The global energy storage modules market is expected to grow at a CAGR of around 12.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for renewable energy sources and the need for grid stability. The three-phase ESM segment accounted for a share of over 50% in 2018, and is expected to maintain its dominance throughout the forecast period.
The telecom & grid application segment accounted for a share of over 40% in 2018, and is expected to maintain its dominance throughout the forecast period. North America was estimated to account for a share of over 30% in 2018, owing to high adoption rates among power industry players such as Duke Energy Corporation (US), Southern Company (US), Dominion Resources Incorporated (US) and Xcel Energy Incorporated (US).
- The growth in the global energy storage market is driven by the need for renewable power generation, increasing demand for electric vehicles, and government initiatives to reduce carbon emissions.
- Increasing investments in renewable power generation will drive the growth of the global energy storage market during the forecast period.
- Increasing demand for electric vehicles will also drive the growth of this market during the forecast period as they are more efficient than conventional vehicles and require less fuel consumption which reduces CO2 emissions per kilometer traveled by an average of 40%.
- Government initiatives such as feed-in tariffs (FITs) and renewable portfolio standards (RPS) are also driving this market due to their focus on reducing carbon emissions through increased use of renewables in electricity production.
Industry Growth Insights published a new data on “Energy Storage Modules (ESM) Market”. The research report is titled “Energy Storage Modules (ESM) Market research by Types (Single Phase ESM, Three Phase ESM), By Applications (Telecom & Grid, Power Industry, Aerospace, Automotive, Other), By Players/Companies ABB, CALB, Maxwell Technologies, Eaton, Scheider Electric, SONY, Design Net Engineering, Corvus Energy Systems, Panasonic, BYD, Siemens, S&C Electric Company, Eos Energy Storage”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Storage Modules (ESM) Market Research Report
By Type
Single Phase ESM, Three Phase ESM
By Application
Telecom & Grid, Power Industry, Aerospace, Automotive, Other
By Companies
ABB, CALB, Maxwell Technologies, Eaton, Scheider Electric, SONY, Design Net Engineering, Corvus Energy Systems, Panasonic, BYD, Siemens, S&C Electric Company, Eos Energy Storage
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Energy Storage Modules (ESM) Market Report Segments:
The global Energy Storage Modules (ESM) market is segmented on the basis of:
Types
Single Phase ESM, Three Phase ESM
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
Telecom & Grid, Power Industry, Aerospace, Automotive, Other
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
- CALB
- Maxwell Technologies
- Eaton
- Scheider Electric
- SONY
- Design Net Engineering
- Corvus Energy Systems
- Panasonic
- BYD
- Siemens
- S&C Electric Company
- Eos Energy Storage
 Market Overview.svg)
Highlights of The Energy Storage Modules (ESM) 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:
- Single Phase ESM
- Three Phase ESM
- By Application:
- Telecom & Grid
- Power Industry
- Aerospace
- Automotive
- Other
- 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 Modules (ESM) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 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 Modules (ESM) are a type of battery that can be used to store energy. ESM batteries can be used to power devices such as phones, laptops, and cars.
Some of the major companies in the energy storage modules (esm) market are ABB, CALB, Maxwell Technologies, Eaton, Scheider Electric, SONY, Design Net Engineering, Corvus Energy Systems, Panasonic, BYD, Siemens, S&C Electric Company, Eos Energy Storage.
The energy storage modules (esm) market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Energy Storage Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) Market - Supply Chain
4.5. Global Energy Storage Modules (ESM) Market Forecast
4.5.1. Energy Storage Modules (ESM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Energy Storage Modules (ESM) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Energy Storage Modules (ESM) Market Absolute $ Opportunity
5. Global Energy Storage Modules (ESM) 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 Modules (ESM) Market Size and Volume Forecast by Type
5.3.1. Single Phase ESM
5.3.2. Three Phase ESM
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Energy Storage Modules (ESM) 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 Modules (ESM) Market Size and Volume Forecast by Application
6.3.1. Telecom & Grid
6.3.2. Power Industry
6.3.3. Aerospace
6.3.4. Automotive
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Energy Storage Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) Demand Share Forecast, 2019-2026
9. North America Energy Storage Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) Market Size and Volume Forecast by Application
9.4.1. Telecom & Grid
9.4.2. Power Industry
9.4.3. Aerospace
9.4.4. Automotive
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Energy Storage Modules (ESM) Market Size and Volume Forecast by Type
9.7.1. Single Phase ESM
9.7.2. Three Phase ESM
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 Modules (ESM) Demand Share Forecast, 2019-2026
10. Latin America Energy Storage Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) Market Size and Volume Forecast by Application
10.4.1. Telecom & Grid
10.4.2. Power Industry
10.4.3. Aerospace
10.4.4. Automotive
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Energy Storage Modules (ESM) Market Size and Volume Forecast by Type
10.7.1. Single Phase ESM
10.7.2. Three Phase ESM
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 Modules (ESM) Demand Share Forecast, 2019-2026
11. Europe Energy Storage Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) Market Size and Volume Forecast by Application
11.4.1. Telecom & Grid
11.4.2. Power Industry
11.4.3. Aerospace
11.4.4. Automotive
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Energy Storage Modules (ESM) Market Size and Volume Forecast by Type
11.7.1. Single Phase ESM
11.7.2. Three Phse ESM
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 Modules (ESM) Demand Share, 2019-2026
12. Asia Pacific Energy Storage Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) Market Size and Volume Forecast by Application
12.4.1. Telecom & Grid
12.4.2. Power Industry
12.4.3. Aerospace
12.4.4. Automotive
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Energy Storage Modules (ESM) Market Size and Volume Forecast by Type
12.7.1. Single Phase ESM
12.7.2. Three Phase ESM
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 Modules (ESM) Demand Share, 2019-2026
13. Middle East & Africa Energy Storage Modules (ESM) 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 Modules (ESM) 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 Modules (ESM) Market Size and Volume Forecast by Application
13.4.1. Telecom & Grid
13.4.2. Power Industry
13.4.3. Aerospace
13.4.4. Automotive
13.4.5. Other
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 Modules (ESM) Market Size and Volume Forecast by Type
13.7.1. Single Phase ESM
13.7.2. Three Phase ESM
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 Modules (ESM) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Energy Storage Modules (ESM) Market: Market Share Analysis
14.2. Energy Storage Modules (ESM) Distributors and Customers
14.3. Energy Storage Modules (ESM) 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. CALB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maxwell Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eaton
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Scheider Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SONY
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Design Net Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Corvus Energy Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Panasonic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. BYD
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Siemens
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. S&C Electric Company
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Eos Energy Storage
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
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
