MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Energy Storage Market Research Report: Forecast (2025–2030). This report provides a detailed assessment of the Energy Storage, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2020–23
• Base Year: 2024
• Forecast Years: 2025–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

Download a FREE PDF Sample of the Report: - https://www.marknteladvisors.com/query/request-sample/global-energy-storage-market.html  (Discover the market potential, platform-specific insights, and key industry trends.)

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Energy Storage Market Outlook

The Global Energy Storage Market size is valued at nearly USD 58.41 Billion in 2024 & is predicted to reach about USD 114.01 Billion by 2030. Along with this, the market is also estimated to grow at a CAGR of around 14.31% during the forecast period, i.e., 2025-30. The market's growth is driven by the increasing support from governments for the adoption of robust & resilient global energy grids. The government initiatives in the energy storage sector are on the rise, underpinned by a surge in policies & regulations. These measures are designed to facilitate the transition from fossil fuels to renewable energy sources, a critical strategy for mitigating climate change & curbing greenhouse gas emissions.

Energy Storage Market Drivers:

Growing Adoption of Renewable Energy Storage – The Energy Storage Market has been significantly propelled by the expanding adoption of renewable energy sources, notably solar & wind, in recent years. The intermittent nature of these renewable sources necessitates the usage of energy storage systems to capture surplus energy during periods of high generation & release it when demand peaks, ensuring a more dependable & consistent supply of renewable energy. The growing prevalence of renewable energy sources, marked by their intermittency & variability, has resulted in a supplemented need for energy storage solutions.

View Full Report (All Data, In One Place): - https://www.marknteladvisors.com/research-library/global-energy-storage-market.html   (Explore in-depth analyses, technological trends, and investment patterns.)

Energy Storage Market Trends:

Emergence of Energy Storage-as-a-Service (ESaaS) Gaining Momentum – In the modern grid, energy storage is predicting a heightened role, driven by a spectrum of emerging business models. Among these, 'Energy Storage as a Service' (ESaaS) is gaining prominence, particularly within the commercial & industrial sectors. This model involves delivering energy storage systems to customers through service agreements, eliminating the need for outright system purchases. ESaaS offers customers access to the benefits of energy storage without the initial financial commitment and the intricacies associated with ownership.

Energy Storage Market Segmentation

The study categorizes the Energy Storage into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Type

• Battery- Market Size & Forecast 2020-2030, USD Billion
  • Lithium-ion Batteries- Market Size & Forecast 2020-2030, USD Billion
  • Lead-acid Batteries- Market Size & Forecast 2020-2030, USD Billion
  • Redox Flow Batteries- Market Size & Forecast 2020-2030, USD Billion
• Pumped Storage Hydropower - Market Size & Forecast 2020-2030, USD Billion
• Compressed Air Energy Storage - Market Size & Forecast 2020-2030, USD Billion
• Gravity-based Energy Storage - Market Size & Forecast 2020-2030, USD Billion
• Liquid Air Energy Storage (LAES) - Market Size & Forecast 2020-2030, USD Billion
• Flywheel Energy Storage (FES) - Market Size & Forecast 2020-2030, USD Billion

By End User

• Residential- Market Size & Forecast 2020-2030, USD Billion
• Commercial - Market Size & Forecast 2020-2030, USD Billion
• Utilities- Market Size & Forecast 2020-2030, USD Billion

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

Talk to Our Industry Analyst:  - https://www.marknteladvisors.com/query/talk-to-our-consultant/global-energy-storage-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Energy Storage Market Worldwide: Players, Analysis & Future Outlook

• Contemporary Amperex Technology Ltd
• NextEra Energy
• Toshiba Corporation
• GS Yuasa Corporation
• Siemens
• ABB
• LG Chem.
• Voith GmbH & Co. KGaA                                       
• Hitachi Energy
• Mitsubishi Electric Corporation
• Tesla
• Samsung SDI
• UniEnergy Technologies, LLC
• General Electric
• ANDRITZ HYDRO GmbH
•  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/global-energy-storage-market.html   

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Energy Storage?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the Energy Storage?
   4. Who are the prominent players in the Energy Storage?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.

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