Global Grid-Scale Battery Sales Market Report 2020

Grid energy storage is a collection of methods used to store electrical energy on a large scale within an electrical power grid. Electrical energy is stored during times when production exceeds consumption, and returned to the grid when production falls below consumption. Battery systems connected to large solid-state converters have been used to stabilize power distribution networks.
North America dominates the grid-scale battery market. The growth of the grid-scale battery market in North America can be attributed to the increasing demand for renewable energy storage in the residential, non-residential, and utility sectors.

Market Analysis and Insights: Global Grid-Scale Battery Market
The global Grid-Scale Battery market size is projected to reach US$ 5299.1 million by 2026, from US$ 1253.9 million in 2020, at a CAGR of 27.2% during 2021-2026.

Global Grid-Scale Battery Scope and Market Size
The global Grid-Scale Battery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Grid-Scale Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Grid-Scale Battery market is segmented into
Lithium-Ion
Lead Acid
Flow
Sodium Based
Others

Segment by Application, the Grid-Scale Battery market is segmented into
Renewable Integration
Peak Shift
Ancillary Services
Back-Up Power
Others

The Grid-Scale Battery market is analysed and market size information is provided by regions (countries). Segment by Application, the Grid-Scale Battery market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Grid-Scale Battery Market Share Analysis
Grid-Scale Battery market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Grid-Scale Battery business, the date to enter into the Grid-Scale Battery market, Grid-Scale Battery product introduction, recent developments, etc.

The major vendors covered:
LG Chem
Samsung Sdi
Panasonic
Fluence Energy
Tesla
BYD
ABB
GE
GS Yuasa
Toshiba
Saft Groupe
S&C Electric
NGK Insulators

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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