According to the new market research report “Microgrid Energy Storage- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Microgrid Energy Storage market size is projected to reach USD 0.52 billion by 2030, at a CAGR of 9.7% during the forecast period.
- Global Microgrid Energy Storage MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Microgrid Energy Storage- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Microgrid Energy Storage Top18Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Microgrid Energy Storage- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Microgrid Energy Storage include Samsung SDI, Panasonic, LG Energy Solution Ltd, Hitachi, LSIS, Toshiba, Fluence, Sumitomo Electric, EnSync, Eos Energy Storage, etc. In 2023, the global top 10 players had a share approximately 72% in terms of revenue.
- Microgrid Energy Storage,Global Market Size, Split by Product Segment
Source: QYResearch, "Microgrid Energy Storage- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product type, currently Lithium-ion Battery is the largest segment, hold a share of 88%.
- Microgrid Energy Storage,Global Market Size, Split by ApplicationSegment
Source: QYResearch, "Microgrid Energy Storage- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product application, currently Utility & Residential is the largest segment, hold a share of 67%.
- Microgrid Energy Storage,Global Market Size, Split by Region
Source: QYResearch, "Microgrid Energy Storage- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers:
Industry policy support
I Important application of Off-grid Energy Storage Systems in Utility & Residential, Commercial & Industrial, etc.
Launches in introducing new products
Restraint:
Raw material price fluctuation
Competition from Low-end Off-grid Energy Storage Systems manufacturers is bad for industrial upgrading
Lack of support from upstream/downstream partners as a new entry to the market
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp