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Battery Energy Storage System Market Size and Trends by Regions, Countries, Technology, Drivers, Constraints, Key Players, and Forecast, 2021-2026

Battery energy storage systems market was valued at $5.28 billion in 2021. Battery energy storage system market size and trends by regions, countries, technology, drivers, constraints, key players, and forecast, 2021-2026 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, Republic of Korea, Germany, the UK, and France) level.

Battery energy storage systems market overview

Battery energy storage systems market overview

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Which are the key regions in the battery energy storage systems market?

The key regions in the battery energy storage systems market are Americas, APAC, and EMEA. Asia-Pacific is the largest market for battery energy storage.

Which are the key countries in the battery energy storage systems market?

The key countries in the battery energy storage systems market are the US, Chile, China, India, Japan, Australia, Republic of Korea, Germany, the UK, and France.

Battery energy storage systems market, by key countries

Battery energy storage systems market, by key countries

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Which are the key technologies in the battery energy storage systems market?

The key technologies in the battery energy storage systems market are lithium-ion battery, lithium iron phosphate battery, sodium-based battery, others, lead-acid battery, flow battery, hybrid, and nickel-based battery.

Lithium-ion has eclipsed lead-acid as the primary technology for battery storage deployment. Lithium-ion’s cost and performance advantages, deep discharge cycle life, energy and power density, and other attributes proved more suitable for storage than those of other types of batteries. Li-ion technology prices are expected to decrease further due to technological improvements and growing market acceptance. Although flow batteries constitute a small portion of the market, they form a promising longer-term battery storage solution (4 hrs or more). This is due to the technology’s ability to handle large energy capacity and offer better cycle durability. Currently, several technologies are in development stage and could alter the market with the proliferation of technology types such as lithium-ion, beyond the forecast period. Over the forecast period, lithium-ion is expected to be the mainstay of the BESS market.

Battery energy storage systems market, by key technologies

Battery energy storage systems market, by key technologies

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Which are the key competitors in the battery energy storage systems market?

The key competitors in the battery energy storage systems market are Tesla Inc, LG Chem Ltd, Samsung SDI Co Ltd, Fluence Energy Inc, BYD Co Ltd, NGK Insulators Ltd, GS Yuasa Corp, NEC Energy Solutions Inc, Saft Groupe SA, Narada Power Source Co Ltd, Toshiba Corp, and Wartsila Corp.

Tesla Inc, LG Chem Ltd, Samsung SDI Co Ltd, Fluence Energy Inc, and BYD Co Ltd are some of the major market participants in battery projects installed worldwide. Although lithium-ion is in the lead in market deployments, flow batteries and hybrid battery systems will also find a place eventually. As the energy storage industry progresses, companies have to strive for technological advancement in order to stay up-to-date with industry trends.

Battery energy storage systems market, by key competitors

Battery energy storage systems market, by key competitors

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Market report scope

Market size 2021 $5.28 billion
Forecast period 2021-2026
Key regions Americas, APAC, and EMEA
Key countries US, Chile, China, India, Japan, Australia, Republic of Korea, Germany, the UK, and France
Key technologies Lithium-ion Battery, Lithium Iron Phosphate Battery, Sodium-Based Battery, Others, Lead-Acid Battery, Flow Battery, Hybrid, and Nickel-Based Battery.
Key competitors Tesla Inc, LG Chem Ltd, Samsung SDI Co Ltd, Fluence Energy Inc, BYD Co Ltd, NGK Insulators Ltd, GS Yuasa Corp, NEC Energy Solutions Inc, Saft Groupe SA, Narada Power Source Co Ltd, Toshiba Corp, and Wartsila Corp

 Scope

The report analyses the switchgears utilized for power transmission. Its scope includes:

  • Analysis of the market trends at global and regional levels including Asia-Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides market analysis for key countries including the US, Canada, Brazil, India, China, Japan, Russia, Germany, Saudi Arabia, and the UK.
  • The report offers market analysis (value and volume) for the historical period and forecast period.
  • It provides competitive landscape of leading players at country level for 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 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, Republic of Korea, Germany, the UK, and France.
  • The report offers global, regional, and country level battery energy storage system market value (up to 2017, up to 2021, and up to 2026) and volume (up to 2017, up to 2021, and up to 2026). Market share by technology is also discussed in the report for installations up to 2021.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on battery energy storage system market are discussed.
  • The report provides competitive landscape at country level for the year 2021. It also covers key policies and initiatives, key deals, and key projects year 2021.

