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Global Energy Storage as a Service (ESaaS) Market 2024 by Company, Regions, Type and Application, Forecast to 2029

Global Energy Storage as a Service (ESaaS) Market 2024 by Company, Regions, Type and Application, Forecast to 2029

Publishing Date : Jul, 2023

License Type :
 

Report Code : 1752491

No of Pages : 88

Synopsis
The global Energy Storage as a Service (ESaaS) market size was valued at USD 1289.3 million in 2022 and is forecast to a readjusted size of USD 2549.5 million by 2029 with a CAGR of 10.2% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Energy storage as a service is a new model. Thus, limited companies are offering these services at the global level. The majority of the players in this market are operating at the local and regional levels only. For instance, YSG Solar, a U.S.-based company, is offering these services in local areas. There is a significant opportunity for these services from the untapped markets and remote areas where there is a lack of power supply. In the developed markets such as the U.S., factors such as peak load challenge and backup power to avoid blackouts are driving the market opportunities. Moreover, the increasing focus towards renewable energy generation in the region and decreasing dependency on fossil fuel energy generation are driving the market demand in the U.S.

Energy storage as a service (ESaaS) allows a facility to benefit from the advantages of an energy storage system by entering into a service agreement without purchasing the system. Energy storage systems provide a range of services to generate revenue, create savings, and improve electricity resiliency. The operation of the ESaaS system is a unique combination of an advanced battery storage system, an energy management system, and a service contract which can deliver value to a business by providing reliable power more economically.

This report is a detailed and comprehensive analysis for global Energy Storage as a Service (ESaaS) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

  • Global Energy Storage as a Service (ESaaS) market size and forecasts, in consumption value ($ Million), 2018-2029
  • Global Energy Storage as a Service (ESaaS) market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
  • Global Energy Storage as a Service (ESaaS) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
  • Global Energy Storage as a Service (ESaaS) market shares of main players, in revenue ($ Million), 2018-2023

The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries
  • To assess the growth potential for Energy Storage as a Service (ESaaS)
  • To forecast future growth in each product and end-use market
  • To assess competitive factors affecting the marketplace

This report profiles key players in the global Energy Storage as a Service (ESaaS) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Customized Energy Solutions Ltd., ENGIE Storage Services NA LLC, Honeywell International Inc., Hydrostor Inc. and NRStor Inc., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

Energy Storage as a Service (ESaaS) market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

  • Bulk Energy Services
  • Ancillary Services
  • Transmission Infrastructure Services
  • Distribution Infrastructure Services
  • Customer Energy Management Services
  • Others

Market segment by Application

  • Utility
  • Industrial
  • Residential & Commercial

Market segment by players, this report covers

  • Customized Energy Solutions Ltd.
  • ENGIE Storage Services NA LLC
  • Honeywell International Inc.
  • Hydrostor Inc.
  • NRStor Inc.
  • Siemens Energy
  • Suntuity
  • Veolia
  • YSG Solar

Market segment by regions, regional analysis covers

  • North America (United States, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
  • South America (Brazil, Argentina and Rest of South America)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Energy Storage as a Service (ESaaS) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Energy Storage as a Service (ESaaS), with revenue, gross margin and global market share of Energy Storage as a Service (ESaaS) from 2018 to 2023.
Chapter 3, the Energy Storage as a Service (ESaaS) competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Energy Storage as a Service (ESaaS) market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Energy Storage as a Service (ESaaS).
Chapter 13, to describe Energy Storage as a Service (ESaaS) research findings and conclusion.

