Companies Dominating the Distributed Energy Storage System Landscape
- Johnson Controls International plc
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- ABB Ltd.
- Schneider Electric SE
- Emerson Electric Co.
- Advanced Control Systems, LLC
- Hitachi, Ltd.
- LG Energy Solution Ltd.
- NEC Corporation
- The General Electric Company
- Jabil, Inc.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of distributed energy storage system is estimated at USD 6.37 billion.
The distributed energy storage system market size was over USD 5.95 billion in 2024 and is poised to exceed USD 17.81 billion by 2037, witnessing over 8.8% CAGR during the forecast period i.e., between 2025-2037. Increasing deployment of microgrids, rising fossil fuel prices, and escalating government policies to mitigate carbon emissions will drive the market growth.
Asia Pacific industry is estimated to account for largest revenue share of 36% by 2037, attributed to increasing demand and consumption of electricity in countries such as China, India, Japan, and so on, coupled with massive surge in investments in renewable energy in the region.
The major players in the market are Johnson Controls International plc, ABB Ltd., Schneider Electric SE, Emerson Electric Co., Advanced Control Systems, LLC, Hitachi, Ltd., LG Energy Solution Ltd., NEC Corporation, The General Electric Company, Jabil, Inc.
