Analysts’ Viewpoint on Energy Storage Systems Market Scenario
The global energy storage systems market is significantly driven by rising popularity and adoption of electric vehicles across the globe. Growing concerns about environmental pollution due to automobiles is attributable to the rising demand for energy storage systems. Energy storage systems are equipment that store various types of energies that can be utilized whenever needed. Commercial, industrial, and residential sectors demand energy storage systems. The rising awareness about the production of renewable energy sources due to increasing energy requirements has fueled the expansion of the energy storage systems market. Rapid urbanization and industrialization has also increased the need for energy storage systems in developing economies.
There is an increasing awareness about the harmful environmental impact of CO2 emissions and greenhouse gases all over the world. This has triggered the growing interest in renewable energy sources as compared to the conventional coal or fossil fuel sources. This trend is expected to stimulate the global energy storage systems market in the upcoming years. The use of renewable energy sources supported by energy storage applications prove to be more economical and eco-friendly than the traditional storage systems. Strict environmental regulations imposed by governments have encouraged the production of electric vehicles, as they create less pollution as compared to fuel-powered vehicles. Electrically operated vehicles need energy storage units. All these factors have promoted the growth of the energy storage systems market.
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Key players operating in the global energy storage systems market are focusing on developing innovating products to mark their presence in a global market and leverage lucrative revenue opportunities. An increasing number of regional and international players operating in the global energy storage systems market are witnessing revenue streams. Increasing competition among them is driving the market growth for the global energy storage systems market.
Key market players are also investing in research & development activities to stay ahead of the competition. The global energy storage systems market is expected to rise in the upcoming years due to the presence of several market contributors. Rising mergers and acquisitions activities, improvements in distribution network, and effective management of working capital are some of the factors expected to boost market growth in the upcoming years.
Moreover, key market players are focusing on new technologies and innovations for the production of renewable energy on a large scale. They are partnering with small enterprises and entering into merger & acquisition agreements in order to expand their market presence. This aside, R&D activities are being conducted to ensure effective production of energy storage systems without any negative impact on the environment.
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Asia Pacific is expected to account for the largest share of the global energy storage systems market. There is an increasing demand for energy storage systems in Asia Pacific. The Asia Pacific energy storage systems market is significantly driven by rise in sales of electric vehicles in countries such as China and India. Increasing awareness about energy efficient devices and easy availability of raw materials for battery manufacturing are driving the Asia Pacific market for energy storage systems during the forecast period.
The Asia Pacific energy storage systems market is anticipated to exhibit strong growth over the forecast period, owing to vast developments in the power distribution infrastructure. The energy storage systems market in North America is also expected to grow rapidly during the forecast period. Growing thrust on electricity cost reduction boosts the demand for energy storage systems within the residential and automotive end-use segments.
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Rapid spread of coronavirus across the globe and enforced lockdown in many countries have had a negative impact on the global energy storage systems market. This has hampered the supply chain, halting the production of vehicles across the globe. Manufacturers operating in the global energy storage market are recovering from the losses caused due to disturbed ecosystem and decline in installation of battery energy storage systems across the globe. After the successful recovery of businesses, manufacturers in the global energy storage systems market are focusing on increasing their production capacity to gain revenue benefits. The increasing production of electric vehicles is a major factor contributing to the expansion of the global energy storage systems market in the upcoming years.
Rising concerns related to energy wastage and continued efforts to facilitate higher level of energy conservation are also anticipated to positively affect the global energy storage systems market. Rising demand for modernization and advancement of electrical grids are anticipated to create opportunities for stakeholders and players in the global energy storage systems market.
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Attribute |
Detail |
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Market Size Value in 2020 (Base Year) |
US$ 40.53 Bn |
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Market Forecast Value in 2031 |
US$ 73.8 Bn |
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Growth Rate (CAGR) |
5.6% |
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Forecast Period |
2021-2031 |
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Quantitative Units |
Value (US$ Bn) |
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Competition Landscape |
Company Profiles section includes overview, product portfolio, key subsidiaries or distributors, strategy & recent developments, and key financials. |
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Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
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Companies Profiled |
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Customization Scope |
Available upon Request |
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Pricing |
Available upon Request |
Energy Storage Systems Market – Segmentation
TMR’s research study assesses the global energy storage systems market in terms of end-user, technology, application, and region. This report presents extensive market dynamics and trends associated with different segments of the market and how they are influencing growth prospects of the global energy storage systems market.
| Technology |
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| End-user |
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| Application |
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| Region |
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Energy Storage Systems Market is expected to reach US$ 73.8 Bn by the end of 2031
Energy Storage Systems Market is estimated to rise at a CAGR of 5.6% during forecast period
Increasing awareness about energy efficient devices and easy availability of raw materials for battery manufacturing are driving the market for energy storage systems during the forecast period.
