In this report, the United States Energy Storage Devices market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025.
The development and launch of novel energy storage systems are expected to propel the growth of the U.S energy storage devices market over the forecast period. For instance, in September 2019, Ambri partnered with NEC Energy Solutions (NEC). Under the partnership, NEC will design and develop an energy storage system based on Ambri’s Liquid Metal Battery technology.
Launch of battery energy storage projects is expected to offer lucrative growth opportunities for players in the U.S. energy storage devices market. For instance, in August 2020, TransAlta Corporation announced that the first grid-scale battery energy storage project in the Canadian province of Alberta is on-track to go into operation in August 2020. Moreover, significant benefits of thermal energy storage systems is also expected to aid in growth of the U.S. energy storage devices market. For instance, in April 2018, Ingersoll Rand, a company focused on creating comfortable, sustainable and efficient environments, engaged with Western Cooling Efficiency Center at University of California, Davis, on research that demonstrated thermal energy storage can provide significantly greater benefits to utilities and electricity grid operators than previously thought.
Major players in the U.S. energy storage devices market are focused on adopting partnership strategies to enhance their market share. For instance, in July 2020, CATL partnered with Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH. Under the partnership, Accumulatorenwerke HOPPECKE Carl Zoellner & Sohn GmbH will offer servicing for CATL battery systems. Similarly, in December 2018, ESS Inc. signed a partnership and collaboration agreement with CWL Energy, a Canadian energy project owner and developer, to develop energy storage opportunities across multiple markets in Canada.
Major players in the U.S. energy storage devices market are focused on launching new products to expand their product portfolio. For instance, BYD demonstrated the Modular Outdoor Energy Storage System (ESS) for Utility and Commercial scales and Mini Energy Storage (ES) System for Residential use - at the 26th annual Intersolar Europe exhibition in Munich.
Key Takeaways
- Development and launch of novel energy storage systems is expected to propel growth of the U.S energy storage devices market over the forecast period
- Major players in the U.S. energy storage devices market are focused on launching new products to expand their product portfolio. For instance, in August 2019, Samsung SDI launched a variety of products including high-capacity ESS (Energy Storage System) to strengthen its position in the market.
Major players operating in the U.S. energy storage devices market include, NGK Group, ABB, AEG, Tesla Inc., Samsung SDI, ESS Inc., ZEN Energy Pty Ltd., NEC Energy Solutions, Inc., OutBack Power, Saft, Corvus Energy, The AES Corporation, EOS Energy Storage, CATL, BYD, S&C Electric Company, and Absolute Renewable Energy (UK) Ltd.
Geographically, this report splits the United States market into seven regions:
The West
Southwest
The Middle Atlantic
New England
The South
The Midwest
with sales (volume), revenue (value), market share and growth rate of Energy Storage Devices in these regions, from 2014 to 2025 (forecast).
United States Energy Storage Devices market competition by top manufacturers/players, with Energy Storage Devices sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
NGK Group
ABB
AEG
Imergy
SolarCity
SAMSUNG SDI
ZEN
NEC
OutBack
Saft
The AES Corporation
EOS
S&C Electric Company
Absolute Renewable Energy (UK) Ltd
Princeton
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Solid State Batteries
Flow Batteries
Compressed Air Energy Storage
Thermal Storage
Pumped Hydro-Power
Other
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Energy Storage Devices for each application, including
Home Energy Storage
Grid Electricity
Transport and Automotive
Electronics
Others
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Table of Contents
United States Energy Storage Devices Market Report 2019
1 Energy Storage Devices Overview
1.1 Product Overview and Scope of Energy Storage Devices
1.2 Classification of Energy Storage Devices by Product Category
1.2.1 United States Energy Storage Devices Market Size (Sales Volume) Comparison by Type (2014-2024)
1.2.2 United States Energy Storage Devices Market Size (Sales Volume) Market Share by Type (Product Category) in 2018
1.2.3 Solid State Batteries
1.2.4 Flow Batteries
1.2.5 Compressed Air Energy Storage
1.2.6 Thermal Storage
1.2.7 Pumped Hydro-Power
1.2.8 Other
1.3 United States Energy Storage Devices Market by Application/End Users
1.3.1 United States Energy Storage Devices Market Size (Consumption) and Market Share Comparison by Application (2014-2024)
1.3.2 Home Energy Storage
1.3.3 Grid Electricity
1.3.4 Transport and Automotive
1.3.5 Electronics
1.3.6 Others
1.4 United States Energy Storage Devices Market by Region
1.4.1 United States Energy Storage Devices Market Size (Value) Comparison by Region (2014-2024)
1.4.2 The West Energy Storage Devices Status and Prospect (2014-2024)
1.4.3 Southwest Energy Storage Devices Status and Prospect (2014-2024)
1.4.4 The Middle Atlantic Energy Storage Devices Status and Prospect (2014-2024)
1.4.5 New England Energy Storage Devices Status and Prospect (2014-2024)
1.4.6 The South Energy Storage Devices Status and Prospect (2014-2024)
1.4.7 The Midwest Energy Storage Devices Status and Prospect (2014-2024)
1.5 United States Market Size (Value and Volume) of Energy Storage Devices (2014-2024)
1.5.1 United States Energy Storage Devices Sales and Growth Rate (2014-2024)
1.5.2 United States Energy Storage Devices Revenue and Growth Rate (2014-2024)
2 United States Energy Storage Devices Market Competition by Players/Suppliers
