Boston, MA -- (SBWIRE) -- 01/13/2017 -- Batteries generally refer to the technologies that are used for energy storage, which can be utilized later during power shortages, blackouts or during peak demand. These technologies mainly include pumped-hydro storage systems, advanced batteries, flywheels, and other evolving technologies. Solar batteries with solar PV systems can be connected to the grid or can be off-grid. Off-grid energy storage systems that are meant for standalone power systems are used to complement diesel generators or intermittent renewables sources by providing backup during low voltage or power outages.

Technavio's analysts forecast the global solar batteries market to grow at a CAGR of 16.36% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Solar Batteries Market 2016-2020

Covered in this report

The report covers the present scenario and the growth prospects of the global solar batteries market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of solar batteries in the market.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Solar Batteries Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-East Penn Manufacturing
-Exide Technologies
-GS Yuasa
-LG Chem
-Samsung SDI

Other prominent vendors

-A123
-Alpha Technologies
-BAE Batterien GmbH
-Battery Energy Power Solutions
-Betta Batteries Europe BV
-BYD
-C&D TECHNOLOGIES, INC
-China Shoto
-EnerSys
-EverExceed Corporation
-EverExceed Industrial Company
-FIAMM
-HBL Power Systems Limited
-HOPPECKE Batterien
-SAFT
-Storage Battery Systems
-SYSTEMS SUNLIGHT

Market driver

-Growing rural electrification
-For a full, detailed list, view our report

Market challenge

-Intermittent nature of solar power
-For a full, detailed list, view our report

Market trend

-Increasing renewable energy investments
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: East Penn Manufacturing, Exide Technologies, GS Yuasa, LG Chem, Samsung SDI, A123, Alpha Technologies, BAE Batterien, Battery Energy Power Solutions, Betta Batteries Europe, BYD, C&D TECHNOLOGIES, China Shoto, EnerSys, EverExceed Corporation, EverExceed Industrial Company, FIAMM, HBL Power Systems Limited, HOPPECKE Batterien, SAFT, Storage Battery Systems, SYSTEMS SUNLIGHT

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