Global Solar Batteries Market 2016-2020

  • ID: 3987881
  • Report
  • Region: Global
  • 83 pages
  • TechNavio
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FEATURED COMPANIES

  • A123
  • Betta Batteries Europe
  • China Shoto
  • EverExceed Corporation
  • GS Yuasa
  • LG Chem
  • MORE
About Solar Batteries

Batteries generally refer to the technologies that are used for energy storage, which can be utilized later during power shortages, blackouts or during peak demand. These technologies mainly include pumped-hydro storage systems, advanced batteries, flywheels, and other evolving technologies. Solar batteries with solar PV systems can be connected to the grid or can be off-grid. Off-grid energy storage systems that are meant for standalone power systems are used to complement diesel generators or intermittent renewables sources by providing backup during low voltage or power outages.
The analysts forecast the global solar batteries market to grow at a CAGR of 16.36% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global solar batteries market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of solar batteries in the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Solar Batteries Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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
- East Penn Manufacturing
- Exide Technologies
- GS Yuasa
- LG Chem
- Samsung SDI

Other prominent vendors
- A123
- Alpha Technologies
- BAE Batterien GmbH
- Battery Energy Power Solutions
- Betta Batteries Europe BV
- BYD
- C&D TECHNOLOGIES, INC
- China Shoto
- EnerSys
- EverExceed Corporation
- EverExceed Industrial Company
- FIAMM
- HBL Power Systems Limited
- HOPPECKE Batterien
- SAFT
- Storage Battery Systems
- SYSTEMS SUNLIGHT
Market drivers
- Growing rural electrification
- For a full, detailed list, view the full report

Market challenges
- Intermittent nature of solar power
- For a full, detailed list, view the full report

Market trends
- Increasing renewable energy investments
- For a full, detailed list, view the full 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?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • A123
  • Betta Batteries Europe
  • China Shoto
  • EverExceed Corporation
  • GS Yuasa
  • LG Chem
  • MORE
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
  • Global solar PV market: An overview
  • Global battery market: An overview
Part 05: Market landscape
  • Market overview
  • Market size and forecast by revenue
  • Five forces analysis
Part 06: Market segmentation by battery technology
  • Global solar batteries market by battery technology 2015-2016
  • Lithium-ion batteries
  • Lead-acid batteries
  • Sodium-based batteries
Part 07: Geographical segmentation
  • Global solar battery market by geography
  • Solar batteries market in Americas
  • Solar battery market in EMEA
  • Solar battery market in APAC
Part 08: Key leading countries

Part 09: Market drivers
  • Growing rural electrification
  • Increasing solar energy consumption and installation
  • Change in global energy mix
  • Growth in demand from telecom sector
Part 10: Impact of drivers

Part 11: Market challenges
  • Intermittent nature of solar power
  • Reduction in subsidies
  • Concerns over recycling of batteries
Part 12: Impact of drivers and challenges

Part 13: Market trends
  • Reduction in solar PV cost
  • Increasing deployment of microgrids
  • Increasing renewable energy investments
Part 14: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
Part 15: Key vendor analysis
  • East Penn Manufacturing
  • Exide Technologies
  • GS Yuasa
  • LG Chem
  • Samsung SDI
Part 16: Appendix
  • List of abbreviations
Part 17: About the Author

