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Energy Storage Market Size, Share Global Analysis Report, 2022 – 2030

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Energy Storage Market Size, Share, Growth Analysis Report By Application (Grid Management and Transportation), By Technology (Electro-Chemical, Pumped Hydro, Thermal, and Electro-Mechanical), By End-User (Utilities, Residential, and Non-Residential), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030

Industry Insights

[217+ Pages Report] According to the report published by Facts Factors, the global energy storage market size was worth around USD 211 billion in 2021 and is predicted to grow to around USD 436 billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.45% between 2022 and 2030. The report analyzes the global energy storage market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the energy storage market.

Global Energy Storage Market

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logoMarket Overview

Energy storage is the process of capturing energy at a given time to be used in the future as per need and requirement. The process helps in confirming that the differences in supply and demand are met at all times. Any device that stores energy is known as a battery or accumulator and there are varying types of devices in the market offering different storage capacities. Certain technologies provide long-term energy storage solutions while some are meant for short time use. Hydroelectric dams are an example of bulk energy storage whereas grid energy storage is the system of using different methods to store energy within an electric grid.

Some common examples of energy storage systems are rechargeable batteries, ice-storage tanks, and hydroelectric dams. Rechargeable batteries store chemical energy which can be readily converted to electric energy as per applications. Hydroelectric dams make use of potential energy by storing energy in reservoir systems and ice-storage tanks use ice at night to meet the peak energy requirement during the day-time. In the current unprecedented times of changing political power dynamics and a shift toward aggressive modernization, and industrialization, the need for energy storage is higher than ever.

logoKey Insights

  • As per the analysis shared by our research analyst, the global energy storage market is estimated to grow annually at a CAGR of around 8.45% over the forecast period (2022-2030)
  • In terms of revenue, the global energy storage market size was valued at around USD 211 billion in 2021 and is projected to reach USD 436 billion, by 2030.
  • The market is projected to grow at a significant rate due to growing tension over constant energy supply in some parts of the world
  • Based on application segmentation, grid management was predicted to show maximum market share in the year 2021
  • Based on end-user segmentation, utilities were the leading user in 2021
  • On the basis of region, North America was the leading revenue generator in 2021

Global Energy Storage Market

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logo Growth Drivers

  • Growing tension over energy supply to propel market demand

The global energy storage market is projected to witness a high CAGR in the coming years due to various factors influencing the constant supply of electricity across the world. There are certain developing countries where the disbalance between the supply and demand of energy for residential or commercial purposes already exists. The countries are from the category of developing or under-developed economies. For instance, 65% of the energy supply in Bangladesh is from natural gas which is registering a high rate of depletion. The country's authorities have to look for alternatives to meet the energy demand of its growing population. Similarly in war-torn countries like Syria, Iraq, and Afghanistan, the electricity supply has been hampered beyond repair.

In the recent Taliban takeover of Afghanistan, the majority of the country’s power grid, transmission, and distribution lines were destroyed. As per estimates, the country has one of the lowest rates of electricity supply. Similarly, one of the major consequences of the Russia-Ukraine war was observed in Europe when Russia cut off the country’s natural gas supply, pushing Europe into one of the worst energy crises the region has witnessed in decades. Such factors are projected to pressurize governments and regulatory bodies to invest in large-scale energy storage systems to deal with the changing energy supply scenario.

logo Restraints

  • Diesel-operated generators to restrict market expansion

Currently, most of the large-scale energy storage systems have to be saved in off-grid infrastructure that is run by diesel generators. Due to the changing oil & gas prices, it becomes difficult for energy-saving service providers to strike a balance between the expense spent on the maintenance of the systems and the supply of energy. With diesel-operated generators, there is the additional concern of its impact on the environment as the rate of emission of greenhouse gasses is extremely high. This is expected to restrict the global market growth in the coming years.

logo Opportunities

  • Increasing investments in infrastructure development to provide growth opportunities

The global energy storage market is anticipated to witness high growth opportunities owing to the increasing investments across nations in infrastructure development. The operational benefits offered by any economy is the benchmark that decides if the nation can be qualified as a developed nation or a developing one. In a bid to emerge as the next superpower, many nations have increased spending on regional infrastructure to support and encourage foreign investment. Uninterrupted energy supply is one of the key factors that can attract international players. In 2022, the Brazilian government invested in around 762 infrastructure-related projects.

logo Challenges

  • Lack of availability of proper transport systems for transportation energy to challenge market growth

