Long Duration Energy Storage Market by Technology (Mechanical Storage, Thermal Storage, Electrochemical Storage), Duration (8 to 24, >24 to 36, >36), Capacity (Upto 50 MW, 50-100 MW, More Than 100 MW), Application, End User, Region - Global Forecast to 2030
The long duration energy storage market is forecasted to reach USD 8.61 Billion by 2030 from an estimated USD 3.64 billion in 2024, at a CAGR of 15.4% during the forecast period. With an increasingly aggressive push toward renewable energy sources worldwide solar and wind to other kinds-long-duration energy storage has become necessary to overcome some of the challenges of intermittency. It bridges that gap between when energy is produced and demanded by the grid, ensuring a stable grid and improving reliability in clean energy sources. Investments from governments and utilities into renewable projects create demand in energy storage systems for the storage of power for a duration. In contrast, older power grids increase electrical demands and contribute to the decentralized integration of renewable sources into distribution. LDES finds versatile storage solutions for solving the swing swings in the direction of modernizing pre-existing infrastructure and upgrading existing distribution infrastructures. Grid modernization catapults further LDES adoption by a developed economy through quite much efficiency, better resilience, and smooth penetration of renewable sources.
“50-100 MW segment, by capacity is expected to grow at the highest CAGR during the forecast period.”
As large-scale renewable energy projects, such as solar and wind farms, grow, a strong energy storage system becomes necessary to stabilize the otherwise intermittent power generation. The 50-100 MW capacity range is ideal for such projects as it makes it seamless to integrate renewable energy by storing excess energy when generation is high and then releasing it during times of high demand. Power grids are also exposed to the volatility of renewable resources and the growing demand for electricity. Therefore, storage systems with capacities of 50-100 MW play a crucial role in the stabilization of the grid, reducing congestion, maintaining the stability of frequency and voltage, and thus guaranteeing reliable operation of the grid. As such, this capacity range is key in guaranteeing the reliable operation of the grid while supporting global modernization of grids in developed and developing energy systems.
“Grid management segment is expected to emerge as the fastest segment by application.”
The increasing penetration of intermittent renewable sources such as wind and solar presents challenges to grid stability. LDES systems balance supply and demand by storing excess energy during periods of high generation and releasing it when generation is low. This would make it easier to add more renewables to the system and maintain a stable, reliable power supply while supporting further decarbonization. This output can further destabilize grid frequency and voltage when fluctuations occur. LDES technologies maintain stability by offering extended-duration energy discharge. In doing so, utilities respond to the load changes and imbalances that will ensure the power delivered is reliable and efficiently executed in a renewable-rich system.
“Europe to grow at the highest CAGR in the long duration energy storage market.”
Europe is expanding renewable energy capacity, especially in solar and wind, fast to reach decarbonization targets. The LDES technologies play an important role in overcoming the intermittency of renewables by providing excess power at high generation and discharging when the renewables output is low to enhance the stability of the grid while supporting the uptake of clean energy. These are the ambitious energy transition targets set by the European Union, including the European Green Deal, which fuels the demand for sustainable storage solutions. The LDES systems have already proven to provide flexibility for grids, stabilize renewable energy sources, and support efforts towards decarbonization, and the whole of Europe keeps marching towards its climate goals.
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
By Designation: C-Level- 30%, Managers- 25%, and Others- 45%
By Region: North Americas- 30%, Europe- 20%, Asia Pacific- 25%, and the Middle East & Africa- 15% and South America- 10%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
Sumitomo Electric Industries, Ltd. (Japan), ESS Tech, Inc. (US), Energy Vault, Inc. (US), Eos Energy Enterprises (US), Invinity Energy Systems (England), MAN Energy Solutions (Germany), Highview Power (UK), Primus Power (US), CMBlu Energy AG (Germany), and Malta Inc. (US) are some of the key players in the long duration energy storage market. The study includes an in-depth competitive analysis of these key players in the long duration energy storage market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report defines, describes, and forecasts the long duration energy storage market by technology (Mechanical Storage, Thermal Storage, Electrochemical Storage, and Chemical Storage), by duration (8 to 24, >24 to 36, and >36) by Application (Grid Management, Power Backup, Renewable Energy Integration and Off grid and Microgrid Systems), by capacity (Upto 50 MW, 50-100 and more than 100 MW) End User (Utilities, Industrial, Residential & Commercial, and Transportation & Mobilitysss) and by region (North America, Europe, Asia Pacific, Middle East & Africa, and South America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the long duration energy storage market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; Contracts, partnerships, agreements. new product & service launches, mergers and acquisitions, and recent developments associated with the long duration energy storage market. Competitive analysis of upcoming startups in the long duration energy storage market ecosystem is covered in this report.
Key Benefits of Buying the Report
Analysis of key drivers (Growing renewable Energy Integration, Pressing need to enhance grid reliability and resilience to mitigate power outage risks), restraints (High installation costs of DERMS, Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions), opportunities (Limited adoption of DERMS due to uncertainties and varying regulations across different jurisdictions, Expansion of electric vehicle infrastructure) and challenges (Interoperability issues among different energy systems and technologies, Cybersecurity risks associated with DERMS) influences the growth of the long duration energy storage market.
Product Development/ Innovation: The battery chemistries, such as flow batteries, and solid-state batteries, further improve storage efficiency and extend length. Advances in the mechanical storage of CAES, pumped hydro, and more storages which facilitate dischargeability for several days also continue with their development. Old power grids are now also getting upgraded into LDES systems, particularly for ensuring balancing renewable energy integration and peak loads, and the security of supply during an outage situation. In addition, with growing potential for developing green hydrogen as an energy storage medium over long periods, it offers flexibility along with the de-carbonisation benefit.
Market Development: in March 2023, Sumitomo Electric Industries, Ltd. (Japan) developed sEMSA the next-generation energy management solution for grid storage batteries. Charging and discharging plans for a cloud-based server are optimized and profit maximized through applications, including supply-demand balancing and participation in the power trading market. On site, the sEMSA terminal controls the battery operations, maintaining power grid stability and the capability of Virtual Power Plant functionalities for renewable energy integration. Compatible with many battery systems, sEMSA improves grid stability and opens up new sources of revenue for operators that drive efficient energy management solutions.
Market Diversification: In May 2024, ESS Tech, Inc. (US) and Burbank Water and Power (US) commemorate the energizing of BWP's first LDES system in the United States - a 75 kW/500 kWh ESS Energy Warehouse iron flow battery installed at Burbank Water and Power's EcoCampus, interfaced with a 265 kW solar array that will generate enough power to fuel 300 homes-an exemplification of iron flow technology supporting a decarbonized grid. This project supports California's 2045 zero-emission electricity goal and demonstrates the importance of LDES for integrating renewable energy.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like The Sumitomo Electric Industries, Ltd. (Japan), ESS Tech, Inc. (US), Energy Vault, Inc. (US), Eos Energy Enterprises (US), Invinity Energy Systems (England), MAN Energy Solutions (Germany), Highview Power (UK), Primus Power (US), CMBlu Energy AG (Germany), and Malta Inc. (US) among others in the long duration energy storage market.
- Tables List
- Table 1 Long Duration Energy Storage Market Snapshot
- Table 2 Role Of Companies In Long Duration Energy Storage Ecosystem
- Table 3 List Of Major Patents, 2021–2023
- Table 4 Import Scenario For Hs Code 8507-compliant Products, By Country, 2021–2023 (Usd Thousand)
- Table 5 Export Scenario For Hs Code 8507-compliant Products, By Country, 2021–2023 (Usd Thousand)
- Table 6 List Of Conferences And Events, 2024–2025
- Table 7 Indicative Pricing Analysis Of Long Duration Energy Storage Solutions, By Technology, 2024
- Table 8 North America: List Of Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 9 Europe: List Of Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 10 Asia Pacific: List Of Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 11 Middle East & Africa: List Of Regulatory Bodies, Government Agencies, And Other Organizations
- Table 12 South America: List Of Regulatory Bodies, Government Agencies,
- And Other Organizations
- Table 13 Long Duration Energy Storage Market: Regulations
- Table 14 Long Duration Energy Storage Market: Porter's Five Forces Analysis
- Table 15 Influence Of Stakeholders On Buying Process For End Users
- Table 16 Key Buying Criteria, By End User
- Table 17 Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 18 Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 19 Long Duration Energy Storage Market, By Technology, 2020–2023 (Mw)
- Table 20 Long Duration Energy Storage Market, By Technology, 2024–2030 (Mw)
- Table 21 Market Readiness Of Mechanical (Power-to-power) Ldes Technologies
- Table 22 Mechanical Storage: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 23 Mechanical Storage: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 24 Mechanical Storage: Long Duration Energy Storage Market, By Region, 2020–2023 (Mw)
- Table 25 Mechanical Storage: Long Duration Energy Storage Market, By Region, 2024–2030 (Mw)
- Table 26 Mechanical Storage: Long Duration Energy Storage Market,
- By Subsegment, 2020–2023 (Usd Million)
- Table 27 Mechanical Storage: Long Duration Energy Storage Market,
- By Subsegment, 2024–2030 (Usd Million)
- Table 28 Market Readiness Of Thermal Projects And Ldes Technologies
- Table 29 Thermal Storage: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 30 Thermal Storage: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 31 Thermal Storage: Long Duration Energy Storage Market, By Region, 2020–2023 (Mw)
- Table 32 Thermal Storage: Long Duration Energy Storage Market, By Region, 2024–2030 (Mw)
- Table 33 Thermal Storage: Long Duration Energy Storage Market,
- By Subsegment, 2020–2023 (Usd Million)
- Table 34 Thermal Storage: Long Duration Energy Storage Market,
- By Subsegment, 2024–2030 (Usd Million)
- Table 35 Market Readiness Of Electrochemical Projects And Ldes Technologies
- Table 36 Electrochemical Storage: Long Duration Energy Storage Market,
- By Region, 2020–2023 (Usd Million)
- Table 37 Electrochemical Storage: Long Duration Energy Storage Market,
- By Region, 2024–2030 (Usd Million)
- Table 38 Electrochemical Storage: Long Duration Energy Storage Market,
- By Region, 2020–2023 (Mw)
- Table 39 Electrochemical Storage: Long Duration Energy Storage Market,
- By Region, 2024–2030 (Mw)
- Table 40 Electrochemical Storage: Long Duration Energy Storage Market,
- By Subsegment, 2020–2023 (Usd Million)
- Table 41 Electrochemical Storage: Long Duration Energy Storage Market,
- By Subsegment, 2024–2030 (Usd Million)
- Table 42 Market Readiness Of Chemical Projects And Ldes Technologies
- Table 43 Long Duration Energy Storage Market, By Duration,
- 2020–2023 (Usd Million)
- Table 44 Long Duration Energy Storage Market, By Duration,
- 2024–2030 (Usd Million)
- Table 45 8 To 24 Hours: Long Duration Energy Storage Market, By Region,
- 2020–2023 (Usd Million)
- Table 46 8 To 24 Hours: Long Duration Energy Storage Market, By Region,
- 2024–2030 (Usd Million)
- Table 47 >24 To 36 Hours: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 48 >24 To 36 Hours: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 49 >36 Hours: Long Duration Energy Storage Market, By Region,
- 2020–2023 (Usd Million)
- Table 50 >36 Hours: Long Duration Energy Storage Market, By Region,
- 2024–2030 (Usd Million)
- Table 51 Long Duration Energy Storage Market, By Capacity,
- 2020–2023 (Usd Million)
- Table 52 Long Duration Energy Storage Market, By Capacity,
- 2024–2030 (Usd Million)
- Table 53 Up To 50 Mw: Long Duration Energy Storage Market, By Region,
- 2020–2023 (Usd Million)
- Table 54 Up To 50 Mw: Long Duration Energy Storage Market, By Region,
- 2024–2030 (Usd Million)
- Table 55 50−100 Mw: Long Duration Energy Storage Market, By Region,
- 2020–2023 (Usd Million)
- Table 56 50−100 Mw: Long Duration Energy Storage Market, By Region,
- 2024–2030 (Usd Million)
- Table 57 More Than 100 Mw: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 58 More Than 100 Mw: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 59 Long Duration Energy Storage Market, By Application,
- 2020–2023 (Usd Million)
- Table 60 Long Duration Energy Storage Market, By Application,
- 2024–2030 (Usd Million)
- Table 61 Grid Management: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 62 Grid Management: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 63 Power Backup: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 64 Power Backup: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 65 Renewable Energy Integration: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 66 Renewable Energy Integration: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 67 Off Grid & Microgrid Systems: Long Duration Energy Storage Market, By Region, 2020–2023 (Usd Million)
