The Off-grid Energy Storage System market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Energy storage systems are used to store excess electricity that can be utilized during power shortages, blackouts, and peak hours of demand.
The recent years have seen an exponential growth of the telecom sector across the globe. To support the rapid explosion in traffic and provide better coverage, telecom operators have started installing new base transceiver stations (BTS). This has led to the installation of telecom towers in remote locations, which resulted in the adoption of diesel generators due to unreliable grid connections.
In the global Off-grid Energy Storage System market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
EnerSys
SAFT
Sonnen
NEC Energy Solutions
Sumitomo Electric Industries
Fronius
LG Chem
Aquion Energy
Toshiba
Samsung SDI
Mitsubishi Heavy Industries
ZEN Energy
Enphase
CALB
Market Segment by Product Type
Lithium-ion Battery
Lead-acid Battery
Others
Market Segment by Application
Family Backup Power
Industrial UPS
Unattended Equipment
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Off-grid Energy Storage System market for the forecast period 2020 - 2025?
• What are the driving forces in the Off-grid Energy Storage System market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Off-grid Energy Storage System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?