Table of Content

Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Key Takeaways

Chapter 2 Market Overview
Overview
Benefits of Grid-Scale Electricity Storage Technologies
Components of Battery Electricity Storage Technologies
Batteries
Power Conversion Systems
Battery Management System (BMS)
Value Chain Analysis
Extraction of Raw Materials
Processing Raw Materials
Component Production
Product Assembly/System Manufacturing
Systems Integration
Recycling/Reuse and Disposal
Comparative Life Cycle Assessment
Regulatory Framework
Global Grid-Scale Battery Storage Metrics
Pricing Analysis

Chapter 3 Market Dynamics
Market Dynamics
Market Drivers
Integration of Battery Storage in Renewable Energy Sector
Shift in Investment in Energy Storage Technologies
Grid Modernization
Market Restraints
High Initial Costs and Lack of Economic Feasibility
Technological Limitations and Limited Energy Capacity
Market Opportunities
Growing Prevalence of Virtual Power Plants
Falling Battery Prices
Supportive Government Regulations
Market Challenges
Manufacturing Limitations with Energy Storage Technologies
Lack of Grid Compatibility

Chapter 4 Emerging Technologies and Developments
Overview
Trends in Grid-Scale Electricity Storage Technologies
Virtual Power Plants
Second-Life Batteries for Energy Storage
Hybrid Energy Storage Solutions
Integrating Electricity Storage Technologies with Smart Grids
Emerging Technologies
Advanced Lithium-Ion Batteries
Solid-State Batteries
Zinc-based Batteries
Iron Flow Batteries
Iron-air Batteries
Graphene Batteries
Enhanced Redox Flow Batteries
Patent Analysis
Key Takeaways

Chapter 5 Market Segmentation Analysis
Segmentation Breakdown
Market Analysis by Technology
Lithium-Ion Batteries
Lead-Acid Batteries
Flow Batteries
Sodium-Ion Batteries
Other Batteries
Market Analysis by Type
Utility-Scale
Behind-the-Meter
Market Analysis by Application
Energy Shifting and Capacity Provision
Ancillary Services
Congestion Management
Behind-the-Meter Commercial
Behind-the-Meter Industrial
Manufacturing and Heavy Industry
Mining
Data Centers
Agriculture
Other Applications
Geographic Breakdown
Market Analysis by Region
North America
Europe
Asia-Pacific
Rest of the World

Chapter 6 Competitive Intelligence
Overview
Company Market Share Analysis
Strategic Analysis

Chapter 7 Sustainability in the Grid-Scale Electricity Storage Technologies Market: An ESG Perspective
ESG in the Grid-Scale Electricity Storage Industry
Sustainability Trends in the Industry
ESG Practices in the Industry
Status of ESG
ESG Score Analysis
Risk Scale, Exposure Scale and Management Scale
Risk Scale
Exposure Scale
Management Scale
Future of ESG: Emerging Trends and Opportunities

Chapter 8 Appendix
Methodology
References
Abbreviations
Company Profiles
BEIJING HYPERSTRONG TECHNOLOGY CO. LTD.
BYD CO. LTD.
CALB
CONTEMPORARY AMPEREX TECHNOLOGY CO. LTD.
CRRC
ENVISION GROUP
FLUENCE
GOTION
LG ENERGY SOLUTION
NIDEC CORP.
PANASONIC ENERGY CO. LTD.
SAMSUNG SDI
SUNGROW
TESLA
XYZ STORAGE TECHNOLOGY CORP. LTD.



