Global Advanced Energy Storage Systems Market 2013-2020, Size, Share, Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast by Research Beam
Advanced energy storage system market by technology consists of the physical medium which stores the energy to perform functions in the future. Energy efficiency is the need of the hour as global electricity demand is expected to rise by 40% from 2010 to 2040. The key driver for the market is the fact that governments across the globe are funding advanced energy storage systems (AESS). This has boosted the chances of high return on investment. Currently, more than 650 AESS projects are underway or are being developed worldwide, and it is a good leap from around 560 projects in 2012.
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Energy storage systems are meant to have a positive impact on the environment. However, some storage systems such as battery storage have an adverse affect on the environment. For example, in case of lead acid battery, the emission of lead and SO2 are very high and there is a need to control this emission. In the U.S., there are guidelines such as the value-regulated lead acid (VRLA) standards to control the same. The challenge for the market players is to achieve the same standards globally and this can be achieved through the support of governments across the globe.
Some of the key companies profiled in this report are A123 Systems, LLC., Active Power, Inc., Altair Nanotechnologies Inc., BYD Company Ltd., China Bak Battery Inc., Electrovaya Inc., Energizer Holdings Inc., Enersys, Exide Technologies, GS Yuasa Corporation, and Samsung SDI Co. Ltd.
This report provides market intelligence with respect to storage technologies, applications and geographies so that companies can make precise decisions about their investment options
Deep dive analysis of the drivers,...