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Battery Energy Storage Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Drivers, Constraints, Key Players and Forecast, 2024-2030

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    Report

  • 143 Pages
  • December 2025
  • Region: Global
  • GlobalData
  • ID: 5908818
The latest report " Battery Energy Storage Market Size, Share and Trends Analysis by Technology, Installed Capacity, Generation, Drivers, Constraints, Key Players and Forecast, 2024-2030" offers comprehensive information and understanding of the global battery energy storage system market. The report analyzes the current trend and future potential of the battery energy storage market at global, regional (Asia-Pacific, Americas, Europe, and the Middle East and Africa), and key countries (the US, Chile, China, India, Japan, Australia, South Korea, Germany, the UK, and Italy) level.

The report analyzes the battery energy storage market in terms of value and volume, classified by various technologies for the period 2020-2030. The electrochemical energy storage technologies covered in the report include lead-acid batteries, flow batteries, sodium-sulfur batteries, lithium-ion batteries, and other advanced batteries. The report provides insight into the drivers and restraints affecting the battery energy storage market, competitive landscape, policies and initiatives, recent market deals, battery system cost analysis, top company profiles, and key projects. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by the analyst's team of industry experts.

Report Scope

The report analyses battery energy storage system market. Its scope includes:

  • Analysis of the growth of battery energy storage system market with a focus on market value and volume in global and regional level including Asia-Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides battery energy storage system market analysis for key countries including the US, Chile, China, India, Japan, Australia, South Korea, Germany, the UK, and Italy.
  • The report offers global, regional, and country level battery energy storage system cumulative volume (2020, 2024, and 2030) and value (2015-2020, 2015-2024, and 2015-2030). Market share by technology is also discussed in the report for installations up to 2024.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on battery energy storage system market are discussed.
  • The report provides market share at country level for the year 2024. It also covers key policies and initiatives, and major upcoming projects.

Reasons to Buy

The report will enhance your decision-making capability in a more rapid and time sensitive manner. It will allow you to:

  • Facilitate decision-making by analyzing market data on battery energy storage systems
  • Develop strategies based on developments in the battery energy storage system market
  • Identify key partners and business-development avenues, based on an understanding of the movements of the major competitors in the battery energy storage system market
  • Respond to your competitors' business structure, strategies, and prospects

