The global Battery Storage Solution market size was valued at US$ 7912 million in 2024 and is forecast to a readjusted size of USD 35300 million by 2031 with a CAGR of 24.1% during review period.
Battery Storage Solution is a system that stores electrical energy from renewable sources or the grid in batteries, which can then be used during periods of high demand or when the energy source is not available.
According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 30% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
This report is a detailed and comprehensive analysis for global Battery Storage Solution market. Both quantitative and qualitative analyses are presented by company, 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 Battery Storage Solution market size and forecasts, in consumption value ($ Million), 2020-2031
Global Battery Storage Solution market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Battery Storage Solution market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Battery Storage Solution market shares of main players, in revenue ($ Million), 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 Battery Storage Solution
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 Battery Storage Solution market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung SDI, LG Chem, Hitachi, SMA Solar Technology, NGK, Saft Batteries, Lockheed Martin Energy, Eos Energy Storage, General Electric, Primus, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Battery Storage Solution 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. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lithium Solution
Lead Acid Solution
Others
Market segment by Application
Residential
Commercial
Market segment by players, this report covers
Samsung SDI
LG Chem
Hitachi
SMA Solar Technology
NGK
Saft Batteries
Lockheed Martin Energy
Eos Energy Storage
General Electric
Primus
Panasonic
BYD
Aggreko
ABB
Kokam
Fluence Energy
LSIS
Con Edison Solutions
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Battery Storage Solution product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Battery Storage Solution, with revenue, gross margin, and global market share of Battery Storage Solution from 2020 to 2025.
Chapter 3, the Battery Storage Solution competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Battery Storage Solution market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Battery Storage Solution.
Chapter 13, to describe Battery Storage Solution 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 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Battery Storage Solution by Type
1.3.1 Overview: Global Battery Storage Solution Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Battery Storage Solution Consumption Value Market Share by Type in 2024
1.3.3 Lithium Solution
1.3.4 Lead Acid Solution
1.3.5 Others
1.4 Global Battery Storage Solution Market by Application
1.4.1 Overview: Global Battery Storage Solution Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Residential
1.4.3 Commercial
1.5 Global Battery Storage Solution Market Size & Forecast
1.6 Global Battery Storage Solution Market Size and Forecast by Region
1.6.1 Global Battery Storage Solution Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Battery Storage Solution Market Size by Region, (2020-2031)
1.6.3 North America Battery Storage Solution Market Size and Prospect (2020-2031)
1.6.4 Europe Battery Storage Solution Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Battery Storage Solution Market Size and Prospect (2020-2031)
1.6.6 South America Battery Storage Solution Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Battery Storage Solution Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Samsung SDI
2.1.1 Samsung SDI Details
2.1.2 Samsung SDI Major Business
2.1.3 Samsung SDI Battery Storage Solution Product and Solutions
2.1.4 Samsung SDI Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Samsung SDI Recent Developments and Future Plans
2.2 LG Chem
2.2.1 LG Chem Details
2.2.2 LG Chem Major Business
2.2.3 LG Chem Battery Storage Solution Product and Solutions
2.2.4 LG Chem Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 LG Chem Recent Developments and Future Plans
2.3 Hitachi
2.3.1 Hitachi Details
2.3.2 Hitachi Major Business
2.3.3 Hitachi Battery Storage Solution Product and Solutions
2.3.4 Hitachi Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Hitachi Recent Developments and Future Plans
2.4 SMA Solar Technology
2.4.1 SMA Solar Technology Details
2.4.2 SMA Solar Technology Major Business
2.4.3 SMA Solar Technology Battery Storage Solution Product and Solutions
2.4.4 SMA Solar Technology Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 SMA Solar Technology Recent Developments and Future Plans
2.5 NGK
2.5.1 NGK Details
2.5.2 NGK Major Business
2.5.3 NGK Battery Storage Solution Product and Solutions
2.5.4 NGK Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 NGK Recent Developments and Future Plans
2.6 Saft Batteries
2.6.1 Saft Batteries Details
2.6.2 Saft Batteries Major Business
2.6.3 Saft Batteries Battery Storage Solution Product and Solutions
2.6.4 Saft Batteries Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Saft Batteries Recent Developments and Future Plans
2.7 Lockheed Martin Energy
2.7.1 Lockheed Martin Energy Details
2.7.2 Lockheed Martin Energy Major Business
2.7.3 Lockheed Martin Energy Battery Storage Solution Product and Solutions
2.7.4 Lockheed Martin Energy Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Lockheed Martin Energy Recent Developments and Future Plans
2.8 Eos Energy Storage
2.8.1 Eos Energy Storage Details
2.8.2 Eos Energy Storage Major Business
2.8.3 Eos Energy Storage Battery Storage Solution Product and Solutions
2.8.4 Eos Energy Storage Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Eos Energy Storage Recent Developments and Future Plans
2.9 General Electric
2.9.1 General Electric Details
2.9.2 General Electric Major Business
2.9.3 General Electric Battery Storage Solution Product and Solutions
2.9.4 General Electric Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 General Electric Recent Developments and Future Plans
2.10 Primus
2.10.1 Primus Details
2.10.2 Primus Major Business
2.10.3 Primus Battery Storage Solution Product and Solutions
2.10.4 Primus Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Primus Recent Developments and Future Plans
2.11 Panasonic
2.11.1 Panasonic Details
