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

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

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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.

The global Microgrid Energy Storage market size is expected to reach $ 526 million by 2030, rising at a market growth of 9.5% CAGR during the forecast period (2024-2030).

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 studies the global Microgrid Energy Storage demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Microgrid Energy Storage, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Microgrid Energy Storage that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Microgrid Energy Storage total market, 2019-2030, (USD Million)
Global Microgrid Energy Storage total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Microgrid Energy Storage total market, key domestic companies, and share, (USD Million)
Global Microgrid Energy Storage revenue by player, revenue and market share 2019-2024, (USD Million)
Global Microgrid Energy Storage total market by Type, CAGR, 2019-2030, (USD Million)
Global Microgrid Energy Storage total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major 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.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Microgrid Energy Storage market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Microgrid Energy Storage Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Microgrid Energy Storage Market, Segmentation by Type
Lithium-ion Battery
Lead-acid Battery
Others

Global Microgrid Energy Storage Market, Segmentation by Application:
Utility & Residential
Commercial & Industrial
Others

Companies Profiled:
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

Key Questions Answered
1. How big is the global Microgrid Energy Storage market?
2. What is the demand of the global Microgrid Energy Storage market?
3. What is the year over year growth of the global Microgrid Energy Storage market?
4. What is the total value of the global Microgrid Energy Storage market?
5. Who are the Major Players in the global Microgrid Energy Storage market?
6. What are the growth factors driving the market demand?
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Table of Contents

1 Supply Summary
1.1 Microgrid Energy Storage Introduction
1.2 World Microgrid Energy Storage Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Microgrid Energy Storage Total Market by Region (by Headquarter Location)
1.3.1 World Microgrid Energy Storage Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.3 China Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.4 Europe Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.5 Japan Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.6 South Korea Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.7 ASEAN Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.8 India Based Company Microgrid Energy Storage Revenue (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Microgrid Energy Storage Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Major Market Trends

2 Demand Summary
2.1 World Microgrid Energy Storage Consumption Value (2019-2030)
2.2 World Microgrid Energy Storage Consumption Value by Region
2.2.1 World Microgrid Energy Storage Consumption Value by Region (2019-2024)
2.2.2 World Microgrid Energy Storage Consumption Value Forecast by Region (2025-2030)
2.3 United States Microgrid Energy Storage Consumption Value (2019-2030)
2.4 China Microgrid Energy Storage Consumption Value (2019-2030)
2.5 Europe Microgrid Energy Storage Consumption Value (2019-2030)
2.6 Japan Microgrid Energy Storage Consumption Value (2019-2030)
2.7 South Korea Microgrid Energy Storage Consumption Value (2019-2030)
2.8 ASEAN Microgrid Energy Storage Consumption Value (2019-2030)
2.9 India Microgrid Energy Storage Consumption Value (2019-2030)

3 World Microgrid Energy Storage Companies Competitive Analysis
3.1 World Microgrid Energy Storage Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Microgrid Energy Storage Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Microgrid Energy Storage in 2023
3.2.3 Global Concentration Ratios (CR8) for Microgrid Energy Storage in 2023
3.3 Microgrid Energy Storage Company Evaluation Quadrant
3.4 Microgrid Energy Storage Market: Overall Company Footprint Analysis
3.4.1 Microgrid Energy Storage Market: Region Footprint
3.4.2 Microgrid Energy Storage Market: Company Product Type Footprint
3.4.3 Microgrid Energy Storage Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers & Acquisitions Activity

4 United States VS China VS Rest of World (by Headquarter Location)
4.1 United States VS China: Microgrid Energy Storage Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Microgrid Energy Storage Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Microgrid Energy Storage Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Microgrid Energy Storage Consumption Value Comparison
4.2.1 United States VS China: Microgrid Energy Storage Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Microgrid Energy Storage Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Microgrid Energy Storage Companies and Market Share, 2019-2024
4.3.1 United States Based Microgrid Energy Storage Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Microgrid Energy Storage Revenue, (2019-2024)
4.4 China Based Companies Microgrid Energy Storage Revenue and Market Share, 2019-2024
4.4.1 China Based Microgrid Energy Storage Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Microgrid Energy Storage Revenue, (2019-2024)
4.5 Rest of World Based Microgrid Energy Storage Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Microgrid Energy Storage Companies, Headquarters (Province, Country)
4.5.2 Rest of World Based Companies Microgrid Energy Storage Revenue (2019-2024)

5 Market Analysis by Type
5.1 World Microgrid Energy Storage Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Lithium-ion Battery
5.2.2 Lead-acid Battery
5.2.3 Others
5.3 Market Segment by Type
5.3.1 World Microgrid Energy Storage Market Size by Type (2019-2024)
5.3.2 World Microgrid Energy Storage Market Size by Type (2025-2030)
5.3.3 World Microgrid Energy Storage Market Size Market Share by Type (2025-2030)

6 Market Analysis by Application
6.1 World Microgrid Energy Storage Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Utility & Residential
6.2.2 Commercial & Industrial
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Microgrid Energy Storage Market Size by Application (2019-2024)
6.3.2 World Microgrid Energy Storage Market Size by Application (2025-2030)
6.3.3 World Microgrid Energy Storage Market Size Market Share by Application (2019-2030)

