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Lithium-ion Stationary Battery Storage Market Share

  • Report ID: GMI5339
  • Published Date: Sep 2022
  • Report Format: PDF
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Lithium-ion Stationary Battery Storage Market Share

Top participants operating in the lithium-ion stationary battery storage market are

  • Johnson Controls
  • Panasonic Corporation
  • Leclanché SA
  • Hitachi Energy Ltd.
  • LG Chem
  • Exide Technologies
  • Toshiba Corporation
  • GS Yuasa International Ltd
  • Siemens Energy
  • Tesla
  • BYD Company Ltd.
  • SK Innovation Co Ltd
  • VARTA AG

These leaders are focusing on business expansions to strengthen their footprint in the global market.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of lithium-ion stationary battery storage crossed over USD 61.3 billion in 2023 and is anticipated to record a CAGR of more than 18.8% through 2032, due to the rising emphasis on mitigating greenhouse gas emissions.

The NMC segment is slated to exhibit a CAGR of over 16% from 2022 to 2032, driven by the growing acceptance of NMC batteries in solar plus storage deployments.

The grid services segment surpassed more than USD 19 billion in 2021, on account of rapid industrialization and urbanization. It is projected to witness substantial gains through 2032.

The European market is predicted to observe a 16% growth rate till 2032, due to the growing preference for clean energy and favorable reforms on maintaining energy efficiency.

Some of the key companies partaking in the industry include Johnson Controls, Panasonic Corporation, Hitachi Energy Ltd., LG Chem, Toshiba Corporation, Siemens Energy, Tesla, BYD Company Ltd., SK Innovation Co Ltd, and others.

Lithium-ion Stationary Battery Storage Market Scope

  • Lithium-ion Stationary Battery Storage Market Size
  • Lithium-ion Stationary Battery Storage Market Analysis
  • Lithium-ion Stationary Battery Storage Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 19
    • Tables & Figures: 852
    • Countries covered: 20
    • Pages: 500
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