Energy Storage Battery for Microgrids Market Size, Market Trends and Future Forecasts To 2024 | Key Players – NGK Group , Samsung SDI , NEC , Panasonic , MHI , Toshiba , S&C Electric , Beacon Power , CALMAC , Saft , Sumitomo Electric

Energy storage battery for microgrids is an energy reservoir that can store electrical energy and supply energy when required. Such a battery system has the added advantage of matching generation to the time of use and enables peak-shaving applications. Battery-based energy storage is more environmentally-friendly than traditional diesel generators and significantly reduces the fuel and sizing needs for common backup generators. Even small amounts of energy storage can have a major impact on reducing fuel costs, maintenance and omissions of diesel or bio-diesel generators.

The global energy storage battery for microgrids industry mainly concentrates in EU, USA and Japan. The global leading players in this market are NGK Group, Samsung SDI, NEC, Panasonic, MHI and Toshiba etc., which accounts for 49.38% of total revenue in 2015. In China the market leaders are BYD, CALB and ATL. The USA and China are the major consumer regions in global energy storage battery for microgrids market. The energy storage battery for microgrids is mainly used in household, enterprise, utility. The application market share of Utility is up to 87.68%.

Major Key Players of the Energy Storage Battery for Microgrids Market are:
NGK Group , Samsung SDI , NEC , Panasonic , MHI , Toshiba , S&C Electric , Beacon Power , CALMAC , Saft , Sumitomo Electric , EnSync , Eos Energy Storage , OutBack Power , Younicos , BYD , CALB , ATL , Rongke Power , Shen-li High Tech , Meineng , Chilwee , Narada

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Scope of the Report:
- Currently, a major challenge affecting the market growth is the limitation of downstream market. As large demand of energy storage products at home and abroad, many companies began to enter the field. Currently, the Chinese energy storage battery for microgrids is not only begun to transit to renewable energy installations field, while still extend in the downstream industry chain.
- The worldwide market for Energy Storage Battery for Microgrids is expected to grow at a CAGR of roughly 8.7% over the next five years, will reach 320 million US$ in 2024, from 190 million US$ in 2019, according to a new GIR (Global Info Research) study.
- This report focuses on the Energy Storage Battery for Microgrids in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Major Types of Energy Storage Battery for Microgrids covered are:
Sodium-sulfur battery
VRLA Lead Acid
Lithium-ion
Others

Major Applications of Energy Storage Battery for Microgrids covered are:
Household
Enterprise
Utility

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The report is a combination of qualitative and quantitative analysis of the Energy Storage Battery for Microgrids industry. It provides market estimation and forecasting of the Energy Storage Battery for Microgrids market for the period of 2017 to 2025, considering 2017 as the base year and 2018-2025 as the forecast period. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.

Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Energy Storage Battery for Microgrids Market Size
2.2 Energy Storage Battery for Microgrids Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Energy Storage Battery for Microgrids Market Size by Manufacturers
3.2 Energy Storage Battery for Microgrids Key Players Head office and Area Served
3.3 Key Players Energy Storage Battery for Microgrids Product/Solution/Service
3.4 Date of Enter into Energy Storage Battery for Microgrids Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Energy Storage Battery for Microgrids Sales by Product
4.2 Global Energy Storage Battery for Microgrids Revenue by Product
4.3 Energy Storage Battery for Microgrids Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Energy Storage Battery for Microgrids Breakdown Data by End User

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In the end, Energy Storage Battery for Microgrids industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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Posted by on Friday March 22 2019, 3:20 AM EDT. All trademarks acknowledged. Filed under Clean Energy, Energy & Natural Resources, Energy Efficiency, Energy Storage, Featured Press Release, Manufacturing, Power, Technology Hardware & Equipment, Technology, Media, & Telecommunications, Utilities. Comments and Trackbacks closed. Follow responses: RSS 2.0

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