FARMINGTON, Conn., April 18, 2013 /PRNewswire-iReach/ -- Demand for grid energy storage will see nearly a 3,954 percent, jumping from $2.8 billion to $113.5 billion in 2017. Representing close to a 5,694 percent increase in capacity, grid storage will reach 185.4 gigawatt-hours (GWh) of capacity compared to 3.2 GWh in 2012. Even as the grid storage sector approaches maturity, bankruptcies, fires and geographical shifts have been rampant. As the market continues to expand, partnerships will form and smaller players will be pushed out. Meanwhile, technology developers are seeking high-profile corporate partners to develop and market their wares while multi-national conglomerates target start-ups to access innovative IP at bargain prices.
Weeding out the organizations with high potential from those without is essential to finding the right partner to improve technological performance and expand into new market segments.
"Finding the Perfect Partner in the Global Grid Storage Market" is a new report using the Lux Innovation Grid technology value and business execution scoring metric to extract top partnership prospects for the myriad suitors in the global grid storage network. The report also highlights unique opportunities for strategic and prosperous long-term relationships.
More information about this report and a free sample are available at http://www.giiresearch.com/report/lux268695-finding-perfect-partner-global-grid-storage-market.html
The Grid Scale Battery Storage Market 2013-2023
In the fledging and vibrant grid scale battery storage market, vast potential for future growth lies ahead. The rising demand for electricity has led to an increasing demand for more flexible and efficient grid systems that can handle intermittent power generated by renewable sources such as solar and wind. This has given rise to governments and private companies investing in battery and other types of energy storage systems to provide backup sources which can time shift or provide energy arbitrage at times of low and high demand. The global grid scale battery storage market is expected to reach $1.17 billion in 2013.
The new report contains exclusive interviews with experts from General Electric (GE), EOS Energy Storage, Aquion Energy Inc., and Ecoult. Five grid scale battery storage submarket forecasts are also included for advanced lead acid, flow type batteries, lithium ion, sodium sulphur, and miscellaneous battery chemistries. Additionally, use this report to identify the leading 27 grid scale battery storage companies with profiles for each one.
More information about this report and a free sample are available at http://www.giiresearch.com/report/kt265353-grid-scale-battery-storage-market.html
Find more market research for the smart grid and battery industries
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