6wresearch logo

Australia Energy Storage Systems Market (2017-2023)

Market Forecast By Technologies (Electrochemical (Lithium Ion, Lead Acid and Flow Battery & Others), Mechanical (Flywheel), Thermal (Molten Salt) and Others), By Applications (Residential, Commercial & Industrial, Power Utilities and Transportation), By Regions (New South Wales, Victoria, Queensland, South Australia, Western Australia, Tasmania and Northern Territory) and Competitive Landscape

  • Product Code:ETC000416
  • Publication Date:November 2017
  • Publisher:6Wresearch
  • Product Type:Report
  • No. of Pages:115
  • No. of Figures:46
  • No. of Tables:5

Ask The Analyst For

Australia Energy Storage Systems Market (2017-2023)

Request a sample for

Australia Energy Storage Systems Market (2017-2023)

Australia Energy Storage Systems Market (2017-2023)


  • Report Description
  • Table of Content
  • Summary
  • Related Topics

Rising electricity prices, falling battery costs and a nationwide shift towards renewable energy dependence would be major factors responsible for the growth of the energy storage systems market in Australia. The Australian Government's Renewable Energy Target scheme and the Next Generation Renewables Program are also expected to drive the growth of Australia energy storage systems market forecast period revenues.

According to 6Wresearch, the Australia energy storage systems market size is projected to grow at a CAGR of 30.1% during 2017-23. The Government of Australia has its Renewable Energy Target (RET) scheme in place, the aim of which is to increase the energy dependence of the country on renewable sources by setting up multiple renewable energy power projects all across the nation. The energy storage system market in Australia is dominated largely by electrochemical energy storage solutions and this trend is expected to continue in the coming years. According to the Australian Renewable Energy Agency, the price of Lithium-Ion batteries is expected to fall by almost 60% by 2020 and is predicted to emerge as the leader in terms of market revenue share in the forecast period.

The state of New South Wales captured largest Australia energy storage systems market share in 2016. During 2017-23, the states of New South Wales, Queensland and Victoria are expected to be the leaders in market revenue share terms due to a number of power utility and storage products under construction or announced for these regions.

The Australia energy storage systems market report comprehensively covers the Australian Energy Storage Systems Market by technologies, verticals and regions. The Australia energy storage systems market outlook report gives an unbiased and detailed analysis of the Australia energy storage systems market trends, opportunities and market drivers that would help stakeholders to design and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report
• Australia Energy Storage Systems Market Overview
• Australia Energy Storage Systems Market Outlook
• Historical Data of Global Energy Storage Systems Market Revenues for the Period 2014-2016.
• Market Size & Forecast of Global Energy Storage Systems Market Revenues until 2023.
• Historical Data of Australia Energy Storage Systems Market Revenues for the Period 2014-2016.
• Australia Energy Storage Systems Market Size & Australia Energy Storage Systems Market Forecast
  of Revenues, until 2023.
• Historical Data of Australia Energy Storage Systems Market Revenues for the Period 2014-2016, By Technology.
• Market Size & Forecast of Australia Energy Storage Systems Market Revenues until 2023, By Technology.
• Historical Data of Australia Energy Storage Systems Market Revenues for the Period 2014-2016, By Verticals.
• Market Size & Forecast of Australia Energy Storage Systems Market Revenues until 2023, By Verticals.
• Historical & Forecast Data of Australia Energy Storage Systems Regional Market Revenues for the Period 2014-2023.
• Australia Energy Storage Systems Market Drivers and Restraints.
• Australia Energy Storage Systems Market Trends and Developments.
• Australia Energy Storage Systems Market Share, by Players
• Australia Energy Storage Systems Market Overview on Competitive Landscape.
• Company Profiles.
• Strategic Pointers.

