Battery Monitoring System Market to Cross $5.47 Billion by 2022
The global battery monitoring system market is projected to grow at a CAGR of 18.23%, to reach a
market size of USD 5.47 Billion by 2022, from an estimated USD 2.37 Billion in
2017. North America is estimated to be the largest market for battery
monitoring systems, followed by Asia Pacific and Europe. The growth of the
battery monitoring system market is mainly driven by a booming demand for
global...
Portable Power Station Market to Grow $494 Million by 2026
According to the new market research report
“Portable Power Station Market by Power Source (Direct, Hybrid),
Technology (Lithium-ion, Sealed lead-acid), Capacity (0–100, 100–200, 200–400,
400–1000, 1000–1500, ≥1500Wh), Sales Channel (Online, Offline), Application,
Region – Global Forecast to 2026″,
published by MarketsandMarkets™, the global Portable Power Station
Market...
Demand for Residential Energy Storage to Grow 22.88% Annually Through 2024
The residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period.
This growth can be attributed to factors such as declining cost of batteries, regulatory support and financial incentives, and the need for energy self-sufficiency from consumers. Residential energy storage systems provide...