Global Energy Storage Systems Market Outlook to 2025 - Market Expected to Proliferate During the Forecast Period, Despite the Outbreak of COVID-19
DUBLIN, Aug. 4, 2020 /PRNewswire/ -- The "Global Energy Storage Systems Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
- DUBLIN, Aug. 4, 2020 /PRNewswire/ -- The "Global Energy Storage Systems Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
- Improving energy storage economics, innovations in financing and business models, the growing integration of storage with renewables, increasing replacement of gas peaker plants, supportive government policies and schemes, increasing adoption of Energy Storage Systems (ESS) to enhance the resilience of the electrical grid are some of the factors driving the energy storage systems market.
- According to the report, despite the challenges presented by the COVID-19 outbreak, the outlook for energy storage remains strong, and the market is expected to proliferate during the forecast period.
- Also, the study comprehensively analyzes the energy storage systems market by segmenting it based on geography, and by type (Batteries, Pumped-storage Hydroelectricity (PSH), Thermal Energy Storage (TES), Flywheel Energy Storage (FES), Others (Compressed Air Energy Storage (CAES), etc.