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Energy Storage Systems (ESS) Market Report 2025-2035

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    Report

  • 417 Pages
  • May 2025
  • Region: Global
  • Visiongain
  • ID: 5833513
Overall world revenue for the Energy Storage Systems (ESS) Market: In terms of value the market will surpass US$29.04 billion in 2025, the work calculates. The publisher predicts strong revenue growth through to 2035. The work identifies which organisations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

The Energy Storage Systems (ESS) Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Accelerated Integration of Renewable Energy Sources

One of the most prominent drivers of the global ESS market is the widespread deployment of renewable energy sources such as solar and wind. These technologies are inherently variable, depending on weather and daylight conditions, which can lead to intermittency in power generation. Energy storage systems are essential for mitigating this variability by storing excess energy during peak production and discharging it when demand outpaces supply. This function stabilises the grid and maximises renewable utilisation.

Countries with high renewable penetration, such as Germany, Australia, and the United States, are experiencing a surge in utility-scale battery projects. For instance, in California, the Moss Landing Energy Storage Facility-a 730 MWh lithium-ion battery project developed by Vistra Energy-supports the integration of large-scale solar and wind energy into the grid. Similarly, Fluence, a joint venture between Siemens and AES, has established itself as a global leader in battery-based energy storage by delivering over 5 GW of energy storage projects across 30 markets. These developments illustrate how ESS is not just complementary but increasingly foundational to renewable deployment, ensuring stable energy delivery and reducing the need for fossil fuel-based peaking plants.

High Capital Costs and Uncertain Revenue Streams

One of the most persistent restraints on the global ESS market is the high upfront capital investment required for both residential and utility-scale energy storage projects. Despite significant cost reductions in battery technologies, particularly lithium-ion, the initial expense of installing storage systems-including hardware, software, permitting, and interconnection-remains a major barrier, especially in developing markets where financing mechanisms are less mature. Moreover, long-term revenue generation remains uncertain in many regions due to underdeveloped market structures for ancillary services and limited monetisation opportunities beyond time-shifting and peak shaving.

For example, in regions like Sub-Saharan Africa and Southeast Asia, the lack of predictable pricing mechanisms for grid services discourages large-scale investment in storage infrastructure. Even in more mature markets such as the United States, companies like Stem Inc. and Fluence face challenges in optimising returns due to inconsistent participation rules across different Independent System Operators (ISOs). While policy measures like the U.S. Investment Tax Credit (ITC) extension for standalone storage help mitigate financial risks, many investors remain cautious in the absence of stable revenue models. The capital-intensive nature of ESS, combined with an evolving regulatory framework, continues to pose a significant hurdle for widespread deployment, particularly in emerging economies.

What would be the Impact of US Trade Tariffs on the Global Energy Storage Systems (ESS) Market?

The global energy storage systems (ESS) market is pivotal in the transition to sustainable energy, facilitating grid stability and integration of renewable sources. However, recent U.S. trade policies, particularly tariffs on imported battery components, have introduced complexities that could influence market dynamics over the next decade. In 2025, the U.S. imposed significant tariffs on Chinese lithium-ion batteries and related components, citing national security and economic concerns. These measures have led to increased costs for ESS projects, prompting stakeholders to reassess supply chains and investment strategies. The market's response to these tariffs will shape its trajectory through 2035.

Tariff Impact: V-shaped Recovery

A V-shaped recovery scenario envisions a swift rebound following a short-term downturn caused by tariffs. In this case, the ESS market would experience a brief period of disruption, followed by rapid growth as supply chains adapt and demand resurges.

Tariff Impact: U-shaped Recovery

Under a U-shaped recovery, the market would endure a more prolonged period of stagnation before gradually returning to growth. Extended cost pressures and slower adaptation of supply chains could delay recovery, with growth resuming in the late 2020s.

Tariff Impact: L-shaped Recovery

An L-shaped recovery represents a worst-case scenario, where the market suffers a significant and prolonged decline with minimal recovery through 2035. Persistent trade barriers and structural challenges could lead to lasting disruptions in the ESS sector.

Key Questions Answered

  • How is the energy storage systems (ESS) market evolving?
  • What is driving and restraining the energy storage systems (ESS) market?
  • How will each energy storage systems (ESS) submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2035?
  • How will the market shares for each energy storage systems (ESS) submarket develop from 2025 to 2035?
  • What will be the main driver for the overall market from 2025 to 2035?
  • Will leading energy storage systems (ESS) markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2035 and which geographical region will lead the market in 2035?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the energy storage systems (ESS) projects for these leading companies?
  • How will the industry evolve during the period between 2025 and 2035? What are the implications of energy storage systems (ESS) projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the energy storage systems (ESS) market?
  • Where is the energy storage systems (ESS) market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the energy storage systems (ESS) market today, and over the next 10 years:

  • This 417-page report provides 129 tables and 214 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

Forecasts to 2035 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2035, the new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising energy storage systems (ESS) prices and recent developments.

Segments Covered in the Report

By Installation Type

  • Front-of- the-Meter (FTM)
  • Behind-the-Meter (BTM)

By Ownership Model

  • Utility-owned
  • Third-party-owned
  • Customer-owned

By Application

  • Grid Management
  • Peak Shaving
  • Load Following
  • Other Applications

By End-User

  • Utility
  • Commercial & Industrial (C&I)
  • Residential
  • Microgrids
  • Other End-Users

By Technology

  • Pumped Hydro Storage
  • Electro-chemical
  • Thermal Storage
  • Electro-mechanical
  • Hydrogen Storage
  • Other Technologies
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 25 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

MEA

  • GCC
  • South Africa
  • Rest of MEA
The report also includes profiles for some of the leading companies in the Energy Storage Systems (ESS) Market, with a focus on this segment of these companies'operations.

