Global Microgrid Energy Storage Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Microgrid Energy Storage Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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Published Date: 02 Apr 2024

Category: Energy & Power

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

Microgrid is a low-voltage network composed of distributed energy sources, energy storage devices and controllable loads. Its capacity ranges from hundreds of kilowatts to several megawatts. It can operate in parallel with the distribution network and can be disconnected when the upper-level power grid fails. The network operates independently and can be reconnected to the grid after fault recovery. A microgrid is a discrete energy system that provides electric power for a specific region or facility by integrating with distributed energy resources (e.g., solar and wind power) and ESS. Microgrid energy storage refers to the energy storage system (ESS) applied to microgrids. ESS can store electrical energy to provide power demand systems when needed. Its main function is to improve the reliability of the microgrid system, balance power supply and demand, control system power quality, extend equipment life, and reduce construction and operating costs.

According to our (Global Info Research) latest study, the global Microgrid Energy Storage market size was valued at US$ 279 million in 2023 and is forecast to a readjusted size of USD 526 million by 2030 with a CAGR of 9.5% during review period.

Global key players of Microgrid Energy Storage include Samsung SDI, Panasonic, LG Energy Solution Ltd, Hitachi, Toshiba, etc. The top five players hold a share over 50%. North America is the largest market, and has a share about 40%, followed by China with share 20%. In terms of product type, Lithium-ion Battery is the largest segment, occupied for a share of 88%. In terms of application, Utility & Residential has a share about 67 percent.

This report is a detailed and comprehensive analysis for global Microgrid Energy Storage market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:
Global Microgrid Energy Storage market size and forecasts, in consumption value ($ Million), 2019-2030
Global Microgrid Energy Storage market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Microgrid Energy Storage market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Microgrid Energy Storage market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Microgrid Energy Storage
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Microgrid Energy Storage market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung SDI, Panasonic, LG Energy Solution Ltd, Hitachi, Toshiba, LSIS, Fluence, NGK Group, S&C Electric, Saft, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation
Microgrid Energy Storage market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation
Microgrid Energy Storage market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Lithium-ion Battery
Lead-acid Battery
Others

Market segment by Application
Utility & Residential
Commercial & Industrial
Others

Market segment by players, this report covers
Samsung SDI
Panasonic
LG Energy Solution Ltd
Hitachi
Toshiba
LSIS
Fluence
NGK Group
S&C Electric
Saft
Sumitomo Electric
EnSync
Eos Energy Storage
Aggreko
BYD
CALB
Rongke Power
Narada

Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Microgrid Energy Storage product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Microgrid Energy Storage, with revenue, gross margin, and global market share of Microgrid Energy Storage from 2019 to 2024.
Chapter 3, the Microgrid Energy Storage competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Microgrid Energy Storage market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Microgrid Energy Storage.
Chapter 13, to describe Microgrid Energy Storage research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Microgrid Energy Storage by Type
1.3.1 Overview: Global Microgrid Energy Storage Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Microgrid Energy Storage Consumption Value Market Share by Type in 2023
1.3.3 Lithium-ion Battery
1.3.4 Lead-acid Battery
1.3.5 Others
1.4 Global Microgrid Energy Storage Market by Application
1.4.1 Overview: Global Microgrid Energy Storage Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Utility & Residential
1.4.3 Commercial & Industrial
1.4.4 Others
1.5 Global Microgrid Energy Storage Market Size & Forecast
1.6 Global Microgrid Energy Storage Market Size and Forecast by Region
1.6.1 Global Microgrid Energy Storage Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Microgrid Energy Storage Market Size by Region, (2019-2030)
1.6.3 North America Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.4 Europe Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.6 South America Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.7 Middle East & Africa Microgrid Energy Storage Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Samsung SDI
2.1.1 Samsung SDI Details
2.1.2 Samsung SDI Major Business
2.1.3 Samsung SDI Microgrid Energy Storage Product and Solutions
2.1.4 Samsung SDI Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Samsung SDI Recent Developments and Future Plans
2.2 Panasonic
2.2.1 Panasonic Details
2.2.2 Panasonic Major Business
2.2.3 Panasonic Microgrid Energy Storage Product and Solutions
2.2.4 Panasonic Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Panasonic Recent Developments and Future Plans
2.3 LG Energy Solution Ltd
2.3.1 LG Energy Solution Ltd Details
2.3.2 LG Energy Solution Ltd Major Business
2.3.3 LG Energy Solution Ltd Microgrid Energy Storage Product and Solutions
2.3.4 LG Energy Solution Ltd Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 LG Energy Solution Ltd Recent Developments and Future Plans
2.4 Hitachi
2.4.1 Hitachi Details
2.4.2 Hitachi Major Business
2.4.3 Hitachi Microgrid Energy Storage Product and Solutions
2.4.4 Hitachi Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Hitachi Recent Developments and Future Plans
2.5 Toshiba
2.5.1 Toshiba Details
2.5.2 Toshiba Major Business
2.5.3 Toshiba Microgrid Energy Storage Product and Solutions
2.5.4 Toshiba Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Toshiba Recent Developments and Future Plans
2.6 LSIS
2.6.1 LSIS Details
2.6.2 LSIS Major Business
2.6.3 LSIS Microgrid Energy Storage Product and Solutions
2.6.4 LSIS Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 LSIS Recent Developments and Future Plans
2.7 Fluence
2.7.1 Fluence Details
2.7.2 Fluence Major Business
2.7.3 Fluence Microgrid Energy Storage Product and Solutions
2.7.4 Fluence Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Fluence Recent Developments and Future Plans
2.8 NGK Group
2.8.1 NGK Group Details
2.8.2 NGK Group Major Business
2.8.3 NGK Group Microgrid Energy Storage Product and Solutions
2.8.4 NGK Group Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 NGK Group Recent Developments and Future Plans
2.9 S&C Electric
2.9.1 S&C Electric Details
2.9.2 S&C Electric Major Business
2.9.3 S&C Electric Microgrid Energy Storage Product and Solutions
2.9.4 S&C Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 S&C Electric Recent Developments and Future Plans
2.10 Saft
2.10.1 Saft Details
2.10.2 Saft Major Business
2.10.3 Saft Microgrid Energy Storage Product and Solutions
2.10.4 Saft Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Saft Recent Developments and Future Plans
2.11 Sumitomo Electric
2.11.1 Sumitomo Electric Details
2.11.2 Sumitomo Electric Major Business
2.11.3 Sumitomo Electric Microgrid Energy Storage Product and Solutions
2.11.4 Sumitomo Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Sumitomo Electric Recent Developments and Future Plans
2.12 EnSync
2.12.1 EnSync Details
2.12.2 EnSync Major Business
2.12.3 EnSync Microgrid Energy Storage Product and Solutions
2.12.4 EnSync Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 EnSync Recent Developments and Future Plans
2.13 Eos Energy Storage
2.13.1 Eos Energy Storage Details
2.13.2 Eos Energy Storage Major Business
2.13.3 Eos Energy Storage Microgrid Energy Storage Product and Solutions
2.13.4 Eos Energy Storage Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Eos Energy Storage Recent Developments and Future Plans
2.14 Aggreko
2.14.1 Aggreko Details
2.14.2 Aggreko Major Business
2.14.3 Aggreko Microgrid Energy Storage Product and Solutions
2.14.4 Aggreko Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Aggreko Recent Developments and Future Plans
2.15 BYD
2.15.1 BYD Details
2.15.2 BYD Major Business
2.15.3 BYD Microgrid Energy Storage Product and Solutions
2.15.4 BYD Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 BYD Recent Developments and Future Plans
2.16 CALB
2.16.1 CALB Details
2.16.2 CALB Major Business
2.16.3 CALB Microgrid Energy Storage Product and Solutions
2.16.4 CALB Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 CALB Recent Developments and Future Plans
2.17 Rongke Power
2.17.1 Rongke Power Details
2.17.2 Rongke Power Major Business
2.17.3 Rongke Power Microgrid Energy Storage Product and Solutions
2.17.4 Rongke Power Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.17.5 Rongke Power Recent Developments and Future Plans
2.18 Narada
2.18.1 Narada Details
2.18.2 Narada Major Business
2.18.3 Narada Microgrid Energy Storage Product and Solutions
2.18.4 Narada Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.18.5 Narada Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Microgrid Energy Storage Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Microgrid Energy Storage by Company Revenue
3.2.2 Top 3 Microgrid Energy Storage Players Market Share in 2023
3.2.3 Top 6 Microgrid Energy Storage Players Market Share in 2023
3.3 Microgrid Energy Storage Market: Overall Company Footprint Analysis
3.3.1 Microgrid Energy Storage Market: Region Footprint
3.3.2 Microgrid Energy Storage Market: Company Product Type Footprint
3.3.3 Microgrid Energy Storage Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Microgrid Energy Storage Consumption Value and Market Share by Type (2019-2024)
4.2 Global Microgrid Energy Storage Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Microgrid Energy Storage Consumption Value Market Share by Application (2019-2024)
5.2 Global Microgrid Energy Storage Market Forecast by Application (2025-2030)

