Abstract
Summary
LPI (LP Information)' newest research report, the “New Energy Storage Industry Forecast” looks at past sales and reviews total world New Energy Storage sales in 2024, providing a comprehensive analysis by region and market sector of projected New Energy Storage sales for 2025 through 2031. With New Energy Storage sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world New Energy Storage industry.
This Insight Report provides a comprehensive analysis of the global New Energy Storage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on New Energy Storage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global New Energy Storage market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for New Energy Storage and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global New Energy Storage.
The global New Energy Storage market size is projected to grow from US$ million in 2024 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
United States market for New Energy Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for New Energy Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for New Energy Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key New Energy Storage players cover Duke Energy, E.ON, East Penn Manufacturing, EDF Renewable Energy, Fluence Energy, GE Power, Invenergy, LG Chem and Tesla, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
This report presents a comprehensive overview, market shares, and growth opportunities of New Energy Storage market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mechanical Energy Storage
Electromagnetic Energy Storage
Electrochemical Energy Storage
Others
Segmentation by application
Power Side
Grid Side
User Side
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Duke Energy
E.ON
East Penn Manufacturing
EDF Renewable Energy
Fluence Energy
GE Power
Invenergy
LG Chem
Tesla
ABB
Johnson Controls
SolarEdge
EnerVault
BYD
CATL
Samsung SDI
Hitachi
Kokam
LSIS
NGK
Primus
Panasonic
Key Questions Addressed in this Report
What is the 10-year outlook for the global New Energy Storage market?
What factors are driving New Energy Storage market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do New Energy Storage market opportunities vary by end market size?
How does New Energy Storage break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
This Insight Report provides a comprehensive analysis of the global New Energy Storage landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on New Energy Storage portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global New Energy Storage market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for New Energy Storage and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global New Energy Storage.
The global New Energy Storage market size is projected to grow from US$ million in 2024 to US$ million in 2031; it is expected to grow at a CAGR of % from 2025 to 2031.
United States market for New Energy Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for New Energy Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for New Energy Storage is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key New Energy Storage players cover Duke Energy, E.ON, East Penn Manufacturing, EDF Renewable Energy, Fluence Energy, GE Power, Invenergy, LG Chem and Tesla, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
This report presents a comprehensive overview, market shares, and growth opportunities of New Energy Storage market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mechanical Energy Storage
Electromagnetic Energy Storage
Electrochemical Energy Storage
Others
Segmentation by application
Power Side
Grid Side
User Side
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Duke Energy
E.ON
East Penn Manufacturing
EDF Renewable Energy
Fluence Energy
GE Power
Invenergy
LG Chem
Tesla
ABB
Johnson Controls
SolarEdge
EnerVault
BYD
CATL
Samsung SDI
Hitachi
Kokam
LSIS
NGK
Primus
Panasonic
Key Questions Addressed in this Report
What is the 10-year outlook for the global New Energy Storage market?
What factors are driving New Energy Storage market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do New Energy Storage market opportunities vary by end market size?
How does New Energy Storage break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global New Energy Storage Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for New Energy Storage by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for New Energy Storage by Country/Region, 2020, 2024 & 2031
2.2 New Energy Storage Segment by Type
2.2.1 Mechanical Energy Storage
2.2.2 Electromagnetic Energy Storage
2.2.3 Electrochemical Energy Storage
2.2.4 Others
2.3 New Energy Storage Sales by Type
2.3.1 Global New Energy Storage Sales Market Share by Type (2020-2025)
2.3.2 Global New Energy Storage Revenue and Market Share by Type (2020-2025)
