Global Energy Storage Lithium Battery Market Growth 2025-2031
Description
The global Energy Storage Lithium Battery market size is predicted to grow from US$ 51197 million in 2025 to US$ 134236 million in 2031; it is expected to grow at a CAGR of 17.4% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Energy storage lithium batteries are mainly lithium battery that are used in solar and wind power generation equipment and for saving energy from renewable sources.
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Market Drivers
Policy Support: Governments worldwide are offering support and incentives. Policies like feed - in tariff (FIT) programs and net metering policies encourage the adoption of lithium - ion battery energy storage systems by providing financial benefits to end - users.
Renewable Energy Integration: The intermittent nature of renewable energy sources such as solar and wind requires effective energy storage solutions. Lithium - ion batteries can store excess electricity generated from renewables during high - production periods and supply it during high - demand or low - generation periods, thus facilitating the integration of renewables into the grid.
Market Restraints
High Initial Costs: The cost of lithium - ion batteries, although declining, remains relatively high compared to other energy storage technologies. The upfront investment for installing and integrating lithium - ion battery energy storage systems, including associated power electronics, control systems, installation, and maintenance, can be a barrier, especially for residential and smaller - scale applications.
Market Opportunities
Renewable Energy Growth: As the world shifts towards a cleaner energy future, the deployment of renewable energy technologies is increasing. This presents a significant opportunity for the lithium - ion battery energy storage market, as there is a growing need to store the energy generated by these renewable sources.
LP Information, Inc. (LPI) ' newest research report, the “Energy Storage Lithium Battery Industry Forecast” looks at past sales and reviews total world Energy Storage Lithium Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Energy Storage Lithium Battery sales for 2025 through 2031. With Energy Storage Lithium Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Energy Storage Lithium Battery industry.
This Insight Report provides a comprehensive analysis of the global Energy Storage Lithium Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Energy Storage Lithium Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Energy Storage Lithium Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Energy Storage Lithium Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Energy Storage Lithium Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of Energy Storage Lithium Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
NCx
LFP
Segmentation by Application:
Power Systems
Communication
New Energy Vehicles
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CATL
BYD
EVE
LG Energy Solution
Samsung SDI
REPT
Great Power
Gotion High-tech
Hithium
Ganfeng
CALB
Envision AESC
Poweramp
Pylon Technologies
Lishen
Saft
Kokam
Panasonic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Energy Storage Lithium Battery market?
What factors are driving Energy Storage Lithium Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Energy Storage Lithium Battery market opportunities vary by end market size?
How does Energy Storage Lithium Battery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Energy storage lithium batteries are mainly lithium battery that are used in solar and wind power generation equipment and for saving energy from renewable sources.
China's policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China's new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China's lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.
Market Drivers
Policy Support: Governments worldwide are offering support and incentives. Policies like feed - in tariff (FIT) programs and net metering policies encourage the adoption of lithium - ion battery energy storage systems by providing financial benefits to end - users.
Renewable Energy Integration: The intermittent nature of renewable energy sources such as solar and wind requires effective energy storage solutions. Lithium - ion batteries can store excess electricity generated from renewables during high - production periods and supply it during high - demand or low - generation periods, thus facilitating the integration of renewables into the grid.
Market Restraints
High Initial Costs: The cost of lithium - ion batteries, although declining, remains relatively high compared to other energy storage technologies. The upfront investment for installing and integrating lithium - ion battery energy storage systems, including associated power electronics, control systems, installation, and maintenance, can be a barrier, especially for residential and smaller - scale applications.
Market Opportunities
Renewable Energy Growth: As the world shifts towards a cleaner energy future, the deployment of renewable energy technologies is increasing. This presents a significant opportunity for the lithium - ion battery energy storage market, as there is a growing need to store the energy generated by these renewable sources.
LP Information, Inc. (LPI) ' newest research report, the “Energy Storage Lithium Battery Industry Forecast” looks at past sales and reviews total world Energy Storage Lithium Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Energy Storage Lithium Battery sales for 2025 through 2031. With Energy Storage Lithium Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Energy Storage Lithium Battery industry.
This Insight Report provides a comprehensive analysis of the global Energy Storage Lithium Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Energy Storage Lithium Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Energy Storage Lithium Battery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Energy Storage Lithium Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Energy Storage Lithium Battery.
This report presents a comprehensive overview, market shares, and growth opportunities of Energy Storage Lithium Battery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
NCx
LFP
Segmentation by Application:
Power Systems
Communication
New Energy Vehicles
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CATL
BYD
EVE
LG Energy Solution
Samsung SDI
REPT
Great Power
Gotion High-tech
Hithium
Ganfeng
CALB
Envision AESC
Poweramp
Pylon Technologies
Lishen
Saft
Kokam
Panasonic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Energy Storage Lithium Battery market?
What factors are driving Energy Storage Lithium Battery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Energy Storage Lithium Battery market opportunities vary by end market size?
How does Energy Storage Lithium Battery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
133 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Energy Storage Lithium Battery by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Energy Storage Lithium Battery by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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