Press release
Market Insight : Energy Storage Market Globally Grow at a CAGR of 5.04% by Revenue During the Forecast Period 2017-2021
About Energy Storage Market for Satellites
Energy storage is crucial to proper functioning of satellites and a major requirement in the global satellite industry. In a satellite, energy storage equipment is incorporated with solar PV panels to store energy harnessed by solar panels directly. However, harnessing and storing solar energy is applicable only when batteries are used. Fuel cells and other energy storage technologies are based on chemical reactions; therefore, they do not require solar panels for recharging.
Technavios analysts forecast the global energy storage market for satellites to grow at a CAGR of 5.04% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global energy storage market for satellites for 2017-2021. To calculate the market size, the report considers the revenue generated from the energy storage market for satellites.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Energy Storage Market for Satellites 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
EaglePicher Technologies
EnerSys
GS Yuasa Lithium Power
Mitsubishi Electric
Saft
View Complete TOC with tables & Figures @ https://www.researchmoz.us/global-energy-storage-market-for-satellites-2017-2021-report.html/toc
Other prominent vendors
FastCap Systems
Market driver
Declining Li-ion battery prices
For a full, detailed list, view our report
Market challenge
Widening supply-demand gap for lithium
For a full, detailed list, view our report
Market trend
Development of microsatellites and next-generation batteries
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/global-energy-storage-market-for-satellites-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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