Energy storage technologies (EST) are becoming increasingly important for improving the efficiency of electricity grid systems. With an ever larger share of power generation coming from intermittent renewable energy sources, rising commodity prices and escalating energy peak demand in high-growth economies, EST are under the spotlight as potential game changers in the management of power transmission and distribution.
Visiongain calculates that the 2013 global EST market will be worth $4,033m in sales value, project CAPEX and RD&D funds. This includes the market estimates for pumped hydro storage, grid-scale battery, compressed air energy storage (CAES), thermal storage, flywheel, ultracapacitor systems and other niche EST currently at their early development stage.
Learn about the market potential for EST companies in the developed and developing countries, from 2013 onwards. You will see where and how opportunities exist with revealing individual market and capacity forecasts and analysis from 2013-2023 for 11 leading national markets, plus the market for the rest of the world.
Identify who the leading companies are in the energy storage industry Gain a thorough understanding of the competitive landscape with profiles of 5 leading energy storage companies examining their 2012 market spending and market share, capabilities, product portfolios, R&D activity, services, focus, strategies, M&A activity, and future outlook: