Grid-Scale Battery

World Market Report

MCP12234

EXECUTIVE ENGAGEMENTS

POOL

773
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

153
Interactions with Platform & by Email

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31
Unique # Participated

VALIDATIONS

13
Responses Validated*

COMPANIES

48
Responses Validated*
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DATE

JAN 2023

TABLES

173

PAGES

247

EDITION

6

PRICE

USD 4950

CODE

MCP12234


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

RANK

(S/A/N/T)

%

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HIGHLIGHTS & REPORT INDEX

What`s New for 2023?

»Special coverage on Russia-Ukraine war; global inflation; easing of "zero-Covid" policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
»Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
»Online interactive peer-to-peer collaborative bespoke updates
»Access to our digital archives and MarketGlass Research Platform
»Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Grid-Scale Battery Market to Reach $19.5 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Grid-Scale Battery estimated at US$3.9 Billion in the year 2022, is projected to reach a revised size of US$19.5 Billion by 2030, growing at a CAGR of 22.3% over the analysis period 2022-2030. Lithium-Ion, one of the segments analyzed in the report, is projected to record a 22.8% CAGR and reach US$17.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Lead Acid segment is readjusted to a revised 20.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 21.3% CAGR
The Grid-Scale Battery market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2030 trailing a CAGR of 21.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.2% and 18.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15.1% CAGR.

SELECT PLAYERS

ABB Group; BYD Co., Ltd.; Fluence Energy, LLC; General Electric Company; GS Yuasa Corporation; LG Chem; NGK Insulators Ltd.; Panasonic Corporation; Saft Groupe SA; Samsung SDI Co., Ltd; Tesla Motors, Inc.; Toshiba Corporation

SEGMENTS

» Type (Lithium-Ion, Lead Acid, Other Types) » Application (Ancillary Services, Renewable Integration, Other Applications)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Grid Scale Battery Market: A Snapshot
Battery Storage Market – An Introduction
Lithium ion (Li-ion) Dominates the Battery Grid Energy Storage Market
Grid-Scale Battery – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Grid-Scale Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Grid-Scale Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Lithium-Ion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Lithium-Ion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Lead Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Lead Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Renewable Integration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Renewable Integration by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Ancillary Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Ancillary Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
World 8-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
World Grid-Scale Battery Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
UNITED STATES
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
Active Players in United States
USA Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
USA 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
USA Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
USA 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
CANADA
Active Players in Canada
Canada Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Canada 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Canada Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Canada 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
JAPAN
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
Active Players in Japan
Japan Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Japan 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Japan Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Japan 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
CHINA
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
Active Players in China
China Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
China 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
China Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
China 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
EUROPE
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
Europe Recent Past, Current & Future Analysis for Grid-Scale Battery by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
Europe 8-Year Perspective for Grid-Scale Battery by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
Europe Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Europe 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Europe Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Europe 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
FRANCE
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
Active Players in France
France Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
France 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
France Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
France 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
GERMANY
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
Active Players in Germany
Germany Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Germany 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Germany Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Germany 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
ITALY
Active Players in Italy
Italy Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Italy 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Italy Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Italy 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
UNITED KINGDOM
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
Active Players in United Kingdom
UK Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
UK 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
UK Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
UK 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
REST OF EUROPE
Active Players in Rest of Europe
Rest of Europe Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Rest of Europe 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Rest of Europe Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Rest of Europe 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
ASIA-PACIFIC
Grid-Scale Battery Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Active Players in Asia-Pacific
Asia-Pacific Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Asia-Pacific 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Asia-Pacific Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Asia-Pacific 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030
REST OF WORLD
Active Players in Rest of World
Rest of World Recent Past, Current & Future Analysis for Grid-Scale Battery by Type - Lithium-Ion, Lead Acid and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Rest of World 8-Year Perspective for Grid-Scale Battery by Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead Acid and Other Types for the Years 2023 & 2030
Rest of World Recent Past, Current & Future Analysis for Grid-Scale Battery by Application - Ancillary Services, Renewable Integration and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
Rest of World 8-Year Perspective for Grid-Scale Battery by Application - Percentage Breakdown of Value Sales for Ancillary Services, Renewable Integration and Other Applications for the Years 2023 & 2030

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