6 North America
6.1 North America Microgrid Energy Storage Consumption Value by Type (2019-2030)
6.2 North America Microgrid Energy Storage Market Size by Application (2019-2030)
6.3 North America Microgrid Energy Storage Market Size by Country
6.3.1 North America Microgrid Energy Storage Consumption Value by Country (2019-2030)
6.3.2 United States Microgrid Energy Storage Market Size and Forecast (2019-2030)
6.3.3 Canada Microgrid Energy Storage Market Size and Forecast (2019-2030)
6.3.4 Mexico Microgrid Energy Storage Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Microgrid Energy Storage Consumption Value by Type (2019-2030)
7.2 Europe Microgrid Energy Storage Consumption Value by Application (2019-2030)
7.3 Europe Microgrid Energy Storage Market Size by Country
7.3.1 Europe Microgrid Energy Storage Consumption Value by Country (2019-2030)
7.3.2 Germany Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.3 France Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.5 Russia Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.6 Italy Microgrid Energy Storage Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Microgrid Energy Storage Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Microgrid Energy Storage Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Microgrid Energy Storage Market Size by Region
8.3.1 Asia-Pacific Microgrid Energy Storage Consumption Value by Region (2019-2030)
8.3.2 China Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.3 Japan Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.4 South Korea Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.5 India Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.7 Australia Microgrid Energy Storage Market Size and Forecast (2019-2030)

