Grid Storage Market in China 2010-2014

Countries covered: China TechNavio's analysts forecast the Grid Storage market in China to grow at a CAGR of 87.7 percent over the period 2010-2014. One of the key factors contributing to this market growth is the increase in government initiatives .The Grid Storage market in China has also been witnessing increased demand for distributed energy resources. However, high storage system costs could pose a challenge to the growth of this market. TechNavio's report, the Grid Storage Market in China 2010-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on China; it also covers market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors dominating this market space include Do-Fluoride New Energy Technology Ltd, Fuan Yinxin Power Sources Co., Ltd., Heter Electronics Group Co., Ltd., Hipower New Energy Group Co., Ltd., Hubei Camel Special Power Supply Co., Ltd., Optimum Battery Co., Ltd., Shandong Yaneng New Energy Equipment Co., Ltd., Sunbright Power Co., Ltd., Toppow (Shenzhen) Batteryco Co., Ltd., and Zhuhai Sanchuan Electronic Technology Co., Ltd. Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

Additional Information


Press Release

TechNavio Announces the Publication of its Report - China Grid Storage Market 2010-2014

TechNavio today published its report China Grid Storage Market 2010-2014. The report aids decision makers’ understanding of the present and the future landscape of the Grid Storage market in China.

Commenting on the report, an analyst from TechNavio’s Clean Tech team said, “China currently depends on fossil fuels for energy generation. Over 75 percent of the power generated in China is generated out of coal resources. The long cycle of construction of fossil fuels plants has increased the dependency of the country on DERs. In China, the prevailing trend is centralized power generation, wherein the power plants are located in remote areas, far away from residential areas. This is done in order to eliminate the hazardous emissions discharged by the plants.”

According to the report, The State Grid Corporation of China is currently investing immensely in the clean technology industry, and is also taking steps to invest in the China Grid Storage market. Large-scale grid storage technology is emerging as an area of interest for clean technology players, as these storage facilities enable the smooth flow of energy generated by renewable resources.

The report also discusses that the installation cost of the grid storage system is very high, which has been a challenge to the growth of this market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

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