Energy Storage
Energy Storage program area includes Batteries, Grid Stabilization and other Emerging Technologies evolving for Energy Storage.
At Frost & Sullivan, we have a dedicated team tracking the developments in these verticals, and offer Syndicated research services; Customized research, Strategic consulting, and Growth Opportunity Analysis workshop that help clients come up with the multiple changes happening in this dynamic market. Research in the battery industry tracking back to the past 2 decades, offers us the distinct advantage of strong understanding of market evolution in this domain.
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28 Mar 2018 | Global | Market Research
Global Residential Battery Energy Storage Market, Forecast to 2022
With Increasingly Favourable Market Conditions, Rapid Price Reductions and Rampant Technological Innovation, the Global Residential Battery Storage Market Will Show Dramatic Growth Till 2022
The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithiu...
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24 Aug 2018 | Global | Market Research
Global Motive Lead-Acid Battery Market, Forecast to 2024
Despite Penetration from Lithium-ion, Lead-acid Battery Will Dominate Deep Cycle Application
The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...
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22 Nov 2018 | Global | Market Research
Global Battery Management Systems Market, Forecast to 2024
Rising Adoption of Electric Vehicles and Increasing Popularity of Renewable Energy Integration Drives BMS Demand
Battery management systems (BMS) are critical to ensure the safe and reliable operation of batteries, especially in advanced applications. The BMS market mirrors the growth of the battery market, and it is expected to grow steadily throughout the forecast period due to the increasing adoption of electric vehicles (xEVs), rising popularity of batter...
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14 May 2019 | Global | Frost Radar
Frost Radar in the Battery Energy Storage Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
The global battery energy storage industry is predicted to have double-digit growth, and this will be driven by both front of the meter and behind the meter applications. Falling battery costs, increased grid modernization initiatives, rapid growth in variable renewable energy generation, participation of battery storage in various wholesale electr...
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23 May 2019 | Global | Market Research
Growth Opportunity Analysis of the Global UPS Battery Market, 2018
Commercial and Data Center UPS Drive Battery Demand
Majority of the UPS systems has battery to store energy that will be used during power outage. The stationary lead-acid battery is the predominant battery chemistry used in these UPS, while lithium ion is the emerging chemistry that is revolutionizing the industry. Among the UPS applications, the role of batteries in commercial, industrial, data ce...
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06 Dec 2019 | Global | Frost Radar
Frost Radar in the Global Lithium-Ion Battery Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
Global lithium-ion battery market revenue is expected to increase at an impressive 17.9% compound annual growth rate from 2018 to 2025. Market growth is fueled by rising demand for energy storage around the world, electric vehicle production, and demand for industrial power tools and electric forklifts. Technological advancements have allowed batte...
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20 Dec 2019 | Global | Technology Research
Disruptive Battery Storage Technologies
Novel Battery Technologies Beyond Lithium-ion Chemistry are Expected to Disrupt the Battery Market in the Next Decade
The widespread deployment of batteries in power systems and transportation applications is expected to face challenges related to the raw material supply chain and the environmental impact of the materials. Current energy storage systems are expensive and difficult to scale, mainly due to the cost and performance of the battery chemistry. The cutt...
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30 Mar 2020 | Global | Market Research
Global Ultracapacitor Market, Forecast to 2026
Adoption of Electric Vehicles Contributes to Strong Revenue Growth, While the Mature Consumer Electronics Vertical Drives Volumes
Ultracapacitors are energy storage devices that are best suited for high-impulse power. As ultracapacitors have a small storage capacity, they are usually used to complement another energy storage device (mostly batteries). Ultracapacitors find profound applications in consumer electronics devices, such as laptops, smartphones, smart toys, video re...
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Increasing electricity costs and grid demand charges, declining feed-in tariffs, and declining technology and projects costs all mean that energy storage is becoming a much more attractive proposition for consumers from household to heavy industry. The market has enjoyed high growth rates since 2015, but the volume of installations is still only a ...
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21 Dec 2020 | Global | Technology Research
Technological Advancements in Solid State Batteries for Electric Vehicles
Game-Changing Solid-state Batteries Will Push the Future Electric Vehicles to the Next Level
Technological Advancements in Solid-state Batteries for EVs The trend of decarbonization of the global automotive sector has been the main factor driving the research on novel battery materials, owing to their prominence as a key enabling technology for the electrification of the transportation sector. Li-ion batteries have become synonymous to EV...
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