Advanced Energy Storage System Market by Technology, End User

Description

List of Tables

[193 Pages Report] The Advanced Energy Storage System Market size was estimated at USD 19.68 billion in 2023 and expected to reach USD 21.60 billion in 2024, at a CAGR 9.82% to reach USD 37.93 billion by 2030.

Global Advanced Energy Storage System Market

KEY MARKET STATISTICS
Base Year [2023]	USD 19.68 billion
Estimated Year [2024]	USD 21.60 billion
Forecast Year [2030]	USD 37.93 billion
CAGR (%)	9.82%

Advanced Energy Storage System Market - IMG1

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Advanced Energy Storage System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Advanced Energy Storage System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Advanced Energy Storage System Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Active Power, Inc., AES Corporation, Altair Nanotechnologies Inc., BYD Co. Ltd., EnSync Inc., Evapco Inc., General Electric Company, Hitachi, Ltd., LG Chem Ltd., Mitsubishi Heavy Industries, Ltd., NEC Corporation, Panasonic Corporation, Samsung SDI America, Inc., Siemens AG, Tesla Inc., and Toshiba Corporation.

Market Segmentation & Coverage

This research report categorizes the Advanced Energy Storage System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
- Batteries
- Compressed Air
- Flywheels
- Molten Salt
- Thermal
End User
- Non- Residential
- Residential
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Advanced Energy Storage System Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Advanced Energy Storage System Market?

3. What are the technology trends and regulatory frameworks in the Advanced Energy Storage System Market?

4. What is the market share of the leading vendors in the Advanced Energy Storage System Market?

5. Which modes and strategic moves are suitable for entering the Advanced Energy Storage System Market?

Product Code: MRR-4311778F8FEC

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Advanced Energy Storage System Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing investment in renewable energy
  - 5.1.1.2. Boost in electrifying the transport sector
  - 5.1.1.3. Steady growth in electricity consumption
- 5.1.2. Restraints
  - 5.1.2.1. High capital investments
- 5.1.3. Opportunities
  - 5.1.3.1. Growing requirements for energy management and optimization
  - 5.1.3.2. Government efforts for electricity grid infrastructure expansion
- 5.1.4. Challenges
  - 5.1.4.1. Lack of policy support and standardization
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Advanced Energy Storage System Market, by Technology

6.1. Introduction
6.2. Batteries
6.3. Compressed Air
6.4. Flywheels
6.5. Molten Salt
6.6. Thermal

7. Advanced Energy Storage System Market, by End User

7.1. Introduction
7.2. Non- Residential
7.3. Residential

8. Americas Advanced Energy Storage System Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Advanced Energy Storage System Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Advanced Energy Storage System Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. ABB Ltd.
- 12.1.2. Active Power, Inc.
- 12.1.3. AES Corporation
- 12.1.4. Altair Nanotechnologies Inc.
- 12.1.5. BYD Co. Ltd.
- 12.1.6. EnSync Inc.
- 12.1.7. Evapco Inc.
- 12.1.8. General Electric Company
- 12.1.9. Hitachi, Ltd.
- 12.1.10. LG Chem Ltd.
- 12.1.11. Mitsubishi Heavy Industries, Ltd.
- 12.1.12. NEC Corporation
- 12.1.13. Panasonic Corporation
- 12.1.14. Samsung SDI America, Inc.
- 12.1.15. Siemens AG
- 12.1.16. Tesla Inc.
- 12.1.17. Toshiba Corporation
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing