MESSAGES FROM THE MANAGEMENT:
WHY MRFR?
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 18
2 MARKET INTRODUCTION 23
2.1 DEFINITION 23
2.2 SCOPE OF THE STUDY 24
2.3 RESEARCH OBJECTIVE 24
2.4 MARKET STRUCTURE 25
3 RESEARCH METHODOLOGY 26
3.1 OVERVIEW 26
3.2 DATA FLOW 28
3.2.1 Data Mining Process 28
3.3 PURCHASED DATABASE: 29
3.4 SECONDARY SOURCES: 30
3.4.1 Secondary Research data flow: 31
3.5 PRIMARY RESEARCH: 32
3.5.1 Primary Research DATA FLOW: 33
3.5.2 Primary Research: Number of Interviews conducted 34
3.5.3 Primary Research: Regional Coverage 34
3.6 APPROACHES FOR MARKET SIZE ESTIMATION: 35
3.6.1 Revenue Analysis Approach 35
3.7 DATA FORECASTING 35
3.7.1 Data forecasting Technique 36
3.8 DATA MODELING 37
3.8.1 microeconomic factor analysis: 37
3.8.2 Data modeling: 38
3.9 TEAMS AND ANALYST CONTRIBUTION 40
4 MARKET DYNAMICS 42
4.1 INTRODUCTION 42
4.2 DRIVERS 42
4.2.1 The growing integration of renewable energy sources 42
4.2.2 Technological advancements and Growing demand for lithium-ion battery energy storage systems 44
4.3 RESTRAINTS 45
4.3.1 High Initial Cost and Maintenance 45
4.4 OPPORTUNITY 47
4.4.1 The rise of electric vehicles (EVs) 47
4.5 IMPACT ANALYSIS OF COVID-19 49
4.5.1 Impact on the Supply Chain of Global Battery Energy Storage Systems Market 49
4.5.2 Impact on Market Demand of Battery Energy Storage Systems Market 49
5 MARKET FACTOR ANALYSIS 51
5.1 SUPPLY CHAIN ANALYSIS 51
5.1.1 RAW MATERIAL Suppliers 51
5.1.2 Battery Enetgy storage system Manufacturers 51
5.1.3 Distribution Channels 52
5.1.4 End use industry 52
5.2 PORTER’S FIVE FORCES MODEL 53
5.2.1 Bargaining Power of Suppliers 53
5.2.2 Bargaining Power of Buyers 54
5.2.3 Threat of New Entrants 54
5.2.4 Threat of Substitutes 54
5.2.5 Intensity of Rivalry 54
5.3 NEW TECHNOLOGY OUTLOOK 55
5.4 RECENT DEVELOPMENTS IN CHEMISTRY/BATTERY TYPE 56
5.4.1 Most common chemistries for bees 56
5.4.2 Recent developments in the battery technology for Battery energy storage systems 57
6 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, BY BATTERY TYPE 60
6.1 INTRODUCTION 60
6.1.1 Lithium-ion 61
6.1.2 Lithium Manganese Oxide 61
6.1.3 Lithium Iron Phosphate 61
6.1.4 Sodium ion 61
7 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, BY INDUSTRY VERTICAL 62
7.1 INTRODUCTION 62
7.1.1 Manufacturing 64
7.1.2 Commercial Building 64
7.1.3 Retail & Residential 64
7.1.4 Renewable Energy 64
7.1.5 Others 64
8 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, BY BATTERY CAPACITY 65
8.1 INTRODUCTION 65
8.1.1 Low Scale Systems 66
8.1.2 Medium Scale Systems 66
8.1.3 High Scale Systems 66
9 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, BY BATTERY CAPACITY 67
9.1 INTRODUCTION 67
9.1.1 Microgrid Support 68
9.1.2 Electric vehicle (EV) Charging infrastructure 68
9.1.3 Peak Shaving 68
9.1.4 Renewable Integration 69
9.1.5 General Optimization 69
10 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, BY REGION 70
10.1 OVERVIEW 70
10.2 NORTH AMERICA 72
10.2.1 US 74
10.2.2 canada 75
10.2.3 mexico 76
10.3 EUROPE 79
10.3.1 Germany 81
10.3.2 France 82
10.3.3 UK 84
10.3.4 Spain 85
10.3.5 Italy 86
10.3.6 Rest of Europe 88
10.4 ASIA PACIFIC 90
10.4.1 China 92
10.4.2 India 93
10.4.3 Japan 95
10.4.4 South korea 96
10.4.5 Rest of Asia-Pacific 97
10.5 SOUTH AMERICA 99
10.5.1 Brazil 101
10.5.2 Argentina 102
10.5.3 Rest of South America 103
10.6 MIDDLE EAST & AFRICA 105
10.6.1 GCC 107
10.6.2 South Africa 108
10.6.3 Rest of middle east & africa 109
11 COMPETITIVE LANDSCAPE 112
11.1 INTRODUCTION 112
11.2 COMPETITION DASHBOARD 112
11.3 COMPANY MARKET SHARE ANALYSIS, 2022 (%) 113
11.4 COMPETITIVE BENCHMARKING 114
11.5 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE BATTERY ENERGY STORAGE SYSTEMS MARKET 115
11.6 LIST OF KEY PLAYERS, BY REGION 115
11.7 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2022 116
11.8 KEY DEVELOPMENTS & GROWTH STRATEGIES 116
11.8.1 New venture & Launch/Expansion 116
11.8.2 Merger & Acquisition 117
11.8.3 partnership 117
11.8.4 Collaboration 118
12 COMPANY PROFILES 119
12.1 HITACHI, LTD. 119
12.1.1 COMPANY OVERVIEW 119
12.1.2 FINANCIAL OVERVIEW 120
12.1.3 PRODUCTS OFFERed 120
12.1.4 KEY DEVELOPMENTS 121
12.1.5 SWOT ANALYSIS 121
12.1.6 Key Strategy 122
12.2 ABB 123
12.2.1 COMPANY OVERVIEW 123
12.2.2 FINANCIAL OVERVIEW 124
12.2.3 PRODUCTS OFFERed 124
12.2.4 KEY DEVELOPMENTS 125
12.2.5 SWOT ANALYSIS 125
12.2.6 Key Strategy 126
12.3 JAKSON 127
12.3.1 COMPANY OVERVIEW 127
12.3.2 FINANCIAL OVERVIEW 127
12.3.3 PRODUCTS OFFERed 127
12.3.4 KEY DEVELOPMENTS 128
12.3.5 SWOT ANALYSIS 128
12.3.6 Key Strategy 128
12.4 TOSHIBA CORPORATION 129
12.4.1 COMPANY OVERVIEW 129
12.4.2 FINANCIAL OVERVIEW 130
12.4.3 PRODUCTS OFFERed 130
12.4.4 KEY DEVELOPMENTS 131
12.4.5 SWOT ANALYSIS 131
12.4.6 Key Strategy 132
12.5 GENERAL ELECTRIC 132
12.5.1 COMPANY OVERVIEW 132
12.5.2 FINANCIAL OVERVIEW 133
12.5.3 PRODUCTS OFFERed 133
12.5.4 KEY DEVELOPMENTS 134
12.5.5 SWOT ANALYSIS 134
12.5.6 Key Strategy 135
12.6 SCHNEIDER ELECTRIC 136
12.6.1 COMPANY OVERVIEW 136
12.6.2 FINANCIAL OVERVIEW 137
12.6.3 PRODUCTS OFFERed 137
12.6.4 KEY DEVELOPMENTS 137
12.6.5 SWOT ANALYSIS 138
12.6.6 Key Strategy 138
12.7 SIEMENS 139
12.7.1 COMPANY OVERVIEW 139
12.7.2 FINANCIAL OVERVIEW 140
12.7.3 PRODUCTS OFFERed 140
12.7.4 KEY DEVELOPMENTS 140
12.7.5 SWOT ANALYSIS 141
12.7.6 Key Strategy 141
12.8 PANASONIC HOLDINGS CORPORATION 142
12.8.1 COMPANY OVERVIEW 142
12.8.2 FINANCIAL OVERVIEW 143
12.8.3 PRODUCTS OFFERed 143
12.8.4 KEY DEVELOPMENTS 144
12.8.5 SWOT ANALYSIS 144
12.8.6 Key Strategy 144
12.9 HONEYWELL INTERNATIONAL INC. 145
12.9.1 COMPANY OVERVIEW 145
12.9.2 FINANCIAL OVERVIEW 146
12.9.3 PRODUCTS OFFERed 146
12.9.4 KEY DEVELOPMENTS 147
12.9.5 SWOT ANALYSIS 147
12.9.6 Key Strategy 147
12.10 BYD COMPANY LIMITED 148
12.10.1 COMPANY OVERVIEW 148
12.10.2 FINANCIAL OVERVIEW 149
12.10.3 PRODUCTS OFFERed 149
12.10.4 KEY DEVELOPMENTS 149
12.10.5 SWOT ANALYSIS 150
12.10.6 Key Strategy 150
LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 38
TABLE 2 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 60
TABLE 3 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 62
TABLE 4 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 65
TABLE 5 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 67
TABLE 6 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY REGION, 2018-2032 (USD MILLION) 70
TABLE 7 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY COUNTRY, 2018-2032 (USD MILLION) 72
TABLE 8 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 72
TABLE 9 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 73
TABLE 10 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 73
TABLE 11 NORTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 73
TABLE 12 US: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 74
TABLE 13 US: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 74
TABLE 14 US: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 74
TABLE 15 US: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 75
TABLE 16 CANADA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 75
TABLE 17 CANADA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 75
TABLE 18 CANADA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 76
TABLE 19 CANADA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 76
TABLE 20 MEXICO: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 76
TABLE 21 MEXICO: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 77
