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Advanced Energy Storage Systems Market by Application (Transportation, and Grid Storage), by Technology (Lithium ion Battery, PHS, NaS Battery, CAES, Flow Battery, Supercapacitors, and Others), by End User & by Region - Global Forecast to 2020

Advanced Energy Storage Systems Market by Application (Transportation, and Grid Storage), by Technology (Lithium ion Battery, PHS, NaS Battery, CAES, Flow Battery, Supercapacitors, and Others), by End User & by Region - Global Forecast to 2020

Advanced energy storage systems market is expected to reach a value of USD 15.95 billion by 2020, at a high CAGR of 4.4% during the forecast period. Energy arbitrage opportunities, increasing renewable installations and growth of the electric vehicles market are propelling the growth of the energy storage systems market across the globe. Various regions, especially North America and Europe, are investing in expanding their energy storage infrastructure in order to perceive sustainable development; energy storage systems are considered to be the need of the hour in order to achieve energy security. Growing economies such as Asia-Pacific leading the energy storage systems market as the region is moving towards renewable energy sources to cope up with the increasing energy demand. The government has taken various steps for renewable energy programs, and therefore, increasing renewable energy programs across the world would definitely support the usage of energy storage systems.

“Transportation application leading the global market”
The transportation application is the fastest growing segment in the global energy storage systems market. The high growth is attributed to increasing usage of electric vehicles in developing as well as developed economies across the world. According to Electric Vehicles Initiative (EVI), there will be approximately 20 million electric vehicles on road by 2020, which is a huge growth considering the current presence of 180,000+ electric vehicles globally.

“Europe & North America: Growing at a similar pace in the energy storage systems market”
These regions are focusing on developing reliable and efficient grid networks. In order to achieve sustainable development, respective governments are deploying new renewable installations in the countries. This increases the demand for energy storage systems in the region. Most countries in the respective regions are member of EVI, and as a part of their target of reducing carbon emissions, these countries have long-term sales targets of electric vehicles, supporting the demand for energy storage systems in the region.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants among other experts to obtain & verify critical qualitative and quantitative information as well as assess future market prospects. Distribution of primary interviews is as follows:

By Company Type: Tier 1-22%, Tier 2- 47%, Tier3-31%
By Designation: C Level- 34%, Director Level- 29%, Others- 37%
By Region: Asia-Pacific-34%, Europe-29%, North America-23%, RoW-14%

Note: *Others include sales managers, marketing managers, and product managers
The tier of the companies is defined on the basis of their total revenue, as of 2013: Tier 1 = >USD 10 billion, Tier 2 = USD 1 billion to USD 10 billion and Tier 3 = <USD 1 billion

Leading players of this industry have been profiled with their recent developments and other strategic activities. These include GS Yuasa Corporation (Japan), Samsung SDI Co. Ltd. (South Korea), Hitachi Limited (Japan), Exide Technologies (U.S.), and L.G. Chem. Limited (South Korea) among others. The major companies in energy storage systems market comprise battery technology providing companies. Another major technology i.e. pumped hydro energy storage is dominated by companies such as Toshiba Corporation (Japan), ABB Limited (Switzerland), Siemens A.G. (Germany), Voith (Germany), Alstom (France), Dominion Energy (U.S.), and others.

Why buy this report?
1. The report identifies and addresses key markets for energy storage systems, which is useful for suppliers and OEMs to review production and distribution plans.
2. The report includes analysis for key countries by technology type of energy storage systems, namely, Lithium ion battery, Pumped Hydro Storage, NaS battery, CAES, Flow battery, Supercapacitors, and Others. It analyzes historical trends and also forecast for 2020, assisting in strategic decision making.
3. It also presents competition by analysing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives.