9 South America
9.1 South America Microgrid Energy Storage Consumption Value by Type (2019-2030)
9.2 South America Microgrid Energy Storage Consumption Value by Application (2019-2030)
9.3 South America Microgrid Energy Storage Market Size by Country
9.3.1 South America Microgrid Energy Storage Consumption Value by Country (2019-2030)
9.3.2 Brazil Microgrid Energy Storage Market Size and Forecast (2019-2030)
9.3.3 Argentina Microgrid Energy Storage Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Microgrid Energy Storage Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Microgrid Energy Storage Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Microgrid Energy Storage Market Size by Country
10.3.1 Middle East & Africa Microgrid Energy Storage Consumption Value by Country (2019-2030)
10.3.2 Turkey Microgrid Energy Storage Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Microgrid Energy Storage Market Size and Forecast (2019-2030)
10.3.4 UAE Microgrid Energy Storage Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Microgrid Energy Storage Market Drivers
11.2 Microgrid Energy Storage Market Restraints
11.3 Microgrid Energy Storage Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Microgrid Energy Storage Industry Chain
12.2 Microgrid Energy Storage Upstream Analysis
12.3 Microgrid Energy Storage Midstream Analysis
12.4 Microgrid Energy Storage Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Microgrid Energy Storage Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Microgrid Energy Storage Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Microgrid Energy Storage Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Microgrid Energy Storage Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Samsung SDI Company Information, Head Office, and Major Competitors
Table 6. Samsung SDI Major Business
Table 7. Samsung SDI Microgrid Energy Storage Product and Solutions
Table 8. Samsung SDI Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Samsung SDI Recent Developments and Future Plans
Table 10. Panasonic Company Information, Head Office, and Major Competitors
Table 11. Panasonic Major Business
Table 12. Panasonic Microgrid Energy Storage Product and Solutions
Table 13. Panasonic Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. Panasonic Recent Developments and Future Plans
Table 15. LG Energy Solution Ltd Company Information, Head Office, and Major Competitors
Table 16. LG Energy Solution Ltd Major Business
Table 17. LG Energy Solution Ltd Microgrid Energy Storage Product and Solutions
Table 18. LG Energy Solution Ltd Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Hitachi Company Information, Head Office, and Major Competitors
Table 20. Hitachi Major Business
Table 21. Hitachi Microgrid Energy Storage Product and Solutions
Table 22. Hitachi Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 23. Hitachi Recent Developments and Future Plans
Table 24. Toshiba Company Information, Head Office, and Major Competitors
Table 25. Toshiba Major Business
Table 26. Toshiba Microgrid Energy Storage Product and Solutions
Table 27. Toshiba Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 28. Toshiba Recent Developments and Future Plans
Table 29. LSIS Company Information, Head Office, and Major Competitors
Table 30. LSIS Major Business
Table 31. LSIS Microgrid Energy Storage Product and Solutions
Table 32. LSIS Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 33. LSIS Recent Developments and Future Plans
Table 34. Fluence Company Information, Head Office, and Major Competitors
Table 35. Fluence Major Business
Table 36. Fluence Microgrid Energy Storage Product and Solutions
Table 37. Fluence Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 38. Fluence Recent Developments and Future Plans
Table 39. NGK Group Company Information, Head Office, and Major Competitors
Table 40. NGK Group Major Business
Table 41. NGK Group Microgrid Energy Storage Product and Solutions
Table 42. NGK Group Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 43. NGK Group Recent Developments and Future Plans
Table 44. S&C Electric Company Information, Head Office, and Major Competitors
Table 45. S&C Electric Major Business
Table 46. S&C Electric Microgrid Energy Storage Product and Solutions
Table 47. S&C Electric Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 48. S&C Electric Recent Developments and Future Plans
Table 49. Saft Company Information, Head Office, and Major Competitors
Table 50. Saft Major Business
Table 51. Saft Microgrid Energy Storage Product and Solutions
Table 52. Saft Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 53. Saft Recent Developments and Future Plans
Table 54. Sumitomo Electric Company Information, Head Office, and Major Competitors
Table 55. Sumitomo Electric Major Business
Table 56. Sumitomo Electric Microgrid Energy Storage Product and Solutions
Table 57. Sumitomo Electric Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 58. Sumitomo Electric Recent Developments and Future Plans
Table 59. EnSync Company Information, Head Office, and Major Competitors
Table 60. EnSync Major Business
Table 61. EnSync Microgrid Energy Storage Product and Solutions
Table 62. EnSync Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 63. EnSync Recent Developments and Future Plans
Table 64. Eos Energy Storage Company Information, Head Office, and Major Competitors
Table 65. Eos Energy Storage Major Business
Table 66. Eos Energy Storage Microgrid Energy Storage Product and Solutions
Table 67. Eos Energy Storage Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 68. Eos Energy Storage Recent Developments and Future Plans
Table 69. Aggreko Company Information, Head Office, and Major Competitors
Table 70. Aggreko Major Business
Table 71. Aggreko Microgrid Energy Storage Product and Solutions
Table 72. Aggreko Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 73. Aggreko Recent Developments and Future Plans
Table 74. BYD Company Information, Head Office, and Major Competitors
Table 75. BYD Major Business
Table 76. BYD Microgrid Energy Storage Product and Solutions
Table 77. BYD Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 78. BYD Recent Developments and Future Plans
Table 79. CALB Company Information, Head Office, and Major Competitors
Table 80. CALB Major Business
Table 81. CALB Microgrid Energy Storage Product and Solutions
Table 82. CALB Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. CALB Recent Developments and Future Plans
Table 84. Rongke Power Company Information, Head Office, and Major Competitors
Table 85. Rongke Power Major Business
Table 86. Rongke Power Microgrid Energy Storage Product and Solutions
Table 87. Rongke Power Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 88. Rongke Power Recent Developments and Future Plans
Table 89. Narada Company Information, Head Office, and Major Competitors
Table 90. Narada Major Business
Table 91. Narada Microgrid Energy Storage Product and Solutions
Table 92. Narada Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 93. Narada Recent Developments and Future Plans
Table 94. Global Microgrid Energy Storage Revenue (USD Million) by Players (2019-2024)
Table 95. Global Microgrid Energy Storage Revenue Share by Players (2019-2024)
Table 96. Breakdown of Microgrid Energy Storage by Company Type (Tier 1, Tier 2, and Tier 3)
Table 97. Market Position of Players in Microgrid Energy Storage, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 98. Head Office of Key Microgrid Energy Storage Players
Table 99. Microgrid Energy Storage Market: Company Product Type Footprint
Table 100. Microgrid Energy Storage Market: Company Product Application Footprint
Table 101. Microgrid Energy Storage New Market Entrants and Barriers to Market Entry
Table 102. Microgrid Energy Storage Mergers, Acquisition, Agreements, and Collaborations
Table 103. Global Microgrid Energy Storage Consumption Value (USD Million) by Type (2019-2024)
Table 104. Global Microgrid Energy Storage Consumption Value Share by Type (2019-2024)
Table 105. Global Microgrid Energy Storage Consumption Value Forecast by Type (2025-2030)
Table 106. Global Microgrid Energy Storage Consumption Value by Application (2019-2024)
Table 107. Global Microgrid Energy Storage Consumption Value Forecast by Application (2025-2030)
Table 108. North America Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 109. North America Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 110. North America Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 111. North America Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 112. North America Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 113. North America Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 114. Europe Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 115. Europe Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 116. Europe Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 117. Europe Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 118. Europe Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 119. Europe Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 120. Asia-Pacific Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 121. Asia-Pacific Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 122. Asia-Pacific Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 123. Asia-Pacific Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 124. Asia-Pacific Microgrid Energy Storage Consumption Value by Region (2019-2024) & (USD Million)
Table 125. Asia-Pacific Microgrid Energy Storage Consumption Value by Region (2025-2030) & (USD Million)
Table 126. South America Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 127. South America Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 128. South America Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 129. South America Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 130. South America Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 131. South America Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 132. Middle East & Africa Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 133. Middle East & Africa Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 134. Middle East & Africa Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 135. Middle East & Africa Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 136. Middle East & Africa Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 137. Middle East & Africa Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 138. Global Key Players of Microgrid Energy Storage Upstream (Raw Materials)
Table 139. Global Microgrid Energy Storage Typical Customers


List of Figures
Figure 1. Microgrid Energy Storage Picture
Figure 2. Global Microgrid Energy Storage Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Microgrid Energy Storage Consumption Value Market Share by Type in 2023
Figure 4. Lithium-ion Battery
Figure 5. Lead-acid Battery
Figure 6. Others
Figure 7. Global Microgrid Energy Storage Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 8. Microgrid Energy Storage Consumption Value Market Share by Application in 2023
Figure 9. Utility & Residential Picture
Figure 10. Commercial & Industrial Picture
Figure 11. Others Picture
Figure 12. Global Microgrid Energy Storage Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 13. Global Microgrid Energy Storage Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 14. Global Market Microgrid Energy Storage Consumption Value (USD Million) Comparison by Region (2019 VS 2023 VS 2030)
Figure 15. Global Microgrid Energy Storage Consumption Value Market Share by Region (2019-2030)
Figure 16. Global Microgrid Energy Storage Consumption Value Market Share by Region in 2023
Figure 17. North America Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 18. Europe Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 19. Asia-Pacific Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 20. South America Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 21. Middle East & Africa Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 22. Company Three Recent Developments and Future Plans
Figure 23. Global Microgrid Energy Storage Revenue Share by Players in 2023
Figure 24. Microgrid Energy Storage Market Share by Company Type (Tier 1, Tier 2, and Tier 3) in 2023
Figure 25. Market Share of Microgrid Energy Storage by Player Revenue in 2023
Figure 26. Top 3 Microgrid Energy Storage Players Market Share in 2023
Figure 27. Top 6 Microgrid Energy Storage Players Market Share in 2023
Figure 28. Global Microgrid Energy Storage Consumption Value Share by Type (2019-2024)
Figure 29. Global Microgrid Energy Storage Market Share Forecast by Type (2025-2030)
Figure 30. Global Microgrid Energy Storage Consumption Value Share by Application (2019-2024)
Figure 31. Global Microgrid Energy Storage Market Share Forecast by Application (2025-2030)
Figure 32. North America Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 33. North America Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 34. North America Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 35. United States Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 36. Canada Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 37. Mexico Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 38. Europe Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 39. Europe Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 40. Europe Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 41. Germany Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 42. France Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 43. United Kingdom Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 44. Russia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 45. Italy Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 46. Asia-Pacific Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 47. Asia-Pacific Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 48. Asia-Pacific Microgrid Energy Storage Consumption Value Market Share by Region (2019-2030)
Figure 49. China Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 50. Japan Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 51. South Korea Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 52. India Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 53. Southeast Asia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 54. Australia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 55. South America Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 56. South America Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 57. South America Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 58. Brazil Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 59. Argentina Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 60. Middle East & Africa Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 61. Middle East & Africa Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 62. Middle East & Africa Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 63. Turkey Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 64. Saudi Arabia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 65. UAE Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 66. Microgrid Energy Storage Market Drivers
Figure 67. Microgrid Energy Storage Market Restraints
Figure 68. Microgrid Energy Storage Market Trends
Figure 69. Porters Five Forces Analysis
Figure 70. Microgrid Energy Storage Industrial Chain
Figure 71. Methodology
Figure 72. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

yuan2

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

yuan2

Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Samsung SDI
Panasonic
LG Energy Solution Ltd
Hitachi
Toshiba
LSIS
Fluence
NGK Group
S&C Electric
Saft
Sumitomo Electric
EnSync
Eos Energy Storage
Aggreko
BYD
CALB
Rongke Power
Narada
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Related Reports

Global Microgrid Energy Storage Supply, Demand and Key Producers, 2024-2030 xian22

Global Microgrid Energy Storage Supply, Demand and Key Producers, 2024-2030

date 02 Apr 2024

date Energy & Power

Microgrid is a low-voltage network composed of distributed energy sources, energy storage devices and controllable loads. Its capacity ranges from hundreds of kilowatts to several megawatts. It can operate in parallel with the distribution network and can be disconnected when the upper-level power grid fails. The network operates independently and can be reconnected to the grid after fault recovery. A microgrid is a discrete energy system that provides electric power for a specific region or facility by integrating with distributed energy resources (e.g., solar and wind power) and ESS. Microgrid energy storage refers to the energy storage system (ESS) applied to microgrids. ESS can store electrical energy to provide power demand systems when needed. Its main function is to improve the reliability of the microgrid system, balance power supply and demand, control system power quality, extend equipment life, and reduce construction and operating costs.

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Global Microgrid Energy Storage Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Microgrid Energy Storage Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Page: 140

Published Date: 02 Apr 2024

Category: Energy & Power

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Description

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Description

Microgrid is a low-voltage network composed of distributed energy sources, energy storage devices and controllable loads. Its capacity ranges from hundreds of kilowatts to several megawatts. It can operate in parallel with the distribution network and can be disconnected when the upper-level power grid fails. The network operates independently and can be reconnected to the grid after fault recovery. A microgrid is a discrete energy system that provides electric power for a specific region or facility by integrating with distributed energy resources (e.g., solar and wind power) and ESS. Microgrid energy storage refers to the energy storage system (ESS) applied to microgrids. ESS can store electrical energy to provide power demand systems when needed. Its main function is to improve the reliability of the microgrid system, balance power supply and demand, control system power quality, extend equipment life, and reduce construction and operating costs.

According to our (Global Info Research) latest study, the global Microgrid Energy Storage market size was valued at US$ 279 million in 2023 and is forecast to a readjusted size of USD 526 million by 2030 with a CAGR of 9.5% during review period.

