U.S. Li-ion Battery Market for Energy Storage Systems - Analysis & Forecasts 2018-2022, With a Projected CAGR of 34.08% - ResearchAndMarkets.com
The "Li-ion
Battery Market for Energy Storage Systems in the US 2018-2022"
report has been added to ResearchAndMarkets.com's
offering.
The analysts forecast the Li-ion Battery Market for Energy Storage
Systems in the US to grow at a CAGR of 34.08% during the period
2018-2022.
Li-ion battery for energy storage systems offer high energy density and
long cycle life for applications such as energy storage systems for
telecom towers and renewable energy integration.
The development of zero energy buildings will be a key trend driving
market growth. The construction industry focuses on the issue of
increasing power consumption of buildings by constructing net-zero
energy buildings. These buildings consume the same amount of power as
generated, using special construction materials and designs to increase
building efficiency.
The lead pollution and stringent laws will drive the market growth.
Increasing demand for lead acid batteries is driving the demand and
production of these batteries. However, this results in significant
environmental concerns over lead pollution due to the use of toxic
materials in the batteries. Also, the improper disposal of lead
components of the lead acid battery technology is driving the adoption
of Li-ion battery technology.
The report states that the competition from fossil fuels will impact the
market growth. In countries with abundant coal reserves, governments
prefer coal over cleaner renewable alternatives such as solar and wind
power for electricity generation. Similarly, several emerging economies
are unable to increase their wind power generation, but the high cost
and lack of investments restrict the generation of wind power.
Companies Mentioned
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BYD Company
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Kokam
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LG Chem
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Panasonic
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SAMSUNG SDI
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TOSHIBA
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Customer Landscape
8: Market Segmentation By End-User
9: Decision Framework
10: Drivers And Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/6x6vn9/u_s_liion?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180705005234/en/
Copyright Business Wire 2018
Source: Business Wire
(July 5, 2018 - 8:03 AM EDT)
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