Stationary Battery Storage Market Report 2026

The stationary battery storage market size has grown exponentially in recent years. It will grow from $56.06 billion in 2025 to $67.91 billion in 2026 at a compound annual growth rate (CAGR) of 21.1%. The growth in the historic period can be attributed to growth in renewable energy penetration driving grid balancing needs, rising demand for peak shaving and load shifting, early adoption of utility scale battery storage pilots, increasing need for backup power in critical facilities, declining battery costs enabling wider deployment.

The stationary battery storage market size is expected to see exponential growth in the next few years. It will grow to $146.62 billion in 2030 at a compound annual growth rate (CAGR) of 21.2%. The growth in the forecast period can be attributed to expansion of virtual power plants and distributed energy systems, rising need for grid stability with higher renewable mix, development of next generation battery chemistries, growing investment in energy resilience infrastructure, increasing focus on decarbonization and electrification goals. Major trends in the forecast period include rising deployment of long duration stationary storage solutions, increasing adoption of hybrid energy storage configurations, growing integration of battery storage into renewable microgrids, expansion of advanced safety and thermal management systems, growing demand for modular and scalable stationary storage units.

The expansion of renewable energy sources is set to be a key driver propelling the growth of the stationary battery storage market. As renewable energy deployment, including solar, wind, hydropower, and geothermal sources, continues at a rapid pace, the demand for efficient energy storage solutions escalates. Stationary battery storage solutions play a crucial role in maintaining grid stability and reliability amid this surge in renewable energy use. They offer grid operators enhanced flexibility and control while mitigating the necessity for costly grid infrastructure upgrades. For example, in January 2024, based on the International Energy Agency, a France-based intergovernmental organization, global renewable energy capacity additions rose by 50% in 2023, reaching nearly 510 GW, with solar PV contributing around three-quarters of all new installations worldwide. This trajectory indicates that the rapid deployment of renewable energy sources will significantly bolster the stationary battery storage market.

Prominent companies within the stationary battery storage market are actively developing advanced technologies, exemplified by Rimac Energy's stationary energy storage systems, to enhance market profitability. Rimac Energy stands out as a technologically advanced battery architecture delivering a notable 50% reduction in efficiency losses and reducing the system's footprint by up to 40%, surpassing existing industry-leading solutions. Notably, Rimac Technology, a Croatia-based automotive manufacturer, unveiled Rimac Energy in May 2023, marking a significant leap in stationary energy storage technology. This system represents the next generation of stationary energy storage systems (ESS), leveraging the company's expertise in pioneering electric vehicle technology. The innovative electrical structure supporting Rimac Energy's ESS grants it significant advantages in performance, safety, and availability, including up to 50% lower energy losses and a 40% smaller system footprint.

In October 2023, Hitachi Energy, a Switzerland-based energy technology company, partnered with eks Energy through acquisition for an undisclosed amount. With this acquisition, Hitachi Energy seeks to strengthen its renewable energy offerings, expand its international footprint, and leverage eks Energy’s advanced energy management technologies to provide more efficient, sustainable, and innovative energy solutions. eks Energy is a Spain-based energy company that specializes in stationary battery storage solutions.

Major companies operating in the stationary battery storage market are Uniper SE, Hitachi Ltd., Tesla Inc., Siemens AG, General Electric Company, Lockheed Martin Corporation, Panasonic Corporation, BYD Company Ltd, LG Chem Ltd., Toshiba Corporation, Johnson Controls International plc, Samsung SDI Co. Ltd., Furukawa Battery Co. Ltd., GS Yuasa International Ltd., Exide Technologies, East Penn Manufacturing Co. Inc., Narada Power Source Co. Ltd., Saft Groupe S.A., Duracell Inc., Fluence Energy LLC, Schmid Group, Hoppecke Batteries, HydraRedox, CMBlu Energy AG, Durapower Group, JenaBatteries GmbH.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on imported battery cells, energy storage components, and critical minerals have elevated production and installation costs for stationary battery storage systems, particularly affecting lithium ion and advanced flow battery segments. Regions dependent on imported materials such as Asia Pacific, Europe, and North America face the greatest price pressures. Despite these challenges, tariffs are motivating localized manufacturing, supply chain diversification, and technological innovation, which can strengthen long term market competitiveness and reduce dependency on foreign imports.

The stationary battery storage market research report is one of a series of new reports that provides stationary battery storage market statistics, including stationary battery storage industry global market size, regional shares, competitors with a stationary battery storage market share, detailed stationary battery storage market segments, market trends and opportunities, and any further data you may need to thrive in the stationary battery storage industry. This stationary battery storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Stationary battery storage systems are crucial components of the evolving energy landscape, providing the capability to store electrical energy for later use in fixed applications. This technology is instrumental in advancing the transition towards a more sustainable, reliable, and flexible energy infrastructure. Stationary battery storage serves a multitude of purposes, including grid management, integration of renewable energy sources, and supplying backup power across various sectors.

Diverse types of stationary battery storage solutions exist, encompassing hydrogen and ammonia storage, gravitational energy storage, compressed air energy storage, liquid air storage, and thermal energy storage. Hydrogen and ammonia storage involve specialized methods and technologies designed for storing hydrogen gas (H2) and ammonia (NH3), serving multiple applications, notably as energy carriers or feedstocks in various industries. The application of different battery types, such as lithium-ion, sodium-sulfur, lead-acid, and flow batteries, is widespread in stationary battery storage systems, catering to diverse needs such as grid services, behind-the-meter applications, and off-grid scenarios.North America was the largest region in the stationary battery storage market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stationary battery storage market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the stationary battery storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The stationary battery storage market consists of sales of microgrid battery systems, residential battery storage systems, utility-scale battery storage systems, and containerized battery storage units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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