China Stationary Battery Storage Market to grow at 24% CAGR from 2018-2030

​The technology research report “Stationary Battery Storage Market Size By Battery (Lithium-ion, Sodium Sulphur (NAS), Lead acid, Flow Battery, Others), By Application (Communication Base Stations [Lithium ion, Lead acid {Flooded, VRLA}, Flow battery] Emergency Power, Local Energy Storage, Remote Relay Stations, Uninterruptible Power Supplies (UPS)), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, France, Italy, UK, Spain, Russia, Ukraine, Azerbaijan, Kazakhstan, Belarus, China, Japan, South Korea, India, Australia, Saudi Arabia, UAE, South Africa, Argentina, Brazil, Mexico), Growth Potential, Competitive Market Share & Forecast, 2018 – 2030” by Global Market Insights, Inc. says Stationary Battery Storage Market to exceed USD 35 billion by 2030; driven by growth in the renewable energy sector.

Increasing investments toward integration of sustainable energy technologies coupled with growing deployment of enhanced storage units with high power output will foster the stationary battery storage market. Favorable regulatory framework toward the expansion of grid infrastructure will further propel the industry growth. International Finance Corporation in 2017, declared an investment of USD 1.2 billion for the development of renewable energy technologies in India.

Expansion of communication network on account of progression in the wireless technologies will augment the stationary battery storage market. Recurrent power failures and outages along with lack of efficient monitoring systems across the developing nations will complement the business outlook. Rapid technological advancements toward the development of distributed generation technologies will encourage the product adoption.

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Japan stationary battery storage market is set to exceed USD 2 billion by 2030. Ongoing investments toward expansion of microgrid network coupled with rising electricity consumption on account of growing commercial and industrial sector will positively influence the industry growth. In addition, the rising concerns pertaining to security of supply will stimulate the product penetration.

Flow battery in 2017, accounted for over 3.5% of the stationary battery storage market. Rapid technological advancement toward the development of efficient and cost-effective storage solutions along with growing investments toward integration of renewable grid network will foster the business growth. Longer shelf life and higher product efficiency are some of the key features which will makes it adoption preferable when compared with available alternatives.

Increasing R&D spending toward the development of efficient system along with improved shelf life will positively drive the stationary battery storage market. High discharge rate, reduced weight, comparative efficiency, longer life cycle, reducing cost and high voltage output and some of the key imperative parameters which will boost the product demand. In 2017, MDPI denoted the energy density for lithium-ion battery between 110 to 160 Wh/Kg when compared with NiMH, NiCd and lead acid batteries.

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Investments toward refurbishment of ageing electrical infrastructure along with ongoing adoption of advanced grid support systems will foster the North America stationary battery storage market. Rising concerns toward security of supply with increasing spending toward sustainable electric network will stimulate the industry growth. Exponential increase in the power consumption along with growing demand for continuous and reliable electricity will further complement the business growth. In 2017, China proposed an investment of around USD 800 billion across the U.S. energy infrastructure sector.

Notable players across stationary battery storage market includes Samsung SDI, Exide Technologies, A123 systems, Johnson Controls, Durapower, Toshiba, GS Yuasa, Tesla, BYD co, Hitachi Chemical, Duracell, Hitachi Chemical, Valence Technology, Uniper, LG Chem, ACDelco, Hitachi Maxell, Panasonic and Roofer Technology.

Stationary battery storage market research report includes in-depth coverage of the industry with estimates & forecast in terms USD from 2013 to 2030, for the following segments:

By Battery

  • Lithium-ion
  • Sodium Sulphur
  • Lead Acid
  • Flow Battery
  • Others

By Application

  • Emergency Power
  • Communication Base Station
    • Lithium ion
    • Lead acid
      • Flooded
      • VRLA
    • Flow battery
    • Others
  • Local Energy Storage
  • Remote Relay Station
  • Uninterruptible Power Supplies (UPS)

The above information is provided on a country basis for the following:

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • CIS & EURASIA
    • Russia
    • Ukraine
    • Azerbaijan
    • Kazakhstan
    • Belarus
  • Middle East and Africa
    • UAE
    • South Africa
    • Saudi Arabia
  • Latin America
    • Mexico
    • Brazil
    • Argentina

Browse key industry insights spread across 330 pages with 364 market data tables & 13 figures & charts from the report, Stationary Battery Storage Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/stationary-battery-storage-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

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Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free:1-888-689-0688
Email:sales@gminsights.com
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U.S. Stationary Battery Storage Market share to grow at 17% CAGR from 2017 to 2030

An outlook on Stationary Battery Storage Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years.

Stationary Battery Storage Market size will exceed USD 35 billion by 2030, as reported in the latest study by Global Market Insights, Inc.

Favorable regulatory frameworks toward development of sustainable electrical infrastructure subject to integration of effective grid support will drive the stationary battery storage market size. Lack of efficient monitoring systems coupled with frequent outages and failures across developing regions will further fuel the product demand.

China stationary battery storage market is projected to exceed USD 2 billion by 2030. National renewable targets favored by government aided funds toward the expansion of renewable networks will augment the industry outlook. In 2017, the China National Energy Administration has declared a funding worth USD 326.38 billion towards the expansion of renewable electrical networks across the country by 2020.

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Rising investments across sustainable energy through private and public funding programs coupled with ongoing expansion of micro-grid networks will foster the stationary battery storage market size. Growing demand for sustainable energy mix favored by advancing distributed generation technologies will further augment the industry growth. In 2017, International Finance Corporation declared a funding worth USD 103 million subject to incorporation of solar green bonds in India. The agency further affirmed a gross investment of USD 1.2 billion towards deployment of renewable technology in the country.

Flow battery in 2016, accounted for over 4% of global stationary battery storage market. Ongoing technological advancements toward development of cost-effective storage units coupled with high-end investments toward integration of a sustainable grid network will enhance the product demand. Longer life cycle favored by higher system efficiencies when compared to its competitive counterparts will further foster the business outlook.

Improved shelf life coupled with increasing R&D spending towards development of energy efficient systems will augment the stationary battery storage market share. Ongoing reforms pertaining to energy efficiency favored by growing deployment of enhanced storage units with high power densities will positively influence the product demand. Weight, comparative efficiency, discharge rates, cycle life, voltage and costs are few imperative features evaluated to integrate a competitive business scenario. In 2017, MDPI denoted comparative gravimetric energy density for lithium-ion batteries to be in the range of 110–160 Wh/kg in comparison to lead acid, NiCd and NiMH falling in the range of 30–50, 60–120 and 45–80, respectively in Wh/kg.

Make an inquiry for purchasing this report @  https://www.gminsights.com/inquiry-before-buying/1892

Stationary battery storage market will grow on account of increasing demand for refurbishment of aging infrastructure coupled with increasing adoption of advance grid support systems across the U.S. Rising investment towards development of sustainable electrical network along with increasing concern towards energy security will further complement the business scenario. In 2017, China under its sovereign wealth fund proposed an investment worth USD 800 billion across the U.S. infrastructure sector.

Eminent players across the stationary battery storage market include Toshiba, Samsung SDI, Philips, Panasonic, GS Yuasa, A123, Hitachi Chemical, LG Chem, Valence Technology, Hitachi Maxell, BYD Co., Duracell, Exide, Johnson Controls, Roofers Technology, Uniper, Durapower, ACDelco, and Tesla.

Stationary battery storage market research report includes in-depth coverage of the industry with estimates & forecast in terms of USD Billion from 2013 to 2030, for the following segments:

Stationary Battery Storage Market, By Battery

  • Lithium-ion
  • Sodium Sulphur
  • Lead Acid
  • Flow Battery
  • Others

Stationary Battery Storage Market, By Application

  • Emergency Power
  • Communication Base Station
  • Local Energy Storage
  • Remote Relay Station
  • Uninterruptible Power Supplies (UPS)

The above information is provided on a country basis for the following:

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
  • Middle East and Africa
    • UAE
    • South Africa
    • Saudi Arabia
  • Latin America
    • Mexico
    • Brazil
    • Argentina

Browse key industry insights spread across 195 pages with 195 market data tables & 13 figures & charts from the report, Stationary Battery Storage Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/stationary-battery-storage-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://www.gminsights.com/blogs
Connect with us: Facebook | Google+ | LinkedIn | Twitter