Europe Lithium-Ion Battery Energy Storage Market Forecast to 2028
Europe 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
Growing Establishment of Solar Plants Fuels Europe Lithium-Ion Battery Energy Storage Market
Lithium-ion batteries are highly efficient and flexible, making them well-suited for use in battery energy storage systems. They can store energy from solar panels during sunlight and discharge it when demand is high, providing reliable backup power for homes and businesses. Since these batteries are used for residential and commercial purposes, it is becoming affordable. The cost of lithium-ion batteries has been declining steadily in recent years, making them more cost-effective for homeowners and businesses to install. This has helped to increase the adoption of battery energy storage systems, particularly when paired with solar energy systems. Systems for storing energy using lithium-ion batteries can be scaled up or down to meet the requirements of various applications. This qualifies them for usage in utility-scale projects and in residential and commercial contexts.
The rise in capacity resulted from numerous governmental initiatives, including auctions, feed-in tariffs, net metering, and contracts for difference. From 2021 to 2022, governments of various countries made significant policies and target adjustments that affected solar PV growth. For instance, The European Commission suggested raising the 2030 renewable energy target for the union from 32% to 40% in July 2021. The REPowerEU Plan boosted the intended aim even higher, raising it to 45% in May 2022 (which would require 1 236 GW of installed renewable power, including 600 GW of solar PV). Solar PV was one of the primary technologies used to achieve these goals. Thus, growing development of solar plants in developed countries is driving the lithium-ion battery energy storage market growth.
Europe Lithium-Ion Battery Energy Storage Market Overview
Various companies and governments of several countries in Europe are focusing on expanding their renewable energy installation. In January 2023, Iberdrola announced that it had secured environmental approvals to build the largest solar photovoltaic (PV) plant in Europe, which will be the fifth-largest PV plant worldwide. This new 1,200-MW Fernando Pessoa solar project is in Portugal. In 2022, the company inaugurated the Tâmega pumped hydroelectric storage complex, for which an investment of ~US$ 1.63 billion (EUR 1.5 billion) was made. It is one of the largest hydroelectric storage complexes in Europe. Further, the company announced its plan to invest an additional US$ 3.26 billion (EUR 3 billion) in wind and solar energy in Portugal. Thus, the rise in new installations of wind and solar power plant in the region will further fuel the market growth.
Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Europe Lithium-Ion Battery Energy Storage Market Segmentation
The Europe lithium-ion battery energy storage market is segmented into capacity, connection type, end-use, and country.
Based on capacity, the Europe 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 Europe lithium-ion battery energy storage market in 2023.
Based on connection type, the Europe lithium-ion battery energy storage market is segmented into on-grid and off-grid. The on-grid segment held a larger share of the Europe lithium-ion battery energy storage market in 2023.
Based on end use, the Europe lithium-ion battery energy storage market is segmented into residential, commercial and industrial, and utility. The utility segment held the largest share of the Europe lithium-ion battery energy storage market in 2023.
Based on country, the Europe lithium-ion battery energy storage market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Germany dominated the share of the Europe lithium-ion battery energy storage market in 2023.
ABB Ltd; Blue Solutions SAS; BYD Co Ltd; Contemporary Amperex Technology Co Ltd; Exide Industries Ltd; General Electric Co; Hitachi Energy Ltd; LG Chem Ltd; Mitsubishi Heavy Industries Ltd; Panasonic Holdings Corp; PowerTech Systems SAS; Samsung SDI Co Ltd; Siemens Energy AG; and Toshiba Corp are the leading companies operating in the Europe lithium-ion battery energy storage market.
Summary Info
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According to the research team’ research, the Europe lithium-ion battery energy storage market was valued at US$ 2,739.99 million in 2023 and is expected to reach US$ 5,533.34 million by 2028, registering a CAGR of 15.1% from 2023 to 2028. Rising number of wind farms and growing establishment of solar plants are the critical factors attributed to the Europe lithium-ion battery energy storage market expansion.
Wind farms continue to improve the safety and performance of energy storage systems in terms of environmental impact by enhancing their quality, quantity, and reliability. Battery storage solutions are becoming more popular due to widespread support for renewable energy and carbon reduction. Batteries can be crucial in balancing the erratic nature of renewable energy sources, significantly boosting electricity consumers’ demand for clean energy. Several manufacturers are focusing on establishing wind farms across the region. Vestas, a Danish firm, announced its plan to launch an onshore wind turbine tower with a hub height measuring 199 meters. The tower has been designed to be used by Vestas’ V172-7.2MW turbine. In April 2022, Adani announced its plan to launch India’s biggest wind turbine with technology from W2E Wind to Energy GmbH of Germany. Onshore wind technology continues to dominate the growth of wind capacity. Still, offshore wind technology is expected to grow in the coming years; 93% of 830 GW of installed wind power in 2021 was generated from onshore systems, with the remaining 7% from offshore wind farms. In contrast to offshore wind, which is still in the early stages of development and only has capacity in 19 nations, onshore wind is a mature technology used in 115 countries across the globe. However, with other nations preparing to build their first offshore wind farm, the offshore reach is anticipated to grow over the next few years. Thus, the growing number of onshore and offshore wind farms are increasing the demand for battery energy storage, which is further driving the growth of lithium-ion battery energy storage.
