US and Asia Pacific Battery Energy Storage System Market
Historic Data:    |   Base Year: 2023   |   Forecast Period: 2024-2031
Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Lithium Ion and Others), Connection Type (On-Grid and Off-Grid), End User (Commercial, Utilities and Residential), and Country

No. of Pages: 141    |    Report Code: BMIRE00031206    |    Category: Energy and Power

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US and Asia Pacific Battery Energy Storage System Market

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.           The US and Asia Pacific Battery Energy Storage System Market Landscape

4.1       Overview

4.2       PEST Analysis

4.3       Ecosystem Analysis

4.3.1         List of Vendors in the Value Chain

4.4       The US (Premium Insights)

4.4.1         Key Strategies and Developments in the Battery Energy Storage System Supply Chain

4.4.1.1            Flexibility in Supply Chains:

4.4.1.2            Collaboration with Domestic Raw Material Suppliers:

4.4.1.3            Emphasis on Product Features:

4.4.1.4            Efficient Sales and Operations Planning (S&OP)

4.4.1.5            Integration of Automation

4.4.2         Key BESS Logistic Challenges

4.4.3         Role of BESS in Vehicle Electrification

4.4.4         Geopolitical Scenario Analysis

4.5       Supply Chain Analysis (The US)

4.5.1         Supply Chain Risk Assessment for BESS

4.6       BESS Cost Analysis (The US)

4.7       List of End-to-End BESS Providers (The US)

4.8       The US Battery Energy Storage System Installation Capacity Forecast, by Geography

4.8.1         Microgrid Construction and Charging Station Analysis (The US)

5.           The US and Asia Pacific Battery Energy Storage System Market – Key Market Dynamics

5.1       The US and Asia Pacific 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 Demand for Energy

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.           The US and Asia Pacific Battery Energy Storage System Market Analysis

6.1       The US and Asia Pacific Battery Energy Storage System Market Revenue (US$ Million), 2021–2031

6.2       The US and Asia Pacific Battery Energy Storage System Market Forecast and Analysis

7.           The US and Asia Pacific Battery Energy Storage System Market Analysis – by Type

7.1       Lithium Ion

7.1.1         Overview

7.1.2         Lithium Ion: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

7.2       Others

7.2.1         Overview

7.2.2         Others: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

8.           The US and Asia Pacific Battery Energy Storage System Market Analysis – by Connection Type

8.1       On-Grid

8.1.1         Overview

8.1.2         On-Grid: The US and Asia Pacific 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: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

9.           The US and Asia Pacific Battery Energy Storage System Market Analysis – by End Users

9.1       Commercial

9.1.1         Overview

9.1.2         Commercial: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

9.2       Utilities

9.2.1         Overview

9.2.2         Utilities: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

9.3       Residential

9.3.1         Overview

9.3.2         Residential: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.        The US and Asia Pacific Battery Energy Storage System Market – Country Analysis

10.1     The US and Asia Pacific

10.1.1       The US and Asia Pacific Battery Energy Storage System Market Breakdown by Countries

10.1.2       The US and Asia Pacific Battery Energy Storage System Market Revenue and Forecast and Analysis – by Country

10.1.2.1          The US and Asia Pacific Battery Energy Storage System Market Revenue and Forecast and Analysis – by Country

10.1.2.2          The US: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.1.2.2.1        The US: Battery Energy Storage System Market Breakdown by Type

10.1.2.2.2        The US: Battery Energy Storage System Market Breakdown by Connection Type

10.1.2.2.3        The US: Battery Energy Storage System Market Breakdown by End User

10.1.2.3          Australia: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.1.2.3.1        Australia: Battery Energy Storage System Market Breakdown by Type

10.1.2.3.2        Australia: Battery Energy Storage System Market Breakdown by Connection Type

10.1.2.3.3        Australia: Battery Energy Storage System Market Breakdown by End User

10.1.2.4          China: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.1.2.4.1        China: Battery Energy Storage System Market Breakdown by Type

10.1.2.4.2        China: Battery Energy Storage System Market Breakdown by Connection Type

10.1.2.4.3        China: Battery Energy Storage System Market Breakdown by End User

10.1.2.5          India: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.1.2.5.1        India: Battery Energy Storage System Market Breakdown by Type

