한글목차

장기 에너지 저장 시장 규모는 2024년 36억 4,000만 달러에서 2030년에는 86억 1,000만 달러에 달할 것으로 예측되며, 예측 기간 중 CAGR은 15.4%에 달할 것으로 보이고 있습니다.

태양광과 풍력에서 다른 유형의 에너지에 이르기까지 전 세계에서 재생 에너지원에 대한 노력이 점점 더 활발해지고 있으며, 간헐성 문제를 극복하기 위해 장기 에너지 저장이 필요하게 되었습니다. 에너지 저장은 에너지 생산 시기와 전력망 수요 사이의 간격을 메워 안정적인 전력망을 보장하고 청정 에너지원의 신뢰성을 향상시킬 수 있습니다. 정부와 전력회사가 재생에너지 프로젝트에 투자하면 일정 기간 중 전력을 저장하는 축전시스템에 대한 수요가 발생합니다. 한편, 낡은 전력망은 전력 수요를 증가시키고 재생 에너지 원의 분산형 배전에 대한 통합에 기여하고 있으며, LDES는 기존 인프라를 현대화하고 기존 배전 인프라를 업그레이드하는 방향으로 기존 배전 인프라를 업그레이드하는 방향으로 그 변동폭을 해결하기 위해 다용도한 전력 저장 솔루션을 찾습니다. 송전망의 현대화는 효율성, 복원력 향상, 재생 전원의 원활한 보급을 통해 신흥 경제국들의 LDES 보급을 촉진할 것입니다.

태양광발전소나 풍력발전소와 같은 대규모 재생 에너지 발전 프로젝트가 성장함에 따라 간헐적인 발전을 안정화하기 위해 강력한 에너지 저장 시스템이 필요합니다. 발전량이 많을 때 잉여 에너지를 저장했다가 수요가 많을 때 방출하여 재생에너지 통합을 원활하게 할 수 있으므로 50-100MW의 용량 범위는 이러한 프로젝트에 가장 적합합니다. 전력망은 재생 자원의 변동과 전력 수요 증가에 노출되어 있습니다. 따라서 50-100MW 용량의 저장 시스템은 전력망 안정화, 혼잡 완화, 주파수 및 전압 안정성 유지, 그리고 전력망의 안정적인 운영을 보장하는 데 중요한 역할을 합니다. 따라서 이 용량 범위는 선진국과 개발도상국의 에너지 시스템에서 전 세계 전력망의 현대화를 지원하면서 전력망의 안정적인 운영을 보장하는 데 중요한 열쇠가 될 것입니다.

풍력이나 태양광과 같은 간헐적인 재생 에너지의 보급이 증가함에 따라 송전망의 안정성이 문제가 되고 있는데, LDES 시스템은 발전량이 많은 시간대에 잉여 에너지를 저장했다가 발전량이 적은 시간대에 방출함으로써 수요 및 공급의 균형을 맞출 수 있습니다. 이를 통해 더 많은 재생 에너지를 시스템에 쉽게 추가할 수 있으며, 안정적이고 안정적인 전력 공급을 유지하면서 탈탄소화를 더욱 촉진할 수 있습니다. 이러한 출력은 변동이 발생할 경우 그리드의 주파수와 전압을 더욱 불안정하게 만들 수 있는데, LDES 기술은 장시간의 에너지 방전을 제공하여 안정성을 유지합니다. 이를 통해 전력회사는 부하의 변화와 불균형에 대응하고 재생에너지가 풍부한 시스템에서 공급되는 전력의 신뢰성과 효율성을 보장할 수 있습니다.

세계의 장기 에너지 저장 시장에 대해 조사했으며, 기술별, 기간별, 용량별, 용도별, 최종사용자별, 지역별 동향 및 시장에 참여하는 기업의 개요 등을 정리하여 전해드립니다.

목차

제1장 서론

제2장 조사 방법

제3장 개요

제4장 주요 인사이트

제5장 시장 개요

• 서론
• 시장 역학
• 고객 비즈니스에 영향을 미치는 동향/혼란
• 공급망 분석
• 에코시스템 분석
• 사례 연구 분석
• 투자와 자금조달 시나리오
• 기술 분석
• 특허 분석
• 무역 분석
• 2024-2025년의 주요 컨퍼런스와 이벤트
• 가격 분석
• 규제 상황
• Porter's Five Forces 분석
• 주요 이해관계자와 구입 기준
• 구입 기준
• 장기 에너지 저장 시장에서 AI/생성형 AI의 영향
• 장기 에너지 저장 시장에서 세계의 거시경제 전망
• 다양한 장기 에너지 저장 기술이 제공하는 서비스

제6장 장기 에너지 저장 시장, 기술별

• 서론
• 기계적 저장
• 축열
• 전기화학적 저장
• 화학적 저장

제7장 장기 에너지 저장 시장, 기간별

• 서론
• 8-24시간
• 24-36시간
• 36시간 초과

제8장 장기 에너지 저장 시장, 용량별

• 서론
• 최대 50MW
• 10-25MW
• 25-50MW
• 50-100MW
• 100MW 초과

제9장 장기 에너지 저장 시장, 용도별

• 서론
• 그리드 관리
• 전원 백업
• 재생에너지의 통합
• 오프그리드 및 마이크로그리드 시스템

제10장 장기 에너지 저장 시장, 최종사용자별

• 서론
• 유틸리티
• 산업용
• 주택·상업 시설
• 운송·모빌리티

제11장 장기 에너지 저장 시장, 지역별

• 서론
• 북미
  • 미국
  • 캐나다
  • 멕시코
• 아시아태평양
  • 중국
  • 일본
  • 인도
  • 호주
  • 기타
• 유럽
  • 독일
  • 영국
  • 프랑스
  • 이탈리아
  • 기타
• 중동 및 아프리카
  • GCC 국가
  • 기타
  • 남아프리카공화국
  • 기타
• 남미
  • 브라질
  • 칠레
  • 기타

제12장 경쟁 구도

• 서론
• 주요 참여 기업의 전략/유력 기업, 2020-2024년
• 매출 분석, 2019-2023년
• 시장 점유율 분석, 2023년
• 기업 평가와 재무 지표, 2024년
• 브랜드/제품 비교
• 기업 평가 매트릭스 : 주요 참여 기업, 2023년
• 기업 평가 매트릭스 : 스타트업/중소기업, 2023년
• 경쟁 시나리오

제13장 기업 개요

• 주요 참여 기업
  • MAN ENERGY SOLUTIONS
  • SUMITOMO ELECTRIC INDUSTRIES, LTD.
  • ENERGY VAULT, INC.
  • INVINITY ENERGY SYSTEMS
  • HIGHVIEW POWER
  • CMBLU ENERGY AG
  • RHEENERGISE LIMITED
  • MALTA INC.
  • PRIMUS POWER
  • STORELECTRIC LTD.
  • QUANTUMSCAPE BATTERY, INC.
  • FORM ENERGY
  • SFW
  • AUGWIND
  • ESS TECH, INC.
  • EOS ENERGY ENTERPRISES
• 기타 기업
  • 1414 DEGREES AUSTRALIA
  • GKN HYDROGEN
  • ALSYM ENERGY INC.
  • AMBRI INCORPORATED
  • VFLOWTECH PTE LTD.
  • VOLTSTORAGE
  • MGA THERMAL PTY LTD
  • RONDO ENERGY, INC.
  • LINA ENERGY LTD.
  • E-ZINC INC.
  • RYE DEVELOPMENT, LLC
  • HYDROSTOR
  • ENERGY DOME S.P.A.
  • ARKLE ENERGY SOLUTIONS

제14장 부록

영문목차

The long duration energy storage market is forecasted to reach USD 8.61 Billion by 2030 from an estimated USD 3.64 billion in 2024, at a CAGR of 15.4% during the forecast period. With an increasingly aggressive push toward renewable energy sources worldwide solar and wind to other kinds-long-duration energy storage has become necessary to overcome some of the challenges of intermittency. It bridges that gap between when energy is produced and demanded by the grid, ensuring a stable grid and improving reliability in clean energy sources. Investments from governments and utilities into renewable projects create demand in energy storage systems for the storage of power for a duration. In contrast, older power grids increase electrical demands and contribute to the decentralized integration of renewable sources into distribution. LDES finds versatile storage solutions for solving the swing swings in the direction of modernizing pre-existing infrastructure and upgrading existing distribution infrastructures. Grid modernization catapults further LDES adoption by a developed economy through quite much efficiency, better resilience, and smooth penetration of renewable sources.

"50-100 MW segment, by capacity is expected to grow at the highest CAGR during the forecast period."

As large-scale renewable energy projects, such as solar and wind farms, grow, a strong energy storage system becomes necessary to stabilize the otherwise intermittent power generation. The 50-100 MW capacity range is ideal for such projects as it makes it seamless to integrate renewable energy by storing excess energy when generation is high and then releasing it during times of high demand. Power grids are also exposed to the volatility of renewable resources and the growing demand for electricity. Therefore, storage systems with capacities of 50-100 MW play a crucial role in the stabilization of the grid, reducing congestion, maintaining the stability of frequency and voltage, and thus guaranteeing reliable operation of the grid. As such, this capacity range is key in guaranteeing the reliable operation of the grid while supporting global modernization of grids in developed and developing energy systems.

"Grid management segment is expected to emerge as the fastest segment by application."

The increasing penetration of intermittent renewable sources such as wind and solar presents challenges to grid stability. LDES systems balance supply and demand by storing excess energy during periods of high generation and releasing it when generation is low. This would make it easier to add more renewables to the system and maintain a stable, reliable power supply while supporting further decarbonization. This output can further destabilize grid frequency and voltage when fluctuations occur. LDES technologies maintain stability by offering extended-duration energy discharge. In doing so, utilities respond to the load changes and imbalances that will ensure the power delivered is reliable and efficiently executed in a renewable-rich system.

"Europe to grow at the highest CAGR in the long duration energy storage market."

Europe is expanding renewable energy capacity, especially in solar and wind, fast to reach decarbonization targets. The LDES technologies play an important role in overcoming the intermittency of renewables by providing excess power at high generation and discharging when the renewables output is low to enhance the stability of the grid while supporting the uptake of clean energy. These are the ambitious energy transition targets set by the European Union, including the European Green Deal, which fuels the demand for sustainable storage solutions. The LDES systems have already proven to provide flexibility for grids, stabilize renewable energy sources, and support efforts towards decarbonization, and the whole of Europe keeps marching towards its climate goals.

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%

By Designation: C-Level- 30%, Managers- 25%, and Others- 45%

By Region: North Americas- 30%, Europe- 20%, Asia Pacific- 25%, and the Middle East & Africa- 15% and South America- 10%

Note: Others include product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

Sumitomo Electric Industries, Ltd. (Japan), ESS Tech, Inc. (US), Energy Vault, Inc. (US), Eos Energy Enterprises (US), Invinity Energy Systems (England), MAN Energy Solutions (Germany), Highview Power (UK), Primus Power (US), CMBlu Energy AG (Germany), and Malta Inc. (US) are some of the key players in the long duration energy storage market. The study includes an in-depth competitive analysis of these key players in the long duration energy storage market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report defines, describes, and forecasts the long duration energy storage market by technology (Mechanical Storage, Thermal Storage, Electrochemical Storage, and Chemical Storage), by duration (8 to 24, >24 to 36, and >36) by Application (Grid Management, Power Backup, Renewable Energy Integration and Off grid and Microgrid Systems), by capacity (Upto 50 MW, 50-100 and more than 100 MW) End User (Utilities, Industrial, Residential & Commercial, and Transportation & Mobilitysss) and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the long duration energy storage market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the long duration energy storage market. Competitive analysis of upcoming startups in the long duration energy storage market ecosystem is covered in this report.

Key Benefits of Buying the Report

• Analysis of key drivers (Growing renewable Energy Integration, Pressing need to enhance grid reliability and resilience to mitigate power outage risks), restraints (High installation costs of DERMS, Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions), opportunities (Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions, Expansion of electric vehicle infrastructure) and challenges (Interoperability issues among different energy systems and technologies, Cybersecurity risks associated with DERMS) influences the growth of the long duration energy storage market.
• Product Development/ Innovation: The battery chemistries, such as flow batteries, and solid-state batteries, further improve storage efficiency and extend length. Advances in the mechanical storage of CAES, pumped hydro, and more storages which facilitate dischargeability for several days also continue with their development. Old power grids are now also getting upgraded into LDES systems, particularly for ensuring balancing renewable energy integration and peak loads, and the security of supply during an outage situation. In addition, with growing potential for developing green hydrogen as an energy storage medium over long periods, it offers flexibility along with the de-carbonisation benefit.
• Market Development: in March 2023, Sumitomo Electric Industries, Ltd. (Japan) developed sEMSA the next-generation energy management solution for grid storage batteries. Charging and discharging plans for a cloud-based server are optimized and profit maximized through applications, including supply-demand balancing and participation in the power trading market. On site, the sEMSA terminal controls the battery operations, maintaining power grid stability and the capability of Virtual Power Plant functionalities for renewable energy integration. Compatible with many battery systems, sEMSA improves grid stability and opens up new sources of revenue for operators that drive efficient energy management solutions.
• Market Diversification: In May 2024, ESS Tech, Inc. (US) and Burbank Water and Power (US) commemorate the energizing of BWP's first LDES system in the United States - a 75 kW/500 kWh ESS Energy Warehouse iron flow battery installed at Burbank Water and Power's EcoCampus, interfaced with a 265 kW solar array that will generate enough power to fuel 300 homes-an exemplification of iron flow technology supporting a decarbonized grid. This project supports California's 2045 zero-emission electricity goal and demonstrates the importance of LDES for integrating renewable energy.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like The Sumitomo Electric Industries, Ltd. (Japan), ESS Tech, Inc. (US), Energy Vault, Inc. (US), Eos Energy Enterprises (US), Invinity Energy Systems (England), MAN Energy Solutions (Germany), Highview Power (UK), Primus Power (US), CMBlu Energy AG (Germany), and Malta Inc. (US) among others in the long duration energy storage market.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 LONG DURATION ENERGY STORAGE MARKET: SEGMENTATION & REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNIT CONSIDERED
• 1.6 LIMITATIONS
• 1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 List of major secondary sources
    • 2.1.1.2 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 List of primary interview participants
    • 2.1.2.2 Key industry insights
    • 2.1.2.3 Breakdown of primaries
    • 2.1.2.4 Key data from primary sources
• 2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
• 2.3 MARKET SIZE ESTIMATION
  • 2.3.1 BOTTOM-UP APPROACH
  • 2.3.2 TOP-DOWN APPROACH
  • 2.3.3 DEMAND-SIDE ANALYSIS
    • 2.3.3.1 Assumptions for demand-side analysis
    • 2.3.3.2 Calculations for demand-side analysis
  • 2.3.4 SUPPLY-SIDE ANALYSIS
    • 2.3.4.1 Assumptions for supply-side analysis
    • 2.3.4.2 Calculations for supply-side analysis
• 2.4 GROWTH FORECAST ASSUMPTIONS
• 2.5 RESEARCH LIMITATIONS
• 2.6 RISK ASSESSMENT

