The global Battery Energy Storage System (ESS） market size is predicted to grow from US$ 5710 million in 2025 to US$ 15950 million in 2031; it is expected to grow at a CAGR of 18.7% from 2025 to 2031.
Battery Energy Storage Systems, or BESS, are rechargeable batteries that can store energy from different sources and discharge it when needed. BESS consist of one or more batteries and can be used to balance the electric grid, provide backup power and improve grid stability.
The Battery Energy Storage System (BESS) market refers to the industry focused on the deployment, development, and operation of systems that store electrical energy using batteries. These systems are crucial for improving grid stability, supporting renewable energy integration, and offering backup power solutions. The increasing reliance on renewable energy sources like wind and solar, which are intermittent, drives the demand for BESS to store excess energy and release it when generation is low. Aging grid infrastructure needs upgrades for better reliability and efficiency, and BESS provides an essential role in stabilizing the grid and balancing supply and demand. With growing concerns over power outages, BESS provides backup energy for homes, businesses, and critical infrastructure. The U.S. is a key player in the BESS market, driven by large-scale renewable energy projects, government policies, and electric vehicle adoption. Countries like Germany, the UK, and Spain are investing heavily in energy storage to complement their renewable energy targets. China and Japan lead the market, with substantial investments in grid stability, renewable energy integration, and energy storage technology. Increasing demand for energy storage due to energy diversification and renewable energy growth. The global BESS market is expected to continue growing rapidly, driven by the need for energy storage solutions that help manage intermittent renewable power and ensure grid stability. With further advancements in battery technology and decreasing costs, energy storage will become more accessible for a wider range of applications, from utility-scale projects to residential use.
The “Battery Energy Storage System (ESS） Industry Forecast” looks at past sales and reviews total world Battery Energy Storage System (ESS） sales in 2024, providing a comprehensive analysis by region and market sector of projected Battery Energy Storage System (ESS） sales for 2025 through 2031. With Battery Energy Storage System (ESS） sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battery Energy Storage System (ESS） industry.
This Insight Report provides a comprehensive analysis of the global Battery Energy Storage System (ESS） landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battery Energy Storage System (ESS） portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Battery Energy Storage System (ESS） market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battery Energy Storage System (ESS） and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Battery Energy Storage System (ESS）.
This report presents a comprehensive overview, market shares, and growth opportunities of Battery Energy Storage System (ESS） market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lithium
Lead Acid
NaS
Other
Segmentation by Application:
Residential
Utility & Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CATL
Samsung SDI
LG
Tesla
Fluence
Great Power
BYD
EVE
Panasonic
Saft Group
Pylon Technologies
Hitachi
Kokam
Toshiba
Gotion
CALB
Narada
Key Questions Addressed in this Report
What is the 10-year outlook for the global Battery Energy Storage System (ESS） market?
What factors are driving Battery Energy Storage System (ESS） market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Battery Energy Storage System (ESS） market opportunities vary by end market size?
