The Global Energy Storage Battery Market size is projected to be worth USD 7.99 billion by 2025 from USD 3.19 billion in 2017 and driven by the increasing need for reliable and flexible smart grid systems. Energy storage deployments have increased significantly over the past few years in conformity with the smart city initiatives, thus, driving the demand for smart power grids.
North America dominated the global Energy Storage Battery Market with 609.9 MW installed in 2017. The US region is expected to be a leader within the global Energy Storage Battery Market over the forecast period. On the other hand, Asia Pacific which accounted for 36.7% of the total installations in 2017 is likely to witness the fastest growth up to 2025 due to huge investments made by various governments in this sector to integrate sustainable energy storage solutions.
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This initiative has received overwhelming support from the regulatory bodies of various nations across the world. In 2015, abiding with the state policies, the US Energy Storage Market expanded three times than the previous year due to increasing installations in residences. However, this is miniscule compared the total energy produced in the country. This implies the availability of tremendous opportunities for the Energy Storage Market in the near future. Based on our study, the US Battery Energy Storage Market is estimated to be worth USD 5.09 billion by 2025.
Similarly, the adoption for grid technology to store generated electricity across borders has increased. Initiatives by governments to reduce the losses incurred due to the loss of electricity generated coupled with initiatives for electrification, especially in developing countries, is expected to drive the demand for energy storage batteries. Electricity storage is anticipated to play a crucial role as an enabler in the next phase of the energy transition.
Energy storage batteries help in rapid decarbonization in segments where these systems are used. In the transport sector, usage of battery energy storage in electric vehicles (EVs, HEVs and PHEVs) has been improving rapidly and the trend is anticipated to continue over the forecast period. Batteries are being increasingly installed in homes as they help in providing socio-economic benefits with fewer power outage interruptions. This scenario holds weightage despite the dependency of a home on electricity grid and/or renewable energy. In fact, installations of residential energy storage battery is expected to increase rapidly over the next seven years at an anticipated CAGR of 50.1% globally.
Lithium-ion, vanadium redox flow, and zinc-bromine flow are some of the widely used energy storage batteries across various industries. The usage of each of these battery types is determined by numerous factors such as energy density, discharge cycles, and maintenance among other factors. Batteries such as lithium-ion are used widely in consumer electronics, whereas vanadium redox flow batteries are installed in applications requiring multitudes of uninterrupted power supply such as a manufacturing area/district within a city.
The competitive landscape of the global Energy Storage Battery Market is marked by the presence of players catering to consumers locally as well as internationally.
Companies including:
- NGK Insulators Ltd.
- Sungrow-Samsung SDI Energy Storage Power Supply Co.,
- SMA Solar Technology AG,
- Aggreko,
- SOCOMEC,
- ABB,
- AEG Power Solutions,
- Tesla Energy Operations Inc. (SolarCity)
- ZEN
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Key segments of the global Energy Storage Battery Market:
Battery Energy Storage Market Type Overview, 2013-2025 (USD Million) (MW)
- Lithium-ion battery
- All-vanadium flow battery
- Zinc-bromine flow battery
- Others
Battery Energy Storage Market Application Overview, 2013-2025 (USD Million) (MW)
- Utility solution
- Residential solution
- Non-Residential solution
Battery Energy Storage Market Regional Overview, 2013-2025 (USD Million) (MW)
- North America
- US
- Europe
- UK
- Ireland
- Spain
- Italy
- France
- Germany
- Asia Pacific
- South Korea
- Japan
- India
- Australia
- Latin America
- Brazil
- Mexico
- Chile
Major Points from TOC of Energy Storage Battery Market:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
- Research approach
- Scope, definition, and assumptions
- Data sources
Chapter 3. Battery Energy Storage Market Outlook
- Porter’s Five Forces’ analysis
- Value chain analysis
Chapter 4. Energy Storage Battery Market Overview, By Type
- Lithium-ion battery
- Introduction
- Key trends
- Battery Energy Storage Market drivers
- Battery Energy Storage Market restraints
- Battery Energy Storage Market opportunities
- All-vanadium flow battery
- Zinc-bromine battery
Chapter 5. Energy Storage Battery Market Overview, By Application
- Utility solutions
- Residential solutions
- Non-residential solutions
Chapter 6. Energy Storage Battery Market Overview, By Region
Chapter 7. Battery Energy Storage Market Structure
Company market share, 2016
Strategic framework
Chapter 8. Company Profiles
…..Continued
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List of Tables present in the Energy Storage Battery Market report:
