Industry: Energy & Power
Published Date: 2024-01-06
Pages: 81 Pages
Report ld: 2594074
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The global market for Sodium Salt Battery was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world's largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU's dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity.
According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 30% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 97%.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Sodium Salt Battery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Sodium Salt Battery by region & country, by Type, and by Application.
The Sodium Salt Battery market size, estimations, and forecasts are provided in terms of sales volume (MWh) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sodium Salt Battery.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Sodium Salt Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Sodium Salt Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Sodium Salt Battery in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Sodium Salt Battery Product Introduction
1.2 Global Sodium Salt Battery Market Size Forecast
1.2.1 Global Sodium Salt Battery Sales Value (2019-2030)
1.2.2 Global Sodium Salt Battery Sales Volume (2019-2030)
1.2.3 Global Sodium Salt Battery Sales Price (2019-2030)
1.3 Sodium Salt Battery Market Trends & Drivers
1.3.1 Sodium Salt Battery Industry Trends
1.3.2 Sodium Salt Battery Market Drivers & Opportunity
1.3.3 Sodium Salt Battery Market Challenges
1.3.4 Sodium Salt Battery Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Sodium Salt Battery Players Revenue Ranking (2023)
2.2 Global Sodium Salt Battery Revenue by Company (2019-2024)
2.3 Global Sodium Salt Battery Players Sales Volume Ranking (2023)
2.4 Global Sodium Salt Battery Sales Volume by Company Players (2019-2024)
2.5 Global Sodium Salt Battery Average Price by Company (2019-2024)
2.6 Key Manufacturers Sodium Salt Battery Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Sodium Salt Battery Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Sodium Salt Battery
2.9 Sodium Salt Battery Market Competitive Analysis
2.9.1 Sodium Salt Battery Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Sodium Salt Battery Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Sodium Salt Battery as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Sodium-Nickel-Chloride Battery
3.1.2 NaS Battery
3.2 Global Sodium Salt Battery Sales Value by Type
3.2.1 Global Sodium Salt Battery Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Sodium Salt Battery Sales Value, by Type (2019-2030)
3.2.3 Global Sodium Salt Battery Sales Value, by Type (%) (2019-2030)
3.3 Global Sodium Salt Battery Sales Volume by Type
3.3.1 Global Sodium Salt Battery Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Sodium Salt Battery Sales Volume, by Type (2019-2030)
3.3.3 Global Sodium Salt Battery Sales Volume, by Type (%) (2019-2030)
3.4 Global Sodium Salt Battery Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Energy Storage System
4.1.2 Transportation
4.1.3 Others
4.2 Global Sodium Salt Battery Sales Value by Application
4.2.1 Global Sodium Salt Battery Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Sodium Salt Battery Sales Value, by Application (2019-2030)
4.2.3 Global Sodium Salt Battery Sales Value, by Application (%) (2019-2030)
4.3 Global Sodium Salt Battery Sales Volume by Application
4.3.1 Global Sodium Salt Battery Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Sodium Salt Battery Sales Volume, by Application (2019-2030)
4.3.3 Global Sodium Salt Battery Sales Volume, by Application (%) (2019-2030)
4.4 Global Sodium Salt Battery Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Sodium Salt Battery Sales Value by Region
5.1.1 Global Sodium Salt Battery Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Sodium Salt Battery Sales Value by Region (2019-2024)
5.1.3 Global Sodium Salt Battery Sales Value by Region (2025-2030)
5.1.4 Global Sodium Salt Battery Sales Value by Region (%), (2019-2030)
5.2 Global Sodium Salt Battery Sales Volume by Region
5.2.1 Global Sodium Salt Battery Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Sodium Salt Battery Sales Volume by Region (2019-2024)
