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Recently, in the global secondary battery market, new application and LIB alternative markets are gradually expanding, while the small and medium IT battery market has entered the mature stage. In the midst of this, especially in mid-to-large-sized batteries, whether to success in explosively growing ESS and xEV markets is expected to be the key to win the competition. The lithium secondary battery, EV, and ESS markets are new growth engines - where future growth is surely secured - emergin

2020.02.28

Recently, the growth rate of ESS markets in the regions, such as Korea, Australia, and the Americas, has been rapidly growing. In particular, Korea is continuously promoting the linkage with the renewable energy for the renewable energy-linked ESSs according to the government's ‘Energy 3020’ policy, administering policies, including introduction of ESS-utilized promotion rate system, mandatory installation of ESSs in the public institution, etc. The Korean ESS market has been provisionally s

2019.11.05

Recently, the growth rate of ESS markets in the regions, such as Korea, Australia, and the Americas, has been rapidly growing. In particular, Korea is continuously promoting the linkage with the renewable energy for the renewable energy-linked ESSs according to the government's ‘Energy 3020’ policy, administering policies, including introduction of ESS-utilized promotion rate system, mandatory installation of ESSs in the public institution, etc. The Korean ESS market has been provisionally s

2019.05.22

ESS markets such as Korea, Australia, and the Americas are growing rapidly. Particularly in Korean, the government’s movement to adopt new renewable energy deployment policy and introduce the promotional ESS utility rate has been driving the growth of the Korean ESS market into one of the largest global markets. Australia is also planning to introduce ESS in association with large-scale new renewable energy systems to resolve its energy shortage, and the expansion of the market for househ

2018.10.05

Overview Recent secondary battery market has seen a gradual expansion of new applications and LIB replacements as small- and medium-sized battery market become matured. For medium- and large-sized batteries, the performance in ESS and xEV will be the key to success.  This report reviews the current status of the lithium-ion secondary battery market and provides an outlook of possible mid- and long-term changes in market and leadership structure among LIB&n

2018.03.06

ESS markets such as Korea, Australia, and the Americas are growing rapidly. Particularly in Korean, the government’s movement to adopt new renewable energy deployment policy and introduce the promotional ESS utility rate has been driving the growth of the Korean ESS market into one of the largest global markets. Australia is also planning to introduce ESS in association with large-scale new renewable energy systems to resolve its energy shortage, and the expansion of the market for househ

2018.02.22