Insights into the Industry
The off-grid energy storage system industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of off-grid energy storage system ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the off-grid energy storage system market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards off-grid energy storage system 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the off-grid energy storage system industry and impacting its growth. Our report divides the off-grid energy storage system market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global off-grid energy storage system market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Off-Grid Energy Storage System Market research report which is segmented by Products (Lithium-ion Battery, Lead-acid Battery, Others), by Applications (Family Backup Power, Industrial UPS, Unattended Equipment, Others), by Key Players/Companies Samsung SDI, NEC Energy Solutions, Sonnen, SAFT, Enphase, Sumitomo Electric Industries, EnerSys, Aquion Energy, Toshiba, CALB, LG Chem, Fronius, Mitsubishi Heavy Industries, ZEN Energy”. In 2020, the global off-grid energy storage system market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Off-Grid Energy Storage System Market Research Report |
| By Products | Lithium-ion Battery, Lead-acid Battery, Others |
| By Applications | Family Backup Power, Industrial UPS, Unattended Equipment, Others |
| By Key Players | Samsung SDI, NEC Energy Solutions, Sonnen, SAFT, Enphase, Sumitomo Electric Industries, EnerSys, Aquion Energy, Toshiba, CALB, LG Chem, Fronius, Mitsubishi Heavy Industries, ZEN Energy |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 122 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global off-grid energy storage system industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, off-grid energy storage system industry study report has included all major manufacturers and distributors operating in the off-grid energy storage system market across all major regions.
Off-Grid Energy Storage System Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating off-grid energy storage system market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Off-Grid Energy Storage System Market Key Trends Analysis
The key factors influencing the growth of the off-grid energy storage system market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Off-Grid Energy Storage System Market Key Segment Analysis
The report delivers a critical assessment on the off-grid energy storage system market by segmenting it based on Products, Applications, and region. All the segments and categories of the off-grid energy storage system market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global off-grid energy storage system market is segmented into Lithium-ion Battery, Lead-acid Battery, Others. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Family Backup Power, Industrial UPS, Unattended Equipment, Others. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the off-grid energy storage system market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Off-Grid Energy Storage System Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global off-grid energy storage system market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the off-grid energy storage system market.
Some of the leading players profiled in the global off-grid energy storage system market are,
- Samsung SDI
- NEC Energy Solutions
- Sonnen
- SAFT
- Enphase
- Sumitomo Electric Industries
- EnerSys
- Aquion Energy
- Toshiba
- CALB
- LG Chem
- Fronius
- Mitsubishi Heavy Industries
- ZEN Energy
The Key Audiences for Off-Grid Energy Storage System Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the off-grid energy storage system market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global off-grid energy storage system market are as follows:
Global Off-Grid Energy Storage System Market: By Products
- Lithium-ion Battery
- Lead-acid Battery
- Others
Global Off-Grid Energy Storage System Market: By Applications
- Family Backup Power
- Industrial UPS
- Unattended Equipment
- Others
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major off-grid energy storage system . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Off-Grid Energy Storage System market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Samsung SDI
- NEC Energy Solutions
- Sonnen
- SAFT
- Enphase
- Sumitomo Electric Industries
- EnerSys
- Aquion Energy
- Toshiba
- CALB
- LG Chem
- Fronius
- Mitsubishi Heavy Industries
- ZEN Energy
