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Description
The smart grid storage technology refers to the method used to store electricity on a large scale with integration of smart grid system.
Market Analysis and Insights: Global Smart Grid Storage Technologies Market
The global Smart Grid Storage Technologies market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
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 147%.
Report Covers:
This report presents an overview of global market for Smart Grid Storage Technologies market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Smart Grid Storage Technologies, also provides the revenue of main regions and countries. of the upcoming market potential for Smart Grid Storage Technologies, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Smart Grid Storage Technologies revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Smart Grid Storage Technologies market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Smart Grid Storage Technologies revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Beacon Power, Altairnano, Ice Energy, Xtreme Power, ABB Ltd, Samsung SDI Energy, Sumitomo, GE Energy Storage and PolyPlus Battery Company, etc.
Market Segmentation
Report Metric
Details
Report Title
Global Smart Grid Storage Technologies Market Insights, Forecast to 2030
Market Size Available for Years
2024-2030
Global Smart Grid Storage Technologies Companies Covered
Beacon Power
Altairnano
Ice Energy
Xtreme Power
ABB Ltd
Samsung SDI Energy
Sumitomo
GE Energy Storage
PolyPlus Battery Company
Highview Power Storage
Global Smart Grid Storage Technologies Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Grid Storage Technologies Market, Segment by Type
Lead-Acid Storage Technologies
Sulphur Storage Technologies
Lithium-Ion Storage Technologies
Supercapacitors Storage Technologies
Flow Wheel Storage Technologies
Others
Global Smart Grid Storage Technologies Market, Segment by Application
Power Utilities
Independent Power Producers (IPPs)
Others
Forecast Units
Million USD
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Smart Grid Storage Technologies in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Grid Storage Technologies companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Smart Grid Storage Technologies revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Grid Storage Technologies Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Lead-Acid Storage Technologies
1.2.3 Sulphur Storage Technologies
1.2.4 Lithium-Ion Storage Technologies
1.2.5 Supercapacitors Storage Technologies
1.2.6 Flow Wheel Storage Technologies
1.2.7 Others
1.3 Market by Application
1.3.1 Global Smart Grid Storage Technologies Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Power Utilities
1.3.3 Independent Power Producers (IPPs)
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Grid Storage Technologies Market Perspective (2019-2030)
2.2 Global Smart Grid Storage Technologies Growth Trends by Region
2.2.1 Smart Grid Storage Technologies Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Grid Storage Technologies Historic Market Size by Region (2019-2024)
2.2.3 Smart Grid Storage Technologies Forecasted Market Size by Region (2025-2030)
2.3 Smart Grid Storage Technologies Market Dynamics
2.3.1 Smart Grid Storage Technologies Industry Trends
2.3.2 Smart Grid Storage Technologies Market Drivers
2.3.3 Smart Grid Storage Technologies Market Challenges
2.3.4 Smart Grid Storage Technologies Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Smart Grid Storage Technologies by Players
3.1.1 Global Smart Grid Storage Technologies Revenue by Players (2019-2024)
3.1.2 Global Smart Grid Storage Technologies Revenue Market Share by Players (2019-2024)
3.2 Global Smart Grid Storage Technologies Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Smart Grid Storage Technologies, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Smart Grid Storage Technologies Market Concentration Ratio
3.4.1 Global Smart Grid Storage Technologies Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Grid Storage Technologies Revenue in 2023
3.5 Global Key Players of Smart Grid Storage Technologies Head office and Area Served
3.6 Global Key Players of Smart Grid Storage Technologies, Product and Application
3.7 Global Key Players of Smart Grid Storage Technologies, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Grid Storage Technologies Breakdown Data by Type
4.1 Global Smart Grid Storage Technologies Historic Market Size by Type (2019-2024)
4.2 Global Smart Grid Storage Technologies Forecasted Market Size by Type (2025-2030)
