The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Large Energy Storage Equipment Market Research Report 2024
Synopsis
Different from low-power energy storage for household use, the energy storage power used in new energy power stations, power grids and other scenarios is higher, referred to as "large storage". The role of large-scale energy storage equipment is mainly to adjust power peaks, alleviate grid congestion, and delay transmission and distribution expansion.
Global Large Energy Storage Equipment market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % 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 Large Energy Storage Equipment market research.
China and the United States are the main markets for large-scale energy storage equipment, and the European market is also gradually starting. In 2022, China's new installed capacity will be 14.6GWh, and it is expected that the newly installed capacity will reach 111.7GWh in 2025. The demand for large-scale energy storage equipment mainly comes from wind power and the demand for flexible resources generated by the high proportion of photovoltaics connected to the grid. China has adopted strong allocation policies + market construction, and Europe and the United States have gradually improved the business model of large-scale energy storage projects through subsidy incentives + market-oriented reporting , the installed capacity continues to increase. From the perspective of technology, pumped hydro storage has a large scale, and lithium battery energy storage is the main increase.
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 Large Energy Storage Equipment market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Siemens Energy
EVESCO LLC
Stem, Inc
EVLO Energy Storage
Energy Vault, Inc
GE
NextEra Energy
MAN Energy Solutions
Toshiba
Atlas Copco
ABB
ANDRITZ
NARI TECHNOLOGY CO..LTD
Zhejiang Narada Power Source Co.,Ltd
Sineng Electric Co., Ltd
Beijing HyperStrong Technology Co., Ltd
BYD
SUNGROW
Dongfang Electric Corporation
CHINA SOUTHERN POWER GRID
Shenzhen CLOU Electronics Co. Ltd
JST Power Equipment, INC
SHANGHAI ELECTRIC
XIZICE
Segment by Technology
Battery Energy Storage
Pumped Storage
Molten Salt Energy Storage
Other
Segment by Application
Power Generation Side
Grid Side
By Region
North America
United States
Canada
Europe
Germany
France
UK
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 Large Energy Storage Equipment report covers below items:
Chapter 1: Product Basic Information (Definition, Technology and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Technology 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
Different from low-power energy storage for household use, the energy storage power used in new energy power stations, power grids and other scenarios is higher, referred to as "large storage". The role of large-scale energy storage equipment is mainly to adjust power peaks, alleviate grid congestion, and delay transmission and distribution expansion.
Global Large Energy Storage Equipment market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % 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 Large Energy Storage Equipment market research.
China and the United States are the main markets for large-scale energy storage equipment, and the European market is also gradually starting. In 2022, China's new installed capacity will be 14.6GWh, and it is expected that the newly installed capacity will reach 111.7GWh in 2025. The demand for large-scale energy storage equipment mainly comes from wind power and the demand for flexible resources generated by the high proportion of photovoltaics connected to the grid. China has adopted strong allocation policies + market construction, and Europe and the United States have gradually improved the business model of large-scale energy storage projects through subsidy incentives + market-oriented reporting , the installed capacity continues to increase. From the perspective of technology, pumped hydro storage has a large scale, and lithium battery energy storage is the main increase.
