
The global Modular Energy Storage System market size is predicted to grow from US$ 2157 million in 2025 to US$ 3945 million in 2031; it is expected to grow at a CAGR of 10.6% from 2025 to 2031.
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 143%.
The “Modular Energy Storage System Industry Forecast” looks at past sales and reviews total world Modular Energy Storage System sales in 2024, providing a comprehensive analysis by region and market sector of projected Modular Energy Storage System sales for 2025 through 2031. With Modular Energy Storage System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Modular Energy Storage System industry.
This Insight Report provides a comprehensive analysis of the global Modular Energy Storage System 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 Modular Energy Storage System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Modular Energy Storage System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Modular Energy Storage System 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 Modular Energy Storage System.
This report presents a comprehensive overview, market shares, and growth opportunities of Modular Energy Storage System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lithium-ion
Lead-acid
Sodium-Sulfur
Zinc-based and Vanadium-Redox
Others
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.
ABB
AceOn Group
Alfen
Atlas Copco
BYD
CATL
Eaton
EVE Energy
Fluence
Hitachi
Jinko Power
LG
Samsung
Socomec
Tesla
Toshiba
äٲä
Xelectrix
Key Questions Addressed in this Report
What is the 10-year outlook for the global Modular Energy Storage System market?
What factors are driving Modular Energy Storage System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Modular Energy Storage System market opportunities vary by end market size?
How does Modular Energy Storage System 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 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Modular Energy Storage System Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Modular Energy Storage System by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Modular Energy Storage System by Country/Region, 2020, 2024 & 2031
2.2 Modular Energy Storage System Segment by Type
2.2.1 Lithium-ion
2.2.2 Lead-acid
2.2.3 Sodium-Sulfur
2.2.4 Zinc-based and Vanadium-Redox
2.2.5 Others
2.3 Modular Energy Storage System Sales by Type
2.3.1 Global Modular Energy Storage System Sales Market Share by Type (2020-2025)
2.3.2 Global Modular Energy Storage System Revenue and Market Share by Type (2020-2025)
2.3.3 Global Modular Energy Storage System Sale Price by Type (2020-2025)
2.4 Modular Energy Storage System Segment by Application
2.4.1 Residential
2.4.2 Utility & Commercial
2.5 Modular Energy Storage System Sales by Application
2.5.1 Global Modular Energy Storage System Sale Market Share by Application (2020-2025)
2.5.2 Global Modular Energy Storage System Revenue and Market Share by Application (2020-2025)
2.5.3 Global Modular Energy Storage System Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Modular Energy Storage System Breakdown Data by Company
3.1.1 Global Modular Energy Storage System Annual Sales by Company (2020-2025)
3.1.2 Global Modular Energy Storage System Sales Market Share by Company (2020-2025)
3.2 Global Modular Energy Storage System Annual Revenue by Company (2020-2025)
3.2.1 Global Modular Energy Storage System Revenue by Company (2020-2025)
3.2.2 Global Modular Energy Storage System Revenue Market Share by Company (2020-2025)
3.3 Global Modular Energy Storage System Sale Price by Company
3.4 Key Manufacturers Modular Energy Storage System Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Modular Energy Storage System Product Location Distribution
3.4.2 Players Modular Energy Storage System Products Offered
3.5 Market 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 Market M&A Activity & Strategy
4 World Historic Review for Modular Energy Storage System by Geographic Region
4.1 World Historic Modular Energy Storage System Market Size by Geographic Region (2020-2025)
4.1.1 Global Modular Energy Storage System Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Modular Energy Storage System Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Modular Energy Storage System Market Size by Country/Region (2020-2025)
4.2.1 Global Modular Energy Storage System Annual Sales by Country/Region (2020-2025)
4.2.2 Global Modular Energy Storage System Annual Revenue by Country/Region (2020-2025)
4.3 Americas Modular Energy Storage System Sales Growth
4.4 APAC Modular Energy Storage System Sales Growth
4.5 Europe Modular Energy Storage System Sales Growth
4.6 Middle East & Africa Modular Energy Storage System Sales Growth
5 Americas
5.1 Americas Modular Energy Storage System Sales by Country
5.1.1 Americas Modular Energy Storage System Sales by Country (2020-2025)
5.1.2 Americas Modular Energy Storage System Revenue by Country (2020-2025)
5.2 Americas Modular Energy Storage System Sales by Type (2020-2025)
5.3 Americas Modular Energy Storage System Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Modular Energy Storage System Sales by Region
6.1.1 APAC Modular Energy Storage System Sales by Region (2020-2025)
6.1.2 APAC Modular Energy Storage System Revenue by Region (2020-2025)
6.2 APAC Modular Energy Storage System Sales by Type (2020-2025)
6.3 APAC Modular Energy Storage System 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 Modular Energy Storage System by Country
7.1.1 Europe Modular Energy Storage System Sales by Country (2020-2025)
7.1.2 Europe Modular Energy Storage System Revenue by Country (2020-2025)
7.2 Europe Modular Energy Storage System Sales by Type (2020-2025)
7.3 Europe Modular Energy Storage System 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 Modular Energy Storage System by Country
