Grid Scale Stationary Battery Storage Market Outlook:
Grid Scale Stationary Battery Storage Market size was over USD 88.2 billion in 2025 and is projected to reach USD 1.47 trillion by 2035, growing at around 32.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of grid scale stationary battery storage is evaluated at USD 114 billion.
The primary reason for the extensive growth of the global market is the rising demand for electricity by the global population. Owing to the rapid industrialization and urbanization, the demand for electricity has increased considerably. This factor has generated the need for grid-scale stationary battery storage for uninterrupted power supply to carry out various applications and services. Hence, the increased demand for energy and electricity is estimated to bring lucrative growth opportunities for the expansion of the global grid-scale stationary battery market during the forecast period. As per recent statistics, it is forecasted that the global demand for electricity is expected to considerably grow by the end of 2023. Furthermore, it is stated that an additional 2,500 terawatt hours (TWh) of electricity demand is anticipated to be added by 2025. Thus, this 9% growth would take the global electricity demand to almost 30,000 terawatt hours (TWh).
The work of a grid-scale stationary battery storage system is to store energy and discharge it in the form of electricity whenever needed. An array of batteries, an electronic control system, an inventor, and a thermal management system are integrated into grid-scale stationary battery storage. It is very useful in storing electricity in such situations when energy is available at cheap rates, or the demand is low for later use when demand is high and electricity costs are higher. Thus, the global grid scale stationary battery storage market is expected to rise during the analysis period on account of its ability for power quality management, successful renewable integration, as well as grid peak load management. Furthermore, its low costs, long life span, and growing consumer dependence on energy storage systems are other advantages that are anticipated to bring favorable opportunities for market growth during the forecast period.
Key Grid Scale Stationary Battery Storage Market Insights Summary:
Regional Highlights:
- Asia Pacific grid scale stationary battery storage market will hold around 35% share by 2035, driven by rapid industrialization and high manufacturing output in countries like China and India.
- North America market will achieve a 24% share by 2035, driven by government initiatives and R&D in energy storage technologies.
Segment Insights:
- The lithium-ion segment in the grid scale stationary battery storage market is poised for substantial growth during 2026-2035, driven by widespread application in electronics and awareness of its cost-effectiveness.
- The grid services segment in the grid scale stationary battery storage market is projected to hold a 22% share by 2035, driven by the need for power system flexibility and black start capabilities.
Key Growth Trends:
- Rising Carbon Footprint Across the World
- Escalation in Need for Power Generation
Major Challenges:
- Increasing Awareness about Environmental Hazards
- Requirement of Higher Initial Investment
Key Players: GS Yuasa Corp., Johnson Controls, Inc., Exide Technologies, Inc., Enersys, Inc., Northstar Battery Company LLC, C&D Technologies, Inc., Robert Bosch GmbH, Saft Groupe S.A., East Penn Manufacturing Co., Exide Industries Limited, AEG Power Solutions Group, Hitachi Ltd.
Global Grid Scale Stationary Battery Storage Market Forecast and Regional Outlook:
Market Size & Growth Projections:
- 2025 Market Size: USD 88.2 billion
- 2026 Market Size: USD 114 billion
- Projected Market Size: USD 1.47 trillion by 2035
- Growth Forecasts: 32.5% CAGR (2026-2035)
Key Regional Dynamics:
- Largest Region: Asia Pacific (35% Share by 2035)
- Fastest Growing Region: Asia Pacific
- Dominating Countries: China, United States, Germany, Japan, South Korea
- Emerging Countries: China, India, Japan, South Korea, Brazil
Last updated on : 9 September, 2025
Grid Scale Stationary Battery Storage Market Growth Drivers and Challenges:
Growth Drivers
- Rising Carbon Footprint Across the World – In the recent period, governments of different nations and regulatory bodies have been focusing on the adoption of energy-efficient technologies. Moreover, there has been a rising focus on achieving net-zero targets. Such initiatives and programs to curb the carbon footprint in the world are anticipated to bolster the installation of grid-scale battery energy storage systems since these systems are beneficial in accommodating high renewable energy share and further contribute to grid stability. As per the data released by the International Energy Agency (IEA), it has been stated that the global carbon dioxide (CO2) emission from energy combustion and industrial processes rose to 0.9% or 321 Mt in 2022 to a new all-time high of 36.8 Gt.
- Escalation in Need for Power Generation – Grid-scale stationary battery storage can bridge the demand and supply of power generation in the world. The energy stored in the grid-scale stationary battery storages could be used to supply an uninterrupted supply of power for a broad range of users and applications in numerous industries. This factor is estimated to drive the market expansion in the upcoming years. For instance, it has been forecasted that rising commercial activity and the growing global economy are projected to boost energy demand by approximately 15%. Moreover, with the development of the middle-class community in developing countries, the energy demand is expected to increase by around 35%.
