Global Grid-Scale Battery Market Growth 2022-2028

As the global economy mends, the 2021 growth of Grid-Scale Battery will have significant change from previous year. According to our researcher latest study, the global Grid-Scale Battery market size is USD million in 2022 from USD 1189.8 million in 2021, with a change of % between 2021 and 2022. The global Grid-Scale Battery market size will reach USD 6777.8 million in 2028, growing at a CAGR of 28.2% over the analysis period.

The United States Grid-Scale Battery market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Grid-Scale Battery market, reaching US$ million by the year 2028. As for the Europe Grid-Scale Battery landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.

Global main Grid-Scale Battery players cover LG Chem, Samsung Sdi, Panasonic, and Fluence Energy, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

This report presents a comprehensive overview, market shares, and growth opportunities of Grid-Scale Battery market by product type, application, key manufacturers and key regions and countries.

Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6

Lithium-Ion

Lead Acid

Flow

Sodium Based

Others

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.

Renewable Integration

Peak Shift

Ancillary Services

Back-up Power

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include

LG Chem

Samsung Sdi

Panasonic

Fluence Energy

Tesla

BYD

ABB

GE

GS Yuasa

Toshiba

Saft Groupe

S&C Electric

NGK Insulators


Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

Please Select a Format

market Reports market Reports