- Table 68 Off Grid & Microgrid Systems: Long Duration Energy Storage Market, By Region, 2024–2030 (Usd Million)
- Table 69 Long Duration Energy Storage Market, By End User,
- 2020–2023 (Usd Million)
- Table 70 Long Duration Energy Storage Market, By End User,
- 2024–2030 (Usd Million)
- Table 71 Utilities: Long Duration Energy Storage Market, By Region,
- 2020–2023 (Usd Million)
- Table 72 Utilities: Long Duration Energy Storage Market, By Region,
- 2024–2030 (Usd Million)
- Table 73 Industrial: Long Duration Energy Storage Market, By Region,
- 2020–2023 (Usd Million)
- Table 74 Industrial: Long Duration Energy Storage Market, By Region,
- 2024–2030 (Usd Million)
- Table 75 Residential & Commercial: Long Duration Energy Storage Market,
- By Region, 2020–2023 (Usd Million)
- Table 76 Residential & Commercial: Long Duration Energy Storage Market,
- By Region, 2024–2030 (Usd Million)
- Table 77 Transportation & Mobility: Long Duration Energy Storage Market,
- By Region, 2020–2023 (Usd Million)
- Table 78 Transportation & Mobility: Long Duration Energy Storage Market,
- By Region, 2024–2030 (Usd Million)
- Table 79 Long Duration Energy Storage Market, By Region,
- 2020–2023 (Usd Million)
- Table 80 Long Duration Energy Storage Market, By Region,
- 2024–2030 (Usd Million)
- Table 81 Long Duration Energy Storage Market, By Region,
- 2020–2023 (Mw)
- Table 82 Long Duration Energy Storage Market, By Region, 2024–2030 (Mw)
- Table 83 North America: Long Duration Energy Storage Market, By Technology, 2020–2023 (Usd Million)
- Table 84 North America: Long Duration Energy Storage Market, By Technology, 2024–2030 (Usd Million)
- Table 85 North America: Long Duration Energy Storage Market, By Technology, 2020–2023 (Mw)
- Table 86 North America: Long Duration Energy Storage Market, By Technology, 2024–2030 (Mw)
- Table 87 North America: Long Duration Energy Storage Market, By End User, 2020–2023 (Usd Million)
- Table 88 North America: Long Duration Energy Storage Market, By End User, 2024–2030 (Usd Million)
- Table 89 North America: Long Duration Energy Storage Market, By Application, 2020–2023 (Usd Million)
- Table 90 North America: Long Duration Energy Storage Market, By Application, 2024–2030 (Usd Million)
- Table 91 North America: Long Duration Energy Storage Market, By Capacity, 2020–2023 (Usd Million)
- Table 92 North America: Long Duration Energy Storage Market, By Capacity, 2024–2030 (Usd Million)
- Table 93 North America: Long Duration Energy Storage Market, By Duration, 2020–2023 (Usd Million)
- Table 94 North America: Long Duration Energy Storage Market, By Duration, 2024–2030 (Usd Million)
- Table 95 North America: Long Duration Energy Storage Market, By Country, 2020–2023 (Usd Million)
- Table 96 North America: Long Duration Energy Storage Market, By Country, 2024–2030 (Usd Million)
- Table 97 Us: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 98 Us: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 99 Canada: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 100 Canada: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 101 Mexico: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 102 Mexico: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 103 Asia Pacific: Long Duration Energy Storage Market, By Technology, 2020–2023 (Usd Million)
- Table 104 Asia Pacific: Long Duration Energy Storage Market, By Technology, 2024–2030 (Usd Million)
- Table 105 Asia Pacific: Long Duration Energy Storage Market, By Technology, 2020–2023 (Mw)
- Table 106 Asia Pacific: Long Duration Energy Storage Market, By Technology, 2024–2030 (Mw)
- Table 107 Asia Pacific: Long Duration Energy Storage Market, By End User,
- 2020–2023 (Usd Million)
- Table 108 Asia Pacific: Long Duration Energy Storage Market, By End User,
- 2024–2030 (Usd Million)
- Table 109 Asia Pacific: Long Duration Energy Storage Market, By Application, 2020–2023 (Usd Million)
- Table 110 Asia Pacific: Long Duration Energy Storage Market, By Application, 2024–2030 (Usd Million)
