Grid-Scale Electricity Storage Technology Market, Global Outlook and Forecast 2023-2029

Report ID: MMG270720 | Category: Energy & Power | Pages: 108 | Format: PDF | Published Date: November 01,2023

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Report Description
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Report Summary

The global Grid-Scale Electricity Storage Technology market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Mechanical Energy Storage Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Grid-Scale Electricity Storage Technology include ABB, GE, Panasonic, CATL, Toshiba International, Johnson Controls, LG Chem, Samsung SDI and Aquion Energy, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
Grid-Scale Electricity Storage Technology refers to the technology used to store electricity on a large scale to balance the demand and supply of electricity in the power system during peak and off-peak periods. These technologies can store electricity for later use, thus improving the reliability and flexibility of the power system.
Currently, common Grid-Scale Electricity Storage Technologies include:
Pumped Hydro Storage: water is pumped to a high-level reservoir during peak periods and then released back to the reservoir during off-peak periods, driving a turbine to generate electricity.
Battery Storage: large battery arrays are used to store electricity for later use.
Grid-Scale Electricity Storage Technology is a very important field that can help us better manage the power system and improve its reliability and flexibility. It will play an increasingly important role in the future energy transition.
This report aims to provide a comprehensive presentation of the global market for Grid-Scale Electricity Storage Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grid-Scale Electricity Storage Technology. This report contains market size and forecasts of Grid-Scale Electricity Storage Technology in global, including the following market information:
Global Grid-Scale Electricity Storage Technology Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Grid-Scale Electricity Storage Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Grid-Scale Electricity Storage Technology Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Grid-Scale Electricity Storage Technology Market Segment Percentages, by Type, 2022 (%)
    Mechanical Energy Storage
    Electrochemical Energy Storage
Global Grid-Scale Electricity Storage Technology Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Grid-Scale Electricity Storage Technology Market Segment Percentages, by Application, 2022 (%)
    City Power Supply
    Industrial Power Supply
    Others
Global Grid-Scale Electricity Storage Technology Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Grid-Scale Electricity Storage Technology Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Grid-Scale Electricity Storage Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Grid-Scale Electricity Storage Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABB
    GE
    Panasonic
    CATL
    Toshiba International
    Johnson Controls
    LG Chem
    Samsung SDI
    Aquion Energy
    AES Corporation
    Moss Landing Energy Storage Facility
    DP World London Gateway
    Victorian Big Battery
    Gateway Battery Energy Storage System
    Contemporary Amperex Technology Ltd
    FlexGen
Outline of Major Chapters:
Chapter 1: Introduces the definition of Grid-Scale Electricity Storage Technology, market overview.
Chapter 2: Global Grid-Scale Electricity Storage Technology market size in revenue.
Chapter 3: Detailed analysis of Grid-Scale Electricity Storage Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Grid-Scale Electricity Storage Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Grid-Scale Electricity Storage Technology Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Grid-Scale Electricity Storage Technology Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Grid-Scale Electricity Storage Technology Overall Market Size
    2.1 Global Grid-Scale Electricity Storage Technology Market Size: 2022 VS 2029
    2.2 Global Grid-Scale Electricity Storage Technology Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Grid-Scale Electricity Storage Technology Players in Global Market
    3.2 Top Global Grid-Scale Electricity Storage Technology Companies Ranked by Revenue
    3.3 Global Grid-Scale Electricity Storage Technology Revenue by Companies
    3.4 Top 3 and Top 5 Grid-Scale Electricity Storage Technology Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Grid-Scale Electricity Storage Technology Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Grid-Scale Electricity Storage Technology Players in Global Market
        3.6.1 List of Global Tier 1 Grid-Scale Electricity Storage Technology Companies
