The global UAV drones market is expected to increase to USD 21.23 Billion by 2022, at a CAGR of 19.99% between 2016 and 2022. This report provides a detailed analysis of the market based on type, payload, component, application, and geography. The enhanced capabilities of drones to fight terrorism and the increasing demand for drones in commercial applications are driving the growth of the UAV drones market around the globe.
ESS (Energy Storage System)
LONDON, May 18, 2017 /PRNewswire/ -- Transformational New Business Models Focussing on Integrated Distributed Energy Storage Systems
Distributed energy resources and distributed energy storage systems (ESS) are changing the face of power generation and distribution in the Organisation for Economic Co-operation and Development (OECD) countries. To tap these new market opportunities, consumers need to be properly supported with financing options for ESS installations.
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The battery market has come alive again as manufacturers are all rushing to address the emerging market for large-sized batteries driven largely by the rapid growth in sales of electric buses. IDTechEx Research thinks that the rush is fully justified as it sees the market growing to $30 billion in 2026, potentially making it the largest segment of overall battery market. Just to set this in context, we expect the market for electric bus batteries to overtake the consumer electronic battery sector by 2019-2020 as shown in figure 1.
Figure 1. Comparing the market size for consumer electronic and electric bus batteries. Electric bus batteries are expected to take over around 2019-2020 Source: IDTechEx