Global Energy Storage Market Outlook, 2017

Energy Storage System Installed Capacity Will Hit 8.13 Gigawatts in 2017

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2017 will represent a breakout year for distributed energy storage, largely driven by the battery energy storage market. The utility-scale market is expected to continue the strong growth shown in 2016. The global market revenue will increase by 30% by the end of 2017, driven by continued price declines in battery systems, the establishment of procurement mandates in key international markets such as the United States and the United Kingdom, increased battery participation in open balancing markets in the United Kingdom and Germany, new standards for renewable integration in Japan, congestion management across key renewable energy markets, growth of renewable energy hybrid plants in developing countries, and continued financing support from governments into storage and micro-grid project piloting. The engine behind market growth for 2017, however, will exist in the residential and commercial sectors. The opening of new markets in the United States, Australia, and Europe through subsidy support and the ending of feed-in tariffs for photovoltaic (PV) systems have resulted in a flurry of competitors entering these markets, with PV kit distributors, utilities, and installers promoting storage solutions. The residential battery storage market is expected to show a massive 73.9% growth in 2017.

Market trends have been analysed for 2016 and 2017, with the base year as 2016. The study is divided into 3 separate chapters addressing the storage market: battery energy storage (e.g., utility scale, non-residential, and residential); alternative energy storage technologies (e.g., thermal, flywheels, supercapacitors, and compressed air energy storage); and battery storage for consumer, industrial, and electric vehicle applications.

The study assesses and discusses the companies launching new innovative storage solutions in 2017. Some companies considered for the study include Ice Energy, STORNETIC GmbH, Viking Cold Solutions™ Inc, Murata Manufacturing, Duke Energy Corporation, Statoil ASA, Moixa Energy Holdings Ltd, Trinabess, SENEC.IES, Redflow Limited, and CircuiTree.

The following are key questions this study will answer:
•     What are the growth opportunities, and where do they exist for market participants?
•     Which technologies are transforming the energy storage industry?
•     What application markets represent the greatest opportunity for storage solutions?
•     What are the transformation trends of the energy storage industry in 2017?
•     Which companies are releasing new innovative products in 2017?

Table of Contents

1. Executive Summary
Energy Storage Market Predictions for 2017
Global Energy Storage Technologies Forecast for 2017
Top 5 Attractive Countries in 2017—Total Installation Forecast of Energy Storage Projects
2. Research Scope and Segmentation
Research Scope
Market Definition and Segmentation
3. 2017 Industry Outlook—Alternative Energy Storage Technologies: Market Overview
Key 2017 Alternative ESS Market Predictions
4. Alternative Energy Storage Technologies—Technology Trends
Alternative Energy Storage Technologies Lifecycle
Key Technology Trends for 2017
TES Technology
CAES Technology
Flywheel Energy Storage Technology
Supercapacitors
New Technologies—Advanced Rail Energy Storage (ARES)
5. Alternative Energy Storage Technologies—Regional Analysis
Global Alternative Energy Storage Technologies Forecast for 2017
Alternative Energy Storage Market Trends
Regional Trends—North America
Regional Trends—Europe
Regional Trends—APAC
6. Alternative Energy Storage Technologies—Application Analysis
Alternative Energy Storage Technologies—Applications
Emerging Business Models of ESS
7. 2017 Industry Outlook—Battery Energy Storage Systems: Market Overview
Key Battery Market Trends for 2017
8. Battery Energy Storage Systems—Market Analysis
Market Size and Growth
Market Forecast—Grid-scale BESS
9. Battery Energy Storage Systems—Regional Analysis
2016 Geographic Segmentation—Grid-scale BESS
2017 Geographic Segmentation—Grid-scale BESS
Regional Trends—APAC
Regional Trends—Europe
Regional Trends—North America
BESS Global Market Attractiveness
10. Battery Energy Storage Systems—Technology Spotlight
Technology Spotlight
Battery Energy Storage Technology Trends
Key Technology Trends
11. Battery Energy Storage Systems—Global Policies
Storage Market Policies—Global Incentives
12. 2017 Industry Outlook—Battery Storage (Consumer, Industrial, and EV Applications)
Battery Storage Trend for Consumer, Industrial, and EV Applications
Li-ion Device Batteries—Are They Safe?
Market Size and Growth
EV Battery Market Size and Growth
13. Battery Storage (Consumer, Industrial, and EV Applications)—Regional Analysis
Regional Trends—APAC
Regional Trends—Europe
Regional Trends—North America
14. Growth Opportunities and Companies to Action
Major Growth Opportunities for Residential, C&I, and Utility Applications
Major Growth Opportunities for BTM and Molten Silicon Thermal Storage Applications
Strategic Imperatives for Success and Growth—Critical Success Factors for Growth of ESS Technologies across Regions
Companies to Watch—New Product/Technology/Service Launches in 2017
15. Key Conclusions
Key Conclusions and Future Outlook
Legal Disclaimer
16. Appendix
Top Economic Trends—2017
Top Economic Predictions—2017
Top Predictions in 2017—Advanced Economies
Top Predictions in 2017—BRICS Nations
Top 20 Largest Global Economies in 2016
Top 20 Fastest-growing Global Economies—2015 to 2017
Global Economic Snapshot—2015–2017
Other Macro-Economic Highlights—2017
Abbreviations and Acronyms Used
Additional Sources of Information on the Energy Storage Market
17. The Frost & Sullivan Story