The most challenging factor for market players dealing with storage or transportation energy lies in the nonavailability of proper hydro-fueled or battery-electric vehicles. Such situations can cause businesses to lose revenue as well as create disturbances in the global market due to associated inconveniences. Certain types of transportation energy require an arrangement of new infrastructure which is seen in the difference between the demand for battery vehicles and hydrogen-fueled vehicles.

logoSegmentation Analysis

The global energy storage market is segmented based on application, technology, end-user, and region

Based on application, the global market segments are grid management and transportation. In 2021, the global market witnessed the highest growth in the grid management segment owing to the extensive use of energy for various purposes including industrial and residential requirements. The US currently enjoys an installation of a power grid that is over 99% reliable even in extreme situations. Transportation energy may also register a high CAGR due to the increasing demand for electric vehicles influenced by the increase in the number of players, changing consumer preference, and shift toward cleaner sources of energy.

Based on end-user, the global market divisions are utilities, residential, and non-residential. The global market registered the highest growth in the utility segment owing to the high investments in maintaining public infrastructure. Non-residential applications include demand for energy in an industrial or commercial setting which registered high revenue driven by factors like rampant globalization and industrialization. India is currently ranked as the third largest producer and supplier of electricity with an annual demand of 1873 billion units annually.

logoRecent Developments:

  • In December 2022, the member states of European nations gave the much anticipated positive nod to the investment of €602 million that will fund infrastructure projects under Connecting Europe Facility meant for Trans-European Networks for Energy
  • In November 2022, Europe witnessed the launch of the region's biggest battery energy storage system with a capacity of 196MWh installed in the Cottingham region of the UK

logoReport Scope

Report Attribute

Details

Market Size in 2021

USD 211 Billion

Projected Market Size in 2030

USD 436 Billion

CAGR Growth Rate

8.45% CAGR

Base Year

2021

Forecast Years

2022-2030

Key Market Players

Beacon Power LLC, Seeo Inc., SMA Solar Technology AG, Convergent Energy and Power Inc., Exide Industries Ltd., S&C Electric Company., LG Chem., and others.

Key Segment

By Application, Technology, End-User, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

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logo Regional Analysis

  • North America to be led by the US during the projection period

The global energy storage market is anticipated to witness surging growth in North America with the US being at the forefront of the regional growth. The high CAGR is expected to be driven by the technologically advanced infrastructure of the country, further propelled by the growing investments by the government to maintain the country's stronghold on energy generation, supply, and storage systems. In September 2021, the U.S.

The Department of Energy announced the investment of USD 17.9 million to fund research & development work on projects related to the country's long-duration and flow battery systems. The regulatory body announced the funding of an additional USD 9 million to support the Energy Storage for Social Equity Initiative which is estimated to help around 15 frontline and underserved communities. Canadian authorities are working toward developing low-cost and effective energy storage systems.

logo Competitive Analysis

  • Beacon Power LLC 
  • Seeo Inc. 
  • SMA Solar Technology AG 
  • Convergent Energy and Power Inc. 
  • Exide Industries Ltd. 
  • S&C Electric Company. 
  • LG Chem.

The global energy storage market is segmented as follows:

logoBy Application Segment Analysis

  • Grid Management
  • Transportation

logoBy Technology Segment Analysis

  • Electro-Chemical
  • Pumped Hydro
  • Thermal
  • Electro-Mechanical

logoBy End-User Segment Analysis

  • Utilities
  • Residential
  • Non-Residential

logoBy Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Table of Content

  1. Chapter 1. Preface
    1. 1.1 Report Description and Scope
  2. 1.2 Research scope
  3. 1.3 Research methodology
    1. 1.3.1 Market Research Type
    2. 1.3.2 Market research methodology
  4. Chapter 2. Executive Summary
    1. 2.1 Global Energy Storage Market, (2022 - 2030) (USD Billion )
  5. 2.2 Global Energy Storage Market : snapshot
  6. Chapter 3. Global Energy Storage Market - Industry Analysis
    1. 3.1 Energy Storage Market: Market Dynamics
  7. 3.2 Market Drivers
    1. 3.2.1 Growing tension over energy supply to propel market demand
    2. 3.2.2 Driver 2
  8. 3.3 Market Restraints
  9. 3.4 Market Opportunities
  10. 3.5 Market Challenges
  11. 3.6 Porter’s Five Forces Analysis
  12. 3.7 Market Attractiveness Analysis
    1. 3.7.1 Market attractiveness analysis By Application
    2. 3.7.2 Market attractiveness analysis By Technology
    3. 3.7.3 Market attractiveness analysis By End-User
  13. Chapter 4. Global Energy Storage Market- Competitive Landscape
    1. 4.1 Company market share analysis
    2. 4.1.1 Global Energy Storage Market: company market share, 2021
  14. 4.2 Strategic development
    1. 4.2.1 Acquisitions & mergers
    2. 4.2.2 New Product launches
    3. 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
    4. 4.2.4 Research and development and Regional expansion
  15. 4.3 Price trend analysis
  16. Chapter 5. Global Energy Storage Market - Application Analysis
    1. 5.1 Global Energy Storage Market overview: By Application
    2. 5.1.1 Global Energy Storage Market share, By Application, 2021 and 2030
  17. 5.2 Grid Management
    1. 5.2.1 Global Energy Storage Market by Grid Management, 2022 - 2030 (USD Billion )
  18. 5.3 Transportation
    1. 5.3.1 Global Energy Storage Market by Transportation, 2022 - 2030 (USD Billion )
  19. Chapter 6. Global Energy Storage Market - Technology Analysis
    1. 6.1 Global Energy Storage Market overview: By Technology
    2. 6.1.1 Global Energy Storage Market share, By Technology, 2021 and 2030
  20. 6.2 Electro-Chemical
    1. 6.2.1 Global Energy Storage Market by Electro-Chemical, 2022 - 2030 (USD Billion )
  21. 6.3 Pumped Hydro
    1. 6.3.1 Global Energy Storage Market by Pumped Hydro, 2022 - 2030 (USD Billion )
  22. 6.4 Thermal
    1. 6.4.1 Global Energy Storage Market by Thermal, 2022 - 2030 (USD Billion )
  23. 6.5 Electro-Mechanical
    1. 6.5.1 Global Energy Storage Market by Electro-Mechanical, 2022 - 2030 (USD Billion )
  24. Chapter 7. Global Energy Storage Market - End-User Analysis
    1. 7.1 Global Energy Storage Market overview: By End-User
    2. 7.1.1 Global Energy Storage Market share, By End-User, 2021 and 2030
  25. 7.2 Utilities
    1. 7.2.1 Global Energy Storage Market by Utilities, 2022 - 2030 (USD Billion )
  26. 7.3 Residential
    1. 7.3.1 Global Energy Storage Market by Residential, 2022 - 2030 (USD Billion )
  27. 7.4 Non-Residential
    1. 7.4.1 Global Energy Storage Market by Non-Residential, 2022 - 2030 (USD Billion )
  28. Chapter 8. Energy Storage Market - Regional Analysis
    1. 8.1 Global Energy Storage Market Regional Overview
  29. 8.2 Global Energy Storage Market Share, by Region, 2021 & 2030 (USD Billion )
    1. 8.3. North America
    2. 8.3.1 North America Energy Storage Market, 2022 - 2030 (USD Billion )
      1. 8.3.1.1 North America Energy Storage Market, by Country, 2022 - 2030 (USD Billion )
  30. 8.4 North America Energy Storage Market, by Application, 2022 - 2030
    1. 8.4.1 North America Energy Storage Market, by Application, 2022 - 2030 (USD Billion )
  31. 8.5 North America Energy Storage Market, by Technology, 2022 - 2030
    1. 8.5.1 North America Energy Storage Market, by Technology, 2022 - 2030 (USD Billion )
  32. 8.6 North America Energy Storage Market, by End-User, 2022 - 2030
