The global Grid Battery Storage Systems market size was valued at US$ 2694 million in 2024 and is forecast to a readjusted size of USD 3895 million by 2031 with a CAGR of 5.5% during review period.
The energy storage system can realize energy transfer and promote the application of new energy; it can establish a micro grid to provide electricity for areas without electricity; it can adjust peak frequency and frequency to improve the operation stability of the power system. Energy storage system has great strategic significance for the construction of smart grid.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 125%.
This report is a detailed and comprehensive analysis for global Grid Battery Storage Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Grid Battery Storage Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Grid Battery Storage Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Grid Battery Storage Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Grid Battery Storage Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Grid Battery Storage Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Grid Battery Storage Systems market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung SDI, LG Chem, Fluence, Hitachi, Kokam, LS Energy Solutions, SMA Solar Technology, NGK Insulators, GE, Primus Power, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
麻豆原创 Segmentation
Grid Battery Storage Systems market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
麻豆原创 segment by Type
Lithium-Ion Batteries
Sodium鈥揝ulfur Batteries
Lead-Acid Batteries
Others
麻豆原创 segment by Application
Residential
Utility & Commercial
Major players covered
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LS Energy Solutions
SMA Solar Technology
NGK Insulators
GE
Primus Power
Panasonic
BYD Energy
Aggreko
ABB
Saft
Eos Energy Storage
Exergonix
Con Edison Solutions
East Penn Manufacturing
Enerdel
麻豆原创 segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Grid Battery Storage Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Grid Battery Storage Systems, with price, sales quantity, revenue, and global market share of Grid Battery Storage Systems from 2020 to 2025.
Chapter 3, the Grid Battery Storage Systems competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Grid Battery Storage Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Grid Battery Storage Systems market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Grid Battery Storage Systems.
Chapter 14 and 15, to describe Grid Battery Storage Systems sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 麻豆原创 Overview
1.1 Product Overview and Scope
1.2 麻豆原创 Estimation Caveats and Base Year
1.3 麻豆原创 Analysis by Type
1.3.1 Overview: Global Grid Battery Storage Systems Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Lithium-Ion Batteries
1.3.3 Sodium鈥揝ulfur Batteries
1.3.4 Lead-Acid Batteries
1.3.5 Others
1.4 麻豆原创 Analysis by Application
1.4.1 Overview: Global Grid Battery Storage Systems Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Residential
1.4.3 Utility & Commercial
1.5 Global Grid Battery Storage Systems 麻豆原创 Size & Forecast
1.5.1 Global Grid Battery Storage Systems Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Grid Battery Storage Systems Sales Quantity (2020-2031)
1.5.3 Global Grid Battery Storage Systems Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Samsung SDI
2.1.1 Samsung SDI Details
2.1.2 Samsung SDI Major Business
2.1.3 Samsung SDI Grid Battery Storage Systems Product and Services
2.1.4 Samsung SDI Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.1.5 Samsung SDI Recent Developments/Updates
2.2 LG Chem
2.2.1 LG Chem Details
2.2.2 LG Chem Major Business
2.2.3 LG Chem Grid Battery Storage Systems Product and Services
2.2.4 LG Chem Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.2.5 LG Chem Recent Developments/Updates
2.3 Fluence
2.3.1 Fluence Details
2.3.2 Fluence Major Business
2.3.3 Fluence Grid Battery Storage Systems Product and Services
2.3.4 Fluence Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.3.5 Fluence Recent Developments/Updates
2.4 Hitachi
2.4.1 Hitachi Details
2.4.2 Hitachi Major Business
2.4.3 Hitachi Grid Battery Storage Systems Product and Services
2.4.4 Hitachi Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.4.5 Hitachi Recent Developments/Updates
2.5 Kokam
2.5.1 Kokam Details
2.5.2 Kokam Major Business
2.5.3 Kokam Grid Battery Storage Systems Product and Services
2.5.4 Kokam Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.5.5 Kokam Recent Developments/Updates
2.6 LS Energy Solutions
2.6.1 LS Energy Solutions Details
2.6.2 LS Energy Solutions Major Business
2.6.3 LS Energy Solutions Grid Battery Storage Systems Product and Services
2.6.4 LS Energy Solutions Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.6.5 LS Energy Solutions Recent Developments/Updates
