Energy Storage

Energy Storage program area includes Batteries, Grid Stabilization and other Emerging Technologies evolving for Energy Storage.

At Frost & Sullivan, we have a dedicated team tracking the developments in these verticals, and offer Syndicated research services; Customized research, Strategic consulting, and Growth Opportunity Analysis workshop that help clients come up with the multiple changes happening in this dynamic market. Research in the battery industry tracking back to the past 2 decades, offers us the distinct advantage of strong understanding of market evolution in this domain.

  1. 06 Feb 2023  |  Global  |  Market Research

    Battery Energy Storage Growth Opportunities

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

    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...

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  2. 02 Mar 2022  |  Global  |  Market Research

    Global Stationary Lithium-ion Battery Growth Opportunities

    Future Growth Potential Driven by Demand for Battery Energy Storage Systems

    Stationary lithium-ion systems are key components of the energy storage architecture, which fulfill energy storage requirements for utilities, residential, and commercial customers. The global growth of renewable energy installations has increased intermittent energy production, creating an unbalanced grid. This has led to a demand for energy stora...

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  3. 23 Nov 2021  |  Global  |  Market Research

    Global Residential Battery Energy Storage Growth Opportunities

    Higher Electricity Prices, Declining Technology Costs, and Desire for Grid Independence are Factors Driving Market Growth

    The residential battery storage market will continue its recent trajectory of strong growth, with global revenues increasing from $3.05 billion in 2021 to reach $8.11 billion in 2030. High electricity prices, declines in feed-in tariffs and net metering payments, and continued declines in lithium-ion battery prices and associated components are the...

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  4. 23 Apr 2020  |  Global  |  Market Research

    Global Battery Energy Storage Market

    COVID-19 Update

    Increasing electricity costs and grid demand charges, declining feed-in tariffs, and declining technology and projects costs all mean that energy storage is becoming a much more attractive proposition for consumers from household to heavy industry. The market has enjoyed high growth rates since 2015, but the volume of installations is still only a ...

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  5. 30 Mar 2020  |  Global  |  Market Research

    Global Ultracapacitor Market, Forecast to 2026

    Adoption of Electric Vehicles Contributes to Strong Revenue Growth, While the Mature Consumer Electronics Vertical Drives Volumes

    Ultracapacitors are energy storage devices that are best suited for high-impulse power. As ultracapacitors have a small storage capacity, they are usually used to complement another energy storage device (mostly batteries). Ultracapacitors find profound applications in consumer electronics devices, such as laptops, smartphones, smart toys, video re...

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  6. 06 Dec 2019  |  Global  |  Frost Radar

    Frost Radar in the Global Lithium-Ion Battery Market

    A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines

    Global lithium-ion battery market revenue is expected to increase at an impressive 17.9% compound annual growth rate from 2018 to 2025. Market growth is fueled by rising demand for energy storage around the world, electric vehicle production, and demand for industrial power tools and electric forklifts. Technological advancements have allowed batte...

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  7. 23 May 2019  |  Global  |  Market Research

    Growth Opportunity Analysis of the Global UPS Battery Market, 2018

    Commercial and Data Center UPS Drive Battery Demand

    Majority of the UPS systems has battery to store energy that will be used during power outage. The stationary lead-acid battery is the predominant battery chemistry used in these UPS, while lithium ion is the emerging chemistry that is revolutionizing the industry. Among the UPS applications, the role of batteries in commercial, industrial, data ce...

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  8. 14 May 2019  |  Global  |  Frost Radar

    Frost Radar in the Battery Energy Storage Market

    A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines

    The global battery energy storage industry is predicted to have double-digit growth, and this will be driven by both front of the meter and behind the meter applications. Falling battery costs, increased grid modernization initiatives, rapid growth in variable renewable energy generation, participation of battery storage in various wholesale electr...

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  9. 22 Nov 2018  |  Global  |  Market Research

    Global Battery Management Systems Market, Forecast to 2024

    Rising Adoption of Electric Vehicles and Increasing Popularity of Renewable Energy Integration Drives BMS Demand

    Battery management systems (BMS) are critical to ensure the safe and reliable operation of batteries, especially in advanced applications. The BMS market mirrors the growth of the battery market, and it is expected to grow steadily throughout the forecast period due to the increasing adoption of electric vehicles (xEVs), rising popularity of batter...

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  10. 24 Aug 2018  |  Global  |  Market Research

    Global Motive Lead-Acid Battery Market, Forecast to 2024

    Despite Penetration from Lithium-ion, Lead-acid Battery Will Dominate Deep Cycle Application

    The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...

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    Special Price $3,712.50 save 25 %