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Battery Energy Storage for Smart Grid Market 2019 -2025 by Growth Factors Affecting on Future Industry and Top Players like Siemens, ABB, Samsung SDI, GEAlstom, A123, Bosch, BYD, AES Energy Storage and LG Chem

08-02-2019 11:23 AM CET | Energy & Environment

Press release from: Orian Research

Battery Energy Storage Systems for Smart Grid

Battery Energy Storage Systems for Smart Grid

Owing to the growing consumption of power across the globe, there is a greater need for energy storage as distributed generation. Distributed generation produces power close to the areas where it is consumed so that the distance is reduced, resulting in less transmission and distribution losses. Distributed Energy Resources (DER) will be increasingly used to meet the future electricity demands for residential and industrial customers, utilities and commercial customers. The growing requirement to mitigate the power transmission and distribution losses will propel the demand for distributed generation during the forecast period.

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Key factors such as the aging power infrastructure, need for mitigation of cybersecurity risks and accumulation of new resources to the grid has propelled the grid manufacturing companies to opt for ways to make the grid reliable, protect it against cybersecurity, and increase flexibility to make rapid changes according to supply and demand conditions. Many utilities are implementing smart grids that use digital and IT systems to manage the power flow efficiently and effectively. The Americas dominated the battery energy storage market for smart grid and accounted for most of the total market share. Much of the region’s growth can be attributed to the increasing use of smart grids and the increasing need for energy storage for distributed systems.

This report focuses on global major leading industry players of Battery Energy Storage Systems for Smart Grid market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Battery Energy Storage Systems for Smart Grid development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered.

With tables and figures helping analyze worldwide Battery Energy Storage Systems for Smart Grid market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

This Report provides the analysis of Top Company including Overview, Key Product Offerings, Business Strategy, SWOT Analysis and Financials.
• Siemens
• ABB
• Samsung SDI
• GEAlstom
• A123
• Bosch
• BYD
• AES Energy Storage
• LG Chem
• ...

Market Segment by Product Type
• Secondary Batteries
• Flow Batteries
• Others

Market Segment by Application
• Energy Management
• Backup Power
• Voltage Support
• Load Leveling
• Others

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The study objectives of this report are:
• To analyze global Battery Energy Storage Systems for Smart Grid status, future forecast, growth opportunity, key market and key players.
• To present the Battery Energy Storage Systems for Smart Grid development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Battery Energy Storage Systems for Smart Grid are as follows:
• History Year: 2014-2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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Table of Content

Global (United States, European Union and China) Battery Energy Storage Systems for Smart Grid Market Research Report 2019-2025
Part 1 Market Overview
Part 2 Key Companies
Part 3 Global Market Status and Future Forecast
Part 4 Asia-Pacific Market Status and Future Forecast
Part 5 Europe Market Status and Future Forecast
Part 6 North America Market Status and Future Forecast
Part 7 South America Market Status and Future Forecast
Part 8 Middle East & Africa Market Status and Future Forecast
Part 9 Market Features
Part 10 Investment Opportunity
Part 11 Conclusion

Contact Us:
Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US: +1 (832) 380-8827 | UK: +44 0161-818-8027

About Us:
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

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