As the global economy mends, the 2021 growth of Energy Storage will have significant change from previous year. According to our (LP Information) latest study, the global Energy Storage market size is USD million in 2022 from USD 2059.2 million in 2021, with a change of % between 2021 and 2022. The global Energy Storage market size will reach USD 5320.5 million in 2028, growing at a CAGR of 14.5% over the analysis period.
The United States Energy Storage market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Energy Storage market, reaching US$ million by the year 2028. As for the Europe Energy Storage landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Energy Storage players cover Duke Energy, E.ON, East Penn Manufacturing, and EDF Renewable Energy, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Energy Storage market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Lithium Ion Technology
Lead Acid Technology
Sodium Chemistry Technology
Flow Vanadium Technology
Flow Zinc Technology
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Residential
Commercial
Utility
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Duke Energy
E.ON
East Penn Manufacturing
EDF Renewable Energy
Fluence Energy
GE Power
Invenergy
LG Chem
Tesla
ABB
Johnson Controls
SolarEdge
EnerVault