Albany, NY -- (SBWIRE) -- 07/15/2015 -- About Li-ion Battery for ESS

ESS is a system used to store electricity when the amount of electricity generated is greater than the demand, which can then be utilized during power shortages, blackouts, and peak demand. ESS uses technologies such as pumped-hydro storage systems, flywheels, advanced batteries (Li-ion), and other evolving technologies such as CAES. Li-ion batteries are increasingly being preferred because of advantages such as high dynamic charge acceptance, longer shelf life, reliability, and lower total cost of ownership. Technological advancement enables large-scale storage of electricity in Li-ion batteries.

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Technavio's analysts forecast the Li-ion battery market for ESS in EMEA to grow at a CAGR of 31.6% over the period 2014-2019.

Covered in this Report

The Li-ion battery market for ESS in EMEA has been segmented based on technology and ownership model.

Technavio's report, Li-ion Battery Market for ESS in EMEA 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Li-ion battery market landscape for ESS in EMEA and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Leading Countries:
Germany
Italy
UK

Key Vendors:
A123 System
BYD
Kokam
LG Chem
Panasonic
Saft
Samsung SDI

Other Prominent Vendors:
ABB
AES Energy Storage
Altair Nanotechnologies
EnerDel
Sony
Toshiba
Valence Technology

Market Driver:
Investments by Vendors
For a full, detailed list, view our report

Market Challenge:
High Initial Investment
For a full, detailed list, view our report

Market Trend:
Growing Demand for Decentralized Power Generation
For a full, detailed list, view our report

Key Questions Answered in this Report:
What will the market size be in 2019 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?

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