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Global Battery Energy Storage System Market Insights, Forecast to 2031

Industry: Machinery & Equipment

Published: 2025-03-13

Pages: 172 Pages

Report ld: 4651318

Description
Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
PDF Download

Description

Valued at US$ 28330 million in 2024, the global Battery Energy Storage System market is forecast to reach US$ 76480 million by 2030, at a CAGR of 18.0% during the forecast period.

Battery Energy Storage Systems, or BESS, are rechargeable batteries that can store energy from different sources and discharge it when needed. BESS consist of one or more batteries and can be used to balance the electric grid, provide backup power and improve grid stability.

Battery Energy Storage System Market Size(US$)

M= millions and B=billions

The Battery Energy Storage System (BESS) market refers to the industry focused on the deployment, development, and operation of systems that store electrical energy using batteries. These systems are crucial for improving grid stability, supporting renewable energy integration, and offering backup power solutions. The increasing reliance on renewable energy sources like wind and solar, which are intermittent, drives the demand for BESS to store excess energy and release it when generation is low. Aging grid infrastructure needs upgrades for better reliability and efficiency, and BESS provides an essential role in stabilizing the grid and balancing supply and demand. With growing concerns over power outages, BESS provides backup energy for homes, businesses, and critical infrastructure. The U.S. is a key player in the BESS market, driven by large-scale renewable energy projects, government policies, and electric vehicle adoption. Countries like Germany, the UK, and Spain are investing heavily in energy storage to complement their renewable energy targets. China and Japan lead the market, with substantial investments in grid stability, renewable energy integration, and energy storage technology. Increasing demand for energy storage due to energy diversification and renewable energy growth. The global BESS market is expected to continue growing rapidly, driven by the need for energy storage solutions that help manage intermittent renewable power and ensure grid stability. With further advancements in battery technology and decreasing costs, energy storage will become more accessible for a wider range of applications, from utility-scale projects to residential use.

In terms of production side, this report researches the Battery Energy Storage System production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Battery Energy Storage System by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Battery Energy Storage System, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Battery Energy Storage System, also provides the consumption of main regions and countries. of the upcoming market potential for Battery Energy Storage System, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Battery Energy Storage System sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Battery Energy Storage System market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Battery Energy Storage System sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including CATL, Samsung SDI, LG, Tesla, Fluence, Great Power, BYD, EVE, Panasonic, Saft Group, etc.

Market Segmentation

Report Metric
Details
Report Title
Global Battery Energy Storage System Market Insights, Forecast to 2031
Forecasted Market Size in 2031
US$ 76480 million
CAGR(2025-2031)
18%
Market Size Available for Years
2020-2031
Global Battery Energy Storage System Companies Covered
CATL, Samsung SDI, LG, Tesla, Fluence, Great Power, BYD, EVE, Panasonic, Saft Group, Pylon Technologies, Hitachi, Kokam, Toshiba, Gotion, CALB, Narada
Global Battery Energy Storage System Market, by Region
North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Battery Energy Storage System Market, Segment by Type
Lithium

Lead Acid

NaS

Other
Global Battery Energy Storage System Market, Segment by Application
Residential

Utility & Commercial
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Battery Energy Storage System production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Battery Energy Storage System in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Battery Energy Storage System manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Battery Energy Storage System sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: 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 15: The main points and conclusions of the report.

Table of Contents

 1 Study Coverage
    1.1 Battery Energy Storage System Product Introduction
    1.2 Market by Type
        1.2.1 Global Battery Energy Storage System Market Size by Type, 2020 VS 2024 VS 2031
        1.2.2 Lithium
        1.2.3 Lead Acid
        1.2.4 NaS
        1.2.5 Other
    1.3 Market by Application
        1.3.1 Global Battery Energy Storage System Market Size by Application, 2020 VS 2024 VS 2031
        1.3.2 Residential
        1.3.3 Utility & Commercial
    1.4 Assumptions and Limitations
    1.5 Study Objectives
    1.6 Years Considered

 2 Global Battery Energy Storage System Production
    2.1 Global Battery Energy Storage System Production Capacity (2020-2031)
    2.2 Global Battery Energy Storage System Production by Region: 2020 VS 2024 VS 2031, Based on Production Site
    2.3 Global Production by Region
        2.3.1 Global Battery Energy Storage System Production by Region (2020-2031)
        2.3.2 Global Battery Energy Storage System Production Market Share by Region (2020-2031)
    2.4 North America
    2.5 South Korea
    2.6 China
    2.7 Japan

