Remove 2016 Remove Asia Remove Installation Remove Stimulus
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Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

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install a charger. Although EVSE sales have been driven by federal stimulus dollars in 2011–2012, these projects are winding down, so sales will shift to non-publicly funded units. Europe will see the most EVSE installations during the forecast period, just slightly higher than in the Asia Pacific region.

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PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

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PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. PRTM’s assessment, based on what it called a thorough review of the operational market dynamics, found the following: Under a “Most Probable” scenario, battery manufacturing capacity will hit a shortfall by 2016. Click to enlarge.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Installed revenue by ESG technology, worldwide. Pike fine-tuned its forecasts for Europe and Asia Pacific. With more granularity in the regional analysis has come “a more nuanced interpretation” of the ESG market for Europe and Asia Pacific. Click to enlarge. Earlier post.). widespread adoption take hold.