Press release
At a CAGR of 72.91%, Global Battery Energy Storage Systems for Smart Grid will grow steadily during the period 2016-2020
About the Battery Energy Storage Market for Smart Grid
The suppression or filtering of electromagnetic noise in connectors can be achieved by adding diodes and capacitors to separate interfering high-voltage or high-frequency noise from the desired lower frequency signals. These connectors are called filtered connectors and have been used in the industry for more than three decades to provide cost- and space-effective solutions to EMI problems. They can be used in multiple applications such as satellites, avionics systems, communications, missiles, consumer electronics, and medical instruments.
With growth in population and increasing urbanization, there has been an increase in power consumption. Excess power consumption has led to power outages in many countries and has also resulted in heavy loads during peak hours. One of the reasons for power outages is the massive loss of electricity during its transmission and distribution from the power plants. The use of smart grid storage technologies enables reduction of such losses and improves the efficiency of power plants.
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Technavios analysts forecast the global battery energy storage market for smart grid to grow at a CAGR of 72.91% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global battery energy storage market for smart grid for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of battery energy storage for smart grid globally. The report does not include revenue generated from the aftermarket service of the product.
The market is divided into the following segments based on geography:
America
APAC
EMEA
Read All Smart Grid Market Research Reports @ http://www.researchmoz.us/smart-grid-market-reports.html
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
Technological overview
Market overview
Market size and forecast by revenue
Five forces analysis
PART 06: Market segmentation by batteries
Global battery energy storage market for smart grid by batteries 2015
Global battery energy storage market for smart grid by batteries 2020
Global battery energy storage market for smart grid by batteries 2015-2020
Global Li-ion battery market 2015-2020
Global lead-acid battery market 2015-2020
Global sodium-sulfur battery market 2015-2020
PART 07: Market segmentation by geography
Global battery energy storage market for smart grid by geography
Battery energy storage market for smart grid in Americas
Battery energy storage market for smart grid in APAC
Battery energy storage market for smart grid in EMEA
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