The global energy storage as a service market size is calculated at USD 2.05 billion in 2025 and is forecasted to reach around USD 5.17 billion by 2034, accelerating at a CAGR of 10.82% from 2025 to 2034. The North America market size surpassed USD 760 million in 2024 and is expanding at a CAGR of 10.96% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
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
5.1. COVID-19 Landscape: Energy Storage as a Service 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
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
8.1. Energy Storage as a Service Market, by Services Type
8.1.1. Bulk energy services
8.1.1.1. Market Revenue and Forecast
8.1.2. Ancillary services
8.1.2.1. Market Revenue and Forecast
8.1.3. Transmission infrastructure services
8.1.3.1. Market Revenue and Forecast
8.1.4. Distribution infrastructure services
8.1.4.1. Market Revenue and Forecast
8.1.5. Customer energy management services
8.1.5.1. Market Revenue and Forecast
8.1.6. Others
8.1.6.1. Market Revenue and Forecast
9.1. Energy Storage as a Service Market, by End User
9.1.1. Utility
9.1.1.1. Market Revenue and Forecast
9.1.2. Industrial, residential and commercial
9.1.2.1. Market Revenue and Forecast
10.1. Energy Storage as a Service Market, by Component
10.1.1. Energy Storage System
10.1.1.1. Market Revenue and Forecast
10.1.2. Control and Monitoring System
10.1.2.1. Market Revenue and Forecast
10.1.3. Service Contract
10.1.3.1. Market Revenue and Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Services
11.1.2. Market Revenue and Forecast, by End User
11.1.3. Market Revenue and Forecast, by Component
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Services
11.1.4.2. Market Revenue and Forecast, by End User
11.1.4.3. Market Revenue and Forecast, by Component
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Services
11.1.5.2. Market Revenue and Forecast, by End User
11.1.5.3. Market Revenue and Forecast, by Component
11.2. Europe
11.2.1. Market Revenue and Forecast, by Services
11.2.2. Market Revenue and Forecast, by End User
11.2.3. Market Revenue and Forecast, by Component
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Services
11.2.4.2. Market Revenue and Forecast, by End User
11.2.4.3. Market Revenue and Forecast, by Component
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Services
11.2.5.2. Market Revenue and Forecast, by End User
11.2.5.3. Market Revenue and Forecast, by Component
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Services
11.2.6.2. Market Revenue and Forecast, by End User
11.2.6.3. Market Revenue and Forecast, by Component
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Services
11.2.7.2. Market Revenue and Forecast, by End User
11.2.7.3. Market Revenue and Forecast, by Component
11.3. APAC
11.3.1. Market Revenue and Forecast, by Services
11.3.2. Market Revenue and Forecast, by End User
11.3.3. Market Revenue and Forecast, by Component
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Services
11.3.4.2. Market Revenue and Forecast, by End User
11.3.4.3. Market Revenue and Forecast, by Component
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Services
11.3.5.2. Market Revenue and Forecast, by End User
11.3.5.3. Market Revenue and Forecast, by Component
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Services
11.3.6.2. Market Revenue and Forecast, by End User
11.3.6.3. Market Revenue and Forecast, by Component
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Services
11.3.7.2. Market Revenue and Forecast, by End User
11.3.7.3. Market Revenue and Forecast, by Component
11.4. MEA
11.4.1. Market Revenue and Forecast, by Services
11.4.2. Market Revenue and Forecast, by End User
11.4.3. Market Revenue and Forecast, by Component
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Services
11.4.4.2. Market Revenue and Forecast, by End User
11.4.4.3. Market Revenue and Forecast, by Component
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Services
11.4.5.2. Market Revenue and Forecast, by End User
11.4.5.3. Market Revenue and Forecast, by Component
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Services
11.4.6.2. Market Revenue and Forecast, by End User
11.4.6.3. Market Revenue and Forecast, by Component
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Services
11.4.7.2. Market Revenue and Forecast, by End User
11.4.7.3. Market Revenue and Forecast, by Component
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Services
11.5.2. Market Revenue and Forecast, by End User
11.5.3. Market Revenue and Forecast, by Component
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Services
11.5.4.2. Market Revenue and Forecast, by End User
11.5.4.3. Market Revenue and Forecast, by Component
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Services
11.5.5.2. Market Revenue and Forecast, by End User
11.5.5.3. Market Revenue and Forecast, by Component
12.1. Siemens Energy
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Honeywell International Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. ENGIE Storage Services NA LLC
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Veolia
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. NRStor Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. YSG Solar
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Suntuity
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Hydrostor Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Customized Energy Solutions Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Johnson Controls
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
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