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Energy Storage Systems Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: October, 2022
No of Pages: 159
Delivery Format: PDF+Excel

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Industry Trends

Energy Storage Systems Market size surpassed USD 340 billion in 2018 and is set to achieve over 6% CAGR up to 2025. Increasing demand for continuous electricity supply along with growing focus toward renewable energy power generation will drive the global energy storage systems industry growth.

According to the International Renewable Energy Agency (IRENA), the total U.S. installed renewable energy capacity witnessed an increase from 127 GW in 2009 to over 245 GW in 2018. Ability of storage systems to capture and store the electrical and thermal energy for later utilization are some of the key underlying factors making its adoption preferable.

By Technology

Pumped hydro storage segment of the market will witness over 3% CAGR up to 2025. High efficiency, greater stability, longer lifespan and low storage costs are some of the key factors positively influencing the business outlook. Low energy installation costs, reasonable round-trip efficiency and low discharge rates will further complement the global industry growth.

Surging demand to integrater large-scale clean energy systems along with favorable measures to promote adoption of sustainable solutions to minimize carbon emissions will stimulate the electro-chemical energy storage demand. In addition, technological innovations to improve the performance & efficiency of batteries will further enhance the business landscape.

By Application 

Energy storage systems market from electric supply capacity application is set to surpass USD 30 billion by 2025. Growing demand for cost effective and uninterrupted power supply across off grid locations will positively influence the product adoption. In addition, intermittent nature of renewable energy sources has created an increased demand for efficient storage technologies. As per the EIA, in the U.S., renewable based electricity generation increased from 382 MWh in 2008 to 742 MWh in 2018.

Energy storage system deployment for the renewables capacity firming application will witness growth on account of increasing investments toward expansion and integration of wind and solar energy plants. These systems can smooth the output and control the ramp rate by eliminating the rapid voltage & power swings on electrical grid which make its adoption preferable.

By Region 

The Asia Pacific energy storage systems industry will witness over 7% CAGR up to 2025. Surging demand for uninterruptable & reliable power supply along with increasing efforts to reduce fossil fuel dependency by promoting utilization of renewable energy technologies are some of the paramount factors which will propel the business growth.

Growing electricity demand, ongoing investments toward R&D sector and growing adoption of clean technologies will further enhance the product penetration over the forecast timeframe.

The U.S energy storage systems market size is anticipated to witness growth on account of increasing deployment of grid connected energy storage systems along with the implementation of federal tax incentive programs. These incentives and mandates have resulted in increased deployment of ESS across states with high levels of renewable energy penetration.

For instance, in May 2017, the California Public Utility Commission (CPUC) implemented Assembly Bill 2868, obligating its investor owned utilities for the procurement of additional 500 MW of distributed energy storage.

Energy storage systems deployment across Europe is set to experience significant growth by 2025. Ongoing efforts to minimize the carbon footprint along with surging investments toward development of green economy will drive the industry growth.

As per the European Commission, EU’s Research and Innovation Programme Horizon 2020 will invest USD 6.57 billion in energy projects between 2014 and 2020. The aim of the project is to improve the performance of clean energy technologies which include tidal power, energy storage and energy networks.

Competitive Market Share

Notable industry participants across the global energy storage systems market include Samsung SDI, Tesla Inc, Panasonic, Hitachi Chemical, GS Yuasa, J-Power, LG Chem, Exide Technologies, Toshiba, BYD Co, Sinohydro, Voith, EDF, Dongfang Electric, Goss Engineering, Evapco, Steffes Corporation, Genex Power Limited, Alstom and Schluchseewerk AG.

Business expansions, new technological innovations and mergers & acquisitions are some of the significant initiatives undertaken by prominent industry players. Furthermore, the key competitors are involved in R&D activitiis to sustain a competitive edge over other market participants.

Energy Storage Systems Industry Background

Energy storage system is a technology that stores energy in the form of heat and electricity which can be utilized later whenever required. Pumped hydro storage is the most prominent ESS technology being deployed followed by the other systems including electro-chemical, electro-mechanical and thermal.