        3.6.2 List of Global Tier 2 and Tier 3 Grid-Scale Electricity Storage Technology Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Grid-Scale Electricity Storage Technology Market Size Markets, 2022 & 2029
        4.1.2 Mechanical Energy Storage
        4.1.3 Electrochemical Energy Storage
    4.2 By Type - Global Grid-Scale Electricity Storage Technology Revenue & Forecasts
        4.2.1 By Type - Global Grid-Scale Electricity Storage Technology Revenue, 2018-2023
        4.2.2 By Type - Global Grid-Scale Electricity Storage Technology Revenue, 2024-2029
        4.2.3 By Type - Global Grid-Scale Electricity Storage Technology Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Grid-Scale Electricity Storage Technology Market Size, 2022 & 2029
        5.1.2 City Power Supply
        5.1.3 Industrial Power Supply
        5.1.4 Others
    5.2 By Application - Global Grid-Scale Electricity Storage Technology Revenue & Forecasts
        5.2.1 By Application - Global Grid-Scale Electricity Storage Technology Revenue, 2018-2023
        5.2.2 By Application - Global Grid-Scale Electricity Storage Technology Revenue, 2024-2029
        5.2.3 By Application - Global Grid-Scale Electricity Storage Technology Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Grid-Scale Electricity Storage Technology Market Size, 2022 & 2029
    6.2 By Region - Global Grid-Scale Electricity Storage Technology Revenue & Forecasts
        6.2.1 By Region - Global Grid-Scale Electricity Storage Technology Revenue, 2018-2023
        6.2.2 By Region - Global Grid-Scale Electricity Storage Technology Revenue, 2024-2029
        6.2.3 By Region - Global Grid-Scale Electricity Storage Technology Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Grid-Scale Electricity Storage Technology Revenue, 2018-2029
        6.3.2 US Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.3.3 Canada Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.3.4 Mexico Grid-Scale Electricity Storage Technology Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Grid-Scale Electricity Storage Technology Revenue, 2018-2029
        6.4.2 Germany Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.4.3 France Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.4.4 U.K. Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.4.5 Italy Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.4.6 Russia Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.4.7 Nordic Countries Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.4.8 Benelux Grid-Scale Electricity Storage Technology Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Grid-Scale Electricity Storage Technology Revenue, 2018-2029
        6.5.2 China Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.5.3 Japan Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.5.4 South Korea Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.5.5 Southeast Asia Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.5.6 India Grid-Scale Electricity Storage Technology Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Grid-Scale Electricity Storage Technology Revenue, 2018-2029
        6.6.2 Brazil Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.6.3 Argentina Grid-Scale Electricity Storage Technology Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Grid-Scale Electricity Storage Technology Revenue, 2018-2029
        6.7.2 Turkey Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.7.3 Israel Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.7.4 Saudi Arabia Grid-Scale Electricity Storage Technology Market Size, 2018-2029
        6.7.5 UAE Grid-Scale Electricity Storage Technology Market Size, 2018-2029
7 Grid-Scale Electricity Storage Technology Companies Profiles
    7.1 ABB
        7.1.1 ABB Company Summary
        7.1.2 ABB Business Overview
        7.1.3 ABB Grid-Scale Electricity Storage Technology Major Product Offerings
        7.1.4 ABB Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.1.5 ABB Key News & Latest Developments
    7.2 GE
        7.2.1 GE Company Summary
        7.2.2 GE Business Overview
        7.2.3 GE Grid-Scale Electricity Storage Technology Major Product Offerings
        7.2.4 GE Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.2.5 GE Key News & Latest Developments
    7.3 Panasonic
        7.3.1 Panasonic Company Summary
        7.3.2 Panasonic Business Overview
        7.3.3 Panasonic Grid-Scale Electricity Storage Technology Major Product Offerings
        7.3.4 Panasonic Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.3.5 Panasonic Key News & Latest Developments
    7.4 CATL
        7.4.1 CATL Company Summary
        7.4.2 CATL Business Overview
        7.4.3 CATL Grid-Scale Electricity Storage Technology Major Product Offerings
        7.4.4 CATL Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.4.5 CATL Key News & Latest Developments