Table of Contents

1 Executive Summary
1.1 Global Battery Energy Storage Market Aggregative Installation Capacity Likely to Reach 1,300GW by 2030, led by China and the US
2 Introduction
2.1 Energy Storage Systems, Overview
2.2 Energy Storage System Technologies, Overview
  • Energy Storage System Technologies, Mechanical
  • Energy Storage System Technologies, Electrical
  • Energy Storage System Technologies, Electrochemical
  • Energy Storage System Technologies, Chemical
  • Energy Storage System Technologies, Thermal
2.3 Energy Storage System Technologies, Application
2.4 Energy Storage System Technologies, Rationale for Usage
2.5 Energy Storage System Technologies, Disposal and Environmental Impact
2.6 the analyst Report Guidance
3 Battery Energy Storage Market, Global
3.1 Battery Energy Storage Market, Global, Market Overview
3.2 Battery Energy Storage Market, Global, Market Drivers and Restraints
  • Battery Energy Storage Market, Global, Market Drivers and Impact Analysis
  • Battery Energy Storage Market, Global, Market Restraints and Impact Analysis
3.3 Battery Energy Storage Market, Global, Market Size Analysis
  • Battery Energy Storage Market, Global, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, Global, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, Global, Market Share by Technology
3.4 Battery Energy Storage Market, Global, Market Share
4 Battery Energy Storage Market, US
4.1 Battery Energy Storage Market, US, Market Overview
4.2 Battery Energy Storage Market, US, Major Policies, and Initiatives
4.3 Battery Energy Storage Market, US, Market Size Analysis
  • Battery Energy Storage Market, US, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, US, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, US, Market Share by Technology
4.4 Battery Energy Storage Market, US, Market Share
4.5 Battery Energy Storage Market, US, Major Upcoming Projects
5 Battery Energy Storage Market, Chile
5.1 Battery Energy Storage Market, Chile, Market Overview
5.2 Battery Energy Storage Market, Chile, Major Policies, and Initiatives
5.3 Battery Energy Storage Market, Chile, Market Size Analysis
  • Battery Energy Storage Market, Chile, Cumulative Capacity (MW), 2020, 2024, and 2030
  • Battery Energy Storage Market, Chile, Market Value ($m), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, Chile, Market Share by Technology
5.4 Battery Energy Storage Market, Chile, Market Share
5.5 Battery Energy Storage Market, Chile, Major Upcoming Projects
6 Battery Energy Storage Market, India
6.1 Battery Energy Storage Market, India, Market Overview
6.2 Battery Energy Storage Market, India, Major Policies, and Initiatives
6.3 Battery Energy Storage Market, India, Market Size Analysis
  • Battery Energy Storage Market, India, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, India, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, India, Cumulative Market Share by Technology
6.4 Battery Energy Storage Market, India, Market Share
6.5 Battery Energy Storage Market, India, Major Upcoming Projects
7 Battery Energy Storage Market, China
7.1 Battery Energy Storage Market, China, Market Overview
7.2 Battery Energy Storage Market, China, Major Policies, and Initiatives
7.3 Battery Energy Storage Market, China, Market Size Analysis
  • Battery Energy Storage Market, China, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, China, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, China, Market Share by Technology
7.4 Battery Energy Storage Market, China, Market Share
7.5 Battery Energy Storage Market, China, Major Upcoming Projects
8 Battery Energy Storage Market, Japan
8.1 Battery Energy Storage Market, Japan, Market Overview
8.2 Battery Energy Storage Market, Japan, Major Policies, and Initiatives
8.3 Battery Energy Storage Market, Japan, Market Size Analysis
  • Battery Energy Storage Market, Japan, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, Japan, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, Japan, Market Share by Technology
8.4 Battery Energy Storage Market, Japan, Market Share
8.5 Battery Energy Storage Market, Japan, Major Upcoming Projects
9 Battery Energy Storage Market, Australia
9.1 Battery Energy Storage Market, Australia, Market Overview
9.2 Battery Energy Storage Market, Australia, Major Policies, and Initiatives
9.3 Battery Energy Storage Market, Australia, Market Size Analysis
  • Battery Energy Storage Market, Australia, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, Australia, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, Australia, Market Share by Technology
9.4 Battery Energy Storage Market, Australia, Market Share