- Rise in Research Spending – Growth in the global grid scale stationary battery storage market during the forecast period could be further attributed to increased investment in research and development activities to continuously find more viable solutions for the distributed control system which includes grid-scale stationary battery storage. Research reports show that global R&D spending has more than tripled in real terms since 2000, rising from about USD 680 billion to more than USD 2.5 trillion in 2019.
- Penetration of Smart Cities Across the World - Revenue generated from the smart cities projects, technologies, products, and services generated by startups was estimated to be about USD 40 billion in the year 2021. This number is further estimated to grow and reach approximately USD 100 billion by 2025.
- Increasing Demand for Renewable Energy Sources - According to the International Renewable Energy Agency, the most capacity expansion of any renewable energy source happened in 2020 when new solar PV capacity increased by almost 125 GW globally.
Challenges
- Increasing Awareness about Environmental Hazards – In spite of favorable market growth opportunities, the high utilization of lead-acid batteries is associated with potential environmental hazards. Moreover, the improper disposal of a single battery generates large tons of solid waste. Solid waste can have a worse environmental impact if not treated properly. Therefore, the negative impact on the environment is estimated to hamper the development of grid-scale stationary battery storages and subsequently pose a challenge to market growth during the forecast period.
- Requirement of Higher Initial Investment
- Rising Stringent Government Rules and Regulations
Grid Scale Stationary Battery Storage Market Size and Forecast:
| Report Attribute | Details |
|---|---|
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
32.5% |
|
Base Year Market Size (2025) |
USD 88.2 billion |
|
Forecast Year Market Size (2035) |
USD 1.47 trillion |
|
Regional Scope |
|
Grid Scale Stationary Battery Storage Market Segmentation:
Battery Segment Analysis
The lithium-ion segment is estimated to gain the largest market share of about 38% in the year 2035, due to the rising awareness level about the advantages of lithium-ion such as its low cost, durability, battery- life, zero maintenance, and others. As a result, the global lithium-ion batteries industry generated almost USD 50 billion in 2022. Also, lithium-ion batteries are being heavily used in electrical products and electronics such as e-bikes, e-vehicles, smartphones, laptops, and others.
Grid Services Segment Analysis
The hospital pharmacies segment is expected to garner a significant share of around 22% in the year 2035, owing to the increased demand for power system flexibility related to power outages or power system failures, which is anticipated to increase the demand for structured systems for launching black start. Furthermore, the increasing investments in the sector for introducing novel solutions are also anticipated to bring in lucrative opportunities for segment growth.
Our in-depth analysis of the global market includes the following segments:
|
By Battery |
|
|
By Grid Services |
|
Vishnu Nair
Head - Global Business DevelopmentCustomize this report to your requirements — connect with our consultant for personalized insights and options.
Grid Scale Stationary Battery Storage Market Regional Analysis:
APAC Market Insights
Asia Pacific industry is estimated to dominate majority revenue share of 35% by 2035, ascribing to the rapid rate of industrialization and urbanization, high manufacturing output of countries such as China and India, and rise in the development of new products in the region. For instance, in 2017, the share of the urban population in China was approximately 59 percent, which increased to about 64 percent by the end of the year 2020.
North American Market Insights
The North American grid scale stationary battery storage market is estimated to be the second largest, registering a share of about 24% by the end of 2035, attributed to the increasing government initiatives to improve energy distribution, which is expected to fuel the growth of the market in the region in the coming years. Moreover, the North American market is expected to account for the largest share during the forecast period owing to heavy R&D investments in new energy storage technologies and the strong presence of market players in the region.
Europe Market Forecast Insights
Europe region is anticipated to register substantial growth through 2035. The rising demand and production of electricity is considered to be the major factor for market growth in the region. Also, the increasing number of industries in the region that demand a high amount of energy is anticipated to create a positive outlook for market growth.
Grid Scale Stationary Battery Storage Market Players:
- GS Yuasa Corp.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Johnson Controls, Inc.
- Exide Technologies, Inc.
- Enersys, Inc.
- Northstar Battery Company LLC
- C&D Technologies, Inc.
- Robert Bosch GmbH
- Saft Groupe S.A.
- East Penn Manufacturing Co.
- Exide Industries Limited
- AEG Power Solutions Group
- Hitachi Ltd.
Recent Developments
- AEG Power Solutions Group announced the joint venture with CMI Energy to provide battery energy storage systems for the MiRIS project in Seraing, Belgium.
- Hitachi ABB Power Grids, a subsidiary of Hitachi Ltd., to deliver powerful solutions for Amprion, the largest transmission operator in Germany, as Germany is undergoing a renewable energy transition.
- Report ID: 3476
- Published Date: Sep 09, 2025
- Report Format: PDF, PPT
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