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China Energy Storage Market Size By Deployment (Behind The Meter, Renewable Integration, Ancillary Services ), By Technology (Lead Acid, Lithium Ion, Flow Vanadium, Others), Industry Analysis Report, Application Potential, Price Trend, Competitive Market

China Energy Storage Market Size By Deployment (Behind The Meter, Renewable Integration, Ancillary Services ), By Technology (Lead Acid, Lithium Ion, Flow Vanadium, Others), Industry Analysis Report, Application Potential, Price Trend, Competitive Market Share & Forecast, 2018- 2024

China Energy Storage Market is anticipated to exceed USD 6 billion by 2024. Rising concerns toward effects of global warming has led to the significant addition of renewables across the electric grid, which will drive the China energy storage market. Additionally, growing adoption of energy storage systems to mitigate the volatility of renewable power generation in the energy mix will further complement the industry landscape.

China energy storage market is set to witness strong growth subject to ongoing investments toward development of smart-grid infrastructure along with upsurge across the ancillary service industry. In 2016, the Government of China announced an investment of over USD 70 billion toward smart grid infrastructure development throughout the decade. The withdrawal of renewable subsidies may hamper the industry growth; however, reducing technology costs is set to compensate for the subsidy losses.

China lithium ion energy storage market will witness growth on account of perpetual decline in technology costs driven by the growing economies of scale for the manufacturers. The key application areas for these batteries include residential solar energy storage, frequency regulation, E-V charging stations, and load shifting among others. Significant coulombic efficiency, low maintenance, and high energy density are some of the key features that will propel the product adoption over its available alternatives.

China flow vanadium energy storage market is predicted to surpass USD 3 billion by 2024. Rapid response time, long scale duration and ability to provide virtually unlimited storage capacity are some of the major characteristics of the technology which makes it suitable for renewable integration and other large-scale energy storage applications. Moreover, the enormous vanadium reserves in the country implies ease of availability, lower prices, and minimal currency risks to the manufacturers, which will fuel the business growth.

China ancillary services energy storage market is anticipated to witness robust growth in line with growing requirement for grid resilience primarily driven by incessant substitution of conventional energy with renewable energy. Furthermore, reformative legislative landscape in favor of the nationwide development of ancillary services industry, particularly through the ?Three North Region? will boost the business growth.

Rising penetration of intermittent energy especially from solar and wind into the national grid will raise the requirement for energy storage system integration to ensure grid stability, which in turn will complement China energy storage market outlook.

Major players participating actively across the China energy storage industry include CATL, Shoto, Exide Technologies, Sacred Sun, CLOU Electronics, Sunwoda, A123 Systems, Eastar, LG Chem, Hitachi Chemical, Panasonic Corporation, BYD, GS Yuasa, Shenzhen BAK Technology, ZTT, Hoppecke, and Dynavolt.