    7.5 Toshiba International
        7.5.1 Toshiba International Company Summary
        7.5.2 Toshiba International Business Overview
        7.5.3 Toshiba International Grid-Scale Electricity Storage Technology Major Product Offerings
        7.5.4 Toshiba International Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.5.5 Toshiba International Key News & Latest Developments
    7.6 Johnson Controls
        7.6.1 Johnson Controls Company Summary
        7.6.2 Johnson Controls Business Overview
        7.6.3 Johnson Controls Grid-Scale Electricity Storage Technology Major Product Offerings
        7.6.4 Johnson Controls Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.6.5 Johnson Controls Key News & Latest Developments
    7.7 LG Chem
        7.7.1 LG Chem Company Summary
        7.7.2 LG Chem Business Overview
        7.7.3 LG Chem Grid-Scale Electricity Storage Technology Major Product Offerings
        7.7.4 LG Chem Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.7.5 LG Chem Key News & Latest Developments
    7.8 Samsung SDI
        7.8.1 Samsung SDI Company Summary
        7.8.2 Samsung SDI Business Overview
        7.8.3 Samsung SDI Grid-Scale Electricity Storage Technology Major Product Offerings
        7.8.4 Samsung SDI Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.8.5 Samsung SDI Key News & Latest Developments
    7.9 Aquion Energy
        7.9.1 Aquion Energy Company Summary
        7.9.2 Aquion Energy Business Overview
        7.9.3 Aquion Energy Grid-Scale Electricity Storage Technology Major Product Offerings
        7.9.4 Aquion Energy Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.9.5 Aquion Energy Key News & Latest Developments
    7.10 AES Corporation
        7.10.1 AES Corporation Company Summary
        7.10.2 AES Corporation Business Overview
        7.10.3 AES Corporation Grid-Scale Electricity Storage Technology Major Product Offerings
        7.10.4 AES Corporation Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.10.5 AES Corporation Key News & Latest Developments
    7.11 Moss Landing Energy Storage Facility
        7.11.1 Moss Landing Energy Storage Facility Company Summary
        7.11.2 Moss Landing Energy Storage Facility Business Overview
        7.11.3 Moss Landing Energy Storage Facility Grid-Scale Electricity Storage Technology Major Product Offerings
        7.11.4 Moss Landing Energy Storage Facility Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.11.5 Moss Landing Energy Storage Facility Key News & Latest Developments
    7.12 DP World London Gateway
        7.12.1 DP World London Gateway Company Summary
        7.12.2 DP World London Gateway Business Overview
        7.12.3 DP World London Gateway Grid-Scale Electricity Storage Technology Major Product Offerings
        7.12.4 DP World London Gateway Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.12.5 DP World London Gateway Key News & Latest Developments
    7.13 Victorian Big Battery
        7.13.1 Victorian Big Battery Company Summary
        7.13.2 Victorian Big Battery Business Overview
        7.13.3 Victorian Big Battery Grid-Scale Electricity Storage Technology Major Product Offerings
        7.13.4 Victorian Big Battery Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.13.5 Victorian Big Battery Key News & Latest Developments
    7.14 Gateway Battery Energy Storage System
        7.14.1 Gateway Battery Energy Storage System Company Summary
        7.14.2 Gateway Battery Energy Storage System Business Overview
        7.14.3 Gateway Battery Energy Storage System Grid-Scale Electricity Storage Technology Major Product Offerings
        7.14.4 Gateway Battery Energy Storage System Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.14.5 Gateway Battery Energy Storage System Key News & Latest Developments
    7.15 Contemporary Amperex Technology Ltd
        7.15.1 Contemporary Amperex Technology Ltd Company Summary
        7.15.2 Contemporary Amperex Technology Ltd Business Overview
        7.15.3 Contemporary Amperex Technology Ltd Grid-Scale Electricity Storage Technology Major Product Offerings
        7.15.4 Contemporary Amperex Technology Ltd Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.15.5 Contemporary Amperex Technology Ltd Key News & Latest Developments
    7.16 FlexGen
        7.16.1 FlexGen Company Summary
        7.16.2 FlexGen Business Overview
        7.16.3 FlexGen Grid-Scale Electricity Storage Technology Major Product Offerings
        7.16.4 FlexGen Grid-Scale Electricity Storage Technology Revenue in Global Market (2018-2023)
        7.16.5 FlexGen Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Grid-Scale Electricity Storage Technology Market, Global Outlook and Forecast 2023-2029

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