Battery Energy Storage System Market Key Players Analysis 2018: 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, Ionotec
The report also contains the SWOT analysis for the Battery Energy Storage System market which tells what the market driver and restrains. It also contains the CAGR levels for the forecast years 2018 to 2025.
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.
• 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.
Key Players: Global Battery Energy Storage System Market
• LG Chem,
• AES Energy Storage,
• Beacon Power Services,
• 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,
• Enerbrax - Acumuladores,
• Eguana Technologies,
• Imergy Power Systems,
• Ionotec Ltd,
• Tata Power
• And Others
Table of Contents:
Chapter 1: Battery Energy Storage System market Overview
Chapter 2: Battery Energy Storage System market Economic Impact
Chapter 3: Competition by Manufacturer
Chapter 4: Production, Revenue (Value) by Region (2018-2025)
Chapter 5: Supply (Production), Consumption, Export, Import by Regions (2018-2025)
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: market Analysis by Application
Chapter 8: Battery Energy Storage System Market by Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Battery Energy Storage System Market Geographic Analyses
Get Detailed TOC Here @ https://databridgemarketresearch.com/toc/?dbmr=global-battery-energy-storage-system-market
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 questions answered in Battery Energy Storage System Report:
• What will the Battery Energy Storage System market size and the growth rate be in 2025?
• What are the latest market trends impacting the growth of the Battery Energy Storage System market?
• Who are the global topmost manufacturers of Battery Energy Storage System industry: Company Outline, Product Specification and Major Types Analysis, Market Performance, Sales Market, Contact Information?
• What are the types and applications of Battery Energy Storage System? What is the market share of each type and application?
• What are the upstream raw materials and manufacturing equipment of Battery Energy Storage System? Up Stream Industries Analysis, Raw Material and Suppliers, Equipment and Suppliers, Manufacturing Analysis, Manufacturing Process, Manufacturing Cost Structure, Manufacturing Plants Distribution Analysis, Industry Chain Structure Analysis
• What is the global (North America, South America, Europe, Africa, Middle East, Asia, China, Japan) production, production value, consumption, consumption value, import and export of Battery Energy Storage System?
• What are the Battery Energy Storage System market opportunities and threats faced by the vendors in the global Battery Energy Storage System Industry?
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Segmentation: Global Battery Energy Storage System Market
The market is segmented based on
• battery type,
• connection type,
• geographical segments.
Based on element, the market is segmented into
Based on battery type, the market is segmented into
• advanced lead acid,
• flow batteries
• sodium sulfur.
Based on connection type, the market is segmented into
Based on ownership, the market is segmented into
• customer owned,
• third-party owned,
• utility owned.
Based on Application, the market is segmented into
• utilities and
Based on geography, the market report covers data points for 28 countries across multiple geographies such as
• North America,
• South America,
• Middle East & Africa.
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.
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