Grid Scale Battery Storage Market Report 2025 (Global Edition)

Global Grid Scale Battery Storage Market Report 2025 Market Size Split by Type (Lithium-ion, Lead Acid, Others), by Application (Renewable Integration, Ancillary Services, Others), by End Use (Utility...

Grid Scale Battery Storage Market Report Description

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Impact of Trumph Tariff on Energy and Power Industry

In 2025, global trade entered a turbulent phase as the U.S., under President Donald Trump, introduced aggressive "Liberation Day Tariffs" to address trade imbalances. These tariffs, ranging from 10% to 46%, heavily impacted the energy and power sector, which relies on global supply chains for critical components like rare earth metals, solar panels, wind turbines, and lithium. The U.S.–China trade war escalated, with reciprocal tariffs and China's trade surplus with the U.S. reaching USD 102.6 billion. Retaliatory tariffs from the EU and Canada further disrupted energy supply chains, raising material costs and causing delays in key projects.

The U.S. imposed a 20% tariff on rare earths, impacting EVs and clean tech; 25% on solar panels, increasing installation costs; 15–25% on wind turbine parts, affecting project timelines; and 10–15% on oil and gas equipment, pushing producers to rethink supply networks. Sub-sectors like renewables, EVs, oil & gas, and power generation are all experiencing rising costs, supply bottlenecks, and delayed investments. For instance, solar and wind projects now face 10–30% higher costs, and EV producers are struggling with battery input inflation.

China remains central to the U.S. energy supply chain, with even indirect imports via countries like Vietnam and Malaysia tightly linked to Chinese inputs. As a result, U.S. energy firms are exploring alternative sourcing from Southeast Asia, Latin America, and domestic production to reduce exposure. However, switching suppliers requires significant investment, coordination, and time.

In this volatile environment, market research is critical. It helps energy firms map supplier risks, track price trends, and explore alternative sourcing. It enables supply chain optimization through AI and predictive analytics, while regulatory tracking and scenario planning allow companies to anticipate future disruptions. Energy firms like NextEra and First Solar are responding by diversifying suppliers, investing in local production, and leveraging digital tools to improve procurement and adapt to tariff-driven challenges. Those using data-driven strategies and flexible operations are best positioned to thrive amid rising trade tensions.

Grid Scale Battery Storage Market Insights Video

Competitive Landscape of the Grid Scale Battery Storage Market

The grid-scale battery storage market is fiercely competitive, with Tesla, BYD, Samsung SDI, LG Energy Solution, and Siemens Energy among the top players. To increase energy efficiency and capacity, these businesses concentrate on advancements in battery technology, such as flow and lithium-ion cells. The increasing need for grid stabilization and integration of renewable energy has led to a number of significant firms expanding their market position through strategic alliances, mergers, and acquisitions.

In September 2022, Redflow and the University of Queensland worked together at the Deakin University-run Australian Research Council (ARC) Research Hub for Safe and Reliable Energy Storage. The goal of the research project "Extending Flow Battery Operation" is to expand on the operational features of the Zinc Bromine Module (ZBM) by gaining a deeper understanding of the chemistry of the electrolyte and electrode materials. (Source:https://redflow.com/project/redflow-to-collaborate-with-the-university-of-queensland-to-lower-battery-storage-costs) In August 2022, Toho Gas Co., Ltd. placed an order with NGK Insulators, LTD., for NAS batteries for electrical power storage, with the intention of using them for grid storage. (Source: https://www.ngk-insulators.com/en/news/20220819_1.html) In June 2022, KORE Power announced that it would supply batteries for Ecotricity and ABB's 10 MW/20 MWh battery storage project. The project's primary purpose is to move the UK's national grid closer to its net-zero target by 2050. To stabilize the grid and provide an efficient means of capturing clean energy, ABB's BESS would be installed at Ecotricity's current 6.9 MW wind farm in Gloucestershire in 2023. (Source: https://korepower.com/media/kore-power-selected-to-supply-batteries-for-20-mwh-storage-partnership-in-uk-between-abb-and-ecotricity) In April 2021, Atlas Renewable Energy and Hitachi ABB Power Grids will collaborate to develop and implement Battery Energy Storage Systems (BESS) at the utility-scale for Atlas' renewable energy projects. Atlas Renewable Energy is a major renewable energy provider in the Americas. (Source:https://es.atlasrenewableenergy.com/atlas-renewable-energy-partners-with-hitachi-abb-power-grids-to-integrate-battery-energy-storage-systems-in-renewable-projects/)

