Pune, India -- (SBWIRE) -- 11/08/2018 -- This report studies the Off-grid Energy Storage Systems market. Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is sometimes called an accumulator or battery.

In the coming years there is an increasing demand for off-grid energy storage systems in the regions of developing regions that is expected to drive the market for more advanced off-grid energy storage systems. More-intense competition, launches in introducing new products, increasing of spending on renewable energy, retrofitting and renovation of old technology, increasing adoption of off-grid energy storage systems will drive growth in developing regions market.

The off-grid energy storage systems industry competition is fierce worldwide. Some enterprises, like EnerSys, SAFT, Sonnen, etc. are well-known for the wonderful performance of their off-grid energy storage systems and related services. The revenue of off-grid energy storage systems is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of off-grid energy storage systems industry may not keep that fast. But it is surely forecasted that the market of off-grid energy storage systems is promising.

The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

In 2018, the market size of Off-Grid Energy Storage Systems is 380 million US$ and it will reach 620 million US$ in 2025, growing at a CAGR of 6.3% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.

In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Off-Grid Energy Storage Systems.

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This report studies the global market size of Off-Grid Energy Storage Systems, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).

This study presents the Off-Grid Energy Storage Systems production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2013 to 2018, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.

In global market, the following companies are covered:

EnerSys

SAFT

Sonnen

NEC Energy Solutions

Sumitomo Electric Industries

Fronius

LG Chem

Aquion Energy

Toshiba

Samsung SDI

Mitsubishi Heavy Industries

ZEN Energy

Enphase

CALB

Market Segment by Product Type

Lithium-ion Battery

Market Segment by Application

Family Backup Power

Industrial UPS

Key Regions split in this report: breakdown data for each region.

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

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The study objectives are:

To analyze and research the Off-Grid Energy Storage Systems status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Off-Grid Energy Storage Systems manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Off-Grid Energy Storage Systems are as follows:

History Year: 2013-2018

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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