Increased Investments by Market Vendors Will Boost the Li-ion Battery Market for ESS in EMEA Through 2019

FOR IMMEDIATE RELEASE, Illinois – United States – July 13,2015 (PR Buzz):Reportstack has announced a new market research report on  the Li-ion battery market for ESS in EMEA, which is expected to grow at a CAGR of over 31% from 2015-2019.

About the Report

The report indicates that the demand for Li-ion batteries in grid energy storage has experienced strong growth because of increased fluctuations in supply and demand for electricity. Li-ion batteries can store excess power and make it available during peak hours.

“With increased growth in renewable energy production, especially in wind and solar energy, the need for grid energy storage has increased,”.

Complete report available @ Li-ion Battery Market for ESS in EMEA 2015-2019.

The report also emphasizes energy storage system (ESS) and their benefits, which include a reduction in the number of outages and increased reliability and efficiency of the power grid.

“Many areas in the Middle East and Africa frequently experience issues like power outages and inconsistent power supplies, which can be addressed with the help of energy storage system,”.

Market Scope and Calculation of Market Size

The new report covers the present scenario and growth prospects of the Li-ion battery market for ESS in EMEA from 2015-2019. To calculate the market size, we consider the overall Li-ion battery based ESS installation across EMEA.

Key Information Covered in the Report:

Key Vendors:

A123 System LLC
BYD Co.
Kokam Co. Ltd.
LG Chem Ltd.
Panasonic Corp.
Saft SA

Market Growth Drivers:

Increased Investments by Market Vendors
For a full detailed list, view our report.

Market Challenges:

High Initial Investment
For a full detailed list, view our report.

Market Trends:

Growing demand for decentralized power generation
For a full detailed list, view our report.

Contact:

Debora White
Manager - Marketing 
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Ph: +1-888-789-6604
Reportstack Market Research
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