7 Company Profiles
7.1 Samsung SDI
7.1.1 Samsung SDI Details
7.1.2 Samsung SDI Major Business
7.1.3 Samsung SDI Microgrid Energy Storage Product and Services
7.1.4 Samsung SDI Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Samsung SDI Recent Developments/Updates
7.1.6 Samsung SDI Competitive Strengths & Weaknesses
7.2 Panasonic
7.2.1 Panasonic Details
7.2.2 Panasonic Major Business
7.2.3 Panasonic Microgrid Energy Storage Product and Services
7.2.4 Panasonic Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Panasonic Recent Developments/Updates
7.2.6 Panasonic Competitive Strengths & Weaknesses
7.3 LG Energy Solution Ltd
7.3.1 LG Energy Solution Ltd Details
7.3.2 LG Energy Solution Ltd Major Business
7.3.3 LG Energy Solution Ltd Microgrid Energy Storage Product and Services
7.3.4 LG Energy Solution Ltd Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 LG Energy Solution Ltd Recent Developments/Updates
7.3.6 LG Energy Solution Ltd Competitive Strengths & Weaknesses
7.4 Hitachi
7.4.1 Hitachi Details
7.4.2 Hitachi Major Business
7.4.3 Hitachi Microgrid Energy Storage Product and Services
7.4.4 Hitachi Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Hitachi Recent Developments/Updates
7.4.6 Hitachi Competitive Strengths & Weaknesses
7.5 Toshiba
7.5.1 Toshiba Details
7.5.2 Toshiba Major Business
7.5.3 Toshiba Microgrid Energy Storage Product and Services
7.5.4 Toshiba Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Toshiba Recent Developments/Updates
7.5.6 Toshiba Competitive Strengths & Weaknesses
7.6 LSIS
7.6.1 LSIS Details
7.6.2 LSIS Major Business
7.6.3 LSIS Microgrid Energy Storage Product and Services
7.6.4 LSIS Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 LSIS Recent Developments/Updates
7.6.6 LSIS Competitive Strengths & Weaknesses
7.7 Fluence
7.7.1 Fluence Details
7.7.2 Fluence Major Business
7.7.3 Fluence Microgrid Energy Storage Product and Services
7.7.4 Fluence Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Fluence Recent Developments/Updates
7.7.6 Fluence Competitive Strengths & Weaknesses
7.8 NGK Group
7.8.1 NGK Group Details
7.8.2 NGK Group Major Business
7.8.3 NGK Group Microgrid Energy Storage Product and Services
7.8.4 NGK Group Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 NGK Group Recent Developments/Updates
7.8.6 NGK Group Competitive Strengths & Weaknesses
7.9 S&C Electric
7.9.1 S&C Electric Details
7.9.2 S&C Electric Major Business
7.9.3 S&C Electric Microgrid Energy Storage Product and Services
7.9.4 S&C Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 S&C Electric Recent Developments/Updates
7.9.6 S&C Electric Competitive Strengths & Weaknesses
7.10 Saft
7.10.1 Saft Details
7.10.2 Saft Major Business
7.10.3 Saft Microgrid Energy Storage Product and Services
7.10.4 Saft Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Saft Recent Developments/Updates
7.10.6 Saft Competitive Strengths & Weaknesses
7.11 Sumitomo Electric
7.11.1 Sumitomo Electric Details
7.11.2 Sumitomo Electric Major Business
7.11.3 Sumitomo Electric Microgrid Energy Storage Product and Services
7.11.4 Sumitomo Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 Sumitomo Electric Recent Developments/Updates
7.11.6 Sumitomo Electric Competitive Strengths & Weaknesses
7.12 EnSync
7.12.1 EnSync Details
7.12.2 EnSync Major Business
7.12.3 EnSync Microgrid Energy Storage Product and Services
7.12.4 EnSync Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 EnSync Recent Developments/Updates
7.12.6 EnSync Competitive Strengths & Weaknesses
7.13 Eos Energy Storage
7.13.1 Eos Energy Storage Details
7.13.2 Eos Energy Storage Major Business
7.13.3 Eos Energy Storage Microgrid Energy Storage Product and Services
7.13.4 Eos Energy Storage Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 Eos Energy Storage Recent Developments/Updates
7.13.6 Eos Energy Storage Competitive Strengths & Weaknesses
7.14 Aggreko
7.14.1 Aggreko Details
7.14.2 Aggreko Major Business
7.14.3 Aggreko Microgrid Energy Storage Product and Services
7.14.4 Aggreko Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 Aggreko Recent Developments/Updates
7.14.6 Aggreko Competitive Strengths & Weaknesses
7.15 BYD
7.15.1 BYD Details
7.15.2 BYD Major Business
7.15.3 BYD Microgrid Energy Storage Product and Services
7.15.4 BYD Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 BYD Recent Developments/Updates
7.15.6 BYD Competitive Strengths & Weaknesses
7.16 CALB
7.16.1 CALB Details
7.16.2 CALB Major Business
7.16.3 CALB Microgrid Energy Storage Product and Services
7.16.4 CALB Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.16.5 CALB Recent Developments/Updates
7.16.6 CALB Competitive Strengths & Weaknesses
7.17 Rongke Power
7.17.1 Rongke Power Details
7.17.2 Rongke Power Major Business
7.17.3 Rongke Power Microgrid Energy Storage Product and Services
7.17.4 Rongke Power Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.17.5 Rongke Power Recent Developments/Updates
7.17.6 Rongke Power Competitive Strengths & Weaknesses
7.18 Narada
7.18.1 Narada Details
7.18.2 Narada Major Business
7.18.3 Narada Microgrid Energy Storage Product and Services
7.18.4 Narada Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.18.5 Narada Recent Developments/Updates
7.18.6 Narada Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Microgrid Energy Storage Industry Chain
8.2 Microgrid Energy Storage Upstream Analysis
8.3 Microgrid Energy Storage Midstream Analysis
8.4 Microgrid Energy Storage Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Microgrid Energy Storage Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Microgrid Energy Storage Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Microgrid Energy Storage Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Microgrid Energy Storage Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Microgrid Energy Storage Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Microgrid Energy Storage Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Microgrid Energy Storage Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Microgrid Energy Storage Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Microgrid Energy Storage Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Microgrid Energy Storage Players in 2023
Table 12. World Microgrid Energy Storage Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Microgrid Energy Storage Company Evaluation Quadrant
Table 14. Head Office of Key Microgrid Energy Storage Players
Table 15. Microgrid Energy Storage Market: Company Product Type Footprint
Table 16. Microgrid Energy Storage Market: Company Product Application Footprint
Table 17. Microgrid Energy Storage Mergers & Acquisitions Activity
Table 18. United States VS China Microgrid Energy Storage Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Microgrid Energy Storage Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Microgrid Energy Storage Companies, Headquarters (States, Country)
Table 21. United States Based Companies Microgrid Energy Storage Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Microgrid Energy Storage Revenue Market Share (2019-2024)
Table 23. China Based Microgrid Energy Storage Companies, Headquarters (Province, Country)
Table 24. China Based Companies Microgrid Energy Storage Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Microgrid Energy Storage Revenue Market Share (2019-2024)
Table 26. Rest of World Based Microgrid Energy Storage Companies, Headquarters (Province, Country)
Table 27. Rest of World Based Companies Microgrid Energy Storage Revenue (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Microgrid Energy Storage Revenue Market Share (2019-2024)
Table 29. World Microgrid Energy Storage Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Microgrid Energy Storage Market Size Value by Type (2019-2024) & (USD Million)
Table 31. World Microgrid Energy Storage Market Size by Type (2025-2030) & (USD Million)
Table 32. World Microgrid Energy Storage Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Microgrid Energy Storage Market Size by Application (2019-2024) & (USD Million)
Table 34. World Microgrid Energy Storage Market Size by Application (2025-2030) & (USD Million)
Table 35. Samsung SDI Basic Information, Manufacturing Base and Competitors
Table 36. Samsung SDI Major Business
Table 37. Samsung SDI Microgrid Energy Storage Product and Services
Table 38. Samsung SDI Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Samsung SDI Recent Developments/Updates
Table 40. Samsung SDI Competitive Strengths & Weaknesses
Table 41. Panasonic Basic Information, Manufacturing Base and Competitors
Table 42. Panasonic Major Business
Table 43. Panasonic Microgrid Energy Storage Product and Services
Table 44. Panasonic Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Panasonic Recent Developments/Updates
Table 46. Panasonic Competitive Strengths & Weaknesses
Table 47. LG Energy Solution Ltd Basic Information, Manufacturing Base and Competitors
Table 48. LG Energy Solution Ltd Major Business
Table 49. LG Energy Solution Ltd Microgrid Energy Storage Product and Services
Table 50. LG Energy Solution Ltd Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. LG Energy Solution Ltd Recent Developments/Updates
Table 52. LG Energy Solution Ltd Competitive Strengths & Weaknesses
Table 53. Hitachi Basic Information, Manufacturing Base and Competitors
Table 54. Hitachi Major Business
Table 55. Hitachi Microgrid Energy Storage Product and Services
Table 56. Hitachi Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Hitachi Recent Developments/Updates
Table 58. Hitachi Competitive Strengths & Weaknesses
Table 59. Toshiba Basic Information, Manufacturing Base and Competitors
Table 60. Toshiba Major Business
Table 61. Toshiba Microgrid Energy Storage Product and Services
Table 62. Toshiba Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Toshiba Recent Developments/Updates
Table 64. Toshiba Competitive Strengths & Weaknesses
Table 65. LSIS Basic Information, Manufacturing Base and Competitors
Table 66. LSIS Major Business
Table 67. LSIS Microgrid Energy Storage Product and Services
Table 68. LSIS Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. LSIS Recent Developments/Updates
Table 70. LSIS Competitive Strengths & Weaknesses
Table 71. Fluence Basic Information, Manufacturing Base and Competitors
Table 72. Fluence Major Business
Table 73. Fluence Microgrid Energy Storage Product and Services
Table 74. Fluence Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Fluence Recent Developments/Updates
Table 76. Fluence Competitive Strengths & Weaknesses
Table 77. NGK Group Basic Information, Manufacturing Base and Competitors
Table 78. NGK Group Major Business
Table 79. NGK Group Microgrid Energy Storage Product and Services
Table 80. NGK Group Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. NGK Group Recent Developments/Updates
Table 82. NGK Group Competitive Strengths & Weaknesses
Table 83. S&C Electric Basic Information, Manufacturing Base and Competitors
Table 84. S&C Electric Major Business
Table 85. S&C Electric Microgrid Energy Storage Product and Services
Table 86. S&C Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. S&C Electric Recent Developments/Updates
Table 88. S&C Electric Competitive Strengths & Weaknesses
Table 89. Saft Basic Information, Manufacturing Base and Competitors
Table 90. Saft Major Business
Table 91. Saft Microgrid Energy Storage Product and Services
Table 92. Saft Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Saft Recent Developments/Updates
Table 94. Saft Competitive Strengths & Weaknesses
Table 95. Sumitomo Electric Basic Information, Manufacturing Base and Competitors
Table 96. Sumitomo Electric Major Business
Table 97. Sumitomo Electric Microgrid Energy Storage Product and Services
Table 98. Sumitomo Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. Sumitomo Electric Recent Developments/Updates
Table 100. Sumitomo Electric Competitive Strengths & Weaknesses
Table 101. EnSync Basic Information, Manufacturing Base and Competitors
Table 102. EnSync Major Business
Table 103. EnSync Microgrid Energy Storage Product and Services
Table 104. EnSync Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. EnSync Recent Developments/Updates
Table 106. EnSync Competitive Strengths & Weaknesses
Table 107. Eos Energy Storage Basic Information, Manufacturing Base and Competitors
Table 108. Eos Energy Storage Major Business
Table 109. Eos Energy Storage Microgrid Energy Storage Product and Services
Table 110. Eos Energy Storage Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. Eos Energy Storage Recent Developments/Updates
Table 112. Eos Energy Storage Competitive Strengths & Weaknesses
Table 113. Aggreko Basic Information, Manufacturing Base and Competitors
Table 114. Aggreko Major Business
Table 115. Aggreko Microgrid Energy Storage Product and Services
Table 116. Aggreko Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. Aggreko Recent Developments/Updates
Table 118. Aggreko Competitive Strengths & Weaknesses
Table 119. BYD Basic Information, Manufacturing Base and Competitors
Table 120. BYD Major Business
Table 121. BYD Microgrid Energy Storage Product and Services
Table 122. BYD Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 123. BYD Recent Developments/Updates
Table 124. BYD Competitive Strengths & Weaknesses
Table 125. CALB Basic Information, Manufacturing Base and Competitors
Table 126. CALB Major Business
Table 127. CALB Microgrid Energy Storage Product and Services
Table 128. CALB Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 129. CALB Recent Developments/Updates
Table 130. CALB Competitive Strengths & Weaknesses
Table 131. Rongke Power Basic Information, Manufacturing Base and Competitors
Table 132. Rongke Power Major Business
Table 133. Rongke Power Microgrid Energy Storage Product and Services
Table 134. Rongke Power Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 135. Rongke Power Recent Developments/Updates
Table 136. Rongke Power Competitive Strengths & Weaknesses
Table 137. Narada Basic Information, Manufacturing Base and Competitors
Table 138. Narada Major Business
Table 139. Narada Microgrid Energy Storage Product and Services
Table 140. Narada Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 141. Narada Recent Developments/Updates
Table 142. Narada Competitive Strengths & Weaknesses
Table 143. Global Key Players of Microgrid Energy Storage Upstream (Raw Materials)
Table 144. Global Microgrid Energy Storage Typical Customers


