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The publisher has been monitoring the decentralized energy storage market and it is poised to grow by 31216.22 MW units during 2022-2026 progressing at a CAGR of 62.55% during the forecast period. The report on the decentralized energy storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the change in the global energy mix, rising need for backup power, and growing economic benefits of energy storage systems.
The decentralized energy storage market analysis includes the technology segment and geographic landscape.
The decentralized energy storage market is segmented as below:
By Technology
- Battery energy storage
- Thermal energy storage
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- MEA
- South America
This study identifies the rising adoption of microgrids as one of the prime reasons driving the decentralized energy storage market growth during the next few years. Also, the development of smart cities and ZEBs and advances in energy storage technologies will lead to sizable demand in the market.
The report on decentralized energy storage market covers the following areas:
- Decentralized energy storage market sizing
- Decentralized energy storage market forecast
- Decentralized energy storage market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading decentralized energy storage market vendors that include Aggreko Plc, AT and T Inc., BYD Co. Ltd., David MacBrayne Ltd., Fluence Energy Inc., General Electric Co., LG Chem Ltd., NGK Insulators Ltd., Samsung SDI Co. Ltd., and SENER GRUPO DE INGENIERIA SA. Also, the decentralized energy storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1. Executive Summary1.1 Market Overview
Exhibit 01: Key Finding 1
Exhibit 02: Key Finding 2
Exhibit 03: Key Finding 3
Exhibit 04: Key Finding 5
Exhibit 05: Key Finding 6
Exhibit 06: Key Finding 7
Exhibit 07: Key Finding 8
2. Market Landscape
2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market characteristics
2.2 Value chain analysis
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Marketing and sales
2.2.5 Aftermarket and service
3. Market Sizing
3.1 Market segment analysis
Exhibit 10: Market segments
3.2 Market size 2021
3.3 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.4 Market outlook: Forecast for 2021 - 2026
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 12: Global - Market size and forecast 2021 - 2026 ($ million)
Exhibit 13: Global market: Year-over-year growth 2021 - 2026 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 14: Five forces analysis 2021 & 2026
4.2 Bargaining power of buyers
Exhibit 15: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 16: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 17: Threat of new entrants
4.5 Threat of substitutes
Exhibit 18: Threat of substitutes
4.6 Threat of rivalry
Exhibit 19: Threat of rivalry
4.7 Market condition
Exhibit 20: Market condition - Five forces 2021
5 Market Segmentation by Technology
5.1 Market segments
Exhibit 21: Technology - Market share 2021-2026 (%)
5.2 Comparison by Technology
Exhibit 22: Comparison by Technology
5.3 Battery energy storage - Market size and forecast 2021-2026
Exhibit 23: Battery energy storage - Market size and forecast 2021-2026 ($ million)
Exhibit 24: Battery energy storage - Year-over-year growth 2021-2026 (%)
5.4 Thermal energy storage - Market size and forecast 2021-2026
Exhibit 25: Thermal energy storage - Market size and forecast 2021-2026 ($ million)
Exhibit 26: Thermal energy storage - Year-over-year growth 2021-2026 (%)
5.5 Others - Market size and forecast 2021-2026
Exhibit 27: Others - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Others - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by Technology
Exhibit 29: Market opportunity by Technology
6. Customer landscape
6.1 Overview
Exhibit 30: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 31: Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 32: Geographic comparison
7.3 APAC - Market size and forecast 2021-2026
Exhibit 33: APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 34: APAC - Year-over-year growth 2021-2026 (%)
7.4 North America - Market size and forecast 2021-2026
Exhibit 35: North America - Market size and forecast 2021-2026 ($ million)
Exhibit 36: North America - Year-over-year growth 2021-2026 (%)
7.5 Europe - Market size and forecast 2021-2026
Exhibit 37: Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Europe - Year-over-year growth 2021-2026 (%)
7.6 MEA - Market size and forecast 2021-2026
Exhibit 39: MEA - Market size and forecast 2021-2026 ($ million)
Exhibit 40: MEA - Year-over-year growth 2021-2026 (%)
7.7 South America - Market size and forecast 2021-2026
Exhibit 41: South America - Market size and forecast 2021-2026 ($ million)
Exhibit 42: South America - Year-over-year growth 2021-2026 (%)
7.8 Key leading countries
Exhibit 43: Key leading countries
7.9 Market opportunity By Geographical Landscape
Exhibit 44: Market opportunity By Geographical Landscape ($ billion)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Change in the global energy mix
8.1.2 Rising need for backup power
8.1.3 Growing economic benefits of energy storage systems
8.2 Market challenges
8.2.1 Widening demand-supply gap for lithium
8.2.2 Stringent laws against lead pollution
8.2.3 Competition from fuel cells
Exhibit 45: Impact of drivers and challenges
8.3 Market trends
8.3.1 Rising adoption of microgrids
8.3.2 Development of smart cities and ZEBs
8.3.3 Advances in energy storage technologies
9. Vendor Landscape
9.1 Overview
Exhibit 46: Vendor landscape
9.2 Landscape disruption
Exhibit 47: Landscape disruption
Exhibit 48: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 49: Vendors covered