Energy Storage Systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of MW and USD from 2014 to 2025, for the following segments:

By Technology

  • Pumped Hydro
  • Electro-Chemical
    • Lithium Ion Battery
    • Sodium Sulfur Battery
    • Lead Acid Battery
    • Flow Battery
    • Others
  • Electro-Mechanical
    • Flywheel
    • Compressed Air Energy Storage
  • Thermal
    • Water
    • Molten Salt
    • Phase Change Material
    • Others

By Application

  • Electric Energy Time Shift
  • Electric Supply Capacity
  • Black Start
  • Renewables Capacity Firming
  • Frequency Regulation
  • Others

The above information is provided on a regional & country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
  • Latin America
    • Brazil
    • Argentina
    • Mexico

Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market definitions

1.3 Market estimates & forecast parameters

1.4 Data sources

1.4.1 Primary

1.4.2 Secondary

1.4.2.1 Paid sources

1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Energy storage systems market 3600 synopsis, 2014 – 2025

2.1.1 Business trends

2.1.2 Technology trends

2.1.3 Application trends

2.1.4 Regional trends

Chapter 3 Energy Storage Industry Insights

3.1 Industry segmentation

3.2 Industry landscape

3.3 Industry Ecosystem Analysis

3.3.1 Vendor matrix

3.4 Innovation & technology landscape

3.4.1 Voith

3.4.2 Genex Power

3.4.3 General Electric

3.4.4 Toshiba

3.4.5 Nevada Hydro

3.4.6 BYD

3.4.7 Mutlu Battery

3.4.8 LG Chem

3.4.9 Duracell

3.4.10 Toshiba

3.4.11 Primus

3.4.12 Exide Technologies

3.4.13 FDK Corporation

3.4.14 Picodeon

3.4.15 ProLogium Technology

3.4.16 Tesla Inc

3.4.17 Samsung SDI.Co.Ltd

3.4.18 GS Yuasa Corporation

3.4.19 Panasonic Corporation

3.4.20 Abengoa Solar S.A.

3.4.21 Steffes Corporation

3.4.22 Ice Energy

3.4.23 SolarReserve, LLC

3.4.24 Brightsource Energy, Inc.

3.4.25 EnergyNest

3.4.26 SGRE

3.4.27 SaltX Technology

3.4.28 Other Innovations

3.5 Regulatory landscape

3.5.1 International Battery Standards and Testing

3.5.1.1 General Battery Standards

3.5.1.2 Safety Standards

3.5.1.3 Quality Standards

3.5.2 Europe

3.5.2.1 EU Battery Directive

3.5.2.2 Secondary European Legislation on Batteries:

3.5.2.3 Horizon 2020 Program

3.5.2.4 Climate policies

3.5.2.5 UK

3.5.2.5.1Northern Ireland

3.5.2.5.2Scotland

3.5.3 North America

3.5.3.1 U.S.

3.5.3.1.1California

3.5.3.1.2Hawaii

3.5.3.1.3New York

3.5.3.1.4New Jersey

3.5.3.1.5Texas

3.5.3.2 Canada

3.5.4 Asia Pacific

3.5.4.1 China

3.5.4.2 Japan

3.5.4.3 India

3.5.5 Middle East & Africa

3.5.5.1 Saudi Arabia

3.5.5.2 UAE

3.6 Installed renewable capacity across key economies, 2014 – 2018

3.6.1 Hydropower

3.6.2 Wind

3.6.3 Solar

3.7 Characteristics of key storage technologies

3.7.1 Pumped Hydro Storage

3.7.2 Compressed Air Energy Storage (CAES)

3.7.3 Flywheel Energy Storage

3.7.4 Flooded Lead Acid Batteries

3.7.5 VRLA Lead Acid Batteries

3.7.6 Lithium Manganese Cobalt Oxide (LMO) Batteries

3.7.7 Nickel Manganese Cobalt Oxide (NMC) Batteries

3.7.8 Lithium Iron Phosphate (LFP) Batteries

3.7.9 Lithium Titanate Oxide (LTO) Batteries

3.7.10 Nickel Cobalt Aluminum Oxide (NCA) Batteries

3.7.11 Sodium Sulphur (NaS) Batteries

3.7.12 Zinc-Bromine Redox-Flow Batteries

3.8 Price trend

3.8.1 Price trend analysis, by technology

3.9 TCO analysis between VRLA and Lithium ion batteries

3.9.1 Battery Attributes

3.9.2 Assumptions

3.9.3 Capital Expense

3.9.4 Operational Expense

3.9.5 TCO Calculation

3.10 Industry impact forces

3.10.1 Growth drivers

3.10.1.1 Growth in renewable energy sector

3.10.1.2 Increasing concerns toward security of supply

3.10.1.3 Growing electricity demand

3.10.2 Industry pitfalls & challenges

3.10.2.1 High capital cost of pumped storage plants

3.10.2.2 Safety concerns

3.11 Growth potential analysis

3.12 Porter’s analysis

3.13 Competitive landscape

3.13.1 Strategy dashboard, 2018

3.13.1.1 Voith Hydro

3.13.1.1.1Geographical Expansion

3.13.1.1.2Business Expansion

3.13.1.1.3Agreements

3.13.1.2 Toshiba

3.13.1.2.1Business Growth.

