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)
Characteristic
Ancillary Services
Renewable Integration
Back-Up Power
Peak Shift
Others
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Fior Markets. (March 31, 2022). 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) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1339699/global-grid-scale-battery-market-size-by-application/
Fior Markets. "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)." Chart. March 31, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1339699/global-grid-scale-battery-market-size-by-application/
Fior Markets. (2022). 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). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1339699/global-grid-scale-battery-market-size-by-application/
Fior Markets. "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)." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/1339699/global-grid-scale-battery-market-size-by-application/
Fior Markets, 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) Statista, https://www.statista.com/statistics/1339699/global-grid-scale-battery-market-size-by-application/ (last visited September 01, 2024)
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) [Graph], Fior Markets, March 31, 2022. [Online]. Available: https://www.statista.com/statistics/1339699/global-grid-scale-battery-market-size-by-application/