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Global Gravity Battery Market Research Report 2024
Synopsis
A gravity battery is a type of electricity storage device that stores gravitational energy, the energy stored in an object resulting from a change in height due to gravity, also called potential energy. A gravity battery works by using excess energy (usually from sustainable sources) to raise a mass to generate gravitational potential energy, which is then lowered to convert potential energy into electricity through an electric generator. One form of a gravity battery is one that lowers a mass, such as a block of concrete, to generate electricity. The most common gravity battery is used in pumped-storage hydroelectricity, where water is pumped to higher elevations to store energy and released through water turbines to generate electricity.
Global Gravity Battery market is projected to reach US$ 113.3 million in 2029, increasing from US$ 66 million in 2022, with the CAGR of 8.1% 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 Gravity Battery market research.
Key manufacturers engaged in the Gravity Battery industry include Energy Vault, Gravitricity, Gravity Power, Advanced Rail Energy Storage(ARES), Heindl Energy and CNTY, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Gravity Battery production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Gravity Battery were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Gravity Battery market and estimated to attract more attentions from industry insiders and investors.
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 Gravity Battery market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Energy Vault
Gravitricity
Gravity Power
Advanced Rail Energy Storage(ARES)
Heindl Energy
CNTY
Segment by Type
Less than 30 Mwh
More than 30 Mwh
Segment by Application
Utilities
Business and Industry
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Gravity Battery report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
A gravity battery is a type of electricity storage device that stores gravitational energy, the energy stored in an object resulting from a change in height due to gravity, also called potential energy. A gravity battery works by using excess energy (usually from sustainable sources) to raise a mass to generate gravitational potential energy, which is then lowered to convert potential energy into electricity through an electric generator. One form of a gravity battery is one that lowers a mass, such as a block of concrete, to generate electricity. The most common gravity battery is used in pumped-storage hydroelectricity, where water is pumped to higher elevations to store energy and released through water turbines to generate electricity.
Global Gravity Battery market is projected to reach US$ 113.3 million in 2029, increasing from US$ 66 million in 2022, with the CAGR of 8.1% 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 Gravity Battery market research.
Key manufacturers engaged in the Gravity Battery industry include Energy Vault, Gravitricity, Gravity Power, Advanced Rail Energy Storage(ARES), Heindl Energy and CNTY, etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global Gravity Battery production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of Gravity Battery were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Gravity Battery market and estimated to attract more attentions from industry insiders and investors.
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 Gravity Battery market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Energy Vault
Gravitricity
Gravity Power
Advanced Rail Energy Storage(ARES)
Heindl Energy
CNTY
Segment by Type
Less than 30 Mwh
More than 30 Mwh
Segment by Application
Utilities
Business and Industry
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Gravity Battery report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Gravity Battery Market Overview
1.1 Product Definition
1.2 Gravity Battery Segment by Type
1.2.1 Global Gravity Battery Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Less than 30 Mwh
1.2.3 More than 30 Mwh
1.3 Gravity Battery Segment by Application
1.3.1 Global Gravity Battery Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Utilities
1.3.3 Business and Industry
1.4 Global Market Growth Prospects
1.4.1 Global Gravity Battery Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Gravity Battery Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Gravity Battery Production Estimates and Forecasts (2018-2029)
1.4.4 Global Gravity Battery Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Gravity Battery Production Market Share by Manufacturers (2018-2023)
2.2 Global Gravity Battery Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Gravity Battery, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Gravity Battery Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Gravity Battery Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Gravity Battery, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Gravity Battery, Product Offered and Application
2.8 Global Key Manufacturers of Gravity Battery, Date of Enter into This Industry
2.9 Gravity Battery Market Competitive Situation and Trends
2.9.1 Gravity Battery Market Concentration Rate
2.9.2 Global 5 and 10 Largest Gravity Battery Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Gravity Battery Production by Region
3.1 Global Gravity Battery Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Gravity Battery Production Value by Region (2018-2029)
