The size of the global energy storage system market is forecast to surpass 500 billion U.S. dollars by 2031. Throughout the period under consideration, the Asia-Pacific region will lead the ranking and experience a compound annual growth rate of 10 percent.
More information on the global energy storage system market can be found here.
Market size of energy storage systems worldwide in 2023, with a forecast until 2031, by region
(in billion U.S. dollars)
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Extrapolate. (March 15, 2024). Market size of energy storage systems worldwide in 2023, with a forecast until 2031, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1457926/global-energy-storage-market-size-by-region-forecast/
Extrapolate. "Market size of energy storage systems worldwide in 2023, with a forecast until 2031, by region (in billion U.S. dollars)." Chart. March 15, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1457926/global-energy-storage-market-size-by-region-forecast/
Extrapolate. (2024). Market size of energy storage systems worldwide in 2023, with a forecast until 2031, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1457926/global-energy-storage-market-size-by-region-forecast/
Extrapolate. "Market Size of Energy Storage Systems Worldwide in 2023, with a Forecast until 2031, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1457926/global-energy-storage-market-size-by-region-forecast/
Extrapolate, Market size of energy storage systems worldwide in 2023, with a forecast until 2031, by region (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1457926/global-energy-storage-market-size-by-region-forecast/ (last visited November 10, 2024)
Market size of energy storage systems worldwide in 2023, with a forecast until 2031, by region (in billion U.S. dollars) [Graph], Extrapolate, March 15, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1457926/global-energy-storage-market-size-by-region-forecast/
