Substation Batteries Market Research Report - Global Forecast to 2027

Substation Batteries Market Research Report: Information by Type (Lead Acid Batteries (Sealed Batteries & Vented Batteries) and Nickel Cadmium Batteries), and Region (APAC, Europe, North America, South America, and Middle East & Africa) – Forecast till 2027

ID: MRFR/E&P/0428-HCR | February 2021 | Region: Global | 111 pages

Impact of COVID-19 on the Global Substation Batteries Market
Substation Batteries Market


Source: Primary Experts, Secondary Sources, and MRFR Analysis


The outbreak of the pandemic, COVID-19, has impacted the global economy and disrupted the operations of various industries across the globe, including the power industry. According to Independent Commodity Intelligence Services, nuclear power availability in the EU is expected to remain consistent as several countries, including the UK and Germany, have put in place safety measures to guarantee the continuation of operations. This would be helpful for the induction motors in the EU to generate power and distribute in the facilities such as isolated houses, farmyards, or pumping stations. However, the lockdown orders announced by regional governments have impacted the financial health of power distribution companies. India's daily power demand has reduced by 25 to 28% since the beginning of the nationwide lockdown, driven primarily by the closures of factories and offices in the commercial and industrial sectors. Distribution companies would have to incur higher aggregate technical & commercial (AT&C) losses than the levels specified by the regulators, as the T&D losses incurred are higher than what was earlier predicted.


FIGURE: US ELECTRICITY GENERATION, 20152019 (TWh)
US ELECTRICITY GENERATION


Sources: Secondary Sources


As per the US Energy Storage Association, globally, approximately 40% of the market players manufacturing batteries are expected to reduce their workforce due to the impact of the pandemic, while almost 50% are anticipating reduced revenues. In the US, the power industry is likely to suffer from this reducing workforce as the delays in the energy storage projects will lead to disruptions in the grid reliability and resiliency efforts. However, utilities are trying to incorporate the energy storage systems as power backup to prevent power cuts for healthcare facilities and other critical sectors. The energy storage projects are likely to move forward in the country, but project leaders are expected to suffer shipping delays and supply line disruptions. All these factors are likely to affect the battery energy storage market in the next few months as the production of batteries has been heavily affected by the outbreak. This will eventually boost the market for substation batteries, which are an integral part of energy storage systems within the power distribution network.

Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market size Estimation

3.4 Forecast Model

3.5 List of Assumptions

4 Market Landscape

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Porter’s Five Forces Analysis

