Others Market By Geography 2015-2024 ($ Million)
10. Global Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
11. Global Transportation Market By Geography 2015-2024 ($ Million)
12. Global Grid Market By Geography 2015-2024 ($ Million)
13. Global Others Market By Geography 2015-2024 ($ Million)
14. North America Advanced Battery Storage Systemmarket 2015-2024 ($ Million)
15. Europe Advanced Battery Storage Systemmarket 2015-2024 ($ Million)
16. Asia Pacific Advanced Battery Storage Systemmarket 2015-2024 ($ Million)
17. Rest Of The World Advanced Battery Storage Systemmarket 2015-2024 ($ Million)
18. North America Advanced Battery Storage Systemmarket By Technology 2015-2024 ($ Million)
19. Europe Advanced Battery Storage Systemmarket By Technology 2015-2024 ($ Million)
20. Asia Pacific Advanced Battery Storage Systemmarket By Technology 2015-2024 ($ Million)
21. Rest Of The World Advanced Battery Storage Systemmarket By Technology 2015-2024 ($ Million)
22. North America Advanced Battery Storage Systemmarket By End User 2015-2024 ($ Million)
23. Europe Advanced Battery Storage Systemmarket By End User 2015-2024 ($ Million)
24. Asia Pacific Advanced Battery Storage Systemmarket By End User 2015-2024 ($ Million)
25. Rest Of The World Advanced Battery Storage Systemmarket By End User 2015-2024 ($ Million)
26. North America Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
27. Europe Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
28. Asia Pacific Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
29. Rest Of The World Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
30. North America Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
31. Europe Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
32. Asia Pacific Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
33. Rest Of The World Advanced Battery Storage Systemmarket By Application 2015-2024 ($ Million)
34. United States Advanced Battery Storage Systemmarket By Technology 2015-2024($ Million)
35. United States Advanced Battery Storage Systemmarket By End User 2015-2024($ Million)
36. United States Advanced Battery Storage Systemmarket By Application 2015-2024($ Million)
37. Canada Advanced Battery Storage Systemmarket By Technology 2015-2024($ Million)
38. Canada Advanced Battery Storage Systemmarket By End User 2015-2024($ Million)
39. Canada Advanced Battery Storage Systemmarket By Application 2015-2024($ Million)
40. Canada Advanced Battery Storage Systemmarket By End User 2015-2024($ Million)
41. Uk Advanced Battery Storage Systemmarket By Technology 2015-2024($ Million)
42. Uk Advanced Battery Storage Systemmarket By End User 2015-2024($ Million)
43. Uk Advanced Battery Storage Systemmarket By Application 2015-2024($ Million)
44. Germany Advanced Battery Storage Systemmarket By Technology 2015-2024($ Million)
45. Germany Advanced Battery Storage Systemmarket By End User 2015-2024($ Million)
46. Germany Advanced Battery Storage Systemmarket By Application 2015-2024($ Million)
47. France Advanced Battery Storage Systemmarket By Technology 2015-2024($ Million)
48. France Advanced Battery Storage Systemmarket By End User 2015-2024($ Million)
49. France Advanced Battery Storage Systemmarket By Application 2015-2024($ Million)
50. Spain Advanced Battery Storage Systemmarket By Technology 2015-2024($ Million)

List Of Figures

1. Global Lithium Ion Batteries Market 2015-2024 ($ Million)
2. Global Sodium Sulpher Market 2015-2024 ($ Million)
3. Global Flow Batteries Market 2015-2024 ($ Million)
4. Global Other Battery Technologies Market 2015-2024 ($ Million)
5. Global Electric Vehicles Market 2015-2024 ($ Million)
6. Global Utilities Market 2015-2024 ($ Million)
7. Global Others Market 2015-2024 ($ Million)
8. Global Transportation Market 2015-2024 ($ Million)
9. Global Grid Market 2015-2024 ($ Million)
10. Global Others Market 2015-2024 ($ Million)
11. United States (U.S.) Advanced Battery Storage System Market 2015-2024 ($ Million)
12. Canada Advanced Battery Storage System Market 2015-2024 ($ Million)
13. United Kingdom (Uk) Advanced Battery Storage System Market 2015-2024 ($ Million)
14. France Advanced Battery Storage System Market 2015-2024 ($ Million)
15. Germany Advanced Battery Storage System Market 2015-2024 ($ Million)
16. Spain Advanced Battery Storage System Market 2015-2024 ($ Million)
17. Roe Advanced Battery Storage System Market 2015-2024 ($ Million)
18. India Advanced Battery Storage System Market 2015-2024 ($ Million)
19. China Advanced Battery Storage System Market 2015-2024 ($ Million)
20. Japan Advanced Battery Storage System Market 2015-2024 ($ Million)
21. Australia Advanced Battery Storage System Market 2015-2024 ($ Million)
22. Roapac Advanced Battery Storage System Market 2015-2024 ($ Million)
23. Latin America Advanced Battery Storage System Market 2015-2024 ($ Million)
24. Mena Advanced Battery Storage System Market 2015-2024 ($ Million)
Note: Product cover images may vary from those shown
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  • A123 Systems , Inc (U.S)
  • ABB Ltd (Switzerland)
  • BYD Company Ltd (China )
  • Calmac Manufacturing Corp. (U.S.)
  • Enersys SA (U.S)
  • Exide Technologies (U.S)
  • GS Yuasa Corporation (Japan)
  • Hitachi Ltd (Japan)
  • LG Chem Ltd (South Korea)
  • Maxwell Technologies (U.S)
  • Nippon Chemi-Con Corp. (Japan)
  • Rockland Capital, Llc (U.S.)
  • Samsung SDI Co Ltd (South Korea)
  • Toshiba Corporation (Japan)
  • Total S.A (France)
Note: Product cover images may vary from those shown
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