MRO Magazine

Research and Markets: Global Li-ion Battery Market for ESS 2015-2019 – Increased Demand for Li-ion Batteries in Grid Energy Storage

November 4, 2015
By Business Wire News


Research and Markets ( has announced the addition of the “Global Li-ion Battery Market for ESS 2015-2019” report to their offering.

The global Li-ion battery market for ESS to grow at a CAGR of 26% over the period 2014-2019.

The report, Global Li-ion Battery Market for ESS 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and the EMEA regions; it also covers the landscape of global Li-ion battery market for ESS and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Centralized power plants are located in remote locations to eliminate the effects of the hazardous emissions they discharge. However, a drawback of centralized power plants is the huge electricity loss that takes place during transmission. This has led to the emergence of decentralized power generation in the country. Most of these plants generate power from renewable energy sources such as wind and solar. These energy sources generate fewer harmful emissions compared to fossil fuels, and can be located in residential areas. Losses due to transmission are also small as these plants are located near consumers and help generate power, storage of power, and load management. Thus, the increasing generation of energy from decentralized plants will propel the demand for ESS, thereby driving the demand for Li-ion batteries in ESS.

According to the report, grid energy storage involves large-scale storage of electricity in power grids. Over the past three to four years, the demand for Li-ion batteries in grid energy storage has increased to counter fluctuations in the electricity demand and supply. Additionally, the growth in renewable energy production, especially in wind and solar energy, has heightened the need for grid energy storage.

Further, the report states that the main constraint to the broad adoption of Li-ion batteries in ESS is their high cost.

Key vendors

  • A123 Systems
  • BYD
  • Kokam
  • LG Chem
  • Panasonic
  • Samsung SDI
  • SAFT

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Introduction to Li-ion batteries

Part 06: Introduction

Part 07: Market landscape

Part 08: Market segmentation by ownership model

Part 09: Market segmentation by geography

Part 10: Market growth drivers

Part 11: Impact of drivers

Part 12: Market challenges

Part 13: Impact of drivers and challenges

Part 14: Market Trends

Part 15: Vendor landscape

Part 16: Key vendor profiles

Part 17: Other prominent vendor profiles

For more information visit

Research and Markets
Laura Wood, Senior Manager
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Sector: Battery Technology