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Global Grid-Scale Battery Strategic Business Report 2023: Featuring ABB, Fluence Energy, GS Yuasa and LG Chem Among Others
Global Market for Grid-Scale Battery
Dublin, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The "Grid-Scale Battery - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Grid-Scale Battery estimated at US$3.9 Billion in the year 2022, is projected to reach a revised size of US$19.5 Billion by 2030, growing at a CAGR of 22.3% over the analysis period 2022-2030.
Lithium-Ion, one of the segments analyzed in the report, is projected to record a 22.8% CAGR and reach US$17.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Lead Acid segment is readjusted to a revised 20.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 21.3% CAGR
The Grid-Scale Battery market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 21.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.2% and 18.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.1% CAGR.
Select Competitors (Total 48 Featured) -
ABB Group
BYD Co., Ltd.
Fluence Energy, LLC
General Electric Company
GS Yuasa Corporation
LG Chem
NGK Insulators Ltd.
Panasonic Corporation
Saft Groupe SA
Samsung SDI Co., Ltd
Tesla Motors, Inc.
Toshiba Corporation
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Report Metrics:
Report Attribute | Details |
No. of Pages | 247 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $3.9 Billion |
Forecasted Market Value (USD) by 2030 | $19.5 Billion |
Compound Annual Growth Rate | 22.3% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Grid Scale Battery Market: A Snapshot
Battery Storage Market - An Introduction
Lithium ion (Li-ion) Dominates the Battery Grid Energy Storage Market
Grid-Scale Battery - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/8jrkrj-scale?w=12
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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