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LONG DURATION ENERGY STORAGE MARKET
• 4.2 LONG DURATION ENERGY STORAGE MARKET, BY REGION
• 4.3 LONG DURATION ENERGY STORAGE MARKET, BY TECHNOLOGY
• 4.4 LONG DURATION ENERGY STORAGE MARKET, BY DURATION
• 4.5 LONG DURATION ENERGY STORAGE MARKET, BY APPLICATION
• 4.6 LONG DURATION ENERGY STORAGE MARKET, BY CAPACITY
• 4.7 LONG DURATION ENERGY STORAGE MARKET, BY END USER
• 4.8 LONG DURATION ENERGY STORAGE MARKET IN NORTH AMERICA, BY DURATION

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Increasing use of renewable energy sources for power generation
    • 5.2.1.2 Rising need to ensure grid resilience
    • 5.2.1.3 Transition to low-carbon energy
    • 5.2.1.4 Declining cost of lithium-ion batteries
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Lack of commercial readiness and scalability among emerging technologies
    • 5.2.2.2 Substantial capital expenditure for development and installation of LDES technology
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Rising number of low-emission hydrogen production projects
    • 5.2.3.2 Favorable government initiatives to boost LDES adoption
    • 5.2.3.3 Rapid growth of data centers
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Lack of standardization in LDES systems
    • 5.2.4.2 Integration of LDES into existing power systems
• 5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.4 SUPPLY CHAIN ANALYSIS
  • 5.4.1 RAW MATERIAL PROVIDERS
  • 5.4.2 TECHNOLOGY DEVELOPERS AND MANUFACTURERS
  • 5.4.3 INTEGRATORS/SERVICE PROVIDERS
  • 5.4.4 END USERS
• 5.5 ECOSYSTEM ANALYSIS
• 5.6 CASE STUDY ANALYSIS
  • 5.6.1 ENGIE, EQUANS, AND JAN DE NUL PARTNERED TO INSTALL INDUSTRIAL-SCALE SOLAR + STORAGE PROJECT THAT OPTIMIZED USE OF ON-SITE SOLAR ENERGY THROUGH SOLAR SHIFTING
  • 5.6.2 CAISO ADOPTED STRATEGIES TO INTEGRATE ENERGY STORAGE INTO GRID TO ENHANCE FLEXIBILITY AND ASSIST IN INTEGRATING RENEWABLE ENERGY
  • 5.6.3 ENERGY VAULT DEPLOYED SMALL-SCALE GRAVITY-BASED ENERGY STORAGE TECHNOLOGY TO ENHANCE ENERGY RESILIENCE
• 5.7 INVESTMENT AND FUNDING SCENARIO
• 5.8 TECHNOLOGY ANALYSIS
  • 5.8.1 KEY TECHNOLOGIES
    • 5.8.1.1 Electromechanical technology
    • 5.8.1.2 Thermal technology
  • 5.8.2 COMPLEMENTARY TECHNOLOGIES
    • 5.8.2.1 Zinc air technology
    • 5.8.2.2 Zinc bromine flow technology
  • 5.8.3 ADJACENT TECHNOLOGIES
    • 5.8.3.1 Hydrogen energy storage
• 5.9 PATENT ANALYSIS
• 5.10 TRADE ANALYSIS
  • 5.10.1 IMPORT SCENARIO (HS CODE 8507)
  • 5.10.2 EXPORT SCENARIO (HS CODE 8507)
• 5.11 KEY CONFERENCES AND EVENTS, 2024-2025
• 5.12 PRICING ANALYSIS
  • 5.12.1 INDICATIVE PRICING ANALYSIS OF LONG DURATION ENERGY STORAGE SOLUTIONS, BY TECHNOLOGY, 2024
  • 5.12.2 AVERAGE SELLING PRICE TREND OF LONG DURATION ENERGY STORAGE SOLUTIONS, BY REGION, 2020-2024
• 5.13 REGULATORY LANDSCAPE
  • 5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.13.2 REGULATIONS
• 5.14 PORTER'S FIVE FORCES ANALYSIS
  • 5.14.1 THREAT OF SUBSTITUTES
  • 5.14.2 BARGAINING POWER OF SUPPLIERS
  • 5.14.3 BARGAINING POWER OF BUYERS
  • 5.14.4 THREAT OF NEW ENTRANTS
  • 5.14.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
• 5.16 BUYING CRITERIA
• 5.17 IMPACT OF AI/GENERATIVE AI IN LONG DURATION ENERGY STORAGE MARKET
  • 5.17.1 INTRODUCTION
  • 5.17.2 ADOPTION OF AI/GENERATIVE AI APPLICATIONS IN LONG DURATION ENERGY STORAGE MARKET
    • 5.17.2.1 Enhanced system efficiency
    • 5.17.2.2 Improved grid integration
    • 5.17.2.3 Cost optimization
    • 5.17.2.4 Improved demand forecasting
    • 5.17.2.5 Custom solutions for end users
  • 5.17.3 IMPACT OF AI/GENERATIVE AI, BY END USER AND REGION
  • 5.17.4 IMPACT OF AI/GENERATIVE AI IN LONG DURATION ENERGY STORAGE MARKET, BY REGION
• 5.18 GLOBAL MACROECONOMIC OUTLOOK FOR LONG DURATION ENERGY STORAGE MARKET
  • 5.18.1 GDP
  • 5.18.2 RESEARCH AND DEVELOPMENT EXPENDITURE
  • 5.18.3 INVESTMENTS IN LONG DURATION ENERGY STORAGE TECHNOLOGY
• 5.19 SERVICES OFFERED BY DIFFERENT LONG DURATION ENERGY STORAGE TECHNOLOGIES
  • 5.19.1 POWER-TO-POWER
  • 5.19.2 POWER-TO-HEAT
  • 5.19.3 POWER-TO-X

