"Actionable Insights to Fuel Your Growth"

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: April 28, 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)
  • 2019-2032
  • 2023
  • 2019-2022
  • 181
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