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.

Key Players

A123 Systems LLC, ABB Ltd, Amperex Technology Limited, Belectric Solar & Battery GmbH, BlueSolutions SA, BYD Co Ltd, Contemporary Amperex Technology Ltd, Dalian Rongke Power Co Ltd, Doosan Gridtech Inc, Ecoult, Exide Industries Ltd, Fiamm, Fluence Energy Inc, General Electric Co, GS Yuasa Corp, Guangdong Dynavolt Renewable Energy Technology Co Ltd, Hyundai Electric and Energy Systems Co Ltd, Invinity Energy Systems Plc, Kokam America Inc., Kokam Co Ltd, Leclanche SA, LG Chem Ltd, LG Corp, Maxwell Technologies Inc, Narada Power Source Co Ltd, NEC Chile SA, NEC Corp, NEC Energy Solutions Inc, NGK Insulators Ltd, Nidec ASI SpA, NR Electric Co Ltd, Robert Bosch GmbH, Saft Groupe SA, SAMSUNG, Samsung SDI Co Ltd, Shenzhen Cubenergy Co Ltd, Shenzhen Sinexcel Electric Co Ltd, Shin Kobe Electric Machinery Co Ltd, Showa Denko Materials Co Ltd, Siemens AG, SMA Solar Technology AG, Sumitomo Electric Industries Ltd, Sungrow-Samsung SDI Energy Storage Power Supply Co Ltd, Tesla Inc, Toshiba Corp, Wartsila Corp, Xtreme Power Inc., Younicos GmbH

Table of Contents

1. Executive Summary

1.1 Global Battery Energy Storage Market to Reach a Value of $10.84bn by 2026

1.2 China to Lead the Country-Level Market for Battery Energy Storage

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, Costs

2.5 Battery Energy Storage Market, Rationale for Usage

2.6 Battery Energy Storage Market, Disposal and Environmental Impact

2.7 Battery Energy Storage Market, GlobalData 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 Analysis

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, Market Volume (GW), 2017, 2021, 2026

Battery Energy Storage Market, Global, Market Value ($bn), 2017, 2021, 2026

Battery Energy Storage Market, Global, Market Share by Region, 2017, 2021, 2026

Battery Energy Storage Market, Global, Market Share by Technology, 2021

3.4 Battery Energy Storage Market, Global, Competitive Landscape, 2021

4. Battery Energy Storage Market, Americas

4.1 Battery Energy Storage Market, Americas, Market Overview

4.2 Battery Energy Storage Market, Americas, Market Size Analysis

Battery Energy Storage Market, Americas, Market Volume (GW), 2017, 2021, 2026

Battery Energy Storage Market, Americas, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, Americas, Market Share by Technology, 2021

4.3 Battery Energy Storage Market, Americas, Competitive Landscape, 2021

5. Battery Energy Storage Market, US

5.1 Battery Energy Storage Market, US, Market Overview

5.2 Battery Energy Storage Market, US, Major Policies, and Initiatives

5.3 Battery Energy Storage Market, US, Market Size Analysis

Battery Energy Storage Market, US, Market Volume(MW), 2017, 2021, 2026

Battery Energy Storage Market, US, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, US, Market Share by Technology, 2021

5.4 Battery Energy Storage Market, US, Competitive Landscape, 2021

6. Battery Energy Storage Market, Chile

6.1 Battery Energy Storage Market, Chile, Market Overview

6.2 Battery Energy Storage Market, Chile, Key Policies, and Initiatives

6.3 Battery Energy Storage Market, Chile, Market Size Analysis

Battery Energy Storage Market, Chile, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, Chile, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, Chile, Market Share by Technology, 2021