6 LONG DURATION ENERGY STORAGE MARKET, BY TECHNOLOGY

• 6.1 INTRODUCTION
• 6.2 MECHANICAL STORAGE
  • 6.2.1 NEED FOR MAINTAINING GRID STABILITY AND RENEWABLE ENERGY INTEGRATION TO PROPEL MARKET
  • 6.2.2 PUMPED HYDRO STORAGE
  • 6.2.3 COMPRESSED AIR ENERGY STORAGE
  • 6.2.4 OTHERS
• 6.3 THERMAL STORAGE
  • 6.3.1 OFFERS COST-EFFECTIVE, SCALABLE, AND RELIABLE ENERGY SOLUTIONS
  • 6.3.2 MOLTEN SALT THERMAL ENERGY STORAGE
  • 6.3.3 OTHERS
• 6.4 ELECTROCHEMICAL STORAGE
  • 6.4.1 WIDELY ADOPTED DUE TO SCALABILITY, VERSATILITY, AND ABILITY TO MEET DIVERSE ENERGY STORAGE NEEDS
  • 6.4.2 LITHIUM-ION
  • 6.4.3 LEAD-ACID
  • 6.4.4 FLOW BATTERIES
  • 6.4.5 OTHERS
• 6.5 CHEMICAL STORAGE
  • 6.5.1 DEMAND FOR SCALABLE, VERSATILE SOLUTIONS FOR DECARBONIZATION AND ENERGY RELIABILITY TO DRIVE MARKET
  • 6.5.2 HYDROGEN STORAGE
  • 6.5.3 OTHERS

7 LONG DURATION ENERGY STORAGE MARKET, BY DURATION

• 7.1 INTRODUCTION
• 7.2 8 TO 24 HOURS
  • 7.2.1 GOVERNMENT INVESTMENTS AND INITIATIVES TO DEPLOY LONG DURATION ENERGY STORAGE TO SUPPORT MARKET GROWTH
• 7.3 >24 TO 36 HOURS
  • 7.3.1 TECHNOLOGICAL ADVANCEMENTS ENABLING IMPROVED ENERGY STORAGE DURATION AND GREATER ROUND-TRIP EFFICIENCY
• 7.4 >36 HOURS
  • 7.4.1 NEED FOR ADDRESSING MULTI-DAY ENERGY SHIFTING AND MANAGING RENEWABLE GENERATION GAPS TO FUEL MARKET
  • 7.4.2 >36 TO 160 HOURS
  • 7.4.3 160+ HOURS

