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Europe and South America Energy Storage Market Research Report by Technology (Pumped Hydro Storage, Battery Energy Storage, Compressed Air Energy Storage, Flywheel Energy Storage, Others), by Type (Mechanical, Thermal, Electro-Chemical, Chemical), by End-

Publisher Market Research Future
Published Dec 05, 2025
Length 153 Pages
SKU # RESFT20764156

Description

The Europe and South America energy storage market is on a high-growth trajectory, registering a 15.7% CAGR and reaching USD 43,940.5 million by 2035. Energy storage is a great solution that makes it possible for excess production of energy to be stored for later use, thereby making the grid more balanced and dependable.

Strong Financial and Strategic Support
Programs funded by the EU and the loosening of state-aid rules have paved the way for more battery installations. Strategic initiatives further position energy storage as a core energy transition enabler.

Market Segmentation Snapshot
By Technology
• Pumped Hydro Storage: Large-scale, long-duration grid balancing
• Battery Energy Storage: Fast-response, scalable power storage
• Compressed Air Energy Storage: Bulk storage using underground caverns
• Flywheel Energy Storage: High-speed, short-duration energy delivery
• Others: Emerging and niche storage solutions
By Type
• Mechanical: Physical motion-based energy storage systems
• Thermal: Heat-based energy capture and reuse
• Electro-Chemical: Battery-driven electrical energy storage
• Chemical: Energy stored through chemical reactions
By End-User
• Utility: Grid-scale storage for network stability
• Commercial & Industrial: Cost optimization and backup power
• Residential: Home energy storage for self-consumption

Rising Investment and Market Potential
Both regions are witnessing a rapid increase in the adoption of storage technologies as a result of the growing investments and policy support. Collaborative strategic partnerships are paving the way for long-term growth and increased market resilience.

Key Report Attributes
• Market Size 2024: USD 8,901.9 Million
• Market Size 2035: USD 43,940.5 Million
• CAGR (2025-2035): 15.7%
• Base Year: 2024
• Market Forecast Period: 2025-2035

Industry Segmentations Growth
• By Technology: Pumped Hydro Storage - 11.0%, Battery Energy Storage - 15.9%.
• By Type: Mechanical - 12.6%, Thermal - 12.4%.
• By End-User: Utility - 15.5%, Commercial & Industrial - 15.2%.