List of Figures

Summary Figure : Share of Global Grid-Scale Electricity Storage Technologies Market, by Region, 2023
Figure 1 : Value Chain of Grid-Scale Electricity Storage Technologies
Figure 2 : Annual Grid-Scale Battery Storage Additions, by Country/Region, 2021 and 2022
Figure 3 : Trends in Lithium-ion Combined Battery Pack and Cell Prices, 2021–2024
Figure 4 : Grid-Scale Electricity Storage Technologies Market Dynamics
Figure 5 : Growth in Renewable Electricity Capacity, by Country or Region, 2017–2023 and 2024–2030
Figure 6 : Global Annual Investment in Solar PV, 2021–2024
Figure 7 : Global Investments in Power Grids and Storage, 2022–2024
Figure 8 : Emerging Grid-Scale Electricity Storage Technologies
Figure 9 : Share of Global Grid-Scale Electricity Storage Technologies Market, by Technology, 2023
Figure 10 : Share of Global Grid-Scale Electricity Storage Technologies Market for LIBs, by Region, 2023
Figure 11 : Share of Global Grid-Scale Electricity Storage Technologies Market for Lead-Acid Batteries, by Region, 2023
Figure 12 : Share of Global Grid-Scale Electricity Storage Technologies Market for Flow Batteries, by Region, 2023
Figure 13 : Share of Global Grid-Scale Electricity Storage Technologies Market for Sodium-Ion Batteries, by Region, 2023
Figure 14 : Share of Global Grid-Scale Electricity Storage Technologies Market for Other Batteries, by Region, 2023
Figure 15 : Share of Global Grid-Scale Electricity Storage Technologies Market, by Type, 2023
Figure 16 : Share of Global Grid-Scale Electricity Storage Technologies Market for Utility-Scale, by Region, 2023
Figure 17 : Share of Global Grid-Scale Electricity Storage Technologies Market for BTM, by Region, 2023
Figure 18 : Share of Global Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, 2023
Figure 19 : Share of Global Grid-Scale Electricity Storage Technologies Market, by BTM Application, 2023
Figure 20 : Share of Global Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, 2023
Figure 21 : Share of Global Grid-Scale Electricity Storage Technologies Market for Energy Shifting and Capacity Provision, by Region, 2023
Figure 22 : Share of Global Grid-Scale Electricity Storage Technologies Market for Ancillary Services, by Region, 2023
Figure 23 : Share of Global Grid-Scale Electricity Storage Technologies Market for Congestion Management, by Region, 2023
Figure 24 : Share of Global Grid-Scale Electricity Storage Technologies Market for BTM Commercial Applications, by Region, 2023
Figure 25 : Share of Global Grid-Scale Electricity Storage Technologies Market for BTM Industrial Applications, by Region, 2023
Figure 26 : Share of Global Grid-Scale Electricity Storage Technologies Market for Manufacturing and Heavy Industry, by Region, 2023
Figure 27 : Share of Global Grid-Scale Electricity Storage Technologies Market for Mining, by Region, 2023
Figure 28 : Share of Global Grid-Scale Electricity Storage Technologies Market for Data Centers, by Region, 2023
Figure 29 : Share of Global Grid-Scale Electricity Storage Technologies Market for Agriculture, by Region, 2023
Figure 30 : Share of Global Grid-Scale Electricity Storage Technologies Market for Other Industrial Applications, by Region, 2023
Figure 31 : Share of Global Grid-Scale Electricity Storage Technologies Market, by Region, 2023
Figure 32 : Share of North American Grid-Scale Electricity Storage Technologies Market, by Country, 2023
Figure 33 : Share of North American Grid-Scale Electricity Storage Technologies Market, by Technology, 2023