TABLE 22 MEXICO: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 77
TABLE 23 MEXICO: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 77
TABLE 24 EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY COUNTRY, 2018-2032 (USD MILLION) 79
TABLE 25 EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 80
TABLE 26 EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 80
TABLE 27 EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 80
TABLE 28 EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 81
TABLE 29 GERMANY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 81
TABLE 30 GERMANY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 81
TABLE 31 GERMANY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 82
TABLE 32 GERMANY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 82
TABLE 33 FRANCE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 82
TABLE 34 FRANCE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 83
TABLE 35 FRANCE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 83
TABLE 36 FRANCE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 83
TABLE 37 UK: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 84
TABLE 38 UK: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 84
TABLE 39 UK: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 84
TABLE 40 UK: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 85
TABLE 41 SPAIN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 85
TABLE 42 SPAIN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 85
TABLE 43 SPAIN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 86
TABLE 44 SPAIN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 86
TABLE 45 ITALY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 86
TABLE 46 ITALY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 87
TABLE 47 ITALY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 87
TABLE 48 ITALY: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 87
TABLE 49 REST OF EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 88
TABLE 50 REST OF EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 88
TABLE 51 REST OF EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 88
TABLE 52 REST OF EUROPE: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 89
TABLE 53 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY COUNTRY, 2018-2032 (USD MILLION) 90
TABLE 54 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 91
TABLE 55 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 91
TABLE 56 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 91
TABLE 57 ASIA PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 92
TABLE 58 CHINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 92
TABLE 59 CHINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 92
TABLE 60 CHINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 93
TABLE 61 CHINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 93
TABLE 62 INDIA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 93
TABLE 63 INDIA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 94
TABLE 64 INDIA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 94
TABLE 65 INDIA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 94
TABLE 66 JAPAN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 95
TABLE 67 JAPAN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 95
TABLE 68 JAPAN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 95
TABLE 69 JAPAN: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 96
TABLE 70 SOUTH KOREA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 96
TABLE 71 SOUTH KOREA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 96