9.5 Battery Energy Storage Market, Australia, Major Upcoming Projects
10 Battery Energy Storage Market, South Korea
10.1 Battery Energy Storage Market, South Korea, Market Overview
10.2 Battery Energy Storage Market, South Korea, Major Policies, and Initiatives
10.3 Battery Energy Storage Market, South Korea, Market Size Analysis
  • Battery Energy Storage Market, South Korea, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, South Korea, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, South Korea, Market Share by Technology
10.4 Battery Energy Storage Market, South Korea, Market Share
10.5 Battery Energy Storage Market, South Korea, Major Upcoming Projects
11 Battery Energy Storage Market, Germany
11.1 Battery Energy Storage Market, Germany, Market Overview
11.2 Battery Energy Storage Market, Germany, Major Policies, and Initiatives
11.3 Battery Energy Storage Market, Germany, Market Size Analysis
  • Battery Energy Storage Market, Germany, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, Germany, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, Germany, Market Share by Technology
11.4 Battery Energy Storage Market, Germany, Market Share
11.5 Battery Energy Storage Market, Germany, Major Upcoming Projects
12 Battery Energy Storage Market, UK
12.1 Battery Energy Storage Market, UK, Market Overview
12.2 Battery Energy Storage Market, UK, Major Policies, and Initiatives
12.3 Battery Energy Storage Market, UK, Market Size Analysis
  • Battery Energy Storage Market, UK, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, UK, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, UK, Market Share by Technology
12.4 Battery Energy Storage Market, UK, Market Share
12.5 Battery Energy Storage Market, UK, Major Upcoming Projects
13 Battery Energy Storage Market, Italy
13.1 Battery Energy Storage Market, Italy, Market Overview
13.2 Battery Energy Storage Market, Italy, Major Policies, and Initiatives
13.3 Battery Energy Storage Market, Italy, Market Size Analysis
  • Battery Energy Storage Market, Italy, Cumulative Capacity (GW), 2020, 2024, and 2030
  • Battery Energy Storage Market, Italy, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
  • Battery Energy Storage Market, Italy, Market Share by Technology
13.4 Battery Energy Storage Market, Italy, Market Share
13.5 Battery Energy Storage Market, Italy, Major Upcoming Projects
14 Battery Energy Storage Market, Global, Company Profiles
14.1 Tesla Inc
14.2 LG Chem Ltd
14.3 Samsung SDI Co Ltd
14.4 BYD Co Ltd
14.5 NGK Insulators Ltd
14.6 Fluence Energy Inc
15 Appendix
15.1 Abbreviations
15.2 Bibliography
15.3 Research Methodology
  • Primary Research
  • Secondary Research
  • Market Estimates and Assumptions
  • Contact the Publisher
List of Tables
Table 1: Battery Energy Storage Market, Battery Technology Overview
Table 2: Battery Energy Storage Market, Global, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 3: Battery Energy Storage Market, Global, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 4: Battery Energy Storage Market, Global, Cumulative Technology Market Share (%), 2024
Table 5: Battery Energy Storage Market, Global, Technology Market Share (%), 2024
Table 6: Battery Energy Storage Market, Global, Cumulative Market Share, 2024
Table 7: Battery Energy Storage Market, Global, Market Share, 2024
Table 8: Battery Energy Storage Market, US, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 9: Battery Energy Storage Market, US, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 10: Battery Energy Storage Market, US, Cumulative Technology Market Share (%), 2024
Table 11: Battery Energy Storage Market, US, Cumulative Market Share, 2024
Table 12: Battery Energy Storage Market, US, Upcoming Projects
Table 13: Battery Energy Storage Market, Chile, Cumulative Capacity (MW), 2020, 2024, and 2030
Table 14: Battery Energy Storage Market, Chile, Market Value ($m), 2015-2020, 2015-2024, and 2015-2030
Table 15: Battery Energy Storage Market, Chile, Cumulative Technology Market Share (%), 2024
Table 16: Battery Energy Storage Market, Chile, Cumulative Market Share, 2024
Table 17: Battery Energy Storage Market, Chile, Upcoming Projects
Table 18: Battery Energy Storage Market, India, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 19: Battery Energy Storage Market, India, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 20: Battery Energy Storage Market, India, Cumulative Technology Market Share (%), 2024
Table 21: Battery Energy Storage Market, India, Cumulative Market Share, 2024
Table 22: Battery Energy Storage Market, India, Upcoming Projects
