Dynamic Competitors in the European Battery Energy Storage Market, 2018

Dynamic Competitors in the European Battery Energy Storage Market, 2018

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

RELEASE DATE
12-Sep-2018
REGION
Europe
Research Code: MDFD-01-00-00-00
SKU: EG01917-EU-MR_22309
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Description

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 electricity tariff rates. The region is entrenched with battery manufacturers coming up with a product portfolio with enhanced technological capabilities and financing options for facilitating the widespread adoption of energy storage systems. Strong, viable business models and strategic partnerships with PV kit integrators/distributors are crucial for penetrating this market, while enhancing the attractiveness of the energy storage solutions. Storage manufacturers are increasingly partnering with intelligent energy management solution providers that can incorporate machine learning (ML) and artificial intelligence (AI) to take real-time smart energy management decisions. The major growth opportunities lie in residential and commercial solar with storage market, which is poised to accelerate, with business models such as community energy trading and energy storage as a service expected to be the key driving factors.

Research Scope

The scope of the study involves the dynamic competitors in the European battery energy storage market that provide products and solutions to the residential, commercial, industrial, and utility applications. Each profile includes an overview of the competitor and covers its major product line offerings, key partners, distribution channel strategy, business model, and key development plans.

A rigorous methodology was followed to identify the market participants based on their product innovation and growth strategies. Top management executives of the companies were interviewed to obtain information on the key company strategies.

The companies profiled are: Sonnen, Fronius, Varta, SOLARWATT, E3/DC, SENEC, SMA, IBC Solar, Alpha ESS, Enphase, Electrochaea, RedT, Younicos, Akasol, Autarsys, Forsee Power, Moixa, and Powervault.


Research Highlights

Frost & Sullivan has highlighted the contribution of 18 dynamic competitors disrupting the energy storage market in Europe. A detailed profiling of the participants, including general company information, product lines, market strategies, and key growth areas, has been developed.

Key Issues Addressed

  • Which are the dynamic competitors in the European battery energy storage market?
  • What are their distribution strategies and business models?
  • What are the kinds of products that market participants are developing to meet the needs of customers?
  • What are the major trends in the battery energy storage market?
  • Which are the market segments that competitors are operating in and what are their market strategies?

 

RESEARCH: INFOGRAPHIC

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Table of Contents

Key Findings

Dynamic Competitors in the European Battery Energy Storage Market

Summary of Key Competitors in the European Battery Energy Storage Market

Market Definitions

Additional Sources of Information on the Energy Storage Market

Sonnen

Sonnen—Business Models and Channel Strategies

Fronius

Fronius—Business Models and Channel Strategies

VARTA Storage GmbH

VARTA Storage GmbH—Business Models and Channel Strategies

VARTA Storage GmbH—Product Portfolio

SOLARWATT

SOLARWATT—Business Models and Channel Strategies

E3/DC

E3/DC—Business Models and Channel Strategies

SENEC

SENEC—Business Models and Channel Strategies

SMA

SMA—Business Models and Channel Strategies

IBC Solar

IBC Solar—Business Models and Channel Strategies

Alpha ESS Europe GmbH

Alpha ESS—Business Models and Channel Strategies

Enphase

Enphase—Business Models and Channel Strategies

Electrochaea GmbH

Electrochaea GmbH—Business Models and Channel Strategies

RedT

RedT—Business Models and Channel Strategies

Younicos

Younicos—Business Models and Channel Strategies

Akasol

Akasol—Business Models and Channel Strategies

Autarsys GmbH

Autarsys GmbH—Business Models and Channel Strategies

Forsee Power

Forsee Power—Business Models and Channel Strategies

Moixa

Moixa—Business Models and Channel Strategies

Powervault

Powervault—Business Models and Channel Strategies

Growth Opportunity 1—Data Analytics

Growth Opportunity 2—Business Models

Strategic Imperatives for Success and Growth

The Last Word—3 Big Predictions

Legal Disclaimer

List of Exhibits

List of Figures
  • 1. Total Battery Energy Storage Market: Summary of Key Competitors, Europe, 2018
List of Charts
  • 1. Total Battery Energy Storage Market: Dynamic Competitors, Europe, 2018
Related Research
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 electricity tariff rates. The region is entrenched with battery manufacturers coming up with a product portfolio with enhanced technological capabilities and financing options for facilitating the widespread adoption of energy storage systems. Strong, viable business models and strategic partnerships with PV kit integrators/distributors are crucial for penetrating this market, while enhancing the attractiveness of the energy storage solutions. Storage manufacturers are increasingly partnering with intelligent energy management solution providers that can incorporate machine learning (ML) and artificial intelligence (AI) to take real-time smart energy management decisions. The major growth opportunities lie in residential and commercial solar with storage market, which is poised to accelerate, with business models such as community energy trading and energy storage as a service expected to be the key driving factors.--BEGIN PROMO--

Research Scope

The scope of the study involves the dynamic competitors in the European battery energy storage market that provide products and solutions to the residential, commercial, industrial, and utility applications. Each profile includes an overview of the competitor and covers its major product line offerings, key partners, distribution channel strategy, business model, and key development plans.

A rigorous methodology was followed to identify the market participants based on their product innovation and growth strategies. Top management executives of the companies were interviewed to obtain information on the key company strategies.

The companies

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Table of Contents | Executive Summary~ || Key Findings~ || Dynamic Competitors in the European Battery Energy Storage Market~ || Summary of Key Competitors in the European Battery Energy Storage Market~ | Market Definitions~ || Market Definitions~ || Additional Sources of Information on the Energy Storage Market~ | Competitor Profiling~ || Sonnen~ || Sonnen—Business Models and Channel Strategies~ || Fronius~ || Fronius—Business Models and Channel Strategies~ || VARTA Storage GmbH~ || VARTA Storage GmbH—Business Models and Channel Strategies~ || VARTA Storage GmbH—Product Portfolio~ || SOLARWATT~ || SOLARWATT—Business Models and Channel Strategies~ || E3/DC~ || E3/DC—Business Models and Channel Strategies~ || SENEC~ || SENEC—Business Models and Channel Strategies~ || SMA~ || SMA—Business Models and Channel Strategies~ || IBC Solar~ || IBC Solar—Business Models and Channel Strategies~ || Alpha ESS Europe GmbH~ || Alpha ESS—Business Models and Channel Strategies~ || Enphase~ || Enphase—Business Models and Channel Strategies~ || Electrochaea GmbH~ || Electrochaea GmbH—Business Models and Channel Strategies~ || RedT~ || RedT—Business Models and Channel Strategies~ || Younicos~ || Younicos—Business Models and Channel Strategies~ || Akasol~ || Akasol—Business Models and Channel Strategies~ || Autarsys GmbH~ || Autarsys GmbH—Business Models and Channel Strategies~ || Forsee Power~ || Forsee Power—Business Models and Channel Strategies~ || Moixa~ || Moixa—Business Models and Channel Strategies~ || Powervault~ || Powervault—Business Models and Channel Strategies~ | Growth Opportunities and Companies to Action~ || Growth Opportunity 1—Data Analytics~ || Growth Opportunity 2—Business Models~ || Strategic Imperatives for Success and Growth~ | The Last Word~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || List of Exhibits~ | The Frost & Sullivan Story~
List of Charts and Figures 1. Total Battery Energy Storage Market: Summary of Key Competitors, Europe, 2018~| 1. Total Battery Energy Storage Market: Dynamic Competitors, Europe, 2018~
Author Utham Ganesh
Industries Energy
WIP Number MDFD-01-00-00-00
Is Prebook No
GPS Codes 9211,9597,9599,9852,9AFE-A4,9AFF-A4,9B00-A4