Global Energy Storage Market for Renewable Energy Grid Integration 2017-2021

Global Energy Storage Market for Renewable Energy Grid Integration 2017-2021

Nov 2017 Technavio Energy Storage83 Pages Price :
$ 3500
About Energy Storage Market for Renewable Energy Grid Integration
Energy storage system plays a vital role during the integration of renewable energy with a main grid. The excess energy generated from the renewable sources during daytime (as in the case of solar energy) is stored in energy storage units and is fed back into the grid when the demand is high or during frequency variation. The major problem associated with renewable energy integration is the energy imbalance created due to the intermittent nature of the renewables, which makes the grid unstable. Energy storage systems are used to address this concern and facilitate grid flexibility.


Technavios analysts forecast the global energy storage market for renewable energy grid integration to grow at a CAGR of 32.88% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global energy storage market for renewable energy grid integration for 2017-2021. To calculate the market size, the report considers the new installations market and exclude aftermarket.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Energy Storage Market for Renewable Energy Grid Integration 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
East Penn Manufacturing
LG Chem
Robert Bosch
The AES

Other prominent vendors
Alevo Group
Beacon Power
BYD
Exide Technologies
GENERAL ELECTRIC
Green Charge Networks
Highview Power Storage
NEC ENERGY SOLUTIONS
NRG Energy
Renewable Energy Systems
SAMSUNG SDI
Siemens
Tesla
Market driver
Rise in use of renewable resources

For a full, detailed list, view our report

Market challenge
V2G services for renewable energy integration
For a full, detailed list, view our report

Market trend
Advances in energy storage technology
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
Global battery market: Overview
Technological overview
PART 05: MARKET LANDSCAPE
Market overview
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY ENERGY STORAGE
Segmentation by energy storage
Li-ion battery Market size and forecast 2016-2021
Lead-acid battery Market size and forecast 2016-2021
PART 07: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
APAC Market size and forecast 2016-2021
Americas Market size and forecast 2016-2021
EMEA Market size and forecast 2016-2021
Key leading countries
Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 10: MARKET TRENDS
Advances in energy storage technology
Increasing deployment of microgrids
Deployment of liquid air energy storage system
PART 11: VENDOR LANDSCAPE
Vendor analysis
Other prominent vendors
PART 12: VENDOR ANALYSIS
Vendor overview
ABB
East Penn Manufacturing
LG Chem
Robert Bosch
The AES
PART 13: APPENDIX
List of abbreviations
List of Exhibits
Exhibit 01: Li-ion battery structure
Exhibit 02: Standard lead-acid battery diagram
Exhibit 03: Global energy storage market for renewable energy grid integration
Exhibit 04: Global energy storage market for renewable energy grid integration 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global energy storage market for renewable energy grid integration by energy storage 2016 (%)
Exhibit 07: Global energy storage market for renewable energy grid integration by energy storage 2021 (%)
Exhibit 08: Global energy storage market for renewable energy grid integration by energy storage 2016-2021 (%)
Exhibit 09: Li-ion battery Market size and forecast 2016-2021 ($ bn)
Exhibit 10: Lead-acid battery Market size and forecast 2016-2021 ($ bn)
Exhibit 11: Regional market size and forecast 2016-2021 (%)
Exhibit 12: Regional comparison
Exhibit 13: APAC Market size and forecast 2016-2021 ($ bn)
Exhibit 14: APAC Year-over-year growth 2017-2022 (%)
Exhibit 15: Americas Market size and forecast 2016-2021 ($ bn)
Exhibit 16: Americas Year-over-year growth 2017-2022 (%)
Exhibit 17: EMEA Market size and forecast 2016-2021 ($ bn)
Exhibit 18: EMEA Year-over-year growth 2017-2022 (%)
Exhibit 19: Key leading countries
Exhibit 20: Global solar PV systems market 2016-2021 ($ billions)
Exhibit 21: Global annual installed wind power capacity 2011-2016 (MW)
Exhibit 22: Services provided by energy storage
Exhibit 23: New wind installation targets by 2020
Exhibit 24: Global electrification rate 2014
Exhibit 25: Global Li-ion battery cost 2009-2016
Exhibit 26: Global microgrid installed capacity 2015-2020 (GW)
Exhibit 27: Global liquid air energy storage (LAES) systems market 2016-2021 (MW)
Exhibit 28: Three core processes of liquid air energy storage systems
Exhibit 29: Other prominent vendors (indicative list)
Exhibit 30: ABB: Key products
Exhibit 31: East Penn Manufacturing: Key products
Exhibit 32: LG Chem: Key products
Exhibit 33: Robert Bosch: Key products
Exhibit 34: The AES: Key products

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