10.2 Market positioning of vendors
Exhibit 50: Market positioning of vendors
10.3 Aggreko Plc
Exhibit 51: Aggreko Plc - Overview
Exhibit 52: Aggreko Plc - Business segments
Exhibit 53: Aggreko Plc - Key offerings
Exhibit 54: Aggreko Plc - Key news
Exhibit 55: Aggreko Plc - Segment focus
10.4 AT and T Inc.
Exhibit 56: AT and T Inc. - Overview
Exhibit 57: AT and T Inc. - Product and service
Exhibit 58: AT and T Inc. - Key offerings
Exhibit 59: AT and T Inc. - Key news
Exhibit 60: AT and T Inc. - Segment focus
10.5 BYD Co. Ltd.
Exhibit 61: BYD Co. Ltd. - Overview
Exhibit 62: BYD Co. Ltd. - Business segments
Exhibit 63: BYD Co. Ltd. - Key offerings
Exhibit 64: BYD Co. Ltd. - Key news
Exhibit 65: BYD Co. Ltd. - Segment focus
10.6 David MacBrayne Ltd.
Exhibit 66: David MacBrayne Ltd. - Overview
Exhibit 67: David MacBrayne Ltd. - Business segments
Exhibit 68: David MacBrayne Ltd. - Key offerings
Exhibit 69: David MacBrayne Ltd. - Segment focus
10.7 Fluence Energy Inc.
Exhibit 70: Fluence Energy Inc. - Overview
Exhibit 71: Fluence Energy Inc. - Business segments
Exhibit 72: Fluence Energy Inc. - Key offerings
Exhibit 73: Fluence Energy Inc. - Key news
Exhibit 74: Fluence Energy Inc. - Segment focus
10.8 General Electric Co.
Exhibit 75: General Electric Co. - Overview
Exhibit 76: General Electric Co. - Business segments
Exhibit 77: General Electric Co. - Key offerings
Exhibit 78: General Electric Co. - Key news
Exhibit 79: General Electric Co. - Segment focus
10.9 LG Chem Ltd.
Exhibit 80: LG Chem Ltd. - Overview
Exhibit 81: LG Chem Ltd. - Business segments
Exhibit 82: LG Chem Ltd. - Key offerings
Exhibit 83: LG Chem Ltd. - Segment focus
10.10 NGK Insulators Ltd.
Exhibit 84: NGK Insulators Ltd. - Overview
Exhibit 85: NGK Insulators Ltd. - Business segments
Exhibit 86: NGK Insulators Ltd. - Key offerings
Exhibit 87: NGK Insulators Ltd. - Key news
Exhibit 88: NGK Insulators Ltd. - Segment focus
10.11 Samsung SDI Co. Ltd.
Exhibit 89: Samsung SDI Co. Ltd. - Overview
Exhibit 90: Samsung SDI Co. Ltd. - Business segments
Exhibit 91: Samsung SDI Co. Ltd. - Key offerings
Exhibit 92: Samsung SDI Co. Ltd. - Key news
Exhibit 93: Samsung SDI Co. Ltd. - Segment focus
10.12 SENER GRUPO DE INGENIERIA SA
Exhibit 94: SENER GRUPO DE INGENIERIA SA - Overview
Exhibit 95: SENER GRUPO DE INGENIERIA SA - Product and service
Exhibit 96: SENER GRUPO DE INGENIERIA SA - Key offerings
Exhibit 97: SENER GRUPO DE INGENIERIA SA - Key customers
Exhibit 98: SENER GRUPO DE INGENIERIA SA - Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and Caveats
11.2 Currency conversion rates for US$
Exhibit 99: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 100: Research Methodology
Exhibit 101: Validation techniques employed for market sizing
Exhibit 102: Information sources
11.4 List of abbreviations
Exhibit 103: List of abbreviations
