New Energy market report from TechNavio: "Global Energy Storage for Microgrids Market 2014-2018"

Boston, MA -- (SBWire) -- 12/10/2014 --An electrical energy storage system is an energy reservoir that can store electrical energy and supply energy when required. Generally, energy storage systems perform three functions; energy management, power bridging, and power quality control. Technological advancements in electricity storage systems have created opportunities for storage systems to provide unique ancillary and customer energy management services to the evolving grid.

TechNavio's analysts forecast the Global Energy Storage for Microgrids market to grow at a CAGR of 19 percent over the period 2013-2018.

Covered in this Report

The report covers the present scenario and the growth prospects of the Global Energy Storage for Microgrids market for the period 2014-2018. In terms of technology, the Global Energy Storage for Microgrids market can be segmented into five: Advanced Lead-acid Battery, Advanced Lithium-ion Battery, Flow Battery, Sodium Metal Halide Battery, and Flywheel

View Full Report Details and Table of Contents

TechNavio's report, the Global Energy Storage for Microgrids market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the landscape of the Global Energy Storage for Microgrids market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- APAC
- EMEA

Key Vendors

- ABB
- EnStorage
- General Electric Digital Energy
- NEC
- S&C Electric
- Toshiba

Other Prominent Vendors

- Ampard
- Aquion Energy
- Greensmith Energy
- Green Energy Corp.
- Raytheon Co.
- Sunverge Energy

Market Driver

- Growing Microgrid Installations
- For a full, detailed list, view our report

Market Challenge

- High Battery Cost
- For a full, detailed list, view our report

Market Trend

- Government Support
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: ABB, EnStorage, General Electric Digital Energy, NEC, S&C Electric, Toshiba, Ampard, Aquion Energy, Greensmith Energy, Green Energy Corp., Raytheon Co., Sunverge Energy

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