Energy Storage System Market
Energy Storage System Market - Global Industry Assessment & Forecast
#
Pages:
150
Base Year:
2022
Jun - 2022
Format:
Report Code:
VMR-1629
Segments Covered
By
Technology Pumped Hydro Storage, Battery Energy Storage, Compressed Air Energy Storage, Flywheel Energy Storage
-
By
End User Residential, Non-Residential, Utilities
-
By
Application Stationary, Transportation
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 205.90 Billion |
 Revenue 2030:
|
USD 375.49 Billion |
 Revenue CAGR
(2023 - 2030): |
7.80% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Energy Storage System Market Segment Analysis
- Energy Storage System Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Energy Storage System End User Outlook (Revenue, USD Million, 2018 - 2030)
- Residential
- Non-Residential
- Utilities
- Energy Storage System Application Outlook (Revenue, USD Million, 2018 - 2030)
- Stationary
- Transportation
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
-
North America Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
-
North America Energy Storage System Market, by Application
- Stationary
- Transportation
- U.S.
- U.S. Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- U.S. Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- U.S. Energy Storage System Market, by Application
- Stationary
- Transportation
- U.S. Energy Storage System Market, by Technology
- Canada
- Canada Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Canada Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Canada Energy Storage System Market, by Application
- Stationary
- Transportation
- Canada Energy Storage System Market, by Technology
-
Mexico
- Mexico Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Mexico Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Mexico Energy Storage System Market, by Application
- Stationary
- Transportation
- Mexico Energy Storage System Market, by Technology
-
North America Energy Storage System Market, by Technology
- Europe
-
Europe Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
-
Europe Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
-
Europe Energy Storage System Market, by Application
- Stationary
- Transportation
- U. K.
- U.K. Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- U.K. Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- U.K. Energy Storage System Market, by Application
- Stationary
- Transportation
- U.K. Energy Storage System Market, by Technology
- France
- France Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- France Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- France Energy Storage System Market, by Application
- Stationary
- Transportation
- France Energy Storage System Market, by Technology
-
Germany
- Germany Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Germany Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Germany Energy Storage System Market, by Application
- Stationary
- Transportation
- Germany Energy Storage System Market, by Technology
-
Italy
- Italy Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Italy Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Italy Energy Storage System Market, by Application
- Stationary
- Transportation
- Italy Energy Storage System Market, by Technology
-
Spain
- Spain Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Spain Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Spain Energy Storage System Market, by Application
- Stationary
- Transportation
- Spain Energy Storage System Market, by Technology
-
Rest of Europe
- Rest of Europe Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Rest of Europe Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Rest of Europe Energy Storage System Market, by Application
- Stationary
- Transportation
- Rest of Europe Energy Storage System Market, by Technology
-
Europe Energy Storage System Market, by Technology
- Asia Pacific
-
Asia Pacific Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
-
Asia Pacific Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
-
Asia Pacific Energy Storage System Market, by Application
- Stationary
- Transportation
- China
- China Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- China Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- China Energy Storage System Market, by Application
- Stationary
- Transportation
- China Energy Storage System Market, by Technology
- Japan
- Japan Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Japan Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Japan Energy Storage System Market, by Application
- Stationary
- Transportation
- Japan Energy Storage System Market, by Technology
-
Germany
- Germany Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Germany Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Germany Energy Storage System Market, by Application
- Stationary
- Transportation
- Germany Energy Storage System Market, by Technology
-
India
- India Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- India Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- India Energy Storage System Market, by Application
- Stationary
- Transportation
- India Energy Storage System Market, by Technology
-
South Korea
- South Korea Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- South Korea Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- South Korea Energy Storage System Market, by Application
- Stationary
- Transportation
- South Korea Energy Storage System Market, by Technology
-
South East Asia
- South East Asia Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- South East Asia Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- South East Asia Energy Storage System Market, by Application
- Stationary
- Transportation
- South East Asia Energy Storage System Market, by Technology
-
Rest of Asia Pacific
- Rest of Asia Pacific Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Rest of Asia Pacific Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Rest of Asia Pacific Energy Storage System Market, by Application
- Stationary
- Transportation
- Rest of Asia Pacific Energy Storage System Market, by Technology
-
Asia Pacific Energy Storage System Market, by Technology
- Latin America
-
Latin America Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
-
Latin America Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
-
Latin America Energy Storage System Market, by Application
- Stationary
- Transportation
- Brazil
- Brazil Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Brazil Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Brazil Energy Storage System Market, by Application
- Stationary
- Transportation
- Brazil Energy Storage System Market, by Technology
- Argentina
- Argentina Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Argentina Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Argentina Energy Storage System Market, by Application
- Stationary
- Transportation
- Argentina Energy Storage System Market, by Technology
-
Rest of Latin America
- Rest of Latin America Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Rest of Latin America Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Rest of Latin America Energy Storage System Market, by Application
- Stationary
- Transportation
- Rest of Latin America Energy Storage System Market, by Technology
-
Latin America Energy Storage System Market, by Technology
- Middle East & Africa
-
Middle East & Africa Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
-
Middle East & Africa Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
-
Middle East & Africa Energy Storage System Market, by Application
- Stationary
- Transportation
- GCC Countries
- GCC Countries Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- GCC Countries Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- GCC Countries Energy Storage System Market, by Application
- Stationary
- Transportation
- GCC Countries Energy Storage System Market, by Technology
- South Africa
- South Africa Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- South Africa Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- South Africa Energy Storage System Market, by Application
- Stationary
- Transportation
- South Africa Energy Storage System Market, by Technology
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Energy Storage System Market, by Technology
- Pumped Hydro Storage
- Battery Energy Storage
- Compressed Air Energy Storage
- Flywheel Energy Storage
- Rest of Middle East & Africa Energy Storage System Market, by End User
- Residential
- Non-Residential
- Utilities
- Rest of Middle East & Africa Energy Storage System Market, by Application
- Stationary
- Transportation
- Rest of Middle East & Africa Energy Storage System Market, by Technology
-
Middle East & Africa Energy Storage System Market, by Technology
- North America
Vantage Market
Research | 06-Jun-2022
FAQ
Frequently Asked Question
What is the global demand for Energy Storage System in terms of revenue?
-
The global Energy Storage System valued at USD 205.90 Billion in 2022 and is expected to reach USD 375.49 Billion in 2030 growing at a CAGR of 7.80%.
Which are the prominent players in the market?
-
The prominent players in the market are Scheider Electric, SMA Solar Technology AG, Exide Industries Ltd., SK Holdings, Autobat SACI, Enerbrax Acumuladores Ltda, Eguana Technologies, Imergy Power Systems., Ionotec Ltd, Tata Power.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Energy Storage System include
- Increasing demand for grid energy storage systems owing to ongoing grid modernization
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Energy Storage System in 2022.