Top Companies Market Share in Grid Scale Battery Storage Industry: (In no particular order of Rank)

• LG Chem (South Korea)
• Samsung (South Korea)
• Tesla (US)
• BYD Company (China)
• Panasonic (Japan)
• Fluence (US)
• ABB (Switzerland)
• Toshiba (Japan)
• Saft (France)
• GE (US)
• GS Yuasa (Japan)
• NGK Insulators (Japan)
• S&C Electric (US)
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Regional Analysis of the Grid Scale Battery Storage Market

Which Region Dominates the Grid Scale Battery Storage Market in 2024?

According to Cognitive Market Research, North America currently dominates the Grid Scale Battery Storage market, and the region is expected to have significant growth during the projected period. Grid modernization initiatives, rising renewable energy use, and government regulations that encourage it are all expected to propel the Grid Scale Battery Storage Market's expansion in North America. The United States is leading the region in energy storage project investments to facilitate the integration of solar and wind power. Utilities are encouraged to install large-scale battery storage systems through federal incentives, state-level regulations, and carbon reduction objectives. Additionally, as a result of the expanding requirement for peak demand management, energy security, and system stability. North America is positioned as a major driver of market expansion due to the region's advanced technological advancements and well-developed energy infrastructure.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Because of its rapid industrialization, urbanization, and rising energy consumption, the Asia Pacific area is expected to be a major driver of the expansion of the grid-scale battery storage market. In order to promote clean energy transitions and improve grid stability, nations such as China, India, and Japan are spearheading investments in energy storage and renewable energy technologies. Adoption is being accelerated by government initiatives that support energy security and by falling battery prices. Asia Pacific is positioned as a major participant in the global energy landscape due to its focus on lowering carbon emissions and increasing energy efficiency, which makes the area an important market for large-scale battery storage solutions.

The current report Scope analyzes Grid Scale Battery Storage Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Grid Scale Battery Storage Market Analysis

According to Cognitive Market Research, the global Grid Scale Battery Storage market size was estimated at USD 10251.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 4100.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.4% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Grid Scale Battery Storage market with a market size of USD 3235.28 million in 2024 and is projected to grow at a CAGR of 32.2% during the forecast period. In the United States, investment in storage systems is driven by a growing emphasis on grid resilience and dependability.
• The Canada Grid Scale Battery Storage market had a market share of USD 492.06 million in 2024 and is projected to grow at a CAGR of 33.2% during the forecast period. In Canada, the adoption of battery storage for renewable energy sources is encouraged by a commitment to lowering greenhouse gas emissions.
• The Mexico Grid Scale Battery Storage market is projected to witness growth at a CAGR of 32.9% during the forecast period, with a market size of USD 373.14 million in 2024.

Europe Grid Scale Battery Storage Market Analysis

According to Cognitive Market Research, the global Grid Scale Battery Storage market size was estimated at USD 10251.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3075.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.7% from 2024 to 2031.