How does Battery Energy Storage System (ESS） break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 鶹ԭ Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 鶹ԭ Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 鶹ԭ Estimation Caveats
2 Executive Summary
2.1 World 鶹ԭ Overview
2.1.1 Global Battery Energy Storage System (ESS） Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Battery Energy Storage System (ESS） by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Battery Energy Storage System (ESS） by Country/Region, 2020, 2024 & 2031
2.2 Battery Energy Storage System (ESS） Segment by Type
2.2.1 Lithium
2.2.2 Lead Acid
2.2.3 NaS
2.2.4 Other
2.3 Battery Energy Storage System (ESS） Sales by Type
2.3.1 Global Battery Energy Storage System (ESS） Sales 鶹ԭ Share by Type (2020-2025)
2.3.2 Global Battery Energy Storage System (ESS） Revenue and 鶹ԭ Share by Type (2020-2025)
2.3.3 Global Battery Energy Storage System (ESS） Sale Price by Type (2020-2025)
2.4 Battery Energy Storage System (ESS） Segment by Application
2.4.1 Residential
2.4.2 Utility & Commercial
2.5 Battery Energy Storage System (ESS） Sales by Application
2.5.1 Global Battery Energy Storage System (ESS） Sale 鶹ԭ Share by Application (2020-2025)
2.5.2 Global Battery Energy Storage System (ESS） Revenue and 鶹ԭ Share by Application (2020-2025)
2.5.3 Global Battery Energy Storage System (ESS） Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Battery Energy Storage System (ESS） Breakdown Data by Company
3.1.1 Global Battery Energy Storage System (ESS） Annual Sales by Company (2020-2025)
3.1.2 Global Battery Energy Storage System (ESS） Sales 鶹ԭ Share by Company (2020-2025)
3.2 Global Battery Energy Storage System (ESS） Annual Revenue by Company (2020-2025)
3.2.1 Global Battery Energy Storage System (ESS） Revenue by Company (2020-2025)
3.2.2 Global Battery Energy Storage System (ESS） Revenue 鶹ԭ Share by Company (2020-2025)
3.3 Global Battery Energy Storage System (ESS） Sale Price by Company
3.4 Key Manufacturers Battery Energy Storage System (ESS） Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Battery Energy Storage System (ESS） Product Location Distribution
3.4.2 Players Battery Energy Storage System (ESS） Products Offered
3.5 鶹ԭ Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 鶹ԭ M&A Activity & Strategy
4 World Historic Review for Battery Energy Storage System (ESS） by Geographic Region
4.1 World Historic Battery Energy Storage System (ESS） 鶹ԭ Size by Geographic Region (2020-2025)
4.1.1 Global Battery Energy Storage System (ESS） Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Battery Energy Storage System (ESS） Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Battery Energy Storage System (ESS） 鶹ԭ Size by Country/Region (2020-2025)
4.2.1 Global Battery Energy Storage System (ESS） Annual Sales by Country/Region (2020-2025)
4.2.2 Global Battery Energy Storage System (ESS） Annual Revenue by Country/Region (2020-2025)
4.3 Americas Battery Energy Storage System (ESS） Sales Growth
4.4 APAC Battery Energy Storage System (ESS） Sales Growth
4.5 Europe Battery Energy Storage System (ESS） Sales Growth
4.6 Middle East & Africa Battery Energy Storage System (ESS） Sales Growth
5 Americas
5.1 Americas Battery Energy Storage System (ESS） Sales by Country
5.1.1 Americas Battery Energy Storage System (ESS） Sales by Country (2020-2025)
5.1.2 Americas Battery Energy Storage System (ESS） Revenue by Country (2020-2025)
5.2 Americas Battery Energy Storage System (ESS） Sales by Type (2020-2025)
5.3 Americas Battery Energy Storage System (ESS） Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Battery Energy Storage System (ESS） Sales by Region
6.1.1 APAC Battery Energy Storage System (ESS） Sales by Region (2020-2025)
6.1.2 APAC Battery Energy Storage System (ESS） Revenue by Region (2020-2025)
6.2 APAC Battery Energy Storage System (ESS） Sales by Type (2020-2025)
6.3 APAC Battery Energy Storage System (ESS） Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Battery Energy Storage System (ESS） by Country
7.1.1 Europe Battery Energy Storage System (ESS） Sales by Country (2020-2025)
7.1.2 Europe Battery Energy Storage System (ESS） Revenue by Country (2020-2025)
7.2 Europe Battery Energy Storage System (ESS） Sales by Type (2020-2025)
7.3 Europe Battery Energy Storage System (ESS） Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Battery Energy Storage System (ESS） by Country
8.1.1 Middle East & Africa Battery Energy Storage System (ESS） Sales by Country (2020-2025)
8.1.2 Middle East & Africa Battery Energy Storage System (ESS） Revenue by Country (2020-2025)
8.2 Middle East & Africa Battery Energy Storage System (ESS） Sales by Type (2020-2025)
8.3 Middle East & Africa Battery Energy Storage System (ESS） Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 鶹ԭ Drivers, Challenges and Trends
9.1 鶹ԭ Drivers & Growth Opportunities
9.2 鶹ԭ Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Battery Energy Storage System (ESS）
10.3 Manufacturing Process Analysis of Battery Energy Storage System (ESS）
