Market Research Logo

Lithium ion Battery Market for ESS in APAC 2015-2019

Lithium ion Battery Market for ESS in APAC 2015-2019

About Li-ion Battery for ESS

Energy storage is the 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 APAC to grow at a CAGR of 17.3% over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the li-ion battery market for ESS in APAC for the period 2015-2019.3 The market is segmented on the basis of the following: technology and ownership model.

Technavio's report, Li-ion Battery Market for ESS in APAC 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Countries

  • Australia
  • China
  • Japan
  • South Korea
Key Vendors
  • A123 Systems
  • BYD
  • Kokam
  • LG Chem
  • Panasonic
  • Samsung SDI
Other Prominent Vendors
  • Amperex Technology
  • Boston-power
  • CALB
  • GS Yuasa
  • SK Innovation
  • Sony
Market Driver
  • Demand for Li-ion Batteries for 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
  • Integration of ESS with Microgrids
  • 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 ESS in APAC 2015-2019

Technavio recognizes the following companies as the key players in the li-ion battery market for ESS in APAC: A123 Systems, BYD, Kokam, LG Chem, Panasonic and Samsung SDI

Other Prominent Vendors in the market are: Amperex Technology, Boston-power, CALB, GS Yuasa, SK Innovation and Sony

Commenting on the report, an analyst from Technavio’s team said: “Currently, many countries in APAC are 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. Thus, the increasing generation of energy from decentralized plants will propel the demand for ESS, thereby driving the demand for Li-ion batteries in ESS.”

According to the report, grid energy storage refers to the large-scale storage of electricity in electrical power grids. The demand for Li-ion batteries in grid energy storage has increased over the years in response to rising fluctuations in the supply of and demand for electricity. Li-ion batteries store excess power and make this stored power available during peak hours of demand. The growth in renewable energy production, especially in wind and solar energy, in the past few years has led to increased need for grid energy storage.

Further, the report states that one of the key challenges for this market is high initial investment.

Companies Mentioned

A123 Systems, BYD, Kokam, LG Chem, Panasonic, Samsung SDI, Amperex Technology, Boston-power, CALB, GS Yuasa, SK Innovation, Sony

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction to Li-ion Batteries
    • Advantages and Disadvantages of Li-ion Batteries
    • Types of Li-ion Battery
      • Lithium Cobalt Oxide Batteries
      • Lithium Iron Phosphate Batteries
      • Lithium Manganese Oxide Batteries
      • Lithium Nickel Manganese Cobalt Oxide Batteries
      • Lithium Nickel Cobalt Aluminum Oxide Batteries
      • Lithium Titanate Batteries
    • Li-ion Battery Applications
  • Introduction
    • Li-ion Battery Comparison with Lead-acid for ESS
      • Table Li-ion Battery Comparison with Lead-acid for ESS
  • Market Landscape
    • ESS Market Overview in APAC
      • Table Schematic Diagram of Power Value Chain
      • Table Energy Storage Rating by Various Technologies
      • ESS Application and Types
    • Market Size and Forecast
    • Five Forces Analysis
  • Market Segmentation by Technology
    • Li-ion Battery Market for ESS in APAC by Technology 2014-2019
      • Table Li-ion Battery Market for ESS in APAC by Technology 2014 -2019
  • Market Segmentation by Ownership Model
    • Market Segmentation by Ownership Model 2014 and 2019
      • Li-ion Battery Market for ESS in APAC by Utility-owned Model
      • Li-ion Battery Market for ESS in APAC by Custom-owned Model
      • Li-ion Battery Market for ESS in APAC by Third-party-owned Model
  • Key Leading Countries
    • South Korea
    • Japan
    • China
    • Australia
  • 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 Profiles
    • 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 (US$ billions)
      • Geographical Segmentation by Revenue 2013
        • Table BYD: Geographical Segmentation by Revenue 2013
      • Recent Developments
      • 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 (US$ billions)
      • Geographical Segmentation by Revenue 2013
        • Table LG Chem: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • 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 (US$ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Samsung SDI: 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
    • Panasonic
      • Key Facts
      • Business Description
      • Series of Lithium-ion Batteries
        • Table Panasonic: Series of Lithium-ion Batteries
      • Applications of Lithium-ion Batteries
        • Table Panasonic: Applications of Lithium-ion Batteries
      • Features of lithium-ion Batteries
        • Table Panasonic: Features of lithium-ion Batteries
      • Business Segmentation 2014
        • Table Panasonic: Business Segmentation 2014
      • Geographical Segmentation
        • Table Panasonic: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Key Developments
      • SWOT Analysis
  • Other Prominent Vendor Profiles
    • ATL
      • Key Facts
      • Business Overview
      • ATL: Lithium-ion Batteries
      • Product Segmentation
        • Table Hitachi: Product Segmentation
      • End-user Segmentation
        • Table ATL: End-user Segmentation
      • Geographical Presence
        • Table ATL: Geographical Presence
      • 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
      • Recent Developments
      • SWOT Analysis
    • CALB
      • Key Facts
      • Business Overview
      • Product Portfolio
        • Table CALB: Product Portfolio
      • Geographical Presence
        • Table CALB: Geographical Presence
      • SWOT Analysis
    • GS Yuasa
      • Key facts
      • Business overview
      • Description of Li-ion batteries
        • Table GS Yuasa: description of Li-ion batteries
      • Features of Li-ion battery
        • Table GS Yuasa: features of Li-ion battery
      • Business segmentation by revenue 2014
        • Table GS Yuasa: business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table GS Yuasa: business segmentation by revenue 2013 and 2014 ($ billions)
      • Geographical segmentation by revenue 2014
        • Table GS Yuasa: geographical segmentation by revenue 2014
      • Business strategy
      • Recent developments
      • SWOT Analysis
    • SK Innovation
      • Key facts
      • Business overview
        • Table Performance of power cell
        • Table Performance of energy cell
      • Product segmentation
        • Table SK Innovation: product segmentation
      • Applications areas
        • Table SK Innovation: applications areas
      • Geographical presence
        • Table SK Innovation: geographical presence
      • Recent developments
      • SWOT Analysis
    • Sony
      • Key Facts
      • Business Overview
      • Sony: Batteries
      • Batteries Offered
        • Table Sony: Batteries Offered
      • Business Segmentation by Revenue 2014
        • Table Sony: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Sony: Business Segmentation by Revenue 2013 and 2014 (US$ billions)
      • Geographical Segmentation by Revenue 2014
        • Table Sony: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report