Energy Storage Systems Market Growth & Opportunities 2022

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Energy Storage Systems Market
Opportunities and Forecasts, 2014 2022
Pages 146 Published 2016
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ENERGY STORAGE SYSTEMS MARKET
China and South Korea are driving the growth of
energy storage systems market in Asia-pacific
with an increasing focus on production of
electric vehicles in future. Eswara Prasad
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ENERGY STORAGE SYSTEMS MARKET OVERVIEW

• Energy Storage Systems Market Report, published
  by Allied Market Research, forecasts that the
  global market was valued at 172,236 million in
  2015, is expected to garner 264,953 million by
  2022, registering a CAGR of 6.4 during the
  period 2016 - 2022.
• It is anticipated that pumped hydro storage
  technology segment would generate the highest
  revenue throughout the forecast period.
• In the year 2015, Asia-Pacific led the global
  market and is expected to maintain its position
  throughout the forecast period.
• The increasing production of renewable energy by
  major economies across the world is driving the
  market for energy storage systems. 
• Read more at https//www.alliedmarketresearch.c
  om/advanced-energy-storage-systems-market

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BREAKDOWN OF PRIMARY RESPONDENTS ENERGY STORAGE
SYSTEMS MARKET
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ENERGY STORAGE SYSTEMS MARKET KEY BENEFITS

• The study provides quantitative analysis of the
  world energy storage systems market with current
  trends and future estimations through 2014-2022
  to identify the prevailing market opportunities
  to capitalize on.
• Extensive analysis by end-user industry and
  method of synthesis predicts the various types of
  energy storage systems used in different end-user
  applications.
• Competitive intelligence highlights the business
  practices followed by leading players across
  various regions.
• An in-depth analysis of current research and
  clinical developments within world energy storage
  systems market is provided with key dynamic
  factors that affect the market behavior.

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TOP INVESTMENT POCKETS OF ENERGY STORAGE SYSTEMS
MARKET
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ENERGY STORAGE SYSTEMS MARKET KEY FINDINGS

• Pumped hydro storage segment is expected to
  account for major market share in 2015 and is
  expected to stay in the dominating position along
  the forecast period
• Non-residential end-user segment is expected to
  grow at a CAGR of 7.6 during the forecast period
• Asia-Pacific is anticipated to lead the market
  throughout 2022, growing at a CAGR of 7.3, in
  value terms.
• Flywheel is the fastest growing segment in the
  Asia-pacific region growing at an estimated CAGR
  of 28.9 in terms of value
• In North America, U. S occupies a major share of
  around 83.8 in 2015

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CHINA ENERGY STORAGE SYSTEMS MARKET 2014 - 2022
China is major country in terms of production and
consumption of energy storage systems in
Asia-pacific. The country is flanked with major
storage systems manufactures such as BYD Battery
Co. Ltd. Further China aims to increase the
production of electric vehicles which will propel
the battery storage systems market in
Asia-pacific.
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KEY PLAYERS IN INDUSTRY

• LG Chem., ABB Ltd.
• AES Energy Storage, LLC
• Beacon Power, LLC, BYD Company Limited
• Convergent Energy
• Power Inc.
• Greensmith Energy Management Systems
• Eos Energy Storage
• Seeo Inc.
• SC Electric Company
• Download Sample Report Here
• https//www.alliedmarketresearch.com/request-toc/1
  34

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OPPORTUNITIES IN ENERGY STORAGE SYSTEMS MARKET
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ENERGY STORAGE SYSTEMS MARKET SEGMENTATION
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ENERGY STORAGE SYSTEMS MARKET BY GEOGRAPHY
North America Europe, Asia Pacific LAMEA
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