Global Energy Storage Battery for Microgrids Sales Market Report 2018

This report studies the global Energy Storage Battery for Microgrids market status and forecast, categorizes the global Energy Storage Battery for Microgrids market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

Energy storage battery for microgrids is an energy reservoir that can store electrical energy and supply energy when required. Such a battery system has the added advantage of matching generation to the time of use and enables peak-shaving applications. Battery-based energy storage is more environmentally-friendly than traditional diesel generators and significantly reduces the fuel and sizing needs for common backup generators. Even small amounts of energy storage can have a major impact on reducing fuel costs, maintenance and omissions of diesel or bio-diesel generators.

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The global energy storage battery for microgrids industry mainly concentrates in EU, USA and Japan. The global leading players in this market are NGK Group, Samsung SDI, NEC, Panasonic, MHI and Toshiba etc., which accounts for 49.38% of total revenue in 2015. In China the market leaders are BYD, CALB and ATL.

The USA and China are the major consumer regions in global energy storage battery for microgrids market. The energy storage battery for microgrids is mainly used in household, enterprise, utility. The application market share of Utility is up to 87.68%.

Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of energy storage products at home and abroad, many companies began to enter the field. Currently, the Chinese energy storage battery for microgrids is not only begun to transit to renewable energy installations field, while still extend in the downstream industry chain.

The global Energy Storage Battery for Microgrids market is valued at 190 million US$ in 2017 and will reach 340 million US$ by the end of 2025, growing at a CAGR of 7.5% during 2018-2025.

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The major players covered in this report

  • NGK Group
  • Samsung SDI
  • NEC
  • Panasonic
  • MHI
  • Toshiba
  • S&C Electric
  • Beacon Power
  • Saft
  • Sumitomo Electric
  • EnSync
  • Eos Energy Storage
  • OutBack Power
  • Younicos
  • BYD
  • CALB
  • ATL
  • Rongke Power
  • Shen-li High Tech
  • Meineng
  • Chilwee
  • Narada

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