Global Lithium Ion Battery Energy Storage System Market Insights 2023, Analysis and Forecast to 2030, By Connection Type, Application, Capacity

  • Published Date : 14-09-2023
  • Pages : 100
  • Report Id : 40303
  • Categories : Energy & Power

This report describes the global market size of Lithium Ion Battery Energy Storage System Market from 2018 to 2022 and its CAGR from 2018 to 2022, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 15.1% from 2023 to 2030.

A lithium-ion battery energy storage system (LiB-ESS) is a type of battery storage system that uses lithium-ion batteries to store energy. LiB-ESSs are used in a variety of applications, including:

Renewable energy: LiB-ESSs can be used to store energy from renewable energy sources, such as solar and wind power. This allows renewable energy to be used when it is not being generated, such as at night or during periods of low wind.
Grid stabilization: LiB-ESSs can be used to stabilize the electric grid. This is important because the grid needs to be able to maintain a constant frequency and voltage in order to operate safely and reliably.
Peak shaving: LiB-ESSs can be used to shave peak demand. This is important because it can help to reduce the need for new power plants and transmission lines.
Load shifting: LiB-ESSs can be used to shift load from peak hours to off-peak hours. This can help to reduce the cost of electricity for consumers.

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Lithium Ion Battery Energy Storage System Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 15.1% during the forecast period 2023-2030. North American market for Lithium Ion Battery Energy Storage System Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.


For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America


The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

For competitor segment, the report include global key players of Lithium Ion Battery Energy Storage System Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share

By Connection Type
On-grid
Off-grid

Categorized according to the type of connection, the market is segmented into on-grid and off-grid connections. The lithium-ion battery energy storage system market is projected to experience significant growth throughout the forecast period. This growth can be attributed to the increasing demand for grid energy storage systems as part of ongoing grid modernization efforts and the swift adoption of lithium-ion batteries within the renewable energy sector.

By Application
Industrial
Residential
Commercial

Categorized by application, the market is segmented into industrial, commercial, and residential sectors. Additionally, the surge in the trend towards a low-carbon economy with reduced reliance on fossil fuels and the ongoing revolution in renewable energy are anticipated to drive the expansion of the lithium-ion battery energy storage system industry. Nevertheless, the substantial initial investment required for the installation of lithium-ion battery energy storage systems is acting as a restraint on market growth. Conversely, factors such as the rapid proliferation of rural electrification projects worldwide, a substantial increase in the demand for uninterrupted power supply especially for the growing number of data centers and the declining costs of lithium-ion batteries are expected to create significant opportunities for the adoption of lithium-ion battery energy storage systems in the near future.

By Capacity
0-10kW
20kW
50kW
Above 50kW

Categorized according to the type of Capacity, the market is segmented into 0-10kW, 20kW, 50kW, Above 50kW. The 20kW capacity segment projected to experience significant growth throughout the forecast period.

By Region
North America
APAC
Europe
South America
Middle East & Africa

In terms of geographical breakdown, the market is examined across North America, Europe, Asia-Pacific, and LAMEA, encompassing their significant countries.
On a country-specific level, the United States secured a substantial portion of the lithium-ion battery energy storage system market within the North American region. It is projected to witness a noteworthy Compound Annual Growth Rate (CAGR) during the forecast period of 2022-2031. The U.S. maintains a dominant stance in the lithium-ion battery energy storage system market due to increased investments by key players to enhance these systems for consumer electronics and IT & telecom applications.
Moving to Europe, the United Kingdom emerged as the leader in terms of revenue within the lithium-ion battery energy storage system market in 2021. This trend is anticipated to persist during the forecast period. In contrast, Germany is forecasted to emerge as the fastest-growing country in Europe's lithium-ion battery energy storage system sector, showcasing a remarkable CAGR. This growth is attributed to advancements in the automotive industry, propelling the utilization of microelectronics in the country and thereby fostering favorable opportunities for the lithium-ion battery energy storage system market in Germany.