 3 Executive Summary
    3.1 Global Battery Energy Storage System Revenue Estimates and Forecasts 2020-2031
    3.2 Global Revenue by Region
        3.2.1 Global Battery Energy Storage System Revenue by Region: 2020 VS 2024 VS 2031
        3.2.2 Global Battery Energy Storage System Revenue by Region (2020-2031)
        3.2.3 Global Battery Energy Storage System Revenue Market Share by Region (2020-2031)
    3.3 Global Battery Energy Storage System Sales Estimates and Forecasts 2020-2031
    3.4 Global Sales by Region
        3.4.1 Global Battery Energy Storage System Sales by Region: 2020 VS 2024 VS 2031
        3.4.2 Global Battery Energy Storage System Sales by Region (2020-2031)
        3.4.3 Global Battery Energy Storage System Sales Market Share by Region (2020-2031)
    3.5 US & Canada
    3.6 Europe
    3.7 China
    3.8 Asia (excluding China)
    3.9 Middle East, Africa and Latin America

 4 Competition by Manufacturers
    4.1 Global Sales by Manufacturers
        4.1.1 Global Battery Energy Storage System Sales by Manufacturers (2020-2025)
        4.1.2 Global Battery Energy Storage System Sales Market Share by Manufacturers (2020-2025)
        4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Battery Energy Storage System in 2024
    4.2 Global Revenue by Manufacturers
        4.2.1 Global Battery Energy Storage System Revenue by Manufacturers (2020-2025)
        4.2.2 Global Battery Energy Storage System Revenue Market Share by Manufacturers (2020-2025)
        4.2.3 Global Top 10 and Top 5 Companies by Battery Energy Storage System Revenue in 2024
    4.3 Global Battery Energy Storage System Sales Price by Manufacturers (2020-2025)
    4.4 Global Key Players of Battery Energy Storage System, Industry Ranking, 2023 VS 2024
    4.5 Analysis of Competitive Landscape
        4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
        4.5.2 Global Battery Energy Storage System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
    4.6 Global Key Manufacturers of Battery Energy Storage System, Manufacturing Base Distribution and Headquarters
    4.7 Global Key Manufacturers of Battery Energy Storage System, Product Offered and Application
    4.8 Global Key Manufacturers of Battery Energy Storage System, Date of Enter into This Industry
    4.9 Mergers & Acquisitions, Expansion Plans

 5 Market Size by Type
    5.1 Global Sales by Type
        5.1.1 Global Battery Energy Storage System Historical Sales by Type (2020-2025)
        5.1.2 Global Battery Energy Storage System Forecasted Sales by Type (2026-2031)
        5.1.3 Global Battery Energy Storage System Sales Market Share by Type (2020-2031)
    5.2 Global Revenue by Type
        5.2.1 Global Battery Energy Storage System Historical Revenue by Type (2020-2025)
        5.2.2 Global Battery Energy Storage System Forecasted Revenue by Type (2026-2031)
        5.2.3 Global Battery Energy Storage System Revenue Market Share by Type (2020-2031)
    5.3 Global Price by Type
        5.3.1 Global Battery Energy Storage System Price by Type (2020-2025)
        5.3.2 Global Battery Energy Storage System Price Forecast by Type (2026-2031)

 6 Market Size by Application
    6.1 Global Sales by Application
        6.1.1 Global Battery Energy Storage System Historical Sales by Application (2020-2025)
        6.1.2 Global Battery Energy Storage System Forecasted Sales by Application (2026-2031)
        6.1.3 Global Battery Energy Storage System Sales Market Share by Application (2020-2031)
    6.2 Global Revenue by Application
        6.2.1 Global Battery Energy Storage System Historical Revenue by Application (2020-2025)
        6.2.2 Global Battery Energy Storage System Forecasted Revenue by Application (2026-2031)
        6.2.3 Global Battery Energy Storage System Revenue Market Share by Application (2020-2031)
    6.3 Global Price by Application
        6.3.1 Global Battery Energy Storage System Price by Application (2020-2025)
        6.3.2 Global Battery Energy Storage System Price Forecast by Application (2026-2031)

 7 US & Canada
    7.1 US & Canada Market Size by Type
        7.1.1 US & Canada Battery Energy Storage System Sales by Type (2020-2031)
        7.1.2 US & Canada Battery Energy Storage System Revenue by Type (2020-2031)
    7.2 US & Canada Market Size by Application
        7.2.1 US & Canada Battery Energy Storage System Sales by Application (2020-2031)
        7.2.2 US & Canada Battery Energy Storage System Revenue by Application (2020-2031)
    7.3 US & Canada Market Size by Country
        7.3.1 US & Canada Battery Energy Storage System Revenue by Country: 2020 VS 2024 VS 2031
        7.3.2 US & Canada Battery Energy Storage System Revenue by Country (2020-2031)
        7.3.3 US & Canada Battery Energy Storage System Sales by Country (2020-2031)
        7.3.4 US
        7.3.5 Canada

