Energy Storage

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June 25, 2016 | 66 Pages | SKU: IRTNTR8307

Market outlook of the grid scale energy storage market

Technavio’s research analyst predicts the global grid scale energy storage market to grow steadily at a CAGR of around 34% during the forecast period. Fossil fuels, the most extensively consumed power source, are exhaustible. The deficit between the demand and the availability of energy is increasingly getting addressed by these storage systems. Given these factors, the market is expected...

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May 31, 2016 | 46 Pages | SKU: IRTNTR8769

Outlook of the global forklift battery market

Technavio’s market research analyst has estimated the global forklift battery market to grow at a CAGR of over 8% by 2020. The augmented usage of forklifts across a wide array of end-user industries will be the key growth driver for this market. The end users for battery-powered forklifts are retail and wholesale, logistics, mechanical or automotive, food and beverages, chemical, and timber or paper and print...

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May 10, 2016 | 68 Pages | SKU: IRTNTR9212

Overview of the battery monitoring solutions market

Technavio’s market research analyst predicts the global battery monitoring solutions market to grow at a CAGR of around 23% by 2020. One of the primary growth drivers for this market is the growing usage of electric vehicles (EVs). The technological advances in EVs have necessitated the adoption of battery monitoring systems to maintain safe operations of batteries in these electric-powered vehicles. The battery...

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March 01, 2016 | 92 Pages | SKU: IRTNTR7165

Market outlook of the global battery market for energy storage in telecom

The need to overcome the high operational and maintenance costs drives the battery market for energy storage in telecom. The need for reducing the diesel consumption by increasing the number of renewable installations to power telecom towers are expected to help the market grow at a CAGR of more than 10% in the next four years.

Globally, the...

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February 17, 2016 | 63 Pages | SKU: IRTNTR8639

Market overview of DFMC

Technavio’s market research analyst predicts the global DFMC market to grow at a CAGR of more than 40% during the forecast period. The rising need to save energy and high adoption of green technology in many countries are the major drivers contributing to the growth of the global DMFC market. At present, governments worldwide are taking several initiatives, in terms of investments, R&D, and commercialization, to increase energy...

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February 10, 2016 | 50 Pages | SKU: IRTNTR8640

Overview of the global flow battery market

A flow battery is a rechargeable electrochemical energy storage system that converts the chemical energy stored in the battery into electrical energy. It is suitable for providing backup power to large-scale application systems like grid-scale power systems. The global market for flow batteries is expected to witness steady growth during the forecast period, and the prospects for its growth will be driven by the rising...

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February 10, 2016 | 71 Pages | SKU: IRTNTR8716

Overview of the global solid oxide fuel cell market

A solid oxide fuel cell, or SOFC, is a fuel cell that produces electricity through an electrochemical process and offers benefits like low emissions, long-term stability, high efficiency, and fuel flexibility.  Its flexibility in the usage of fuels is a critical factor that will spur the prospects for market growth until 2020. Due to their high operating temperature of 800°C to 1,000°C, SOFCs are capable of...

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January 27, 2016 | 107 Pages | SKU: IRTNTR7553

Market outlook of the global rechargeable battery market

The global market for rechargeable batteries is expected to grow at a steady pace during the forecast period and is positively influenced by factors like the growing demand for lead-acid battery replacement from automotive industries across the globe. These factors propel the prospects for growth in this market during the forecast period and results in its impressive...

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January 27, 2016 | 48 Pages | SKU: IRTNTR8287

Market outlook of flywheel energy storage

Technavio’s market research analyst predicts the global flywheel energy storage market to grow steadily at a CAGR of almost 20% during the forecast period. The increasing use of flywheel in the utility sector is one of the primary growth drivers for the market. Flywheel technology responds to control signals promptly and can be 100 times quicker than traditional generation sources. Thus, flywheel energy...

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December 09, 2015 | 73 Pages | SKU: IRTNTR8164

Market outlook of the global advanced energy storage systems market

Technavio’s research analyst predicts the global advanced energy storage systems market to grow steadily at a CAGR of close to 14% during the forecast period. Energy storage technology is used to store surplus electricity that can be utilized during power shortages, blackouts, and peak hours of demand. The growing demand for electricity worldwide coupled with an imminent need to reduce the demand...

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November 11, 2015 | 64 Pages | SKU: IRTNTR7551

Market outlook of the global off-grid energy storage market

Energy storage systems are used to store excess electricity that can be utilized during power shortages, blackouts, and peak hours of demand. The global market for off-grid energy storage is driven by the need to maintain off-grid issues like grid stability, grid flexibility, and frequency regulation. These factors promote growth in this market during the forecast...

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November 04, 2015 | 77 Pages | SKU: IRTNTR7543

Market outlook of the global battery market for solar PV inverters

Technavio’s market research analyst has estimated factors like the rising market competition and growing supply chain efficiency to bolster market growth during the forecast period. These factors help the global battery market for solar PV inverters to grow at a rapid rate during the forecast period and results in its impressive CAGR of nearly 19% by 2019....

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