Stationary Battery Storage Market Report 2018-2030 - Top Companies | Tesla, Exide Technologies, Durapower, Hitachi Maxell, LG Chem Johnson Controls, A123 systems, Hitachi Chemical, GS Yuasa Duracell, Hitachi Chemical, Uniper, Panasonic, Roofer Technology,

The global stationary battery storage market is estimated to gain immense momentum in the coming years owing to the expansion of communication networks paired with technological advancements and product adoption in the automation sector.

The fast-paced development of communication network favored by government regulations as well as the advancement in wireless technology will present lucrative growth opportunities for leading players in the stationary battery storage market. For instance, a new bill plans to provide financial incentives to companies in Virginia’s underserved rural regions in a bid to strengthen broadband network in the region. The bill’s long-term goal is to make tower building for telecommunication and broadband internet companies highly cost-effective, especially in the rural parts of the state. Telecommunication networks require a constant supply of power as well as backup energy storage, therefore if this bill is passed it will subsequently impel the stationary battery storage market growth in the region.

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Advancement in the designing of wireless technologies along with development of communication network will expand the stationary battery storage Market. Unavailability of effective monitoring units across the emerging economies coupled with recurrent power failures & outages will augment the business growth. Moreover, rapid technological enhancements for the advancement of distributed generation technology will stimulate the adoption of product.

U.S. stationary battery storage market will expand owing to the increasing investments toward the restoration of existing electrical infrastructure along with growing deployment of advance support systems. Increasing power consumption coupled with growing need for reliable and continuous supply of electricity will further enhance the business growth. For instance, China announced investment of USD 800 billion in the U.S. energy infrastructure industry in 2017.

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High voltage capacity along with high gravimetric and volumetric densities are some of the key parameters which will propel the stationary battery storage Market. The Multidisciplinary Digital Publishing Institute (MDPI) in 2017, stated the energy density of lithium-ion battery varying from 110 - 160 Wh/Kg as compared to the lead acid, NiCd and NiMH, batteries. Furthermore, the reduction in the battery cost owing to economy of scale and efficient manufacturing coupled with availability of low cost raw material will complement the industry outlook.

Eminent leaders in the stationary battery storage market include ACDelco, Exide Technologies, Durapower, Tesla, Hitachi Maxell, LG Chem Johnson Controls, A123 systems, Hitachi Chemical, GS Yuasa Duracell, BYD co, Hitachi Chemical, Uniper, Panasonic, Roofer Technology, Toshiba, Valence Technology and Samsung SDI.

Table of Contents:

Chapter 1. Methodology & Scope

Chapter 2. Executive Summary

Chapter 3. Stationary Battery Storage Industry Insights

Chapter 4. Stationary Battery Storage Market, By Battery

Chapter 5. Stationary Battery Storage Market, By Application

Chapter 6. Stationary Battery Storage Market, By Region

Chapter 7. Stationary Battery Storage Market Company Profiles

Outer scope of this report technological advancement in the field of energy storage is another factor that will drive market growth in the future. Case in point, Cerenergy is the Fraunhofer Institute for Ceramic Technologies and System IKTS’s newly developed ceramic high-temperature battery meant for stationary battery storage. These batteries cost less than 100 Euro per kWh, while the price at the cell level is nearly half the price level of Li-ion batteries.

Furthermore, the product’s rising adoption in the automation sector will also impact the stationary battery storage market over the coming years, with automakers embracing the development of energy storage tech. Reportedly, Volkswagen’s is creating its own company to provide charging and energy storage solutions, and stationary batteries are said to have a significant role in this framework, that will help augment the market growth.

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