By Company
Samsung Electronics Co.ltd
Panasonic Corporation
Parker Hannifin Corporation
Jakson Group
Toshiba Corporation
Honeywell International Inc
ABB ltd
Hitachi ltd
Siemens AG
LG Electronics Inc
Other Key players

Please ask for sample pages for full companies list

Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030

Any special requirements about this report, please let us know and we can provide custom report.


TABLE OF CONTENTS
1 REPORT OVERVIEW
1.1 MARKET INTRODUCTION
1.2 KEY MARKET SEGMENTS
1.3 PLAYERS COVERED
1.4 MARKET ANALYSIS BY Connection Type
1.4.1 Global lithium-ion battery energy storage system Market Size Growth Rate by Connection Type (2018-2030)
1.5 MARKET BY Application
1.5.1 Global lithium-ion battery energy storage system Market Share by Application (2018-2030)
1.6 STUDY OBJECTIVES
1.7 YEARS CONSIDERED
2 GLOBAL GROWTH TRENDS
2.1 GLOBAL lithium-ion battery energy storage system MARKET SIZE
2.2 REGULATORY FRAMEWORK
2.3 IMPACT OF COVID-19
2.4 RUSSIA-UKRAINE CRISIS IMPLICATIONS
2.5 INDUSTRY TRENDS
2.5.1 Market Top Trends
2.5.2 Market Drivers
2.5.3 Market Restraints
2.5.4 Market Opportunities
2.5.5 Porterís Five Forces Analysis
2.5.6 PESTLE Analysis
2.5.7 SWOT Analysis
2.5.8 Opportunity Orbit
2.5.9 Connection Type Roadmap
2.5.10 Go to Market Strategy
3 ANALYSIS OF DATA BY Connection Type AND Application
3.1 GLOBAL lithium-ion battery energy storage system MARKET SIZE BY Connection Type (2018-2030)
3.2 GLOBAL lithium-ion battery energy storage system MARKET SIZE BY Application (2018-2030)
4 NORTH AMERICA
4.1 NORTH AMERICA lithium-ion battery energy storage system MARKET (2018-2030)
4.2 NORTH AMERICA lithium-ion battery energy storage system MARKET SIZE BY Connection Type
4.3 NORTH AMERICA lithium-ion battery energy storage system MARKET SIZE BY Application
4.4 NORTH AMERICA lithium-ion battery energy storage system MARKET SIZE BY COUNTRY
5 EUROPE
5.1 EUROPE lithium-ion battery energy storage system MARKET (2018-2030)
5.2 EUROPE lithium-ion battery energy storage system MARKET SIZE BY Connection Type
5.3 EUROPE lithium-ion battery energy storage system MARKET SIZE BY Application
5.4 EUROPE lithium-ion battery energy storage system MARKET SIZE BY COUNTRY
6 ASIA PACIFIC
6.1 ASIA PACIFIC lithium-ion battery energy storage system MARKET (2018-2030)
6.2 ASIA PACIFIC lithium-ion battery energy storage system MARKET SIZE BY Connection Type
6.3 ASIA PACIFIC lithium-ion battery energy storage system MARKET SIZE BY Application
6.4 ASIA PACIFIC lithium-ion battery energy storage system MARKET SIZE BY COUNTRY
7 SOUTH AMERICA
7.1 SOUTH AMERICA lithium-ion battery energy storage system MARKET (2018-2030)
7.2 SOUTH AMERICA lithium-ion battery energy storage system MARKET SIZE BY Connection Type
7.3 SOUTH AMERICA lithium-ion battery energy storage system MARKET SIZE BY Application
7.4 SOUTH AMERICA lithium-ion battery energy storage system MARKET SIZE BY COUNTRY
8 MIDDLE-EAST & AFRICA
8.1 MIDDLE-EAST & AFRICA lithium-ion battery energy storage system MARKET (2018-2030)
8.2 MIDDLE-EAST & AFRICA lithium-ion battery energy storage system MARKET SIZE BY Connection Type
8.3 MIDDLE-EAST & AFRICA lithium-ion battery energy storage system MARKET SIZE BY Application
8.4 MIDDLE-EAST AFRICA lithium-ion battery energy storage system MARKET SIZE BY COUNTRY
9 KEY PLAYERS PROFILES
9.1 Samsung Electronics Co.ltd
9.1.1 Company Details
9.1.2 Business Overview
9.1.3 Connection Types & Services
9.1.4 Financial Overview (2018-2030)
9.1.5 Recent Development
9.2 Panasonic Corporation
9.2.1 Company Details
9.2.2 Business Overview
9.2.3 Connection Types & Services
9.2.4 Financial Overview (2018-2030)
9.2.5 Recent Development
9.3 Parker Hannifin Corporation
9.3.1 Company Details
9.3.2 Business Overview
9.3.3 Connection Types & Services
9.3.4 Financial Overview (2018-2030)
9.3.5 Recent Development
9.4 Jakson Group
9.5 Toshiba Corporation
9.6 Honeywell International Inc
9.7 COMPANY 7*
9.8 COMPANY 8*
9.9 COMPANY 9*
9.10 COMPANY 10*
10 MARKET SHARE BY KEY PLAYERS
10.1 lithium-ion battery energy storage system MARKET SIZE BY PLAYERS
10.1.1 Global lithium-ion battery energy storage system Revenue by Players (2021)
10.1.2 Global lithium-ion battery energy storage system Revenue Market Share by Players (2021)
10.2 MOST ADOPTED STRATEGIES
10.3 MOST ACTIVE COMPANIES
10.4 MARKET COMPETITION ANALYSIS
11 APPENDIX
11.1 RESEARCH METHODOLOGY
11.2 PRIMARY RESEARCH
11.3 SECONDARY RESEARCH
11.4 DISCLAIMER

