Energy storage is a mechanism for storing electricity during an off-peak period and supplying the stored electricity during an on-peak period. An energy storage system stores the excess electricity, which can be utilized during power shortages, power blackouts, and peak hours of demand. Various technologies such as li-ion, lead-acid, sodium-sulfur, and other advanced battery technologies are available for energy storage. Lead-acid batteries are increasingly being preferred for energy storage because of their inherent advantages such as high dynamic charge acceptance, longer shelf life, reliability, and lower total cost of ownership.
Technavio's analysts forecast the global battery energy storage market for renewables to grow at a CAGR of 65.7% over the period 2015-2019.
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Covered in this report
The report covers the present scenario and the growth prospects of the global battery energy storage market for renewables for the period 2015-2019. The market has been segmented on the basis of geography and battery technology.
Technavio's report, Global Battery Energy Storage Market for Renewables 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers he 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.
AES Energy Storage
Axion Power International
Table Of Content
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by battery technology
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
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PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
Other prominent vendors
PART 14: Key vendor analysis
PART 15: Appendix
List of abbreviation
PART 16: Explore Technavio
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