Advanced Energy Storage Systems Market to See Major Growth by 2022 | Hitachi, AES Energy, Alevo, ZBB Energy, Exide Technologies

A comprehensive research study on Advanced Energy Storage Systems Market introduced by Decresearch provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Global advanced energy storage systems industry is segmented into electricity production application, electricity delivery & management application and transportation application. Advanced Energy Storage Systems Market size in 2014 was valued over 3.5 GW with CAGR of over 15% up to 2022.

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Electricity production application segment was biggest and contributed more than 33.1% to the overall advanced energy storage systems market share for 2014. Transportation segment was second biggest application segment for 2014 and it generated a total revenue of more than $371 billion for this year. Electricity delivery & management segment is projected to experience biggest gains in future.

Key Players:
o Hitachi
o AES Energy
o Alevo
o ZBB Energy
o Exide Technologies
o LG Chem Ltd.
o Maxwell Technologies Inc.
o Nippon Chemi-Con Corporation
o SAFT
o Aquion Energy
o Altair Nanotechnologies Inc.
o Enersys
o Active Power Inc.
o Toshiba
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Global advanced energy storage systems industry is segmented into thermal technology, compressed air technology, batteries, flywheel technology and molten salt technology. Thermal technology was leading segment in terms of utility with value surpassing $1.32 billion for 2014. This technique has beneficial as compared to other techniques as it does not require any inputs like lithium nor it has any geographical constrictions. Factors like enhanced efficacy with low energy consumption and low greenhouse emissions are predicted to propel the use of this technology in many applications.

Batteries segment contributed about 10% of total utilization share and is predicted to experience highest gains in future. Factors like charging ease as well as liquid electrolyte re-powering leading to low power wastage are predicted to favorably affect the segment demand. Flywheel technology segment is predicted to register CAGR of greater than 18.1% during forecast timeline. This technology has many industry growth avenues as it is more reliable, efficient, possess long life span and requires less maintenance.

Table Of Content
Chapter 1 Research Methodology
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast
1.1.3 Industry insights and validation
1.2 Data Sources
Chapter 2 Executive Summary
2.1 Advanced energy storage systems 360� synopsis, 2012 - 2022

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