Energy Storage Battery for Microgrids Market

Energy storage battery for microgrids is an energy reservoir that can store electrical energy and supply energy when required. Such a battery system has the added advantage of matching generation to the time of use and enables peak-shaving applications. Battery-based energy storage is more environmentally-friendly than traditional diesel generators and significantly reduces the fuel and sizing needs for common backup generators. Even small amounts of energy storage can have a major impact on reducing fuel costs, maintenance and omissions of diesel or bio-diesel generators.

Energy Storage Battery for Microgrids Market contains market size and forecasts of Energy Storage Battery for Microgrids in global, including the following market information:

Global Energy Storage Battery for Microgrids Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Energy Storage Battery for Microgrids Market Sales, 2017-2022, 2023-2028, (KW)

Global top five Energy Storage Battery for Microgrids companies in 2021 (%)

The global Energy Storage Battery for Microgrids market was valued at 287.1 million in 2021 and is projected to reach US$ 466.4 million by 2028, at a CAGR of 7.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Sodium-sulfur Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Energy Storage Battery for Microgrids include NGK Group, Samsung SDI, NEC, Panasonic, MHI, Toshiba, S&C Electric, Beacon Power and CALMAC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Energy Storage Battery for Microgrids manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Energy Storage Battery for Microgrids Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (KW)

Global Energy Storage Battery for Microgrids Market Segment Percentages, by Type, 2021 (%)

Sodium-sulfur Battery

VRLA Lead Acid

Lithium-ion

Others

Global Energy Storage Battery for Microgrids Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (KW)

Global Energy Storage Battery for Microgrids Market Segment Percentages, by Application, 2021 (%)

Household

Enterprise

Utility

Global Energy Storage Battery for Microgrids Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (KW)

Global Energy Storage Battery for Microgrids Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Energy Storage Battery for Microgrids revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Energy Storage Battery for Microgrids revenues share in global market, 2021 (%)

Key companies Energy Storage Battery for Microgrids sales in global market, 2017-2022 (Estimated), (KW)

Key companies Energy Storage Battery for Microgrids sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

NGK Group

Samsung SDI

NEC

Panasonic

MHI

Toshiba

S&C Electric

Beacon Power

CALMAC

Saft

Sumitomo Electric

EnSync

Eos Energy Storage

OutBack Power

Aggreko

BYD

CALB

ATL

Rongke Power

Shen-li High Tech

Meineng

Chilwee

Narada