Energy storage battery for microgrids is an energy reservoir that can store electrical energy and supply energy when required. Such a battery system has the added advantage of matching generation to the time of use and enables peak-shaving applications. Battery-based energy storage is more environmentally-friendly than traditional diesel generators and significantly reduces the fuel and sizing needs for common backup generators. Even small amounts of energy storage can have a major impact on reducing fuel costs, maintenance and omissions of diesel or bio-diesel generators.

The major players in global Energy Storage Battery for Microgrids market include NGK Group, Panasonic, Toshiba, BYD, etc. The top 4 players occupy about 40% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Sodium-sulfur Battery and Lithium-ion are main types, with a share about 70%. Utility is the main application, which holds a share about 90%.

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Market Analysis and Insights: Global Energy Storage Battery for Microgrids Market

In 2020, the global Energy Storage Battery for Microgrids market size was US$ 245 million and it is expected to reach US$ 430.6 million by the end of 2027, with a CAGR of 7.5% during 2021-2027.

Global Energy Storage Battery for Microgrids Scope and Market Size

Energy Storage Battery for Microgrids market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Energy Storage Battery for Microgrids market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Energy Storage Battery for Microgrids market is segmented into

  • Sodium-sulfur Battery
  • VRLA Lead Acid
  • Lithium-ion
  • Others

Segment by Application, the Energy Storage Battery for Microgrids market is segmented into

  • Household
  • Enterprise
  • Utility

Regional and Country-level Analysis:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Southeast Asia
  • Australia
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Rest of Europe
  • Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Competitive Landscape and Energy Storage Battery for Microgrids Market Share Analysis

Energy Storage Battery for Microgrids market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Energy Storage Battery for Microgrids product introduction, recent developments, Energy Storage Battery for Microgrids sales by region, type, application and by sales channel.

The major companies include:

  • NGK Group
  • Samsung SDI
  • NEC
  • Panasonic
  • MHI
  • Toshiba
  • S&C Electric
  • Beacon Power
  • CALMAC
  • Saft
  • Sumitomo Electric
  • EnSync
  • Eos Energy Storage
  • OutBack Power
  • Aggreko
  • BYD
  • CALB
  • ATL
  • Rongke Power
  • Shen-li High Tech
  • Meineng
  • Chilwee
  • Narada

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Table of content

1 Study Coverage
1.1 Energy Storage Battery for Microgrids Product Introduction
1.2 Market by Type
1.2.1 Global Energy Storage Battery for Microgrids Market Size Growth Rate by Type
1.2.2 Sodium-sulfur Battery
1.2.3 VRLA Lead Acid
1.2.4 Lithium-ion
1.2.5 Others
1.3 Market by Application
1.3.1 Global Energy Storage Battery for Microgrids Market Size Growth Rate by Application
1.3.2 Household
1.3.3 Enterprise
1.3.4 Utility
1.4 Study Objectives
1.5 Years Considered

2 Executive Summary
2.1 Global Energy Storage Battery for Microgrids Market Size Estimates and Forecasts
2.1.1 Global Energy Storage Battery for Microgrids Revenue 2016-2027
2.1.2 Global Energy Storage Battery for Microgrids Sales 2016-2027
2.2 Energy Storage Battery for Microgrids Market Size by Region: 2021 Versus 2027
2.3 Energy Storage Battery for Microgrids Sales by Region (2016-2027)
2.3.1 Global Energy Storage Battery for Microgrids Sales by Region: 2016-2021
2.3.2 Global Energy Storage Battery for Microgrids Sales Forecast by Region (2022-2027)
2.3.3 Global Energy Storage Battery for Microgrids Sales Market Share by Region (2016-2027)
2.4 Energy Storage Battery for Microgrids Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Energy Storage Battery for Microgrids Revenue by Region: 2016-2021
2.4.2 Global

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