3.13.1.3 Enel

3.13.1.3.1Business Development

3.13.1.4 J POWER

3.13.1.4.1Business Expansion

3.13.1.5 Genex Power Limited

3.13.1.5.1Business expansion

3.13.1.5.2Agreement

3.13.1.6 GS Yuasa Corporation

3.13.1.6.1Overseas Expansion

3.13.1.6.2Business Expansion

3.13.1.6.3New Business Plan

3.13.1.7 Samsung SDI

3.13.1.7.1Business Expansion

3.13.1.7.2Overseas Expansion

3.13.1.7.3Investment Plan

3.13.1.8 LG Chem

3.13.1.8.1Investment Plan

3.13.1.8.2Overseas Expansion

3.13.1.9 Hitachi Chemical Co., Ltd.

3.13.1.9.1Strategic Alliance

3.13.1.9.2Investment Strategy

3.13.1.9.3Overseas Expansion

3.13.1.10 Tesla

3.13.1.10.1Business Expansion

3.13.1.10.2Investment Strategy

3.13.1.11 Uniper

3.13.1.11.1Investment Strategy

3.13.1.11.2Finance Strategy

3.13.1.12 Ice Energy

3.13.1.12.1Collaboration

3.13.1.12.2Program Launch

3.13.1.12.3Partnership

3.13.1.13 Abengoa Solar S.A.

3.13.1.13.1Partnership

3.13.1.14 SolarReserve, LLC

3.13.1.14.1Agreement

3.13.1.14.2Project

3.13.1.15 EVAPCO Inc.

3.13.1.15.1Acquisition

3.13.1.16 FAFCO

3.13.1.16.1Expansion

3.13.1.17 Dunham-Bush

3.13.1.17.1Product Launch

3.13.1.18 Burns & McDonnell

3.13.1.18.1Acquisition

3.14 PESTEL analysis

Chapter 4 Energy Storage Systems Market, By Technology

4.1 Energy storage systems market share by technology, 2018 & 2025

4.2 Pumped Hydro

4.2.1 Global market from pumped hydro, 2014 – 2025

4.2.2 Global market from pumped hydro, by region, 2014 – 2025

4.3 Electro-Chemical

4.3.1 Global market from electro-chemical, 2014 – 2025

4.3.2 Global market from electro-chemical, by region, 2014 – 2025

4.3.3 Lithium Ion Battery

4.3.3.1 Global market from lithium ion battery, 2014 – 2025

4.3.3.2 Global market from lithium ion battery, by region, 2014 – 2025

4.3.4 Sodium sulphur Battery

4.3.4.1 Global market from sodium sulphur battery, 2014 – 2025

4.3.4.2 Global market from sodium sulphur battery, by region, 2014 – 2025

4.3.5 Lead acid Battery

4.3.5.1 Global market from lead acid battery, 2014 – 2025

4.3.5.2 Global market from lead acid battery, by region, 2014 – 2025

4.3.6 Flow Battery

4.3.6.1 Global market from flow battery, 2014 – 2025

4.3.6.2 Global market from flow battery, by region, 2014 – 2025

4.3.7 Others

4.3.7.1 Global market from others, 2014 – 2025

4.3.7.2 Global market from others, by region, 2014 – 2025

4.4 Electro-mechanical

4.4.1 Global market from electro-mechanical, 2014 – 2025

4.4.2 Global market from electro-mechanical, by region, 2014 – 2025

4.4.3 Flywheel

4.4.3.1 Global market from flywheel, 2014 – 2025

4.4.3.2 Global market from flywheel, by region, 2014 – 2025

4.4.4 CAES

4.4.4.1 Global market from CAES, 2014 – 2025

4.4.4.2 Global market from CAES, by region, 2014 – 2025

4.5 Thermal

4.5.1 Global market from thermal, 2014 – 2025

4.5.2 Global market from thermal, by region, 2014 – 2025

