TSXV:FCO.H - Post by User
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notmuchmoreon Apr 10, 2016 12:10am
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The battery energy storage system market--37% CAGR to 2022
The battery energy storage system market--37% CAGR to 2022"The battery energy storage system market is expected to reach USD 6.81 Billion by 2022, growing at a CAGR of 37.0% between 2016 and 2022. Factors such as increasing demand for grid-connected solutions, growing electric vehicle market, high requirement of lithium-ion batteries in various applications, and government support are expected to boost the growth of the battery energy storage system market." ----- https://www.whatech.com/market-research/energy/148400-research-report-covers-the-battery-energy-storage-system-market-that-is-expected-to-grow-to-be-worth-6-81-billion-usd-by-2022