 8 Europe
    8.1 Europe Market Size by Type
        8.1.1 Europe Battery Energy Storage System Sales by Type (2020-2031)
        8.1.2 Europe Battery Energy Storage System Revenue by Type (2020-2031)
    8.2 Europe Market Size by Application
        8.2.1 Europe Battery Energy Storage System Sales by Application (2020-2031)
        8.2.2 Europe Battery Energy Storage System Revenue by Application (2020-2031)
    8.3 Europe Market Size by Country
        8.3.1 Europe Battery Energy Storage System Revenue by Country: 2020 VS 2024 VS 2031
        8.3.2 Europe Battery Energy Storage System Sales by Country (2020-2031)
        8.3.3 Europe Battery Energy Storage System Revenue by Country (2020-2031)
        8.3.4 Germany
        8.3.5 France
        8.3.6 U.K.
        8.3.7 Italy
        8.3.8 Russia

 9 China
    9.1 China Market Size by Type
        9.1.1 China Battery Energy Storage System Sales by Type (2020-2031)
        9.1.2 China Battery Energy Storage System Revenue by Type (2020-2031)
    9.2 China Market Size by Application
        9.2.1 China Battery Energy Storage System Sales by Application (2020-2031)
        9.2.2 China Battery Energy Storage System Revenue by Application (2020-2031)

 10 Asia (excluding China)
    10.1 Asia Market Size by Type
        10.1.1 Asia Battery Energy Storage System Sales by Type (2020-2031)
        10.1.2 Asia Battery Energy Storage System Revenue by Type (2020-2031)
    10.2 Asia Market Size by Application
        10.2.1 Asia Battery Energy Storage System Sales by Application (2020-2031)
        10.2.2 Asia Battery Energy Storage System Revenue by Application (2020-2031)
    10.3 Asia Market Size by Region
        10.3.1 Asia Battery Energy Storage System Revenue by Region: 2020 VS 2024 VS 2031
        10.3.2 Asia Battery Energy Storage System Revenue by Region (2020-2031)
        10.3.3 Asia Battery Energy Storage System Sales by Region (2020-2031)
        10.3.4 Japan
        10.3.5 South Korea
        10.3.6 China Taiwan
        10.3.7 Southeast Asia
        10.3.8 India

 11 Middle East, Africa and Latin America
    11.1 Middle East, Africa and Latin America Market Size by Type
        11.1.1 Middle East, Africa and Latin America Battery Energy Storage System Sales by Type (2020-2031)
        11.1.2 Middle East, Africa and Latin America Battery Energy Storage System Revenue by Type (2020-2031)
    11.2 Middle East, Africa and Latin America Market Size by Application
        11.2.1 Middle East, Africa and Latin America Battery Energy Storage System Sales by Application (2020-2031)
        11.2.2 Middle East, Africa and Latin America Battery Energy Storage System Revenue by Application (2020-2031)
    11.3 Middle East, Africa and Latin America Market Size by Country
        11.3.1 Middle East, Africa and Latin America Battery Energy Storage System Revenue by Country: 2020 VS 2024 VS 2031
        11.3.2 Middle East, Africa and Latin America Battery Energy Storage System Revenue by Country (2020-2031)
        11.3.3 Middle East, Africa and Latin America Battery Energy Storage System Sales by Country (2020-2031)
        11.3.4 Brazil
        11.3.5 Mexico
        11.3.6 Turkey
        11.3.7 Israel
        11.3.8 GCC Countries