Global key players of Microgrid Energy Storage include Samsung SDI, Panasonic, LG Energy Solution Ltd, Hitachi, Toshiba, etc. The top five players hold a share over 50%. North America is the largest market, and has a share about 40%, followed by China with share 20%. In terms of product type, Lithium-ion Battery is the largest segment, occupied for a share of 88%. In terms of application, Utility & Residential has a share about 67 percent.

This report is a detailed and comprehensive analysis for global Microgrid Energy Storage market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:
Global Microgrid Energy Storage market size and forecasts, in consumption value ($ Million), 2019-2030
Global Microgrid Energy Storage market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Microgrid Energy Storage market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Microgrid Energy Storage market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Microgrid Energy Storage
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Microgrid Energy Storage market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung SDI, Panasonic, LG Energy Solution Ltd, Hitachi, Toshiba, LSIS, Fluence, NGK Group, S&C Electric, Saft, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation
Microgrid Energy Storage market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation
Microgrid Energy Storage market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Lithium-ion Battery
Lead-acid Battery
Others

Market segment by Application
Utility & Residential
Commercial & Industrial
Others

Market segment by players, this report covers
Samsung SDI
Panasonic
LG Energy Solution Ltd
Hitachi
Toshiba
LSIS
Fluence
NGK Group
S&C Electric
Saft
Sumitomo Electric
EnSync
Eos Energy Storage
Aggreko
BYD
CALB
Rongke Power
Narada

Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Microgrid Energy Storage product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Microgrid Energy Storage, with revenue, gross margin, and global market share of Microgrid Energy Storage from 2019 to 2024.
Chapter 3, the Microgrid Energy Storage competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Microgrid Energy Storage market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Microgrid Energy Storage.
Chapter 13, to describe Microgrid Energy Storage research findings and conclusion.
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Table of Contents

1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Microgrid Energy Storage by Type
1.3.1 Overview: Global Microgrid Energy Storage Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Microgrid Energy Storage Consumption Value Market Share by Type in 2023
1.3.3 Lithium-ion Battery
1.3.4 Lead-acid Battery
1.3.5 Others
1.4 Global Microgrid Energy Storage Market by Application
1.4.1 Overview: Global Microgrid Energy Storage Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Utility & Residential
1.4.3 Commercial & Industrial
1.4.4 Others
1.5 Global Microgrid Energy Storage Market Size & Forecast
1.6 Global Microgrid Energy Storage Market Size and Forecast by Region
1.6.1 Global Microgrid Energy Storage Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Microgrid Energy Storage Market Size by Region, (2019-2030)
1.6.3 North America Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.4 Europe Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.6 South America Microgrid Energy Storage Market Size and Prospect (2019-2030)
1.6.7 Middle East & Africa Microgrid Energy Storage Market Size and Prospect (2019-2030)

2 Company Profiles
2.1 Samsung SDI
2.1.1 Samsung SDI Details
2.1.2 Samsung SDI Major Business
2.1.3 Samsung SDI Microgrid Energy Storage Product and Solutions
2.1.4 Samsung SDI Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 Samsung SDI Recent Developments and Future Plans
2.2 Panasonic
2.2.1 Panasonic Details
2.2.2 Panasonic Major Business
2.2.3 Panasonic Microgrid Energy Storage Product and Solutions
2.2.4 Panasonic Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 Panasonic Recent Developments and Future Plans
2.3 LG Energy Solution Ltd
2.3.1 LG Energy Solution Ltd Details
2.3.2 LG Energy Solution Ltd Major Business
2.3.3 LG Energy Solution Ltd Microgrid Energy Storage Product and Solutions
2.3.4 LG Energy Solution Ltd Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 LG Energy Solution Ltd Recent Developments and Future Plans
2.4 Hitachi
2.4.1 Hitachi Details
2.4.2 Hitachi Major Business
2.4.3 Hitachi Microgrid Energy Storage Product and Solutions
2.4.4 Hitachi Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Hitachi Recent Developments and Future Plans
2.5 Toshiba
2.5.1 Toshiba Details
2.5.2 Toshiba Major Business
2.5.3 Toshiba Microgrid Energy Storage Product and Solutions
2.5.4 Toshiba Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 Toshiba Recent Developments and Future Plans
2.6 LSIS
2.6.1 LSIS Details
2.6.2 LSIS Major Business
2.6.3 LSIS Microgrid Energy Storage Product and Solutions
2.6.4 LSIS Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 LSIS Recent Developments and Future Plans
2.7 Fluence
2.7.1 Fluence Details
2.7.2 Fluence Major Business
2.7.3 Fluence Microgrid Energy Storage Product and Solutions
2.7.4 Fluence Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Fluence Recent Developments and Future Plans
2.8 NGK Group
2.8.1 NGK Group Details
2.8.2 NGK Group Major Business
2.8.3 NGK Group Microgrid Energy Storage Product and Solutions
2.8.4 NGK Group Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 NGK Group Recent Developments and Future Plans
2.9 S&C Electric
2.9.1 S&C Electric Details
2.9.2 S&C Electric Major Business
2.9.3 S&C Electric Microgrid Energy Storage Product and Solutions
2.9.4 S&C Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 S&C Electric Recent Developments and Future Plans
2.10 Saft
2.10.1 Saft Details
2.10.2 Saft Major Business
2.10.3 Saft Microgrid Energy Storage Product and Solutions
2.10.4 Saft Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 Saft Recent Developments and Future Plans
2.11 Sumitomo Electric
2.11.1 Sumitomo Electric Details
2.11.2 Sumitomo Electric Major Business
2.11.3 Sumitomo Electric Microgrid Energy Storage Product and Solutions
2.11.4 Sumitomo Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 Sumitomo Electric Recent Developments and Future Plans
2.12 EnSync
2.12.1 EnSync Details
2.12.2 EnSync Major Business
2.12.3 EnSync Microgrid Energy Storage Product and Solutions
2.12.4 EnSync Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.12.5 EnSync Recent Developments and Future Plans
2.13 Eos Energy Storage
2.13.1 Eos Energy Storage Details
2.13.2 Eos Energy Storage Major Business
2.13.3 Eos Energy Storage Microgrid Energy Storage Product and Solutions
2.13.4 Eos Energy Storage Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.13.5 Eos Energy Storage Recent Developments and Future Plans
2.14 Aggreko
2.14.1 Aggreko Details
2.14.2 Aggreko Major Business
2.14.3 Aggreko Microgrid Energy Storage Product and Solutions
2.14.4 Aggreko Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.14.5 Aggreko Recent Developments and Future Plans
2.15 BYD
2.15.1 BYD Details
2.15.2 BYD Major Business
2.15.3 BYD Microgrid Energy Storage Product and Solutions
2.15.4 BYD Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.15.5 BYD Recent Developments and Future Plans
2.16 CALB
2.16.1 CALB Details
2.16.2 CALB Major Business
2.16.3 CALB Microgrid Energy Storage Product and Solutions
2.16.4 CALB Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.16.5 CALB Recent Developments and Future Plans
2.17 Rongke Power
2.17.1 Rongke Power Details
2.17.2 Rongke Power Major Business
2.17.3 Rongke Power Microgrid Energy Storage Product and Solutions
2.17.4 Rongke Power Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.17.5 Rongke Power Recent Developments and Future Plans
2.18 Narada
2.18.1 Narada Details
2.18.2 Narada Major Business
2.18.3 Narada Microgrid Energy Storage Product and Solutions
2.18.4 Narada Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
2.18.5 Narada Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Microgrid Energy Storage Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Microgrid Energy Storage by Company Revenue
3.2.2 Top 3 Microgrid Energy Storage Players Market Share in 2023
3.2.3 Top 6 Microgrid Energy Storage Players Market Share in 2023
3.3 Microgrid Energy Storage Market: Overall Company Footprint Analysis
3.3.1 Microgrid Energy Storage Market: Region Footprint
3.3.2 Microgrid Energy Storage Market: Company Product Type Footprint
3.3.3 Microgrid Energy Storage Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type
4.1 Global Microgrid Energy Storage Consumption Value and Market Share by Type (2019-2024)
4.2 Global Microgrid Energy Storage Market Forecast by Type (2025-2030)