10.4 Industry Chain Structure of Battery Energy Storage System (ESS）
11 鶹ԭing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Battery Energy Storage System (ESS） Distributors
11.3 Battery Energy Storage System (ESS） Customer
12 World Forecast Review for Battery Energy Storage System (ESS） by Geographic Region
12.1 Global Battery Energy Storage System (ESS） 鶹ԭ Size Forecast by Region
12.1.1 Global Battery Energy Storage System (ESS） Forecast by Region (2026-2031)
12.1.2 Global Battery Energy Storage System (ESS） Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Battery Energy Storage System (ESS） Forecast by Type (2026-2031)
12.7 Global Battery Energy Storage System (ESS） Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 CATL
13.1.1 CATL Company Information
13.1.2 CATL Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.1.3 CATL Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 CATL Main Business Overview
13.1.5 CATL Latest Developments
13.2 Samsung SDI
13.2.1 Samsung SDI Company Information
13.2.2 Samsung SDI Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.2.3 Samsung SDI Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Samsung SDI Main Business Overview
13.2.5 Samsung SDI Latest Developments
13.3 LG
13.3.1 LG Company Information
13.3.2 LG Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.3.3 LG Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 LG Main Business Overview
13.3.5 LG Latest Developments
13.4 Tesla
13.4.1 Tesla Company Information
13.4.2 Tesla Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.4.3 Tesla Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Tesla Main Business Overview
13.4.5 Tesla Latest Developments
13.5 Fluence
13.5.1 Fluence Company Information
13.5.2 Fluence Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.5.3 Fluence Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Fluence Main Business Overview
13.5.5 Fluence Latest Developments
13.6 Great Power
13.6.1 Great Power Company Information
13.6.2 Great Power Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.6.3 Great Power Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Great Power Main Business Overview
13.6.5 Great Power Latest Developments
13.7 BYD
13.7.1 BYD Company Information
13.7.2 BYD Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.7.3 BYD Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 BYD Main Business Overview
13.7.5 BYD Latest Developments
13.8 EVE
13.8.1 EVE Company Information
13.8.2 EVE Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.8.3 EVE Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 EVE Main Business Overview
13.8.5 EVE Latest Developments
13.9 Panasonic
13.9.1 Panasonic Company Information
13.9.2 Panasonic Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.9.3 Panasonic Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Panasonic Main Business Overview
13.9.5 Panasonic Latest Developments
13.10 Saft Group
13.10.1 Saft Group Company Information
13.10.2 Saft Group Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.10.3 Saft Group Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Saft Group Main Business Overview
13.10.5 Saft Group Latest Developments
13.11 Pylon Technologies
13.11.1 Pylon Technologies Company Information
13.11.2 Pylon Technologies Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.11.3 Pylon Technologies Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Pylon Technologies Main Business Overview
13.11.5 Pylon Technologies Latest Developments
13.12 Hitachi
13.12.1 Hitachi Company Information
13.12.2 Hitachi Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.12.3 Hitachi Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hitachi Main Business Overview
13.12.5 Hitachi Latest Developments
13.13 Kokam
13.13.1 Kokam Company Information
13.13.2 Kokam Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.13.3 Kokam Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Kokam Main Business Overview
13.13.5 Kokam Latest Developments
13.14 Toshiba
13.14.1 Toshiba Company Information
13.14.2 Toshiba Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.14.3 Toshiba Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Toshiba Main Business Overview
13.14.5 Toshiba Latest Developments
13.15 Gotion
13.15.1 Gotion Company Information
13.15.2 Gotion Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.15.3 Gotion Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Gotion Main Business Overview
13.15.5 Gotion Latest Developments
13.16 CALB
13.16.1 CALB Company Information
13.16.2 CALB Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.16.3 CALB Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 CALB Main Business Overview
13.16.5 CALB Latest Developments
13.17 Narada
13.17.1 Narada Company Information
13.17.2 Narada Battery Energy Storage System (ESS） Product Portfolios and Specifications
13.17.3 Narada Battery Energy Storage System (ESS） Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Narada Main Business Overview
13.17.5 Narada Latest Developments
14 Research Findings and Conclusion
*If Applicable.