 12 Corporate Profile
    12.1 CATL
        12.1.1 CATL Corporation Information
        12.1.2 CATL Overview
        12.1.3 CATL Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.1.4 CATL Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.1.5 CATL Recent Developments
    12.2 Samsung SDI
        12.2.1 Samsung SDI Corporation Information
        12.2.2 Samsung SDI Overview
        12.2.3 Samsung SDI Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.2.4 Samsung SDI Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.2.5 Samsung SDI Recent Developments
    12.3 LG
        12.3.1 LG Corporation Information
        12.3.2 LG Overview
        12.3.3 LG Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.3.4 LG Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.3.5 LG Recent Developments
    12.4 Tesla
        12.4.1 Tesla Corporation Information
        12.4.2 Tesla Overview
        12.4.3 Tesla Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.4.4 Tesla Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.4.5 Tesla Recent Developments
    12.5 Fluence
        12.5.1 Fluence Corporation Information
        12.5.2 Fluence Overview
        12.5.3 Fluence Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.5.4 Fluence Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.5.5 Fluence Recent Developments
    12.6 Great Power
        12.6.1 Great Power Corporation Information
        12.6.2 Great Power Overview
        12.6.3 Great Power Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.6.4 Great Power Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.6.5 Great Power Recent Developments
    12.7 BYD
        12.7.1 BYD Corporation Information
        12.7.2 BYD Overview
        12.7.3 BYD Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.7.4 BYD Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.7.5 BYD Recent Developments
    12.8 EVE
        12.8.1 EVE Corporation Information
        12.8.2 EVE Overview
        12.8.3 EVE Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.8.4 EVE Battery Energy Storage System Product Model Numbers, Pictures, Descriptions and Specifications
        12.8.5 EVE Recent Developments
    12.9 Panasonic
        12.9.1 Panasonic Corporation Information
        12.9.2 Panasonic Overview
        12.9.3 Panasonic Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.9.4 Panasonic Product Model Numbers, Pictures, Descriptions and Specifications
        12.9.5 Panasonic Recent Developments
    12.10 Saft Group
        12.10.1 Saft Group Corporation Information
        12.10.2 Saft Group Overview
        12.10.3 Saft Group Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.10.4 Saft Group Product Model Numbers, Pictures, Descriptions and Specifications
        12.10.5 Saft Group Recent Developments
    12.11 Pylon Technologies
        12.11.1 Pylon Technologies Corporation Information
        12.11.2 Pylon Technologies Overview
        12.11.3 Pylon Technologies Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.11.4 Pylon Technologies Product Model Numbers, Pictures, Descriptions and Specifications
        12.11.5 Pylon Technologies Recent Developments
    12.12 Hitachi
        12.12.1 Hitachi Corporation Information
        12.12.2 Hitachi Overview
        12.12.3 Hitachi Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.12.4 Hitachi Product Model Numbers, Pictures, Descriptions and Specifications
        12.12.5 Hitachi Recent Developments
    12.13 Kokam
        12.13.1 Kokam Corporation Information
        12.13.2 Kokam Overview
        12.13.3 Kokam Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.13.4 Kokam Product Model Numbers, Pictures, Descriptions and Specifications
        12.13.5 Kokam Recent Developments
    12.14 Toshiba
        12.14.1 Toshiba Corporation Information
        12.14.2 Toshiba Overview
        12.14.3 Toshiba Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.14.4 Toshiba Product Model Numbers, Pictures, Descriptions and Specifications
        12.14.5 Toshiba Recent Developments
    12.15 Gotion
        12.15.1 Gotion Corporation Information
        12.15.2 Gotion Overview
        12.15.3 Gotion Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.15.4 Gotion Product Model Numbers, Pictures, Descriptions and Specifications
        12.15.5 Gotion Recent Developments
    12.16 CALB
        12.16.1 CALB Corporation Information
        12.16.2 CALB Overview
        12.16.3 CALB Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.16.4 CALB Product Model Numbers, Pictures, Descriptions and Specifications
        12.16.5 CALB Recent Developments
    12.17 Narada
        12.17.1 Narada Corporation Information
        12.17.2 Narada Overview
        12.17.3 Narada Battery Energy Storage System Sales, Price, Revenue and Gross Margin (2020-2025)
        12.17.4 Narada Product Model Numbers, Pictures, Descriptions and Specifications
        12.17.5 Narada Recent Developments

 13 Industry Chain and Sales Channels Analysis
    13.1 Battery Energy Storage System Industry Chain Analysis
    13.2 Battery Energy Storage System Key Raw Materials
        13.2.1 Key Raw Materials
        13.2.2 Raw Materials Key Suppliers
    13.3 Battery Energy Storage System Production Mode & Process
    13.4 Battery Energy Storage System Sales and Marketing
        13.4.1 Battery Energy Storage System Sales Channels
        13.4.2 Battery Energy Storage System Distributors
    13.5 Battery Energy Storage System Customers

 14 Battery Energy Storage System Market Dynamics
    14.1 Battery Energy Storage System Industry Trends
    14.2 Battery Energy Storage System Market Drivers
    14.3 Battery Energy Storage System Market Challenges
    14.4 Battery Energy Storage System Market Restraints

 15 Key Findings in the Global Battery Energy Storage System Study

 16 Appendix
    16.1 Research Methodology
        16.1.1 Methodology/Research Approach
            16.1.1.1 Research Programs/Design
            16.1.1.2 Market Size Estimation
            16.1.1.3 Market Breakdown and Data Triangulation
        16.1.2 Data Source
            16.1.2.1 Secondary Sources
            16.1.2.2 Primary Sources
    16.2 Author Details
    16.3 Disclaimer

