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Energy Storage Market in China 2018-2022 - Product Image

Energy Storage Market in China 2018-2022

  • ID: 4603476
  • Report
  • Region: China
  • 90 pages
  • TechNavio
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FEATURED COMPANIES

  • Narada Power Source
  • SHENZHEN CLOU ELECTRONICS
  • SUNGROW
  • ZTT
  • MORE

About Energy Storage

Energy storage is a process of storing energy generated for later use. Energy storage systems can range from a few MW (to power an individual home) to large-scale MW plants. Energy storage technologies include batteries, flywheels, pumped hydro storage, thermal storage, and compressed air energy storage (CAES).

The analysts forecast the energy storage market in China to register a CAGR of 39.85% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the energy storage market in China for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The report, Energy Storage Market in China 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Narada Power Source
  • Shandong Sacred Sun Power Sources
  • SHENZHEN CLOU ELECTRONICS
  • SUNGROW
  • ZTT

Market drivers

  • Energy revolution
  • For a full, detailed list, view the full report

Market challenges

  • Technical challenges associated with battery technology
  • For a full, detailed list, view the full report

Market trends

  • Decline in Li-ion battery price
  • For a full, detailed list, view the full report

Key questions answered in this report

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Narada Power Source
  • SHENZHEN CLOU ELECTRONICS
  • SUNGROW
  • ZTT
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
  • Segmentation by application
  • Comparison by application
  • Behind the meter - Market size and forecast 2017-2022
  • Grid integration - Market size and forecast 2017-2022
  • Market opportunity by application
PART 08: CUSTOMER LANDSCAPE

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Decline in Li-ion battery price
  • Increasing renewable energy generation
  • Wide-scale deployment of distributed generation
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Narada Power Source
  • Shandong Sacred Sun Power Sources
  • SHENZHEN CLOU ELECTRONICS
  • SUNGROW
  • ZTT
PART 14: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global electrochemical energy storage market segmentation
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Energy storage market in China - Market size and forecast 2017-2022 (MW)
Exhibit 09: Installed capacity by technology in China 2016-2025 (%)
Exhibit 10: Energy storage market in China - Year-over-year growth 2018-2022 (%)
Exhibit 11: Five forces analysis 2017
Exhibit 12: Five forces analysis 2022
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2017
Exhibit 19: Application - Market share 2017-2022 (%)
Exhibit 20: Comparison by application
Exhibit 21: Behind the meter - Market size and forecast 2017-2022 (MW)
Exhibit 22: Indexed savings from feed-in without energy storage and with energy storage (%)
Exhibit 23: Behind the meter - Year-over-year growth 2018-2022 (%)
Exhibit 24: Grid integration - Market size and forecast 2017-2022 (MW)
Exhibit 25: Electricity demand in China 2016 and growth to 2040 (TWh)
Exhibit 26: Comparison of coal and low-carbon fuels utilization in China between 1990-2016 and 2016-2040
Exhibit 27: Grid integration - Year-over-year growth 2018-2022 (%)
Exhibit 28: Market opportunity by application
Exhibit 29: Customer landscape
Exhibit 30: Indexed electrochemical energy storage in China 2011 and 2017 (MW)
Exhibit 31: Historical drivers of solar PV installation before 2016 (%)
Exhibit 32: Challenges faced while using Li-ion batteries
Exhibit 33: Global Li-ion battery cost 2009-2016 ($ per kWh)
Exhibit 34: Indexed CO2 emissions in China 2000-2025
Exhibit 35: Vendor landscape
Exhibit 36: Landscape disruption
Exhibit 37: Vendors covered
Exhibit 38: Vendor classification
Exhibit 39: Market positioning of vendors
Exhibit 40: Narada Power Source - Overview
Exhibit 41: Narada Power Source - Business segments
Exhibit 42: Narada Power Source - Organizational developments
Exhibit 43: Narada Power Source - Segment focus
Exhibit 44: Narada Power Source - Key offerings
Exhibit 45: Shandong Sacred Sun Power Sources - Overview
Exhibit 46: Shandong Sacred Sun Power Sources - Business segments
Exhibit 47: Shandong Sacred Sun Power Sources - Organizational developments
Exhibit 48: Shandong Sacred Sun Power Sources - Key offerings
Exhibit 49: SHENZHEN CLOU ELECTRONICS - Overview
Exhibit 50: SHENZHEN CLOU ELECTRONICS - Business segments
Exhibit 51: SHENZHEN CLOU ELECTRONICS - Organizational developments
Exhibit 52: SHENZHEN CLOU ELECTRONICS - Key offerings
Exhibit 53: SUNGROW - Overview
Exhibit 54: SUNGROW - Business segments
Exhibit 55: SUNGROW - Organizational developments
Exhibit 56: SUNGROW - Key offerings
Exhibit 57: ZTT - Overview
Exhibit 58: ZTT - Business segments
Exhibit 59: ZTT - Organizational developments
Exhibit 60: ZTT - Key offerings
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FEATURED COMPANIES

  • Narada Power Source
  • SHENZHEN CLOU ELECTRONICS
  • SUNGROW
  • ZTT
  • MORE

The author of the report recognizes the following companies as the key players in the energy storage market in China: Narada Power Source, Shandong Sacred Sun Power Sources, SHENZHEN CLOU ELECTRONICS, SUNGROW, and ZTT.

Commenting on the report, an analyst from the research team said: “One trend in the market is decline in Li-ion battery price. The market for Li-ion batteries has been gaining traction and is witnessing rapid growth. Owing to this, the demand for lead-acid batteries is declining. The main factor that differentiates Li-ion batteries from lead-acid batteries is their price.”

According to the report, one driver in the market is energy revolution. China is one of the largest economies in the world. It is experiencing high economic growth, due to which the power needs of the country have grown exponentially. The country is undergoing an energy revolution, where millions of dollars are being invested to increase the share of renewable energy in meeting its growing energy needs.

Further, the report states that one challenge in the market is technical challenges associated with battery technology. Globally, lead-acid and Li-ion are the most commonly used battery technologies for energy storage. However, both these technologies face certain technological and environmental issues.

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.

Note: Product cover images may vary from those shown
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  • Narada Power Source
  • Shandong Sacred Sun Power Sources
  • SHENZHEN CLOU ELECTRONICS
  • SUNGROW
  • ZTT
Note: Product cover images may vary from those shown
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