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Dynamic Competitors in the European Battery Energy Storage Market, 2018

Dynamic Competitors in the European Battery Energy Storage Market, 2018

The European energy storage market is undergoing a stage of technological evolution, with digital transformation, electric vehicle (EV) penetration, and smart grid initiatives leading the charge. The European region is becoming a hotspot for energy storage driven by falling battery and photovoltaic (PV) costs, attractive subsidies, and increasing electricity tariff rates. The region is entrenched with battery manufacturers coming up with a product portfolio with enhanced technological capabilities and financing options for facilitating the widespread adoption of energy storage systems. Strong, viable business models and strategic partnerships with PV kit integrators/distributors are crucial for penetrating this market, while enhancing the attractiveness of the energy storage solutions. Storage manufacturers are increasingly partnering with intelligent energy management solution providers that can incorporate machine learning (ML) and artificial intelligence (AI) to take real-time smart energy management decisions. The major growth opportunities lie in residential and commercial solar with storage market, which is poised to accelerate, with business models such as community energy trading and energy storage as a service expected to be the key driving factors.

Research Scope
The scope of the study involves the dynamic competitors in the European battery energy storage market that provide products and solutions to the residential, commercial, industrial, and utility applications. Each profile includes an overview of the competitor and covers its major product line offerings, key partners, distribution channel strategy, business model, and key development plans.

A rigorous methodology was followed to identify the market participants based on their product innovation and growth strategies. Top management executives of the companies were interviewed to obtain information on the key company strategies.

The companies profiled are: Sonnen, Fronius, Varta, SOLARWATT, E3/DC, SENEC, SMA, IBC Solar, Alpha ESS, Enphase, Electrochaea, RedT, Younicos, Akasol, Autarsys, Forsee Power, Moixa, and Powervault.

Research Highlights
Frost & Sullivan has highlighted the contribution of 18 dynamic competitors disrupting the energy storage market in Europe. A detailed profiling of the participants, including general company information, product lines, market strategies, and key growth areas, has been developed.

Key Issues Addressed
Which are the dynamic competitors in the European battery energy storage market?
What are their distribution strategies and business models?
What are the kinds of products that market participants are developing to meet the needs of customers?
What are the major trends in the battery energy storage market?
Which are the market segments that competitors are operating in and what are their market strategies?


  • Executive Summary
    • Key Findings
    • Dynamic Competitors in the European Battery Energy Storage Market
    • Summary of Key Competitors in the European Battery Energy Storage Market
  • Market Definitions
    • Key Questions this Study will Answer
    • Additional Sources of Information on the Energy Storage Market
  • Competitor Profiling
    • Sonnen
    • Sonnen-Business Models and Channel Strategies
    • Fronius
    • Fronius-Business Models and Channel Strategies
    • VARTA Storage GmbH
    • VARTA Storage GmbH-Business Models and Channel Strategies
    • VARTA Storage GmbH-Product Portfolio
    • SOLARWATT
    • SOLARWATT-Business Models and Channel Strategies
    • E3/DC
    • E3/DC-Business Models and Channel Strategies
    • SENEC
    • SENEC-Business Models and Channel Strategies
    • SMA
    • SMA-Business Models and Channel Strategies
    • IBC Solar
    • IBC Solar-Business Models and Channel Strategies
    • Alpha ESS Europe GmbH
    • Alpha ESS-Business Models and Channel Strategies
    • Enphase
    • Enphase-Business Models and Channel Strategies
    • Electrochaea GmbH
    • Electrochaea GmbH-Business Models and Channel Strategies
    • RedT
    • RedT-Business Models and Channel Strategies
    • Younicos
    • Younicos-Business Models and Channel Strategies
    • Akasol
    • Akasol-Business Models and Channel Strategies
    • Autarsys GmbH
    • Autarsys GmbH-Business Models and Channel Strategies
    • Forsee Power
    • Forsee Power-Business Models and Channel Strategies
    • Moixa
    • Moixa-Business Models and Channel Strategies
    • Powervault
    • Powervault-Business Models and Channel Strategies
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1-Data Analytics
    • Growth Opportunity 2-Business Models
    • Strategic Imperatives for Success and Growth
  • The Last Word
    • The Last Word-3 Big Predictions

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