Energy Storage Systems Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global energy storage systems market is expected to grow at a CAGR of around 9.4% during 2025-2034. This report on global energy storage systems market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global energy storage systems market by segmenting the market based on technology, end user and region. Also, detailed profiles of companies operating in the energy storage systems market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Rising Demand from End Users
• Increasing Product Launches
Market Challenges
• High Capital Investments
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Technology
• Pumped Storage
• Electrochemical Storage
• Electromechanical Storage
• Thermal Storage
• Coffeeza
Market by End-user
• Residential
• Non-Residential
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Energy Storage Systems Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Energy Storage Systems Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Energy Storage Systems Market by Technology
- 5.1. Introduction
- 5.2. Pumped Storage
- 5.3. Electrochemical Storage
- 5.4. Electromechanical Storage
- 5.5. Thermal Storage
- 5.6. Coffeeza
- 6. Global Energy Storage Systems Market by End-user
- 6.1. Introduction
- 6.2. Residential
- 6.3. Non-Residential
- 7. Global Energy Storage Systems Market by Region
- 7.1. Introduction
- 7.2. Europe
- 7.2.1. Germany
- 7.2.2. United Kingdom
- 7.2.3. France
- 7.2.4. Italy
- 7.2.5. Spain
- 7.2.6. Russia
- 7.2.7. Netherlands
- 7.2.8. Rest of the Europe
- 7.3. North America
- 7.3.1. United States
- 7.3.2. Canada
- 7.4. Asia Pacific
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. India
- 7.4.4. South Korea
- 7.4.5. Australia
- 7.4.6. Indonesia
- 7.4.7. Rest of the Asia Pacific
- 7.5. Latin America
- 7.5.1. Mexico
- 7.5.2. Brazil
- 7.5.3. Argentina
- 7.5.4. Rest of Latin America
- 7.6. Middle East & Africa
- 7.6.1. Saudi Arabia
- 7.6.2. Turkey
- 7.6.3. Iran
- 7.6.4. United Arab Emirates
- 7.6.5. Rest of Middle East & Africa
- 8. SWOT Analysis
- 9. Porter’s Five Forces
- 10. Market Value Chain Analysis
- 11. Competitive Landscape
- 11.1. Competitive Scenario
- 11.2. Company Profiles
- 11.2.1. Altairnano
- 11.2.2. Autobat SACI
- 11.2.3. Eguana Technologies
- 11.2.4. Exide Industries Ltd.
- 11.2.5. Fluence
- 11.2.6. GENERAL ELECTRIC
- 11.2.7. Ionotec Ltd
- 11.2.8. Langley Holdings plc
- 11.2.9. LG Chem
- 11.2.10. Maxwell Technologies, Inc.
- 11.2.11. Samsung SDI Co., Ltd.
- 11.2.12. Scheider Electric
- 11.2.13. SK Holdings.
- 11.2.14. Tata Power.
- 11.2.15. The Furukawa Battery Co., Ltd.
- List of Figures
- Figure 1: Global Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 2: Global Energy Storage Systems Market by Technology, 2024
- Figure 3: Global Energy Storage Systems Market by End-user, 2024
- Figure 4: Global Energy Storage Systems Market by Region, 2024
- Figure 5: Global Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 6: Global Energy Storage Systems Market by Technology (in %), 2024 & 2034
- Figure 7: Global Pumped Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 8: Global Pumped Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 9: Global Electrochemical Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 10: Global Electrochemical Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 11: Global Electromechanical Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 12: Global Electromechanical Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 13: Global Thermal Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 14: Global Thermal Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 15: Global Coffeeza Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 16: Global Coffeeza Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 17: Global Energy Storage Systems Market by End-user (in %), 2024 & 2034
- Figure 18: Global Residential Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 19: Global Residential Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 20: Global Non-Residential Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 21: Global Non-Residential Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 22: Global Energy Storage Systems Market by Region (in %), 2024 & 2034
- Figure 23: Europe Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 24: Europe Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 25: Europe Energy Storage Systems Market by Country (in %), 2024 & 2034
- Figure 26: Germany Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 27: United Kingdom Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 28: France Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 29: Italy Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 30: Spain Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 31: Russia Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 32: Netherlands Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 33: North America Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 34: North America Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 35: North America Energy Storage Systems Market by Country (in %), 2024 & 2034
- Figure 36: United States Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 37: Canada Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 38: Asia Pacific Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 39: Asia Pacific Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 40: Asia Pacific Energy Storage Systems Market by Country (in %), 2024 & 2034
- Figure 41: China Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 42: Japan Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 43: India Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 44: South Korea Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 45: Australia Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 46: Indonesia Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 47: Latin America Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 48: Latin America Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 49: Latin America Energy Storage Systems Market by Country (in %), 2024 & 2034
- Figure 50: Mexico Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 51: Brazil Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 52: Argentina Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 53: Middle East & Africa Energy Storage Systems Market (in US$ Million), 2020-2024
- Figure 54: Middle East & Africa Energy Storage Systems Market (in US$ Million), 2025-2034
- Figure 55: Middle East & Africa Energy Storage Systems Market by Country (in %), 2024 & 2034
- Figure 56: Saudi Arabia Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 57: Turkey Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 58: Iran Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 59: UAE Energy Storage Systems Market (in US$ Million), 2020-2034
- Figure 60: Market Value Chain
- List of Tables
- Table 1: Global Energy Storage Systems Market Portraiture
- Table 2: Global Energy Storage Systems Market by Technology (in US$ Million), 2024 & 2034
- Table 3: Global Energy Storage Systems Market by End-user (in US$ Million), 2024 & 2034
- Table 4: Global Energy Storage Systems Market by Region (in US$ Million), 2024 & 2034
- Table 5: Europe Energy Storage Systems Market by Country (in US$ Million), 2024 & 2034
- Table 6: North America Energy Storage Systems Market by Country (in US$ Million), 2024 & 2034
- Table 7: Asia Pacific Energy Storage Systems Market by Country (in US$ Million), 2024 & 2034
- Table 8: Latin America Energy Storage Systems Market by Country (in US$ Million), 2024 & 2034
- Table 9: Middle East & Africa Energy Storage Systems Market by Country (in US$ Million),
- 2024 & 2034
- Table 10: List of Key Players
Research Assistance
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