2022 global battery energy storage market will exceed 6.8 billion US dollars
Posted: 2017-11-10 14:20:13Source: China Energy News
International market research firm Reports and Reports released a report that by 2022, the global scale of battery energy storage system will reach 6.81 billion US dollars during the compound annual growth rate of up to 37%.
The report believes that the increasing demand for Internet solutions, the rapid development of the electric car market, lithium-ion battery applications and policy support is to promote the rapid growth of battery storage system is the main reason.
The report argues that by 2022, electric vehicles are the primary factor driving the rapid growth of battery energy storage systems. It is estimated that by 2020, the global electric vehicles will reach 20 million. China, the United States, Japan, Spain, France, Germany, Portugal, the Netherlands and India are major EV sales markets.
Regionally, North America will be the largest regional market for battery energy storage systems by 2022, but with the compound annual growth rate the fastest growth in the Asia Pacific region, increased demand for electric vehicles and increased installed capacity of battery energy storage systems Is the main reason.
From the business point of view, by 2022, Switzerland ABB, the Netherlands AEG, the United States General Electric, Japan Hitachi, South Korea's LG Chemical, Japan's NEC, Japan's Matsushita, South Korea's Samsung, Germany's Siemens, the United States Tesla will become the world's leading battery storage Can system providers.
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