Grid-scale energy storage refers to the technologies that are used for energy storage system, and this energy can be used in the future during power blackouts, shortages, or during high demand for power supply. Rising needs to enhance the stability, reliability, and resiliency of the electricity grid, and the requirement to integrate the energy produced from renewable sources like solar and wind is the major factor contributing to the growth of the grid-scale energy storage market.
Increasing deployment of renewable energy generation projects, rise in government legislation and programs to mandate the grid-scale energy storage are significantly fueling the growth of the grid-scale energy storage market. Further, growing awareness regarding effective energy consumption along with the increasing demand to save extra energy produced at the grid location with effective load supervision is expected to drive the demand for the grid-scale energy storage market.
The key players profiled in the Grid-Scale Energy Storage Market research study includes:
1. ABB
2. General Electric Company
3. Hitachi, Ltd.
4. Johnson Controls International Plc
5. LG Chem Ltd.
6. Panasonic Corporation
7. S and C Electric Company
8. Saft Groupe S.A.
9. Samsung SDI Co.,Ltd.
10. Toshiba Corporation
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Since, the key findings in the Grid-Scale Energy Storage Market research reports highlight crucial progressive industry trends, it allows the companies across the value chain to develop effective long-term strategies. The clients get to understand a clear picture of the competitors and can develop strategies and modify business expansion plans accordingly. The Grid-Scale Energy Storage Market research reports cover thousands of global players that based on several parameters, such as company revenue, product portfolio, and geographic presence.
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Coverage:
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- Industry Trade Journals and Other Literature
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- News Articles, Press Releases and Web-Casts Specific to the Companies Operating in the Market
NOTE: All the financials considered in Company Profile’s section have been standardized to US$. This has been achieved after converting the financials (for those not in US$) with respective currency exchange rates of the particular year.
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