Energy Storage Systems Market Size, Share, Growth, Trends, Forecast, 2025 - 2032

Table of Content

1. Executive Summary
   1. Global Energy Storage Systems Snapshot 2025 and 2032
   2. Market Opportunity Assessment, 2025-2032, US$ Mn
   3. Key Market Trends
   4. Industry Developments and Key Market Events
   5. Demand Side and Supply Side Analysis
   6. PMR Analysis and Recommendations
2. Market Overview
   1. Market Scope and Definitions
   2. Value Chain Analysis
   3. Macro-Economic Factors
      1. Global GDP Outlook
      2. Global Economic Growth
      3. Energy Transition and Decarbonization Policies
      4. Trade Policies and Regional Incentives
   4. Forecast Factors - Relevance and Impact
   5. COVID-19 Impact Assessment
   6. PESTLE Analysis
   7. Porter's Five Forces Analysis
   8. Geopolitical Tensions: Market Impact
   9. Regulatory and Technology Landscape
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Trends
4. Price Trend Analysis, 2019 - 2032
   1. Region-wise Price Analysis
   2. Price by Segments
   3. Price Impact Factors
5. Global Energy Storage Systems Outlook:
   1. Key Highlights
   2. Global Energy Storage Systems Outlook: Technology
      1. Introduction/Key Findings
      2. Historical Market Size (US$ Mn) Analysis by Technology, 2019-2024
      3. Current Market Size (US$ Mn) Analysis and Forecast, by Technology, 2025-2032
         1. Mechanical Energy Storage
            1. Pumped Hydro Storage (PHS)
            2. Compressed Air Energy Storage (CAES)
            3. Flywheel Energy Storage
         2. Electrochemical Energy Storage
            1. Lithium-ion Batteries
            2. Lead-Acid Batteries
            3. Flow Batteries
            4. Others
         3. Thermal Energy Storage
            1. Sensible Heat Storage
            2. Latent Heat Storage
            3. Thermochemical Storage
         4. Chemical Energy Storage
      4. Market Attractiveness Analysis: Technology
   3. Global Energy Storage Systems Outlook: Power Rating
      1. Introduction/Key Findings
      2. Historical Market Size (US$ Mn) Analysis by Power Rating, 2019-2024
      3. Current Market Size (US$ Mn) Analysis and Forecast, by Power Rating, 2025-2032
         1. Below 100 kW
         2. 100 kW - 1 MW
         3. 1 MW - 10 MW
         4. Above 10 MW
         5. Radar and Aerospace Technologies
      4. Market Attractiveness Analysis: Power Rating
   4. Global Energy Storage Systems Outlook: Application
      1. Introduction/Key Findings
      2. Historical Market Size (US$ Mn) Analysis by Application, 2019-2024
      3. Current Market Size (US$ Mn) Analysis and Forecast, by Application, 2025-2032
         1. Home Battery
         2. Grid-scale
         3. UPS
         4. Others
      4. Market Attractiveness Analysis: Application
   5. Global Energy Storage Systems Outlook: End User
      1. Introduction/Key Findings
      2. Historical Market Size (US$ Mn) Analysis by End User, 2019-2024
      3. Current Market Size (US$ Mn) Analysis and Forecast, by End User, 2025-2032
         1. Utilities
         2. Residential
         3. Commercial
         4. Data Centers
         5. IT/Telecommunications
         6. Military & Defense
         7. Transportation
         8. Others
      4. Market Attractiveness Analysis: End User
6. Global Energy Storage Systems Outlook: Region
   1. Key Highlights
   2. Historical Market Size (US$ Mn) Analysis by Region, 2019-2024
   3. Current Market Size (US$ Mn) Analysis and Forecast, by Region, 2025-2032
      1. North America
      2. Europe
      3. East Asia
      4. South Asia & Oceania
      5. Latin America
      6. Middle East & Africa
   4. Market Attractiveness Analysis: Region
7. North America Energy Storage Systems Outlook:
   1. Key Highlights
   2. Pricing Analysis
   3. North America Market Size (US$ Mn) Analysis and Forecast, by Country, 2025-2032
      1. U.S.
      2. Canada
   4. North America Market Size (US$ Mn) Analysis and Forecast, by Technology, 2025-2032
      1. Mechanical Energy Storage
         1. Pumped Hydro Storage (PHS)
         2. Compressed Air Energy Storage (CAES)
         3. Flywheel Energy Storage
      2. Electrochemical Energy Storage
         1. Lithium-ion Batteries
         2. Lead-Acid Batteries
         3. Flow Batteries
         4. Others
      3. Thermal Energy Storage
         1. Sensible Heat Storage
         2. Latent Heat Storage
         3. Thermochemical Storage
      4. Chemical Energy Storage
