New York, April 30, 2018: The scope of the report includes a detailed study of Battery Energy Storage System Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report ABB Ltd., General Electric Co., Tesla Motors Ltd, and Siemens AG. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Battery Energy Storage System Market is expected to exceed more than US$ 9 Billion by 2024 at a CAGR of 34% in the given forecast period.

    The major opportunities factor of Battery Energy Storage System Market are as follows:

    • Increasing Focus on Rural Electrification Worldwide
    • Development of Molten-Salt Battery Technology

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    The Battery Energy Storage System Market has been segmented as below:

    By Type:

    • Lithium-Ion Batteries
    • Sodium-Sulphur Batteries
    • Advanced Lead-Acid Batteries
    • Flow Batteries

    By Connection Type:

    • On-Grid
    • Off-Grid

    By Application Type:

    • Residential
    • Non-Residential
    • Utilities

    By Ownership Type:

    • Customer Owned
    • Third-Party Owned
    • Utility Owned

    By Element Type:

    • Battery
    • Hardware

    The Battery Energy Storage System Market is segmented on the lines of its type, connection, application, ownership, element and regional. Based on type it Lithium-Ion Batteries, Sodium-Sulphur Batteries, Advanced Lead-Acid Batteries and Flow Batteries. Based on connection it covers On-grid and off-grid. Based on application it covers Residential, On-Residential and Utilities. Based on ownership Customer Owned, Third-Party Owned and Utility Owned. Based on element it covers Battery and Hardware. The Battery Energy Storage System Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for Battery Energy Storage System Market and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Battery Energy Storage System Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

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    Table of Contents

    1.  Introduction
      1.1    Key Findings
      1.2    Report Description
      1.3    Markets Covered
      1.4    Stakeholders
    2.  Research Methodology
      2.1    Research Data
      2.2    Market Size Estimation and Data Triangulation
      2.3    Research Assumptions
    3.  Summary with Insights
    4.  Market Overview
      4.1    Introduction
      4.2    Drivers
      4.3    Restraints
      4.4    Industry Trends
      4.5    Porter’s Five Forces Analysis
    5.  Battery Energy Storage System Market Analysis, By Type
    6.  Battery Energy Storage System Market Analysis, By Connection
    7.   Battery Energy Storage System Market Analysis, By Application
    8.  Battery Energy Storage System Market Analysis, By Ownership
    9.  Battery Energy Storage System Market Analysis, By Element
    10.   Battery Energy Storage System Market Analysis, By Region
    11.   Competitive Overview
    12.   Company Profiles
      12.1    ABB
      12.2    LG Chem
      12.3    NEC
      12.4    Panasonic
      12.5    Samsung SDI
      12.6    AEG Power Solutions
      12.7    General Electric
      12.8    Hitachi
      12.9    Siemens AG
      12.10    Tesla

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    Source: http://www.financeswire.com/battery-energy-storage-system-market-research-share-analysis-and-trends-by-2023