Global Advanced Energy Storage Systems Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 8.48% - ResearchAndMarkets.com
The "Global
Advanced Energy Storage Systems Market 2018-2022" report has
been added to ResearchAndMarkets.com's offering.
The analysts forecast the global advanced energy storage systems market
to grow at a CAGR of 8.48% during the period 2018-2022.
Advanced energy storage technologies are used to store excess
electricity that can be utilized during blackouts, power shortages, and
peak hours of demand. This excess electricity is supplied to
end-customers when energy demand exceeds generation. Advanced energy
storage plays an important role in storing electrical energy and helps
the consumers manage their energy in real-time.
One trend in the market is increased adoption of microgrids. A microgrid
is a small-scale power grid that has its own generation and storage
resources and definable boundaries. Microgrids can operate independently
or collaboratively with other small power grids.
One driver in the market is government initiatives to promote advanced
energy storage. Electricity grids require constant adjustments to the
supply for predictable changes in demand as well as unexpected changes
due to equipment overloads or force majeure activities. These factors
make it compulsory for energy storage systems to create a balanced and
reliable grid system.
The report states that one challenge in the market is widening lithium
demand-supply gap. Until recent days, Li-ion batteries were primarily
used for their applications in portable electronics. From the past few
years, Li-ion batteries are rapidly being used as advanced energy
storage systems. Li-ion batteries constitute around two-thirds of the
total electrochemical energy storage.
Companies Mentioned
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BYD
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Fluence
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Kokam
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NEC
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SAMSUNG SDI
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Toshiba
Key Topics Covered:
01. Executive Summary
02. Scope Of The Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Force Analysis
07. Market Segmentation By Technology
08. Customer Landscape
09. Regional Landscape
10. Decision Framework
11. Drivers And Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
15. Appendix
For more information about this report visit https://www.researchandmarkets.com/research/lxtdzs/global_advanced?w=4
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Copyright Business Wire 2018
Source: Business Wire
(August 2, 2018 - 10:41 AM EDT)
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