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Battery Storage Inverter Market to be dominated by Utility Segment reaching 5.51 Bn by 2030 – Says Stellar Market Research

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PUNE, India, July 30, 2024 /PRNewswire/ — The Global Battery Storage Inverter market is expected to grow from USD 2.9 billion in 2023 to USD 5.51 billion by 2030, at a CAGR of 9 % according to Stellar Market Research. Increasing integration of renewable energy sources into the grid propels the demand for advanced battery storage inverters. Governments and private entities are investing heavily in solar and wind projects. This trend receives further support from initiatives aimed at reducing carbon footprints and transitioning toward sustainable energy models, driving innovation and deployment in the battery storage inverter sector.

 Global Battery Storage Inverter Market 2023-2030: Key Highlights:

Market Size in 2023

USD 2.9 Bn

Market Size in 2030

USD 5.51 Bn

CAGR

9 percent (2024-2030)

Forecast Period

2024-2030

Base Year

2023

Number of Pages

279

No. of Tables

124

No. of Charts and Figures

115

Segment Covered

By Type, and End Use Industry

Regional Scope

North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage

Market Share, Size & Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF: https://www.stellarmr.com/report/req_sample/Battery-Storage-Inverter-Market/2128 

The Three-phase segment to dominate during the forecast period

The battery storage inverter market is being dominated by the three-phase segment due to its capacity to handle higher power loads and its superior efficiency in power distribution for commercial and industrial applications. Three-phase inverters play a crucial role in balancing loads, reducing energy losses, and ensuring stable and continuous power supply, which is particularly important for industries with heavy machinery and high energy consumption. The market for three-phase battery storage inverters is experiencing rapid growth, driven by the increasing adoption of renewable energy sources and the need for efficient energy management systems. For instance, in Germany, the Energiewende policy is promoting the adoption of renewable energy, leading to a surge in demand for three-phase inverters in solar and wind power plants. In the United States, the expansion of the electric vehicle (EV) market is fueling the demand for three-phase inverters in charging stations, which require robust power management systems to handle high charging loads. The increasing complexity and scale of energy storage projects necessitate the use of three-phase inverters, highlighting their dominance in the market.

Asia Pacific region to dominate the industry during the forecast period

The Asia Pacific region has experienced a significant rise in renewable energy installations, especially in solar photovoltaics, with China representing over 30% of the global solar capacity. The 4.7% annual increase in power consumption in China highlights the urgent need for effective energy storage systems. This growing energy demand is being addressed through the extensive adoption of battery storage inverters across utility-scale, commercial, and residential sectors, thereby driving the battery storage inverter market. Technological innovations in battery inverters, along with supportive government policies such as India’s National Solar Mission and Japan’s Strategic Energy Plan, have contributed to this market growth. Additionally, the rapid growth of electric vehicles (EVs) in nations like China, Japan, and South Korea is notable, with China alone having over 4.5 million EVs on the roads as of 2023, which calls for sophisticated energy storage solutions. In 2023, Japan achieved an energy storage capacity of around 13.5 GWh, reflecting the region’s dedication to energy storage. The Asia Pacific’s focus on smart grid technologies, with anticipated investments of $13.6 billion by 2026, emphasizes a strategic move towards enhancing grid stability and efficiency. These advancements highlight the region’s new role in battery inverter technology, creating a landscape where innovations in battery storage and power solutions are not only promoted but are also becoming essential components of the energy infrastructure.

Request for a Sample Report: https://www.stellarmr.com/report/req_sample/Battery-Storage-Inverter-Market/2128 

Key Players

SMA Solar Technology AG (Germany)GoodWe (China)Ingeteam (Spain)Enphase Energy (USA)SMA Solar Technology AG (Germany)Power Electronics (Spain)Sineng Electric (China)Others

Key Highlights:

Past Market Size and Competitive Landscape (2018 to 2022)Market Size, Share, Size & Forecast by Different Segment | 2024−2030Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by RegionMarket Segmentation – A detailed analysis by Type, End Use Industry, and RegionCompetitive Landscape – Profiles of selected key players by region in a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playerCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s analysisValue chain and supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendations

Browse for More Reports by Stellar Market Research: Energy & Power Reports & Consulting

Inverter Market size was valued at USD 19.10 Bn. in 2023 and is expected to reach USD 54.31 Bn. by 2030, at a CAGR of 16.1%.