Table of Contents

153 Pages
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Mining Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.6 Approaches For Market Size Estimation:
3.6.1 Consumption & Net Trade Approach
3.6.2 Revenue Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Renewable Energy Expansion
4.2.2 Policy & Regulatory Support
4.3 Restraints
4.3.1 High Upfront Costs
4.3.2 Lack Of Financial Incentives/Subsidies
4.4 Opportunity
4.4.1 Falling Battery Costs
4.4.2 Solar + Storage Growth In Mining Sector
4.5 Impact Analysis Of Russia Ukraine War
4.6 Impact Of Trump 2.0
5 Market Factor Analysis
5.1 Supply/Value Chain Analysis
5.1.1 Raw Material Sourcing
5.1.2 Component Manufacturing
5.1.3 Assembly & System Integration
5.1.4 Logistics And Distribution
5.1.5 End-use Applications
5.2 Porter’s Five Forces Model: Europe Energy Storage Market
5.2.1 Threat Of New Entrants – Moderate
5.2.2 Threat Of Substitutes – Moderate
5.2.3 Bargaining Power Of Suppliers – High
5.2.4 Bargaining Power Of Buyers- Moderate To High
5.2.5 Intensity Of Rivalry- High
5.3 Porter’s Five Forces Model: South America Energy Storage Market
5.3.1 Threat Of New Entrants- Moderate
5.3.2 Threat Of Substitutes – Moderate
5.3.3 Bargaining Power Of Suppliers- High
5.3.4 Bargaining Power Of Buyers- Low To Moderate
5.3.5 Intensity Of Rivalry- Moderate
5.4 Pestle Analysis
5.5 Pricing Analysis, By Region, 2019-2035, Usd/Kw
5.6 Technology Advancements
5.6.1 Compatibility With End-user Industries
5.6.2 Advanced Testing And Analysis
5.6.3 Regulatory Framework
5.6.4 Government Policies
5.6.6 Certification And Standards
6 Europe & South America Energy Storage Market, By Technology
6.1 Overview
6.2 Pumped Hydro Storage
6.3 Battery Energy Storage
6.4 Compressed Air Energy Storage
6.5 Flywheel Energy Storage
6.6 Others
7 Europe & South America Energy Storage Market, By Type
7.1 Overview
7.2 Mechanical
7.3 Thermal
7.4 Electro-chemical
7.5 Chemical
8 Europe & South America Energy Storage Market, By End-user
8.1 Overview
8.2 Utility
8.3 Commercial & Industrial
8.4 Residential
9 Europe & South America Energy Storage Market, By Region
9.1 Overview
9.2 Europe
9.2.1 Germany
9.2.2 Uk
9.2.3 France
9.2.4 Russia
9.2.5 Italy
9.2.6 Spain
9.2.7 Netherlands
9.2.8 Poland
9.2.9 Czech Republic
9.2.10 Romania
9.2.11 Hungary
9.2.12 Rest Of Europe
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Rest Of South America
10 Competitive Landscape
10.1 Introduction
10.2 Market Share Analysis, 2024
10.3 Competition Dashboard
10.4 Comparative Analysis: Key Players Financial
10.5 Key Developments & Growth Strategies
10.5.1 Acquisition
10.5.2 Capacity Expansion
10.5.3 New Product Launch
11 Company Profiles
11.1 Abb
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products Offered
11.1.4 Key Developments
11.1.5 Swot Analysis
11.1.6 Key Strategy
11.2 Siemens
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offered
11.2.4 Key Developments
11.2.5 Swot Analysis
11.2.6 Key Strategy
11.3 Byd
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Products Offered
11.3.4 Key Developments
11.3.5 Swot Analysis
11.3.6 Key Strategy
11.4 Tesla Energy
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offered
11.4.4 Key Developments
11.4.5 Swot Analysis
11.4.6 Key Strategy
11.5 Sma Solar
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offered
11.5.4 Key Developments
11.5.5 Swot Analysis
11.5.6 Key Strategy
11.6 Varta Ag
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offered
11.6.4 Key Developments
11.6.5 Swot Analysis
11.6.6 Key Strategy
11.7 Eaton
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products Offered
11.7.4 Key Developments
11.7.5 Swot Analysis
11.7.6 Key Strategy
11.8 Wärtsilä
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Products Offered
11.8.4 Key Developments
11.8.5 Swot Analysis
11.8.6 Key Strategy
11.9 Sungrow
11.9.1 Company Overview
11.9.2 Financial Overview
11.9.3 Products Offered
11.9.4 Key Developments
11.9.5 Swot Analysis
11.9.6 Key Strategy
11.10 Battlink
11.10.1 Company Overview
11.10.2 Financial Overview
11.10.3 Products Offered
11.10.4 Key Developments
11.10.5 Swot Analysis
11.10.6 Key Strategy
11.11 Data Citations
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 1 Europe & South America Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 2 Europe & South America Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 3 Europe & South America Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 4 Europe & South America Energy Storage Market, By Region, 2019-2035 (Usd Million)
Table 5 Europe Energy Storage Market, By Country, 2019-2035 (Usd Million)
Table 6 Europe Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 7 Europe Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 8 Europe Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 9 Germany Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 10 Germany Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 11 Germany Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 12 Uk Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 13 Uk Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 14 Uk Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 15 France Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 16 France Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 17 France Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 18 Russia Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 19 Russia Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 20 Russia Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 21 Italy Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 22 Italy Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 23 