- Table 111 Asia Pacific: Long Duration Energy Storage Market, By Capacity,
- 2020–2023 (Usd Million)
- Table 112 Asia Pacific: Long Duration Energy Storage Market, By Capacity,
- 2024–2030 (Usd Million)
- Table 113 Asia Pacific: Long Duration Energy Storage Market, By Duration,
- 2020–2023 (Usd Million)
- Table 114 Asia Pacific: Long Duration Energy Storage Market, By Duration,
- 2024–2030 (Usd Million)
- Table 115 Asia Pacific: Long Duration Energy Storage Market, By Country,
- 2020–2023 (Usd Million)
- Table 116 Asia Pacific: Long Duration Energy Storage Market, By Country,
- 2024–2030 (Usd Million)
- Table 117 China: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 118 China: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 119 Japan: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 120 Japan: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 121 India: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 122 India: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 123 Australia: Long Duration Energy Storage Market, By Technology, 2020–2023 (Usd Million)
- Table 124 Australia: Long Duration Energy Storage Market, By Technology, 2024–2030 (Usd Million)
- Table 125 Rest Of Asia Pacific: Long Duration Energy Storage Market,
- By Technology, 2020–2023 (Usd Million)
- Table 126 Rest Of Asia Pacific: Long Duration Energy Storage Market,
- By Technology, 2024–2030 (Usd Million)
- Table 127 Europe: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 128 Europe: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 129 Europe: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Mw)
- Table 130 Europe: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Mw)
- Table 131 Europe: Long Duration Energy Storage Market, By End User,
- 2020–2023 (Usd Million)
- Table 132 Europe: Long Duration Energy Storage Market, By End User,
- 2024–2030 (Usd Million)
- Table 133 Europe: Long Duration Energy Storage Market, By Application,
- 2020–2023 (Usd Million)
- Table 134 Europe: Long Duration Energy Storage Market, By Application,
- 2024–2030 (Usd Million)
- Table 135 Europe: Long Duration Energy Storage Market, By Capacity,
- 2020–2023 (Usd Million)
- Table 136 Europe: Long Duration Energy Storage Market, By Capacity,
- 2024–2030 (Usd Million)
- Table 137 Europe: Long Duration Energy Storage Market, By Duration,
- 2020–2023 (Usd Million)
- Table 138 Europe: Long Duration Energy Storage Market, By Duration,
- 2024–2030 (Usd Million)
- Table 139 Europe: Long Duration Energy Storage Market, By Country,
- 2020–2023 (Usd Million)
- Table 140 Europe: Long Duration Energy Storage Market, By Country,
- 2024–2030 (Usd Million)
- Table 141 Germany: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 142 Germany: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 143 Uk: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 144 Uk: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 145 France: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 146 France: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 147 Italy: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 148 Italy: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 149 Rest Of Europe: Long Duration Energy Storage Market, By Technology, 2020–2023 (Usd Million)
- Table 150 Rest Of Europe: Long Duration Energy Storage Market, By Technology, 2024–2030 (Usd Million)
- Table 151 Middle East & Africa: Long Duration Energy Storage Market,
- By Technology, 2020–2023 (Usd Million)
- Table 152 Middle East & Africa: Long Duration Energy Storage Market,
- By Technology, 2024–2030 (Usd Million)
- Table 153 Middle East & Africa: Long Duration Energy Storage Market,
- By Technology, 2020–2023 (Mw)
- Table 154 Middle East & Africa: Long Duration Energy Storage Market,
- By Technology, 2024–2030 (Mw)
- Table 155 Middle East & Africa: Long Duration Energy Storage Market,
- By End User, 2020–2023 (Usd Million)
- Table 156 Middle East & Africa: Long Duration Energy Storage Market,
- By End User, 2024–2030 (Usd Million)
- Table 157 Middle East & Africa: Long Duration Energy Storage Market,
- By Application, 2020–2023 (Usd Million)
- Table 158 Middle East & Africa: Long Duration Energy Storage Market,
- By Application, 2024–2030 (Usd Million)
