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Modern technologies have taken the man-machine relationship to a whole new level. It has played its hand in interpersonal relationships. Long gone are the days where love used to happen at first sight. Only a nucleus of millennials has experience in writing love letters or sending cards to their loved ones. The introduction of Tinder in 2012 has served its purpose of love-matching pretty well. People were fed up with overflowing ads and bugs in various platforms, and Tinder found its sweet spot in the market quickly by offering an authentic dating platform. It rocketed social dating to a whole new level in a convincing way read more..
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The Global Grid-Scale Battery Storage Technologies Market size is estimated to be USD 2.11 billion in 2019 and is predicted to reach USD 4.40 billion by 2030 with a CAGR of 6.9% from 2020-2030.Grid-Scale Battery Storage Technologies allows the storage of electricity in grids which can be used later for various purposes.
Mostly used chemicals in the batteries are lithium-ion and every chemicals and batteries have their unique advantages and disadvantages over the other and have different capacity for energy storage and supply.Access Full Description of this report at:- https://www.nextmsc.com/report/grid-scale-battery-storage-technologies-marketTop Companies: NGK Insulators Ltd., Tesla, ABB Group, Sumitomo Electric Industries, Ltd., LG Chem Ltd., Electrovaya, Samsung SDI Co. Ltd., Panasonic Corporation, BYD Co. Ltd., GS Yuasa Corporation, Hitachi Ltd, General Electric and others.The global grid-scale battery storage technologies market share is analyzed on the basis of battery, application and geography.
On the basis of battery, the market is segmented into lead-acid batteries, lithium-ion batteries, sodium-based batteries, flow batteries, and others.
On the basis of application, the market is divided into power generation support - load levelling & grid stabilisation, renewable energy integration/ accommodation of renewables, transmission & distribution support, and distributed power generation and end-user support.
Moreover, presence of developed infrastructure and technological advancement with increased adoption of renewable energy is further expected to drive the growth grid-scale battery storage technologies market.
Asia Pacific is expected to show rapid growth with increase in market share owing to the increased adoption of electrical vehicle with increase in energy prices.