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Global Battery Energy Storage
Systems for Smart Grid 2016-
2020
Technavio’s analysts forecast the global battery energy
storage market for smart grid to grow at a CAGR of 72.91%
during the period 2016-2020.
Brought to you by:
ABSTRACT
The suppression or filtering of electromagnetic noise in connectors can be achieved by adding
diodes and capacitors to separate interfering high-voltage or high-frequency noise from the
desired lower frequency signals. These connectors are called filtered connectors and have been
used in the industry for more than three decades to provide cost- and space-effective solutions to
EMI problems. They can be used in multiple applications such as satellites, avionics systems,
communications, missiles, consumer electronics, and medical instruments. With growth in
population and increasing urbanization, there has been an increase in power consumption.
Excess power consumption has led to power outages in many countries and has also resulted in
heavy loads during peak hours. One of the reasons for power outages is the massive loss of
electricity during its transmission and distribution from the power plants. The use of smart grid
storage technologies enables reduction of such losses and improves the efficiency of power
plants.
Covered in this report
The report covers the present scenario and the growth prospects of the global battery energy
storage market for smart grid for 2016-2020. To calculate the market size, Technavio considers
the revenue generated from the total consumption of battery energy storage for smart grid
globally. The report does not include revenue generated from the aftermarket service of the
product.
ABSTRACT
The market is divided into the following segments based on geography:
America
APAC
EMEA
Technavio's report, Global Battery Energy Storage Market for Smart Grid 2016-2020, 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:
Siemens;
ABB;
Samsung SDI;
GE-Alstom;
A123;
Bosch;
BYD
Other prominent vendors: AES Energy Storage; LG Chem; Saft; Axion Power International; Solar
Grid Storage
Length Publisher Published Date
77 Pages
TechNavio – Infiniti
Research
June 22, 2016
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by batteries
PART 07: Market segmentation by geography
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Key leading countries
PART 14: Vendor landscape
PART 15: Key vendor analysis
Learn more about this report
ABOUT THE PUBLISHER
TechNavio - Infiniti Research Ltd. is a ground breaking technology advisory and research firm
with comprehensive international coverage. They focus sharply on emerging tech trends that
can direct the makeup of the market.
TechNavio identifies the trends by applying a combination of qualitative and quantitative
methods in its proprietary research practices. They build breakdowns throughout market
segments and geographies based on the trends seen. These breakdowns and analyses are
applied to assist their customers in identifying fresh and already existing opportunities in their
markets.
View more reports from this publisher
Other Titles from this Publisher
Global Public Relation Robots Market 2016-2020
Global Higher Education Financial and HRM Market 2016-2020
Global Contact Lens Market 2016-2020
We Help You Find the Business
Intelligence You Need
Knowledge Center
With our Knowledge Center
solution, you gain unlimited,
company-wide access to an
entire catalog of industry-
specific market research
reports for one fixed cost,
providing your organization
with both predictability of
spend and reliability of
coverage. Plus, you will reduce
time and stress by utilizing the
Knowledge Center’s powerful
and convenient platform
functionality, including
advanced full-text search,
instant downloads, and alert
and usage-tracking tools.
Profound
MarketResearch.com’s
Profound solution allows you
to maximize your research
budget by purchasing only
the specific data you need.
Extract individual sections,
tables, charts or graphs from
our comprehensive
collection of more than
800,000 market research
reports from more than 200
publishers across nearly 700
industry sectors.
Market Research
Reports
MarketResearch.com
provides you with instant
online access to the most
comprehensive collection
of market intelligence
products and services
available on the Web. Our
extensive database offers
reports from more than
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Global Battery Energy Storage Systems for Smart Grid 2016-2020

  • 1. Global Battery Energy Storage Systems for Smart Grid 2016- 2020 Technavio’s analysts forecast the global battery energy storage market for smart grid to grow at a CAGR of 72.91% during the period 2016-2020. Brought to you by:
  • 2. ABSTRACT The suppression or filtering of electromagnetic noise in connectors can be achieved by adding diodes and capacitors to separate interfering high-voltage or high-frequency noise from the desired lower frequency signals. These connectors are called filtered connectors and have been used in the industry for more than three decades to provide cost- and space-effective solutions to EMI problems. They can be used in multiple applications such as satellites, avionics systems, communications, missiles, consumer electronics, and medical instruments. With growth in population and increasing urbanization, there has been an increase in power consumption. Excess power consumption has led to power outages in many countries and has also resulted in heavy loads during peak hours. One of the reasons for power outages is the massive loss of electricity during its transmission and distribution from the power plants. The use of smart grid storage technologies enables reduction of such losses and improves the efficiency of power plants. Covered in this report The report covers the present scenario and the growth prospects of the global battery energy storage market for smart grid for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of battery energy storage for smart grid globally. The report does not include revenue generated from the aftermarket service of the product.
  • 3. ABSTRACT The market is divided into the following segments based on geography: America APAC EMEA Technavio's report, Global Battery Energy Storage Market for Smart Grid 2016-2020, 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: Siemens; ABB; Samsung SDI; GE-Alstom; A123; Bosch; BYD Other prominent vendors: AES Energy Storage; LG Chem; Saft; Axion Power International; Solar Grid Storage
  • 4. Length Publisher Published Date 77 Pages TechNavio – Infiniti Research June 22, 2016 Table of Contents PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Market landscape PART 06: Market segmentation by batteries PART 07: Market segmentation by geography PART 08: Market drivers PART 09: Impact of drivers PART 10: Market challenges PART 11: Impact of drivers and challenges PART 12: Market trends PART 13: Key leading countries PART 14: Vendor landscape PART 15: Key vendor analysis Learn more about this report
  • 5. ABOUT THE PUBLISHER TechNavio - Infiniti Research Ltd. is a ground breaking technology advisory and research firm with comprehensive international coverage. They focus sharply on emerging tech trends that can direct the makeup of the market. TechNavio identifies the trends by applying a combination of qualitative and quantitative methods in its proprietary research practices. They build breakdowns throughout market segments and geographies based on the trends seen. These breakdowns and analyses are applied to assist their customers in identifying fresh and already existing opportunities in their markets. View more reports from this publisher Other Titles from this Publisher Global Public Relation Robots Market 2016-2020 Global Higher Education Financial and HRM Market 2016-2020 Global Contact Lens Market 2016-2020
  • 6. We Help You Find the Business Intelligence You Need Knowledge Center With our Knowledge Center solution, you gain unlimited, company-wide access to an entire catalog of industry- specific market research reports for one fixed cost, providing your organization with both predictability of spend and reliability of coverage. Plus, you will reduce time and stress by utilizing the Knowledge Center’s powerful and convenient platform functionality, including advanced full-text search, instant downloads, and alert and usage-tracking tools. Profound MarketResearch.com’s Profound solution allows you to maximize your research budget by purchasing only the specific data you need. Extract individual sections, tables, charts or graphs from our comprehensive collection of more than 800,000 market research reports from more than 200 publishers across nearly 700 industry sectors. Market Research Reports MarketResearch.com provides you with instant online access to the most comprehensive collection of market intelligence products and services available on the Web. Our extensive database offers reports from more than 720 leading publishers, offering expert insights on global industries, products, company profiles, and market trends.
  • 7. For more information and additional research, visit MarketResearch.com or call 800.298.5699 Brought to you by: