

Gravity energy storage is the most advanced mechanical energy storage in the world today. It realizes the charging and discharging process of the energy storage system based on the height difference generated by lifting the energy storage medium. Its energy storage medium is mainly divided into water and solid matter.
The global market for Gravity Storage Solution was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
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 156%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Gravity Storage Solution, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Gravity Storage Solution by region & country, by Type, and by Application.
The Gravity Storage Solution market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 Gravity Storage Solution.
Market Segmentation
By Company
China Tianying
New Energy Let´s Go UG
Energy Vault
Gravitricity
Green Gravity
Segment by Type:
Water Medium
Solid Medium
Segment by Application
Industrial
Business
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Gravity Storage Solution manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Gravity Storage Solution in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Gravity Storage Solution in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Gravity Storage Solution Product Introduction
1.2 Global Gravity Storage Solution Market Size Forecast
1.3 Gravity Storage Solution Market Trends & Drivers
1.3.1 Gravity Storage Solution Industry Trends
1.3.2 Gravity Storage Solution Market Drivers & Opportunity
1.3.3 Gravity Storage Solution Market Challenges
1.3.4 Gravity Storage Solution Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Gravity Storage Solution Players Revenue Ranking (2023)
2.2 Global Gravity Storage Solution Revenue by Company (2019-2024)
2.3 Key Companies Gravity Storage Solution Manufacturing Base Distribution and Headquarters
2.4 Key Companies Gravity Storage Solution Product Offered
2.5 Key Companies Time to Begin Mass Production of Gravity Storage Solution
2.6 Gravity Storage Solution Market Competitive Analysis
2.6.1 Gravity Storage Solution Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Gravity Storage Solution Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Gravity Storage Solution as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Water Medium
3.1.2 Solid Medium
3.2 Global Gravity Storage Solution Sales Value by Type
3.2.1 Global Gravity Storage Solution Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Gravity Storage Solution Sales Value, by Type (2019-2030)
3.2.3 Global Gravity Storage Solution Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial
4.1.2 Business
4.1.3 Others
4.2 Global Gravity Storage Solution Sales Value by Application
4.2.1 Global Gravity Storage Solution Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Gravity Storage Solution Sales Value, by Application (2019-2030)
4.2.3 Global Gravity Storage Solution Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Gravity Storage Solution Sales Value by Region
5.1.1 Global Gravity Storage Solution Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Gravity Storage Solution Sales Value by Region (2019-2024)
5.1.3 Global Gravity Storage Solution Sales Value by Region (2025-2030)
5.1.4 Global Gravity Storage Solution Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Gravity Storage Solution Sales Value, 2019-2030
5.2.2 North America Gravity Storage Solution Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Gravity Storage Solution Sales Value, 2019-2030
5.3.2 Europe Gravity Storage Solution Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Gravity Storage Solution Sales Value, 2019-2030
5.4.2 Asia Pacific Gravity Storage Solution Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Gravity Storage Solution Sales Value, 2019-2030
5.5.2 South America Gravity Storage Solution Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Gravity Storage Solution Sales Value, 2019-2030
5.6.2 Middle East & Africa Gravity Storage Solution Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Gravity Storage Solution Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Gravity Storage Solution Sales Value
6.3 United States
6.3.1 United States Gravity Storage Solution Sales Value, 2019-2030
6.3.2 United States Gravity Storage Solution Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Gravity Storage Solution Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Gravity Storage Solution Sales Value, 2019-2030
6.4.2 Europe Gravity Storage Solution Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Gravity Storage Solution Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Gravity Storage Solution Sales Value, 2019-2030
6.5.2 China Gravity Storage Solution Sales Value by Type (%), 2023 VS 2030
6.5.3 China Gravity Storage Solution Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Gravity Storage Solution Sales Value, 2019-2030
6.6.2 Japan Gravity Storage Solution Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Gravity Storage Solution Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Gravity Storage Solution Sales Value, 2019-2030
6.7.2 South Korea Gravity Storage Solution Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Gravity Storage Solution Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Gravity Storage Solution Sales Value, 2019-2030
6.8.2 Southeast Asia Gravity Storage Solution Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Gravity Storage Solution Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Gravity Storage Solution Sales Value, 2019-2030
6.9.2 India Gravity Storage Solution Sales Value by Type (%), 2023 VS 2030
6.9.3 India Gravity Storage Solution Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 China Tianying
7.1.1 China Tianying Profile
7.1.2 China Tianying Main Business
7.1.3 China Tianying Gravity Storage Solution Products, Services and Solutions
7.1.4 China Tianying Gravity Storage Solution Revenue (US$ Million) & (2019-2024)
7.1.5 China Tianying Recent Developments
7.2 New Energy Let´s Go UG
7.2.1 New Energy Let´s Go UG Profile
7.2.2 New Energy Let´s Go UG Main Business
7.2.3 New Energy Let´s Go UG Gravity Storage Solution Products, Services and Solutions
7.2.4 New Energy Let´s Go UG Gravity Storage Solution Revenue (US$ Million) & (2019-2024)
7.2.5 New Energy Let´s Go UG Recent Developments
7.3 Energy Vault
7.3.1 Energy Vault Profile
7.3.2 Energy Vault Main Business
7.3.3 Energy Vault Gravity Storage Solution Products, Services and Solutions
7.3.4 Energy Vault Gravity Storage Solution Revenue (US$ Million) & (2019-2024)
7.3.5 Gravitricity Recent Developments
7.4 Gravitricity
7.4.1 Gravitricity Profile
7.4.2 Gravitricity Main Business
7.4.3 Gravitricity Gravity Storage Solution Products, Services and Solutions
7.4.4 Gravitricity Gravity Storage Solution Revenue (US$ Million) & (2019-2024)
7.4.5 Gravitricity Recent Developments
7.5 Green Gravity
7.5.1 Green Gravity Profile
7.5.2 Green Gravity Main Business
7.5.3 Green Gravity Gravity Storage Solution Products, Services and Solutions
7.5.4 Green Gravity Gravity Storage Solution Revenue (US$ Million) & (2019-2024)
7.5.5 Green Gravity Recent Developments
8 Industry Chain Analysis
8.1 Gravity Storage Solution Industrial Chain
8.2 Gravity Storage Solution Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Gravity Storage Solution Sales Model
8.5.2 Sales Channel
8.5.3 Gravity Storage Solution Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
China Tianying
New Energy Let´s Go UG
Energy Vault
Gravitricity
Green Gravity
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*If Applicable.