Figure 34 : Share of North American Grid-Scale Electricity Storage Technologies Market, by Type, 2023
Figure 35 : Share of North American Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, 2023
Figure 36 : Share of North American Grid-Scale Electricity Storage Technologies Market, by BTM Application, 2023
Figure 37 : Share of North American Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, 2023
Figure 38 : Share of European Grid-Scale Electricity Storage Technologies Market, by Country, 2023
Figure 39 : Share of European Grid-Scale Electricity Storage Technologies Market, by Technology, 2023
Figure 40 : Share of European Grid-Scale Electricity Storage Technologies Market, by Type, 2023
Figure 41 : Share of European Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, 2023
Figure 42 : Share of European Grid-Scale Electricity Storage Technologies Market, by BTM Application, 2023
Figure 43 : Share of European Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, 2023
Figure 44 : Share of Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Country, 2023
Figure 45 : Share of Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Technology, 2023
Figure 46 : Share of Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Type, 2023
Figure 47 : Share of Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, 2023
Figure 48 : Share of Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by BTM Application, 2023
Figure 49 : Share of Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, 2023
Figure 50 : Share of RoW Grid-Scale Electricity Storage Technologies Market, by Technology, 2023
Figure 51 : Share of RoW Grid-Scale Electricity Storage Technologies Market, by Type, 2023
Figure 52 : Share of RoW Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, 2023
Figure 53 : Share of RoW Grid-Scale Electricity Storage Technologies Market, by BTM Application, 2023
Figure 54 : Share of RoW Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, 2023
Figure 55 : Share of Global Market for Grid-Scale Electricity Storage Integrators, by Company, 2023
Figure 56 : Advantages of ESG for Companies
Figure 57 : BYD Co. Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 58 : BYD Co. Ltd.: Revenue Share, by Country/Region, FY 2023
Figure 59 : CALB: Revenue Share, by Business Unit, FY 2023
Figure 60 : CALB: Revenue Share, by Country/Region, FY 2023
Figure 61 : Contemporary Amperex Technology Co. Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 62 : Contemporary Amperex Technology Co. Ltd.: Revenue Share, by Country/Region, FY 2023
Figure 63 : Fluence: Revenue Share, by Type, FY 2024
Figure 64 : Fluence: Revenue Share, by Country/Region, FY 2024
Figure 65 : Gotion: Revenue Share, by Business Unit, FY 2023
Figure 66 : Gotion: Revenue Share, by Country/Region, FY 2023
Figure 67 : LG Energy Solution: Revenue Share, by Country/Region, FY 2023
Figure 68 : Nidec Corp.: Revenue Share, by Business Unit, FY 2023
Figure 69 : Nidec Corp.: Revenue Share, by Country/Region, FY 2023
Figure 70 : Panasonic Energy Co. Ltd.: Revenue Share, by Business Unit, FY 2023
Figure 71 : Samsung SDI: Revenue Share, by Business Unit, FY 2023
Figure 72 : Samsung SDI: Revenue Share, by Country/Region, FY 2023
Figure 73 : Sungrow: Revenue Share, by Business Unit, FY 2023
Figure 74 : Sungrow: Revenue Share, by Country/Region, FY 2023
Figure 75 : Tesla: Revenue Share, by Business Unit, FY 2023
Figure 76 : Tesla: Revenue Share, by Country/Region, FY 2023