5 Smart Grid Storage Technologies Breakdown Data by Application
5.1 Global Smart Grid Storage Technologies Historic Market Size by Application (2019-2024)
5.2 Global Smart Grid Storage Technologies Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Grid Storage Technologies Market Size (2019-2030)
6.2 North America Smart Grid Storage Technologies Market Size by Type
6.2.1 North America Smart Grid Storage Technologies Market Size by Type (2019-2024)
6.2.2 North America Smart Grid Storage Technologies Market Size by Type (2025-2030)
6.2.3 North America Smart Grid Storage Technologies Market Share by Type (2019-2030)
6.3 North America Smart Grid Storage Technologies Market Size by Application
6.3.1 North America Smart Grid Storage Technologies Market Size by Application (2019-2024)
6.3.2 North America Smart Grid Storage Technologies Market Size by Application (2025-2030)
6.3.3 North America Smart Grid Storage Technologies Market Share by Application (2019-2030)
6.4 North America Smart Grid Storage Technologies Market Size by Country
6.4.1 North America Smart Grid Storage Technologies Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Smart Grid Storage Technologies Market Size by Country (2019-2024)
6.4.3 North America Smart Grid Storage Technologies Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Smart Grid Storage Technologies Market Size (2019-2030)
7.2 Europe Smart Grid Storage Technologies Market Size by Type
7.2.1 Europe Smart Grid Storage Technologies Market Size by Type (2019-2024)
7.2.2 Europe Smart Grid Storage Technologies Market Size by Type (2025-2030)
7.2.3 Europe Smart Grid Storage Technologies Market Share by Type (2019-2030)
7.3 Europe Smart Grid Storage Technologies Market Size by Application
7.3.1 Europe Smart Grid Storage Technologies Market Size by Application (2019-2024)
7.3.2 Europe Smart Grid Storage Technologies Market Size by Application (2025-2030)
7.3.3 Europe Smart Grid Storage Technologies Market Share by Application (2019-2030)
7.4 Europe Smart Grid Storage Technologies Market Size by Country
7.4.1 Europe Smart Grid Storage Technologies Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Smart Grid Storage Technologies Market Size by Country (2019-2024)
7.4.3 Europe Smart Grid Storage Technologies Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Smart Grid Storage Technologies Market Size (2019-2030)
8.2 China Smart Grid Storage Technologies Market Size by Type
8.2.1 China Smart Grid Storage Technologies Market Size by Type (2019-2024)
8.2.2 China Smart Grid Storage Technologies Market Size by Type (2025-2030)
8.2.3 China Smart Grid Storage Technologies Market Share by Type (2019-2030)
8.3 China Smart Grid Storage Technologies Market Size by Application
8.3.1 China Smart Grid Storage Technologies Market Size by Application (2019-2024)
8.3.2 China Smart Grid Storage Technologies Market Size by Application (2025-2030)
8.3.3 China Smart Grid Storage Technologies Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Smart Grid Storage Technologies Market Size (2019-2030)
9.2 Asia Smart Grid Storage Technologies Market Size by Type
9.2.1 Asia Smart Grid Storage Technologies Market Size by Type (2019-2024)
9.2.2 Asia Smart Grid Storage Technologies Market Size by Type (2025-2030)
9.2.3 Asia Smart Grid Storage Technologies Market Share by Type (2019-2030)
9.3 Asia Smart Grid Storage Technologies Market Size by Application
9.3.1 Asia Smart Grid Storage Technologies Market Size by Application (2019-2024)
9.3.2 Asia Smart Grid Storage Technologies Market Size by Application (2025-2030)
9.3.3 Asia Smart Grid Storage Technologies Market Share by Application (2019-2030)
9.4 Asia Smart Grid Storage Technologies Market Size by Region
9.4.1 Asia Smart Grid Storage Technologies Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Smart Grid Storage Technologies Market Size by Region (2019-2024)
9.4.3 Asia Smart Grid Storage Technologies Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Type
10.2.1 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Application
10.3.1 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Country
10.4.1 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Beacon Power
11.1.1 Beacon Power Company Details
11.1.2 Beacon Power Business Overview
11.1.3 Beacon Power Smart Grid Storage Technologies Introduction
11.1.4 Beacon Power Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.1.5 Beacon Power Recent Developments
11.2 Altairnano
11.2.1 Altairnano Company Details
11.2.2 Altairnano Business Overview
11.2.3 Altairnano Smart Grid Storage Technologies Introduction
