Global Electrical Energy Storage (EES) Industry Report 2016 - Forecasts to 2020 With Focus on China - Research and Markets

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Aug 25, 2016, 08:10 ET

DUBLIN, August 25, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global and China Electrical Energy Storage (EES) Industry Report, 2016-2020" report to their offering.

Energy storage finds widespread application in power system, involving power generation, transmission, distribution, and end users. Global cumulative installed capacity of electrical energy storage (EES) (excluding pumped hydro storage, compressed air energy storage and thermal storage) has grown at a CAGR of 18% over the past five years, hitting 946.8MW in 2015. The United States and Japan are leaders by installed capacity of EES, together holding 78% shares.

In 2015, lithium-ion battery and sodium-sulfur battery dominate the world's installed capacity of EES, making up 38% and 36%, respectively; renewable energy grid integration and frequency regulation auxiliary services are two main applications, accounting for 43% and 22%, respectively.

Asia, particularly South Korea and Japan, is the home to the enterprises with larger installed capacity of EES. In 2015, the world's top5 enterprises (by installed capacity of EES) were LG Chem, NEC, NGK, Toshiba, and Samsung SDI.

In 2015, China's installed capacity of EES (excluding pumped hydro storage, compressed air energy storage, and thermal storage) accounted for about 11% of the world's total, at a CAGR of 110% over the past five years. Unlike foreign countries, China attaches great importance to lithium-ion battery technology which shares 66% of China's total installed capacity of EES. Two major applications are distributed generation µgrid (56%) and renewable energy grid integration (35%).

In 2015, most of top 10 Chinese enterprises with the largest installed capacity of EES employed lithium-ion battery technology. The first five enterprises were BYD, Dalian Rongke Power, Wanxiang, Zhejiang Narada Power Source, and China Aviation Lithium Battery, seizing a combined 63% share.

Key Topics Covered:

1 Overview of EES

2 Global EES Industry

3 EES Industry in China

4 Market Segments of EES

5 Upstream Raw Materials of EES

6 Applications of EES

7 Major Global Energy Storage Enterprises

8 Major Chinese Energy Storage Enterprises

9 Summary and Forecast

Companies Mentioned

  • Altairnano Technologies
  • Axion Power
  • BYD
  • Beacon power
  • China Aviation Lithium Battery Co., Ltd.
  • Dalian Rongke Power Co., Ltd.
  • Fengfan Co., Ltd.
  • GE
  • LG Chem
  • Maxwell Technologies
  • Prudent Energy
  • RAY Power
  • Shandong Realforce Enterprises Co., Ltd.
  • Shandong Sacred Sun Power Source Co., Ltd.
  • Shanghai Electric Co., Ltd
  • Shenzhen Clou Electronics Co., Ltd.
  • Shenzhen Inovance Technology Co., Ltd.
  • Sungrow Power Supply Co., Ltd.
  • Sunwoda Electronic Co., Ltd.
  • Zhejiang Narada Power Source Co., Ltd.
  • Zhongtian Technology Co., Ltd.

For more information about this report visit http://www.researchandmarkets.com/research/5w9kdf/global_and_china

Related Topics: Energy Storage

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