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Li-Ion Battery Market for Energy Storage Systems in the US - Technavio Publishes Trends, Challenges & Growth Prospects
[June 10, 2015]

Li-Ion Battery Market for Energy Storage Systems in the US - Technavio Publishes Trends, Challenges & Growth Prospects


Technavio has published a new report on the li-ion battery market for energy storage systems in the US, which is expected to grow at a CAGR of nearly 25% from 2015-2019.

Li-ion battery market segmentation by technology and geography

Technavio's report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation by technology, including li-ion batteries, lithium iron phosphate (LiFePO4), lithium-ion titanate (LTO), lithium polymer (LiPo), lithium/manganese dioxide (Li/MnO2) and lithium nickel cobalt aluminum (LiNiCoAlo2).

Additionally, analysts have segmented market projections by key geography, focusing on West Virginia, Illinois, and California.

"In centralized power plants, a huge amount electricity is lost during power transmission, which has led to the emergence of decentralized power generation, which generates power from renewable energy sources like wind and solar," says Faisal Ghaus, Vice President of Technavio.

Li-ion Batteries: Market scope and calculation of market size



This report covers the present scenario and growth prospects for the li-ion battery market for energy storage systems in the US from 2015-2019. To calculate the market size, we have considered the overall Li-ion battery based ESS installation across the country.

Industry analysis includes:


  • Key Vendors:
    • A123 Systems LLC
    • Build Your Dream Ltd.
    • Kokam Co. Ltd.
    • LG Chem
    • SAFT
  • Market Growth Drivers:
    • Increased demand for Li-ion batteries in grid energy storage
    • Need to reduce power blackout
  • Market Challenges:
    • High initial investment
    • Safety concerns
  • Market Trends:
    • Growing demand for decentralized power generation
    • Help in implementing electric grid expansion

View the li-ion battery market for energy storage systems in the US report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the li-ion battery market:

If you are interested in more information, please contact our media team at [email protected].


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