Off-grid Energy Storage Systems Market, Global Outlook and Forecast 2023-2029

This report studies the Off-grid Energy Storage Systems market. Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is sometimes called an accumulator or battery.
This report aims to provide a comprehensive presentation of the global market for Off-grid Energy Storage Systems, 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 Off-grid Energy Storage Systems. This report contains market size and forecasts of Off-grid Energy Storage Systems in global, including the following market information:
Global Off-grid Energy Storage Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Off-grid Energy Storage Systems Market Sales, 2018-2023, 2024-2029, (MW)
Global top five Off-grid Energy Storage Systems companies in 2022 (%)
The global Off-grid Energy Storage Systems market was valued at US$ 540.8 million in 2022 and is projected to reach US$ 1096.4 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For the major players of Off-grid Energy Storage Systems, EnerSys maintained its first place, followed by Samsung SDI, LG, Sonnen and Fronius. Top 5 players accounted for 47% of the Global Off-grid Energy Storage Systems revenue market share. 
In this study, the sales market for Off-grid Energy Storage Systems was divided into five geographic regions. Asia-Pacific occupied the largest sales market share with 42%. It is followed by Europe and North America, while other regions have smaller market.
On the basis of product type, Lithium-ion Battery segment is projected to account for the largest sales volume market share during the forecast period; this segment was estimated to account for 87% share in terms of volume. 
In the applications, Family Backup Power segment was estimated to account for the highest market share of 37% in terms of volume.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Off-grid Energy Storage Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Off-grid Energy Storage Systems Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Off-grid Energy Storage Systems Market Segment Percentages, by Type, 2022 (%)
    Lithium-ion Battery
    Lead-acid Battery
    Others
Global Off-grid Energy Storage Systems Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Off-grid Energy Storage Systems Market Segment Percentages, by Application, 2022 (%)
    Family Backup Power
    Industrial UPS
    Unattended Equipment
    Others
Global Off-grid Energy Storage Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MW)
Global Off-grid Energy Storage Systems 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 Off-grid Energy Storage Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Off-grid Energy Storage Systems revenues share in global market, 2022 (%)
Key companies Off-grid Energy Storage Systems sales in global market, 2018-2023 (Estimated), (MW)
Key companies Off-grid Energy Storage Systems sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    EnerSys
    Samsung SDI
    LG
    Sonnen
    Fronius
    Toshiba
    Mitsubishi Heavy Industries
    Sumitomo Electric Industries
    Enphase
    SAFT
    NEC Energy Solutions
    BYD
    Tianneng Battery
    CALB
Outline of Major Chapters:
Chapter 1: Introduces the definition of Off-grid Energy Storage Systems, market overview.
Chapter 2: Global Off-grid Energy Storage Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Off-grid Energy Storage Systems manufacturers competitive landscape, price, sales and revenue 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 Off-grid Energy Storage Systems 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: Global Off-grid Energy Storage Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.