How big is the "storage battery market" using lithium ion batteries?

As the price of lithium-ion battery declined by 70% from 2012, it used a battery such as lithium-ion batteryEnergy storageThe market continues to grow remarkably. Furthermore, analysts anticipate that the size of the global energy storage market in the future is expected to reach 52 gigawatts from about 4 gigawatts in 2017 to 2025.

Global Battery Energy Storage Pipeline Reaches 3.4 GW in Q1 2017 - IHS Technology
https://technology.ihs.com/590967/global-battery-energy-storage-pipeline-reaches-34-gw-in-q1-2017


Global Energy Storage Market Poised For Strong Growth - Solar Industry
http://solarindustrymag.com/global-energy-storage-market-poised-strong-growth

Falling lithium-ion battery prices to drive rapid storage uptake - pv magazine USA
https://pv-magazine-usa.com/2017/08/03/falling-lithium-ion-battery-prices-to-drive-rapid-storage-uptake/

According to a report on global energy storage released by IHS Markit, prices of lithium ion batteries used for various devices such as smartphones are continuing to decline, and by 2019 it will be 200 dollars per kWh (about 22,000 yen) It is expected to be less than. At the present stage, such as co-installation of solar power generation batteries, it is said that they are contributing to the growth of 'not economical means'.

If the price of lithium-ion batteries continues to decline in the future, energy storage at grid scale, storage battery for residential use,Micro gridIt seems that lithium ion batteries will be easier to select in all energy storage markets, including worldwide growth.


In this field, it is known that in 2017 Tesla built the world's largest lithium-ion battery-based battery storage facility in Australia. In addition to solving the whole island with solar power generation and batteries in 2016 "Ta'u MicrogridWe have completed the battery for large household "Tesla developed"Power Wall"And so on are used.

Tesla Announces Household Battery "Power Wall 2" and Integrated Solar Panel "Solar Roof" Roof Tile - GIGAZINE


The total amount of battery storage installed around the world as of 2017 is estimated to be about 4 GW, but IHS Markit expects it will reach 52 GW in 2025. Also, looking at grid-connected battery storage alone, the total amount in 2017 is 1.3 gigawatts, but it will reach 4.7 gigawatts in 2020 and will reach 8.8 gigawatts by 2025. Although the growth rate is the highest in the American battery storage market, Australia, Japan, Germany, Britain, Korea are considered to be strong as the next largest market.