Storage Battery for Power Supply Market

Batteries can store energy from on-peak renewable energy and release it when it is more needed in central, de-centralised and off-grid situations. Batteries can also offer grid support services like voltage control and frequency regulation, so maintaining grid stability and flexibility.

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

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

Global Storage Battery for Power Supply Market Sales, 2017-2022, 2023-2028, (MWh)

Global top five Storage Battery for Power Supply companies in 2021 (%)

The global Storage Battery for Power Supply market was valued at 7923.9 million in 2021 and is projected to reach US$ 46850 million by 2028, at a CAGR of 28.9% during the forecast period.

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

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

The global key manufacturers of Storage Battery for Power Supply include Samsung SDI, LG Chem, Hoppecke, EnerSys, Toshiba, GS Yuasa Corporate, Kokam, Shandong Sacred Sun Power Sources Co. ltd. and Gotion, Inc.. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Storage Battery for Power Supply 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 Storage Battery for Power Supply Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MWh)

Global Storage Battery for Power Supply Market Segment Percentages, by Type, 2021 (%)

by Battery Type

Li-ion Battery

Pb Battery

Others

by Voltage Range

Up to DC 50 V

DC 50 V to 300 V

DC 300 V to DC 750 V

Others (Beyond 750 V)

by Product Type

Less than 10 KW

Beyond 10 KW to 100 KW

Beyond 100 KW to 500 KW

Others(Beyond 500 KW)

Global Storage Battery for Power Supply Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MWh)

Global Storage Battery for Power Supply Market Segment Percentages, by Application, 2021 (%)

Utilities

Communications

Railway Communication

Others

Global Storage Battery for Power Supply Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MWh)

Global Storage Battery for Power Supply 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 Storage Battery for Power Supply revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Storage Battery for Power Supply revenues share in global market, 2021 (%)

Key companies Storage Battery for Power Supply sales in global market, 2017-2022 (Estimated), (MWh)

Key companies Storage Battery for Power Supply sales share in global market, 2021 (%)

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

Samsung SDI

LG Chem

Hoppecke

EnerSys

Toshiba

GS Yuasa Corporate

Kokam

Shandong Sacred Sun Power Sources Co. ltd.

Gotion, Inc.