Italy Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 24 Spain Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 25 Spain Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 26 Spain Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 27 Netherlands Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 28 Netherlands Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 29 Netherlands Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 30 Poland Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 31 Poland Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 32 Poland Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 33 Czech Republic Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 34 Czech Republic Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 35 Czech Republic Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 36 Romania Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 37 Romania Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 38 Romania Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 39 Hungary Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 40 Hungary Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 41 Hungary Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 42 Rest Of Europe Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 43 Rest Of Europe Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 44 Rest Of Europe Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 45 South America Energy Storage Market, By Country, 2019-2035 (Usd Million)
Table 46 South America Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 47 South America Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 48 South America Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 49 Brazil Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 50 Brazil Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 51 Brazil Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 52 Argentina Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 53 Argentina Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 54 Argentina Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 55 Rest Of South America Energy Storage Market, By Technology, 2019-2035 (Usd Million)
Table 56 Rest Of South America Energy Storage Market, By Type, 2019-2035 (Usd Million)
Table 57 Rest Of South America Energy Storage Market, By End-user, 2019-2035 (Usd Million)
Table 58 Competition Dashboard: Europe And South America Energy Storage Market
Table 59 Comparative Analysis: Key Players Financial
Table 60 Acquisition
Table 61 Capacity Expansion
Table 62 New Product Launch
Table 63 Abb Products Offered
Table 64 Abb: Key Developments
Table 65 Siemens Company: Products Offered
Table 66 Siemens Company: Key Developments
Table 67 Byd Products Offered
Table 68 Byd: Key Developments
Table 69 Tesla Energy Products Offered
Table 70 Tesla Energy Key Developments
Table 71 Sma Solar: Products Offered
Table 72 Sma Solar: Key Development
Table 73 Varta Ag Products Offered
Table 74 Eaton. Products Offered
Table 75 Wärtsilä.Products Offered
Table 76 Sungrow Products Offered
Table 77 Battlink: Products Offered
List Of Figures
Figure 1 Europe And South America Energy Storage Market Snapshot, 2024
Figure 2 Europe And South America Energy Storage Market: Structure
Figure 3 Europe And South America Energy Storage Market: Market Growth Factor Analysis (2019-2035)
Figure 4 Share Of Renewables In Net Electricity Generation Across Eu Countries In 2024 And Breakdown Of Renewable
Energy Sources In The Eu Electricity Generation Mix, 2024
Figure 5 Annual Installed Onshore And Offshore Wind Power Capacity In Europe (2014–2023) And Top Wind Power
Installers In Europe – 2023 (In Gw)
Figure 6 Top 10 Countries By Installed Hydropower Capacity (Mw) 2024
Figure 7 Top 10 Countries By Installed Hydropower Capacity (Mw) 2024
Figure 8 Solar Distributed Generation Capacity In Brazil (2013–2023) And Solar Distributed Generation Capacity In Brazil,
By State (2023/2024)
Figure 9 South America’s Electricity Generation By Source In 2024
Figure 10 Top Countries In South America Ranked By Total Installed Hydropower Capacity In 2024 (Mw) And Top Countries
By Capacity Added In 2024 (Mw)
Figure 11 Driver Impact Analysis (2025-2035)
Figure 12 Restraint Impact Analysis (2025-2035)
Figure 13 Volume-weighted Average Lithium-ion Battery Prices By Component (2013–2024, Real 2024 $/Kwh)
Figure 14 Supply Chain: Europe And South America Energy Storage Market
Figure 15 Porter's Five Forces Analysis Of The Energy Storage Market
Figure 16 Europe & South America Energy Storage Market, By Technology, 2024 (% Share)
Figure 17 Europe & South America Energy Storage Market, By Type, 2024 (% Share)
Figure 18 Europe & South America Energy Storage Market, By End-user, 2024 (% Share)
Figure 19 Europe & South America Energy Storage Market, By Region, 2024 (% Share)
Figure 20 Europe And South America Energy Storage Market Major Players Market Share Analysis, 2024 (%)
Figure 21 Abb Financial Overview
Figure 22 Abb.: Swot Analysis
Figure 23 Siemens Financial Overview
Figure 24 Siemens Company: Swot Analysis
Figure 25 Byd Financial Overview
Figure 26 Byd Electric Swot Analysis
Figure 27 Tesla Energy Financial Overview
Figure 28 Tesla Energy, Swot Analysis
Figure 29 Sma Solar: Financial Overview
Figure 30 Sma Solar: Swot Analysis
Figure 31 Varta Ag Financial Overview
Figure 32 Varta Agswot Analysis
Figure 33 Eaton Financial Overview
Figure 34 Eaton.Swot Analysis
Figure 35 Wärtsilä.Financial Overview
Figure 36 Wärtsilä Swot Analysis
Figure 37 Sungrow Financial Overview Snapshot
Figure 38 Sungrow Swot Analysis
Figure 39 Battlink Swot Analysis 149

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