Some of prominent players operating in the global energy storage systems market are ABB Ltd., BYD Company Limited, EOS Energy Storage, Evapco, Inc., Maxwell Technologies, Inc., General Electric Company, Hitachi, Ltd., LG Chem, Ltd., NEC Corporation, Panasonic Corporation, Schneider Electric SE, Siemens AG, and Tesla.
Residential, Non-residential, Utilities, Automotive are the end-user segments in the Energy Storage Systems Market
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Energy Storage Systems Market
3.1. Energy Storage Systems Market Size, US$ Bn, 2020-2031
4. Market Overview
4.1. Introduction
4.1.1. Energy Storage Systems Market Definition
4.1.2. Industry Developments
4.2. Key Market Indicators
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunity
4.4. Porter’s Five Forces Analysis
4.5. Value Chain Analysis
5. Global Energy Storage Systems Market Analysis and Forecast, by Technology
5.1. Key Findings
5.2. Definitions
5.3. Market Size (US$ Bn) Forecast by Technology, 2020-2031
5.3.1. Electro Chemical (US$ Bn and Bn)
5.3.1.1. Lithium-Ion Battery
5.3.1.2. Lead Acid Battery
5.3.1.3. Sodium Sulfur (NAS) Battery
5.3.1.4. Flow Battery
5.3.1.5. Others
5.3.2. Thermal Storage
5.3.3. Mechanical Energy Storage
5.3.3.1. Pumped Hydro Energy Storage
5.3.3.2. Flywheel Energy Storage
5.3.3.3. Compressed Air & Liquid Air Energy Storage
5.3.4. Other Storage Technologies
5.4. Technology Share Analysis
5.5. Market Attractiveness by Technology
6. Global Energy Storage System Market Analysis and Forecast, by End-user
6.1. Introduction & Definition
6.2. Key Findings
6.3. Market Size (US$ Bn) Forecast by End-user, 2020-2031
6.3.1. Residential
6.3.2. Non-residential
6.3.3. Utilities
6.3.4. Automotive
6.4. End-user Share Analysis
6.5. Market Attractiveness by End-user
7. Global Energy Storage System Market Analysis and Forecast, by Application
7.1. Introduction & Definition
7.2. Key Findings
7.3. Market Size (US$ Bn) Forecast by Application, 2020-2031
7.3.1. Transportation
7.3.2. Grid Storage
7.4. Application Share Analysis
7.5. Market Attractiveness by Application
8. Global Energy Storage System Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Key Trend Analysis
8.3. Policies and Regulations
8.4. Market Size (US$ Bn) Forecast by Region, 2020-2031
8.4.1. North America
8.4.2. Europe
8.4.3. Asia Pacific
8.4.4. Middle East & Africa
8.4.5. Latin America
8.5. Market Attractiveness by Region
9. North America Energy Storage Systems Market Size and Forecast (US$ Bn), 2020-2031
9.1. Key Findings
9.2. Energy Storage Systems Market Size (US$ Bn) Forecast by Technology, 2020-2031
9.2.1. Electro Chemical (US$ Bn)
9.2.1.1. Lithium-Ion Battery
9.2.1.2. Lead Acid Battery
9.2.1.3. Sodium Sulfur (NAS) Battery
9.2.1.4. Flow Battery
9.2.1.5. Others
9.2.2. Thermal Storage
9.2.3. Mechanical Energy Storage
9.2.3.1. Pumped Hydro Energy Storage
9.2.3.2. Flywheel Energy Storage
9.2.3.3. Compressed Air & Liquid Air Energy Storage
9.2.4. Other Storage Technologies
9.3. Energy Storage Systems Market Size (US$ Bn) Forecast by Application, 2020-2031
9.3.1. Transportation
9.3.2. Grid Storage
9.4. Energy Storage Systems Market Size (US$ Bn) Forecast by End-user, 2020-2031
9.4.1. Residential
9.4.2. Non-residential
9.4.3. Utilities
9.4.4. Automotive
9.5. Energy Storage Systems Market Size (US$ Bn) Forecast by Region, 2020-2031
9.5.1. The U.S.
9.5.2. Canada
9.5.3. Rest of North America
9.6. Market Attractiveness Analysis
9.6.1. By Technology
9.6.2. By Application
9.6.3. By End-user
