Grid-scale battery market size worldwide by application 2019-2029

Published by
Martin Placek,
Oct 18, 2022
The global grid-scale battery energy storage market was estimated at roughly 2.1 billion U.S. dollars in 2021. Ancillary services was the dominant application of the global grid-scale battery market, with a size of nearly 1.4 billion U.S. dollars that year.

Size of the global market for grid-scale batteries from 2019 to 2021, with a forecast through 2029, by application (in million U.S. dollars)

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In cooperation with
Fior Markets
Release date

March 2022

Region

Worldwide

Survey time period

2019 to 2021

Supplementary notes

*Forecast.

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