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Off-Grid Energy Storage System Market Share by Type (2020-2026) 1.5.2 Lithium-ion Battery 1.5.3 Lead-acid Battery 1.5.4 Others 1.6 Market by Application 1.6.1 Global Off-Grid Energy Storage System Market Share by Application (2020-2026) 1.6.2 Family Backup Power 1.6.3 Industrial UPS 1.6.4 Unattended Equipment 1.6.5 Others 1.7 Off-Grid Energy Storage System Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Off-Grid Energy Storage System Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Off-Grid Energy Storage System Market 3.1 Value Chain Status 3.2 Off-Grid Energy Storage System Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Off-Grid Energy Storage System 3.2.3 Labor Cost of Off-Grid Energy Storage System 3.2.3.1 Labor Cost of Off-Grid Energy Storage System Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Samsung SDI 4.1.1 Samsung SDI Basic Information 4.1.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.1.3 Samsung SDI Off-Grid Energy Storage System Market Performance (2015-2020) 4.1.4 Samsung SDI Business Overview 4.2 NEC Energy Solutions 4.2.1 NEC Energy Solutions Basic Information 4.2.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.2.3 NEC Energy Solutions Off-Grid Energy Storage System Market Performance (2015-2020) 4.2.4 NEC Energy Solutions Business Overview 4.3 Sonnen 4.3.1 Sonnen Basic Information 4.3.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.3.3 Sonnen Off-Grid Energy Storage System Market Performance (2015-2020) 4.3.4 Sonnen Business Overview 4.4 SAFT 4.4.1 SAFT Basic Information 4.4.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.4.3 SAFT Off-Grid Energy Storage System Market Performance (2015-2020) 4.4.4 SAFT Business Overview 4.5 Enphase 4.5.1 Enphase Basic Information 4.5.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.5.3 Enphase Off-Grid Energy Storage System Market Performance (2015-2020) 4.5.4 Enphase Business Overview 4.6 Sumitomo Electric Industries 4.6.1 Sumitomo Electric Industries Basic Information 4.6.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.6.3 Sumitomo Electric Industries Off-Grid Energy Storage System Market Performance (2015-2020) 4.6.4 Sumitomo Electric Industries Business Overview 4.7 EnerSys 4.7.1 EnerSys Basic Information 4.7.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.7.3 EnerSys Off-Grid Energy Storage System Market Performance (2015-2020) 4.7.4 EnerSys Business Overview 4.8 Aquion Energy 4.8.1 Aquion Energy Basic Information 4.8.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.8.3 Aquion Energy Off-Grid Energy Storage System Market Performance (2015-2020) 4.8.4 Aquion Energy Business Overview 4.9 Toshiba 4.9.1 Toshiba Basic Information 4.9.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.9.3 Toshiba Off-Grid Energy Storage System Market Performance (2015-2020) 4.9.4 Toshiba Business Overview 4.10 CALB 4.10.1 CALB Basic Information 4.10.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.10.3 CALB Off-Grid Energy Storage System Market Performance (2015-2020) 4.10.4 CALB Business Overview 4.11 LG Chem 4.11.1 LG Chem Basic Information 4.11.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.11.3 LG Chem Off-Grid Energy Storage System Market Performance (2015-2020) 4.11.4 LG Chem Business Overview 4.12 Fronius 4.12.1 Fronius Basic Information 4.12.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.12.3 Fronius Off-Grid Energy Storage System Market Performance (2015-2020) 4.12.4 Fronius Business Overview 4.13 Mitsubishi Heavy Industries 4.13.1 Mitsubishi Heavy Industries Basic Information 4.13.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.13.3 Mitsubishi Heavy Industries Off-Grid Energy Storage System Market Performance (2015-2020) 4.13.4 Mitsubishi Heavy Industries Business Overview 4.14 ZEN Energy 4.14.1 ZEN Energy Basic Information 4.14.2 Off-Grid Energy Storage System Product Profiles, Application and Specification 4.14.3 ZEN Energy Off-Grid Energy Storage System Market Performance (2015-2020) 4.14.4 ZEN Energy Business Overview 5 Global Off-Grid Energy Storage System Market Analysis by Regions 5.1 Global Off-Grid Energy Storage System Sales, Revenue and Market Share by Regions 5.1.1 Global Off-Grid Energy Storage System Sales by Regions (2015-2020) 5.1.2 Global Off-Grid Energy Storage System Revenue by Regions (2015-2020) 5.2 North America Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 5.3 Europe Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 5.6 South America Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 6 North America Off-Grid Energy Storage System Market Analysis by Countries 6.1 North America Off-Grid Energy Storage System Sales, Revenue and Market Share by Countries 6.1.1 North America Off-Grid Energy Storage System Sales by Countries (2015-2020) 6.1.2 North America Off-Grid Energy Storage System Revenue by Countries (2015-2020) 6.1.3 North America Off-Grid Energy Storage System Market Under COVID-19 6.2 United States Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 6.2.1 United States Off-Grid Energy Storage System Market Under COVID-19 6.3 Canada Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 6.4 Mexico Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 7 Europe Off-Grid Energy Storage System Market Analysis by Countries 7.1 Europe Off-Grid Energy Storage System Sales, Revenue and Market Share by Countries 7.1.1 Europe Off-Grid Energy Storage System Sales by Countries (2015-2020) 7.1.2 Europe Off-Grid Energy Storage System Revenue by Countries (2015-2020) 7.1.3 Europe Off-Grid Energy Storage System Market Under COVID-19 7.2 Germany Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 7.2.1 Germany Off-Grid Energy Storage System Market Under COVID-19 7.3 UK Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 