Electric Vehicle Charging Infrastructure Market size was valued at US$ 20 Billion in 2023 and the revenue is expected to grow at 28% from 2024 to 2030, reaching nearly US$ 112.59 Billion.

Portable Charger Market size was valued at USD 11.42 Bn. in 2023 and the Portable Charger revenue is expected to grow at a CAGR of 6.8% from 2024 to 2030, reaching nearly USD 18.10 Bn. by 2030.

Electric Vehicle Charging Infrastructure Market size was valued at US$ 20 Billion in 2023 and the revenue is expected to grow at 28% from 2024 to 2030, reaching nearly US$ 112.59 Billion.

Waste to Energy Market size was valued at USD 35.23 Bn. in 2023 and the total Global Waste to Energy Market revenue is expected to grow at a CAGR of 8.68% from 2024 to 2030, reaching nearly USD 63.11 Bn.

UPS Battery Market size was valued at US$ 955.78Mn. in 2023. Global UPS Battery Market is estimated to grow at a CAGR of 9.20% over the forecast period.

Power Tool Battery Market size was valued at US$ 26078.66 Mn. in 2023. Global Power Tool Battery Market is estimated to grow at a CAGR of 8.20% over the forecast period.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4,
Pinnacle Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
 +91 9607365656
Follow us:
Linkedin | Twitter | Facebook | Instagram |

Logo: https://mma.prnewswire.com/media/2458342/Stellar_Market_Research_Logo.jpg

 

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Intouch Insight to Unveil Annual Drive-Thru Study at QSR Evolution Conference

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Intouch Insight (INX: CA) to reveal the results of its annual Drive-Thru Study during the main stage session at the QSR Evolution Conference in AtlantaMain stage reveal to be delivered by VP Sales, Marketing & Product Strategy Sarah Beckett and Chief Revenue Officer Laura Livers on Thursday, September 10, 2026, ahead of the day’s keynoteBeckett and Livers will also moderate a panel of quick service restaurant operators on the technologies shaping the drive-thru of the future

OTTAWA, ON, Sept. 3, 2026 /CNW/ — Intouch Insight Ltd. (OTCQX: INXSF) (“Intouch” or the “Company”), a provider of customer experience measurement solutions, today announced that it will present the findings of its annual Drive-Thru Study on the main stage at the QSR Evolution Conference, taking place September 8-10, 2026, at the Hyatt Regency Atlanta. This marks the fourth consecutive year Intouch has partnered with QSR Magazine and Arrowfly, formerly WTWH Media, to bring the study’s results to the conference stage.

The main stage session, “Intouch Insight Drive-Thru Report Reveal,” is scheduled for Thursday, September 10, 2026, at 8:45 a.m. Eastern Time, immediately ahead of the day’s keynote. Sarah Beckett, VP Sales,Marketing & Product Strategy, and Laura Livers, Chief Revenue Officer, will give attendees an early, exclusive look at the fastest, most accurate, and best customer service drive-thrus in America.

Beckett and Livers will also moderate a panel session, “Unveiling the Drive-Thru of the Future,” which goes deeper into the technologies and innovations separating winning brands, and what it takes to run a modern drive-thru that delivers consistency and experience at scale. Panelists include Taylor Crookston-Grace, Director, Brand Standard, BK US&C Operations; Michael MacLennan, Cofounder and Co-CEO, Tryarc; Chris Cheek, Chief Development Officer, Newk’s Eatery; Trace Miller, Founder & CEO, Konala; and Tim Sharpe, COO, Oliver’s Real Food.