- Table 159 Middle East & Africa: Long Duration Energy Storage Market,
- By Capacity, 2020–2023 (Usd Million)
- Table 160 Middle East & Africa: Long Duration Energy Storage Market,
- By Capacity, 2024–2030 (Usd Million)
- Table 161 Middle East & Africa: Long Duration Energy Storage Market,
- By Duration, 2020–2023 (Usd Million)
- Table 162 Middle East & Africa: Long Duration Energy Storage Market,
- By Duration, 2024–2030 (Usd Million)
- Table 163 Middle East & Africa: Long Duration Energy Storage Market,
- By Country, 2020–2023 (Usd Million)
- Table 164 Middle East & Africa: Long Duration Energy Storage Market,
- By Country, 2024–2030 (Usd Million)
- Table 165 Gcc Countries: Long Duration Energy Storage Market, By Technology, 2020–2023 (Usd Million)
- Table 166 Gcc Countries: Long Duration Energy Storage Market, By Technology, 2024–2030 (Usd Million)
- Table 167 South Africa: Long Duration Energy Storage Market, By Technology, 2020–2023 (Usd Million)
- Table 168 South Africa: Long Duration Energy Storage Market, By Technology, 2024–2030 (Usd Million)
- Table 169 Rest Of Middle East & Africa: Long Duration Energy Storage Market,
- By Technology, 2020–2023 (Usd Million)
- Table 170 Rest Of Middle East & Africa: Long Duration Energy Storage Market,
- By Technology, 2024–2030 (Usd Million)
- Table 171 South America: Long Duration Energy Storage Market, By Technology, 2020–2023 (Usd Million)
- Table 172 South America: Long Duration Energy Storage Market, By Technology, 2024–2030 (Usd Million)
- Table 173 South America: Long Duration Energy Storage Market, By Technology, 2020–2023 (Mw)
- Table 174 South America: Long Duration Energy Storage Market, By Technology, 2024–2030 (Mw)
- Table 175 South America: Long Duration Energy Storage Market, By End User, 2020–2023 (Usd Million)
- Table 176 South America: Long Duration Energy Storage Market, By End User, 2024–2030 (Usd Million)
- Table 177 South America: Long Duration Energy Storage Market, By Application, 2020–2023 (Usd Million)
- Table 178 South America: Long Duration Energy Storage Market, By Application, 2024–2030 (Usd Million)
- Table 179 South America: Long Duration Energy Storage Market, By Capacity, 2020–2023 (Usd Million)
- Table 180 South America: Long Duration Energy Storage Market, By Capacity, 2024–2030 (Usd Million)
- Table 181 South America: Long Duration Energy Storage Market, By Duration, 2020–2023 (Usd Million)
- Table 182 South America: Long Duration Energy Storage Market, By Duration, 2024–2030 (Usd Million)
- Table 183 South America: Long Duration Energy Storage Market, By Country, 2020–2023 (Usd Million)
- Table 184 South America: Long Duration Energy Storage Market, By Country, 2024–2030 (Usd Million)
- Table 185 Brazil: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 186 Brazil: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 187 Chile: Long Duration Energy Storage Market, By Technology,
- 2020–2023 (Usd Million)
- Table 188 Chile: Long Duration Energy Storage Market, By Technology,
- 2024–2030 (Usd Million)
- Table 189 Rest Of South America: Long Duration Energy Storage Market,
- By Technology, 2020–2023 (Usd Million)
- Table 190 Rest Of South America: Long Duration Energy Storage Market,
- By Technology, 2024–2030 (Usd Million)
- Table 191 Long Duration Energy Storage Market:
- Overview Of Strategies Adopted By Key Players, 2020–2024
- Table 192 Long Duration Energy Storage Market: Degree Of Competition, 2023
- Table 193 Long Duration Energy Storage Market: Region Footprint
- Table 194 Long Duration Energy Storage Market: Duration Footprint
- Table 195 Long Duration Energy Storage Market: Technology Footprint
- Table 196 Long Duration Energy Storage Market: Application Footprint
- Table 197 Long Duration Energy Storage Market: Capacity Footprint
- Table 198 Long Duration Energy Storage Market: End User Footprint
- Table 199 Long Duration Energy Storage Market: List Of Key Startups/Smes
- Table 200 Long Duration Energy Storage Market:
- Competitive Benchmarking Of Key Startups/Smes
- Table 201 Long Duration Energy Storage Market:
- Product Launches, January 2020–november 2024
- Table 202 Long Duration Energy Storage Market:
- Deals, January 2020–november 2024
- Table 203 Long Duration Energy Storage Market:
- Expansions, January 2020–november 2024