Leading companies profiled in the report

  • Amber Kinetics
  • BYD Co. Ltd
  • CalMac Ferries Ltd
  • Engie SA
  • Evapco, Inc.
  • Fluence Energy
  • Kokam Co., Ltd.
  • LG Chemicals Inc
  • NEC Corporation
  • Saft Groupe SAS
  • Samsung SDI Co., Ltd
  • Schneider Electric SE
  • Tesla Energy Operations, Inc
  • Toshiba Energy Systems & Solutions Corporation
  • W√§rtsil√§ Corporation.

How will the Energy Storage Systems (ESS) Market report help you?

In summary, the 410+ page report provides you with the following knowledge:
  • Revenue forecasts to 2035 for Energy Storage Systems (ESS) Market, with forecasts for installation type, ownership model, application, end-user, and technology, each forecast at a global and regional level - discover the industry's prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2035 for five regional and 25 key national markets - See forecasts for the Energy Storage Systems (ESS) Market in North America, Europe, Asia Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the Energy Storage Systems (ESS) Market.
Find quantitative and qualitative analyses with independent predictions. Receive information that only this report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With this new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how this work could benefit your research, analyses, and decisions. This study is for everybody needing commercial analyses for the Energy Storage Systems (ESS) Market, market-leading companies. You will find data, trends and predictions.

