Energy Storage

30 Mar 2020  |  Global

Global Ultracapacitor Market, Forecast to 2026

Adoption of Electric Vehicles Contributes to Strong Revenue Growth, While the Mature Consumer Electronics Vertical Drives Volumes

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Ultracapacitors are energy storage devices that are best suited for high-impulse power. As ultracapacitors have a small storage capacity, they are usually used to complement another energy storage device (mostly batteries). Ultracapacitors find profound applications in consumer electronics devices, such as laptops, smartphones, smart toys, video re...

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...

The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...

28 Mar 2018  |  Global

Global Residential Battery Energy Storage Market, Forecast to 2022

With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022

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The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...

The stationary lead-acid battery is an important and the most dominating chemistry with revenues in billions of dollars in 2017. Telecom, data center, and UPS applications are driving the demand for efficient, cost-effective, reliable, and long-standing solutions. Lead-acid battery, with all its desirable features, including affordability and avail...

12 Jan 2018  |  Global

Global Industrial Battery Market, Forecast to 2023

Growth in Renewable Energy and Distributed Generation to Drive the Global Industrial Battery Market

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Key Issues Addressed

The global industrial battery market is a well-established one which is expected to grow at a CAGR of 7.1% between 2014 and 2023. The major factors driving industrial batteries are the surging demand from energy storage and stationary applications, reinforced by advancements in battery technology. Industrial batteries for grid storage represent a u...

27 Sep 2017  |  Global

Global Flow Battery Market, Forecast to 2023

Utility-scale Projects by Vanadium Redox Chemistry Dominate the Market Accounting for Over 80% of Revenue

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The importance of utility-based energy storage is driving demand for multiple options of efficient, cost-effective, and long standing storage solutions. The flow battery, with all its attractive features, is to become the most preferred chemistry for utility-based storage. Thus, the global flow battery market will witness a steady growth in unit vo...

30 Dec 2016  |  Global

Global Uninterruptible Power Supplies Market, 2016

Demand from Data Centers Drives Growth in the European Union and the United States, while Ageing Infrastructure Drives Revenue in Other Regions

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The global UPS market is witnessing growth due to datacenter demand from North America and Europe. UPS is an inevitable product purchase to ensure high power quality to equipment that cannot afford an interruption or disturbance in power. The market witnessed a slump in 2013, due to decreased investments, but from 2014, there has been steady growt...

29 Feb 2016  |  Global

Global Primary Lithium Battery Market, Forecast to 2022

Aerospace, Defence, Industrial and Medical Applications to Stimulate Growth

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This study analyses the global market for primary lithium batteries. It includes revenue forecasts, pricing trends, market trends, drivers and restraints, opportunities, and a competitive overview for the period 2013 to 2022. The market is analyzed through 2 main segments: by battery chemistry and by end-user application. Battery chemistry analysis...