- Table 204 Long Duration Energy Storage Market:
- Other Developments, January 2020–november 2024
- Table 205 Man Energy Solutions: Company Overview
- Table 206 Man Energy Solutions: Products/Solutions/Services Offered
- Table 207 Man Energy Solutions: Deals
- Table 208 Man Energy Solutions: Other Developments
- Table 209 Sumitomo Electric Industries, Ltd.: Company Overview
- Table 210 Sumitomo Electric Industries, Ltd.:
- Products/Solutions/Services Offered
- Table 211 Sumitomo Electric Industries, Ltd.: Product Launches
- Table 212 Sumitomo Electric Industries, Ltd.: Deals
- Table 213 Sumitomo Electric Industries, Ltd.: Expansions
- Table 214 Sumitomo Electric Industries, Ltd.: Other Developments
- Table 215 Energy Vault, Inc.: Company Overview
- Table 216 Energy Vault, Inc.: Products/Solutions/Services Offered
- Table 217 Energy Vault, Inc.: Deals
- Table 218 Energy Vault, Inc.: Expansions
- Table 219 Energy Vault, Inc.: Other Developments
- Table 220 Invinity Energy Systems: Company Overview
- Table 221 Invinity Energy Systems: Products/Solutions/Services Offered
- Table 222 Invinity Energy Systems: Deals
- Table 223 Invinity Energy Systems: Other Developments
- Table 224 Highview Power: Company Overview
- Table 225 Highview Power: Products/Solutions/Services Offered
- Table 226 Highview Power: Deals
- Table 227 Highview Power: Expansions
- Table 228 Highview Power: Other Developments
- Table 229 Cmblu Energy Ag: Company Overview
- Table 230 Cmblu Energy Ag: Products/Solutions/Services Offered
- Table 231 Cmblu Energy Ag: Deals
- Table 232 Cmblu Energy Ag: Expansions
- Table 233 Cmblu Energy Ag: Other Developments
- Table 234 Rheenergise Limited: Company Overview
- Table 235 Rheenergise Limited: Products/Solutions/Services Offered
- Table 236 Rheenergise Limited: Deals
- Table 237 Rheenergise Limited: Other Developments
- Table 238 Malta Inc.: Company Overview
- Table 239 Malta Inc.: Products/Solutions/Services Offered
- Table 240 Malta Inc.: Deals
- Table 241 Malta Inc.: Other Developments
- Table 242 Primus Power: Company Overview
- Table 243 Primus Power: Products/Solutions/Services Offered
- Table 244 Storelectric Ltd.: Company Overview
- Table 245 Storelectric Ltd.: Products/Solutions/Services Offered
- Table 246 Quantumscape Battery, Inc.: Company Overview
- Table 247 Quantumscape Battery, Inc.: Products/Solutions/Services Offered
- Table 248 Quantumscape Battery, Inc.: Deals
- Table 249 Form Energy: Company Overview
- Table 250 Form Energy: Products/Solutions/Services Offered
- Table 251 Form Energy: Deals
- Table 252 Form Energy: Expansions
- Table 253 Form Energy: Other Developments
- Table 254 Sfw: Company Overview
- Table 255 Sfw: Products/Solutions/Services Offered
- Table 256 Sfw: Deals
- Table 257 Sfw: Other Developments
- Table 258 Augwind: Company Overview
- Table 259 Augwind: Products/Solutions/Services Offered
- Table 260 Augwind: Deals
- Table 261 Augwind: Expansions
- Table 262 Augwind: Other Developments
- Table 263 Ess Tech, Inc.: Company Overview
- Table 264 Ess Tech, Inc.: Products/Solutions/Services Offered
- Table 265 Ess Tech, Inc.: Product Launches
- Table 266 Ess Tech, Inc.: Deals
- Table 267 Ess Tech, Inc.: Expansions
- Table 268 Ess Tech, Inc.: Other Developments
- Table 269 Eos Energy Enterprises: Company Overview
- Table 270 Eos Energy Enterprises: Products/Solutions/Services Offered
- Table 271 Eos Energy Enterprises: Deals
- Table 272 Eos Energy Enterprises: Other Developments
- Table 273 1414 Degrees Australia: Business Overview
- Table 274 Gkn Hydrogen: Business Overview
- Table 275 Alsym Energy Inc.: Business Overview
- Table 276 Ambri Incorporated: Business Overview
- Table 277 Vflowtech Pte Ltd.: Business Overview
- Table 278 Voltstorage: Business Overview
- Table 279 Mga Thermal Pty Ltd: Business Overview
- Table 280 Rondo Energy, Inc.: Business Overview
- Table 281 Lina Energy Ltd.: Business Overview
- Table 282 E-zinc Inc.: Business Overview
- Table 283 Rye Development, Llc: Business Overview
- Table 284 Hydrostor: Business Overview
- Table 285 Energy Dome S.P.A.: Business Overview
- Table 286 Arkle Energy Solutions: Business Overview
- Figures List
- Figure 1 Long Duration Energy Storage Market: Research Design
