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Global Grid-Connected Battery Storage Market Research Report 2025
Synopsis
The grid connected battery storage systems provides uninterruptible power and reduces the energy costs leading to better power management.
The global Grid-Connected Battery Storage market was valued at US$ 1915.2 million in 2023 and is anticipated to reach US$ 6917.7 million by 2030, witnessing a CAGR of 19.8% during the forecast period 2024-2030.
The increasing demand for renewable energy and rising diesel costs are significantly intensifying the need for battery storage systems in the power grids. Increased knowledge of the benefits provided by these installations among the utilities would make these storage batteries more competitive in the market.
This report aims to provide a comprehensive presentation of the global market for Grid-Connected Battery Storage, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grid-Connected Battery Storage.
Report Scope
The Grid-Connected Battery Storage market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Grid-Connected Battery Storage market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Grid-Connected Battery Storage manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
NGK Insulators
Samsung SDI
Aggreko
LG
Johnson Controls
SANYO Electric
Panasonic
GS Yuasa
Sumitomo
BYD Auto
AES
A123 Systems
Segment by Type
Battery Enclosures
Battery Charge Controller
Sub Panels For Load Circuits
Segment by Application
Solar Energy
Wind Power Energy
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Grid-Connected Battery Storage manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Grid-Connected Battery Storage by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Grid-Connected Battery Storage in 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, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The grid connected battery storage systems provides uninterruptible power and reduces the energy costs leading to better power management.
The global Grid-Connected Battery Storage market was valued at US$ 1915.2 million in 2023 and is anticipated to reach US$ 6917.7 million by 2030, witnessing a CAGR of 19.8% during the forecast period 2024-2030.
The increasing demand for renewable energy and rising diesel costs are significantly intensifying the need for battery storage systems in the power grids. Increased knowledge of the benefits provided by these installations among the utilities would make these storage batteries more competitive in the market.
This report aims to provide a comprehensive presentation of the global market for Grid-Connected Battery Storage, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Grid-Connected Battery Storage.
Report Scope
The Grid-Connected Battery Storage market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Grid-Connected Battery Storage market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Grid-Connected Battery Storage manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
NGK Insulators
Samsung SDI
Aggreko
LG
Johnson Controls
SANYO Electric
Panasonic
GS Yuasa
Sumitomo
BYD Auto
AES
A123 Systems
Segment by Type
Battery Enclosures
Battery Charge Controller
Sub Panels For Load Circuits
Segment by Application
Solar Energy
Wind Power Energy
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Grid-Connected Battery Storage manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Grid-Connected Battery Storage by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Grid-Connected Battery Storage in 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, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Grid-Connected Battery Storage Market Overview
1.1 Product Definition
1.2 Grid-Connected Battery Storage Segment by Type
1.2.1 Global Grid-Connected Battery Storage Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Battery Enclosures
1.2.3 Battery Charge Controller
1.2.4 Sub Panels For Load Circuits
1.3 Grid-Connected Battery Storage Segment by Application
1.3.1 Global Grid-Connected Battery Storage Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Solar Energy
1.3.3 Wind Power Energy
1.4 Global Market Growth Prospects
1.4.1 Global Grid-Connected Battery Storage Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Grid-Connected Battery Storage Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Grid-Connected Battery Storage Production Estimates and Forecasts (2019-2030)
1.4.4 Global Grid-Connected Battery Storage Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Grid-Connected Battery Storage Production Market Share by Manufacturers (2019-2024)
