Jan 22, 2019   SOURCE: BusinessWire

Global Energy Storage Market by Type, Application, Location of Deployment, and Geography (2019-2024) - ResearchAndMarkets.com

The "Energy Storage Market Size, Share - Segmented by Type (Pumped Storage, Lithium Ion, Flow Battery, Lead Acid Battery), By Application, Location of Deployment, and Geography - Growth, Trends and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering.

In 2017, globally, about 1,315 energy storage projects were operational, with 14 projects under construction. As of April 2017, global installed energy storage was around 176 GW. Currently, the market is highly concentrated in countries, like the United States, Germany, Japan, and Australia.

Lithium-ion batteries are expected to be the fastest-growing energy storage systems due to their high power and high-energy density. With ongoing R&D, storage technologies are expected to become more efficient and economically viable, and with growing emphasis on quality of power supply and smart grid infrastructure development, the market is expected to grow.

Key Highlights

  • Increasing Solar Power Consumption - Driving the Energy Storage Market
  • Europe - Potential Market
  • United States - Witnessing High Growth Rate

Companies Featured

Energy Storage System Vendors

  • JLM Energy
  • Peak NRG
  • Sunverge Energy Inc.
  • Bosch
  • Tesla Inc.
  • ABB
  • Sonnen GmbH
  • Tabuchi Electric

Energy Storage System Developers

  • SolarCity Corp.
  • SunPower Corporation
  • Stem
  • UGE International
  • ENGIE Storage Services NA
  • Sharp
  • Greensmith Energy

Battery Manufacturers

  • Samsung SDI Co. Ltd.
  • LG Chem Ltd.
  • Saft Groupe S.A.
  • Panasonic Corporation

Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation & Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Energy Storage Market Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/9zptt2/global_energy?w=4