List of Figures
Figure 1. Microgrid Energy Storage Picture
Figure 2. World Microgrid Energy Storage Total Revenue: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Microgrid Energy Storage Total Revenue (2019-2030) & (USD Million)
Figure 4. World Microgrid Energy Storage Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Figure 5. World Microgrid Energy Storage Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 13. Microgrid Energy Storage Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 16. World Microgrid Energy Storage Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 18. China Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 23. India Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Microgrid Energy Storage by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Microgrid Energy Storage Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Microgrid Energy Storage Markets in 2023
Figure 27. United States VS China: Microgrid Energy Storage Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Microgrid Energy Storage Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Microgrid Energy Storage Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Microgrid Energy Storage Market Size Market Share by Type in 2023
Figure 31. Lithium-ion Battery
Figure 32. Lead-acid Battery
Figure 33. Others
Figure 34. World Microgrid Energy Storage Market Size Market Share by Type (2019-2030)
Figure 35. World Microgrid Energy Storage Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World Microgrid Energy Storage Market Size Market Share by Application in 2023
Figure 37. Utility & Residential
Figure 38. Commercial & Industrial
Figure 39. Others
Figure 40. World Microgrid Energy Storage Market Size Market Share by Application (2019-2030)
Figure 41. Microgrid Energy Storage Industrial Chain
Figure 42. Methodology
Figure 43. 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 Market 2024 by Company, Regions, Type and Application, Forecast to 2030 xian22

