Market Research Report

Energy Storage as a Service (ESaaS) Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-8531
  • CAT ID : 11
  • Pages : 95
  • Date : Jun 2023
 

The global Energy Storage as a Service (ESaaS) market was valued at US$ 1289.3 million in 2022 and is projected to reach US$ 2549.5 million by 2029, at a CAGR of 10.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Energy storage as a service is a new model. Thus, limited companies are offering these services at the global level. The majority of the players in this market are operating at the local and regional levels only. For instance, YSG Solar, a U.S.-based company, is offering these services in local areas. There is a significant opportunity for these services from the untapped markets and remote areas where there is a lack of power supply. In the developed markets such as the U.S., factors such as peak load challenge and backup power to avoid blackouts are driving the market opportunities. Moreover, the increasing focus towards renewable energy generation in the region and decreasing dependency on fossil fuel energy generation are driving the market demand in the U.S.
Energy storage as a service (ESaaS) allows a facility to benefit from the advantages of an energy storage system by entering into a service agreement without purchasing the system. Energy storage systems provide a range of services to generate revenue, create savings, and improve electricity resiliency. The operation of the ESaaS system is a unique combination of an advanced battery storage system, an energy management system, and a service contract which can deliver value to a business by providing reliable power more economically.
This report aims to provide a comprehensive presentation of the global market for Energy Storage as a Service (ESaaS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Energy Storage as a Service (ESaaS). This report contains market size and forecasts of Energy Storage as a Service (ESaaS) in global, including the following market information:
Global Energy Storage as a Service (ESaaS) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Energy Storage as a Service (ESaaS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Energy Storage as a Service (ESaaS) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Energy Storage as a Service (ESaaS) Market Segment Percentages, by Type, 2022 (%)
Bulk Energy Services
Ancillary Services
Transmission Infrastructure Services
Distribution Infrastructure Services
Customer Energy Management Services
Others
Global Energy Storage as a Service (ESaaS) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Energy Storage as a Service (ESaaS) Market Segment Percentages, by Application, 2022 (%)
Utility
Industrial
Residential & Commercial
Global Energy Storage as a Service (ESaaS) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Energy Storage as a Service (ESaaS) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Energy Storage as a Service (ESaaS) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Energy Storage as a Service (ESaaS) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Customized Energy Solutions Ltd.
ENGIE Storage Services NA LLC
Honeywell International Inc.
Hydrostor Inc.
NRStor Inc.
Siemens Energy
Suntuity
Veolia
YSG Solar
Outline of Major Chapters:
Chapter 1: Introduces the definition of Energy Storage as a Service (ESaaS), market overview.
Chapter 2: Global Energy Storage as a Service (ESaaS) market size in revenue.
Chapter 3: Detailed analysis of Energy Storage as a Service (ESaaS) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Energy Storage as a Service (ESaaS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Energy Storage as a Service (ESaaS) Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Energy Storage as a Service (ESaaS) Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Energy Storage as a Service (ESaaS) Overall Market Size
2.1 Global Energy Storage as a Service (ESaaS) Market Size: 2022 VS 2029
2.2 Global Energy Storage as a Service (ESaaS) Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Energy Storage as a Service (ESaaS) Players in Global Market
3.2 Top Global Energy Storage as a Service (ESaaS) Companies Ranked by Revenue
3.3 Global Energy Storage as a Service (ESaaS) Revenue by Companies
3.4 Top 3 and Top 5 Energy Storage as a Service (ESaaS) Companies in Global Market, by Revenue in 2022
3.5 Global Companies Energy Storage as a Service (ESaaS) Product Type
3.6 Tier 1, Tier 2 and Tier 3 Energy Storage as a Service (ESaaS) Players in Global Market
3.6.1 List of Global Tier 1 Energy Storage as a Service (ESaaS) Companies
3.6.2 List of Global Tier 2 and Tier 3 Energy Storage as a Service (ESaaS) Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Energy Storage as a Service (ESaaS) Market Size Markets, 2022 & 2029
4.1.2 Bulk Energy Services
4.1.3 Ancillary Services
4.1.4 Transmission Infrastructure Services
4.1.5 Distribution Infrastructure Services
4.1.6 Customer Energy Management Services
4.1.7 Others
4.2 By Type - Global Energy Storage as a Service (ESaaS) Revenue & Forecasts
4.2.1 By Type - Global Energy Storage as a Service (ESaaS) Revenue, 2018-2023
4.2.2 By Type - Global Energy Storage as a Service (ESaaS) Revenue, 2024-2029
4.2.3 By Type - Global Energy Storage as a Service (ESaaS) Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Energy Storage as a Service (ESaaS) Market Size, 2022 & 2029
5.1.2 Utility
5.1.3 Industrial