10. Europe Energy Storage Systems Market Size and Forecast (US$ Bn), 2020-2031
10.1. Key Findings
10.2. Energy Storage Systems Market Size (US$ Bn) Forecast by Technology, 2020-2031
10.2.1. Electro Chemical (US$ Bn)
10.2.1.1. Lithium-Ion Battery
10.2.1.2. Lead Acid Battery
10.2.1.3. Sodium Sulfur (NAS) Battery
10.2.1.4. Flow Battery
10.2.1.5. Others
10.2.2. Thermal Storage
10.2.3. Mechanical Energy Storage
10.2.3.1. Pumped Hydro Energy Storage
10.2.3.2. Flywheel Energy Storage
10.2.3.3. Compressed Air & Liquid Air Energy Storage
10.2.4. Other Storage Technologies
10.3. Energy Storage Systems Market Size (US$ Bn) Forecast by Application, 2020-2031
10.3.1. Transportation
10.3.2. Grid Storage
10.4. Energy Storage Systems Market Size (US$ Bn) Forecast by End-user, 2020-2031
10.4.1. Residential
10.4.2. Non-residential
10.4.3. Utilities
10.4.4. Automotive
10.5. Energy Storage Systems Market Size (US$ Bn) Forecast by Region, 2020-2031
10.5.1. Germany
10.5.2. U.K.
10.5.3. France
10.5.4. Rest of Europe
10.6. Market Attractiveness Analysis
10.6.1. By Technology
10.6.2. By Application
10.6.3. By End-user
11. Asia Pacific Energy Storage Systems Market Size and Forecast (US$ Bn), 2020-2031
11.1. Key Findings
11.2. Energy Storage Systems Market Size (US$ Bn) Forecast by Technology, 2020-2031
11.2.1. Electro Chemical (US$ Bn
11.2.1.1. Lithium-Ion Battery
11.2.1.2. Lead Acid Battery
11.2.1.3. Sodium Sulfur (NAS) Battery
11.2.1.4. Flow Battery
11.2.1.5. Others
11.2.2. Thermal Storage
11.2.3. Mechanical Energy Storage
11.2.3.1. Pumped Hydro Energy Storage
11.2.3.2. Flywheel Energy Storage
11.2.3.3. Compressed Air & Liquid Air Energy Storage
11.2.4. Other Storage Technologies
11.3. Energy Storage Systems Market Size (US$ Bn) Forecast by Application, 2020-2031
11.3.1. Transportation
11.3.2. Grid Storage
11.4. Energy Storage Systems Market Size (US$ Bn) Forecast by End-user, 2020-2031
11.4.1. Residential
11.4.2. Non-residential
11.4.3. Utilities
11.4.4. Automotive
11.5. Energy Storage Systems Market Size (US$ Bn) Forecast by Region, 2020-2031
11.5.1. China
11.5.2. India
11.5.3. Japan
11.5.4. Rest of Asia Pacific
11.6. Market Attractiveness Analysis
11.6.1. By Technology
11.6.2. By Application
11.6.3. By End-user
12. Middle East & Africa Energy Storage Systems Market Size and Forecast (US$ Bn), 2020-2031
12.1. Key Findings
12.2. Energy Storage Systems Market Size (US$ Bn) Forecast by Technology, 2020-2031
12.2.1. Electro Chemical (US$ Bn)
12.2.1.1. Lithium-Ion Battery
12.2.1.2. Lead Acid Battery
12.2.1.3. Sodium Sulfur (NAS) Battery
12.2.1.4. Flow Battery
12.2.1.5. Others
12.2.2. Thermal Storage
12.2.3. Mechanical Energy Storage
12.2.3.1. Pumped Hydro Energy Storage
12.2.3.2. Flywheel Energy Storage
12.2.3.3. Compressed Air & Liquid Air Energy Storage
12.2.4. Other Storage Technologies
12.3. Energy Storage Systems Market Size (US$ Bn) Forecast by Application, 2020-2031
12.3.1. Transportation
12.3.2. Grid Storage
12.4. Energy Storage Systems Market Size (US$ Bn) Forecast by End-user, 2020-2031
12.4.1. Residential
12.4.2. Non-residential
12.4.3. Utilities
12.4.4. Automotive
12.5. Energy Storage Systems Market Size (US$ Bn) Forecast by Region, 2020-2031
12.5.1. GCC Countries
12.5.2. South Africa
12.5.3. Rest of Middle East & Africa
12.6. Market Attractiveness Analysis
12.6.1. By Technology
12.6.2. By Application
12.6.3. By End-user
13. Latin America Energy Storage Systems Market Size and Forecast (US$ Bn), 2020-2031
13.1. Key Findings