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 Large Energy Storage Equipment market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Siemens Energy
EVESCO LLC
Stem, Inc
EVLO Energy Storage
Energy Vault, Inc
GE
NextEra Energy
MAN Energy Solutions
Toshiba
Atlas Copco
ABB
ANDRITZ
NARI TECHNOLOGY CO..LTD
Zhejiang Narada Power Source Co.,Ltd
Sineng Electric Co., Ltd
Beijing HyperStrong Technology Co., Ltd
BYD
SUNGROW
Dongfang Electric Corporation
CHINA SOUTHERN POWER GRID
Shenzhen CLOU Electronics Co. Ltd
JST Power Equipment, INC
SHANGHAI ELECTRIC
XIZICE
Segment by Technology
Battery Energy Storage
Pumped Storage
Molten Salt Energy Storage
Other
Segment by Application
Power Generation Side
Grid Side
By Region
North America
United States
Canada
Europe
Germany
France
UK
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 Large Energy Storage Equipment report covers below items:
Chapter 1: Product Basic Information (Definition, Technology and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Technology 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
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Technology
1.2.1 Global Large Energy Storage Equipment Market Size Growth Rate by Technology: 2018 VS 2022 VS 2029
1.2.2 Battery Energy Storage
1.2.3 Pumped Storage
1.2.4 Molten Salt Energy Storage
1.2.5 Other
1.3 Market by Application
1.3.1 Global Large Energy Storage Equipment Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Power Generation Side
1.3.3 Grid Side
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Large Energy Storage Equipment Market Perspective (2018-2029)
2.2 Large Energy Storage Equipment Growth Trends by Region
2.2.1 Global Large Energy Storage Equipment Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Large Energy Storage Equipment Historic Market Size by Region (2018-2023)
2.2.3 Large Energy Storage Equipment Forecasted Market Size by Region (2024-2029)
2.3 Large Energy Storage Equipment Market Dynamics
2.3.1 Large Energy Storage Equipment Industry Trends
2.3.2 Large Energy Storage Equipment Market Drivers
2.3.3 Large Energy Storage Equipment Market Challenges
2.3.4 Large Energy Storage Equipment Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Large Energy Storage Equipment Players by Revenue
3.1.1 Global Top Large Energy Storage Equipment Players by Revenue (2018-2023)
3.1.2 Global Large Energy Storage Equipment Revenue Market Share by Players (2018-2023)
3.2 Global Large Energy Storage Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Large Energy Storage Equipment Revenue
3.4 Global Large Energy Storage Equipment Market Concentration Ratio
3.4.1 Global Large Energy Storage Equipment Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Large Energy Storage Equipment Revenue in 2022
3.5 Large Energy Storage Equipment Key Players Head office and Area Served
3.6 Key Players Large Energy Storage Equipment Product Solution and Service
3.7 Date of Enter into Large Energy Storage Equipment Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Large Energy Storage Equipment Breakdown Data by Technology
4.1 Global Large Energy Storage Equipment Historic Market Size by Technology (2018-2023)
4.2 Global Large Energy Storage Equipment Forecasted Market Size by Technology (2024-2029)
5 Large Energy Storage Equipment Breakdown Data by Application
5.1 Global Large Energy Storage Equipment Historic Market Size by Application (2018-2023)
5.2 Global Large Energy Storage Equipment Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Large Energy Storage Equipment Market Size (2018-2029)
6.2 North America Large Energy Storage Equipment Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Large Energy Storage Equipment Market Size by Country (2018-2023)
6.4 North America Large Energy Storage Equipment Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Large Energy Storage Equipment Market Size (2018-2029)
7.2 Europe Large Energy Storage Equipment Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Large Energy Storage Equipment Market Size by Country (2018-2023)
7.4 Europe Large Energy Storage Equipment 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 Large Energy Storage Equipment Market Size (2018-2029)
