In 2020, the energy storage market in the United States surpassed 1.6 billion U.S. dollars, a year-over-year growth of roughly 2.5-fold. This market is expected to continue growing in the next five years, to reach 8.2 billion dollars in 2025.
Energy storage market size in the United States in 2019 and 2020, with a forecast from 2021 to 2025
(in million U.S. dollars)
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Energy storage market size in the United States in 2019 and 2020, with a forecast from 2021 to 2025
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According to the source, market size is reported as energy storage system deployment revenue, i.e. product of deployments and installed system prices.
Figures include residential, non-residential, and front-of-the-meter installations.
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Wood Mackenzie. (November 8, 2021). Energy storage market size in the United States in 2019 and 2020, with a forecast from 2021 to 2025 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 17, 2025, from https://www.statista.com/statistics/1315950/energy-storage-market-size-us/
Wood Mackenzie. "Energy storage market size in the United States in 2019 and 2020, with a forecast from 2021 to 2025 (in million U.S. dollars)." Chart. November 8, 2021. Statista. Accessed February 17, 2025. https://www.statista.com/statistics/1315950/energy-storage-market-size-us/
Wood Mackenzie. (2021). Energy storage market size in the United States in 2019 and 2020, with a forecast from 2021 to 2025 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 17, 2025. https://www.statista.com/statistics/1315950/energy-storage-market-size-us/
Wood Mackenzie. "Energy Storage Market Size in The United States in 2019 and 2020, with a Forecast from 2021 to 2025 (in Million U.S. Dollars)." Statista, Statista Inc., 8 Nov 2021, https://www.statista.com/statistics/1315950/energy-storage-market-size-us/
Wood Mackenzie, Energy storage market size in the United States in 2019 and 2020, with a forecast from 2021 to 2025 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1315950/energy-storage-market-size-us/ (last visited February 17, 2025)
Energy storage market size in the United States in 2019 and 2020, with a forecast from 2021 to 2025 (in million U.S. dollars) [Graph], Wood Mackenzie, November 8, 2021. [Online]. Available: https://www.statista.com/statistics/1315950/energy-storage-market-size-us/
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