2.2 Global Grid-Connected Battery Storage Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Grid-Connected Battery Storage, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Grid-Connected Battery Storage Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Grid-Connected Battery Storage Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Grid-Connected Battery Storage, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Grid-Connected Battery Storage, Product Offered and Application
2.8 Global Key Manufacturers of Grid-Connected Battery Storage, Date of Enter into This Industry
2.9 Grid-Connected Battery Storage Market Competitive Situation and Trends
2.9.1 Grid-Connected Battery Storage Market Concentration Rate
2.9.2 Global 5 and 10 Largest Grid-Connected Battery Storage Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Grid-Connected Battery Storage Production by Region
3.1 Global Grid-Connected Battery Storage Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Grid-Connected Battery Storage Production Value by Region (2019-2030)
3.2.1 Global Grid-Connected Battery Storage Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Grid-Connected Battery Storage by Region (2025-2030)
3.3 Global Grid-Connected Battery Storage Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Grid-Connected Battery Storage Production by Region (2019-2030)
3.4.1 Global Grid-Connected Battery Storage Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Grid-Connected Battery Storage by Region (2025-2030)
3.5 Global Grid-Connected Battery Storage Market Price Analysis by Region (2019-2024)
3.6 Global Grid-Connected Battery Storage Production and Value, Year-over-Year Growth
3.6.1 North America Grid-Connected Battery Storage Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Grid-Connected Battery Storage Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Grid-Connected Battery Storage Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Grid-Connected Battery Storage Production Value Estimates and Forecasts (2019-2030)
4 Grid-Connected Battery Storage Consumption by Region
4.1 Global Grid-Connected Battery Storage Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Grid-Connected Battery Storage Consumption by Region (2019-2030)
4.2.1 Global Grid-Connected Battery Storage Consumption by Region (2019-2024)
4.2.2 Global Grid-Connected Battery Storage Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Grid-Connected Battery Storage Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Grid-Connected Battery Storage Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Grid-Connected Battery Storage Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Grid-Connected Battery Storage Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Grid-Connected Battery Storage Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Grid-Connected Battery Storage Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Grid-Connected Battery Storage Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Grid-Connected Battery Storage Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Grid-Connected Battery Storage Production by Type (2019-2030)
5.1.1 Global Grid-Connected Battery Storage Production by Type (2019-2024)
5.1.2 Global Grid-Connected Battery Storage Production by Type (2025-2030)
5.1.3 Global Grid-Connected Battery Storage Production Market Share by Type (2019-2030)
5.2 Global Grid-Connected Battery Storage Production Value by Type (2019-2030)
5.2.1 Global Grid-Connected Battery Storage Production Value by Type (2019-2024)
5.2.2 Global Grid-Connected Battery Storage Production Value by Type (2025-2030)
5.2.3 Global Grid-Connected Battery Storage Production Value Market Share by Type (2019-2030)
5.3 Global Grid-Connected Battery Storage Price by Type (2019-2030)
6 Segment by Application
6.1 Global Grid-Connected Battery Storage Production by Application (2019-2030)
6.1.1 Global Grid-Connected Battery Storage Production by Application (2019-2024)
6.1.2 Global Grid-Connected Battery Storage Production by Application (2025-2030)
6.1.3 Global Grid-Connected Battery Storage Production Market Share by Application (2019-2030)
6.2 Global Grid-Connected Battery Storage Production Value by Application (2019-2030)
6.2.1 Global Grid-Connected Battery Storage Production Value by Application (2019-2024)
6.2.2 Global Grid-Connected Battery Storage Production Value by Application (2025-2030)
6.2.3 Global Grid-Connected Battery Storage Production Value Market Share by Application (2019-2030)