Table of Figures

List of Tables
 Table 1. Global Battery Energy Storage System Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Table 2. Key Manufacturers of Lithium
 Table 3. Key Manufacturers of Lead Acid
 Table 4. Key Manufacturers of NaS
 Table 5. Key Manufacturers of Other
 Table 6. Global Battery Energy Storage System Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Table 7. Global Battery Energy Storage System Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (MWh)
 Table 8. Global Production by Region (2020-2031) & (MWh)
 Table 9. Global Production Market Share by Region (2020-2031)
 Table 10. Global Battery Energy Storage System Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 11. Global Revenue by Region (2020-2025) & (US$ Million)
 Table 12. Global Revenue Market Share by Region (2020-2031)
 Table 13. Global Battery Energy Storage System Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (MWh)
 Table 14. Global Battery Energy Storage System Sales by Region (2020-2031) & (MWh)
 Table 15. Global Sales Market Share by Region (2020-2031)
 Table 16. Global Battery Energy Storage System Sales by Manufacturers (2020-2025) & (MWh)
 Table 17. Global Battery Energy Storage System Sales Share by Manufacturers (2020-2025)
 Table 18. Global Battery Energy Storage System Revenue by Manufacturers (2020-2025) & (US$ Million)
 Table 19. Global Battery Energy Storage System Revenue Market Share by Manufacturers (2020-2025)
 Table 20. Battery Energy Storage System Price by Manufacturers (2020-2025) & (USD/kWh)
 Table 21. Global Key Players of Battery Energy Storage System, Industry Ranking, 2023 VS 2024
 Table 22. Global Battery Energy Storage System Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 23. Global Battery Energy Storage System by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Battery Energy Storage System as of 2024)
 Table 24. Global Key Manufacturers of Battery Energy Storage System, Manufacturing Base Distribution and Headquarters
 Table 25. Global Key Manufacturers of Battery Energy Storage System, Product Offered and Application
 Table 26. Global Key Manufacturers of Battery Energy Storage System, Date of Enter into This Industry
 Table 27. Mergers & Acquisitions, Expansion Plans
 Table 28. Global Battery Energy Storage System Sales by Type (2020-2025) & (MWh)
 Table 29. Global Battery Energy Storage System Sales by Type (2026-2031) & (MWh)
 Table 30. Global Sales Share by Type (2020-2031)
 Table 31. Global Battery Energy Storage System Revenue by Type (2020-2025) & (US$ Million)
 Table 32. Global Battery Energy Storage System Revenue by Type (2026-2031) & (US$ Million)
 Table 33. Global Revenue Share by Type (2020-2031)
 Table 34. Battery Energy Storage System Price by Type (2020-2025) & (USD/kWh)
 Table 35. Global Battery Energy Storage System Price Forecast by Type (2026-2031) & (USD/kWh)
 Table 36. Global Battery Energy Storage System Sales by Application (2020-2025) & (MWh)
 Table 37. Global Battery Energy Storage System Sales by Application (2026-2031) & (MWh)
 Table 38. Global Sales Share by Application (2020-2031)
 Table 39. Global Battery Energy Storage System Revenue by Application (2020-2025) & (US$ Million)
 Table 40. Global Battery Energy Storage System Revenue by Application (2026-2031) & (US$ Million)
 Table 41. Global Revenue Share by Application (2020-2031)
 Table 42. Battery Energy Storage System Price by Application (2020-2025) & (USD/kWh)
 Table 43. Global Battery Energy Storage System Price Forecast by Application (2026-2031) & (USD/kWh)
 Table 44. US & Canada Sales by Type (2020-2031) & (MWh)
 Table 45. US & Canada Revenue by Type (2020-2031) & (US$ Million)
 Table 46. US & Canada Sales by Application (2020-2031) & (MWh)
 Table 47. US & Canada Revenue by Application (2020-2031) & (US$ Million)
 Table 48. US & Canada Battery Energy Storage System Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 49. US & Canada Revenue by Country (2020-2031) & (US$ Million)
 Table 50. US & Canada Sales by Country (2020-2031) & (MWh)
 Table 51. Europe Sales by Type (2020-2031) & (MWh)
 Table 52. Europe Revenue by Type (2020-2031) & (US$ Million)
 Table 53. Europe Sales by Application (2020-2031) & (MWh)
 Table 54. Europe Revenue by Application (2020-2031) & (US$ Million)
 Table 55. Europe Battery Energy Storage System Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 56. Europe Sales by Country (2020-2031) & (MWh)
 Table 57. Europe Revenue by Country (2020-2031) & (US$ Million)
 Table 58. China Sales by Type (2020-2031) & (MWh)
 Table 59. China Revenue by Type (2020-2031) & (US$ Million)
 Table 60. China Sales by Application (2020-2031) & (MWh)
 Table 61. China Revenue by Application (2020-2031) & (US$ Million)
 Table 62. Asia Sales by Type (2020-2031) & (MWh)
 Table 63. Asia Revenue by Type (2020-2031) & (US$ Million)
 Table 64. Asia Sales by Application (2020-2031) & (MWh)
 Table 65. Asia Revenue by Application (2020-2031) & (US$ Million)
 Table 66. Asia Battery Energy Storage System Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 67. Asia Revenue by Region (2020-2031) & (US$ Million)
 Table 68. Asia Sales by Region (2020-2031) & (MWh)
 Table 69. Middle East, Africa and Latin America Sales by Type (2020-2031) & (MWh)
 Table 70. Middle East, Africa and Latin America Revenue by Type (2020-2031) & (US$ Million)
 Table 71. Middle East, Africa and Latin America Sales by Application (2020-2031) & (MWh)
 Table 72. Middle East, Africa and Latin America Revenue by Application (2020-2031) & (US$ Million)
