APAC to lead global battery energy storage market
The Asia-Pacific (APAC) region is set to lead the global battery energy storage market, accounting for 68% of the global market value through 2026, with China, Japan, India, South Korea and Australia propelling the regional market. That’s according to GlobalData’s latest report, ‘Battery Energy Storage Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, […]
Global battery energy storage market to grow to $13.13bn
The global battery energy storage market will grow to $13.13bn by 2023, with Asia-Pacific (APAC) and EMEA the dominant markets. The report from GlobalData reveals that a fall in technology prices and increasing pace of development in the power market are the primary driving factors for the growth. APAC will continue to be the largest […]