Advanced Energy Storage System Market - Global Industry Analysis
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
Published Date: 24-Jul-2018Energy & Mining
Category: Report Format : PDF
Report Code: ZMR-2983
Status : Published
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.