Global Microgrid Energy Storage Market 2024 by Company, Regions, Type and Application, Forecast to 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 Supply, Demand and Key Producers, 2024-2030

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

Page: 136

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.

The global Microgrid Energy Storage market size is expected to reach $ 526 million by 2030, rising at a market growth of 9.5% CAGR during the forecast period (2024-2030).

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 studies the global Microgrid Energy Storage demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Microgrid Energy Storage, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Microgrid Energy Storage that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Microgrid Energy Storage total market, 2019-2030, (USD Million)
Global Microgrid Energy Storage total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Microgrid Energy Storage total market, key domestic companies, and share, (USD Million)
Global Microgrid Energy Storage revenue by player, revenue and market share 2019-2024, (USD Million)
Global Microgrid Energy Storage total market by Type, CAGR, 2019-2030, (USD Million)
Global Microgrid Energy Storage total market by Application, CAGR, 2019-2030, (USD Million)
This report profiles major 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.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Microgrid Energy Storage market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Microgrid Energy Storage Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Microgrid Energy Storage Market, Segmentation by Type
Lithium-ion Battery
Lead-acid Battery
Others

Global Microgrid Energy Storage Market, Segmentation by Application:
Utility & Residential
Commercial & Industrial
Others

Companies Profiled:
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

Key Questions Answered
1. How big is the global Microgrid Energy Storage market?
2. What is the demand of the global Microgrid Energy Storage market?
3. What is the year over year growth of the global Microgrid Energy Storage market?
4. What is the total value of the global Microgrid Energy Storage market?
5. Who are the Major Players in the global Microgrid Energy Storage market?
6. What are the growth factors driving the market demand?
btl

Table of Contents

1 Supply Summary
1.1 Microgrid Energy Storage Introduction
1.2 World Microgrid Energy Storage Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Microgrid Energy Storage Total Market by Region (by Headquarter Location)
1.3.1 World Microgrid Energy Storage Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.3 China Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.4 Europe Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.5 Japan Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.6 South Korea Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.7 ASEAN Based Company Microgrid Energy Storage Revenue (2019-2030)
1.3.8 India Based Company Microgrid Energy Storage Revenue (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Microgrid Energy Storage Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Major Market Trends

2 Demand Summary
2.1 World Microgrid Energy Storage Consumption Value (2019-2030)
2.2 World Microgrid Energy Storage Consumption Value by Region
2.2.1 World Microgrid Energy Storage Consumption Value by Region (2019-2024)
2.2.2 World Microgrid Energy Storage Consumption Value Forecast by Region (2025-2030)
2.3 United States Microgrid Energy Storage Consumption Value (2019-2030)
2.4 China Microgrid Energy Storage Consumption Value (2019-2030)
2.5 Europe Microgrid Energy Storage Consumption Value (2019-2030)
2.6 Japan Microgrid Energy Storage Consumption Value (2019-2030)
2.7 South Korea Microgrid Energy Storage Consumption Value (2019-2030)
2.8 ASEAN Microgrid Energy Storage Consumption Value (2019-2030)
2.9 India Microgrid Energy Storage Consumption Value (2019-2030)

3 World Microgrid Energy Storage Companies Competitive Analysis
3.1 World Microgrid Energy Storage Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Microgrid Energy Storage Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Microgrid Energy Storage in 2023
3.2.3 Global Concentration Ratios (CR8) for Microgrid Energy Storage in 2023
3.3 Microgrid Energy Storage Company Evaluation Quadrant
3.4 Microgrid Energy Storage Market: Overall Company Footprint Analysis
3.4.1 Microgrid Energy Storage Market: Region Footprint
3.4.2 Microgrid Energy Storage Market: Company Product Type Footprint
3.4.3 Microgrid Energy Storage Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers & Acquisitions Activity

4 United States VS China VS Rest of World (by Headquarter Location)
4.1 United States VS China: Microgrid Energy Storage Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Microgrid Energy Storage Revenue Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Microgrid Energy Storage Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Microgrid Energy Storage Consumption Value Comparison
4.2.1 United States VS China: Microgrid Energy Storage Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Microgrid Energy Storage Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Microgrid Energy Storage Companies and Market Share, 2019-2024
4.3.1 United States Based Microgrid Energy Storage Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Microgrid Energy Storage Revenue, (2019-2024)
4.4 China Based Companies Microgrid Energy Storage Revenue and Market Share, 2019-2024
4.4.1 China Based Microgrid Energy Storage Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Microgrid Energy Storage Revenue, (2019-2024)
4.5 Rest of World Based Microgrid Energy Storage Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Microgrid Energy Storage Companies, Headquarters (Province, Country)
4.5.2 Rest of World Based Companies Microgrid Energy Storage Revenue (2019-2024)

5 Market Analysis by Type
5.1 World Microgrid Energy Storage Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Lithium-ion Battery
5.2.2 Lead-acid Battery
5.2.3 Others
5.3 Market Segment by Type
5.3.1 World Microgrid Energy Storage Market Size by Type (2019-2024)
5.3.2 World Microgrid Energy Storage Market Size by Type (2025-2030)
5.3.3 World Microgrid Energy Storage Market Size Market Share by Type (2025-2030)

6 Market Analysis by Application
6.1 World Microgrid Energy Storage Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Utility & Residential
6.2.2 Commercial & Industrial
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Microgrid Energy Storage Market Size by Application (2019-2024)
6.3.2 World Microgrid Energy Storage Market Size by Application (2025-2030)
6.3.3 World Microgrid Energy Storage Market Size Market Share by Application (2019-2030)

