Energy Storage Market Eyeing Remarkable Growth at a healthy 20.18% CAGR | | Market Research Future (MRFR)
COVID-19 Analysis The on-going COVID-19 pandemic has had a negative impact on the energy storage industry. The market faced a lot of problems, including obtaining raw material components as well as delivering end products to attract workers from quarantines. The lockdown imposed by the government worldwide has put a brake on the production of energy storage that spiked product prices, thus lowering the market demand. On the brighter side, the industry is rapidly returning to normal, experiencing a steady increase in the demand for energy, particularly from the industrial sectors. The dema...
Source: benzinga.com