Global Battery Energy Management System Supply, Demand and Key Producers, 2024-2030
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Published Date: 27 Feb 2024
Category: Energy & Power
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Battery Energy Management System market size is expected to reach $ 1577 million by 2030, rising at a market growth of 27.1% CAGR during the forecast period (2024-2030).
The consumption regions of battery energy management system are mainly concentrated in Asia-Pacific and Europe, accounting for more than 80% of the total global market size. The top five manufacturers are GE, Honeywell, Schneider Electric, Johnson Controls and Hitachi ABB, occupying over 60% of the market. Battery energy management systems include lithium battery system, lead acid battery systems, etc. The power station is its most important application.
Energy storage is the capture of energy produced at one time for use at a later time. Energy storage system is consists of Battery, PCS, BMS, and EMS. EMS is electronic system of computer-aided tools that manages a rechargeable battery.
This report studies the global Battery Energy Management System demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Battery Energy Management System, 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 Battery Energy Management System that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Battery Energy Management System total market, 2019-2030, (USD Million)
Global Battery Energy Management System total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Battery Energy Management System total market, key domestic companies and share, (USD Million)
Global Battery Energy Management System revenue by player and market share 2019-2024, (USD Million)
Global Battery Energy Management System total market by Type, CAGR, 2019-2030, (USD Million)
Global Battery Energy Management System total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Battery Energy Management System 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 GE, Honeywell, Schneider Electric, Johnson Controls, Hitachi ABB, Siemens and Emerson Electric, 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 Battery Energy Management System 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 Battery Energy Management System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Battery Energy Management System Market, Segmentation by Type
Lithium Battery System
Lead Acid Battery System
Others Battery System
Global Battery Energy Management System Market, Segmentation by Application
Power Station
Others
Companies Profiled:
GE
Honeywell
Schneider Electric
Johnson Controls
Hitachi ABB
Siemens
Emerson Electric
Key Questions Answered
1. How big is the global Battery Energy Management System market?
2. What is the demand of the global Battery Energy Management System market?
3. What is the year over year growth of the global Battery Energy Management System market?
4. What is the total value of the global Battery Energy Management System market?
5. Who are the major players in the global Battery Energy Management System market?
Table of Contents
1 Supply Summary
1.1 Battery Energy Management System Introduction
1.2 World Battery Energy Management System Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Battery Energy Management System Total Market by Region (by Headquarter Location)
1.3.1 World Battery Energy Management System Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Battery Energy Management System Market Size (2019-2030)
1.3.3 China Battery Energy Management System Market Size (2019-2030)
1.3.4 Europe Battery Energy Management System Market Size (2019-2030)
1.3.5 Japan Battery Energy Management System Market Size (2019-2030)
1.3.6 South Korea Battery Energy Management System Market Size (2019-2030)
1.3.7 ASEAN Battery Energy Management System Market Size (2019-2030)
1.3.8 India Battery Energy Management System Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Battery Energy Management System Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Battery Energy Management System Major Market Trends
2.1 World Battery Energy Management System Consumption Value (2019-2030)
2.2 World Battery Energy Management System Consumption Value by Region
2.2.1 World Battery Energy Management System Consumption Value by Region (2019-2024)
2.2.2 World Battery Energy Management System Consumption Value Forecast by Region (2025-2030)
2.3 United States Battery Energy Management System Consumption Value (2019-2030)
2.4 China Battery Energy Management System Consumption Value (2019-2030)
2.5 Europe Battery Energy Management System Consumption Value (2019-2030)
2.6 Japan Battery Energy Management System Consumption Value (2019-2030)
2.7 South Korea Battery Energy Management System Consumption Value (2019-2030)
2.8 ASEAN Battery Energy Management System Consumption Value (2019-2030)
2.9 India Battery Energy Management System Consumption Value (2019-2030)
3.1 World Battery Energy Management System Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Battery Energy Management System Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Battery Energy Management System in 2023
3.2.3 Global Concentration Ratios (CR8) for Battery Energy Management System in 2023
3.3 Battery Energy Management System Company Evaluation Quadrant
3.4 Battery Energy Management System Market: Overall Company Footprint Analysis
3.4.1 Battery Energy Management System Market: Region Footprint
3.4.2 Battery Energy Management System Market: Company Product Type Footprint
3.4.3 Battery Energy Management System 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
4.1 United States VS China: Battery Energy Management System Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Battery Energy Management System Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Battery Energy Management System Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Battery Energy Management System Consumption Value Comparison
4.2.1 United States VS China: Battery Energy Management System Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Battery Energy Management System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Battery Energy Management System Companies and Market Share, 2019-2024
