/EIN News/ — Dublin, July 07, 2017 (GLOBE NEWSWIRE) — Research and Markets has announced the addition of the “Europe Energy Storage Systems Market (2017-2023): Forecast By Technology, Applications, and Countries” report to their offering.
Europe Energy Storage System market is projected to grow at a CAGR of 14.5% during 2017-2023.
Energy Storage systems are gaining popularity in the Europe due to growing power demand, declining cost of energy storage systems and shift towards more cleaner fuels. Electro-chemical batteries are now mostly used to bridge the power demand and supply gap by storing the renewable energy and managing grid during peak hours instead of using fossil fuels.
However, energy storage systems market is still in its initial phase of deployment in most of the European countries on account of lack of common policy framework across different countries which is creating uncertainties among companies and investors to invest in technologies and R&D.
Power utilities is the biggest application area for energy storage systems as high initial investments are required for large scale storage systems and also these have better access to energy infrastructure. However, energy storage in residential sector is gaining popularity in the European countries such as Germany, Italy and UK due to government subsidy on installing residential solar plus storage systems.
The report thoroughly covers the Europe energy storage systems market by technologies, applications and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Topics Covered:
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Methodology Adopted and Key Data Points
2.5. Assumptions
3. Global Energy Storage Systems Market Overview
3.1. Global Energy Storage Systems Market Revenues, 2015-2023F
4. Europe Energy Storage Systems Market Overview
4.1. Europe Energy Storage Systems Market Revenues, 2015-2023F
4.2. Europe Energy Storage Systems Market Industry Life Cycle
4.3. Europe Energy Storage Systems Market Porter’s Five Forces Model
4.4. Europe Energy Storage Systems Market Revenue Share, By Technology, 2016 & 2023F
4.5. Europe Energy Storage Systems Market Revenue Share, By Applications, 2016 & 2023F
4.6. Europe Energy Storage Systems Market Revenue Share, By Country, 2016 & 2023F
5. Europe Energy Storage Systems Market Dynamics
5.1. Market Dynamics & Impact Analysis
5.2. Market Drivers
5.3. Market Restraints
6. Europe Energy Storage Systems Market Trends
6.1. Growing Solar plus Storage Systems
7. Europe Energy Storage Systems Market Overview – By Technology
7.1 Europe Electro-Chemical Energy Storage Systems Market Revenues
7.2 Europe Mechanical Energy Storage Systems Market Revenues
7.3 Europe Thermal (Molten Salt) Energy Storage Systems Market Revenues
7.4 Europe Other Energy Storage Systems Market Revenues
8. Europe Energy Storage Systems Market Overview- By Applications
8.1 Europe Residential Application Energy Storage Systems Market Revenues
8.2 Europe Power Utilities Application Energy Storage Systems Market Revenues
8.3 Europe Commercial & Industrial Application Energy Storage Systems Market Revenues
8.4 Europe Transportation Application Energy Storage Systems Market Revenues
9. Germany Energy Storage Systems Market Overview
10. France Energy Storage Systems Market Overview
11. Spain Energy Storage Systems Market Overview
12. United Kingdom Energy Storage Systems Market Overview
13. Italy Energy Storage Systems Market Overview
14. Rest of Europe Energy Storage Systems Market Overview
15 Europe Energy Storage Systems Market Opportunity Assessment
16. Competitive Landscape
16.1 Europe Energy Storage Systems Revenue Share, By Company, 2016
16.2 Europe Energy Storage Systems Competitive Benchmarking, By Applications
17. Company Profiles
17.1 Exide Technologies
17.2 Sonnen GmbH
17.3 Younicos AG
17.4 LG Chem Co. Ltd.
17.5 BYD Co. Ltd.
17.6 AES Energy Storage
17.7 Eaton Corporation Plc.
17.8 Samsung SDI
17.9 Saft Groupe S.A
17.10 EnerSys
18. Key Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/s3mpkz/europe_energy
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