   5. North America Market Size (US$ Mn) Analysis and Forecast, by Power Rating, 2025-2032
      1. Below 100 kW
      2. 100 kW - 1 MW
      3. 1 MW - 10 MW
      4. Above 10 MW
      5. Radar and Aerospace Technologies
   6. North America Market Size (US$ Mn) Analysis and Forecast, by Application, 2025-2032
      1. Home Battery
      2. Grid-scale
      3. UPS
      4. Others
   7. North America Market Size (US$ Mn) Analysis and Forecast, by End User, 2025-2032
      1. Utilities
      2. Residential
      3. Commercial
      4. Data Centers
      5. IT/Telecommunications
      6. Military & Defense
      7. Transportation
      8. Others
8. Europe Energy Storage Systems Outlook:
   1. Key Highlights
   2. Pricing Analysis
   3. Europe Market Size (US$ Mn) Analysis and Forecast, by Country, 2025-2032
      1. Germany
      2. Italy
      3. France
      4. U.K.
      5. Spain
      6. Russia
      7. Rest of Europe
   4. Europe Market Size (US$ Mn) Analysis and Forecast, by Technology, 2025-2032
      1. Mechanical Energy Storage
         1. Pumped Hydro Storage (PHS)
         2. Compressed Air Energy Storage (CAES)
         3. Flywheel Energy Storage
      2. Electrochemical Energy Storage
         1. Lithium-ion Batteries
         2. Lead-Acid Batteries
         3. Flow Batteries
         4. Others
      3. Thermal Energy Storage
         1. Sensible Heat Storage
         2. Latent Heat Storage
         3. Thermochemical Storage
      4. Chemical Energy Storage
   5. Europe Market Size (US$ Mn) Analysis and Forecast, by Power Rating, 2025-2032
      1. Below 100 kW
      2. 100 kW - 1 MW
      3. 1 MW - 10 MW
      4. Above 10 MW
      5. Radar and Aerospace Technologies
   6. Europe Market Size (US$ Mn) Analysis and Forecast, by Application, 2025-2032
      1. Home Battery
      2. Grid-scale
      3. UPS
      4. Others
   7. Europe Market Size (US$ Mn) Analysis and Forecast, by End User, 2025-2032
      1. Utilities
      2. Residential
      3. Commercial
      4. Data Centers
      5. IT/Telecommunications
      6. Military & Defense
      7. Transportation
      8. Others
9. East Asia Energy Storage Systems Outlook:
   1. Key Highlights
   2. Pricing Analysis
   3. East Asia Market Size (US$ Mn) Analysis and Forecast, by Country, 2025-2032
      1. China
      2. Japan
      3. South Korea
   4. East Asia Market Size (US$ Mn) Analysis and Forecast, by Technology, 2025-2032
      1. Mechanical Energy Storage
         1. Pumped Hydro Storage (PHS)
         2. Compressed Air Energy Storage (CAES)
         3. Flywheel Energy Storage
      2. Electrochemical Energy Storage
         1. Lithium-ion Batteries
         2. Lead-Acid Batteries
         3. Flow Batteries
         4. Others
      3. Thermal Energy Storage
         1. Sensible Heat Storage
         2. Latent Heat Storage
         3. Thermochemical Storage
      4. Chemical Energy Storage
   5. East Asia Market Size (US$ Mn) Analysis and Forecast, by Power Rating, 2025-2032
      1. Below 100 kW
      2. 100 kW - 1 MW
      3. 1 MW - 10 MW
      4. Above 10 MW
      5. Radar and Aerospace Technologies
   6. East Asia Market Size (US$ Mn) Analysis and Forecast, by Application, 2025-2032
      1. Home Battery
      2. Grid-scale
      3. UPS
      4. Others
   7. East Asia Market Size (US$ Mn) Analysis and Forecast, by End User, 2025-2032
      1. Utilities
      2. Residential
      3. Commercial
      4. Data Centers
      5. IT/Telecommunications
      6. Military & Defense
      7. Transportation
      8. Others
10. South Asia & Oceania Energy Storage Systems Outlook:
    1. Key Highlights
    2. Pricing Analysis
    3. South Asia & Oceania Market Size (US$ Mn) Analysis and Forecast, by Country, 2025-2032
       1. India
       2. Southeast Asia
       3. ANZ
       4. Rest of SAO
    4. South Asia & Oceania Market Size (US$ Mn) Analysis and Forecast, by Technology, 2025-2032
       1. Mechanical Energy Storage
          1. Pumped Hydro Storage (PHS)
          2. Compressed Air Energy Storage (CAES)
          3. Flywheel Energy Storage
       2. Electrochemical Energy Storage
          1. Lithium-ion Batteries
          2. Lead-Acid Batteries
          3. Flow Batteries
          4. Others
       3. Thermal Energy Storage
          1. Sensible Heat Storage
          2. Latent Heat Storage
          3. Thermochemical Storage
       4. Chemical Energy Storage
    5. South Asia & Oceania Market Size (US$ Mn) Analysis and Forecast, by Power Rating, 2025-2032
       1. Below 100 kW
       2. 100 kW - 1 MW