Now in its fourth year, the QSR Evolution Conference brings together senior leaders from across the quick service restaurant industry for practitioner-led sessions on operations, technology, and customer experience. Intouch’s participation on the main stage reflects its continued work in customer experience measurement and operational audits for restaurant operators and other multi-location brands.

Cameron Watt, President and Chief Executive Officer of Intouch Insight, said:

“The drive-thru study has become one of the most anticipated benchmarks in the industry, and the main stage at QSR Evolution is the right place to reveal it. Our research shows where brands are winning on speed, accuracy, and service, and where the gaps still are. We are looking forward to putting that data in front of the operators who can act on it, and to a fourth year of partnering with QSR Magazine and Arrowfly to make it happen.”

About Intouch Insight

Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America’s most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit intouchinsight.com.

Certain statements included in this news release including those related to the Company’s quarterly results, future products, opportunities and cost initiatives, strategies, and other statements that are predictive in nature that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements that are made as of the date hereof, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company’s current views with respect to future events, and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management cautions the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties. Please refer to the risks set forth in the Company’s most recent annual MD&A and the Company’s continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Company does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Intouch Insight Ltd.

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Lyntris Completes CDR for KSAT Hyperion Satellite Program

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Tri-band RF system advances for KSAT’s next-generation HYPER relay network

WASHINGTON, Sept. 3, 2026 /PRNewswire/ — Lyntris Inc. (NYSE: LYNX), a defense technology company delivering sense-to-act connectivity solutions for the modern connected battlespace has completed Critical Design Review (CDR) for the tri-band antenna system in development for Kongsberg Satellite Services (KSAT)’s two-satellite Hyperion mission, marking a key milestone as the program advances toward hardware integration, qualification, and flight.

Hyperion is the pathfinder for HYPER, KSAT’s next-generation hybrid RF and optical relay network designed to extend global connectivity into orbit. The architecture will enable spacecraft to move mission data through relay satellites when direct ground-station access is unavailable, reducing latency and increasing access to time-sensitive information.

Delivering tri-band performance in a single antenna system is a demanding engineering problem. Each frequency band has to be tightly controlled — filtering out unwanted signals, isolating the bands from each other, and minimizing signal loss. But optimizing for one band can easily degrade performance in another. Meeting those requirements for all three simultaneously, inside a compact, space-qualified envelope, leaves little room for error.

That difficulty compounds when the design moves from RF engineering into flight hardware, and the completed system then has to be validated in test facilities capable of characterizing performance across all three bands at once, a capability few organizations maintain in-house.

Completion of CDR as planned demonstrates the technical maturity of the design and reflects the close engineering partnership between Lyntris and KSAT as both teams move toward flight hardware.

Lyntris brings RF engineering, manufacturing, system integration, and multi-band testing together under one roof. That combination — along with proprietary design and process IP — is what allows a design as demanding as the tri-band antenna to move from requirements to flight hardware.

“Hyperion is an important step toward a more connected and resilient space architecture,” said Madison Dye, Lyntris’ Vice President of C5ISR. “We’re proud to partner with KSAT and provide the advanced RF technology needed to make that architecture work. Completing CDR on schedule demonstrates our ability to move complex antenna systems from requirements to flight-ready hardware with speed and discipline.”

About Lyntris

Lyntris is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Combining differentiated hardware, software and mission expertise, Lyntris helps customers detect threats earlier, decide faster and act with precision in contested, multi-domain environments.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “expect,” “believe,” “anticipate,” “may,” “could,” “intend,” “plan,” “estimate,” “target,” “predict,” “project,” “will,” “should,” “forecast,” “outlook” or similar expressions, or by discussion of strategies, plans or intentions.

