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U.S. Advanced Battery Energy Storage System Market Analysis By Product (Lithium-ion Battery, Flow Battery), By Application (Transportation, Grid Storage, UPS, Telecom) And Segment Forecasts To 2024

U.S. Advanced Battery Energy Storage System Market Analysis By Product (Lithium-ion Battery, Flow Battery), By Application (Transportation, Grid Storage, UPS, Telecom) And Segment Forecasts To 2024

The U.S. advanced battery energy storage system market is expected to reach USD 780.5 million by 2024, according to a new report by Grand View Research, Inc. Technological advancement and presence of a large number of market players are expected to propel demand over the forecast period.

Advanced battery energy storage systems market is expected to witness a significant rise in demand in the coming future on account of rising technological innovation in the field of smart metering, smart grids, and home control devices.In addition, growing R&D activities and rising investments in the field of distributed energy storage is expected to drive the market growth over the forecast period.

Rising emphasis by the government to reduce the dependency on fossil fuels to achieve energy needs and increase the share of renewable sources in the energy mix is expected to drive the market demand for the product in the grid storage over the forecast period.

Further key findings from the report suggest:

Demand from transportation application in the U.S. is expected to witness a CAGR of about 15% over the forecast period. The demand for commercial electric vehicles has been driving the growth of advanced battery energy storage systems in the economy over the past years. Extensive R&D is being conducted by various institutesin order to develop advanced battery technologies for the transportation sector, thereby propelling growth.

Advanced flow battery energy storage system demand was over USD 15 million in 2015. The flow batteries have become highly popular over the past years on account of increased storage capacity, high safety levels, and cost effective storage. The U.S. DOE have been promoting utilization of vanadium flow batteries for application in UPS systems installed in commercial buildings such as hospitals. These are also being utilized for application in nuclear power plants.

The manufacturers supply the product through a wide distribution network. There is intense competition among the market players in order to fulfill changing consumer demand. Improving technology in various end-use markets requires arapid shift in advanced battery technology for meeting demand. Product differentiation also plays a major role in strengthening the position in this market.

Market players are majorly involved in the direct supply of the product to the end-users. Some of the major strategies being adopted by key players at present include new product development to create product differentiation, expansion, and technological development in order to reduce cost and provide efficient battery storage to the customers.