5 Market Size Segment by Application
5.1 Global Microgrid Energy Storage Consumption Value Market Share by Application (2019-2024)
5.2 Global Microgrid Energy Storage Market Forecast by Application (2025-2030)

6 North America
6.1 North America Microgrid Energy Storage Consumption Value by Type (2019-2030)
6.2 North America Microgrid Energy Storage Market Size by Application (2019-2030)
6.3 North America Microgrid Energy Storage Market Size by Country
6.3.1 North America Microgrid Energy Storage Consumption Value by Country (2019-2030)
6.3.2 United States Microgrid Energy Storage Market Size and Forecast (2019-2030)
6.3.3 Canada Microgrid Energy Storage Market Size and Forecast (2019-2030)
6.3.4 Mexico Microgrid Energy Storage Market Size and Forecast (2019-2030)

7 Europe
7.1 Europe Microgrid Energy Storage Consumption Value by Type (2019-2030)
7.2 Europe Microgrid Energy Storage Consumption Value by Application (2019-2030)
7.3 Europe Microgrid Energy Storage Market Size by Country
7.3.1 Europe Microgrid Energy Storage Consumption Value by Country (2019-2030)
7.3.2 Germany Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.3 France Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.5 Russia Microgrid Energy Storage Market Size and Forecast (2019-2030)
7.3.6 Italy Microgrid Energy Storage Market Size and Forecast (2019-2030)

8 Asia-Pacific
8.1 Asia-Pacific Microgrid Energy Storage Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Microgrid Energy Storage Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Microgrid Energy Storage Market Size by Region
8.3.1 Asia-Pacific Microgrid Energy Storage Consumption Value by Region (2019-2030)
8.3.2 China Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.3 Japan Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.4 South Korea Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.5 India Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Microgrid Energy Storage Market Size and Forecast (2019-2030)
8.3.7 Australia Microgrid Energy Storage Market Size and Forecast (2019-2030)

9 South America
9.1 South America Microgrid Energy Storage Consumption Value by Type (2019-2030)
9.2 South America Microgrid Energy Storage Consumption Value by Application (2019-2030)
9.3 South America Microgrid Energy Storage Market Size by Country
9.3.1 South America Microgrid Energy Storage Consumption Value by Country (2019-2030)
9.3.2 Brazil Microgrid Energy Storage Market Size and Forecast (2019-2030)
9.3.3 Argentina Microgrid Energy Storage Market Size and Forecast (2019-2030)

10 Middle East & Africa
10.1 Middle East & Africa Microgrid Energy Storage Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Microgrid Energy Storage Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Microgrid Energy Storage Market Size by Country
10.3.1 Middle East & Africa Microgrid Energy Storage Consumption Value by Country (2019-2030)
10.3.2 Turkey Microgrid Energy Storage Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Microgrid Energy Storage Market Size and Forecast (2019-2030)
10.3.4 UAE Microgrid Energy Storage Market Size and Forecast (2019-2030)

11 Market Dynamics
11.1 Microgrid Energy Storage Market Drivers
11.2 Microgrid Energy Storage Market Restraints
11.3 Microgrid Energy Storage Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry

12 Industry Chain Analysis
12.1 Microgrid Energy Storage Industry Chain
12.2 Microgrid Energy Storage Upstream Analysis
12.3 Microgrid Energy Storage Midstream Analysis
12.4 Microgrid Energy Storage Downstream Analysis

13 Research Findings and Conclusion

14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
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Table of Figures