7.3.1 UK Off-Grid Energy Storage System Market Under COVID-19 7.4 France Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 7.4.1 France Off-Grid Energy Storage System Market Under COVID-19 7.5 Italy Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 7.5.1 Italy Off-Grid Energy Storage System Market Under COVID-19 7.6 Spain Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 7.6.1 Spain Off-Grid Energy Storage System Market Under COVID-19 7.7 Russia Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 7.7.1 Russia Off-Grid Energy Storage System Market Under COVID-19 8 Asia-Pacific Off-Grid Energy Storage System Market Analysis by Countries 8.1 Asia-Pacific Off-Grid Energy Storage System Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Off-Grid Energy Storage System Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Off-Grid Energy Storage System Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Off-Grid Energy Storage System Market Under COVID-19 8.2 China Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 8.2.1 China Off-Grid Energy Storage System Market Under COVID-19 8.3 Japan Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 8.3.1 Japan Off-Grid Energy Storage System Market Under COVID-19 8.4 South Korea Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 8.4.1 South Korea Off-Grid Energy Storage System Market Under COVID-19 8.5 Australia Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 8.6 India Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 8.6.1 India Off-Grid Energy Storage System Market Under COVID-19 8.7 Southeast Asia Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Off-Grid Energy Storage System Market Under COVID-19 9 Middle East and Africa Off-Grid Energy Storage System Market Analysis by Countries 9.1 Middle East and Africa Off-Grid Energy Storage System Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Off-Grid Energy Storage System Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Off-Grid Energy Storage System Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Off-Grid Energy Storage System Market Under COVID-19 9.2 Saudi Arabia Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 9.3 UAE Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 9.4 Egypt Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 9.5 Nigeria Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 9.6 South Africa Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 10 South America Off-Grid Energy Storage System Market Analysis by Countries 10.1 South America Off-Grid Energy Storage System Sales, Revenue and Market Share by Countries 10.1.1 South America Off-Grid Energy Storage System Sales by Countries (2015-2020) 10.1.2 South America Off-Grid Energy Storage System Revenue by Countries (2015-2020) 10.1.3 South America Off-Grid Energy Storage System Market Under COVID-19 10.2 Brazil Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 10.2.1 Brazil Off-Grid Energy Storage System Market Under COVID-19 10.3 Argentina Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 10.4 Columbia Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 10.5 Chile Off-Grid Energy Storage System Sales and Growth Rate (2015-2020) 11 Global Off-Grid Energy Storage System Market Segment by Types 11.1 Global Off-Grid Energy Storage System Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Off-Grid Energy Storage System Sales and Market Share by Types (2015-2020) 11.1.2 Global Off-Grid Energy Storage System Revenue and Market Share by Types (2015-2020) 11.2 Lithium-ion Battery Sales and Price (2015-2020) 11.3 Lead-acid Battery Sales and Price (2015-2020) 11.4 Others Sales and Price (2015-2020) 12 Global Off-Grid Energy Storage System Market Segment by Applications 12.1 Global Off-Grid Energy Storage System Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Off-Grid Energy Storage System Sales and Market Share by Applications (2015-2020) 12.1.2 Global Off-Grid Energy Storage System Revenue and Market Share by Applications (2015-2020) 12.2 Family Backup Power Sales, Revenue and Growth Rate (2015-2020) 12.3 Industrial UPS Sales, Revenue and Growth Rate (2015-2020) 12.4 Unattended Equipment Sales, Revenue and Growth Rate (2015-2020) 12.5 Others Sales, Revenue and Growth Rate (2015-2020) 13 Off-Grid Energy Storage System Market Forecast by Regions (2020-2026) 13.1 Global Off-Grid Energy Storage System Sales, Revenue and Growth Rate (2020-2026) 13.2 Off-Grid Energy Storage System Market Forecast by Regions (2020-2026) 13.2.1 North America Off-Grid Energy Storage System Market Forecast (2020-2026) 13.2.2 Europe Off-Grid Energy Storage System Market Forecast (2020-2026) 13.2.3 Asia-Pacific Off-Grid Energy Storage System Market Forecast (2020-2026) 13.2.4 Middle East and Africa Off-Grid Energy Storage System Market Forecast (2020-2026) 13.2.5 South America Off-Grid Energy Storage System Market Forecast (2020-2026) 13.3 Off-Grid Energy Storage System Market Forecast by Types (2020-2026) 13.4 Off-Grid Energy Storage System Market Forecast by Applications (2020-2026) 13.5 Off-Grid Energy Storage System Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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