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Energy Storage Software-Global Market Insights and Sales Trends 2024
Synopsis
Energy storage management software increase the value of energy storage by forecasting thermal capacities within electricity grids, batteries, and renewable energy plants. They provide real-time data and information, relieve transmission and distribution network congestion, maintain Volt-Ampere Reactive (VAR) control.
The global Energy Storage Software market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Energy Storage Software in various end use industries. The expanding demands from the Power Plant, Residential, Military and Other, are propelling Energy Storage Software market. Energy Storage Optimization, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Energy Storage Analytics segment is estimated at % CAGR for the next seven-year period.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 62% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Energy Storage Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Energy Storage Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Energy Storage Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Energy Storage Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Energy Storage Software covered in this report include Adara Power, Greensmith, Stem, Demand Energy, Doosan GridTech, EnSync Energy Systems, Green Charge Networks, Sunverge and Win Inertia, etc.
The global Energy Storage Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Adara Power
Greensmith
Stem
Demand Energy
Doosan GridTech
EnSync Energy Systems
Green Charge Networks
Sunverge
Win Inertia
Aggreko
Growing Energy Labs
IHI Corp.
Intelligent Generation
JLM Energy
SolarCity
Sonnen
Lockheed Martin
Advanced Microgrid Solutions
Ampard
Nikola Power
Peak Power
TWAICE
Global Energy Storage Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Energy Storage Software market, Segment by Type:
Energy Storage Optimization
Energy Storage Analytics
Energy Storage Simulation
Global Energy Storage Software market, by Application
Power Plant
Residential
Military
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Energy Storage Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Energy storage management software increase the value of energy storage by forecasting thermal capacities within electricity grids, batteries, and renewable energy plants. They provide real-time data and information, relieve transmission and distribution network congestion, maintain Volt-Ampere Reactive (VAR) control.
The global Energy Storage Software market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Energy Storage Software in various end use industries. The expanding demands from the Power Plant, Residential, Military and Other, are propelling Energy Storage Software market. Energy Storage Optimization, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Energy Storage Analytics segment is estimated at % CAGR for the next seven-year period.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 62% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Energy Storage Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Energy Storage Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Energy Storage Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Energy Storage Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Energy Storage Software covered in this report include Adara Power, Greensmith, Stem, Demand Energy, Doosan GridTech, EnSync Energy Systems, Green Charge Networks, Sunverge and Win Inertia, etc.
The global Energy Storage Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Adara Power
Greensmith
Stem
Demand Energy
Doosan GridTech
EnSync Energy Systems
Green Charge Networks
Sunverge
Win Inertia
Aggreko
Growing Energy Labs
IHI Corp.
Intelligent Generation
JLM Energy
SolarCity
Sonnen
Lockheed Martin
Advanced Microgrid Solutions
Ampard
Nikola Power
Peak Power
TWAICE
Global Energy Storage Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Energy Storage Software market, Segment by Type:
Energy Storage Optimization
Energy Storage Analytics
Energy Storage Simulation
Global Energy Storage Software market, by Application
Power Plant
Residential
Military
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Energy Storage Software companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Energy Storage Software
1.1 Energy Storage Software Market Overview
1.1.1 Energy Storage Software Product Scope
1.1.2 Energy Storage Software Market Status and Outlook
1.2 Global Energy Storage Software Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Energy Storage Software Market Size by Region (2018-2029)
1.4 Global Energy Storage Software Historic Market Size by Region (2018-2023)
1.5 Global Energy Storage Software Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Energy Storage Software Market Size (2018-2029)
1.6.1 North America Energy Storage Software Market Size (2018-2029)
1.6.2 Europe Energy Storage Software Market Size (2018-2029)
1.6.3 Asia-Pacific Energy Storage Software Market Size (2018-2029)