List of Tables
Table 1. Global Microgrid Energy Storage Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Table 2. Global Microgrid Energy Storage Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Table 3. Global Microgrid Energy Storage Consumption Value by Region (2019-2024) & (USD Million)
Table 4. Global Microgrid Energy Storage Consumption Value by Region (2025-2030) & (USD Million)
Table 5. Samsung SDI Company Information, Head Office, and Major Competitors
Table 6. Samsung SDI Major Business
Table 7. Samsung SDI Microgrid Energy Storage Product and Solutions
Table 8. Samsung SDI Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 9. Samsung SDI Recent Developments and Future Plans
Table 10. Panasonic Company Information, Head Office, and Major Competitors
Table 11. Panasonic Major Business
Table 12. Panasonic Microgrid Energy Storage Product and Solutions
Table 13. Panasonic Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 14. Panasonic Recent Developments and Future Plans
Table 15. LG Energy Solution Ltd Company Information, Head Office, and Major Competitors
Table 16. LG Energy Solution Ltd Major Business
Table 17. LG Energy Solution Ltd Microgrid Energy Storage Product and Solutions
Table 18. LG Energy Solution Ltd Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 19. Hitachi Company Information, Head Office, and Major Competitors
Table 20. Hitachi Major Business
Table 21. Hitachi Microgrid Energy Storage Product and Solutions
Table 22. Hitachi Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 23. Hitachi Recent Developments and Future Plans
Table 24. Toshiba Company Information, Head Office, and Major Competitors
Table 25. Toshiba Major Business
Table 26. Toshiba Microgrid Energy Storage Product and Solutions
Table 27. Toshiba Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 28. Toshiba Recent Developments and Future Plans
Table 29. LSIS Company Information, Head Office, and Major Competitors
Table 30. LSIS Major Business
Table 31. LSIS Microgrid Energy Storage Product and Solutions
Table 32. LSIS Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 33. LSIS Recent Developments and Future Plans
Table 34. Fluence Company Information, Head Office, and Major Competitors
Table 35. Fluence Major Business
Table 36. Fluence Microgrid Energy Storage Product and Solutions
Table 37. Fluence Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 38. Fluence Recent Developments and Future Plans
Table 39. NGK Group Company Information, Head Office, and Major Competitors
Table 40. NGK Group Major Business
Table 41. NGK Group Microgrid Energy Storage Product and Solutions
Table 42. NGK Group Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 43. NGK Group Recent Developments and Future Plans
Table 44. S&C Electric Company Information, Head Office, and Major Competitors
Table 45. S&C Electric Major Business
Table 46. S&C Electric Microgrid Energy Storage Product and Solutions
Table 47. S&C Electric Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 48. S&C Electric Recent Developments and Future Plans
Table 49. Saft Company Information, Head Office, and Major Competitors
Table 50. Saft Major Business
Table 51. Saft Microgrid Energy Storage Product and Solutions
Table 52. Saft Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 53. Saft Recent Developments and Future Plans
Table 54. Sumitomo Electric Company Information, Head Office, and Major Competitors
Table 55. Sumitomo Electric Major Business
Table 56. Sumitomo Electric Microgrid Energy Storage Product and Solutions
Table 57. Sumitomo Electric Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 58. Sumitomo Electric Recent Developments and Future Plans
Table 59. EnSync Company Information, Head Office, and Major Competitors
Table 60. EnSync Major Business
Table 61. EnSync Microgrid Energy Storage Product and Solutions
Table 62. EnSync Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 63. EnSync Recent Developments and Future Plans
Table 64. Eos Energy Storage Company Information, Head Office, and Major Competitors
Table 65. Eos Energy Storage Major Business
Table 66. Eos Energy Storage Microgrid Energy Storage Product and Solutions
Table 67. Eos Energy Storage Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 68. Eos Energy Storage Recent Developments and Future Plans
Table 69. Aggreko Company Information, Head Office, and Major Competitors
Table 70. Aggreko Major Business
Table 71. Aggreko Microgrid Energy Storage Product and Solutions
Table 72. Aggreko Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 73. Aggreko Recent Developments and Future Plans
Table 74. BYD Company Information, Head Office, and Major Competitors
Table 75. BYD Major Business
Table 76. BYD Microgrid Energy Storage Product and Solutions
Table 77. BYD Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 78. BYD Recent Developments and Future Plans
Table 79. CALB Company Information, Head Office, and Major Competitors
Table 80. CALB Major Business
Table 81. CALB Microgrid Energy Storage Product and Solutions
Table 82. CALB Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. CALB Recent Developments and Future Plans
Table 84. Rongke Power Company Information, Head Office, and Major Competitors
Table 85. Rongke Power Major Business
Table 86. Rongke Power Microgrid Energy Storage Product and Solutions
Table 87. Rongke Power Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 88. Rongke Power Recent Developments and Future Plans
Table 89. Narada Company Information, Head Office, and Major Competitors
Table 90. Narada Major Business
Table 91. Narada Microgrid Energy Storage Product and Solutions
Table 92. Narada Microgrid Energy Storage Revenue (USD Million), Gross Margin and Market Share (2019-2024)
Table 93. Narada Recent Developments and Future Plans
Table 94. Global Microgrid Energy Storage Revenue (USD Million) by Players (2019-2024)
Table 95. Global Microgrid Energy Storage Revenue Share by Players (2019-2024)
Table 96. Breakdown of Microgrid Energy Storage by Company Type (Tier 1, Tier 2, and Tier 3)
Table 97. Market Position of Players in Microgrid Energy Storage, (Tier 1, Tier 2, and Tier 3), Based on Revenue in 2023
Table 98. Head Office of Key Microgrid Energy Storage Players
Table 99. Microgrid Energy Storage Market: Company Product Type Footprint
Table 100. Microgrid Energy Storage Market: Company Product Application Footprint
Table 101. Microgrid Energy Storage New Market Entrants and Barriers to Market Entry
Table 102. Microgrid Energy Storage Mergers, Acquisition, Agreements, and Collaborations
Table 103. Global Microgrid Energy Storage Consumption Value (USD Million) by Type (2019-2024)
Table 104. Global Microgrid Energy Storage Consumption Value Share by Type (2019-2024)
Table 105. Global Microgrid Energy Storage Consumption Value Forecast by Type (2025-2030)
Table 106. Global Microgrid Energy Storage Consumption Value by Application (2019-2024)
Table 107. Global Microgrid Energy Storage Consumption Value Forecast by Application (2025-2030)
Table 108. North America Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 109. North America Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 110. North America Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 111. North America Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 112. North America Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 113. North America Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 114. Europe Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 115. Europe Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 116. Europe Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 117. Europe Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 118. Europe Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 119. Europe Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 120. Asia-Pacific Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 121. Asia-Pacific Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 122. Asia-Pacific Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 123. Asia-Pacific Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 124. Asia-Pacific Microgrid Energy Storage Consumption Value by Region (2019-2024) & (USD Million)
Table 125. Asia-Pacific Microgrid Energy Storage Consumption Value by Region (2025-2030) & (USD Million)
Table 126. South America Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 127. South America Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 128. South America Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 129. South America Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 130. South America Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 131. South America Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 132. Middle East & Africa Microgrid Energy Storage Consumption Value by Type (2019-2024) & (USD Million)
Table 133. Middle East & Africa Microgrid Energy Storage Consumption Value by Type (2025-2030) & (USD Million)
Table 134. Middle East & Africa Microgrid Energy Storage Consumption Value by Application (2019-2024) & (USD Million)
Table 135. Middle East & Africa Microgrid Energy Storage Consumption Value by Application (2025-2030) & (USD Million)
Table 136. Middle East & Africa Microgrid Energy Storage Consumption Value by Country (2019-2024) & (USD Million)
Table 137. Middle East & Africa Microgrid Energy Storage Consumption Value by Country (2025-2030) & (USD Million)
Table 138. Global Key Players of Microgrid Energy Storage Upstream (Raw Materials)
Table 139. Global Microgrid Energy Storage Typical Customers