4.3.1 United States Based Battery Energy Management System Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Battery Energy Management System Revenue, (2019-2024)
4.4 China Based Companies Battery Energy Management System Revenue and Market Share, 2019-2024
4.4.1 China Based Battery Energy Management System Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Battery Energy Management System Revenue, (2019-2024)
4.5 Rest of World Based Battery Energy Management System Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Battery Energy Management System Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Battery Energy Management System Revenue, (2019-2024)
5.1 World Battery Energy Management System Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Lithium Battery System
5.2.2 Lead Acid Battery System
5.2.3 Others Battery System
5.3 Market Segment by Type
5.3.1 World Battery Energy Management System Market Size by Type (2019-2024)
5.3.2 World Battery Energy Management System Market Size by Type (2025-2030)
5.3.3 World Battery Energy Management System Market Size Market Share by Type (2019-2030)
6.1 World Battery Energy Management System Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Power Station
6.2.2 Others
6.3 Market Segment by Application
6.3.1 World Battery Energy Management System Market Size by Application (2019-2024)
6.3.2 World Battery Energy Management System Market Size by Application (2025-2030)
6.3.3 World Battery Energy Management System Market Size by Application (2019-2030)
7.1 GE
7.1.1 GE Details
7.1.2 GE Major Business
7.1.3 GE Battery Energy Management System Product and Services
7.1.4 GE Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 GE Recent Developments/Updates
7.1.6 GE Competitive Strengths & Weaknesses
7.2 Honeywell
7.2.1 Honeywell Details
7.2.2 Honeywell Major Business
7.2.3 Honeywell Battery Energy Management System Product and Services
7.2.4 Honeywell Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Honeywell Recent Developments/Updates
7.2.6 Honeywell Competitive Strengths & Weaknesses
7.3 Schneider Electric
7.3.1 Schneider Electric Details
7.3.2 Schneider Electric Major Business
7.3.3 Schneider Electric Battery Energy Management System Product and Services
7.3.4 Schneider Electric Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Schneider Electric Recent Developments/Updates
7.3.6 Schneider Electric Competitive Strengths & Weaknesses
7.4 Johnson Controls
7.4.1 Johnson Controls Details
7.4.2 Johnson Controls Major Business
7.4.3 Johnson Controls Battery Energy Management System Product and Services
7.4.4 Johnson Controls Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Johnson Controls Recent Developments/Updates
7.4.6 Johnson Controls Competitive Strengths & Weaknesses
7.5 Hitachi ABB
7.5.1 Hitachi ABB Details
7.5.2 Hitachi ABB Major Business
7.5.3 Hitachi ABB Battery Energy Management System Product and Services
7.5.4 Hitachi ABB Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Hitachi ABB Recent Developments/Updates
7.5.6 Hitachi ABB Competitive Strengths & Weaknesses
7.6 Siemens
7.6.1 Siemens Details
7.6.2 Siemens Major Business
7.6.3 Siemens Battery Energy Management System Product and Services
7.6.4 Siemens Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 Siemens Recent Developments/Updates
7.6.6 Siemens Competitive Strengths & Weaknesses
7.7 Emerson Electric
7.7.1 Emerson Electric Details
7.7.2 Emerson Electric Major Business
7.7.3 Emerson Electric Battery Energy Management System Product and Services
7.7.4 Emerson Electric Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 Emerson Electric Recent Developments/Updates
7.7.6 Emerson Electric Competitive Strengths & Weaknesses
8.1 Battery Energy Management System Industry Chain
8.2 Battery Energy Management System Upstream Analysis
8.3 Battery Energy Management System Midstream Analysis
8.4 Battery Energy Management System Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Battery Energy Management System Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Battery Energy Management System Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Battery Energy Management System Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Battery Energy Management System Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Battery Energy Management System Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Battery Energy Management System Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Battery Energy Management System Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Battery Energy Management System Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Battery Energy Management System Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Battery Energy Management System Players in 2023
Table 12. World Battery Energy Management System Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Battery Energy Management System Company Evaluation Quadrant
Table 14. Head Office of Key Battery Energy Management System Player
Table 15. Battery Energy Management System Market: Company Product Type Footprint
Table 16. Battery Energy Management System Market: Company Product Application Footprint
Table 17. Battery Energy Management System Mergers & Acquisitions Activity
Table 18. United States VS China Battery Energy Management System Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Battery Energy Management System Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Battery Energy Management System Companies, Headquarters (States, Country)
Table 21. United States Based Companies Battery Energy Management System Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Battery Energy Management System Revenue Market Share (2019-2024)
Table 23. China Based Battery Energy Management System Companies, Headquarters (Province, Country)
Table 24. China Based Companies Battery Energy Management System Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Battery Energy Management System Revenue Market Share (2019-2024)
Table 26. Rest of World Based Battery Energy Management System Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Battery Energy Management System Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Battery Energy Management System Revenue Market Share (2019-2024)
