배터리 에너지 저장(BESS) 시장 - 규모, 점유율, 성장률, 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of battery energy storage (BESS) Market

The global battery energy storage (BESS) market is witnessing rapid growth as countries and organizations aim to transition toward low-carbon and renewable energy solutions. Battery energy storage systems store electricity generated from renewable sources such as solar and wind, enabling consistent supply even during peak load or low generation periods. The increasing adoption of electric grids, renewable power projects, and utility-scale storage solutions is driving the demand for battery energy storage worldwide.

Market Size and Forecast

The global BESS market was valued at USD 32.62 billion in 2025, is projected to reach USD 40.45 billion in 2026, and is expected to expand significantly to USD 161.12 billion by 2034, exhibiting a CAGR of 18.86% during the forecast period. In 2025, Asia Pacific dominated the market with a 34.29% share, supported by increasing electrification goals, grid modernization projects, and rising renewable energy adoption. Key industry players include Siemens, LG Energy Solution, Samsung SDI, Hitachi, GE, Total, and Fluence, offering advanced energy storage solutions tailored for utilities, industries, and commercial sectors.

Market Dynamics

Market Drivers:

1. Shift Toward Low-Carbon Energy: Governments and organizations are reducing reliance on fossil fuels, prompting the deployment of cleaner alternatives such as renewable energy and BESS. For example, RWE Group in Germany decommissioned the Emsland nuclear plant in April 2023 and invested in a 220 MW BESS project, commissioned in 2024.

2. Grid-Scale Energy Storage Adoption: BESS is essential to balance intermittent renewable energy supply and fluctuating electricity demand. These systems optimize renewable energy integration, improve grid stability, and enable utilities to reduce dependence on gas-fired power plants.

Market Opportunities:

Rising energy demand globally, especially in developing nations, has created significant opportunities for BESS. For instance, in June 2020, NTPC Limited in India announced plans to deploy approximately 1 GWh of BESS across its grid-scale facilities.

Market Challenges:

The BESS market faces raw material supply issues, particularly for lithium, cobalt, and nickel, which are critical for lithium-ion batteries. Geopolitical factors, mining challenges, and environmental regulations can constrain material availability and increase production costs.

Market Restraints:

High initial capital investments remain a key barrier, with installed costs for large-scale BESS ranging from USD 2,000 to 3,300 per kW. However, advancements in technology and economies of scale are expected to reduce costs significantly by 2030.

Market Trends

1. Advanced Product Launches: Companies are continuously innovating to increase energy density and operational efficiency. For instance, in March 2021, Tesvolt launched its TS-I HV 80 battery line, targeting commercial load management.

2. COVID-19 Impact: While the pandemic initially disrupted supply chains and industrial demand, post-pandemic stimulus and renewable energy projects have accelerated BESS deployment worldwide. For example, ABB collaborated with Zenobe Energy in August 2020 to provide a 25 kV rail traction system powered by batteries in the U.K.

Segment Analysis

By Type:

• Lithium-ion batteries dominate with 99.33% market share in 2025, driven by grid-scale and utility projects.
• Lead-acid and flow batteries are also used, with lead-acid projected to grow at CAGR 7.72% during 2025-2032.

By Connectivity:

• Off-grid BESS leads with 61.68% share in 2026, due to large-scale deployment in remote and rural electrification projects.
• On-grid BESS is growing steadily at a CAGR of 18.52%.

By Application:

• Utility segment is dominant (46.28% share in 2025) due to large-scale renewable integration and grid expansion.
• Residential and non-residential segments are steadily growing as solar and industrial power installations increase.

By Ownership:

• Utility-owned BESS leads with 46.53% market share in 2026 due to government investments and renewable energy policies.
• Customer-owned segment is growing at CAGR 21.26%.

By Capacity:

• Large-scale BESS (>1 MW) leads with 69.93% share in 2025, reflecting adoption in utility and industrial projects.
• Small-scale BESS (<1 MW) is expected to grow at CAGR 18.60%.

