Global Lithium-ion Battery Energy Storage Market Forecast to 2028 - Analysis by Capacity, Connection Type, and End-use

The lithium-ion battery energy storage market was valued at US$ 7,972.80 million in 2022 and is expected to reach US$ 26,224.37 million by 2028; it is estimated to register a CAGR of 22.0% from 2022 to 2028.

In battery energy storage systems, lithium-ion batteries are getting traction effectively. It caters to residential, commercial & industrial, and utility industries. Expanding infrastructure projects and the transportation sector's growth will encourage prominent companies to tap markets. Stakeholders are poised to boost the battery energy storage market growth due to investments in solar power and wind energy. A notable transition toward low-carbon energy generation solutions will create growth opportunities for the industry size expansion and in turn will fuel the lithium-ion battery energy storage market growth.

In the lithium-ion battery energy storage market, the Li-ion batteries have interesting technological features for energy purposes, including modularity, high energy density, and high charging and discharging efficiency, which can exceed 90% on a singular module level. Lithium batteries have interesting technological features for energy purposes, including modularity, high energy density, and high charging and discharging efficiency, which can exceed 90% on a singular module level. Such features of lithium-ion is projected to have a positive impact in the lithium-ion battery energy storage market growth.

Impact of COVID-19 Pandemic on Lithium-ion Battery Energy Storage Market

The onset of the COVID-19 pandemic influenced consumers' perception of their battery storage needs. The battery technology was mostly stable during the pandemic, which increased the capacity in developing countries. For instance, in comparison to 2020, the mix of grid-scale battery technologies stayed mostly stable in 2021. Newly installed capacity continued to be stored in lithium-ion batteries. At the end of 2021, the installed grid-scale battery storage capacity reached 16 GW, more than the previous five years. The number of installations increased significantly by 60% in 2021 over 2020, as more than 6 GW of storage capacity was positioned. This is the second year in a row that installations have increased significantly. With additions on the gigawatt scale, the US, China, and Europe took the top three spots in the BESS market. In 2021, the amount invested globally in battery energy storage was ~US$ 10 billion. Based on the current pipeline of projects and new capacity targets established by governments of various countries, battery energy storage investment is predicted to record high significance, following strong growth in 2021. Gradually the energy industry is rising which will a have a significant impact in the lithium-ion battery energy storage market.

In North America, the US held the largest share in lithium-ion battery energy storage market. In the country, the rising awareness regarding adopting renewable energy and increasing investments in solar and wind energy projects are propelling the demand for lithium-ion batteries for energy storage. In Q2 of 2022, the construction of a 300 MW 7V Solar Ranch power plant started in Texas with an investment of US$ 282 million. The project is expected to be completed by Q4 of 2023. In 2022, the construction of the Fayette County solar farm started in Texas, and it will have a capacity of 240 MW. An investment of US$ 280 million was made for this project. In March 2022, Enel Green Power, in North America, announced that they had started the construction of the 300 MW Seven Cowboy wind project in Oklahoma with an investment of US$ 3 billion. When operational, the plant is expected to generate over 1.3 TWh of energy each year. Thus, growing investments in renewable energy in the US fuel the lithium-ion battery energy storage market size in the country.

The overall lithium-ion battery energy storage market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the lithium-ion battery energy storage market. The process also serves the purpose of obtaining an overview and forecast of the lithium-ion battery energy storage market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. The participants of this process include VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the lithium-ion battery energy storage market.

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Lithium-Ion Battery Energy Storage Market Landscape

4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 ROW
4.3 Ecosystem Analysis
4.4 Expert Opinions
4.5 Premium Insights

5. Lithium-Ion Battery Energy Storage Market - Key Market Dynamics

5.1 Market Drivers
5.1.1 Rising Number of Wind Farms
5.1.2 Growing Establishment of Solar Plants
5.2 Market Restraints
5.2.1 Availability of Alternative Technology
5.3 Market Opportunities
5.3.1 Future Renewable Energy Pipeline
5.4 Trends
5.4.1 Virtual Power Plant
5.5 Impact Analysis of Drivers and Restraints

6. Lithium-Ion Battery Energy Storage Market - Global Market Analysis

6.1 Global Lithium-Ion Battery Energy Storage Market Overview
6.2 Global Lithium-Ion Battery Energy Storage Market Revenue Forecast and Analysis
6.3 Market Positioning - Five Key Players

7. Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 - Capacity.

