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Battery Energy Storage System, Update 2021 – Global Market Size, Competitive Landscape, Key Country Analysis to 2025

Asia-Pacific (APAC) was the largest market for battery energy storage systems in 2020, accounting for 49.9% of the global market installed capacity. The region is expected to maintain its top position in the forecast period up to 2025, as well as its market share of approximately 53.5% in 2025, followed by Europe, Middle East and Africa (EMEA) and the Americas.

Bhavana Sri, Power Analyst at GlobalData, comments:

“China will likely overtake the US and lead the market at the country level in 2025. The market for battery energy storage in China is estimated to reach $3.22bn in 2025. With its massive renewable energy capacity installation capacity of the energy storage market in China is estimated to reach almost 12 GW in 2025.”

With the number of grid-connected renewable electricity generation plants increasing tremendously, the APAC region will focus on frequency regulation in the electric grid to normalize the variation in power generation from renewables. By the end of 2025, the top four countries in the region, namely, China, South Korea, Australia, and Japan are collectively expected to install a cumulative capacity of 20.45 GW.

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The report analyzes the battery energy storage market in terms of value and volume, classified by various technologies for the period 2016–2025 with specific focus on installations up to 2016, up to 2020, and up to 2025. The electrochemical energy storage technologies covered in the report include lead-acid batteries, flow batteries, sodium-sulfur batteries, lithium-ion batteries, and other advanced batteries. The report provides insight into the drivers and restraints affecting the battery energy storage market, competitive landscape, policies and initiatives, recent market deals, battery system cost analysis, top company profiles, and key projects. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GlobalData’s team of industry experts.

Scope

The report analyses battery energy storage system market. Its scope includes:

Analysis of the growth of battery energy storage system market with a focus on market value in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.

The report provides battery energy storage system market analysis for key countries including the US, Chile, China, India, Japan, Australia, Republic of Korea, Germany, Italy, the UK, and France.

The report offers global, regional, and country level battery energy storage system market value (up to 2016, up to 2020, and up to 2025) and volume (up to 2016, up to 2020, and up to 2025). Market share by technology is also discussed in the report for installations up to 2020.

Qualitative analysis of key market drivers and restraints, and analysis of their impacts on battery energy storage system market are discussed.

The report provides competitive landscape at country level for the year 2020. It also covers key policies and initiatives, key deals, and key projects.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to:

Facilitate decision-making by analyzing market data on battery energy storage systems

Develop strategies based on developments in the battery energy storage system market

Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the battery energy storage system market

Respond to your competitors’ business structure, strategies, and prospects

Companies mentioned

A123 Systems LLC, ABB Ltd, ADS Tec GmbH, Autarsys GmbH, Bayerische Motoren Werke AG, BlueSolutions SA, BYD Co Ltd, Ecoult, Energy Made Clean Limited, Fiamm, Fluence, General Electric Co, GS Yuasa Corp, Imergy Power Systems Inc, Kokam America Inc., Kokam Co Ltd, Leclanche SA, LG Chem Ltd, LG Corp, Maxwell Technologies Inc, Narada Power Source Co Ltd, NEC Chile SA, NEC Corp, NEC Energy Solutions Inc, NGK Insulators Ltd, Nidec ASI SpA, Qinous GmbH, Robert Bosch GmbH, Saft Groupe SA, SAMSUNG, Samsung SDI Co Ltd, Shenzhen Sinexcel Electric Co Ltd, Shin Kobe Electric Machinery Co Ltd, Showa Denko Materials Co Ltd, Siemens AG, STEAG Solar Energy Solutions GmbH, Sumitomo Electric Industries Ltd, Tesla Inc, Toshiba Corp, Toshiba Corporation Infrastructure Systems & Solutions Company, Trojan Battery Company, Woojin Industrial Systems Co Ltd, Xtreme Power Inc., Younicos GmbH

Table of Contents

| About GlobalData

1. Executive Summary

1.1 Global Battery Energy Storage Market to Reach a Value of $11bn by 2025

1.2 China to Lead the Country-Level Market for Battery Energy Storage

2. Introduction

2.1 Energy Storage Systems, Overview

2.2 Energy Storage System Technologies, Overview

Energy Storage System Technologies, Mechanical

Energy Storage System Technologies, Electrical

Energy Storage System Technologies, Electrochemical

Energy Storage System Technologies, Chemical

Energy Storage System Technologies, Thermal

2.3 Energy Storage System Technologies, Application

2.4 Energy Storage System Technologies, Costs

2.5 Battery Energy Storage Market, Rationale for Usage

2.6 Battery Energy Storage Market, Disposal and Environmental Impact

2.7 Battery Energy Storage Market, GlobalData Report Guidance

3. Battery Energy Storage Market, Global

3.1 Battery Energy Storage Market, Global, Market Overview

3.2 Battery Energy Storage Market, Global, Market Drivers and Restraints Analysis

Battery Energy Storage Market, Global, Market Drivers and Impact Analysis

Battery Energy Storage Market, Global, Market Restraints and Impact Analysis

3.3 Battery Energy Storage Market, Global, Market Size Analysis

Battery Energy Storage Market, Global, Market Volume (GW), 2016, 2020, 2025

Battery Energy Storage Market, Global, Market Value ($bn), 2016, 2020, 2025

Battery Energy Storage Market, Global, Market Share by Region, 2016, 2020, 2025

Battery Energy Storage Market, Global, Market Share by Technology, 2020

3.4 Battery Energy Storage Market, Global, Competitive Landscape, 2020

4. Battery Energy Storage Market, Americas

4.1 Battery Energy Storage Market, Americas, Market Overview

4.2 Battery Energy Storage Market, Americas, Market Size Analysis

Battery Energy Storage Market, Americas, Market Volume (GW), 2016, 2020, 2025

Battery Energy Storage Market, Americas, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, Americas, Market Share by Technology, 2020

4.3 Battery Energy Storage Market, Americas, Competitive Landscape, 2020

5. Battery Energy Storage Market, US

5.1 Battery Energy Storage Market, US, Market Overview

5.2 Battery Energy Storage Market, the US, Major Policies, and Initiatives

5.3 Battery Energy Storage Market, US, Market Size Analysis

Battery Energy Storage Market, US, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, US, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, US, Market Share by Technology, 2020

5.4 Battery Energy Storage Market, US, Competitive Landscape, 2020

6. Battery Energy Storage Market, Chile

6.1 Battery Energy Storage Market, Chile, Market Overview

6.2 Battery Energy Storage Market, Chile, Key Policies, and Initiatives

6.3 Battery Energy Storage Market, Chile, Market Size Analysis

Battery Energy Storage Market, Chile, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, Chile, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, Chile, Market Share by Technology, 2020

6.4 Battery Energy Storage Market, Chile, Competitive Landscape, 2020

7. Battery Energy Storage Market, Asia Pacific

7.1 Battery Energy Storage Market, Asia Pacific, Market Overview

7.2 Battery Energy Storage Market, Asia Pacific, Market Size Analysis

Battery Energy Storage Market, Asia Pacific, Market Volume (GW), 2016, 2020, 2025

Battery Energy Storage Market, Asia Pacific, Market Value ($bn), 2016, 2020, 2025

Battery Energy Storage Market, Asia Pacific, Market Share by Technology, 2020

7.3 Battery Energy Storage Market, Asia Pacific, Competitive Landscape, 2020

8. Battery Energy Storage Market, China

8.1 Battery Energy Storage Market, China, Market Overview

8.2 Battery Energy Storage Market, China, Key Policies, and Initiatives

8.3 Battery Energy Storage Market, China, Market Size Analysis

Battery Energy Storage Market, China, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, China, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, China, Market Share by Technology, 2020