Table of Contents

1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Energy Storage Systems (ESS) Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Reports
1.10 About the Publisher
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.3 Impact Analysis
3.3.1 Market Driving Factors
3.3.1.1 Growing Renewable Energy Need Driving the Market Growth
3.3.1.2 The Rising Demand for EVs is Boosting the Battery Manufacturing Ecosystem Driving the Market Growth
3.3.1.3 Declining Battery Costs Driving the Market Growth
3.3.2 Market Restraining Factors
3.3.2.1 Underdeveloped Grid Infrastructure in Developing Countries
3.3.2.2 Skill and Knowledge Gaps Restrain the Market Growth
3.3.3 Market Opportunities
3.3.3.1 High Investment in Hydro Pump Driving the Market Growth
3.3.3.2 Expansion into Emerging Economies Opportunities Grow the Market
3.3.3.3 Development of Long-Duration Storage Technologies Opportunities for the Market Growth
3.4 U.S. Tariffs: What's the Impact on Global Energy Storage Systems (ESS) Market?
3.4.1 Overview
3.4.2 V-Shaped Recovery Scenario
3.4.2.1 Why V-Shaped Recovery?
3.4.3 U-Shaped Recovery Scenario
3.4.3.1 Why U-Shaped Recovery?
3.4.4 L Shaped Recovery Scenario
3.4.4.1 Why L-Shaped Recovery?
3.4.5 What Strategic Considerations Should Clients Factor into Their Near-term (2025-2030) and Long-term (2025-2035) Planning?
3.4.6 Impact of U.S. and China Trade War on Global Energy Storage Systems (ESS) Market
3.4.7 How Might the Most Impacted Countries Experience Positive and Negative Effects Resulting from These Policy Changes?
3.4.8 Sensitivity Mapping for the Trade Tariff Impact
3.5 Supply Chain Analysis
3.6 Regulatory Framework
3.7 Emerging Markets and Megatrends
3.8 Porter's Five Forces Analysis
3.8.1 Bargaining Power of Suppliers (High)
3.8.2 Bargaining Power of Buyers (Medium to High)
3.8.3 Competitive Rivalry (High)
3.8.4 Threat of Substitutes (Medium)
3.8.5 Threat of New Entrants (Medium)
3.9 PESTLE Analysis
4 Energy Storage Systems (ESS) Market Analysis by Installation Type
4.1 Key Findings
4.2 Installation Type Segment: Market Attractiveness Index
4.3 Energy Storage Systems (ESS) Market Size Estimation and Forecast by Installation Type
4.4 Front-of- the-Meter (FTM)
4.4.1 Market Size by Region, 2025-2035 (US$ Million)
4.4.2 Market Share by Region, 2025 & 2035 (%)
4.5 Behind-the-Meter (BTM)
4.5.1 Market Size by Region, 2025-2035 (US$ Million)
4.5.2 Market Share by Region, 2025 & 2035 (%)
5 Energy Storage Systems (ESS) Market Analysis by Ownership Model
5.1 Key Findings
5.2 Ownership Model Segment: Market Attractiveness Index
5.3 Energy Storage Systems (ESS) Market Size Estimation and Forecast by Ownership Model
5.4 Utility-owned
5.4.1 Market Size by Region, 2025-2035 (US$ Million)
5.4.2 Market Share by Region, 2025 & 2035 (%)
5.5 Third-party-owned
5.5.1 Market Size by Region, 2025-2035 (US$ Million)
5.5.2 Market Share by Region, 2025 & 2035 (%)
5.6 Customer-owned
5.6.1 Market Size by Region, 2025-2035 (US$ Million)
5.6.2 Market Share by Region, 2025 & 2035 (%)
6 Energy Storage Systems (ESS) Market Analysis by Application
6.1 Key Findings
6.2 Application Segment: Market Attractiveness Index
6.3 Energy Storage Systems (ESS) Market Size Estimation and Forecast by Application
6.4 Grid Management
6.4.1 Market Size by Region, 2025-2035 (US$ Million)
6.4.2 Market Share by Region, 2025 & 2035 (%)
6.5 Peak Shaving
6.5.1 Market Size by Region, 2025-2035 (US$ Million)
6.5.2 Market Share by Region, 2025 & 2035 (%)
6.6 Load Following
6.6.1 Market Size by Region, 2025-2035 (US$ Million)
6.6.2 Market Share by Region, 2025 & 2035 (%)
6.7 Other Applications
6.7.1 Market Size by Region, 2025-2035 (US$ Million)
6.7.2 Market Share by Region, 2025 & 2035 (%)
7 Energy Storage Systems (ESS) Market Analysis by End-User
7.1.1 Key Findings
7.2 End-User Segment: Market Attractiveness Index
7.3 Energy Storage Systems (ESS) Market Size Estimation and Forecast by End-User
7.4 Utility
7.4.1 Market Size by Region, 2025-2035 (US$ Million)
7.4.2 Market Share by Region, 2025 & 2035 (%)
7.5 Commercial & Industrial (C&I)
7.5.1 Market Size by Region, 2025-2035 (US$ Million)
7.5.2 Market Share by Region, 2025 & 2035 (%)
7.6 Residential
7.6.1 Market Size by Region, 2025-2035 (US$ Million)
7.6.2 Market Share by Region, 2025 & 2035 (%)
7.7 Microgrids
7.7.1 Market Size by Region, 2025-2035 (US$ Million)
7.7.2 Market Share by Region, 2025 & 2035 (%)
7.8 Other End-Users
7.8.1 Market Size by Region, 2025-2035 (US$ Million)
7.8.2 Market Share by Region, 2025 & 2035 (%)
8 Energy Storage Systems (ESS) Market Analysis by Technology
8.1 Key Findings
8.2 Technology Segment: Market Attractiveness Index
8.3 Energy Storage Systems (ESS) Market Size Estimation and Forecast by Technology
8.4 Pumped Hydro Storage
8.4.1 Market Size by Region, 2025-2035 (US$ Million)
8.4.2 Market Share by Region, 2025 & 2035 (%)
8.5 Electro-chemical
8.5.1 Market Size by Region, 2025-2035 (US$ Million)
8.5.2 Market Share by Region, 2025 & 2035 (%)
8.6 Thermal Storage
8.6.1 Market Size by Region, 2025-2035 (US$ Million)
8.6.2 Market Share by Region, 2025 & 2035 (%)
8.7 Electro-mechanical
8.7.1 Market Size by Region, 2025-2035 (US$ Million)
8.7.2 Market Share by Region, 2025 & 2035 (%)
8.8 Hydrogen Storage
8.8.1 Market Size by Region, 2025-2035 (US$ Million)
8.8.2 Market Share by Region, 2025 & 2035 (%)
8.9 Other Technologies
8.9.1 Market Size by Region, 2025-2035 (US$ Million)
8.9.2 Market Share by Region, 2025 & 2035 (%)
9 Energy Storage Systems (ESS) Market Analysis by Region
9.1 Key Findings
9.2 Regional Market Size Estimation and Forecast
10 North America Energy Storage Systems (ESS) Market Analysis
10.1 Key Findings
10.2 North America Energy Storage Systems (ESS) Market Attractiveness Index
10.3 North America Energy Storage Systems (ESS) Market by Country, 2025, 2030 & 2035 (US$ Million)
10.4 North America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Country
10.5 North America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Installation Type
10.6 North America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Ownership Model
10.7 North America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Application
10.8 North America Energy Storage Systems (ESS) Market Size Estimation and Forecast by End-User
10.9 North America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Technology
10.10 U.S. Energy Storage Systems (ESS) Market Analysis
10.11 Canada Energy Storage Systems (ESS) Market Analysis
11 Europe Energy Storage Systems (ESS) Market Analysis
11.1 Key Findings
11.2 Europe Energy Storage Systems (ESS) Market Attractiveness Index
11.3 Europe Energy Storage Systems (ESS) Market by Country, 2025, 2030 & 2035 (US$ Million)
11.4 Europe Energy Storage Systems (ESS) Market Size Estimation and Forecast by Country
11.5 Europe Energy Storage Systems (ESS) Market Size Estimation and Forecast by Installation Type
11.6 Europe Energy Storage Systems (ESS) Market Size Estimation and Forecast by Ownership Model
11.7 Europe Energy Storage Systems (ESS) Market Size Estimation and Forecast by Application
11.8 Europe Energy Storage Systems (ESS) Market Size Estimation and Forecast by End-User
11.9 Europe Energy Storage Systems (ESS) Market Size Estimation and Forecast by Technology
11.10 Germany Energy Storage Systems (ESS) Market Analysis
11.11 UK Energy Storage Systems (ESS) Market Analysis
11.12 France Energy Storage Systems (ESS) Market Analysis
11.13 Italy Energy Storage Systems (ESS) Market Analysis
11.14 Spain Energy Storage Systems (ESS) Market Analysis
11.15 Rest of Europe Energy Storage Systems (ESS) Market Analysis
12 Asia-Pacific Energy Storage Systems (ESS) Market Analysis
12.1 Key Findings
12.2 Asia-Pacific Energy Storage Systems (ESS) Market Attractiveness Index
12.3 Asia-Pacific Energy Storage Systems (ESS) Market by Country, 2025, 2030 & 2035 (US$ Million)
12.4 Asia-Pacific Energy Storage Systems (ESS) Market Size Estimation and Forecast by Country
12.5 Asia-Pacific Energy Storage Systems (ESS) Market Size Estimation and Forecast by Installation Type
