Energy and Power

Global Battery Energy Storage Systems for Smart Grid 2016-2020

  • TEC612800
  • 77 Pages
  • June 2016
  • Energy and Power
About the Battery Energy Storage Market for Smart Grid

The suppression or filtering of electromagnetic noise in connectors can be achieved by adding diodes and capacitors to separate interfering high-voltage or high-frequency noise from the desired lower frequency signals. These connectors are called filtered connectors and have been used in the industry for more than three decades to provide cost- and space-effective solutions to EMI problems. They can be used in multiple applications such as satellites, avionics systems, communications, missiles, consumer electronics, and medical instruments.

With growth in population and increasing urbanization, there has been an increase in power consumption. Excess power consumption has led to power outages in many countries and has also resulted in heavy loads during peak hours. One of the reasons for power outages is the massive loss of electricity during its transmission and distribution from the power plants. The use of smart grid storage technologies enables reduction of such losses and improves the efficiency of power plants.

Technavios analysts forecast the global battery energy storage market for smart grid to grow at a CAGR of 72.91% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global battery energy storage market for smart grid for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of battery energy storage for smart grid globally. The report does not include revenue generated from the aftermarket service of the product.

The market is divided into the following segments based on geography:
America
APAC
EMEA
Technavio's report, Global Battery Energy Storage Market for Smart Grid 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market.

Key vendors
Siemens
ABB
Samsung SDI
GE-Alstom
A123
Bosch
BYD

Other prominent vendors
AES Energy Storage
LG Chem
Saft
Axion Power International
Solar Grid Storage

Market driver
Greater need for energy storage as distributed generation
For a full, detailed list, view our report

Market challenge
High installation costs
For a full, detailed list, view our report

Market trend
Grid modernization
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.



Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

World Fault Current Limiter Market - Opportunities and Forecasts, 2014 - 2020

Fault current limiter (FCL) minimizes the occurrence of fault currents and is a vital protection component in modern T&D networks to function properly. Growing concerns for reliable & efficient power supply ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World High Voltage Capacitors Market - Opportunities and Forecasts, 2014 - 2020

High Voltage (HV) capacitors consists of TRV capacitors, grading capacitors, coupling capacitors others, which serve various applications such as in power generation & distribution. Enhanced and modern grid infrastructure in order ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World Subsea Systems Market - Opportunities and Forecasts, 2014 - 2020

Subsea systems consists of ideal solutions for great oil recovery in maturing offshore wells by offering cost effective, and maintain the stability of offshore basins. Subsea processing systems comprise subsea ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World DC Drives Market - Opportunities and Forecasts, 2014 - 2020

DC drive is defined as an electric device, which is used for controlling the speed of DC motors by adjusting the input voltage or amperage or both. Reduction in operational ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World Screw Compressor Market - Opportunities and Forecasts, 2014 - 2020

Screw compressors consists of two helical rotors which are used in compressing external air to a set pressure, ensuring dry, clean, and compressed air.

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

World AC Drives Market - Opportunities and Forecasts, 2014 - 2020

Alternate Current (AC) drives are electronic devices that control the speed & torque of an electric motor by alternating parameters such as voltage, frequency & magnetic flux. Optimizing energy consumption ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

2017 © Copyright Big Market Research

View Pricing >>