The market size of energy storage systems in North America is forecast to grow steadily between 2024 and 2031 with a compound annual growth rate of approximately seven percent. Energy storage systems in the region accounted for a market worth 50.7 billion U.S. dollars in 2023. The figure was projected to reach over 86 billion U.S. dollars by 2031.
More information on the global energy storage system market can be found here.
Market size of energy storage systems in North America from 2021 to 2023 with a forecast until 2031
(in billion U.S. dollars)
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Extrapolate. (March 15, 2024). Market size of energy storage systems in North America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1457922/energy-storage-market-size-north-america-forecast/
Extrapolate. "Market size of energy storage systems in North America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars)." Chart. March 15, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1457922/energy-storage-market-size-north-america-forecast/
Extrapolate. (2024). Market size of energy storage systems in North America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1457922/energy-storage-market-size-north-america-forecast/
Extrapolate. "Market Size of Energy Storage Systems in North America from 2021 to 2023 with a Forecast until 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/1457922/energy-storage-market-size-north-america-forecast/
Extrapolate, Market size of energy storage systems in North America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1457922/energy-storage-market-size-north-america-forecast/ (last visited December 22, 2024)
Market size of energy storage systems in North America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) [Graph], Extrapolate, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/1457922/energy-storage-market-size-north-america-forecast/
