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.
23 Nov 2021  |  Global
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...$4,950.00