Global Energy Storage industry to reach USD 135.76 billion by 2025

reogma|Global Energy Storage industry to reach USD 135.76 billion by 2025

The global energy storage industry was valued at USD 59 billion in 2019 and is estimated to reach USD 67.79 billion by the year 2020.

It is expected to grow at the CAGR of  14.9% within the time horizon of 2020-2025 because of growing renewable energy sector, increasing demand for energy, and provision of the financial incentives for energy storage system.

Its market value will reach USD 135.76 billion by the end of the  year 2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

The energy storage system consists of equipment that stores multiple forms of energy for the use at the later needed period. The stored form of energy can be chemical, gravitational potential, electrical potential, electricity, kinetic, and latent energy.

Most commonly, technologies such as pumped hydro storage, compressed air, sodium sulphur, lithium-ion, lead-acid, nickel-cadmium, flywheel, and redox-flow are used in the energy storage system. This storage system is applied in the sector of transport, electronics, air conditioning, grid electricity& power stations, homes, and mills.

Based on the type of storage, the energy storage market is categorized into lithium-ion batteries, lead-acid batteries, and others. As the application of the global energy storage industry is considered, its market consists of mobility, stationary storage, and electronic devices segments.

reogma|Global Energy Storage industry to reach USD 135.76 billion by 2025


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The global energy storage industry was valued at USD 59 billion in 2019 and is estimated to reach USD 67.79 billion by the year 2020. It is expected to grow at the CAGR of  14.9% within the time horizon of 2020-2025 because of growing renewable energy sector, increasing demand for […]
reogma|Global Energy Storage industry to reach USD 135.76 billion by 2025reogma|Global Energy Storage industry to reach USD 135.76 billion by 2025

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