Battery Energy Storage Market Size, Share & Industry Analysis, By Type (Lithium-Ion Battery, Lead Acid Battery, Flow Battery, and Others), By Connectivity (Off-Grid and On-Grid), By Application (Residential, Non-Residential, Utility, and Others), By Ownership (Customer-Owned, Third-Party Owned, and Utility-Owned), By Capacity (Small Scale {Less than 1 MW} and Large Scale {Greater than 1 MW}), and Regional Forecast, 2025-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2024

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 19.58% from 2025 to 2032

Unit

 Value (USD Billion) and Volume (MW)

Segmentation

By Type, Connectivity, Application, Ownership, Capacity, and Region

Segmentation

By Type

• Lithium-ion Battery
• Lead Acid Battery
• Flow Battery
• Others

By Connectivity

• Off-Grid
• On-Grid

By Application

• Residential
• Non-Residential
• Utility
• Others

By Ownership

• Customer Owned
• Third-Party Owned
• Utility Owned

By Capacity

• Small Scale (Less than 1 MW)
• Large Scale (Greater than 1 MW)

By  Region

• North America (By Type, Connectivity, Application, Ownership, Capacity, and Country)
  • U.S. (By Type)
  • Canada (By Type)
• Europe (By Type, Connectivity, Application, Ownership, Capacity, and Country)
  • U.K. (By Type)
  • Germany (By Type)
  • Italy (By Type)
  • Rest of Europe (By Type)
• Asia Pacific (By Type, Connectivity, Application, Ownership, Capacity, and Country)
  • China (By Type)
  • Japan (By Type)
  • Australia (By Type)
  • South Korea (By Type)
  • Rest of Asia Pacific (By Type)
• Rest of the World (By Type, Connectivity, Application, Ownership, and Capacity)