8.4 Battery Energy Storage Market, China, Competitive Landscape, 2020

9. Battery Energy Storage Market, India

9.1 Battery Energy Storage Market, India, Market Overview

9.2 Battery Energy Storage Market, India, Key Policies, and Initiatives

9.3 Battery Energy Storage Market, India, Market Size Analysis

Battery Energy Storage Market, India, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, India, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, India, Market Share by Technology, 2020

9.4 Battery Energy Storage Market, India, Competitive Landscape, 2020

10. Battery Energy Storage Market, Japan

10.1 Battery Energy Storage Market, Japan, Market Overview

10.2 Battery Energy Storage Market, Japan, Key Policies, and Initiatives

10.3 Battery Energy Storage Market, Japan, Market Size Analysis

Battery Energy Storage Market, Japan, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, Japan, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, Japan, Market Share by Technology, 2020

10.4 Battery Energy Storage Market, Japan, Competitive Landscape, 2020

11. Battery Energy Storage Market, Australia

11.1 Battery Energy Storage Market, Australia, Market Overview

11.2 Battery Energy Storage Market, Australia, Key Policies, and Initiatives

11.3 Battery Energy Storage Market, Australia, Market Size Analysis

Battery Energy Storage Market, Australia, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, Australia, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, Australia, Market Share by Technology, 2020

11.4 Battery Energy Storage Market, Australia, Competitive Landscape, 2020

12. Battery Energy Storage Market, Republic of Korea

12.1 Battery Energy Storage Market, Republic of Korea, Market Overview

12.2 Battery Energy Storage Market, Republic of Korea, Key Policies, and Initiatives

12.3 Battery Energy Storage Market, Republic of Korea, Market Size Analysis

Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, Republic of Korea, Market Share by Technology, 2020

12.4 Battery Energy Storage Market, Republic of Korea, Competitive Landscape, 2020

13. Energy Storage Market, EMEA

13.1 Battery Energy Storage Market, EMEA, Market Overview

13.2 Battery Energy Storage Market, EMEA, Market Size Analysis

Battery Energy Storage Market, EMEA, Market Volume (GW), 2016, 2020, 2025

Battery Energy Storage Market, EMEA, Market Value ($bn), 2016, 2020, 2025

Battery Energy Storage Market, EMEA, Market Share by Technology, 2020

13.3 Battery Energy Storage Market, EMEA, Competitive Landscape, 2020

14. Battery Energy Storage Market, Germany

14.1 Battery Energy Storage Market, Germany, Market Overview

14.2 Battery Energy Storage Market, Germany, Key Policies, and Initiatives

14.3 Battery Energy Storage Market, Germany, Market Size Analysis

Battery Energy Storage Market, Germany, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, Germany, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, Germany, Market Share by Technology, 2020

14.4 Battery Energy Storage Market, Germany, Competitive Landscape, 2020

15. Battery Energy Storage Market, Italy

15.1 Battery Energy Storage Market, Italy, Market Overview

15.2 Battery Energy Storage Market, Italy, Key Policies, and Initiatives

15.3 Battery Energy Storage Market, Italy, Market Size Analysis

Battery Energy Storage Market, Italy, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, Italy, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, Italy, Market Share by Technology, 2020

15.4 Battery Energy Storage Market, Italy, Competitive Landscape, 2020

16. Battery Energy Storage Market, UK

16.1 Battery Energy Storage Market, UK, Market Overview

16.2 Battery Energy Storage Market, UK, Key Policies, and Initiatives

16.3 Battery Energy Storage Market, UK, Market Size Analysis

Battery Energy Storage Market, UK, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, UK, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, UK, Market Share by Technology, 2020

