Energy & Mining News

Most recent Update on Advanced Energy Storage Systems Market by Demand 2018-2025

Press Release
Global Advanced Energy Storage Systems Industry to reach USD 9.86 billion by 2025. Global Advanced Energy Storage Systems Industry markets valued approximately USD 3.44 billion in 2016 is anticipated to grow with a healthy growth rate of more than 12.44% over the forecast period 2017-2025. The major factor fueling the growth is the growing needs of utility-scale power generation, especially at peak hours. The advanced energy storage systems significantly decrease the need for utility-scale power generation plants thereby decreases the fixed cost.
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The objective of the study is to define Industry sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the Industry. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.

The major market players in Advanced Energy Storage Systems Industry are Alevo, LG Chem, AES Energy Storage, Maxwell Technologies Inc., Samsung SDI Co. Ltd., Kokam, Duke Energy and General Electronic. New product launches focus on continuous technology innovations, acquisitions, and effective mergers are some of the strategies adopted by the key manufacturers. The companies are also trying to dominate the Industry by investing in research and development.

The detailed segments and sub-segment of the Industry are explained below:

By Technology
Batteries
Flywheel
Thermal
Compressed Air
Molten Salt

By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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About Kenneth ResearchKenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation.

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