12.6 Asia-Pacific Energy Storage Systems (ESS) Market Size Estimation and Forecast by Ownership Model
12.7 Asia-Pacific Energy Storage Systems (ESS) Market Size Estimation and Forecast by Application
12.8 Asia-Pacific Energy Storage Systems (ESS) Market Size Estimation and Forecast by End-User
12.9 Asia-Pacific Energy Storage Systems (ESS) Market Size Estimation and Forecast by Technology
12.10 China Energy Storage Systems (ESS) Market Analysis
12.11 India Energy Storage Systems (ESS) Market Analysis
12.12 Japan Energy Storage Systems (ESS) Market Analysis
12.13 South Korea Energy Storage Systems (ESS) Market Analysis
12.14 Australia Energy Storage Systems (ESS) Market Analysis
12.15 Rest of Asia-Pacific Energy Storage Systems (ESS) Market Analysis
13 Middle East and Africa Energy Storage Systems (ESS) Market Analysis
13.1 Key Findings
13.2 Middle East and Africa Energy Storage Systems (ESS) Market Attractiveness Index
13.3 Middle East and Africa Energy Storage Systems (ESS) Market by Country, 2025, 2030 & 2035 (US$ Million)
13.4 Middle East and Africa Energy Storage Systems (ESS) Market Size Estimation and Forecast by Country
13.5 Middle East and Africa Energy Storage Systems (ESS) Market Size Estimation and Forecast by Installation Type
13.6 Middle East and Africa Energy Storage Systems (ESS) Market Size Estimation and Forecast by Ownership Model
13.7 Middle East and Africa Energy Storage Systems (ESS) Market Size Estimation and Forecast by Application
13.8 Middle East and Africa Energy Storage Systems (ESS) Market Size Estimation and Forecast by End-User
13.9 Middle East and Africa Energy Storage Systems (ESS) Market Size Estimation and Forecast by Technology
13.10 GCC Energy Storage Systems (ESS) Market Analysis
13.11 South Africa Energy Storage Systems (ESS) Market Analysis
13.12 Rest of Middle East and Africa Energy Storage Systems (ESS) Market Analysis
14 Latin America Energy Storage Systems (ESS) Market Analysis
14.1 Key Findings
14.2 Latin America Energy Storage Systems (ESS) Market Attractiveness Index
14.3 Latin America Energy Storage Systems (ESS) Market by Country, 2025, 2030 & 2035 (US$ Million)
14.4 Latin America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Country
14.5 Latin America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Installation Type
14.6 Latin America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Ownership Model
14.7 Latin America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Application
14.8 Latin America Energy Storage Systems (ESS) Market Size Estimation and Forecast by End-User
14.9 Latin America Energy Storage Systems (ESS) Market Size Estimation and Forecast by Technology
14.10 Brazil Energy Storage Systems (ESS) Market Analysis
14.11 Mexico Energy Storage Systems (ESS) Market Analysis
14.12 Rest of Latin America Energy Storage Systems (ESS) Market Analysis
15 Company Profiles
15.1 Competitive Landscape, 2024
15.2 Strategic Outlook
15.3 BYD Co. Ltd
15.3.1 Company Snapshot
15.3.2 Company Overview
15.3.3 Financial Analysis
15.3.3.1 Net Revenue, 2020-2024
15.3.3.2 R&D, 2020-2024
15.3.3.3 Regional Market Shares, 2024
15.3.4 Product Benchmarking
15.3.5 Strategic Outlook
15.3.6 SWOT Analysis
15.4 Engie SA
15.4.1 Company Snapshot
15.4.2 Company Overview
15.4.3 Product Benchmarking
15.4.4 Strategic Outlook
15.4.5 SWOT Analysis
15.5 Fluence Energy
15.5.1 Company Snapshot
15.5.2 Company Overview
15.5.3 Financial Analysis
15.5.3.1 Net Revenue, 2020-2024
15.5.3.2 R&D, 2020-2024
15.5.3.3 Business Segment Market Shares, 2024
15.5.4 Product Benchmarking
15.5.5 Strategic Outlook
15.5.6 SWOT Analysis
15.6 Saft Groupe SAS
15.6.1 Company Snapshot
15.6.2 Company Overview
15.6.3 Product Benchmarking
15.6.4 Strategic Outlook
15.6.5 SWOT Analysis
15.7 Samsung SDI Co., Ltd
15.7.1 Company Snapshot
15.7.2 Company Overview
15.7.3 Financial Analysis
15.7.3.1 Net Revenue, 2020-2024
15.7.3.2 R&D, 2020-2024
15.7.3.3 Regional Market Shares, 2024
15.7.3.4 Business Segment Market Shares, 2024
15.7.4 Product Benchmarking
15.7.5 Strategic Outlook
15.7.6 SWOT Analysis
15.8 Schneider Electric SE
15.8.1 Company Snapshot
15.8.2 Company Overview
15.8.3 Financial Analysis
15.8.3.1 Net Revenue, 2020-2024
15.8.3.2 R&D, 2020-2024
15.8.3.3 Regional Market Shares, 2024
15.8.3.4 Business Segment Market Shares, 2024
15.8.4 Product Benchmarking
15.8.5 Strategic Outlook
15.8.6 SWOT Analysis
15.9 Kokam Co., Ltd.
15.9.1 Company Snapshot
15.9.2 Company Overview
15.9.3 Financial Analysis
15.9.3.1 Net Revenue, 2020-2024
15.9.3.2 R&D, 2020-2024
15.9.4 Product Benchmarking
15.9.5 SWOT Analysis
15.10 Toshiba Energy Systems & Solutions Corporation
15.10.1 Company Snapshot
15.10.2 Company Overview
15.10.3 Financial Analysis
15.10.3.1 Net Revenue, 2020-2023
15.10.3.2 Regional Market Shares, 2023
15.10.3.3 Business Segment Market Shares, 2023
15.10.4 Product Benchmarking
15.10.5 Strategic Outlook
15.10.6 SWOT Analysis
15.11 Tesla Energy Operations, Inc
15.11.1 Company Snapshot
15.11.2 Company Overview
15.11.3 Financial Analysis
15.11.3.1 Net Revenue, 2020-2024
15.11.3.2 R&D, 2020-2024
15.11.3.3 Regional Market Shares, 2024
15.11.3.4 Business Segment Market Shares, 2024
15.11.4 Product Benchmarking
15.11.5 Strategic Outlook
15.11.6 SWOT Analysis
15.12 LG Chemicals Inc
15.12.1 Company Snapshot
15.12.2 Company Overview
15.12.3 Financial Analysis
15.12.3.1 Net Revenue, 2020-2024
15.12.3.2 R&D, 2020-2024
15.12.3.3 Regional Market Shares, 2024
15.12.3.4 Business Segment Market Shares, 2024
15.12.4 Product Benchmarking
15.12.5 Strategic Outlook
15.12.6 SWOT Analysis
15.13 Evapco, Inc.
15.13.1 Company Snapshot
15.13.2 Company Overview
15.13.3 Product Benchmarking
15.13.4 SWOT Analysis
15.14 CalMac Ferries Ltd
15.14.1 Company Snapshot
15.14.2 Company Overview
15.14.3 Product Benchmarking
15.14.4 SWOT Analysis
15.15 Amber Kinetics
15.15.1 Company Snapshot
15.15.2 Company Overview
15.15.3 Product Benchmarking
15.15.4 SWOT Analysis
15.16 NEC Corporation
15.16.1 Company Snapshot
15.16.2 Company Overview
15.16.3 Financial Analysis
15.16.3.1 Net Revenue, 2020-2024
15.16.3.2 R&D, 2020-2024
15.16.3.3 Regional Market Shares, 2024
15.16.4 Product Benchmarking
15.16.5 Strategic Outlook
15.16.6 SWOT Analysis
15.17 Wv§rtsilv§ Corporation
15.17.1 Company Snapshot
15.17.2 Company Overview
15.17.3 Financial Analysis
15.17.3.1 Net Revenue, 2020-2024
15.17.3.2 R&D, 2020-2024
15.17.3.3 Regional Market Shares, 2024
15.17.3.4 Business Segment Market Shares, 2024
15.17.4 Product Benchmarking
15.17.5 Strategic Outlook
15.17.6 SWOT Analysis
16 Conclusion and Recommendations
16.1 Concluding Remarks
16.2 Recommendations for Market Players
List of Tables
Table 1 Energy Storage Systems (ESS) Market Snapshot, 2025 & 2035 (US$ Million, CAGR %)
Table 2 Global Renewable Energy Capacity Additions in 2024
Table 3 Technology-Wise Additions (2024)
Table 4 Global Electric Vehicle Statistics (2023)
Table 5 Contributing to Battery Price Decline
Table 6 Regional Variations in Battery Prices
Table 7 Global Energy Storage Systems (ESS) Market: International Trade Tariff Impact Recovery Scenarios Snapshot
Table 8 Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%)), Tariff Impact V-Shaped Recovery Scenario
Table 9 Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%)), Tariff Impact U-Shaped Recovery Scenario
Table 10 Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%)), Tariff Impact L-Shaped Recovery Scenario