Regional Outlook

Asia Pacific:

• Market valued at USD 17.31 billion in 2025; major contributors include China, Japan, South Korea, and India.
• China dominates the market, controlling ~80% of global lithium cells, with projected market size USD 18.94 billion in 2026.

North America:

• Second-largest market, projected at USD 14.23 billion in 2026, with the U.S. at USD 13.76 billion. Growth is driven by BESS adoption in utilities and alternative battery research.

Europe:

• Projected market size USD 4.73 billion in 2026, led by the U.K. (USD 2.49 billion) and Germany (USD 1.97 billion). Policies to integrate renewable energy and grid modernization support growth.

Rest of the World:

• Predicted at USD 0.14 billion in 2025, with growing economies like Brazil, Mexico, Saudi Arabia, and South Africa showing BESS potential.

Competitive Landscape

Key players include LG Energy Solution, Samsung SDI, Siemens Energy, GE, Hitachi, Total, Fluence, and Narada. Companies focus on R&D, grid-scale installations, and vertical integration to enhance their market position. Recent developments include LG Energy Solution's lithium supply chain expansion (Feb 2024) and Spearmint Energy's 300 MW BESS project in Texas (Jan 2024).

Conclusion

The global battery energy storage market is set to grow from USD 32.62 billion in 2025 to USD 161.12 billion by 2034, at a CAGR of 18.86%, driven by the adoption of lithium-ion batteries, grid-scale energy storage, renewable energy integration, and technological advancements. Asia Pacific dominates the market, followed by North America and Europe. Despite challenges like raw material shortages and high initial costs, continued investment, technological innovation, and government support are expected to sustain growth and transform the global energy storage landscape.

Unit Value (USD Billion) and Volume (MW)

Segmentation By Type, Connectivity, Application, Ownership, Capacity, and Region

Segmentation By Type

• Lithium-ion Battery
• Lead Acid Battery
• Flow Battery
• Others

By Connectivity

• Off-Grid
• On-Grid

By Application

• Residential
• Non-Residential
• Utility
• Others

By Ownership

• Customer Owned
• Third-Party Owned
• Utility Owned

By Capacity

• Small Scale (Less than 1 MW)
• Large Scale (Greater than 1 MW)

By Region

• North America (By Type, Connectivity, Application, Ownership, Capacity, and Country)
  • U.S. (By Type)
  • Canada (By Type)
• Europe (By Type, Connectivity, Application, Ownership, Capacity, and Country)
  • U.K. (By Type)
  • Germany (By Type)
  • Italy (By Type)
  • Rest of Europe (By Type)
• Asia Pacific (By Type, Connectivity, Application, Ownership, Capacity, and Country)
  • China (By Type)
  • Japan (By Type)
  • Australia (By Type)
  • South Korea (By Type)
  • Rest of Asia Pacific (By Type)
• Rest of the World (By Type, Connectivity, Application, Ownership, and Capacity)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Emerging Trends - For Major Countries
• 4.2. Latest Technological Advancement
• 4.3. Insights on Regulatory Scenario
• 4.4. Porters Five Forces Analysis
• 4.5. Value Chain Analysis
• 4.6. Impact of COVID-19 on the Battery Energy Storage Market

5. Global Battery Energy Storage Market Analysis (MW, USD Billion), Insights and Forecast, 2021-2034

• 5.1. Key Findings / Summary
• 5.2. Market Analysis, Insights and Forecast - By Type
  • 5.2.1. Lithium-Ion Battery
  • 5.2.2. Lead Acid Battery
  • 5.2.3. Flow Battery
  • 5.2.4. Others
• 5.3. Market Analysis, Insights and Forecast - By Connectivity
  • 5.3.1. Off-Grid
  • 5.3.2. On-Grid
• 5.4. Market Analysis, Insights and Forecast - By Application
  • 5.4.1. Residential
  • 5.4.2. Non-Residential
  • 5.4.3. Utility
  • 5.4.4. Others
• 5.5. Market Analysis, Insights and Forecast - By Ownership
  • 5.5.1. Customer-Owned
  • 5.5.2. Third-Party Owned
  • 5.5.3. Utility-Owned
• 5.6. Market Analysis, Insights and Forecast - By Capacity
  • 5.6.1. Small Scale (Less than 1 MW)
  • 5.6.2. Large Scale (Greater Than 1 MW)
• 5.7. Market Analysis, Insights and Forecast - By Region
  • 5.7.1. North America
  • 5.7.2. Europe
  • 5.7.3. Asia Pacific
  • 5.7.4. Rest of the World

