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Behind the Meter Stationary Battery Storage Market Share

Report ID: GMI5948
Published Date: Jun 2023
Report Format: PDF

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Behind the Meter Stationary Battery Storage Market Share

Some of the major market players operating across the behind the meter stationary battery storage market are:

Johnson Controls
Exide Industries Ltd.
Duracell, Inc.
Panasonic Corporation
GS Yuasa International Ltd.
Ritar International Group
The Furukawa Battery Co., Ltd.
Narada
Siemens
Lockheed Martin Corporation
C&D Technologies, Inc.
ENERSYS.

These players focus on new product launch & commercialization and strategic partnerships for market expansion. Furthermore, these players are increasingly investing in research & development activities, which enable them to introduce innovative products and garner maximum revenue in the sector.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of behind the meter stationary battery storage crossed a valuation of USD 19.1 billion in 2022 and will record over 23% CAGR during 2023 to 2032, explains GMI report.

The behind-the-meter stationary battery storage industry size from the lithium-ion battery segment was worth USD 14 billion in 2022 attributed to increasing concerns about supply security and growing demand for power backup solutions.

Europe behind-the-meter stationary battery storage sector will observe 19% growth rate till 2032 attributed to factors such as declining battery costs, and favorable policies and incentives.

Narada, Siemens, Lockheed Martin Corporation, C&D Technologies, Inc., Panasonic Corporation, GS Yuasa International Ltd., Ritar International Group, and The Furukawa Battery Co., Ltd.,