세계의 그리드 스케일 배터리 스토리지 시장 예측(-2030년) : 유형별, 소유 모델별, 정격 전력별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Grid-Scale Battery Storage Market is accounted for $80.3 billion in 2024 and is expected to reach $360.1 billion by 2030 growing at a CAGR of 28.4% during the forecast period. Grid-scale battery storage is the term for large-scale energy storage devices made to store and return electricity produced by renewable energy sources, such wind and solar, to the grid as needed. By storing excess energy during times of low demand and releasing it during times of peak need, these systems can support energy management, and balance supply and demand. Grid-scale batteries help to stabilise energy costs, lessen dependency on fossil fuels, and make it easier to integrate renewable energy sources into the system.

Market Dynamics:

Driver:

Increased renewable energy integration

Increased renewable energy systems are deployed, the need for reliable storage solutions becomes critical to balance supply and demand. Battery storage enables the capture of excess energy during peak production times and its release during low generation periods, enhancing grid stability and efficiency. This capability not only supports the transition to a cleaner energy grid but also facilitates the deployment of more renewable, creating a synergistic cycle that drives further investments in grid-scale battery technologies.

Restraint:

Environmental concern

Environmental concerns about the extraction of raw materials, such as lithium and cobalt, can lead to habitat destruction and water pollution. Additionally, the lifecycle of batteries raises issues related to recycling and waste management, as improper disposal can result in hazardous waste. Public and regulatory scrutiny over these environmental impacts can delay project approvals and increase compliance costs. Consequently, the industry faces pressure to develop more sustainable practices, which can slow innovation and adoption in the grid-scale battery storage sector.

Opportunity:

Technological innovations

Technological innovations such as lithium-silicon and solid-state batteries, offer longer lifespan and improved performance. Innovations in manufacturing processes reduce production costs, making storage solutions more accessible. Additionally, developments in energy management systems optimize the integration of battery storage with renewable energy sources, ensuring better grid stability. These advancements not only meet growing energy demands but also facilitate the transition to a sustainable energy landscape, attracting investments and highlight upcoming technologies, innovations that could potentially create growth opportunities in the market.

Threat:

Competition from alternative technologies

Competition from alternative technologies like pumped hydro storage, compressed air energy storage, and flywheels offer scalable solutions for long-duration energy storage and grid stability. These alternatives may require lower capital investment and have established operational frameworks. Additionally, advancements in these technologies can draw attention and funding away from battery storage innovations. As a result, the growth potential of the grid-scale battery market can be limited by the attractiveness of competing energy storage solutions.

Covid-19 Impact

The COVID-19 pandemic impacted the grid-scale battery storage market by disrupting supply chains, causing delays in manufacturing and project deployment. Lockdowns and restrictions hindered construction activities and reduced labour availability of battery storage systems. However, the crisis also accelerated the shift towards renewable energy and energy resilience, highlighting the importance of robust energy storage solutions. Increased government focus on green recovery and sustainability initiatives post-pandemic has revitalized investments in grid-scale battery technologies.

The lithium-ion segment is expected to be the largest during the forecast period

The lithium-ion segment is estimated to to be the largest during the forecast period, due to its high energy density, efficiency, and declining costs. Lithium-ion batteries enable rapid charging and discharging, making them ideal for balancing supply and demand. Moreover, their scalability supports large-scale energy management, enhancing grid stability and resilience. With ongoing advancements in technology and manufacturing, lithium-ion batteries are becoming more accessible, driving investments and adoption in various regions, ultimately transforming the energy landscape and supporting a transition to a more sustainable future.

The peak shift segment is expected to have the highest CAGR during the forecast period

The peak shift segment is projected to witness substantial growth during the estimation period, by enabling utilities to manage electricity demand more effectively. By shifting energy consumption from peak to off-peak hours, these systems help reduce strain on the grid during high demand periods. This not only lowers operational costs but also enhances grid reliability and stability. As renewable energy sources gain traction, the integration of battery storage becomes crucial for balancing intermittent supply and demand.

