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Tesla, Toshiba, Exide Technologies, Johnson Controls, Uniper, Global companies are profiled in Stationary Battery Storage Market | Some Key Players are ACDelco, Panasonic, Duracell, BYD, LG Electronics, A123 systems, Samsung SDI, ACDelco, Valence Technolo

12-11-2018 07:39 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Stationary Battery Storage Market

Stationary Battery Storage Market

Stationary Battery Storage Market in China to witness 24% CAGR till 2030. Increasing investments toward infrastructure development along with expanding electrical network across the off-grid areas will foster the industry growth. Advancing economic scenario on account of rapidly developing commercial and residential sector along with expanding utility-based electrical infrastructure will further drive the business outlook. Favourable regulatory framework coupled with enhancing sustainable generating sources will positively compliment the industry outlook. In 2017, NEA announced an investment of over USD 300 billion toward the integration of various renewable energy technology by 2020 across the nation.

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Global Stationary Battery Storage Market size will exceed USD 35 billion to observe 17% CAGR from 2018 to 2030. Increasing investments toward integration of sustainable energy technologies coupled with growing deployment of enhanced storage units with high power output will foster the stationary battery storage market. Favorable regulatory framework toward the expansion of grid infrastructure will further propel the industry growth. International Finance Corporation in 2017, declared an investment of USD 1.2 billion for the development of renewable energy technologies in India.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. ACDelco
2. Panasonic
3. Duracell
4. BYD
5. LG Electronics
6. A123 systems
7. Samsung SDI
8. Tesla
9. Toshiba
10. Exide Technologies
11. Johnson Controls
12. Uniper

Japan stationary battery storage market is set to exceed USD 2 billion by 2030. Ongoing investments toward expansion of microgrid network coupled with rising electricity consumption on account of growing commercial and industrial sector will positively influence the industry growth. In addition, the rising concerns pertaining to security of supply will stimulate the product penetration.

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Japan stationary battery storage market is set to exceed USD 2 billion by 2030. Ongoing investments toward expansion of microgrid network coupled with rising electricity consumption on account of growing commercial and industrial sector will positively influence the industry growth. In addition, the rising concerns pertaining to security of supply will stimulate the product penetration.

Expansion of communication network on account of progression in the wireless technologies will augment the stationary battery storage market. Recurrent power failures and outages along with lack of efficient monitoring systems across the developing nations will complement the business outlook. Rapid technological advancements toward the development of distributed generation technologies will encourage the product adoption.

Flow battery in 2017, accounted for over 3.5% of the stationary battery storage market. Rapid technological advancement toward the development of efficient and cost-effective storage solutions along with growing investments toward integration of renewable grid network will foster the business growth. Longer shelf life and higher product efficiency are some of the key features which will makes it adoption preferable when compared with available alternatives.

Browse key industry insights spread across 330 pages with 364 market data tables & 13 figures & charts from the report, Stationary Battery Storage Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/stationary-battery-storage-market

Increasing R&D spending toward the development of efficient system along with improved shelf life will positively drive the stationary battery storage market. High discharge rate, reduced weight, comparative efficiency, longer life cycle, reducing cost and high voltage output and some of the key imperative parameters which will boost the product demand. In 2017, MDPI denoted the energy density for lithium-ion battery between 110 to 160 Wh/Kg when compared with NiMH, NiCd and lead acid batteries.

Investments toward refurbishment of ageing electrical infrastructure along with ongoing adoption of advanced grid support systems will foster the North America stationary battery storage market. Rising concerns toward security of supply with increasing spending toward sustainable electric network will stimulate the industry growth. Exponential increase in the power consumption along with growing demand for continuous and reliable electricity will further complement the business growth. In 2017, China proposed an investment of around USD 800 billion across the U.S. energy infrastructure sector.

Notable players across stationary battery storage market includes Exide Technologies, Johnson Controls, Tesla, Toshiba, Hitachi, Uniper, ACDelco, Panasonic, Roofer Technology, Hitachi Maxell, LG Chem, Valence Technology, Duracell, BYD co, Koninklijke Philips, GS Yuasa, Durapower, A123 systems, LG Electronics and Samsung SDI.

Browse Related Reports: https://www.gminsights.com/industry-analysis/thin-film-battery-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

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