5.1.4 Residential & Commercial
5.2 By Application - Global Energy Storage as a Service (ESaaS) Revenue & Forecasts
5.2.1 By Application - Global Energy Storage as a Service (ESaaS) Revenue, 2018-2023
5.2.2 By Application - Global Energy Storage as a Service (ESaaS) Revenue, 2024-2029
5.2.3 By Application - Global Energy Storage as a Service (ESaaS) Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Energy Storage as a Service (ESaaS) Market Size, 2022 & 2029
6.2 By Region - Global Energy Storage as a Service (ESaaS) Revenue & Forecasts
6.2.1 By Region - Global Energy Storage as a Service (ESaaS) Revenue, 2018-2023
6.2.2 By Region - Global Energy Storage as a Service (ESaaS) Revenue, 2024-2029
6.2.3 By Region - Global Energy Storage as a Service (ESaaS) Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Energy Storage as a Service (ESaaS) Revenue, 2018-2029
6.3.2 US Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.3.3 Canada Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.3.4 Mexico Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Energy Storage as a Service (ESaaS) Revenue, 2018-2029
6.4.2 Germany Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.4.3 France Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.4.4 U.K. Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.4.5 Italy Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.4.6 Russia Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.4.7 Nordic Countries Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.4.8 Benelux Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Energy Storage as a Service (ESaaS) Revenue, 2018-2029
6.5.2 China Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.5.3 Japan Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.5.4 South Korea Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.5.5 Southeast Asia Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.5.6 India Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Energy Storage as a Service (ESaaS) Revenue, 2018-2029
6.6.2 Brazil Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.6.3 Argentina Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Energy Storage as a Service (ESaaS) Revenue, 2018-2029
6.7.2 Turkey Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.7.3 Israel Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.7.4 Saudi Arabia Energy Storage as a Service (ESaaS) Market Size, 2018-2029
6.7.5 UAE Energy Storage as a Service (ESaaS) Market Size, 2018-2029
7 Energy Storage as a Service (ESaaS) Companies Profiles
7.1 Customized Energy Solutions Ltd.
7.1.1 Customized Energy Solutions Ltd. Company Summary
7.1.2 Customized Energy Solutions Ltd. Business Overview
7.1.3 Customized Energy Solutions Ltd. Energy Storage as a Service (ESaaS) Major Product Offerings
7.1.4 Customized Energy Solutions Ltd. Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.1.5 Customized Energy Solutions Ltd. Key News & Latest Developments
7.2 ENGIE Storage Services NA LLC
7.2.1 ENGIE Storage Services NA LLC Company Summary
7.2.2 ENGIE Storage Services NA LLC Business Overview
7.2.3 ENGIE Storage Services NA LLC Energy Storage as a Service (ESaaS) Major Product Offerings
7.2.4 ENGIE Storage Services NA LLC Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.2.5 ENGIE Storage Services NA LLC Key News & Latest Developments
7.3 Honeywell International Inc.
7.3.1 Honeywell International Inc. Company Summary
7.3.2 Honeywell International Inc. Business Overview
7.3.3 Honeywell International Inc. Energy Storage as a Service (ESaaS) Major Product Offerings
7.3.4 Honeywell International Inc. Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.3.5 Honeywell International Inc. Key News & Latest Developments
7.4 Hydrostor Inc.
7.4.1 Hydrostor Inc. Company Summary
7.4.2 Hydrostor Inc. Business Overview
7.4.3 Hydrostor Inc. Energy Storage as a Service (ESaaS) Major Product Offerings
7.4.4 Hydrostor Inc. Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.4.5 Hydrostor Inc. Key News & Latest Developments
7.5 NRStor Inc.
7.5.1 NRStor Inc. Company Summary
7.5.2 NRStor Inc. Business Overview
7.5.3 NRStor Inc. Energy Storage as a Service (ESaaS) Major Product Offerings
7.5.4 NRStor Inc. Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.5.5 NRStor Inc. Key News & Latest Developments
7.6 Siemens Energy
7.6.1 Siemens Energy Company Summary
7.6.2 Siemens Energy Business Overview
7.6.3 Siemens Energy Energy Storage as a Service (ESaaS) Major Product Offerings
7.6.4 Siemens Energy Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.6.5 Siemens Energy Key News & Latest Developments
7.7 Suntuity
7.7.1 Suntuity Company Summary
7.7.2 Suntuity Business Overview
7.7.3 Suntuity Energy Storage as a Service (ESaaS) Major Product Offerings
7.7.4 Suntuity Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.7.5 Suntuity Key News & Latest Developments
7.8 Veolia
7.8.1 Veolia Company Summary
7.8.2 Veolia Business Overview
7.8.3 Veolia Energy Storage as a Service (ESaaS) Major Product Offerings
7.8.4 Veolia Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.8.5 Veolia Key News & Latest Developments
7.9 YSG Solar
7.9.1 YSG Solar Company Summary
7.9.2 YSG Solar Business Overview
7.9.3 YSG Solar Energy Storage as a Service (ESaaS) Major Product Offerings
7.9.4 YSG Solar Energy Storage as a Service (ESaaS) Revenue in Global Market (2018-2023)
7.9.5 YSG Solar Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

 
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