 Table 73. Middle East, Africa and Latin America Battery Energy Storage System Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 74. Middle East, Africa and Latin America Revenue by Country (2020-2031) & (US$ Million)
 Table 75. Middle East, Africa and Latin America Sales by Country (2020-2031) & (MWh)
 Table 76. CATL Corporation Information
 Table 77. CATL Description and Major Businesses
 Table 78. CATL Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 79. CATL Product Model Numbers, Pictures, Descriptions and Specifications
 Table 80. CATL Recent Developments
 Table 81. Samsung SDI Corporation Information
 Table 82. Samsung SDI Description and Major Businesses
 Table 83. Samsung SDI Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 84. Samsung SDI Product Model Numbers, Pictures, Descriptions and Specifications
 Table 85. Samsung SDI Recent Developments
 Table 86. LG Corporation Information
 Table 87. LG Description and Major Businesses
 Table 88. LG Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 89. LG Product Model Numbers, Pictures, Descriptions and Specifications
 Table 90. LG Recent Developments
 Table 91. Tesla Corporation Information
 Table 92. Tesla Description and Major Businesses
 Table 93. Tesla Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 94. Tesla Product Model Numbers, Pictures, Descriptions and Specifications
 Table 95. Tesla Recent Developments
 Table 96. Fluence Corporation Information
 Table 97. Fluence Description and Major Businesses
 Table 98. Fluence Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 99. Fluence Product Model Numbers, Pictures, Descriptions and Specifications
 Table 100. Fluence Recent Developments
 Table 101. Great Power Corporation Information
 Table 102. Great Power Description and Major Businesses
 Table 103. Great Power Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 104. Great Power Product Model Numbers, Pictures, Descriptions and Specifications
 Table 105. Great Power Recent Developments
 Table 106. BYD Corporation Information
 Table 107. BYD Description and Major Businesses
 Table 108. BYD Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 109. BYD Product Model Numbers, Pictures, Descriptions and Specifications
 Table 110. BYD Recent Developments
 Table 111. EVE Corporation Information
 Table 112. EVE Description and Major Businesses
 Table 113. EVE Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 114. EVE Product Model Numbers, Pictures, Descriptions and Specifications
 Table 115. EVE Recent Developments
 Table 116. Panasonic Corporation Information
 Table 117. Panasonic Description and Major Businesses
 Table 118. Panasonic Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 119. Panasonic Product Model Numbers, Pictures, Descriptions and Specifications
 Table 120. Panasonic Recent Developments
 Table 121. Saft Group Corporation Information
 Table 122. Saft Group Description and Major Businesses
 Table 123. Saft Group Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 124. Saft Group Product Model Numbers, Pictures, Descriptions and Specifications
 Table 125. Saft Group Recent Developments
 Table 126. Pylon Technologies Corporation Information
 Table 127. Pylon Technologies Description and Major Businesses
 Table 128. Pylon Technologies Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 129. Pylon Technologies Product Model Numbers, Pictures, Descriptions and Specifications
 Table 130. Pylon Technologies Recent Developments
 Table 131. Hitachi Corporation Information
 Table 132. Hitachi Description and Major Businesses
 Table 133. Hitachi Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 134. Hitachi Product Model Numbers, Pictures, Descriptions and Specifications
 Table 135. Hitachi Recent Developments
 Table 136. Kokam Corporation Information
 Table 137. Kokam Description and Major Businesses
 Table 138. Kokam Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 139. Kokam Product Model Numbers, Pictures, Descriptions and Specifications
 Table 140. Kokam Recent Developments
 Table 141. Toshiba Corporation Information
 Table 142. Toshiba Description and Major Businesses
 Table 143. Toshiba Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 144. Toshiba Product Model Numbers, Pictures, Descriptions and Specifications
 Table 145. Toshiba Recent Developments
 Table 146. Gotion Corporation Information
 Table 147. Gotion Description and Major Businesses
 Table 148. Gotion Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 149. Gotion Product Model Numbers, Pictures, Descriptions and Specifications
 Table 150. Gotion Recent Developments
 Table 151. CALB Corporation Information
 Table 152. CALB Description and Major Businesses
 Table 153. CALB Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 154. CALB Product Model Numbers, Pictures, Descriptions and Specifications
 Table 155. CALB Recent Developments
 Table 156. Narada Corporation Information
 Table 157. Narada Description and Major Businesses
 Table 158. Narada Sales (MWh), Revenue (US$ Million), Price (USD/kWh) and Gross Margin (2020-2025)
 Table 159. Narada Product Model Numbers, Pictures, Descriptions and Specifications
 Table 160. Narada Recent Developments
 Table 161. Key Raw Materials Lists
 Table 162. Raw Materials Key Suppliers Lists
 Table 163. Distributors List
 Table 164. Customers List
 Table 165. Market Trends
 Table 166. Market Drivers
 Table 167. Market Challenges
 Table 168. Market Restraints
 Table 169. Research Programs/Design for This Report
 Table 170. Key Data Information from Secondary Sources
 Table 171. Key Data Information from Primary Sources