    1. 8.6.1 North America Energy Storage Market, by End-User, 2022 - 2030 (USD Billion )
    2. 8.7. Europe
    3. 8.7.1 Europe Energy Storage Market, 2022 - 2030 (USD Billion )
      1. 8.7.1.1 Europe Energy Storage Market, by Country, 2022 - 2030 (USD Billion )
  33. 8.8 Europe Energy Storage Market, by Application, 2022 - 2030
    1. 8.8.1 Europe Energy Storage Market, by Application, 2022 - 2030 (USD Billion )
  34. 8.9 Europe Energy Storage Market, by Technology, 2022 - 2030
    1. 8.9.1 Europe Energy Storage Market, by Technology, 2022 - 2030 (USD Billion )
  35. 8.10 Europe Energy Storage Market, by End-User, 2022 - 2030
    1. 8.10.1 Europe Energy Storage Market, by End-User, 2022 - 2030 (USD Billion )
    2. 8.11. Asia Pacific
    3. 8.11.1 Asia Pacific Energy Storage Market, 2022 - 2030 (USD Billion )
      1. 8.11.1.1 Asia Pacific Energy Storage Market, by Country, 2022 - 2030 (USD Billion )
  36. 8.12 Asia Pacific Energy Storage Market, by Application, 2022 - 2030
    1. 8.12.1 Asia Pacific Energy Storage Market, by Application, 2022 - 2030 (USD Billion )
  37. 8.13 Asia Pacific Energy Storage Market, by Technology, 2022 - 2030
    1. 8.13.1 Asia Pacific Energy Storage Market, by Technology, 2022 - 2030 (USD Billion )
  38. 8.14 Asia Pacific Energy Storage Market, by End-User, 2022 - 2030
    1. 8.14.1 Asia Pacific Energy Storage Market, by End-User, 2022 - 2030 (USD Billion )
    2. 8.15. Latin America
    3. 8.15.1 Latin America Energy Storage Market, 2022 - 2030 (USD Billion )
      1. 8.15.1.1 Latin America Energy Storage Market, by Country, 2022 - 2030 (USD Billion )
  39. 8.16 Latin America Energy Storage Market, by Application, 2022 - 2030
    1. 8.16.1 Latin America Energy Storage Market, by Application, 2022 - 2030 (USD Billion )
  40. 8.17 Latin America Energy Storage Market, by Technology, 2022 - 2030
    1. 8.17.1 Latin America Energy Storage Market, by Technology, 2022 - 2030 (USD Billion )
  41. 8.18 Latin America Energy Storage Market, by End-User, 2022 - 2030
    1. 8.18.1 Latin America Energy Storage Market, by End-User, 2022 - 2030 (USD Billion )
    2. 8.19. The Middle-East and Africa
    3. 8.19.1 The Middle-East and Africa Energy Storage Market, 2022 - 2030 (USD Billion )
      1. 8.19.1.1 The Middle-East and Africa Energy Storage Market, by Country, 2022 - 2030 (USD Billion )
  42. 8.20 The Middle-East and Africa Energy Storage Market, by Application, 2022 - 2030
    1. 8.20.1 The Middle-East and Africa Energy Storage Market, by Application, 2022 - 2030 (USD Billion )
  43. 8.21 The Middle-East and Africa Energy Storage Market, by Technology, 2022 - 2030
    1. 8.21.1 The Middle-East and Africa Energy Storage Market, by Technology, 2022 - 2030 (USD Billion )
  44. 8.22 The Middle-East and Africa Energy Storage Market, by End-User, 2022 - 2030
    1. 8.22.1 The Middle-East and Africa Energy Storage Market, by End-User, 2022 - 2030 (USD Billion )
  45. Chapter 9. Company Profiles
    1. 9.1 Beacon Power LLC
    2. 9.1.1 Overview
    3. 9.1.2 Financials
    4. 9.1.3 Product Portfolio
    5. 9.1.4 Business Strategy
    6. 9.1.5 Recent Developments
  46. 9.2 Seeo Inc.
    1. 9.2.1 Overview
    2. 9.2.2 Financials
    3. 9.2.3 Product Portfolio
    4. 9.2.4 Business Strategy
    5. 9.2.5 Recent Developments
  47. 9.3 SMA Solar Technology AG
    1. 9.3.1 Overview
    2. 9.3.2 Financials
    3. 9.3.3 Product Portfolio
    4. 9.3.4 Business Strategy
    5. 9.3.5 Recent Developments
  48. 9.4 Convergent Energy and Power Inc.
    1. 9.4.1 Overview
    2. 9.4.2 Financials
    3. 9.4.3 Product Portfolio
    4. 9.4.4 Business Strategy
    5. 9.4.5 Recent Developments
  49. 9.5 Exide Industries Ltd.
    1. 9.5.1 Overview
    2. 9.5.2 Financials
    3. 9.5.3 Product Portfolio
    4. 9.5.4 Business Strategy
    5. 9.5.5 Recent Developments
  50. 9.6 S&C Electric Company.
    1. 9.6.1 Overview
    2. 9.6.2 Financials
    3. 9.6.3 Product Portfolio
    4. 9.6.4 Business Strategy
    5. 9.6.5 Recent Developments
  51. 9.7 LG Chem.
    1. 9.7.1 Overview
    2. 9.7.2 Financials
    3. 9.7.3 Product Portfolio
    4. 9.7.4 Business Strategy
    5. 9.7.5 Recent Developments

