North America Grid Scale Energy Storage Market (2019-2025)


Posted October 23, 2019 by SixWresearch

North America Grid Scale Energy Storage Market size is anticipated to register growth during 2019-25.

 
By Storage(Battery Storage, Flywheel Energy Storage, Pumped Hydroelectric Power Storage, Thermal Energy Storage, Compressed Air), By Applications(EV Charging, UPS, Renewable Energy Integration, Micro Grids & Other Applications), By Countries(United States, Canada & Rest Of North America) And Competitive Landscape.

According to 6Wresearch, North America Grid Scale Energy Storage Market size is anticipated to register growth during 2019-25. In the overall North America Grid Scale Energy Storage market, the United States has captured a major share of market revenue pie in 2018 and is expected to lead throughout the forecast period. Additionally, decreasing cost of battery energy storage in past 5 years as well as increasing wind and solar energy projects installations in United States and increasing demand for electricity would fuel the market growth over the next six years.

Increasing demand for flywheel energy storage technology used in electric vehicles coupled with growing preference for electric vehicles over the coming years would propel the market growth of North America grid scale energy storage market. Also, battery storage as well as pumped hydroelectric power storage segment has acquired a majority of the market revenues in 2018 and are expected to be some of the key revenues generating segments during the forecast period.

Market Report : https://www.6wresearch.com/industry-report/north-america-grid-scale-energy-storage-market-2019-2025

Key Highlights of the Report:

North America Grid Scale Energy Storage Market Overview
North America Grid Scale Energy Storage Market Outlook
North America Grid Scale Energy Storage Market Forecast
Historical Data of North America Grid Scale Energy Storage Market Revenues for the Period 2015-2018
North America Grid Scale Energy Storage Market Size and North America Grid Scale Energy Storage Market Forecast of Revenues, Until 2025
Historical Data of North America Grid Scale Energy Storage Market Revenues, by Storage Technology, for the Period 2015-2018.

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Last Updated October 23, 2019