16.4 Battery Energy Storage Market, UK, Competitive Landscape, 2020

17. Battery Energy Storage Market, France

17.1 Battery Energy Storage Market, France, Market Overview

17.2 Battery Energy Storage Market, France, Key Policies, and Initiatives

17.3 Battery Energy Storage Market, France, Market Size Analysis

Battery Energy Storage Market, France, Market Volume (MW), 2016, 2020, 2025

Battery Energy Storage Market, France, Market Value ($m), 2016, 2020, 2025

Battery Energy Storage Market, France, Market Share by Technology, 2020

17.4 Battery Energy Storage Market, France, Competitive Landscape, 2020

18. Battery Energy Storage Market, Global, Company Profiles

18.1 LG Chem Ltd

18.2 Samsung SDI Co Ltd

18.3 NGK Insulators Ltd

18.4 BYD Co Ltd

18.5 Saft Groupe SA

19. Appendix

19.1 Abbreviations

19.2 Bibliography

19.3 Research Methodology

Primary Research

Secondary Research

Market Estimates and Assumptions

19.4 Contact Us

19.5 Disclaimer

| Contact Us 166

List of Tables

Table 1: Battery Energy Storage Market, Battery Technology Overview

Table 2: Battery Energy Storage Market, Global, Market Snapshot

Table 3: Battery Energy Storage Market, Global, Analysis of Market Drivers and Restraints

Table 4: Battery Energy Storage Market, Global, Market Volume (GW), 2016, 2020, 2025

Table 5: Battery Energy Storage Market, Global, Market Value ($bn), 2016, 2020, 2025

Table 6: Battery Energy Storage Market, Global, Regional Market share (%), 2016, 2020, 2025

Table 7: Battery Energy Storage Market, Global, Technology Market Share (%), 2020

Table 8: Battery Energy Storage Market, Global, Competitive Landscape, 2020

Table 9: Battery Energy Storage Market, Americas, Market Volume (GW), 2016, 2020, 2025

Table 10: Battery Energy Storage Market, Americas, Market Value ($m), 2016, 2020, 2025

Table 11: Battery Energy Storage Market, Americas, Technology Market Share (%), 2020

Table 12: Battery Energy Storage Market, Americas, Market Share (%), 2020

Table 13: Battery Energy Storage Market, US, Market Snapshot

Table 14: Battery Energy Storage Market, US, Key Policies and Incentives

Table 15: Battery Energy Storage Market, US, Market Volume (MW), 2016, 2020, 2025

Table 16: Battery Energy Storage Market, US, Market Value ($m), 2016, 2020, 2025

Table 17: Battery Energy Storage Market, US, Lithium ion Technology Based Projects, 2020

Table 18: Battery Energy Storage Market, US, Technology Market Share (%), 2020

Table 19: Battery Energy Storage Market, US, Contracts

Table 20: Battery Energy Storage Market, US, Market Share (%), 2020

Table 21: Battery Energy Storage Market, Chile, Market Snapshot

Table 22: Battery Energy Storage Market, Chile, Market Volume (MW), 2016, 2020, 2025

Table 23: Battery Energy Storage Market, Chile, Market Value ($m), 2016, 2020, 2025

Table 24: Battery Energy Storage Market, Chile, Technology Market Share (%), 2020

Table 25: Battery Energy Storage Market, Chile, Market Share (%), 2020

Table 26: Battery Energy Storage Market, Asia Pacific, Market Volume (GW), 2016, 2020, 2025

Table 27: Battery Energy Storage Market, Asia Pacific, Market Value ($bn), 2016, 2020, 2025

Table 28: Battery Energy Storage Market, Asia Pacific, Technology Market Share (%), 2020

Table 29: Battery Energy Storage Market, Asia Pacific, Market Share (%), 2020

Table 30: Battery Energy Storage Market, China, Market Snapshot

Table 31: Battery Energy Storage Market, China, Market Volume (MW), 2016, 2020, 2025

Table 32: Battery Energy Storage Market, China, Market Value ($m), 2016, 2020, 2025

Table 33: Battery Energy Storage Market, China, Battery Storage Projects

Table 34: Battery Energy Storage Market, China, Technology Market Share (%), 2020

