Press release
Battery Energy Storage System Market Comprehensive Study 2018: Ionotec Ltd, Scheider Electric, SMA Solar Technology AG, Exide Industries Limited, SK holdings C&C, Autobat, Enerbrax - Acumuladores, Eguana Technologies, Imergy Power Systems, Tata Power
global battery energy storage system market
Global Battery Energy Storage System Market is expected to reach USD 111.34 million by 2025 from USD 92.47 million in 2017 and is projected to grow at a CAGR of 47.6% in the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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In 2016, the government of China released a 15-year energy technology innovation action plan for further research in advanced energy storage.
In 2014, the U.S. government invested USD 34 Billion in solar power plants, wind farms, and other renewable energy projects.
In January 2013, Boeing 787 Dreamliner commercial jets suffered safety issues, due to electric issues caused by lithium-ion batteries.
Key Players: Global Battery Energy Storage System Market
• LG Chem,
• ABB,
• AES Energy Storage,
• Beacon Power Services,
• BYD,
• Convergent Energy + Power,
• Greensmith Energy,
• a Wärtsilä company,
• Eos Energy Storage,
• Seeo, Inc.,
• S&C Electric Company,
• Scheider Electric,
• SMA Solar Technology AG,
• Exide Industries Limited,
• SK holdings C&C,
• Autobat,
• Enerbrax - Acumuladores,
• Eguana Technologies,
• Imergy Power Systems,
• Ionotec Ltd,
• Tata Power
• And Others
Competitive Analysis: Global Battery Energy Storage System Market
The global battery energy storage system market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of battery energy storage system market for global, Europe, North America, Asia Pacific and South America.
In July 2017, Xcel Energy and Panasonic announced collaboration with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), Denver International Airport (DEN), and LC Fulenwider, Inc. in order to study the possible implementation of a carbon-neutral energy district master plan for Pena Station NEXT in Denver, Colorado. The partnership has commissioned 1-MW/2-MWh lithium-ion battery energy storage systems.
In February 2015, Hitachi America, Ltd., and Demansys Energy, Inc. constructed and commissioned a 1-MW lithium-ion energy storage facility by utilizing Hitachi’s CrystEna*1, a compact, container-type energy storage system.
Table of Contents:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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Drivers and Restraints:
• Increasing demand for grid-connected solutions.
• High demand for the lithium-ion technology in the renewable energy industry.
• Declining prices of lithium-ion batteries.
• Lack of the availability of vendors and project financing
• High capital investment required for the deployment.
Key Highlights of Report
• Overview of key Battery Energy Storage System market forces propelling and restraining market growth
• Offers a clear understanding of the competitive landscape and key product segments
• An analysis of strategies of major competitors
• Detailed analyses of industry trends
• A well-defined technological growth map with an impact-analysis
• Provides profiles of major competitors of the market.
• Details of their operations, product and services.
• Recent developments and key financial metrics in Battery Energy Storage System Industry.
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Segmentation: Global Battery Energy Storage System Market
The market is segmented based on
• element,
• battery type,
• connection type,
• ownership,
• application
• geographical segments.
Based on element, the market is segmented into
• battery
• hardware.
Based on battery type, the market is segmented into
• lithium-ion,
• advanced lead acid,
• flow batteries
• sodium sulfur.
Based on connection type, the market is segmented into
• on-grid
• off-grid.
Based on ownership, the market is segmented into
• customer owned,
• third-party owned,
• utility owned.
Based on Application, the market is segmented into
• residential,
• non-residential,
• utilities and
• other.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Europe,
• Asia-Pacific
• Middle East & Africa.
Customization Options
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Note: If You Have Any Special Requirements, Please Let Us Know And We Will Offer You The Report As You Want.
Customization With Discount Available On This Report at https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-battery-energy-storage-system-market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavorsto provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
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