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Li-ion Battery Market for Energy Storage Systems (ESS) in the US 2015-2019

Li-ion Battery Market for Energy Storage Systems (ESS) in the US 2015-2019

About Li-ion for ESS

Energy storage is a mechanism of storing electricity during the off-peak period and supplying the stored electricity during the on-peak period. An ESS stores the excess electricity, which can be utilized during power shortages, power blackouts, and peak hours of demand. Various technologies such as pumped-hydro storage systems, flywheels, advanced batteries (Li-ion), and other evolving technologies such as CAES are available for ESS. Li-ion batteries are increasingly being preferred because of their inherent advantages such as high dynamic charge acceptance, longer shelf life, reliability, and lower total cost of ownership. Rapid technological evolution will enable large-scale storage of electricity in Li-ion batteries. Such electricity storage is required when the amount of electricity generated is greater than the electricity demand.

Technavio's analysts forecast the Li-ion battery market for ESS in the US to grow at a CAGR of 24.9% over the period 2014-2019.

Covered in this Report

The Li-ion battery market for ESS in the US has been segmented of the basis of technology and key leading states.

Technavio's report, Li-ion Battery Market for ESS in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key States

  • California
  • Illinois
  • West Virginia
Key Vendors
  • A123 Systems
  • Build Your Dream
  • Kokam
  • LG Chem
  • Panasonice
  • SAFT
  • Samsung SDI
Other Prominent Vendors
  • AllCell Technologies
  • Altair Nanotechnologies
  • Boston Power
  • CODA Energy Holdings
  • Enerdel
  • K2 Energy
  • Lithium Energy Japan
  • NEC Energy
  • S&C Electric
  • Seeo
  • Valence
Market Driver
  • Increased demand for Li-ion batteries in grid energy storage
  • For a full, detailed list, view our report
Market Challenge
  • High initial investment
  • For a full, detailed list, view our report
Market Trend
  • Growing demand for decentralized power generation
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?




Press Release

Technavio Announces the Publication of its Research Report – Li-ion Battery Market for Energy Storage Systems (ESS) in the US 2015-2019

Technavio recognizes the following companies as the key players in the li-ion battery market for energy storage systems (ESS) in the US: A123 Systems, Build Your Dream, Kokam, LG Chem, Panasonice, SAFT and Samsung SDI

Other Prominent Vendors in the market are: AllCell Technologies, Altair Nanotechnologies, Boston Power, CODA Energy Holdings, Enerdel, K2 Energy, Lithium Energy Japan, NEC Energy, S&C Electric, Seeo and Valence

Commenting on the report, an analyst from Technavio’s team said: “Currently, the country is shifting away from a centralized power system to a distributed or decentralized generation system. The country is dependent on fossil fuels for energy generation. However, the long cycle of construction required for fossil fuel plants has increased the dependency on decentralized energy resources. Centralized power plants are located in remote locations far away from the residential areas to eliminate the effects of the hazardous emissions discharged by these plants. However, a drawback of centralized power plants is the huge electricity loss that takes place during power transmission. This has led to the emergence of decentralized power generation in the country, most of which generates power from renewable energy sources, such as wind and solar. Thus, with the increasing generation of energy from decentralized plants, there is likely to be a rise in the demand for ESS, thereby driving the demand for Li-ion batteries.”

According to the report, the demand for Li-ion batteries in grid energy storage has increased over the years because of greater fluctuations in the supply of and demand for electricity. The growth in renewable energy production, especially in wind and solar energy, in the recent past has led to increased need for grid energy storage.

Further, the report states that high initial investments and the high per unit cost of Li-ion for ESS makes investors reluctant to invest in Li-ion technologies, thereby hampering market growth.

Companies Mentioned

A123 Systems, Build Your Dream, Kokam, LG Chem, Panasonice, SAFT, Samsung SDI, AllCell Technologies, Altair Nanotechnologies, Boston Power, CODA Energy Holdings, Enerdel, K2 Energy, Lithium Energy Japan, NEC Energy, S&C Electric, Seeo, Valence