2.11.2 Panasonic Major Business
2.11.3 Panasonic Battery Storage Solution Product and Solutions
2.11.4 Panasonic Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Panasonic Recent Developments and Future Plans
2.12 BYD
2.12.1 BYD Details
2.12.2 BYD Major Business
2.12.3 BYD Battery Storage Solution Product and Solutions
2.12.4 BYD Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 BYD Recent Developments and Future Plans
2.13 Aggreko
2.13.1 Aggreko Details
2.13.2 Aggreko Major Business
2.13.3 Aggreko Battery Storage Solution Product and Solutions
2.13.4 Aggreko Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Aggreko Recent Developments and Future Plans
2.14 ABB
2.14.1 ABB Details
2.14.2 ABB Major Business
2.14.3 ABB Battery Storage Solution Product and Solutions
2.14.4 ABB Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 ABB Recent Developments and Future Plans
2.15 Kokam
2.15.1 Kokam Details
2.15.2 Kokam Major Business
2.15.3 Kokam Battery Storage Solution Product and Solutions
2.15.4 Kokam Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Kokam Recent Developments and Future Plans
2.16 Fluence Energy
2.16.1 Fluence Energy Details
2.16.2 Fluence Energy Major Business
2.16.3 Fluence Energy Battery Storage Solution Product and Solutions
2.16.4 Fluence Energy Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Fluence Energy Recent Developments and Future Plans
2.17 LSIS
2.17.1 LSIS Details
2.17.2 LSIS Major Business
2.17.3 LSIS Battery Storage Solution Product and Solutions
2.17.4 LSIS Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 LSIS Recent Developments and Future Plans
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 Battery Storage Solution Product and Solutions
2.18.4 Con Edison Solutions Battery Storage Solution Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Con Edison Solutions Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Battery Storage Solution Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Battery Storage Solution by Company Revenue
3.2.2 Top 3 Battery Storage Solution Players Market Share in 2024
3.2.3 Top 6 Battery Storage Solution Players Market Share in 2024
3.3 Battery Storage Solution Market: Overall Company Footprint Analysis
3.3.1 Battery Storage Solution Market: Region Footprint
3.3.2 Battery Storage Solution Market: Company Product Type Footprint
3.3.3 Battery Storage Solution Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Battery Storage Solution Consumption Value and Market Share by Type (2020-2025)
4.2 Global Battery Storage Solution Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Battery Storage Solution Consumption Value Market Share by Application (2020-2025)
5.2 Global Battery Storage Solution Market Forecast by Application (2026-2031)
6 North America
6.1 North America Battery Storage Solution Consumption Value by Type (2020-2031)
6.2 North America Battery Storage Solution Market Size by Application (2020-2031)
6.3 North America Battery Storage Solution Market Size by Country
6.3.1 North America Battery Storage Solution Consumption Value by Country (2020-2031)
6.3.2 United States Battery Storage Solution Market Size and Forecast (2020-2031)
6.3.3 Canada Battery Storage Solution Market Size and Forecast (2020-2031)
6.3.4 Mexico Battery Storage Solution Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Battery Storage Solution Consumption Value by Type (2020-2031)
7.2 Europe Battery Storage Solution Consumption Value by Application (2020-2031)
7.3 Europe Battery Storage Solution Market Size by Country
7.3.1 Europe Battery Storage Solution Consumption Value by Country (2020-2031)
7.3.2 Germany Battery Storage Solution Market Size and Forecast (2020-2031)
7.3.3 France Battery Storage Solution Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Battery Storage Solution Market Size and Forecast (2020-2031)
7.3.5 Russia Battery Storage Solution Market Size and Forecast (2020-2031)
7.3.6 Italy Battery Storage Solution Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Battery Storage Solution Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Battery Storage Solution Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Battery Storage Solution Market Size by Region
8.3.1 Asia-Pacific Battery Storage Solution Consumption Value by Region (2020-2031)
8.3.2 China Battery Storage Solution Market Size and Forecast (2020-2031)
8.3.3 Japan Battery Storage Solution Market Size and Forecast (2020-2031)
8.3.4 South Korea Battery Storage Solution Market Size and Forecast (2020-2031)
8.3.5 India Battery Storage Solution Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Battery Storage Solution Market Size and Forecast (2020-2031)
8.3.7 Australia Battery Storage Solution Market Size and Forecast (2020-2031)
9 South America
9.1 South America Battery Storage Solution Consumption Value by Type (2020-2031)
9.2 South America Battery Storage Solution Consumption Value by Application (2020-2031)
9.3 South America Battery Storage Solution Market Size by Country
9.3.1 South America Battery Storage Solution Consumption Value by Country (2020-2031)
9.3.2 Brazil Battery Storage Solution Market Size and Forecast (2020-2031)
9.3.3 Argentina Battery Storage Solution Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Battery Storage Solution Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Battery Storage Solution Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Battery Storage Solution Market Size by Country
10.3.1 Middle East & Africa Battery Storage Solution Consumption Value by Country (2020-2031)
10.3.2 Turkey Battery Storage Solution Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Battery Storage Solution Market Size and Forecast (2020-2031)
10.3.4 UAE Battery Storage Solution Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Battery Storage Solution Market Drivers
11.2 Battery Storage Solution Market Restraints
11.3 Battery Storage Solution Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Battery Storage Solution Industry Chain
12.2 Battery Storage Solution Upstream Analysis
12.3 Battery Storage Solution Midstream Analysis
12.4 Battery Storage Solution Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Samsung SDI
LG Chem
Hitachi
SMA Solar Technology
NGK
Saft Batteries
Lockheed Martin Energy
Eos Energy Storage
General Electric
Primus
Panasonic
BYD
Aggreko
ABB
Kokam
Fluence Energy
LSIS
Con Edison Solutions
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听
*If Applicable.