7.1 Overview
7.2 Lithium-Ion Battery Energy Storage Market, By Capacity (2022 & 2028)
7.3 0-10kW
7.3.1 Overview
7.3.2 0-10kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.4-20kW
7.4.1 Overview
7.4.2-20kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.5-50kW
7.5.1 Overview
7.5.2-50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
7.6 Above 50kW
7.6.1 Overview
7.6.2 Above 50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)

8. Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 - Connection Type

8.1 Overview
8.2 Lithium-Ion Battery Energy Storage Market, By Connection Type (2022 & 2028)
8.3 On-Grid
8.3.1 Overview
8.3.2 On-Grid: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
8.4 Off-Grid
8.4.1 Overview
8.4.2 Off-Grid: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)

9. Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 - End Use

9.1 Overview
9.2 Lithium-Ion Battery Energy Storage Market, By End Use (2022 & 2028)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.1 0-10 KW
9.3.2.1.1 0-10 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.2-20 KW
9.3.2.2.1-20 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.3.2.3-50 KW
9.3.2.3.1-50 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4 Commercial and Industrial
9.4.1 Overview
9.4.2 Commercial and Industrial: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.1 0-10 KW
9.4.2.1.1 0-10 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.2-20 KW
9.4.2.2.1-20 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.3-50 KW
9.4.2.3.1-50 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.4.2.4 Above 50kW
9.4.2.4.1 Above 50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5 Utility
9.5.1 Overview
9.5.2 Utility: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.1 0-10 KW
9.5.2.1.1 0-10 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.2-20 KW
9.5.2.2.1-20 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.3-50 KW
9.5.2.3.1-50 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
9.5.2.4 Above 50kW
9.5.2.4.1 Above 50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)