8.2 Asia-Pacific Large Energy Storage Equipment Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Large Energy Storage Equipment Market Size by Region (2018-2023)
8.4 Asia-Pacific Large Energy Storage Equipment 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 Large Energy Storage Equipment Market Size (2018-2029)
9.2 Latin America Large Energy Storage Equipment Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Large Energy Storage Equipment Market Size by Country (2018-2023)
9.4 Latin America Large Energy Storage Equipment Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Large Energy Storage Equipment Market Size (2018-2029)
10.2 Middle East & Africa Large Energy Storage Equipment Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Large Energy Storage Equipment Market Size by Country (2018-2023)
10.4 Middle East & Africa Large Energy Storage Equipment Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Siemens Energy
11.1.1 Siemens Energy Company Detail
11.1.2 Siemens Energy Business Overview
11.1.3 Siemens Energy Large Energy Storage Equipment Introduction
11.1.4 Siemens Energy Revenue in Large Energy Storage Equipment Business (2018-2023)
11.1.5 Siemens Energy Recent Development
11.2 EVESCO LLC
11.2.1 EVESCO LLC Company Detail
11.2.2 EVESCO LLC Business Overview
11.2.3 EVESCO LLC Large Energy Storage Equipment Introduction
11.2.4 EVESCO LLC Revenue in Large Energy Storage Equipment Business (2018-2023)
11.2.5 EVESCO LLC Recent Development
11.3 Stem, Inc
11.3.1 Stem, Inc Company Detail
11.3.2 Stem, Inc Business Overview
11.3.3 Stem, Inc Large Energy Storage Equipment Introduction
11.3.4 Stem, Inc Revenue in Large Energy Storage Equipment Business (2018-2023)
11.3.5 Stem, Inc Recent Development
11.4 EVLO Energy Storage
11.4.1 EVLO Energy Storage Company Detail
11.4.2 EVLO Energy Storage Business Overview
11.4.3 EVLO Energy Storage Large Energy Storage Equipment Introduction
11.4.4 EVLO Energy Storage Revenue in Large Energy Storage Equipment Business (2018-2023)
11.4.5 EVLO Energy Storage Recent Development
11.5 Energy Vault, Inc
11.5.1 Energy Vault, Inc Company Detail
11.5.2 Energy Vault, Inc Business Overview
11.5.3 Energy Vault, Inc Large Energy Storage Equipment Introduction
11.5.4 Energy Vault, Inc Revenue in Large Energy Storage Equipment Business (2018-2023)
11.5.5 Energy Vault, Inc Recent Development
11.6 GE
11.6.1 GE Company Detail
11.6.2 GE Business Overview
11.6.3 GE Large Energy Storage Equipment Introduction
11.6.4 GE Revenue in Large Energy Storage Equipment Business (2018-2023)
11.6.5 GE Recent Development
11.7 NextEra Energy
11.7.1 NextEra Energy Company Detail
11.7.2 NextEra Energy Business Overview
11.7.3 NextEra Energy Large Energy Storage Equipment Introduction
11.7.4 NextEra Energy Revenue in Large Energy Storage Equipment Business (2018-2023)
11.7.5 NextEra Energy Recent Development
11.8 MAN Energy Solutions
11.8.1 MAN Energy Solutions Company Detail
11.8.2 MAN Energy Solutions Business Overview
11.8.3 MAN Energy Solutions Large Energy Storage Equipment Introduction
11.8.4 MAN Energy Solutions Revenue in Large Energy Storage Equipment Business (2018-2023)
11.8.5 MAN Energy Solutions Recent Development
11.9 Toshiba
11.9.1 Toshiba Company Detail
11.9.2 Toshiba Business Overview
11.9.3 Toshiba Large Energy Storage Equipment Introduction
11.9.4 Toshiba Revenue in Large Energy Storage Equipment Business (2018-2023)
11.9.5 Toshiba Recent Development
11.10 Atlas Copco
11.10.1 Atlas Copco Company Detail
11.10.2 Atlas Copco Business Overview
11.10.3 Atlas Copco Large Energy Storage Equipment Introduction
11.10.4 Atlas Copco Revenue in Large Energy Storage Equipment Business (2018-2023)
11.10.5 Atlas Copco Recent Development
11.11 ABB
11.11.1 ABB Company Detail
11.11.2 ABB Business Overview
11.11.3 ABB Large Energy Storage Equipment Introduction
11.11.4 ABB Revenue in Large Energy Storage Equipment Business (2018-2023)
11.11.5 ABB Recent Development
11.12 ANDRITZ
11.12.1 ANDRITZ Company Detail
11.12.2 ANDRITZ Business Overview
11.12.3 ANDRITZ Large Energy Storage Equipment Introduction
11.12.4 ANDRITZ Revenue in Large Energy Storage Equipment Business (2018-2023)
11.12.5 ANDRITZ Recent Development
11.13 NARI TECHNOLOGY CO..LTD
