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Global Decentralized Energy Storage Market 2019-2023

Global Decentralized Energy Storage Market 2019-2023

About this market

One of the major issues faced by the companies in the C&I sector is the downtime caused due to power outages. Even a small disruption in the supply of electricity in hospitals and nursing facilities can put lives at risk. Instances of power outages are resulting in significant losses for manufacturing companies as they are missing the timelines in delivering products to their customers. Power outages have led several manufacturing plants to shut down across the world. In December 2017, Delta Air Lines Inc. incurred a significant loss due to a power outage. Such financial catastrophes and business downtimes are creating a pressing requirement for investment in energy storage to overcome problems associated with power outages. This growing need for backup power is expected to drive the growth of the global decentralized energy storage market over the forecast period at a CAGR of over 18%. However, the market’s momentum will decelerate in the coming years because of the decrease in year-over-year growth.

Market Overview

Growing economic benefits of ESS

End-users are adopting ESS to store energy rather than depending on the power grid during peak power demand. This results in huge monetary savings as they reduce the peak demand charges they pay. Owing to such benefits, the demand for ESS is expected to increase over the forecast period and subsequently drive the growth of the global decentralized energy storage market size.

Stringent laws against lead pollution

Lead-acid batteries, that is one of the electrochemical energy storage technologies, contains sulfuric acid which is dumped in landfills contaminate groundwater reserves and drinking water supplies. Such improper disposal of the used lead-acid batteries is driving many countries to introduce stringent laws on the production and disposal of lead-acid batteries to reduce the risk of lead poisoning. For instance, China recently shut down many lead-acid battery plants and enforced strict regulations for the production of lead-acid batteries. This is expected to have a negative impact on the growth of the global decentralized energy storage market.

For the detailed list of factors that will drive and challenge the growth of the decentralized energy storage market size during 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly fragmented with several players occupying the market share. Companies such as CALMAC and Fluence Energy LLC have intensified the competition. Factors such as the rising need for backup power and the growing economic benefits of ESS will provide significant growth opportunities for decentralized energy storage companies. CALMAC, Fluence Energy LLC, LG Chem Ltd., NEC Corp., NGK Insulators Ltd., and SENER Ingeniería y Sistemas SA are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global energy storage market
      • Table Segments of global energy storage market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (MW)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • 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 2018
  • Market segmentation by technology
    • Table Technology - Market share 2018-2023 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Battery energy storage - Market size and forecast 2018- 2023
      • Table Battery energy storage - Market size and forecast 2018-2023 (MW)
      • Table Battery energy storage - Year-over-year growth 2019-2023 (%)
    • Thermal energy storage - Market size and forecast 2018- 2023
      • Table Thermal energy storage - Market size and forecast 2018-2023 (MW)
      • Table Thermal energy storage - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (MW)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 (MW)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 (MW)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (MW)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Rising adoption of microgrids
    • Development of smart cities and ZEBs
    • Advances in energy storage technologies
  • 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
    • CALMAC
      • Table CALMAC - Vendor overview
      • Table CALMAC - Organizational developments
      • Table CALMAC - Key offerings
    • Fluence Energy LLC
      • Table Fluence Energy LLC - Vendor overview
      • Table Fluence Energy LLC - Organizational developments
      • Table Fluence Energy LLC - Key offerings
    • LG Chem Ltd.
      • Table LG Chem Ltd. - Vendor overview
      • Table LG Chem Ltd. - Business segments
      • Table LG Chem Ltd. - Organizational developments
      • Table LG Chem Ltd. - Geographic focus
      • Table LG Chem Ltd. - Segment focus
      • Table LG Chem Ltd. - Key offerings
    • NEC Corp.
      • Table NEC Corp. - Vendor overview
      • Table NEC Corp. - Business segments
      • Table NEC Corp. - Organizational developments
      • Table NEC Corp. - Geographic focus
      • Table NEC Corp. - Segment focus
      • Table NEC Corp. - Key offerings
    • NGK Insulators Ltd.
      • Table NGK Insulators Ltd. - Vendor overview
      • Table NGK Insulators Ltd. - Business segments
      • Table NGK Insulators Ltd. - Organizational developments
      • Table NGK Insulators Ltd. - Geographic focus
      • Table NGK Insulators Ltd. - Segment focus
      • Table NGK Insulators Ltd. - Key offerings
    • SENER Ingeniería y Sistemas SA
      • Table SENER Ingeniería y Sistemas SA - Vendor overview
      • Table SENER Ingeniería y Sistemas SA - Business segments
      • Table SENER Ingeniería y Sistemas SA - Organizational developments
      • Table SENER Ingeniería y Sistemas SA - Geographic focus
      • Table SENER Ingeniería y Sistemas SA - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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