Energy Storage Market Size, Share, Trends, and Analysis: 2024-2030

    In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.

    According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.

    According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 112%.

Global Market Research Publisher QYResearch (QY Research) announces the release of its latest report “Energy Storage - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on 2024 market situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Energy Storage market, including market size, market share, market volume, demand, industry development status, and forecasts for the next few years.

The report provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.

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Global Energy Storage Market: Driven factors and Restrictions factors

The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2019 to 2030, as well as the production volume by region during the same period.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Energy Storage market is segmented as below:

By Company

    Duke Energy

    E.ON

    East Penn Manufacturing

    EDF Renewable Energy

    Fluence Energy

    GE Power

    Invenergy

    LG Chem

    Tesla

    ABB

    Johnson Controls

    SolarEdge

    EnerVault

Segment by Type

    Lithium Ion Technology

    Lead Acid Technology

    Sodium Chemistry Technology

    Flow Vanadium Technology

    Flow Zinc Technology

    Others

Segment by Application

    Residential

    Commercial

    Utility

Key Questions Addressed in this Report

• What is the 10-year outlook for the global Safe Deposit Boxes（Safety Deposit Boxes) market?
• What factors are driving Safe Deposit Boxes（Safety Deposit Boxes) market growth, globally and by region?
• Which technologies are poised for the fastest growth by market and region?
• How do Safe Deposit Boxes（Safety Deposit Boxes) market opportunities vary by end market size?
• How does Safe Deposit Boxes（Safety Deposit Boxes) break out by Type, by Application?

Each chapter of the report provides detailed information for readers to further understand the Energy Storage market:

Chapter One: Introduces the study scope of this report, executive summary of market segment by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Energy Storage manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Energy Storage in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.

Table of Contents

1 Energy Storage Market Overview

1.1 Energy Storage Product Overview

1.2 Energy Storage Market by Type

1.3 Global Energy Storage Market Size by Type

1.3.1 Global Energy Storage Market Size Overview by Type (2019-2030)

1.3.2 Global Energy Storage Historic Market Size Review by Type (2019-2024)

1.3.3 Global Energy Storage Forecasted Market Size by Type (2025-2030)

1.4 Key Regions Market Size by Type

1.4.1 North America Energy Storage Sales Breakdown by Type (2019-2024)

1.4.2 Europe Energy Storage Sales Breakdown by Type (2019-2024)

1.4.3 Asia-Pacific Energy Storage Sales Breakdown by Type (2019-2024)

1.4.4 Latin America Energy Storage Sales Breakdown by Type (2019-2024)

1.4.5 Middle East and Africa Energy Storage Sales Breakdown by Type (2019-2024)

2 Energy Storage Market Competition by Company

2.1 Global Top Players by Energy Storage Sales (2019-2024)

2.2 Global Top Players by Energy Storage Revenue (2019-2024)

2.3 Global Top Players by Energy Storage Price (2019-2024)

2.4 Global Top Manufacturers Energy Storage Manufacturing Base Distribution, Sales Area, Product Type 

2.5 Energy Storage Market Competitive Situation and Trends

2.5.1 Energy Storage Market Concentration Rate (2019-2024)

2.5.2 Global 5 and 10 Largest Manufacturers by Energy Storage Sales and Revenue in 2023

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Energy Storage as of 2023)

2.7 Date of Key Manufacturers Enter into Energy Storage Market

2.8 Key Manufacturers Energy Storage Product Offered

2.9 Mergers & Acquisitions, Expansion  

...

Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.

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