8 LONG DURATION ENERGY STORAGE MARKET, BY CAPACITY

• 8.1 INTRODUCTION
• 8.2 UP TO 50 MW
  • 8.2.1 NEED TO SUPPORT LOCALIZED GRID SERVICES TO SUPPORT MARKET GROWTH
  • 8.2.2 10-25 MW
  • 8.2.3 25-50 MW
• 8.3 50-100 MW
  • 8.3.1 GROWING RENEWABLE ENERGY INTEGRATION TO FUEL MARKET EXPANSION
• 8.4 MORE THAN 100 MW
  • 8.4.1 DEVELOPMENT OF LARGE-SCALE ENERGY GENERATION PROJECTS TO FUEL MARKET GROWTH

9 LONG DURATION ENERGY STORAGE MARKET, BY APPLICATION

• 9.1 INTRODUCTION
• 9.2 GRID MANAGEMENT
  • 9.2.1 NEED FOR GRID STABILIZATION & RENEWABLE ENERGY INTEGRATION TO SUPPORT MARKET GROWTH
  • 9.2.2 GRID STABILITY
  • 9.2.3 ANCILLARY SERVICES
  • 9.2.4 OTHERS
• 9.3 POWER BACKUP
  • 9.3.1 NEED FOR ENERGY STORAGE IN VARIOUS END-USE INDUSTRIES TO DRIVE MARKET
    • 9.3.1.1 Peak demand management
    • 9.3.1.2 Load shift
    • 9.3.1.3 Others
• 9.4 RENEWABLE ENERGY INTEGRATION
  • 9.4.1 INCREASING SHARE OF RENEWABLE ENERGY IN TOTAL ENERGY MIX OF VARIOUS COUNTRIES TO SUPPORT MARKET GROWTH
• 9.5 OFF GRID & MICROGRID SYSTEMS
  • 9.5.1 NEED TO REDUCE DEPENDENCE ON CARBON-INTENSIVE BACKUP SYSTEMS TO FUEL MARKET

10 LONG DURATION ENERGY STORAGE MARKET, BY END USER

• 10.1 INTRODUCTION
• 10.2 UTILITIES
  • 10.2.1 GOVERNMENT INITIATIVES TO DEPLOY LONG DURATION ENERGY STORAGE TO SUPPORT MARKET GROWTH
• 10.3 INDUSTRIAL
  • 10.3.1 NEED TO MEET STRINGENT CARBON REDUCTION TARGETS SET BY GOVERNMENTS TO FUEL MARKET EXPANSION
    • 10.3.1.1 Chemical
    • 10.3.1.2 Agriculture
    • 10.3.1.3 Oil & gas
• 10.4 RESIDENTIAL & COMMERCIAL
  • 10.4.1 ENERGY COST SAVINGS AND PEAK LOAD MANAGEMENT IN COMMERCIAL & RESIDENTIAL SECTORS TO DRIVE MARKET
• 10.5 TRANSPORTATION & MOBILITY
  • 10.5.1 GROWING DEMAND FOR GREEN ENERGY TO POWER VEHICLES TO FUEL MARKET EXPANSION

11 LONG DURATION ENERGY STORAGE MARKET, BY REGION

• 11.1 INTRODUCTION
• 11.2 NORTH AMERICA
  • 11.2.1 US
    • 11.2.1.1 Growing battery storage capacities in California and Texas to support market growth
  • 11.2.2 CANADA
    • 11.2.2.1 Growing renewable energy, financial incentives, and innovative storage solutions to drive market
  • 11.2.3 MEXICO
    • 11.2.3.1 Regulatory framework, renewable energy goals, and grid modernization to drive demand
• 11.3 ASIA PACIFIC
  • 11.3.1 CHINA
    • 11.3.1.1 Renewable integration, grid modernization, and decarbonization to support market growth
  • 11.3.2 JAPAN
    • 11.3.2.1 Renewable energy goals, innovation, self-sufficiency, and strategic projects to drive market
  • 11.3.3 INDIA
    • 11.3.3.1 Renewable energy expansion and government support to drive market growth
  • 11.3.4 AUSTRALIA
    • 11.3.4.1 Innovation, investment, and international collaboration initiatives to propel demand
  • 11.3.5 REST OF ASIA PACIFIC
• 11.4 EUROPE
  • 11.4.1 GERMANY
    • 11.4.1.1 Growing battery storage capacities to propel market
  • 11.4.2 UK
    • 11.4.2.1 Growing renewable energy, financial incentives, and innovative storage solutions fueling market growth
  • 11.4.3 FRANCE
    • 11.4.3.1 Regulatory framework, renewable energy goals, and grid modernization to support market growth
  • 11.4.4 ITALY
    • 11.4.4.1 National decarbonization goals to drive adoption of long duration energy storage systems
  • 11.4.5 REST OF EUROPE
• 11.5 MIDDLE EAST & AFRICA
  • 11.5.1 GCC COUNTRIES
    • 11.5.1.1 Government initiatives and large-scale energy storage projects to drive market growth
  • 11.5.2 REST OF GCC
    • 11.5.2.1 Strong commitment to development of renewable energy and energy storage to drive market
  • 11.5.3 SOUTH AFRICA
    • 11.5.3.1 Implementation of various renewable energy projects to support market growth
  • 11.5.4 REST OF MIDDLE EAST & AFRICA
• 11.6 SOUTH AMERICA
  • 11.6.1 BRAZIL
    • 11.6.1.1 Efforts to reduce dependence on traditional energy sources to drive market growth
  • 11.6.2 CHILE
    • 11.6.2.1 Government renewable energy targets to support market expansion
  • 11.6.3 REST OF SOUTH AMERICA
    • 11.6.3.1 Abundance of lithium reserve to support market growth

12 COMPETITIVE LANDSCAPE

• 12.1 INTRODUCTION
• 12.2 KEY PLAYERS' STRATEGIES/RIGHT TO WIN, 2020-2024
• 12.3 REVENUE ANALYSIS, 2019-2023
• 12.4 MARKET SHARE ANALYSIS, 2023
  • 12.4.1 MAN ENERGY SOLUTIONS
  • 12.4.2 SUMITOMO ELECTRIC INDUSTRIES, LTD.
  • 12.4.3 ENERGY VAULT, INC.
  • 12.4.4 INVINITY ENERGY SYSTEMS
  • 12.4.5 ESS TECH, INC.
• 12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
• 12.6 BRAND/PRODUCT COMPARISON
• 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
  • 12.7.1 STARS
  • 12.7.2 EMERGING LEADERS
  • 12.7.3 PERVASIVE PLAYERS
  • 12.7.4 PARTICIPANTS
  • 12.7.5 COMPANY FOOTPRINT, KEY PLAYERS, 2023
    • 12.7.5.1 Company footprint
    • 12.7.5.2 Market footprint
    • 12.7.5.3 Region footprint
    • 12.7.5.4 Duration footprint
    • 12.7.5.5 Technology footprint
    • 12.7.5.6 Application footprint
    • 12.7.5.7 Capacity footprint
    • 12.7.5.8 End user footprint
• 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
  • 12.8.1 PROGRESSIVE COMPANIES
  • 12.8.2 RESPONSIVE COMPANIES
  • 12.8.3 DYNAMIC COMPANIES
  • 12.8.4 STARTING BLOCKS
  • 12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    • 12.8.5.1 Detailed list of key startups/SMEs
    • 12.8.5.2 Competitive benchmarking of key startups/SMEs
• 12.9 COMPETITIVE SCENARIO
  • 12.9.1 PRODUCT LAUNCHES
  • 12.9.2 DEALS
  • 12.9.3 EXPANSIONS
  • 12.9.4 OTHER DEVELOPMENTS

