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Global Off-grid Energy Storage System Market Analysis and Forecasts 2016 to 2020

Wednesday, October 12, 2016 5:59
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(Before It's News) adds “Global Off-grid Energy Storage System Market 2016-2020” new report to its research database. The report spread across 73 pages with table and figures in it.

Research analysts forecast the global off-grid energy storage system market to grow at a CAGR of 6.657% during the period 2016-2020.

Off-grid power generation systems are generally used when there are capital limitations or the physical landscape makes it tough to have a grid connection. Off-grid energy storage systems are used in localities that are far away from populated areas or cities and not connected to any electricity grid. In these regions, despite the presence of independent power supply providers, electricity is not available 24/7 to consumers. This creates a demand for energy storage systems that aid in storing electricity for future use during power outages.

Browse full table of contents and data tables at

Covered in this report
The report covers the present scenario and the growth prospects of the global off-grid energy storage system market for 2016-2020. To calculate the market size, the report considers the revenue generated by the demand for energy storage for off-grid systems for application by end-users in each region and their corresponding key countries.

The market is divided into the following segments based on geography:

Research report, Global Off-Grid Energy Storage System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Request a sample copy at

Key vendors
 Aquion Energy
 Green Charge
 LG Chem
 NEC Energy Solutions
 NRG Energy

Other prominent vendors
 Amperex Technology
 Boston Power
 China Aviation Lithium Battery
 GE Energy Storage
 Mitsubishi Heavy Industries
 Primus Power
 Sumitomo Electric Industries
 Xtreme Power

Market driver
 Demand for energy storage as distributed generation
 For a full, detailed list, view our report

Market challenge
 Technological challenges related to batteries
 For a full, detailed list, view our report

Market trend
 Decline in cost of energy storage systems
 For a full, detailed list, view our report

Key questions answered in this report
 What will the market size be in 2020 and what will the growth rate be?
 What are the key market trends?
 What is driving this market?
 What are the challenges to market growth?
 Who are the key vendors in this market space?
 What are the market opportunities and threats faced by the key vendors?
 What are the strengths and weaknesses of the key vendors?

Enquiry before buying at

To receive personalized assistance write to us @ with the report title in the subject line along with your questions or call us at +1 866-764-2150

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