Press release
Global Off-grid Energy Storage Systems Market Size and Forecast to 2025 | EnerSys, SAFT, Sonnen, NEC Energy Solutions
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is sometimes called an accumulator or battery.
In the coming years there is an increasing demand for off-grid energy storage systems in the regions of developing regions that is expected to drive the market for more advanced off-grid energy storage systems. More-intense competition, launches in introducing new products, increasing of spending on renewable energy, retrofitting and renovation of old technology, increasing adoption of off-grid energy storage systems will drive growth in developing regions market.
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The Off-grid Energy Storage Systems market was valued at 380 Million US$ in 2017 and is projected to reach 630 Million US$ by 2025, at a CAGR of 6.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Off-grid Energy Storage Systems.
The following manufacturers are covered in this report:
- EnerSys
- SAFT
- Sonnen
- NEC Energy Solutions
- Sumitomo Electric Industries
- Fronius
- LG Chem
- Aquion Energy
- Toshiba
- Samsung SDI
- Mitsubishi Heavy Industries
- ZEN Energy
- Enphase
- CALB
- Tianneng Battery
Off-grid Energy Storage Systems Breakdown Data by Type
- Lithium-ion Battery
- Lead-acid Battery
- Others
Off-grid Energy Storage Systems Breakdown Data by Application
- Family Backup Power
- Industrial UPS
- Unattended Equipment
- Others
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-off-grid-energy-storage-systems-market-insights-forecast-to-2025-report.html/toc
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Off-grid Energy Storage Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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