2.7 SMA Solar Technology
2.7.1 SMA Solar Technology Details
2.7.2 SMA Solar Technology Major Business
2.7.3 SMA Solar Technology Grid Battery Storage Systems Product and Services
2.7.4 SMA Solar Technology Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.7.5 SMA Solar Technology Recent Developments/Updates
2.8 NGK Insulators
2.8.1 NGK Insulators Details
2.8.2 NGK Insulators Major Business
2.8.3 NGK Insulators Grid Battery Storage Systems Product and Services
2.8.4 NGK Insulators Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.8.5 NGK Insulators Recent Developments/Updates
2.9 GE
2.9.1 GE Details
2.9.2 GE Major Business
2.9.3 GE Grid Battery Storage Systems Product and Services
2.9.4 GE Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.9.5 GE Recent Developments/Updates
2.10 Primus Power
2.10.1 Primus Power Details
2.10.2 Primus Power Major Business
2.10.3 Primus Power Grid Battery Storage Systems Product and Services
2.10.4 Primus Power Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.10.5 Primus Power Recent Developments/Updates
2.11 Panasonic
2.11.1 Panasonic Details
2.11.2 Panasonic Major Business
2.11.3 Panasonic Grid Battery Storage Systems Product and Services
2.11.4 Panasonic Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.11.5 Panasonic Recent Developments/Updates
2.12 BYD Energy
2.12.1 BYD Energy Details
2.12.2 BYD Energy Major Business
2.12.3 BYD Energy Grid Battery Storage Systems Product and Services
2.12.4 BYD Energy Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.12.5 BYD Energy Recent Developments/Updates
2.13 Aggreko
2.13.1 Aggreko Details
2.13.2 Aggreko Major Business
2.13.3 Aggreko Grid Battery Storage Systems Product and Services
2.13.4 Aggreko Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.13.5 Aggreko Recent Developments/Updates
2.14 ABB
2.14.1 ABB Details
2.14.2 ABB Major Business
2.14.3 ABB Grid Battery Storage Systems Product and Services
2.14.4 ABB Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.14.5 ABB Recent Developments/Updates
2.15 Saft
2.15.1 Saft Details
2.15.2 Saft Major Business
2.15.3 Saft Grid Battery Storage Systems Product and Services
2.15.4 Saft Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.15.5 Saft Recent Developments/Updates
2.16 Eos Energy Storage
2.16.1 Eos Energy Storage Details
2.16.2 Eos Energy Storage Major Business
2.16.3 Eos Energy Storage Grid Battery Storage Systems Product and Services
2.16.4 Eos Energy Storage Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.16.5 Eos Energy Storage Recent Developments/Updates
2.17 Exergonix
2.17.1 Exergonix Details
2.17.2 Exergonix Major Business
2.17.3 Exergonix Grid Battery Storage Systems Product and Services
2.17.4 Exergonix Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.17.5 Exergonix Recent Developments/Updates
2.18 Con Edison Solutions
2.18.1 Con Edison Solutions Details
2.18.2 Con Edison Solutions Major Business
2.18.3 Con Edison Solutions Grid Battery Storage Systems Product and Services
2.18.4 Con Edison Solutions Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.18.5 Con Edison Solutions Recent Developments/Updates
2.19 East Penn Manufacturing
2.19.1 East Penn Manufacturing Details
2.19.2 East Penn Manufacturing Major Business
2.19.3 East Penn Manufacturing Grid Battery Storage Systems Product and Services
2.19.4 East Penn Manufacturing Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.19.5 East Penn Manufacturing Recent Developments/Updates
2.20 Enerdel
2.20.1 Enerdel Details
2.20.2 Enerdel Major Business
2.20.3 Enerdel Grid Battery Storage Systems Product and Services
2.20.4 Enerdel Grid Battery Storage Systems Sales Quantity, Average Price, Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
2.20.5 Enerdel Recent Developments/Updates
3 Competitive Environment: Grid Battery Storage Systems by Manufacturer
3.1 Global Grid Battery Storage Systems Sales Quantity by Manufacturer (2020-2025)
3.2 Global Grid Battery Storage Systems Revenue by Manufacturer (2020-2025)
3.3 Global Grid Battery Storage Systems Average Price by Manufacturer (2020-2025)
3.4 麻豆原创 Share Analysis (2024)
3.4.1 Producer Shipments of Grid Battery Storage Systems by Manufacturer Revenue ($MM) and 麻豆原创 Share (%): 2024
3.4.2 Top 3 Grid Battery Storage Systems Manufacturer 麻豆原创 Share in 2024
3.4.3 Top 6 Grid Battery Storage Systems Manufacturer 麻豆原创 Share in 2024
3.5 Grid Battery Storage Systems 麻豆原创: Overall Company Footprint Analysis
3.5.1 Grid Battery Storage Systems 麻豆原创: Region Footprint
3.5.2 Grid Battery Storage Systems 麻豆原创: Company Product Type Footprint
3.5.3 Grid Battery Storage Systems 麻豆原创: Company Product Application Footprint
3.6 New 麻豆原创 Entrants and Barriers to 麻豆原创 Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Grid Battery Storage Systems 麻豆原创 Size by Region
4.1.1 Global Grid Battery Storage Systems Sales Quantity by Region (2020-2031)