5.5.1 Threat of New Entrants

5.5.2 Bargaining Power of Buyers

5.5.3 Bargaining Power of Suppliers

5.5.4 Threat of Substitutes

5.5.5 Intensity of Rivalry

5.6 Value Chain/Supply Chain Analysis

6 Global Substation Batteries Market, By Type

6.1 Introduction

6.2 Lead Acid Batteries

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, By Region, 2020-2027

6.2.3 Sealed Batteries

6.2.3.1 Market Estimates & Forecast, By Region, 2020-2027

6.2.3.2 Market Estimates & Forecast, By Region, 2020-2027

6.2.4 Vented Batteries

6.2.4.1 Market Estimates & Forecast, By Region, 2020-2027

6.2.4.2 Market Estimates & Forecast, By Region, 2020-2027

6.3 Nickel Cadmium Batteries

6.3.1 Market Estimates & Forecast, By Region, 2020-2027

6.3.2 Market Estimates & Forecast, By Region, 2020-2027

7 Global Substation Batteries Market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, By Type, 2020-2027

7.2.2 Market Estimates & Forecast, By Country, 2020-2027

7.2.3 US

7.2.3.1 Market Estimates & Forecast, By Type, 2020-2027

7.2.4 Canada

7.2.4.1 Market Estimates & Forecast, By Type, 2020-2027

7.2.5 Mexico

7.2.5.1 Market Estimates & Forecast, By Type, 2020-2027

7.3 Europe

7.3.1 Market Estimates & Forecast, By Type, 2020-2027

7.3.2 Market Estimates & Forecast, By Country, 2020-2027

7.3.3 Germany

7.3.3.1 Market Estimates & Forecast, By Type, 2020-2027

7.3.4 France

7.3.4.1 Market Estimates & Forecast, By Type, 2020-2027

7.3.5 UK

7.3.5.1 Market Estimates & Forecast, By Type, 2020-2027

7.3.6 Italy

7.3.6.1 Market Estimates & Forecast, By Type, 2020-2027

7.3.7 Rest of Europe

7.3.7.1 Market Estimates & Forecast, By Type, 2020-2027

7.4 Asia-Pacific

7.4.1 Market Estimates & Forecast, By Type, 2020-2027

7.4.2 Market Estimates & Forecast, By Country, 2020-2027

7.4.3 China

7.4.3.1 Market Estimates & Forecast, By Type, 2020-2027

7.4.4 India

7.4.4.1 Market Estimates & Forecast, By Type, 2020-2027

7.4.5 Japan

7.4.5.1 Market Estimates & Forecast, By Type, 2020-2027

7.4.6 Australia

7.4.6.1 Market Estimates & Forecast, By Type, 2020-2027

7.4.7 Malaysia

7.4.7.1 Market Estimates & Forecast, By Type, 2020-2027

7.4.8 Rest of Asia-Pacific

7.4.8.1 Market Estimates & Forecast, By Type, 2020-2027

7.5 The Middle East

7.5.1 Market Estimates & Forecast, By Type, 2020-2027

7.5.2 Market Estimates & Forecast, By Country, 2020-2027

7.5.3 Middle East

7.5.3.1 Market Estimates & Forecast, By Type, 2020-2027

7.5.4 Africa

7.5.4.1 Market Estimates & Forecast, By Type, 2020-2027

7.6 South America

7.6.1 Market Estimates & Forecast, By Type, 2020-2027

7.6.2 Market Estimates & Forecast, By Country, 2020-2027

7.6.3 Brazil

7.6.3.1 Market Estimates & Forecast, By Type, 2020-2027

7.6.4 Argentina

7.6.4.1 Market Estimates & Forecast, By Type, 2020-2027

7.6.5 Rest of South America

7.6.5.1 Market Estimates & Forecast, By Type, 2020-2027

8 Competitive Landscape

8.1 Competitive Benchmarking of the Global Substation Batteries Market

8.2 Market Share Analysis: Global Substation Batteries Market

8.3 New Product Development in Substation Batteries Market

8.4 Mergers & Acquisitions in Substation Batteries Market

8.5 Partnership/Collaboration/Joint Ventures in Substation Batteries Market

8.6 Contracts & Agreements in Substation Batteries Market

8.7 Expansions & Investments in Substation Batteries Market

9 Company Profile

9.1 Johnson Controls Inc.

9.1.1 Company Overview

9.1.2 Product/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Strategy

9.1.6 SWOT Analysis

9.2 Exide Technologies

9.2.1 Company Overview

9.2.2 Product /Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 GS Yuasa

9.3.1 Company Overview

9.3.2 Product /Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 Robert Bosch GmbH

9.4.1 Company Overview

9.4.2 Product /Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 Saft Groupe S.A.

9.5.1 Company Overview

9.5.2 Product /Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 Storage Battery Systems, LLC

9.6.1 Company Overview

9.6.2 Product /Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 Tesla

9.7.1 Company Overview

9.7.2 Product /Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis

9.8 HBL Power Systems Ltd.

9.8.1 Company Overview

9.8.2 Product /Services Offering

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis


List of Tables


Table 1 Global Substation Batteries Market, By Region, 2020-2027 (USD Million)

Table 2 North America Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 3 Europe Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 4 Asia-Pacific Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 5 The Middle East & Africa Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 6 South America Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 7 Global Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 8 North America Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 9 Europe Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 10 Asia-Pacific Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 11 The Middle East & Africa Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 12 South America Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 13 Global Substation Batteries Market: By Region, 2020-2027 (USD Million)

Table 14 North America Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 15 North America Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 16 US Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 17 Canada Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 18 Mexico Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 19 Europe Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 20 Europe Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 21 UK Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 22 France Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 23 Italy Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 24 Rest of Europe Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 25 Asia-Pacific Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 26 Asia-Pacific Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 27 China Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 28 India Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 29 Japan Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 30 Australia Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 31 Malaysia Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 32 Rest of Asia-Pacific Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 33 The Middle East & Africa Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 34 The Middle East & Africa Substation Batteries Market, By Region, 2020-2027 (USD Million)

Table 35 Middle East Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 36 Africa Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 37 South America Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 38 South America Substation Batteries Market, By Country, 2020-2027 (USD Million)

Table 39 Brazil Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 40 Argentina Substation Batteries Market, By Type, 2020-2027 (USD Million)

Table 41 Rest of South America Substation Batteries Market, By Type, 2020-2027 (USD Million)


List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top Down & Bottom Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Substation Batteries Market Share, By Type, 2020 (%)

Figure 9 Global Substation Batteries Market, By Type, 2020-2027 (USD Million)

Figure 14 Global Substation Batteries Market Share (%), By Region, 2020

Figure 13 Global Substation Batteries Market, By Region, 2020-2027 (USD Million)

Figure 14 North America Substation Batteries Market Share (%), 2020

Figure 15 North America Substation Batteries Market, By Country, 2020-2027 (USD Million)

Figure 16 Europe Substation Batteries Market Share (%), 2020

Figure 17 Europe Substation Batteries Market, By Country, 2020-2027 (USD Million)

Figure 18 Asia Pacific Substation Batteries Market Share (%), 2020

Figure 19 Asia Pacific Substation Batteries Market, By Country, 2020-2027 (USD Million)

Figure 20 Middle East & Africa Substation Batteries Market Share (%), 2020

Figure 21 Middle East & Africa Substation Batteries Market, By Region, 2020-2027 (USD Million)

Figure 20 South America Substation Batteries Market Share (%), 2020

Figure 21 South America Substation Batteries Market, By Region, 2020-2027 (USD Million)