- Figure 2 Long Duration Energy Storage Market: Data Triangulation
- Figure 3 Long Duration Energy Storage Market: Bottom-up Approach
- Figure 4 Long Duration Energy Storage Market: Top-down Approach
- Figure 5 Long Duration Energy Storage Market: Demand-side Analysis
- Figure 6 Key Metrics Considered For Assessing Supply Of
- Long Duration Energy Storage Providers
- Figure 7 Long Duration Energy Storage Market: Supply-side Analysis
- Figure 8 Share Of Players In Long Duration Energy Storage Market, 2023
- Figure 9 North America Dominated Long Duration Energy Storage
- Market In 2023
- Figure 10 Mechanical Storage To Account For Largest Market Share In 2024
- Figure 11 Grid Management Segment To Account For Largest Market Share During Forecast Period
- Figure 12 Utilities Segment To Be Dominant End User Of
- Long Duration Energy Storage During Forecast Period
- Figure 13 More Than 100 Mw Segment To Account For Largest Market Share
- By 2030
- Figure 14 8 To 24 Hours Segment To Register Highest Cagr
- During Forecast Period
- Figure 15 Increasing Adoption Of Renewable Energy Sources And
- Government Policies To Drive Market During Forecast Period
- Figure 16 Mexico To Be Fastest-growing Long Duration Energy Storage Market During Forecast Period
- Figure 17 Electrochemical Storage To Dominate Long Duration Energy
- Storage Market In 2030
- Figure 18 8 To 24 Hours Segment To Account For Largest Share Of
- Long Duration Energy Storage Market In 2030
- Figure 19 Grid Management To Be Dominant Application Of
- Long Duration Energy Storage Market In 2030
- Figure 20 More Than 100 Mw Segment To Account For
- Largest Market Share In 2030
- Figure 21 Utilities To Be Dominant End User Of Long
- Duration Energy Storage In 2030
- Figure 22 Us To Dominate Long Duration Energy Storage Market
- In North America
- Figure 23 Long Duration Energy Storage Market: Drivers, Restraints, Opportunities, And Challenges
- Figure 24 Trends/Disruptions Impacting Customer Business
- Figure 25 Long Duration Energy Storage Market: Supply Chain Analysis
- Figure 26 Long Duration Energy Storage Market: Ecosystem Analysis
- Figure 27 Investment And Funding Scenario, 2023
- Figure 28 Patent Applied And Granted, 2014–2023
- Figure 29 Import Data For Hs Code 8507-compliant Products, By Country,
- 2021–2023
- Figure 30 Export Data For Hs Code 8507-compliant Products,
- By Country, 2021–2023
- Figure 31 Average Selling Price Trend Of Long Duration Energy Storage Solutions, By Region, 2020–2024
- Figure 32 Porter's Five Forces’ Impact On Long Duration Energy Storage Market
- Figure 33 Influence Of Stakeholders On Buying Process For End Users
- Figure 34 Key Buying Criteria For End Users
- Figure 35 Impact Of Ai/Generative Ai On End User And Region
- Figure 36 Long Duration Energy Storage Market Share, By Technology, 2023
- Figure 37 Long Duration Energy Storage Market Share, By Duration, 2023
- Figure 38 Long Duration Energy Storage Market Share, By Capacity, 2023
- Figure 39 Long Duration Energy Storage Market Share, By Application, 2023
- Figure 40 Long Duration Energy Storage Market Share, By End User, 2023
- Figure 41 Asia Pacific To Be Fastest-growing Long Duration Energy Storage Market During Forecast Period
- Figure 42 North America: Long Duration Energy Storage Market Snapshot
- Figure 43 Europe: Long Duration Energy Storage Market Snapshot
- Figure 44 Long Duration Energy Storage Market: Revenue Analysis Of
- Top Five Players, 2019–2023
- Figure 45 Long Duration Energy Storage Market Share Analysis, 2023
- Figure 46 Company Valuation, 2024
- Figure 47 Financial Metrics, 2024
- Figure 48 Brand/Product Comparison
- Figure 49 Long Duration Energy Storage Market:
- Company Evaluation Matrix (Key Players), 2023
- Figure 50 Long Duration Energy Storage Market: Company Footprint
- Figure 51 Long Duration Energy Storage Market: Market Footprint
- Figure 52 Long Duration Energy Storage Market:
- Company Evaluation Matrix (Startups/Smes), 2023
- Figure 53 Sumitomo Electric Industries, Ltd.: Company Snapshot
- Figure 54 Energy Vault, Inc.: Company Snapshot
- Figure 55 Invinity Energy Systems: Company Snapshot
- Figure 56 Augwind: Company Snapshot
- Figure 57 Ess Tech, Inc.: Company Snapshot
- Figure 58 Eos Energy Enterprises: Company Snapshot