The global battery storage market was dominated by lithium-based batteries in 2023. Lithium-ion batteries alone made up over 75 percent of the battery market that year. Sodium-based battery constituted less than four percent of the market, but presented several advantages when compared to lithium ones.
Distribution of battery energy storage market worldwide in 2023, by technology
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Energy Monitor. (August 7, 2024). Distribution of battery energy storage market worldwide in 2023, by technology [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1484402/battery-storage-technology-market-share-world/
Energy Monitor. "Distribution of battery energy storage market worldwide in 2023, by technology." Chart. August 7, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1484402/battery-storage-technology-market-share-world/
Energy Monitor. (2024). Distribution of battery energy storage market worldwide in 2023, by technology. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1484402/battery-storage-technology-market-share-world/
Energy Monitor. "Distribution of Battery Energy Storage Market Worldwide in 2023, by Technology." Statista, Statista Inc., 7 Aug 2024, https://www.statista.com/statistics/1484402/battery-storage-technology-market-share-world/
Energy Monitor, Distribution of battery energy storage market worldwide in 2023, by technology Statista, https://www.statista.com/statistics/1484402/battery-storage-technology-market-share-world/ (last visited November 21, 2024)
Distribution of battery energy storage market worldwide in 2023, by technology [Graph], Energy Monitor, August 7, 2024. [Online]. Available: https://www.statista.com/statistics/1484402/battery-storage-technology-market-share-world/