Index

1 Market Overview
1.1 Product Overview and Scope of Energy Storage as a Service (ESaaS)
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Energy Storage as a Service (ESaaS) by Type
1.3.1 Overview: Global Energy Storage as a Service (ESaaS) Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Energy Storage as a Service (ESaaS) Consumption Value Market Share by Type in 2022
1.3.3 Bulk Energy Services
1.3.4 Ancillary Services
1.3.5 Transmission Infrastructure Services
1.3.6 Distribution Infrastructure Services
1.3.7 Customer Energy Management Services
1.3.8 Others
1.4 Global Energy Storage as a Service (ESaaS) Market by Application
1.4.1 Overview: Global Energy Storage as a Service (ESaaS) Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Utility
1.4.3 Industrial
1.4.4 Residential & Commercial
1.5 Global Energy Storage as a Service (ESaaS) Market Size & Forecast
1.6 Global Energy Storage as a Service (ESaaS) Market Size and Forecast by Region
1.6.1 Global Energy Storage as a Service (ESaaS) Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Energy Storage as a Service (ESaaS) Market Size by Region, (2018-2029)
1.6.3 North America Energy Storage as a Service (ESaaS) Market Size and Prospect (2018-2029)
1.6.4 Europe Energy Storage as a Service (ESaaS) Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Energy Storage as a Service (ESaaS) Market Size and Prospect (2018-2029)
1.6.6 South America Energy Storage as a Service (ESaaS) Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Energy Storage as a Service (ESaaS) Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 Customized Energy Solutions Ltd.
2.1.1 Customized Energy Solutions Ltd. Details
2.1.2 Customized Energy Solutions Ltd. Major Business
2.1.3 Customized Energy Solutions Ltd. Energy Storage as a Service (ESaaS) Product and Solutions
2.1.4 Customized Energy Solutions Ltd. Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Customized Energy Solutions Ltd. Recent Developments and Future Plans
2.2 ENGIE Storage Services NA LLC
2.2.1 ENGIE Storage Services NA LLC Details
2.2.2 ENGIE Storage Services NA LLC Major Business
2.2.3 ENGIE Storage Services NA LLC Energy Storage as a Service (ESaaS) Product and Solutions
2.2.4 ENGIE Storage Services NA LLC Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 ENGIE Storage Services NA LLC Recent Developments and Future Plans
2.3 Honeywell International Inc.
2.3.1 Honeywell International Inc. Details
2.3.2 Honeywell International Inc. Major Business
2.3.3 Honeywell International Inc. Energy Storage as a Service (ESaaS) Product and Solutions
2.3.4 Honeywell International Inc. Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Honeywell International Inc. Recent Developments and Future Plans
2.4 Hydrostor Inc.
2.4.1 Hydrostor Inc. Details
2.4.2 Hydrostor Inc. Major Business
2.4.3 Hydrostor Inc. Energy Storage as a Service (ESaaS) Product and Solutions
2.4.4 Hydrostor Inc. Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Hydrostor Inc. Recent Developments and Future Plans
2.5 NRStor Inc.
2.5.1 NRStor Inc. Details
2.5.2 NRStor Inc. Major Business
2.5.3 NRStor Inc. Energy Storage as a Service (ESaaS) Product and Solutions
2.5.4 NRStor Inc. Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 NRStor Inc. Recent Developments and Future Plans
2.6 Siemens Energy
2.6.1 Siemens Energy Details
2.6.2 Siemens Energy Major Business
2.6.3 Siemens Energy Energy Storage as a Service (ESaaS) Product and Solutions
2.6.4 Siemens Energy Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Siemens Energy Recent Developments and Future Plans
2.7 Suntuity
2.7.1 Suntuity Details
2.7.2 Suntuity Major Business
2.7.3 Suntuity Energy Storage as a Service (ESaaS) Product and Solutions
2.7.4 Suntuity Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Suntuity Recent Developments and Future Plans
2.8 Veolia
2.8.1 Veolia Details
2.8.2 Veolia Major Business
2.8.3 Veolia Energy Storage as a Service (ESaaS) Product and Solutions
2.8.4 Veolia Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Veolia Recent Developments and Future Plans
2.9 YSG Solar
2.9.1 YSG Solar Details
2.9.2 YSG Solar Major Business
2.9.3 YSG Solar Energy Storage as a Service (ESaaS) Product and Solutions
2.9.4 YSG Solar Energy Storage as a Service (ESaaS) Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 YSG Solar Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Energy Storage as a Service (ESaaS) Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Energy Storage as a Service (ESaaS) by Company Revenue