Table 11 Global Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 12 Front-of- the-Meter (FTM) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 13 Behind-the-Meter (BTM) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 14 Global Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 15 Utility-owned Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 16 Third-party-owned Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 17 Customer-owned Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 18 Global Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 19 Grid Management Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 20 Peak Shaving Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 21 Load Following Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 22 Other Applications Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 23 Global Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 24 Utility Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 25 Commercial & Industrial (C&I) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 26 Residential Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 27 Microgrids Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 28 Other End-Users Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 29 Global Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 30 Pumped Hydro Storage Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 31 Electro-chemical Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 32 Thermal Storage Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 33 Electro-mechanical Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 34 Hydrogen Storage Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 35 Other Technologies Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 36 Global Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 37 North America Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 38 North America Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 39 North America Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 40 North America Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 41 North America Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 42 North America Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 43 US Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 44 Canada Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 45 Europe Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 46 Europe Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 47 Europe Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 48 Europe Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 49 Europe Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 50 Europe Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 51 Germany Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 52 UK Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 53 France Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 54 Italy Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 55 Spain Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 56 Rest of Europe Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 57 Asia-Pacific Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 58 Asia-Pacific Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 59 Asia-Pacific Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 60 Asia-Pacific Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 61 Asia-Pacific Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 62 Asia-Pacific Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 63 China Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 64 India Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 65 Japan Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 66 South Korea Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 67 Australia Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 68 Rest of Asia-Pacific Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 69 Middle East & Africa Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 70 Middle East & Africa Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 71 Middle East & Africa Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 72 Middle East & Africa Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 73 Middle East & Africa Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 74 Middle East & Africa Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 75 Middle East & Africa Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 76 GCC Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 77 South Africa Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 78 Rest of Middle East & Africa Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 79 Latin America Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 80 Latin America Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 81 Latin America Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 82 Latin America Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 83 Latin America Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 84 Latin America Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 85 Brazil Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 86 Mexico Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 87 Rest of Latin America Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
Table 88 Strategic Outlook
Table 89 BYD Co. Ltd: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 90 BYD Co. Ltd: Product Benchmarking
Table 91 BYD Co. Ltd: Strategic Outlook
Table 92 Engie SA: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 93 Engie SA: Product Benchmarking
Table 94 Engie SA: Strategic Outlook
Table 95 Fluence Energy: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 96 Fluence Energy: Product Benchmarking
Table 97 Fluence Energy: Strategic Outlook
Table 98 Saft Groupe SAS: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 99 Saft Groupe SAS: Product Benchmarking
Table 100 Saft Groupe SAS: Strategic Outlook
Table 101 Samsung SDI Co., Ltd: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 102 Samsung SDI Co., Ltd: Product Benchmarking
Table 103 Samsung SDI Co., Ltd: Strategic Outlook
Table 104 Schneider Electric SE: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 105 Schneider Electric SE: Product Benchmarking
Table 106 Schneider Electric SE: Strategic Outlook
Table 107 Kokam Co., Ltd.: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 108 Kokam Co., Ltd.: Product Benchmarking
Table 109 Toshiba Energy Systems & Solutions Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 110 Toshiba Energy Systems & Solutions Corporation: Product Benchmarking
Table 111 Toshiba Energy Systems & Solutions Corporation: Strategic Outlook
Table 112 Tesla Energy Operations, Inc: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 113 Tesla Energy Operations, Inc: Product Benchmarking
Table 114 Tesla Energy Operations, Inc: Strategic Outlook
Table 115 LG Chem: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 116 LG Chem: Product Benchmarking
Table 117 LG Chem: Strategic Outlook
Table 118 Evapco, Inc: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 119 Evapco, Inc: Product Benchmarking
Table 120 CalMac Ferries Ltd: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 121 CalMac Ferries Ltd: Product Benchmarking
Table 122 Amber Kinetics, Inc.: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 123 Amber Kinetics, Inc.: Product Benchmarking
Table 124 NEC Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 125 NEC Corporation: Product Benchmarking
Table 126 NEC Corporation: Strategic Outlook
Table 127 Wv§rtsilv§ Corporation: Key Details, (CEO, HQ, Revenue, Founded, No. of Employees, Company Type, Website, Business Segment)
Table 128 Wv§rtsilv§ Corporation: Product Benchmarking
Table 129 Wv§rtsilv§ Corporation: Strategic Outlook
List of Figures
Figure 1 Energy Storage Systems (ESS) Market Segmentation
Figure 2 Energy Storage Systems (ESS) Market by Installation Type: Market Attractiveness Index
Figure 3 Energy Storage Systems (ESS) Market by Ownership Model: Market Attractiveness Index
Figure 4 Energy Storage Systems (ESS) Market by Application: Market Attractiveness Index
Figure 5 Energy Storage Systems (ESS) Market by End-User: Market Attractiveness Index
Figure 6 Energy Storage Systems (ESS) Market by Technology: Market Attractiveness Index
Figure 7 Energy Storage Systems (ESS) Market Attractiveness Index by Region
Figure 8 Energy Storage Systems (ESS) Market: Market Dynamics
Figure 9 Energy Storage Systems (ESS) Market: Impact Analysis
Figure 10 Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%), Tariff Impact V-Shaped Recovery Scenario
Figure 11 Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%), Tariff Impact U-Shaped Recovery Scenario
