Global Advanced Energy Storage Systems Market 2018-2022
- Published: Jul 2018
- Pages: 119
- SKU: IRTNTR23487
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The global advanced energy storage systems market size will grow by 2,796.10 MW during 2018-2022. This industry research report provides a detailed analysis of the market based on technology (thermal energy storage, electrochemical energy storage, and others) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several advanced energy storage systems manufacturers including BYD, Fluence, Kokam, NEC, SAMSUNG SDI, and Toshiba.
Below are some of the key findings from this advanced energy storage systems market analysis report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global advanced energy storage systems industry overview
The government initiatives to promote advanced energy storage is the main driving factor for the growth of the advanced energy storage systems market. The need for switching to more efficient, reliable, and less polluting energy sources has grown to achieve a cleaner economy. As the cost of adoption of renewable resources is high, several countries are offering purchase incentives and subsidies to ease the adoption of renewable sources of energy. Also, electricity grids require constant adjustments to the supply for predictable changes due to equipment overloads or force majeure activities. These factors make it compulsory for energy storage systems to create a balanced and reliable grid system. Thus, the government initiatives to promote advanced energy storage is driving the market growth at a CAGR of more than 8% during the forecast period.
Top advanced energy storage systems companies covered in this report
The global advanced energy storage systems market is moderately concentrated. The market is in the initial stage of growth, and the competition is expected to become less intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this advanced energy storage systems market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading companies, including:
- SAMSUNG SDI
Advanced energy storage systems market segmentation based on technology
- Thermal energy storage
- Electrochemical energy storage
Thermal energy storage was the dominating technology of the global advanced energy storage systems market in 2017. The market share of this segment will continue to dominate the market throughout the next five years.
Advanced energy storage systems market segmentation based on region
- The Americas
EMEA accounted for the largest advanced energy storage systems market share in 2017. This region will remain the market leader for the next five years.
Key highlights of the global advanced energy storage systems market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the advanced energy storage systems market during the next five years
- Precise estimation of the global advanced energy storage systems market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the advanced energy storage systems industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of advanced energy storage systems companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCE ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
- Segmentation by technology
- Comparison by technology
- Thermal energy storage – Market size and forecast 2017-2022
- Electrochemical energy storage – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by technology
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increased adoption of microgrids
- Reduced electrochemical storage system costs
- Rising number of vendors and collaborations
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- SAMSUNG SDI
PART 15: APPENDIX
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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