The Market Reports

Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com

Global Energy Storage as a Service (ESaaS) Market Research Report 2024

Global Energy Storage as a Service (ESaaS) Market Research Report 2024

Publishing Date : Jun, 2023

License Type :
 

Report Code : 1738214

No of Pages : 88

Synopsis
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.

Global Energy Storage as a Service (ESaaS) market is projected to reach US$ 2562.1 million in 2029, increasing from US$ 1253 million in 2022, with the CAGR of 10.7% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Energy Storage as a Service (ESaaS) market research.

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.

Report Scope

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Energy Storage as a Service (ESaaS) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.

By Company

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

Segment by Type

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

Segment by Application

  • Utility
  • Industrial
  • Residential & Commercial

By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia, Nordic Countries, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea,Southeast Asia, India, Australia, Rest of Asia)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)

The Energy Storage as a Service (ESaaS) report covers below items:

Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source

Index

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Energy Storage as a Service (ESaaS) Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Bulk Energy Services
1.2.3 Ancillary Services
1.2.4 Transmission Infrastructure Services
1.2.5 Distribution Infrastructure Services
1.2.6 Customer Energy Management Services
1.2.7 Others
1.3 Market by Application
1.3.1 Global Energy Storage as a Service (ESaaS) Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Utility
1.3.3 Industrial
1.3.4 Residential & Commercial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Energy Storage as a Service (ESaaS) Market Perspective (2018-2029)
2.2 Energy Storage as a Service (ESaaS) Growth Trends by Region
2.2.1 Global Energy Storage as a Service (ESaaS) Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Energy Storage as a Service (ESaaS) Historic Market Size by Region (2018-2023)
2.2.3 Energy Storage as a Service (ESaaS) Forecasted Market Size by Region (2024-2029)
2.3 Energy Storage as a Service (ESaaS) Market Dynamics
2.3.1 Energy Storage as a Service (ESaaS) Industry Trends
2.3.2 Energy Storage as a Service (ESaaS) Market Drivers
2.3.3 Energy Storage as a Service (ESaaS) Market Challenges
2.3.4 Energy Storage as a Service (ESaaS) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Energy Storage as a Service (ESaaS) Players by Revenue
3.1.1 Global Top Energy Storage as a Service (ESaaS) Players by Revenue (2018-2023)
3.1.2 Global Energy Storage as a Service (ESaaS) Revenue Market Share by Players (2018-2023)
3.2 Global Energy Storage as a Service (ESaaS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Energy Storage as a Service (ESaaS) Revenue
3.4 Global Energy Storage as a Service (ESaaS) Market Concentration Ratio
3.4.1 Global Energy Storage as a Service (ESaaS) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Energy Storage as a Service (ESaaS) Revenue in 2022
3.5 Energy Storage as a Service (ESaaS) Key Players Head office and Area Served
3.6 Key Players Energy Storage as a Service (ESaaS) Product Solution and Service
3.7 Date of Enter into Energy Storage as a Service (ESaaS) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Energy Storage as a Service (ESaaS) Breakdown Data by Type
4.1 Global Energy Storage as a Service (ESaaS) Historic Market Size by Type (2018-2023)
4.2 Global Energy Storage as a Service (ESaaS) Forecasted Market Size by Type (2024-2029)
5 Energy Storage as a Service (ESaaS) Breakdown Data by Application
5.1 Global Energy Storage as a Service (ESaaS) Historic Market Size by Application (2018-2023)
5.2 Global Energy Storage as a Service (ESaaS) Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Energy Storage as a Service (ESaaS) Market Size (2018-2029)
6.2 North America Energy Storage as a Service (ESaaS) Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Energy Storage as a Service (ESaaS) Market Size by Country (2018-2023)
