세계의 배터리 에너지 저장 시스템 시장 예측(-2030년) : 배터리 유형별, 연결 유형별, 소유권별, 전력 용량별, 에너지 용량별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Battery Energy Storage System Market is accounted for $7.8 billion in 2024 and is expected to reach $35.7 billion by 2030 growing at a CAGR of 28.9% during the forecast period. A Battery Energy Storage System (BESS) is a technology that stores electrical energy in batteries for later use. It consists of battery packs, an inverter, and a management system that controls charging and discharging. BESS enables the storage of excess energy generated from renewable sources, such as solar and wind, and provides a reliable power supply during periods of high demand or power outages. It helps balance supply and demand on the grid, improve energy reliability, and enhance grid stability. BESS can be deployed in various scales, from residential to utility-scale applications.

Market Dynamics:

Driver:

Growing renewable energy integration

The growing integration of renewable energy share of renewables in the energy mix increases, the need for effective energy storage solutions becomes crucial to manage the variability in energy production. BESS helps to store excess energy generated during periods of high renewable output and release it during times of low generation, thereby stabilizing the grid and ensuring a continuous power supply. This capability supports the efficient use of renewable resources, reduces reliance on fossil fuels, and enhances grid reliability. Additionally, advancements in BESS technology, driven by the demand for renewable energy integration, lead to improvements in battery efficiency, further promoting the adoption of clean energy technologies and develop growth in the market.

Restraint:

Supply chain challenges

Supply chain challenges like fluctuations in the availability and prices of key raw materials, such as lithium, cobalt, and nickel, can impact production timelines and overall project economics. Disruptions in global supply chains, whether due to geopolitical tensions, trade restrictions, or logistical issues, further exacerbate these problems. These challenges can lead to higher costs for battery components, slower deployment of BESS projects, and potential delays in meeting energy storage demands, ultimately affecting the growth and adoption of energy storage technologies.

Opportunity:

Partnerships and collaborations

Collaborations between battery manufacturers, technology providers, utilities, and research institutions accelerate innovation, enhance system performance, and reduce costs. These alliances facilitate the development of advanced battery technologies, improve integration with renewable energy sources. Strategic partnerships also enable shared investments and risk mitigation, leading to faster commercialization and scaling of BESS solutions. By pooling knowledge and resources, partnerships help overcome technical and financial barriers, promoting widespread adoption and growth in the energy storage market.

Threat:

Environmental concerns

Environmental issues include the environmental impact of mining and processing raw materials like lithium, cobalt, and nickel, which can lead to habitat destruction and pollution. Additionally, the energy-intensive manufacturing process contributes to carbon emissions. Concerns also extend to battery disposal and recycling, where improper handling can result in hazardous waste and environmental contamination. These factors can lead to stricter regulations, increased costs, and public resistance, which may slow the adoption and development of BESS technologies.

Covid-19 Impact:

The COVID-19 pandemic disrupted the Battery Energy Storage System (BESS) market by causing supply chain delays, labor shortages, and project postponements. Restrictions on manufacturing and transportation slowed the production of key components like batteries and inverters. Many energy storage projects faced delays or cancellations due to economic uncertainties and reduced investment in infrastructure during the pandemic. However, the crisis also highlighted the importance of resilient energy systems, accelerating the demand for BESS in sectors like healthcare and data centers. As economies recover, the focus on renewable energy and grid stability is expected to drive renewed growth in the BESS market.

The flow batteries segment is expected to be the largest during the forecast period

The flow batteries are expected to be the largest during the forecast period due to long-duration energy storage solution and renewable energy integration. Unlike traditional lithium-ion batteries, flow batteries have a longer lifespan, are less prone to degradation, and can provide consistent power over extended periods. Their scalability and ability to store energy for hours make them attractive for utilities and renewable energy projects. Although they currently have higher upfront costs, advancements in flow battery technology could lower costs and drive their adoption, diversifying the BESS market and expanding storage capabilities.

The commercial segment is expected to have the highest CAGR during the forecast period

The commercial segment is expected to have the highest CAGR during the forecast period by driving the demand for efficient energy management solutions in businesses. Commercial facilities, such as office buildings, factories, and data centers, use BESS to reduce energy costs by storing electricity during off-peak hours. This segment also supports grid stability by providing demand response and backup power during outages. As businesses increasingly prioritize sustainability and energy efficiency, the commercial adoption of BESS grows, contributing to market expansion.

