Global Lead Acid Battery Market for ESS 2015-2019
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Transcript of Global Lead Acid Battery Market for ESS 2015-2019
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Global Lead Acid Battery Market for ESS 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Market highlights
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global Lead Acid Battery Market for ESS 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “An increased number of ESS projects in the US is fueling the growth of the global lead-acid battery market. The inherent benefits of lead-acid batteries have got various power utilities to invest in advanced lead-acid battery technologies.”
• An ESS is used to store surplus electricity that can be utilized during power shortages, blackouts, and peak hours of demand. It is useful when the amount of electricity generated is greater than the demand.Various technologies such as pumped-hydro storage systems, flywheels, lead-acid batteries, advanced batteries (Li-ion), and other evolving technologies such as CAES are available for ESS.
• Technavio's analysts forecast the global lead-acid battery market for ESS to grow at a CAGR of 5% during 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver,
challengeand trend is
available in our report:Global Lead Acid Battery Market for ESS 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Global Lead Acid Battery Market for ESS 2015-2019
Axion Power International
C&D Technologies
EaglePicher Technologies
Axion Power International, formerly known as Tamboril, was established in 2003 through a reverse acquisition with Tamboril Cigar. It is headquartered in New Castle, Pennsylvania, US.
C&D Technologies was established in 1985, and is headquartered in Blue Bell, Pennsylvania, US. It is a technology company that designs, manufactures, and markets a wide range of energy storage and power conversion systems. The company has around 1,500 employees worldwide.
EaglePicher Technologies is headquartered in Joplin, US. The company is a subsidiary of OM Group, a technology-driven diversified industrial company. EaglePicher Technologies is a leading integrated power solutions provider.
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Market Landscape
• ESS play an important role in the power sector.
• These systems provide several benefits across power value chains, from energy generation to transmission and distribution (T&D).
• ESS can be deployed at any part of the power value chain, whether as bulk storage during generation or community storage at the end-customer location.
• Currently, ESS are increasingly being used for integrating with renewable energy.
• The rapid evolution of smart grids has also increased the growth of the ESS market.
• Moreover, increasing population worldwide and economic development have exerted tremendous pressure on power utilities to improve energy efficiency, reduce T&D losses, and decrease GHG emissions.
• With technological evolution, the integration of ESS in the power value chain is rapidly increasing.
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Key Market HighlightsGuest Bloggers
• Authenticity • Delivery • Price• Service
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• The global lead-acid battery market for ESS is highly diverse and hosts many international and domestic players in battery technology.
• This market is vulnerable to various technical and financial challenges, thereby facilitating inorganic growth within the market.
• In this scenario, various vendors are introducing new products to survive in the market.
• The market is highly competitive with all players competing to gain more market share.
• Intense competition, rapid advances in technology, and frequent changes in business dynamics are key factors that confront the market.
• However, advances in battery technology, such as carbon electrode, and the rapidly changing preferences of consumers for other technologies will present significant challenges for lead-acid vendors.
• The market also requires high initial investment, thereby limiting the entry of new players.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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Global Lead Acid Battery Market for ESS 2015-2019
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