6.4 Battery Energy Storage Market, Chile, Competitive Landscape, 2021

7. Battery Energy Storage Market, Asia-Pacific

7.1 Battery Energy Storage Market, Asia-Pacific, Market Overview

7.2 Battery Energy Storage Market, Asia-Pacific, Market Size Analysis

Battery Energy Storage Market, Asia-Pacific, Market Volume (GW), 2017, 2021, 2026

Battery Energy Storage Market, Asia-Pacific, Market Value ($bn), 2017, 2021, 2026

Battery Energy Storage Market, Asia-Pacific, Market Share by Technology, 2021

7.3 Battery Energy Storage Market, Asia-Pacific, Competitive Landscape, 2021

8. Battery Energy Storage Market, China

8.1 Battery Energy Storage Market, China, Market Overview

8.2 Battery Energy Storage Market, China, Key Policies, and Initiatives

8.3 Battery Energy Storage Market, China, Market Size Analysis

Battery Energy Storage Market, China, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, China, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, China, Market Share by Technology, 2021

8.4 Battery Energy Storage Market, China, Competitive Landscape, 2021

9. Battery Energy Storage Market, India

9.1 Battery Energy Storage Market, India, Market Overview

9.2 Battery Energy Storage Market, India, Key Policies, and Initiatives

9.3 Battery Energy Storage Market, India, Market Size Analysis

Battery Energy Storage Market, India, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, India, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, India, Market Share by Technology, 2021

9.4 Battery Energy Storage Market, India, Competitive Landscape, 2021

10. Battery Energy Storage Market, Japan

10.1 Battery Energy Storage Market, Japan, Market Overview

10.2 Battery Energy Storage Market, Japan, Key Policies, and Initiatives

10.3 Battery Energy Storage Market, Japan, Market Size Analysis

Battery Energy Storage Market, Japan, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, Japan, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, Japan, Market Share by Technology, 2021

10.4 Battery Energy Storage Market, Japan, Competitive Landscape, 2021

11. Battery Energy Storage Market, Australia

11.1 Battery Energy Storage Market, Australia, Market Overview

11.2 Battery Energy Storage Market, Australia, Key Policies, and Initiatives

11.3 Battery Energy Storage Market, Australia, Market Size Analysis

Battery Energy Storage Market, Australia, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, Australia, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, Australia, Market Share by Technology, 2021

11.4 Battery Energy Storage Market, Australia, Competitive Landscape, 2021

12. Battery Energy Storage Market, Republic of Korea

12.1 Battery Energy Storage Market, Republic of Korea, Market Overview

12.2 Battery Energy Storage Market, Republic of Korea, Key Policies, and Initiatives

12.3 Battery Energy Storage Market, Republic of Korea, Market Size Analysis

Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, Republic of Korea, Market Share by Technology, 2021

12.4 Battery Energy Storage Market, Republic of Korea, Competitive Landscape, 2021

13. Energy Storage Market, EMEA

13.1 Battery Energy Storage Market, EMEA, Market Overview

13.2 Battery Energy Storage Market, EMEA, Market Size Analysis

Battery Energy Storage Market, EMEA, Market Volume (GW), 2017, 2021, 2026

Battery Energy Storage Market, EMEA, Market Value ($bn), 2017, 2021, 2026

Battery Energy Storage Market, EMEA, Market Share by Technology, 2021

13.3 Battery Energy Storage Market, EMEA, Competitive Landscape, 2021

14. Battery Energy Storage Market, Germany

14.1 Battery Energy Storage Market, Germany, Market Overview

14.2 Battery Energy Storage Market, Germany, Key Policies, and Initiatives

14.3 Battery Energy Storage Market, Germany, Market Size Analysis

Battery Energy Storage Market, Germany, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, Germany, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, Germany, Market Share by Technology, 2021

14.4 Battery Energy Storage Market, Germany, Competitive Landscape, 2021

15. Battery Energy Storage Market, UK

15.1 Battery Energy Storage Market, UK, Market Overview

15.2 Battery Energy Storage Market, UK, Key Policies, and Initiatives

15.3 Battery Energy Storage Market, UK, Market Size Analysis

Battery Energy Storage Market, UK, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, UK, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, UK, Market Share by Technology, 2021

