Press release
Sodium Sulphur Battery Market Size, Share, Industry, Analysis, Growth, Report 2021- 2026
The Global Sodium Sulphur Battery Market 2021 by Regions, Type, and Application, forecast to 2026 research report is a comprehensive, methodical, and all-encompassing examination of the industry. The study's goal is to help key vendors, organisations, and end-users in the industry better grasp the benefits and complete features of market segments. It examines market dynamics and gives an overview to aid in the definition, categorization, and statistical analysis of markets. The present condition of the worldwide Sodium Sulphur Battery market, as well as its future prospects.In accordance with the Sodium Sulphur Battery market is set to grow at a CAGR of 12.9% over the forecast period (2021-2026).
The report's authors used a unique and industry-leading research and analysis technique to conduct an in-depth analysis of the worldwide Sodium Sulphur Battery market. From 2021 through 2026, this study anticipates demand, trends, and revenue growth at regional and country levels, as well as an examination of industry trends in each of the sub-segments.
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In the worldwide market, there are a number of important and rising Sodium Sulphur Battery market Key players:
NGK, Exergy Storage, Wuhu Haili
Market segment by Type, covers:
200kW
400kW
600kW
800kW
Others
The application covered in the report include:
Residential
Municipal
Industrial
Market Overview
The market for sodium sulfur battery is expected to grow at a CAGR during the forecast period of 2021 – 2026.These batteries are suitable for stationary energy storage applications and can operate at a high operating temperature range i.e., 300ºC to 350ºC. Therefore, increasing demand for power and energy storage across the globe are the factors that are expected to drive the growth of sodium sulfur battery market during the forecast period. Due to corrosive nature, these batteries are generally preferred for non-mobile applications. The growing popularity and declining prices of lithium-ion (Li-ion) batteries are expected to restrain the growth of sodium sulfur battery market in renewable energy integration applications.
The renewable energy stabilization application is expected to witness a significant growth in the coming years due to increasing integration of fluctuating renewable energy sources, such as wind and solar, into the grid.
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Asia Pacific to Dominate the Market
Asia Pacific is witnessing a huge support from the government to promulgate the renewable power and energy storage deployment. Countries such as India, China and Japan are the major markets for solar and wind power systems.
The electrochemical energy storage development in China attracts huge attention as the total electrochemical storage capacity was 1.073GW, 2.8 times that of 2017.
China has most of the energy storage capacity planned or under construction which is likely to provide a huge impetus to NaS battery demand in the Asia-Pacific region.
Regional Outlook:
This research report focuses on Sodium Sulphur Battery market volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.
Europe would enjoy the second spot where several factors like automation and better technical inclusion and Scope. The Asia Pacific region has better prospect in growing with a high CAGR in the coming years as the regional market would witness several changes in the infrastructure.
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Table of Contents: Sodium Sulphur Battery Market
Chapter 1: Global Sodium Sulphur Battery Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Sodium Sulphur BatteryMarket Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Sodium Sulphur Battery Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Sodium Sulphur Battery Market Effect Factors Analysis
Chapter 12: Research Conclusions of Global Sodium Sulphur Battery Market
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
Report Customization:
The Global Sodium Sulphur Battery Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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