World Next-Gen Energy Storage Systems Market to Post 9.4% CAGR, Says Stratistics Market Research Consulting in Its Report Published at MarketPublisher12 May 2016 • by Natalie Aster
LONDON – Through to 2022, the worldwide market for next generation energy storage systems is projected to record 9.4% CAGR. The surging demand for green energy sources, developments in the installation energy systems on the grid and an increase in construction activity are some of the main factors stimulating the growth in the sector. Furthermore, a hike in the demand for electric drive vehicles is playing a great part in the expansion of the next-gen energy storage marketplace. Meantime, environmental problems and increased capital investments represent the major factors inhibiting the sector’s growth.
Extensive use of energy storage systems in transportation applications is gaining tremendous traction owing to its storage systems. With policies pertaining to electric drive vehicles being quite favourable, Europe has captured the lion’s share in the market, with USA following after. In the foreseeable future, APAC is anticipated to show high rates of growth in regard to advances in energy storage.
Leidos Engineering, LLC., Beckett Energy Systems, Seeo, Inc., Enersys, ZBB Energy Corporation, FlexGen Power Systems, Sanyo SA, Valence Technology, Inc., S&C Electric Company, Eos Energy Storage, SB LiMotive Germany GmbH, Energ2, Inc., and LG Chem Ltd. are amid the world’s most prominent players in the marketplace.
Insightful report “Next Generation Energy Storage Systems - Global Market Outlook (2015-2022)” drawn up by Stratistics Market Research Consulting examines the historical evolution of, and the actual situation in the market, segmented based on device, application and geography. It assesses the market shares for the leading regions and countries; contains market share data with respect to the leading industry participants; offers strategic recommendations for the new market entrants. The study provides extensive market forecasts to 2022 for the market segments and sub segments and the top regional marketplaces. The publication evaluates the market trends, drivers, restraints, challenges, threats, investment opportunities, etc. It also sheds light on the competitive landscape and includes company profiles of the top players detailing their financials, strategies, and recent developments. Furthermore, trends in the supply chain elucidating the most recent technological developments are examined, too.
More reports by the publisher can be found at Stratistics Market Research Consulting page.