Global Stationary Energy Storage System Industry

2023-2029 Global Stationary Energy Storage System Industry Research & Trends Analysis Report

Global Stationary Energy Storage System Industry

2023-2029 Global Stationary Energy Storage System Industry Research & Trends Analysis Report

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According to the research report, the global market for Stationary Energy Storage System should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

China Stationary Energy Storage System market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

The United States Stationary Energy Storage System market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.

In terms of type, Batteries System segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Industrial has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.

The global key manufacturers of Stationary Energy Storage System include BASF, NextEra Energy, Johnson Controls, Tesla, Sonnen GmbH, General Electric, Siemens, ABB and Fluence, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.

Stationary energy storage system can store energy and release it in the form of electricity when it is needed. In most cases, a stationary energy storage system will include an array of batteries, an electronic control system, inverter and thermal management system within an enclosure.

This report aims to provide a comprehensive study of the global market for Stationary Energy Storage System.
Key Takeaways and Highlights

(1) Global Stationary Energy Storage System market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.

(2) Global Stationary Energy Storage System market competitive situation, revenue and market share, from 2018 to 2022.

(3) China Stationary Energy Storage System market competitive situation, revenue and market share, from 2018 to 2022.

(4) Global Stationary Energy Storage System segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.

(5) Global Stationary Energy Storage System segment by type and by application and regional segment by type and by application.

(6) Stationary Energy Storage System industry supply chain, upstream, midstream and downstream analysis.


Regional Breakdown: Analyzing Market Segments by Geography

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa


Segmenting by Type: Comprehensive Coverage and Analysis

Batteries System

Thermal System

Mechanical System

Others


Application-Based Segmentation: Unlocking Market Opportunities

Industrial

Commercial

Residential

Others


In the Spotlight: A Closer Look at Market Players

BASF

NextEra Energy

Johnson Controls

Tesla

Sonnen GmbH

General Electric

Siemens

ABB

Fluence

RES

Eversource Energy

Invenergy LLC

Xcel Energy

Austin Energy

National Grid

1 Market Overview

1.1 Product Overview and Scope of Stationary Energy Storage System

1.2 Global Stationary Energy Storage System Market Size and Forecast

1.3 China Stationary Energy Storage System Market Size and Forecast

1.4 China Market Percentage in Global

1.4.1 By Revenue, China Stationary Energy Storage System Share in Global Market, 2018-2029

1.4.2 Stationary Energy Storage System Market Size: China VS Global, 2018-2029

1.5 Stationary Energy Storage System Market Dynamics

1.5.1 Stationary Energy Storage System Market Drivers

1.5.2 Stationary Energy Storage System Market Restraints

1.5.3 Stationary Energy Storage System Industry Trends

1.5.4 Stationary Energy Storage System Industry Policy

2 Global Competitive Situation by Company

2.1 Global Stationary Energy Storage System Revenue by Company (2018-2023)

2.2 Global Stationary Energy Storage System Participants, Market Position (Tier 1, Tier 2 and Tier 3)

2.3 Global Stationary Energy Storage System Concentration Ratio

2.4 Global Stationary Energy Storage System Mergers & Acquisitions, Expansion Plans

2.5 Global Stationary Energy Storage System Manufacturers Product Type

3 China Competitive Situation by Company

3.1 China Stationary Energy Storage System Revenue by Company (2018-2023)

3.2 China Stationary Energy Storage System Stationary Energy Storage System Participants, Market Position (Tier 1, Tier 2 and Tier 3)