10. Lithium-Ion Battery Energy Storage Market - Geographic Analysis

10.1 Overview
10.2 North America: Lithium-Ion Battery Energy Storage Market
10.2.1 North America: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Lithium-Ion Battery Energy Storage Market, By Capacity
10.2.3 North America: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.2.4 North America: Lithium-Ion Battery Energy Storage Market, by End Use
10.2.4.1 North America: Lithium-Ion Battery Energy Storage Market, by Residential
10.2.4.2 North America: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial
10.2.4.3 North America: Lithium-Ion Battery Energy Storage Market, by Utility
10.2.5 North America: Lithium-Ion Battery Energy Storage Market, by Key Country
10.2.5.1 US: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Lithium-Ion Battery Energy Storage Market, By Capacity
10.2.5.1.2 US: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.2.5.1.3 US: Lithium-Ion Battery Energy Storage Market, by End Use
10.2.5.2 Canada: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Lithium-Ion Battery Energy Storage Market, By Capacity
10.2.5.2.2 Canada: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.2.5.2.3 Canada: Lithium-Ion Battery Energy Storage Market, by End Use
10.2.5.3 Mexico: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Lithium-Ion Battery Energy Storage Market, By Capacity
10.2.5.3.2 Mexico: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.2.5.3.3 Mexico: Lithium-Ion Battery Energy Storage Market, by End Use
10.3 Europe: Lithium-Ion Battery Energy Storage Market
10.3.1 Europe: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Lithium-Ion Battery Energy Storage Market, By Capacity
10.3.3 Europe: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.3.4 Europe: Lithium-Ion Battery Energy Storage Market, by End Use
10.3.4.1 Europe: Lithium-Ion Battery Energy Storage Market, by Residential
10.3.4.2 Europe: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial
10.3.4.3 Europe: Lithium-Ion Battery Energy Storage Market, by Utility
10.3.5 Europe: Lithium-Ion Battery Energy Storage Market, by Key Country
10.3.5.1 Germany: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Lithium-Ion Battery Energy Storage Market, By Capacity
10.3.5.1.2 Germany: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.3.5.1.3 Germany: Lithium-Ion Battery Energy Storage Market, by End Use
10.3.5.2 France: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Lithium-Ion Battery Energy Storage Market, By Capacity
10.3.5.2.2 France: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.3.5.2.3 France: Lithium-Ion Battery Energy Storage Market, by End Use
10.3.5.3 Italy: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Lithium-Ion Battery Energy Storage Market, By Capacity
10.3.5.3.2 Italy: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.3.5.3.3 Italy: Lithium-Ion Battery Energy Storage Market, by End Use
10.3.5.4 UK: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Lithium-Ion Battery Energy Storage Market, By Capacity
10.3.5.4.2 UK: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.3.5.4.3 UK: Lithium-Ion Battery Energy Storage Market, by End Use
10.3.5.5 Spain: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Spain: Lithium-Ion Battery Energy Storage Market, By Capacity
10.3.5.5.2 Spain: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.3.5.5.3 Spain: Lithium-Ion Battery Energy Storage Market, by End Use
10.3.5.6 Rest of Europe: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Lithium-Ion Battery Energy Storage Market, By Capacity
10.3.5.6.2 Rest of Europe: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.3.5.6.3 Rest of Europe: Lithium-Ion Battery Energy Storage Market, by End Use
10.4 Asia Pacific: Lithium-Ion Battery Energy Storage Market
10.4.1 Asia Pacific: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia Pacific: Lithium-Ion Battery Energy Storage Market, By Capacity
10.4.3 Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.4.4 Asia Pacific: Lithium-Ion Battery Energy Storage Market, by End Use
10.4.4.1 Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Residential
10.4.4.2 Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial
10.4.4.3 Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Utility
10.4.5 Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Key Country
10.4.5.1 Australia: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: Lithium-Ion Battery Energy Storage Market, By Capacity
10.4.5.1.2 Australia: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.4.5.1.3 Australia: Lithium-Ion Battery Energy Storage Market, by End Use
10.4.5.2 China: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: Lithium-Ion Battery Energy Storage Market, By Capacity
10.4.5.2.2 China: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.4.5.2.3 China: Lithium-Ion Battery Energy Storage Market, by End Use
10.4.5.3 India: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Lithium-Ion Battery Energy Storage Market, By Capacity
10.4.5.3.2 India: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.4.5.3.3 India: Lithium-Ion Battery Energy Storage Market, by End Use
10.4.5.4 Japan: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: Lithium-Ion Battery Energy Storage Market, By Capacity
10.4.5.4.2 Japan: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.4.5.4.3 Japan: Lithium-Ion Battery Energy Storage Market, by End Use
10.4.5.5 South Korea: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: Lithium-Ion Battery Energy Storage Market, By Capacity
10.4.5.5.2 South Korea: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.4.5.5.3 South Korea: Lithium-Ion Battery Energy Storage Market, by End Use
10.4.5.6 Rest of APAC: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Lithium-Ion Battery Energy Storage Market, By Capacity
10.4.5.6.2 Rest of APAC: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.4.5.6.3 Rest of APAC: Lithium-Ion Battery Energy Storage Market, by End Use
10.5 ROW: Lithium-Ion Battery Energy Storage Market
10.5.1 ROW: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.5.2 ROW: Lithium-Ion Battery Energy Storage Market, By Capacity
10.5.3 ROW: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.5.4 ROW: Lithium-Ion Battery Energy Storage Market, by End Use
10.5.4.1 ROW: Lithium-Ion Battery Energy Storage Market, by Residential
10.5.4.2 ROW: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial
10.5.4.3 ROW: Lithium-Ion Battery Energy Storage Market, by Utility
10.5.5 ROW: Lithium-Ion Battery Energy Storage Market, by Key Country
10.5.5.1 MEA: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 MEA: Lithium-Ion Battery Energy Storage Market, By Capacity
10.5.5.1.2 MEA: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.5.5.1.3 MEA: Lithium-Ion Battery Energy Storage Market, by End Use
10.5.5.2 SAM: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 SAM: Lithium-Ion Battery Energy Storage Market, By Capacity
10.5.5.2.2 SAM: Lithium-Ion Battery Energy Storage Market, by Connection Type
10.5.5.2.3 SAM: Lithium-Ion Battery Energy Storage Market, by End Use

11. Lithium-Ion Battery Energy Storage Market - Covid-19 Impact Analysis

11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 ROW: Impact Assessment of COVID-19 Pandemic
11.5.1 MEA
11.5.2 SAM

12. Industry Landscape

12.1 Overview
12.2 Market Initiative

13. Company Profiles

13.1 ABB Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Doosan Gridtech Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Exide Industries Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Hitachi Energy Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Toshiba Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mitsubishi Heavy Industries Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Blue Solutions SAS
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 General Electric Co
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Siemens Energy AG
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 PowerTech Systems SAS
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Panasonic Corporation
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 CATL
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Samsung SDI
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 LG Chem
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
13.15 BYD Company Ltd
13.15.1 Key Facts
13.15.2 Business Description
13.15.3 Products and Services
13.15.4 Financial Overview
13.15.5 SWOT Analysis
13.15.6 Key Developments

