The Key Players in Lead-acid Battery Market for Energy Storage Systems (ESS) in the US 2015-2019

Friday 28 August 2015, Amsterdam

Market Research Report Press Release The report recognizes the following companies as the key players in the Lead-acid Battery Market for Energy Storage Systems (ESS) in the US: Axion Power International, C&D Technologies, EaglePicher Technologies, Enersys, Exide, Princeton Power Systems, Redflow and Surrette Battery Company

Commenting on the report, an analyst said: “The US installed a battery-based power storage capacity of 6 MW for Q1 2015, which has witnessed a growth from Q1 2014. The rise in investments in ESS are expected to give major boost to the lead-acid battery market in the US. Governments worldwide are investing in charging stations to increase the sustainability of battery-based ESS. The US government is investing in ESS to meet the peak demand in the country at a low cost. The success of battery-based ESS mainly depends on the battery performance and charging infrastructure. Lead-acid batteries need more efficiency and the use of carbon has helped overcome problems related to charging time. Governments worldwide are investing in charging stations to increase the sustainability of battery-based ESS. The US government is investing in ESS to meet the peak demand in the country at a low cost.”

According to the report, ESS are experiencing steady growth worldwide. Rising consumption of lead-acid batteries in ESS ensures continuous power supply, effective distribution-scale energy storage, and energy security. The growth of renewable energy projects and the developments in smart grid technologies are driving the ESS market. The global market for energy storage is forecast to grow in the coming years, with major contributions from the US. The country is currently undertaking many new projects and is seen as the market leader.

Further, the report states that parameters such as efficiency, higher voltage, replacement timeframe, and faster recharge time of Li-ion batteries are driving consumers to opt for Li-ion over lead-acid batteries.

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.
Lead Acid Battery Market for ESS in the US 2015-2019

Lead Acid Battery Market for ESS in the US 2015-2019

Publish date : August 2015
Report code : ASDR-215364
Pages : 88

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