© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stationary Battery Storage Market to grow at 18% CAGR from 2017 to 2030: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  An outlook on Stationary Battery Storage Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years.Stationary Battery Storage Market size will exceed USD 35 billion by 2030, as reported in the latest study by Global Market Insights, Inc.Stationary Battery Storage Market  Favorable regulatory frameworks toward development of sustainable electrical infrastructure subject to integration of effective grid support will drive the stationary battery storage market size. Lack of efficient monitoring systems coupled with frequent outages and failures across developing regions will further fuel the product demand.  China stationary battery storage market is projected to exceed USD 2 billion by National renewable targets favored by government aided funds toward the expansion of renewable networks will augment the industry outlook. In 2017, the China National Energy Administration has declared a funding worth USD billion towards the expansion of renewable electrical networks across the country by Key Insights from Stationary Battery Storage Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Rising investments across sustainable energy through private and public funding programs coupled with ongoing expansion of micro-grid networks will foster the stationary battery storage market size. Growing demand for sustainable energy mix favored by advancing distributed generation technologies will further augment the industry growth. In 2017, International Finance Corporation declared a funding worth USD 103 million subject to incorporation of solar green bonds in India. The agency further affirmed a gross investment of USD 1.2 billion towards deployment of renewable technology in the country.  Flow battery in 2016, accounted for over 4% of global stationary battery storage market. Ongoing technological advancements toward development of cost-effective storage units coupled with high-end investments toward integration of a sustainable grid network will enhance the product demand. Longer life cycle favored by higher system efficiencies when compared to its competitive counterparts will further foster the business outlook. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Improved shelf life coupled with increasing R&D spending towards development of energy efficient systems will augment the stationary battery storage market share. Ongoing reforms pertaining to energy efficiency favored by growing deployment of enhanced storage units with high power densities will positively influence the product demand. Weight, comparative efficiency, discharge rates, cycle life, voltage and costs are few imperative features evaluated to integrate a competitive business scenario.  Stationary battery storage market will grow on account of increasing demand for refurbishment of aging infrastructure coupled with increasing adoption of advance grid support systems across the U.S. Rising investment towards development of sustainable electrical network along with increasing concern towards energy security will further complement the business scenario.  Eminent players across the stationary battery storage market include Toshiba, Samsung SDI, Philips, Panasonic, GS Yuasa, A123, Hitachi Chemical, LG Chem, Valence Technology, Hitachi Maxell, BYD Co., Duracell, Exide, Johnson Controls, Roofers Technology, Uniper, Durapower, ACDelco, and Tesla. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Germany Stationary Battery Storage Market Size, By Battery, 2016 (USD Billion)

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  By Application Emergency power is set to witness a growth over 18% owing to rapid residential establishments and commercialization across developing regions including Africa and Asia Pacific. Growing demand for refurbishment and upgradation of conventional electrical networks across North America and Europe will further complement the stationary battery storage market growth.  By Region Trends The U.S. stationary battery storage market is set to witness a growth over 17% by Refurbishment and upgradation of existing grid networks coupled with increasing demand for reliable grid support mechanism will foster the industry outlook. UK stationary battery storage market in 2016, was valued over USD 90 billion on account of ongoing reforms pertaining to energy efficiency coupled with growing concern toward energy security.  Competitive Market Share Notable players in the stationary battery storage market include Tesla, ACDelco, Durapower, Uniper, Roofer Technology, Johnson Controls, Exide Technologies, Duracell, BYD co., Hitachi Maxell, Valence Technology, LG Chem, Hitachi Chemical, A123 systems, GS Yuasa, Panasonic, Koninklijke Philips, Samsung SDI and Toshiba 360° Analysis

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