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Battery Energy Storage Market for Renewables - Technavio Unveils Trends, Forecast & Growth ProspectsTechnavio has published a new report on the global battery energy storage market for renewables, which is expected to grow at a CAGR of almost 66% from 2015-2019. Battery energy storage market segmentation including battery 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 for different battery technologies, including Li-ion batteries, lead-acid batteries, sodium-based batteries, and other batteries. Additionally, analysts have segmented market projections by key geography, focusing on the Americas, EMEA, and the APAC region. "The increasing demand for Li-ion batteries is compelling manufacturers to adopt next-generation batteries for renewable energy storage. The Li-ion battery market is evolving by adopting high-energy silicon electrodes instead of conventional graphite ones," says Faisal Ghaus, Vice President of Technavio. Battery energy storage: Market scope and calculation of market size This report covers the present scenaro and growth prospects for the global battery energy storage market for renewables from 2015-2019. To calculate the market size, the report considers the overall energy storage of renewable based on different battery technologies. Industry analysis includes:
View the global battery energy storage market for renewables report. Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the battery market:
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