10.1.2.5.2        India: Battery Energy Storage System Market Breakdown by Connection Type

10.1.2.5.3        India: Battery Energy Storage System Market Breakdown by End User

10.1.2.6          Japan: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.1.2.6.1        Japan: Battery Energy Storage System Market Breakdown by Type

10.1.2.6.2        Japan: Battery Energy Storage System Market Breakdown by Connection Type

10.1.2.6.3        Japan: Battery Energy Storage System Market Breakdown by End User

10.1.2.7          South Korea: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.1.2.7.1        South Korea: Battery Energy Storage System Market Breakdown by Type

10.1.2.7.2        South Korea: Battery Energy Storage System Market Breakdown by Connection Type

10.1.2.7.3        South Korea: Battery Energy Storage System Market Breakdown by End User

10.1.2.8          Rest of Asia Pacific: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

10.1.2.8.1        Rest of Asia Pacific: Battery Energy Storage System Market Breakdown by Type

10.1.2.8.2        Rest of Asia Pacific: Battery Energy Storage System Market Breakdown by Connection Type

10.1.2.8.3        Rest of Asia Pacific: Battery Energy Storage System Market Breakdown by End User

11.        Competitive Landscape

11.1     Heat Map Analysis of Key Players

11.2     Company Positioning and Concentration

12.        Industry Landscape

12.1     Overview

12.2     Market Initiative

12.3     Product Development

13.        Company Profiles

13.1     BYD Co Ltd

13.1.1       Key Facts

13.1.2       Business Description

13.1.3       Products and Services

13.1.4       Financial Overview

13.1.5       SWOT Analysis

13.1.6       Key Developments

13.2     Samsung SDI Co Ltd

13.2.1       Key Facts

13.2.2       Business Description

13.2.3       Products and Services

13.2.4       Financial Overview

13.2.5       SWOT Analysis

13.2.6       Key Developments

13.3     Panasonic Holdings Corp

13.3.1       Key Facts

13.3.2       Business Description

13.3.3       Products and Services

13.3.4       Financial Overview

13.3.5       SWOT Analysis

13.3.6       Key Developments

13.4     Contemporary Amperex Technology Co Ltd

13.4.1       Key Facts

13.4.2       Business Description

13.4.3       Products and Services

13.4.4       Financial Overview

13.4.5       SWOT Analysis

13.4.6       Key Developments

13.5     Tesla Inc

13.5.1       Key Facts

13.5.2       Business Description

13.5.3       Products and Services

13.5.4       Financial Overview

13.5.5       SWOT Analysis

13.5.6       Key Developments

13.6     AES Corp

13.6.1       Key Facts

13.6.2       Business Description

13.6.3       Products and Services

13.6.4       Financial Overview

13.6.5       SWOT Analysis

13.6.6       Key Developments

13.7     Ameresco Inc

13.7.1       Key Facts

13.7.2       Business Description

13.7.3       Products and Services

13.7.4       Financial Overview

13.7.5       SWOT Analysis

13.7.6       Key Developments

13.8     Siemens AG

13.8.1       Key Facts

13.8.2       Business Description

13.8.3       Products and Services

13.8.4       Financial Overview

13.8.5       SWOT Analysis

13.8.6       Key Developments

13.9     KORE Power Inc

13.9.1       Key Facts

13.9.2       Business Description

13.9.3       Products and Services

13.9.4       Financial Overview

13.9.5       SWOT Analysis

13.9.6       Key Developments

13.10  General Electric Co

13.10.1    Key Facts

13.10.2    Business Description

13.10.3    Products and Services

13.10.4    Financial Overview

13.10.5    SWOT Analysis

13.10.6    Key Developments

13.11  NextEra Energy Inc

13.11.1    Key Facts

13.11.2    Business Description

13.11.3    Products and Services

13.11.4    Financial Overview

13.11.5    SWOT Analysis

13.11.6    Key Developments

13.12  Eos Energy Enterprises Inc

13.12.1    Key Facts

13.12.2    Business Description

13.12.3    Products and Services

13.12.4    Financial Overview

13.12.5    SWOT Analysis

13.12.6    Key Developments

13.13  Saft Groupe SA

13.13.1    Key Facts

13.13.2    Business Description

13.13.3    Products and Services

13.13.4    Financial Overview

13.13.5    SWOT Analysis

13.13.6    Key Developments

13.14  LG Chem Ltd

13.14.1    Key Facts

13.14.2    Business Description

13.14.3    Products and Services

13.14.4    Financial Overview

13.14.5    SWOT Analysis

13.14.6    Key Developments

13.15  ESS Inc.

13.15.1    Key Facts

13.15.2    Business Description

13.15.3    Products and Services

13.15.4    Financial Overview

13.15.5    SWOT Analysis

13.15.6    Key Developments

14.        Appendix

14.1     About The Insight Partners

 

 

 

 

List of Tables

Table 1.             The US and Asia Pacific Battery Energy Storage System Market Segmentation

Table 2.             List of Vendors (Including Containerized BESS Players)

Table 3.             List of End-to-End BESS Providers

