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Europe Energy Storage Companies (2024 - 2029)

Several globally recognized companies are leading the way in the energy sector, showcasing innovation and technological advancements. These firms range from those specializing in battery technology, to those creating sustainable energy solutions, and those pioneering in the field of electric vehicles. These corporations, through their groundbreaking work, are setting new standards in the industry, shaping the future of energy consumption and storage. Their efforts are not only contributing to the growth of the energy sector but also playing a pivotal role in addressing global environmental challenges.

Home Market Analysis Energy & Power Research Energy Storage Technology Research Energy Storage Market in Europe Market Companies

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Team License

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Corporate License

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Top Companies in Europe Energy Storage Market

This report lists the top Europe Energy Storage companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Europe Energy Storage industry.

  1. BYD Co. Ltd

  2. Samsung SDI Co. Ltd

  3. GS Yuasa Corporation

  4. Contemporary Amperex Technology Co. Limited

  5. LG Energy Solution, Ltd.

*Disclaimer: Top companies sorted in no particular order

Europe Energy Storage Market Major Players

Europe Energy Storage Market Concentration

Europe Energy Storage Market Concentration

Europe Energy Storage Company List

  1. 1. INTRODUCTION

    1. 1.1 Scope of the Study

    2. 1.2 Market Definition

    3. 1.3 Study Assumptions

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET OVERVIEW

    1. 4.1 Introduction

    2. 4.2 Market Size and Demand Forecast, in USD billion, till 2028

    3. 4.3 Recent Trends and Developments

    4. 4.4 Government Policies and Regulations

    5. 4.5 Market Dynamics

      1. 4.5.1 Drivers

      2. 4.5.2 Restraints

    6. 4.6 Supply Chain Analysis

    7. 4.7 Porter's Five Forces Analysis

      1. 4.7.1 Bargaining Power of Suppliers

      2. 4.7.2 Bargaining Power of Consumers

      3. 4.7.3 Threat of New Entrants

      4. 4.7.4 Threat of Substitutes Products and Services

      5. 4.7.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Technology

      1. 5.1.1 Batteries

      2. 5.1.2 Pumped-Storage Hydroelectricity (PSH)

      3. 5.1.3 Thermal Energy Storage (TES)

      4. 5.1.4 Fywheel Energy Storage (FES)

      5. 5.1.5 Others

    2. 5.2 End-User

      1. 5.2.1 Residential

      2. 5.2.2 Commercial & Indsutrial

    3. 5.3 Geography {Market Size and Demand Forecast till 2028 (for regions only)}

      1. 5.3.1 Germany

      2. 5.3.2 United Kingdom

      3. 5.3.3 France

      4. 5.3.4 Italy

      5. 5.3.5 Austria

      6. 5.3.6 Switzerland

      7. 5.3.7 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Strategies Adopted by Leading Players

    3. 6.3 Company Profiles

      1. 6.3.1 GS Yuasa Corporation

      2. 6.3.2 Contemporary Amperex Technology Co. Limited

      3. 6.3.3 Tesla Inc

      4. 6.3.4 BYD Co. Ltd

      5. 6.3.5 Clarios (Formerly Johnson Controls International PLC)

      6. 6.3.6 Varta AG

      7. 6.3.7 LG Energy Solution, Ltd.

      8. 6.3.8 NGK Insulators Ltd

      9. 6.3.9 Samsung SDI Co. Ltd

    4. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS


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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Europe Energy Storage Market Companies Summary

The energy storage sector in Europe, which is anticipated to grow significantly, was affected by the COVID-19 pandemic but has since rebounded to pre-pandemic levels. Key industry players are expected to benefit from factors such as the increasing demand for uninterrupted power supply and decreasing price of lithium-ion batteries. However, challenges such as the mismatch in the supply and demand of raw materials could hinder the growth of these businesses. Despite this, technological advancements in areas like compressed air energy storage (CAES) are expected to create enormous opportunities for the sector. In the context of market trends, the battery segment is seen as crucial for transitioning to a sustainable energy system and is expected to dominate the market. Battery energy storage systems, coupled with renewables, are technically and commercially viable for increasing grid stability. The installation of renewable energy sources has grown significantly in Europe, and many European Union countries are planning to accelerate renewable deployment to reduce their dependence on natural gas imports. This is expected to increase the demand for battery energy storage systems, offering significant opportunities for companies operating in this sector.

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Europe Energy Storage Companies - Table of Contents

  1. 1. COMPETITIVE LANDSCAPE

    1. 1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 1.2 Strategies Adopted by Leading Players

    3. 1.3 Company Profiles

      1. 1.3.1 GS Yuasa Corporation

      2. 1.3.2 Contemporary Amperex Technology Co. Limited

      3. 1.3.3 Tesla Inc

      4. 1.3.4 BYD Co. Ltd

      5. 1.3.5 Clarios (Formerly Johnson Controls International PLC)

      6. 1.3.6 Varta AG

      7. 1.3.7 LG Energy Solution, Ltd.

      8. 1.3.8 NGK Insulators Ltd

      9. 1.3.9 Samsung SDI Co. Ltd

    4. *List Not Exhaustive

Europe Energy Storage Companies FAQs

BYD Co. Ltd, Samsung SDI Co. Ltd, GS Yuasa Corporation, Contemporary Amperex Technology Co. Limited and LG Energy Solution, Ltd. are the major companies operating in the Europe Energy Storage Market.

Europe Energy Storage Market Report Snapshots

Europe Energy Storage Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)