The global grid-scale battery energy storage market was estimated at roughly 2.1 billion U.S. dollars in 2021. North America was the largest region in terms of market size that year, with a size of nearly 800 million U.S. dollars. It is projected that already in 2025, the APAC region will overtake North America and become the largest region for the grid-scale battery energy storage market.
Size of the global market for grid-scale batteries from 2019 to 2021, with a forecast through 2029, by region
(in million U.S. dollars)
Characteristic
North America
APAC
Europe
South America
MEA
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
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.
Fior Markets. (March 31, 2022). Size of the global market for grid-scale batteries from 2019 to 2021, with a forecast through 2029, by region (in million U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1339709/global-grid-scale-battery-market-size-by-region/
Fior Markets. "Size of the global market for grid-scale batteries from 2019 to 2021, with a forecast through 2029, by region (in million U.S. dollars)." Chart. March 31, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1339709/global-grid-scale-battery-market-size-by-region/
Fior Markets. (2022). Size of the global market for grid-scale batteries from 2019 to 2021, with a forecast through 2029, by region (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1339709/global-grid-scale-battery-market-size-by-region/
Fior Markets. "Size of The Global Market for Grid-scale Batteries from 2019 to 2021, with a Forecast through 2029, by Region (in Million U.S. Dollars)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/1339709/global-grid-scale-battery-market-size-by-region/
Fior Markets, Size of the global market for grid-scale batteries from 2019 to 2021, with a forecast through 2029, by region (in million U.S. dollars) Statista, https://www.statista.com/statistics/1339709/global-grid-scale-battery-market-size-by-region/ (last visited August 24, 2024)
Size of the global market for grid-scale batteries from 2019 to 2021, with a forecast through 2029, by region (in million U.S. dollars) [Graph], Fior Markets, March 31, 2022. [Online]. Available: https://www.statista.com/statistics/1339709/global-grid-scale-battery-market-size-by-region/