6.3 Global Grid-Connected Battery Storage Price by Application (2019-2030)
7 Key Companies Profiled
7.1 NGK Insulators
7.1.1 NGK Insulators Grid-Connected Battery Storage Corporation Information
7.1.2 NGK Insulators Grid-Connected Battery Storage Product Portfolio
7.1.3 NGK Insulators Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.1.4 NGK Insulators Main Business and Markets Served
7.1.5 NGK Insulators Recent Developments/Updates
7.2 Samsung SDI
7.2.1 Samsung SDI Grid-Connected Battery Storage Corporation Information
7.2.2 Samsung SDI Grid-Connected Battery Storage Product Portfolio
7.2.3 Samsung SDI Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Samsung SDI Main Business and Markets Served
7.2.5 Samsung SDI Recent Developments/Updates
7.3 Aggreko
7.3.1 Aggreko Grid-Connected Battery Storage Corporation Information
7.3.2 Aggreko Grid-Connected Battery Storage Product Portfolio
7.3.3 Aggreko Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Aggreko Main Business and Markets Served
7.3.5 Aggreko Recent Developments/Updates
7.4 LG
7.4.1 LG Grid-Connected Battery Storage Corporation Information
7.4.2 LG Grid-Connected Battery Storage Product Portfolio
7.4.3 LG Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.4.4 LG Main Business and Markets Served
7.4.5 LG Recent Developments/Updates
7.5 Johnson Controls
7.5.1 Johnson Controls Grid-Connected Battery Storage Corporation Information
7.5.2 Johnson Controls Grid-Connected Battery Storage Product Portfolio
7.5.3 Johnson Controls Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Johnson Controls Main Business and Markets Served
7.5.5 Johnson Controls Recent Developments/Updates
7.6 SANYO Electric
7.6.1 SANYO Electric Grid-Connected Battery Storage Corporation Information
7.6.2 SANYO Electric Grid-Connected Battery Storage Product Portfolio
7.6.3 SANYO Electric Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.6.4 SANYO Electric Main Business and Markets Served
7.6.5 SANYO Electric Recent Developments/Updates
7.7 Panasonic
7.7.1 Panasonic Grid-Connected Battery Storage Corporation Information
7.7.2 Panasonic Grid-Connected Battery Storage Product Portfolio
7.7.3 Panasonic Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Panasonic Main Business and Markets Served
7.7.5 Panasonic Recent Developments/Updates
7.8 GS Yuasa
7.8.1 GS Yuasa Grid-Connected Battery Storage Corporation Information
7.8.2 GS Yuasa Grid-Connected Battery Storage Product Portfolio
7.8.3 GS Yuasa Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.8.4 GS Yuasa Main Business and Markets Served
7.7.5 GS Yuasa Recent Developments/Updates
7.9 Sumitomo
7.9.1 Sumitomo Grid-Connected Battery Storage Corporation Information
7.9.2 Sumitomo Grid-Connected Battery Storage Product Portfolio
7.9.3 Sumitomo Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Sumitomo Main Business and Markets Served
7.9.5 Sumitomo Recent Developments/Updates
7.10 BYD Auto
7.10.1 BYD Auto Grid-Connected Battery Storage Corporation Information
7.10.2 BYD Auto Grid-Connected Battery Storage Product Portfolio
7.10.3 BYD Auto Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.10.4 BYD Auto Main Business and Markets Served
7.10.5 BYD Auto Recent Developments/Updates
7.11 AES
7.11.1 AES Grid-Connected Battery Storage Corporation Information
7.11.2 AES Grid-Connected Battery Storage Product Portfolio
7.11.3 AES Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.11.4 AES Main Business and Markets Served
7.11.5 AES Recent Developments/Updates
7.12 A123 Systems
7.12.1 A123 Systems Grid-Connected Battery Storage Corporation Information
7.12.2 A123 Systems Grid-Connected Battery Storage Product Portfolio
7.12.3 A123 Systems Grid-Connected Battery Storage Production, Value, Price and Gross Margin (2019-2024)
7.12.4 A123 Systems Main Business and Markets Served
7.12.5 A123 Systems Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Grid-Connected Battery Storage Industry Chain Analysis
8.2 Grid-Connected Battery Storage Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Grid-Connected Battery Storage Production Mode & Process
8.4 Grid-Connected Battery Storage Sales and Marketing
8.4.1 Grid-Connected Battery Storage Sales Channels
8.4.2 Grid-Connected Battery Storage Distributors
8.5 Grid-Connected Battery Storage Customers
9 Grid-Connected Battery Storage Market Dynamics
9.1 Grid-Connected Battery Storage Industry Trends
9.2 Grid-Connected Battery Storage Market Drivers
9.3 Grid-Connected Battery Storage Market Challenges
9.4 Grid-Connected Battery Storage Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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