Energy Storage is a crucial tool for enabling the effective integration of renewable energy and unlocking the benefits of local generation and a clean, resilient energy supply. The technology continues to prove its value to grid operators around the world who must manage the variable generation of solar and wind energy. However, the development of advanced energy storage systems (ESS) has been highly concentrated in select markets, primarily in regions with highly developed economies. Despite rapidly falling costs, ESSs remain expensive and the significant upfront investment required is difficult to overcome without government support and/or low-cost financing. This type of advanced technology requires significant knowledge and expertise to be developed and operated cost-effectively.
The Energy Storage for Grid System market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.

Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.

In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Energy Storage for Grid System industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.

The Energy Storage for Grid System market can be split based on product types, major applications, and important countries as follows:

Key players in the global Energy Storage for Grid System market covered in Chapter 12:
Seeo, Inc.
AES Energy Storage, LLC
SK Holdings.
Convergent Energy and Power Inc.
Autobat SACI
Ionotec Ltd
Eguana Technologies
Tata Power
LG Chem.
Imergy Power Systems.
Beacon Power, LLC
Exide Industries Ltd.
BYD Company Limited
SMA Solar Technology AG
ABB Ltd.
S&C Electric Company
Greensmith Energy Management Systems
Scheider Electric
Eos Energy Storage
Enerbrax Acumuladores Ltda

In Chapter 4 and 14.1, on the basis of types, the Energy Storage for Grid System market from 2015 to 2025 is primarily split into:
Electrochemical Storage
Mechanical Storage
Thermal Storage

In Chapter 5 and 14.2, on the basis of applications, the Energy Storage for Grid System market from 2015 to 2025 covers:
Residential
Non-Residential
Utilities
Automotive

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others

Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025