Authored By: Sarah
10 Mar 2022

Energy Storage Market Growth Analysis | ABB Ltd., Amsted Industries Inc., EVAPCO Inc. are among the key contributors

Competitive Benchmarking and Vendor Forecasts for 2022-2026

The energy storage market is expected to grow by 50013.15 MW units, accelerating at a CAGR of almost 61.52% during the forecast period. The market is fragmented. The research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. Market players must distinguish their product and service offerings through a clear and unique value proposition in order to secure a substantial share of the market.

This report will provide a detailed study of the key players with insights into their product portfolio and future pipeline. ABB Ltd., Amsted Industries Inc., EVAPCO Inc., General Electric Co., GS Yuasa Corp., Ingersoll Rand Inc., LG Electronics Inc., Panasonic Corp., Samsung SDI Co. Ltd., and Tesla Inc. are some of the major participants in the market.


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Global Energy Storage Market | Competitive Benchmarking and Vendor Forecasts for 2022-2026

Energy Storage Market: Market Highlights

  • The Energy storage market is segmented by Type (Utility-scale and Behind the meter) and Geography (APAC, North America, Europe, MEA, and South America).
  • APAC led the market with 58% of the market growth set to originate from this region during the forecast period.
  • Growing energy storage requirement is one of the primary factors driving the growth of the energy storage market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For more insights on this market: Download a Free Sample Report

Key Focus Areas in Our Reports:

  • Market segments
  • Comparison by Product
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  • Grading equipment - Market size and forecast 2020-2025
  • Scaling equipment - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • ABB Ltd.
  • Amsted Industries Inc.
  • EVAPCO Inc.
  • General Electric Co.
  • GS Yuasa Corp.
  • Ingersoll Rand Inc.
  • LG Electronics Inc.
  • Panasonic Corp.
  • Samsung SDI Co. Ltd.
  • Tesla Inc.

Browse through some of other related market research reports for more insights:

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  • Smart Energy Market: The smart energy market will grow by $ 591.26 bn, fragmented at a CAGR of about 23% over the next five years.
  • MEMS Energy Harvesting Devices Market: The Global MEMS Energy Harvesting Devices Market is likely to grow by $ 51.72 million, accelerating at a CAGR of 6.49% till 2026.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 61.52%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by 50013.15 MW units through 2022-2026.

     
  3. What is a key factor driving this market?
    Growing energy storage requirement will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    58% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are ABB Ltd., Amsted Industries Inc., EVAPCO Inc., General Electric Co., GS Yuasa Corp., Ingersoll Rand Inc., LG Electronics Inc., Panasonic Corp., Samsung SDI Co. Ltd., and Tesla Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (Utility-scale and Behind the meter) and Geography (APAC, North America, Europe, MEA, and South America)
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