List of Figures
 Figure 1. Battery Energy Storage System Product Picture
 Figure 2. Global Battery Energy Storage System Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Global Battery Energy Storage System Market Share by Type: 2024 & 2031
 Figure 4. Lithium Product Picture
 Figure 5. Lead Acid Product Picture
 Figure 6. NaS Product Picture
 Figure 7. Other Product Picture
 Figure 8. Global Battery Energy Storage System Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 9. Global Battery Energy Storage System Market Share by Application in 2024 & 2031
 Figure 10. Residential
 Figure 11. Utility & Commercial
 Figure 12. Battery Energy Storage System Report Years Considered
 Figure 13. Global Battery Energy Storage System Capacity, Production and Utilization (2020-2031) & (MWh)
 Figure 14. Global Battery Energy Storage System Production by Region: 2020 VS 2024 VS 2031 (MWh)
 Figure 15. Global Battery Energy Storage System Production Market Share by Region in Percentage: 2024 Versus 2031
 Figure 16. Global Battery Energy Storage System Production Market Share by Region (2020-2031)
 Figure 17. Battery Energy Storage System Production Growth Rate in North America (2020-2031) & (MWh)
 Figure 18. Battery Energy Storage System Production Growth Rate in South Korea (2020-2031) & (MWh)
 Figure 19. Battery Energy Storage System Production Growth Rate in China (2020-2031) & (MWh)
 Figure 20. Battery Energy Storage System Production Growth Rate in Japan (2020-2031) & (MWh)
 Figure 21. Global Battery Energy Storage System Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 22. Global Battery Energy Storage System Revenue 2020-2031 (US$ Million)
 Figure 23. Global Battery Energy Storage System Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 24. Global Battery Energy Storage System Revenue Market Share by Region in Percentage: 2024 Versus 2031
 Figure 25. Global Battery Energy Storage System Revenue Market Share by Region (2020-2031)
 Figure 26. Global Battery Energy Storage System Sales (2020-2031) & (MWh)
 Figure 27. Global Battery Energy Storage System Sales (CAGR) by Region: 2020 VS 2024 VS 2031 (MWh)
 Figure 28. Global Battery Energy Storage System Sales Market Share by Region (2020-2031)
 Figure 29. US & Canada Battery Energy Storage System Sales YoY (2020-2031) & (MWh)
 Figure 30. US & Canada Battery Energy Storage System Revenue YoY (2020-2031) & (US$ Million)
 Figure 31. Europe Battery Energy Storage System Sales YoY (2020-2031) & (MWh)
 Figure 32. Europe Battery Energy Storage System Revenue YoY (2020-2031) & (US$ Million)
 Figure 33. China Battery Energy Storage System Sales YoY (2020-2031) & (MWh)
 Figure 34. China Battery Energy Storage System Revenue YoY (2020-2031) & (US$ Million)
 Figure 35. Asia (excluding China) Battery Energy Storage System Sales YoY (2020-2031) & (MWh)
 Figure 36. Asia (excluding China) Battery Energy Storage System Revenue YoY (2020-2031) & (US$ Million)
 Figure 37. Middle East, Africa and Latin America Battery Energy Storage System Sales YoY (2020-2031) & (MWh)
 Figure 38. Middle East, Africa and Latin America Battery Energy Storage System Revenue YoY (2020-2031) & (US$ Million)
 Figure 39. Global Battery Energy Storage System Sales Share by Manufacturers (2024)
 Figure 40. The Battery Energy Storage System Market Share of Top 10 and Top 5 Largest Manufacturers Around the World in 2024
 Figure 41. Global Battery Energy Storage System Revenue Share by Manufacturers (2024)
 Figure 42. The Top 5 and 10 Largest Manufacturers of Battery Energy Storage System in the World: Market Share by Battery Energy Storage System Revenue in 2024
 Figure 43. Global Battery Energy Storage System Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 44. Global Battery Energy Storage System Sales Market Share by Type (2020-2031)
 Figure 45. Global Battery Energy Storage System Revenue Market Share by Type (2020-2031)
 Figure 46. Global Battery Energy Storage System Sales Market Share by Application (2020-2031)
 Figure 47. Global Battery Energy Storage System Revenue Market Share by Application (2020-2031)
 Figure 48. US & Canada Battery Energy Storage System Sales Market Share by Type (2020-2031)
 Figure 49. US & Canada Battery Energy Storage System Revenue Market Share by Type (2020-2031)
 Figure 50. US & Canada Battery Energy Storage System Sales Market Share by Application (2020-2031)
 Figure 51. US & Canada Battery Energy Storage System Revenue Market Share by Application (2020-2031)
