NaS Battery Market Report Features Leading Players and Forecast the Future for the Period By 2026

Global NaS Battery Market – Snapshot

NaS batteries are sodium sulfur base batteries. They are widely used in organizations owing to their cost effectiveness and efficient power storage capabilities. NaS batteries are made of number of connected cells owing to this it can store large amounts of energy.  Therefore NAS batteries are suitable for high energy requirement such as transmission and distribution (T&D) networks and load levelling.

Growing demand of power and energy storage, rising infrastructure investments and increasing urbanization are some of fundamental factors driving the growth of the NaS (sodium sulfur) battery market across the globe.

Some of the key players are:
KEMET Electronics Corporation, NGK Insulators Ltd, Ceramatec Inc., Eagle Picher Technologies LLC, GE Energy, Sieyuan Electric Co. Ltd., FIAMM Group and POSCO.

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NAS batteries have a higher discharge duration thus it can store large amounts of energy for long periods. This makes it suitable for large scale deployments. The demand of higher power storage devices are increasing among the manufacturing unit. This will go well for the growth of the global NaS battery market.

NAS batteries are low priced batteries as compared to conventional batteries. This makes NaS batteries cost efficient power solution for commercial applications. This makes NaS batteries are an appropriate solution for providing ancillary services during peak energy consumption hours.

The adoption of NaS battery technology is rising across the globe. For instance- there are near about 190 NaS sites in Japan. Altoghther, they store more than 270 MW of energy. U.S. is also relying on NaS batteries to deploy 9 MW energy during for peak shaving, backup power, firming wind capacity, and other applications. The country is look to develop additional NaS sites in the region. These projection opens a lucrative avenue for the growth of the global NaS battery market.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

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