Grid Scale Stationary Battery Storage Market Size & Share, by Battery (Lithium Ion, Sodium Sulphur, Lead Acid, Flow Battery); Grid Services (Frequency Regulation, Flexible Ramping, Energy Shifting & Capacity Deferral, Transmission,Distribution Congestion Relief) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3476
  • Published Date: May 01, 2023
  • Report Format: PDF, PPT

Companies Dominating the Grid Scale Stationary Battery Storage Landscape

top-features-companies
    • 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.

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • 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.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 3476
  • Published Date: May 01, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

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.

The market size of grid-scale stationary battery storage is anticipated to attain a CAGR of 28% over the forecast period, i.e., 2023-2035.

Safety concerns associated with grid scale battery storage along with the requirement of higher initial investment are some of the factors that are estimated to be the growth hindering factors for the market expansion.

The market in the North America region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are 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, Hitachi Ltd., AEG Power Solutions Group, and other key players.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by battery, grid services, and by region.

The lithium-ion segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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