2.1 United States Energy Storage Devices Sales and Market Share of Key Players/Suppliers (2014-2019)
2.2 United States Energy Storage Devices Revenue and Share by Players/Suppliers (2014-2019)
2.3 United States Energy Storage Devices Average Price by Players/Suppliers (2014-2019)
2.4 United States Energy Storage Devices Market Competitive Situation and Trends
2.4.1 United States Energy Storage Devices Market Concentration Rate
2.4.2 United States Energy Storage Devices Market Share of Top 3 and Top 5 Players/Suppliers
2.4.3 Mergers & Acquisitions, Expansion in United States Market
2.5 United States Players/Suppliers Energy Storage Devices Manufacturing Base Distribution, Sales Area, Product Type
3 United States Energy Storage Devices Sales (Volume) and Revenue (Value) by Region (2014-2019)
3.1 United States Energy Storage Devices Sales and Market Share by Region (2014-2019)
3.2 United States Energy Storage Devices Revenue and Market Share by Region (2014-2019)
3.3 United States Energy Storage Devices Price by Region (2014-2019)
4 United States Energy Storage Devices Sales (Volume) and Revenue (Value) by Type (Product Category) (2014-2019)
4.1 United States Energy Storage Devices Sales and Market Share by Type (Product Category) (2014-2019)
4.2 United States Energy Storage Devices Revenue and Market Share by Type (2014-2019)
4.3 United States Energy Storage Devices Price by Type (2014-2019)
4.4 United States Energy Storage Devices Sales Growth Rate by Type (2014-2019)
5 United States Energy Storage Devices Sales (Volume) by Application (2014-2019)
5.1 United States Energy Storage Devices Sales and Market Share by Application (2014-2019)
5.2 United States Energy Storage Devices Sales Growth Rate by Application (2014-2019)
5.3 Market Drivers and Opportunities
6 United States Energy Storage Devices Players/Suppliers Profiles and Sales Data
6.1 NGK Group
6.1.1 Company Basic Information, Manufacturing Base and Competitors
6.1.2 Energy Storage Devices Product Category, Application and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 NGK Group Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.1.4 Main Business/Business Overview
6.2 ABB
6.2.2 Energy Storage Devices Product Category, Application and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 ABB Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.2.4 Main Business/Business Overview
6.3 AEG
6.3.2 Energy Storage Devices Product Category, Application and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 AEG Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.3.4 Main Business/Business Overview
6.4 Imergy
6.4.2 Energy Storage Devices Product Category, Application and Specification
6.4.2.1 Product A
6.4.2.2 Product B
6.4.3 Imergy Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.4.4 Main Business/Business Overview
6.5 SolarCity
6.5.2 Energy Storage Devices Product Category, Application and Specification
6.5.2.1 Product A
6.5.2.2 Product B
6.5.3 SolarCity Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.5.4 Main Business/Business Overview
6.6 SAMSUNG SDI
6.6.2 Energy Storage Devices Product Category, Application and Specification
6.6.2.1 Product A
6.6.2.2 Product B
6.6.3 SAMSUNG SDI Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.6.4 Main Business/Business Overview
6.7 ZEN
6.7.2 Energy Storage Devices Product Category, Application and Specification
6.7.2.1 Product A
6.7.2.2 Product B
6.7.3 ZEN Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.7.4 Main Business/Business Overview
6.8 NEC
6.8.2 Energy Storage Devices Product Category, Application and Specification
6.8.2.1 Product A
6.8.2.2 Product B
6.8.3 NEC Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.8.4 Main Business/Business Overview
6.9 OutBack
6.9.2 Energy Storage Devices Product Category, Application and Specification
6.9.2.1 Product A
6.9.2.2 Product B
6.9.3 OutBack Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.9.4 Main Business/Business Overview
6.10 Saft
6.10.2 Energy Storage Devices Product Category, Application and Specification
6.10.2.1 Product A
6.10.2.2 Product B
6.10.3 Saft Energy Storage Devices Sales, Revenue, Price and Gross Margin (2014-2019)
6.10.4 Main Business/Business Overview
6.11 The AES Corporation
6.12 EOS
6.13 S&C Electric Company
6.14 Absolute Renewable Energy (UK) Ltd
6.15 Princeton
7 Energy Storage Devices Manufacturing Cost Analysis
7.1 Energy Storage Devices Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.1.4 Market Concentration Rate of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Manufacturing Process Analysis of Energy Storage Devices
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
8.1 Energy Storage Devices Industrial Chain Analysis
8.2 Upstream Raw Materials Sourcing
8.3 Raw Materials Sources of Energy Storage Devices Major Manufacturers in 2018
8.4 Downstream Buyers
9 Marketing Strategy Analysis, Distributors/Traders
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Market Positioning
9.2.1 Pricing Strategy
9.2.2 Brand Strategy
9.2.3 Target Client
9.3 Distributors/Traders List
10 Market Effect Factors Analysis
10.1 Technology Progress/Risk
10.1.1 Substitutes Threat
10.1.2 Technology Progress in Related Industry
10.2 Consumer Needs/Customer Preference Change
10.3 Economic/Political Environmental Change
11 United States Energy Storage Devices Market Size (Value and Volume) Forecast (2019-2024)
11.1 United States Energy Storage Devices Sales Volume, Revenue Forecast (2019-2024)
11.2 United States Energy Storage Devices Sales Volume Forecast by Type (2019-2024)
11.3 United States Energy Storage Devices Sales Volume Forecast by Application (2019-2024)
11.4 United States Energy Storage Devices Sales Volume Forecast by Region (2019-2024)
12 Research Findings and Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
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