TABLE 72 SOUTH KOREA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 97
TABLE 73 SOUTH KOREA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 97
TABLE 74 REST OF ASIA-PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 97
TABLE 75 REST OF ASIA-PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 98
TABLE 76 REST OF ASIA-PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 98
TABLE 77 REST OF ASIA-PACIFIC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 98
TABLE 78 SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY COUNTRY, 2018-2032 (USD MILLION) 99
TABLE 79 SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 99
TABLE 80 SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 100
TABLE 81 SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 100
TABLE 82 SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 100
TABLE 83 BRAZIL: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 101
TABLE 84 BRAZIL: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 101
TABLE 85 BRAZIL: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 101
TABLE 86 BRAZIL: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 102
TABLE 87 ARGENTINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 102
TABLE 88 ARGENTINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 102
TABLE 89 ARGENTINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 103
TABLE 90 ARGENTINA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 103
TABLE 91 REST OF SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 103
TABLE 92 REST OF SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 104
TABLE 93 REST OF SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 104
TABLE 94 REST OF SOUTH AMERICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 104
TABLE 95 MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY COUNTRY, 2018-2032 (USD MILLION) 105
TABLE 96 MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 106
TABLE 97 MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 106
TABLE 98 MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 106
TABLE 99 MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 106
TABLE 100 GCC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 107
TABLE 101 GCC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 107
TABLE 102 GCC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 107
TABLE 103 GCC: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 108
TABLE 104 SOUTH AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 108
TABLE 105 SOUTH AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 108
TABLE 106 SOUTH AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 109
TABLE 107 SOUTH AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 109
TABLE 108 REST OF MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY TYPE, 2018-2032 (USD MILLION) 109
TABLE 109 REST OF MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2018-2032 (USD MILLION) 110
TABLE 110 REST OF MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2018-2032 (USD MILLION) 110
TABLE 111 REST OF MIDDLE EAST & AFRICA: BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2018-2032 (USD MILLION) 110
TABLE 112 COMPETITION DASHBOARD: BATTERY ENERGY STORAGE SYSTEMS MARKET 112
TABLE 113 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE BATTERY ENERGY STORAGE SYSTEMS MARKET 115
TABLE 114 LIST OF KEY PLAYERS, BY REGION 115
TABLE 115 NEW VENTURE & LAUNCH/EXPANSION 116
TABLE 116 MERGER & ACQUISITION 117
TABLE 117 PARTNERSHIP 117
TABLE 118 COLLABORATION 118
TABLE 119 HITACHI, LTD.: PRODUCTS OFFERED 120
TABLE 120 ABB.: PRODUCTS OFFERED 124
TABLE 121 ABB: KEY DEVELOPMENTS 125
TABLE 122 JAKSON: PRODUCTS OFFERED 127
TABLE 123 TOSHIBA CORPORATION: PRODUCTS OFFERED 130
