Advanced Energy Storage Systems Market Business Growth Statistics and Key Players Insights: The AES Corporation, Hitachi Consulting Corporation, Alevo Group S.A., EnSync Energy Systems, EXIDE INDUSTRIES LTD

The Report on Advanced Energy Storage Systems Market is the latest addition to the huge database of Crystal Market Research.com. This research study is segmented on the basis of applications, technology, geography, and types.

Competitive Insights
The Global advanced energy storage systems market is exceptionally divided attributable to the existence of various members that provide various storage advancements. The market is portrayed by ceaseless R&D by major players that include Altairnano, AES Energy Storage, LG Chem, Alevo and General Electric. Altairnano created Li-Ti batteries with the aim to alleviate issues associated with frequency regulation. Additionally, joint endeavors and assentions are an essential part of the overall market with significant organizations teaming up to create application scope.

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Industry Outlook and Trend Analysis
The global Advanced Energy Storage Systems market was worth USD 1.51 billion in the year of 2012 and is expected to reach approximately USD 3.42 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 7.63% during the forecast period. Rising power utilization on everyday basis combined with expanding vitality supply-demand void has brought about the high requirement for storage limit increments. The measure of electricity produced is settled over a period wherein the request continues to fluctuate. Management of energy, to meet network demands for utility-scale measured tasks at peak circumstances, is the need of the day and therefore is relied upon to boost advanced energy storage systems market. Expanding R&D associated with rising number of substitute energy sources is relied upon to bring about a discontinuous requirement for advanced energy storage in this manner enlarging storage systems market over the conjecture time frame. Advanced energy storage systems have a tendency to successfully deal with the stream of energy resources in hence decreasing the quantity of energy plants which is required to be a key driving variable for market development.

TOP MOST PLAYERS:

The AES Corporation
Hitachi Consulting Corporation
Alevo Group S.A.
EnSync Energy Systems
EXIDE INDUSTRIES LTD
Maxwell Technologies Inc.
LG Chem Ltd.
Saft Groupe S.A.
Nippon Chemi-Con Corporation
Aquion Energy
Altair Nanotechnologies Inc.
Active Power Inc. (acquired by Langley Holdings PLC)
Enersys
Toshiba America Energy Systems
Greensmith Energy Management Systems
Energizer Holdings, Inc.

Market Classification-

Advanced Energy Storage Systems Market, By Technology
Battery technology
Compressed air technology
Flywheel technology
Thermal technology
Molten salt technology

Advanced Energy Storage Systems Market, By Region

North America (U.S, Canada, Mexico)

Europe (Germany, France, UK, Italy, Spain, Rest of Europe)

Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia Pacific)

Rest of the World (Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others)

Regional Outlook and Trend Analysis

With the advent of sustainable power source including solar PV and twist in high development markets of United States, Germany, Japan and Italy, requirement for advanced energy storage systems is anticipated to essentially ascend over the conjecture time frame. North America and Europe held a large share of the market inferable from more significant installed capacities. Owing to rising demand of energy Asia Pacific is anticipated to witness significant demand. The advanced energy market in the United States registered for more than 15 percent USD 1.3 trillion global markets which is a major reason for high demand of energy storage from North America.

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Technology Outlook and Trend Analysis
On the basis of capacity thermal energy storage technology was the biggest that represented 40 percent of the total market due to high efficiency and capturing and storing of energy for utilization after a specific period. The surplus energy created solar thermal power plants amid the day is stocked as pumped warm, fluid air or hydrogen and is utilized later around evening time to drive a turbine that produces power. Flow and rechargeable batteries are in their early stages with a few advancements by market members concentrating on expanding scope of application. Redox, ICB, VRB, ZNBR are flow batteries, while LI-ION, NI-CD and NAS are solid state batteries. The requirement for batteries is anticipated to encounter a huge increment attributable to simple charging properties combined with re-stimulation of the electrolyte fluid bringing about low wastage.

Table of Contents:-

1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

2. Executive Summary
2.1. Key Highlights

3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising demand of advanced energy
3.2.1.2. Growing Renewable Energy Investments
3.2.1.3. Electrification of Automobile and Transport sector
3.2.2. Restraints
3.2.2.1. High Capital Spending
3.2.3. Opportunities
3.2.3.1. Rising Opportunity for Residential and Commercial Applications

4. Advanced Energy Storage Systems Market, By Technology
4.1. Introduction
4.2. Advanced Energy Storage Systems Market Assessment and Forecast, By Technology, 2012-2022
4.3. Battery technology
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4. Compressed air technology
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.5. Flywheel technology
4.5.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.6. Thermal technology
4.6.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.7. Molten salt technology
4.7.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)

…CONTINUED FOR TOC

FEATURES OF THE REPORT:

1. The analysis of Advanced Energy Storage Systems market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.

2. The key players in the market and their share in the global market are discussed.

3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.

4. The Advanced Energy Storage Systems market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.

Continued…

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