Global Lithium Ion (Li-Ion) Battery Market For Energy Storage System (ESS) 2015-2019

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Global Lithium Ion (Li-Ion) Battery Market For Energy Storage System (ESS) 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Market Highlights

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Key Trends

Technavio’s Senior Analyst says, “As micro-grids require power from various energy sources, ESS is increasingly getting integrated with micro-grids for enhanced efficiency. The demand for decentralized power generation has also evolved in response to rising power losses from centralized power sources.”

• Li-ion batteries have become common in devices such as laptops, smart phones, notebooks, and tablets because of their high energy density and charge and discharge capability.

• The global Li-ion battery market for ESS will grow significantly during 2015-2019 at a CAGR of 26%.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global Lithium Ion (Li-Ion) Battery Market For Energy Storage System (ESS) 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our report:

Global Lithium Ion (Li-Ion) Battery Market For Energy Storage System (ESS) 2015-2019

A123 Systems

BYD

Kokam

A123 Systems develops and manufactures advanced LiFePO4 batteries that are highly efficient, maximize usable energy, have a long life, and are safe for operations. The company is a TS-16949 and ISO9001 certified supplier of advanced Li-ion cells and systems.

BYD independently develop and manufacturers Li-ion for ESS. The company provides modular systems for distributed energy storage, micro-grid, and utility-scale energy storage.

Kokam, a South Korean firm, is engaged in the manufacturing and developing of Li-ion batteries. It provides various battery solutions to its customers. In 1998, the company succeeded in developing its first high capacity lithium polymer batteries.

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Market Landscape

• In the power sector, ESS is increasingly being deployed in smart grid networks.

• As smart grids expand, the market for ESS should also grow significantly to meet extended energy needs in non-grid-connected regions.

• ESS allow power utilities to leverage unused electrical energy during peak demand.

• Power utilities use ESS to boost operational reliability and efficiency while mitigating the risk of power outages.

• Also, by installing ESS, power utilities can incorporate distributed energy, micro-grids, and other renewable sources into the electricity network.

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Key Market Highlights Guest Bloggers

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Support

• The global demand for Li-ion batteries in grid energy storage has increased significantly.

• The inherent benefits of Li-ion batteries have attracted the attention of power utilities encouraging them to invest heavily in Li-ion batteries.

• However, the per-unit cost of Li-ion batteries for ESS is significantly higher than other advanced batteries, causing investor reluctance to adopt this technology.

• Although power utilities use ESS to boost reliability of power quality installation, it is expensive.

• This can also act as a hurdle as companies generally do not upgrade their existing power grids unless these are damaged.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global Lithium Ion (Li-Ion) Battery Market For Energy Storage System (ESS)

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