Table 35: Battery Energy Storage Market, China, Contracts, 2020

Table 36: Battery Energy Storage Market, China, Market Share (%), 2020

Table 37: Battery Energy Storage Market, India, Market Snapshot

Table 38: Battery Energy Storage Market, India, Key Policies, and Initiatives

Table 39: Battery Energy Storage Market, India, Market Volume (MW), 2016, 2020, 2025

Table 40: Battery Energy Storage Market, India, Market Value ($m), 2016, 2020, 2025

Table 41: Battery Energy Storage Market, India, Technology Market Share (%), 2020

Table 42: Battery Energy Storage Market, India, Contracts, 2020

Table 43: Battery Energy Storage Market, India, Market Share (%), 2020

Table 44: Battery Energy Storage Market, Japan, Market Snapshot

Table 45: Battery Energy Storage Market, Japan, Relevant Regulations and Other Initiatives

Table 46: Battery Energy Storage Market, Japan, Market Volume (MW), 2016, 2020, 2025

Table 47: Battery Energy Storage Market, Japan, Market Value ($m), 2016, 2020, 2025

Table 48: Battery Energy Storage Market, Japan, Battery Storage Projects

Table 49: Battery Energy Storage Market, Japan, Technology Market Share (%), 2020

Table 50: Battery Energy Storage Market, Japan, Market Share (%), 2020

Table 51: Battery Energy Storage Market, Australia, Market Snapshot

Table 52: Battery Energy Storage Market, Australia, Key Policies and Initiatives

Table 53: Battery Energy Storage Market, Australia, Market Volume (MW), 2016, 2020, 2025

Table 54: Battery Energy Storage Market, Australia, Market Value ($m), 2016, 2020, 2025

Table 55: Battery Energy Storage Market, Australia, Lithium ion Based Battery Storage Projects, 2020

Table 56: Battery Energy Storage Market, Australia, Technology Market Share (%), 2020

Table 57: Battery Energy Storage Market, Australia, Contracts, 2020

Table 58: Battery Energy Storage Market, Australia, Market Share (%), 2020

Table 59: Battery Energy Storage Market, Republic of Korea, Market Snapshot

Table 60: Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2016, 2020, 2025

Table 61: Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2016, 2020, 2025

Table 62: Battery Energy Storage Market, Republic of Korea, Technology Market Share (%), 2020

Table 63: Battery Energy Storage Market, Republic of Korea, Market Share (%), 2020

Table 64: Battery Energy Storage Market, EMEA, Market Volume (MW), 2016, 2020, 2025

Table 65: Battery Energy Storage Market, EMEA, Market Value ($m), 2016, 2020, 2025

Table 66: Battery Energy Storage Market, EMEA, Technology Market Share (%), 2020

Table 67: Battery Energy Storage Market, EMEA, Market Share (%), 2020

Table 68: Battery Energy Storage Market, Germany, Market Snapshot

Table 69: Battery Energy Storage Market, Germany, Key Policies, and Initiatives

Table 70: Battery Energy Storage Market, Germany, Key Policies, and Initiatives

Table 71: Battery Energy Storage Market, Germany, Market Volume (MW), 2016, 2020, 2025

Table 72: Battery Energy Storage Market, Germany, Market Value ($m), 2016, 2020, 2025

Table 73: Battery Energy Storage Market, Germany, Lithium ion Technology Based Projects, 2020

Table 74: Battery Energy Storage Market, Germany, Technology Market Share (%), 2020

Table 75: Battery Energy Storage Market, Germany, Market Share (%), 2020

Table 76: Battery Energy Storage Market, Italy, Market Snapshot

Table 77: Battery Energy Storage Market, Italy, Market Volume (MW), 2016, 2020, 2025

Table 78: Battery Energy Storage Market, Italy, Market Value ($m), 2016, 2020, 2025

Table 79: Battery Energy Storage Market, Italy, Technology Market Share (%), 2020

Table 80: Battery Energy Storage Market, Italy, Market Share (%), 2020

Table 81: Battery Energy Storage Market, UK, Market Snapshot

Table 82: Battery Energy Storage Market, UK, Market Volume (MW), 2016, 2020, 2025