    List of Figures

    1. Market research Type 
    2. Market research methodology 
    3. Global Energy Storage Market, 2022 - 2030 (USD Billion ) 
    4. Porter’s Five Forces Analysis 
    5. Global Energy Storage Market attractiveness, By Application 
    6. Global Energy Storage Market attractiveness, By Technology 
    7. Global Energy Storage Market attractiveness, By End-User 
    8. Global Energy Storage Market share by Application, 2022 and 2030 (USD Billion ) 
    9. Global Energy Storage Market by Grid Management, 2022 - 2030 (USD Billion ) 
    10. Global Energy Storage Market by Transportation, 2022 - 2030 (USD Billion ) 
    11. Global Energy Storage Market share by Technology, 2022 and 2030 (USD Billion ) 
    12. Global Energy Storage Market by Electro-Chemical, 2022 - 2030 (USD Billion ) 
    13. Global Energy Storage Market by Pumped Hydro, 2022 - 2030 (USD Billion ) 
    14. Global Energy Storage Market by Thermal, 2022 - 2030 (USD Billion ) 
    15. Global Energy Storage Market by Electro-Mechanical, 2022 - 2030 (USD Billion ) 
    16. Global Energy Storage Market share by End-User, 2022 and 2030 (USD Billion ) 
    17. Global Energy Storage Market by Utilities, 2022 - 2030 (USD Billion ) 
    18. Global Energy Storage Market by Residential, 2022 - 2030 (USD Billion ) 
    19. Global Energy Storage Market by Non-Residential, 2022 - 2030 (USD Billion ) 
    20. Global Energy Storage Market share, by Region, 2022 and 2030 
    21. North America Energy Storage Market, 2022 - 2030 (USD Billion ) 
    22. Europe Energy Storage Market, 2022 - 2030 (USD Billion ) 
    23. Asia Pacific Energy Storage Market, 2022 - 2030 (USD Billion ) 
    24. Latin America Energy Storage Market, 2022 - 2030 (USD Billion ) 
    25. The Middle-East and Africa Energy Storage Market, 2022 - 2030 (USD Billion ) 
    

    List of Tables

    1. Global Energy Storage Market: Snapshot 
    2. Drivers of the Energy Storage Market: impact analysis 
    3. North America Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    4. North America Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    5. North America Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    6. U.S. Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    7. U.S. Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    8. U.S. Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    9. Canada Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    10. Canada Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    11. Canada Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    12. Europe Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    13. Europe Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    14. Europe Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    15. Germany Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    16. Germany Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    17. Germany Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    18. France Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    19. France Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    20. France Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    21. U.K. Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    22. U.K. Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    23. U.K. Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    24. Italy Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    25. Italy Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    26. Italy Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    27. Spain Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    28. Spain Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    29. Spain Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    30. Rest of Europe Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    31. Rest of Europe Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    32. Rest of Europe Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    33. Asia Pacific Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    34. Asia Pacific Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    35. Asia Pacific Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    36. China Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    37. China Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    38. China Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    39. Japan Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    40. Japan Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    41. Japan Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    42. India Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    43. India Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    44. India Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    45. South Korea Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    46. South Korea Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    47. South Korea Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    48. South-East Asia Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    49. South-East Asia Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    50. South-East Asia Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    51. Rest of Asia Pacific Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    52. Rest of Asia Pacific Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    53. Rest of Asia Pacific Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    54. Latin America Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    55. Latin America Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    56. Latin America Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    57. Brazil Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    58. Brazil Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    59. Brazil Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    60. Mexico Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    61. Mexico Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    62. Mexico Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    63. Rest of Latin America Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    64. Rest of Latin America Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    65. Rest of Latin America Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    66. The Middle-East and Africa Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    67. The Middle-East and Africa Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    68. The Middle-East and Africa Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    69. GCC Countries Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    70. GCC Countries Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    71. GCC Countries Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    72. South Africa Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    73. South Africa Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    74. South Africa Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    75. Rest of Middle-East Africa Energy Storage Market revenue, By Application, 2022 - 2030 (USD Billion ) 
    76. Rest of Middle-East Africa Energy Storage Market revenue, By Technology, 2022 - 2030 (USD Billion ) 
    77. Rest of Middle-East Africa Energy Storage Market revenue, By End-User, 2022 - 2030 (USD Billion ) 
    

Industry Major Market Players

  • Beacon Power LLC 
  • Seeo Inc. 
  • SMA Solar Technology AG 
  • Convergent Energy and Power Inc. 
  • Exide Industries Ltd. 
  • S&C Electric Company. 
  • LG Chem.