Global Distributed Energy Storage System Market by Technology by Type (Battery, Flywheels, Compressed Air Energy Storage (CAES), Electrochemical Capacitors, and Others), by Application (Frequency Regulation, Electric Bill Management, Electric Energy Time Shift, Renewable Capacity Firming, and Others), Industrial and Others), and by Geography- Analysis & Forecast to 2020

The growth of the distributed energy storage systems market is directly proportional to the growing concern for energy security around the globe. Energy security indicates to the state of uninterrupted power supply throughout the year at an affordable price.

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The storage of energy is very important for the constant power supply, especially in case of renewable energy such as solar energy and wind energy. This in turn is expected to drive the distributed energy storage systems market.

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The report on the distributed energy storage systems market provides in-depth profiles of the key market players along with the recent strategies (including new product launches, partnerships, agreements, collaborations, and expansions) adopted by them to sustain and strengthen their market position. ABB Ltd. (Switzerland), Toshiba Corporation (Japan), LG Chem ltd. (South Korea), Samsung SDI Co., Ltd. (South Korea), Saft (France), and BYD Company Limited (China) are some of the key players operating in this market.