Research and Markets (http://www.researchandmarkets.com/research/7csmpt/global_energy)
has announced the addition of the "Global
Energy Storage Market for Microgrids 2015-2019" report to their
The global energy storage market for microgrids to grow at a CAGR of
27.8% over the period 2014-2019.
Global Energy Storage Market for Microgrids 2015-2019, has been prepared
based on an in-depth market analysis with inputs from industry experts.
The report covers the Americas, APAC, and EMEA; it also covers the
market landscape and its growth prospects in the coming years. The
report includes a discussion on the key vendors operating in this market.
Countries worldwide are continuously pushing for energy independence
and implemention of environmentally friendly technology. Governments
in many countries are supporting advanced battery development as a
part of national energy policies. Countries such as Japan and South
Korea are recognizing the importance of advanced battery technologies
as a key component to gain market competitiveness, and are providing
extensive support to the advanced battery industry.
According to the report, rapid industrial development, economic
growth, and the need for rural electrification have encouraged
policymakers to deploy microgrids and develop renewable distributed
energy generation techniques. The imperative to reduce greenhouse gas
emissions has created much scope for renewable installations in APAC.
Further, the report states that lead-acid batteries are composed of
sulfuric acid and an excess amount of lead. Lead is a highly toxic
metal that may cause many health hazards, especially in young children.
AES Energy Storage
Axion Power International
East Penn Manufacturing
For more information visit http://www.researchandmarkets.com/research/7csmpt/global_energy
View source version on businesswire.com: http://www.businesswire.com/news/home/20151116006033/en/
Copyright Business Wire 2015
Source: Business Wire
(November 16, 2015 - 10:54 AM EST)
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