Utility Battery Market, Global Outlook and Forecast 2023-2028

Report ID: 1372397 | Published Date: Jan 2025 | No. of Page: 71 | Base Year: 2024 | Rating: 4.4 | Webstory: Check our Web story
Request Sample Report
Pre-Order Enquiry
Request Discount(%)

This report contains market size and forecasts of Utility Battery in global, including the following market information:
Global Utility Battery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Utility Battery Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Utility Battery companies in 2021 (%)
The global Utility Battery 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.
Lithium-Based Batteries Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Utility Battery include Samsung SDI, LG Chem, Johnson Controls, WanXiang Group, BYD, GS Yuasa, Saft, EnerDel and Boston Power, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Utility Battery 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 Utility Battery Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Utility Battery Market Segment Percentages, by Type, 2021 (%)
Lithium-Based Batteries
Sodium-Based Batteries
Others
Global Utility Battery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Utility Battery Market Segment Percentages, by Application, 2021 (%)
Power Industry
Telecommunication
Public Transportation
Others
Global Utility Battery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Utility Battery 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 Utility Battery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Utility Battery revenues share in global market, 2021 (%)
Key companies Utility Battery sales in global market, 2017-2022 (Estimated), (MW)
Key companies Utility Battery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Samsung SDI
LG Chem
Johnson Controls
WanXiang Group
BYD
GS Yuasa
Saft
EnerDel
Boston Power
SolarEdge (Kokam)
NGK

Frequently Asked Questions
Utility Battery Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Utility Battery Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Utility Battery Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

Related Reports