3.3 China Stationary Energy Storage System, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)

4 Industry Chain Analysis

4.1 Stationary Energy Storage System Industry Chain

4.2 Stationary Energy Storage System Upstream Analysis

4.3 Stationary Energy Storage System Midstream Analysis

4.4 Stationary Energy Storage System Downstream Analysis

5 Sights by Type

5.1 Stationary Energy Storage System Classification

5.1.1 Batteries System

5.1.2 Thermal System

5.1.3 Mechanical System

5.1.4 Others

5.2 By Type, Global Stationary Energy Storage System Market Size & CAGR, 2018 VS 2022 VS 2029

5.3 By Type, Global Stationary Energy Storage System Revenue, 2018-2029

6 Sights by Application

6.1 Stationary Energy Storage System Segment by Application

6.1.1 Industrial

6.1.2 Commercial

6.1.3 Residential

6.1.4 Others

6.2 By Application, Global Stationary Energy Storage System Market Size & CAGR, 2018 VS 2022 VS 2029

6.3 By Application, Global Stationary Energy Storage System Revenue, 2018-2029

7 Sales Sights by Region

7.1 By Region, Global Stationary Energy Storage System Market Size, 2018 VS 2022 VS 2029

7.2 By Region, Global Stationary Energy Storage System Market Size, 2018-2029

7.3 North America

7.3.1 North America Stationary Energy Storage System Market Size & Forecasts, 2018-2029

7.3.2 By Country, North America Stationary Energy Storage System Market Size Market Share

7.4 Europe

7.4.1 Europe Stationary Energy Storage System Market Size & Forecasts, 2018-2029

7.4.2 By Country, Europe Stationary Energy Storage System Market Size Market Share

7.5 Asia Pacific

7.5.1 Asia Pacific Stationary Energy Storage System Market Size & Forecasts, 2018-2029

7.5.2 By Country/Region, Asia Pacific Stationary Energy Storage System Market Size Market Share

7.6 South America

7.6.1 South America Stationary Energy Storage System Market Size & Forecasts, 2018-2029

7.6.2 By Country, South America Stationary Energy Storage System Market Size Market Share

7.7 Middle East & Africa

8 Sights by Country Level

8.1 By Country, Global Stationary Energy Storage System Market Size & CAGR，2018 VS 2022 VS 2029

8.2 By Country, Global Stationary Energy Storage System Market Size, 2018-2029

8.3 U.S.

8.3.1 U.S. Stationary Energy Storage System Market Size, 2018-2029

8.3.2 By Company, U.S. Stationary Energy Storage System Revenue Market Share, 2018-2023

8.3.3 By Type, U.S. Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.3.4 By Application, U.S. Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.4 Europe

8.4.1 Europe Stationary Energy Storage System Market Size, 2018-2029

8.4.2 By Company, Europe Stationary Energy Storage System Revenue Market Share, 2018-2023

8.4.3 By Type, Europe Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.4.4 By Application, Europe Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.5 China

8.5.1 China Stationary Energy Storage System Market Size, 2018-2029

8.5.2 By Company, China Stationary Energy Storage System Revenue Market Share, 2018-2023

8.5.3 By Type, China Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.5.4 By Application, China Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.6 Japan

8.6.1 Japan Stationary Energy Storage System Market Size, 2018-2029

8.6.2 By Company, Japan Stationary Energy Storage System Revenue Market Share, 2018-2023

8.6.3 By Type, Japan Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.6.4 By Application, Japan Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.7 South Korea

8.7.1 South Korea Stationary Energy Storage System Market Size, 2018-2029

8.7.2 By Company, South Korea Stationary Energy Storage System Revenue Market Share, 2018-2023

8.7.3 By Type, South Korea Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.7.4 By Application, South Korea Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.8 Southeast Asia

8.8.1 Southeast Asia Stationary Energy Storage System Market Size, 2018-2029

8.8.2 By Company, Southeast Asia Stationary Energy Storage System Revenue Market Share, 2018-2023

8.8.3 By Type, Southeast Asia Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.8.4 By Application, Southeast Asia Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.9 India

8.9.1 India Stationary Energy Storage System Market Size, 2018-2029

8.9.2 By Company, India Stationary Energy Storage System Revenue Market Share, 2018-2023

8.9.3 By Type, India Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.9.4 By Application, India Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.10 Middle East & Asia

