Infinium Global Research has added a new report on Energy Storage Systems Market. The
report presents analysis of global as well as regional markets of energy
storage systems market over the period of 2016 to 2024. The adoption of
renewable energy across the world is growing very rapidly that is driving the
energy storage system market worldwide. The energy storage systems play a vital
role in the storage of renewable energy storage. The energy storage systems
come in the various capacities i.e. Ampere/Hrs. The rising consumer’s interest
towards the use of on-demand energy source is likely to boosts the growth of
the energy storage system market. In addition, use of the software’s to manage
the energy storage system is expected to contribute to the growth of the energy
storage system market. However, the initial high set-up cost of energy storage
system is expected to hamper the growth of the energy storage system. Moreover,
rising adoption of energy storage system across various industries is expected
to create several opportunities for the energy storage system market in the
upcoming market.
Regionally, Asia Pacific region is the largest and
fastest growing region in the energy storage system market owing to increased
use of renewable energy sources such as solar energy and wind energy. Also,
government regulation and incentives to use renewable source of energy and
increased the sales of electric vehicles in this region to facilitate growth in
the Asia Pacific region. Moreover, China accounts for the major market share in
term of production of batteries that is likely to drive the growth of the
energy storage system market in this region. Moreover, the growth matrix
presented by Infinium Global Research identifies the key investment markets in
the near future, this will not only help the companies to understand the
competitive position in the global energy storage systems market but also make
strategic decisions to capture the most lucrative markets in the near future. The
market size is presented in terms of value for the historic year 2016 and
estimated for forecast period of 2018-2024.
Get 15% discount
for early purchase of global energy storage systems market report by clicking
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The recent report identified that Asia Pacific
dominated the global energy storage systems market over the last couple of
years, while emerging markets of Asia-Pacific and Latin America are anticipated
to contribute significantly to the growth in the energy storage systems market
worldwide.
The report segments the global energy storage systems
market on the basis of Technology and End-User.
Global Energy Storage Systems Market by
Technology
·
Mechanical Storage
·
Electrochemical Storage
·
Thermal Storage
Global Energy Storage Systems Market by
End-User
·
Residential
·
Commercial
·
Transportation
·
Utility
Companies Profiled in the Report
·
ABB
·
Siemens
·
Panasonic
·
LG Chem
·
Samsung SDI
·
General Electric
·
Hitachi
·
Tesla
·
General Electric Company
·
Maxwell Technologies, Inc.
·
NEC Corporation
·
Others
About Infinium Global Research
Infinium Global Research is a business intelligence
company that provides its clients with market information services, solutions,
and reports. The intelligence reports include qualitative as well as
quantitative information, which are blended using forecasting models in order
to project future market demand. Our panels of Subject Matter Experts (SMEs),
Analysts, and Consultants use numerous data gathering tools in order to provide
you with detailed information on the market as well as a preview of its
projected growth. Our repository includes the largest and most credible
databases, through which we determine various qualitative and quantitative
parameters of the market to provide you with an in-depth business intelligence
report.
Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.
