Energy Storage Market in the US 2012-2016

TechNavio”s analysts forecast the Energy Storage market in the US to grow at a CAGR of 18.17 percent over the period 2012-2016. One of the key factors contributing to this market growth is the benefits of using such storage in solar plants. The Energy Storage market in the US has also been witnessing an increase in Research and Development initiatives. However, the lack of awareness of energy storage technologies could pose a challenge to the growth of this market.

''The increasing demand for energy is one of the major trends observed in the Energy Storage market in the US. For instance, the governments of various countries have forecast that their nationwide energy demand will double within the next decade. By 2035, the global energy demand is predicted to increase by up to 75 percent. The energy consumption pattern is likely to undergo variation in each country across the world. For instance, in 2009, China used energy that was equivalent to only half of what the US consumed. However, in 2010, China exceeded its previous consumption and stood in first place in terms of energy consumption in the world.

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TechNavio”s report, Energy Storage Market in the US 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the US; it covers the Energy Storage market in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this space are Abengoa Solar S.A., Areva Solar Inc., GE Energy LLC, and Pratt and Whitney Rocketdyne Inc.

Key questions answered in this report:

- What will the market size be in 2016 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 each of these key vendors?

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Table Of Contents

Objective of the report 6

Glossary 7

What we saw & what we missed 8

Definitions, limitations and methodology 9

Executive summary 10

Noteworthy news 35

Traditional UV lamp business 44
UV Lamp vs. UV LED 66
UVA / UVB Applications 74
UVC applications 125
UV LED market 181
UV LED industry 188
UV LED Performance Roadmap 212
UV LED substrates 227
New Applications of UV LEDs 239
General Conclusion 262

UV Industry - Company Profiles of Major Players 266
Appendix 303

For more details contact Mr. Priyank Tiwari: sales@rnrmarketresearch.com / +18883915441

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