List of ExhibitsExhibits 1: Key Finding 1
Exhibits 2: Key Finding 2
Exhibits 3: Key Finding 3
Exhibits 4: Key Finding 5
Exhibits 5: Key Finding 6
Exhibits 6: Key Finding 7
Exhibits 7: Key Finding 8
Exhibits 8: Parent market
Exhibits 9: Market characteristics
Exhibits 10: Offerings of vendors included in the market definition
Exhibits 11: Market segments
Exhibits 12: Global - Market size and forecast 2021 - 2026 (MW)
Exhibits 13: Global market: Year-over-year growth 2021 - 2026 (%)
Exhibits 14: Five forces analysis 2021 & 2026
Exhibits 15: Bargaining power of buyers
Exhibits 16: Bargaining power of suppliers
Exhibits 17: Threat of new entrants
Exhibits 18: Threat of substitutes
Exhibits 19: Threat of rivalry
Exhibits 20: Market condition - Five forces 2021
Exhibits 21: Technology - Market share 2021-2026 (%)
Exhibits 22: Comparison by Technology
Exhibits 23: Battery energy storage - Market size and forecast 2021-2026 (MW)
Exhibits 24: Battery energy storage - Year-over-year growth 2021-2026 (%)
Exhibits 25: Thermal energy storage - Market size and forecast 2021-2026 (MW)
Exhibits 26: Thermal energy storage - Year-over-year growth 2021-2026 (%)
Exhibits 27: Others - Market size and forecast 2021-2026 (MW)
Exhibits 28: Others - Year-over-year growth 2021-2026 (%)
Exhibits 29: Market opportunity by Technology
Exhibits 30: Customer landscape
Exhibits 31: Market share By Geographical Landscape 2021-2026 (%)
Exhibits 32: Geographic comparison
Exhibits 33: APAC - Market size and forecast 2021-2026 (MW)
Exhibits 34: APAC - Year-over-year growth 2021-2026 (%)
Exhibits 35: North America - Market size and forecast 2021-2026 (MW)
Exhibits 36: North America - Year-over-year growth 2021-2026 (%)
Exhibits 37: Europe - Market size and forecast 2021-2026 (MW)
Exhibits 38: Europe - Year-over-year growth 2021-2026 (%)
Exhibits 39: MEA - Market size and forecast 2021-2026 (MW)
Exhibits 40: MEA - Year-over-year growth 2021-2026 (%)
Exhibits 41: South America - Market size and forecast 2021-2026 (MW)
Exhibits 42: South America - Year-over-year growth 2021-2026 (%)
Exhibits 43: Key leading countries
Exhibits 44: Market opportunity By Geographical Landscape (MW)
Exhibits 45: Impact of drivers and challenges
Exhibits 46: Vendor landscape
Exhibits 47: Landscape disruption
Exhibits 48: Industry risks
Exhibits 49: Vendors covered
Exhibits 50: Market positioning of vendors
Exhibits 51: Aggreko Plc - Overview
Exhibits 52: Aggreko Plc - Business segments
Exhibits 53: Aggreko Plc - Key offerings
Exhibits 54: Aggreko Plc - Key customers
Exhibits 55: Aggreko Plc - Segment focus
Exhibits 56: AT and T Inc. - Overview
Exhibits 57: AT and T Inc. - Product and service
Exhibits 58: AT and T Inc. - Key offerings
Exhibits 59: AT and T Inc. - Key customers
Exhibits 60: AT and T Inc. - Segment focus
Exhibits 61: BYD Co. Ltd. - Overview
