The global energy storage market is forecast to grow at an average compound annual growth rate of 14.4 percent between 2020 and 2027. The size of the sector, estimated at 38.7 billion U.S. dollars in 2021, is projected to surpass 52 billion U.S. dollars in 2025.
Market value of the energy storage sector worldwide in 2020 with a forecast to 2027
(in million U.S. dollars)
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Market value in million U.S. dollars
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Knowledge Sourcing Intelligence. (July 31, 2023). Market value of the energy storage sector worldwide in 2020 with a forecast to 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1403613/global-energy-storage-market-value-forecast/
Knowledge Sourcing Intelligence. "Market value of the energy storage sector worldwide in 2020 with a forecast to 2027 (in million U.S. dollars)." Chart. July 31, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1403613/global-energy-storage-market-value-forecast/
Knowledge Sourcing Intelligence. (2023). Market value of the energy storage sector worldwide in 2020 with a forecast to 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1403613/global-energy-storage-market-value-forecast/
Knowledge Sourcing Intelligence. "Market Value of The Energy Storage Sector Worldwide in 2020 with a Forecast to 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 31 Jul 2023, https://www.statista.com/statistics/1403613/global-energy-storage-market-value-forecast/
Knowledge Sourcing Intelligence, Market value of the energy storage sector worldwide in 2020 with a forecast to 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1403613/global-energy-storage-market-value-forecast/ (last visited August 25, 2024)
Market value of the energy storage sector worldwide in 2020 with a forecast to 2027 (in million U.S. dollars) [Graph], Knowledge Sourcing Intelligence, July 31, 2023. [Online]. Available: https://www.statista.com/statistics/1403613/global-energy-storage-market-value-forecast/