Region with largest share:

Over the forecasted timeframe, the Asia Pacific region is anticipated to dominate the market share due to increased energy demands and a shift towards renewable energy sources. Countries like China, Japan, and India are investing heavily in battery technologies to enhance grid stability and support clean energy integration. Government policies and incentives, such as renewable energy targets and emissions reduction commitments, are further accelerating adoption. The region's focus on improving energy security and reliability, along with declining battery costs, is fostering innovation and attracting investments.

Region with highest CAGR:

During the estimation period, the North America region is forecasted to record the highest growth rate, owing to increased renewable energy integration and grid reliability. The region is focusing on advanced technologies, such as lithium-ion and flow batteries, to enhance energy storage capabilities. Government initiatives and incentives aimed at reducing carbon emissions are further propelling market expansion. Additionally, utility-scale projects and collaborations between energy providers and technology companies are fostering innovation. As aging infrastructure requires modernization, battery storage solutions are seen as vital for ensuring efficient energy management and stability, making North America a key player in the global energy transition.

Key players in the market

Some of the key players profiled in the Grid-Scale Battery Storage Market include ABB Ltd., BYD Company Ltd., Contemporary Amperex Technology Co. Ltd. (CATL), EnerVault Corporation, Engie SA, ESS Tech, Inc., Fluence Energy, Inc., Form Energy, General Electric (GE), Hitachi Energy, LG Energy Solution, NextEra Energy Resources, Northvolt AB, Panasonic Corporation, Redflow Limited, RES Group (Renewable Energy Systems), Saft Groupe S.A., Samsung SDI, Tesla, Inc. and Vionx Energy.

Key Developments:

In May 2024, ABB expanded electrification portfolio with acquisition of Siemens' Wiring Accessories business. The acquisition broadened ABB's market reach and complement its regional customer offering within smart buildings.

In February 2024, ABB announced an agreement to acquire SEAM Group, a major provider of energized asset management. The acquisition brought significant additional expertise to customers in the areas of predictive, preventive, and corrective maintenance.

In January 2024, ABB announced to acquire Canadian company Real Tech, a leading supplier of innovative optical sensor technology that enables real-time water monitoring. Through the acquisition, ABB expands its strong presence in the water segment and complement its product portfolio with optical technology critical for smart water management.

Types Covered:

• Lithium-Ion
• Lead Acid
• Flow
• Sodium Based
• Other Types

Ownership-Models Covered:

• Third-Party Owned
• Utility Owned
• Other Ownership-Models

Power Ratings Covered:

• Less than 10 MW
• 10-100 MW
• Above 100 MW

Applications Covered:

• Renewable Integration
• Peak Shift
• Ancillary Services
• Back-Up Power
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Grid-Scale Battery Storage Market, By Type

• 5.1 Introduction
• 5.2 Lithium-Ion
• 5.3 Lead Acid
• 5.4 Flow
• 5.5 Sodium Based
• 5.6 Other Types

6 Global Grid-Scale Battery Storage Market, By Ownership-Model

• 6.1 Introduction
• 6.2 Third-Party Owned
• 6.3 Utility Owned
• 6.4 Other Ownership-Models

7 Global Grid-Scale Battery Storage Market, By Power Rating

• 7.1 Introduction
• 7.2 Less than 10 MW
• 7.3 10-100 MW
• 7.4 Above 100 MW

8 Global Grid-Scale Battery Storage Market, By Application

• 8.1 Introduction
• 8.2 Renewable Integration
• 8.3 Peak Shift
• 8.4 Ancillary Services
• 8.5 Back-Up Power
• 8.6 Other Applications

9 Global Grid-Scale Battery Storage Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 ABB Ltd.
• 11.2 BYD Company Ltd.
• 11.3 Contemporary Amperex Technology Co. Ltd. (CATL)
• 11.4 EnerVault Corporation
• 11.5 Engie SA
• 11.6 ESS Tech, Inc.
• 11.7 Fluence Energy, Inc.
• 11.8 Form Energy
• 11.9 General Electric (GE)
• 11.10 Hitachi Energy
• 11.11 LG Energy Solution
• 11.12 NextEra Energy Resources
• 11.13 Northvolt AB
• 11.14 Panasonic Corporation
• 11.15 Redflow Limited
• 11.16 RES Group
• 11.17 Saft Groupe S.A.
• 11.18 Samsung SDI
• 11.19 Tesla, Inc.
• 11.20 Vionx Energy