List of Tables

Summary Table : Global Grid-Scale Electricity Storage Technologies Market, by Region, Through 2029
Table 1 : Regulatory Frameworks for Grid-Scale Electricity Storage Technologies, 2023 and 2024
Table 2 : Patents on Grid-Scale Electricity Storage Technologies, 2023–2025
Table 3 : Global Grid-Scale Electricity Storage Technologies Market, by Technology, Through 2029
Table 4 : Global Grid-Scale Electricity Storage Technologies Market for LIBs, by Region, Through 2029
Table 5 : Global Grid-Scale Electricity Storage Technologies Market for Lead-Acid Batteries, by Region, Through 2029
Table 6 : Global Grid-Scale Electricity Storage Technologies Market for Flow Batteries, by Region, Through 2029
Table 7 : Global Grid-Scale Electricity Storage Technologies Market for Sodium-Ion Batteries, by Region, Through 2029
Table 8 : Global Grid-Scale Electricity Storage Technologies Market for Other Batteries, by Region, Through 2029
Table 9 : Global Grid-Scale Electricity Storage Technologies Market, by Type, Through 2029
Table 10 : Global Grid-Scale Electricity Storage Technologies Market for Utility-Scale, by Region, Through 2029
Table 11 : Global Grid-Scale Electricity Storage Technologies Market for BTM, by Region, Through 2029
Table 12 : Global Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, Through 2029
Table 13 : Global Grid-Scale Electricity Storage Technologies Market, by BTM Application, Through 2029
Table 14 : Global Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, Through 2029
Table 15 : Global Grid-Scale Electricity Storage Technologies Market for Energy Shifting and Capacity Provision, by Region, Through 2029
Table 16 : Global Grid-Scale Electricity Storage Technologies Market for Ancillary Services, by Region, Through 2029
Table 17 : Global Grid-Scale Electricity Storage Technologies Market for Congestion Management, by Region, Through 2029
Table 18 : Global Grid-Scale Electricity Storage Technologies Market for BTM Commercial Applications, by Region, Through 2029
Table 19 : Global Grid-Scale Electricity Storage Technologies Market for BTM Industrial Applications, by Region, Through 2029
Table 20 : Global Grid-Scale Electricity Storage Technologies Market for Manufacturing and Heavy Industry, by Region, Through 2029
Table 21 : Global Grid-Scale Electricity Storage Technologies Market for Mining, by Region, Through 2029
Table 22 : Global Grid-Scale Electricity Storage Technologies Market for Data Centers, by Region, Through 2029
Table 23 : Global Grid-Scale Electricity Storage Technologies Market for Agriculture, by Region, Through 2029
Table 24 : Global Grid-Scale Electricity Storage Technologies Market for Other Industrial Applications, by Region, Through 2029
Table 25 : Global Grid-Scale Electricity Storage Technologies Market, by Region, Through 2029
Table 26 : North American Grid-Scale Electricity Storage Technologies Market, by Country, Through 2029
Table 27 : North American Grid-Scale Electricity Storage Technologies Market, by Technology, Through 2029
Table 28 : North American Grid-Scale Electricity Storage Technologies Market, by Type, Through 2029
Table 29 : North American Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, Through 2029
Table 30 : North American Grid-Scale Electricity Storage Technologies Market, by BTM Application, Through 2029
Table 31 : North American Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, Through 2029
Table 32 : European Grid-Scale Electricity Storage Technologies Market, by Country, Through 2029
Table 33 : European Grid-Scale Electricity Storage Technologies Market, by Technology, Through 2029
Table 34 : European Grid-Scale Electricity Storage Technologies Market, by Type, Through 2029
Table 35 : European Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, Through 2029
Table 36 : European Grid-Scale Electricity Storage Technologies Market, by BTM Application, Through 2029
Table 37 : European Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, Through 2029
Table 38 : Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Country, Through 2029
Table 39 : Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Technology, Through 2029
Table 40 : Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Type, Through 2029
