Description
The
goal of this report is to characterize, portray, and estimate the market on the
premise of sort, application, therapeutic condition, and area. It gives
point-by-point data with respect to the main considerations influencing the
development of the market. This report likewise tracks and examines aggressive improvements
of the key players regarding market advancements, item portfolios, and
financials
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A microgrid is a
small group of power generation assets and energy storage equipment, generating
power independently in order to meet local energy needs. A microgrid has the
capability to island itself and is connected to the main grid at a single
point. An energy storage system is a technology used to store the surplus power
that can be supplied later when required. Energy storage systems play a diverse
role in microgrids. When renewables are used in the microgrid they serve as a
voltage source, smoothing the intermittent power flow. For utilities, it helps
in peak hour shaving, volt ampere reactive (VAR) services, and black start.
Technavio's analysts forecast the global energy
storage market for microgrids to grow at a CAGR of 16.72% during the period
2017-2021
Covered
in this report
The report covers the present scenario and the
growth prospects of the global energy storage market for microgrids for
2017-2021. To calculate the market size, the report considers new
installations, it includes energy storage systems (battery and fuel cells).
The market is divided into the following segments
based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Energy Storage Market for
Microgrids 2017-2021, 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 over the coming years. The report also includes a
discussion of the key vendors operating in this market.
Key
vendors
• NEC Energy Solutions
• NRG Energy
• Saft
• Samsung SDI
• UniEnergy Technologies
Other
prominent vendors
• A123 Systems
• ABB
• ACME
• Adara Power
• BYD
• Daimler
• E3/DC
• East Penn Manufacturing Company
• Enphase Energy
• e-On Batteries
• Exide Technologies
• Fronius International
• GESS
• Greensmith Energy Management Systems
• GS Yuasa International
• HOPPECKE Batterien
• IBC SOLAR
• KOSTAL Solar Electric
• KYOCERA Corporation
• LG Chem
• Nedap
• Neovoltaic Energy Nantong
• Panasonic
• Primus Power
• Princeton Power Systems
• Redflow
• redT
• SENEC (Deutsche Energieversorgung)
• Sinetech
• SMA Solar Technology
• sonnen
• Sony Energy Devices Corporation
• Tesla
• The AES Corporation
• Trojan Battery Company
• VARTA
• ViZn Energy Systems
• Younicos
• ZEN Energy
Market
driver
• Increasing government support
• For a full, detailed list, view our report
Market
challenge
• High exit and standby costs
• For a full, detailed list, view our report
Market
trend
• Rapid advances in technology
• For a full, detailed list, view our report
Key
questions answered in this report
• What will the market size be in 2021 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
View
Full Report at- https://www.radiantinsights.com/research/global-energy-storage-market-for-microgrids-2017-2021
This
report is a total investigation of ebb and flow inclines in the market, business
development drivers, and restrictions. It gives showcase projections to the
coming years. It incorporates investigation of late advancements in innovation,
Doorman's five power demonstrate examination and point by point profiles of
best industry players. The report additionally incorporates a survey of
miniaturized scale and large-scale factors fundamental for the current market
players and new participants alongside nitty gritty esteem chain examination
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