Global Large Energy Storage Equipment Market Growth (Status and Outlook) 2025-2031

The global Large Energy Storage Equipment market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Different from low-power energy storage for household use, the energy storage power used in new energy power stations, power grids and other scenarios is higher, referred to as "large storage". The role of large-scale energy storage equipment is mainly to adjust power peaks, alleviate grid congestion, and delay transmission and distribution expansion.

China and the United States are the main markets for large-scale energy storage equipment, and the European market is also gradually starting. In 2022, China"s new installed capacity will be 14.6GWh, and it is expected that the newly installed capacity will reach 111.7GWh in 2025. The demand for large-scale energy storage equipment mainly comes from wind power and the demand for flexible resources generated by the high proportion of photovoltaics connected to the grid. China has adopted strong allocation policies + market construction, and Europe and the United States have gradually improved the business model of large-scale energy storage projects through subsidy incentives + market-oriented reporting , the installed capacity continues to increase. From the perspective of technology, pumped hydro storage has a large scale, and lithium battery energy storage is the main increase.

LPI (LP Information)' newest research report, the “Large Energy Storage Equipment Industry Forecast” looks at past sales and reviews total world Large Energy Storage Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Large Energy Storage Equipment sales for 2025 through 2031. With Large Energy Storage Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Large Energy Storage Equipment industry.

This Insight Report provides a comprehensive analysis of the global Large Energy Storage Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Large Energy Storage Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Large Energy Storage Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Large Energy Storage Equipment 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 Large Energy Storage Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Large Energy Storage Equipment market by product type, application, key players and key regions and countries.

Segmentation by Type:
Battery Energy Storage
Pumped Storage
Molten Salt Energy Storage
Other

Segmentation by Application:
Power Generation Side
Grid Side

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 analyzing the company's coverage, product portfolio, its market penetration.
Siemens Energy
EVESCO LLC
Stem, Inc
EVLO Energy Storage
Energy Vault, Inc
GE
NextEra Energy
MAN Energy Solutions
Toshiba
Atlas Copco
ABB
ANDRITZ
NARI TECHNOLOGY CO..LTD
Zhejiang Narada Power Source Co.,Ltd
Sineng Electric Co., Ltd
Beijing HyperStrong Technology Co., Ltd
BYD
SUNGROW
Dongfang Electric Corporation
CHINA SOUTHERN POWER GRID
Shenzhen CLOU Electronics Co. Ltd
JST Power Equipment, INC
SHANGHAI ELECTRIC
XIZICE

Please note: The report will take approximately 2 business days to prepare and deliver.