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U.S. Energy Storage Market Size By Deployment (Residential, Non-Residential, Utility), By Technology (Lithium Ion, Lead Acid, Sodium Chemistry, Flow Vanadium, Flow Zinc, Others), Industry Analysis Report, Application Potential, Price Trend, Competitive M

U.S. Energy Storage Market Size By Deployment (Residential, Non-Residential, Utility), By Technology (Lithium Ion, Lead Acid, Sodium Chemistry, Flow Vanadium, Flow Zinc, Others), Industry Analysis Report, Application Potential, Price Trend, Competitive Market Share & Forecast, 2018- 2024

U.S. Energy Storage Market is anticipated to surpass USD 4 billion by 2024. Rising regulatory focus toward limiting carbon emissions while adding new capacities of renewable generation to the grid will boost the U.S. energy storage market growth. Key states including New York, Massachusetts, Oregon and California have adopted plans to integrate large scale energy storage systems to the grid. In June 2018, the government of New York introduced state’s energy storage roadmap with a deployment target of 1,500 MW of energy storage by 2025.

Growing penetration of intermittent renewable power into the grid coupled with favorable policies and monetary support for energy storage will drive the U.S. residential energy storage market. Hawaii and California together account for a significant share of total residential energy storage across the country with fresh participation expected from Massachusetts and Arizona in the coming years. Reduction in net metering compensation along with introduction of time of use tariffs by utilities will further stimulate the industry growth.

The U.S. lithium ion energy storage market is set to grow on account of constantly declining technology costs primarily driven by economies of scale in manufacturing. Li-ion batteries find use across numerous applications comprising frequency regulation, residential solar storage and E-V charging stations amongst others. High energy density and appreciable coulombic efficiency are some of the primary features that will persistently fuel the product deployment over its available conventional alternatives.

Utility energy storage market is predicted to surpass USD 1.5 billion by 2024. Growing significance of grid stability, with the implementation of sustainability, resilience, and efficiency will positively influence the industry growth. Aging grid infrastructure and rising concerns over climate change will further fuel the business growth.

Growing integration of intermittent energy from renewable sources into the national grid will elevate the necessity of adoption of energy storage systems essential for grid stability, which in turn will augment the U.S. energy storage market.

Major companies participating actively in the U.S. energy storage industry include ABB, SolarEdge, Tesla, EDF Renewable Energy, Duke Energy, E.ON, East Penn Manufacturing, LG Chem, Johnson Controls, Invenergy, GE Power, Fluence Energy, and EnerVault amongst others.


Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimation and 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 U.S. Energy storage market 360 degree synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Deployment trends
2.1.3 Technology trends
2.1.4 Regional trends
2.1.4.1 Central and Midwest
2.1.4.2 Northeast
2.1.4.3 Northwest
2.1.4.4 Southeast
2.1.4.5 Southwest
Chapter 3 U.S. Energy Storage Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 - 2024 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Energy Storage Value Chain
3.3.1.1.1.1 Upstream
3.3.1.1.1.2 Downstream
3.3.2 Vendor Matrix
3.4 Regulatory landscape
3.4.1 Timeline of FERC ORDERS
3.4.2 Energy Storage Policies/Regulation, by Regional Transmission Organization (RTO/ISOs)
3.4.2.1 California ISO (CAISO)
3.4.2.1.1 California Energy Storage Legislation and Milestones
3.4.2.2 Electric Reliability Council of Texas (ERCOT)
3.4.2.3 Midcontinent Independent System Operator (MISO)
3.4.2.4 PJM Interconnection
3.4.2.5 New York Independent System Operator (NYISO)
3.5 Market and Regulatory Barriers to Energy Storage Deployment
3.6 Energy storage attractiveness
3.7 Energy storage by application
3.7.1 Generation & System-Level Applications
3.7.2 T&D System Applications
3.7.3 End-User Applications
3.8 Applications Served by U.S. Large-Scale Battery Storage (2016)
3.9 U.S. Large-Scale Battery Storage Capacity by Region (2003-2017)
3.10 Innovation & sustainability
3.10.1 E. ON
3.10.2 ABB
3.10.3 GE Power
3.10.4 Sunrun
3.10.5 Other Innovations
3.11 Price trend analysis
3.12 Industry impact forces
3.12.1 Growth drivers
3.12.1.1.1.1 Declining costs of components
3.12.1.1.1.2 Increasing risks of grid disruption
3.12.1.1.1.3 Growing share of renewables
3.12.1.1.1.4 Favorable policy framework
3.12.1.1.1.4.1 Procurement mandates/targets
3.12.1.1.1.4.2 Incentive programs
3.12.1.1.1.4.3 Clean energy standards
3.12.1 Industry pitfalls & challenges
3.12.1.1 Regulatory uncertainty
3.13 Growth potential analysis
3.14 Porter's Analysis
3.15 Competitive landscape, 2017
3.15.1 Strategy dashboard
3.15.1.1 Tesla
3.15.1.2 LG Chem
3.15.1.3 Fluence Energy
3.15.1.4 E. ON
3.16 PESTEL analysis
Chapter 4 U.S. Energy Storage Market, By Deployment
4.1 U.S. Energy storage market share by deployment, 2017 & 2024
4.2 Residential
4.2.1 U.S. market from residential, 2013 - 2024
4.3 Non-residential
4.3.1 U.S. market from non-residential, 2013 - 2024
4.4 Utility
4.4.1 U.S. market from utility, 2013 - 2024
Chapter 5 U.S. Energy Storage Market, By Technology
5.1 U.S. Energy storage market share by technology, 2017 & 2024
5.2 Lithium-ion
5.2.1 U.S. market from lithium-ion, 2013 - 2024
5.3 Lead acid
5.3.1 U.S. market from lead acid, 2013 - 2024
5.4 Sodium Chemistry
5.4.1 U.S. market from sodium chemistry, 2013 - 2024
5.5 Flow vanadium
5.5.1 U.S. market from flow vanadium, 2013 - 2024
5.6 Flow zinc
5.6.1 U.S. market from flow zinc, 2013 - 2024
5.7 Others
5.7.1 U.S. market from others, 2013 - 2024
Chapter 6 Company Profiles
6.1 Duke Energy
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 E. ON
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 East Penn Manufacturing Co., Inc.
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 EDF Renewable Energy
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 Fluence Energy
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 GE Power
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 Trane
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 Invenergy LLC
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 Johnson Controls, Inc.
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 LG Chem
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 NextEra Energy, Inc.
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 ABB
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 Tesla
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 SunPower
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 SolarEdge
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 Sunrun
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 Aquion Energy
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 EnerVault
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
Data Tables
TABLE 1 U.S. Energy storage market 360 0 synopsis, 2013 - 2024
TABLE 2 U.S. market, 2013 - 2017, (Volume & Revenue)
TABLE 3 U.S. market, 2018 - 2024, (Volume & Revenue)
TABLE 4 U.S. market by deployment, 2013 - 2017, (MW)
TABLE 5 U.S. market by deployment, 2018 - 2024, (MW)
TABLE 6 U.S. market by deployment, 2013 - 2017, (USD Million)
TABLE 7 U.S. market by deployment, 2018 - 2024, (USD Million)
TABLE 8 U.S. market by technology, 2013 - 2017, (MW)
TABLE 9 U.S. market by technology, 2018 - 2024, (MW)
TABLE 10 U.S. market by technology, 2013 - 2017, (USD Million)
TABLE 11 U.S. market by technology, 2018 - 2024, (USD Million)
TABLE 12 California Energy Storage Legislation and Milestones
TABLE 13 Definition of Energy Storage Applications
TABLE 14 Applications Served by U.S. Large-Scale Battery Storage (2016)
TABLE 15 U.S. Large-Scale Battery Storage Capacity by Region (2003-2017)
TABLE 16 Industry impact forces
TABLE 17 U.S. market from residential, 2013 - 2017, (Volume & Revenue)
TABLE 18 U.S. market from residential, 2018 - 2024, (Volume & Revenue)
TABLE 19 U.S. market from non-residential, 2013 - 2017, (Volume & Revenue)
TABLE 20 U.S. market from non-residential, 2018 - 2024, (Volume & Revenue)
TABLE 21 U.S. market from utility, 2013 - 2017, (Volume & Revenue)
TABLE 22 U.S. market from utility, 2018 - 2024, (Volume & Revenue)
TABLE 23 U.S. market from lithium-ion, 2013 - 2017, (Volume & Revenue)
TABLE 24 U.S. market from lithium-ion, 2018 - 2024, (Volume & Revenue)
TABLE 25 U.S. market from lead acid, 2013 - 2017, (Volume & Revenue)
TABLE 26 U.S. market from lead acid, 2018 - 2024, (Volume & Revenue)
TABLE 27 U.S. market from sodium chemistry, 2013 - 2017, (Volume & Revenue)
TABLE 28 U.S. market from sodium chemistry, 2018 - 2024, (Volume & Revenue)
TABLE 29 U.S. market from flow vanadium, 2013 - 2017, (Volume & Revenue)
TABLE 30 U.S. market from flow vanadium, 2018 - 2024, (Volume & Revenue)
TABLE 31 U.S. market from flow zinc, 2013 - 2017, (Volume & Revenue)
TABLE 32 U.S. market from flow zinc, 2018 - 2024, (Volume & Revenue)
TABLE 33 U.S. market from others, 2013 - 2017, (Volume & Revenue)
TABLE 34 U.S. 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 Industry ecosystem analysis
FIG. 5 Energy storage attractiveness
FIG. 6 Price trend analysis
FIG. 7 Growth potential analysis
FIG. 8 Porter's analysis
FIG. 9 PESTEL analysis
FIG. 10 U.S. Energy storage market revenue share by deployment, 2017 & 2024
FIG. 11 U.S. Energy storage market revenue share by technology, 2017 & 2024
FIG. 12 SWOT Analysis, Duke Energy
FIG. 13 SWOT Analysis, E. ON
FIG. 14 SWOT Analysis, East Penn Manufacturing Co., Inc.
FIG. 15 SWOT Analysis, EDF Renewable Energy
FIG. 16 SWOT Analysis, Fluence Energy
FIG. 17 SWOT Analysis, GE Power
FIG. 18 SWOT Analysis, Trane
FIG. 19 SWOT Analysis, Invenergy LLC
FIG. 20 SWOT Analysis, Johnson Controls, Inc.
FIG. 21 SWOT Analysis, LG Chem
FIG. 22 SWOT Analysis, NextEra Energy, Inc.
FIG. 23 SWOT Analysis, ABB
FIG. 24 SWOT Analysis, Tesla
FIG. 25 SWOT Analysis, SunPower
FIG. 26 SWOT Analysis, SolarEdge
FIG. 27 SWOT Analysis, Sunrun
FIG. 28 SWOT Analysis, Aquion Energy
FIG. 29 SWOT Analysis, EnerVault

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