 Figure 52. US & Canada Battery Energy Storage System Revenue Share by Country (2020-2031)
 Figure 53. US & Canada Battery Energy Storage System Sales Share by Country (2020-2031)
 Figure 54. US Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 55. Canada Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 56. Europe Battery Energy Storage System Sales Market Share by Type (2020-2031)
 Figure 57. Europe Battery Energy Storage System Revenue Market Share by Type (2020-2031)
 Figure 58. Europe Battery Energy Storage System Sales Market Share by Application (2020-2031)
 Figure 59. Europe Battery Energy Storage System Revenue Market Share by Application (2020-2031)
 Figure 60. Europe Battery Energy Storage System Sales Share by Country (2020-2031)
 Figure 61. Europe Battery Energy Storage System Revenue Share by Country (2020-2031)
 Figure 62. Germany Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 63. France Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 64. U.K. Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 65. Italy Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 66. Russia Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 67. China Battery Energy Storage System Sales Market Share by Type (2020-2031)
 Figure 68. China Battery Energy Storage System Revenue Market Share by Type (2020-2031)
 Figure 69. China Battery Energy Storage System Sales Market Share by Application (2020-2031)
 Figure 70. China Battery Energy Storage System Revenue Market Share by Application (2020-2031)
 Figure 71. Asia Battery Energy Storage System Sales Market Share by Type (2020-2031)
 Figure 72. Asia Battery Energy Storage System Revenue Market Share by Type (2020-2031)
 Figure 73. Asia Battery Energy Storage System Sales Market Share by Application (2020-2031)
 Figure 74. Asia Battery Energy Storage System Revenue Market Share by Application (2020-2031)
 Figure 75. Asia Battery Energy Storage System Revenue Share by Region (2020-2031)
 Figure 76. Asia Battery Energy Storage System Sales Share by Region (2020-2031)
 Figure 77. Japan Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 78. South Korea Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 79. China Taiwan Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 80. Southeast Asia Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 81. India Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 82. Middle East, Africa and Latin America Battery Energy Storage System Sales Market Share by Type (2020-2031)
 Figure 83. Middle East, Africa and Latin America Battery Energy Storage System Revenue Market Share by Type (2020-2031)
 Figure 84. Middle East, Africa and Latin America Battery Energy Storage System Sales Market Share by Application (2020-2031)
 Figure 85. Middle East, Africa and Latin America Battery Energy Storage System Revenue Market Share by Application (2020-2031)
 Figure 86. Middle East, Africa and Latin America Battery Energy Storage System Revenue Share by Country (2020-2031)
 Figure 87. Middle East, Africa and Latin America Battery Energy Storage System Sales Share by Country (2020-2031)
 Figure 88. Brazil Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 89. Mexico Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 90. Turkey Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 91. Israel Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 92. GCC Countries Battery Energy Storage System Revenue (2020-2031) & (US$ Million)
 Figure 93. Value Chain
 Figure 94. Battery Energy Storage System Production Process
 Figure 95. Channels of Distribution (Direct Vs Distribution)
 Figure 96. Bottom-up and Top-down Approaches for This Report
 Figure 97. Data Triangulation
 Figure 98. Key Executives Interviewed

Description

Valued at US$ 28330 million in 2024, the global Battery Energy Storage System market is forecast to reach US$ 76480 million by 2030, at a CAGR of 18.0% during the forecast period.

Battery Energy Storage Systems, or BESS, are rechargeable batteries that can store energy from different sources and discharge it when needed. BESS consist of one or more batteries and can be used to balance the electric grid, provide backup power and improve grid stability.

Descriptive company profiles of the major global players, including CATL, Samsung SDI, LG, Tesla, Fluence, Great Power, BYD, EVE, Panasonic, Saft Group, etc.

Market Segmentation