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Energy Storage Systems Market Details: SWOT Analysis, New Project Investment Feasibility, Budget, Solution and Upcoming Project Schedule

02-04-2020 02:58 PM CET | Energy & Environment

Press release from: allied market research

Energy Storage Systems Market Details: SWOT Analysis, New

The increasing production of renewable energy by major economies across the world is driving the market for energy storage systems. Coupled with the increasing usage of renewable resources, the growing interest towards the adoption of electric vehicles will also fuel the growth of energy storage systems.

Energy Storage Systems Market Report, published by Allied Market Research, forecasts that the global market was valued at $172,236 million in 2015, is expected to garner $264,953 million by 2022, registering a CAGR of 6.4% during the period 2016 - 2022.

It is anticipated that pumped hydro storage technology segment would generate the highest revenue throughout the forecast period. In the year 2015, Asia-Pacific led the global market and is expected to maintain its position throughout the forecast period.
Access Full Report: https://www.alliedmarketresearch.com/advanced-energy-storage-systems-market

Key findings of Energy Storage Systems Market Study:
o Pumped hydro storage segment is expected to account for major market share in 2015 and is expected to stay in the dominating position along the forecast period
o Non-residential end-user segment is expected to grow at a CAGR of 7.6% during the forecast period
o Asia-Pacific is anticipated to lead the market throughout 2022, growing at a CAGR of 7.3%, in value terms.
o Flywheel is the fastest growing segment in the Asia-pacific region growing at an estimated CAGR of 28.9% in terms of value
o In North America, U. S occupies a major share of around 83.8% in 2015

In the year 2015, grid storage was the largest end-user, with major share of world energy storage systems market, followed by transportation. Although there is a keen focus of major economies such as China, United Kingdom, France, Holland, Spain, Germany, Japan, U. S. on increased production of electric vehicles with an objective to save to high cost incurred due to fuel consumption.

The report provides comprehensive analysis of the key players that operate in the world energy storage systems market such as LG Chem., ABB Ltd., AES Energy Storage, LLC, Beacon Power, LLC, BYD Company Limited, Convergent Energy and Power Inc., Greensmith Energy Management Systems, Eos Energy Storage, Seeo Inc., and S&C Electric Company. These players occupy a major share in the world energy storage systems market followed by other tier 2 and tier 3 players worldwide.

Have Any Query? Ask our Research Experts: https://www.alliedmarketresearch.com/purchase-enquiry/134

CHAPTER 1. INTRODUCTION

1.1. Report description
1.2. KEY MARKET BENEFITS:
1.3. KEY MARKET SEGMENTS:
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2. EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3. MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top Investment Pockets
3.2.2. Top winning strategy

3.3. Porters Five Force analysis

3.3.1. Bargaining power of the supplier
3.3.2. Bargaining power of the buyer

Get More Details Download Sample Report: https://www.alliedmarketresearch.com/request-sample/134

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About Us:
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small- & medium-scale enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one-stop solution right from data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients understand the significance and impact of market dynamics. The company applies client's insight on the factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligence support to help clients transform into a prominent business firm.

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