Press release
Storage Battery for Power Supply Market Analysis, Status and Business Outlook 2022 to 2027| Samsung SDI, LG Chem, Hoppecke, EnerSys, Toshiba
This report studies the Global Storage Battery for Power Supply Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Storage Battery for Power Supply Market analysis segmented by companies, region, type and applications in the report.The report offers valuable insight into the Storage Battery for Power Supply market progress and approaches with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.
The Global Storage Battery for Power Supply Market Size is Projected to Reach at a CAGR of 32.12% during 2021-2027.
Top Prominent in the Global Storage Battery for Power Supply Market:
Samsung SDI, LG Chem, Hoppecke, EnerSys, Toshiba, GS Yuasa Corporate, Kokam, Shandong Sacred Sun Power Sources Co. ltd., Gotion, Inc.
INDUSTRY NEWS
Toshiba has acquired 7 companies. A total of 4 acquisitions came from private equity firms. It has also divested 6 assets.
Toshiba’s largest acquisition to date was in 2011, when it acquired Landis+Gyr AG for $2.3B. It’s largest disclosed sale occurred in 2017, when it sold Kioxia Holdings to SK Hynix for $18.0B. Toshiba has acquired in 4 countries. The Company’s most targeted sectors include electrical equipment (40%) and semiconductors (40%).
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MARKET OVERVIEW
The lithium-ion battery segment is expected to be the fastest-growing segment for the battery energy storage system market. Additionally, the commercial and industrial segment is expected to dominate the market by application.
The commercial and industrial (C&I) sector is far more sensitive to power outages than the residential sector, and thereby the increase in reliability and decrease in the cost of battery energy storage system is expected to propel the adoption by the commercial and industrial sector, creating an opportunity for the growth of the market during the forecast period.
Asia-Pacific dominated the market across the globe with the largest consumption from countries, such as China.
This report segments the Global Storage Battery for Power Supply market on the basis of types is:
Less than 10 KW
Beyond 10 KW to 100 KW
Beyond 100KW to 500 KW
Others (Beyond 500 KW)
On the basis of Application, the Global Storage Battery for Power Supply market is segmented into:
Communications
Utilities (Electric Power Station, Gas, Water, etc.)
Railway Communication
Others
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Centre East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia)
Asia-Pacific to Dominate the Market
The Asia-Pacific region consists of two main types of power grids, each with different characteristics and opportunities for energy storage systems. On the one side are highly developed nations, such as Japan, South Korea, with advanced grids that operate reliably and utilize advanced technologies. On the other side, there are nations that are still developing and have unreliable or limited power grids.
The developing regions are also witnessing rapid population growth and urbanization, which is increasing the demand for electricity. Renewable energy is becoming increasingly cost-effective, and the developing countries are expected to include huge amounts of renewable energy into their grid.
The report has 150 tables and figures browse the report description and TOC:
https://www.marketintelligencedata.com/reports/614511/global-storage-battery-for-power-supply-market-insights-and-forecast-to-2027?Mode=radhika
Influence of the Storage Battery for Power Supply market report:
- Full assessment of all opportunities and risks on the Storage Battery for Power Supply market
- The Storage Battery for Power Supply market: recent innovations and major events.
- A detailed study of the commercial growth strategies of the main players in the Storage Battery for Power Supply market.
- A decisive study on the growth model of the Storage Battery for Power Supply market for the years to come.
- Thorough understanding of the engines, constraints and main micro-markets of the Storage Battery for Power Supply market.
- Favourable impression within the latest vital technology and market trends that hit the Storage Battery for Power Supply market.
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Table of Contents Storage Battery for Power Supply Market
- Chapter 1: Overview of Storage Battery for Power Supply Market
- Chapter 2: Global Market Status and Forecast by Regions
- Chapter 3: Global Market Status and Forecast by Types
- Chapter 4: Global Market Status and Forecast by Downstream Industry
- Chapter 5: Market Driving Factor Analysis
- Chapter 6: Market Competition Status by Major Manufacturers
- Chapter 7: Major Manufacturers Introduction and Market Data
- Chapter 8: Upstream and Downstream Market Analysis
- Chapter 9: Cost and Gross Margin Analysis
- Chapter 10: Marketing Status Analysis
- Chapter 11: Market Report Conclusion
- Chapter 12: Research Methodology and Reference
The research includes historic data from 2015 to 2020 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We also customization on reports based on specific client requirement:
1-Country level analysis for any 5 countries of your choice
2- Competitive analysis of any 5 key market players.
3- 40 analyst hours to cover any other data points.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
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