Global Energy Storage Market for Microgrids to Grow at a CAGR of 16.7% by 2021: Key Vendors are NEC Energy Solutions, NRG Energy, Saft, Samsung SDI & UniEnergy Technologies – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Global
Energy Storage Market for Microgrids 2017-2021” report has been
added to Research and Markets’ offering.

The global energy storage market for microgrids to grow at a CAGR of
16.72% during the period 2017-2021

Global Energy Storage Market for Microgrids 2017-2021, has been prepared
based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the
coming years. The report also includes a discussion of the key vendors
operating in this market.

One trend in the market is rapid advances in technology. The market is
experiencing a radical change as microgrids are being installed where
ever the central grid cannot meet the power demands. The continuous
advances in technology have enhanced the quality of energy production,
thereby helping vendors to introduce microgrids that are more capable,
with better integration ability.

According to the report, one driver in the market is increasing
government support. Natural calamities, such as, earthquakes, storms,
hurricanes, and tornados, annihilate the transmission and distribution
infrastructure, clearly revealing vulnerabilities of the utility grid.
Natural calamities, whether big or small, result in grid failure,
leading to power cuts for millions of people. Power cuts can extend from
a few days to several weeks before the power is completely restored.
Natural calamities create a chaotic environment disrupting power,
interrupting communication and water services, thereby creating a
dangerous period.

Key Vendors

• NEC Energy Solutions
• NRG Energy
• Saft
• Samsung SDI
• UniEnergy Technologies

Other Prominent Vendors

• LG Chem
• Nedap
• Neovoltaic Energy Nantong
• Panasonic
• Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

For more information about this report visit https://www.researchandmarkets.com/research/ngwc34/global_energy

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Topics: Energy
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