Global Energy Storage Systems Markets (2018-2024) Featuring ABB, Siemens, Panasonic, LG Chem, Samsung SDI, General Electric, Hitachi, Tesla, and more - ResearchAndMarkets.com
The "Energy
Storage Systems Market: Global Industry Analysis, Trends, Market Size
and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's
offering.
The report predicts the global energy storage systems market to grow
with a CAGR of 5.5% over the forecast period of 2018-2024.
The adoption of renewable energy across the world is growing very
rapidly that is driving the energy storage system market worldwide. The
rising consumer's interest towards the use of on-demand energy source is
likely to boosts the growth of the energy storage system market. In
addition, use of the software's to manage the energy storage system is
expected to contribute to the growth of the energy storage system market.
However, the initial high set-up cost of energy storage system is
expected to hamper the growth of the energy storage system. Moreover,
rising adoption of energy storage system across various industries is
expected to create several opportunities for the energy storage system
market in the upcoming market.
Asia Pacific is the largest and fastest growing region in the energy
storage system market owing to increased use of renewable energy sources
such as solar energy and wind energy. Also, government regulation and
incentives to use renewable source of energy and increased the sales of
electric vehicles in this region to facilitate growth in the Asia
Pacific region. Moreover, China accounts for the major market share in
term of production of batteries that is likely to drive the growth of
the energy storage system market in this region.
Companies Profiled
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ABB
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Siemens
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Panasonic
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LG Chem
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Samsung SDI
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General Electric
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Hitachi
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Tesla
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General Electric Company
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Maxwell Technologies, Inc.
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NEC Corporation
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and more...
Key Topics Covered
1. Preface
2. Executive Summary
3. Global Energy Storage Systems Market Overview
4. Energy Storage Systems Market Macro Indicator Analysis
5. Global Energy Storage Systems Market by Technology
6. Global Energy Storage Systems Market by End-User
7. Global Energy Storage Systems Market by Region 2018-2024
8. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/l5k8vj/global_energy?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180921005134/en/
Copyright Business Wire 2018
Source: Business Wire
(September 21, 2018 - 5:10 AM EDT)
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