13.2. Energy Storage Systems Market Size (US$ Bn) Forecast by Technology, 2020-2031
13.2.1. Electro Chemical (US$ Bn)
13.2.1.1. Lithium-Ion Battery
13.2.1.2. Lead Acid Battery
13.2.1.3. Sodium Sulfur (NAS) Battery
13.2.1.4. Flow Battery
13.2.1.5. Others
13.2.2. Thermal Storage
13.2.3. Mechanical Energy Storage
13.2.3.1. Pumped Hydro Energy Storage
13.2.3.2. Flywheel Energy Storage
13.2.3.3. Compressed Air & Liquid Air Energy Storage
13.2.4. Other Storage Technologies
13.3. Energy Storage Systems Market Size (US$ Bn) Forecast by Application, 2020-2031
13.3.1. Transportation
13.3.2. Grid Storage
13.4. Energy Storage Systems Market Size (US$ Bn) Forecast by End-user, 2020-2031
13.4.1. Residential
13.4.2. Non-residential
13.4.3. Utilities
13.4.4. Automotive
13.5. Energy Storage Systems Market Size (US$ Bn) Forecast by Region, 2020-2031
13.5.1. Brazil
13.5.2. Rest of Latin America
13.6. Market Attractiveness Analysis
13.6.1. By Technology
13.6.2. By Application
13.6.3. By End-user
14. Competition Landscape
14.1. Market Player – Competition Matrix
14.2. Market Share Analysis by Company (2020)
14.3. Company Profiles (Details – Overview, Financials, Strategy, and SWOT Analysis)
14.3.1. ABB Ltd.
14.3.1.1. Overview
14.3.1.2. Financials
14.3.1.3. Strategy
14.3.1.4. SWOT Analysis
14.3.2. BYD Company Limited
14.3.2.1. Overview
14.3.2.2. Financials
14.3.2.3. Strategy
14.3.2.4. SWOT Analysis
14.3.3. Calmac
14.3.3.1. Overview
14.3.3.2. Financials
14.3.3.3. Strategy
14.3.3.4. SWOT Analysis
14.3.4. Dynapower Company, LLC
14.3.4.1. Overview
14.3.4.2. Financials
14.3.4.3. Strategy
14.3.4.4. SWOT Analysis
14.3.5. EOS Energy Storage
14.3.5.1. Overview
14.3.5.2. Financials
14.3.5.3. Strategy
14.3.5.4. SWOT Analysis
14.3.6. Evapco, Inc.
14.3.6.1. Overview
14.3.6.2. Financials
14.3.6.3. Strategy
14.3.6.4. SWOT Analysis
14.3.7. General Electric Company
14.3.7.1. Overview
14.3.7.2. Financials
14.3.7.3. Strategy
14.3.7.4. SWOT Analysis
14.3.8. Hitachi, Ltd.
14.3.8.1. Overview
14.3.8.2. Financials
14.3.8.3. Strategy
14.3.8.4. SWOT Analysis
14.3.9. LG Chem, Ltd.
14.3.9.1. Overview
14.3.9.2. Financials
14.3.9.3. Strategy
14.3.9.4. SWOT Analysis
14.3.10. Maxwell Technologies, Inc.
14.3.10.1. Overview
14.3.10.2. Financials
14.3.10.3. Strategy
14.3.10.4. SWOT Analysis
14.3.11. NEC Corporation
14.3.11.1. Overview
14.3.11.2. Financials
14.3.11.3. Strategy
14.3.11.4. SWOT Analysis
14.3.12. Panasonic Corporation
14.3.12.1. Overview
14.3.12.2. Financials
14.3.12.3. Strategy
14.3.12.4. SWOT Analysis
14.3.13. Schneider Electric SE
14.3.13.1. Overview
14.3.13.2. Financials
14.3.13.3. Strategy
14.3.13.4. SWOT Analysis
14.3.14. Siemens AG
14.3.14.1. Overview
14.3.14.2. Financials
14.3.14.3. Strategy
14.3.14.4. SWOT Analysis
14.3.15. Tesla
14.3.15.1. Overview
14.3.15.2. Financials
14.3.15.3. Strategy
14.3.15.4. SWOT Analysis
15. Key Takeaways
List of Tables
Table 1: Global Energy Storage Systems Market Revenue (US$ Bn)
Table 2: Global Energy Storage Systems Market Size and Forecast, by Technology, 2020 – 2031 (US$ Bn)
Table 3: Global Energy Storage Systems Market Size and Forecast Electrochemical Storage Technology, 2020 – 2031 (US$ Bn)
Table 4: Global Energy Storage Systems Market Attractiveness Analysis, by Application
Table 5: Global Energy Storage Systems Market Size and Forecast, by Application, 2020 – 2031 (US$ Bn)
Table 6: Global Energy Storage Systems Market Attractiveness Analysis, by Application
Table 7: Global Energy Storage Systems Market Size and Forecast, by End-user, 2020 – 2031 (US$ Bn)