11.2.4 Altairnano Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.2.5 Altairnano Recent Developments
11.3 Ice Energy
11.3.1 Ice Energy Company Details
11.3.2 Ice Energy Business Overview
11.3.3 Ice Energy Smart Grid Storage Technologies Introduction
11.3.4 Ice Energy Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.3.5 Ice Energy Recent Developments
11.4 Xtreme Power
11.4.1 Xtreme Power Company Details
11.4.2 Xtreme Power Business Overview
11.4.3 Xtreme Power Smart Grid Storage Technologies Introduction
11.4.4 Xtreme Power Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.4.5 Xtreme Power Recent Developments
11.5 ABB Ltd
11.5.1 ABB Ltd Company Details
11.5.2 ABB Ltd Business Overview
11.5.3 ABB Ltd Smart Grid Storage Technologies Introduction
11.5.4 ABB Ltd Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.5.5 ABB Ltd Recent Developments
11.6 Samsung SDI Energy
11.6.1 Samsung SDI Energy Company Details
11.6.2 Samsung SDI Energy Business Overview
11.6.3 Samsung SDI Energy Smart Grid Storage Technologies Introduction
11.6.4 Samsung SDI Energy Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.6.5 Samsung SDI Energy Recent Developments
11.7 Sumitomo
11.7.1 Sumitomo Company Details
11.7.2 Sumitomo Business Overview
11.7.3 Sumitomo Smart Grid Storage Technologies Introduction
11.7.4 Sumitomo Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.7.5 Sumitomo Recent Developments
11.8 GE Energy Storage
11.8.1 GE Energy Storage Company Details
11.8.2 GE Energy Storage Business Overview
11.8.3 GE Energy Storage Smart Grid Storage Technologies Introduction
11.8.4 GE Energy Storage Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.8.5 GE Energy Storage Recent Developments
11.9 PolyPlus Battery Company
11.9.1 PolyPlus Battery Company Company Details
11.9.2 PolyPlus Battery Company Business Overview
11.9.3 PolyPlus Battery Company Smart Grid Storage Technologies Introduction
11.9.4 PolyPlus Battery Company Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.9.5 PolyPlus Battery Company Recent Developments
11.10 Highview Power Storage
11.10.1 Highview Power Storage Company Details
11.10.2 Highview Power Storage Business Overview
11.10.3 Highview Power Storage Smart Grid Storage Technologies Introduction
11.10.4 Highview Power Storage Revenue in Smart Grid Storage Technologies Business (2019-2024)
11.10.5 Highview Power Storage Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Table of Figures
List of Tables
Table 1. Global Smart Grid Storage Technologies Market Size Growth Rate by Type (US$ Million), 2019 VS 2023 VS 2030
Table 2. Key Players of Lead-Acid Storage Technologies
Table 3. Key Players of Sulphur Storage Technologies
Table 4. Key Players of Lithium-Ion Storage Technologies
Table 5. Key Players of Supercapacitors Storage Technologies
Table 6. Key Players of Flow Wheel Storage Technologies
Table 7. Key Players of Others
Table 8. Global Smart Grid Storage Technologies Market Size Growth Rate by Application (US$ Million), 2019 VS 2023 VS 2030
Table 9. Global Smart Grid Storage Technologies Market Size Growth Rate (CAGR) by Region (US$ Million): 2019 VS 2023 VS 2030
Table 10. Global Smart Grid Storage Technologies Market Size by Region (2019-2024) & (US$ Million)
Table 11. Global Smart Grid Storage Technologies Market Share by Region (2019-2024)
Table 12. Global Smart Grid Storage Technologies Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 13. Global Smart Grid Storage Technologies Market Share by Region (2025-2030)
Table 14. Smart Grid Storage Technologies Market Trends
Table 15. Smart Grid Storage Technologies Market Drivers
Table 16. Smart Grid Storage Technologies Market Challenges
Table 17. Smart Grid Storage Technologies Market Restraints
Table 18. Global Smart Grid Storage Technologies Revenue by Players (2019-2024) & (US$ Million)
Table 19. Global Smart Grid Storage Technologies Revenue Share by Players (2019-2024)
Table 20. Global Top Smart Grid Storage Technologies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Grid Storage Technologies as of 2023)
Table 21. Global Smart Grid Storage Technologies Industry Ranking 2022 VS 2023 VS 2024
Table 22. Global 5 Largest Players Market Share by Smart Grid Storage Technologies Revenue (CR5 and HHI) & (2019-2024)
Table 23. Global Key Players of Smart Grid Storage Technologies, Headquarters and Area Served
Table 24. Global Key Players of Smart Grid Storage Technologies, Product and Application
Table 25. Global Key Players of Smart Grid Storage Technologies, Product and Application
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. Global Smart Grid Storage Technologies Market Size by Type (2019-2024) & (US$ Million)
