Global Battery Energy Storage System (ESS) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Battery Energy Storage System (ESS） Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

This report studies the Battery Energy Storage Systems (ESS) market, from angles of company, regions, product types and end industries, to analyze the status and the future. In this report, Battery Energy Storage Systems (ESS) mainly focuses on the electric ESS, instead of the mechanical ESS, thermo-dynamic ESS.



Energy storage systems are the set of methods and technologies used to store various forms of energy.



Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery.

According to our (Global Info Research) latest study, the global Battery Energy Storage System (ESS） market size was valued at US$ 3848 million in 2023 and is forecast to a readjusted size of USD 20220 million by 2030 with a CAGR of 27.0% during review period.

For the major players of Battery Energy Storage System (ESS), Samsung SDI maintained its first place in the ranking in 2019. Followed by LG Chem, Fluence, Hitachi and Kokam. The Top 5 players accounted for about 51% of the Global Battery Energy Storage System (ESS) revenue market share in 2019.

North America, Europe, China, South Korea, Japan are the main production areas. Asia-Pacific occupied the largest revenue market share with nearly 38% in 2019. It is followed by Europe and North America with 30% and 19% respectively.

The type of Lithium Battery Energy Storage System (ESS) including Lithium, Lead Acid, NaS and others. Lithium Battery Energy Storage System (ESS) segment is projected to account for the largest revenue market share with around 89% in 2019.

In the applications, there are Residential and Utility & Commercial. Residential segment was estimated to account for the highest market share of about 58% in 2019.

This report is a detailed and comprehensive analysis for global Battery Energy Storage System (ESS） market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Battery Energy Storage System (ESS） market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/kW), 2019-2030

Global Battery Energy Storage System (ESS） market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/kW), 2019-2030

Global Battery Energy Storage System (ESS） market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (USD/kW), 2019-2030

Global Battery Energy Storage System (ESS） market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (USD/kW), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Battery Energy Storage System (ESS）

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Battery Energy Storage System (ESS） market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung SDI, LG Chem, Fluence, Hitachi, Kokam, LSIS, SMA Solar Technology, NGK, General Electric, Primus Power, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Battery Energy Storage System (ESS） market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Lithium
Lead Acid
NaS
Others

Market segment by Application
Residential
Utility & Commercial

Major players covered
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LSIS
SMA Solar Technology
NGK
General Electric
Primus Power
Panasonic
BYD
Younicos
ABB
Saft
Lockheed Martin Energy
Eos Energy Storage
Con Edison Solutions

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Battery Energy Storage System (ESS） product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Battery Energy Storage System (ESS）, with price, sales quantity, revenue, and global market share of Battery Energy Storage System (ESS） from 2019 to 2024.

Chapter 3, the Battery Energy Storage System (ESS） competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Battery Energy Storage System (ESS） breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Battery Energy Storage System (ESS） market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Battery Energy Storage System (ESS）.

Chapter 14 and 15, to describe Battery Energy Storage System (ESS） sales channel, distributors, customers, research findings and conclusion.