Table 23: Battery Energy Storage Market, China, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 24: Battery Energy Storage Market, China, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 25: Battery Energy Storage Market, China, Cumulative Technology Market Share (%), 2024
Table 26: Battery Energy Storage Market, China, Cumulative Market Share, 2024
Table 27: Battery Energy Storage Market, China, Upcoming Projects
Table 28: Battery Energy Storage Market, Japan, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 29: Battery Energy Storage Market, Japan, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 30: Battery Energy Storage Market, Japan, Cumulative Technology Market Share (%), 2024
Table 31: Battery Energy Storage Market, Japan, Cumulative Market Share, 2024
Table 32: Battery Energy Storage Market, Japan, Upcoming Projects
Table 33: Capacity Investment Scheme BESS Auction Result, Australia, 2024
Table 34: Battery Energy Storage Market, Australia, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 35: Battery Energy Storage Market, Australia, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 36: Battery Energy Storage Market, Australia, Cumulative Technology Market Share (%), 2024
Table 37: Battery Energy Storage Market, Australia, Cumulative Market Share, 2024
Table 38: Battery Energy Storage Market, Australia, Upcoming Projects
Table 39: Battery Energy Storage Market, South Korea, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 40: Battery Energy Storage Market, South Korea, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 41: Battery Energy Storage Market, South Korea, Cumulative Technology Market Share (%), 2024
Table 42: Battery Energy Storage Market, South Korea, Cumulative Market Share, 2024
Table 43: Battery Energy Storage Market, South Korea, Upcoming Projects
Table 44: Battery Energy Storage Market, Germany, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 45: Battery Energy Storage Market, Germany, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 46: Battery Energy Storage Market, Germany, Cumulative Technology Market Share (%), 2024
Table 47: Battery Energy Storage Market, Germany, Cumulative Market Share, 2024
Table 48: Battery Energy Storage Market, Australia, Upcoming Projects
Table 49: Battery Energy Storage Market, UK, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 50: Battery Energy Storage Market, UK, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 51: Battery Energy Storage Market, UK, Cumulative Technology Market Share (%), 2024
Table 52: Battery Energy Storage Market, UK, Cumulative Market Share, 2024
Table 53: Battery Energy Storage Market, UK, Upcoming Projects
Table 54: Battery Energy Storage Market, Italy, Cumulative Capacity (GW), 2020, 2024, and 2030
Table 55: Battery Energy Storage Market, Italy, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Table 56: Battery Energy Storage Market, Italy, Cumulative Technology Market Share (%), 2024
Table 57: Battery Energy Storage Market, Italy, Cumulative Market Share, 2024
Table 58: Battery Energy Storage Market, Italy, Upcoming Projects
Table 59: Battery Energy Storage Market, Tesla Inc
Table 60: Battery Energy Storage Market, LG Chem Ltd
Table 61: Battery Energy Storage Market, Samsung SDI Co Ltd
Table 62: Battery Energy Storage Market, BYD Co Ltd
Table 63: Battery Energy Storage Market, NGK Insulators Ltd
Table 64: Battery Energy Storage Market, Fluence Energy Inc
Table 65: Abbreviations
List of Figures
Figure 1: Battery Energy Storage Market, Global, Major Countries Snapshot, Cumulative Capacity (GW), 2024 and 2030
Figure 2: Battery Energy Storage Market, Classification of Energy Storage Technologies
Figure 3: Battery Energy Storage Market, Battery Energy Storage System Layout
Figure 4: Battery Energy Storage Market, Application of Battery Energy Storage System
Figure 5: Battery Energy Storage Market, Global, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 6: Battery Energy Storage Market, Global, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 7: Battery Energy Storage Market, Global, Cumulative Technology Market Share (%), 2024
Figure 8: Battery Energy Storage Market, Global, Technology Market Share (%), 2024
Figure 9: Battery Energy Storage Market, Global, Cumulative Market Share, 2024
Figure 10: Battery Energy Storage Market, Global, Market Share, 2024
Figure 11: Battery Energy Storage Market, US, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 12: Battery Energy Storage Market, US, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 13: Battery Energy Storage Market, US, Cumulative Technology Market Share (%), 2024