Figure 12 Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%), Tariff Impact L-Shaped Recovery Scenario
Figure 13 Energy Storage Systems (ESS) Market: Supply Chain Analysis
Figure 14 Energy Storage Systems (ESS) Market: Porter's Five Forces Analysis
Figure 15 Energy Storage Systems (ESS) Market: PESTLE Analysis
Figure 16 Energy Storage Systems (ESS) Market by Installation Type: Market Attractiveness Index
Figure 17 Global Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%))
Figure 18 Energy Storage Systems (ESS) Market Share Forecast by Installation Type, 2025, 2030, 2035 (%)
Figure 19 Front-of- the-Meter (FTM) Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 20 Front-of- the-Meter (FTM) Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 21 Behind-the-Meter (BTM) Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 22 Behind-the-Meter (BTM) Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 23 Energy Storage Systems (ESS) Market by Ownership Model: Market Attractiveness Index
Figure 24 Global Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%))
Figure 25 Energy Storage Systems (ESS) Market Share Forecast by Ownership Model, 2025, 2030, 2035 (%)
Figure 26 Utility-owned Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 27 Utility-owned Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 28 Third-party-owned Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 29 Third-party-owned Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 30 Customer-owned Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 31 Customer-owned Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 32 Energy Storage Systems (ESS) Market by Application: Market Attractiveness Index
Figure 33 Global Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%))
Figure 34 Energy Storage Systems (ESS) Market Share Forecast by Application, 2025, 2030, 2035 (%)
Figure 35 Grid Management Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 36 Grid Management Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 37 Peak Shaving Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 38 Peak Shaving Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 39 Load Following Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 40 Load Following Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 41 Other Applications Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 42 Other Applications Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 43 Energy Storage Systems (ESS) Market by End-User: Market Attractiveness Index
Figure 44 Global Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%))
Figure 45 Energy Storage Systems (ESS) Market Share Forecast by End-User, 2025, 2030, 2035 (%)
Figure 46 Utility Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 47 Utility Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 48 Commercial & Industrial (C&I) Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 49 Commercial & Industrial (C&I) Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 50 Residential Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 51 Residential Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 52 Microgrids Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 53 Microgrids Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 54 Other End-Users Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 55 Other End-Users Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 56 Energy Storage Systems (ESS) Market by Technology: Market Attractiveness Index
Figure 57 Global Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%))
Figure 58 Energy Storage Systems (ESS) Market Share Forecast by Technology, 2025, 2030, 2035 (%)
Figure 59 Pumped Hydro Storage Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 60 Pumped Hydro Storage Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 61 Electro-chemical Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 62 Electro-chemical Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 63 Thermal Storage Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 64 Thermal Storage Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 65 Electro-mechanical Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 66 Electro-mechanical Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 67 Hydrogen Storage Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 68 Hydrogen Storage Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 69 Other Technologies Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 70 Other Technologies Segment Market Share Forecast by Region, 2025 & 2035 (%)
Figure 71 Energy Storage Systems (ESS) Market Forecast by Region 2025 and 2035 (Revenue, CAGR%)
Figure 72 Energy Storage Systems (ESS) Market Share Forecast by Region 2025, 2030, 2035 (%)
Figure 73 Global Energy Storage Systems (ESS) Market by Region, 2025-2035 (US$ Mn, AGR (%))
Figure 74 North America Energy Storage Systems (ESS) Market Attractiveness Index
Figure 75 North America Energy Storage Systems (ESS) Market by Region, 2025, 2030 & 2035 (US$ Million)
Figure 76 North America Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%))
Figure 77 North America Energy Storage Systems (ESS) Market Share Forecast by Country, 2025 & 2035 (%)
Figure 78 North America Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%))
Figure 79 North America Energy Storage Systems (ESS) Market Share Forecast by Installation Type, 2025 & 2035 (%)
Figure 80 North America Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%))
Figure 81 North America Energy Storage Systems (ESS) Market Share Forecast by Ownership Model, 2025 & 2035 (%)
Figure 82 North America Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%))
Figure 83 North America Energy Storage Systems (ESS) Market Share Forecast by Application, 2025 & 2035 (%)
Figure 84 North America Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%))
Figure 85 North America Energy Storage Systems (ESS) Market Share Forecast by End-User, 2025 & 2035 (%)
Figure 86 North America Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%))
Figure 87 North America Energy Storage Systems (ESS) Market Share Forecast by Technology, 2025 & 2035 (%)
Figure 88 US Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 89 Canada Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 90 Europe Energy Storage Systems (ESS) Market Attractiveness Index
Figure 91 Europe Energy Storage Systems (ESS) Market by Region, 2025, 2030 & 2035 (US$ Million)
Figure 92 Europe Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%))
Figure 93 Europe Energy Storage Systems (ESS) Market Share Forecast by Country, 2025 & 2035 (%)
Figure 94 Europe Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%))
Figure 95 Europe Energy Storage Systems (ESS) Market Share Forecast by Installation Type, 2025 & 2035 (%)
Figure 96 Europe Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%))
Figure 97 Europe Energy Storage Systems (ESS) Market Share Forecast by Ownership Model, 2025 & 2035 (%)
Figure 98 Europe Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%))
Figure 99 Europe Energy Storage Systems (ESS) Market Share Forecast by Application, 2025 & 2035 (%)
Figure 100 Europe Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%))
Figure 101 Europe Energy Storage Systems (ESS) Market Share Forecast by End-User, 2025 & 2035 (%)
Figure 102 Europe Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%))
Figure 103 Europe Energy Storage Systems (ESS) Market Share Forecast by Technology, 2025 & 2035 (%)
Figure 104 Germany Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 105 UK Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 106 France Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 107 Italy Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 108 Spain Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 109 Rest of Europe Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 110 Asia-Pacific Energy Storage Systems (ESS) Market Attractiveness Index
Figure 111 Asia-Pacific Energy Storage Systems (ESS) Market by Region, 2025, 2030 & 2035 (US$ Million)