Table 28. Global Smart Grid Storage Technologies Revenue Market Share by Type (2019-2024)
Table 29. Global Smart Grid Storage Technologies Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 30. Global Smart Grid Storage Technologies Revenue Market Share by Type (2025-2030)
Table 31. Global Smart Grid Storage Technologies Market Size by Application (2019-2024) & (US$ Million)
Table 32. Global Smart Grid Storage Technologies Revenue Share by Application (2019-2024)
Table 33. Global Smart Grid Storage Technologies Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 34. Global Smart Grid Storage Technologies Revenue Share by Application (2025-2030)
Table 35. North America Smart Grid Storage Technologies Market Size by Type (2019-2024) & (US$ Million)
Table 36. North America Smart Grid Storage Technologies Market Size by Type (2025-2030) & (US$ Million)
Table 37. North America Smart Grid Storage Technologies Market Size by Application (2019-2024) & (US$ Million)
Table 38. North America Smart Grid Storage Technologies Market Size by Application (2025-2030) & (US$ Million)
Table 39. North America Smart Grid Storage Technologies Growth Rate (CAGR) by Country (US$ Million): 2019 VS 2023 VS 2030
Table 40. North America Smart Grid Storage Technologies Market Size by Country (2019-2024) & (US$ Million)
Table 41. North America Smart Grid Storage Technologies Market Size by Country (2025-2030) & (US$ Million)
Table 42. Europe Smart Grid Storage Technologies Market Size by Type (2019-2024) & (US$ Million)
Table 43. Europe Smart Grid Storage Technologies Market Size by Type (2025-2030) & (US$ Million)
Table 44. Europe Smart Grid Storage Technologies Market Size by Application (2019-2024) & (US$ Million)
Table 45. Europe Smart Grid Storage Technologies Market Size by Application (2025-2030) & (US$ Million)
Table 46. Europe Smart Grid Storage Technologies Growth Rate (CAGR) by Country (US$ Million): 2019 VS 2023 VS 2030
Table 47. Europe Smart Grid Storage Technologies Market Size by Country (2019-2024) & (US$ Million)
Table 48. Europe Smart Grid Storage Technologies Market Size by Country (2025-2030) & (US$ Million)
Table 49. China Smart Grid Storage Technologies Market Size by Type (2019-2024) & (US$ Million)
Table 50. China Smart Grid Storage Technologies Market Size by Type (2025-2030) & (US$ Million)
Table 51. China Smart Grid Storage Technologies Market Size by Application (2019-2024) & (US$ Million)
Table 52. China Smart Grid Storage Technologies Market Size by Application (2025-2030) & (US$ Million)
Table 53. Asia Smart Grid Storage Technologies Market Size by Type (2019-2024) & (US$ Million)
Table 54. Asia Smart Grid Storage Technologies Market Size by Type (2025-2030) & (US$ Million)
Table 55. Asia Smart Grid Storage Technologies Market Size by Application (2019-2024) & (US$ Million)
Table 56. Asia Smart Grid Storage Technologies Market Size by Application (2025-2030) & (US$ Million)
Table 57. Asia Smart Grid Storage Technologies Growth Rate (CAGR) by Region (US$ Million): 2019 VS 2023 VS 2030
Table 58. Asia Smart Grid Storage Technologies Market Size by Region (2019-2024) & (US$ Million)
Table 59. Asia Smart Grid Storage Technologies Market Size by Region (2025-2030) & (US$ Million)
Table 60. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Type (2019-2024) & (US$ Million)
Table 61. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Type (2025-2030) & (US$ Million)
Table 62. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Application (2019-2024) & (US$ Million)
Table 63. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Application (2025-2030) & (US$ Million)
Table 64. Middle East, Africa, and Latin America Smart Grid Storage Technologies Growth Rate (CAGR) by Country (US$ Million): 2019 VS 2023 VS 2030
Table 65. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Country (2019-2024) & (US$ Million)
Table 66. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size by Country (2025-2030) & (US$ Million)
Table 67. Beacon Power Company Details
Table 68. Beacon Power Business Overview
Table 69. Beacon Power Smart Grid Storage Technologies Product
Table 70. Beacon Power Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 71. Beacon Power Recent Developments
Table 72. Altairnano Company Details
Table 73. Altairnano Business Overview
Table 74. Altairnano Smart Grid Storage Technologies Product
Table 75. Altairnano Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 76. Altairnano Recent Developments
Table 77. Ice Energy Company Details
Table 78. Ice Energy Business Overview
Table 79. Ice Energy Smart Grid Storage Technologies Product
