Market Forecast By Storage (Battery Storage, Flywheel Energy Storage, Pumped Hydroelectric Power storage, Thermal Energy Storage, Compressed Air), By Applications(EV Charging, UPS, Renewable energy Integration, Micro grids & Other Applications), By Countries(UAE, Saudi Arabia, Turkey, Qatar, Oman, Bahrain, South Africa, Egypt, Nigeria, Kuwait & Rest of MEA region) and Competitive Landscape.
Product Code: ETC001182 | Publication Date: Oct 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Increasing adoption of renewable energy in the Middle East and Africa region would lead to a surge in demand for grid scale energy storage over the coming years. Also, the African Renewable Energy Initiative, led by the African Union and the UN Environment Program would positively influence the demand for grid scale energy storage market in the region.
According to 6Wresearch, Middle East And Africa (MEA) Grid Scale Energy Storage Market size is anticipated to register growth during 2019-25. Battery energy storage has acquired the majority of the market revenues in 2018 owing to the low acquisition cost of the technology. However, Flywheel storage technology is projected to witness substantial growth during the forecast period due to the growing adoption of electric vehicles.
UAE is the leading revenue generating country in the MEA grid-scale energy storage market owing to the growing government expenditure on renewable energy generation. By 2050, the United Arab Emirates government has targets to generate almost half of its electricity through renewable resources. UAE recently integrated NGK CISC 648MWh project in Abu Dhabi to provide up to 6 hours of energy and reduces strain on the grid. However, Saudi Arabia is expected to witness substantial market growth during the forecast period due to the installation of grid scale energy storage system in the smart city projects.
The Middle East and Africa grid scale energy storage market report thoroughly covers the market by storage technology, applications and countries including Turkey, Saudi Arabia, UAE, Qatar, Oman, Bahrain, Kuwait, Egypt, Nigeria and South Africa and rest of MEA region. The Middle East and Africa grid scale energy storage market outlook report provides an unbiased and detailed analysis of the on-going Middle East and Africa Grid Scale Energy Storage market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Middle East and Africa Grid Scale Energy Storage Market report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Middle East and Africa Grid Scale Energy Storage Market Overview |
3.1 Middle East and Africa Grid Scale Energy Storage Market Revenues, 2015-2025F |
3.2 Middle East and Africa Grid Scale Energy Storage Market Revenue Share, By Storage Technology, 2018 & 2025F |
3.3 Middle East and Africa Grid Scale Energy Storage Market Revenue Share, By Applications, 2018 & 2025F |
3.7 Middle East and Africa Grid Scale Energy Storage Market Revenue Share, By Regions, 2018 & 2025F |
3.8 Middle East and Africa Grid Scale Energy Storage Market Industry Life Cycle |
3.9 Middle East and Africa Grid Scale Energy Storage Market- Porter’s Five Forces, 2018 |
4 Middle East and Africa Grid Scale Energy Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East and Africa Grid Scale Energy Storage Market Trends |
6 Middle East and Africa Grid Scale Energy Storage Market Overview, By Storage Technology |
6.1 Middle East and Africa Grid Scale Energy Storage Market Revenues, By Battergy Storage, 2015-2025F |
6.2 Middle East and Africa Grid Scale Energy Storage Market Revenues, By Flywheel Energy Storage, 2015-2025F |
6.3 Middle East and Africa Grid Scale Energy Storage Market Revenues, By Pumped Hydroelectric Power Storage, 2015-2025F |
6.4 Middle East and Africa Grid Scale Energy Storage Market Revenues, By Thermal Energy Storage, 2015-2025F |
6.5 Middle East and Africa Grid Scale Energy Storage Market Revenues, By Compressed Air Storage, 2015-2025F |
7 Middle East and Africa Grid Scale Energy Storage Market Overview, By Applications |
7.1 Middle East and Africa Grid Scale Energy Storage Market Revenues, By EV Charging, 2015-2025F |
7.2 Middle East and Africa Grid Scale Energy Storage Market Revenues, By UPS, 2015-2025F |
7.3 Middle East and Africa Grid Scale Energy Storage Market Revenues, By Renewable Energy Integration, 2015-2025F |
7.4 Middle East and Africa Grid Scale Energy Storage Market Revenues, By Micro Grids 2015-2025F |
7.5 North America Grid Scale Energy Storage Market Revenues, By Others, 2015-2025F |
8 UAE Grid Scale Energy Storage Market Overview |
8.1 UAE Grid Scale Energy Storage Market Revenues, 2015-2025F |
8.2 UAE Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
8.3 UAE Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
9 Saudi Arabia Grid Scale Energy Storage Market Overview |
9.1 Saudi Arabia Grid Scale Energy Storage Market Revenues, 2015-2025F |
9.2 Saudi Arabia Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
9.3 Saudi Arabia Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
10 Turkey Grid Scale Energy Storage Market Overview |
10.1 Turkey Grid Scale Energy Storage Market Revenues, 2015-2025F |
10.2 Turkey Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
10.3 Turkey Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
11 Kuwait Grid Scale Energy Storage Market Overview |
11.1 Kuwait Grid Scale Energy Storage Market Revenues, 2015-2025F |
11.2 Kuwait Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
11.3 Kuwait Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
12 Qatar Grid Scale Energy Storage Market Overview |
12.1 Qatar Grid Scale Energy Storage Market Revenues, 2015-2025F |
12.2 Qatar Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
12.3 Qatar Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
13 Oman Grid Scale Energy Storage Market Overview |
13.1 Oman Grid Scale Energy Storage Market Revenues, 2015-2025F |
13.2 Oman Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
13.3 Oman Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
14 Bahrain Grid Scale Energy Storage Market Overview |
14.1 Bahrain Grid Scale Energy Storage Market Revenues, 2015-2025F |
14.2 Bahrain Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
14.3 Bahrain Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
15 South Africa Grid Scale Energy Storage Market Overview |
15.1 South Africa Grid Scale Energy Storage Market Revenues, 2015-2025F |
15.2 South Africa Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
15.3 South Africa Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
16 Egypt Grid Scale Energy Storage Market Overview |
16.1 Egypt Grid Scale Energy Storage Market Revenues, 2015-2025F |
16.2 Egypt Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
16.3 Egypt Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
17 Nigeria Grid Scale Energy Storage Market Overview |
17.1 Nigeria Grid Scale Energy Storage Market Revenues, 2015-2025F |
17.2 Nigeria Grid Scale Energy Storage Market Revenues, By Storage Technology, 2015-2025F |
17.3 Nigeria Grid Scale Energy Storage Market Revenues, By Applications, 2015-2025F |
18 Middle East and Africa Grid Scale Energy Storage Market Opportunity Assessment |
18.1 Middle East and Africa Grid Scale Energy Storage Market Opportunity Assessment, By Storage Technology, 2025F |
18.2 Middle East and Africa Grid Scale Energy Storage Market Opportunity Assessment, By Applications, 2025F |
19 Middle East and Africa Grid Scale Energy Storage Market Competitive Landscape |
19.1 Middle East and Africa Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.1 UAE Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.2 Saudi Arabia Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.3 Turkey Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.4 Kuwait Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.5 Qatar Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.6 Oman Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.7 Bahrain Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.8 South Africa Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.9 Egypt Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.1.10 Nigeria Grid Scale Energy Storage Market Revenue Share, By Companies, 2018 |
19.2 Middle East and Africa Grid Scale Energy Storage Market Competitive Benchmarking, By Operating Parameters |
20 Company Profiles |
21 Strategic Recommendations |
22 Disclaimer |