Energy storage systems (ESS) store surplus electricity and facilitate the use of batteries when the generated electricity is greater than the demand. The surplus power saved in these systems is supplied to the customers when the demand exceeds the supply. Countries are investing heavily in grid infrastructures to overcome the power supply irregularities, and this is expected to drive the growth of the battery market. ESS comprise various technologies, such as pumped-hydro storage systems, flywheels, lead-acid batteries, and advanced batteries (Li-ion).
The lead–acid battery is the oldest type of rechargeable battery. Despite having a very low energy-to-weight ratio and a low energy-to-volume ratio, its ability to supply high surge currentsmeans that the cells have a relatively large power-to-weight ratio. These features, along with their low cost, make them attractive for use in motor vehicles to provide the high current required by automobile starter motors.
Over the next five years, it is projected that Lead Acid Battery for ESS will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Lead Acid Battery for ESS market by product type, application, key manufacturers and key regions.
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To calculate the market size, it is considered value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Princeton Power Systems
Surrette Battery Company
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Lead Acid Battery for ESS by Players
4 Lead Acid Battery for ESS by Regions
8 Middle East & Africa
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