Pune India, Dec. 01, 2022 (GLOBE NEWSWIRE) — The market has been studied for the segmentation and region-wise analysis mentioned below for North America, Europe, Asia, South America and Middle East & Africa. These are the key regions where the Energy Storage Systems Market is currently operational and plans to expand in the near future. The manufacturers and suppliers involved Energy Storage Systems Market is present transnationally in the regions mentioned above.

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The report provides a detailed understanding of the market segments formed by combining different perspectives such as product category, application, technology, end user and others. Apart from that, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the following sections.

Global Energy Storage Systems Market Size by technology [Thermal Energy Storage, Electro-Chemical Storage (Lead Acid Battery, Flow Battery, Lithium-Ion Battery, Sodium Sulfur Battery and Others), Mechanical Energy Storage (Flywheel Energy Storage, Compressed Air and Liquid Air Energy Storage and Pumped Hydro Energy Storage]Application (transportation and stationary energy), end use (residential, utilities and commercial), distribution channel (direct and indirect), regions, segmentation and forecast to 2029.

The major players operating in the global Energy Storage Systems Market are Ecoult, Altairnano, GENERAL ELECTRIC, Electrovaya, Langley Holdings Plc, Maxwell Technologies, Inc., LG Chem, Saft, Beacon Power, LLC, Convergent Energy and Power Inc., BYD Company Ltd. , ABB Ltd., Greensmith Energy Management Systems, Seeo, Inc., S&C Electric Company, Schneider Electric, SMA Solar Technology AG, Eos Energy Storage, Exide Industries Ltd., Showa Denko Materials Co., Ltd., The Furukawa Battery Co. , Ltd., Cummins Inc., PlugPower Inc. and…