Chapter 1 Research Methodology
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
Chapter 3 U.S. Advanced Battery Energy Storage Industry Outlook
3.1 U.S. advanced battery energy storage energy market segmentation
3.2 U.S. advanced battery energy storage system market size and growth prospects, 2013 - 2024
3.3 U.S. advanced battery energy storage system - Value chain analysis
3.3.1 Vendor landscape
3.4 Technology Overview
3.4.1 Battery Remote Monitoring Service
3.4.1.1 UPS
3.4.1.2 Telecom
3.4.1.3 Forklifts
3.5 Regulatory Framework
3.6 U.S. advanced battery energy storage system market dynamics
3.6.1 Market driver analysis
3.6.1.1 Increasing application scope in grid storage
3.6.1.2 Increasing investment in R&D activities coupled with growing demand for technologically advanced grid management
3.6.2 Market restraints analysis
3.6.2.1 Safety and environmental issues
3.7 Key opportunities prioritized
3.8 U.S. advanced battery energy storage system Porter’s analysis
3.9 U.S. advanced battery energy storage system competitive landscape
3.10 U.S. advanced battery energy storage system market PESTEL analysis
3.11 Key battery remote monitoring system vendors in the U.S.
3.11.1 Emerson Network Power
3.11.1.1 Headquarters
3.11.1.2 Geographical Presence
3.11.1.3 Product Portfolio
3.11.1.4 New Product Development
3.11.1.5 Recent Activities
3.11.1.6 Financial Performance
3.11.2 Alpha Technologies Inc.
3.11.2.1 Headquarters
3.11.2.2 Geographical Presence
3.11.2.3 Product Portfolio
3.11.2.4 New Product Development
3.11.2.5 Recent Activities
3.11.2.6 Financial Performance
3.11.3 BTECH, Inc.
3.11.3.1 Headquarters
3.11.3.2 Geographical Presence
3.11.3.3 Product Portfolio
3.11.3.4 Financial Performance
3.11.4 NDSL Group LTD
3.11.4.1 Headquarters
3.11.4.2 Geographical Presence
3.11.4.3 Product Portfolio
3.11.4.4 Recent Activities
3.11.4.5 Financial Performance
3.11.5 VEBAR USA, LLC
3.11.5.1 Headquarters
3.11.5.2 Geographical Presence
3.11.5.3 Product Portfolio
3.11.5.4 Financial Performance
3.11.6 PowerShield Limited
3.11.6.1 Headquarters
3.11.6.2 Geographical Presence
3.11.6.3 Product Portfolio
3.11.6.4 Recent Activities
3.11.6.5 Financial Performance
3.11.7 Power Solutions, LLC
3.11.7.1 Headquarters
3.11.7.2 Geographical Presence
3.11.7.3 Product Portfolio
3.11.7.4 Recent Activities
3.11.7.5 Recent Activities
3.11.7.6 Financial Performance
3.11.8 Battery Informer
3.11.8.1 Headquarters
3.11.8.2 Geographical Presence
3.11.8.3 Product Portfolio
3.11.8.4 Financial Performance
3.11.9 Pheonix Broadband Technologies
3.11.9.1 Headquarters
3.11.9.2 Geographical Presence
3.11.9.3 Product Portfolio
3.11.9.4 Financial Performance
3.11.10 Alber
3.11.10.1 Headquarters
3.11.10.2 Geographical Presence
3.11.10.3 Product Portfolio
3.11.10.4 Financial Performance
3.12 Battery Remote Monitoring Service Market Estimates
Chapter 4 U.S. Advanced Battery Energy Storage Product Outlook
4.1 U.S. advanced battery energy storage system market installed capacity share, by product, 2015 & 2024
4.2 Lithium-ion Battery
4.2.1 U.S. advanced lithium-ion battery energy storage system market estimates and forecast, 2013 - 2024 (MW) (USD Million)
4.3 Flow Battery
4.3.1 U.S. advanced flow battery energy storage system market estimates and forecast, 2013 - 2024 (MW) (USD Million)
4.4 Other Batteries
4.4.1 U.S. other advanced battery energy storage system market estimates and forecast, 2013 - 2024 (MW) (USD Million)
Chapter 5 U.S. Advanced Battery Energy Storage Application Outlook
5.1 U.S. advanced battery energy storage system market installed capacity share, by application, 2015 & 2024
5.2 Transportation
5.2.1 U.S. advanced battery energy storage system market estimates and forecast in transportation, 2013 - 2024 (MW) (USD Million)
5.3 Grid Storage
5.3.1 U.S. advanced battery energy storage system market estimates and forecast in grid storage, 2013 - 2024 (MW) (USD Million)
5.4 Uninterruptible Power Supply (UPS)
5.4.1 U.S. advanced battery energy storage system market estimates and forecast in UPS, 2013 - 2024 (MW) (USD Million)
5.5 Telecom
5.5.1 U.S. advanced battery energy storage system market estimates and forecast in telecom, 2013 - 2024 (MW) (USD Million)
5.6 Others
5.6.1 U.S. advanced battery energy storage system market estimates and forecast in other applications, 2013 - 2024 (MW) (USD Million)
Chapter 6 Competitive Landscape
6.1 General Electric
6.1.1 Company Overview
6.1.2 Financial Performance
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Beckett Energy Systems
6.2.1 Company Overview
6.2.2 Financial Performance
6.2.3 Product Benchmarking
6.2.4 Strategic Initiatives
6.3 Hitachi Ltd.
6.3.1 Company Overview
6.3.2 Financial Performance
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Exide Technologies
6.4.1 Company Overview
6.4.2 Financial Performance
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 NGK Insulators Ltd.
6.5.1 Company Overview
6.5.2 Financial Performance
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Enersys
6.6.1 Company Overview
6.6.2 Financial Performance
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 AES Energy Storage
6.7.1 Company Overview
6.7.2 Financial Performance
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
6.8 Altair Nanotechnologies Inc.
6.8.1 Company Overview
6.8.2 Financial Performance
6.8.3 Product Benchmarking
6.9 Samsung SDI
6.9.1 Company Overview
6.9.2 Financial Performance
6.9.3 Product Benchmarking
6.9.4 Strategic Initiatives
6.10 Imergy Power Systems Inc.
6.10.1 Company Overview
6.10.2 Financial Performance
6.10.3 Product Benchmarking
6.10.4 Strategic Initiatives
List of Tables
1. U.S. Advanced Battery Energy Storage Market- Industry Summary & Key Buying Criteria
2. U.S. advanced battery energy storage system market estimates and forecast, 2013 - 2024 (MW) (USD Million)
3. U.S. advanced battery energy storage system market, by product, 2013 - 2024 (MW)
4. U.S. advanced battery energy storage system market, by product, 2013 - 2024 (USD Million)
5. U.S. advanced battery energy storage system market, by application, 2013 - 2024 (MW)
6. U.S. advanced battery energy storage system market, by application, 2013 - 2024 (USD Million)
7. Vendor landscape
8. U.S. advanced battery energy storage system - Key market driver analysis
9. U.S. advanced battery energy storage system - Key market restraint analysis
10. U.S. battery remote monitoring service market estimates and forecast, 2013 - 2024 (USD Million)
11. U.S. advanced lithium-ion battery energy storage system market estimates and forecast, 2013 - 2024 (MW) (USD Million)
12. U.S. advanced flow battery energy storage system market estimates and forecast, 2013 - 2024 (MW) (USD Million)
13. U.S. other advanced battery energy storage system market estimates and forecast, 2013 - 2024 (MW) (USD Million)
14. U.S. advanced battery energy storage system market estimates and forecast in transportation, 2013 - 2024 (MW) (USD Million)
15. U.S. advanced battery energy storage system market estimates and forecast in grid storage, 2013 - 2024 (MW) (USD Million)
16. U.S. advanced battery energy storage system market estimates and forecast in UPS, 2013 - 2024 (MW) (USD Million)
17. U.S. advanced battery energy storage system market estimates and forecast in telecom, 2013 - 2024 (MW) (USD Million)
18. U.S. advanced battery energy storage system market estimates and forecast in other applications, 2013 - 2024 (MW) (USD Million)
List of Figures
1. U.S. advanced battery energy storage market segmentation
2. U.S. advanced battery energy storage system market, 2013 - 2024 (MW) (USD Million)
3. U.S. advanced battery energy storage system-Value chain analysis
4. U.S. advanced battery energy storage system market dynamics
5. U.S. advanced battery energy storage system-Key opportunities prioritized
6. U.S. advanced battery energy storage system Market Porter’s analysis
7. U.S. advanced battery energy storage system market PESTEL analysis
8. U.S. advanced battery energy storage system market installed capacity share, by product, 2015 & 2024
9. U.S. advanced battery energy storage system market installed capacity share, by application, 2015 & 2024

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