市場調査レポート
商品コード
1128642
グリッドスケール電池市場 - 成長、将来展望、競合分析、2022年~2030年Grid-Scale Battery Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030 |
グリッドスケール電池市場 - 成長、将来展望、競合分析、2022年~2030年 |
出版日: 2022年08月03日
発行: Acute Market Reports
ページ情報: 英文 118 Pages
納期: 即日から翌営業日
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世界のグリッドスケール電池の市場規模は、2021年に35億5,000万米ドルとなりました。同市場は、2022年~2030年の予測期間中に20.0%のCAGRで拡大すると予測されています。
当レポートでは、世界のグリッドスケール電池市場について調査し、市場の概要とともに、電池別、用途別、地域別の動向、および市場に参入する企業のプロファイルなどを提供しています。
Key Market Insights
The global grid-scale battery market is growing competently, expected to grow at a CAGR of 20.0% during the estimated period from 2022 to 2030, starting from US$ 3.55 Bn in 2021.
Grid-scale battery storage systems will play a vital role in aiding the next stage energy transition towards renewable systems. The battery storage systems offer grid services like regulation reserves, frequency response, and ramp rate control. In addition, the grid-scale battery storage systems can facilitate greater dissemination of excess generated variable renewable energy into the grid. Furthermore, batteries provide cheaper and reliable electricity in off-grid and isolated grids, thereby driving the demand for grid-scale batteries in the upcoming years.
Rapid growth in the production of renewable energy, push from the government to reduce global warming, large-scale addition of solar and wind projects, increasing transition towards low carbon electricity, and global demand for electric vehicles & consumer electronics expected to expand the market for grid-scale battery over the forecast period. For instance, according to World Energy Council (WEC) around 250 GW of energy storage is projected to get installed by 2030, owing to the growth rate for energy storage, supportive government policies, and the declining price of batteries. Additionally, the energy storage technology acts as a contributory tool in handling grid resiliency and reliability by regulating variable generation and improving smart-grid and micro-grid functionality.
Battery Analysis
Li-ion batteries are projected to hold the largest share in storage capacity additions, owing to the decreasing costs in Li-ion technology, government policies, and growing production of renewable energy to meet the rising demand for electric vehicles. For instance, in 2018, according to International Energy Agency (IEA), the Li-ion accounted for around 90% of large-scale battery storage additions. Furthermore, the integration of renewable energy with a conventional grid system increased the demand for grid-scale battery storage systems globally. For instance, Acciona Energia, a Spanish conglomerate group has integrated a Li-ion battery storage system with a wind farm in Barasoain, Spain.
The development of energy storage markets through regulatory reforms, subsequent reduce costs of Li-ion batteries through efficiencies of scale, and increased competition to drive the market growth. For instance, around 130 MWh of battery storage systems have been implemented in Hawaii, owing to provide a smooth services for wind and solar PV systems in the grid services.
Regional Analysis
The provision of incentives by the American Recovery and Reinvestment Act of 2009, in the United States, has opened a new cradle of financing for large-scale battery storage to various owners. Around 124 grid-scale energy storage projects were commissioned from 2009 to 2014, which includes ancillary services, battery storage for utility load shifting, and distributed storage for grid support. For instance, in November 2018, PG&E awarded for two largest battery contracts i.e. 182MW / 730MWh and 300MW / 2 270MWh in California.
Moreover, in 2017, San Diego Gas & Electric a utility company developed a project of 30 MW / 120 MWh Li-Ion battery storage to collection surplus power production in Escondido, U.S. The aforementioned developments for battery storage in the U.S. created an opportunity for the growth of grid-scale battery market over the forecast period. Increasing the use of renewable energy in the commercial and residential sectors, the initial measures to lead the utility-scale policy, and storage development are associated factors for the growth of the market. Furthermore, the development of new technologies in wind and solar energy is eventually facilitating the growth of the grid-scale battery market across the region.
List of Companies Covered:
LG Chem Ltd
Samsung SDI Co Ltd
Panasonic Corporation
Fluence Corporation Ltd
Tesla Inc
BYD Co Ltd
ABB Ltd.
General Electric Company
GS Yuasa Corporation
Toshiba Corp
Saft
S&C Electric Co
NGK Insulators Ltd
Key Industry Development:
In July 2019, a new company of Canada announced its plan to introduce a grid-scale battery for utilities, which would offer around four times more energy and life time as compared to lithium ion batteries.
In February 2019, Tata Power, an Indian based company inaugurated a grid-scale battery storage system of 10 MW/10 MWh owned by Mitsubishi and AES at Rohini sub-station in New Delhi, India.
In February 2019, Los Angeles announced its plan to roll-out three power plants operating with natural gas and showed interest towards grid-scale battery storage.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Grid-Scale Battery market are as follows:
Micro and macro environment factors that are currently influencing the Grid-Scale Battery market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Battery
Lithium-Ion
Lead Acid
Flow Battery
Sodium-Based Battery
Others (Ni-Cd, NiMH, NiI, etc.)
Application
Renewable Integration
Peak Shift
Ancillary Services
Back-Up Power
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report: