Energy Storage program area includes Batteries, Grid Stabilization and other Emerging Technologies evolving for Energy Storage.
At Frost & Sullivan, we have a dedicated team tracking the developments in these verticals, and offer Syndicated research services; Customized research, Strategic consulting, and Growth Opportunity Analysis workshop that help clients come up with the multiple changes happening in this dynamic market. Research in the battery industry tracking back to the past 2 decades, offers us the distinct advantage of strong understanding of market evolution in this domain.
07 Oct 2014  |  Global
Emerging Regions Become New Gas Storage Epicenter as Mature Markets Experience Sluggish Growth
Gas storage has been instrumental in providing natural gas in critical times. Security of supply, be it to manage harsh winters or political crises, has been the strongest driver in addition to increasing use of gas for power generation for the market. However, high capital costs and diminishing global gas prices have deterred growth considerably. ...
21 Jul 2015  |  Global
High Growth in Utility-scale Grid-connected Solutions
The battery energy storage system (BESS) market is poised to enter a period of dynamic growth on a global level. In the markets for utility-scale grid-connected solutions, commercialisation will begin to accelerate after 2017 with the subsequent years bringing huge opportunities for companies that have the technological capabilities to compete. Rap...
23 Feb 2015  |  Global
Manufacturers Exploring New Verticals to Drive Growth
The ultracapacitor market faces challenges such as high prices and lack of adoption due to low awareness about the technology and its benefits. However, the market is growing led by keen interest for environmentally friendly alternatives to traditional energy storage methods. Ultracapacitors, which have high power density, provide ample energy stor...
06 Sep 2013  |  Global
Grid-level Energy Storage Applications will Create Strong Demand in the Long Term
This research service discusses the current state and future potential of the global industrial batteries market. It provides an in-depth analysis of the industrial batteries used in different applications such as telecom and data communication, UPS/backup, industrial equipment, medical devices, aerospace and defense, grid-level energy storage, and...
12 Sep 2018  |  Europe
Intelligent Software-based Energy Storage Solutions Providing Grid Ancillary Services Driving the Market
The European energy storage market is undergoing a stage of technological evolution, with digital transformation, electric vehicle (EV) penetration, and smart grid initiatives leading the charge. The European region is becoming a hotspot for energy storage driven by falling battery and photovoltaic (PV) costs, attractive subsidies, and increasing e...
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31 Dec 2018  |  North America
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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15 Sep 2016  |  North America
While the Economic Turnover Affected Most of the Markets, Renewable Energy Keeps Gaining Traction
This outlook discusses the short-term impact of the major trends affecting various sectors in the energy and environment industry across the Latin American region. It provides insights on current activity on the oil and gas industry; the evolving power generation matrix, with a special focus on the rapid development of renewable sources and distrib...
02 Jan 2017  |  Asia Pacific
Government Mandates and Rapid Technology Adoption will Drive the Adoption of Smart Meters and Advance Metering Infrastructure (AMI)
This smart utility network market is a culmination of different but largely interconnected segments, viz., smart meter/ advance metering infrastructure (AMI), smart consumer applications, and grid level applications. The total smart utility network market is forecasted to grow by a CAGR of below 10% from 2015 to 2020. Only the smart consumer applic...
28 Apr 2017  |  North America
Transformational New Business Models Focussing on Integrated Distributed Energy Storage Systems
Distributed energy resources and distributed energy storage systems (ESS) are changing the face of power generation and distribution in the Organisation for Economic Co-operation and Development (OECD) countries. To tap these new market opportunities, consumers need to be properly supported with financing options for ESS installations. The study s...
24 Nov 2017  |  Africa
Development of Remote Power Systems and Mobile Connectivity will Drive Uptake of Battery Energy Storage Systems
Power storage through the use of battery energy storage systems is critical to countries in Sub-Saharan Africa. While the foremost application of battery storage would be in renewable energy-based off-grid power systems for rural electrification and all-round electricity access, batteries are set to play a major role across commercial and industria...