Grid-Scale Battery Market Size, Share & Industry Analysis, By Battery Chemistry (Lead-acid, Sodium-based, Redox Flow, Lithium-ion, and Others), By Ownership (Third-party Owned, Utility Owned), By Application (Renewables, Peak Shifting, Ancillary Services, Backup Power, and Others), and Regional Forecasts, 2024-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI101304

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ATTRIBUTE	DETAILS
Study Period	2019-2032
Base Year	2023
Estimated Year	2024
Forecast Period	2024-2032
Historical Period	2019-2022
Growth Rate	CAGR of 18.20% from 2024 to 2032
Unit	Value (USD Billion)
Segmentation	By Battery Chemistry Lead-acid Sodium-based Redox Flow Lithium-ion Others
	By Ownership Third-party Owned Utility Owned
	By Application Renewables Peak Shifting Ancillary Services Backup Power Others
	By Geography North America (By Battery Chemistry, Ownership, Application, Country) U.S. Canada Europe (By Battery Chemistry, Ownership, Application, Country) U.K. Germany Italy Rest of Europe Asia Pacific (By Battery Chemistry, Ownership, Application, Country) China Japan Australia South Korea Rest of Asia Pacific Rest of the World (By Battery Chemistry, Ownership, Application)