LIST OF TABLES
Table 1. lithium-ion battery energy storage system Key Players Covered in 2021
Table 2. Global lithium-ion battery energy storage system Market Size Growth Rate by Connection Type (2018-2030) (Million US$)
Table 3. Global lithium-ion battery energy storage system Market Size Growth by Application (2018-2030) (Million US$)
Table 4. Key Trends
Table 5. Key Drivers: Impact Analysis (2018-2030)
Table 6. Key Restraints
Table 7. Global lithium-ion battery energy storage system Market Size by Connection Type (2018-2030) (Million US$)
Table 8. Global lithium-ion battery energy storage system Market Size Share by Connection Type (2018-2030)
Table 9. Global lithium-ion battery energy storage system Market Size Share by Application (2018-2030)
Table 10. North America lithium-ion battery energy storage system Market Size Share by Connection Type (2018-2030)
Table 11. North America lithium-ion battery energy storage system Market Size by Application (2018-2030) (Million US$)
Table 12. North America lithium-ion battery energy storage system Market Size Share by Application (2018-2030)
Table 13. North America lithium-ion battery energy storage system Market Size by country (2018-2030) (Million US$)
Table 14. North America lithium-ion battery energy storage system Market Share by country (2018-2030)
Table 15. By Country
Table 16. Europe lithium-ion battery energy storage system Market Size by Connection Type (2018-2030) (Million US$)
Table 17. Europe lithium-ion battery energy storage system Market Share by Connection Type (2018-2030)
Table 18. Europe lithium-ion battery energy storage system Market Size by Application (2018-2030) (Million US$)
Table 19. Europe lithium-ion battery energy storage system Market Share by Application (2018-2030)
Table 20. Europe lithium-ion battery energy storage system Market Size by country (2018-2030) (Million US$)
Table 21. Europe lithium-ion battery energy storage system Market share by country (2018-2030)
Table 22. Asia Pacific lithium-ion battery energy storage system Market Size by Connection Type (2018-2030) (Million US$)
Table 23. Asia Pacific lithium-ion battery energy storage system Market Share by Connection Type (2018-2030)
Table 24. Asia Pacific lithium-ion battery energy storage system Market Size by Application (2018-2030) (Million US$)
Table 25. Asia Pacific lithium-ion battery energy storage system Market Share by Application (2018-2030)
Table 26. APAC lithium-ion battery energy storage system Market Size by country (2018-2030) (Million US$)
Table 27. APAC lithium-ion battery energy storage system Market share by country (2018-2030)
Table 28. South America lithium-ion battery energy storage system Market Size by Connection Type (2018-2030) (Million US$)
Table 29. South America lithium-ion battery energy storage system Market Share by Connection Type (2018-2030)
Table 30. South America lithium-ion battery energy storage system Market Size by Application (2018-2030) (Million US$)
Table 31. South America lithium-ion battery energy storage system Market Share by Application (2018-2030)
Table 32. South America lithium-ion battery energy storage system Market Size by country (2018-2030) (Million US$)
Table 33. South America lithium-ion battery energy storage system Market share by country (2018-2030)
Table 34. The Middle-East & Africa lithium-ion battery energy storage system Market Size by Connection Type (2018-2030) (Million US$)
Table 35. The Middle-East & Africa lithium-ion battery energy storage system Market Share by Connection Type (2018-2030)
Table 36. The Middle-East & Africa lithium-ion battery energy storage system Market Size by Application (2018-2030) (Million US$)
Table 37. The Middle-East & Africa lithium-ion battery energy storage system Market Share by Application (2018-2030)
Table 38. The MEA lithium-ion battery energy storage system Market Size by country (2018-2030) (Million US$)
Table 39. The MEA lithium-ion battery energy storage system Market share by country (2018-2030)
Table 40. Samsung Electronics Co.ltd Details
Table 41. Business Overview
Table 42. Connection Types & services
Table 43. Financial Overview (2018-2030) (Million US$)
Table 44. Recent Development
Table 45. Panasonic Corporationy Details
Table 46. Business Overview
Table 47. Connection Types & services
Table 48. Financial Overview (2018-2030) (Million US$)
Table 49. Recent Development
Table 50. Parker Hannifin Corporation Company Details
Table 51. Business Overview
Table 52. Connection Types & services
Table 53. Financial Overview (2018-2030) (Million US$)
Table 54. Recent Development
Table 55. Global lithium-ion battery energy storage system Revenue by Players (2021) (Million US$)
Table 56. Global lithium-ion battery energy storage system Market Share by Players (2021)