Forward-looking statements in this press release include, but are not limited to, statements regarding: the expected timeline and progress of the Hyperion antenna program; the anticipated technical performance and capabilities of the tri-band antenna system; expected production and delivery schedules; the role of the antenna in KSAT’s HYPER relay network architecture; Lyntris’ ability to move complex antenna systems from requirements to flight-ready hardware; statements regarding Lyntris’ manufacturing, integration and qualification capabilities; and the potential for expanded business opportunities.

These statements are based on current expectations, estimates, assumptions and projections of Lyntris’ management and are neither predictions nor guarantees of future events, circumstances or performance. Forward-looking statements are inherently subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Important factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, without limitation: dependence on KSAT’s program decisions, priorities, funding and continued support for the Hyperion demonstration mission and HYPER relay network; technical risks inherent in developing, qualifying, integrating and operating space-qualified hardware; the risk that completion of CDR does not guarantee successful qualification, integration or flight; the competitive environment for RF and antenna technologies; supply chain disruptions, shortages or constraints affecting specialized materials and components; schedule delays, technical challenges or cost overruns in complex space and defense programs; uncertainties in U.S. government and commercial space budgets, appropriations and customer spending; changes in applicable laws, regulations or government procurement policies; and other factors described under “Risk Factors” and elsewhere in Lyntris’ filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended, copies of which are available free of charge on the SEC’s website at www.sec.gov under Lyntris Inc.

The forward-looking statements included in this press release are only made as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law.

Nothing in this press release, including use or display of third parties’ trademarks, service marks, trade name or products, should be construed as an approval, endorsement, guarantee or sponsorship by any third parties of Lyntris Inc., its products, business or financial performance or any aspect of this press release.

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SOURCE Lyntris

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McCann Systems Wins Two Commercial Integrator Awards for Best Healthcare and Best Casino Projects

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EDISON, N.J., Sept. 3, 2026 /PRNewswire/ — McCann Systems is proud to announce that two recently completed AV projects have been honored with 2026 Commercial Integrator Awards. McCann earned Best Healthcare Project for the immersive Fortune 500 Company’s Client Experience Center and Best Casino Project for the new Caesars Sportsbook at Monmouth Park.

This recognition marks the ninth consecutive year that McCann has received a prestigious “Best Of” award from Commercial Integrator, highlighting the company’s continued excellence and expertise across a wide range of verticals.

The Best Healthcare Project recognizes McCann’s work on a 5,000-square-foot immersive Client Experience Center designed to elevate storytelling, collaboration, and innovation. The environment brings together interactive LED displays, personalized content, and dynamic experiential spaces to guide guests through the company’s story and solutions. McCann integrated a sophisticated AV infrastructure supporting interactive presentations, engaging experiences, and centralized control, creating a flexible, technology-driven environment that fosters meaningful connections and memorable guest experiences.

The Best Casino Project recognizes McCann’s AV integration for the new Caesars Sportsbook at Monmouth Park, a next-generation sportsbook that brings modern sports entertainment to one of New Jersey’s most historic racetracks. McCann integrated more than 1,600 square feet of LED, 23 large-format displays, more than 50 simultaneous sports and racing feeds, and seven independent audio zones throughout the venue. The result is a high-energy, flexible environment that delivers uninterrupted viewing and wagering information across sportsbook, dining, VIP, and outdoor spaces while honoring Monmouth Park’s rich racing history.

The Commercial Integrator Awards recognize outstanding audiovisual integration projects across the commercial AV industry. McCann’s continued recognition reflects its ability to deliver innovative, high-performance AV environments tailored to the unique needs of each client and space.

About McCann Systems

McCann Systems is a leading audiovisual integration company specializing in the design, engineering, installation, and support of innovative AV environments. With expertise spanning across several markets, McCann delivers technology solutions that transform commercial spaces, create meaningful experiences, and set the standard for innovation in the Pro AV industry.

Contact

Matt Wilson

Director of Marketing

mwilson@mccannsystems.com 

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SOURCE McCann Systems

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