Energy storage battery global market development trend
The report shows that in 2016, the global energy storage battery market scale will be 165.9 billion yen (approximately RMB 10.15 billion). Lithium-ion batteries will continue to be used in large-scale energy storage applications as prices continue to decline and applications continue to expand. . In addition, the development of electricity-assisted markets and home-use photovoltaics, as well as the growing scale of grid-connected renewable energy power generation, will also boost demand for lithium-ion storage batteries.