4.5.3 Water

4.5.3.1 Global market from water, 2014 – 2025

4.5.3.2 Global market from water, by region, 2014 – 2025

4.5.4 Molten Salt

4.5.4.1 Global market from molten salt, 2014 – 2025

4.5.4.2 Global market from molten salt, by region, 2014 – 2025

4.5.5 PCM

4.5.5.1 Global market from PCM, 2014 – 2025

4.5.5.2 Global market from PCM, by region, 2014 – 2025

4.5.6 Others

4.5.6.1 Global market from others, 2014 – 2025

4.5.6.2 Global market from others, by region, 2014 – 2025

Chapter 5 Energy Storage Systems Market, By Application

5.1 Energy storage systems market share by application, 2018 & 2025

5.2 Electric Energy Time Shift

5.2.1 Global market from electric energy time shift, 2014 – 2025

5.2.2 Global market from electric energy time shift, by region, 2014 – 2025

5.3 Electric Supply Capacity

5.3.1 Global market from electric supply capacity, 2014 – 2025

5.3.2 Global market from electric supply capacity, by region, 2014 – 2025

5.4 Black Start

5.4.1 Global market from black start, 2014 – 2025

5.4.2 Global market from black start, by region, 2014 – 2025

5.5 Renewable Capacity Firming

5.5.1 Global market from renewable capacity firming, 2014 – 2025

5.5.2 Global market from renewable capacity firming, by region, 2014 – 2025

5.6 Frequency Regulation

5.6.1 Global market from frequency regulation, 2014 – 2025

5.6.2 Global market from frequency regulation, by region, 2014 – 2025

5.7 Other

5.7.1 Global market from other, 2014 – 2025

5.7.2 Global market from other, by region, 2014 – 2025

Chapter 6 Energy Storage Systems Market, By Region

6.1 Energy storage systems market share by region, 2018 & 2025

6.2 North America

6.2.1 North America market, 2014 – 2025

6.2.2 North America market, by technology, 2014 – 2025

6.2.2.1 North America market, by electro-chemical, 2014 – 2025

6.2.2.2 North America market, by electro-mechanical, 2014 – 2025

6.2.2.3 North America market, by thermal, 2014 – 2025

6.2.3 North America market, by application, 2014 – 2025

6.2.4 U.S.

6.2.4.1 U.S. market, 2014 – 2025

6.2.4.2 U.S. market, by technology, 2014 – 2025

6.2.4.2.1U.S. market, by electro-chemical, 2014 – 2025

6.2.4.2.2U.S. market, by electro-mechanical, 2014 – 2025

6.2.4.2.3U.S. market, by thermal, 2014 – 2025

6.2.4.3 U.S. market, by application, 2014 – 2025

6.2.5 Canada

6.2.5.1 Canada market, 2014 – 2025

6.2.5.2 Canada market, by technology, 2014 – 2025

6.2.5.2.1Canada market, by electro-chemical, 2014 – 2025

6.2.5.2.2Canada market, by electro-mechanical, 2014 – 2025

6.2.5.2.3Canada market, by thermal, 2014 – 2025

6.2.5.3 Canada market, by application, 2014 – 2025

6.3 Europe

6.3.1 Europe market, 2014 – 2025

6.3.2 Europe market, by technology, 2014 – 2025

6.3.2.1 Europe market, by electro-chemical, 2014 – 2025

6.3.2.2 Europe market, by electro-mechanical, 2014 – 2025

