Off-grid power generation systems are generally used when there are capital limitations or the physical landscape makes it tough to have a grid connection. Off-grid energy storage systems are used in localities that are far away from populated areas or cities and not connected to any electricity grid. In these regions, despite the presence of independent power supply providers, electricity is not available 24/7 to consumers. This creates a demand for energy storage systems that aid in storing electricity for future use during power outages.

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast by revenue

Five forces analysis

PART 06: Market segmentation by battery technology

Global off-grid energy storage system market by battery

technology

Li-ion battery technology

LAB technology

Sodium-based battery technology

PART 07: Market segmentation by geography

Global off-grid energy storage system market by

geography

Off-grid energy storage system market in Americas

Off-grid energy storage system market in EMEA

Off-grid energy storage system market in APAC

PART 08: Market drivers

Need for rural electrification

Rise in power consumption

Demand for energy storage as distributed generation

Hike in renewable energy investments

Growth in demand from telecom sector

PART 09: Impact of drivers

PART 10: Market challenges

Reduction in subsidies

Decline in diesel prices

Technological challenges related to batteries

PART 11: Impact of drivers and challenges

PART 12: Market trends

Decline in cost of energy storage systems

Increase in energy storage investments

Emergence of new energy technologies

PART 13: Vendor landscape

Competitive landscape

Other prominent vendors

PART 14: Key vendor analysis

Aquion Energy

Green Charge

LG Chem

NEC Energy Solutions

NRG Energy

PART 15: Appendix

List of abbreviations

PART 16: Explore Technavio