Table 29. World Battery Energy Management System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Battery Energy Management System Market Size by Type (2019-2024) & (USD Million)
Table 31. World Battery Energy Management System Market Size by Type (2025-2030) & (USD Million)
Table 32. World Battery Energy Management System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Battery Energy Management System Market Size by Application (2019-2024) & (USD Million)
Table 34. World Battery Energy Management System Market Size by Application (2025-2030) & (USD Million)
Table 35. GE Basic Information, Area Served and Competitors
Table 36. GE Major Business
Table 37. GE Battery Energy Management System Product and Services
Table 38. GE Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. GE Recent Developments/Updates
Table 40. GE Competitive Strengths & Weaknesses
Table 41. Honeywell Basic Information, Area Served and Competitors
Table 42. Honeywell Major Business
Table 43. Honeywell Battery Energy Management System Product and Services
Table 44. Honeywell Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Honeywell Recent Developments/Updates
Table 46. Honeywell Competitive Strengths & Weaknesses
Table 47. Schneider Electric Basic Information, Area Served and Competitors
Table 48. Schneider Electric Major Business
Table 49. Schneider Electric Battery Energy Management System Product and Services
Table 50. Schneider Electric Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Schneider Electric Recent Developments/Updates
Table 52. Schneider Electric Competitive Strengths & Weaknesses
Table 53. Johnson Controls Basic Information, Area Served and Competitors
Table 54. Johnson Controls Major Business
Table 55. Johnson Controls Battery Energy Management System Product and Services
Table 56. Johnson Controls Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Johnson Controls Recent Developments/Updates
Table 58. Johnson Controls Competitive Strengths & Weaknesses
Table 59. Hitachi ABB Basic Information, Area Served and Competitors
Table 60. Hitachi ABB Major Business
Table 61. Hitachi ABB Battery Energy Management System Product and Services
Table 62. Hitachi ABB Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Hitachi ABB Recent Developments/Updates
Table 64. Hitachi ABB Competitive Strengths & Weaknesses
Table 65. Siemens Basic Information, Area Served and Competitors
Table 66. Siemens Major Business
Table 67. Siemens Battery Energy Management System Product and Services
Table 68. Siemens Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. Siemens Recent Developments/Updates
Table 70. Emerson Electric Basic Information, Area Served and Competitors
Table 71. Emerson Electric Major Business
Table 72. Emerson Electric Battery Energy Management System Product and Services
Table 73. Emerson Electric Battery Energy Management System Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 74. Global Key Players of Battery Energy Management System Upstream (Raw Materials)
Table 75. Battery Energy Management System Typical Customers
List of Figure
Figure 1. Battery Energy Management System Picture
Figure 2. World Battery Energy Management System Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Battery Energy Management System Total Market Size (2019-2030) & (USD Million)
Figure 4. World Battery Energy Management System Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Battery Energy Management System Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Battery Energy Management System Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Battery Energy Management System Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Battery Energy Management System Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Battery Energy Management System Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Battery Energy Management System Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Battery Energy Management System Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Battery Energy Management System Revenue (2019-2030) & (USD Million)
Figure 13. Battery Energy Management System Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 16. World Battery Energy Management System Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 18. China Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 23. India Battery Energy Management System Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Battery Energy Management System by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Battery Energy Management System Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Battery Energy Management System Markets in 2023
Figure 27. United States VS China: Battery Energy Management System Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Battery Energy Management System Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Battery Energy Management System Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Battery Energy Management System Market Size Market Share by Type in 2023
Figure 31. Lithium Battery System
Figure 32. Lead Acid Battery System
Figure 33. Others Battery System
Figure 34. World Battery Energy Management System Market Size Market Share by Type (2019-2030)
Figure 35. World Battery Energy Management System Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 36. World Battery Energy Management System Market Size Market Share by Application in 2023
Figure 37. Power Station
Figure 38. Others
Figure 39. Battery Energy Management System Industrial Chain
Figure 40. Methodology
Figure 41. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
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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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.
-
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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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.
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.
Companies Mentioned
GE Honeywell Schneider Electric Johnson Controls Hitachi ABB Siemens Emerson Electric
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