• The United Kingdom Grid Scale Battery Storage market had a market share of USD 516.66 million in 2024 and is projected to grow at a CAGR of 33.5% during the forecast period. In the UK, the development and implementation of battery storage schemes are facilitated by favorable laws.
• The France Grid Scale Battery Storage market is projected to witness growth at a CAGR of 31.9% during the forecast period, with a market size of USD 282.93 million in 2024.
• According to Cognitive Market Research, the German Grid Scale Battery Storage market size was valued at USD 608.92 million in 2024 and is projected to grow at a CAGR of 32.9% during the forecast period. The expansion of the market is driven by Germany's focus on innovative battery technology.
• The Italy Grid Scale Battery Storage market is projected to witness growth at a CAGR of 32.1% during the forecast period, with a market size of USD 264.48 million in 2024.
• The Russia Grid Scale Battery Storage market is projected to witness growth at a CAGR of 31.7% during the forecast period, with a market size of USD 476.68 million in 2024.
• The Spain Grid Scale Battery Storage market is projected to witness growth at a CAGR of 31.8% during the forecast period with a market size of USD 252.18 million in 2024
• The Luxembourg Grid Scale Battery Storage market is projected to witness growth at a CAGR of 32.8% during the forecast period, with a market size of USD 95.34 million in 2024.
• The Portugal Grid Scale Battery Storage market is projected to witness growth at a CAGR of 32.5% during the forecast period, with a market size of USD 64.58 million in 2024.
• The Greece Grid Scale Battery Storage market is projected to witness growth at a CAGR of 33.0% during the forecast period, with a market size of USD 36.90 million in 2024.
• The Rest of Europe's Grid Scale Battery Storage market is projected to witness growth at a CAGR of 31.4% during the forecast period, with a market size of USD 476.68 million in 2024.

Asia Pacific Grid Scale Battery Storage Market Analysis

According to Cognitive Market Research, the global Grid Scale Battery Storage market size was estimated at USD 10251.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2357.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 36.2% from 2024 to 2031.

• According to Cognitive Market Research, the China Grid Scale Battery Storage market size was valued at USD 1061.00 million in 2024 and is projected to grow at a CAGR of 35.7% during the forecast period. Grid Scale Battery Storage sales surged in China due to the growing popularity of electric vehicle (EV) usage, promoting the construction of battery-storage-backed charging infrastructure.
• The Japan Grid Scale Battery Storage market is projected to witness growth at a CAGR of 34.7% during the forecast period, with a market size of USD 325.37 million in 2024.
• The India Grid Scale Battery Storage market had a market share of USD 282.93 million in 2024 and is projected to grow at a CAGR of 38.0% during the forecast period. In India, the need for storage solutions grows as solar and wind energy projects expand quickly.
• The South Korean Grid Scale Battery Storage market is projected to witness growth at a CAGR of 35.3% during the forecast period, with a market size of USD 235.78 million in 2024.
• The Australian Grid Scale Battery Storage market is projected to witness growth at a CAGR of 35.9% during the forecast period, with a market size of USD 122.60 million in 2024.
• The South East Asia Grid Scale Battery Storage market is projected to witness growth at a CAGR of 37.2% during the forecast period, with a market size of USD 162.69 million in 2024.
• The Rest of Asia Pacific Grid Scale Battery Storage market is projected to witness growth at a CAGR of 36.0% during the forecast period, with a market size of USD 167.40 million in 2024.

South America Grid Scale Battery Storage Market Analysis

According to Cognitive Market Research, the global Grid Scale Battery Storage market size was estimated at USD 10251.2 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 512.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.6% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Grid Scale Battery Storage market size was valued at USD 219.38 million in 2024 and is projected to grow at a CAGR of 34.2% during the forecast period. Grid Scale Battery Storage flourished in Brazil because the management of the seasonal variations in the production of hydroelectric power is aided by battery storage.
• Argentina's Grid Scale Battery Storage market had a market share of USD 86.11 million in 2024 and is projected to grow at a CAGR of 34.5% during the forecast period. In Argentina, energy efficiency and cost reduction are two benefits of battery storage for the energy industry.
• Colombia Grid Scale Battery Storage market is projected to witness growth at a CAGR of 33.4% during the forecast period, with a market size of USD 45.62 million in 2024.
• Peru Grid Scale Battery Storage market is projected to witness growth at a CAGR of 33.8% during the forecast period, with a market size of USD 42.03 million in 2024.
• Chile's Grid Scale Battery Storage market is projected to witness growth at a CAGR of 33.9% during the forecast period, with a market size of USD 36.90 million in 2024.
• The Rest of Latin America's Grid Scale Battery Storage market is projected to witness growth at a CAGR of 32.7% during the forecast period, with a market size of USD 82.52 million in 2024.

