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 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

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