Global Battery Market for ESS 2015-2019 - Li-ion batteries and sodium-sulphur batteries for storage of solar energy is a Key Market Trend

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Research and Markets

28 Oct, 2015, 05:10 ET

DUBLIN, Oct. 28, 2015 /PRNewswire/ --

Research and Markets(http://www.researchandmarkets.com/research/r2gzqr/global_battery) has announced the addition of the "Global Battery Market for ESS 2015-2019" report to their offering.

Covered in this Report

The report covers the present scenario and growth prospects of the global battery market for ESS for 2015-2019. The market has been segmented on the basis of geography and technology.

Countries worldwide are exhibiting an increased level of interest in reducing emission levels through the promotion of clean energy initiatives. Therefore, the adoption of solar and wind energy storage, as well as other viable alternatives to fossil-fuel power generation paradigms, has seen a steep climb globally. Battery energy storage in renewables such as wind and solar energy is considered a major alternative for conventional fossil-fuel installations. The shift toward solar energy storage is helping countries reduce their fossil-fuel import costs. Initially, solar installations were equipped with lead-acid batteries as backup power systems.

According to the report, the increasing growth in smart-grid technologies has given rise to the need for grid stability, flexibility, and management of electricity within grids by adopting battery energy storage. As countries plan to increase the share of renewable generation in their overall power mix, the need for grid stability is prompting grid operators to adopt battery energy storage paradigms.

Key vendors

  • A123 Systems
  • AES Energy Storage
  • Axion Power International
  • BYD
  • LG Chem
  • NGK Insulators
  • Saft
  • Samsung SDI

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Key leading countries

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

PART 16: Key vendor profiles

PART 17: Other prominent vendor profiles

PART 18: Appendix

For more information visit http://www.researchandmarkets.com/research/r2gzqr/global_battery

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets

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