Table 80. Ice Energy Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 81. Ice Energy Recent Developments
Table 82. Xtreme Power Company Details
Table 83. Xtreme Power Business Overview
Table 84. Xtreme Power Smart Grid Storage Technologies Product
Table 85. Xtreme Power Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 86. Xtreme Power Recent Developments
Table 87. ABB Ltd Company Details
Table 88. ABB Ltd Business Overview
Table 89. ABB Ltd Smart Grid Storage Technologies Product
Table 90. ABB Ltd Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 91. ABB Ltd Recent Developments
Table 92. Samsung SDI Energy Company Details
Table 93. Samsung SDI Energy Business Overview
Table 94. Samsung SDI Energy Smart Grid Storage Technologies Product
Table 95. Samsung SDI Energy Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 96. Samsung SDI Energy Recent Developments
Table 97. Sumitomo Company Details
Table 98. Sumitomo Business Overview
Table 99. Sumitomo Smart Grid Storage Technologies Product
Table 100. Sumitomo Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 101. Sumitomo Recent Developments
Table 102. GE Energy Storage Company Details
Table 103. GE Energy Storage Business Overview
Table 104. GE Energy Storage Smart Grid Storage Technologies Product
Table 105. GE Energy Storage Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 106. GE Energy Storage Recent Developments
Table 107. PolyPlus Battery Company Company Details
Table 108. PolyPlus Battery Company Business Overview
Table 109. PolyPlus Battery Company Smart Grid Storage Technologies Product
Table 110. PolyPlus Battery Company Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 111. PolyPlus Battery Company Recent Developments
Table 112. Highview Power Storage Company Details
Table 113. Highview Power Storage Business Overview
Table 114. Highview Power Storage Smart Grid Storage Technologies Product
Table 115. Highview Power Storage Revenue in Smart Grid Storage Technologies Business (2019-2024) & (US$ Million)
Table 116. Highview Power Storage Recent Developments
Table 117. Research Programs/Design for This Report
Table 118. Key Data Information from Secondary Sources
Table 119. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Smart Grid Storage Technologies Market Size Growth Rate by Type, 2019 VS 2023 VS 2030 (US$ Million)
Figure 2. Global Smart Grid Storage Technologies Market Share by Type: 2023 VS 2030
Figure 3. Lead-Acid Storage Technologies Features
Figure 4. Sulphur Storage Technologies Features
Figure 5. Lithium-Ion Storage Technologies Features
Figure 6. Supercapacitors Storage Technologies Features
Figure 7. Flow Wheel Storage Technologies Features
Figure 8. Others Features
Figure 9. Global Smart Grid Storage Technologies Market Size Growth Rate by Application, 2019 VS 2023 VS 2030 (US$ Million)
Figure 10. Global Smart Grid Storage Technologies Market Share by Application: 2023 VS 2030
Figure 11. Power Utilities Case Studies
Figure 12. Independent Power Producers (IPPs) Case Studies
Figure 13. Others Case Studies
Figure 14. Smart Grid Storage Technologies Report Years Considered
Figure 15. Global Smart Grid Storage Technologies Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 16. Global Smart Grid Storage Technologies Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 17. Global Smart Grid Storage Technologies Market Share by Region: 2023 VS 2030
Figure 18. Global Smart Grid Storage Technologies Market Share by Players in 2023
Figure 19. Global Top Smart Grid Storage Technologies Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Smart Grid Storage Technologies as of 2023)
Figure 20. The Top 10 and 5 Players Market Share by Smart Grid Storage Technologies Revenue in 2023
Figure 21. North America Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 22. North America Smart Grid Storage Technologies Market Share by Type (2019-2030)
Figure 23. North America Smart Grid Storage Technologies Market Share by Application (2019-2030)
Figure 24. North America Smart Grid Storage Technologies Market Share by Country (2019-2030)
Figure 25. United States Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. Canada Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 27. Europe Smart Grid Storage Technologies Market Size YoY (2019-2030) & (US$ Million)
Figure 28. Europe Smart Grid Storage Technologies Market Share by Type (2019-2030)
Figure 29. Europe Smart Grid Storage Technologies Market Share by Application (2019-2030)
Figure 30. Europe Smart Grid Storage Technologies Market Share by Country (2019-2030)
