Increasing adoption of renewable energy in the Middle East and Africa region would lead to a surge in demand for grid scale energy storage over the coming years. Also, the African Renewable Energy Initiative, led by the African Union and the UN Environment Program would positively influence the demand for grid scale energy storage market in the region.
According to 6Wresearch, Middle East And Africa (MEA) Grid Scale Energy Storage Market size is anticipated to register growth during 2019-25. Battery energy storage has acquired the majority of the market revenues in 2018 owing to the low acquisition cost of the technology. However, Flywheel storage technology is projected to witness substantial growth during the forecast period due to the growing adoption of electric vehicles.
UAE is the leading revenue generating country in the MEA grid-scale energy storage market owing to the growing government expenditure on renewable energy generation. By 2050, the United Arab Emirates government has targets to generate almost half of its electricity through renewable resources. UAE recently integrated NGK CISC 648MWh project in Abu Dhabi to provide up to 6 hours of energy and reduces strain on the grid. However, Saudi Arabia is expected to witness substantial market growth during the forecast period due to the installation of grid scale energy storage system in the smart city projects.
The Middle East and Africa grid scale energy storage market report thoroughly covers the market by storage technology, applications and countries including Turkey, Saudi Arabia, UAE, Qatar, Oman, Bahrain, Kuwait, Egypt, Nigeria and South Africa and rest of MEA region. The Middle East and Africa grid scale energy storage market outlook report provides an unbiased and detailed analysis of the on-going Middle East and Africa 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.
Key Highlights of the Report:
- Middle East and Africa Grid Scale Energy Storage Market Overview
- Middle East and Africa Grid Scale Energy Storage Market Outlook
- Middle East and Africa Grid Scale Energy Storage Market Forecast
- Historical Data of Middle East and Africa Grid Scale Energy Storage Market Revenues for the Period 2015-2018
- Middle East and Africa Grid Scale Energy Storage Market Size and Middle East and Africa Grid Scale Energy Storage Market Forecast of Revenues, Until 2025
- Historical Data of Middle East and Africa Grid Scale Energy Storage Market Revenues, by Storage Technology, for the Period 2015-2018
- Market Size & Forecast of Middle East and Africa Grid Scale Energy Storage Market Revenues, by Storage Technology, Until 2025
- Historical Data of Middle East and Africa Grid Scale Energy Storage Market Revenues, By Applications, for the Period 2015-2018
- Market Size & Forecast of Middle East and Africa Grid Scale Energy Storage Market Revenues, By Applications, Until 2025
- Historical Data of UAE Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of UAE Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Saudi Arabia Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Saudi Arabia Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Turkey Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Turkey Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Kuwait Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Kuwait Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Qatar Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Qatar Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Bahrain Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Bahrain Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Oman Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Oman Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of South Africa Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of South Africa Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Egypt Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Egypt Grid Scale Energy Storage Market Revenues, Until 2025
- Historical Data of Nigeria Grid Scale Energy Storage Market Revenues, for the Period 2015-2018
- Market Size & Forecast of Nigeria Grid Scale Energy Storage Market Revenues, Until 2025
- Market Drivers and Restraints
- Middle East and Africa Grid Scale Energy Storage Market Price Trends
- Middle East and Africa Grid Scale Energy Storage Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Middle East and Africa Grid Scale Energy Storage Market Share, By Players
- Middle East and Africa Grid Scale Energy Storage Market Share, By Regions
- Middle East and Africa Grid Scale Energy Storage Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Middle East and Africa 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
- Micro grids
- Other Applications
- By Countries:
- UAE
- Saudi Arabia
- Turkey
- Kuwait
- Qatar
- Bahrain
- Oman
- South Africa
- Egypt
- Nigeria
- Rest of MEA region
Other Key Reports Available:
- UAE Grid Scale Energy Storage Market Report
- Saudi Arabia Grid Scale Energy Storage Market Report
- Turkey Grid Scale Energy Storage Market Report
- Kuwait Grid Scale Energy Storage Market Report
- Qatar Grid Scale Energy Storage Market Report
- Oman Grid Scale Energy Storage Market Report
- Bahrain Grid Scale Energy Storage Market Report
- South Africa Grid Scale Energy Storage Market Report
- Egypt Grid Scale Energy Storage Market Report
- Nigeria Grid Scale Energy Storage Market Report