15.4 Battery Energy Storage Market, UK, Competitive Landscape, 2021

16. Battery Energy Storage Market, France

16.1 Battery Energy Storage Market, France, Market Overview

16.2 Battery Energy Storage Market, France, Key Policies, and Initiatives

16.3 Battery Energy Storage Market, France, Market Size Analysis

Battery Energy Storage Market, France, Market Volume (MW), 2017, 2021, 2026

Battery Energy Storage Market, France, Market Value ($m), 2017, 2021, 2026

Battery Energy Storage Market, France, Market Share by Technology, 2021

16.4 Battery Energy Storage Market, France, Competitive Landscape, 2021

17. Battery Energy Storage Market, Global, Company Profiles

17.1 LG Chem Ltd

17.2 Samsung SDI Co Ltd

17.3 NGK Insulators Ltd

17.4 BYD Co Ltd

17.5 Saft Groupe SA

18. Appendix

18.1 Abbreviations

18.2 Bibliography

18.3 Research Methodology

Primary Research

Secondary Research

Market Estimates and Assumptions

18.4 Contact Us

18.5 Disclaimer

| Contact Us

List of Tables

Table 1: Battery Energy Storage Market, Battery Technology Overview

Table 2: Battery Energy Storage Market, Global, Market Snapshot

Table 3: Battery Energy Storage Market, Global, Analysis of Market Drivers and Restraints

Table 4: Battery Energy Storage Market, Global, Market Volume (GW), 2017, 2021, 2026

Table 5: Battery Energy Storage Market, Global, Market Value ($bn), 2017, 2021, 2026

Table 6: Battery Energy Storage Market, Global, Regional Market Share (%),2017, 2021, 2026

Table 7: Battery Energy Storage Market, Global, Technology Market Share (%), 2021

Table 8: Battery Energy Storage Market, Global, Competitive Landscape, 2021

Table 9: Battery Energy Storage Market, Americas, Market Volume (GW), 2017, 2021, 2026

Table 10: Battery Energy Storage Market, Americas, Market Value ($m), 2017, 2021, 2026

Table 11: Battery Energy Storage Market, Americas, Technology Market Share (%), 2021

Table 12: Battery Energy Storage Market, Americas, Market Share (%), 2021

Table 13: Battery Energy Storage Market, US, Market Snapshot

Table 14: Battery Energy Storage Market, US, Key Policies and Incentives

Table 15: Battery Energy Storage Market, US, Electric Storage Program Targets, 2021

Table 16: Battery Energy Storage Market, US, Market Volume (MW), 2017, 2021, 2026

Table 17: Battery Energy Storage Market, US, Market Value ($m), 2017, 2021, 2026

Table 18: Battery Energy Storage Market, US, Technology Market Share (%), 2021

Table 19: Battery Energy Storage Market, US, Lithium-ion Technology-Based Projects, 2021

Table 20: Battery Energy Storage Market, US, Market Share (%), 2021

Table 21: Battery Energy Storage Market, US, Tenders and Contracts

Table 22: Battery Energy Storage Market, Chile, Market Snapshot

Table 23: Battery Energy Storage Market, Chile, Market Volume (MW), 2017, 2021, 2026

Table 24: Battery Energy Storage Market, Chile, Market Value ($m), 2017, 2021, 2026

Table 25: Battery Energy Storage Market, Chile, Technology Market Share (%), 2021

Table 26: Battery Energy Storage Market, Chile, Lithium-ion Technology-Based Projects, 2021

Table 27: Battery Energy Storage Market, Chile, Market Share (%), 2021

Table 28: Battery Energy Storage Market, Chile, Tenders and Contracts

Table 29: Battery Energy Storage Market, Asia-Pacific, Market Volume (GW), 2017, 2021, 2026

Table 30: Battery Energy Storage Market, Asia-Pacific, Market Value ($bn), 2017, 2021, 2026

Table 31: Battery Energy Storage Market, Asia-Pacific, Technology Market Share (%), 2021

Table 32: Battery Energy Storage Market, Asia-Pacific, Market Share (%), 2021

Table 33: Battery Energy Storage Market, China, Market Snapshot

Table 34: Battery Energy Storage Market, China, Market Volume (MW), 2017, 2021, 2026

