미국의 배터리 에너지 저장 시스템 시장 규모와 예측, 지역 점유율, 동향, 성장 기회 분석 보고서 범위: 유형별, 접속 유형별, 최종 사용자별, 국가별

The US battery energy storage system market size is projected to reach US$ 21.21 billion by 2031 from US$ 6.27 billion in 2023. The market is expected to register a CAGR of 16.5% during 2023-2031.

Mounting Energy Demand is Boosting the US Battery Energy Storage System Market

Rising population and growing urbanization are a few factors steering the Use of energy in the US. As per the US Energy Information Administration (EIA), US energy consumption is anticipated to grow through 2050 owing to economic and population growth. EIA also mentioned that US electricity end-use consumption was about 3.2% higher in 2022 than in 2021. Battery energy storage has the potential application as energy storage to be used in times of crisis or in remote or distant locations where power networks are not available. Furthermore, due to the increasing energy uncertainties worldwide, the US government is boosting the application of battery energy storage. For instance, in May 2024, Plus Power secured a US$ 82 million tax equity investment from bank Morgan Stanley for the Arizona-based 90 MW/360 MWh Superstition BESS project, which is anticipated to be operational in June 2024. In February 2024, RWE completed the construction of three new battery energy storage systems totaling 190 MW (361 MWh) in Texas and Arizona. Thus, the increase in energy demand fuels the development of the battery energy storage system market in the US.

In the US, the manufacturers must offer in-demand products such as advanced Li-ion battery energy storage systems products and invest in the research and development of high energy density batteries such as sulfur-based batteries. In addition, the new entrants operating in the market may face challenges in yield expansion as compared to established or experienced manufacturers in the country. Moreover, factors that are responsible for high-quality product manufacturing include technical expertise, government incentives, raw material costs, and others. The Inflation Reduction Act (IRA) production incentives offered by the government may reduce costs by more than 40% if the battery manufacturers or giga factories can get raw materials at lower prices and improve the production yield to 90%. In that case, IRA will help in reducing the battery cost to the Chinese product levels.

Vehicle electrification plays an important role in the carbon emission reduction goals set by the US. In general, vehicle electrification focuses on the electrically powered powertrain and its auxiliary systems, such as onboard and offboard charging systems and wireless power transmission. Vehicle electrification also includes many aspects of vehicle functions present in a traditional non-electric vehicle, including electronic power steering, electronic stability program, electronic traction control, intelligent lighting system, intelligent electromagnetic suspension, four-wheel drive, airbag delivery system, and others. The rise in demand and deployment of electric vehicles (EVs) across the US propels the requirement for vehicle charging infrastructure or electric vehicle charging stations. Hence, the power and transport sectors are expected to demand BESS to charge electric vehicles and enable a greater shift toward decarbonization of the two sectors in the coming years.

The US battery energy storage system market analysis is carried out by identifying and evaluating key players in the market. BYD Co. Ltd; Saft America Inc; CATL; Tesla Inc; Samsung SDI Co Ltd; Panasonic Holdings Corp; AES Corp; NextEra Energy, Inc.; Ameresco Inc.; ESS, Inc.; Siemens AG; EOS Energy Enterprises Inc; KORE Power Inc; General Electric Co; LG Chem Ltd.; SAFT Groupe SA; and ESS Inc. are among the key players covered in the US battery energy storage system market report. The report includes growth prospects in light of current US battery energy storage system market trends and driving factors influencing the market growth.

