Asia Pacific Lithium-Ion Battery Energy Storage Market Forecast to 2028

Asia Pacific Lithium-Ion Battery Energy Storage Market Forecast to 2028– COVID-19 Impact and Regional Analysis– by Capacity (0-10 kW, 10-20 kW, 20-50 kW, and Above 50 kW), Connection Type (On-Grid and Off-Grid), and End-use (Residential, Commercial, and Industrial, and Utility)

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Description

The Asia Pacific lithium-ion battery energy storage market is expected to grow from US$ 5,939.61 million in 2023 to US$ 11,538.72 million by 2028. It is estimated to grow at a CAGR of 14.2% from 2023 to 2028.

Future Renewable Energy Pipeline Fuels Asia Pacific Lithium-Ion Battery Energy Storage Market

BESS can store excess energy generated during peak generation times, such as sunny or windy days. Reducing their erratic nature can help make renewable energy sources more dependable and dispatchable. By regulating energy output in real-time, frequency regulation services from BESS assist in maintaining a stable grid frequency. This is crucial for renewable energy sources, whose output can change depending on the weather.

BESS containing renewable energy has huge advantages such as energy self-sufficiency, cost-effectiveness, energy resiliency, environmental benefits, and grid support. Therefore, many developed countries are adopting renewable energy. According to The International Energy Agency, China is expected to add approximately half of the world’s new renewable energy capacity between 2022 and 2027 as the growth of BESS is likely to accelerate in the following five years despite eliminating solar and wind power subsidies.

BESS can maintain stable voltage levels by injecting or absorbing reactive electricity into the grid. The system is crucial for renewable energy sources since their intermittent nature might result in voltage fluctuations. It can provide a black start capability, which allows a power system to be restarted after a complete blackout. This is particularly important for systems using renewable energy sources that might be unable to restart after a blackout due to their intermittent nature. BESS can also be used to build microgrids, which are standalone power systems that can enhance the grid in conjunction with renewable energy sources. BESS provides energy independence and resilience to communities, companies, and institutions. Hence, adopting BESS leads to ample opportunities in the renewable energy pipeline during the forecast period.

Asia Pacific Lithium-Ion Battery Energy Storage Market Overview

The Asia Pacific lithium-ion battery energy storage market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Asia Pacific is one of the leading regions in the lithium-ion battery energy storage market, owing to favorable government policies and a rise in investment in wind and solar energy projects. Countries such as India, China, and Japan are the dominating countries holding a major market share, which is further expected to increase during the forecast period. According to China’s National Energy Administration (NEA), solar and wind power output increased by 21% and reached 1,190 TWh in 2022. This accounted for 13.8% of the total power consumption of China, which is approximately equal to the consumption of all urban and rural households. In addition, the supportive government policies are further expanding the installation of renewable energy capacity. According to the State Council of the People’s Republic of China, in 2022, China added total capacity of 125 GW in solar parks and wind farms combined, reaching a total capacity of 1,213 GW, of which photovoltaics accounted for 87.4 GW. Furthermore, the country increased its renewable capacity by 152 GW, including 15 GW from new hydropower plants, 8.8 GW from pumped storage hydropower, and 3.3 GW from biomass facilities, which is 76% of all new power plants built in the country.

Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Lithium-Ion Battery Energy Storage Market Segmentation

The Asia Pacific lithium-ion battery energy storage market is segmented into capacity, connection type, end-use, and country

Based on capacity, the Asia Pacific lithium-ion battery energy storage market is segmented into 0-10 kW, 10-20 kW, 20-50 kW, and Above 50 kW. The 10-20 kW segment held the largest share of the Asia Pacific lithium-ion battery energy storage market in 2023.

Based on connection type, the Asia Pacific lithium-ion battery energy storage market is segmented into on-grid and off-grid. The on-grid segment held a larger share of the Asia Pacific lithium-ion battery energy storage market in 2023.

Based on end use, the Asia Pacific lithium-ion battery energy storage market is segmented into residential, commercial and industrial, and utility. The utility segment held the largest share of the Asia Pacific lithium-ion battery energy storage market in 2023.

Based on country, the Asia Pacific lithium-ion battery energy storage market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the share of the Asia Pacific lithium-ion battery energy storage market in 2023.

ABB Ltd; BYD Co Ltd; Contemporary Amperex Technology Co Ltd; Doosan Gridtech Inc; Exide Industries Ltd; General Electric Co; Hitachi Energy Ltd; LG Chem Ltd; Mitsubishi Heavy Industries Ltd; Panasonic Holdings Corp; Samsung SDI Co Ltd; Siemens Energy AG; and Toshiba Corp are the leading companies operating in the Asia Pacific lithium-ion battery energy storage market.

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At 14.2% CAGR, the Asia Pacific Lithium-Ion Battery Energy Storage Market is speculated to be worth US$ 11,538.72 million by 2028, saysthe research team

According tothe research team’ research, the Asia Pacific lithium-ion battery energy storage market was valued at US$ 5,939.61 million in 2023 and is expected to reach US$ 11,538.72 million by 2028, registering a CAGR of 14.2% from 2023 to 2028. Rising number of wind farms and growing establishment of solar plants are the critical factors attributed to the Asia Pacific lithium-ion battery energy storage market expansion.

