"Research and development, along with government support to reduce the prices of li-ion batteries in particular, will spearhead their installation in renewable energy, transmission and distribution projects," noted Satheesh. "A structured business model will enhance effectiveness and reliability, and lead to market expansion."
Flywheel energy storage and super capacitors, which are in the development stage, will soon become widely used in the Asia-Pacific wind energy sector because of its effectiveness in pitch control, peak power support etc.
If you are interested in more information on this research, please send an email to Donna Jeremiah, Corporate Communications, at firstname.lastname@example.org, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.
Asia-Pacific Energy Storage Systems Market is part of the Power Supplies & Batteries Growth Partnership Service program. Frost & Sullivan's related research services include: European Large-scale Energy Storage Market and Opportunities for Growth in Renewable Energy. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.About Frost & SullivanFrost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.