The market size of energy storage systems in Latin America is forecast to double between 2023 and 2031, reaching 28.8 billion U.S. dollars at the end of the period. However, the market value of energy storage systems in the Latin American countries will remain marginal in comparison to the other regions of the world.
More information on the global energy storage system market can be found here.
Market size of energy storage systems in Latin America from 2021 to 2023 with a forecast until 2031
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Market size in billion U.S. dollars
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Extrapolate. (March 15, 2024). Market size of energy storage systems in Latin America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1457924/energy-storage-market-size-latin-america-forecast/
Extrapolate. "Market size of energy storage systems in Latin America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars)." Chart. March 15, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1457924/energy-storage-market-size-latin-america-forecast/
Extrapolate. (2024). Market size of energy storage systems in Latin America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1457924/energy-storage-market-size-latin-america-forecast/
Extrapolate. "Market Size of Energy Storage Systems in Latin 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/1457924/energy-storage-market-size-latin-america-forecast/
Extrapolate, Market size of energy storage systems in Latin America from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1457924/energy-storage-market-size-latin-america-forecast/ (last visited July 22, 2024)
Market size of energy storage systems in Latin 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/1457924/energy-storage-market-size-latin-america-forecast/