On the contrary, availability of alternative technology hampers the Europe Lithium-Ion Battery Energy Storage Market.
Based on capacity, the Europe 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 30.7% share of Europe Lithium-Ion Battery Energy Storage Market in 2023, amassing US$ 842.36 million. It is projected to garner US$ 1,659.64 million by 2028 to expand at 14.5% CAGR during 2023–2028.
Based on connection type, the Europe lithium-ion battery energy storage market is segmented into on-grid and off-grid. The on-grid segment held 67.5% share of Europe Lithium-Ion Battery Energy Storage Market in 2023, amassing US$ 1,849.93 million. It is projected to garner US$ 3,895.66 million by 2028 to expand at 16.1% CAGR during 2023–2028.
Based on end use, the Europe lithium-ion battery energy storage market is segmented into residential, commercial and industrial, and utility. The utility segment held 44.9% share of Europe Lithium-Ion Battery Energy Storage Market in 2023, amassing US$ 1,228.89 million. It is projected to garner US$ 2,550.65 million by 2028 to expand at 15.7% CAGR during 2023–2028.
Based on country, the Europe lithium-ion battery energy storage market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Our regional analysis states that the Germany captured 29.4% share of Europe Lithium-Ion Battery Energy Storage Market in 2023. It was assessed at US$ 805.97 million in 2023 and is likely to hit US$ 1,588.07 million by 2028, exhibiting a CAGR of 14.5% during the forecast period.
Key players dominating the Europe lithium-ion battery energy storage market are ABB Ltd; Blue Solutions SAS; BYD Co Ltd; Contemporary Amperex Technology Co Ltd; Exide Industries Ltd; General Electric Co; Hitachi Energy Ltd; LG Chem Ltd; Mitsubishi Heavy Industries Ltd; Panasonic Holdings Corp; PowerTech Systems SAS; Samsung SDI Co Ltd; Siemens Energy AG; and Toshiba Corp, among others.
In 2020, Blue Solutions has contracted with Réseau de Transport d’Electricité (RTE), the French electricity transport network operator, to supply more than 30 MWh of Lithium Metal Polymer (LMP) batteries. The RINGO project will utilize all-solid batteries to manage local network congestion. Blue Solutions aims to improve energy storage by providing this innovative technology and contribute to France’s more reliable and sustainable electricity system.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe lithium-ion battery energy storage market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe lithium-ion battery energy storage market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Lithium-Ion Battery Energy Storage Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe 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 –Europe Market Analysis
6.1 Europe Lithium-Ion Battery Energy Storage Market Overview
6.2 Europe Lithium-Ion Battery Energy Storage Market Revenue Forecast and Analysis
7. Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 – Capacity
7.1 Overview
7.2 Europe Lithium-Ion Battery Energy Storage Market, By Capacity (2022 & 2028)
7.3 0-10kW
7.3.1 Overview
7.3.2 0-10kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.4-20kW
7.4.1 Overview
7.4.2-20kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.5-50kW
7.5.1 Overview
7.5.2-50kW: Europe 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: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 – Connection Type
8.1 Overview
8.2 Europe Lithium-Ion Battery Energy Storage Market, By Connection Type (2022 & 2028)
8.3 On-Grid
8.3.1 Overview
8.3.2 On-Grid: Europe 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: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 – End Use
9.1 Overview
9.2 Europe Lithium-Ion Battery Energy Storage Market, By End Use (2022 & 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Europe 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: Europe 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: Europe 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: Europe 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: Europe 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: Europe 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: Europe 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: Europe 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: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5 Utility
9.5.1 Overview
9.5.2 Utility: Europe 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: Europe 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: Europe 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: Europe 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: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
10. Europe Lithium-Ion Battery Energy Storage Market – Country Analysis
10.1 Overview
10.1.1 Europe: Europe Lithium-Ion Battery Energy Storage Market, by Key Country
10.1.1.1 Germany: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Europe Lithium-Ion Battery Energy Storage Market, By Capacity
10.1.1.1.2 Germany: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type
10.1.1.1.3 Germany: Europe Lithium-Ion Battery Energy Storage Market, by End Use
10.1.1.2 France: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Europe Lithium-Ion Battery Energy Storage Market, By Capacity
10.1.1.2.2 France: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type
10.1.1.2.3 France: Europe Lithium-Ion Battery Energy Storage Market, by End Use
10.1.1.3 Italy: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Europe Lithium-Ion Battery Energy Storage Market, By Capacity
10.1.1.3.2 Italy: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type
10.1.1.3.3 Italy: Europe Lithium-Ion Battery Energy Storage Market, by End Use
10.1.1.4 UK: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Europe Lithium-Ion Battery Energy Storage Market, By Capacity
10.1.1.4.2 UK: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type
10.1.1.4.3 UK: Europe Lithium-Ion Battery Energy Storage Market, by End Use