TABLE 124 GENERAL ELECTRIC: PRODUCTS OFFERED 133
TABLE 125 SCHNEIDER ELECTRIC: PRODUCTS OFFERED 137
TABLE 126 SIEMENS: PRODUCTS OFFERED 140
TABLE 127 PANASONIC HOLDINGS CORPORATION.: PRODUCTS OFFERED 143
TABLE 128 HONEYWELL INTERNATIONAL INC.: PRODUCTS OFFERED 146
TABLE 129 BYD COMPANY LIMITED: PRODUCTS OFFERED 149
LIST OF FIGURES
FIGURE 1 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET SIZE: STRUCTURE 25
FIGURE 2 GLOBAL BATTERY ENERGY STORAGE SYSTEM MARKET: MARKET GROWTH FACTOR ANALYSIS (2022-2032) 42
FIGURE 3 ENERGY SOURCE BASED RENEWABLE GENERATION CAPACITY (2022) 43
FIGURE 4 INVESTMENTS IN THE GRID-SCALE BATTERY STORAGE FROM 2015-2022, BY REGION 44
FIGURE 5 DRIVER IMPACT ANALYSIS (2023-2032) 45
FIGURE 6 RESTRAINT IMPACT ANALYSIS (2022-2032) 46
FIGURE 7 ELECTRIC VEHICLES SALES IN 2022, BY REGION/COUNTRY (MILLION UNITS) 48
FIGURE 8 VEHICLE GRID INTEGRATION TECHNOLOGY AND SERVICE REVENUE BY REGION (2017-2026) (USD MN) 48
FIGURE 9 IMPACT OF COVID-19 ON GLOBAL ENERGY DEMAND BY RESOURCE TYPE 50
FIGURE 10 SUPPLY CHAIN ANALYSIS: GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET SIZE 51
FIGURE 11 PORTER’S FIVE FORCES MODEL: GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET SIZE 53
FIGURE 12 IMPACT OF NEW ENERGY STORAGE TECHNOLOGIES & INNOVATIONS ON MARKET (%) 55
FIGURE 13 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET SIZE, BY BATTERY TYPE, SEGMENT ATTARCTIVENESS ANALYSIS 60
FIGURE 14 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET, BY BATTERY TYPES, 2022 (VALUE % SHARE) 60
FIGURE 15 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET SIZE, BY INDUSTRY VERTICAL, SEGMENT ATTARCTIVENESS ANALYSIS 62
FIGURE 16 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY INDUSTRY VERTICAL, 2022 (% SHARE) 63
FIGURE 17 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET SIZE, BY BATTERY CAPACITY, SEGMENT ATTARCTIVENESS ANALYSIS 65
FIGURE 18 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY BATTERY CAPACITY, 2022 (% SHARE) 65
FIGURE 19 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET SIZE, BY APPLICATION, SEGMENT ATTARCTIVENESS ANALYSIS 67
FIGURE 20 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY APPLICATION, 2022 (% SHARE) 68
FIGURE 21 GLOBAL MARKET: COMPARATIVE ANALYSIS 70
FIGURE 22 GLOBAL BATTERY ENERGY STORAGE SYSTEMS MARKET VALUE, BY REGION, 2022 (% SHARE) 71
FIGURE 23 NORTH AMERICA MARKET: COMPARATIVE ANALYSIS 72
FIGURE 24 EUROPE MARKET: COMPARATIVE ANALYSIS 79
FIGURE 25 NORTH AMERICA MARKET: COMPARATIVE ANALYSIS 90
FIGURE 26 SOUTH AMERICA MARKET: COMPARATIVE ANALYSIS 99
FIGURE 27 MIDDLE EAST & AFRICA MARKET: COMPARATIVE ANALYSIS 105
FIGURE 28 BATTERY ENERGY STORAGE SYSTEMS MAJOR PLAYERS MARKET SHARE ANALYSIS, 2022 (%) 113
FIGURE 29 BENCHMARKING OF MAJOR COMPETITORS 114
FIGURE 30 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2022 116
FIGURE 31 HITACHI, LTD.: FINANCIAL OVERVIEW SNAPSHOT 120
FIGURE 32 HITACHI, LTD.: SWOT ANALYSIS 121
FIGURE 33 ABB: FINANCIAL OVERVIEW SNAPSHOT 124
FIGURE 34 ABB.: SWOT ANALYSIS 125
FIGURE 35 JAKSON: SWOT ANALYSIS 128
FIGURE 36 TOSHIBA CORPORATION: SWOT ANALYSIS 131
FIGURE 37 GENERAL ELECTRIC: SWOT ANALYSIS 134
FIGURE 38 SCHNEIDER ELECTRIC: SWOT ANALYSIS 138
FIGURE 39 SIEMENS: FINANCIAL OVERVIEW SNAPSHOT 140
FIGURE 40 SIEMENS: SWOT ANALYSIS 141
FIGURE 41 PANASONIC HOLDINGS CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 143
FIGURE 42 PANASONIC HOLDINGS CORPORATION: SWOT ANALYSIS 144
FIGURE 43 HONEYWELL INTERNATIONAL INC.: FINANCIAL OVERVIEW SNAPSHOT 146
FIGURE 44 HONEYWELL INTERNATIONAL INC.: SWOT ANALYSIS 147
FIGURE 45 BYD COMPANY LIMITED: FINANCIAL OVERVIEW SNAPSHOT 149
FIGURE 46 BYD COMPANY LIMITED: SWOT ANALYSIS 150