       3. 1 MW - 10 MW
       4. Above 10 MW
       5. Radar and Aerospace Technologies
    6. South Asia & Oceania Market Size (US$ Mn) Analysis and Forecast, by Application, 2025-2032
       1. Home Battery
       2. Grid-scale
       3. UPS
       4. Others
    7. South Asia & Oceania Market Size (US$ Mn) Analysis and Forecast, by End User, 2025-2032
       1. Utilities
       2. Residential
       3. Commercial
       4. Data Centers
       5. IT/Telecommunications
       6. Military & Defense
       7. Transportation
       8. Others
11. Latin America Energy Storage Systems Outlook:
    1. Key Highlights
    2. Pricing Analysis
    3. Latin America Market Size (US$ Mn) Analysis and Forecast, by Country, 2025-2032
       1. Brazil
       2. Mexico
       3. Rest of LATAM
    4. Latin America Market Size (US$ Mn) Analysis and Forecast, by Technology, 2025-2032
       1. Mechanical Energy Storage
          1. Pumped Hydro Storage (PHS)
          2. Compressed Air Energy Storage (CAES)
          3. Flywheel Energy Storage
       2. Electrochemical Energy Storage
          1. Lithium-ion Batteries
          2. Lead-Acid Batteries
          3. Flow Batteries
          4. Others
       3. Thermal Energy Storage
          1. Sensible Heat Storage
          2. Latent Heat Storage
          3. Thermochemical Storage
       4. Chemical Energy Storage
    5. Latin America Market Size (US$ Mn) Analysis and Forecast, by Power Rating, 2025-2032
       1. Below 100 kW
       2. 100 kW - 1 MW
       3. 1 MW - 10 MW
       4. Above 10 MW
       5. Radar and Aerospace Technologies
    6. Latin America Market Size (US$ Mn) Analysis and Forecast, by Application, 2025-2032
       1. Home Battery
       2. Grid-scale
       3. UPS
       4. Others
    7. Latin America Market Size (US$ Mn) Analysis and Forecast, by End User, 2025-2032
       1. Utilities
       2. Residential
       3. Commercial
       4. Data Centers
       5. IT/Telecommunications
       6. Military & Defense
       7. Transportation
       8. Others
12. Middle East & Africa Energy Storage Systems Outlook:
    1. Key Highlights
    2. Pricing Analysis
    3. Middle East & Africa Market Size (US$ Mn) Analysis and Forecast, by Country, 2025-2032
       1. GCC Countries
       2. South Africa
       3. Northern Africa
       4. Rest of MEA
    4. Middle East & Africa Market Size (US$ Mn) Analysis and Forecast, by Technology, 2025-2032
       1. Mechanical Energy Storage
          1. Pumped Hydro Storage (PHS)
          2. Compressed Air Energy Storage (CAES)
          3. Flywheel Energy Storage
       2. Electrochemical Energy Storage
          1. Lithium-ion Batteries
          2. Lead-Acid Batteries
          3. Flow Batteries
          4. Others
       3. Thermal Energy Storage
          1. Sensible Heat Storage
          2. Latent Heat Storage
          3. Thermochemical Storage
       4. Chemical Energy Storage
    5. Middle East & Africa Market Size (US$ Mn) Analysis and Forecast, by Power Rating, 2025-2032
       1. Below 100 kW
       2. 100 kW - 1 MW
       3. 1 MW - 10 MW
       4. Above 10 MW
       5. Radar and Aerospace Technologies
    6. Middle East & Africa Market Size (US$ Mn) Analysis and Forecast, by Application, 2025-2032
       1. Home Battery
       2. Grid-scale
       3. UPS
       4. Others
    7. Middle East & Africa Market Size (US$ Mn) Analysis and Forecast, by End User, 2025-2032
       1. Utilities
       2. Residential
       3. Commercial
       4. Data Centers
       5. IT/Telecommunications
       6. Military & Defense
       7. Transportation
       8. Others
13. Competition Landscape
    1. Market Share Analysis, 2024
    2. Market Structure
       1. Competition Intensity Mapping
       2. Competition Dashboard
    3. Company Profiles
       1. Tesla, Inc.
          1. Company Overview
          2. Product Portfolio/Offerings
          3. Key Financials
          4. SWOT Analysis
          5. Company Strategy and Key Developments
       2. LG Energy Solution
       3. Panasonic Corporation
       4. Samsung SDI Co., Ltd.
       5. BYD Company Limited
       6. Contemporary Amperex Technology Co. Limited (CATL)
       7. Fluence Energy, Inc.
       8. Siemens Energy AG
       9. ABB Ltd.
       10. Hitachi Energy Ltd.
       11. General Electric (GE)
       12. Saft Groupe S.A.
       13. Mitsubishi Power
       14. EVE Energy Co., Ltd.
       15. VARTA AG
14. Appendix
    1. Research Methodology
    2. Research Assumptions
    3. Acronyms and Abbreviations