Global Grid-scale Battery Storage Market Size, Status and Forecast 2022

Grid energy storage (also called large-scale energy storage) is a collection of methods used for energy storage on a large scale within an electrical power grid.
Grid-scale batteries are utilized for applications, such as ancillary services, renewable integration, black start, firm capacity, and various other application at the site of renewable energy generation and at transmission and distribution facilities of the power sector.

Market Analysis and Insights: Global Grid-scale Battery Storage Market
In 2021, the global Grid-scale Battery Storage market size will be US$ million and it is expected to reach US$ million by the end of 2027, with a CAGR of % during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Grid-scale Battery Storage market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Grid-scale Battery Storage market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Grid-scale Battery Storage market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Grid-scale Battery Storage market.

Global Grid-scale Battery Storage Scope and Market Size
Grid-scale Battery Storage market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Grid-scale Battery Storage market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.


Segment by Type
Lithium-Ion
Lead Acid
Others


Segment by Application
Renewable Integration
Ancillary Services
Others


By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA


By Company
NGK Insulators Ltd.
BYD Co. Ltd.
Sumitomo Electric Industries, Ltd.
Samsung SDI Co. Ltd.
General Electric
GS Yuasa Corp.
LG Chem Ltd.
Mitsubishi Electric Corp.
Panasonic Corp.
ABB Group
Hitachi Ltd.
Fluence Energy