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The Battery Energy Storage market is a subset of the larger Battery Technology industry. It focuses on the development and deployment of energy storage systems that use batteries as the primary energy source. These systems are used to store energy generated from renewable sources such as solar and wind, as well as from traditional sources such as coal and natural gas. They can also be used to provide backup power during outages or to reduce peak demand on the grid. Battery Energy Storage systems are becoming increasingly popular as they offer a cost-effective and reliable way to store energy.
The Battery Energy Storage market is highly competitive, with a number of companies offering a range of products and services. These include battery manufacturers, energy storage system integrators, and energy storage system developers. Some of the leading companies in the market include Tesla, LG Chem, BYD, Panasonic, and Samsung SDI. Show Less Read more
