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28 Mar 2018  |  Global  |  Market Research

Global Residential Battery Energy Storage Market, Forecast to 2022

With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022

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The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...

12 Jan 2018  |  Global  |  Market Research

Global Industrial Battery Market, Forecast to 2023

Growth in Renewable Energy and Distributed Generation to Drive the Global Industrial Battery Market

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The global industrial battery market is a well-established one which is expected to grow at a CAGR of 7.1% between 2014 and 2023. The major factors driving industrial batteries are the surging demand from energy storage and stationary applications, reinforced by advancements in battery technology. Industrial batteries for grid storage represent a u...

27 Sep 2017  |  Global  |  Market Research

Global Flow Battery Market, Forecast to 2023

Utility-scale Projects by Vanadium Redox Chemistry Dominate the Market Accounting for Over 80% of Revenue

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The importance of utility-based energy storage is driving demand for multiple options of efficient, cost-effective, and long standing storage solutions. The flow battery, with all its attractive features, is to become the most preferred chemistry for utility-based storage. Thus, the global flow battery market will witness a steady growth in unit vo...

12 Sep 2018  |  Europe  |  Market Research

Dynamic Competitors in the European Battery Energy Storage Market, 2018

Intelligent Software-based Energy Storage Solutions Providing Grid Ancillary Services Driving the Market

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The European energy storage market is undergoing a stage of technological evolution, with digital transformation, electric vehicle (EV) penetration, and smart grid initiatives leading the charge. The European region is becoming a hotspot for energy storage driven by falling battery and photovoltaic (PV) costs, attractive subsidies, and increasing e...

This report identifies the 10 most promising growth opportunities shaping the global power generation and distributed energy landscape in 2026. It examines how accelerating electrification, grid modernization, decarbonization targets, digitalization, and energy security concerns are redefining investment priorities across utilities, independent pow...

05 May 2025  |  Global  |  Technology Research

Advanced Anode Materials for High-capacity Lithium-ion Batteries—Silicon, Graphene, and Beyond: Performance, Value Chain Analysis, and Growth Opportunities, 2024–2030

Advanced Anode Materials are Revolutionizing the Fundamentals of the Lithium-ion Battery Industry

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The global shift to sustainability requires a strong focus on electrification and energy storage to decarbonize various sectors that rely on batteries for both mobility and stationary storage applications. These sectors include electric vehicles, water transportation, electric aviation, consumer electronics, power backup systems, and large-scale gr...

31 Dec 2018  |  North America  |  Market Research

Commercial Battery Energy Storage Market in Key Markets, Forecast to 2025

With Rising Demand Charges, Rapid Battery Price Reductions, Rampant Technological Innovation and Evolving Business Models, the Global Commercial Battery Storage Market will Exhibit Dramatic Growth Till 2025

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The commercial battery storage market is expected to show enormous growth, rising from $160.4 million in 2017 to $1.6 billion by 2025. Behind-the-meter battery energy storage systems at commercial sites offer attractive benefits such as peak demand charge reduction, back up, peak shaving and using batteries to participate in the local ancillary gri...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

The global low voltage (LV) and medium voltage (MV) commercial & industrial (C&I) transfer switch industry is expected to experience sustained growth between 2025 and 2035, driven by datacenter and digital infrastructure build out, the need for on-site back-up power, electrification of industries and industrial load and the integration of renewable...