Grid Scale Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Grid Scale Battery Manufacturers & Companies and it is Segmented by Battery Type (Lead-Acid Battery, Lithium-ion Battery, and Others), Application (Frequency Regulation, Bill Management, Load Shifting, and Others), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)

Grid Scale Battery Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Grid Scale Battery Market Size

Grid Scale Battery Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 15.00 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific

Major Players

Grid Scale Battery Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Grid Scale Battery Market with other markets in Energy & Power Industry

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Energy Storage Technology

Grid Scale Battery Market Analysis

The Grid Scale Battery Market is expected to register a CAGR of greater than 15% during the forecast period.

  • The technological advancement, which has led to a sharp increase in the energy density of the lithium-ion battery market even while decreasing the overall cost of lithium-ion batteries, has enabled the increase in the grid-scale battery deployment. Owing to the aforementioned factors, the lithium-ion battery segment is expected to witness the fastest growth rate during the forecast period.
  • The increasing focus on rural electrification using the grid-scale battery deployment is expected to create a significant amount of opportunity for the growth of the market during the forecast period.
  • Asia-Pacific is the fastest-growing market owing to the rapid rate of industrialization and urbanization, which has led to an increase in demand for electricity.

Grid Scale Battery Industry Overview

The grid scale battery market is moderately fragmented. Some of the key companies in market include Panasonic Corporation, LG Chem Ltd., Contemporary Amperex Technology Co Ltd, Samsung SDI Co. Ltd., and BYD Co Ltd..

Grid Scale Battery Market Leaders

  1. Panasonic Corporation

  2. LG Chem Ltd

  3. Contemporary Amperex Technology Co Ltd

  4. Samsung SDI Co. Ltd

  5. BYD Co. Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Grid Scale Battery Market Concentration
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Grid Scale Battery Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast, in USD billion, till 2025
  • 4.3 Global Annual Energy Storage Deployments (in MW), till 2025
  • 4.4 Recent Trends and Developments
  • 4.5 Government Policies and Regulations
  • 4.6 Investment Opportunities
  • 4.7 Market Dynamics
    • 4.7.1 Drivers
    • 4.7.2 Restraints
  • 4.8 Supply Chain Analysis
  • 4.9 Porter's Five Forces Analysis
    • 4.9.1 Bargaining Power of Suppliers
    • 4.9.2 Bargaining Power of Consumers
    • 4.9.3 Threat of New Entrants
    • 4.9.4 Threat of Substitutes Products and Services
    • 4.9.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Battery Type
    • 5.1.1 Lead-Acid Battery
    • 5.1.2 Lithium-ion Battery
    • 5.1.3 Others
  • 5.2 Application
    • 5.2.1 Frequency Regulation
    • 5.2.2 Bill Management
    • 5.2.3 Load Shifting
    • 5.2.4 Others (Renewable Integration, Transmission and Distribution Services, Black Start, etc.)
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 South America
    • 5.3.5 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles
    • 6.4.1 Tesla Inc.
    • 6.4.2 Panasonic Corporation
    • 6.4.3 LG Chem Ltd.
    • 6.4.4 Contemporary Amperex Technology Co Ltd
    • 6.4.5 Samsung SDI Co.Ltd.
    • 6.4.6 BYD Co Ltd
    • 6.4.7 East Penn Manufacturing Company
    • 6.4.8 GS Yuasa Corporation
    • 6.4.9 Clarios
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Grid Scale Battery Industry Segmentation

The grid scale battery market report include:

Battery Type Lead-Acid Battery
Lithium-ion Battery
Others
Application Frequency Regulation
Bill Management
Load Shifting
Others (Renewable Integration, Transmission and Distribution Services, Black Start, etc.)
Geography North America
Europe
Asia-Pacific
South America
Middle-East and Africa
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Grid Scale Battery Market Research FAQs

What is the current Grid Scale Battery Market size?

The Grid Scale Battery Market is projected to register a CAGR of greater than 15% during the forecast period (2025-2030)

Who are the key players in Grid Scale Battery Market?

Panasonic Corporation, LG Chem Ltd, Contemporary Amperex Technology Co Ltd, Samsung SDI Co. Ltd and BYD Co. Ltd are the major companies operating in the Grid Scale Battery Market.

Which is the fastest growing region in Grid Scale Battery Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Grid Scale Battery Market?

In 2025, the Asia Pacific accounts for the largest market share in Grid Scale Battery Market.

What years does this Grid Scale Battery Market cover?

The report covers the Grid Scale Battery Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Grid Scale Battery Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Grid Scale Battery Industry Report

The global grid-scale battery market is witnessing significant growth, propelled by the increasing integration of renewable energy sources and the demand for efficient energy storage solutions. Segmented by type, ownership-model, application, and region, the market features lithium-ion, lead acid, flow, and sodium-based batteries. Ownership models span third-party and utility-owned systems, serving applications like renewable integration, peak shift, ancillary services, and back-up power. This expansion is driven by technological advancements, cost reductions, and rising investments in renewable energy. Key regions include North America, Europe, and Asia-Pacific, with Asia-Pacific poised for rapid growth due to industrialization and urbanization. Market drivers encompass the need for renewable energy integration, enhanced grid stability, and the adoption of molten salt batteries. The market's moderate fragmentation highlights a focus on innovation and strategic partnerships to fulfill the increasing demand for efficient and reliable energy storage solutions. Statistics from Mordor Intelligence™ Industry Reports reveal insights into market share, size, revenue growth rate, and a forecast outlook, offering a comprehensive historical overview. For detailed industry analysis, a free report PDF download is available, providing a sample of this in-depth market analysis.