Table 83: Battery Energy Storage Market, UK, Market Value ($m), 2016, 2020, 2025

Table 84: Battery Energy Storage Market, UK, Lithium ion Technology Based Projects

Table 85: Battery Energy Storage Market, UK, Technology Market Share (%), 2020

Table 86: Battery Energy Storage Market, UK, Contracts, 2020

Table 87: Battery Energy Storage Market, UK, Market Share (%), 2020

Table 88: Battery Energy Storage Market, France, Market Snapshot

Table 89: Battery Energy Storage Market, France, Support Schemes for Renewables

Table 90: Battery Energy Storage Market, France, Market Volume (MW), 2016, 2020, 2025

Table 91: Battery Energy Storage Market, France, Market Value ($m), 2016, 2020, 2025

Table 92: Battery Energy Storage Market, France, Lithium ion Technology Based Projects

Table 93: Battery Energy Storage Market, France, Technology Market Share (%), 2020

Table 94: Battery Energy Storage Market, France, Contracts, 2020

Table 95: Battery Energy Storage Market, France, Market Share (%), 2020

Table 96: Battery Energy Storage Market, LG Chem Ltd

Table 97: Battery Energy Storage Market, Samsung SDI Co Ltd

Table 98: Battery Energy Storage Market, NGK Insulators Ltd

Table 99: Battery Energy Storage Market, BYD Co Ltd

Table 100: Battery Energy Storage Market, Saft Groupe SA

Table 101: Abbreviations

List of Figures

Figure 1: Battery Energy Storage Market, Global, Major Countries Snapshot, Market Value ($bn), 2025 13

Figure 2: Battery Energy Storage Market, Global, Major Countries Snapshot, Market Volume (GW), 2025

Figure 3: Battery Energy Storage Market, Classification of Energy Storage Technologies

Figure 4: Battery Energy Storage Market, Battery Energy Storage System Layout

Figure 5: Battery Energy Storage Market, Application of Battery Energy Storage System

Figure 6: Battery Energy Storage Market, Cost Breakdown, 2018

Figure 7: Battery Energy Storage Market, Global, Market Volume (GW), 2016, 2020, 2025

Figure 8: Battery Energy Storage Market, Global, Market Value ($bn), 2016, 2020, 2025

Figure 9: Battery Energy Storage Market, Global, Regional Market Share (%), 2016, 2020, 2025

Figure 10: Battery Energy Storage Market, Global, Technology Market Share (%), 2020

Figure 11: Battery Energy Storage Market, Global, Competitive Landscape, 2020

Figure 12: Battery Energy Storage Market, Americas, Market Volume (GW), 2016, 2020, 2025

Figure 13: Battery Energy Storage Market, Americas, Market Value ($m), 2016, 2020, 2025

Figure 14: Battery Energy Storage Market, Americas, Technology Market Share (%), 2020

Figure 15: Battery Energy Storage Market, Americas, Market Share (%), 2020

Figure 16: Battery Energy Storage Market, US, Market Volume (MW), 2016, 2020, 2025

Figure 17: Battery Energy Storage Market, US, Market Value ($m), 2016, 2020, 2025

Figure 18: Battery Energy Storage Market, US, Technology Market Share (%), 2020

Figure 19: Battery Energy Storage Market, US, Market Share (%), 2020

Figure 20: Battery Energy Storage Market, Chile, Market Volume (MW), 2016, 2020, 2025

Figure 21: Battery Energy Storage Market, Chile, Market Value ($m), 2016, 2020, 2025

Figure 22: Battery Energy Storage Market, Chile, Technology Market Share (%), 2020

Figure 23: Battery Energy Storage Market, Chile, Market Share (%), 2020

Figure 24: Battery Energy Storage Market, Asia Pacific, Market Volume (GW), 2016, 2020, 2025

Figure 25: Battery Energy Storage Market, Asia Pacific, Market Value ($bn), 2016, 2020, 2025

