The global battery energy storage systems market was valued at nearly US$ 9 Bn in 2017 and is anticipated to expand at a CAGR of ~12.0% from 2018 to 2026, according to a new report titled ‘Battery Energy Storage Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ by Transparency Market Research (TMR)
The global battery energy storage systems market features a highly consolidated landscape with small number of players accounting for a large share in the market, reports Transparency Market Research (TMR). Prominent players in the market comprise Tesla, Panasonic, and LG Chem. Additionally, there are several new companies such as General Electric and Fluence trying to emerge in the market. Key ... Read more