Market Forecast By Technologies (Electrochemical (Lithium Ion, Lead Acid and Flow Battery & Others), Mechanical (Flywheel), Thermal (Molten Salt) and Others), By Applications (Residential, Commercial & Industrial, Power Utilities and Transportation), By Regions (New South Wales, Victoria, Queensland, South Australia, Western Australia, Tasmania and Northern Territory) and Competitive Landscape.

According to 6Wresearch, the Australia energy storage systems market size is projected to grow at a CAGR of 30.1% during 2017-23. The Government of Australia has its Renewable Energy Target (RET) scheme in place, the aim of which is to increase the energy dependence of the country on renewable sources by setting up multiple renewable energy power projects all across the nation. The energy storage system market in Australia is dominated largely by electrochemical energy storage solutions and this trend is expected to continue in the coming years. According to the Australian Renewable Energy Agency, the price of Lithium-Ion batteries is expected to fall by almost 60% by 2020 and is predicted to emerge as the leader in terms of market revenue share in the forecast period.

"Australia Energy Storage Systems Market (2017-2023)" provides an in-depth analysis with 46 figures and 5 tables, covered in more than 115 pages. The report estimates and forecast the overall Australia energy storage systems market by revenue, technologies, regions and applications such as residential, non-residential, power utilities and transportation. The report also offer insights on competitive landscape, company profiles, market drivers and restraints.

Press Release : https://www.6wresearch.com/press-releases/australia-energy-storage-systems-market-share-trends-forecasts-size-growth-opportunity-media-news-players-cagr.html

Key Highlights of the Report

Historical Data of Global Energy Storage Systems Market Revenues for the Period 2014-2016.
Market Size & Forecast of Global Energy Storage Systems Market Revenues until 2023.
Historical Data of Australia Energy Storage Systems Market Revenues for the Period 2014-2016.
Australia Energy Storage Systems Market Size & Australia Energy Storage Systems Market Forecast of Revenues, until 2023.
Historical Data of Australia Energy Storage Systems Market Revenues for the Period 2014-2016, By Technology.
Market Size & Forecast of Australia Energy Storage Systems Market Revenues until 2023, By Technology.
Historical Data of Australia Energy Storage Systems Market Revenues for the Period 2014-2016, By Verticals.

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