By Storage Technology(Battery Storage, Flywheel Energy Storage, Pumped Hydroelectric Power Storage, Thermal Energy Storage, Compressed Air Storage), By Applications(EV Charging, UPS, Renewable Energy Integration, Micro Grids & Other Application), By Regions(North America, Latin America, Europe, Asia-Pacific & Middle East & Africa) By Key Countries And Competitive Landscape.

According to 6Wresearch, Global Grid Scale Energy Storage Market size is anticipated to register growth during 2019-25. Government regulations for mandatory adoption of grid-scale energy storage systems have led to an increase in the investors interest and user demand for the installation of energy storage system. For instance, Order Instituting Rulemaking (OIR) is opened by the California Public Utilities (CPUC or Commission) for the establishment of energy storage procurement and storage framework leading to surge in demand for grid scale energy storage market.

North America is the leading region in the global grid scale energy storage market owing to supportive government initiatives to promote clean energy. However, the Asia Pacific region is anticipated to be one of the major revenue generators over the coming years. Pumped hydroelectric power storage segment acquired a major share of market revenue pie in 2018, and is projected to lead the demand during the forecast period as well owing to its large capacity for energy storage.

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

Key Highlights of the Report:

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

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