10.1.1.5 Spain: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Spain: Europe Lithium-Ion Battery Energy Storage Market, By Capacity
10.1.1.5.2 Spain: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type
10.1.1.5.3 Spain: Europe Lithium-Ion Battery Energy Storage Market, by End Use
10.1.1.6 Rest of Europe: Europe Lithium-Ion Battery Energy Storage Market– Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Europe Lithium-Ion Battery Energy Storage Market, By Capacity
10.1.1.6.2 Rest of Europe: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type
10.1.1.6.3 Rest of Europe: Europe 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 Exide Industries Ltd
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 Hitachi Energy 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 Toshiba Corp
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 Mitsubishi Heavy Industries Ltd
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 Blue Solutions SAS
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 PowerTech Systems SAS
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 Panasonic Holdings Corp
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 Contemporary Amperex Technology 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 Samsung SDI Co 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 LG Chem 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
12.14 BYD Co Ltd
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany: Europe Lithium-Ion Battery Energy Storage Market, By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Europe Lithium-Ion Battery Energy Storage Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Europe Lithium-Ion Battery Energy Storage Market, By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Europe Lithium-Ion Battery Energy Storage Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Europe Lithium-Ion Battery Energy Storage Market, By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Europe Lithium-Ion Battery Energy Storage Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: Europe Lithium-Ion Battery Energy Storage Market, By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Europe Lithium-Ion Battery Energy Storage Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 14. Spain: Europe Lithium-Ion Battery Energy Storage Market, By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 15. Spain: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Spain: Europe Lithium-Ion Battery Energy Storage Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: Europe Lithium-Ion Battery Energy Storage Market, By Capacity – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Europe Lithium-Ion Battery Energy Storage Market, by Connection Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Europe 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. Europe Lithium-Ion Battery Energy Storage Market Segmentation
Figure 2. Europe Lithium-Ion Battery Energy Storage Market Segmentation – By Country
Figure 3. Europe Lithium-Ion Battery Energy Storage Market Overview
Figure 4. Europe Lithium-Ion Battery Energy Storage Market, by Capacity
Figure 5. Europe Lithium-Ion Battery Energy Storage Market, by Country
Figure 6. Europe – PEST Analysis
Figure 7. Europe Lithium-Ion Battery Energy Storage Market – Ecosystem Analysis
Figure 8. Europe Lithium-Ion Battery Energy Storage Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Lithium-Ion Battery Energy Storage Market Revenue Forecast and Analysis (US$ Million)
Figure 10. Europe Lithium-Ion Battery Energy Storage Market, By Capacity (2022 & 2028)
Figure 11. 0-10kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 12.-20kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 13.-50kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Above 50kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Lithium-Ion Battery Energy Storage Market, By Connection Type (2022 & 2028)
Figure 16. On-Grid: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Off-Grid: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Lithium-Ion Battery Energy Storage Market, By End Use (2022 & 2028)
Figure 19. Residential: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. 0-10 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 21.-20 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 22.-50 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Commercial and Industrial: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. 0-10 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 25.-20 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 26.-50 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Above 50kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Utility: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. 0-10 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 30.-20 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 31.-50 KW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Above 50kW: Europe Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Europe Lithium-Ion Battery Energy Storage Market, by Key Country– Revenue (2022) (US$ Million)
Figure 34. Europe Lithium-Ion Battery Energy Storage Market- Revenue Share, by Key Country (2022 & 2028)
Figure 35. Germany: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. France: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Italy: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. UK: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Spain: Europe Lithium-Ion Battery Energy Storage Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of Europe: Europe Lithium-Ion Battery Energy Storage Market– Revenue and Forecast to 2028 (US$ Million)
The List of Companies – Europe Lithium-Ion Battery Energy Storage Market
o ABB Ltd
o Blue Solutions SAS
o BYD Co Ltd
o Contemporary Amperex Technology Co Ltd
o Exide Industries Ltd
o General Electric Co
o Hitachi Energy Ltd
o LG Chem Ltd
o Mitsubishi Heavy Industries Ltd
o Panasonic Holdings Corp
o PowerTech Systems SAS
o Samsung SDI Co Ltd
o Siemens Energy AG
o Toshiba Corp
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