Energy Storage

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...

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...

25 Jul 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Lithium-ion Battery Market, Forecast to 2025

Electric Vehicles, Energy Storage, and Industrial Applications Boost Demand

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Key Issues Addressed

Increasing use of smartphones that offer the mobile Internet facility loaded with multiple applications has become a way of life around the world. The Asia-Pacific region includes countries with high populations, emerging economies, and increasing urbanization. All this paves the way for higher demand for smartphones and improved telecommunications...

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...

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...

This study analyses the global market for military batteries. It includes revenue forecast, pricing trends, market trends, opportunities, and competitive overview for the period 20092017. The analysis is analysed through two segments; it is categorised by battery chemistry and by end-user application. Geographic region segmentation includes North ...

This research service discusses the current state and future potential of the global industrial batteries market. It provides an in-depth analysis of the industrial batteries used in different applications such as telecom and data communication, UPS/backup, industrial equipment, medical devices, aerospace and defense, grid-level energy storage, and...

This research service covers large-scale grid-storage systems in Asia-Pacific. Pumped hydro energy storage systems constitute the highest market share, followed by battery energy storage systems, and emerging technologies. This is expected to be slowly replaced by large-capacity batteries of lithium-ion, sodium sulfur, and lead acid technologies in...