Researchmoz added Most up-to-date research on “Global Energy Storage Battery for Microgrids Market Insights, Forecast to 2025” to its huge collection of research reports.
This report presents the worldwide Energy Storage Battery for Microgrids market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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Energy storage battery for microgrids is an energy reservoir that can store electrical energy and supply energy when required. Such a battery system has the added advantage of matching generation to the time of use and enables peak-shaving applications. Battery-based energy storage is more environmentally-friendly than traditional diesel generators and significantly reduces the fuel and sizing needs for common backup generators. Even small amounts of energy storage can have a major impact on reducing fuel costs, maintenance and omissions of diesel or bio-diesel generators.
The global energy storage battery for microgrids industry mainly concentrates in EU, USA and Japan. The global leading players in this market are NGK Group, Samsung SDI, NEC, Panasonic, MHI and Toshiba etc., which accounts for 49.38% of total revenue in 2015. In China the market leaders are BYD, CALB and ATL.
The USA and China are the major consumer regions in global energy storage battery for microgrids market. The energy storage battery for microgrids is mainly used in household, enterprise, utility. The application market share of Utility is up to 87.68%.
Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of energy storage products at home and abroad, many companies began to enter the field. Currently, the Chinese energy storage battery for microgrids is not only begun to transit to renewable energy installations field, while still extend in the downstream industry chain.
The Energy Storage Battery for Microgrids market was valued at 190 Million US$ in 2017 and is projected to reach 340 Million US$ by 2025, at a CAGR of 7.5% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Energy Storage Battery for Microgrids.
The following manufacturers are covered in this report:
Eos Energy Storage
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Energy Storage Battery for Microgrids Breakdown Data by Type
VRLA Lead Acid
Energy Storage Battery for Microgrids Breakdown Data by Application
Energy Storage Battery for Microgrids Production by Region
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The study objectives are:
To analyze and research the global Energy Storage Battery for Microgrids status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Energy Storage Battery for Microgrids manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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