2.3.3 Global New Energy Storage Sale Price by Type (2020-2025)
2.4 New Energy Storage Segment by Application
2.4.1 Power Side
2.4.2 Grid Side
2.4.3 User Side
2.5 New Energy Storage Sales by Application
2.5.1 Global New Energy Storage Sale Market Share by Application (2020-2025)
2.5.2 Global New Energy Storage Revenue and Market Share by Application (2020-2025)
2.5.3 Global New Energy Storage Sale Price by Application (2020-2025)
3 Global New Energy Storage by Company
3.1 Global New Energy Storage Breakdown Data by Company
3.1.1 Global New Energy Storage Annual Sales by Company (2020-2025)
3.1.2 Global New Energy Storage Sales Market Share by Company (2020-2025)
3.2 Global New Energy Storage Annual Revenue by Company (2020-2025)
3.2.1 Global New Energy Storage Revenue by Company (2020-2025)
3.2.2 Global New Energy Storage Revenue Market Share by Company (2020-2025)
3.3 Global New Energy Storage Sale Price by Company
3.4 Key Manufacturers New Energy Storage Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers New Energy Storage Product Location Distribution
3.4.2 Players New Energy Storage Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2025)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for New Energy Storage by Geographic Region
4.1 World Historic New Energy Storage Market Size by Geographic Region (2020-2025)
4.1.1 Global New Energy Storage Annual Sales by Geographic Region (2020-2025)
4.1.2 Global New Energy Storage Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic New Energy Storage Market Size by Country/Region (2020-2025)
4.2.1 Global New Energy Storage Annual Sales by Country/Region (2020-2025)
4.2.2 Global New Energy Storage Annual Revenue by Country/Region (2020-2025)
4.3 Americas New Energy Storage Sales Growth
4.4 APAC New Energy Storage Sales Growth
4.5 Europe New Energy Storage Sales Growth
4.6 Middle East & Africa New Energy Storage Sales Growth
5 Americas
5.1 Americas New Energy Storage Sales by Country
5.1.1 Americas New Energy Storage Sales by Country (2020-2025)
5.1.2 Americas New Energy Storage Revenue by Country (2020-2025)
5.2 Americas New Energy Storage Sales by Type
5.3 Americas New Energy Storage Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC New Energy Storage Sales by Region
6.1.1 APAC New Energy Storage Sales by Region (2020-2025)
6.1.2 APAC New Energy Storage Revenue by Region (2020-2025)
6.2 APAC New Energy Storage Sales by Type
6.3 APAC New Energy Storage Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe New Energy Storage by Country
7.1.1 Europe New Energy Storage Sales by Country (2020-2025)
7.1.2 Europe New Energy Storage Revenue by Country (2020-2025)
7.2 Europe New Energy Storage Sales by Type
7.3 Europe New Energy Storage Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa New Energy Storage by Country
8.1.1 Middle East & Africa New Energy Storage Sales by Country (2020-2025)
8.1.2 Middle East & Africa New Energy Storage Revenue by Country (2020-2025)
8.2 Middle East & Africa New Energy Storage Sales by Type
8.3 Middle East & Africa New Energy Storage Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of New Energy Storage
10.3 Manufacturing Process Analysis of New Energy Storage
10.4 Industry Chain Structure of New Energy Storage
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 New Energy Storage Distributors
11.3 New Energy Storage Customer
12 World Forecast Review for New Energy Storage by Geographic Region
12.1 Global New Energy Storage Market Size Forecast by Region
12.1.1 Global New Energy Storage Forecast by Region (2026-2031)
12.1.2 Global New Energy Storage Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global New Energy Storage Forecast by Type
12.7 Global New Energy Storage Forecast by Application
13 Key Players Analysis
13.1 Duke Energy
13.1.1 Duke Energy Company Information
13.1.2 Duke Energy New Energy Storage Product Portfolios and Specifications
13.1.3 Duke Energy New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Duke Energy Main Business Overview
13.1.5 Duke Energy Latest Developments
13.2 E.ON
13.2.1 E.ON Company Information
13.2.2 E.ON New Energy Storage Product Portfolios and Specifications
13.2.3 E.ON New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 E.ON Main Business Overview
13.2.5 E.ON Latest Developments
13.3 East Penn Manufacturing
13.3.1 East Penn Manufacturing Company Information
13.3.2 East Penn Manufacturing New Energy Storage Product Portfolios and Specifications
13.3.3 East Penn Manufacturing New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 East Penn Manufacturing Main Business Overview
13.3.5 East Penn Manufacturing Latest Developments
13.4 EDF Renewable Energy
13.4.1 EDF Renewable Energy Company Information
13.4.2 EDF Renewable Energy New Energy Storage Product Portfolios and Specifications
13.4.3 EDF Renewable Energy New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 EDF Renewable Energy Main Business Overview
