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Follow on Google News | Advanced Clean Energy Storage Devices - Global Market SizeConsumer Demand is Increasing for the Energy Storage Market.The report provides clear understanding of the advanced energy storage devices market
By: Rajesh Gunnam A fuel cell is a zero-emission source of power, and the only byproduct of a fuel cell is water. Some fuel cells use natural gas or hydrocarbons as fuel, but even those produce far less emissions than conventional sources. Therefore, fuel cells eliminate or at least vastly reduce the pollution and greenhouse gas emissions caused by burning fossil fuels, and since they are also quiet in operation, they also reduce noise pollution. The advantages of advanced energy storage devices are significantly increasing consumer demand and the trend is expected to continue in future. One of the key drivers of the advanced battery industry is that it is an environmentally friendly technology with fewer pollution and battery disposal issues than other technologies. The policies and environmental standards given by different regulating authorities help in assessing the advanced battery manufacturers in terms of the environmental hazards associated with conventional batteries. The technological aspects of each advanced battery differ based on different parameters, such as the duration of storage, capacity, energy density, cost, life cycle and others. Advanced batteries are secondary electrochemical energy storage devices and are large in terms of size and energy capacity. They are both technologically advanced and environmentally friendly. The advanced batteries market is expected to increase from $6,500m in 2010 to $20,190m in 2020 at a Compound Annual Growth Rate (CAGR) of 12%. For Sample Pages, please click or add the below link to your browser: http://www.globaldata.com/ Lithium-ion (Li-ion) batteries are widely used for powering devices like laptop computers, mobile phones, cameras, electric vehicles, power tools and many others. Li-ion batteries provide high energy densities which enable the electronic devices to be recharged less frequently. Also, Li-ion batteries weigh less when compared to other forms of rechargeable batteries. With mounting oil supply concerns and environmental pressures, Hydro-electric Vehicles (HEV) and plugin HEVs (PHEVs) are expected to be the next generation technology for light and heavy-duty vehicles. The Li-ion battery market for hybrid electric vehicles is rapidly emerging with massive potential. Although Li-ion batteries for hybrid electric vehicles are still in an emerging phase, they are most likely to displace the Nickel-metal Hydride (NiMH) share in the future due to their growing prominence. “Advanced Clean Energy Storage Devices - Global Market Size, Market Analysis by Major Storage Device, and Competitive Landscape to 2020” is the latest report from industry analysis specialists GlobalData, offering comprehensive information and understanding of the current challenges in offshore wind industry. The report provides clear understanding of the advanced energy storage devices market. It provides deep insight into the key drivers and challenges impacting the market, and also provides data regarding historic and forecast growth, market segment analysis, investment analysis, competitive landscapes, major regulations and support programs. For further details, please click or add the below link to your browser: http://www.globaldata.com/ Visit our report store: http://www.globaldata.com/ For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a global market intelligence services company providing information research and analysis products and services. End
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