According to the current estimate of the German Energy Storage Association (BVES), the energy storage industry will grow by around 11% in 2018 and will generate a turnover of approximately EUR 5.1 billion. Medium-sized companies are the main driving force behind this increase. The development of Energy Storage Europe reflects this industry trend: With a total of 170 exhibitors and about 4.500 visitors, this year’s energy storage trade fair and the two conferences ESE and IRES continued the positive development of the past years.
“No other trade fair in the world covers the entire spectrum of energy storage solutions. Every year, new players enter the still young market with innovative solutions – often with new technological approaches to energy storage,” stated Hans Werner Reinhard, Managing Director of Messe Düsseldorf.
Urban Windelen, Executive Director of the BVES, added: “Energy Storage Europe 2018 once again demonstrated the solid growth of the industry across all storage technologies and various applications. The event is the decisive international business platform for energy storage systems and its success confirms the growing industry figures predicted by the BVES.”
Increasing international participation
Internationalization is a further industry trend apparent in the visitor structure of Energy Storage Europe and the IRES Conference: this year, the organizers welcomed delegations from Mexico, Costa Rica, El Salvador and other Central American countries as well as from Greece, Norway and Poland, Portugal. Overall, participants from 61 countries attended the conferences and trade fair.
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