A network of decentralized, medium-scale power-generating units, such as wind farms, solar parks, combined heat and power plants, and adaptable power consumers and storage devices, makes up a virtual power plant (VPP). Depending on the market setting, VPPs can carry out various tasks. A virtual electrical grid that connects hundreds or even thousands of households and forms the backbone of a virtual power plant. Many homes might have already installed solar panels and energy storage systems. For backup purposes, a virtual power plant can use BESS together. It can be utilized when there is a need to remove extra power from the grid.

Various organizations around the globe are focusing on modernizing their energy storage systems by developing innovative ways like VPP to increase grid resilience, considering cases of extreme weather. A few of the key players have already started implementing virtual power plants through various collaborations. For instance, to enable the creation of the first virtual power plant (VPP) project in Singapore in 2021, Hitachi ABB Power Grids was chosen to install its ground-breaking energy storage technology. The Energy Research Institute at Nanyang Technological University, Singapore (ERI@N), started working on the project in 2019, and it was funded by Sembcorp Industries and Singapore’s Energy Market Authority (EMA). In 2020, a joint venture between Kraftwerke and Toshiba Energy Systems & Solutions Corporation was expected to be formed. Similarly, Next Kraftwerke Toshiba Corporation, a virtual power plant (VPP) service provider in Japan, permits third parties to set up their VPP. Thus, considering the above instances, a virtual power plant is expected to fuel the lithium-ion battery energy storage market during the forecast period.

On the contrary, availability of alternative technology hampers the Asia Pacific Lithium-Ion Battery Energy Storage Market.

Based on capacity, the Asia Pacific lithium-ion battery energy storage market is segmented into 0-10 kW, 10-20 kW, 20-50 kW, and Above 50 kW. The 10-20 kW segment held 29.6% share of Asia Pacific Lithium-Ion Battery Energy Storage Market in 2023, amassing US$ 1,759.41 million. It is projected to garner US$ 3,390.33 million by 2028 to expand at 14.0% CAGR during 2023–2028.

Based on connection type, the Asia Pacific lithium-ion battery energy storage market is segmented into on-grid and off-grid. The on-grid segment held 68.6% share of Asia Pacific Lithium-Ion Battery Energy Storage Market in 2023, amassing US$ 4,073.92 million. It is projected to garner US$ 8,316.12 million by 2028 to expand at 15.3% CAGR during 2023–2028.

Based on end use, the Asia Pacific lithium-ion battery energy storage market is segmented into residential, commercial and industrial, and utility. The utility segment held 43.6% share of Asia Pacific Lithium-Ion Battery Energy Storage Market in 2023, amassing US$ 2,589.57 million. It is projected to garner US$ 5,217.10 million by 2028 to expand at 15.0% CAGR during 2023–2028.

Based on country, the Asia Pacific lithium-ion battery energy storage market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that the China captured 36.1% share of Asia Pacific Lithium-Ion Battery Energy Storage Market in 2023. It was assessed at US$ 2,146.91 million in 2023 and is likely to hit US$ 4,280.87 million by 2028, exhibiting a CAGR of 14.8% during the forecast period.

Key players dominating the Asia Pacific lithium-ion battery energy storage market are ABB Ltd; BYD Co Ltd; Contemporary Amperex Technology Co Ltd; Doosan Gridtech Inc; Exide Industries Ltd; General Electric Co; Hitachi Energy Ltd; LG Chem Ltd; Mitsubishi Heavy Industries Ltd; Panasonic Holdings Corp; Samsung SDI Co Ltd; Siemens Energy AG; and Toshiba Corp, among others.

In 2022, Exide’s Li-ion cell plant in Karnataka is to be ready in 27-30 months. The project, spread over 80 acres, will expand to become a 12-Gwh (Gigawatt hour) capacity integrated lithium-ion battery facility involving a total investment of Rs 6,000 crore. It will take 8-10 years to reach its peak capacity.

