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23 Nov 2021  |  Global  |  Market Research
Global Residential Battery Energy Storage Growth Opportunities
Higher Electricity Prices, Declining Technology Costs, and Desire for Grid Independence are Factors Driving Market Growth
The residential battery storage market will continue its recent trajectory of strong growth, with global revenues increasing from $3.05 billion in 2021 to reach $8.11 billion in 2030. High electricity prices, declines in feed-in tariffs and net metering payments, and continued declines in lithium-ion battery prices and associated components are the...
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20 Dec 2019  |  Global  |  Technology Research
Disruptive Battery Storage Technologies
Novel Battery Technologies Beyond Lithium-ion Chemistry are Expected to Disrupt the Battery Market in the Next Decade
The widespread deployment of batteries in power systems and transportation applications is expected to face challenges related to the raw material supply chain and the environmental impact of the materials. Current energy storage systems are expensive and difficult to scale, mainly due to the cost and performance of the battery chemistry. The cutt...
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06 Dec 2019  |  Global  |  Frost Radar
Frost Radar in the Global Lithium-Ion Battery Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
Global lithium-ion battery market revenue is expected to increase at an impressive 17.9% compound annual growth rate from 2018 to 2025. Market growth is fueled by rising demand for energy storage around the world, electric vehicle production, and demand for industrial power tools and electric forklifts. Technological advancements have allowed batte...
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13 Nov 2019  |  North America  |  Market Research
Analysis of Global Starting, Lighting, and Ignition (SLI) Battery Market, Forecast to 2024
Global SLI Battery Revenue Potential to Reach $24.02 Billion in 2024 with Strong Demand from Transportation Application
The global Starting, Lighting and Ignition (SLI) Lead Acid Battery market is mature but continues to exhibit consistent and continuous demand. The sector is characterized by intense competition and limited product differentiation. Lead acid batteries are the earliest form of energy storage solutions that generate electricity from a chemical composi...
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18 Oct 2019  |  North America  |  Market Research
Global Lithium-ion (Li-ion) Batteries Market, Forecast to 2025
Cumulative Sales of Li-ion Batteries Globally will Exceed $629.22 Billion by 2025
The global Lithium-ion battery market by application (grid + energy storage, automotive, industrial, and consumer electronics) and by region (North America, Europe, APAC, and Rest-of-the-world) is expected to grow at a compound annual growth rate (CAGR) of 17.9% during 2018–2025. Market growth is fuelled by rising demand for energy storage across...
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25 Jul 2019  |  Asia Pacific  |  Market Research
Asia-Pacific Lithium-ion Battery Market, Forecast to 2025
Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand
Increasing use of smartphones that offer the mobile Internet facility loaded with multiple applications has become a way of life around the world. The Asia-Pacific region includes countries with high populations, emerging economies, and increasing urbanization. All this paves the way for higher demand for smartphones and improved telecommunications...
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23 May 2019  |  Global  |  Market Research
Growth Opportunity Analysis of the Global UPS Battery Market, 2018
Commercial and Data Center UPS Drive Battery Demand
Majority of the UPS systems has battery to store energy that will be used during power outage. The stationary lead-acid battery is the predominant battery chemistry used in these UPS, while lithium ion is the emerging chemistry that is revolutionizing the industry. Among the UPS applications, the role of batteries in commercial, industrial, data ce...
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14 May 2019  |  Global  |  Frost Radar
Frost Radar in the Battery Energy Storage Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The global battery energy storage industry is predicted to have double-digit growth, and this will be driven by both front of the meter and behind the meter applications. Falling battery costs, increased grid modernization initiatives, rapid growth in variable renewable energy generation, participation of battery storage in various wholesale electr...
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31 Dec 2018  |  North America  |  Market Research
Commercial Battery Energy Storage Market in Key Markets, Forecast to 2025
With Rising Demand Charges, Rapid Battery Price Reductions, Rampant Technological Innovation and Evolving Business Models, the Global Commercial Battery Storage Market will Exhibit Dramatic Growth Till 2025
The commercial battery storage market is expected to show enormous growth, rising from $160.4 million in 2017 to $1.6 billion by 2025. Behind-the-meter battery energy storage systems at commercial sites offer attractive benefits such as peak demand charge reduction, back up, peak shaving and using batteries to participate in the local ancillary gri...
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22 Nov 2018  |  Global  |  Market Research
Global Battery Management Systems Market, Forecast to 2024
Rising Adoption of Electric Vehicles and Increasing Popularity of Renewable Energy Integration Drives BMS Demand
Battery management systems (BMS) are critical to ensure the safe and reliable operation of batteries, especially in advanced applications. The BMS market mirrors the growth of the battery market, and it is expected to grow steadily throughout the forecast period due to the increasing adoption of electric vehicles (xEVs), rising popularity of batter...
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