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<2020.2H> Global ESS Market Outlook (2019~2030)

Globally, the ESS market in 2020 will be slightly lower than the previous forecast due to the COVID-19 effect. Yet, the growth trend of the ESS market is expected to continue because countries are focusing on expanding and optimizing new renewable energy to solve environmental issues.

‘Global ESS Market Outlook’ contains new predictions of the ESS market in each sector which have been impacted by variables such as COVID-19. The report constitutes the finalized 2019 market size along with comparisons of the original forecast and the new forecast.

In the past, the primary source of ESS battery supply was from Korean companies, SDI and LGC; however, the ESS competition is heating up as new companies such as TESLA and multiple Chinese companies dive into the global ESS market. As competition is fierce, battery prices are falling sharply than originally expected.

This report was organized in hopes of being a helpful resource for those who are involved in the ESS industry during these tough times.

[LiB ESS demand adjustment compared to previous forecast (2019)]

Ⅰ. Global ESS Supply Expansion Policy

- USA/Europe/Korea/Japan/China/India/Australia

Ⅱ. Outlook for Global ESS Market and Technology

1. Global ESS Market Outlook

2. Market Outlook by ESS Technology

- Lead Acid/Pumped Hydro/Flow Battery/NaS Battery/Others

Ⅲ.Global ESS Market Outlook by Application

1. Grid ESS Market Outlook for Grid

2. ESS Market Outlook for C&I / Residential

3. ESS Market Outlook for Telecom / UPS

Ⅳ. Global LiB - ESS Market Outlook

1. Global LiB – ESS Demand Outlook

2. Outlook by Application

3. Outlook by Region

4. Market Proportion by Region

Ⅴ. LiB-ESS Market Outlook by Application

1. Grid Market

1) Global Market Outlook

2) Outlook by Region