List of Figures
Figure 1. Microgrid Energy Storage Picture
Figure 2. Global Microgrid Energy Storage Consumption Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 3. Global Microgrid Energy Storage Consumption Value Market Share by Type in 2023
Figure 4. Lithium-ion Battery
Figure 5. Lead-acid Battery
Figure 6. Others
Figure 7. Global Microgrid Energy Storage Consumption Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 8. Microgrid Energy Storage Consumption Value Market Share by Application in 2023
Figure 9. Utility & Residential Picture
Figure 10. Commercial & Industrial Picture
Figure 11. Others Picture
Figure 12. Global Microgrid Energy Storage Consumption Value, (USD Million): 2019 & 2023 & 2030
Figure 13. Global Microgrid Energy Storage Consumption Value and Forecast (2019-2030) & (USD Million)
Figure 14. Global Market Microgrid Energy Storage Consumption Value (USD Million) Comparison by Region (2019 VS 2023 VS 2030)
Figure 15. Global Microgrid Energy Storage Consumption Value Market Share by Region (2019-2030)
Figure 16. Global Microgrid Energy Storage Consumption Value Market Share by Region in 2023
Figure 17. North America Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 18. Europe Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 19. Asia-Pacific Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 20. South America Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 21. Middle East & Africa Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 22. Company Three Recent Developments and Future Plans
Figure 23. Global Microgrid Energy Storage Revenue Share by Players in 2023
Figure 24. Microgrid Energy Storage Market Share by Company Type (Tier 1, Tier 2, and Tier 3) in 2023
Figure 25. Market Share of Microgrid Energy Storage by Player Revenue in 2023
Figure 26. Top 3 Microgrid Energy Storage Players Market Share in 2023
Figure 27. Top 6 Microgrid Energy Storage Players Market Share in 2023
Figure 28. Global Microgrid Energy Storage Consumption Value Share by Type (2019-2024)
Figure 29. Global Microgrid Energy Storage Market Share Forecast by Type (2025-2030)
Figure 30. Global Microgrid Energy Storage Consumption Value Share by Application (2019-2024)
Figure 31. Global Microgrid Energy Storage Market Share Forecast by Application (2025-2030)
Figure 32. North America Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 33. North America Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 34. North America Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 35. United States Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 36. Canada Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 37. Mexico Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 38. Europe Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 39. Europe Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 40. Europe Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 41. Germany Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 42. France Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 43. United Kingdom Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 44. Russia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 45. Italy Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 46. Asia-Pacific Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 47. Asia-Pacific Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 48. Asia-Pacific Microgrid Energy Storage Consumption Value Market Share by Region (2019-2030)
Figure 49. China Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 50. Japan Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 51. South Korea Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 52. India Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 53. Southeast Asia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 54. Australia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 55. South America Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 56. South America Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 57. South America Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 58. Brazil Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 59. Argentina Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 60. Middle East & Africa Microgrid Energy Storage Consumption Value Market Share by Type (2019-2030)
Figure 61. Middle East & Africa Microgrid Energy Storage Consumption Value Market Share by Application (2019-2030)
Figure 62. Middle East & Africa Microgrid Energy Storage Consumption Value Market Share by Country (2019-2030)
Figure 63. Turkey Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 64. Saudi Arabia Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 65. UAE Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 66. Microgrid Energy Storage Market Drivers
Figure 67. Microgrid Energy Storage Market Restraints
Figure 68. Microgrid Energy Storage Market Trends
Figure 69. Porters Five Forces Analysis
Figure 70. Microgrid Energy Storage Industrial Chain
Figure 71. Methodology
Figure 72. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Samsung SDI
Panasonic
LG Energy Solution Ltd
Hitachi
Toshiba
LSIS
Fluence
NGK Group
S&C Electric
Saft
Sumitomo Electric
EnSync
Eos Energy Storage
Aggreko
BYD
CALB
Rongke Power
Narada
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Microgrid is a low-voltage network composed of distributed energy sources, energy storage devices and controllable loads. Its capacity ranges from hundreds of kilowatts to several megawatts. It can operate in parallel with the distribution network and can be disconnected when the upper-level power grid fails. The network operates independently and can be reconnected to the grid after fault recovery. A microgrid is a discrete energy system that provides electric power for a specific region or facility by integrating with distributed energy resources (e.g., solar and wind power) and ESS. Microgrid energy storage refers to the energy storage system (ESS) applied to microgrids. ESS can store electrical energy to provide power demand systems when needed. Its main function is to improve the reliability of the microgrid system, balance power supply and demand, control system power quality, extend equipment life, and reduce construction and operating costs.

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