Table 35: Battery Energy Storage Market, China, Market Value ($m), 2017, 2021, 2026

Table 36: Battery Energy Storage Market, China, Technology Market Share (%), 2021

Table 37: Battery Energy Storage Market, China, Lithium-ion Technology-Based Projects, 2021

Table 38: Battery Energy Storage Market, China, Market Share (%), 2021

Table 39: Battery Energy Storage Market, China, Tenders and Contracts

Table 40: Battery Energy Storage Market, India, Market Snapshot

Table 41: Battery Energy Storage Market, India, Key Policies, and Initiatives

Table 42: Battery Energy Storage Market, India, Market Volume (MW), 2017, 2021, 2026

Table 43: Battery Energy Storage Market, India, Market Value ($m), 2017, 2021, 2026

Table 44: Battery Energy Storage Market, India, Technology Market Share (%), 2021

Table 45: Battery Energy Storage Market, India, Market Share (%), 2021

Table 46: Battery Energy Storage Market, India, Tenders and Contracts

Table 47: Battery Energy Storage Market, Japan, Market Snapshot

Table 48: Battery Energy Storage Market, Japan, Relevant Regulations and Other Initiatives

Table 49: Battery Energy Storage Market, Japan, Market Volume (MW), 2017, 2021, 2026

Table 50: Battery Energy Storage Market, Japan, Market Value ($m), 2017, 2021, 2026

Table 51: Battery Energy Storage Market, Japan, Technology Market Share (%), 2021

Table 52: Battery Energy Storage Market, Japan, Lithium-ion Technology-Based Projects, 2021

Table 53: Battery Energy Storage Market, Japan, Market Share (%), 2021

Table 54: Battery Energy Storage Market, Japan, Tenders and Contracts

Table 55: Battery Energy Storage Market, Australia, Market Snapshot

Table 56: Battery Energy Storage Market, Australia, Key Policies and Initiatives

Table 57: Battery Energy Storage Market, Australia, Market Volume (MW), 2017, 2021, 2026

Table 58: Battery Energy Storage Market, Australia, Market Value ($m), 2017, 2021, 2026

Table 59: Battery Energy Storage Market, Australia, Technology Market Share (%), 2021

Table 60: Battery Energy Storage Market, Australia, Lithium-ion Technology-Based Projects, 2021

Table 61: Battery Energy Storage Market, Australia, Market Share (%), 2021

Table 62: Battery Energy Storage Market, Australia, Tenders and Contracts

Table 63: Battery Energy Storage Market, Republic of Korea, Market Snapshot

Table 64: Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2017, 2021, 2026

Table 65: Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2017, 2021, 2026

Table 66: Battery Energy Storage Market, Republic of Korea, Technology Market Share (%), 2021

Table 67: Battery Energy Storage Market, Republic of Korea, Market Share (%), 2021

Table 68: Battery Energy Storage Market, EMEA, Market Volume (GW), 2017, 2021, 2026

Table 69: Battery Energy Storage Market, EMEA, Market Value ($m), 2017, 2021, 2026

Table 70: Battery Energy Storage Market, EMEA, Technology Market Share (%), 2021

Table 71: Battery Energy Storage Market, EMEA, Market Share (%), 2021

Table 72: Battery Energy Storage Market, Germany, Market Snapshot

Table 73: Battery Energy Storage Market, Germany, Market Volume (MW), 2017, 2021, 2026

Table 74: Battery Energy Storage Market, Germany, Market Value ($m), 2017, 2021, 2026

Table 75: Battery Energy Storage Market, Germany, Technology Market Share (%), 2021

Table 76: Battery Energy Storage Market, Germany, Lithium-ion Technology-Based Projects, 2021

Table 77: Battery Energy Storage Market, Germany, Market Share (%), 2021

Table 78: Battery Energy Storage Market, Germany, Tenders and Contracts

Table 79: Battery Energy Storage Market, UK, Market Snapshot

Table 80: Battery Energy Storage Market, UK, Market Volume (MW), 2017, 2021, 2026

Table 81: Battery Energy Storage Market, UK, Market Value ($m), 2017, 2021, 2026

Table 82: Battery Energy Storage Market, UK, Technology Market Share (%), 2021

Table 83: Battery Energy Storage Market, UK, Lithium-ion Technology-Based Projects, 2021

