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Home>India Off-grid Energy Storage Market 2017-2021 - Research and Markets

India Off-grid Energy Storage Market 2017-2021 - Research and Markets

India Off-grid Energy Storage Market 2017-2021 - Research and Markets

09/28/2017

India Off-grid Energy Storage Market 2017-2021 - Research and Markets

The "Off-grid Energy Storage Market in India 2017-2021" report has been added to Research and Markets' offering.

The off-grid energy storage market in India to grow at a CAGR of 15.17% during the period 2017-2021.

Off-Grid Energy storage market in India 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Need for reducing CO2 emissions. Diesel mini-grid systems are common in remote areas where access to grid power is unreliable or non-existent. The cost of electricity generated is dependent on the cost of diesel and the maintenance cost incurred.

According to the report, one of the major drivers for this market is Need for electrification. Electricity consumption is proportional to the economic development of a country. Though it is a complex relationship, electricity is a pre-requisite and a strategic component necessary for economic growth, driving infrastructure and social development.

Key vendors

  • Delta Electronics
  • Exide Industries
  • NEC Energy Solutions
  • Su-Kam Power Systems

Other prominent vendors

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