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LIST OF FIGURES

Figure 1. Global lithium-ion battery energy storage system Market Share by Connection Type in 2021 & 2028
Figure 2. Global lithium-ion battery energy storage system Market Share by Application in 2021 & 2028
Figure 3. lithium-ion battery energy storage system Report Years Considered
Figure 4. Global lithium-ion battery energy storage system Market Size and Growth Rate 2018-2030 (Million US$)
Figure 5. Porter's Five Forces Analysis
Figure 6. Global lithium-ion battery energy storage system Market Size by Connection Type Growth Rate 2018-2030 (Million US$)
Figure 7. Global lithium-ion battery energy storage system Market Size by Application Growth Rate 2018-2030 (Million US$)
Figure 8. North America lithium-ion battery energy storage system Market Size 2018-2030 (Million US$)
Figure 9. Europe lithium-ion battery energy storage system Market Size 2018-2030 (Million US$)
Figure 10. Asia Pacific lithium-ion battery energy storage system Market Size 2018-2030 (Million US$)
Figure 11. South America lithium-ion battery energy storage system Market Size 2018-2030 (Million US$)
Figure 12. The Middle-East & Africa lithium-ion battery energy storage system Market Size 2018-2030 (Million US$)
Figure 1. Samsung Electronics Co.ltd Revenue in (2019-2021)
Figure 2. Revenue Growth Rate (2018-2030)
Figure 3. Revenue Growth Rate in (2018-2030)
Figure 4. Global lithium-ion battery energy storage system Market Share by Players in 2021

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