Stationary Battery Storage Market 2018 to 2030: Industry Analysis Focusing on Top Key Players – Panasonic, Roofer Technology, Toshiba, Exide Technologies, Durapower, Tesla, Hitachi Maxell, Hitachi Chemical, GS Yuasa Duracell, Hitachi Chemical, Uniper

Owing to the rapid upgradation of conventional energy storage systems and refurbishment of electric grid networks, the stationary battery storage market has emerged as one of the most instrumental verticals to have transformed the growth trends of the overall sustainable and smart industry. The conventional energy storage systems of major power utilities around the globe are currently facing numerous challenges such as frequent grid failures due to an unprecedented increase in the electricity requirement. Moreover, various initiatives being rolled out to lower greenhouse gas emissions have necessitated the power utilities to deploy renewable energy sources which has consequentially boosted the commercialization scale of stationary battery storage industry in the recent times. Stationary Battery Storage Market is predicted to surpass USD 35 billion by 2030.

Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/496341/

Advancement in the designing of wireless technologies along with development of communication network will expand the stationary battery storage Market. Unavailability of effective monitoring units across the emerging economies coupled with recurrent power failures & outages will augment the business growth. Moreover, rapid technological enhancements for the advancement of distributed generation technology will stimulate the adoption of product.

U.S. stationary battery storage market will expand owing to the increasing investments toward the restoration of existing electrical infrastructure along with growing deployment of advance support systems. Increasing power consumption coupled with growing need for reliable and continuous supply of electricity will further enhance the business growth. For instance, China announced investment of USD 800 billion in the U.S. energy infrastructure industry in 2017.

Request a discount on standard prices of this premium report at https://www.marketstudyreport.com/check-for-discount/496341/

High voltage capacity along with high gravimetric and volumetric densities are some of the key parameters which will propel the stationary battery storage Market. The Multidisciplinary Digital Publishing Institute (MDPI) in 2017, stated the energy density of lithium-ion battery varying from 110 - 160 Wh/Kg as compared to the lead acid, NiCd and NiMH, batteries. Furthermore, the reduction in the battery cost owing to economy of scale and efficient manufacturing coupled with availability of low cost raw material will complement the industry outlook.

Eminent leaders in the stationary battery storage market include ACDelco, Exide Technologies, Durapower, Tesla, Hitachi Maxell, LG Chem Johnson Controls, A123 systems, Hitachi Chemical, GS Yuasa Duracell, BYD co, Hitachi Chemical, Uniper, Panasonic, Roofer Technology, Toshiba, Valence Technology and Samsung SDI.

Table of Contents

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Stationary Battery Storage Industry Insights

Chapter 4 Stationary Battery Storage Market, By Battery

Chapter 5 Stationary Battery Storage Market, By Application

Chapter 6 Stationary Battery Storage Market, By Region

Chapter 7 Company Profiles

Outside of scope of this report Concurrently, the continued research in battery technology has been helpful to improve reliability of these systems, prevent frequent blackouts, and have been a major factor in controlling the electricity price spikes across various geographies. Especially, the research being conducted to enhance the lithium ion batteries has been pivotal to have impelled the growth prospects of stationary battery storage market over the past few years. In this regard, numerous energy storage companies have been in the process to build huge lithium ion battery systems and manufacturing units to meet the growing demand for battery storage systems. Tesla for instance, has recently built the world’s largest lithium ion battery in South Australia to enhance the security of electricity supplies across the nation. The firm claims that the battery would aid in reducing electricity prices for the customers.

For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/stationary-battery-storage-market/?utm_source=OPR-SP

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/

This release was published on openPR.