6. North America Battery Energy Storage Market Analysis (MW, USD Billion), Insights and Forecast, 2021-2034

• 6.1. Key Findings / Summary
• 6.2. Market Analysis, Insights and Forecast - By Type
  • 6.2.1. Lithium-Ion Battery
  • 6.2.2. Lead Acid Battery
  • 6.2.3. Flow Battery
  • 6.2.4. Others
• 6.3. Market Analysis, Insights and Forecast - By Connectivity
  • 6.3.1. Off-Grid
  • 6.3.2. On-Grid
• 6.4. Market Analysis, Insights and Forecast - By Application
  • 6.4.1. Residential
  • 6.4.2. Non-Residential
  • 6.4.3. Utility
  • 6.4.4. Others
• 6.5. Market Analysis, Insights and Forecast - By Ownership
  • 6.5.1. Customer-Owned
  • 6.5.2. Third-Party Owned
  • 6.5.3. Utility-Owned
• 6.6. Market Analysis, Insights and Forecast - By Capacity
  • 6.6.1. Small Scale (Less than 1 MW)
  • 6.6.2. Large Scale (Greater Than 1 MW)
• 6.7. Market Analysis, Insights and Forecast - By Country
  • 6.7.1. United Market Analysis, Insights and Forecast - By Type
    • 6.7.1.1. Lithium-Ion Battery
    • 6.7.1.2. Lead Acid Battery
    • 6.7.1.3. Flow Battery
    • 6.7.1.4. Others
  • 6.7.2. Canada Market Analysis, Insights and Forecast - By Type
    • 6.7.2.1. Lithium-Ion Battery
    • 6.7.2.2. Lead Acid Battery
    • 6.7.2.3. Flow Battery
    • 6.7.2.4. Others

7. Europe Battery Energy Storage Market Analysis (MW, USD Billion), Insights and Forecast, 2021-2034

• 7.1. Key Findings / Summary
• 7.2. Market Analysis, Insights and Forecast - By Type
  • 7.2.1. Lithium-Ion Battery
  • 7.2.2. Lead Acid Battery
  • 7.2.3. Flow Battery
  • 7.2.4. Others
• 7.3. Market Analysis, Insights and Forecast - By Connectivity
  • 7.3.1. Off-Grid
  • 7.3.2. On-Grid
• 7.4. Market Analysis, Insights and Forecast - By Application
  • 7.4.1. Residential
  • 7.4.2. Non-Residential
  • 7.4.3. Utility
  • 7.4.4. Others
• 7.5. Market Analysis, Insights and Forecast - By Ownership
  • 7.5.1. Customer-Owned
  • 7.5.2. Third-Party Owned
  • 7.5.3. Utility-Owned
• 7.6. Market Analysis, Insights and Forecast - By Capacity
  • 7.6.1. Small Scale (Less than 1 MW)
  • 7.6.2. Large Scale (Greater Than 1 MW)
• 7.7. Market Analysis, Insights and Forecast - By Country
  • 7.7.1. United Kingdom Market Analysis, Insights and Forecast - By Type
    • 7.7.1.1. Lithium-Ion Battery
    • 7.7.1.2. Lead Acid Battery
    • 7.7.1.3. Flow Battery
    • 7.7.1.4. Others
  • 7.7.2. Germany Market Analysis, Insights and Forecast - By Type
    • 7.7.2.1. Lithium-Ion Battery
    • 7.7.2.2. Lead Acid Battery
    • 7.7.2.3. Flow Battery
    • 7.7.2.4. Others
  • 7.7.3. Italy Market Analysis, Insights and Forecast - By Type
    • 7.7.3.1. Lithium-Ion Battery
    • 7.7.3.2. Lead Acid Battery
    • 7.7.3.3. Flow Battery
    • 7.7.3.4. Others
  • 7.7.4. Rest of Europe Market Analysis, Insights and Forecast - By Type
    • 7.7.4.1. Lithium-Ion Battery
    • 7.7.4.2. Lead Acid Battery
    • 7.7.4.3. Flow Battery
    • 7.7.4.4. Others