7 Company Profiles
7.1 Samsung SDI
7.1.1 Samsung SDI Details
7.1.2 Samsung SDI Major Business
7.1.3 Samsung SDI Microgrid Energy Storage Product and Services
7.1.4 Samsung SDI Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 Samsung SDI Recent Developments/Updates
7.1.6 Samsung SDI Competitive Strengths & Weaknesses
7.2 Panasonic
7.2.1 Panasonic Details
7.2.2 Panasonic Major Business
7.2.3 Panasonic Microgrid Energy Storage Product and Services
7.2.4 Panasonic Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Panasonic Recent Developments/Updates
7.2.6 Panasonic Competitive Strengths & Weaknesses
7.3 LG Energy Solution Ltd
7.3.1 LG Energy Solution Ltd Details
7.3.2 LG Energy Solution Ltd Major Business
7.3.3 LG Energy Solution Ltd Microgrid Energy Storage Product and Services
7.3.4 LG Energy Solution Ltd Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 LG Energy Solution Ltd Recent Developments/Updates
7.3.6 LG Energy Solution Ltd Competitive Strengths & Weaknesses
7.4 Hitachi
7.4.1 Hitachi Details
7.4.2 Hitachi Major Business
7.4.3 Hitachi Microgrid Energy Storage Product and Services
7.4.4 Hitachi Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Hitachi Recent Developments/Updates
7.4.6 Hitachi Competitive Strengths & Weaknesses
7.5 Toshiba
7.5.1 Toshiba Details
7.5.2 Toshiba Major Business
7.5.3 Toshiba Microgrid Energy Storage Product and Services
7.5.4 Toshiba Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Toshiba Recent Developments/Updates
7.5.6 Toshiba Competitive Strengths & Weaknesses
7.6 LSIS
7.6.1 LSIS Details
7.6.2 LSIS Major Business
7.6.3 LSIS Microgrid Energy Storage Product and Services
7.6.4 LSIS Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 LSIS Recent Developments/Updates
7.6.6 LSIS Competitive Strengths & Weaknesses
7.7 Fluence
7.7.1 Fluence Details
7.7.2 Fluence Major Business
7.7.3 Fluence Microgrid Energy Storage Product and Services
7.7.4 Fluence Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Fluence Recent Developments/Updates
7.7.6 Fluence Competitive Strengths & Weaknesses
7.8 NGK Group
7.8.1 NGK Group Details
7.8.2 NGK Group Major Business
7.8.3 NGK Group Microgrid Energy Storage Product and Services
7.8.4 NGK Group Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 NGK Group Recent Developments/Updates
7.8.6 NGK Group Competitive Strengths & Weaknesses
7.9 S&C Electric
7.9.1 S&C Electric Details
7.9.2 S&C Electric Major Business
7.9.3 S&C Electric Microgrid Energy Storage Product and Services
7.9.4 S&C Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 S&C Electric Recent Developments/Updates
7.9.6 S&C Electric Competitive Strengths & Weaknesses
7.10 Saft
7.10.1 Saft Details
7.10.2 Saft Major Business
7.10.3 Saft Microgrid Energy Storage Product and Services
7.10.4 Saft Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Saft Recent Developments/Updates
7.10.6 Saft Competitive Strengths & Weaknesses
7.11 Sumitomo Electric
7.11.1 Sumitomo Electric Details
7.11.2 Sumitomo Electric Major Business
7.11.3 Sumitomo Electric Microgrid Energy Storage Product and Services
7.11.4 Sumitomo Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.11.5 Sumitomo Electric Recent Developments/Updates
7.11.6 Sumitomo Electric Competitive Strengths & Weaknesses
7.12 EnSync
7.12.1 EnSync Details
7.12.2 EnSync Major Business
7.12.3 EnSync Microgrid Energy Storage Product and Services
7.12.4 EnSync Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.12.5 EnSync Recent Developments/Updates
7.12.6 EnSync Competitive Strengths & Weaknesses
7.13 Eos Energy Storage
7.13.1 Eos Energy Storage Details
7.13.2 Eos Energy Storage Major Business
7.13.3 Eos Energy Storage Microgrid Energy Storage Product and Services
7.13.4 Eos Energy Storage Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.13.5 Eos Energy Storage Recent Developments/Updates
7.13.6 Eos Energy Storage Competitive Strengths & Weaknesses
7.14 Aggreko
7.14.1 Aggreko Details
7.14.2 Aggreko Major Business
7.14.3 Aggreko Microgrid Energy Storage Product and Services
7.14.4 Aggreko Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.14.5 Aggreko Recent Developments/Updates
7.14.6 Aggreko Competitive Strengths & Weaknesses
7.15 BYD
7.15.1 BYD Details
7.15.2 BYD Major Business
7.15.3 BYD Microgrid Energy Storage Product and Services
7.15.4 BYD Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.15.5 BYD Recent Developments/Updates
7.15.6 BYD Competitive Strengths & Weaknesses
7.16 CALB
7.16.1 CALB Details
7.16.2 CALB Major Business
7.16.3 CALB Microgrid Energy Storage Product and Services
7.16.4 CALB Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.16.5 CALB Recent Developments/Updates
7.16.6 CALB Competitive Strengths & Weaknesses
7.17 Rongke Power
7.17.1 Rongke Power Details
7.17.2 Rongke Power Major Business
7.17.3 Rongke Power Microgrid Energy Storage Product and Services
7.17.4 Rongke Power Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.17.5 Rongke Power Recent Developments/Updates
7.17.6 Rongke Power Competitive Strengths & Weaknesses
7.18 Narada
7.18.1 Narada Details
7.18.2 Narada Major Business
7.18.3 Narada Microgrid Energy Storage Product and Services
7.18.4 Narada Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024)
7.18.5 Narada Recent Developments/Updates
7.18.6 Narada Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Microgrid Energy Storage Industry Chain
8.2 Microgrid Energy Storage Upstream Analysis
8.3 Microgrid Energy Storage Midstream Analysis
8.4 Microgrid Energy Storage Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Microgrid Energy Storage Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Microgrid Energy Storage Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Microgrid Energy Storage Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Microgrid Energy Storage Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Microgrid Energy Storage Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Microgrid Energy Storage Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Microgrid Energy Storage Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Microgrid Energy Storage Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Microgrid Energy Storage Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Microgrid Energy Storage Players in 2023
Table 12. World Microgrid Energy Storage Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Microgrid Energy Storage Company Evaluation Quadrant
Table 14. Head Office of Key Microgrid Energy Storage Players
Table 15. Microgrid Energy Storage Market: Company Product Type Footprint
Table 16. Microgrid Energy Storage Market: Company Product Application Footprint
Table 17. Microgrid Energy Storage Mergers & Acquisitions Activity
Table 18. United States VS China Microgrid Energy Storage Revenue Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Microgrid Energy Storage Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Microgrid Energy Storage Companies, Headquarters (States, Country)
Table 21. United States Based Companies Microgrid Energy Storage Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Microgrid Energy Storage Revenue Market Share (2019-2024)
Table 23. China Based Microgrid Energy Storage Companies, Headquarters (Province, Country)