Region with largest share:

North America is projected to hold the largest market share during the forecast period owing to focus on renewable energy integration, grid modernization, and decarbonization efforts. The United States, in particular, leads the market due to favourable government policies, tax incentives, and investments in clean energy technologies. Rising demand for grid stability, alongside the increasing use of electric vehicles and residential energy storage, boosts BESS adoption. Additionally, the region's emphasis on reducing reliance on fossil fuels and enhancing energy resilience in the face of natural disasters positions North America as a key player in the global BESS market.

Region with highest CAGR:

Asia Pacific is projected to witness the highest CAGR over the forecast period due to increasing renewable energy integration, rising energy demand, and supportive government policies. Countries like China, Japan, South Korea, and India are investing heavily in energy storage to enhance grid stability, such as solar and wind. The region's rapid urbanization and industrialization also drive demand for reliable and efficient energy management. Additionally, advancements in battery technology and declining costs are making BESS more accessible, positioning Asia Pacific as a key player in the global energy storage market.

Key players in the market

Some of the key players in Battery Energy Storage System market include A123 Systems , ABB Group, BYD Company, Eaton Corporation, Enersys, Fluence Energy, General Electric, Hitachi Energy, Kokam Co., Ltd., Leclanche SA, LG Energy Solution, NEC Energy Solutions, NGK Insulators, Northvolt AB, Panasonic Corporation, Saft Groupe (Total), Samsung SDI, Siemens Energy, Tesla, Inc. and VARTA AG.

Key Developments:

In August 2024, ABB announced agreement to acquire Fodisch Group, a leading developer of advanced measurement. This acquisition enhances ABB's offering in continuous emission monitoring systems (CEMS) and bolsters its competitiveness in technology and innovation.

In June 2024, ABB Robotics launched OmniCore(TM), an intelligent automation platform that is faster, more precise and more sustainable, to empower, enhance and future proof businesses.

In May 2024, ABB announced it has signed an agreement to acquire Siemens' Wiring Accessories business in China. The acquisition will broaden ABB's market reach and complement its regional customer offering within smart buildings.

Battery Types Covered:

• Lithium-Ion Batteries
• Advanced Lead-Acid Batteries
• Flow Batteries
• Nickel-Cadmium Batteries
• Sodium-Sulfur Batteries
• Other Battery Types

Connection Types Covered:

• On-Grid
• Off-Grid

Ownerships Covered:

• Customer-Owned
• Third-Party Owned
• Utility-Owned
• Other Ownerships

Power Capacities Covered:

• Small Scale
• Medium Scale
• Large Scale

Energy Capacities Covered:

• Below 100 MWh
• Between 100 to 500 MWh
• Above 500 MWh

Applications Covered:

• Residential
• Commercial
• Utility
• Transportation
• Renewable Integration
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Battery Energy Storage System Market, By Battery Type

• 5.1 Introduction
• 5.2 Lithium-Ion Batteries
• 5.3 Advanced Lead-Acid Batteries
• 5.4 Flow Batteries
• 5.5 Nickel-Cadmium Batteries
• 5.6 Sodium-Sulfur Batteries
• 5.7 Other Battery Types

6 Global Battery Energy Storage System Market, By Connection Type

• 6.1 Introduction
• 6.2 On-Grid
• 6.3 Off-Grid

7 Global Battery Energy Storage System Market, By Ownership

• 7.1 Introduction
• 7.2 Customer-Owned
• 7.3 Third-Party Owned
• 7.4 Utility-Owned
• 7.5 Other Ownerships

8 Global Battery Energy Storage System Market, By Power Capacity

• 8.1 Introduction
• 8.2 Small Scale
• 8.3 Medium Scale
• 8.4 Large Scale

9 Global Battery Energy Storage System Market, By Energy Capacity

• 9.1 Introduction
• 9.2 Below 100 MWh
• 9.3 Between 100 to 500 MWh
• 9.4 Above 500 MWh

10 Global Battery Energy Storage System Market, By Application

• 10.1 Introduction
• 10.2 Residential
• 10.3 Commercial
• 10.4 Utility
• 10.5 Transportation
• 10.6 Renewable Integration
• 10.7 Other Applications

11 Global Battery Energy Storage System Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 A123 Systems
• 13.2 ABB Group
• 13.3 BYD Company
• 13.4 Eaton Corporation
• 13.5 Enersys
• 13.6 Fluence Energy
• 13.7 General Electric
• 13.8 Hitachi Energy
• 13.9 Kokam Co., Ltd.
• 13.10 Leclanche SA
• 13.11 LG Energy Solution
• 13.12 NEC Energy Solutions
• 13.13 NGK Insulators
• 13.14 Northvolt AB
• 13.15 Panasonic Corporation
• 13.16 Saft Groupe (Total)
• 13.17 Samsung SDI
• 13.18 Siemens Energy
• 13.19 Tesla, Inc.
• 13.20 VARTA AG