Lithium Ion Battery Energy Storage Market Size And Share

  • Report Code : TIPRE00029895
  • Category : Energy and Power
  • No. of Pages : 150
Buy Now

Lithium-ion Battery Energy Storage Market Share, Trends, and Analysis by 2031

Buy Now

Lithium-ion Battery Energy Storage Market: Strategic Insights

Lithium-ion Battery Energy Storage Market

  • CAGR (2023 - 2031)
    12.7%
  • Market Size 2023
    US$ 14.12 Billion
  • Market Size 2031
    US$ 36.7 Billion

Market Dynamics

GROWTH DRIVERS
  • Rise in Demand for Lithium-ion Battery Energy Storage from Solar and Wind Energy Sector
FUTURE TRENDS
  • Rise in Adoption of Virtual Power Plants
OPPORTUNITIES
  • Rise in Renewable Energy Installations

Key Players

  • NextEra Energy
  • Inc
  • KORE Power
  • Enel Green Power
  • Dragonfly Energy
  • Siemens Energy
  • ESS
  • Inc
  • Ameresco Solar
  • ACE Battery

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Capacity
  • 0-10 kW
  • 10-20 kW
  • 20-50 kW
  • Above 50 kW
Connection Type
  • On-Grid and Off-Grid
End-use
  • Residential
  • Commercial
  • Industrial
  • Utility