3.2.1 Global Gravity Battery Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Gravity Battery by Region (2024-2029)
3.3 Global Gravity Battery Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Gravity Battery Production by Region (2018-2029)
3.4.1 Global Gravity Battery Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Gravity Battery by Region (2024-2029)
3.5 Global Gravity Battery Market Price Analysis by Region (2018-2023)
3.6 Global Gravity Battery Production and Value, Year-over-Year Growth
3.6.1 North America Gravity Battery Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Gravity Battery Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Gravity Battery Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Gravity Battery Production Value Estimates and Forecasts (2018-2029)
4 Gravity Battery Consumption by Region
4.1 Global Gravity Battery Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Gravity Battery Consumption by Region (2018-2029)
4.2.1 Global Gravity Battery Consumption by Region (2018-2023)
4.2.2 Global Gravity Battery Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Gravity Battery Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Gravity Battery Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Gravity Battery Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Gravity Battery Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Gravity Battery Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Gravity Battery Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Gravity Battery Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Gravity Battery Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Gravity Battery Production by Type (2018-2029)
5.1.1 Global Gravity Battery Production by Type (2018-2023)
5.1.2 Global Gravity Battery Production by Type (2024-2029)
5.1.3 Global Gravity Battery Production Market Share by Type (2018-2029)
5.2 Global Gravity Battery Production Value by Type (2018-2029)
5.2.1 Global Gravity Battery Production Value by Type (2018-2023)
5.2.2 Global Gravity Battery Production Value by Type (2024-2029)
5.2.3 Global Gravity Battery Production Value Market Share by Type (2018-2029)
5.3 Global Gravity Battery Price by Type (2018-2029)
6 Segment by Application
6.1 Global Gravity Battery Production by Application (2018-2029)
6.1.1 Global Gravity Battery Production by Application (2018-2023)
6.1.2 Global Gravity Battery Production by Application (2024-2029)
6.1.3 Global Gravity Battery Production Market Share by Application (2018-2029)
6.2 Global Gravity Battery Production Value by Application (2018-2029)
6.2.1 Global Gravity Battery Production Value by Application (2018-2023)
6.2.2 Global Gravity Battery Production Value by Application (2024-2029)
6.2.3 Global Gravity Battery Production Value Market Share by Application (2018-2029)
6.3 Global Gravity Battery Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Energy Vault
7.1.1 Energy Vault Gravity Battery Corporation Information
7.1.2 Energy Vault Gravity Battery Product Portfolio
7.1.3 Energy Vault Gravity Battery Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Energy Vault Main Business and Markets Served
7.1.5 Energy Vault Recent Developments/Updates
7.2 Gravitricity
7.2.1 Gravitricity Gravity Battery Corporation Information
7.2.2 Gravitricity Gravity Battery Product Portfolio
7.2.3 Gravitricity Gravity Battery Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Gravitricity Main Business and Markets Served
7.2.5 Gravitricity Recent Developments/Updates
7.3 Gravity Power
7.3.1 Gravity Power Gravity Battery Corporation Information
7.3.2 Gravity Power Gravity Battery Product Portfolio
7.3.3 Gravity Power Gravity Battery Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Gravity Power Main Business and Markets Served
7.3.5 Gravity Power Recent Developments/Updates
7.4 Advanced Rail Energy Storage(ARES)
7.4.1 Advanced Rail Energy Storage(ARES) Gravity Battery Corporation Information
7.4.2 Advanced Rail Energy Storage(ARES) Gravity Battery Product Portfolio
7.4.3 Advanced Rail Energy Storage(ARES) Gravity Battery Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Advanced Rail Energy Storage(ARES) Main Business and Markets Served
7.4.5 Advanced Rail Energy Storage(ARES) Recent Developments/Updates
7.5 Heindl Energy
7.5.1 Heindl Energy Gravity Battery Corporation Information
7.5.2 Heindl Energy Gravity Battery Product Portfolio
7.5.3 Heindl Energy Gravity Battery Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Heindl Energy Main Business and Markets Served
7.5.5 Heindl Energy Recent Developments/Updates
7.6 CNTY
7.6.1 CNTY Gravity Battery Corporation Information
7.6.2 CNTY Gravity Battery Product Portfolio
7.6.3 CNTY Gravity Battery Production, Value, Price and Gross Margin (2018-2023)
7.6.4 CNTY Main Business and Markets Served
7.6.5 CNTY Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Gravity Battery Industry Chain Analysis
8.2 Gravity Battery Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Gravity Battery Production Mode & Process
8.4 Gravity Battery Sales and Marketing
8.4.1 Gravity Battery Sales Channels
8.4.2 Gravity Battery Distributors
8.5 Gravity Battery Customers
9 Gravity Battery Market Dynamics
9.1 Gravity Battery Industry Trends
9.2 Gravity Battery Market Drivers
9.3 Gravity Battery Market Challenges
9.4 Gravity Battery Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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