Grid-scale is defined here as systems over 1 MW in rated power, typically operated by a utility, independent power producer, or Independent System Operator (ISO). The increase in demand for renewable energy, government regulations, and technological advancements are likely to increase the adoption of grid scale battery, globally.
Grid-scale batteries have application in peak shifting, renewable integration, ancillary services, back-up power, and other applications. The Grid-Scale Battery Market for peak shifting applications is expected to grow at the highest rate during the forecast period. Peak shifting is a highly cost-effective method of reducing electric utility expenses.
This Report covers the manufacturers’ data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Top Companies Covered in this Report:
Saft Batteries, Aquion Energy, GE, Samsung SDI, Panasonic, Johnson Controls, Toshiba, LG Chem, , BYD,EnerVault
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In this report, Publisher studies the present scenario (with the base year being 2017) and the growth prospects of global Grid Scale Battery market for 2018-2023.
This report includes the estimation of Grid Scale Battery Market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Grid Scale Battery Market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Over the next five years, Publisher projects that Grid Scale Battery will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Grid Scale Battery market by product type, application, key companies and key regions.
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