1.6.4 Latin America Energy Storage Software Market Size (2018-2029)
1.6.5 Middle East & Africa Energy Storage Software Market Size (2018-2029)
2 Energy Storage Software Market by Type
2.1 Introduction
2.1.1 Energy Storage Optimization
2.1.2 Energy Storage Analytics
2.1.3 Energy Storage Simulation
2.2 Global Energy Storage Software Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Energy Storage Software Historic Market Size by Type (2018-2023)
2.2.2 Global Energy Storage Software Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Energy Storage Software Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Energy Storage Software Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Energy Storage Software Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Energy Storage Software Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Energy Storage Software Revenue Breakdown by Type (2018-2029)
3 Energy Storage Software Market Overview by Application
3.1 Introduction
3.1.1 Power Plant
3.1.2 Residential
3.1.3 Military
3.1.4 Other
3.2 Global Energy Storage Software Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Energy Storage Software Historic Market Size by Application (2018-2023)
3.2.2 Global Energy Storage Software Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Energy Storage Software Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Energy Storage Software Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Energy Storage Software Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Energy Storage Software Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Energy Storage Software Revenue Breakdown by Application (2018-2029)
4 Energy Storage Software Competition Analysis by Players
4.1 Global Energy Storage Software Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Energy Storage Software as of 2022)
4.3 Date of Key Players Enter into Energy Storage Software Market
4.4 Global Top Players Energy Storage Software Headquarters and Area Served
4.5 Key Players Energy Storage Software Product Solution and Service
4.6 Competitive Status
4.6.1 Energy Storage Software Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Adara Power
5.1.1 Adara Power Profile
5.1.2 Adara Power Main Business
5.1.3 Adara Power Energy Storage Software Products, Services and Solutions
5.1.4 Adara Power Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.1.5 Adara Power Recent Developments
5.2 Greensmith
5.2.1 Greensmith Profile
5.2.2 Greensmith Main Business
5.2.3 Greensmith Energy Storage Software Products, Services and Solutions
5.2.4 Greensmith Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.2.5 Greensmith Recent Developments
5.3 Stem
5.3.1 Stem Profile
5.3.2 Stem Main Business
5.3.3 Stem Energy Storage Software Products, Services and Solutions
5.3.4 Stem Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.3.5 Demand Energy Recent Developments
5.4 Demand Energy
5.4.1 Demand Energy Profile
5.4.2 Demand Energy Main Business
5.4.3 Demand Energy Energy Storage Software Products, Services and Solutions
5.4.4 Demand Energy Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.4.5 Demand Energy Recent Developments
5.5 Doosan GridTech
5.5.1 Doosan GridTech Profile
5.5.2 Doosan GridTech Main Business
5.5.3 Doosan GridTech Energy Storage Software Products, Services and Solutions
5.5.4 Doosan GridTech Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.5.5 Doosan GridTech Recent Developments
5.6 EnSync Energy Systems
5.6.1 EnSync Energy Systems Profile
5.6.2 EnSync Energy Systems Main Business
5.6.3 EnSync Energy Systems Energy Storage Software Products, Services and Solutions
5.6.4 EnSync Energy Systems Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.6.5 EnSync Energy Systems Recent Developments
5.7 Green Charge Networks
5.7.1 Green Charge Networks Profile
5.7.2 Green Charge Networks Main Business
5.7.3 Green Charge Networks Energy Storage Software Products, Services and Solutions
5.7.4 Green Charge Networks Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.7.5 Green Charge Networks Recent Developments
5.8 Sunverge
5.8.1 Sunverge Profile
5.8.2 Sunverge Main Business
5.8.3 Sunverge Energy Storage Software Products, Services and Solutions
5.8.4 Sunverge Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.8.5 Sunverge Recent Developments
5.9 Win Inertia
5.9.1 Win Inertia Profile
5.9.2 Win Inertia Main Business
5.9.3 Win Inertia Energy Storage Software Products, Services and Solutions
5.9.4 Win Inertia Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.9.5 Win Inertia Recent Developments
5.10 Aggreko
5.10.1 Aggreko Profile
5.10.2 Aggreko Main Business
5.10.3 Aggreko Energy Storage Software Products, Services and Solutions
5.10.4 Aggreko Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.10.5 Aggreko Recent Developments
5.11 Growing Energy Labs
5.11.1 Growing Energy Labs Profile
5.11.2 Growing Energy Labs Main Business
5.11.3 Growing Energy Labs Energy Storage Software Products, Services and Solutions
5.11.4 Growing Energy Labs Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.11.5 Growing Energy Labs Recent Developments
