Energy Storage

29 Nov 2022  |  Global

Technological Advancements Enabling Ammonia for Efficient Hydrogen Storage

Safe Handling and High Hydrogen Recovery for Direct Utilization Drive the Demand for Ammonia as a Preferred Hydrogen Storage Medium

Infographics

×

Global efforts to decarbonize the energy and industrial sectors have necessitated looking beyond conventional fossil fuels as the primary energy source. Hydrogen, which has a significantly higher energy content than traditional energy sources such as oil and natural gas, is gaining traction in the industry. However, its low volumetric density requi...

Technological Advancements in Solid-state Batteries for EVs The trend of decarbonization of the global automotive sector has been the main factor driving the research on novel battery materials, owing to their prominence as a key enabling technology for the electrification of the transportation sector. Li-ion batteries have become synonymous to EV...

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

Infographics

×

Key Issues Addressed

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...

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...

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...

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...

25 Jul 2019  |  Asia Pacific

Asia-Pacific Lithium-ion Battery Market, Forecast to 2025

Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand

Infographics

×

Key Issues Addressed

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...

31 Dec 2018  |  North America

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

Infographics

×

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...

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...