Figure 31. Germany Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 32. France Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. U.K. Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. Italy Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 35. Russia Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 36. Nordic Countries Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. China Smart Grid Storage Technologies Market Size YoY (2019-2030) & (US$ Million)
Figure 38. China Smart Grid Storage Technologies Market Share by Type (2019-2030)
Figure 39. China Smart Grid Storage Technologies Market Share by Application (2019-2030)
Figure 40. Asia Smart Grid Storage Technologies Market Size YoY (2019-2030) & (US$ Million)
Figure 41. Asia Smart Grid Storage Technologies Market Share by Type (2019-2030)
Figure 42. Asia Smart Grid Storage Technologies Market Share by Application (2019-2030)
Figure 43. Asia Smart Grid Storage Technologies Market Share by Region (2019-2030)
Figure 44. Japan Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 45. South Korea Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 46. China Taiwan Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 47. Southeast Asia Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 48. India Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 49. Australia Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 50. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Size YoY (2019-2030) & (US$ Million)
Figure 51. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Share by Type (2019-2030)
Figure 52. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Share by Application (2019-2030)
Figure 53. Middle East, Africa, and Latin America Smart Grid Storage Technologies Market Share by Country (2019-2030)
Figure 54. Brazil Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 55. Mexico Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 56. Turkey Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 57. Saudi Arabia Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 58. Israel Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 59. GCC Countries Smart Grid Storage Technologies Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 60. Beacon Power Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 61. Altairnano Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 62. Ice Energy Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 63. Xtreme Power Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 64. ABB Ltd Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 65. Samsung SDI Energy Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 66. Sumitomo Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 67. GE Energy Storage Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 68. PolyPlus Battery Company Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 69. Highview Power Storage Revenue Growth Rate in Smart Grid Storage Technologies Business (2019-2024)
Figure 70. Bottom-up and Top-down Approaches for This Report
Figure 71. Data Triangulation
Figure 72. Key Executives InterviewedDescription
The smart grid storage technology refers to the method used to store electricity on a large scale with integration of smart grid system.
Market Analysis and Insights: Global Smart Grid Storage Technologies Market
The global Smart Grid Storage Technologies market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
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 147%.
Report Covers:
This report presents an overview of global market for Smart Grid Storage Technologies market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Smart Grid Storage Technologies, also provides the revenue of main regions and countries. of the upcoming market potential for Smart Grid Storage Technologies, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Smart Grid Storage Technologies revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Smart Grid Storage Technologies market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Smart Grid Storage Technologies revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Beacon Power, Altairnano, Ice Energy, Xtreme Power, ABB Ltd, Samsung SDI Energy, Sumitomo, GE Energy Storage and PolyPlus Battery Company, etc.
Market Segmentation
Chapter Outline
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Smart Grid Storage Technologies in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Grid Storage Technologies companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Smart Grid Storage Technologies revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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