2024 Electrification Contractor Survey Data from 1/2023 to 12/2023 For the first time, EnergySage''s annual contractor survey expanded to include professionals operating in solar
In 2023, the commercial and industrial (C&I) energy storage sector saw a significant uptick in installations, marking a pivotal moment with 4.77 gigawatt-hours (GWh) of energy storage capacity added. This surge
The energy storage systems market size is expected to see strong growth in the next few years. It will grow to $379.29 billion in 2029 at a compound annual growth rate (CAGR) of 8.7%. The growth
China market: Pumped Hydro Storage share falls below 50% for the first time. Non-hydro Storage accumulative installations surpass 50GW for the first time. According to
The Department of Energy''s (DOE) Energy Storage Grand Challenge (ESGC) is a comprehensive program to accelerate the development, commercialization, and utilization of next-generation energy storage
The Energy Storage Market size is expected to reach a valuation of USD 85.8 billion in 2033 growing at a CAGR of 6.00%. The Energy Storage Market research report classifies Market by
Not all energy storage technologies and markets could be addressed in this report. Due to the wide array of energy technologies, market niches, and data availability issues, this market
The global battery industry has been gaining momentum over the last few years, and investments in battery storage and power grids surpassed 450 billion U.S. dollars in 2024.
The U.S. energy storage market added more than 2 GW, according to the new U.S. Energy Storage Monitor by Wood Mackenzie and the American Clean Power Association (ACP). Despite much policy
China market: Pumped Hydro Storage share falls below 50% for the first time. Non-hydro Storage accumulative installations surpass 50GW for the first time. According to CNESA DataLink''s Global Energy
The global residential energy storage market size was USD 801.3 million in 2023, and to cross USD 4,240.3 million by 2030, at a CAGR of 27.9% between 2024 and 2030.
The global energy storage market almost tripled in 2023, the largest year-on-year gain on record, and that growth is expected to continue.
The Energy Storage Grand Challenge (ESGC) Energy Storage Market Report 2020 summarizes published literature on the current and projected markets for the global
This Insight is part of the Energy Storage Market Outlook series. Energy storage hit another record year in 2022, adding 16 gigawatts/35 gigawatt-hours of capacity, up 68% from 2021. Beyond
The residential solar energy storage market size exceeded USD 61.5 billion in 2024 and is predicted to showcase about 18.3% CAGR between 2025 and 2034, driven by increasing emphasis on energy efficiency and government
The Energy Storage Market Report 2025 presents a detailed overview of firmographic trends, innovation intensity, and funding activity of the global energy storage sector.
This edition of the Global Energy Review is the first comprehensive depiction of the trends that took place in 2024 across the entire energy sector, covering data for all fuels and technologies, all regions and major countries, and
This trend report provides an in-depth analysis of the ten most critical energy storage trends, from hydrogen and battery storage systems to innovative solid-state and long-duration solutions, as well as the emergence of smart
Share To: A battery energy storage system used for testing purposes at the National Renewable Energy Laboratory (NREL) in Golden, Colorado. Courtesy: Paul Gerke The U.S. energy storage market
2024 Electrification Contractor Survey Data from 1/2023 to 12/2023 For the first time, EnergySage''s annual contractor survey expanded to include professionals operating in solar-adjacent electrification fields, from energy
For the past few years, we''ve published predictions into self-storage industry trends and industry outlooks. With 2025 quickly approaching, we''re due for our next analysis of where the industry stands and where it''s headed.
Discover the Top 10 Wind Energy Industry Trends plus 20 out of 1700+ startups in the field and learn how they impact your business.
Figure 5: Trend of average bid price in energy storage system and EPC (2023.H1, unit: CNY/kWh) About Global Energy Storage Market Tracking Report Global
Fueled by factors such as a significant uptick in wind and solar installations, an expedited process of power market reform, fluctuations in ESS prices, and clearer policies, the global energy storage market is
The global energy storage system market is growing across diverse sectors such as grid storage, renewable energy, EV charging ecosystem, and
A notable trend in battery energy storage systems (BESS) is the integration of early thermal runaway detection and containment mechanisms, which are crucial for preventing and mitigating safety
This information was prepared as an account of work sponsored by an agency of the U.S. Government. Neither the U.S. Government nor any agency thereof, nor any of their employees,
The global mobile energy storage system market size was valued at USD 51.12 billion in 2024. The market is projected to grow from USD 58.28 billion in 2025 to USD 156.16
In 2023, the energy storage industry shifted gears from prosperity to intense competition, giving rise to several focal points. Examining the global energy storage market,
Energy Storage Reports and Data The following resources provide information on a broad range of storage technologies. General U.S. Department of Energy''s Energy Storage Valuation: A
The results reveal steady expansion in the production of energy storage systems (ESS) to ensure consistent energy supply while increasing power grid stability. Amid intensifying global energy demands,
The energy storage industry recorded an annual growth rate of 5.69% with sustained market momentum of innovation, global demand, and clean energy policies. The market is valued at USD 288.97 billion in 2025 and is projected to reach USD 569.39 billion by 2034 with a 7.87% compound annual growth rate (CAGR) for 2025–2034.
Energy storage systems (ESS) in the U.S. was 27.57 GW in 2022 and is expected to reach 67.01 GW by 2030. The market is estimated to grow at a CAGR of 12.4% over the forecast period. The size of the energy storage industry in the U.S. will be driven by rising electrical applications and the adoption of rigorous energy efficiency standards.
In addition, changing consumer lifestyle and a rising number of power outages are projected to propel utilization in the residential sector. Energy storage systems (ESS) in the U.S. was 27.57 GW in 2022 and is expected to reach 67.01 GW by 2030. The market is estimated to grow at a CAGR of 12.4% over the forecast period.
The top investors in the energy storage industry have collectively contributed more than USD 34.1 billion to the sector. Here’s a breakdown of the leading contributors: Rabobank has supported 268 companies with USD 5 billion, supporting the expansion of large-scale energy storage like 420 MWh. KKR has deployed USD 4.4 billion into 11 companies.
The Asia Pacific was the largest segment in 2022 and accounted for more than 46.87% of the overall market share, owing to the presence of fast-growing economies such as China and India.Energy storage devices are critical in applications such as UPS and data centers because this region is prone to frequent power outages.
At the city level, innovation clusters around Shenzhen, London, Melbourne, Sydney, and New York City reflect both established powerhouses and rising players in the energy storage race. The energy storage industry recorded an annual growth rate of 5.69% with sustained market momentum of innovation, global demand, and clean energy policies.
