lithium ion battery market for ess in emea 2015-2019
TRANSCRIPT
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Lithium ion Battery Market for ESS in EMEA 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Key Trends
Technavio’s Senior Analyst says, “The demand for decentralized power generation has evolved over time because of increasing power losses from centralized power sources. Moreover, increased renewable power generation in remote locations has boosted the demand for ESS, which will indirectly drive the demand for Li-ion batteries in decentralized power sources. Another major trend observed in the market is increasing interest in LiFePO4 for ESS.”
• ESS is a system used to store electricity when the amount of electricity generated is greater than the demand, which can then be utilized during power shortages, blackouts, and peak demand. ESS uses technologies such as pumped-hydro storage systems, flywheels, advanced batteries (Li-ion), and other evolving technologies such as CAES.
• Technavio's analysts forecast the Li-ion battery market for ESS in EMEA to grow at a CAGR of 31.6% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Lithium ion Battery Market for ESS in EMEA 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our report:
Lithium ion Battery Market for ESS in EMEA 2015-2019
ABB
AES Energy Storage
Altairnano
ABB was founded in 1988 and is headquartered in Zurich, Switzerland. The company provides automation and power technologies to the utilities, transport, infrastructure, and other industries. Its products are sold in over 100 countries worldwide.
AES Energy Storage was established in 2008 and is headquartered in Arlington, Virginia, US. The company specializes in commercial energy storage, which enables utilities, power markets, and renewable developers to manage projects using a market-proven solution. It operates as a part of the AES Corporation.
Altairnano was founded in 1998 and is headquartered in Nevada, US. The company was formerly known as Altair Nanomaterials. It changed its name to Altairnano in July, 2006. It operates as a subsidiary of Altair Nanotechnologies.
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Market Landscape• ESS holds many benefits for power utilities to employ.
• Some of the major benefits are a reduction in the number of outages and increased reliability and efficiency of power grid.
• Also, it gives flexibility to power utilities to meet the supply with rapidly increasing demand, thereby improving grid management.
• Many areas in the Middle East and Africa frequently experience power outages and inconsistent power supplies.
• These issues can be addressed with the help of ESS. It not only supports the power grid for consistent power supply but also supports the voltage and VAR as well as regulating frequency.
• Stored energy can absorb excess energy and release it when the voltage is insufficient.
• This not only increases the power quality but also increases the reliability of the power grid.
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Key Buying CriteriaGuest Bloggers
• Authenticity • Delivery • Price• Service
Support
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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