- Key highlights of the global energy storage battery market
- List of other vendors
List of Figures present in the Battery Energy Storage Market report:
- Battery Energy Storage Market segmentation
- Research Programs/Design
- Porter’s Five Forces’ analysis
- Global Energy Storage Consumption and Growth Rate Comparison by Types (2013-2025) (MW)
- Global Energy Storage Consumption and Growth Rate Comparison by Types (2013-2025) (USD Million)
- Global Energy Storage Consumption and Growth Rate Comparison by Application (2013-2025) (MW)
- Global Energy Storage Consumption and Growth Rate Comparison by Application (2013-2025) (MW)
- Global Energy Storage Consumption and Growth Rate Comparison by Region (2013-2025) (MW)
- Global Energy Storage Consumption and Growth Rate Comparison by Region (2013-2025) (USD Million)
- Major players manufacturing bases and geographic presence
- U.S. Operational Energy Storage Projects (2013-2018)
- South Korea Operational Energy Storage Projects (2013-2018)
- Japan Operational Energy Storage Projects (2013-2018)
- Italy Operational Energy Storage Projects (2013-2018)
- India Operational Energy Storage Projects (2013-2018)
- Germany Operational Energy Storage Projects (2013-2018)
- France Operational Energy Storage Projects (2013-2018)
- Australia Operational Energy Storage Projects (2013-2018)
- Global Energy Storage Consumption and Market Share by Types (2013-2018)
- Global Energy Storage Revenue and Market Share by Types (2013-2018)
…..Continued
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The global fitness equipment market size is anticipated to witness 3.6% CAGR over the forecast period due to increasing obesity and health related issues.
Obesity is a major concern in developing and developed countries.
As a result, a large number of people are being advised to go for a strict exercise regimen.
USA has the highest percent of obese people, approximately 38% of the total population are obese and this rate of obesity is anticipated to rise in the coming years.Rising awareness about fitness and good health among youth and old age groups has been the major factor for the growth of fitness equipment market and the trend is expected to continue over the forecast period.
Cardiovascular Training Equipment helps in maintaining the health of the heart and in burning calorie.
Initiatives by several local regulatory bodies to promote health of their population is also driving the establishment of fitness clubs, thereby augmenting market growthThe competitive landscape of the global fitness equipment market is growing and these are some top players of the industry such as Exigo, Brunswick Corporation, Precor, Core Health and Fitness LLC, Johnson Health Tech Co. Ltd., TRUE Fitness Technology, IncPlease a direct purchase order @ https://www.adroitmarketresearch.com/researchreport/purchase/18Key segments of the global fitness equipment marketType Overview, 2017-2025 (USD Million)Strength Training EquipmentCardiovascular Training EquipmentEllipticalRowing machineStationary bikeTreadmillsOther Cardiovascular Training EquipmentOther equipmentEnd User Overview, 2017-2025 (USD Million)Health Clubs/GymsHome ConsumerOther End-UsersHotelsCorporate OfficesHospitals & Medical CentersPublic Institutions (Schools, Universities, and Others)Regional Overview, 2017-2025 (USD Million)North AmericaUSCanadaMexicoEuropeGermanyUnited KingdomFranceSpainRussiaAsia PacificChinaJapanIndiaAustraliaSouth AmericaBrazilArgentinaMiddle East & AfricaSouth AfricaAbout Us:Adroit Market Research ( https://www.adroitmarketresearch.com ) is an India-based business analytics and consulting company incorporated in 2018.
In our aim to provide our erudite clients with the best research material with absolute in-depth information of the market, our new report on Global Hormone Replacement Therapy (HRT) Market is confident in meeting their needs and expectations.
The 2018 market research report on Global Hormone Replacement Therapy (HRT) Market is an in-depth study and analysis of the market by our industry experts with unparalleled domain knowledge.The report will shed light on many critical points and trends of the industry which are useful for our esteemed clients.
The report covers a vast expanse of information including an overview, comprehensive analysis, definitions and classifications, applications, and expert opinions, among others.
With the extent of information filled in the report, the presentation and style of the Global Hormone Replacement Therapy (HRT) Market report is a noteworthy.Download a PDF Sample of this ReportThe Global Hormone Replacement Therapy (HRT) Industry report provides key information about the industry, including invaluable facts and figures, expert opinions, and the latest developments across the globe.
Not only does the report cover a holistic view of the industry from a global standpoint, but it also covers individual regions and their development.
Accurate forecasts and expert opinion from credible sources, and the recent R development in the industry is also a mainstay of the Hormone Replacement Therapy (HRT) Market report.Access the complete report with TOC & List of TablesThe report also focuses on the significance of industry chain analysis and all variables, both upstream and downstream.
