Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery. Energy comes in multiple forms including radiation, chemical, gravitational potential, electrical potential, electricity, elevated temperature, latent heat and kinetic. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms. Some technologies provide short-term energy storage, while others can endure for much longer. Bulk energy storage is currently dominated by hydroelectric dams, both conventional as well as pumped. Interest in long duration energy storage is rising as the rapid growth of variable output renewables continues and issues with grid stability and efficiency become more tangible for grid operators.
In 2018, the global Long Duration Energy Storage System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Long Duration Energy Storage System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Long Duration Energy Storage System development in United States, Europe and China.
The key players covered in this study
GE
ABB
Highview Power
Linde
Messer
Viridor
Heatric
Samsung SDI
Hitachi
Fluence Energy
LG Chem
Panasonic
MAN
ESS, Inc
Dalian Rongke Power
BYD
Saft Batteries
Lockheed Martin Energy
LSIS
Kokam
Atlas Copco
Cryostar
Chart
Younicos
NGK
SMA Solar Technology
Primus Power
Market segment by Type, the product can be split into
Pumped Storage
LAES
CAES
Molten Salt Energy Storage
Flow Batteries Energy Storage
Li-Ion Batteries Energy Storage
Power-to-Gas Technology
Others
Market segment by Application, split into
Power Plant
Utility Scale
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Long Duration Energy Storage System status, future forecast, growth opportunity, key market and key players.
To present the Long Duration Energy Storage System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Long Duration Energy Storage System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Long Duration Energy Storage System. Industry analysis & Market Report on Long Duration Energy Storage System is a syndicated market report, published as Global Long Duration Energy Storage System Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Long Duration Energy Storage System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.