Markets Covered
The Australia Energy Storage Systems Market report provides a detailed analysis of the following market segments:
• By Technologies:
    o Electrochemical
               Lithium Ion
               Lead Acid
               Flow Battery & Others
    o Mechanical (Flywheel)
    o Thermal (Molten Salt)
    o Others
• By Applications:
    o Residential
    o Commercial & Industrial
    o Power Utilities
    o Transportation
• By Regions:
    o New South Wales
    o Victoria
    o Queensland
    o South Australia
    o Western Australia
    o Tasmania
    o Northern Territory

1 Executive Summary
2 Introduction
    2.1 Report Description
    2.2 Key Highlights of The Report
    2.3 Market Scope & Segmentation
    2.4 Research Methodology
    2.5 Assumptions
3 Global Energy Storage Systems Market Overview
    3.1 Global Energy Storage Systems Market Revenues (2014-2023F)
4 Australia Power Sector Outlook
    4.1 Australia Power Sector Overview
5 Australia Energy Storage Systems Market Overview
    5.1 Australia Energy Storage Systems Market Revenues (2014-2023F)
    5.2 Australia Energy Storage Systems Market Overview
    5.3 Australia Energy Storage Systems Market Revenue Share, By Technology (2016 & 2023F)
    5.4 Australia Energy Storage Systems Market Revenue Share, By Applications (2016 & 2023F)
    5.5 Australia Energy Storage Systems Market Revenue Share, By Regions (2016 & 2023F)
    5.6 Australia Energy Storage Systems Market Industry Life Cycle (2016)
    5.7 Australia Energy Storage Systems Market Porter's Five Forces (2016)
6 Australia Energy Storage Systems Market Dynamics
    6.1 Impact Analysis
    6.2 Market Drivers
    6.3 Market Restraints
7 Australia Energy Storage Systems Market Trends
    7.1 Molten Silicon Thermal Energy Storage
    7.2 Solar Plus Storage Systems
8 Australia Energy Storage Systems Market Overview, By Technology
    8.1 Australia Electrochemical Energy Storage Systems Market Revenues (2014-2023F)
    8.2 Australia Electrochemical Energy Storage Systems Market Overview
    8.3 Australia Electrochemical Energy Storage Systems Market Revenues, By Type
          8.3.1 Australia Lithium-Ion Energy Storage Systems Market Revenues (2014-2023F)
          8.3.2 Australia Lead Acid Energy Storage Systems Market Revenues (2014-2023F)
          8.3.3 Australia Other Electrochemical Energy Storage Systems Market Revenues (2014-2023F)
          8.3.4 Australia Electrochemical Energy Storage Systems Market Price Dynamics
    8.4 Australia Mechanical Energy Storage Systems Market Revenues (2014-2023F)
    8.5 Australia Mechanical Energy Storage Systems Market Overview
    8.6 Australia Thermal Energy Storage Systems Market Revenues (2014-2023F)
    8.7 Australia Thermal Energy Storage Systems Market Overview
    8.8 Australia Other Energy Storage Systems Market Revenues (2014-2023F)
9 Australia Energy Storage Systems Market Overview, By Applications
    9.1 Australia Residential Energy Storage Systems Market Revenues (2014-2023F)
    9.2 Australia Residential Energy Storage Systems Market Overview
    9.3 Australia Power Utilities Energy Storage Systems Market Revenues (2014-2023F)
    9.4 Australia Power Utilities Energy Storage Systems Market Overview
    9.5 Australia Commercial & Industrial Energy Storage Systems Market Revenues (2014-2023F)
    9.6 Australia Commercial & Industrial Energy Storage Systems Market Overview
    9.7 Australia Transportation Energy Storage Systems Market Revenues (2014-2023F)
    9.8 Australia Transportation Energy Storage Systems Market Overview
10 Australia Energy Storage Systems Market Overview, By Regions
    10.1 New South Wales Energy Storage Systems Market Revenues (2014-2023F)
    10.2 Victoria Energy Storage Systems Market Revenues (2014-2023F)
    10.3 Queensland Energy Storage Systems Market Revenues (2014-2023F)
    10.4 Western Australia Energy Storage Systems Market Revenues (2014-2023F)
    10.5 South Australia Energy Storage Systems Market Revenues (2014-2023F)
    10.6 Tasmania Energy Storage Systems Market Revenues (2014-2023F)
    10.7 Northern Territory Energy Storage Systems Market Revenues (2014-2023F)
    10.8 Australia Energy Storage Systems Market Regional Overview
11 Australia Energy Storage Systems Market Opportunity Assessment
    11.1 Australia Energy Storage Systems Market Opportunity Assessment, By Technology (2023F)
    11.2 Australia Energy Storage Systems Market Opportunity Assessment, By Applications (2023F)
    11.3 Australia Energy Storage Systems Market Opportunity Assessment, By Regions (2023F)
12 Competitive Landscape
    12.1 Australia Energy Storage Systems Market Revenue Share, By Company, 2016
    12.2 Competitive Benchmarking, By Applications
13 Company Profiles
    13.1 LG Chem Ltd.
    13.2 GCL System Integration Technology Co. Ltd
    13.3 Sonnen GmbH
    13.4 Tesla Inc
    13.5 Hoppecke Batterien GmbH & Co. KG
    13.6 Redflow Limited
    13.7 Magellan Powertronics Pty Ltd
    13.8 Smart Storage Pty Ltd
    13.9 VSUN Energy Pty Ltd
    13.10 Enphase Energy Inc
14 Key Strategic Pointers
15 Disclaimer

