Global Energy Storage for Microgrid Market By Type (Li-ion Battery and Lead Acid Battery), By Applications (Peak Hour Shaving, Volt Ampere Reactive Services, and Black Start), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI125219 | Publish Date: November 2023 | No. of Pages: 145

Global Energy Storage For Microgrid Overview

Global energy storage for microgrid market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.

The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.

In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.

The global energy storage for microgrid market report segments the market on the basis of type, application, and region.

Global Energy Storage For Microgrid Competitive Landscape & Key Players

Key players in the global energy storage for microgrid market include:

  • ABB Ltd.
  • EnStorage, Inc.
  • General Electric Company
  • NEC Corporation
  • S&C Electric Co.
  • Toshiba Corp.
  • Ampard AG 
  • Aquion Energy, Inc.
  • Greensmith Energy Management Systems, Inc. 
  • Green Energy Company

Prophecy Market Insights offers required customization on this report according to specific business requirements.

FAQs

The energy storage for microgrid market report segmented into type, application, and region.

Driving factors in the Energy Storage for Microgrid Market include the increasing demand for reliable power supply, integration of renewable energy sources, and the need for efficient energy management in microgrid systems.

Global restraints in the Energy Storage for Microgrid Market involve high initial costs, limited awareness, and regulatory challenges associated with microgrid deployment.

The report covers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The region expected to dominate the Energy Storage for Microgrid Market is Asia Pacific, projected to witness a significantly high revenue share over the forecast period.

The key players operating in the target market include ABB Ltd., EnStorage, Inc., General Electric Company, NEC Corporation, S&C Electric Co., Toshiba Corp., Ampard AG, Aquion Energy, Inc., Greensmith Energy Management Systems, Inc., and Green Energy Company.