  • INTRODUCTION
    • OBJECTIVES
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
      • CURRENCY
      • PACKAGE SIZE
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
    • MARKET SIZE ESTIMATION
    • BREAKDOWN OF PRIMARY INTERVIEWS
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • MARKET SHARE ESTIMATION
      • KEY DATA FROM SECONDARY SOURCES
      • KEY DATA FROM PRIMARY SOURCES
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ASIA-PACIFIC IS EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
    • ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY APPLICATION
    • ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY TECHNOLOGY
    • ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY END-USER
    • ADVANCED ENERGY STORAGE SYSTEMS MARKET TECHNOLOGY VS. END-USER
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY APPLICATION
      • BY TECHNOLOGY
      • BY END-USER
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
        • Table INDUSTRIALIZATION & URBANIZATION ARE THE DRIVING FORCES OF THE MARKET
      • RESTRAINTS
        • Table HIGH CAPITAL INVESTMENTS IS THE MAJOR RESTRAINING FORCE OF THE MARKET
      • OPPORTUNITIES
        • Table INCREASING RENEWABLES INSTALLATIONS IN EUROPE & CHINA IS THE KEY OPPORTUNITY FOR THE ADVANCED ENERGY STORAGE SYSTEMS MARKET
      • CHALLENGES
        • Table DEVELOPMENT RISKS IS THE MAJOR CHALLENGE FOR THE ADVANCED ENERGY STORAGE SYSTEMS MARKET
      • WINNING IMPERATIVES
      • BURNING ISSUES
    • VALUE CHAIN ANALYSIS
    • INDUSTRY TRENDS
    • PORTER'S FIVE FORCES ANALYSIS
      • PORTER'S FIVE FORCES ANALYSIS: BATTERY ENERGY STORAGE TECHNOLOGY
      • PORTER'S FIVE FORCES ANALYSIS: PUMPED HYDRO ENERGY STORAGE TECHNOLOGY
  • ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
    • TRANSPORTATION
      • Table TRANSPORTATION MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • GRID STORAGE
      • Table GRID STORAGE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
    • LITHIUM ION BATTERY TECHNOLOGY
      • Table LITHIUM ION BATTERY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • PUMPED HYDRO STORAGE TECHNOLOGY
      • Table PUMPED HYDRO STORAGE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • NAS BATTERY STORAGE TECHNOLOGY
      • Table NAS BATTERY STORAGE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • CAES ENERGY STORAGE TECHNOLOGY
      • Table CAES ENERGY STORAGE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • FLOW BATTERY ENERGY STORAGE TECHNOLOGY
      • Table FLOW BATTERY ENERGY STORAGE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • SUPER CAPACITORS ENERGY STORAGE TECHNOLOGY
      • Table SUPERCAPACITOR ENERGY STORAGE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY END-USER
    • INTRODUCTION
      • Table ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
    • ELECTRIC VEHICLES
      • Table ELECTRIC VEHICLES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • UTILITY
      • Table UTILITY MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • RESIDENTIAL & NON-RESIDENTIAL
      • Table RESIDENTIAL & NON-RESIDENTIAL MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY REGION
    • INTRODUCTION
      • Table ADVANCED ENERGY STORAGE SYSTEMS MARKET, BY REGION, 2013-2020 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
      • Table ASIA-PACIFIC: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • JAPAN
        • Table JAPAN: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION
        • Table JAPAN: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table JAPAN: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • CHINA
        • Table CHINA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION
        • Table CHINA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table CHINA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END- USER, 2013-2020 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table SOUTH KOREA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table SOUTH KOREA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • INDIA
        • Table INDIA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table INDIA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table INDIA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • REST OF ASIA-PACIFIC
        • Table REST OF ASIA-PACIFIC: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION
        • Table REST OF ASIA-PACIFIC: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
    • EUROPE
      • Table EUROPE: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table EUROPE: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • Table EUROPE: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
      • Table EUROPE: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • GERMANY
        • Table GERMANY: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table GERMANY: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table GERMANY: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • FRANCE
        • Table FRANCE: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table FRANCE: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table FRANCE: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • U.K.
        • Table U.K.: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table U.K.: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table U.K.: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table REST OF EUROPE: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table REST OF EUROPE: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • U.S.
        • Table U.S.: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table U.S.: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table U.S.: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • CANADA
        • Table CANADA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table CANADA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table CANADA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
    • REST OF THE WORLD
      • Table ROW: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
      • Table ROW: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
      • Table ROW: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
      • Table ROW: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END- USER, 2013-2020 (USD MILLION)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table SOUTH AFRICA: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table SOUTH AFRICA: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MILLION)
        • Table BRAZIL: ADVANCED ENERGY SYSTEMS MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION)
        • Table BRAZIL: ADVANCED ENERGY STORAGE SYSTEMS MARKET SIZE, BY END-USER, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS
    • COMPETITIVE SITUATION & TRENDS
    • MERGERS & ACQUISITIONS
      • Table MERGERS & ACQUISITIONS, 2014-2015
    • NEW PRODUCT LAUNCHES
      • Table NEW PRODUCT LAUNCHES
    • EXPANSIONS
    • DIVESTMENTS
      • Table DIVESTMENTS, 2014
    • AGREEMENTS
      • Table AGREEMENTS, 2011-2015
    • ALLIANCES
      • Table ALLIANCES, 2015-2012
    • PARTNERSHIPS
      • Table PARTNERSHIPS, 2013-2014
    • JOINT VENTURES
      • Table JOINT VENTURES, 2014-2015
    • OTHERS
      • Table OTHERS, 2011-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • LG CHEM. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2014
      • L.G. CHEM. LTD.: SWOT ANALYSIS
      • MNM VIEW
    • ABB LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2014-2015
      • ABB LTD.: SWOT ANALYSIS
      • MNM VIEW
    • EXIDE TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2014
      • EXIDE TECHNOLOGIES: SWOT ANALYSIS
      • MNM VIEW
    • GS YUASA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2015
      • G S YUASA CORPORATION: SWOT ANALYSIS
      • MNM VIEW
    • SAMSUNG SDI, CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2011-2015
      • SAMSUNG SDI, CO. LTD.: SWOT ANALYSIS
      • MNM VIEW
    • ENERSYS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2015
    • NIPPON CHEMI-CON CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2010-2013
    • SAFT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2014-2015
    • HITACHI LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2015
    • TOSHIBA CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2014-2015
    • BYD COMPANY LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2012-2014
    • NGK INSULATORS LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2015
    • BEACON POWER LLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2014-2015
    • CALMAC MANUFACTURING CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013-2015
    • A123 SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2014-2015
    • MAXWELL TECHNOLOGIES INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2013
    • CHINA BAK BATTERIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS, 2011-2012
  • APPENDIX
    • KEY INDUSTRY INSIGHTS
    • DISCUSSION GUIDE
    • KEY PLAYERS DEVELOPMENTS
      • MERGERS & ACQUISITIONS, 2012-2013
        • Table MERGERS & ACQUISITIONS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES
      • EXPANSIONS
        • Table EXPANSIONS
      • AGREEMENTS
        • Table AGREEMENTS
      • OTHERS
        • Table OTHERS
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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