Global Energy Storage Market for Renewable Energy Grid Integration 2017-2021: Rise in the Use of Renewable Resources – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Energy Storage Market for Renewable Energy Grid Integration 2017-2021"
report has been added to Research and Markets' offering.

The report forecasts the global energy storage market for renewable
energy grid integration to grow at a CAGR of 32.88% during the period
2017-2021.

The report, Global Energy Storage Market for Renewable Energy Grid
Integration 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.

The latest trend gaining momentum in the market is advances in energy
storage technology. Intelligent energy storage adapts Internet of Things
(IoT) with energy storage technology to improve efficiency. One of the
benefits offered by intelligent energy storage is the increasing
feasibility of integrating renewable energy sources with energy storage
units. This results in energy-saving benefits that can be particularly
attractive to businesses as countries nowadays are pursuing renewable
energy targets.

According to the report, one of the major drivers for this market is the
rise in use of renewable resources. The battery energy storage market
for renewable grid integration is driven by the prerequisite to maintain
grid stabilization and growing integration of renewables such as solar
power and wind power with the electrical grid.

Key vendors

• ABB
• East Penn Manufacturing
• LG Chem
• Robert Bosch
• The AES

Other prominent vendors

• Alevo Group
• Beacon Power
• BYD
• Exide Technologies
• Renewable Energy Systems
• Siemens
• Tesla
• 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 Energy Storage

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/9xgzpf/global_energy

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Topics: Energy
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