6.3.2.3 Europe market, by thermal, 2014 – 2025

6.3.3 Europe market, by application, 2014 – 2025

6.3.4 Germany

6.3.4.1 Germany market, 2014 – 2025

6.3.4.2 Germany market, by technology, 2014 – 2025

6.3.4.2.1Germany market, by electro-chemical, 2014 – 2025

6.3.4.2.2Germany market, by electro-mechanical, 2014 – 2025

6.3.4.2.3Germany market, by thermal, 2014 – 2025

6.3.4.3 Germany market, by application, 2014 – 2025

6.3.5 UK

6.3.5.1 UK market, 2014 – 2025

6.3.5.2 UK market, by technology, 2014 – 2025

6.3.5.2.1UK market, by electro-chemical, 2014 – 2025

6.3.5.2.2UK market, by electro-mechanical, 2014 – 2025

6.3.5.2.3UK market, by thermal, 2014 – 2025

6.3.5.3 UK market, by application, 2014 – 2025

6.3.6 France

6.3.6.1 France market, 2014 – 2025

6.3.6.2 France market, by technology, 2014 – 2025

6.3.6.2.1France market, by electro-chemical, 2014 – 2025

6.3.6.2.2France market, by electro-mechanical, 2014 – 2025

6.3.6.2.3France market, by thermal, 2014 – 2025

6.3.6.3 France market, by application, 2014 – 2025

6.3.7 Italy

6.3.7.1 Italy market, 2014 – 2025

6.3.7.2 Italy market, by technology, 2014 – 2025

6.3.7.2.1Italy market, by electro-chemical, 2014 – 2025

6.3.7.2.2Italy market, by electro-mechanical, 2014 – 2025

6.3.7.2.3Italy market, by thermal, 2014 – 2025

6.3.7.3 Italy market, by application, 2014 – 2025

6.3.8 Spain

6.3.8.1 Spain market, 2014 – 2025

6.3.8.2 Spain market, by technology, 2014 – 2025

6.3.8.2.1Spain market, by electro-chemical, 2014 – 2025

6.3.8.2.2Spain market, by electro-mechanical, 2014 – 2025

6.3.8.2.3Spain market, by thermal, 2014 – 2025

6.3.8.3 Spain market, by application, 2014 – 2025

6.3.9 Russia

6.3.9.1 Russia market, 2014 – 2025

6.3.9.2 Russia market, by technology, 2014 – 2025

6.3.9.2.1Russia market, by electro-chemical, 2014 – 2025

6.3.9.2.2Russia market, by electro-mechanical, 2014 – 2025

6.3.9.2.3Russia market, by thermal, 2014 – 2025

6.3.9.3 Russia market, by application, 2014 – 2025

6.4 Asia Pacific

6.4.1 Asia Pacific market, 2014 – 2025

6.4.2 Asia Pacific market, by technology, 2014 – 2025

6.4.2.1 Asia Pacific market, by electro-chemical, 2014 – 2025

6.4.2.2 Asia Pacific market, by electro-mechanical, 2014 – 2025

6.4.2.3 Asia Pacific market, by thermal, 2014 – 2025

6.4.3 Asia Pacific market, by application, 2014 – 2025

6.4.4 China

6.4.4.1 China market, 2014 – 2025

6.4.4.2 China market, by technology, 2014 – 2025

6.4.4.2.1China market, by electro-chemical, 2014 – 2025

6.4.4.2.2China market, by electro-mechanical, 2014 – 2025

6.4.4.2.3China market, by thermal, 2014 – 2025

6.4.4.3 China market, by application, 2014 – 2025

6.4.5 Japan

6.4.5.1 Japan market, 2014 – 2025

6.4.5.2 Japan market, by technology, 2014 – 2025

6.4.5.2.1Japan market, by electro-chemical, 2014 – 2025

6.4.5.2.2Japan market, by electro-mechanical, 2014 – 2025

6.4.5.2.3Japan market, by thermal, 2014 – 2025

6.4.5.3 Japan market, by application, 2014 – 2025

6.4.6 India

6.4.6.1 India market, 2014 – 2025

6.4.6.2 India market, by technology, 2014 – 2025

6.4.6.2.1India market, by electro-chemical, 2014 – 2025

6.4.6.2.2India market, by electro-mechanical, 2014 – 2025

6.4.6.2.3India market, by thermal, 2014 – 2025

6.4.6.3 India market, by application, 2014 – 2025

6.4.7 South Korea

6.4.7.1 South Korea market, 2014 – 2025

6.4.7.2 South Korea market, by technology, 2014 – 2025

6.4.7.2.1South Korea market, by electro-chemical, 2014 – 2025

6.4.7.2.2South Korea market, by electro-mechanical, 2014 – 2025

6.4.7.2.3South Korea market, by thermal, 2014 – 2025

6.4.7.3 South Korea market, by application, 2014 – 2025

6.4.8 Australia

6.4.8.1 Australia market, 2014 – 2025

6.4.8.2 Australia market, by technology, 2014 – 2025

6.4.8.2.1Australia market, by electro-chemical, 2014 – 2025

6.4.8.2.2Australia market, by electro-mechanical, 2014 – 2025

6.4.8.2.3Australia market, by thermal, 2014 – 2025

6.4.8.3 Australia market, by application, 2014 – 2025

6.5 Middle East & Africa

6.5.1 Middle East & Africa market, 2014 – 2025

6.5.2 Middle East & Africa market, by technology, 2014 – 2025

6.5.2.1 Middle East & Africa market, by electro-chemical, 2014 – 2025

6.5.2.2 Middle East & Africa market, by electro-mechanical, 2014 – 2025

6.5.2.3 Middle East & Africa market, by thermal, 2014 – 2025

6.5.3 Middle East & Africa market, by application, 2014 – 2025

6.5.4 Saudi Arabia

6.5.4.1 Saudi Arabia market, 2014 – 2025

6.5.4.2 Saudi Arabia market, by technology, 2014 – 2025

6.5.4.2.1Saudi Arabia market, by electro-chemical, 2014 – 2025

6.5.4.2.2Saudi Arabia market, by electro-mechanical, 2014 – 2025

6.5.4.2.3Saudi Arabia market, by thermal, 2014 – 2025

6.5.4.3 Saudi Arabia market, by application, 2014 – 2025

6.5.5 UAE

6.5.5.1 UAE market, 2014 – 2025

6.5.5.2 UAE market, by technology, 2014 – 2025

6.5.5.2.1UAE market, by electro-chemical, 2014 – 2025

6.5.5.2.2UAE market, by electro-mechanical, 2014 – 2025

6.5.5.2.3UAE market, by thermal, 2014 – 2025

6.5.5.3 UAE market, by application, 2014 – 2025

6.5.6 South Africa

6.5.6.1 South Africa market, 2014 – 2025

6.5.6.2 South Africa market, by technology, 2014 – 2025

6.5.6.2.1South Africa market, by electro-chemical, 2014 – 2025

6.5.6.2.2South Africa market, by electro-mechanical, 2014 – 2025

6.5.6.2.3South Africa market, by thermal, 2014 – 2025

6.5.6.3 South Africa market, by application, 2014 – 2025

6.6 Latin America

6.6.1 Latin America market, 2014 – 2025

6.6.2 Latin America market, by technology, 2014 – 2025

6.6.2.1 Latin America market, by electro-chemical, 2014 – 2025

6.6.2.2 Latin America market, by electro-mechanical, 2014 – 2025

