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Solar Energy and Battery Storage-Global Market Insights and Sales Trends 2024

Solar Energy and Battery Storage-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1847913

No of Pages : 104

Synopsis
Energy storage can be defined as a technology that provides a source of power as and when required without backsliding to conventional energy sources.
The global Solar Energy and Battery Storage 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 Solar Energy and Battery Storage in various end use industries. The expanding demands from the Utility, Industrial & Commercial and Residential,, are propelling Solar Energy and Battery Storage market. Lead-Acid Battery, 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 Li-ion Battery segment is estimated at % CAGR for the next seven-year period.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.377 GW.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Solar Energy and Battery Storage, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Solar Energy and Battery Storage market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Solar Energy and Battery Storage market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Solar Energy and Battery Storage 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 Solar Energy and Battery Storage covered in this report include ABB, LG Chem, Samsung SDI, General Electric, Tesla, AEG Power Solutions, eSolar, Abengoa and BrightSource Energy, etc.
The global Solar Energy and Battery Storage market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
LG Chem
Samsung SDI
General Electric
Tesla
AEG Power Solutions
eSolar
Abengoa
BrightSource Energy
ACCIONA
EVERGREEN SOLAR
Alpha Technologies
Global Solar Energy and Battery Storage 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 Solar Energy and Battery Storage market, Segment by Type:
Lead-Acid Battery
Li-ion Battery
NaS Battery
Global Solar Energy and Battery Storage market, by Application
Utility
Industrial & Commercial
Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Solar Energy and Battery Storage manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Solar Energy and Battery Storage in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Solar Energy and Battery Storage Market Overview
1.1 Solar Energy and Battery Storage Product Overview
1.2 Solar Energy and Battery Storage Market Segment by Type
1.2.1 Lead-Acid Battery
1.2.2 Li-ion Battery
1.2.3 NaS Battery
1.3 Global Solar Energy and Battery Storage Market Size by Type
1.3.1 Global Solar Energy and Battery Storage Market Size Overview by Type (2018-2029)
1.3.2 Global Solar Energy and Battery Storage Historic Market Size Review by Type (2018-2023)
1.3.3 Global Solar Energy and Battery Storage Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Solar Energy and Battery Storage Sales Breakdown by Type (2018-2023)
1.4.2 Europe Solar Energy and Battery Storage Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Solar Energy and Battery Storage Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Solar Energy and Battery Storage Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Solar Energy and Battery Storage Sales Breakdown by Type (2018-2023)
2 Global Solar Energy and Battery Storage Market Competition by Company
2.1 Global Top Players by Solar Energy and Battery Storage Sales (2018-2023)
2.2 Global Top Players by Solar Energy and Battery Storage Revenue (2018-2023)
2.3 Global Top Players by Solar Energy and Battery Storage Price (2018-2023)
2.4 Global Top Manufacturers Solar Energy and Battery Storage Manufacturing Base Distribution, Sales Area, Product Type
2.5 Solar Energy and Battery Storage Market Competitive Situation and Trends
2.5.1 Solar Energy and Battery Storage Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Solar Energy and Battery Storage Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Solar Energy and Battery Storage as of 2022)
2.7 Date of Key Manufacturers Enter into Solar Energy and Battery Storage Market
2.8 Key Manufacturers Solar Energy and Battery Storage Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Solar Energy and Battery Storage Status and Outlook by Region
3.1 Global Solar Energy and Battery Storage Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Solar Energy and Battery Storage Historic Market Size by Region
3.2.1 Global Solar Energy and Battery Storage Sales in Volume by Region (2018-2023)
3.2.2 Global Solar Energy and Battery Storage Sales in Value by Region (2018-2023)
3.2.3 Global Solar Energy and Battery Storage Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Solar Energy and Battery Storage Forecasted Market Size by Region
3.3.1 Global Solar Energy and Battery Storage Sales in Volume by Region (2024-2029)
3.3.2 Global Solar Energy and Battery Storage Sales in Value by Region (2024-2029)
3.3.3 Global Solar Energy and Battery Storage Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Solar Energy and Battery Storage by Application
4.1 Solar Energy and Battery Storage Market Segment by Application
4.1.1 Utility
4.1.2 Industrial & Commercial
4.1.3 Residential
4.2 Global Solar Energy and Battery Storage Market Size by Application
4.2.1 Global Solar Energy and Battery Storage Market Size Overview by Application (2018-2029)
4.2.2 Global Solar Energy and Battery Storage Historic Market Size Review by Application (2018-2023)
4.2.3 Global Solar Energy and Battery Storage Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Solar Energy and Battery Storage Sales Breakdown by Application (2018-2023)
4.3.2 Europe Solar Energy and Battery Storage Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Solar Energy and Battery Storage Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Solar Energy and Battery Storage Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Solar Energy and Battery Storage Sales Breakdown by Application (2018-2023)
5 North America Solar Energy and Battery Storage by Country
5.1 North America Solar Energy and Battery Storage Historic Market Size by Country
5.1.1 North America Solar Energy and Battery Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Solar Energy and Battery Storage Sales in Volume by Country (2018-2023)
5.1.3 North America Solar Energy and Battery Storage Sales in Value by Country (2018-2023)
5.2 North America Solar Energy and Battery Storage Forecasted Market Size by Country
5.2.1 North America Solar Energy and Battery Storage Sales in Volume by Country (2024-2029)
5.2.2 North America Solar Energy and Battery Storage Sales in Value by Country (2024-2029)
