Battery Energy Storage Systems for Grid Applications in Asia-Pacific, Forecast to 2021

East Asian Utilities Lead the BESS Market with New Business Models and an Integrated Value Chain

The key objective of this research study is to understand the dynamics of the utility-scale, grid-connected battery-based energy storage systems (BESS) market for utility applications. The geographic scope of the study includes South Asia (India and China), Southeast Asia (Vietnam, Indonesia, Thailand, Malaysia, Philippines, Singapore, and Myanmar), East Asia (Japan, Taiwan, and South Korea), and ANZ (Australia and New Zealand).

This study focuses on the following important elements under the five broad battery chemistries that are used in the application of large-scale grid-connected energy storage systems:
- Lithium-ion
- Sodium-based
- Nickel-based
- Lead-acid
- Flow battery
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