Grid Scale Energy Storage Market Brief Analysis By Top Key Players | ABB, Beacon Power, Hydrostor, EnerVault, GE, Samsung SDI, S&C Electric, SustainX

Global Grid Scale Energy Storage Market Report added by MarketstudyReport.com offers industry size, share, growth, trends and forecast analysis up to 2023. Grid Scale Energy Storage Market Report also covers top key players, porter’s five forces analysis and market segmentation in detail. This report examines the global Grid Scale Energy Storage market and provides information regarding the revenue for the period 2018 to 2023.

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Grid energy storage is a collection of methods used to store electrical energy on a large scale within an electrical power grid. Electrical energy is stored during times when production (especially from intermittent power plants such as renewable electricity sources such as wind power, tidal power, solar power) exceeds consumption, and returned to the grid when production falls below consumption.

This report focuses on the Grid Scale Energy Storage in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

A variety of grid scale energy storage technologies are known to the industry and can be broadly categorized based on the type of energy being stored. Pumped hydro energy storage (PHES) is a well-established energy storage technique; however, because of known challenges, various other energy storage techniques, backed by public and private lending, have surfaced over the last decade.

For a market such as energy storage, which is linked to the economy of a country, initiatives related to policy decisions and mass awareness play a key role in the growth. Some countries have introduced reforms / amendments in the policies to encourage the market for energy storage, while others are still debating on it. The White House Summit 2016 is a recent example of such initiatives.

At the summit, a range of utility, industry and government storage commitments were highlighted to signify the importance of this subject. Post this, the Federal Energy Regulatory Commission (FERC) started working on re-evaluating some of the policies to encourage energy storage in the US.

At the time of release of this study, policies favoring renewable energy over other sources were in place in about 50 countries. The common theme across these policies is priority dispatch of electricity from renewable sources, special feed-in tariffs, quota obligations for renewable energy and energy tax exemptions.

In addition, legal bindings / agreements, such as COP21, to tackle climate change are encouraging the use of renewable energy, which, in turn, is likely to drive the energy storage industry.

The worldwide market for Grid Scale Energy Storage is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new Market Research study Report.

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Scope of the Report:
This report focuses on the Grid Scale Energy Storage Market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications.

Grid Scale Energy Storage Market Segment by Top Manufacturers Including:

• ABB
• Beacon Power
• Hydrostor
• EnerVault
• GE
• Samsung SDI
• S&C Electric
• SustainX

Grid Scale Energy Storage Market Segment by Regions, regional analysis covers:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers:

• Pumped Hydroelectric Storage System
• Thermal Storage
• Battery Storage
• Compressed Air Energy Storage
• Flywheel Storage
• Molten Salt Storage

Market Segment by Applications, can be divided into:

• Mechanical Energy
• Chemical Energy
• Electrochemical Energy
• Thermal Energy
• Electromagnetic Energy

There are 15 Chapters to deeply display the global Grid Scale Energy Storage market.
Chapter 1, to describe Grid Scale Energy Storage Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Grid Scale Energy Storage, with sales, revenue, and price of Grid Scale Energy Storage, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Grid Scale Energy Storage, for each region, from 2013 to 2018;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;

Chapter 12, Grid Scale Energy Storage market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Grid Scale Energy Storage sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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This release was published on openPR.