Energy storage systems market size in Europe 2021-2031

Published by Statista Research Department, Mar 26, 2024

The market size of energy storage systems in Europe is forecast to grow by 30 billion U.S. dollars between 2023 and 2031. In 2023, the market was valued at approximately 36 billion U.S. dollars. Energy storage systems included pumped hydro, battery, compressed air, and thermal storage. 

More information on the global energy storage system market can be found here.

Market size of energy storage systems in Europe from 2021 to 2023 with a forecast until 2031 (in billion U.S. dollars)

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Release date

March 2024

Region

Europe

Survey time period

2021 to 2023

Special properties

* Forecast from this year onward

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Statistics on " Energy storage in Europe "

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Other statistics that may interest you Energy storage in Europe

Overview

7

Renewables

4

Key figures

7

Battery storage

3

Pumped storage

3

Hydrogen

3

European leaders

5

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Topics

Energy storageGlobal solar photovoltaicsGreen hydrogenGlobal wind energyRenewable energy in the U.S.
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