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 6987 million in 2021 and is projected to reach US$ 22760 million by 2028, at a CAGR of 18.4% 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 LG hem, EnerSys, GS Yuasa Corporate, Shandong Sacred Sun Power Sources Co. ltd., Samsung SDI, Hoppecke, Toshiba, Kokam 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:
LG hem
EnerSys
GS Yuasa Corporate
Shandong Sacred Sun Power Sources Co. ltd.
Samsung SDI
Hoppecke
Toshiba
Kokam
Gotion, Inc.