Chapter 1. Methodology & Scope
1.1. Methodology
1.2. Market definitions
1.3. Market estimation & forecast parameters
1.4. Data Sources
1.4.1. Primary
1.4.2. Secondary
1.4.2.1. Paid Sources
1.4.2.2. Public Sources
Chapter 2. Executive Summary
2.1. China energy storage market 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Deployment trends
2.1.3. Technology trends
Chapter 3. China Energy Storage Market Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024 (USD Million)
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Innovation and technology landscape
3.4.1. Panasonic Corporation
3.4.2. LG Chem
3.4.3. BYD
3.4.4. Other innovations
3.4.4.1. Gold nanowire batteries
3.4.4.2. Solid state lithium-ion
3.4.4.3. Grabat graphene batteries
3.4.4.4. Glass Battery
3.5. Regulatory landscape
3.5.1. China RoHS directive
3.5.2. Guiding opinions on promoting energy storage technology and industry development (guiding opinions)
3.5.3. Announcement on promoting electrical storage participation in ancillary service in the ‘Three Norths' region
3.5.4. China battery GB Standards
3.6. Challenges to energy storage deployment
3.7. Barriers to market entry
3.8. Customer requirements
3.9. Competitiveness Index
3.10. Ease of doing business index
3.11. Industry impact forces
3.11.1. Growth drivers
3.11.1.1. Declining costs of components
3.11.1.2. Increasing risks of grid disruption
3.11.1.3. Growing share of renewables
3.11.1.4. Decarbonization initiatives
3.11.2. Industry pitfalls & challenges
3.11.2.1. Regulatory uncertainty
3.12. Growth potential analysis
3.13. Porter's analysis
3.14. Competitive landscape, 2017
3.15. PESTEL Analysis
Chapter 4. China Energy Storage Market, By Deployment
4.1. China energy storage market share by deployment, 2017 & 2024
4.2. Behind the meter
4.2.1. China market from behind the meter, 2013 - 2024
4.3. Renewable integration
4.3.1. China market from renewable integration, 2013 - 2024
4.4. Ancillary services
4.4.1. China market from ancillary services, 2013 - 2024
Chapter 5. China Energy Storage Market, By Technology
5.1. China energy storage market share by technology, 2017 & 2024
5.2. Lithium-ion
5.2.1. China market from lithium-ion, 2013 - 2024
5.3. Lead acid
5.3.1. China market from lead acid, 2013 - 2024
5.4. Flow vanadium
5.4.1. China market from flow vanadium, 2013 - 2024
5.5. Others
5.5.1. China market from others, 2013 - 2024
Chapter 6. Company Profiles
6.1. Contemporary Amperex Technology Co., Limited
6.1.1. Business Overview
6.1.2. Financial Data
6.1.3. Product Landscape
6.1.4. Strategic Outlook
6.1.5. SWOT Analysis
6.2. Shenzhen BAK Technology Co. Ltd
6.2.1. Business Overview
6.2.2. Financial Data
6.2.3. Product Landscape
6.2.4. Strategic Outlook
6.2.5. SWOT Analysis
6.3. Shenzhen Eastar Battery Co. Ltd
6.3.1. Business Overview
6.3.2. Financial Data
6.3.3. Product Landscape
6.3.4. Strategic Outlook
6.3.5. SWOT Analysis
6.4. Beijing Easpring Material Technology Co., Ltd
6.4.1. Business Overview
6.4.2. Financial Data
6.4.3. Product Landscape
6.4.4. Strategic Outlook
6.4.5. SWOT Analysis
6.5. Hoppecke
6.5.1. Business Overview
6.5.2. Financial Data
6.5.3. Product Landscape
6.5.4. Strategic Outlook
6.5.5. SWOT Analysis
6.6. Panasonic Corporation
6.6.1. Business Overview
6.6.2. Financial Data
6.6.3. Product Landscape
6.6.4. Strategic Outlook
6.6.5. SWOT Analysis
6.7. BYD Co., Ltd
6.7.1. Business Overview
6.7.2. Financial Data
6.7.3. Product Landscape
6.7.4. Strategic Outlook
6.7.5. SWOT Analysis
6.8. Hitachi Chemical
6.8.1. Business Overview
6.8.2. Financial Data
6.8.3. Product Landscape
6.8.4. Strategic Outlook
6.8.5. SWOT Analysis
6.9. Ding Tai Battery Company Ltd
6.9.1. Business Overview
6.9.2. Financial Data
6.9.3. Product Landscape
6.9.4. Strategic Outlook
6.9.5. SWOT Analysis
6.10. Sacred Sun
6.10.1. Business Overview
6.10.2. Financial Data
6.10.3. Product Landscape
6.10.4. Strategic Outlook
6.10.5. SWOT Analysis
6.11. A123 Systems LLC
6.11.1. Business Overview
6.11.2. Financial Data
6.11.3. Product Landscape
6.11.4. Strategic Outlook
6.11.5. SWOT Analysis
6.12. Dynavolt