Table 24. China Based Companies Microgrid Energy Storage Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Microgrid Energy Storage Revenue Market Share (2019-2024)
Table 26. Rest of World Based Microgrid Energy Storage Companies, Headquarters (Province, Country)
Table 27. Rest of World Based Companies Microgrid Energy Storage Revenue (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Microgrid Energy Storage Revenue Market Share (2019-2024)
Table 29. World Microgrid Energy Storage Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Microgrid Energy Storage Market Size Value by Type (2019-2024) & (USD Million)
Table 31. World Microgrid Energy Storage Market Size by Type (2025-2030) & (USD Million)
Table 32. World Microgrid Energy Storage Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Microgrid Energy Storage Market Size by Application (2019-2024) & (USD Million)
Table 34. World Microgrid Energy Storage Market Size by Application (2025-2030) & (USD Million)
Table 35. Samsung SDI Basic Information, Manufacturing Base and Competitors
Table 36. Samsung SDI Major Business
Table 37. Samsung SDI Microgrid Energy Storage Product and Services
Table 38. Samsung SDI Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. Samsung SDI Recent Developments/Updates
Table 40. Samsung SDI Competitive Strengths & Weaknesses
Table 41. Panasonic Basic Information, Manufacturing Base and Competitors
Table 42. Panasonic Major Business
Table 43. Panasonic Microgrid Energy Storage Product and Services
Table 44. Panasonic Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Panasonic Recent Developments/Updates
Table 46. Panasonic Competitive Strengths & Weaknesses
Table 47. LG Energy Solution Ltd Basic Information, Manufacturing Base and Competitors
Table 48. LG Energy Solution Ltd Major Business
Table 49. LG Energy Solution Ltd Microgrid Energy Storage Product and Services
Table 50. LG Energy Solution Ltd Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. LG Energy Solution Ltd Recent Developments/Updates
Table 52. LG Energy Solution Ltd Competitive Strengths & Weaknesses
Table 53. Hitachi Basic Information, Manufacturing Base and Competitors
Table 54. Hitachi Major Business
Table 55. Hitachi Microgrid Energy Storage Product and Services
Table 56. Hitachi Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Hitachi Recent Developments/Updates
Table 58. Hitachi Competitive Strengths & Weaknesses
Table 59. Toshiba Basic Information, Manufacturing Base and Competitors
Table 60. Toshiba Major Business
Table 61. Toshiba Microgrid Energy Storage Product and Services
Table 62. Toshiba Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Toshiba Recent Developments/Updates
Table 64. Toshiba Competitive Strengths & Weaknesses
Table 65. LSIS Basic Information, Manufacturing Base and Competitors
Table 66. LSIS Major Business
Table 67. LSIS Microgrid Energy Storage Product and Services
Table 68. LSIS Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. LSIS Recent Developments/Updates
Table 70. LSIS Competitive Strengths & Weaknesses
Table 71. Fluence Basic Information, Manufacturing Base and Competitors
Table 72. Fluence Major Business
Table 73. Fluence Microgrid Energy Storage Product and Services
Table 74. Fluence Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. Fluence Recent Developments/Updates
Table 76. Fluence Competitive Strengths & Weaknesses
Table 77. NGK Group Basic Information, Manufacturing Base and Competitors
Table 78. NGK Group Major Business
Table 79. NGK Group Microgrid Energy Storage Product and Services
Table 80. NGK Group Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. NGK Group Recent Developments/Updates
Table 82. NGK Group Competitive Strengths & Weaknesses
Table 83. S&C Electric Basic Information, Manufacturing Base and Competitors
Table 84. S&C Electric Major Business
Table 85. S&C Electric Microgrid Energy Storage Product and Services
Table 86. S&C Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. S&C Electric Recent Developments/Updates
Table 88. S&C Electric Competitive Strengths & Weaknesses
Table 89. Saft Basic Information, Manufacturing Base and Competitors
Table 90. Saft Major Business
Table 91. Saft Microgrid Energy Storage Product and Services
Table 92. Saft Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 93. Saft Recent Developments/Updates
Table 94. Saft Competitive Strengths & Weaknesses
Table 95. Sumitomo Electric Basic Information, Manufacturing Base and Competitors
Table 96. Sumitomo Electric Major Business
Table 97. Sumitomo Electric Microgrid Energy Storage Product and Services
Table 98. Sumitomo Electric Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 99. Sumitomo Electric Recent Developments/Updates
Table 100. Sumitomo Electric Competitive Strengths & Weaknesses
Table 101. EnSync Basic Information, Manufacturing Base and Competitors
Table 102. EnSync Major Business
Table 103. EnSync Microgrid Energy Storage Product and Services
Table 104. EnSync Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 105. EnSync Recent Developments/Updates
Table 106. EnSync Competitive Strengths & Weaknesses
Table 107. Eos Energy Storage Basic Information, Manufacturing Base and Competitors
Table 108. Eos Energy Storage Major Business
Table 109. Eos Energy Storage Microgrid Energy Storage Product and Services
Table 110. Eos Energy Storage Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 111. Eos Energy Storage Recent Developments/Updates
Table 112. Eos Energy Storage Competitive Strengths & Weaknesses
Table 113. Aggreko Basic Information, Manufacturing Base and Competitors
Table 114. Aggreko Major Business
Table 115. Aggreko Microgrid Energy Storage Product and Services
Table 116. Aggreko Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 117. Aggreko Recent Developments/Updates
Table 118. Aggreko Competitive Strengths & Weaknesses
Table 119. BYD Basic Information, Manufacturing Base and Competitors
Table 120. BYD Major Business
Table 121. BYD Microgrid Energy Storage Product and Services
Table 122. BYD Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 123. BYD Recent Developments/Updates
Table 124. BYD Competitive Strengths & Weaknesses
Table 125. CALB Basic Information, Manufacturing Base and Competitors
Table 126. CALB Major Business
Table 127. CALB Microgrid Energy Storage Product and Services
Table 128. CALB Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 129. CALB Recent Developments/Updates
Table 130. CALB Competitive Strengths & Weaknesses
Table 131. Rongke Power Basic Information, Manufacturing Base and Competitors
Table 132. Rongke Power Major Business
Table 133. Rongke Power Microgrid Energy Storage Product and Services
Table 134. Rongke Power Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 135. Rongke Power Recent Developments/Updates
Table 136. Rongke Power Competitive Strengths & Weaknesses
Table 137. Narada Basic Information, Manufacturing Base and Competitors
Table 138. Narada Major Business
Table 139. Narada Microgrid Energy Storage Product and Services
Table 140. Narada Microgrid Energy Storage Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 141. Narada Recent Developments/Updates
Table 142. Narada Competitive Strengths & Weaknesses
Table 143. Global Key Players of Microgrid Energy Storage Upstream (Raw Materials)
Table 144. Global Microgrid Energy Storage Typical Customers


