This report studies the Off-grid Energy Storage Systems market. Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is sometimes called an accumulator or battery.
For the major players of Off-grid Energy Storage Systems, EnerSys maintained its first place, followed by Samsung SDI, LG, Sonnen and Fronius. Top 5 players accounted for 47% of the Global Off-grid Energy Storage Systems revenue market share.
In this study, the sales market for Off-grid Energy Storage Systems was divided into five geographic regions. Asia-Pacific occupied the largest sales market share with 42%. It is followed by Europe and North America, while other regions have smaller market.
On the basis of product type, Lithium-ion Battery segment is projected to account for the largest sales volume market share during the forecast period; this segment was estimated to account for 87% share in terms of volume.
In the applications, Family Backup Power segment was estimated to account for the highest market share of 37% in terms of volume.
Market Analysis and Insights: Global Off-grid Energy Storage Systems Market
In 2020, the global Off-grid Energy Storage Systems market size was US$ 452.3 million and it is expected to reach US$ 988.4 million by the end of 2027, with a CAGR of 11.1% during 2021-2027.
Global Off-grid Energy Storage Systems Scope and Market Size
Off-grid Energy Storage Systems market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Off-grid Energy Storage Systems 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 Off-grid Energy Storage Systems market is segmented into
- Lithium-ion Battery
- Lead-acid Battery
- Others
Segment by Application, the Off-grid Energy Storage Systems market is segmented into
- Family Backup Power
- Industrial UPS
- Unattended Equipment
- Others
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 Off-grid Energy Storage Systems Market Share Analysis
Off-grid Energy Storage Systems 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, Off-grid Energy Storage Systems product introduction, recent developments, Off-grid Energy Storage Systems sales by region, type, application and by sales channel.
The major companies include:
- EnerSys
- Samsung SDI
- LG
- Sonnen
- Fronius
- Toshiba
- Mitsubishi Heavy Industries
- Sumitomo Electric Industries
- Enphase
- SAFT
- NEC Energy Solutions
- BYD
- Tianneng Battery
- CALB
Table of content
1 Study Coverage
1.1 Off-grid Energy Storage Systems Product Introduction
1.2 Market by Type
1.2.1 Global Off-grid Energy Storage Systems Market Size Growth Rate by Type
1.2.2 Lithium-ion Battery
1.2.3 Lead-acid Battery
1.2.4 Others
1.3 Market by Application
1.3.1 Global Off-grid Energy Storage Systems Market Size Growth Rate by Application
1.3.2 Family Backup Power
1.3.3 Industrial UPS
1.3.4 Unattended Equipment
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Off-grid Energy Storage Systems Market Size Estimates and Forecasts
2.1.1 Global Off-grid Energy Storage Systems Revenue 2016-2027
2.1.2 Global Off-grid Energy Storage Systems Sales 2016-2027
2.2 Off-grid Energy Storage Systems Market Size by Region: 2021 Versus 2027
2.3 Off-grid Energy Storage Systems Sales by Region (2016-2027)
2.3.1 Global Off-grid Energy Storage Systems Sales by Region: 2016-2021
2.3.2 Global Off-grid Energy Storage Systems Sales Forecast by Region (2022-2027)
2.3.3 Global Off-grid Energy Storage Systems Sales Market Share by Region (2016-2027)
2.4 Off-grid Energy Storage Systems Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Off-grid Energy Storage Systems Revenue by Region: 2016-2021
2.4.2 Global Off-grid Energy Storage Systems Revenue Forecast by Reg
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The aim of this report Off-grid Energy Storage Systems Market, This report provides over view of definition, application and manufacturing technology.
The report show the statistical analysis by is cost, capacity, production, production value etc.
Energy storage is the capture of energy produced at one time for use at a later time.
A device that stores energy is sometimes called an accumulator or battery.In the coming years there is an increasing demand for off-grid energy storage systems in the regions of developing regions that is expected to drive the market for more advanced off-grid energy storage systems.
More-intense competition, launches in introducing new products, increasing of spending on renewable energy, retrofitting and renovation of old technology, increasing adoption of off-grid energy storage systems will drive growth in developing regions market.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-offgrid-energy-storage-systems-2019-2024-794According to this study, over the next five years the Off-grid Energy Storage Systems market will register a 6.7% CAGR in terms of revenue, the global market size will reach US$ 560 million by 2024, from US$ 380 million in 2019.
In particular, this report presents the global market share (sales and revenue) of key companies in Off-grid Energy Storage Systems business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Off-grid Energy Storage Systems market by product type, application, key manufacturers and key regions and countries.This study considers the Off-grid Energy Storage Systems value and volume generated from the sales of the following segments:Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.Lithium-ion BatteryLead-acid BatteryOthersSegmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.Family Backup PowerIndustrial UPSUnattended EquipmentOthersThis report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.AmericasUnited StatesCanadaMexicoBrazilAPACChinaJapanKoreaSoutheast AsiaIndiaAustraliaEuropeGermanyFranceUKItalyRussiaSpainMiddle East & AfricaEgyptSouth AfricaIsraelTurkeyGCC CountriesThe report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.The key manufacturers covered in this report: Breakdown data in in Chapter 3.EnerSysSAFTSonnenNEC Energy SolutionsSumitomo Electric IndustriesFroniusLG ChemTo know more manufacturersIn addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole.
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