Companies Dominating the Battery Energy Storage Landscape
- ABB
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Delta Electronics, Inc
- Hitachi, Ltd
- General Electric
- SAMSUNG SDI CO., LTD.
- Siemens
- Panasonic Holdings Corporation
- NEC Corporation
- AEG Power Solutions
- Toshiba International Corporation
Companies in the battery energy storage market are adopting strategies including vertical integration, strategic partnerships, and global expansion to strengthen their market position. Several players are investing in R&D to develop advanced battery chemistries and extend lifecycle performance, while others are focusing on software-driven energy management solutions. Some of the prominent players in the market are:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Battery Energy Storage Market in 2025 is evaluated at USD 22.35 billion.
The global market size was worth more than USD 20.36 billion in 2024 and is poised to witness a CAGR of over 12.2%, crossing USD 90.93 billion revenue by 2037.
Asia Pacific is anticipated to record USD 34.55 billion by 2037, fueled by electrification targets and renewable energy production.
The major players in the market include ABB, Delta Electronics, Inc, Hitachi, Ltd, General Electric, SAMSUNG SDI CO., LTD., Siemens, Panasonic Holdings Corporation, NEC Corporation, AEG Power Solutions, Toshiba International Corporation.