6.6.2.3 Latin America market, by thermal, 2014 – 2025

6.6.3 Latin America market, by application, 2014 – 2025

6.6.4 Brazil

6.6.4.1 Brazil market, 2014 – 2025

6.6.4.2 Brazil market, by technology, 2014 – 2025

6.6.4.2.1Brazil market, by electro-chemical, 2014 – 2025

6.6.4.2.2Brazil market, by electro-mechanical, 2014 – 2025

6.6.4.2.3Brazil market, by thermal, 2014 – 2025

6.6.4.3 Brazil market, by application, 2014 – 2025

6.6.5 Argentina

6.6.5.1 Argentina market, 2014 – 2025

6.6.5.2 Argentina market, by technology, 2014 – 2025

6.6.5.2.1Argentina market, by electro-chemical, 2014 – 2025

6.6.5.2.2Argentina market, by electro-mechanical, 2014 – 2025

6.6.5.2.3Argentina market, by thermal, 2014 – 2025

6.6.5.3 Argentina market, by application, 2014 – 2025

6.6.6 Mexico

6.6.6.1 Mexico market, 2014 – 2025

6.6.6.2 Mexico market, by technology, 2014 – 2025

6.6.6.2.1Mexico market, by electro-chemical, 2014 – 2025

6.6.6.2.2Mexico market, by electro-mechanical, 2014 – 2025

6.6.6.2.3Mexico market, by thermal, 2014 – 2025

6.6.6.3 Mexico market, by application, 2014 – 2025

Chapter 7 Company Profiles

7.1 Samsung SDI Co. Ltd

7.1.1 Business Overview

7.1.2 Financial Data

7.1.3 Product Landscape

7.1.4 Strategic Outlook

7.1.5 SWOT Analysis

7.2 Panasonic Corporation

7.2.1 Business Overview

7.2.2 Financial Data

7.2.3 Product Landscape

7.2.4 Strategic Outlook

7.2.5 SWOT Analysis

7.3 TESLA Inc

7.3.1 Business Overview

7.3.2 Financial Data

7.3.3 Product Landscape

7.3.4 Strategic Outlook

7.3.5 SWOT Analysis

7.4 GS Yuasa Corporation

7.4.1 Business Overview

7.4.2 Financial Data

7.4.3 Product Landscape

7.4.4 Strategic Outlook

7.4.5 SWOT Analysis

7.5 Hitachi Chemical Co Ltd

7.5.1 Business Overview

7.5.2 Financial Data

7.5.3 Product Landscape

7.5.4 Strategic Outlook

7.5.5 SWOT Analysis

7.6 LG Chem Ltd

7.6.1 Business Overview

7.6.2 Financial Data

7.6.3 Product Landscape

7.6.4 SWOT Analysis

7.7 Durapower

7.7.1 Business Overview

7.7.2 Financial Data

7.7.3 Product Landscape

<p style=”marg

By Technology

  • Pumped Hydro
  • Electro-Chemical
    • Lithium Ion Battery
    • Sodium Sulfur Battery
    • Lead Acid Battery
    • Flow Battery
    • Others
  • Electro-Mechanical
    • Flywheel
    • Compressed Air Energy Storage
  • Thermal
    • Water
    • Molten Salt
    • Phase Change Material
    • Others

By Application

  • Electric Energy Time Shift
  • Electric Supply Capacity
  • Black Start
  • Renewables Capacity Firming
  • Frequency Regulation
  • Others

Samsung SDI, Tesla Inc, Panasonic, Hitachi Chemical, GS Yuasa, J-Power, LG Chem, Exide Technologies, Toshiba, BYD Co, Sinohydro, Voith, EDF, Dongfang Electric, Goss Engineering, Evapco, Steffes Corporation, Genex Power Limited, Alstom and Schluchseewerk AG.

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