3.2.2 Top 3 Energy Storage as a Service (ESaaS) Players Market Share in 2022
3.2.3 Top 6 Energy Storage as a Service (ESaaS) Players Market Share in 2022
3.3 Energy Storage as a Service (ESaaS) Market: Overall Company Footprint Analysis
3.3.1 Energy Storage as a Service (ESaaS) Market: Region Footprint
3.3.2 Energy Storage as a Service (ESaaS) Market: Company Product Type Footprint
3.3.3 Energy Storage as a Service (ESaaS) Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Energy Storage as a Service (ESaaS) Consumption Value and Market Share by Type (2018-2023)
4.2 Global Energy Storage as a Service (ESaaS) Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global Energy Storage as a Service (ESaaS) Consumption Value Market Share by Application (2018-2023)
5.2 Global Energy Storage as a Service (ESaaS) Market Forecast by Application (2024-2029)
6 North America
6.1 North America Energy Storage as a Service (ESaaS) Consumption Value by Type (2018-2029)
6.2 North America Energy Storage as a Service (ESaaS) Consumption Value by Application (2018-2029)
6.3 North America Energy Storage as a Service (ESaaS) Market Size by Country
6.3.1 North America Energy Storage as a Service (ESaaS) Consumption Value by Country (2018-2029)
6.3.2 United States Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
6.3.3 Canada Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
6.3.4 Mexico Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe Energy Storage as a Service (ESaaS) Consumption Value by Type (2018-2029)
7.2 Europe Energy Storage as a Service (ESaaS) Consumption Value by Application (2018-2029)
7.3 Europe Energy Storage as a Service (ESaaS) Market Size by Country
7.3.1 Europe Energy Storage as a Service (ESaaS) Consumption Value by Country (2018-2029)
7.3.2 Germany Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
7.3.3 France Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
7.3.5 Russia Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
7.3.6 Italy Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific Energy Storage as a Service (ESaaS) Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Energy Storage as a Service (ESaaS) Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Energy Storage as a Service (ESaaS) Market Size by Region
8.3.1 Asia-Pacific Energy Storage as a Service (ESaaS) Consumption Value by Region (2018-2029)
8.3.2 China Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
8.3.3 Japan Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
8.3.4 South Korea Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
8.3.5 India Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
8.3.7 Australia Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
9 South America
9.1 South America Energy Storage as a Service (ESaaS) Consumption Value by Type (2018-2029)
9.2 South America Energy Storage as a Service (ESaaS) Consumption Value by Application (2018-2029)
9.3 South America Energy Storage as a Service (ESaaS) Market Size by Country
9.3.1 South America Energy Storage as a Service (ESaaS) Consumption Value by Country (2018-2029)
9.3.2 Brazil Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
9.3.3 Argentina Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa Energy Storage as a Service (ESaaS) Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Energy Storage as a Service (ESaaS) Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Energy Storage as a Service (ESaaS) Market Size by Country
10.3.1 Middle East & Africa Energy Storage as a Service (ESaaS) Consumption Value by Country (2018-2029)
10.3.2 Turkey Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
10.3.4 UAE Energy Storage as a Service (ESaaS) Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 Energy Storage as a Service (ESaaS) Market Drivers
11.2 Energy Storage as a Service (ESaaS) Market Restraints
11.3 Energy Storage as a Service (ESaaS) Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 Energy Storage as a Service (ESaaS) Industry Chain
12.2 Energy Storage as a Service (ESaaS) Upstream Analysis
12.3 Energy Storage as a Service (ESaaS) Midstream Analysis
12.4 Energy Storage as a Service (ESaaS) Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Published By : GlobalInfoResearch

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