The Global Advanced Energy Storage Systems Market is poised to grow at a CAGR of around 16.6% over the next decade to reach approximately $11.4 billion by 2025.
This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
Some of the prominent trends that the market is witnessing include growth in adoption of renewable energy; the current trend in the automotive sector is electric mobility, which creates the demand for the energy storage systems and growth in adoption of energy storage systems in transportation.
Based on Technology the market is categorized into thermal technology, mechanical systems, electrochemical systems, electrical systems, chemical systems, biological systems and other technologies.
Depending on Application the market is categorized into transportation, grid storage, fuel production, fuel delivery, electricity generation, electricity delivery and management, automotive and other applications.
Depending on the end users the market is segmented by utility, residential & non-residential, industrial, electric vehicles, buildings and other end users.
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities - Market forecasts till 2025, using estimated market values as the base numbers - Key market trends across the business segments, Regions and Countries - Key developments and strategies observed in the market - Market Dynamics such as Drivers, Restraints, Opportunities and other trends - In-depth company profiles of key players and upcoming prominent players - Growth prospects among the emerging nations through 2025 - Market opportunities and recommendations for new investments
Key Topics Covered:
1 Market Outline
2 Executive Summary
3 Market Overview 3.1 Current Trends 3.1.1 Growth in adoption of renewable energy 3.1.2 The current trend in the automotive sector is electric mobility, which creates the demand for the energy storage systems 3.1.3 Growth in adoption of energy storage systems in transportation 3.2 Drivers 3.3 Constraints 3.4 Industry Attractiveness
4 Advanced Energy Storage Systems Market, By Technology 4.1 Thermal technology 126.96.36.199 Thermal energy storage 188.8.131.52 Steam accumulator 184.108.40.206 Solar pond 220.127.116.11 Seasonal thermal energy storage 18.104.22.168 Molten salt 22.214.171.124 Ice storage 126.96.36.199 Pumped Heat Electrical Storage (PHES) 188.8.131.52 Eutectic system 184.108.40.206 Concentrated Solar Power (CSP) 4.2 Mechanical systems 4.2.1 Mechanical systems 220.127.116.11 Locomotive 18.104.22.168 Hydroelectric energy storage 22.214.171.124 Hydraulic accumulator 126.96.36.199 Flywheel 188.8.131.52 Fireless 184.108.40.206 Liquid Air Energy Storage (LAES) 220.127.116.11 Compressed Air Energy Storage (CAES) 4.3 Electrochemical systems 18.104.22.168 Rechargeable batteries 22.214.171.124.1.1 Sodium Sulphur (NaS) Battery 126.96.36.199.1.2 Nickel Cadmium 188.8.131.52.1.3 Lithium ion Battery 184.108.40.206.1.4 Lead Acid battery 220.127.116.11 Flow batteries 18.104.22.168.1.1 Zinc-Bromine battery (ZNBR) 22.214.171.124.1.2 Vanadium redox battery (VRB) 126.96.36.199.1.3 Redox-Flow 188.8.131.52.1.4 Iron- Chromium (ICB) 4.4.1 Electrical systems Market Forecast to 2025 (US$ MN) 184.108.40.206 Supercapacitors 220.127.116.11 Superconducting Magnets (SMES) 4.5 Chemical systems 18.104.22.168 Solar Power to gas 22.214.171.124 Liquid nitrogen 126.96.36.199 Hydrogen 188.8.131.52 Biofuels 184.108.40.206 Hydrated salts 4.6 Biological systems 220.127.116.11 Starch 18.104.22.168 Glycogen 4.7 Other Technologies 22.214.171.124 Synthetic Gas 126.96.36.199 Fuel cells 188.8.131.52 Pumped Hydro Storage 184.108.40.206 Super magnets 220.127.116.11 Advanced battery energy storage
5 Advanced Energy Storage Systems Market, By Application 5.1 Transportation 5.2 Grid Storage 5.3 Fuel production 5.4 Fuel delivery 5.5 Electricity generation 5.6 Electricity delivery and Management 5.7 Automotive 5.8 Other Applications
6 Advanced Energy Storage Systems Market, By End User 6.1 Utility 6.2 Residential & Non-Residential 6.3 Industrial 6.4 Electric Vehicles 6.5 Buildings 6.6 Other End Users 6.6.1 Other End Users Market Forecast to 2025 (US$ MN)
7 Advanced Energy Storage Systems Market, By Geography
8 Key Player Activities 8.1 Acquisitions & Mergers 8.2 Agreements, Partnerships, Collaborations and Joint Ventures 8.3 Product Launch & Expansions 8.4 Other Activities
9 Leading Companies 9.1 ZBB systems 9.2 Toshiba Corporation 9.3 Samsung SDI, Co., Ltd 9.4 Saft 9.5 Nippon Chemi-Con Corporation 9.6 NGK Insulators Ltd 9.7 Maxwell Technologies Inc 9.8 LG Chem. Ltd 9.9 Hitachi Ltd 9.10 GS Yuasa Corporation 9.11 Exide Technologies 9.12 Enersys 9.13 China BAK Batteries, Inc 9.14 Calmac Manufacturing Corp 9.15 BYD Company Ltd. 9.16 Beacon Power LLC 9.17 Alevo 9.18 AES Energy Storage 9.19 ABB Limited 9.20 A123 Systems LLC