According to the new market research report "Battery Energy Storage System Market
by Battery Type (Lithium-Ion, Advanced Lead Acid, Flow Batteries,,
& Sodium Sulfur), Connection Type (On-Grid and Off-Grid), Ownership,
Revenue Source, Application, And Geography - Global Forecast to 2022",
the battery energy storage system market is expected to reach USD 6.81
Billion by 2022, growing at a CAGR of 37.0% between 2016 and 2022.
Factors such as increasing demand for grid-connected solutions, growing
electric vehicle market, high requirement of lithium-ion batteries in
various applications, and government support are expected to boost the
growth of the battery energy storage system market.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=112809494
Browse 75 market data tables and 77 figures spread through 165 pages and in-depth TOC on “Battery Energy Storage System Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/battery-energy-storage-system-market-112809494.html
The battery energy storage system market was valued at USD 747.61 Million in 2015 and is expected to grow at a CAGR of 37.0% between 2016 and 2022. The base year used for the study is 2015 and the forecast period is between 2016 and 2022. This report provides a detailed analysis of the battery energy storage system market segmented on the basis of battery type, connection type, revenue source, ownership, application, and geography. The increasing demand for grid-connected solutions and growing electric vehicle market is expected to impact the market in the future.
The research methodology used to estimate and forecast the battery energy storage system market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below:
To know about the assumptions considered for the study, download the pdf brochure
The ecosystem of the battery energy storage system market includes the raw material provider and component manufacturer, battery energy storage system manufacturers, system integrators, and distributors. The key players in the market include ABB Ltd. (Switzerland), AEG Power Solutions (The Netherland), General Electric Co. (U.S.), Hitachi ltd (Japan), LG Chem. (South Korea), NEC Corporation (Japan), Panasonic Corporation (Japan), Samsung SDI Co., ltd. (South Korea), Siemens AG (Germany), and Tesla Motors Ltd. (U.S.) among others.
Key Target Audience:
Scope of the Report
The research report segments the battery energy storage system market into the following submarkets:
By Battery Type:
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=112809494
Browse 75 market data tables and 77 figures spread through 165 pages and in-depth TOC on “Battery Energy Storage System Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/battery-energy-storage-system-market-112809494.html
The battery energy storage system market was valued at USD 747.61 Million in 2015 and is expected to grow at a CAGR of 37.0% between 2016 and 2022. The base year used for the study is 2015 and the forecast period is between 2016 and 2022. This report provides a detailed analysis of the battery energy storage system market segmented on the basis of battery type, connection type, revenue source, ownership, application, and geography. The increasing demand for grid-connected solutions and growing electric vehicle market is expected to impact the market in the future.
The research methodology used to estimate and forecast the battery energy storage system market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market has been split into several segments and subsegments, which are then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. This data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary is depicted in the figure below:
To know about the assumptions considered for the study, download the pdf brochure
The ecosystem of the battery energy storage system market includes the raw material provider and component manufacturer, battery energy storage system manufacturers, system integrators, and distributors. The key players in the market include ABB Ltd. (Switzerland), AEG Power Solutions (The Netherland), General Electric Co. (U.S.), Hitachi ltd (Japan), LG Chem. (South Korea), NEC Corporation (Japan), Panasonic Corporation (Japan), Samsung SDI Co., ltd. (South Korea), Siemens AG (Germany), and Tesla Motors Ltd. (U.S.) among others.
Key Target Audience:
- Battery energy storage system developers
- Grid connected solution providers
- Research organizations
- Technology investors
- Technology standards organizations
- Associations, forums, and alliances related to battery energy storage system
- Government bodies such as regulating authorities and policy makers
Scope of the Report
The research report segments the battery energy storage system market into the following submarkets:
By Battery Type:
- Lithium-Ion Batteries
- Advanced Lead-Acid Batteries
- Flow Batteries
- Sodium-Sulfur (NAS) Batteries
- Others
- On-Grid
- Off-Grid
- Customer-Owned
- Utility-Owned
- Third-Party-Owned
- Hardware
- Software & Services
- Residential
- Non-Residential
- Utility
- Transportation
- Others
- Americas
- Europe
- Asia-Pacific
- Rest of the World
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com
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