Research and Markets: Global Li-ion Battery Market for ESS 2015-2019 - Increased Demand for Li-ion Batteries in Grid Energy Storage
Research and Markets (http://www.researchandmarkets.com/research/2hrppg/global_liion)
has announced the addition of the "Global
Li-ion Battery Market for ESS 2015-2019" report to their
The global Li-ion battery market for ESS to grow at a CAGR of 26% over
the period 2014-2019.
The report, Global Li-ion Battery Market for ESS 2015-2019, has been
prepared based on an in-depth market analysis with inputs from industry
experts. The report covers the Americas, APAC and the EMEA regions; it
also covers the landscape of global Li-ion battery market for ESS and
its growth prospects in the coming years. The report also includes a
discussion of the key vendors operating in this market.
Centralized power plants are located in remote locations to eliminate
the effects of the hazardous emissions they discharge. However, a
drawback of centralized power plants is the huge electricity loss that
takes place during transmission. This has led to the emergence of
decentralized power generation in the country. Most of these plants
generate power from renewable energy sources such as wind and solar.
These energy sources generate fewer harmful emissions compared to fossil
fuels, and can be located in residential areas. Losses due to
transmission are also small as these plants are located near consumers
and help generate power, storage of power, and load management. Thus,
the increasing generation of energy from decentralized plants will
propel the demand for ESS, thereby driving the demand for Li-ion
batteries in ESS.
According to the report, grid energy storage involves large-scale
storage of electricity in power grids. Over the past three to four
years, the demand for Li-ion batteries in grid energy storage has
increased to counter fluctuations in the electricity demand and supply.
Additionally, the growth in renewable energy production, especially in
wind and solar energy, has heightened the need for grid energy storage.
Further, the report states that the main constraint to the broad
adoption of Li-ion batteries in ESS is their high cost.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Introduction to Li-ion batteries
Part 06: Introduction
Part 07: Market landscape
Part 08: Market segmentation by ownership model
Part 09: Market segmentation by geography
Part 10: Market growth drivers
Part 11: Impact of drivers
Part 12: Market challenges
Part 13: Impact of drivers and challenges
Part 14: Market Trends
Part 15: Vendor landscape
Part 16: Key vendor profiles
Part 17: Other prominent vendor profiles
For more information visit http://www.researchandmarkets.com/research/2hrppg/global_liion
View source version on businesswire.com: http://www.businesswire.com/news/home/20151104005903/en/
Copyright Business Wire 2015
Source: Business Wire
(November 4, 2015 - 8:28 AM EST)
News by QuoteMedia