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Recent Business Report On Advanced Energy Storage Systems Market By Major Key Vendors 2017-2025

01-22-2020 01:43 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

The Global Advanced Energy Storage Systems Market was valued at USD 11.82 billion in 2016 and is projected to reach USD 24.21 billion by 2025, growing at a CAGR of 8.29% from 2017 to 2025.

Advanced Energy Storage System convert electricity into energy, store it and then convert back into usable electricity at a later time. Include – lower costs, decreased infrastructure investments, higher dependability, grid stabilization services, enhanced grid operation abilities, backup power capabilities for emergencies, and maximizing time-of-use rates.

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10059854

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Grid expansion and investment in the modern infrastructure
1.2 Increasing opportunity for commercial and residential applications
1.3 Increasing electrification of the transport sector
1.4 Technological advancement and expanded deployment
1.5 Growing renewable energy investments
1.6 Growing need for energy efficiency
2. Market Restraints
2.1 Lack of common codes and standards
2.2 High capital investments
2.3 Hazardous environmental impact

Market Segmentation:
The Global Advanced Energy Storage Systems Market is segmented on the technology, application, end user, and region.

1. Technology:
1.1 Thermal Storage
1.1.1 Sensible
1.1.2 Latent
1.1.3 Thermo Chemical
1.2 Mechanical
1.2.1 Compressed Air Energy Storage & Liquid Air Energy Storage
1.2.2 Pumped Hydro
1.2.3 Flywheel
1.3 Electro Chemical
1.3.1 Lead Acid battery
1.3.2 Lithium-Ion battery
1.3.3 Nickel Metal Hydride & Nickel Metal Cadmium
1.3.4 Sodium Sulfur battery
1.3.5 Flow battery

2. By Application:
2.1 Grid Storage
2.2 Transportation

3. By End User:
3.1 Residential
3.2 Non-Residential

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. ABB Ltd.
2. Samsung SDI Co., Ltd.
3. Saft Groupe S.A.
4. Evapco, Inc.
5. Baltimore Aircoil Company, Inc.
6. Hitachi, Ltd.
7. Panasonic Corporation
8. LG Chem, Ltd.
9. GS Yuasa Corporation
10. General Electric Company
11. Tesla, Inc.
12. Calmac
13. BYD Company Limited
14. Siemens AG

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Request For Full Report: https://www.kennethresearch.com/sample-request-10059854

RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Advanced Energy Storage Systems Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.

Contact Us

Kenneth Research

Email: Sales@kennethresearch.com

Phone: +1 313 462 0609

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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