The global Storage Battery for Power Supply market size was valued at US$ 12340 million in 2024 and is forecast to a readjusted size of USD 40580 million by 2031 with a CAGR of 18.7% during review period.
Batteries can store energy from on-peak renewable energy and release it when it is more needed in central, de-centralised and off-grid situations. Batteries can also offer grid support services like voltage control and frequency regulation, so maintaining grid stability and flexibility.
Global storage battery for power supply key players include LG hem, EnerSys, GS Yuasa Corporate, etc. North America is the largest market, with a share about 32%, followed by China and Europe, both have a share over 40 percent. In terms of product, beyond 10 KW to 100 KW is the largest segment, with a share over 28%. And in terms of application, the largest application is utilities, followed by communications, etc.
This report is a detailed and comprehensive analysis for global Storage Battery for Power Supply 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 Storage Battery for Power Supply market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWH), 2020-2031
Global Storage Battery for Power Supply market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWH), 2020-2031
Global Storage Battery for Power Supply market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/KWH), 2020-2031
Global Storage Battery for Power Supply market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/KWH), 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 Storage Battery for Power Supply
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 Storage Battery for Power Supply 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 LG hem, EnerSys, GS Yuasa Corporate, Shandong Sacred Sun Power Sources Co. ltd., Samsung SDI, Hoppecke, Toshiba, Kokam, Gotion, Inc., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Storage Battery for Power Supply 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.
Market segment by Type
by Battery Type
by Voltage Range
by Product Type
Market segment by Application
Utilities
Communications
Railway Communication
Others
Major players covered
LG hem
EnerSys
GS Yuasa Corporate
Shandong Sacred Sun Power Sources Co. ltd.
Samsung SDI
Hoppecke
Toshiba
Kokam
Gotion, Inc.
Market 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 Storage Battery for Power Supply product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Storage Battery for Power Supply, with price, sales quantity, revenue, and global market share of Storage Battery for Power Supply from 2020 to 2025.
Chapter 3, the Storage Battery for Power Supply competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Storage Battery for Power Supply 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 Storage Battery for Power Supply 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 Storage Battery for Power Supply.
Chapter 14 and 15, to describe Storage Battery for Power Supply 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 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Storage Battery for Power Supply Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 by Battery Type
1.3.3 by Voltage Range
1.3.4 by Product Type
1.4 Market Analysis by Application
1.4.1 Overview: Global Storage Battery for Power Supply Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Utilities
1.4.3 Communications
1.4.4 Railway Communication
1.4.5 Others
1.5 Global Storage Battery for Power Supply Market Size & Forecast
1.5.1 Global Storage Battery for Power Supply Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Storage Battery for Power Supply Sales Quantity (2020-2031)
1.5.3 Global Storage Battery for Power Supply Average Price (2020-2031)
2 Manufacturers Profiles
2.1 LG hem
2.1.1 LG hem Details
2.1.2 LG hem Major Business
2.1.3 LG hem Storage Battery for Power Supply Product and Services
2.1.4 LG hem Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 LG hem Recent Developments/Updates
2.2 EnerSys
2.2.1 EnerSys Details
2.2.2 EnerSys Major Business
2.2.3 EnerSys Storage Battery for Power Supply Product and Services
2.2.4 EnerSys Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 EnerSys Recent Developments/Updates
2.3 GS Yuasa Corporate
2.3.1 GS Yuasa Corporate Details
2.3.2 GS Yuasa Corporate Major Business
2.3.3 GS Yuasa Corporate Storage Battery for Power Supply Product and Services
2.3.4 GS Yuasa Corporate Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 GS Yuasa Corporate Recent Developments/Updates
2.4 Shandong Sacred Sun Power Sources Co. ltd.
2.4.1 Shandong Sacred Sun Power Sources Co. ltd. Details
2.4.2 Shandong Sacred Sun Power Sources Co. ltd. Major Business
2.4.3 Shandong Sacred Sun Power Sources Co. ltd. Storage Battery for Power Supply Product and Services
2.4.4 Shandong Sacred Sun Power Sources Co. ltd. Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Shandong Sacred Sun Power Sources Co. ltd. Recent Developments/Updates
2.5 Samsung SDI
2.5.1 Samsung SDI Details
2.5.2 Samsung SDI Major Business
2.5.3 Samsung SDI Storage Battery for Power Supply Product and Services
2.5.4 Samsung SDI Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Samsung SDI Recent Developments/Updates
2.6 Hoppecke
2.6.1 Hoppecke Details
2.6.2 Hoppecke Major Business
2.6.3 Hoppecke Storage Battery for Power Supply Product and Services
2.6.4 Hoppecke Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Hoppecke Recent Developments/Updates
2.7 Toshiba
2.7.1 Toshiba Details
2.7.2 Toshiba Major Business
2.7.3 Toshiba Storage Battery for Power Supply Product and Services
2.7.4 Toshiba Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Toshiba Recent Developments/Updates
2.8 Kokam
2.8.1 Kokam Details
2.8.2 Kokam Major Business
2.8.3 Kokam Storage Battery for Power Supply Product and Services
2.8.4 Kokam Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Kokam Recent Developments/Updates
2.9 Gotion, Inc.
2.9.1 Gotion, Inc. Details
2.9.2 Gotion, Inc. Major Business
2.9.3 Gotion, Inc. Storage Battery for Power Supply Product and Services
2.9.4 Gotion, Inc. Storage Battery for Power Supply Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Gotion, Inc. Recent Developments/Updates
3 Competitive Environment: Storage Battery for Power Supply by Manufacturer
3.1 Global Storage Battery for Power Supply Sales Quantity by Manufacturer (2020-2025)
3.2 Global Storage Battery for Power Supply Revenue by Manufacturer (2020-2025)
3.3 Global Storage Battery for Power Supply Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Storage Battery for Power Supply by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Storage Battery for Power Supply Manufacturer Market Share in 2024
3.4.3 Top 6 Storage Battery for Power Supply Manufacturer Market Share in 2024
3.5 Storage Battery for Power Supply Market: Overall Company Footprint Analysis
3.5.1 Storage Battery for Power Supply Market: Region Footprint
3.5.2 Storage Battery for Power Supply Market: Company Product Type Footprint
3.5.3 Storage Battery for Power Supply Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Storage Battery for Power Supply Market Size by Region
4.1.1 Global Storage Battery for Power Supply Sales Quantity by Region (2020-2031)
4.1.2 Global Storage Battery for Power Supply Consumption Value by Region (2020-2031)
4.1.3 Global Storage Battery for Power Supply Average Price by Region (2020-2031)
4.2 North America Storage Battery for Power Supply Consumption Value (2020-2031)
4.3 Europe Storage Battery for Power Supply Consumption Value (2020-2031)
4.4 Asia-Pacific Storage Battery for Power Supply Consumption Value (2020-2031)
4.5 South America Storage Battery for Power Supply Consumption Value (2020-2031)
4.6 Middle East & Africa Storage Battery for Power Supply Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Storage Battery for Power Supply Sales Quantity by Type (2020-2031)
5.2 Global Storage Battery for Power Supply Consumption Value by Type (2020-2031)
5.3 Global Storage Battery for Power Supply Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Storage Battery for Power Supply Sales Quantity by Application (2020-2031)
6.2 Global Storage Battery for Power Supply Consumption Value by Application (2020-2031)
6.3 Global Storage Battery for Power Supply Average Price by Application (2020-2031)
7 North America
7.1 North America Storage Battery for Power Supply Sales Quantity by Type (2020-2031)
7.2 North America Storage Battery for Power Supply Sales Quantity by Application (2020-2031)
7.3 North America Storage Battery for Power Supply Market Size by Country
7.3.1 North America Storage Battery for Power Supply Sales Quantity by Country (2020-2031)
7.3.2 North America Storage Battery for Power Supply Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Storage Battery for Power Supply Sales Quantity by Type (2020-2031)
8.2 Europe Storage Battery for Power Supply Sales Quantity by Application (2020-2031)
8.3 Europe Storage Battery for Power Supply Market Size by Country
8.3.1 Europe Storage Battery for Power Supply Sales Quantity by Country (2020-2031)
8.3.2 Europe Storage Battery for Power Supply Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Storage Battery for Power Supply Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Storage Battery for Power Supply Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Storage Battery for Power Supply Market Size by Region
9.3.1 Asia-Pacific Storage Battery for Power Supply Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Storage Battery for Power Supply Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Storage Battery for Power Supply Sales Quantity by Type (2020-2031)
10.2 South America Storage Battery for Power Supply Sales Quantity by Application (2020-2031)
10.3 South America Storage Battery for Power Supply Market Size by Country
10.3.1 South America Storage Battery for Power Supply Sales Quantity by Country (2020-2031)
10.3.2 South America Storage Battery for Power Supply Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Storage Battery for Power Supply Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Storage Battery for Power Supply Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Storage Battery for Power Supply Market Size by Country
11.3.1 Middle East & Africa Storage Battery for Power Supply Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Storage Battery for Power Supply Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Storage Battery for Power Supply Market Drivers
12.2 Storage Battery for Power Supply Market Restraints
12.3 Storage Battery for Power Supply 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 Storage Battery for Power Supply and Key Manufacturers
13.2 Manufacturing Costs Percentage of Storage Battery for Power Supply
13.3 Storage Battery for Power Supply 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 Storage Battery for Power Supply Typical Distributors
14.3 Storage Battery for Power Supply Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
LG hem
EnerSys
GS Yuasa Corporate
Shandong Sacred Sun Power Sources Co. ltd.
Samsung SDI
Hoppecke
Toshiba
Kokam
Gotion, Inc.
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*If Applicable.