6 Europe Solar Energy and Battery Storage by Country
6.1 Europe Solar Energy and Battery Storage Historic Market Size by Country
6.1.1 Europe Solar Energy and Battery Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Solar Energy and Battery Storage Sales in Volume by Country (2018-2023)
6.1.3 Europe Solar Energy and Battery Storage Sales in Value by Country (2018-2023)
6.2 Europe Solar Energy and Battery Storage Forecasted Market Size by Country
6.2.1 Europe Solar Energy and Battery Storage Sales in Volume by Country (2024-2029)
6.2.2 Europe Solar Energy and Battery Storage Sales in Value by Country (2024-2029)
7 Asia-Pacific Solar Energy and Battery Storage by Region
7.1 Asia-Pacific Solar Energy and Battery Storage Historic Market Size by Region
7.1.1 Asia-Pacific Solar Energy and Battery Storage Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Solar Energy and Battery Storage Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Solar Energy and Battery Storage Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Solar Energy and Battery Storage Forecasted Market Size by Region
7.2.1 Asia-Pacific Solar Energy and Battery Storage Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Solar Energy and Battery Storage Sales in Value by Region (2024-2029)
8 Latin America Solar Energy and Battery Storage by Country
8.1 Latin America Solar Energy and Battery Storage Historic Market Size by Country
8.1.1 Latin America Solar Energy and Battery Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Solar Energy and Battery Storage Sales in Volume by Country (2018-2023)
8.1.3 Latin America Solar Energy and Battery Storage Sales in Value by Country (2018-2023)
8.2 Latin America Solar Energy and Battery Storage Forecasted Market Size by Country
8.2.1 Latin America Solar Energy and Battery Storage Sales in Volume by Country (2024-2029)
8.2.2 Latin America Solar Energy and Battery Storage Sales in Value by Country (2024-2029)
9 Middle East and Africa Solar Energy and Battery Storage by Country
9.1 Middle East and Africa Solar Energy and Battery Storage Historic Market Size by Country
9.1.1 Middle East and Africa Solar Energy and Battery Storage Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Solar Energy and Battery Storage Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Solar Energy and Battery Storage Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Solar Energy and Battery Storage Forecasted Market Size by Country
9.2.1 Middle East and Africa Solar Energy and Battery Storage Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Solar Energy and Battery Storage Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Solar Energy and Battery Storage Products Offered
10.1.5 ABB Recent Development
10.2 LG Chem
10.2.1 LG Chem Company Information
10.2.2 LG Chem Introduction and Business Overview
10.2.3 LG Chem Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.2.4 LG Chem Solar Energy and Battery Storage Products Offered
10.2.5 LG Chem Recent Development
10.3 Samsung SDI
10.3.1 Samsung SDI Company Information
10.3.2 Samsung SDI Introduction and Business Overview
10.3.3 Samsung SDI Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Samsung SDI Solar Energy and Battery Storage Products Offered
10.3.5 Samsung SDI Recent Development
10.4 General Electric
10.4.1 General Electric Company Information
10.4.2 General Electric Introduction and Business Overview
10.4.3 General Electric Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.4.4 General Electric Solar Energy and Battery Storage Products Offered
10.4.5 General Electric Recent Development
10.5 Tesla
10.5.1 Tesla Company Information
10.5.2 Tesla Introduction and Business Overview
10.5.3 Tesla Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Tesla Solar Energy and Battery Storage Products Offered
10.5.5 Tesla Recent Development
10.6 AEG Power Solutions
10.6.1 AEG Power Solutions Company Information
10.6.2 AEG Power Solutions Introduction and Business Overview
10.6.3 AEG Power Solutions Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.6.4 AEG Power Solutions Solar Energy and Battery Storage Products Offered
10.6.5 AEG Power Solutions Recent Development
10.7 eSolar
10.7.1 eSolar Company Information
10.7.2 eSolar Introduction and Business Overview
10.7.3 eSolar Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.7.4 eSolar Solar Energy and Battery Storage Products Offered
10.7.5 eSolar Recent Development
10.8 Abengoa
10.8.1 Abengoa Company Information
10.8.2 Abengoa Introduction and Business Overview
10.8.3 Abengoa Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Abengoa Solar Energy and Battery Storage Products Offered
10.8.5 Abengoa Recent Development
10.9 BrightSource Energy
10.9.1 BrightSource Energy Company Information
10.9.2 BrightSource Energy Introduction and Business Overview
10.9.3 BrightSource Energy Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.9.4 BrightSource Energy Solar Energy and Battery Storage Products Offered
10.9.5 BrightSource Energy Recent Development
10.10 ACCIONA
10.10.1 ACCIONA Company Information
10.10.2 ACCIONA Introduction and Business Overview
10.10.3 ACCIONA Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.10.4 ACCIONA Solar Energy and Battery Storage Products Offered
10.10.5 ACCIONA Recent Development
10.11 EVERGREEN SOLAR
10.11.1 EVERGREEN SOLAR Company Information
10.11.2 EVERGREEN SOLAR Introduction and Business Overview
10.11.3 EVERGREEN SOLAR Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.11.4 EVERGREEN SOLAR Solar Energy and Battery Storage Products Offered
10.11.5 EVERGREEN SOLAR Recent Development
10.12 Alpha Technologies
10.12.1 Alpha Technologies Company Information
10.12.2 Alpha Technologies Introduction and Business Overview
10.12.3 Alpha Technologies Solar Energy and Battery Storage Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Alpha Technologies Solar Energy and Battery Storage Products Offered
10.12.5 Alpha Technologies Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Solar Energy and Battery Storage Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Solar Energy and Battery Storage Industrial Chain Analysis
11.4 Solar Energy and Battery Storage Market Dynamics
11.4.1 Solar Energy and Battery Storage Industry Trends
11.4.2 Solar Energy and Battery Storage Market Drivers
11.4.3 Solar Energy and Battery Storage Market Challenges
11.4.4 Solar Energy and Battery Storage Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Solar Energy and Battery Storage Distributors
12.3 Solar Energy and Battery Storage Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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