8. Asia Pacific Battery Energy Storage Market Analysis (MW, USD Billion), Insights and Forecast, 2021-2034

• 8.1. Key Findings / Summary
• 8.2. Market Analysis, Insights and Forecast - By Type
  • 8.2.1. Lithium-Ion Battery
  • 8.2.2. Lead Acid Battery
  • 8.2.3. Flow Battery
  • 8.2.4. Others
• 8.3. Market Analysis, Insights and Forecast - By Connectivity
  • 8.3.1. Off-Grid
  • 8.3.2. On-Grid
• 8.4. Market Analysis, Insights and Forecast - By Application
  • 8.4.1. Residential
  • 8.4.2. Non-Residential
  • 8.4.3. Utility
  • 8.4.4. Others
• 8.5. Market Analysis, Insights and Forecast - By Ownership
  • 8.5.1. Customer-Owned
  • 8.5.2. Third-Party Owned
  • 8.5.3. Utility-Owned
• 8.6. Market Analysis, Insights and Forecast - By Capacity
  • 8.6.1. Small Scale (Less than 1 MW)
  • 8.6.2. Large Scale (Greater Than 1 MW)
• 8.7. Market Analysis, Insights and Forecast - By Country
  • 8.7.1. China Market Analysis, Insights and Forecast - By Type
    • 8.7.1.1. Lithium-Ion Battery
    • 8.7.1.2. Lead Acid Battery
    • 8.7.1.3. Flow Battery
    • 8.7.1.4. Others
  • 8.7.2. Japan Market Analysis, Insights and Forecast - By Type
    • 8.7.2.1. Lithium-Ion Battery
    • 8.7.2.2. Lead Acid Battery
    • 8.7.2.3. Flow Battery
    • 8.7.2.4. Others
  • 8.7.3. Australia Market Analysis, Insights and Forecast - By Type
    • 8.7.3.1. Lithium-Ion Battery
    • 8.7.3.2. Lead Acid Battery
    • 8.7.3.3. Flow Battery
    • 8.7.3.4. Others
  • 8.7.4. South Korea Market Analysis, Insights and Forecast - By Type
    • 8.7.4.1. Lithium-Ion Battery
    • 8.7.4.2. Lead Acid Battery
    • 8.7.4.3. Flow Battery
    • 8.7.4.4. Others
  • 8.7.5. Rest of Asia Pacific Market Analysis, Insights and Forecast - By Type
    • 8.7.5.1. Lithium-Ion Battery
    • 8.7.5.2. Lead Acid Battery
    • 8.7.5.3. Flow Battery
    • 8.7.5.4. Others

9. Rest of the World Battery Energy Storage Market Analysis (MW, USD Billion), Insights and Forecast, 2021-2034

• 9.1. Key Findings / Summary
• 9.2. Market Analysis, Insights and Forecast - By Type
  • 9.2.1. Lithium-Ion Battery
  • 9.2.2. Lead Acid Battery
  • 9.2.3. Flow Battery
  • 9.2.4. Others
• 9.3. Market Analysis, Insights and Forecast - By Connectivity
  • 9.3.1. Off-Grid
  • 9.3.2. On-Grid
• 9.4. Market Analysis, Insights and Forecast - By Application
  • 9.4.1. Residential
  • 9.4.2. Non-Residential
  • 9.4.3. Utility
  • 9.4.4. Others
• 9.5. Market Analysis, Insights and Forecast - By Ownership
  • 9.5.1. Customer-Owned
  • 9.5.2. Third-Party Owned
  • 9.5.3. Utility-Owned
• 9.6. Market Analysis, Insights and Forecast - By Capacity
  • 9.6.1. Small Scale (Less than 1 MW)
  • 9.6.2. Large Scale (Greater Than 1 MW)