Table Of Contents

1. Introduction

• 1.1 The Insight Partners Research Report Guidance
• 1.2 Market Segmentation

2. Executive Summary

• 2.1 Key Insights
• 2.2 Market Attractiveness

3. Research Methodology

• 3.1 Secondary Research
• 3.2 Primary Research
  • 3.2.1 Hypothesis formulation:
  • 3.2.2 Macro-economic factor analysis:
  • 3.2.3 Developing base number:
  • 3.2.4 Data Triangulation:
  • 3.2.5 Country level data:

4. US Battery Energy Storage System Market Landscape

• 4.1 Overview
• 4.2 PEST Analysis
• 4.3 Ecosystem Analysis
  • 4.3.1 List of Containerized Battery Energy Storage System Players
  • 4.3.2 Key Strategies and Developments in the Battery Energy Storage System Supply Chain
    • 4.3.2.1 Flexibility in Supply Chains:
    • 4.3.2.2 Collaboration with Domestic Raw Material Suppliers:
    • 4.3.2.3 Emphasis on Product Features:
    • 4.3.2.4 Efficient Sales and Operations Planning (S&OP)
    • 4.3.2.5 Integration of Automation
  • 4.3.3 Key BESS Logistic Challenges
  • 4.3.4 Role of BESS in Vehicle Electrification
  • 4.3.5 Geopolitical Scenario Analysis
• 4.4 Supply Chain Analysis
  • 4.4.1 Supply Chain Risk Assessment for BESS
• 4.5 BESS Cost Analysis
• 4.6 List of End-to-End BESS Providers
• 4.7 The US Battery Energy Storage System Installation Capacity by Geography
  • 4.7.1 Microgrid Construction and Charging Station Analysis

5. US Battery Energy Storage System Market - Key Market Dynamics

• 5.1 US Battery Energy Storage System Market - Key Market Dynamics
• 5.2 Market Drivers
  • 5.2.1 Growing Focus on Establishing Vigorous Storage Infrastructure
  • 5.2.2 Mounting Energy Demand
• 5.3 Market Restraints
  • 5.3.1 Scarcity of Raw Materials
• 5.4 Market Opportunities
  • 5.4.1 Growing Investment in Renewable Power Generation
• 5.5 Future Trends
  • 5.5.1 Role of Battery Energy Storage System in Energy Transitions
• 5.6 Impact of Drivers and Restraints:

6. US Battery Energy Storage System Market Analysis

• 6.1 US Battery Energy Storage System Market Revenue (US$ Million), 2021-2031
• 6.2 US Battery Energy Storage System Market Forecast and Analysis

7. US Battery Energy Storage System Market Analysis - by Type

• 7.1 Lithium Ion
  • 7.1.1 Overview
  • 7.1.2 Lithium Ion: US Battery Energy Storage System Market - Revenue and Forecast to 2031 (US$ Million)
• 7.2 Others
  • 7.2.1 Overview
  • 7.2.2 Others: US Battery Energy Storage System Market - Revenue and Forecast to 2031 (US$ Million)

8. US Battery Energy Storage System Market Analysis - by Connection Type

• 8.1 On-Grid
  • 8.1.1 Overview
  • 8.1.2 On-Grid: US Battery Energy Storage System Market - Revenue and Forecast to 2031 (US$ Million)
• 8.2 Off-Grid
  • 8.2.1 Overview
  • 8.2.2 Off-Grid: US Battery Energy Storage System Market - Revenue and Forecast to 2031 (US$ Million)

9. US Battery Energy Storage System Market Analysis - by End User

• 9.1 Commercial
  • 9.1.1 Overview
  • 9.1.2 Commercial: US Battery Energy Storage System Market - Revenue and Forecast to 2031 (US$ Million)
• 9.2 Utilities
  • 9.2.1 Overview
  • 9.2.2 Utilities: US Battery Energy Storage System Market - Revenue and Forecast to 2031 (US$ Million)
• 9.3 Residential
  • 9.3.1 Overview
  • 9.3.2 Residential: US Battery Energy Storage System Market - Revenue and Forecast to 2031 (US$ Million)

10. Competitive Landscape

• 10.1 Heat Map Analysis of Key Players
• 10.2 Company Positioning and Concentration
• 10.3 List of BESS Start-ups
• 10.4 List of BESS Dominant Players

11. Industry Landscape

• 11.1 Overview
• 11.2 Market Initiative
• 11.3 Product Development

12. Company Profiles

• 12.1 BYD Co Ltd
  • 12.1.1 Key Facts
  • 12.1.2 Business Description
  • 12.1.3 Products and Services
  • 12.1.4 Financial Overview
  • 12.1.5 SWOT Analysis
  • 12.1.6 Key Developments
• 12.2 Contemporary Amperex Technology Co Ltd
  • 12.2.1 Key Facts
  • 12.2.2 Business Description
  • 12.2.3 Products and Services
  • 12.2.4 Financial Overview
  • 12.2.5 SWOT Analysis
  • 12.2.6 Key Developments
• 12.3 Tesla Inc
  • 12.3.1 Key Facts
  • 12.3.2 Business Description
  • 12.3.3 Products and Services
  • 12.3.4 Financial Overview
  • 12.3.5 SWOT Analysis
  • 12.3.6 Key Developments
• 12.4 Samsung SDI Co Ltd
  • 12.4.1 Key Facts
  • 12.4.2 Business Description
  • 12.4.3 Products and Services
  • 12.4.4 Financial Overview
  • 12.4.5 SWOT Analysis
  • 12.4.6 Key Developments
• 12.5 Panasonic Holdings Corp
  • 12.5.1 Key Facts
  • 12.5.2 Business Description
  • 12.5.3 Products and Services
  • 12.5.4 Financial Overview
  • 12.5.5 SWOT Analysis
  • 12.5.6 Key Developments
• 12.6 AES Corp
  • 12.6.1 Key Facts
  • 12.6.2 Business Description
  • 12.6.3 Products and Services
  • 12.6.4 Financial Overview
  • 12.6.5 SWOT Analysis
  • 12.6.6 Key Developments
• 12.7 NextEra Energy Inc
  • 12.7.1 Key Facts
  • 12.7.2 Business Description
  • 12.7.3 Products and Services
  • 12.7.4 Financial Overview
  • 12.7.5 SWOT Analysis
  • 12.7.6 Key Developments
• 12.8 Ameresco Inc
  • 12.8.1 Key Facts
  • 12.8.2 Business Description
  • 12.8.3 Products and Services
  • 12.8.4 Financial Overview
  • 12.8.5 SWOT Analysis
  • 12.8.6 Key Developments
• 12.9 Siemens AG
  • 12.9.1 Key Facts
  • 12.9.2 Business Description
  • 12.9.3 Products and Services
  • 12.9.4 Financial Overview
  • 12.9.5 SWOT Analysis
  • 12.9.6 Key Developments
• 12.10 Eos Energy Enterprises Inc
  • 12.10.1 Key Facts
  • 12.10.2 Business Description
  • 12.10.3 Products and Services
  • 12.10.4 Financial Overview
  • 12.10.5 SWOT Analysis
  • 12.10.6 Key Developments
• 12.11 KORE Power Inc
  • 12.11.1 Key Facts
  • 12.11.2 Business Description
  • 12.11.3 Products and Services
  • 12.11.4 Financial Overview
  • 12.11.5 SWOT Analysis
  • 12.11.6 Key Developments
• 12.12 General Electric Co
  • 12.12.1 Key Facts
  • 12.12.2 Business Description
  • 12.12.3 Products and Services
  • 12.12.4 Financial Overview
  • 12.12.5 SWOT Analysis
  • 12.12.6 Key Developments
• 12.13 LG Chem Ltd
  • 12.13.1 Key Facts
  • 12.13.2 Business Description
  • 12.13.3 Products and Services
  • 12.13.4 Financial Overview
  • 12.13.5 SWOT Analysis
  • 12.13.6 Key Developments
• 12.14 Saft Groupe SA
  • 12.14.1 Key Facts
  • 12.14.2 Business Description
  • 12.14.3 Products and Services
  • 12.14.4 Financial Overview
  • 12.14.5 SWOT Analysis
  • 12.14.6 Key Developments
• 12.15 ESS Inc.
  • 12.15.1 Key Facts
  • 12.15.2 Business Description
  • 12.15.3 Products and Services
  • 12.15.4 Financial Overview
  • 12.15.5 SWOT Analysis
  • 12.15.6 Key Developments

13. Appendix

• 13.1 About The Insight Partners