Figure 112 Asia-Pacific Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%))
Figure 113 Asia-Pacific Energy Storage Systems (ESS) Market Share Forecast by Country, 2025 & 2035 (%)
Figure 114 Asia-Pacific Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%))
Figure 115 Asia-Pacific Energy Storage Systems (ESS) Market Share Forecast by Installation Type, 2025 & 2035 (%)
Figure 116 Asia-Pacific Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%))
Figure 117 Asia-Pacific Energy Storage Systems (ESS) Market Share Forecast by Ownership Model, 2025 & 2035 (%)
Figure 118 Asia-Pacific Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%))
Figure 119 Asia-Pacific Energy Storage Systems (ESS) Market Share Forecast by Application, 2025 & 2035 (%)
Figure 120 Asia-Pacific Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%))
Figure 121 Asia-Pacific Energy Storage Systems (ESS) Market Share Forecast by End-User, 2025 & 2035 (%)
Figure 122 Asia-Pacific Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%))
Figure 123 Asia-Pacific Energy Storage Systems (ESS) Market Share Forecast by Technology, 2025 & 2035 (%)
Figure 124 China Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 125 India Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 126 Japan Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 127 South Korea Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 128 Australia Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 129 Rest of Asia-Pacific Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 130 Middle East and Africa Energy Storage Systems (ESS) Market Attractiveness Index
Figure 131 Middle East and Africa Energy Storage Systems (ESS) Market by Region, 2025, 2030 & 2035 (US$ Million)
Figure 132 Middle East & Africa Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%))
Figure 133 Middle East and Africa Energy Storage Systems (ESS) Market Share Forecast by Country, 2025 & 2035 (%)
Figure 134 Middle East & Africa Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%))
Figure 135 Middle East and Africa Energy Storage Systems (ESS) Market Share Forecast by Installation Type, 2025 & 2035 (%)
Figure 136 Middle East & Africa Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%))
Figure 137 Middle East and Africa Energy Storage Systems (ESS) Market Share Forecast by Ownership Model, 2025 & 2035 (%)
Figure 138 Middle East & Africa Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%))
Figure 139 Middle East and Africa Energy Storage Systems (ESS) Market Share Forecast by Application, 2025 & 2035 (%)
Figure 140 Middle East & Africa Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%))
Figure 141 Middle East and Africa Energy Storage Systems (ESS) Market Share Forecast by End-User, 2025 & 2035 (%)
Figure 142 Middle East & Africa Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%))
Figure 143 Middle East & Africa Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%))
Figure 144 Middle East and Africa Energy Storage Systems (ESS) Market Share Forecast by Technology, 2025 & 2035 (%)
Figure 145 GCC Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 146 South Africa Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 147 Rest of Middle East & Africa Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 148 Latin America Energy Storage Systems (ESS) Market Attractiveness Index
Figure 149 Latin America Energy Storage Systems (ESS) Market by Region, 2025, 2030 & 2035 (US$ Million)
Figure 150 Latin America Energy Storage Systems (ESS) Market by Country, 2025-2035 (US$ Mn, AGR (%))
Figure 151 Latin America Energy Storage Systems (ESS) Market Share Forecast by Country, 2025 & 2035 (%)
Figure 152 Latin America Energy Storage Systems (ESS) Market by Installation Type, 2025-2035 (US$ Mn, AGR (%))
Figure 153 Latin America Energy Storage Systems (ESS) Market Share Forecast by Installation Type, 2025 & 2035 (%)
Figure 154 Latin America Energy Storage Systems (ESS) Market by Ownership Model, 2025-2035 (US$ Mn, AGR (%))
Figure 155 Latin America Energy Storage Systems (ESS) Market Share Forecast by Ownership Model, 2025 & 2035 (%)
Figure 156 Latin America Energy Storage Systems (ESS) Market by Application, 2025-2035 (US$ Mn, AGR (%))
Figure 157 Latin America Energy Storage Systems (ESS) Market Share Forecast by Application, 2025 & 2035 (%)
Figure 158 Latin America Energy Storage Systems (ESS) Market by End-User, 2025-2035 (US$ Mn, AGR (%))
Figure 159 Latin America Energy Storage Systems (ESS) Market Share Forecast by End-User, 2025 & 2035 (%)
Figure 160 Latin America Energy Storage Systems (ESS) Market by Technology, 2025-2035 (US$ Mn, AGR (%))
Figure 161 Latin America Energy Storage Systems (ESS) Market Share Forecast by Technology, 2025 & 2035 (%)
Figure 162 Brazil Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 163 Mexico Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 164 Rest of Latin America Energy Storage Systems (ESS) Market by Value, 2025-2035 (US$ Mn, AGR (%))
Figure 165 Energy Storage Systems (ESS) Market: Company Share, 2024
Figure 166 BYD Co. Ltd: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 167 BYD Co. Ltd: R&D, 2020-2024 (US$ Million, AGR%)
Figure 168 BYD Co. Ltd: Regional Market Shares, 2024
Figure 169 BYD Co. Ltd: SWOT Analysis
Figure 170 Engie SA: SWOT Analysis
Figure 171 Fluence Energy: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 172 Fluence Energy: R&D, 2020-2024 (US$ Million, AGR%)
Figure 173 Fluence Energy: Business Segment Market Shares, 2024
Figure 174 Fluence Energy: SWOT Analysis
Figure 175 Saft Groupe SAS: SWOT Analysis
Figure 176 Samsung SDI Co., Ltd: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 177 Samsung SDI Co., Ltd: R&D, 2020-2024 (US$ Million, AGR%)
Figure 178 Samsung SDI Co., Ltd: Regional Market Shares, 2024
Figure 179 Samsung SDI Co., Ltd: Business Segment Market Shares, 2024
Figure 180 Samsung SDI Co., Ltd: SWOT Analysis
Figure 181 Schneider Electric SE: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 182 Schneider Electric SE: R&D, 2020-2024 (US$ Million, AGR%)
Figure 183 Schneider Electric SE: Regional Market Shares, 2024
Figure 184 Schneider Electric SE: Business Segment Market Shares, 2024
Figure 185 Schneider Electric SE: SWOT Analysis
Figure 186 Kokam Co., Ltd.: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 187 Kokam Co., Ltd.: R&D, 2020-2024 (US$ Million, AGR%)
Figure 188 Kokam Co., Ltd.: SWOT Analysis
Figure 189 Toshiba Energy Systems & Solutions Corporation: Net Revenue, 2020-2023 (US$ Million, AGR%)
Figure 190 Toshiba Energy Systems & Solutions Corporation: Regional Market Shares, 2023
Figure 191 Toshiba Energy Systems & Solutions Corporation: Business Segment Market Shares, 2023
Figure 192 Toshiba Energy Systems & Solutions Corporation: SWOT Analysis
Figure 193 Tesla Energy Operations, Inc: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 194 Tesla Energy Operations, Inc: R&D, 2020-2024 (US$ Million, AGR%)
Figure 195 Tesla Energy Operations, Inc: Regional Market Shares, 2024
Figure 196 Tesla Energy Operations, Inc: Business Segment Market Shares, 2024
Figure 197 Tesla Energy Operations, Inc: SWOT Analysis
Figure 198 LG Chem: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 199 LG Chem: R&D, 2020-2024 (US$ Million, AGR%)
Figure 200 LG Chem: Regional Market Shares, 2024
Figure 201 LG Chem: Business Segment Market Shares, 2024
Figure 202 LG Chem: SWOT Analysis
Figure 203 Evapco, Inc: SWOT Analysis
Figure 204 CalMac Ferries Ltd: SWOT Analysis
Figure 205 Amber Kinetics, Inc.: SWOT Analysis
Figure 206 NEC Corporation: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 207 NEC Corporation: R&D, 2020-2024 (US$ Million, AGR%)
Figure 208 NEC Corporation: Regional Market Shares, 2024
Figure 209 NEC Corporation: SWOT Analysis
Figure 210 Wärtsilä Corporation: Net Revenue, 2020-2024 (US$ Million, AGR%)
Figure 211 Wärtsilä Corporation: R&D, 2020-2024 (US$ Million, AGR%)
Figure 212 Wärtsilä Corporation: Regional Market Shares, 2024
Figure 213 Wärtsilä Corporation: Business Segment Market Shares, 2024
Figure 214 Wärtsilä Corporation: SWOT Analysis

