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Australia Energy Storage Systems Market Size, Share, Trends: By Technology: Pumped-storage Hydroelectricity, Electrochemical Storage, Electromechanical Storage, Thermal Storage; By Application: Transportation, Grid Storage; By End Use: Residential, Commercial and Industrial; Market Dynamics; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Energy Storage Systems Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Energy Storage Systems Historical Market (2018-2023)
8.3 Asia Pacific Energy Storage Systems Market Forecast (2024-2032)
8.4 Asia Pacific Energy Storage Systems Market Breakup by Country
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 ASEAN
8.4.5 Australia
8.4.6 Others
9 Australia Energy Storage Systems Market Overview
9.1 Key Industry Highlights
9.2 Australia Energy Storage Systems Historical Market (2018-2023)
9.3 Australia Energy Storage Systems Market Forecast (2024-2032)
10 Australia Energy Storage Systems Market by Technology
10.1 Pumped-storage Hydroelectricity
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Electrochemical Storage
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Electromechanical Storage
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Thermal Storage
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
11 Australia Energy Storage Systems Market by Application
11.1 Transportation
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Grid Storage
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Energy Storage Systems Market by End Use
12.1 Residential
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Commercial and Industrial
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Enel S.p.A.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 LG Corp. (LG Energy Solution Ltd.)
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Tesla Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Huawei Technologies Co., Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Pacific Green Technologies Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Enphase Energy Inc.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 EVO Power Pty Ltd.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Century Yuasa Batteries Pty Ltd. (GS Yuasa Corp.)
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 PowerPlus Energy Pty Ltd.
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Battery Energy Power Solutions Pty Ltd.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Energy Storage Systems Market: Key Industry Highlights, 2018 and 2032
2. Australia Energy Storage Systems Market: Key Industry Highlights, 2018 and 2032
3. Australia Energy Storage Systems Historical Market: Breakup by Technology (USD Million), 2018-2023
4. Australia Energy Storage Systems Market Forecast: Breakup by Technology (USD Million), 2024-2032
5. Australia Energy Storage Systems Historical Market: Breakup by Application (USD Million), 2018-2023
6. Australia Energy Storage Systems Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Australia Energy Storage Systems Historical Market: Breakup by End Use (USD Million), 2018-2023
8. Australia Energy Storage Systems Market Forecast: Breakup by End Use (USD Million), 2024-2032
9. Australia Energy Storage Systems Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 9.2% between 2024 and 2032.
The market is driven by rapid adoption of renewable energy sources in thr country and the development of advanced energy storage technologies.
The rapidly expanding electric vehicles market, favourable government initiatives, and cost-reduction in energy storage technologies are expected to aid the growth of the market.
The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different end uses of energy storage systems are residential, and commercial and industrial.
The different types of technologies are pumped-storage hydroelectricity, electrochemical storage, electromechanical storage, and thermal storage.
Energy storage systems are fundamental components within intelligent grids as they aid in meeting evolving energy requirements. They are crucial for grid resilience, seamlessly adapting to fluctuating energy needs and enabling enhanced accessibility in previously underserved areas.
The key players in the market include Enel S.p.A., LG Corp. (LG Energy Solution Ltd.), Tesla Inc., Huawei Technologies Co., Ltd., Pacific Green Technologies Inc., Enphase Energy Inc., EVO Power Pty Ltd., Century Yuasa Batteries Pty Ltd. (GS Yuasa Corp.), PowerPlus Energy Pty Ltd., and Battery Energy Power Solutions Pty Ltd., among others.
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