10. Competitive Analysis

• 10.1. Company Market Share Analysis, 2025
• 10.2. Company Profile
  • 10.2.1. General Electric Company
    • 10.2.1.1. Business Overview
    • 10.2.1.2. Product & Service Offering
    • 10.2.1.3. Overall Revenue
    • 10.2.1.4. Geographic Presence
    • 10.2.1.5. Recent Development
  • 10.2.2. ABB
    • 10.2.2.1. Business Overview
    • 10.2.2.2. Product & Service Offering
    • 10.2.2.3. Overall Revenue
    • 10.2.2.4. Geographic Presence
    • 10.2.2.5. Recent Development
  • 10.2.3. Samsung SDI
    • 10.2.3.1. Business Overview
    • 10.2.3.2. Product & Service Offering
    • 10.2.3.3. Overall Revenue
    • 10.2.3.4. Geographic Presence
    • 10.2.3.5. Recent Development
  • 10.2.4. Hitachi Chemical Co. Ltd.
    • 10.2.4.1. Business Overview
    • 10.2.4.2. Product & Service Offering
    • 10.2.4.3. Overall Revenue
    • 10.2.4.4. Geographic Presence
    • 10.2.4.5. Recent Development
  • 10.2.5. Siemens AG
    • 10.2.5.1. Business Overview
    • 10.2.5.2. Product & Service Offering
    • 10.2.5.3. Overall Revenue
    • 10.2.5.4. Geographic Presence
    • 10.2.5.5. Recent Development
  • 10.2.6. Total
    • 10.2.6.1. Business Overview
    • 10.2.6.2. Product & Service Offering
    • 10.2.6.3. Overall Revenue
    • 10.2.6.4. Geographic Presence
    • 10.2.6.5. Recent Development
  • 10.2.7. LG Energy Solution
    • 10.2.7.1. Business Overview
    • 10.2.7.2. Product & Service Offering
    • 10.2.7.3. Overall Revenue
    • 10.2.7.4. Geographic Presence
    • 10.2.7.5. Recent Development
  • 10.2.8. Fluence
    • 10.2.8.1. Business Overview
    • 10.2.8.2. Product & Service Offering
    • 10.2.8.3. Overall Revenue
    • 10.2.8.4. Geographic Presence
    • 10.2.8.5. Recent Development
  • 10.2.9. Narada
    • 10.2.9.1. Business Overview
    • 10.2.9.2. Product & Service Offering
    • 10.2.9.3. Overall Revenue
    • 10.2.9.4. Geographic Presence
    • 10.2.9.5. Recent Development
  • 10.2.10. VRB Energy
    • 10.2.10.1. Business Overview
    • 10.2.10.2. Product & Service Offering
    • 10.2.10.3. Overall Revenue
    • 10.2.10.4. Geographic Presence
    • 10.2.10.5. Recent Development
  • 10.2.11. Hitachi Energy
    • 10.2.11.1. Business Overview
    • 10.2.11.2. Product & Service Offering
    • 10.2.11.3. Overall Revenue
    • 10.2.11.4. Geographic Presence
    • 10.2.11.5. Recent Development
  • 10.2.12. Kokam
    • 10.2.12.1. Business Overview
    • 10.2.12.2. Product & Service Offering
    • 10.2.12.3. Overall Revenue
    • 10.2.12.4. Geographic Presence
    • 10.2.12.5. Recent Development
  • 10.2.13. Eve Energy Co. Ltd
    • 10.2.13.1. Business Overview
    • 10.2.13.2. Product & Service Offering
    • 10.2.13.3. Overall Revenue
    • 10.2.13.4. Geographic Presence
    • 10.2.13.5. Recent Development
  • 10.2.14. Black & Veatch
    • 10.2.14.1. Business Overview
    • 10.2.14.2. Product & Service Offering
    • 10.2.14.3. Overall Revenue
    • 10.2.14.4. Geographic Presence
    • 10.2.14.5. Recent Development