Energy Storage for Microgrids Market

An electrical energy storage system is an energy reservoir that can store electrical energy and supply energy when required. Generally, energy storage systems perform three functions; energy management, power bridging, and power quality control.

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

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

Global Energy Storage for Microgrids Market Sales, 2017-2022, 2023-2028, (K Units)

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

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

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

Advanced Lead-acid Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Energy Storage for Microgrids include ABB, EnStorage, General Electric Digital Energy, NEC, S&C Electric, Toshiba, Ampard, Aquion Energy and Greensmith Energy and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Energy Storage 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 for Microgrids Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

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

Advanced Lead-acid Battery

Advanced Lithium-ion Battery

Flow Battery

Sodium Metal Halide Battery

Flywheel

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

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

Peak Hour Shaving

Volt Ampere Reactive Services

Black Start

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

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

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

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

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

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

ABB

EnStorage

General Electric Digital Energy

NEC

S&C Electric

Toshiba

Ampard

Aquion Energy

Greensmith Energy

Green Energy