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(India.CityRegions.Com, October 12, 2016 ) Off-grid power generation systems are generally used when there are capital limitations or the physical landscape makes it tough to have a grid connection. Off-grid energy storage systems are used in localities that are far away from populated areas or cities and not connected to any electricity grid. In these regions, despite the presence of independent power supply providers, electricity is not available 24/7 to consumers. This creates a demand for energy storage systems that aid in storing electricity for future use during power outages.
Publisher's analysts forecast the global off-grid energy storage system market to grow at a CAGR of 6.657% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-off-grid-energy-storage-system-market-2016-2020 Covered in this report The report covers the present scenario and the growth prospects of the global off-grid energy storage system market for 2016-2020. To calculate the market size, the report considers the revenue generated by the demand for energy storage for off-grid systems for application by end-users in each region and their corresponding key countries.
The market is divided into the following segments based on geography: -Americas -APAC -EMEA
Publisher's report, Global Off-Grid Energy Storage System 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 -Aquion Energy -Green Charge -LG Chem -NEC Energy Solutions -NRG Energy
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001420961/sample
Other prominent vendors -Amperex Technology -Boston Power -China Aviation Lithium Battery -EnerSys -GE Energy Storage -Mitsubishi Heavy Industries -Primus Power -SAFT -Sumitomo Electric Industries -Toshiba -Xtreme Power
Market driver -Demand for energy storage as distributed generation -For a full, detailed list, view our report
Market challenge -Technological challenges related to batteries -For a full, detailed list, view our report
Market trend -Decline in cost of energy storage systems -For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001420961/buying
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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