Grid-Scale Battery Market by Type, by Ownership-Model, by Application, and Region - Global Forecast to 2023

1. Grid-Scale Battery Market by Type, by Ownership-Model, by Application, and Region - Global Forecast to 2023 www.MarketsandMarkets.com

2. Lithium-ion batteries to hold the largest share of the grid-scale battery market throughout the forecast period Lithium-ion batteries have high energy and power density, which allows these batteries to be lightweight with less standby losses and high life expectancy of 5–15 years with 98% efficiency. In addition, these batteries are lighter in weight than nickel-cadmium and nickel metal-hydride batteries. These features are expected to drive the growth of the grid-scale battery market for lithium-ion batteries. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=93054442

3. Grid-scale battery market for peak shifting applications to grow at a high rate during the forecast period Grid-scale batteries have application in peak shifting, renewable integration, ancillary services, back-up power, and other applications. The grid-scale battery market for peak shifting applications is expected to grow at the highest rate during the forecast period. Peak shifting is a highly cost-effective method of reducing electric utility expenses. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=93054442

4. Browse >> 73market data tables 39figures 139 pagesand in-depth TOC on “Grid-Scale Battery Market by Type, by Ownership-Model, by Application, and Region - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

5. Asia Pacific is expected to dominate the grid-scale battery market during the forecast period. In this report, the grid-scale battery market has been segemented on the basis of region into North America, Europe, Asia Pacific, and RoW. High population in APAC has resulted in the increased demand for energy; this has, in turn, amplified the need for fossil fuels. Moreover, governments of various countries in this region are striving to minimize adverse effects of the energy sector on the environment. These factors are encouraging the deployment of grid-scale batteries in residential and utility applications. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=93054442

6. Target Audience: • The target audience of this report includes: • Transmission and distribution utilities • State and national regulatory authorities • Power generation utilities • Consulting companies and associations in the energy and power sector • Government and research organizations • Grid-scale battery manufacturers • Investment banks • Engineering, procurement, and construction companies in the distribution sector. • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=93054442

7. Key players - • To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Grid-Scale Battery Market , namely: • LG Chem (South Korea), • Samsung (South Korea), • Panasonic (Japan), • Fluence(US), • Tesla (US), • BYD Company (China). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=93054442

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