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Distributed Energy Storage System Market - Top Companies and Manufacturers

  • Report ID: 3962
  • Published Date: Mar 06, 2023
  • Report Format: PDF, PPT

Companies Dominating the Distributed Energy Storage System Landscape

top-features-companies
    • Johnson Controls International plc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ABB Ltd.
    • Schneider Electric SE
    • Emerson Electric Co.
    • Advanced Control Systems, LLC
    • Hitachi, Ltd.
    • LG Energy Solution Ltd.
    • NEC Corporation
    • The General Electric Company
    • Jabil, Inc.
Browse Key Market Insights with Data Illustration:

In the News

  • Emerson Electric Co. launched the Oviation Green Portfolio, a new innovative technology and software portfolio designed to help power generation organizations, transition to green energy production and storage.

  • ABB Ltd. has partnered with SaltX Technology to develop a large-scale energy storage system that offsets the inconsistencies in renewable energy production.


Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 3962
  • Published Date: Mar 06, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing deployment of microgrids, rising fossil fuel prices, and escalating government policies to mitigate carbon emissions are the major factors driving market growth.

The market is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2023-2035.

Thermal runaway issues of batteries, high capital investment in DES systems, and increasing cost of lithium are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Johnson Controls International plc, ABB Ltd., Schneider Electric SE, Emerson Electric Co., Advanced Control Systems, LLC, Hitachi, Ltd., LG Energy Solution Ltd., NEC Corporation, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by capacity type, battery, application, end-user, and by region.

The transportation segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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