5.2.3 Global Sodium Salt Battery Sales Volume by Region (2025-2030)
5.2.4 Global Sodium Salt Battery Sales Volume by Region (%), (2019-2030)
5.3 Global Sodium Salt Battery Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Sodium Salt Battery Sales Value, 2019-2030
5.4.2 North America Sodium Salt Battery Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Sodium Salt Battery Sales Value, 2019-2030
5.5.2 Europe Sodium Salt Battery Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Sodium Salt Battery Sales Value, 2019-2030
5.6.2 Asia Pacific Sodium Salt Battery Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Sodium Salt Battery Sales Value, 2019-2030
5.7.2 South America Sodium Salt Battery Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Sodium Salt Battery Sales Value, 2019-2030
5.8.2 Middle East & Africa Sodium Salt Battery Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Sodium Salt Battery Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Sodium Salt Battery Sales Value
6.2.1 Key Countries/Regions Sodium Salt Battery Sales Value, 2019-2030
6.2.2 Key Countries/Regions Sodium Salt Battery Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Sodium Salt Battery Sales Value, 2019-2030
6.3.2 United States Sodium Salt Battery Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Sodium Salt Battery Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Sodium Salt Battery Sales Value, 2019-2030
6.4.2 Europe Sodium Salt Battery Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Sodium Salt Battery Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Sodium Salt Battery Sales Value, 2019-2030
6.5.2 China Sodium Salt Battery Sales Value by Type (%), 2023 VS 2030
6.5.3 China Sodium Salt Battery Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Sodium Salt Battery Sales Value, 2019-2030
6.6.2 Japan Sodium Salt Battery Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Sodium Salt Battery Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Sodium Salt Battery Sales Value, 2019-2030
6.7.2 South Korea Sodium Salt Battery Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Sodium Salt Battery Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Sodium Salt Battery Sales Value, 2019-2030
6.8.2 Southeast Asia Sodium Salt Battery Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Sodium Salt Battery Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Sodium Salt Battery Sales Value, 2019-2030
6.9.2 India Sodium Salt Battery Sales Value by Type (%), 2023 VS 2030
6.9.3 India Sodium Salt Battery Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Zhejiang AMPower Co.,Ltd.
7.1.1 Zhejiang AMPower Co.,Ltd. Company Information
7.1.2 Zhejiang AMPower Co.,Ltd. Introduction and Business Overview
7.1.3 Zhejiang AMPower Co.,Ltd. Sodium Salt Battery Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Zhejiang AMPower Co.,Ltd. Sodium Salt Battery Product Offerings
7.1.5 Zhejiang AMPower Co.,Ltd. Recent Development
7.2 CHILWEE GROUP CO.,LTD
7.2.1 CHILWEE GROUP CO.,LTD Company Information
7.2.2 CHILWEE GROUP CO.,LTD Introduction and Business Overview
7.2.3 CHILWEE GROUP CO.,LTD Sodium Salt Battery Sales, Revenue and Gross Margin (2019-2024)
7.2.4 CHILWEE GROUP CO.,LTD Sodium Salt Battery Product Offerings
7.2.5 CHILWEE GROUP CO.,LTD Recent Development
7.3 Chilwee Group
7.3.1 Chilwee Group Company Information
7.3.2 Chilwee Group Introduction and Business Overview
7.3.3 Chilwee Group Sodium Salt Battery Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Chilwee Group Sodium Salt Battery Product Offerings
7.3.5 Chilwee Group Recent Development
7.4 NGK INSULATORS, LTD.
7.4.1 NGK INSULATORS, LTD. Company Information
7.4.2 NGK INSULATORS, LTD. Introduction and Business Overview
7.4.3 NGK INSULATORS, LTD. Sodium Salt Battery Sales, Revenue and Gross Margin (2019-2024)
7.4.4 NGK INSULATORS, LTD. Sodium Salt Battery Product Offerings
7.4.5 NGK INSULATORS, LTD. Recent Development
8 Industry Chain Analysis
8.1 Sodium Salt Battery Industrial Chain
8.2 Sodium Salt Battery Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Sodium Salt Battery Sales Model
8.5.2 Sales Channel
8.5.3 Sodium Salt Battery Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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