Global Lithium

Global Lithium-ion Battery Energy Storage Market

Dublin, June 07, 2023 (GLOBE NEWSWIRE) -- The "Lithium-ion Battery Energy Storage Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Capacity, Connection Type, and End-use" report has been added to ResearchAndMarkets.com's offering.

The lithium-ion battery energy storage market was valued at US$ 7,972.80 million in 2022 and is expected to reach US$ 26,224.37 million by 2028; it is estimated to register a CAGR of 22.0% from 2022 to 2028. In battery energy storage systems, lithium-ion batteries are getting traction effectively. It caters to residential, commercial & industrial, and utility industries. Expanding infrastructure projects and the transportation sector's growth will encourage prominent companies to tap markets.

Stakeholders are poised to boost the battery energy storage market growth due to investments in solar power and wind energy. A notable transition toward low-carbon energy generation solutions will create growth opportunities for the industry size expansion and in turn will fuel the lithium-ion battery energy storage market growth.In the lithium-ion battery energy storage market, the Li-ion batteries have interesting technological features for energy purposes, including modularity, high energy density, and high charging and discharging efficiency, which can exceed 90% on a singular module level.

Lithium batteries have interesting technological features for energy purposes, including modularity, high energy density, and high charging and discharging efficiency, which can exceed 90% on a singular module level. Such features of lithium-ion is projected to have a positive impact in the lithium-ion battery energy storage market growth.

Key Attributes:

Report Attribute

Details

No. of Pages

175

Forecast Period

2022 - 2028

Estimated Market Value (USD) in 2022

$7972.8 Million

Forecasted Market Value (USD) by 2028

$26244.37 Million

Compound Annual Growth Rate

22.0%

Regions Covered

Global

Company Profiles

AAB Ltd

Doosan Gridtech Inc

Exide Industries Ltd.

Hitachi Energy Ltd.

Toshiba Corp

Mitsubishi Heavy Industries, Ltd.

Blue Solutions Sas

General Electric Co.

Siemens Energy AG

Powertech System Sas

Panasonic Corporation

Catl

Samsung Sdi

Lg Chem

Byd Company Ltd

Key Topics Covered: 1. Introduction1.1 Study Scope1.2 The Insight Partners Research Report Guidance1.3 Market Segmentation2. Key Takeaways 3. Research Methodology3.1 Coverage3.2 Secondary Research3.3 Primary Research4. Lithium-Ion Battery Energy Storage Market Landscape4.1 Market Overview4.2 PEST Analysis4.2.1 North America4.2.2 Europe4.2.3 APAC4.2.4 ROW4.3 Ecosystem Analysis4.4 Expert Opinions4.5 Premium Insights5. Lithium-Ion Battery Energy Storage Market - Key Market Dynamics5.1 Market Drivers5.1.1 Rising Number of Wind Farms5.1.2 Growing Establishment of Solar Plants5.2 Market Restraints5.2.1 Availability of Alternative Technology5.3 Market Opportunities5.3.1 Future Renewable Energy Pipeline5.4 Trends5.4.1 Virtual Power Plant5.5 Impact Analysis of Drivers and Restraints6. Lithium-Ion Battery Energy Storage Market - Global Market Analysis6.1 Global Lithium-Ion Battery Energy Storage Market Overview6.2 Global Lithium-Ion Battery Energy Storage Market Revenue Forecast and Analysis6.3 Market Positioning - Five Key Players7. Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 - Capacity.7.1 Overview7.2 Lithium-Ion Battery Energy Storage Market, By Capacity (2022 & 2028)7.3 0-10kW7.4 -20kW7.5 -50kW7.6 Above 50kW8. Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 - Connection Type8.1 Overview8.2 Lithium-Ion Battery Energy Storage Market, By Connection Type (2022 & 2028)8.3 On-Grid8.4 Off-Grid9. Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 - End Use9.1 Overview9.2 Lithium-Ion Battery Energy Storage Market, By End Use (2022 & 2028)9.3 Residential9.4 Commercial and Industrial9.5 Utility10. Lithium-Ion Battery Energy Storage Market - Geographic Analysis

For more information about this report visit https://www.researchandmarkets.com/r/53jm94

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Global Lithium-ion Battery Energy Storage Market