List of Figures
1 Global Energy Storage Systems Market Revenues, 2014-2023F ($ Billion)
2 Australia Electricity Generation Mix, 2016
3 Australia Renewable Energy Generation, 2016
4 Total Renewable Energy Generation By State in 2016 (GWh)
5 Penetration of Renewables By State in 2016
6 Australia Energy Storage Systems Market Revenues, 2014-23F ($ Million)
7 Planned Large-Scale Solar Farms in Australia
8 Australia Energy Storage Systems Market Revenue Share, By Technology (2016)
9 Australia Energy Storage Systems Market Revenue Share, By Technology (2023F)
10 Australia Energy Storage Systems Market Revenue Share, By Applications (2016)
11 Australia Energy Storage Systems Market Revenue Share, By Applications (2023F)
12 Australia Energy Storage Systems Market Revenue Share, By Regions, 2016 & 2023F
13 Australia Energy Storage Systems Market Industry Life Cycle, 2016
14 Australia Energy Storage Systems Market Porter's Five Forces, 2016
15 Australia's Annual Electricity Generation, 2016 & 2020
16 Global Average Lithium-ion Battery Prices, 2017-2024 ($/kWh)
17 Number of Electric Vehicles in Australia, 2020 & 2030 (Units)
18 Australia Electrochemical Energy Storage Systems Market Revenues, 2014-23F ($ Million)
19 Battery Storage Installations in Australia, 2015-2017 (Units)
20 Australia Lithium-Ion Energy Storage Systems Market Revenues, 2014-23F ($ Million)
21 Australia Lead Acid Energy Storage Systems Market Revenues, 2014-23F ($ Million)
22 Australia Other Electrochemical Energy Storage Systems Market Revenues, 2014-23F ($ Million)
23 Lowest Current and Predicted Battery Cell Price (USD/kWh)
24 Australia Mechanical Energy Storage Systems Market Revenues, 2014-23F ($ Million)
25 Australia Thermal Energy Storage Systems Market Revenues, 2014-23F ($ Million)
26 Australia Other Energy Storage Systems Market Revenues, 2014-23F ($ Million)
27 Australia Residential Energy Storage Systems Market Revenues, 2014-23F ($ Million)
28 Under Construction Residential Projects in 2017 (Number of Apartments)
29 New Solar PV Capacity Installed in Australia, 2013-2017 (kW)
30 Projected Solar Rebate Amount, 2017-2030 ($)
31 Australia Power Utilities Energy Storage Systems Market Revenues, 2014-23F ($ Million)
32 Australia Commercial & Industrial Energy Storage Systems Market Revenues, 2014-23F ($ Million)
33 Australia Transportation Energy Storage Systems Market Revenues, 2014-23F ($ Million)
34 New South Wales Energy Storage Systems Market Revenues, 2014-23F ($ Million)
35 Victoria Energy Storage Systems Market Revenues, 2014-23F ($ Million)
36 Queensland Energy Storage Systems Market Revenues, 2014-23F ($ Million)
37 Western Australia Energy Storage Systems Market Revenues, 2014-23F ($ Million)
38 South Australia Energy Storage Systems Market Revenues, 2014-23F ($ Million)
39 Tasmania Energy Storage Systems Market Revenues, 2014-23F ($ Million)
40 Northern Territory Energy Storage Systems Market Revenues, 2014-23F ($ Million)
41 Large Scale Projects of Renewable Energy (Under Construction or Starting Construction in 2017)
42 Australia Energy Storage Systems Market Opportunity Assessment, By Technology, 2023F
43 Australia Energy Storage Systems Market Opportunity Assessment, By Applications, 2023F
44 Australia Energy Storage Systems Market Opportunity Assessment, By Regions, 2023F
45 Australia Electrochemical Energy Storage Systems Market Revenue Share, By Company, 2016
46 Expected Share of Electric Vehicles in Australian Light Vehicle Road Transport, 2015-2050

List of Tables
1 ARENA 2016 Solar Grant Winning Projects
2 Australia Major Upcoming Renewable Energy Projects
3 Australia Major Upcoming Hotel Projects
4 Existing Electric Vehicle Policy Support Measures in Australian States
5 Public Charging Infrastructure in Australia

Australia Energy Storage Systems Market (2017-2023) report graph
   Source: 6Wresearch

      Latest Report

UAE Diesel Genset Market (2019-2025)

Market Forecast By KVA Rating (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA and Above 1000 kVA), By Verticals (Residential), Commercial (Hospitality, Commercial Offices, Healthcare, Retail, Infrastructure & Transportation and Others including Educational...

Read More

UAE Elevator & Escalator Market (2019-2025)

Market Forecast By Types (Elevator and Escalator), By Applications (Commercial, Industrial and Residential), By Services (New Installation, Maintenance and Modernization), By Regions (Northern and Southern) and Competitive Landscape

Read More

India AFC Systems Market (2019-2025)

Market Forecast By Applications (Metro Railway, Bus/BRTS Transport, Railway Transport, Parking Solution and Others), By AFC Technology (Near-Field Communication, Magnetic Strips & Tokens, QR Code/Barcode and Smart Cards), By Types (Hardware, Software and Services)...

Read More

Indonesia Power and Distribution Transformers Market (2019-2025)

Market Forecast By Types (Power Transformers and Distribution Transformers), By Power Ratings (Distribution Transformers (Up to 100 KVA, 100.1 KVA- 315 KVA and 315.1 KVA- 5000 KVA), Power Transformers (5.1 MVA- 50 MVA, 50.1 MVA- 160 MVA, 160.1 MVA- 350 MVA...

Read More

India Room Air Conditioner Market (2019-2025)

Market Forecast By Types (Window and Split), By Capacity (Below 1 Ton, 1-2 Ton and Above 2 Ton), By Applications (Residential, Commercial and Industrial), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Read More

India Air Purifier Market (2019-2025)

Market Forecast By Types (Room and Car), By Technology (Type-I (HEPA + Carbon), Type-II (HEPA + Carbon + Ionizer), Type-III (HEPA+ Carbon + UV), Type-IV (HEPA + Carbon + Electrostatic) and Type-V (HEPA + Carbon + Ionizer + UV Light + Electrostatic), By Sales Channels...

Read More

South-East Asia Air Conditioner Market (2018-2024)

Market Forecast By Types (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Rooftop Packaged), Ductless AC (Cassette, Floor Standing and Ceiling Suspended), Centralized AC (VRF, AHU/FCU, Chiller, Condensing Unit and Others including Evaporator...

Read More

UAE Instrumentation Valves & Fittings Market (2019-2025)

Market Forecast By Valve Types (Ball Valves, Needle Valves, Check Valves, Diaphragm Valves, Manifold Valves and Others including Bleed/Purge, Bellows and Metering), By Fittings Types (Pipe Fittings, Tube Fittings, Biopharm Fittings, Hose Fittings, Weld Fittings and Other...

Read More

Saudi Arabia Heat Pump Market (2019-2025)

Market Forecast By Pump Types (Air to Air and Air to Water), By Applications (Residential, Commercial and Industrial), By Rated Capacity (Up to 10 kW, 10-20 kW, 20-30 kW and Above 30 kW), By Regions (Eastern, Western, Central and Southern) and Competitive Landscape

Read More

India Variable Frequency Drives Market (2019-2025)

Market Forecast By Types (AC Drive, DC Drive and Servo Drive), By Voltage (Low Voltage (Low Horsepower, Medium Horsepower, High Horsepower and Very high Horsepower) and Medium Voltage)), By OEM (Rotating Equipment, Material handling, Material Working and Others)...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events