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market overview
  • Market Research Methodology
    • Market research process
    • Research methodology
      • Table Market research methodology
  • Market at a Glance
  • Introduction to Li-ion Batteries
    • Advantages and disadvantages of Li-ion batteries
    • Types of Li-ion battery
      • Lithium cobalt oxide
      • Lithium iron phosphate
      • Lithium manganese oxide
      • Lithium nickel manganese cobalt oxide
      • Lithium nickel cobalt aluminum oxide
      • Lithium titanate
    • Li-ion battery applications
  • Introduction
    • Li-ion battery comparison with lead-acid for ESS
      • Table Li-ion and Lead-acid battery comparisons for ESS
  • Market Landscape
    • Overview of ESS
      • Table Schematic diagram of power value chain
      • Table Energy storage rating by various technology
      • ESS application and types
    • Market size and forecast
    • Five forces analysis
  • Market Segmentation by Technology
    • Li-ion battery market for ESS in US by technology 2014 and 2019
      • Table Li-ion battery market for ESS in US by technology 2014 and 2019
  • Key Leading States
    • Illinois
    • West Virginia
    • California
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive scenario
      • Companies by technology provider
    • Key vendors analysis
      • A123 Systems
      • LG Chem
      • SAFT
      • Samsung SDI
      • Kokam
      • BYD
      • Panasonic
  • Key Vendor Profile
    • A123 Systems
      • Key Facts
      • Business Overview
      • Product segmentation
        • Table A123 Systems: product segmentation
      • Applications of prismatic pouch
        • Table A123 Systems: applications of prismatic pouch
      • Benefits of prismatic pouch
        • Table A123 Systems: benefits of prismatic pouch
      • Specifications of prismatic pouch
        • Table A123 Systems: specifications of prismatic pouch
      • Applications of cylindrical pouch
        • Table A123 Systems: applications of cylindrical pouch
      • Benefits of cylindrical pouch
        • Table A123 Systems: benefits of cylindrical pouch
      • Specifications of cylindrical pouch
        • Table A123 Systems: specifications of cylindrical pouch
      • Applications of modules
        • Table A123 Systems: applications of modules
      • Features of modules
        • Table A123 Systems: features of modules
      • Applications of systems
        • Table A123 Systems: applications of systems
      • Geographical presence
        • Table A123 Systems: geographical presence
      • Recent developments
      • SWOT analysis
    • BYD
      • Key facts
      • Business overview
      • Business segmentation by revenue 2013
        • Table BYD: business segmentation by revenue 2013
      • Business segmentation by revenue 2012 and 2013
        • Table BYD: business segmentation by revenue 2012 and 2013 ($ billions)
      • Geographical segmentation by revenue 2013
        • Table BYD: geographical segmentation by revenue 2013
      • Recent developments
      • SWOT analysis
    • Kokam
      • Key facts
      • Business overview
      • Key products
        • Table Kokam: Key products
      • End-user segmentation
        • Table Kokam: end-user segmentation
      • Geographical presence
        • Table Kokam: geographical presence
      • SWOT analysis
    • LG Chem
      • Key facts
      • Business overview
      • Key products of mobile battery
        • Table LG Chem: key products of mobile battery
      • Business segmentation
        • Table LG Chem: business segmentation 2013
      • Business segmentation by revenue 2012 and 2013
        • Table LG Chem: business segmentation by revenue 2012 and 2013 ($ billions)
      • Geographical segmentation by revenue 2013
        • Table LG Chem: geographical segmentation by revenue 2013
      • Business strategy
      • SWOT analysis
    • Saft
      • Key facts
      • Business overview
      • Business segmentation by revenue 2014
        • Table Saft: business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table Saft: business segmentation by revenue 2013 and 2014 ($ millions)
      • Geographical segmentation by revenue 2014
        • Table Saft: geographical segmentation by revenue 2014
      • Business strategy
      • Recent developments
      • SWOT analysis
    • Samsung SDI
      • Key facts
      • Business overview
      • Key products
        • Table Samsung SDI: key products
      • Business segmentation by revenue 2013
        • Table Samsung SDI: business segmentation by revenue 2013
      • Business segmentation by revenue 2012 and 2013
        • Table Samsung SDI: business segmentation by revenue 2012 and 2013 ($ millions)
      • Geographical segmentation by revenue 2013
        • Table Samsung SDI: geographical segmentation by revenue 2013
      • Recent developments
      • SWOT analysis
  • Other Prominent Vendor Profiles
    • Altairnano
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2012
        • Table Altairnano: Business Segmentation by Revenue 2012
      • Business Segmentation by Revenue 2011 and 2012
        • Table Altairnano: Business Segmentation by Revenue 2011 and 2012 ($ millions)
      • Geographical Segmentation by Revenue 2012
        • Table Altairnano: Geographical Segmentation by Revenue 2012
      • Recent Developments
      • SWOT Analysis
    • Boston
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Boston: Product Segmentation 2013
      • End-user Segmentation 2013
        • Table Boston: End-user Segmentation 2013
      • Geographical Presence
        • Table Boston: Geographical Presence
      • SWOT Analysis
    • CODA Energy
      • Key facts
      • Recent Developments
      • Business overview
      • Key products
        • Table CODA Energy: Key products
      • Certifications
        • Table CODA Energy: Certifications
      • Recent developments
      • SWOT analysis
    • EnerDel
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table EnerDel: Product Segmentation
      • Applications
        • Table EnerDel: Applications
        • Table EnerDel: Geographical Presence
      • Recent Developments
      • SWOT Analysis
    • K2 Energy
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table K2 Energy: Product Segmentation
      • Geographical Presence
        • Table K2 Energy: Geographical Presence
      • SWOT Analysis
    • Lithium Energy
      • Key facts
      • Business overview
        • Table Lithium Energy: specifications of LEV50 and LEV50-4 Li-ion batteries
      • SWOT analysis
    • NEC
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table NEC: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table NEC: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • S&C Electric
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table S & C Electric: Product Segmentation 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
    • Seeo
      • Key facts
      • Business overview
      • Geographical presence
        • Table Seeo: Geographical presence
      • Recent developments
      • SWOT analysis
    • Valence
      • Key facts
      • Business overview
      • Recent developments
      • SWOT analysis
  • Other Reports in this Series

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