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Energy Storage Systems Market Share

  • Report ID: GMI4257
  • Published Date: Jan 2023
  • Report Format: PDF
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Energy Storage Systems Market Share

Top companies operating in the global energy storage systems industry are

  • Enel Spa
  • Nevada Hydro Corporation
  • Voith GmbH & Co. KGaA
  • Burns & McDonnell
  • CALMAC
  • McDermott
  • Hitachi Energy Ltd.
  • A123 Systems, LLC
  • Johnson Controls
  • Furukawa Battery Co., Ltd.
  • ABB
  • Invinity Energy Systems
  • SCHMID Group
  • Jena Batteries GmbH
  • Lockheed Martin Corporation
  • Narada Power Source Co. Ltd.
  • LG Energy Solutions
  • Siemens
  • Panasonic Corporation
  • Exide Technologies
  • Tesla

These firms are incorporating strategies such as product range expansions, mergers, and acquisitions to reinforce their presence in the global market.
 

For instance, in January 2022, Voith GmbH & Co, KGaA acquired a majority share in Green Highland Renewables. This deal was intended to expand Voith’s footprint in the field of maintenance, operation, and development of hydropower facilities, thereby enabling the company to establish a strong presence in the industry.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of energy storage systems crossed over USD 486.2 billion in 2023 and will register over 15.2% gains through 2032, owing to the introduction of government policies to promote clean energy adoption.

The thermal storage technology segment is poised to exhibit over 7% CAGR from 2023 and 2032, given the rising emphasis on grid infrastructure expansion.

The Asia Pacific market value is expected to reach more than USD 900 billion by 2032 due to the escalating power consumption across the region.

Enel Spa, Voith GmbH & Co. KGaA, Hitachi Energy Ltd., Johnson Controls, Furukawa Battery Co., Ltd., Lockheed Martin Corporation, Siemens, Exide Technologies, and Tesla are some of the key companies functioning in the industry.

Energy Storage Systems Market Scope

  • Energy Storage Systems Market Size
  • Energy Storage Systems Market Analysis
  • Energy Storage Systems Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 35
    • Tables & Figures: 1014
    • Countries covered: 18
    • Pages: 620
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