Exhibits 62: BYD Co. Ltd. - Business segments
Exhibits 63: BYD Co. Ltd. - Key offerings
Exhibits 64: BYD Co. Ltd. - Key customers
Exhibits 65: BYD Co. Ltd. - Segment focus
Exhibits 66: David MacBrayne Ltd. - Overview
Exhibits 67: David MacBrayne Ltd. - Business segments
Exhibits 68: David MacBrayne Ltd. - Key offerings
Exhibits 69: David MacBrayne Ltd. - Key customers
Exhibits 70: David MacBrayne Ltd. - Segment focus
Exhibits 71: Fluence Energy Inc. - Overview
Exhibits 72: Fluence Energy Inc. - Business segments
Exhibits 73: Fluence Energy Inc. - Key offerings
Exhibits 74: Fluence Energy Inc. - Key customers
Exhibits 75: Fluence Energy Inc. - Segment focus
Exhibits 76: General Electric Co. - Overview
Exhibits 77: General Electric Co. - Business segments
Exhibits 78: General Electric Co. - Key offerings
Exhibits 79: General Electric Co. - Key customers
Exhibits 80: General Electric Co. - Segment focus
Exhibits 81: LG Chem Ltd. - Overview
Exhibits 82: LG Chem Ltd. - Business segments
Exhibits 83: LG Chem Ltd. - Key offerings
Exhibits 84: LG Chem Ltd. - Key customers
Exhibits 85: LG Chem Ltd. - Segment focus
Exhibits 86: NGK Insulators Ltd. - Overview
Exhibits 87: NGK Insulators Ltd. - Business segments
Exhibits 88: NGK Insulators Ltd. - Key offerings
Exhibits 89: NGK Insulators Ltd. - Key customers
Exhibits 90: NGK Insulators Ltd. - Segment focus
Exhibits 91: Samsung SDI Co. Ltd. - Overview
Exhibits 92: Samsung SDI Co. Ltd. - Business segments
Exhibits 93: Samsung SDI Co. Ltd. - Key offerings
Exhibits 94: Samsung SDI Co. Ltd. - Key customers
Exhibits 95: Samsung SDI Co. Ltd. - Segment focus
Exhibits 96: SENER GRUPO DE INGENIERIA SA - Overview
Exhibits 97: SENER GRUPO DE INGENIERIA SA - Product and service
Exhibits 98: SENER GRUPO DE INGENIERIA SA - Key offerings
Exhibits 99: SENER GRUPO DE INGENIERIA SA - Key customers
Exhibits 100: SENER GRUPO DE INGENIERIA SA - Segment focus
Exhibits 101: Currency conversion rates for US$
Exhibits 102: Research Methodology
Exhibits 103: Validation techniques employed for market sizing
Exhibits 104: Information sources
Exhibits 105: List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global decentralized energy storage market: Aggreko Plc, AT and T Inc., BYD Co. Ltd., David MacBrayne Ltd., Fluence Energy Inc., General Electric Co., LG Chem Ltd., NGK Insulators Ltd., Samsung SDI Co. Ltd., and SENER GRUPO DE INGENIERIA SA.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is rising adoption of microgrids.`
According to the report, one of the major drivers for this market is the change in the global energy mix.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aggreko Plc
- AT and T Inc.
- BYD Co. Ltd.
- David MacBrayne Ltd.
- Fluence Energy Inc.
- General Electric Co.
- LG Chem Ltd.
- NGK Insulators Ltd.
- Samsung SDI Co. Ltd.
- SENER GRUPO DE INGENIERIA SA