5.12 IHI Corp.
5.12.1 IHI Corp. Profile
5.12.2 IHI Corp. Main Business
5.12.3 IHI Corp. Energy Storage Software Products, Services and Solutions
5.12.4 IHI Corp. Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.12.5 IHI Corp. Recent Developments
5.13 Intelligent Generation
5.13.1 Intelligent Generation Profile
5.13.2 Intelligent Generation Main Business
5.13.3 Intelligent Generation Energy Storage Software Products, Services and Solutions
5.13.4 Intelligent Generation Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.13.5 Intelligent Generation Recent Developments
5.14 JLM Energy
5.14.1 JLM Energy Profile
5.14.2 JLM Energy Main Business
5.14.3 JLM Energy Energy Storage Software Products, Services and Solutions
5.14.4 JLM Energy Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.14.5 JLM Energy Recent Developments
5.15 SolarCity
5.15.1 SolarCity Profile
5.15.2 SolarCity Main Business
5.15.3 SolarCity Energy Storage Software Products, Services and Solutions
5.15.4 SolarCity Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.15.5 SolarCity Recent Developments
5.16 Sonnen
5.16.1 Sonnen Profile
5.16.2 Sonnen Main Business
5.16.3 Sonnen Energy Storage Software Products, Services and Solutions
5.16.4 Sonnen Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.16.5 Sonnen Recent Developments
5.17 Lockheed Martin
5.17.1 Lockheed Martin Profile
5.17.2 Lockheed Martin Main Business
5.17.3 Lockheed Martin Energy Storage Software Products, Services and Solutions
5.17.4 Lockheed Martin Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.17.5 Lockheed Martin Recent Developments
5.18 Advanced Microgrid Solutions
5.18.1 Advanced Microgrid Solutions Profile
5.18.2 Advanced Microgrid Solutions Main Business
5.18.3 Advanced Microgrid Solutions Energy Storage Software Products, Services and Solutions
5.18.4 Advanced Microgrid Solutions Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.18.5 Advanced Microgrid Solutions Recent Developments
5.19 Ampard
5.19.1 Ampard Profile
5.19.2 Ampard Main Business
5.19.3 Ampard Energy Storage Software Products, Services and Solutions
5.19.4 Ampard Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.19.5 Ampard Recent Developments
5.20 Nikola Power
5.20.1 Nikola Power Profile
5.20.2 Nikola Power Main Business
5.20.3 Nikola Power Energy Storage Software Products, Services and Solutions
5.20.4 Nikola Power Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.20.5 Nikola Power Recent Developments
5.21 Peak Power
5.21.1 Peak Power Profile
5.21.2 Peak Power Main Business
5.21.3 Peak Power Energy Storage Software Products, Services and Solutions
5.21.4 Peak Power Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.21.5 Peak Power Recent Developments
5.22 TWAICE
5.22.1 TWAICE Profile
5.22.2 TWAICE Main Business
5.22.3 TWAICE Energy Storage Software Products, Services and Solutions
5.22.4 TWAICE Energy Storage Software Revenue (US$ Million) & (2018-2023)
5.22.5 TWAICE Recent Developments
6 North America
6.1 North America Energy Storage Software Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Energy Storage Software Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Energy Storage Software Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Energy Storage Software Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Energy Storage Software Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Energy Storage Software Market Dynamics
11.1 Energy Storage Software Industry Trends
11.2 Energy Storage Software Market Drivers
11.3 Energy Storage Software Market Challenges
11.4 Energy Storage Software Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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