6.4 North America Energy Storage as a Service (ESaaS) Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Energy Storage as a Service (ESaaS) Market Size (2018-2029)
7.2 Europe Energy Storage as a Service (ESaaS) Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Energy Storage as a Service (ESaaS) Market Size by Country (2018-2023)
7.4 Europe Energy Storage as a Service (ESaaS) Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Energy Storage as a Service (ESaaS) Market Size (2018-2029)
8.2 Asia-Pacific Energy Storage as a Service (ESaaS) Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Energy Storage as a Service (ESaaS) Market Size by Region (2018-2023)
8.4 Asia-Pacific Energy Storage as a Service (ESaaS) Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Energy Storage as a Service (ESaaS) Market Size (2018-2029)
9.2 Latin America Energy Storage as a Service (ESaaS) Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Energy Storage as a Service (ESaaS) Market Size by Country (2018-2023)
9.4 Latin America Energy Storage as a Service (ESaaS) Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Energy Storage as a Service (ESaaS) Market Size (2018-2029)
10.2 Middle East & Africa Energy Storage as a Service (ESaaS) Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Energy Storage as a Service (ESaaS) Market Size by Country (2018-2023)
10.4 Middle East & Africa Energy Storage as a Service (ESaaS) Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Customized Energy Solutions Ltd.
11.1.1 Customized Energy Solutions Ltd. Company Detail
11.1.2 Customized Energy Solutions Ltd. Business Overview
11.1.3 Customized Energy Solutions Ltd. Energy Storage as a Service (ESaaS) Introduction
11.1.4 Customized Energy Solutions Ltd. Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.1.5 Customized Energy Solutions Ltd. Recent Development
11.2 ENGIE Storage Services NA LLC
11.2.1 ENGIE Storage Services NA LLC Company Detail
11.2.2 ENGIE Storage Services NA LLC Business Overview
11.2.3 ENGIE Storage Services NA LLC Energy Storage as a Service (ESaaS) Introduction
11.2.4 ENGIE Storage Services NA LLC Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.2.5 ENGIE Storage Services NA LLC Recent Development
11.3 Honeywell International Inc.
11.3.1 Honeywell International Inc. Company Detail
11.3.2 Honeywell International Inc. Business Overview
11.3.3 Honeywell International Inc. Energy Storage as a Service (ESaaS) Introduction
11.3.4 Honeywell International Inc. Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.3.5 Honeywell International Inc. Recent Development
11.4 Hydrostor Inc.
11.4.1 Hydrostor Inc. Company Detail
11.4.2 Hydrostor Inc. Business Overview
11.4.3 Hydrostor Inc. Energy Storage as a Service (ESaaS) Introduction
11.4.4 Hydrostor Inc. Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.4.5 Hydrostor Inc. Recent Development
11.5 NRStor Inc.
11.5.1 NRStor Inc. Company Detail
11.5.2 NRStor Inc. Business Overview
11.5.3 NRStor Inc. Energy Storage as a Service (ESaaS) Introduction
11.5.4 NRStor Inc. Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.5.5 NRStor Inc. Recent Development
11.6 Siemens Energy
11.6.1 Siemens Energy Company Detail
11.6.2 Siemens Energy Business Overview
11.6.3 Siemens Energy Energy Storage as a Service (ESaaS) Introduction
11.6.4 Siemens Energy Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.6.5 Siemens Energy Recent Development
11.7 Suntuity
11.7.1 Suntuity Company Detail
11.7.2 Suntuity Business Overview
11.7.3 Suntuity Energy Storage as a Service (ESaaS) Introduction
11.7.4 Suntuity Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.7.5 Suntuity Recent Development
11.8 Veolia
11.8.1 Veolia Company Detail
11.8.2 Veolia Business Overview
11.8.3 Veolia Energy Storage as a Service (ESaaS) Introduction
11.8.4 Veolia Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.8.5 Veolia Recent Development
11.9 YSG Solar
11.9.1 YSG Solar Company Detail
11.9.2 YSG Solar Business Overview
11.9.3 YSG Solar Energy Storage as a Service (ESaaS) Introduction
11.9.4 YSG Solar Revenue in Energy Storage as a Service (ESaaS) Business (2018-2023)
11.9.5 YSG Solar Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

Why ‘The Market Reports’