4.1.2 Global Grid Battery Storage Systems Consumption Value by Region (2020-2031)
4.1.3 Global Grid Battery Storage Systems Average Price by Region (2020-2031)
4.2 North America Grid Battery Storage Systems Consumption Value (2020-2031)
4.3 Europe Grid Battery Storage Systems Consumption Value (2020-2031)
4.4 Asia-Pacific Grid Battery Storage Systems Consumption Value (2020-2031)
4.5 South America Grid Battery Storage Systems Consumption Value (2020-2031)
4.6 Middle East & Africa Grid Battery Storage Systems Consumption Value (2020-2031)
5 麻豆原创 Segment by Type
5.1 Global Grid Battery Storage Systems Sales Quantity by Type (2020-2031)
5.2 Global Grid Battery Storage Systems Consumption Value by Type (2020-2031)
5.3 Global Grid Battery Storage Systems Average Price by Type (2020-2031)
6 麻豆原创 Segment by Application
6.1 Global Grid Battery Storage Systems Sales Quantity by Application (2020-2031)
6.2 Global Grid Battery Storage Systems Consumption Value by Application (2020-2031)
6.3 Global Grid Battery Storage Systems Average Price by Application (2020-2031)
7 North America
7.1 North America Grid Battery Storage Systems Sales Quantity by Type (2020-2031)
7.2 North America Grid Battery Storage Systems Sales Quantity by Application (2020-2031)
7.3 North America Grid Battery Storage Systems 麻豆原创 Size by Country
7.3.1 North America Grid Battery Storage Systems Sales Quantity by Country (2020-2031)
7.3.2 North America Grid Battery Storage Systems Consumption Value by Country (2020-2031)
7.3.3 United States 麻豆原创 Size and Forecast (2020-2031)
7.3.4 Canada 麻豆原创 Size and Forecast (2020-2031)
7.3.5 Mexico 麻豆原创 Size and Forecast (2020-2031)
8 Europe
8.1 Europe Grid Battery Storage Systems Sales Quantity by Type (2020-2031)
8.2 Europe Grid Battery Storage Systems Sales Quantity by Application (2020-2031)
8.3 Europe Grid Battery Storage Systems 麻豆原创 Size by Country
8.3.1 Europe Grid Battery Storage Systems Sales Quantity by Country (2020-2031)
8.3.2 Europe Grid Battery Storage Systems Consumption Value by Country (2020-2031)
8.3.3 Germany 麻豆原创 Size and Forecast (2020-2031)
8.3.4 France 麻豆原创 Size and Forecast (2020-2031)
8.3.5 United Kingdom 麻豆原创 Size and Forecast (2020-2031)
8.3.6 Russia 麻豆原创 Size and Forecast (2020-2031)
8.3.7 Italy 麻豆原创 Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Grid Battery Storage Systems Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Grid Battery Storage Systems Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Grid Battery Storage Systems 麻豆原创 Size by Region
9.3.1 Asia-Pacific Grid Battery Storage Systems Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Grid Battery Storage Systems Consumption Value by Region (2020-2031)
9.3.3 China 麻豆原创 Size and Forecast (2020-2031)
9.3.4 Japan 麻豆原创 Size and Forecast (2020-2031)
9.3.5 South Korea 麻豆原创 Size and Forecast (2020-2031)
9.3.6 India 麻豆原创 Size and Forecast (2020-2031)
9.3.7 Southeast Asia 麻豆原创 Size and Forecast (2020-2031)
9.3.8 Australia 麻豆原创 Size and Forecast (2020-2031)
10 South America
10.1 South America Grid Battery Storage Systems Sales Quantity by Type (2020-2031)
10.2 South America Grid Battery Storage Systems Sales Quantity by Application (2020-2031)
10.3 South America Grid Battery Storage Systems 麻豆原创 Size by Country
10.3.1 South America Grid Battery Storage Systems Sales Quantity by Country (2020-2031)
10.3.2 South America Grid Battery Storage Systems Consumption Value by Country (2020-2031)
10.3.3 Brazil 麻豆原创 Size and Forecast (2020-2031)
10.3.4 Argentina 麻豆原创 Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Grid Battery Storage Systems Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Grid Battery Storage Systems Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Grid Battery Storage Systems 麻豆原创 Size by Country
11.3.1 Middle East & Africa Grid Battery Storage Systems Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Grid Battery Storage Systems Consumption Value by Country (2020-2031)
11.3.3 Turkey 麻豆原创 Size and Forecast (2020-2031)
11.3.4 Egypt 麻豆原创 Size and Forecast (2020-2031)
11.3.5 Saudi Arabia 麻豆原创 Size and Forecast (2020-2031)
11.3.6 South Africa 麻豆原创 Size and Forecast (2020-2031)
12 麻豆原创 Dynamics
12.1 Grid Battery Storage Systems 麻豆原创 Drivers
12.2 Grid Battery Storage Systems 麻豆原创 Restraints
12.3 Grid Battery Storage Systems Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Grid Battery Storage Systems and Key Manufacturers
13.2 Manufacturing Costs Percentage of Grid Battery Storage Systems
13.3 Grid Battery Storage Systems Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Grid Battery Storage Systems Typical Distributors
14.3 Grid Battery Storage Systems Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LS Energy Solutions
SMA Solar Technology
NGK Insulators
GE
Primus Power
Panasonic
BYD Energy
Aggreko
ABB
Saft
Eos Energy Storage
Exergonix
Con Edison Solutions
East Penn Manufacturing
Enerdel
听
听
*If Applicable.
