Global Energy Storage Market Outlook 2017: Energy Storage System Installed Capacity Will Hit 8.13 Gigawatts in 2017 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global
Energy Storage Market Outlook, 2017” report to their offering.

2017 will represent a breakout year for distributed energy storage,
largely driven by the battery energy storage market. The utility-scale
market is expected to continue the strong growth shown in 2016. The
global market revenue will increase by 30% by the end of 2017, driven by
continued price declines in battery systems, the establishment of
procurement mandates in key international markets such as the United
States and the United Kingdom, increased battery participation in open
balancing markets in the United Kingdom and Germany, new standards for
renewable integration in Japan, congestion management across key
renewable energy markets, growth of renewable energy hybrid plants in
developing countries, and continued financing support from governments
into storage and micro-grid project piloting.

The engine behind market growth for 2017, however, will exist in the
residential and commercial sectors. The opening of new markets in the
United States, Australia, and Europe through subsidy support and the
ending of feed-in tariffs for photovoltaic (PV) systems have resulted in
a flurry of competitors entering these markets, with PV kit
distributors, utilities, and installers promoting storage solutions. The
residential battery storage market is expected to show a massive 73.9%
growth in 2017.

Market trends have been analysed for 2016 and 2017, with the base year
as 2016. The study is divided into 3 separate chapters addressing the
storage market: battery energy storage (e.g., utility scale,
non-residential, and residential); alternative energy storage
technologies (e.g., thermal, flywheels, supercapacitors, and compressed
air energy storage); and battery storage for consumer, industrial, and
electric vehicle applications.

The study assesses and discusses the companies launching new innovative
storage solutions in 2017. Some companies considered for the study
include Ice Energy, STORNETIC GmbH, Viking Cold Solutions Inc, Murata
Manufacturing, Duke Energy Corporation, Statoil ASA, Moixa Energy
Holdings Ltd, Trinabess, SENEC.IES, Redflow Limited, and CircuiTree.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Segmentation

3. 2017 Industry Outlook-Alternative Energy Storage Technologies: Market
Overview

4. Alternative Energy Storage Technologies-Technology Trends

5. Alternative Energy Storage Technologies-Regional Analysis

6. Alternative Energy Storage Technologies-Application Analysis

7. 2017 Industry Outlook-Battery Energy Storage Systems: Market Overview

8. Battery Energy Storage Systems-Market Analysis

9. Battery Energy Storage Systems-Regional Analysis

10. Battery Energy Storage Systems-Technology Spotlight

11. Battery Energy Storage Systems-Global Policies

12. 2017 Industry Outlook-Battery Storage (Consumer, Industrial, and EV
Applications)

13. Battery Storage (Consumer, Industrial, and EV Applications)-Regional
Analysis

14. Growth Opportunities and Companies to Action

15. Key Conclusions

16. Appendix

Companies Mentioned

– CircuiTree

– Duke Energy Corporation

– Ice Energy

– Moixa Energy Holdings Ltd

– Murata Manufacturing

– Redflow Limited

– SENEC.IES

– STORNETIC GmbH

– Statoil ASA

– Trinabess

– Viking Cold Solutions Inc

For more information about this report visit http://www.researchandmarkets.com/research/mfmhz4/global_energy

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