List of Figures & Charts

1. Energy Storage Outlook: Top 5 Attractive Countries by Grid-scale ESS Installation Forecast, Global, 2017
2. Energy Storage Outlook: Ongoing TES Projects, Global, 2016
3. Energy Storage Outlook: CAES Installed Capacity by Region, Global, 2016
4. Flywheel Energy Storage Market: Ongoing Projects by Region, Global, 2016
5. Supercapacitors Market: Ongoing Projects by Region, Global, 2016
6. Energy Storage Outlook: Capacity Addition, North America, 2017
7. Energy Storage Outlook: Capacity Addition, Europe, 2017
8. Energy Storage Outlook: Capacity Addition in 2017, APAC, 2017
9. Energy Storage Outlook: Key Applications by Alternative ESS Technology Type, Global, 2017
10. Energy Storage Outlook: Emerging Business Models in Energy Storage, Global, 2017
11. Energy Storage Outlook: Attractiveness of Geographic Markets for BESS, Global, 2017
12. Energy Storage Outlook: Key BESS Technology Comparison, Global, 2017
13. Energy Storage Outlook: Key Conclusions and Future Outlook, Global, 2017
14. GDP Growth: Economic Snapshot of Selected Countries: Global, 2015–2017


1. Energy Storage Outlook: Geographic Segmentation of Grid-scale ESS Installed Capacity by Technology, Global, 2017
2. Energy Storage Outlook: Technology Lifecycle, Global, 2017
3. Energy Storage Outlook: TES Capacity Addition Status, Global, 2016
4. Energy Storage Outlook: CAES Capacity Addition Status, Global, 2016
5. Flywheel Energy Storage Market: Capacity Addition Status, Global, 2016
6. Supercapacitors Market: Revenue Forecast in Transportation, Global, 2016 and 2017
7. Energy Storage Outlook: Grid-scale Alternative ESS Technology Installed Capacity, Global, 2016 and 2017
8. Energy Storage Outlook: Installed Capacity of ESS Technology by Application, Global, 2017
9. Energy Storage Outlook: Li-ion Battery Market Segment Revenue Forecast, Global, 2016 and 2017
10. Energy Storage Outlook: Grid-scale BESS Operational Market Size, Global, 2016
11. Energy Storage Outlook: Grid-scale BESS Operational Market Size, Global, 2017
12. Energy Storage Outlook: Technology Share of BESS Operational Capacity, Global, 2016
13. Energy Storage Outlook: Technology Share of BESS Operational Capacity, Global, 2017
14. Energy Storage Outlook: Geographic Segmentation of the BESS Market by MW and MWH Installed Capacity, Global, 2016
15. Energy Storage Outlook: Geographic Segmentation of the BESS Market by MW and MWH Installed Capacity, Global, 2017
16. Energy Storage Outlook: Alternative to Li-ion Battery Technology, Global, 2016–2018
17. Energy Storage Outlook: Li-ion Battery Market Segment Forecast, Global, 2016 and 2017
18. Energy Storage Outlook: Total EV Units, Global, 2016–2017
19. Energy Storage Outlook: Automotive EV Li-ion Battery Market Segment Forecast, Global, 2016–2017
20. The 20 Largest Economies: Global, 2016
21. GDP Growth: Top 20 Fastest-growing Economies, 2015 and 2016



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