Global Gravity Energy Storage Systems Supply, Demand and Key Producers, 2026-2032
Description
The global Gravity Energy Storage Systems market size is expected to reach $ 2855 million by 2032, rising at a market growth of 10.0% CAGR during the forecast period (2026-2032).
Gravity Energy Storage Systems (GESS) are an emerging form of mechanical energy storage that store and release energy by raising and lowering a heavy mass using gravity. When excess electricity is available (e.g., from renewable sources), the system uses it to lift a massive weight vertically or along an incline. When power is needed, the weight is lowered, driving a generator to produce electricity — much like pumped hydro, but without the need for water or elevation.
GESS offer key benefits such as long cycle life, rapid response times, low environmental impact, and the ability to be deployed in flat or urban areas where other large-scale storage options may not be feasible. They are particularly suited for grid balancing, renewable integration, and energy arbitrage.
With the increasing dependence on renewable energy such as wind and solar energy, solving the uncertainty and indirectness of its production has become a key issue that cannot be ignored. In order to be able to achieve uninterrupted power supply, Energy Vault first developed a gravity energy storage system, which has better performance and lower costs than pumped water storage and lithium battery storage.
Gravity energy storage systems are very suitable for large-scale energy storage such as public utilities, especially suitable for more remote areas. According to statistics, 45% of the world's land can be built with this kind of energy storage system. And because of the use of building materials such as concrete as raw materials, it has the conditions for sustainable development and has a longer energy storage life than chemical batteries.
The gravity energy storage system is in the introduction phase in the market, and this stage is also very challenging for enterprises. A large amount of capital investment is required during the research and development period, and because the actual product has not yet been put into use, even if the product has been modeled and simulated for many times, it still has a certain degree of uncertainty.
This report studies the global Gravity Energy Storage Systems demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Gravity Energy Storage Systems, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Gravity Energy Storage Systems that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Gravity Energy Storage Systems total market, 2021-2032, (USD Million)
Global Gravity Energy Storage Systems total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Gravity Energy Storage Systems total market, key domestic companies, and share, (USD Million)
Global Gravity Energy Storage Systems revenue by player, revenue and market share 2021-2026, (USD Million)
Global Gravity Energy Storage Systems total market by Type, CAGR, 2021-2032, (USD Million)
Global Gravity Energy Storage Systems total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Gravity Energy Storage Systems market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Energy Vault, Gravitricity, Advanced Rail Energy Storage, Gravity Power, China Tianying, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Gravity Energy Storage Systems market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Gravity Energy Storage Systems Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Gravity Energy Storage Systems Market, Segmentation by Type:
Below 100 MWh
Above 100 MWh
Global Gravity Energy Storage Systems Market, Segmentation by Application:
Utilities
Others
Companies Profiled:
Energy Vault
Gravitricity
Advanced Rail Energy Storage
Gravity Power
China Tianying
Key Questions Answered
1. How big is the global Gravity Energy Storage Systems market?
2. What is the demand of the global Gravity Energy Storage Systems market?
3. What is the year over year growth of the global Gravity Energy Storage Systems market?
4. What is the total value of the global Gravity Energy Storage Systems market?
5. Who are the Major Players in the global Gravity Energy Storage Systems market?
6. What are the growth factors driving the market demand?
Gravity Energy Storage Systems (GESS) are an emerging form of mechanical energy storage that store and release energy by raising and lowering a heavy mass using gravity. When excess electricity is available (e.g., from renewable sources), the system uses it to lift a massive weight vertically or along an incline. When power is needed, the weight is lowered, driving a generator to produce electricity — much like pumped hydro, but without the need for water or elevation.
GESS offer key benefits such as long cycle life, rapid response times, low environmental impact, and the ability to be deployed in flat or urban areas where other large-scale storage options may not be feasible. They are particularly suited for grid balancing, renewable integration, and energy arbitrage.
With the increasing dependence on renewable energy such as wind and solar energy, solving the uncertainty and indirectness of its production has become a key issue that cannot be ignored. In order to be able to achieve uninterrupted power supply, Energy Vault first developed a gravity energy storage system, which has better performance and lower costs than pumped water storage and lithium battery storage.
Gravity energy storage systems are very suitable for large-scale energy storage such as public utilities, especially suitable for more remote areas. According to statistics, 45% of the world's land can be built with this kind of energy storage system. And because of the use of building materials such as concrete as raw materials, it has the conditions for sustainable development and has a longer energy storage life than chemical batteries.
The gravity energy storage system is in the introduction phase in the market, and this stage is also very challenging for enterprises. A large amount of capital investment is required during the research and development period, and because the actual product has not yet been put into use, even if the product has been modeled and simulated for many times, it still has a certain degree of uncertainty.
This report studies the global Gravity Energy Storage Systems demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Gravity Energy Storage Systems, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Gravity Energy Storage Systems that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Gravity Energy Storage Systems total market, 2021-2032, (USD Million)
Global Gravity Energy Storage Systems total market by region & country, CAGR, 2021-2032, (USD Million)
U.S. VS China: Gravity Energy Storage Systems total market, key domestic companies, and share, (USD Million)
Global Gravity Energy Storage Systems revenue by player, revenue and market share 2021-2026, (USD Million)
Global Gravity Energy Storage Systems total market by Type, CAGR, 2021-2032, (USD Million)
Global Gravity Energy Storage Systems total market by Application, CAGR, 2021-2032, (USD Million)
This report profiles major players in the global Gravity Energy Storage Systems market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Energy Vault, Gravitricity, Advanced Rail Energy Storage, Gravity Power, China Tianying, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the world Gravity Energy Storage Systems market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Gravity Energy Storage Systems Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Gravity Energy Storage Systems Market, Segmentation by Type:
Below 100 MWh
Above 100 MWh
Global Gravity Energy Storage Systems Market, Segmentation by Application:
Utilities
Others
Companies Profiled:
Energy Vault
Gravitricity
Advanced Rail Energy Storage
Gravity Power
China Tianying
Key Questions Answered
1. How big is the global Gravity Energy Storage Systems market?
2. What is the demand of the global Gravity Energy Storage Systems market?
3. What is the year over year growth of the global Gravity Energy Storage Systems market?
4. What is the total value of the global Gravity Energy Storage Systems market?
5. Who are the Major Players in the global Gravity Energy Storage Systems market?
6. What are the growth factors driving the market demand?
Table of Contents
89 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Gravity Energy Storage Systems Companies Competitive Analysis
- 4 United States VS China VS Rest of World (by Headquarter Location)
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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