

Grid-Scale Electricity Storage Technology refers to the technology used to store electricity on a large scale to balance the demand and supply of electricity in the power system during peak and off-peak periods. These technologies can store electricity for later use, thus improving the reliability and flexibility of the power system.
Currently, common Grid-Scale Electricity Storage Technologies include:
Pumped Hydro Storage: water is pumped to a high-level reservoir during peak periods and then released back to the reservoir during off-peak periods, driving a turbine to generate electricity.
Battery Storage: large battery arrays are used to store electricity for later use.
Grid-Scale Electricity Storage Technology is a very important field that can help us better manage the power system and improve its reliability and flexibility. It will play an increasingly important role in the future energy transition.
The global Grid-Scale Electricity Storage Technology market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Grid-Scale Electricity Storage Technology is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Grid-Scale Electricity Storage Technology is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Grid-Scale Electricity Storage Technology in City Power Supply is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Grid-Scale Electricity Storage Technology include ABB, GE, Panasonic, CATL, Toshiba International, Johnson Controls, LG Chem, Samsung SDI and Aquion Energy, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Grid-Scale Electricity Storage Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grid-Scale Electricity Storage Technology.
The Grid-Scale Electricity Storage Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Grid-Scale Electricity Storage Technology market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Grid-Scale Electricity Storage Technology companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
ABB
GE
Panasonic
CATL
Toshiba International
Johnson Controls
LG Chem
Samsung SDI
Aquion Energy
AES Corporation
Moss Landing Energy Storage Facility
DP World London Gateway
Victorian Big Battery
Gateway Battery Energy Storage System
Contemporary Amperex Technology Ltd
FlexGen
Segment by Type
Mechanical Energy Storage
Electrochemical Energy Storage
Segment by Application
City Power Supply
Industrial Power Supply
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Grid-Scale Electricity Storage Technology companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Grid-Scale Electricity Storage Technology Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Mechanical Energy Storage
1.2.3 Electrochemical Energy Storage
1.3 Market by Application
1.3.1 Global Grid-Scale Electricity Storage Technology Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 City Power Supply
1.3.3 Industrial Power Supply
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Grid-Scale Electricity Storage Technology Market Perspective (2018-2029)
2.2 Grid-Scale Electricity Storage Technology Growth Trends by Region
2.2.1 Global Grid-Scale Electricity Storage Technology Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Grid-Scale Electricity Storage Technology Historic Market Size by Region (2018-2023)
2.2.3 Grid-Scale Electricity Storage Technology Forecasted Market Size by Region (2024-2029)
2.3 Grid-Scale Electricity Storage Technology Market Dynamics
2.3.1 Grid-Scale Electricity Storage Technology Industry Trends
2.3.2 Grid-Scale Electricity Storage Technology Market Drivers
2.3.3 Grid-Scale Electricity Storage Technology Market Challenges
2.3.4 Grid-Scale Electricity Storage Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Grid-Scale Electricity Storage Technology Players by Revenue
3.1.1 Global Top Grid-Scale Electricity Storage Technology Players by Revenue (2018-2023)
3.1.2 Global Grid-Scale Electricity Storage Technology Revenue Market Share by Players (2018-2023)
3.2 Global Grid-Scale Electricity Storage Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Grid-Scale Electricity Storage Technology Revenue
3.4 Global Grid-Scale Electricity Storage Technology Market Concentration Ratio
3.4.1 Global Grid-Scale Electricity Storage Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Grid-Scale Electricity Storage Technology Revenue in 2022
3.5 Grid-Scale Electricity Storage Technology Key Players Head office and Area Served
3.6 Key Players Grid-Scale Electricity Storage Technology Product Solution and Service
3.7 Date of Enter into Grid-Scale Electricity Storage Technology Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Grid-Scale Electricity Storage Technology Breakdown Data by Type
4.1 Global Grid-Scale Electricity Storage Technology Historic Market Size by Type (2018-2023)
4.2 Global Grid-Scale Electricity Storage Technology Forecasted Market Size by Type (2024-2029)
5 Grid-Scale Electricity Storage Technology Breakdown Data by Application
5.1 Global Grid-Scale Electricity Storage Technology Historic Market Size by Application (2018-2023)
5.2 Global Grid-Scale Electricity Storage Technology Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Grid-Scale Electricity Storage Technology Market Size (2018-2029)
6.2 North America Grid-Scale Electricity Storage Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Grid-Scale Electricity Storage Technology Market Size by Country (2018-2023)
6.4 North America Grid-Scale Electricity Storage Technology Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Grid-Scale Electricity Storage Technology Market Size (2018-2029)
7.2 Europe Grid-Scale Electricity Storage Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Grid-Scale Electricity Storage Technology Market Size by Country (2018-2023)
7.4 Europe Grid-Scale Electricity Storage Technology Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Grid-Scale Electricity Storage Technology Market Size (2018-2029)
8.2 Asia-Pacific Grid-Scale Electricity Storage Technology Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Grid-Scale Electricity Storage Technology Market Size by Region (2018-2023)
