The global energy storage for renewable energy grid integration market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for renewable energy sources and the need for efficient power management systems. The increasing demand for electric vehicles and their batteries as well as the growing need to store solar power are also driving this market.
The global ESRI market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into lead acid battery and lithium ion battery. On the basis of application, it is segmented into agriculture, construction, power & water utility (P&WU), real estate (RE), journalism (J), cinematography (C), transportation (T) and energy sector (E). On the basis of region it includes North America, Latin America Europe Asia Pacific Middle East & Africa.
- The ESRI market is driven by the need for renewable energy grid integration, which is increasing due to the rise in global population and demand for electricity.
- The ESRI market growth will be driven by the need for storage solutions that are cost-effective and efficient, as well as scalable and flexible enough to meet the needs of different customers with varying requirements.
- The ESRI market growth will also be driven by increased investments in renewable energy sources such as solar power, wind power, hydroelectricity, geothermal power etc, which are expected to increase significantly over the next few years due to their low carbon emissions and environmental benefits compared with fossil fuels such as coal or natural gas that produce high levels of greenhouse gases when burned for electricity generation purposes.
- Increasing investments in renewable energy sources will also drive demand for storage solutions that can store excess electricity generated during periods of high production so it can be used during periods when production falls below demand levels or when there is no sunlight or wind available (e.g., at night).
Industry Growth Insights published a new data on “Energy Storage for Renewable Energy Grid Integration (ESRI) Market”. The research report is titled “Energy Storage for Renewable Energy Grid Integration (ESRI) Market research by Types (Li-ion battery, Lead acid battery, Others), By Applications (Agriculture, Construction, Power And Water Utility, Real Estate, Journalism, Cinematography, Transportation, Energy Sector), By Players/Companies Abb, East Penn Manufacturing, Lg Chem, Robert Bosch, The Aes, Alevo Group, Beacon Power, Byd, Exide Technologies, General Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Storage for Renewable Energy Grid Integration (ESRI) Market Research Report
By Type
Li-ion battery, Lead acid battery, Others
By Application
Agriculture, Construction, Power And Water Utility, Real Estate, Journalism, Cinematography, Transportation, Energy Sector
By Companies
Abb, East Penn Manufacturing, Lg Chem, Robert Bosch, The Aes, Alevo Group, Beacon Power, Byd, Exide Technologies, General Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market Report Segments:
The global Energy Storage for Renewable Energy Grid Integration (ESRI) market is segmented on the basis of:
Types
Li-ion battery, Lead acid battery, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Construction, Power And Water Utility, Real Estate, Journalism, Cinematography, Transportation, Energy Sector
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abb
- East Penn Manufacturing
- Lg Chem
- Robert Bosch
- The Aes
- Alevo Group
- Beacon Power
- Byd
- Exide Technologies
- General Electric
 Market Overview.svg)
Highlights of The Energy Storage for Renewable Energy Grid Integration (ESRI) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Li-ion battery
- Lead acid battery
- Others
- By Application:
- Agriculture
- Construction
- Power And Water Utility
- Real Estate
- Journalism
- Cinematography
- Transportation
- Energy Sector
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Energy Storage for Renewable Energy Grid Integration (ESRI) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Energy storage is a technology that can be used to store energy from renewable sources, such as solar and wind power, for later use. This can help to stabilize the grid and reduce the need for electricity from fossil fuels. Energy storage can also help to improve the reliability of renewable energy systems by providing backup power when needed.
Some of the major players in the energy storage for renewable energy grid integration (esri) market are Abb, East Penn Manufacturing, Lg Chem, Robert Bosch, The Aes, Alevo Group, Beacon Power, Byd, Exide Technologies, General Electric.
The energy storage for renewable energy grid integration (esri) market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Energy Storage for Renewable Energy Grid Integration (ESRI) Market - Supply Chain
4.5. Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market Forecast
4.5.1. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Absolute $ Opportunity
5. Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Type
5.3.1. Li-ion battery
5.3.2. Lead acid battery
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Construction
6.3.3. Power And Water Utility
6.3.4. Real Estate
6.3.5. Journalism
6.3.6. Cinematography
6.3.7. Transportation
6.3.8. Energy Sector
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Energy Storage for Renewable Energy Grid Integration (ESRI) Demand Share Forecast, 2019-2029
9. North America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Construction
9.4.3. Power And Water Utility
9.4.4. Real Estate
9.4.5. Journalism
9.4.6. Cinematography
9.4.7. Transportation
9.4.8. Energy Sector
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Type
9.7.1. Li-ion battery
9.7.2. Lead acid battery
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Energy Storage for Renewable Energy Grid Integration (ESRI) Demand Share Forecast, 2019-2029
10. Latin America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Construction
10.4.3. Power And Water Utility
10.4.4. Real Estate
10.4.5. Journalism
10.4.6. Cinematography
10.4.7. Transportation
10.4.8. Energy Sector
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Type
10.7.1. Li-ion battery
10.7.2. Lead acid battery
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Energy Storage for Renewable Energy Grid Integration (ESRI) Demand Share Forecast, 2019-2029
11. Europe Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Construction
11.4.3. Power And Water Utility
11.4.4. Real Estate
11.4.5. Journalism
11.4.6. Cinematography
11.4.7. Transportation
11.4.8. Energy Sector
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Type
11.7.1. Li-ion battery
11.7.2. Lead acid battery
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Energy Storage for Renewable Energy Grid Integration (ESRI) Demand Share, 2019-2029
12. Asia Pacific Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Construction
12.4.3. Power And Water Utility
12.4.4. Real Estate
12.4.5. Journalism
12.4.6. Cinematography
12.4.7. Transportation
12.4.8. Energy Sector
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Type
12.7.1. Li-ion battery
12.7.2. Lead acid battery
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Energy Storage for Renewable Energy Grid Integration (ESRI) Demand Share, 2019-2029
13. Middle East & Africa Energy Storage for Renewable Energy Grid Integration (ESRI) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Construction
13.4.3. Power And Water Utility
13.4.4. Real Estate
13.4.5. Journalism
13.4.6. Cinematography
13.4.7. Transportation
13.4.8. Energy Sector
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Energy Storage for Renewable Energy Grid Integration (ESRI) Market Size and Volume Forecast by Type
13.7.1. Li-ion battery
13.7.2. Lead acid battery
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Energy Storage for Renewable Energy Grid Integration (ESRI) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Energy Storage for Renewable Energy Grid Integration (ESRI) Market: Market Share Analysis
14.2. Energy Storage for Renewable Energy Grid Integration (ESRI) Distributors and Customers
14.3. Energy Storage for Renewable Energy Grid Integration (ESRI) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abb
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. East Penn Manufacturing
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lg Chem
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Robert Bosch
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. The Aes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Alevo Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Beacon Power
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Byd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Exide Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. General Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
