Grid Scale Stationary Battery Storage Market - Top Companies and Manufacturers

In the year 2024, the industry size of grid scale stationary battery storage is assessed at USD 116.2 Billion.

The grid-scale stationary battery storage market size was over USD 81.9 Billion in 2023 and is likely to reach USD 889 Billion by the end of 2036, growing at around 27.7% CAGR during the forecast period i.e., between 2024-2036. The major growth drivers for the market are rising demand for industrial batteries from data centers and the telecom industry and increasing renewable energy integration around the world.

Asia Pacific industry is poised to have significant growth rate till 2036, owing to the rapid rate of industrialization and urbanization in the region.

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.