List of Figures
Figure 1. Microgrid Energy Storage Picture
Figure 2. World Microgrid Energy Storage Total Revenue: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Microgrid Energy Storage Total Revenue (2019-2030) & (USD Million)
Figure 4. World Microgrid Energy Storage Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Figure 5. World Microgrid Energy Storage Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Microgrid Energy Storage Revenue (2019-2030) & (USD Million)
Figure 13. Microgrid Energy Storage Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 16. World Microgrid Energy Storage Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 18. China Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 23. India Microgrid Energy Storage Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Microgrid Energy Storage by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Microgrid Energy Storage Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Microgrid Energy Storage Markets in 2023
Figure 27. United States VS China: Microgrid Energy Storage Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Microgrid Energy Storage Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Microgrid Energy Storage Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Microgrid Energy Storage Market Size Market Share by Type in 2023
Figure 31. Lithium-ion Battery
Figure 32. Lead-acid Battery
Figure 33. Others
Figure 34. World Microgrid Energy Storage Market Size Market Share by Type (2019-2030)
Figure 35. World Microgrid Energy Storage Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World Microgrid Energy Storage Market Size Market Share by Application in 2023
Figure 37. Utility & Residential
Figure 38. Commercial & Industrial
Figure 39. Others
Figure 40. World Microgrid Energy Storage Market Size Market Share by Application (2019-2030)
Figure 41. Microgrid Energy Storage Industrial Chain
Figure 42. Methodology
Figure 43. 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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    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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