Advanced Energy Storage Systems Market is Projected to Grow at a CAGR of 4.4% During the Forecast Period to Reach a Value of USD 15.9 Million by 2020

Dec 11, 2015, 02:45 ET from Research and Markets

DUBLIN, December 11, 2015 /PRNewswire/ --

Research and Markets ( has announced the addition of the "Advanced Energy Storage Systems Market - Global Forecast to 2020" report to their offering. 


Advanced energy storage systems market is projected to grow at a CAGR of 4.4% during the forecast period to reach a value of USD 15.9 Million by 2020. The growth is attributed to energy arbitrage opportunities, increase in renewable energy installations, and growth of the electric vehicles market across the globe. 

Asia-Pacific was the leading market for energy storage systems in 2014, with the help of renowned domestic players in the region. The region is currently focusing on energy secured future, thereby implementing energy storage systems for enhanced grid reliability and also on sustainable development by introducing new renewable energy installations in the region. China is projected to grow at the highest CAGR of 5.7% during the forecast period. 

Why buy this report?  

  1. The report identifies and addresses key markets for energy storage systems, which is useful for suppliers and OEMs to review production and distribution plans.
  2. The report includes analysis for key countries by technology type of energy storage systems, namely, Lithium ion battery, Pumped Hydro Storage, NaS battery, CAES, Flow battery, Supercapacitors, and Others. It analyzes historical trends and also forecast for 2020, assisting in strategic decision making.
  3. It also presents competition by analysing recent market developments such as key contracts, expansions, and new product launches from the key global market players. It helps understand the competition strategies and plan respective initiatives.

Key Topics Covered: 

1 Introduction 

2 Research Methodology 

3 Executive Summary 

4 Premium Insights

5 Market Overview 

6 Advanced Energy Storage Systems Market, By Application

7 Advanced Energy Storage Systems Market, By Technology 

8 Advanced Energy Storage Systems Market, By End-User

9 Advanced Energy Storage Systems Market, By Region 

10 Competitive Landscape 

11 Company Profiles 

  • A123 Systems
  • Abb Limited
  • Beacon Power Llc.
  • Byd Company Ltd.
  • Calmac Manufacturing Corp.
  • China Bak Batteries, Inc.
  • Enersys
  • Exide Technologies
  • GS Yuasa Corporation
  • Hitachi Ltd.
  • Maxwell Technologies Inc.
  • NGK Insulators Ltd.
  • Nippon Chemi-Con Corporation
  • Saft
  • Samsung SDI, Co., Ltd.
  • Toshiba Corporation

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Media Contact:
Laura Wood

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