Energy & Green Renewable Technology Market News

Lithium ion battery market for ESS in APAC market expected to grow at CAGR 17.3% to 2019 detailed in new research report

Energy storage is the 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.

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Li-ion Battery for ESS SWOT Analysis And Forecast 2019

About Li-ion Battery for ESS 

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.

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Rapid technological evolution will enable large-scale storage of electricity in li-ion batteries. Such electricity storage is required when the amount of electricity generated is greater than the electricity demand. 


Technavio's analysts forecast the li-ion battery market for ESS in APAC to grow at a CAGR of 17.3% over the period 2014-2019. 


Covered in this Report 
The report covers the present scenario and the growth prospects of the li-ion battery market for ESS in APAC for the period 2015-2019.3 The market is segmented on the basis of the following: technology and ownership model. 
Technavio's report, Li-ion Battery Market for ESS in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years.

The report includes a discussion of the key vendors operating in this market. 

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Key Countries 
• Australia 
• China 
• Japan 
• South Korea 
Key Vendors 
• A123 Systems 
• BYD 
• Kokam 
• LG Chem 
• Panasonic 
• Samsung SDI 
Other Prominent Vendors 
• Amperex Technology 
• Boston-power 
• CALB 
• GS Yuasa 
• SK Innovation 
• Sony

Market Driver 
• Demand for Li-ion Batteries for Grid Energy Storage 
• For a full, detailed list, view our report 
Market Challenge 
• High Initial Investment 
• For a full, detailed list, view our report 
Market Trend 
• Integration of ESS with Microgrids 
• For a full, detailed list, view our report 
Key Questions Answered in this 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?

 Complete Report Details @ www.wiseguyreports.com/reports/59945-lithium-ion-battery-market-for-ess-in-apac-2015-2019                    

 

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