Table 8: Global Energy Storage Systems Market Attractiveness Analysis, by End-use
Table 9: Global Energy Storage Systems Market Size (US$ Bn) Forecast, by Region, 2020 – 2031
Table 10: Global Energy Storage Systems Market Attractiveness Analysis, by Region
Table 11: North America Energy Storage Systems Market Size and Forecast, by Technology, 2020 – 2031 (US$ Bn)
Table 12: North America Energy Storage Systems Market Size and Forecast Electrochemical Storage Technology, 2020 – 2031 (US$ Bn)
Table 13: North America Energy Storage Systems Market Size and Forecast, by Application, 2020 – 2031 (US$ Bn)
Table 14: North America Energy Storage Systems Market Size and Forecast, by End-user, 2020 – 2031 (US$ Bn)
Table 15: Europe Energy Storage Systems Market Size and Forecast, by Technology, 2020 – 2031 (US$ Bn)
Table 16: Europe Energy Storage Systems Market Size and Forecast Electrochemical Storage Technology, 2020 – 2031 (US$ Bn)
Table 17: Europe Energy Storage Systems Market Size and Forecast, by Application, 2020 – 2031 (US$ Bn)
Table 18: Europe Energy Storage Systems Market Size and Forecast, by End-user, 2020 – 2031 (US$ Bn)
Table 19: Asia Pacific Energy Storage Systems Market Size and Forecast, by Technology, 2020 – 2031 (US$ Bn)
Table 20: Asia Pacific Energy Storage Systems Market Size and Forecast Electrochemical Storage Technology, 2020 – 2031 (US$ Bn)
Table 21: Asia Pacific Energy Storage Systems Market Size and Forecast, by Application, 2020 – 2031 (US$ Bn)
Table 22: Asia Pacific Energy Storage Systems Market Size and Forecast, by End-user, 2020 – 2031 (US$ Bn)
Table 23: Middle East & Africa Energy Storage Systems Market Size and Forecast, by Technology, 2020 – 2031 (US$ Bn)
Table 24: Middle East & Africa Energy Storage Systems Market Size and Forecast Electrochemical Storage Technology, 2020 – 2031 (US$ Bn)
Table 25: Middle East & Africa Energy Storage Systems Market Size and Forecast, by Application, 2020 – 2031 (US$ Bn)
Table 26: Middle East & Africa Energy Storage Systems Market Size and Forecast, by End-user, 2020 – 2031 (US$ Bn)
Table 27:Latin America Energy Storage Systems Market Size and Forecast, by Technology, 2020 – 2031 (US$ Bn)
Table 28:Latin America Energy Storage Systems Market Size and Forecast Electrochemical Storage Technology, 2020 – 2031 (US$ Bn)
Table 29: Latin America Energy Storage Systems Market Size and Forecast, by Application, 2020 – 2031 (US$ Bn)
Table 30: Latin America Energy Storage Systems Market Size and Forecast, by End-user, 2020 – 2031 (US$ Bn)
Table 31: Market Share Analysis, by revenue (2020)
List of Figures
Figure 1: Calculation of Global Energy Storage Systems Market
Figure 2: Global Energy Storage Systems Market
Figure 3: Global Energy Storage Systems Market, by End-user
Figure 4: Global Energy Storage Systems Market Share by Application, 2020
Figure 5: Key Industry Developments
Figure 6: Revenue (US$ Bn) Graphical Analysis
Figure 7: Porter’s Five Forces
Figure 8: Value Chain Analysis
Figure 9: Market Value Share by Technology (2020)
Figure 10: Market Value Share by Application (2020)
Figure 11: Market Value Share, by End-user (2020)
Figure 12: Market Value Share, by Geography (2020)
Figure 13: Global Energy Storage Systems Market Value Share Analysis, by Technology, 2020 and 2031
Figure 14: Global Energy Storage Systems Market Attractiveness Analysis, by Technology
Figure 15: Global Energy Storage Systems Market Value Share Analysis, by Application, 2020 and 2031
Figure 16: Global Energy Storage Systems Market Attractiveness Analysis, by Application
