Transparency Market Research Report Added "Energy Storage Technologies Market" to its database.
Albany, NY -- (SBWIRE) -- 01/20/2015 -- The global study on the energy storage technologies market provides a comprehensive snapshot of the latest trends and developments in this sector. It brings you up to speed with the technologies, strategies, and threats that will matter in the energy storage technologies market through 2017. The report not only provides a qualitative analysis of energy storage technologies industry, but also validates it with market numbers and percentages. The compounded annual growth rate (CAGR) is provided not only for the market as a whole, but for each important segment within the market.
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The report is comprised of a detailed executive summary that gives you a bird's eye view of the energy storage technologies market, as well as multiple chapters that focus on individual aspects of the overall market. We employ Porter's five forces analysis model to anticipate the bargaining power of suppliers and consumers in the future. This analysis model also provides insights into potential threats from substitutes and the degree of competition.
The report on the global energy storage technologies market also takes into consideration the market shares of key players. The role and significance of each key player is documented in detail in the Company Profiles section of this report.
Overview of the global energy storage technologies market
For many decades now, the conventional practice has been to produce energy and supply it for immediate consumption. Over the years, this has become a predominant practice owing to the lack effective solutions that could help storage energy in the desired form and volumes.
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But, as energy conservation initiatives began to gain momentum, this scenario is witnessing a shift. In order to be effectively conserved, energy needs to be stored using specific systems. The functioning of these systems is made possible by employing advanced technologies. Stored energy can be used later in various forms and quantities, using specifically-designed physical media or devices.
Energy can be stored using a variety of technologies. For instance, a potent reserve of energy can be created using compressed air energy storage. Or thermal technologies can be applied for capturing heat to produce energy on-demand. Similarly, batteries of various types offer an extensive range of electrochemical energy storage solutions. The use of energy storage technology is vital because it presents power systems from collapsing. Often, factors such as line changes and fluctuations could be the reason for a failure in a power system.
Key energy storage technology types analyzed in this report are: NiCD, NiMH, lead acid, lithium ion, super capacitor, and flywheel. The report studies each of these energy storage technologies in detail, and offers insights about whether those technologies will grow or gradually see a decline.
As a number of energy-hungry nations pump investment dollars into initiatives that could help bring down the cost of energy storage technologies, this market will likely witness healthy growth in the coming years. The report identifies Asia as the leading market for energy storage technologies. It also establishes that Europe and North America follow Asia in terms of market share. This energy storage technologies market research report also identifies the reasons behind the growth of each technology type and its market share.
Companies mentioned in the energy storage technologies market
Leading names from the energy storage technologies market that have been profiled in the report include: Panasonic Corporation, Nippon Chemi-Con Corporation, Maxwell Technologies, Johnson Controls, BYD Motor Co Ltd., and Sanyo Electric Co Ltd.
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