Press release
Analysis of Global Off-grid Energy Storage System Market to grow at a CAGR of 6.657% during the Period 2016-2020: Key Vendors are LG Chem, NRG Energy, Green Charge etc.
About Off-Grid Power Generation Systems
Off-grid power generation systems are generally used when there are capital limitations or the physical landscape makes it tough to have a grid connection. Off-grid energy storage systems are used in localities that are far away from populated areas or cities and not connected to any electricity grid. In these regions, despite the presence of independent power supply providers, electricity is not available 24/7 to consumers. This creates a demand for energy storage systems that aid in storing electricity for future use during power outages.
Technavios analysts forecast the global off-grid energy storage system market to grow at a CAGR of 6.657% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global off-grid energy storage system market for 2016-2020. To calculate the market size, the report considers the revenue generated by the demand for energy storage for off-grid systems for application by end-users in each region and their corresponding key countries.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Off-Grid Energy Storage System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Aquion Energy
Green Charge
LG Chem
NEC Energy Solutions
NRG Energy
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Table of Content
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast by revenue
Five forces analysis
PART 06: Market segmentation by battery technology
Global off-grid energy storage system market by battery technology
Li-ion battery technology
LAB technology
Sodium-based battery technology
PART 07: Market segmentation by geography
Global off-grid energy storage system market by geography
Off-grid energy storage system market in Americas
Off-grid energy storage system market in EMEA
Off-grid energy storage system market in APAC
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