13.4.5 EDF Renewable Energy Latest Developments
13.5 Fluence Energy
13.5.1 Fluence Energy Company Information
13.5.2 Fluence Energy New Energy Storage Product Portfolios and Specifications
13.5.3 Fluence Energy New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Fluence Energy Main Business Overview
13.5.5 Fluence Energy Latest Developments
13.6 GE Power
13.6.1 GE Power Company Information
13.6.2 GE Power New Energy Storage Product Portfolios and Specifications
13.6.3 GE Power New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 GE Power Main Business Overview
13.6.5 GE Power Latest Developments
13.7 Invenergy
13.7.1 Invenergy Company Information
13.7.2 Invenergy New Energy Storage Product Portfolios and Specifications
13.7.3 Invenergy New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Invenergy Main Business Overview
13.7.5 Invenergy Latest Developments
13.8 LG Chem
13.8.1 LG Chem Company Information
13.8.2 LG Chem New Energy Storage Product Portfolios and Specifications
13.8.3 LG Chem New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 LG Chem Main Business Overview
13.8.5 LG Chem Latest Developments
13.9 Tesla
13.9.1 Tesla Company Information
13.9.2 Tesla New Energy Storage Product Portfolios and Specifications
13.9.3 Tesla New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Tesla Main Business Overview
13.9.5 Tesla Latest Developments
13.10 ABB
13.10.1 ABB Company Information
13.10.2 ABB New Energy Storage Product Portfolios and Specifications
13.10.3 ABB New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 ABB Main Business Overview
13.10.5 ABB Latest Developments
13.11 Johnson Controls
13.11.1 Johnson Controls Company Information
13.11.2 Johnson Controls New Energy Storage Product Portfolios and Specifications
13.11.3 Johnson Controls New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Johnson Controls Main Business Overview
13.11.5 Johnson Controls Latest Developments
13.12 SolarEdge
13.12.1 SolarEdge Company Information
13.12.2 SolarEdge New Energy Storage Product Portfolios and Specifications
13.12.3 SolarEdge New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 SolarEdge Main Business Overview
13.12.5 SolarEdge Latest Developments
13.13 EnerVault
13.13.1 EnerVault Company Information
13.13.2 EnerVault New Energy Storage Product Portfolios and Specifications
13.13.3 EnerVault New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 EnerVault Main Business Overview
13.13.5 EnerVault Latest Developments
13.14 BYD
13.14.1 BYD Company Information
13.14.2 BYD New Energy Storage Product Portfolios and Specifications
13.14.3 BYD New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 BYD Main Business Overview
13.14.5 BYD Latest Developments
13.15 CATL
13.15.1 CATL Company Information
13.15.2 CATL New Energy Storage Product Portfolios and Specifications
13.15.3 CATL New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 CATL Main Business Overview
13.15.5 CATL Latest Developments
13.16 Samsung SDI
13.16.1 Samsung SDI Company Information
13.16.2 Samsung SDI New Energy Storage Product Portfolios and Specifications
13.16.3 Samsung SDI New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Samsung SDI Main Business Overview
13.16.5 Samsung SDI Latest Developments
13.17 Hitachi
13.17.1 Hitachi Company Information
13.17.2 Hitachi New Energy Storage Product Portfolios and Specifications
13.17.3 Hitachi New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Hitachi Main Business Overview
13.17.5 Hitachi Latest Developments
13.18 Kokam
13.18.1 Kokam Company Information
13.18.2 Kokam New Energy Storage Product Portfolios and Specifications
13.18.3 Kokam New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Kokam Main Business Overview
13.18.5 Kokam Latest Developments
13.19 LSIS
13.19.1 LSIS Company Information
13.19.2 LSIS New Energy Storage Product Portfolios and Specifications
13.19.3 LSIS New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 LSIS Main Business Overview
13.19.5 LSIS Latest Developments
13.20 NGK
13.20.1 NGK Company Information
13.20.2 NGK New Energy Storage Product Portfolios and Specifications
13.20.3 NGK New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 NGK Main Business Overview
13.20.5 NGK Latest Developments
13.21 Primus
13.21.1 Primus Company Information
13.21.2 Primus New Energy Storage Product Portfolios and Specifications
13.21.3 Primus New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Primus Main Business Overview
13.21.5 Primus Latest Developments
13.22 Panasonic
13.22.1 Panasonic Company Information
13.22.2 Panasonic New Energy Storage Product Portfolios and Specifications
13.22.3 Panasonic New Energy Storage Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Panasonic Main Business Overview
13.22.5 Panasonic Latest Developments
14 Research Findings and Conclusion