Advanced Energy Storage System Market by Technology (Electro Chemical Storage, Mechanical Storage, and Thermal Storage) and by Application (Transportation and Grid Storage): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 - 2024

Global advanced energy storage system market expected to generate revenue of around USD 22.4 million by the end of 2024, growing at a CAGR of around 9.03% between 2018 and 2024. In recent years, the demand for electricity has increased rapidly. Therefore, energy storage systems are used to enable utilities to match the present capacity with variable demand and offer secure, consistent, and affordable services.

24-Jul-2018 | Number of pages: 110 | Report Code: ZMR-2983 | Report Format : | Status : Published

Abstract

The report covers forecast and analysis for the advanced energy storage system market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the advanced energy storage system market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the advanced energy storage system market on a global level.

In order to give the users of this report a comprehensive view of the advanced energy storage system market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the technology and the application segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Advanced Energy Storage System Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, technology portfolio of various companies according to the region.

The study provides a decisive view on the advanced energy storage system market by segmenting the market based on technology, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for advanced energy storage system market based on all segments in all the regions and countries.

The report also includes detailed profiles of end players such as LG Chem, Ltd., ABB Ltd., GS Yuasa Corporation, Samsung SDI Co., Ltd., General Electric Company, Saft Groupe S.A., Hitachi, Ltd., Siemens AG, Tesla, Inc., and Panasonic Corporation.

This report segments the global advanced energy storage system market as follows:

Advanced Energy Storage System Market: Technology Segment Analysis

  • Electro-Chemical Storage
  • Mechanical Storage
  • Thermal Storage

Advanced Energy Storage System Market: Application Segment Analysis

  • Transportation
  • Grid Storage

Advanced Energy Storage System Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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