Table 41 : Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, Through 2029
Table 42 : Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by BTM Application, Through 2029
Table 43 : Asia-Pacific Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, Through 2029
Table 44 : RoW Grid-Scale Electricity Storage Technologies Market, by Technology, Through 2029
Table 45 : RoW Grid-Scale Electricity Storage Technologies Market, by Type, Through 2029
Table 46 : RoW Grid-Scale Electricity Storage Technologies Market, by Utility-Scale Application, Through 2029
Table 47 : RoW Grid-Scale Electricity Storage Technologies Market, by BTM Application, Through 2029
Table 48 : RoW Grid-Scale Electricity Storage Technologies Market, by BTM Industrial Application, Through 2029
Table 49 : Strategic Analysis in the Global Grid-Scale Electricity Storage Technologies Market, 2023 and 2024
Table 50 : ESG Carbon Footprint Issue Analysis
Table 51 : ESG Water and Waste Reduction Issues Analysis
Table 52 : ESG Diversity Issue Analysis
Table 53 : ESG Employee Safety and Labor Practices Issue Analysis
Table 54 : ESG Governance and Sustainable Supply Chain Issue Analysis
Table 55 : ESG Score Analysis of Grid-Scale Electricity Storage Technology Companies, 2024
Table 56 : Abbreviations Used in this Report
Table 57 : Beijing HyperStrong Technology Co. Ltd.: Company Snapshot
Table 58 : Beijing HyperStrong Technology Co. Ltd.: Product Portfolio
Table 59 : Beijing HyperStrong Technology Co. Ltd.: News/Key Developments, 2023 and 2024
Table 60 : BYD Co. Ltd.: Company Snapshot
Table 61 : BYD Co. Ltd.: Financial Performance, FY 2022 and FY 2023
Table 62 : BYD Co. Ltd.: Product Portfolio
Table 63 : BYD Co. Ltd.: News/Key Developments, 2024
Table 64 : CALB: Company Snapshot
Table 65 : CALB: Financial Performance, FY 2022 and FY 2023
Table 66 : CALB: Product Portfolio
Table 67 : CALB: News/Key Developments, 2022-2024
Table 68 : Contemporary Amperex Technology Co. Ltd.: Company Snapshot
Table 69 : Contemporary Amperex Technology Co. Ltd.: Financial Performance, FY 2022 and FY 2023
Table 70 : Contemporary Amperex Technology Co. Ltd.: Product Portfolio
Table 71 : Contemporary Amperex Technology Co. Ltd.: News/Key Developments, 2024
Table 72 : CRRC: Company Snapshot
Table 73 : CRRC: Product Portfolio
Table 74 : CRRC: News/Key Developments, 2023
Table 75 : Envision Group: Company Snapshot
Table 76 : Envision Group: Product Portfolio
Table 77 : Envision Group: News/Key Developments, 2023
Table 78 : Fluence: Company Snapshot
Table 79 : Fluence: Financial Performance, FY 2023 and 2024
Table 80 : Fluence: Product Portfolio
Table 81 : Fluence: News/Key Developments, 2024 and 2025
Table 82 : Gotion: Company Snapshot
Table 83 : Gotion: Financial Performance, FY 2022 and FY 2023
Table 84 : Gotion: Product Portfolio
Table 85 : Gotion: News/Key Developments, 2023 and 2024
Table 86 : LG Energy Solution: Company Snapshot
Table 87 : LG Energy Solution: Financial Performance, FY 2022 and 2023
Table 88 : LG Energy Solution: Product Portfolio
Table 89 : LG Energy Solution: News/Key Developments, 2024
Table 90 : Nidec Corp.: Company Snapshot
Table 91 : Nidec Corp.: Financial Performance, FY 2022 and 2023
Table 92 : Nidec Corp.: Product Portfolio
Table 93 : Nidec Corp.: News/Key Developments, 2023 and 2024
Table 94 : Panasonic Energy Co. Ltd.: Company Snapshot
Table 95 : Panasonic Energy Co. Ltd.: Financial Performance, FY 2022 and FY 2023
Table 96 : Panasonic Energy Co. Ltd.: Product Portfolio
Table 97 : Panasonic Energy Co. Ltd.: News/Key Developments, 2024
Table 98 : Samsung SDI: Company Snapshot
Table 99 : Samsung SDI: Financial Performance, FY 2022 and FY 2023
Table 100 : Samsung SDI: Product Portfolio
Table 101 : Samsung SDI: News/Key Developments, 2024
Table 102 : Sungrow: Company Snapshot
Table 103 : Sungrow: Financial Performance, FY 2022 and 2023
Table 104 : Sungrow: Product Portfolio
Table 105 : Sungrow: News/Key Developments, 2024
Table 106 : Tesla: Company Snapshot
Table 107 : Tesla: Financial Performance, FY 2022 and FY 2023
Table 108 : Tesla: Product Portfolio
Table 109 : Tesla: News/Key Developments, 2024
Table 110 : XYZ Storage Technology Corp. Ltd.: Company Snapshot
Table 111 : XYZ Storage Technology Corp. Ltd.: Product Portfolio
Table 112 : XYZ Storage Technology Corp. Ltd: News/Key Developments, 2024