Advanced Energy Storage Systems Market by Technology by Applications & Geography - Global Trends & Forecast to 2018

1
Advanced Energy Storage Systems Market by
Technology (Pumped Hydro, Compressed Air,
Batteries, Flywheels, Supercapacitors), By
Applications (Grid Storage Transportation),
Geography - Global Trends Forecast to 2018
2
Summary

• The bulk of required electricity, though could be
  generated, has to be managed due to frequently
  changing demand peaks by seasons, between day and
  night, and every hour making energy storage an
  imperative element within the system.
  Additionally, globally increasing concerns over
  energy conservation and efficiency measures are
  shifting fossil energy to alternative energy.
• Global demand for electricity is expected to grow
  by many folds. It is expected to grow to 32,000
  TWh by 2035, a 70 increase from 2012. The global
  consumption of electricity is expected to grow by
  over 60 from 2011 to 2030. This huge rise in
  demand has to be met by increased power
  generation which requires 6,000 GW of added new
  capacity, apart from the existing capacity.

3
Summary

• Pumped hydro storage is the most prominent and
  oldest of all the storage technologies. Numerous
  technologies other than pumped hydro with
  different capabilities are now in the market with
  continuous research and development in progress.
  These include compressed air energy storage,
  batteries, supercapacitors, fuel cell, and
  flywheel. Emerging and developing technologies
  include hydrogen storage, super magnets and
  synthetic gas.
• Globally, the advanced energy storage systems
  market that includes grid storage and
  transportation is expected to grow at a CAGR of
  10 in from 2013 to reach over 10.8 billion by
  2018. The key growth drivers include growing
  renewable implementation, new transmission and
  distribution grid construction and upgrades,
  smart grid installation, and growing demand for
  electric and hybrid vehicles.

4
Advanced Energy Storage Systems Market by
Technology (Pumped Hydro, Compressed Air,
Batteries, Flywheels, Supercapacitors), By
Applications (Grid Storage Transportation),
Geography - Global Trends Forecast to 2018
Grid Storage Industry, an Overview 
Introduction
Grid Storage Systems, By Technology
Grid Storage Systems, By Geography
Grid Storage Systems Market, By Technology
Grid Storage Systems Market, By Geography
5
Key Highlights

• The global battery storage market is dominated by
  North America in 2012, followed by Asia-Pacific
  and Europe. Increasing grid storage needs and
  encouraging policies for electric vehicles in the
  U.S. are the key drivers for this market.
  Asia-Pacific is expected to become the key market
  gainer in the next five years.
• The Advanced Energy Storage Systems Market report
  classifies current key technologies and
  highlights the energy storage market by
  applications such as grid storage and
  transportation. It also classifies the market by
  geography into Asia-Pacific, Europe, North
  America and ROW regions.
• The report presents current and projected markets
  of grid storage, battery storage and
  supercapactiors. Additionally, it includes
  profiles of battery manufacturers and presents a
  landscape of recent developments by these battery
  manufacturing giants. For this study, prominent
  market players were identified through secondary
  and primary research activities.
• Globally, the advanced energy storage systems
  market that includes grid storage and
  transportation is expected to grow at a CAGR of
  10 in from 2013 to reach over 10.8 billion by
  2018. The key growth drivers include growing
  renewable implementation, new transmission and
  distribution grid construction and upgrades,
  smart grid installation, and growing demand for
  electric and hybrid vehicles.
• View full details click the below link
  http//www.jsbmarketresearch.com/energy-utilities/
  r-Advanced-Energy-Storage-Systems-Market-by-Techno
  logy-By-Applications-95145

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