14. Appendix

14.1 About The Insight Partners
14.2 Word Index

List of Tables

Table 1. Global Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 5. North America: Lithium-Ion Battery Energy Storage Market, by Residential - Revenue and Forecast to 2028 (US$ Million)
Table 6. North America: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial - Revenue and Forecast to 2028 (US$ Million)
Table 7. North America: Lithium-Ion Battery Energy Storage Market, by Utility - Revenue and Forecast to 2028 (US$ Million)
Table 8. US: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 9. US: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. US: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 12. Canada: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 15. Mexico: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 18. Europe: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 19. Europe: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 20. Europe: Lithium-Ion Battery Energy Storage Market, by Residential - Revenue and Forecast to 2028 (US$ Million)
Table 21. Europe: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial - Revenue and Forecast to 2028 (US$ Million)
Table 22. Europe: Lithium-Ion Battery Energy Storage Market, by Utility - Revenue and Forecast to 2028 (US$ Million)
Table 23. Germany: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 24. Germany: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 25. Germany: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 26. France: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 27. France: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 28. France: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 29. Italy: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 30. Italy: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 31. Italy: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 32. UK: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 33. UK: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 34. UK: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 35. Spain: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 36. Spain: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 37. Spain: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 38. Rest of Europe: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 39. Rest of Europe: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 40. Rest of Europe: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 41. Asia Pacific: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 42. Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 43. Asia Pacific: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 44. Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Residential - Revenue and Forecast to 2028 (US$ Million)
Table 45. Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial - Revenue and Forecast to 2028 (US$ Million)
Table 46. Asia Pacific: Lithium-Ion Battery Energy Storage Market, by Utility - Revenue and Forecast to 2028 (US$ Million)
Table 47. Australia: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 48. Australia: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 49. Australia: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 50. China: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 51. China: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 52. China: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 53. India: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 54. India: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 55. India: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 56. Japan: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 57. Japan: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 58. Japan: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 59. South Korea: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 60. South Korea: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 61. South Korea: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 62. Rest of APAC: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 63. Rest of APAC: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 64. Rest of APAC: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 65. ROW: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 66. ROW: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 67. ROW: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 68. ROW: Lithium-Ion Battery Energy Storage Market, by Residential - Revenue and Forecast to 2028 (US$ Million)
Table 69. ROW: Lithium-Ion Battery Energy Storage Market, by Commercial and Industrial - Revenue and Forecast to 2028 (US$ Million)
Table 70. ROW: Lithium-Ion Battery Energy Storage Market, by Utility - Revenue and Forecast to 2028 (US$ Million)
Table 71. MEA: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 72. MEA: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 73. MEA: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 74. SAM: Lithium-Ion Battery Energy Storage Market, By Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 75. SAM: Lithium-Ion Battery Energy Storage Market, by Connection Type - Revenue and Forecast to 2028 (US$ Million)
Table 76. SAM: Lithium-Ion Battery Energy Storage Market, by End Use - Revenue and Forecast to 2028 (US$ Million)
Table 77. List of Abbreviation