Figure 14: Battery Energy Storage Market, US, Cumulative Market Share, 2024
Figure 15: Battery Energy Storage Market, Chile, Cumulative Capacity (MW), 2020, 2024, and 2030
Figure 16: Battery Energy Storage Market, Chile, Market Value ($m), 2015-2020, 2015-2024, and 2015-2030
Figure 17: Battery Energy Storage Market, Chile, Cumulative Technology Market Share (%), 2024
Figure 18: Battery Energy Storage Market, Chile, Cumulative Market Share, 2024
Figure 19: Battery Energy Storage Market, India, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 20: Battery Energy Storage Market, India, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 21: Battery Energy Storage Market, India, Cumulative Technology Market Share (%), 2024
Figure 22: Battery Energy Storage Market, India, Cumulative Market Share, 2024
Figure 23: Battery Energy Storage Market, China, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 24: Battery Energy Storage Market, China, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 25: Battery Energy Storage Market, China, Cumulative Technology Market Share (%), 2024
Figure 26: Battery Energy Storage Market, China, Cumulative Market Share, 2024
Figure 27: Battery Energy Storage Market, Japan, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 28: Battery Energy Storage Market, Japan, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 29: Battery Energy Storage Market, Japan, Cumulative Technology Market Share (%), 2024
Figure 30: Battery Energy Storage Market, Japan, Cumulative Market Share, 2024
Figure 31: Battery Energy Storage Market, Australia, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 32: Battery Energy Storage Market, Australia, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 33: Battery Energy Storage Market, Australia, Cumulative Technology Market Share (%), 2024
Figure 34: Battery Energy Storage Market, Australia, Cumulative Market Share, 2024
Figure 35: Battery Energy Storage Market, South Korea, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 36: Battery Energy Storage Market, South Korea, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 37: Battery Energy Storage Market, South Korea, Cumulative Technology Market Share (%), 2024
Figure 38: Battery Energy Storage Market, South Korea, Cumulative Market Share, 2024
Figure 39: Battery Energy Storage Market, Germany, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 40: Battery Energy Storage Market, Germany, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 41: Battery Energy Storage Market, Germany, Cumulative Technology Market Share (%), 2024
Figure 42: Battery Energy Storage Market, Germany, Cumulative Market Share, 2024
Figure 43: Battery Energy Storage Market, UK, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 44: Battery Energy Storage Market, UK, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 45: Battery Energy Storage Market, UK, Cumulative Technology Market Share (%), 2024
Figure 46: Battery Energy Storage Market, UK, Cumulative Market Share, 2024
Figure 47: Battery Energy Storage Market, Italy, Cumulative Capacity (GW), 2020, 2024, and 2030
Figure 48: Battery Energy Storage Market, Italy, Market Value ($bn), 2015-2020, 2015-2024, and 2015-2030
Figure 49: Battery Energy Storage Market, Italy, Cumulative Technology Market Share (%), 2024
Figure 50: Battery Energy Storage Market, Italy, Cumulative Market Share, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd
  • ads-tec Holding GmbH
  • BYD Co Ltd
  • Contemporary Amperex Technology Co Ltd
  • Dalian Rongke Power Co Ltd
  • Envision Energy Ltd
  • EVE Energy Co Ltd
  • Exide Industries Ltd
  • Fiamm
  • Fluence Energy Inc
  • GE Energy Storage Technologies
  • General Electric Co
  • GS Yuasa Corp
  • Guangdong Dynavolt Renewable Energy Technology Co Ltd
  • Imergy Power Systems Inc
  • Invinity Energy Systems Plc
  • Iqony Solar Energy Solutions GmbH
  • Kokam America Inc.
  • Kokam Co Ltd
  • LG Chem Ltd
  • LG Energy Solution Ltd
  • Maxwell Technologies Inc
  • Mitsubishi Power Americas Inc
  • Mitsubishi Power Ltd
  • Narada Power Source Co Ltd
  • NEC Corp
  • NEC Energy Solutions Inc
  • NGK Insulators Ltd
  • Nidec ASI SpA
  • Powin Energy Corporation
  • Resonac Corporation
  • Robert Bosch GmbH
  • Saft Groupe SA
  • Samsung SDI Co Ltd
  • Shin Kobe Electric Machinery Co Ltd
  • Siemens AG
  • Sineng Electric Co Ltd
  • Sumitomo Electric Industries Ltd
  • Sungrow Power Supply Co Ltd
  • Tesla Inc
  • Toshiba Corp
  • Toshiba Infrastructure Systems & Solutions Corp
  • Trina Solar Co Ltd
  • Trojan Battery Company
  • Wanxiang A123 Systems Corp
  • Wartsila Corp
  • Xiamen Hithium Energy Storage Technology Co Ltd