Table 84: Battery Energy Storage Market, UK, Market Share (%), 2021

Table 85: Battery Energy Storage Market, UK, Tenders and Contracts

Table 86: Battery Energy Storage Market, France, Market Snapshot

Table 87: Battery Energy Storage Market, France, Support Schemes for Renewables

Table 88: Battery Energy Storage Market, France, Market Volume (MW), 2017, 2021, 2026

Table 89: Battery Energy Storage Market, France, Market Value ($m), 2017, 2021, 2026

Table 90: Battery Energy Storage Market, France, Technology Market Share (%), 2021

Table 91: Battery Energy Storage Market, France, Lithium-ion Technology-Based Projects, 2021

Table 92: Battery Energy Storage Market, France, Market Share (%), 2021

Table 93: Battery Energy Storage Market, LG Chem Ltd

Table 94: Battery Energy Storage Market, Samsung SDI Co Ltd

Table 95: Battery Energy Storage Market, NGK Insulators Ltd

Table 96: Battery Energy Storage Market, BYD Co Ltd

Table 97: Battery Energy Storage Market, Saft Groupe SA

Table 98: Abbreviations

List of Figures

Figure 1: Battery Energy Storage Market, Global, Major Countries Snapshot, Market Value ($bn), 2026

Figure 2: Battery Energy Storage Market, Global, Major Countries Snapshot, Market Volume (GW), 2026

Figure 3: Battery Energy Storage Market, Classification of Energy Storage Technologies

Figure 4: Battery Energy Storage Market, Battery Energy Storage System Layout

Figure 5: Battery Energy Storage Market, Application of Battery Energy Storage System

Figure 6: Battery Energy Storage Market, Cost Breakdown, 2018

Figure 7: Battery Energy Storage Market, Global, Market Volume (GW), 2017, 2021, 2026

Figure 8: Battery Energy Storage Market, Global, Market Value ($bn), 2017, 2021, 2026

Figure 9: Battery Energy Storage Market, Global, Regional Market Share (%), 2017, 2021, 2026

Figure 10: Battery Energy Storage Market, Global, Technology Market Share (%), 2021

Figure 11: Battery Energy Storage Market, Global, Competitive Landscape, 2021

Figure 12: Battery Energy Storage Market, Americas, Market Volume (GW), 2017, 2021, 2026

Figure 13: Battery Energy Storage Market, Americas, Market Value ($m), 2017, 2021, 2026

Figure 14: Battery Energy Storage Market, Americas, Technology Market Share (%), 2021

Figure 15: Battery Energy Storage Market, Americas, Market Share (%), 2021

Figure 16: Battery Energy Storage Market, US, Market Volume (MW), 2017, 2021, 2026

Figure 17: Battery Energy Storage Market, US, Market Value ($m), 2017, 2021, 2026

Figure 18: Battery Energy Storage Market, US, Technology Market Share (%), 2021

Figure 19: Battery Energy Storage Market, US, Market Share (%), 2021

Figure 20: Battery Energy Storage Market, Chile, Market Volume (MW), 2017, 2021, 2026

Figure 21: Battery Energy Storage Market, Chile, Market Value ($m), 2017, 2021, 2026

Figure 22: Battery Energy Storage Market, Chile, Technology Market Share (%), 2021

Figure 23: Battery Energy Storage Market, Chile, Market Share (%), 2021

Figure 24: Battery Energy Storage Market, Asia-Pacific, Market Volume (GW), 2017, 2021, 2026

Figure 25: Battery Energy Storage Market, Asia-Pacific, Market Value ($bn), 2017, 2021, 2026

Figure 26: Battery Energy Storage Market, Asia-Pacific, Technology Market Share (%), 2021

Figure 27: Battery Energy Storage Market, Asia-Pacific, Market Share (%), 2021

Figure 28: Battery Energy Storage Market, China, Market Volume (MW), 2017, 2021, 2026

Figure 29: Battery Energy Storage Market, China, Market Value ($m), 2017, 2021, 2026