8.1.1 Middle East & Africa Modular Energy Storage System Sales by Country (2020-2025)
8.1.2 Middle East & Africa Modular Energy Storage System Revenue by Country (2020-2025)
8.2 Middle East & Africa Modular Energy Storage System Sales by Type (2020-2025)
8.3 Middle East & Africa Modular Energy Storage System Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Modular Energy Storage System
10.3 Manufacturing Process Analysis of Modular Energy Storage System
10.4 Industry Chain Structure of Modular Energy Storage System
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Modular Energy Storage System Distributors
11.3 Modular Energy Storage System Customer
12 World Forecast Review for Modular Energy Storage System by Geographic Region
12.1 Global Modular Energy Storage System Market Size Forecast by Region
12.1.1 Global Modular Energy Storage System Forecast by Region (2026-2031)
12.1.2 Global Modular Energy Storage System 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 Modular Energy Storage System Forecast by Type (2026-2031)
12.7 Global Modular Energy Storage System Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB Modular Energy Storage System Product Portfolios and Specifications
13.1.3 ABB Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 AceOn Group
13.2.1 AceOn Group Company Information
13.2.2 AceOn Group Modular Energy Storage System Product Portfolios and Specifications
13.2.3 AceOn Group Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 AceOn Group Main Business Overview
13.2.5 AceOn Group Latest Developments
13.3 Alfen
13.3.1 Alfen Company Information
13.3.2 Alfen Modular Energy Storage System Product Portfolios and Specifications
13.3.3 Alfen Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Alfen Main Business Overview
13.3.5 Alfen Latest Developments
13.4 Atlas Copco
13.4.1 Atlas Copco Company Information
13.4.2 Atlas Copco Modular Energy Storage System Product Portfolios and Specifications
13.4.3 Atlas Copco Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Atlas Copco Main Business Overview
13.4.5 Atlas Copco Latest Developments
13.5 BYD
13.5.1 BYD Company Information
13.5.2 BYD Modular Energy Storage System Product Portfolios and Specifications
13.5.3 BYD Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 BYD Main Business Overview
13.5.5 BYD Latest Developments
13.6 CATL
13.6.1 CATL Company Information
13.6.2 CATL Modular Energy Storage System Product Portfolios and Specifications
13.6.3 CATL Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 CATL Main Business Overview
13.6.5 CATL Latest Developments
13.7 Eaton
13.7.1 Eaton Company Information
13.7.2 Eaton Modular Energy Storage System Product Portfolios and Specifications
13.7.3 Eaton Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Eaton Main Business Overview
13.7.5 Eaton Latest Developments
13.8 EVE Energy
13.8.1 EVE Energy Company Information
13.8.2 EVE Energy Modular Energy Storage System Product Portfolios and Specifications
13.8.3 EVE Energy Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 EVE Energy Main Business Overview
13.8.5 EVE Energy Latest Developments
13.9 Fluence
13.9.1 Fluence Company Information
13.9.2 Fluence Modular Energy Storage System Product Portfolios and Specifications
13.9.3 Fluence Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Fluence Main Business Overview
13.9.5 Fluence Latest Developments
13.10 Hitachi
13.10.1 Hitachi Company Information
13.10.2 Hitachi Modular Energy Storage System Product Portfolios and Specifications
13.10.3 Hitachi Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Hitachi Main Business Overview
13.10.5 Hitachi Latest Developments
13.11 Jinko Power
13.11.1 Jinko Power Company Information
13.11.2 Jinko Power Modular Energy Storage System Product Portfolios and Specifications
13.11.3 Jinko Power Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Jinko Power Main Business Overview
13.11.5 Jinko Power Latest Developments
13.12 LG
13.12.1 LG Company Information
13.12.2 LG Modular Energy Storage System Product Portfolios and Specifications
13.12.3 LG Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 LG Main Business Overview
13.12.5 LG Latest Developments
13.13 Samsung
13.13.1 Samsung Company Information
13.13.2 Samsung Modular Energy Storage System Product Portfolios and Specifications
13.13.3 Samsung Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Samsung Main Business Overview
13.13.5 Samsung Latest Developments
13.14 Socomec
13.14.1 Socomec Company Information
13.14.2 Socomec Modular Energy Storage System Product Portfolios and Specifications
13.14.3 Socomec Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Socomec Main Business Overview
13.14.5 Socomec Latest Developments
13.15 Tesla
13.15.1 Tesla Company Information
13.15.2 Tesla Modular Energy Storage System Product Portfolios and Specifications
13.15.3 Tesla Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Tesla Main Business Overview
13.15.5 Tesla Latest Developments
13.16 Toshiba
13.16.1 Toshiba Company Information
13.16.2 Toshiba Modular Energy Storage System Product Portfolios and Specifications
13.16.3 Toshiba Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Toshiba Main Business Overview
13.16.5 Toshiba Latest Developments
13.17 äٲä
13.17.1 äٲä Company Information
13.17.2 äٲä Modular Energy Storage System Product Portfolios and Specifications
13.17.3 äٲä Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 äٲä Main Business Overview
13.17.5 äٲä Latest Developments
13.18 Xelectrix
13.18.1 Xelectrix Company Information
13.18.2 Xelectrix Modular Energy Storage System Product Portfolios and Specifications
13.18.3 Xelectrix Modular Energy Storage System Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Xelectrix Main Business Overview
13.18.5 Xelectrix Latest Developments
14 Research Findings and Conclusion
*If Applicable.
