Global Off-grid Energy Storage System Market 2016-2020

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Date: 28-Sep-2016
No. of pages: 73
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About Off-Grid Power Generation Systems

Off-grid power generation systems are generally used when there are capital limitations or the physical landscape makes it tough to have a grid connection. Off-grid energy storage systems are used in localities that are far away from populated areas or cities and not connected to any electricity grid. In these regions, despite the presence of independent power supply providers, electricity is not available 24/7 to consumers. This creates a demand for energy storage systems that aid in storing electricity for future use during power outages.

This analyst forecast the global off-grid energy storage system market to grow at a CAGR of 6.657% during the period 2016-2020.

Covered in this report

This report covers the present scenario and the growth prospects of the global off-grid energy storage system market for 2016-2020. To calculate the market size, the report considers the revenue generated by the demand for energy storage for off-grid systems for application by end-users in each region and their corresponding key countries.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

The report, Global Off-Grid Energy Storage System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Aquion Energy

Green Charge

LG Chem

NEC Energy Solutions

NRG Energy

Other prominent vendors

Amperex Technology

Boston Power

China Aviation Lithium Battery

EnerSys

GE Energy Storage

Mitsubishi Heavy Industries

Primus Power

SAFT

Sumitomo Electric Industries

Toshiba

Xtreme Power

Market driver

Demand for energy storage as distributed generation

For a full, detailed list, view our report

Market challenge

Technological challenges related to batteries

For a full, detailed list, view our report

Market trend

Decline in cost of energy storage systems

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Global Off-grid Energy Storage System Market 2016-2020

Table of Contents

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast by revenue
Five forces analysis
PART 06: Market segmentation by battery technology
Global off-grid energy storage system market by battery technology
Li-ion battery technology
LAB technology
Sodium-based battery technology
PART 07: Market segmentation by geography
Global off-grid energy storage system market by geography
Off-grid energy storage system market in Americas
Off-grid energy storage system market in EMEA
Off-grid energy storage system market in APAC
PART 08: Market drivers
Need for rural electrification
Rise in power consumption
Demand for energy storage as distributed generation
Hike in renewable energy investments
Growth in demand from telecom sector
PART 09: Impact of drivers
PART 10: Market challenges
Reduction in subsidies
Decline in diesel prices
Technological challenges related to batteries
PART 11: Impact of drivers and challenges
PART 12: Market trends
Decline in cost of energy storage systems
Increase in energy storage investments
Emergence of new energy technologies
PART 13: Vendor landscape
Competitive landscape
Other prominent vendors
PART 14: Key vendor analysis
Aquion Energy
Green Charge
LG Chem
NEC Energy Solutions
NRG Energy
PART 15: Appendix
List of abbreviations

List of Exhibits

Exhibit 01: Product offerings
Exhibit 02: Off-grid power system
Exhibit 03: Segmentation of global off-grid energy storage system market
Exhibit 04: Global off-grid energy storage system market 2015-2020 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global off-grid energy storage system market by battery technology 2015 and 2020
Exhibit 07: Global off-grid energy storage system market by battery technology 2015-2020 ($ billions)
Exhibit 08: Global off-grid energy storage system market by Li-ion battery technology 2015-2020 ($ billions)
Exhibit 09: Global off-grid energy storage system market by LAB technology 2015-2020 ($ billions)
Exhibit 10: Global off-grid energy storage system market by sodium-based battery technology 2015-2020 ($ billions)
Exhibit 11: Global off-grid energy storage system market by geography for 2015 and 2020
Exhibit 12: Global off-grid energy storage system market by geography 2015-2020 ($ billions)
Exhibit 13: Off-grid energy storage system market in Americas 2015-2020 ($ billions)
Exhibit 14: Off-grid energy storage system market in EMEA 2015-2020 ($ billions)
Exhibit 15: Off-grid energy storage system market in APAC 2015-2020 ($ billions)
Exhibit 16: Global electrification rate
Exhibit 17: Developing countries with progress in access to electricity 1990-2020
Exhibit 18: DER application and benefits
Exhibit 19: Most commonly used DER
Exhibit 20: LCOE of renewable energy sources 2013-2014 ($/MWh)
Exhibit 21: Renewable energy investment in the US, China, and worldwide 2011-2015 ($ billions)
Exhibit 22: Mobile cellular subscriptions per 100 people 2010-2014
Exhibit 23: Estimated global telecom tower installations
Exhibit 24: Impact of drivers
Exhibit 25: Global pump price for diesel fuel 2004-2014 ($ per liter)
Exhibit 26: Li-ion battery challenges
Exhibit 27: Impact of drivers and challenges
Exhibit 28: Typical PV penetration by system type
Exhibit 29: Aquion Energy: Product segmentation
Exhibit 30: Green Charge: Products and services
Exhibit 31: LG Chem: Business segmentation by revenue 2014
Exhibit 32: LG Chem: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 33: LG Chem: Geographical segmentation by revenue 2014
Exhibit 34: Energy storage products and services
Exhibit 35: Energy grid solutions
Exhibit 36: NRG Energy: Business segmentation by revenue 2014
Exhibit 37: NRG Energy: Business segmentation by revenue 2013 and 2014 ($ billions)
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