Pike Research has declared the inclusion of a new report titled, “Energy Storage in Commercial Buildings”, in its list of report offerings. The report delves in detail about the market prospects of energy storage solutions in commercial constructions and discusses the issues such as the present landscape of the up coming sector, technology issues and the present market.
The report has supplied the market estimates for thermal energy storage and continuous power supplies segments in commercial buildings and profiles of key companies engaged in the manufacture.
The report anticipates that the present market for providing energy storage facility in commercial buildings is bound to make a notable growth in the coming years. The report estimates that the uninterruptible power supply (UPS) market, which leads and maintains major percentage of the segment will grow from $3.4 billion in 2011 to $4.8 billion by 2016. According to the report, the ice-based thermal energy storage (TES) custom systems will improve from its present revenue of $15 million in 2011 and will achieve revenue of $37 million by 2016. It expects that in the event of a strong growth, the market will achieve a maximum of $92 million in the mentioned period. It predicts that in North America, Ice-based TES rooftop units will grow from its $12 million level in 2011 to $123 million by 2016.
The report attributes reasons such as the market drive to achieve improved energy efficiency in commercial construction, the spread of smart grid engineering, and the continuous growth of clean energy installations both at the utility and distributed level for the growth energy storage opportunities in commercial building.
Source: http://www.pikeresearch.com