Market Overview:
The global mobile energy storage system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources and the need for backup power systems. The global mobile energy storage system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into Li-ion battery, sodium-based battery, lead-acid battery, and others. The Li-ion battery segment is expected to hold a major share in terms of revenue in 2018 owing to its high efficiency and long life cycle. On the basis of application, the market is divided into residential, commercial, industrial, and others segments. The industrial sector accounted for a major share in terms of revenue in 2017 owing to increased demand from data centers and electric vehicles (EVs).
Product Definition:
Mobile energy storage systems (MESS) are devices that store energy in a portable form. They can be used to power electric vehicles, or to provide backup power in the event of a grid failure. MESS units are important because they allow for the storage of solar and wind energy, which can then be used when the sun isn't shining or the wind isn't blowing.
Li-ion battery:
A Li-ion battery is a type of rechargeable battery that uses lithium ions as the active material. The performance and safety standards for these batteries are very high compared to traditional batteries, which has led to its increasing usage in portable consumer electronics such as smartphones and tablets, electric vehicles, laptops/netbooks along with other applications including power tools.
Sodium-based battery:
Sodium-based battery (NaB) is a rechargeable battery having sodium as an electrolyte. It has higher energy density than lithium-ion batteries and also offers faster charging time. The primary reason for its preference over the latter is that it does not require complex manufacturing processes, which are required to convert liquid lithium ion into a gaseous one for continued operation.
The global NaB market size was valued at USD 2 billion in 2016.
Application Insights:
The others application segment includes transportation, grid-scale energy storage systems and renewable energy storage systems. The growth of the Others segment can be attributed to the growing demand for AGM batteries in off-grid applications such as agricultural and marine. Increasing penetration of solar photovoltaic (PV) panels has led to an increased requirement for long duration battery packs for providing power during cloudy weather or when there is a lack of sunlight. This has resulted in increased demand for mobile energy storage system across various applications.
The residential sector accounted for more than 50% market share in 2017 owing to rising number of households with solar PV installations that require large scale battery packs, particularly across North America region. In addition, increasing government support towards installation of residential solar PV kits will further increase the need foĩr mobile MESA units over next few years which will drive industry expansion over the forecast period in this region alone.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for mobile energy storage systems from various end-use sectors, such as commercial and industrial, especially in developing countries like China and India. Rapid urbanization coupled with growing population has resulted in increased demand for electricity across Asia Pacific region which is anticipated to drive the industry growth over the next eight years.
The Middle East & Africa (MEA) market was valued at USD X million in 2017 owing to high oil prices that have encouraged governments of oil-exporting countries including Saudi Arabia and UAE to invest huge amounts on energy infrastructure development projects including renewable energy sources such as wind farms and solar panels installation on buildings etc., thereby driving industry growth over next eight years.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for mobile energy storage systems as they are used to store energy from charging stations.
- Development of smart cities: As governments around the world focus on developing smart cities, there will be an increased need for mobile energy storage systems that can help manage power requirements efficiently.
- Expansion of renewable energy sources: Renewable sources such as solar and wind power are becoming increasingly popular due to their low environmental impact and growing acceptance among consumers. This is likely to result in a higher demand for mobile energy storage systems that can store excess power generated from these sources during off-peak hours.
- Proliferation of IoT devices: The number of IoT devices is expected to grow rapidly in the coming years, with estimates suggesting that there will be over 30 billion connected devices by 2020 . This will create a greater need for efficient and reliable mobile energy storage systems that can support the high data throughput rates required by these devices.. 5) Growing concerns about climate change: There has been a growing awareness about climate change in recent years, with more people demanding action from businesses and governments alike
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Energy Storage System Market Research Report
By Type
Li-ion battery, Sodium-based battery, Lead-acid battery, Others
By Application
Residential, Commercial, Industrial, Others
By Companies
Aquion Energy, Green Charge, LG Chem, Panasonic, NEC Energy Solutions, NRG Energy, Amperex Technology, Boston Power, China Aviation Lithium Battery, EnerSys, GE Energy Storage, Mitsubishi Heavy Industries, Primus Power, SAFT, Sumitomo Electric Industries, Toshiba
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Energy Storage System Market Report Segments:
The global Mobile Energy Storage System market is segmented on the basis of:
Types
Li-ion battery, Sodium-based 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
Residential, Commercial, Industrial, Others
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:
- Aquion Energy
- Green Charge
- LG Chem
- Panasonic
- NEC Energy Solutions
- NRG Energy
- Amperex Technology
- Boston Power
- China Aviation Lithium Battery
- EnerSys
- GE Energy Storage
- Mitsubishi Heavy Industries
- Primus Power
- SAFT
- Sumitomo Electric Industries
- Toshiba
Highlights of The Mobile Energy Storage System 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
- Sodium-based battery
- Lead-acid battery
- Others
- By Application:
- Residential
- Commercial
- Industrial
- Others
- 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 Mobile Energy Storage System 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
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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?
A mobile energy storage system (MESS) is a type of electric vehicle battery pack that can be moved to provide power when and where it is needed. MESSes are typically used in conjunction with renewable energy sources, such as solar or wind, to help stabilize the grid.
Some of the major companies in the mobile energy storage system market are Aquion Energy, Green Charge, LG Chem, Panasonic, NEC Energy Solutions, NRG Energy, Amperex Technology, Boston Power, China Aviation Lithium Battery, EnerSys, GE Energy Storage, Mitsubishi Heavy Industries, Primus Power, SAFT, Sumitomo Electric Industries, Toshiba.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mobile Energy Storage System 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. Mobile Energy Storage System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mobile Energy Storage System Market - Supply Chain
4.5. Global Mobile Energy Storage System Market Forecast
4.5.1. Mobile Energy Storage System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mobile Energy Storage System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mobile Energy Storage System Market Absolute $ Opportunity
5. Global Mobile Energy Storage System 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. Mobile Energy Storage System Market Size and Volume Forecast by Type
5.3.1. Li-ion battery
5.3.2. Sodium-based battery
5.3.3. Lead-acid battery
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mobile Energy Storage System 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. Mobile Energy Storage System Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.3.3. Industrial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mobile Energy Storage System 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. Mobile Energy Storage System 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 Mobile Energy Storage System 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. Mobile Energy Storage System 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 Mobile Energy Storage System Demand Share Forecast, 2019-2026
9. North America Mobile Energy Storage System 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 Mobile Energy Storage System 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 Mobile Energy Storage System Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.4.3. Industrial
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mobile Energy Storage System Market Size and Volume Forecast by Type
9.7.1. Li-ion battery
9.7.2. Sodium-based battery
9.7.3. Lead-acid battery
9.7.4. 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 Mobile Energy Storage System Demand Share Forecast, 2019-2026
10. Latin America Mobile Energy Storage System 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 Mobile Energy Storage System 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 Mobile Energy Storage System Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.4.3. Industrial
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mobile Energy Storage System Market Size and Volume Forecast by Type
10.7.1. Li-ion battery
10.7.2. Sodium-based battery
10.7.3. Lead-acid battery
10.7.4. 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 Mobile Energy Storage System Demand Share Forecast, 2019-2026
11. Europe Mobile Energy Storage System 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 Mobile Energy Storage System 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 Mobile Energy Storage System Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.4.3. Industrial
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mobile Energy Storage System Market Size and Volume Forecast by Type
11.7.1. Li-ion battery
11.7.2. Sodium-based battery
11.7.3. Lead-acid battery
11.7.4.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 Mobile Energy Storage System Demand Share, 2019-2026
12. Asia Pacific Mobile Energy Storage System 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 Mobile Energy Storage System 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 Mobile Energy Storage System Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.4.3. Industrial
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mobile Energy Storage System Market Size and Volume Forecast by Type
12.7.1. Li-ion battery
12.7.2. Sodium-based battery
12.7.3. Lead-acid battery
12.7.4. 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 Mobile Energy Storage System Demand Share, 2019-2026
13. Middle East & Africa Mobile Energy Storage System 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 Mobile Energy Storage System 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 Mobile Energy Storage System Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.4.3. Industrial
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mobile Energy Storage System Market Size and Volume Forecast by Type
13.7.1. Li-ion battery
13.7.2. Sodium-based battery
13.7.3. Lead-acid battery
13.7.4. 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 Mobile Energy Storage System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mobile Energy Storage System Market: Market Share Analysis
14.2. Mobile Energy Storage System Distributors and Customers
14.3. Mobile Energy Storage System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Aquion Energy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Green Charge
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. Panasonic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NEC Energy Solutions
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NRG Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Amperex Technology
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Boston Power
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. China Aviation Lithium Battery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. EnerSys
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GE Energy Storage
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mitsubishi Heavy Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Primus Power
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SAFT
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sumitomo Electric Industries
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Toshiba
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
