Europe Advanced Energy Storage Market (2019-2025)
Market Forecast By Technologies (Electro Chemical, Thermal, Mechanical And Others), By Applications (Residential, Commercial & Industrial, Transportation And Power Utilities), By Countries (Germany, UK, France, Italy And Others) And Competitive Landscape
According to 6Wresearch, Europe advanced energy storage market size is likely to register substantial growth during the forecast period due to government initiatives across France and Germany to encourage the use of electric vehicles. However, energy storage systems market in Europe is currently in the developing phase.
The residential sector is the key growing segment in Europe as the government is offering subsidies to households to promote solar plus storage systems. This sector would spur Europe advanced energy storage market forecast period revenues.
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