13 COMPANY PROFILES

• 13.1 KEY PLAYERS
  • 13.1.1 MAN ENERGY SOLUTIONS
    • 13.1.1.1 Business overview
    • 13.1.1.2 Products/Solutions/Services offered
    • 13.1.1.3 Recent developments
      • 13.1.1.3.1 Deals
      • 13.1.1.3.2 Other developments
    • 13.1.1.4 MnM view
      • 13.1.1.4.1 Key strengths/Right to win
      • 13.1.1.4.2 Strategic choices
      • 13.1.1.4.3 Weaknesses/Competitive threats
  • 13.1.2 SUMITOMO ELECTRIC INDUSTRIES, LTD.
    • 13.1.2.1 Business overview
    • 13.1.2.2 Products/Solutions/Services offered
    • 13.1.2.3 Recent developments
      • 13.1.2.3.1 Product launches
      • 13.1.2.3.2 Deals
      • 13.1.2.3.3 Expansions
      • 13.1.2.3.4 Other developments
    • 13.1.2.4 MnM view
      • 13.1.2.4.1 Key strengths/Right to win
      • 13.1.2.4.2 Strategic choices
      • 13.1.2.4.3 Weaknesses/Competitive threats
  • 13.1.3 ENERGY VAULT, INC.
    • 13.1.3.1 Business overview
    • 13.1.3.2 Products/Solutions/Services offered
    • 13.1.3.3 Recent developments
      • 13.1.3.3.1 Deals
      • 13.1.3.3.2 Expansions
      • 13.1.3.3.3 Other developments
    • 13.1.3.4 MnM view
      • 13.1.3.4.1 Key strengths/Right to win
      • 13.1.3.4.2 Strategic choices
      • 13.1.3.4.3 Weaknesses/Competitive threats
  • 13.1.4 INVINITY ENERGY SYSTEMS
    • 13.1.4.1 Business overview
    • 13.1.4.2 Products/Solutions/Services offered
    • 13.1.4.3 Recent developments
      • 13.1.4.3.1 Deals
      • 13.1.4.3.2 Other developments
    • 13.1.4.4 MnM view
      • 13.1.4.4.1 Key strengths/Right to win
      • 13.1.4.4.2 Strategic choices
      • 13.1.4.4.3 Weaknesses/Competitive threats
  • 13.1.5 HIGHVIEW POWER
    • 13.1.5.1 Business overview
    • 13.1.5.2 Products/Solutions/Services offered
    • 13.1.5.3 Recent developments
      • 13.1.5.3.1 Deals
      • 13.1.5.3.2 Expansions
      • 13.1.5.3.3 Other developments
  • 13.1.6 CMBLU ENERGY AG
    • 13.1.6.1 Business overview
    • 13.1.6.2 Products/Solutions/Services offered
    • 13.1.6.3 Recent developments
      • 13.1.6.3.1 Deals
      • 13.1.6.3.2 Expansions
      • 13.1.6.3.3 Other developments
  • 13.1.7 RHEENERGISE LIMITED
    • 13.1.7.1 Business overview
    • 13.1.7.2 Products/Solutions/Services offered
    • 13.1.7.3 Recent developments
      • 13.1.7.3.1 Deals
      • 13.1.7.3.2 Other developments
  • 13.1.8 MALTA INC.
    • 13.1.8.1 Business overview
    • 13.1.8.2 Products/Solutions/Services offered
    • 13.1.8.3 Recent developments
      • 13.1.8.3.1 Deals
      • 13.1.8.3.2 Other developments
  • 13.1.9 PRIMUS POWER
    • 13.1.9.1 Business overview
    • 13.1.9.2 Products/Solutions/Services offered
  • 13.1.10 STORELECTRIC LTD.
    • 13.1.10.1 Business overview
    • 13.1.10.2 Products/Solutions/Services offered
  • 13.1.11 QUANTUMSCAPE BATTERY, INC.
    • 13.1.11.1 Business overview
    • 13.1.11.2 Products/Solutions/Services offered
    • 13.1.11.3 Recent developments
      • 13.1.11.3.1 Deals
  • 13.1.12 FORM ENERGY
    • 13.1.12.1 Business overview
    • 13.1.12.2 Products/Solutions/Services offered
    • 13.1.12.3 Recent developments
      • 13.1.12.3.1 Deals
      • 13.1.12.3.2 Expansions
      • 13.1.12.3.3 Other developments
  • 13.1.13 SFW
    • 13.1.13.1 Business overview
    • 13.1.13.2 Products/Solutions/Services offered
    • 13.1.13.3 Recent developments
      • 13.1.13.3.1 Deals
      • 13.1.13.3.2 Other developments
  • 13.1.14 AUGWIND
    • 13.1.14.1 Business overview
    • 13.1.14.2 Products/Solutions/Services offered
    • 13.1.14.3 Recent developments
      • 13.1.14.3.1 Deals
      • 13.1.14.3.2 Expansions
      • 13.1.14.3.3 Other developments
  • 13.1.15 ESS TECH, INC.
    • 13.1.15.1 Business overview
    • 13.1.15.2 Products/Solutions/Services offered
    • 13.1.15.3 Recent developments
      • 13.1.15.3.1 Product launches
      • 13.1.15.3.2 Deals
      • 13.1.15.3.3 Expansions
      • 13.1.15.3.4 Other developments
    • 13.1.15.4 MnM view
      • 13.1.15.4.1 Key strengths/Right to win
      • 13.1.15.4.2 Strategic choices
      • 13.1.15.4.3 Weaknesses/Competitive threats
  • 13.1.16 EOS ENERGY ENTERPRISES
    • 13.1.16.1 Business overview
    • 13.1.16.2 Products/Solutions/Services offered
    • 13.1.16.3 Recent developments
      • 13.1.16.3.1 Deals
      • 13.1.16.3.2 Other developments
• 13.2 OTHER PLAYERS
  • 13.2.1 1414 DEGREES AUSTRALIA
  • 13.2.2 GKN HYDROGEN
  • 13.2.3 ALSYM ENERGY INC.
  • 13.2.4 AMBRI INCORPORATED
  • 13.2.5 VFLOWTECH PTE LTD.
  • 13.2.6 VOLTSTORAGE
  • 13.2.7 MGA THERMAL PTY LTD
  • 13.2.8 RONDO ENERGY, INC.
  • 13.2.9 LINA ENERGY LTD.
  • 13.2.10 E-ZINC INC.
  • 13.2.11 RYE DEVELOPMENT, LLC
  • 13.2.12 HYDROSTOR
  • 13.2.13 ENERGY DOME S.P.A.
  • 13.2.14 ARKLE ENERGY SOLUTIONS

14 APPENDIX

• 14.1 INSIGHTS FROM INDUSTRY EXPERTS
• 14.2 DISCUSSION GUIDE
• 14.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 14.4 CUSTOMIZATION OPTIONS
• 14.5 RELATED REPORTS
• 14.6 AUTHOR DETAILS