Reduced wastage, precise & even spraying, quick & hands-free application and longer shelf life are some of the features that have increased the usage of aerosols over the years especially in personal care & cosmetic products industry.
Rising awareness regarding hygiene and product that can be conveniently used are playing an important role in consumers’ decision making capacity.With the advent of various technological advancements to produce low cost, VOC-free, and low global warming potential (GWP) products, the demand for aerosols is expected to increase in the near future.
This is expected to provide new growth opportunities to this market.
Apart from this, aerosols are also extensively used in products such as pastes, shaving foams, deodorants, gels, paints and food products such as cheese and cream.Read details of the report at: https://www.adroitmarketresearch.com/industry-reports/us-aerosols-marketHair care industry consists of huge array of products out of which hair sprays and foams are the most popular and used products.
But they also have a global presence due to their extensive product portfolio and strategies they follow to stay competitive.Key industry leaders are diverting their attention towards new product innovations, especially in personal care sector, and this factor is expected to promote the U.S. aerosol market growth.
The willingness of companies to enter untapped niche application segments are expected to redefine the shape of the U.S. aerosol market over the next few years.Key segments of the U.S.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
Orbis Research adds “Global Propanediol Sales Market” Research Report with Economic Impact, Future Scope & Scenario to Its Database.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2209037?utm_source=kmOrbis Research always aims to bring their clients the best research material and in-depth analysis of the information for any market.
This new report Global Propanediol Sales Market for 2018 aims to fulfill the needs of the clients looking for a fresh outlook towards the Global Propanediol Sales Market, or fill in the knowledge gaps with the data available in the report.
The clients will find the report complete in all aspects as it covers all key components with valuable statistics and expert opinions in all regards.The Global Propanediol Sales Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendencies.
The report also contains key values and facts of the Global Propanediol Sales market in terms of value and volume, sales and its growth rate, and revenue and its growth rate.Browse the complete report @ http://www.orbisresearch.com/reports/index/global-propanediol-sales-market-2018-industry-trend-and-forecast-2025?utm_source=kmOne of the major mainstays of the Global Propanediol Sales Industry report is the coverage on the competition.
The report covers all key parameters such as market share, revenue generation, new products or marketing strategies of the competition, latest R, and market expert comments, along with the contact information.
Key market trends, expert opinions, and a well curated forecast are all included in Global Propanediol Sales Market report.Also, some key information such as the cost analysis, industrial chain, sourcing strategy, distributors, marketing strategy, and factor analysis of the Propanediol Sales Market are all a part of the report.
This report studies the market size of Global Earplug Market in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Earplug in these regions.This research report categorizes the global Earplug market by players/brands, region, type and application.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.In 2017, the global Earplug market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018.
The objectives of this study are to define, segment, and project the size of the Earplug market based on company, product type, application and key regions.Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/2282844The various contributors involved in the value chain of Earplug Market include manufacturers, suppliers, distributors, intermediaries, and customers.The key manufacturers in the Earplug Market include3MHoneywellOhropaxMoldexWestoneALPINEMack’sDAP World, IncEtymoticComfoor B.V.Uvex safety groupRadians CustomLa TenderNoise Busters DirectJinhua BaidunDongguan YingfaBengbu HucongSHUERKEEarplug Market Size Split by TypePU-foam EarplugPVC-foam EarplugSilicone Rubber EarplugTPE-foam EarplugWax EarplugsOthersEarplug Market Size Split by ApplicationMusicRoadIndustrial productionSwimSleepingOtherBuy this report @ http://www.orbisresearch.com/contact/purchase/2282844Market size split by Region:North America: United States, Canada, MexicoAsia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, VietnamEurope: Germany, France, UK, Italy, Spain, RussiaCentral & South America: Brazil, Rest of Central & South AmericaMiddle East & Africa: GCC Countries, Turkey, Egypt, South AfricaThe study objectives of Earplug Market report are:To study and analyze the global Earplug market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.To understand the structure of Earplug market by identifying its various subsegments.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).Focuses on the key global Earplug manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Earplug with respect to individual growth trends, future prospects, and their contribution to the total market.To project the value and volume of Earplug submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.In this study, the years considered to estimate the market size of Earplug are as follows:History Year: 2013-2017Base Year: 2017Estimated Year: 2018Forecast Year 2018 to 2025This report includes the estimation of market size for value (million US$) and volume (K Units).
Both top-down and bottom-up approaches have been used to estimate and validate the market size of Earplug market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type and application, 2017 is considered as the base year.