8.4 Asia-Pacific Grid-Scale Electricity Storage Technology Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Grid-Scale Electricity Storage Technology Market Size (2018-2029)
9.2 Latin America Grid-Scale Electricity Storage Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Grid-Scale Electricity Storage Technology Market Size by Country (2018-2023)
9.4 Latin America Grid-Scale Electricity Storage Technology Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Grid-Scale Electricity Storage Technology Market Size (2018-2029)
10.2 Middle East & Africa Grid-Scale Electricity Storage Technology Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Grid-Scale Electricity Storage Technology Market Size by Country (2018-2023)
10.4 Middle East & Africa Grid-Scale Electricity Storage Technology Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Detail
11.1.2 ABB Business Overview
11.1.3 ABB Grid-Scale Electricity Storage Technology Introduction
11.1.4 ABB Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.1.5 ABB Recent Development
11.2 GE
11.2.1 GE Company Detail
11.2.2 GE Business Overview
11.2.3 GE Grid-Scale Electricity Storage Technology Introduction
11.2.4 GE Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.2.5 GE Recent Development
11.3 Panasonic
11.3.1 Panasonic Company Detail
11.3.2 Panasonic Business Overview
11.3.3 Panasonic Grid-Scale Electricity Storage Technology Introduction
11.3.4 Panasonic Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.3.5 Panasonic Recent Development
11.4 CATL
11.4.1 CATL Company Detail
11.4.2 CATL Business Overview
11.4.3 CATL Grid-Scale Electricity Storage Technology Introduction
11.4.4 CATL Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.4.5 CATL Recent Development
11.5 Toshiba International
11.5.1 Toshiba International Company Detail
11.5.2 Toshiba International Business Overview
11.5.3 Toshiba International Grid-Scale Electricity Storage Technology Introduction
11.5.4 Toshiba International Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.5.5 Toshiba International Recent Development
11.6 Johnson Controls
11.6.1 Johnson Controls Company Detail
11.6.2 Johnson Controls Business Overview
11.6.3 Johnson Controls Grid-Scale Electricity Storage Technology Introduction
11.6.4 Johnson Controls Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.6.5 Johnson Controls Recent Development
11.7 LG Chem
11.7.1 LG Chem Company Detail
11.7.2 LG Chem Business Overview
11.7.3 LG Chem Grid-Scale Electricity Storage Technology Introduction
11.7.4 LG Chem Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.7.5 LG Chem Recent Development
11.8 Samsung SDI
11.8.1 Samsung SDI Company Detail
11.8.2 Samsung SDI Business Overview
11.8.3 Samsung SDI Grid-Scale Electricity Storage Technology Introduction
11.8.4 Samsung SDI Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.8.5 Samsung SDI Recent Development
11.9 Aquion Energy
11.9.1 Aquion Energy Company Detail
11.9.2 Aquion Energy Business Overview
11.9.3 Aquion Energy Grid-Scale Electricity Storage Technology Introduction
11.9.4 Aquion Energy Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.9.5 Aquion Energy Recent Development
11.10 AES Corporation
11.10.1 AES Corporation Company Detail
11.10.2 AES Corporation Business Overview
11.10.3 AES Corporation Grid-Scale Electricity Storage Technology Introduction
11.10.4 AES Corporation Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.10.5 AES Corporation Recent Development
11.11 Moss Landing Energy Storage Facility
11.11.1 Moss Landing Energy Storage Facility Company Detail
11.11.2 Moss Landing Energy Storage Facility Business Overview
11.11.3 Moss Landing Energy Storage Facility Grid-Scale Electricity Storage Technology Introduction
11.11.4 Moss Landing Energy Storage Facility Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.11.5 Moss Landing Energy Storage Facility Recent Development
11.12 DP World London Gateway
11.12.1 DP World London Gateway Company Detail
11.12.2 DP World London Gateway Business Overview
11.12.3 DP World London Gateway Grid-Scale Electricity Storage Technology Introduction
11.12.4 DP World London Gateway Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.12.5 DP World London Gateway Recent Development
11.13 Victorian Big Battery
11.13.1 Victorian Big Battery Company Detail
11.13.2 Victorian Big Battery Business Overview
11.13.3 Victorian Big Battery Grid-Scale Electricity Storage Technology Introduction
11.13.4 Victorian Big Battery Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.13.5 Victorian Big Battery Recent Development
11.14 Gateway Battery Energy Storage System
11.14.1 Gateway Battery Energy Storage System Company Detail
11.14.2 Gateway Battery Energy Storage System Business Overview
11.14.3 Gateway Battery Energy Storage System Grid-Scale Electricity Storage Technology Introduction
11.14.4 Gateway Battery Energy Storage System Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.14.5 Gateway Battery Energy Storage System Recent Development
11.15 Contemporary Amperex Technology Ltd
11.15.1 Contemporary Amperex Technology Ltd Company Detail
11.15.2 Contemporary Amperex Technology Ltd Business Overview
11.15.3 Contemporary Amperex Technology Ltd Grid-Scale Electricity Storage Technology Introduction
11.15.4 Contemporary Amperex Technology Ltd Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.15.5 Contemporary Amperex Technology Ltd Recent Development
11.16 FlexGen
11.16.1 FlexGen Company Detail
11.16.2 FlexGen Business Overview
11.16.3 FlexGen Grid-Scale Electricity Storage Technology Introduction
11.16.4 FlexGen Revenue in Grid-Scale Electricity Storage Technology Business (2018-2023)
11.16.5 FlexGen Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ABB
GE
Panasonic
CATL
Toshiba International
Johnson Controls
LG Chem
Samsung SDI
Aquion Energy
AES Corporation
Moss Landing Energy Storage Facility
DP World London Gateway
Victorian Big Battery
Gateway Battery Energy Storage System
Contemporary Amperex Technology Ltd
FlexGen
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*If Applicable.