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Energy Storage Systems Market: Global Opportunity Analysis and Industry Forecast to 2022

Friday, November 18, 2016 3:54
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Systems that can efficiently and conveniently store various forms of energy such as electrochemical, mechanical and so on are called as energy storage systems. One of te familiar example that is part of these systems are lithium ion batteries that are used in electric vehicles.

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Asia-Pacific dominates the entire energy storage systems market in 2015 with China being the super power. The region is flanked with established manufacturing brands for battery storage systems, such as Toshiba Corporation, LG Chem, BYD Company, and few others. Although the prices of batteries experience a decline worldwide, the market for battery storage grows rapidly. This further strengthens Asia’s hold over the worldwide energy systems market. et. Technological innovation in the battery storage systems marks the key trend in the Asia-Pacific market for energy storage systems. As the major battery manufacturers are located in the Asian countries, focused R&D to create developments in the already existing product portfolio for energy storage systems marks a trend in the Asian market for energy storage systems. Followed by Asia, Europe and North America holds a strong presence in the energy storage systems market.

MARKET PLAYERS IN VALUE CHAIN

LG Chem.

ABB Ltd. 

AES Energy Storage, LLC

Beacon Power, LLC

BYD Company Limited

Convergent Energy and Power Inc.

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Table of Content:

CHAPTER 1. INTRODUCTION

CHAPTER 2. EXECUTIVE SUMMARY

CHAPTER 3. MARKET OVERVIEW

CHAPTER 4. WORLD ENERGY STORAGE SYSTEMS MARKET, BY TECHNOLOGY

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