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Energy Storage Market Insights 2020: Business Analysis By 2028 With Leading Players: GS Yuasa Corporation, Contemporary Amperex Technology Co. Limited, UNIENERGY TECHNOLOGIES LLC, BYD Co. Ltd, and Johnson Controls International PLC.

10-12-2020 03:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INISGHTS

Energy Storage Market

Energy Storage Market

The global market for energy storage has seen growth due to power supply and demand imbalances due to power outages triggered by hurricanes, equipment failures and fire incidents. Energy storage helps reduce energy insecurity, which is one of the main reasons projected to crash the market over the next seven years.

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One of the key drivers found on the energy storage market is the rising demand for unconventional energy generation sources. With rapid urbanization, demand for hydroelectricity, solar energy and wind energy is rising. The key explanation for this is that these energy sources provide renewable electricity, are readily available and are capable of meeting the rising demand.

Throughout the forecast era, Asia-Pacific is projected to continue its dominance in the energy storage industry. The area consists of two main types of power grids each with different characteristics and energy storage system opportunities. On the one hand are highly developed nations like Japan, South Korea, New Zealand, and Australia, as well as other large cities with modern grids that efficiently run and use advanced technologies.

The energy storage market has been segmented by type (batteries, pumped-storage hydroelectricity (psh), thermal energy storage (tes), flywheel energy storage (fes), and others), and application (residential, commercial and industrial).

Company profiled in this report based on Business overview, Financial data, Product landscape,Strategic outlook & SWOT analysis:

1. GS Yuasa Corporation
2. Contemporary Amperex Technology Co. Limited
3. UNIENERGY TECHNOLOGIES LLC, BYD Co. Ltd
4. Johnson Controls International PLC.

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Market Segmentation:

By Type:
Batteries
Pumped-storage Hydroelectricity (PSH)
Thermal Energy Storage (TES)
Flywheel Energy Storage (FES)
Others

By Application:
Residential
Commercial
Industrial

By Region:
North America
o North America, by Country
? US
? Canada
? Mexico
o North America, by Type
o North America, by Application

Western Europe
o Western Europe, by Country
? Germany
? UK
? France
? Italy
? Spain
? The Netherlands
? Rest of Western Europe
o Western Europe, by Type
o Western Europe, by Application

Asia Pacific
o Asia Pacific, by Country
? China
? India
? Japan
? South Korea
? Australia
? Indonesia
? Rest of Asia Pacific
o Asia Pacific, by Type
o Asia Pacific, by Application

Eastern Europe
o Eastern Europe, by Country
? Russia
? Turkey
? Rest of Eastern Europe
o Eastern Europe, by Type
o Eastern Europe, by Application

Middle East
o Middle East, by Country
? UAE
? Saudi Arabia
? Qatar
? Iran
? Rest of Middle East
o Middle East, by Type
o Middle East, by Application

Rest of the World
o Rest of the World, by Country
? South America
? Africa
o Rest of the World, by Type
o Rest of the World, by Application

Objectives of this report:
o To estimate market size for energy storage market on regional and global basis.
o To identify major segments in energy storage market and evaluate their market shares and demand.
o To provide a competitive scenario for the energy storage market with major developments observed by key companies in the historic years.
o To evaluate key factors governing the dynamics of energy storage market with their potential gravity during the forecast period.

Reasons to Buy This Report:
o Provides niche insights for decision about every possible segment helping in strategic decision making process.
o Market size estimation of the energy storage market on a regional and global basis.
o A unique research design for market size estimation and forecast.
o Identification of major companies operating in the market with related developments
o Exhaustive scope to cover all the possible segments helping every stakeholder in the energy storage market.

Customization:
This study is customized to meet your specific requirements:
o By Segment
o By Sub-segment
o By Region/Country
o Product Specific Competitive Analysis

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: US +1 208 405 2835 UK +44 144 439 0986 APAC +91 706 672 4848
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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