Global Grid Scale Energy Storage Market (2019-2025) | Size, Forecast, Value, Industry, Companies, Revenue, Growth, Share, Analysis, Outlook & Trends

With rising concerns regarding depleting natural resources such as coal, natural gas, and petroleum, as well as growing concern for rising pollution caused by the use of nuclear powerplants for energy production are the key factors driving the demand for grid-scale energy storage market over the coming years. Moreover, the growing need for electrification and surging expansion in the electricity supply would positively influence market growth in the future.

According to 6Wresearch, Global Grid-Scale Energy Storage Market size is anticipated to register growth during 2019-25. Government regulations for mandatory adoption of grid-scale energy storage systems have led to an increase in the investor's interest and user demand for the installation of the energy storage systems. For instance, Order Instituting Rulemaking (OIR) is opened by the California Public Utilities (CPUC or Commission) for the establishment of energy storage procurement and storage framework leading to a surge in demand for the grid-scale energy storage market.

North America is the leading region in the global grid-scale energy storage market owing to supportive government initiatives to promote clean energy. However, the Asia Pacific region is anticipated to be one of the major revenue generators over the coming years. Pumped hydroelectric power storage segment acquired a major share of market revenue pie in 2018, and is projected to lead the demand during the forecast period as well owing to its large capacity for energy storage.

The global grid-scale energy storage market report thoroughly covers the market by storage technology, applications, regions including North America, Latin America, Europe, APAC, MEA, and key countries. The global grid-scale energy storage market outlook report provides an unbiased and detailed analysis of the on-going global grid-scale energy storage market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Global grid-scale energy storage market is anticipated to witness progressive growth in the upcoming years on the back of rising electricity price crisis which would be the major factor driving the significant installation of energy storage systems. Owing to the rising effort of the government by providing a smooth supply to avoid the disparity between demand and supply of electricity would proliferate the growth of the market. On the basis of region, Asia Pacific grid-scale energy storage market is expected to dominate the overall market growth by the introduction of varied projects such as solar PV power projects integrated with BESS which is expected to spur the adoption for the energy storage system and would instigate the growth of Global grid-scale energy storage market in the coming years.

Key Highlights of the Report:

• Global Grid-Scale Energy Storage Market Overview
• Global Grid-Scale Energy Storage Market Outlook
• Global Grid-Scale Energy Storage Market Forecast
• Historical Data of Global Grid-Scale Energy Storage Market Revenues for the Period 2015-2018
• Global Grid-Scale Energy Storage Market Size and Global Grid-Scale Energy Storage Market Forecast of Revenues & Volume, Until 2025
• Historical Data of Global Grid-Scale Energy Storage Market Revenues, by Storage Technology, for the Period 2015-2018
• Market Size & Forecast of Global Grid-Scale Energy Storage Market Revenues, by Storage Technology, Until 2025
• Historical Data of Global Grid-Scale Energy Storage Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Global Grid-Scale Energy Storage Market Revenues, By Applications, Until 2025
• Historical Data of North America Grid-Scale Energy Storage Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Grid-Scale Energy Storage Market Revenues, Until 2025
• Historical Data of Latin America Grid-Scale Energy Storage Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Latin America Grid-Scale Energy Storage Market Revenues, Until 2025
• Historical Data of Europe Grid-Scale Energy Storage Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Grid-Scale Energy Storage Market Revenues, Until 2025
• Historical Data of Asia Pacific Grid-Scale Energy Storage Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Asia Pacific Grid-Scale Energy Storage Market Revenues, Until 2025
• Historical Data of the Middle East & Africa Grid-Scale Energy Storage Market Revenues, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa Grid-Scale Energy Storage Market Revenues, Until 2025
• Market Drivers and Restraints
• Global Grid-Scale Energy Storage Market Price Trends
• Global Grid-Scale Energy Storage Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Global Grid-Scale Energy Storage Market Share, By Players
• Global Grid-Scale Energy Storage Market Share, By Regions
• Global Grid-Scale Energy Storage Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Grid-Scale Energy Storage Market report provides a detailed analysis of the following market segments:

• By Storage:
  • Battery Storage
  • Flywheel Energy Storage
  • Pumped Hydroelectric Power storage
  • Thermal Energy Storage
  • Compressed Air
• By Applications: 
  
  • EV Charging
  • UPS
  • Renewable energy Integration
  • Microgrids
  • Other Applications
• By Regions: 
  
  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Other Key Reports Available:

• North America Grid-Scale Energy Storage Market Report
• Latin America Grid-Scale Energy Storage Market Report
• Europe Grid-Scale Energy Storage Market Report
• Asia-Pacific Grid-Scale Energy Storage Market Report
• The Middle East & Africa Grid-Scale Energy Storage Market Report

Frequently Asked Questions About the Market Study (FAQs):