Stationary Energy Storage Market Size, Share, and Trends 2024 to 2034

The global stationary energy storage market size is accounted at USD 66.58 billion in 2025 and is forecasted to hit around USD 450.52 billion by 2034, representing a CAGR of 23.67% from 2025 to 2034. The Asia Pacific market size was estimated at USD xx billion in 2024 and is expanding at a CAGR of xx% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1533
  • Category : Energy and Power

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Stationary Energy Storage Market 

5.1. COVID-19 Landscape: Stationary Energy Storage Industry Impact

5.2. COVID-19  Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Stationary Energy Storage Market, By Battery

8.1. Stationary Energy Storage Market, by Battery Type

8.1.1. Lithium Ion

8.1.1.1. Market Revenue and Forecast 

8.1.2. Sodium Sulphur

8.1.2.1. Market Revenue and Forecast 

8.1.3. Lead Acid

8.1.3.1. Market Revenue and Forecast 

8.1.4. Flow Battery

8.1.4.1. Market Revenue and Forecast 

Chapter 9. Global Stationary Energy Storage Market, By Application

9.1. Stationary Energy Storage Market, by Application

9.1.1. Grid Services

9.1.1.1. Market Revenue and Forecast 

9.1.2. Behind the Meter

9.1.2.1. Market Revenue and Forecast 

Chapter 10. Global Stationary Energy Storage Market, By Type of Energy Storage 

10.1. Stationary Energy Storage Market, by Type of Energy Storage

10.1.1. Hydrogen and Ammonia Storage

10.1.1.1. Market Revenue and Forecast 

10.1.2. Gravitational Energy Storage

10.1.2.1. Market Revenue and Forecast 

10.1.3. Compressed Air Energy Storage

10.1.3.1. Market Revenue and Forecast 

10.1.4. Liquid Air Storage

10.1.4.1. Market Revenue and Forecast 

10.1.5. Thermal Energy Storage

10.1.5.1. Market Revenue and Forecast 

Chapter 11. Global Stationary Energy Storage Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Battery 

11.1.2. Market Revenue and Forecast, by Application 

11.1.3. Market Revenue and Forecast, by Type of Energy Storage 

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Battery 

11.1.4.2. Market Revenue and Forecast, by Application 

11.1.4.3. Market Revenue and Forecast, by Type of Energy Storage 

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Battery 

11.1.5.2. Market Revenue and Forecast, by Application 

11.1.5.3. Market Revenue and Forecast, by Type of Energy Storage 

11.2. Europe

11.2.1. Market Revenue and Forecast, by Battery 

11.2.2. Market Revenue and Forecast, by Application 

11.2.3. Market Revenue and Forecast, by Type of Energy Storage 

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Battery 

11.2.4.2. Market Revenue and Forecast, by Application 

11.2.4.3. Market Revenue and Forecast, by Type of Energy Storage 

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Battery 

11.2.5.2. Market Revenue and Forecast, by Application 

11.2.5.3. Market Revenue and Forecast, by Type of Energy Storage 

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Battery 

11.2.6.2. Market Revenue and Forecast, by Application 

11.2.6.3. Market Revenue and Forecast, by Type of Energy Storage 

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Battery 

11.2.7.2. Market Revenue and Forecast, by Application 

11.2.7.3. Market Revenue and Forecast, by Type of Energy Storage 

11.3. APAC

11.3.1. Market Revenue and Forecast, by Battery 

11.3.2. Market Revenue and Forecast, by Application 

11.3.3. Market Revenue and Forecast, by Type of Energy Storage 

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Battery 

11.3.4.2. Market Revenue and Forecast, by Application 

11.3.4.3. Market Revenue and Forecast, by Type of Energy Storage 

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Battery 

11.3.5.2. Market Revenue and Forecast, by Application 

11.3.5.3. Market Revenue and Forecast, by Type of Energy Storage 

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Battery 

11.3.6.2. Market Revenue and Forecast, by Application 

11.3.6.3. Market Revenue and Forecast, by Type of Energy Storage 

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Battery 

11.3.7.2. Market Revenue and Forecast, by Application 

11.3.7.3. Market Revenue and Forecast, by Type of Energy Storage 

11.4. MEA

11.4.1. Market Revenue and Forecast, by Battery 

11.4.2. Market Revenue and Forecast, by Application 

11.4.3. Market Revenue and Forecast, by Type of Energy Storage 

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Battery 

11.4.4.2. Market Revenue and Forecast, by Application 

11.4.4.3. Market Revenue and Forecast, by Type of Energy Storage 

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Battery 

11.4.5.2. Market Revenue and Forecast, by Application 

11.4.5.3. Market Revenue and Forecast, by Type of Energy Storage 

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Battery 

11.4.6.2. Market Revenue and Forecast, by Application 

11.4.6.3. Market Revenue and Forecast, by Type of Energy Storage 

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Battery 

11.4.7.2. Market Revenue and Forecast, by Application 

11.4.7.3. Market Revenue and Forecast, by Type of Energy Storage 

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Battery 

11.5.2. Market Revenue and Forecast, by Application 

11.5.3. Market Revenue and Forecast, by Type of Energy Storage 

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Battery 

11.5.4.2. Market Revenue and Forecast, by Application 

11.5.4.3. Market Revenue and Forecast, by Type of Energy Storage 

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Battery 

11.5.5.2. Market Revenue and Forecast, by Application 

11.5.5.3. Market Revenue and Forecast, by Type of Energy Storage 

Chapter 12. Company Profiles

12.1. Tesla

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Durapower

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Exide Technologies

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Duracell

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Toshiba Corporation

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Panasonic Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Samsung SDI

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Johnson Controls

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Philips

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Hoppecke Batteries

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global stationary energy storage market size was valued at USD 53.84 billion in 2024 and is anticipated to hit USD 450.52 billion by 2034.

The global stationary energy storage market is expected to drive growth at a CAGR of 23.67% from 2025 to 2034.

The major players operating in the stationary energy storage market are Tesla, Durapower, Exide Technologies, Duracell, Toshiba Corporation, Panasonic Corporation, Samsung SDI, Johnson Controls, Philips, Hoppecke Batteries.

Increased renewable energy investments, global expansion in the electric vehicle sector, and regulatory changes requiring energy efficiency are all contributing to the growth of the stationary energy storage market.

Asia Pacific dominated the stationary energy storage market in 2024 and will lead the market in near future.

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