Global Energy Storage
Market Comprehensive Analysis and Forecast 2025 to 2030

Global Energy Storage Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020-23

Forecast Years: 2025-2030

The Global
Energy Storage Market size is valued at nearly USD 58.41 Billion in 2025 &
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 Global Energy
Storage Market is
going through significant growth due to multiple drivers like technological
advancements and, of course, increasing healthcare needs. The increase in road
accidents throughout the country creates a greater demand for X-rays.

Markntel
Advisor’s Global Energy Storage Market
Insights report provides the current and forecast market analysis, individual
leading companies' market shares, challenges, Global Energy Storage Market
drivers, barriers, Global Energy Storage Market Trends, and Key Players in Global
Energy Storage Market.

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Global Energy Storage Market Dynamics: 2025-2030

Global Energy Storage Market Driver:

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.

Moreover, the
integration of large-scale renewable energy into power grids has introduced
challenges related to grid stability, voltage control, and frequency
regulation. Energy storage systems offer a viable solution by allowing grid
operators to mitigate fluctuations in power generation and consumption, thereby
enhancing grid stability and facilitating the seamless integration of renewables.
As Europe, the Middle East, and the Asia-Pacific region embark on ambitious
renewable energy projects to meet their clean energy targets, the demand for
energy storage systems is expected to witness a notable upswing in the forecast
period.

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Global Energy Storage Market (2025-30): Segmentation
Outlook

The market
report has segmented the market into the following categories:

By Type

-Battery- Market
Size & Forecast 2019-2030, USD Billion

-Lithium-ion
Batteries- Market Size & Forecast 2019-2030, USD Billion

-Lead-acid
Batteries- Market Size & Forecast 2019-2030, USD Billion

-Redox Flow
Batteries- Market Size & Forecast 2019-2030, USD Billion

-Pumped Storage
Hydropower - Market Size & Forecast 2019-2030, USD Billion

-Compressed Air
Energy Storage - Market Size & Forecast 2019-2030, USD Billion

-Gravity-based
Energy Storage - Market Size & Forecast 2019-2030, USD Billion

-Liquid Air
Energy Storage (LAES) - Market Size & Forecast 2019-2030, USD Billion

-Flywheel Energy
Storage (FES) - Market Size & Forecast 2019-2030, USD Billion

By End User

-Residential-
Market Size & Forecast 2019-2030, USD Billion

-Commercial -
Market Size & Forecast 2019-2030, USD Billion

-Utilities-
Market Size & Forecast 2019-2030, USD Billion

By Region

-North America

-South America

-Europe

-The Middle East
& Africa

-Asia-Pacific.

Note - If there are any particular
details you need that are not currently included in the report, we will be
happy to provide them as part of our customization
services.

Top Companies Operating in the Global
Energy Storage Market:

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, Others.

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