6.12.1. Business Overview
6.12.2. Financial Data
6.12.3. Product Landscape
6.12.4. Strategic Outlook
6.12.5. SWOT Analysis
6.13. ZTT
6.13.1. Business Overview
6.13.2. Financial Data
6.13.3. Product Landscape
6.13.4. Strategic Outlook
6.13.5. SWOT Analysis
6.14. LG Chem Ltd
6.14.1. Business Overview
6.14.2. Financial Data
6.14.3. Product Landscape
6.14.4. Strategic Outlook
6.14.5. SWOT Analysis
6.15. Shoto
6.15.1. Business Overview
6.15.2. Financial Data
6.15.3. Product Landscape
6.15.4. Strategic Outlook
6.15.5. SWOT Analysis
6.16. Narada
6.16.1. Business Overview
6.16.2. Financial Data
6.16.3. Product Landscape
6.16.4. Strategic Outlook
6.16.5. SWOT Analysis
6.17. Sungrow
6.17.1. Business Overview
6.17.2. Financial Data
6.17.3. Product Landscape
6.17.4. Strategic Outlook
6.17.5. SWOT Analysis
6.18. Exide Technologies
6.18.1. Business Overview
6.18.2. Financial Data
6.18.3. Product Landscape
6.18.4. Strategic Outlook
6.18.5. SWOT Analysis
6.19. GS Yuasa International Ltd.
6.19.1. Business Overview
6.19.2. Financial Data
6.19.3. Product Landscape
6.19.4. Strategic Outlook
6.19.5. SWOT Analysis
Data Tables
TABLE 1 China energy storage market 360 degree synopsis, 2013 - 2024
TABLE 2 China market, 2013 - 2017, (Volume & Revenue)
TABLE 3 China market, 2018 - 2024, (Volume & Revenue)
TABLE 4 China market by deployment, 2013 - 2017, (MW)
TABLE 5 China market by deployment, 2018 - 2024, (MW)
TABLE 6 China market by deployment, 2013 - 2017, (USD Million)
TABLE 7 China market by deployment, 2018 - 2024, (USD Million)
TABLE 8 China market by technology, 2013 - 2017, (MW)
TABLE 9 China market by technology, 2018 - 2024, (MW)
TABLE 10 China market by technology, 2013 - 2017, (USD Million)
TABLE 11 China market by technology, 2018 - 2024, (USD Million)
TABLE 12 Industry impact forces
TABLE 13 China market from behind the meter, 2013 - 2017, (Volume & Revenue)
TABLE 14 China market from behind the meter, 2018 - 2024, (Volume & Revenue)
TABLE 15 China market from renewable integration, 2013 - 2017, (Volume & Revenue)
TABLE 16 China market from renewable integration, 2018 - 2024, (Volume & Revenue)
TABLE 17 China market from ancillary services, 2013 - 2017, (Volume & Revenue)
TABLE 18 China market from ancillary services , 2018 - 2024, (Volume & Revenue)
TABLE 19 China market from lithium-ion, 2013 - 2017, (Volume & Revenue)
TABLE 20 China market from lithium-ion, 2018 - 2024, (Volume & Revenue)
TABLE 21 China market from lead acid, 2013 - 2017, (Volume & Revenue)
TABLE 22 China market from lead acid, 2018 - 2024, (Volume & Revenue)
TABLE 23 China market from flow vanadium, 2013 - 2017, (Volume & Revenue)
TABLE 24 China market from flow vanadium, 2018 - 2024, (Volume & Revenue)
TABLE 25 China market from others, 2013 - 2017, (Volume & Revenue)
TABLE 26 China market from others, 2018 - 2024, (Volume & Revenue)
Charts& Figures
FIG. 1 Industry segmentation
FIG. 2 Industry landscape, 2013 - 2024 (USD Million)
FIG. 3 Industry ecosystem analysis
FIG. 4 Competitiveness Index
FIG. 5 Growth potential analysis
FIG. 6 Porter's Analysis
FIG. 7 PESTEL Analysis
FIG. 8 China energy storage market revenue share by deployment, 2017 & 2024
FIG. 9 China energy storage market revenue share by technology, 2017 & 2024
FIG. 10 SWOT Analysis, Contemporary Amperex Technology Co., Limited
FIG. 11 SWOT Analysis, Shenzhen BAK Technology Co. Ltd
FIG. 12 SWOT Analysis, Shenzhen Eastar Battery Co. Ltd
FIG. 13 SWOT Analysis, Beijing Easpring Material Technology Co., Ltd
FIG. 14 SWOT Analysis, Hoppecke
FIG. 15 SWOT Analysis, Panasonic Corporation
FIG. 16 SWOT Analysis, BYD Co., Ltd
FIG. 17 SWOT Analysis, Hitachi Chemical
FIG. 18 SWOT Analysis, Ding Tai Battery Company Ltd
FIG. 19 SWOT Analysis, Sacred Sun
FIG. 20 SWOT Analysis, A123 Systems LLC
FIG. 21 SWOT Analysis, Dynavolt
FIG. 22 SWOT Analysis, ZTT
FIG. 23 SWOT Analysis, LG Chem Ltd
FIG. 24 SWOT Analysis, Shoto
FIG. 25 SWOT Analysis, Narada
FIG. 26 SWOT Analysis, Sungrow
FIG. 27 SWOT Analysis, Exide Technologies
FIG. 28 SWOT Analysis, GS Yuasa International Ltd.

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