Battery market for energy storage systems (ESS) to grow at a CAGR of 35.38% from 2022 and 2027, Market research insights highlight the increasing need for backup power as a key driver – Technavio

NEW YORK, March 9, 2023 /PRNewswire/ — According to Technavio, the battery market for energy storage systems (ESS) will witness a YOY growth of 32.07% between 2022 and 2023. The report is segmented by connectivity (on-grid and off-grid), technology (lithium-ion batteries, flow batteries,…