Energy Storage Systems Market to Reach $264,953 Million, Globally, by 2022

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Opportunity Analysis and Industry Forecast,
2016-2023
Energy Storage Systems Market
Global Opportunity Analysis and Industry
Forecast, 2014-2022
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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. These systems are undergoing continuous
technological revolution that supports overcoming
of the traditional barriers of continuous supply
of energy. Further the market is shaping up owing
to continuous promotion of renewable energy
resources energy storage systems that have gained
increased importance recently. This increased
focus on production of renewable is mainly due to
increasing energy consumption at a global
level. 
Energy Storage Systems Market Overview -
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The report focuses on current market trends and
future growth opportunities of energy storage
systems, in various end-user industries such as
grid storage and transportation. Furthermore, it
provides insights on various technologies
available for storage for wide range of energy
types. The report suggests growth opportunities
by analyzing the current energy storage systems
market trends and government regulations
policies in different geographies. The figures
provided in this report are based on the
consumption quantity across various technologies
and end users, while the market value and volume
are derived by means of a bottom-up approach and
considering price trends across various
regions. Read more at https//www.alliedmarket
research.com/advanced-energy-storage-systems-marke
t
Energy Storage Systems Market Overview -
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China Review 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. Key players from
Asia-Pacific include AU Optronics Corp. Amita
Technologies, Exide Industries Ltd., LG Chem. And
few others.   Major players at a global platform
in the value chain profiled in this report
include LG Chem., Beacon Power, LLC, BYD Company
Ltd., ABB Ltd., and Greensmith Energy Management
Systems, Convergent Energy and Power Inc., Eos
Energy Storage, Seeo, Inc. and SC Electric
Company.  Other Prominent Market Players include
Scheider Electric, SMA Solar Technology AG, Exide
Industries Ltd., SK Holdings., Autobat SACI,
Enerbrax Acumuladores Ltda, Eguana Technologies,
Imergy Power Systems., Ionotec Ltd and so o
Energy Storage Systems Market Overview -
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Market Segmentation -
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• 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.

Energy Storage Systems Market key Benefits -
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• 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

Market key Findings -
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• Profiled Key Market Players-
• LG Chem.,
• ABB Ltd.,
• AES Energy Storage
• LLC, Beacon Power
• LLC, BYD Company Limited
• Convergent Energy and Power Inc.,
• Greensmith Energy Management Systems
• Eos Energy Storage
• Seeo Inc.,
• SC Electric Company.
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• https//www.alliedmarketresearch.com/request-sampl
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Profiled Key Market Players-
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