Figure 17: Global Energy Storage Systems Market Value Share Analysis, by End-user, 2020 and 2031
Figure 18: Global Energy Storage Systems Market Attractiveness Analysis, by End-user
Figure 19: Energy Storage Systems Market CAGR (2020 – 2031) Analysis, by Region
Figure 20: Energy Storage Systems Market Attractiveness Analysis, by Region
Figure 21: North America Energy Storage Systems Market Attractiveness Analysis, by Technology
Figure 22: North America Energy Storage Systems Market Attractiveness Analysis, by Application
Figure 23: North America Energy Storage Systems Market Attractiveness Analysis, by End-user
Figure 24: Europe Energy Storage Systems Market Attractiveness Analysis, by Technology
Figure 25: Europe Energy Storage Systems Market Attractiveness Analysis, by Application
Figure 26: North America Energy Storage Systems Market Attractiveness Analysis, by End-user
Figure 27: Asia Pacific Energy Storage Systems Market Attractiveness Analysis, by Technology
Figure 28: Asia Pacific Energy Storage Systems Market Attractiveness Analysis, by Application
Figure 29: Asia Pacific Energy Storage Systems Market Attractiveness Analysis, by End-user
Figure 30: Middle East & Africa Energy Storage Systems Market Attractiveness Analysis, by Technology
Figure 31: Middle East & Africa Energy Storage Systems Market Attractiveness Analysis, by Application
Figure 32: Middle East & Africa Energy Storage Systems Market Attractiveness Analysis, by End-user
Figure 33: Latin America Energy Storage Systems Market Attractiveness Analysis, by Technology
Figure 34: Latin America Energy Storage Systems Market Attractiveness Analysis, by Application
Figure 35: Latin America Energy Storage Systems Market Attractiveness Analysis, by End-user
Figure 36: Competition Matrix Energy Storage Systems
Figure 37: ABB Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 38: ABB Breakdown of Net Sales, by Geography, 2031
Figure 39: BYD Company Limited Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 40: BYD Company Limited Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 41: General Electric Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 42: General Electric Breakdown of Net Sales, by Geography, 2031
Figure 43: General Electric Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 44: General Electric Breakdown of Net Sales, by Geography, 2031
Figure 45: LG Chem, Ltd. Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 46: LG Chem, Ltd. Breakdown of Net Sales, by Geography, 2031
Figure 47: Maxwell Technologies, Inc. Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 48: Maxwell Technologies, Inc. Breakdown of Net Sales, by Geography, 2031
Figure 49: NEC Corporation Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 50: NEC Corporation Breakdown of Net Sales, by Segment, 2031
Figure 51: Panasonic Corporation Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 52: Panasonic Corporation Breakdown of Net Sales, by Geography, 2031
Figure 53: Schneider Electric SE Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 54: Schneider Electric SE Breakdown of Net Sales, by Geography, 2031
Figure 55: Siemens AG Segment (Energy Management) Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 56: Siemens AG Breakdown of Net Sales, by Geography, 2031
Figure 57: Tesla Revenue (US$ Bn) & Y-o-Y Growth (%), 2020–2031
Figure 58: Tesla Breakdown of Net Sales, by Geography, 2031
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Energy Storage Systems Market