List of Figures

Figure 1. Lithium-Ion Battery Energy Storage Market Segmentation
Figure 2. Lithium-Ion Battery Energy Storage Market Segmentation - By Geography
Figure 3. Global Lithium-Ion Battery Energy Storage Market Overview
Figure 4. Lithium-Ion Battery Energy Storage Market, by Capacity
Figure 5. Lithium-Ion Battery Energy Storage Market, by Geography
Figure 6. North America - PEST Analysis
Figure 7. Europe - PEST Analysis
Figure 8. APAC - PEST Analysis
Figure 9. ROW - PEST Analysis
Figure 10. Lithium-Ion Battery Energy Storage Market - Ecosystem Analysis
Figure 11. Lithium-Ion Battery Energy Storage Market - Global Market Share Analysis
Figure 12. Global Lithium-Ion Battery Energy Storage Market: Impact Analysis of Drivers and Restraints
Figure 13. Geographic Overview of Lithium-Ion Battery Energy Storage Market
Figure 14. Global Lithium-Ion Battery Energy Storage Market Revenue Forecast and Analysis (US$ Million)
Figure 15. Lithium-Ion Battery Energy Storage Market, By Capacity (2022 & 2028)
Figure 16. 0-10kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 17.-20kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 18.-50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Above 50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Lithium-Ion Battery Energy Storage Market, By Connection Type (2022 & 2028)
Figure 21. On-Grid: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Off-Grid: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Lithium-Ion Battery Energy Storage Market, By End Use (2022 & 2028)
Figure 24. Residential: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. 0-10 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 26.-20 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 27.-50 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Commercial and Industrial: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. 0-10 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 30.-20 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 31.-50 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. Above 50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Utility: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. 0-10 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 35.-20 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 36.-50 KW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 37. Above 50kW: Lithium-Ion Battery Energy Storage Market Revenue and Forecast to 2028 (US$ Million)
Figure 38. Global Lithium-Ion Battery Energy Storage Market Revenue Share, By Region (2022 & 2028)
Figure 39. North America: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. North America: Lithium-Ion Battery Energy Storage Market Revenue Share, By Capacity (2022 & 2028)
Figure 41. North America: Lithium-Ion Battery Energy Storage Market Revenue Share, by Connection Type (2022 & 2028)
Figure 42. North America: Lithium-Ion Battery Energy Storage Market Revenue Share, by End Use (2022 & 2028)
Figure 43. North America: Lithium-Ion Battery Energy Storage Market Revenue Share, by Key Country (2022 & 2028)
Figure 44. US: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 45. Canada: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 46. Mexico: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 47. Europe: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 48. Europe: Lithium-Ion Battery Energy Storage Market Revenue Share, By Capacity (2022 & 2028)
Figure 49. Europe: Lithium-Ion Battery Energy Storage Market Revenue Share, by Connection Type (2022 & 2028)
Figure 50. Europe: Lithium-Ion Battery Energy Storage Market Revenue Share, by End Use (2022 & 2028)
Figure 51. Europe: Lithium-Ion Battery Energy Storage Market Revenue Share, by Key Country (2022 & 2028)
Figure 52. Germany: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 53. France: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 54. Italy: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 55. UK: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 56. Spain: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 57. Rest of Europe: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 58. Asia Pacific: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 59. Asia Pacific: Lithium-Ion Battery Energy Storage Market Revenue Share, By Capacity (2022 & 2028)
Figure 60. Asia Pacific: Lithium-Ion Battery Energy Storage Market Revenue Share, by Connection Type (2022 & 2028)
Figure 61. Asia Pacific: Lithium-Ion Battery Energy Storage Market Revenue Share, by End Use (2022 & 2028)
Figure 62. Asia Pacific: Lithium-Ion Battery Energy Storage Market Revenue Share, by Key Country (2022 & 2028)
Figure 63. Australia: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 64. China: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 65. India: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 66. Japan: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 67. South Korea: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of APAC: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 69. ROW: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 70. ROW: Lithium-Ion Battery Energy Storage Market Revenue Share, By Capacity (2022 & 2028)
Figure 71. ROW: Lithium-Ion Battery Energy Storage Market Revenue Share, by Connection Type (2022 & 2028)
Figure 72. ROW: Lithium-Ion Battery Energy Storage Market Revenue Share, by End Use (2022 & 2028)
Figure 73. ROW: Lithium-Ion Battery Energy Storage Market Revenue Share, by Key Country (2022 & 2028)
Figure 74. MEA: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 75. SAM: Lithium-Ion Battery Energy Storage Market - Revenue and Forecast to 2028 (US$ Million)
Figure 76. Impact of COVID-19 Pandemic on North America Country Markets
Figure 77. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 78. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 79. Impact of COVID-19 Pandemic on ROW Country Markets

Companies Mentioned

Aab Ltd
Doosan Gridtech Inc
Exide Industries Ltd.
Hitachi Energy Ltd.
Toshiba Corp
Mitsubishi Heavy Industries, Ltd.
Blue Solutions Sas
General Electric Co.
Siemens Energy AG
Powertech System Sas
Panasonic Corporation
Catl
Samsung Sdi
Lg Chem
Byd Company Ltd

Table Information

Report Attribute	Details
No. of Pages	175
Published	May 2023
Forecast Period	2022 - 2028
Estimated Market Value ( USD ) in 2022	$ 7972.8 Million
Forecasted Market Value ( USD ) by 2028	$ 26244.37 Million
Compound Annual Growth Rate	22.0%
Regions Covered	Global
No. of Companies Mentioned	15

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Impact of COVID-19 Pandemic on Lithium-ion Battery Energy Storage Market

Table of Contents

Companies Mentioned

Table Information

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