Figure 30: Battery Energy Storage Market, China, Technology Market Share (%), 2021

Figure 31: Battery Energy Storage Market, China, Market Share (%), 2021

Figure 32: Battery Energy Storage Market, India, Market Volume (MW), 2017, 2021, 2026

Figure 33: Battery Energy Storage Market, India, Market Value ($m), 2017, 2021, 2026

Figure 34: Battery Energy Storage Market, India, Technology Market Share (%), 2021

Figure 35: Battery Energy Storage Market, India, Market Share (%), 2021

Figure 36: Battery Energy Storage Market, Japan, Market Volume (MW), 2017, 2021, 2026

Figure 37: Battery Energy Storage Market, Japan, Market Value ($m), 2017, 2021, 2026

Figure 38: Battery Energy Storage Market, Japan, Technology Market Share (%), 2021

Figure 39: Battery Energy Storage Market, Japan, Market Share (%), 2021

Figure 40: Battery Energy Storage Market, Australia, Market Volume (MW), 2017, 2021, 2026

Figure 41: Battery Energy Storage Market, Australia, Market Value ($m), 2017, 2021, 2026

Figure 42: Battery Energy Storage Market, Australia, Technology Market Share (%), 2021

Figure 43: Battery Energy Storage Market, Australia, Market Share (%), 2021

Figure 44: Battery Energy Storage Market, Republic of Korea, Market Volume (MW), 2017, 2021, 2026

Figure 45: Battery Energy Storage Market, Republic of Korea, Market Value ($m), 2017, 2021, 2026

Figure 46: Battery Energy Storage Market, Republic of Korea, Technology Market Share (%), 2021

Figure 47: Battery Energy Storage Market, Republic of Korea, Market Share (%), 2021

Figure 48: Battery Energy Storage Market, EMEA, Market Volume (GW), 2017, 2021, 2026

Figure 49: Battery Energy Storage Market, EMEA, Market Value ($bn), 2017, 2021, 2026

Figure 50: Battery Energy Storage Market, EMEA, Technology Market Share (%), 2021

Figure 51: Battery Energy Storage Market, EMEA, Market Share (%), 2021

Figure 52: Battery Energy Storage Market, Germany, Market Volume (MW), 2017, 2021, 2026

Figure 53: Battery Energy Storage Market, Germany, Market Value ($m), 2017, 2021, 2026

Figure 54: Battery Energy Storage Market, Germany, Technology Market Share (%), 2021

Figure 55: Battery Energy Storage Market, Germany, Market Share (%), 2021

Figure 56: Battery Energy Storage Market, UK, Market Volume (MW), 2017, 2021, 2026

Figure 57: Battery Energy Storage Market, UK, Market Value ($m), 2017, 2021, 2026

Figure 58: Battery Energy Storage Market, UK, Technology Market Share (%), 2021

Figure 59: Battery Energy Storage Market, UK, Market Share (%), 202

Figure 60: Battery Energy Storage Market, France, Market Volume (MW), 2017, 2021, 2026

Figure 61: Battery Energy Storage Market, France, Market Value ($m), 2017, 2021, 2026

Figure 62: Battery Energy Storage Market, France, Technology Market Share (%), 2021

Figure 63: Battery Energy Storage Market, France, Market Share (%), 2021

Frequently Asked Questions

The global battery energy storage system market size was $5.28 billion in the year 2021.

 

 

 

 

Americas, APAC, and EMEA are the key regions in the battery energy storage systems market.

The US, Chile, China, India, Japan, Australia, Republic of Korea, Germany, the UK, and France are the key countries in the battery energy storage systems market.

Lithium-ion battery, lithium iron phosphate battery, sodium-based battery, others, lead-acid battery, flow battery, hybrid, and nickel-based battery are the key technologies in the battery energy storage systems market.

Tesla Inc, LG Chem Ltd, Samsung SDI Co Ltd, Fluence Energy Inc, BYD Co Ltd, NGK Insulators Ltd, GS Yuasa Corp, NEC Energy Solutions Inc, Saft Groupe SA, Narada Power Source Co Ltd, Toshiba Corp, and Wartsila Corp are the key competitors in the battery energy storage systems market.

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