Figure 26: Battery Energy Storage Market, Asia Pacific, Technology Market Share (%), 2020

Figure 27: Battery Energy Storage Market, Asia Pacific, Market Share (%), 2020

Figure 28: Battery Energy Storage Market, China, Market Volume (MW), 2016, 2020, 2025

Figure 29: Battery Energy Storage Market, China, Market Value ($m), 2016, 2020, 2025

Figure 30: Battery Energy Storage Market, China, Technology Market Share (%), 2020

Figure 31: Battery Energy Storage Market, China, Market Share (%), 2020

Figure 32: Battery Energy Storage Market, India, Market Volume (MW), 2016, 2020, 2025

Figure 33: Battery Energy Storage Market, India, Market Value ($m), 2016, 2020, 2025

Figure 34: Battery Energy Storage Market, India, Technology Market Share (%), 2020

Figure 35: Battery Energy Storage Market, India, Market Share (%), 2020

Figure 36: Battery Energy Storage Market, Japan, Market Volume (MW), 2016, 2020, 2025

Figure 37: Battery Energy Storage Market, Japan, Market Value ($m), 2016, 2020, 2025

Figure 38: Battery Energy Storage Market, Japan, Technology Market Share (%), 2020

Figure 39: Battery Energy Storage Market, Japan, Market Share (%), 2020

Figure 40: Battery Energy Storage Market, Australia, Market Volume (MW), 2016, 2020, 2025

Figure 41: Battery Energy Storage Market, Australia, Market Value ($m), 2016, 2020, 2025

Figure 42: Battery Energy Storage Market, Australia, Technology Market Share (%), 2020

Figure 43: Battery Energy Storage Market, Australia, Market Share (%), 2020

Figure 44: Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2016, 2020, 2025

Figure 45: Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2016, 2020, 2025

Figure 46: Battery Energy Storage Market, Republic of Korea, Technology Market Share (%), 2020

Figure 47: Battery Energy Storage Market, Republic of Korea, Market Share (%), 2020

Figure 48: Battery Energy Storage Market, EMEA, Market Volume (GW), 2016, 2020, 2025

Figure 49: Battery Energy Storage Market, EMEA, Market Value ($bn), 2016, 2020, 2025

Figure 50: Battery Energy Storage Market, EMEA, Technology Market Share (%), 2020

Figure 51: Battery Energy Storage Market, EMEA, Market Share (%), 2020

Figure 52: Battery Energy Storage Market, Germany, Market Volume (MW), 2016, 2020, 2025

Figure 53: Battery Energy Storage Market, Germany, Market Value ($m), 2016, 2020, 2025

Figure 54: Battery Energy Storage Market, Germany, Technology Market Share (%), 2020

Figure 55: Battery Energy Storage Market, Germany, Market Share (%), 2020

Figure 56: Battery Energy Storage Market, Italy, Market Volume (MW), 2016, 2020, 2025

Figure 57: Battery Energy Storage Market, Italy, Market Value ($m), 2016, 2020, 2025

Figure 58: Battery Energy Storage Market, Italy, Technology Market Share (%), 2020

Figure 59: Battery Energy Storage Market, Italy, Market Share (%), 2020

Figure 60: Battery Energy Storage Market, UK, Market Volume (MW), 2016, 2020, 2025

Figure 61: Battery Energy Storage Market, UK, Market Value ($m), 2016, 2020, 2025

Figure 62: Battery Energy Storage Market, UK, Technology Market Share (%), 2020

Figure 63: Battery Energy Storage Market, UK, Market Share (%), 2020

Figure 64: Battery Energy Storage Market, France, Market Volume (MW), 2016, 2020, 2025

Figure 65: Battery Energy Storage Market, France, Market Value ($m), 2016, 2020, 2025

Figure 66: Battery Energy Storage Market, France, Technology Market Share (%), 2020

Figure 67: Battery Energy Storage Market, France, Market Share (%), 2020

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