The estimated market size of the battery energy storage systems worldwide was between 44 and 55 billion U.S. dollars in 2023. This figure was forecast to increase to up to 150 billion U.S. dollars by 2030, with utility scale BESS constituting the largest share of the market in the period under consideration.
Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
McKinsey & Company. (August 2, 2023). Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company. "Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars)." Chart. August 2, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company. (2023). Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company. "Market Size of Battery Energy Storage Systems (Bess) Worldwide in 2023, with a Forecast until 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Aug 2023, https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company, Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/ (last visited December 30, 2024)
Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars) [Graph], McKinsey & Company, August 2, 2023. [Online]. Available: https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