List of Exhibits
Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Advantages and disadvantages of solar energy systems
Exhibit 04: Segmentation of solar battery market
Exhibit 05: Global solar battery market 2015-2020 ($ billions)
Exhibit 06: Typical off-grid power system
Exhibit 07: Typical solar battery system diagram
Exhibit 08: Five forces analysis
Exhibit 09: Global solar battery market by battery technology 2015-2020 (%)
Exhibit 10: Global solar batteries market by battery technology 2015-2020 ($ billions)
Exhibit 11: Global solar battery market by Lithium-ion batteries 2015-2020 ($ billions)
Exhibit 12: Global solar battery market by LAB 2015-2020 ($ billions)
Exhibit 13: Global solar battery market by sodium-based battery technology 2015-2020 ($ billions)
Exhibit 14: Global solar battery market by geography 2015-2020 (%)
Exhibit 15: Global solar battery market by geographical segmentation 2015-2020 ($ billions)
Exhibit 16: Solar batteries market in the Americas 2015-2020 ($ billions)
Exhibit 17: Solar batteries market in EMEA 2015-2020 ($ billions)
Exhibit 18: Solar batteries market in APAC 2015-2020 ($ billions)
Exhibit 19: Distributed PV installed capacity in top 5 US states, 2015
Exhibit 20: Global renewable electric power capacity 2010-2015 (GW)
Exhibit 21: Share of fossil fuels in the global energy mixes 2014 and 2035
Exhibit 22: Access to electricity growth in developing countries 1990-2010 (in millions of people)
Exhibit 23: Mobile cellular subscriptions per 100 people (2010-2015)
Exhibit 24: Estimated global telecom tower installations 2015
Exhibit 25: Impact of drivers
Exhibit 26: Intermittency of solar energy and its impact on power systems
Exhibit 27: Cost of different power systems to provide power to a village
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Solar panel cost 2010-2014 ($/W)
Exhibit 30: Declining trend of Li-ion batteries
Exhibit 31: Global microgrid installed capacity 2015-2020 (GW)
Exhibit 32: LCOE 2013 and 2014 ($/MWh)
Exhibit 33: Renewable energy investment 2011-2015 ($ billions)
Exhibit 34: Other prominent vendors
Exhibit 35: East Penn Manufacturing: Product portfolio
Exhibit 36: Exide Technologies: Product portfolio
Exhibit 37: GS Yuasa: Product portfolio
Exhibit 38: LG Chem: Product portfolio
Exhibit 39: LG Chem: Key news
Exhibit 40: Business segmentation by revenue 2015
Exhibit 41: Samsung SDI: Product portfolio
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FEATURED COMPANIES

  • A123
  • Betta Batteries Europe
  • China Shoto
  • EverExceed Corporation
  • GS Yuasa
  • LG Chem
  • MORE
New Report Released: – Global Solar batteries Market 2016-2020

The author of the report recognizes the following companies as the key players in the global solar batteries market: East Penn Manufacturing, Exide Technologies, GS Yuasa, LG Chem, and Samsung SDI.

Other Prominent Vendors in the market are: A123, Alpha Technologies, BAE Batterien, Battery Energy Power Solutions, Betta Batteries Europe, BYD, C&D TECHNOLOGIES, China Shoto, EnerSys, EverExceed Corporation, EverExceed Industrial Company, FIAMM, HBL Power Systems Limited, HOPPECKE Batterien, SAFT, Storage Battery Systems, and SYSTEMS SUNLIGHT.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is increasing renewable energy investments. The cost of producing electricity using renewable energy is still relatively expensive when compared with conventional power generation. However, renewable technology is maturing, due to which the gap between conventional and renewable fuels has significantly reduced, making them competitive with newly built fossil fuel power plants.”

According to the report, one of the major drivers for this market is growing rural electrification. Electricity consumption is proportionate to the economic development of a country; though the relationship is rather complex, electricity is a pre-requisite for economic growth, as it drives infrastructure and social development.

Further, the report states that one of the major factors hindering the growth of this market is intermittent nature of solar power. With solar power prices spiraling downward, PV adoption has gained traction, leading to a high number of installations over the years. However, the intermittent nature of solar power is a key issue. Power output from solar PV depends on factors such as the efficiency of the panel, solar irradiation, and the degree of shading, which varies according to the time of day and the amount of cloud cover.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • East Penn Manufacturing
  • Exide Technologies
  • GS Yuasa
  • LG Chem
  • Samsung SDI
  • A123
  • Alpha Technologies
  • BAE Batterien
  • Battery Energy Power Solutions
  • Betta Batteries Europe
  • BYD
  • C&D TECHNOLOGIES
  • China Shoto
  • EnerSys
  • EverExceed Corporation
  • EverExceed Industrial Company
  • FIAMM
  • HBL Power Systems Limited
  • HOPPECKE Batterien
  • SAFT
  • Storage Battery Systems
  • SYSTEMS SUNLIGHT
Note: Product cover images may vary from those shown
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