Europe Energy Storage Systems Market (2017-2023): Forecast By Technology, Applications & Countries – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Europe
Energy Storage Systems Market (2017-2023): Forecast By Technology,
Applications, and Countries”
report to their offering.

According to research, Europe Energy Storage System market is projected
to grow at a CAGR of 14.5% during 2017-2023. However, energy storage
systems market is still in its initial phase of deployment in most of
the European countries on account of lack of common policy framework
across different countries which is creating uncertainties among
companies and investors to invest in technologies and R&D.

Energy Storage systems are gaining popularity in the Europe due to
growing power demand, declining cost of energy storage systems and shift
towards more cleaner fuels. Electro-chemical batteries are now mostly
used to bridge the power demand and supply gap by storing the renewable
energy and managing grid during peak hours instead of using fossil fuels.

Power utilities is the biggest application area for energy storage
systems as high initial investments are required for large scale storage
systems and also these have better access to energy infrastructure.
However, energy storage in residential sector is gaining popularity in
the European countries such as Germany, Italy and UK due to government
subsidy on installing residential solar plus storage systems.

Companies Mentioned

  • AES Energy Storage
  • BYD Co. Ltd.
  • Eaton Corporation Plc.
  • EnerSys
  • Exide Technologies
  • LG Chem Co. Ltd.
  • Saft Groupe S.A
  • Samsung SDI
  • Sonnen GmbH
  • Younicos AG

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Global Energy Storage Systems Market Overview

4. Europe Energy Storage Systems Market Overview

5. Europe Energy Storage Systems Market Dynamics

6. Europe Energy Storage Systems Market Trends

7. Europe Energy Storage Systems Market Overview – By Technology

8. Europe Energy Storage Systems Market Overview- By Applications

9. Germany Energy Storage Systems Market Overview

10. France Energy Storage Systems Market Overview

11. Spain Energy Storage Systems Market Overview

12. United Kingdom Energy Storage Systems Market Overview

13. Italy Energy Storage Systems Market Overview

14. Rest of Europe Energy Storage Systems Market Overview

16. Competitive Landscape

17. Company Profiles

18. Key Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/h4wczt/europe_energy

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Topics: Energy
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