Global Grid-scale Energy Storage Market Size, Analysis, Share, Research, Growth, Trends, Report, Opportunities and Forecast 2012-2016
Research Beam adds a report titled “Global Grid-scale Energy Storage Market 2012-2016.” The report states that the global grid-scale energy storage market is expected to register a CAGR of 31.58% during the forecast period.
Grid energy storage refers to the storage of electricity or electric power distributed on a large scale within a single electrical power grid. It is used especially when the production from the power plants exceeds consumption. Grid energy storage is used to enable efficient and easy operation of a fuel based power plant. Grid energy storage provides the advantages of storing electricity for later use, stable pricing and emergency preparedness and many more.
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The growing need and demand to reduce power failures is the major factor driving the growth of the market. The major challenge faced by the global market is the reluctance of power utilities to upgrade systems in a power grid, which could hinder the growth of the market. However, the emerging trend for decentralized power generation would propel the growth of the market.
The report provides holistic information of the market dynamics for the global grid-scale energy storage market on the basis of various geographical regions such as EMEA, APAC and America. The report is a useful source of information, which would help the market investors to design their future manufacturing and marketing strategies.
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The report also profiles some of the major players from the global market such as A123 Systems LLC, ABB Group, Beacon Power LLC, Build Your Dream Co. Ltd., GE Energy LLC, Panasonic Corp., S&C Electric Co. Inc., Schneider Electric SA, Siemens AG, Toshiba International Corp. Pty Ltd., VYCON Inc., Xtreme Power Inc., Boston-Power Inc., EnerDel Inc., and ZBB Energy Corp.
Key questions answered in the report are:
• What will the market size be in 2016 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 bythe key vendors?
• What are the strengths and weaknesses of these key vendors?