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Global Energy Storage Market Size, Share, Development, Growth and Demand Forecast to 2022 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Global
Energy Storage Market Size, Share, Development, Growth and Demand
Forecast to 2022”
report has been added to Research and
Markets’
offering.

Market Dynamics

The global market for energy storage is expected to witness a CAGR of
46.3% during the forecast period due to the increasing number of energy
storage projects and growing adoption of clean renewable sources of
energy for power generation.

Additionally, the growing adoption of energy storage in various end-user
industries for grid and off-grid applications have led to the growth of
global energy storage market.

Trends

The key trend observed in the global energy storage market is the
federal policy support for energy storage. Governments of various
nations are focusing on implementing policies for supporting the growth
in the energy storage market for exploiting its commercial potential.

Growth Drivers

The factors driving the growth of energy storage market are progress in
renewable energy power generation, rapidly increasing grid scale energy
storage market, drop in prices of lithium-ion batteries and growing
application of energy storage in various end-user industries.

As of 2015, over 118 nations worldwide took the initiative of generating
power through renewable energy sources and its storage in a
cost-efficient manner.

Growth Restraints

The major factor hindering the growth of the global energy storage
market includes unclear regulatory framework. There is an unclear
regulatory framework either at the EU level or at the UK level would
hinder the development of energy storage.

Competitive Landscape

Key Topics Covered:

1. Research Scope And Methodology

2. Executive Summary

3. Market Outlook

4. Global Energy Storage Market Size And Forecast (2012 – 2022)

5. Global Energy Storage Market, By Geography

6. Competitive Analysis

7. Company Profiles

  • Tesla Motors, Inc.
  • Agl Energy Limited
  • Abb Ltd.
  • General Electric Company
  • Johnson Controls International Plc
  • The Aes Corporation
  • Robert Bosch Gmbh
  • Lg Chem, Ltd.
  • Maxwell Technologies, Inc.

8. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/dpm4f5/global_energy

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Related
Topics: Energy
Storage