
The global Utility-Scale Energy Storage Solution market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world"s largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU"s dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. 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 100% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.
The “Utility-Scale Energy Storage Solution Industry Forecast” looks at past sales and reviews total world Utility-Scale Energy Storage Solution sales in 2024, providing a comprehensive analysis by region and market sector of projected Utility-Scale Energy Storage Solution sales for 2025 through 2031. With Utility-Scale Energy Storage Solution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Utility-Scale Energy Storage Solution industry.
This Insight Report provides a comprehensive analysis of the global Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Utility-Scale Energy Storage Solution market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution.
This report presents a comprehensive overview, market shares, and growth opportunities of Utility-Scale Energy Storage Solution market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Lithium Ion Battery
Sodium Sulfur Battery
Lead-acid Battery
Segmentation by Application:
Land
Ocean
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
Anesco
EVESCO
Invinity
Vistra
Powin
Lightsource bp
REVOV
Sungrow
NHOA Energy
JB Battery Technology
Hitachi
Nomad Power
Dynapower
Mornington BESS
Ocean Grazer
Toshiba
Convergent
Immersa
ESS Inc.
Tesla
Key Questions Addressed in this Report
What is the 10-year outlook for the global Utility-Scale Energy Storage Solution market?
What factors are driving Utility-Scale Energy Storage Solution market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Utility-Scale Energy Storage Solution market opportunities vary by end market size?
How does Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Utility-Scale Energy Storage Solution by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Utility-Scale Energy Storage Solution by Country/Region, 2020, 2024 & 2031
2.2 Utility-Scale Energy Storage Solution Segment by Type
2.2.1 Lithium Ion Battery
2.2.2 Sodium Sulfur Battery
2.2.3 Lead-acid Battery
2.3 Utility-Scale Energy Storage Solution Sales by Type
2.3.1 Global Utility-Scale Energy Storage Solution Sales Market Share by Type (2020-2025)
2.3.2 Global Utility-Scale Energy Storage Solution Revenue and Market Share by Type (2020-2025)
2.3.3 Global Utility-Scale Energy Storage Solution Sale Price by Type (2020-2025)
2.4 Utility-Scale Energy Storage Solution Segment by Application
2.4.1 Land
2.4.2 Ocean
2.5 Utility-Scale Energy Storage Solution Sales by Application
2.5.1 Global Utility-Scale Energy Storage Solution Sale Market Share by Application (2020-2025)
2.5.2 Global Utility-Scale Energy Storage Solution Revenue and Market Share by Application (2020-2025)
2.5.3 Global Utility-Scale Energy Storage Solution Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Utility-Scale Energy Storage Solution Breakdown Data by Company
3.1.1 Global Utility-Scale Energy Storage Solution Annual Sales by Company (2020-2025)
3.1.2 Global Utility-Scale Energy Storage Solution Sales Market Share by Company (2020-2025)
3.2 Global Utility-Scale Energy Storage Solution Annual Revenue by Company (2020-2025)
3.2.1 Global Utility-Scale Energy Storage Solution Revenue by Company (2020-2025)
3.2.2 Global Utility-Scale Energy Storage Solution Revenue Market Share by Company (2020-2025)
3.3 Global Utility-Scale Energy Storage Solution Sale Price by Company
3.4 Key Manufacturers Utility-Scale Energy Storage Solution Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Utility-Scale Energy Storage Solution Product Location Distribution
3.4.2 Players Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution by Geographic Region
4.1 World Historic Utility-Scale Energy Storage Solution Market Size by Geographic Region (2020-2025)
4.1.1 Global Utility-Scale Energy Storage Solution Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Utility-Scale Energy Storage Solution Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Utility-Scale Energy Storage Solution Market Size by Country/Region (2020-2025)
4.2.1 Global Utility-Scale Energy Storage Solution Annual Sales by Country/Region (2020-2025)
4.2.2 Global Utility-Scale Energy Storage Solution Annual Revenue by Country/Region (2020-2025)
4.3 Americas Utility-Scale Energy Storage Solution Sales Growth
4.4 APAC Utility-Scale Energy Storage Solution Sales Growth
4.5 Europe Utility-Scale Energy Storage Solution Sales Growth
4.6 Middle East & Africa Utility-Scale Energy Storage Solution Sales Growth
5 Americas
5.1 Americas Utility-Scale Energy Storage Solution Sales by Country
5.1.1 Americas Utility-Scale Energy Storage Solution Sales by Country (2020-2025)
5.1.2 Americas Utility-Scale Energy Storage Solution Revenue by Country (2020-2025)
5.2 Americas Utility-Scale Energy Storage Solution Sales by Type (2020-2025)
5.3 Americas Utility-Scale Energy Storage Solution Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Utility-Scale Energy Storage Solution Sales by Region
6.1.1 APAC Utility-Scale Energy Storage Solution Sales by Region (2020-2025)
6.1.2 APAC Utility-Scale Energy Storage Solution Revenue by Region (2020-2025)
6.2 APAC Utility-Scale Energy Storage Solution Sales by Type (2020-2025)
6.3 APAC Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution by Country
7.1.1 Europe Utility-Scale Energy Storage Solution Sales by Country (2020-2025)
7.1.2 Europe Utility-Scale Energy Storage Solution Revenue by Country (2020-2025)
7.2 Europe Utility-Scale Energy Storage Solution Sales by Type (2020-2025)
7.3 Europe Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution by Country
8.1.1 Middle East & Africa Utility-Scale Energy Storage Solution Sales by Country (2020-2025)
8.1.2 Middle East & Africa Utility-Scale Energy Storage Solution Revenue by Country (2020-2025)
8.2 Middle East & Africa Utility-Scale Energy Storage Solution Sales by Type (2020-2025)
8.3 Middle East & Africa Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution
10.3 Manufacturing Process Analysis of Utility-Scale Energy Storage Solution
10.4 Industry Chain Structure of Utility-Scale Energy Storage Solution
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Utility-Scale Energy Storage Solution Distributors
11.3 Utility-Scale Energy Storage Solution Customer
12 World Forecast Review for Utility-Scale Energy Storage Solution by Geographic Region
12.1 Global Utility-Scale Energy Storage Solution Market Size Forecast by Region
12.1.1 Global Utility-Scale Energy Storage Solution Forecast by Region (2026-2031)
12.1.2 Global Utility-Scale Energy Storage Solution 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 Utility-Scale Energy Storage Solution Forecast by Type (2026-2031)
12.7 Global Utility-Scale Energy Storage Solution Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.1.3 ABB Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 Anesco
13.2.1 Anesco Company Information
13.2.2 Anesco Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.2.3 Anesco Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Anesco Main Business Overview
13.2.5 Anesco Latest Developments
13.3 EVESCO
13.3.1 EVESCO Company Information
13.3.2 EVESCO Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.3.3 EVESCO Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 EVESCO Main Business Overview
13.3.5 EVESCO Latest Developments
13.4 Invinity
13.4.1 Invinity Company Information
13.4.2 Invinity Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.4.3 Invinity Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Invinity Main Business Overview
13.4.5 Invinity Latest Developments
13.5 Vistra
13.5.1 Vistra Company Information
13.5.2 Vistra Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.5.3 Vistra Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Vistra Main Business Overview
13.5.5 Vistra Latest Developments
13.6 Powin
13.6.1 Powin Company Information
13.6.2 Powin Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.6.3 Powin Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Powin Main Business Overview
13.6.5 Powin Latest Developments
13.7 Lightsource bp
13.7.1 Lightsource bp Company Information
13.7.2 Lightsource bp Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.7.3 Lightsource bp Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Lightsource bp Main Business Overview
13.7.5 Lightsource bp Latest Developments
13.8 REVOV
13.8.1 REVOV Company Information
13.8.2 REVOV Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.8.3 REVOV Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 REVOV Main Business Overview
13.8.5 REVOV Latest Developments
13.9 Sungrow
13.9.1 Sungrow Company Information
13.9.2 Sungrow Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.9.3 Sungrow Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Sungrow Main Business Overview
13.9.5 Sungrow Latest Developments
13.10 NHOA Energy
13.10.1 NHOA Energy Company Information
13.10.2 NHOA Energy Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.10.3 NHOA Energy Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 NHOA Energy Main Business Overview
13.10.5 NHOA Energy Latest Developments
13.11 JB Battery Technology
13.11.1 JB Battery Technology Company Information
13.11.2 JB Battery Technology Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.11.3 JB Battery Technology Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 JB Battery Technology Main Business Overview
13.11.5 JB Battery Technology Latest Developments
13.12 Hitachi
13.12.1 Hitachi Company Information
13.12.2 Hitachi Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.12.3 Hitachi Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hitachi Main Business Overview
13.12.5 Hitachi Latest Developments
13.13 Nomad Power
13.13.1 Nomad Power Company Information
13.13.2 Nomad Power Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.13.3 Nomad Power Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Nomad Power Main Business Overview
13.13.5 Nomad Power Latest Developments
13.14 Dynapower
13.14.1 Dynapower Company Information
13.14.2 Dynapower Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.14.3 Dynapower Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Dynapower Main Business Overview
13.14.5 Dynapower Latest Developments
13.15 Mornington BESS
13.15.1 Mornington BESS Company Information
13.15.2 Mornington BESS Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.15.3 Mornington BESS Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Mornington BESS Main Business Overview
13.15.5 Mornington BESS Latest Developments
13.16 Ocean Grazer
13.16.1 Ocean Grazer Company Information
13.16.2 Ocean Grazer Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.16.3 Ocean Grazer Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Ocean Grazer Main Business Overview
13.16.5 Ocean Grazer Latest Developments
13.17 Toshiba
13.17.1 Toshiba Company Information
13.17.2 Toshiba Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.17.3 Toshiba Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Toshiba Main Business Overview
13.17.5 Toshiba Latest Developments
13.18 Convergent
13.18.1 Convergent Company Information
13.18.2 Convergent Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.18.3 Convergent Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Convergent Main Business Overview
13.18.5 Convergent Latest Developments
13.19 Immersa
13.19.1 Immersa Company Information
13.19.2 Immersa Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.19.3 Immersa Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Immersa Main Business Overview
13.19.5 Immersa Latest Developments
13.20 ESS Inc.
13.20.1 ESS Inc. Company Information
13.20.2 ESS Inc. Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.20.3 ESS Inc. Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 ESS Inc. Main Business Overview
13.20.5 ESS Inc. Latest Developments
13.21 Tesla
13.21.1 Tesla Company Information
13.21.2 Tesla Utility-Scale Energy Storage Solution Product Portfolios and Specifications
13.21.3 Tesla Utility-Scale Energy Storage Solution Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Tesla Main Business Overview
13.21.5 Tesla Latest Developments
14 Research Findings and Conclusion
*If Applicable.
