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Energy Storage Systems Market Size Study, by Technology (Pumped Hydro Storage, CAES, Sodium Sulfuric, Lithium Ion, Lead Acid, Nickel Cadmium, Flywheel, Redox-Flow) by Application (Grid Storage, Transportation) by End-Use (Residential, Non-Residential, Utility)- Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global Energy Storage Systems Industry valued approximately USD 174 million in 2016 is anticipated to grow with a healthy growth rate of more than 6 % over the forecast period 2019-2025. Key factors that drive the Industry growth of energy storage systems are growing adoption in transportation and software integration for management of energy storage systems and growth in renewable energy adoption. However technical challenges and high cost are restraining the Industry growth.
Energy Storage System is equipment, which conveniently and efficiently store various forms of energy which can be utilized as per the requirement, example lithium ion batteries. These are undergoing for constant technological development which overcome the traditional barriers for continuous supply of energy. Furthermore, rising focus on production of renewable is due to growing energy consumption across the globe.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Energy Storage Systems Industry Share and Size by 2019-2025
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Energy Storage Systems Market Segmentation:
By Technology:
* Pumped Hydr - Storage
* Compressed Air Energy Storage (CAES)
* Sodium Sulfuric
* Lithium Ion
* Lead Acid
* Nickel Cadmium
* Flywheel
* Redox-Flow

By Application:
* Grid Storage
* Transportation

By End-Use:
* Residential
* Non-Residential
* Utility

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Energy Storage Systems Market are as follows:
ABB Ltd.
AES Energy Storage, LLC
Beacon Power, LLC
BYD Company Limited
Covergent Energy & Power Inc.
Greensmith Energy & Power Inc.
EOS Energy Storage
Seeo, Inc.
S&C Electric Company

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