Middle East Grid Scale Battery Storage Market Analysis

According to Cognitive Market Research, the global Grid Scale Battery Storage market size was estimated at USD 10251.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 205.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 33.9% from 2024 to 2031.

• The GCC Countries Grid Scale Battery Storage market is projected to witness growth at a CAGR of 34.7% during the forecast period, with a market size of USD 87.75 million in 2024. Grid Scale, Battery Storage sales, flourish in GCC countries due to investments in renewable energy and energy storage being made by these countries in an effort to reduce their dependency on fossil fuels.
• The Egypt Grid Scale Battery Storage market is projected to witness growth at a CAGR of 34.2% during the forecast period, with a market size of USD 21.53 million in 2024.
• The South Africa Grid Scale Battery Storage market is projected to witness growth at a CAGR of 34.9% during the forecast period, with a market size of USD 32.39 million in 2024. Battery storage solutions are urgently required because of ongoing power outages and load shedding in South Africa.
• The Turkey Grid Scale Battery Storage market is projected to witness growth at a CAGR of 33.4% during the forecast period, with a market size of USD 17.63 million in 2024.
• The Nigeria Grid Scale Battery Storage market is projected to witness growth at a CAGR of 33.0% during the forecast period, with a market size of USD 21.53 million in 2024.
• The Rest of the MEA Grid Scale Battery Storage market is projected to witness growth at a CAGR of 32.9% during the

  Grid Scale Battery Storage Market Analysis

  Global Grid Scale Battery Storage Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Grid Scale Battery Storage Industry growth. Grid Scale Battery Storage market has been segmented with the help of its Type, Application End Use, and others. Grid Scale Battery Storage market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.

  Grid Scale Battery Storage Market Type Segment Analysis

  According to Cognitive Market Research, lithium-ion is likely to dominate the Grid Scale Battery Storage Market over the forecast period. Because of its high energy density, efficiency, and reduced expenses, lithium-ion batteries are the market leader in grid-scale battery storage. These batteries work especially well for backup power during peak loads, integrating renewable energy sources, and balancing supply and demand. They improve stability and dependability in grid applications because of their high cycle life and fast response times. As technology develops, lithium-ion batteries become increasingly widely used in utility-scale projects throughout the world, especially in North America and Asia Pacific. This is because they are becoming more economical and scalable.

  Lead acid is the fastest-growing segment in the Grid Scale Battery Storage Market. Because of their proven technology, dependability, and affordability, lead-acid batteries are used in the grid-scale battery storage market. Lead-acid battery systems are quite common for grid stabilization, backup power, and frequency regulation, even though their energy density is lower than that of lithium-ion batteries. Their versatility in meeting diverse energy storage requirements stems from their strong deep cycle performance and capacity to withstand elevated discharge rates. A dependable alternative to more modern technology, lead-acid batteries are also frequently utilized in hybrid systems, especially in areas with little funding or where preexisting infrastructure is present.

  Grid Scale Battery Storage Market Share (%) by Type in 2021-2033

  The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Grid Scale Battery Storage Industry. Request a Free Sample PDF!

  Grid Scale Battery Storage Market Application Segment Analysis

  According to Cognitive Market Research, the ancillary services segment holds the largest share of the market. Ancillary services in the grid-scale battery storage market are essential to preserving system stability and dependability. Services like voltage support, spinning reserves, and frequency regulation offered by battery storage systems aid in the real-time balancing of supply and demand. These devices improve grid resilience and avert outages by reacting swiftly to variations in electricity consumption. By controlling intermittency and guaranteeing a steady supply of electricity, they also make the incorporation of renewable energy sources easier. The supplementary services offered by battery storage systems are becoming more and more important as the demand for dependable electricity rises.

