Off-grid Energy Storage Market in India Market by Products, Market Competitive Situation, Market Expansion and Trends by 2021

Publisher’s market study identifies the need for electrification to be one of the primary growth factors for the off-grid energy storage market in India. Electricity consumption is imperative for economic growth, driving infrastructure and social development. Majority of the population residing in developing countries and rural area lack access to grid power, that impacts the economic growth of the country. Grid extension has high operational cost and demands for high investment. Consequently, remote locations are utilizing limited grid connectivity in addition to, diesel generators and energy storage systems. The market analysts estimate that the market will grow steadily at a CAGR of more than 15% by 2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the off-grid energy storage market in India for 2017-2021. To calculate the market size, the report considers the new installations and exclude aftermarket.

Publisher's report, Off-Grid Energy storage market in India 2017-2021, 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
-Delta Electronics
-Exide Industries
-NEC Energy Solutions
-Su-Kam Power Systems

Request Sample Copy at http://www.reportsweb.com/inquiry&RW00011084031/sample .

Other prominent vendors
-ABB
-Amara Raja
-Luminous Power Technologies
-Panasonic India
-Saft
-Samsung SDI
-Schneider Electric
-Trojan Battery Company

Market driver
-Need for electrification
-For a full, detailed list, view our report

Market challenge
-High capital requirement
-For a full, detailed list, view our report

Market trend
-Need for reducing CO2 emissions
-For a full, detailed list, view our report

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