li-ion battery market for energy storage systems in the us 2015-2019
TRANSCRIPT
Covered in this Report
• The Li-ion battery market for ESS in the US has been segmented of the basis of technology and key leading states.
• Technavio's report, Li-ion Battery Market for ESS in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
• The report covers market landscape and its growth prospects in the coming years.
• The report also includes a discussion of the key vendors operating in this market.
Li-ion Battery Market for Energy Storage Systems in the US
2015-2019
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Market Overview• Energy storage is a mechanism of storing electricity
during the off-peak period and supplying the stored electricity during the on-peak period.
• An ESS stores the excess electricity, which can be utilized during power shortages, power blackouts, and peak hours of demand.
• Various technologies such as pumped-hydro storage systems, flywheels, advanced batteries (Li-ion), and other evolving technologies such as CAES are available for ESS. Li-ion batteries are increasingly being preferred because of their inherent advantages such as high dynamic charge acceptance, longer shelf life, reliability, and lower total cost of ownership.
• Technavio's analysts forecast the Li-ion battery market for ESS in the US to grow at a CAGR of 24.9% over the period 2014-2019.
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Energy Storage Systems in the US 2015-2019,
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Key Vendors and Regions
• A123 Systems
• Build Your Dream
• Kokam
• LG Chem
• Panasonice
• SAFT
• Samsung SDI
• AllCell Technologies
View Our Report: Li-ion Battery Market for Energy Storage Systems in the US 2015-2019
• US
Vendors Regions
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Key Findings
• Grid expansion planning and implementation by power utilities to meet increasing electricity loads has faced many challenges such as cyber-security, environmental sustainability, commercial viability, and resiliency.
• ESS plays a vital role in reducing or meeting these challenges by mitigating investment risks, and by providing high operational capability.
• ESS helps with the transmission and dispatch of electricity during the expansion phase while maintaining the quality and reliability of the electricity supplied through traditional and various renewable sources.
• Energy demand management is a growing issue, especially with the increased usage of renewable methods of energy generation.
• One of the major problems associated with renewable energy generation is the time gap between energy generation and energy consumption.
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Key Questions Answered in Our Report
• What will the market size be in 2019 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?
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Li-ion Battery Market for Energy Storage Systems in the US 2015-2019
166 Pages | SKU: IRTNTR6020
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