Companies Mentioned

  • Amber Kinetics
  • BYD Co. Ltd
  • CalMac Ferries Ltd
  • Engie SA
  • Evapco, Inc.
  • Fluence Energy
  • Kokam Co., Ltd.
  • LG Chemicals Inc
  • NEC Corporation
  • Saft Groupe SAS
  • Samsung SDI Co., Ltd
  • Schneider Electric SE
  • Tesla Energy Operations, Inc
  • Toshiba Energy Systems & Solutions Corporation
  • W√§rtsil√§ Corporation
  • ABB Ltd
  • Abu Dhabi National Energy Company
  • Adani Group
  • AES Energy Storage
  • Aquion Energy
  • BYD Co. Ltd
  • CATL
  • Ecopulse
  • EDF Renewables
  • Emera Technologies Limited
  • Energy Toolbase
  • Eren
  • Faradion
  • Fluence Energy
  • Fotowatio Renewable Ventures
  • General Electric Company
  • General Motors
  • Highview Power
  • Hitachi Ltd
  • Hubei Electric Power Company
  • Juline-Titans Energy Technology Group
  • LG Chem
  • Maxwell Technologies Inc.
  • Natron Energy
  • Neoen
  • NOVONIX
  • NV Energy
  • Orion energy System Inc.
  • Panasonic holdings
  • Primus Power
  • redT Energy
  • Reliance Industries
  • RWE
  • Saft group
  • Samsung SDI Co., Ltd.
  • Siemens Energy AG
  • Solar MD
  • SolarEdge Technologies
  • Stem
  • Stolthaven Terminals
  • Sunlight Group Energy
  • Tesla Energy
  • UniEnergy Technologies
  • ViZn Energy Systems
  • XL Batteries
  • Australian Energy Storage Alliance (AESA)
  • Alliance for Rural Electrification (ARE)
  • Association of Southeast Asian Nations (ASEAN)
  • Belgian Energy Research Alliance (BERA)
  • Centre for Applied Energy Research (ZAE), Germany
  • China Energy Storage Alliance (CNESA)
  • Council for Scientific and Industrial Research (CSIR)
  • Gulf Cooperation Council
  • IEA – International Energy Agency
  • Indian Institute of Technology (IIT)
  • Korea Battery Industry Association (KBIA)
  • National Research Council Canada (NRC-CNRC)
  • Power Grid Corporation of India (POWERGRID)
  • Research Institute in Solar Energy and New Energies (IRESEN), Morocco
  • World Economic Forum (WEF)