Global Energy Storage Market 2022-2026

The publisher has been monitoring the energy storage market and it is poised to grow by 50013.15 MW units during 2022-2026, progressing at a CAGR of 61.52% during the forecast period. The report on the energy storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing energy storage requirements and government initiatives to promote energy storage.

The energy storage market analysis includes the type segment and geographic landscape.

The energy storage market is segmented as below:

By Type

Utility-scale
Behind the meter

By Geographical Landscape

APAC
North America
Europe
MEA
South America

This study identifies the increasing demand for concentrating solar power (CSP) as one of the prime reasons driving the energy storage market growth during the next few years. Also, will lead to sizable demand in the market.

The report on energy storage market covers the following areas:

Energy storage market sizing
Energy storage market forecast
Energy storage market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading energy storage market vendors that include ABB Ltd., Amsted Industries Inc., EVAPCO Inc., General Electric Co., GS Yuasa Corp., Ingersoll Rand Inc., LG Electronics Inc., Panasonic Corp., Samsung SDI Co. Ltd., and Tesla Inc. Also, the energy storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher 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 such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2021
Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Type

Market segments
Comparison by Type
Utility-scale - Market size and forecast 2021-2026
Behind the meter - Market size and forecast 2021-2026
Market opportunity by Type

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2021-2026
North America - Market size and forecast 2021-2026
Europe - Market size and forecast 2021-2026
MEA - Market size and forecast 2021-2026
South America - Market size and forecast 2021-2026
Key leading countries
Market opportunity By Geographical Landscape
Market drivers
Market challenges
Market trends

Vendor Landscape

Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
ABB Ltd.
Amsted Industries Inc.
EVAPCO Inc.
General Electric Co.
GS Yuasa Corp.
Ingersoll Rand Inc.
LG Electronics Inc.
Panasonic Corp.
Samsung SDI Co. Ltd.
Tesla Inc.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

List of Exhibits

Key Finding 1
Key Finding 2
Key Finding 3
Key Finding 5
Key Finding 6
Key Finding 7
Key Finding 8
Parent market
Market characteristics
Offerings of vendors included in the market definition
Market segments
Global - Market size and forecast 2021 - 2026 (MW)
Global market: Year-over-year growth 2021 - 2026 (%)
Five forces analysis 2021 & 2026
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition - Five forces 2021
Type - Market share 2021-2026 (%)
Comparison by Type
Utility-scale - Market size and forecast 2021-2026 (MW)
Utility-scale - Year-over-year growth 2021-2026 (%)
Behind the meter - Market size and forecast 2021-2026 (MW)
Behind the meter - Year-over-year growth 2021-2026 (%)
Market opportunity by Type
Customer landscape
Market share By Geographical Landscape 2021-2026 (%)
Geographic comparison
APAC - Market size and forecast 2021-2026 (MW)
APAC - Year-over-year growth 2021-2026 (%)
North America - Market size and forecast 2021-2026 (MW)
North America - Year-over-year growth 2021-2026 (%)
Europe - Market size and forecast 2021-2026 (MW)
Europe - Year-over-year growth 2021-2026 (%)
MEA - Market size and forecast 2021-2026 (MW)
MEA - Year-over-year growth 2021-2026 (%)
South America - Market size and forecast 2021-2026 (MW)
South America - Year-over-year growth 2021-2026 (%)
Key leading countries
Market opportunity By Geographical Landscape (MW)
Impact of drivers and challenges
Vendor landscape
Landscape disruption
Industry risks
Vendors covered
Market positioning of vendors
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key offerings
ABB Ltd. - Key customers
ABB Ltd. - Segment focus
Amsted Industries Inc. - Overview
Amsted Industries Inc. - Product and service
Amsted Industries Inc. - Key offerings
Amsted Industries Inc. - Key customers
Amsted Industries Inc. - Segment focus
EVAPCO Inc. - Overview
EVAPCO Inc. - Product and service
EVAPCO Inc. - Key offerings
EVAPCO Inc. - Key customers
EVAPCO Inc. - Segment focus
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key offerings
General Electric Co. - Key customers
General Electric Co. - Segment focus
GS Yuasa Corp. - Overview
GS Yuasa Corp. - Business segments
GS Yuasa Corp. - Key offerings
GS Yuasa Corp. - Key customers
GS Yuasa Corp. - Segment focus
Ingersoll Rand Inc. - Overview
Ingersoll Rand Inc. - Product and service
Ingersoll Rand Inc. - Key offerings
Ingersoll Rand Inc. - Key customers
Ingersoll Rand Inc. - Segment focus
LG Electronics Inc. - Overview
LG Electronics Inc. - Business segments
LG Electronics Inc. - Key offerings
LG Electronics Inc. - Key customers
LG Electronics Inc. - Segment focus
Panasonic Corp. - Overview
Panasonic Corp. - Business segments
Panasonic Corp. - Key offerings
Panasonic Corp. - Key customers
Panasonic Corp. - Segment focus
Samsung SDI Co. Ltd. - Overview
Samsung SDI Co. Ltd. - Business segments
Samsung SDI Co. Ltd. - Key offerings
Samsung SDI Co. Ltd. - Key customers
Samsung SDI Co. Ltd. - Segment focus
Tesla Inc. - Overview
Tesla Inc. - Business segments
Tesla Inc. - Key offerings
Tesla Inc. - Key customers
Tesla Inc. - Segment focus
Currency conversion rates for US$
Research Methodology
Validation techniques employed for market sizing
Information sources
List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global energy storage market: ABB Ltd., Amsted Industries Inc., EVAPCO Inc., General Electric Co., GS Yuasa Corp., Ingersoll Rand Inc., LG Electronics Inc., Panasonic Corp., Samsung SDI Co. Ltd., and Tesla Inc.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing demand for concentrating solar power (CSP).`

According to the report, one of the major drivers for this market is the growing energy storage requirement.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.