NEW YORK, Jan. 30, 2017 /PRNewswire/ -- The Global Advanced Energy Storage Systems Market is poised to grow at a CAGR of around 16.6% over the next decade to reach approximately $11.4 billion by 2025. Some of the prominent trends that the market is witnessing include growth in adoption of renewable energy; the current trend in the automotive sector is electric mobility, which creates the demand for the energy storage systems and growth in adoption of energy storage systems in transportation.
Based on Technology the market is categorized into thermal technology, mechanical systems, electrochemical systems, electrical systems, chemical systems, biological systems and other technologies. Depending on Application the market is categorized into transportation, grid storage, fuel production, fuel delivery, electricity generation, electricity delivery and management, automotive and other applications. Depending on the end users the market is segmented by utility, residential & non-residential, industrial, electric vehicles, buildings and other end users.
This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments
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