The Global Energy Storage Market size is expected to grow at an annual average of 16.3% during 2021-2027. In order to make the power industry more efficient, energy storage, a new trend in power production in recent years, is rapidly developing. Factors such as the growth of the renewable energy sector, government support policies and plans for energy storage systems (ESS), and the improvement of the energy storage economy are expected to be key drivers of the energy storage market in the future.
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A full report of Global Energy Storage Market is available at: https://www.orionmarketreports.com/energy-storage-market/48019/
The following Segmentation are covered in this report:
By Type
- Batteries
- Pumped-storage Hydroelectricity (PSH)
- Thermal Energy Storage (TES)
- Flywheel Energy Storage (FES)
- Others
By Application
- Residential
- Commercial and Industrial
Company Profile
- GS Yuasa Corporation
- Contemporary Amperex Technology Co. Limited
- UNIENERGY TECHNOLOGIES LLC
- BYD Co. Ltd
- Johnson Controls International PLC
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)