Table 4.             The US Battery Energy Storage System Installation Capacity Forecast, by Geography (MW)

Table 5.             The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Table 6.             The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 7.             The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 8.             The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 9.             The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Country

Table 10.          The US: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 11.          The US: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 12.          The US: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 13.          Australia: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 14.          Australia: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 15.          Australia: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 16.          China: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 17.          China: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 18.          China: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 19.          India: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 20.          India: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 21.          India: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 22.          Japan: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 23.          Japan: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 24.          Japan: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 25.          South Korea: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 26.          South Korea: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 27.          South Korea: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

Table 28.          Rest of Asia Pacific: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Type

Table 29.          Rest of Asia Pacific: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by Connection Type

Table 30.          Rest of Asia Pacific: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million) – by End User

 

 

List of Figures

Figure 1.           The US and Asia Pacific Battery Energy Storage System Market Segmentation, by Country

Figure 2.           PEST Analysis

Figure 3.           Battery Energy Storage System Ecosystem

Figure 4.           Battery Energy Storage System Supply Chain

Figure 5.           Cost Reduction Drivers of Battery Energy Storage System

Figure 6.           Microgrid Installation by Year, 2018–2023

Figure 7.           State-wise Microgrid Installations as of December 2023

Figure 8.           Impact Analysis of Drivers and Restraints

Figure 9.           The US and Asia Pacific Battery Energy Storage System Market Revenue (US$ Million), 2021–2031

Figure 10.        The US and Asia Pacific Battery Energy Storage System Market Share (%) – by Type, 2023 and 2031

Figure 11.        Lithium Ion: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031  (US$ Million)

Figure 12.        Others: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031  (US$ Million)

Figure 13.        The US and Asia Pacific Battery Energy Storage System Market Share (%) – by Connection Type, 2023 and 2031

Figure 14.        On-Grid: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031  (US$ Million)

Figure 15.        Off-Grid: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 16.        The US and Asia Pacific Battery Energy Storage System Market Share (%) – by End User, 2023 and 2031

Figure 17.        Commercial: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 18.        Utilities: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 19.        Residential: The US and Asia Pacific Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 20.        The US and Asia Pacific Battery Energy Storage System Market Breakdown by Key Countries, 2023 and 2031 (%)

Figure 21.        The US: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 22.        Australia: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 23.        China: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 24.        India: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 25.        Japan: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 26.        South Korea: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 27.        Rest of Asia Pacific: Battery Energy Storage System Market – Revenue and Forecast to 2031 (US$ Million)

Figure 28.        Heat Map Analysis of Key Players

Figure 29.        Company Positioning and Concentration

The List of Companies - US and Asia Pacific Battery Energy Storage System Market

  • BYD Co. Ltd
  • Samsung SDI Co Ltd
  • Panasonic Holdings Corp
  • Contemporary Amperex Technology Co Ltd
  • Tesla Inc
  • AES Corp
  • Ameresco Inc
  • Siemens AG
  • KORE Power Inc
  • General Electric Co
  • NextEra Energy Inc
  • Eos Energy Enterprises Inc
  • Saft Groupe SA
  • LG Chem Ltd
  • ESS Inc