The global Energy Storage market was valued at US$ 2165.9 million in 2022 and is projected to reach US$ 5222.6 million by 2029, at a CAGR of 13.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The report analyzes energy storage service market.
This report aims to provide a comprehensive presentation of the global market for Energy Storage, 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 Energy Storage. This report contains market size and forecasts of Energy Storage in global, including the following market information:
Global Energy Storage Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Lithium Ion Technology Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Energy Storage include Duke Energy, E.ON, East Penn Manufacturing, EDF Renewable Energy, Fluence Energy, GE Power, Invenergy, LG Chem and Tesla, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Energy Storage companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Energy Storage Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Energy Storage Market Segment Percentages, by Type, 2022 (%)
- Lithium Ion Technology
- Lead Acid Technology
- Sodium Chemistry Technology
- Flow Vanadium Technology
- Flow Zinc Technology
- Others
Global Energy Storage Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Energy Storage Market Segment Percentages, by Application, 2022 (%)
- Residential
- Commercial
- Utility
Global Energy Storage Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Energy Storage Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Energy Storage revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Energy Storage revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Duke Energy
- E.ON
- East Penn Manufacturing
- EDF Renewable Energy
- Fluence Energy
- GE Power
- Invenergy
- LG Chem
- Tesla
- ABB
- Johnson Controls
- SolarEdge
- EnerVault
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Energy Storage, market overview.
- Chapter 2: Global Energy Storage market size in revenue.
- Chapter 3: Detailed analysis of Energy Storage company competitive landscape, revenue and 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: Sales of Energy Storage in regional level and country level. 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 of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