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TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Lithium-Ion Battery Energy Storage Market Landscape
4.1 Market Overview
4.2 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Asia Pacific Lithium-Ion Battery Energy Storage Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Number of Wind Farms
5.1.2 Growing Establishment of Solar Plants
5.2 Market Restraints
5.2.1 Availability of Alternative Technology
5.3 Market Opportunities
5.3.1 Future Renewable Energy Pipeline
5.4 Trends
5.4.1 Virtual Power Plant
5.5 Impact Analysis of Drivers and Restraints
6. Lithium-Ion Battery Energy Storage Market – Asia Pacific Market Analysis
6.1 Asia Pacific Lithium-Ion Battery Energy Storage Market- Overview
6.2 Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue Forecast and Analysis
7. Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 – Capacity
7.1 Overview
7.2 Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity (2022 & 2028)
7.3 0-10kW
7.3.1 Overview
7.3.2 0-10kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.4-20kW
7.4.1 Overview
7.4.2-20kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.5-50kW
7.5.1 Overview
7.5.2-50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.6 Above 50kW
7.6.1 Overview
7.6.2 Above 50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 – Connection Type
8.1 Overview
8.2 Asia Pacific Lithium-Ion Battery Energy Storage Market , By Connection Type (2022 & 2028)
8.3 On-Grid
8.3.1 Overview
8.3.2 On-Grid: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
8.4 Off-Grid
8.4.1 Overview
8.4.2 Off-Grid: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 – End Use
9.1 Overview
9.2 Asia Pacific Lithium-Ion Battery Energy Storage Market , By End Use (2022 & 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.1 0-10 KW
9.3.2.1.1 0-10 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.2-20 KW
9.3.2.2.1-20 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.3-50 KW
9.3.2.3.1-50 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial and Industrial
9.4.1 Overview
9.4.2 Commercial and Industrial: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.1 0-10 KW
9.4.2.1.1 0-10 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.2-20 KW
9.4.2.2.1-20 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.3-50 KW
9.4.2.3.1-50 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.4 Above 50kW
9.4.2.4.1 Above 50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5 Utility
9.5.1 Overview
9.5.2 Utility: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.1 0-10 KW
9.5.2.1.1 0-10 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.2-20 KW
9.5.2.2.1-20 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.3-50 KW
9.5.2.3.1-50 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.4 Above 50kW
9.5.2.4.1 Above 50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Lithium-Ion Battery Energy Storage Market – Country Analysis
10.1 Overview
10.1.1 Asia Pacific Lithium-Ion Battery Energy Storage Market , by Key Country
10.1.1.1 Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity
10.1.1.1.2 Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type
10.1.1.1.3 Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use
10.1.1.2 China: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity
10.1.1.2.2 China: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type
10.1.1.2.3 China: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use
10.1.1.3 India: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 India: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity
10.1.1.3.2 India: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type
10.1.1.3.3 India: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use
10.1.1.4 Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity
10.1.1.4.2 Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type
10.1.1.4.3 Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use
10.1.1.5 South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity
10.1.1.5.2 South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type
10.1.1.5.3 South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use
10.1.1.6 Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity
10.1.1.6.2 Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type
10.1.1.6.3 Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 ABB Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Doosan Gridtech Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Exide Industries Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hitachi Energy Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Toshiba Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Mitsubishi Heavy Industries Ltd
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 General Electric Co
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Siemens Energy AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Panasonic Holdings Corp
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Contemporary Amperex Technology Co Ltd
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Samsung SDI Co Ltd
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 LG Chem Ltd
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 BYD Co Ltd
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index

LIST OF TABLES

Table 1. Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 5. China: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 8. India: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. India: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. India: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 12. Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 14. South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market , by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market , by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation

LIST OF FIGURES

Figure 1. Asia Pacific Lithium-Ion Battery Energy Storage Market Segmentation
Figure 2. Asia Pacific Lithium-Ion Battery Energy Storage Market Segmentation – By Country
Figure 3. Asia Pacific Lithium-Ion Battery Energy Storage Market Overview
Figure 4. Asia Pacific Lithium-Ion Battery Energy Storage Market , by Capacity
Figure 5. Asia Pacific Lithium-Ion Battery Energy Storage Market , by Country
Figure 6. Asia Pacific– PEST Analysis
Figure 7. Asia Pacific Lithium-Ion Battery Energy Storage Market – Ecosystem Analysis
Figure 8. Asia Pacific Lithium-Ion Battery Energy Storage Market : Impact Analysis of Drivers and Restraints
Figure 9. Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Asia Pacific Lithium-Ion Battery Energy Storage Market , By Capacity (2022 & 2028)
Figure 11. 0-10kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 12.-20kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 13.-50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Above 50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Lithium-Ion Battery Energy Storage Market , By Connection Type (2022 & 2028)
Figure 16. On-Grid: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Off-Grid: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Asia Pacific Lithium-Ion Battery Energy Storage Market , By End Use (2022 & 2028)
Figure 19. Residential: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. 0-10 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 21.-20 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 22.-50 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Commercial and Industrial: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. 0-10 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 25.-20 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 26.-50 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Above 50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Utility: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. 0-10 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 30.-20 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 31.-50 KW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Above 50kW: Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Asia Pacific Lithium-Ion Battery Energy Storage Market, by Key Country– Revenue and Forecast to 2028 (US$ Million)
Figure 34. Asia Pacific Lithium-Ion Battery Energy Storage Market Revenue Share, by Key Country (2022 & 2028)
Figure 35. Australia: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. China: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. India: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Japan: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. South Korea: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of APAC: Asia Pacific Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)

The List of Companies – Asia Pacific Lithium-Ion Battery Energy Storage Market
– ABB Ltd
– BYD Co Ltd
– Contemporary Amperex Technology Co Ltd
– Doosan Gridtech Inc
– Exide Industries Ltd
– General Electric Co
– Hitachi Energy Ltd
– LG Chem Ltd
– Mitsubishi Heavy Industries Ltd
– Panasonic Holdings Corp
– Samsung SDI Co Ltd
– Siemens Energy AG
– Toshiba Corp

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