Behind the meter systems dominated the global stationary energy storage landscape, having accounted for a market size of over 100 billion U.S. dollars in 2021. The market for behind the meter applications of stationary energy storage systems is forecast to grow by over 30 percent by 2031.
Behind the meter systems are located on the consumers' side of the utility meter, and include home battery storage technologies and residential solar panels. By comparison, front of the meter systems indicate large-scale energy storage facilities, like wind farms and hydropower plants.
Stationary energy storage market worldwide in 2021, with a forecast for 2031, by application
(in million U.S. dollars)
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BIS Research. (September 22, 2023). Stationary energy storage market worldwide in 2021, with a forecast for 2031, by application (in million U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1414371/stationary-energy-storage-market-worldwide-by-application/
BIS Research. "Stationary energy storage market worldwide in 2021, with a forecast for 2031, by application (in million U.S. dollars)." Chart. September 22, 2023. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1414371/stationary-energy-storage-market-worldwide-by-application/
BIS Research. (2023). Stationary energy storage market worldwide in 2021, with a forecast for 2031, by application (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1414371/stationary-energy-storage-market-worldwide-by-application/
BIS Research. "Stationary Energy Storage Market Worldwide in 2021, with a Forecast for 2031, by Application (in Million U.S. Dollars)." Statista, Statista Inc., 22 Sep 2023, https://www.statista.com/statistics/1414371/stationary-energy-storage-market-worldwide-by-application/
BIS Research, Stationary energy storage market worldwide in 2021, with a forecast for 2031, by application (in million U.S. dollars) Statista, https://www.statista.com/statistics/1414371/stationary-energy-storage-market-worldwide-by-application/ (last visited January 08, 2025)
Stationary energy storage market worldwide in 2021, with a forecast for 2031, by application (in million U.S. dollars) [Graph], BIS Research, September 22, 2023. [Online]. Available: https://www.statista.com/statistics/1414371/stationary-energy-storage-market-worldwide-by-application/
