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Energy Storage Market in China 2018-2022

About Energy Storage

Energy storage is a process of storing energy generated for later use. Energy storage systems can range from a few MW (to power an individual home) to large-scale MW plants. Energy storage technologies include batteries, flywheels, pumped hydro storage, thermal storage, and compressed air energy storage (CAES).

Technavio’s analysts forecast the energy storage market in China to register a CAGR of 39.85% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the energy storage market in China for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Energy Storage Market in China 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Narada Power Source
  • Shandong Sacred Sun Power Sources
  • SHENZHEN CLOU ELECTRONICS
  • SUNGROW
  • ZTT
Market driver
  • Energy revolution
  • For a full, detailed list, view our report
Market challenge
  • Technical challenges associated with battery technology
  • For a full, detailed list, view our report
Market trend
  • Decline in Li-ion battery price
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global electrochemical energy storage market segmentation
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Energy storage market in China - Market size and forecast 2017-2022 (MW)
      • Table Installed capacity by technology in China 2016-2025 (%)
      • Table Energy storage market in China - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Behind the meter - Market size and forecast 2017-2022
      • Table Behind the meter - Market size and forecast 2017-2022 (MW)
      • Table Indexed savings from feed-in without energy storage and with energy storage (%)
      • Table Behind the meter - Year-over-year growth 2018-2022 (%)
    • Grid integration - Market size and forecast 2017- 2022
      • Table Grid integration - Market size and forecast 2017-2022 (MW)
      • Table Electricity demand in China 2016 and growth to 2040 (TWh)
      • Table Comparison of coal and low-carbon fuels utilization in China between 1990-2016 and 2016-2040
      • Table Grid integration - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Indexed electrochemical energy storage in China 2011 and 2017 (MW)
      • Table Historical drivers of solar PV installation before 2016 (%)
    • Market challenges
      • Table Challenges faced while using Li-ion batteries
  • Market trends
    • Decline in Li-ion battery price
      • Table Global Li-ion battery cost 2009-2016 ($ per kWh)
    • Increasing renewable energy generation
      • Table Indexed CO2 emissions in China 2000-2025
    • Wide-scale deployment of distributed generation
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Narada Power Source
      • Table Narada Power Source - Overview
      • Table Narada Power Source - Business segments
      • Table Narada Power Source - Organizational developments
      • Table Narada Power Source - Segment focus
      • Table Narada Power Source - Key offerings
    • Shandong Sacred Sun Power Sources
      • Table Shandong Sacred Sun Power Sources - Overview
      • Table Shandong Sacred Sun Power Sources - Business segments
      • Table Shandong Sacred Sun Power Sources - Organizational developments
      • Table Shandong Sacred Sun Power Sources - Key offerings
    • SHENZHEN CLOU ELECTRONICS
      • Table SHENZHEN CLOU ELECTRONICS - Overview
      • Table SHENZHEN CLOU ELECTRONICS - Business segments
      • Table SHENZHEN CLOU ELECTRONICS - Organizational developments
      • Table SHENZHEN CLOU ELECTRONICS - Key offerings
    • SUNGROW
      • Table SUNGROW - Overview
      • Table SUNGROW - Business segments
      • Table SUNGROW - Organizational developments
      • Table SUNGROW - Key offerings
    • ZTT
      • Table ZTT - Overview
      • Table ZTT - Business segments
      • Table ZTT - Organizational developments
      • Table ZTT - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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