  In the Grid Scale Battery Storage Market, the category of renewable integration has been growing quickly. Renewable integration is a crucial application in the grid-scale battery storage market that increases the efficiency of clean energy sources, such as wind and solar. Battery storage systems ensure a steady and dependable power supply by storing surplus energy produced during times of peak production and discharging it during periods of low generation. More reliance on clean energy sources is made possible by this capacity, which lessens the intermittent nature of renewable energy sources. Resilient energy infrastructure will increasingly depend on integrating renewable energy sources and battery storage as nations work toward their energy transition and carbon reduction targets.

  Grid Scale Battery Storage Market Share (%) by Application in 2021-2033

  2021

  2025

  2033

  The above Graph is for representation purposes only. This chart does not depict actual Market share.

  To learn more about market share request the free sample pages.

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  Grid Scale Battery Storage End Use Segment Analysis

  Grid Scale Battery Storage Market End-Use Segment Analysis

  According to Cognitive Market Research, the utility segment holds the largest market share. Utility end-users are the main market drivers for grid-scale battery storage. Utilities install enormous battery storage systems in order to reduce peak demand, maintain grid stability, and provide backup power. With the help of these devices, utilities may maximize operational efficiency and cut costs by storing energy at off-peak hours and releasing it during periods of high demand. Utility companies can successfully balance supply and demand thanks to battery storage's assistance for renewable energy integration. Utilities are investing more in grid-scale battery solutions as there is a growing demand for dependable and resilient energy infrastructure.

  Commercial is anticipated to be the fastest-growing segment in the Grid Scale Battery Storage market. The commercial segment of the grid-scale battery storage market is growing as companies look to save expenses and improve energy efficiency. Commercial buildings use battery storage systems to store extra energy during off-peak hours, control peak demand costs, and guarantee a steady supply of electricity during blackouts. Additionally, these technologies facilitate the integration of renewable energy sources, enabling enterprises to make more efficient use of clean energy. The commercial sector is anticipated to increase its use of grid-scale battery storage, which will contribute to the broader market expansion as businesses place a higher priority on energy resilience and sustainability.

  • Utility
  • Commercial
  • Residential

  Author's Detail

  Vinayak Bali

  Senior Research Analyst at Cognitive Market Research

  LinkedIn

  Profile

  Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

  Bio :

  Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.

  I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.

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  Author's Conclusion

  Conclusion

  • The global Grid Scale Battery Storage market will expand significantly by 34.20% CAGR between 2024 and 2031.
  • The Grid Scale Battery Storage Market makes extensive use of lithium-ion batteries due to their rapid response times, efficiency, and great energy density, which facilitate efficient integration of renewable energy sources and maintain grid stability.
  • The provision of frequency regulation, voltage support, and backup power, together with the facilitation of renewable energy integration, are ancillary services that improve grid stability in the grid-scale battery storage market.

  Frequently Asked Questions (FAQs)

  What is the market size for the Grid Scale Battery Storage market in 2024?

  The global market size for Grid Scale Battery Storage in 2024 is USD 10251.2 million.

  What is the growth rate for the Grid Scale Battery Storage market over the forecast period?

  The global Grid Scale Battery Storage market is expected to grow with a CAGR of 34.20% over the projected period.

  Which is the leading region of the market for Grid Scale Battery Storage?

  North America held a significant global Grid Scale Battery Storage market revenue share in 2024.

  Which region is projected to detect the fastest growth in the Grid Scale Battery Storage market over the forecast period?

  Asia-Pacific will witness the fastest growth of the global Grid Scale Battery Storage market over the coming years.

  Which country will be leading in the Grid Scale Battery Storage market in 2024?

  The US had the most significant global Grid Scale Battery Storage market revenue share in 2024.

  What are the key drivers for the growth of the Grid Scale Battery Storage market?

  The main drivers of the growth of the Grid Scale Battery Storage market are the need for localized grid storage solutions for energy optimization, which has increased with the growth of decentralized energy systems, such as distributed generation and microgrids, and the demand for backup power solutions.

  Which is the significant Grid Scale Battery Storage market segment by type?

  The lithium-ion category dominates the market.