11.13.1 NARI TECHNOLOGY CO..LTD Company Detail
11.13.2 NARI TECHNOLOGY CO..LTD Business Overview
11.13.3 NARI TECHNOLOGY CO..LTD Large Energy Storage Equipment Introduction
11.13.4 NARI TECHNOLOGY CO..LTD Revenue in Large Energy Storage Equipment Business (2018-2023)
11.13.5 NARI TECHNOLOGY CO..LTD Recent Development
11.14 Zhejiang Narada Power Source Co.,Ltd
11.14.1 Zhejiang Narada Power Source Co.,Ltd Company Detail
11.14.2 Zhejiang Narada Power Source Co.,Ltd Business Overview
11.14.3 Zhejiang Narada Power Source Co.,Ltd Large Energy Storage Equipment Introduction
11.14.4 Zhejiang Narada Power Source Co.,Ltd Revenue in Large Energy Storage Equipment Business (2018-2023)
11.14.5 Zhejiang Narada Power Source Co.,Ltd Recent Development
11.15 Sineng Electric Co., Ltd
11.15.1 Sineng Electric Co., Ltd Company Detail
11.15.2 Sineng Electric Co., Ltd Business Overview
11.15.3 Sineng Electric Co., Ltd Large Energy Storage Equipment Introduction
11.15.4 Sineng Electric Co., Ltd Revenue in Large Energy Storage Equipment Business (2018-2023)
11.15.5 Sineng Electric Co., Ltd Recent Development
11.16 Beijing HyperStrong Technology Co., Ltd
11.16.1 Beijing HyperStrong Technology Co., Ltd Company Detail
11.16.2 Beijing HyperStrong Technology Co., Ltd Business Overview
11.16.3 Beijing HyperStrong Technology Co., Ltd Large Energy Storage Equipment Introduction
11.16.4 Beijing HyperStrong Technology Co., Ltd Revenue in Large Energy Storage Equipment Business (2018-2023)
11.16.5 Beijing HyperStrong Technology Co., Ltd Recent Development
11.17 BYD
11.17.1 BYD Company Detail
11.17.2 BYD Business Overview
11.17.3 BYD Large Energy Storage Equipment Introduction
11.17.4 BYD Revenue in Large Energy Storage Equipment Business (2018-2023)
11.17.5 BYD Recent Development
11.18 SUNGROW
11.18.1 SUNGROW Company Detail
11.18.2 SUNGROW Business Overview
11.18.3 SUNGROW Large Energy Storage Equipment Introduction
11.18.4 SUNGROW Revenue in Large Energy Storage Equipment Business (2018-2023)
11.18.5 SUNGROW Recent Development
11.19 Dongfang Electric Corporation
11.19.1 Dongfang Electric Corporation Company Detail
11.19.2 Dongfang Electric Corporation Business Overview
11.19.3 Dongfang Electric Corporation Large Energy Storage Equipment Introduction
11.19.4 Dongfang Electric Corporation Revenue in Large Energy Storage Equipment Business (2018-2023)
11.19.5 Dongfang Electric Corporation Recent Development
11.20 CHINA SOUTHERN POWER GRID
11.20.1 CHINA SOUTHERN POWER GRID Company Detail
11.20.2 CHINA SOUTHERN POWER GRID Business Overview
11.20.3 CHINA SOUTHERN POWER GRID Large Energy Storage Equipment Introduction
11.20.4 CHINA SOUTHERN POWER GRID Revenue in Large Energy Storage Equipment Business (2018-2023)
11.20.5 CHINA SOUTHERN POWER GRID Recent Development
11.21 Shenzhen CLOU Electronics Co. Ltd
11.21.1 Shenzhen CLOU Electronics Co. Ltd Company Detail
11.21.2 Shenzhen CLOU Electronics Co. Ltd Business Overview
11.21.3 Shenzhen CLOU Electronics Co. Ltd Large Energy Storage Equipment Introduction
11.21.4 Shenzhen CLOU Electronics Co. Ltd Revenue in Large Energy Storage Equipment Business (2018-2023)
11.21.5 Shenzhen CLOU Electronics Co. Ltd Recent Development
11.22 JST Power Equipment, INC
11.22.1 JST Power Equipment, INC Company Detail
11.22.2 JST Power Equipment, INC Business Overview
11.22.3 JST Power Equipment, INC Large Energy Storage Equipment Introduction
11.22.4 JST Power Equipment, INC Revenue in Large Energy Storage Equipment Business (2018-2023)
11.22.5 JST Power Equipment, INC Recent Development
11.23 SHANGHAI ELECTRIC
11.23.1 SHANGHAI ELECTRIC Company Detail
11.23.2 SHANGHAI ELECTRIC Business Overview
11.23.3 SHANGHAI ELECTRIC Large Energy Storage Equipment Introduction
11.23.4 SHANGHAI ELECTRIC Revenue in Large Energy Storage Equipment Business (2018-2023)
11.23.5 SHANGHAI ELECTRIC Recent Development
11.24 XIZICE
11.24.1 XIZICE Company Detail
11.24.2 XIZICE Business Overview
11.24.3 XIZICE Large Energy Storage Equipment Introduction
11.24.4 XIZICE Revenue in Large Energy Storage Equipment Business (2018-2023)
11.24.5 XIZICE 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’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Energy & Power Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