8.10.1 Middle East & Asia Stationary Energy Storage System Market Size, 2018-2029

8.10.2 By Company, Middle East & Asia Stationary Energy Storage System Revenue Market Share, 2018-2023

8.10.3 By Type, Middle East & Asia Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

8.10.4 By Application, Middle East & Asia Stationary Energy Storage System Revenue Market Share, 2022 VS 2029

9 Global Manufacturers Profile

9.1 BASF

9.1.1 BASF Company Information, Head Office, Market Area and Industry Position

9.1.2 BASF Company Profile and Main Business

9.1.3 BASF Stationary Energy Storage System Models, Specifications and Application

9.1.4 BASF Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.1.5 BASF Recent Developments

9.2 NextEra Energy

9.2.1 NextEra Energy Company Information, Head Office, Market Area and Industry Position

9.2.2 NextEra Energy Company Profile and Main Business

9.2.3 NextEra Energy Stationary Energy Storage System Models, Specifications and Application

9.2.4 NextEra Energy Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.2.5 NextEra Energy Recent Developments

9.3 Johnson Controls

9.3.1 Johnson Controls Company Information, Head Office, Market Area and Industry Position

9.3.2 Johnson Controls Company Profile and Main Business

9.3.3 Johnson Controls Stationary Energy Storage System Models, Specifications and Application

9.3.4 Johnson Controls Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.3.5 Johnson Controls Recent Developments

9.4 Tesla

9.4.1 Tesla Company Information, Head Office, Market Area and Industry Position

9.4.2 Tesla Company Profile and Main Business

9.4.3 Tesla Stationary Energy Storage System Models, Specifications and Application

9.4.4 Tesla Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.4.5 Tesla Recent Developments

9.5 Sonnen GmbH

9.5.1 Sonnen GmbH Company Information, Head Office, Market Area and Industry Position

9.5.2 Sonnen GmbH Company Profile and Main Business

9.5.3 Sonnen GmbH Stationary Energy Storage System Models, Specifications and Application

9.5.4 Sonnen GmbH Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.5.5 Sonnen GmbH Recent Developments

9.6 General Electric

9.6.1 General Electric Company Information, Head Office, Market Area and Industry Position

9.6.2 General Electric Company Profile and Main Business

9.6.3 General Electric Stationary Energy Storage System Models, Specifications and Application

9.6.4 General Electric Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.6.5 General Electric Recent Developments

9.7 Siemens

9.7.1 Siemens Company Information, Head Office, Market Area and Industry Position

9.7.2 Siemens Company Profile and Main Business

9.7.3 Siemens Stationary Energy Storage System Models, Specifications and Application

9.7.4 Siemens Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.7.5 Siemens Recent Developments

9.8 ABB

9.8.1 ABB Company Information, Head Office, Market Area and Industry Position

9.8.2 ABB Company Profile and Main Business

9.8.3 ABB Stationary Energy Storage System Models, Specifications and Application

9.8.4 ABB Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.8.5 ABB Recent Developments

9.9 Fluence

9.9.1 Fluence Company Information, Head Office, Market Area and Industry Position

9.9.2 Fluence Company Profile and Main Business

9.9.3 Fluence Stationary Energy Storage System Models, Specifications and Application

9.9.4 Fluence Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.9.5 Fluence Recent Developments

9.10 RES

9.10.1 RES Company Information, Head Office, Market Area and Industry Position

9.10.2 RES Company Profile and Main Business

9.10.3 RES Stationary Energy Storage System Models, Specifications and Application

9.10.4 RES Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.10.5 RES Recent Developments

9.11 Eversource Energy

9.11.1 Eversource Energy Company Information, Head Office, Market Area and Industry Position

9.11.2 Eversource Energy Company Profile and Main Business

9.11.3 Eversource Energy Stationary Energy Storage System Models, Specifications and Application

9.11.4 Eversource Energy Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.11.5 Eversource Energy Recent Developments

9.12 Invenergy LLC

9.12.1 Invenergy LLC Company Information, Head Office, Market Area and Industry Position

9.12.2 Invenergy LLC Company Profile and Main Business

9.12.3 Invenergy LLC Stationary Energy Storage System Models, Specifications and Application

9.12.4 Invenergy LLC Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.12.5 Invenergy LLC Recent Developments

9.13 Xcel Energy

9.13.1 Xcel Energy Company Information, Head Office, Market Area and Industry Position

9.13.2 Xcel Energy Company Profile and Main Business

9.13.3 Xcel Energy Stationary Energy Storage System Models, Specifications and Application

9.13.4 Xcel Energy Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.13.5 Xcel Energy Recent Developments

9.14 Austin Energy

9.14.1 Austin Energy Company Information, Head Office, Market Area and Industry Position

9.14.2 Austin Energy Company Profile and Main Business

9.14.3 Austin Energy Stationary Energy Storage System Models, Specifications and Application

9.14.4 Austin Energy Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.14.5 Austin Energy Recent Developments

9.15 National Grid

9.15.1 National Grid Company Information, Head Office, Market Area and Industry Position

9.15.2 National Grid Company Profile and Main Business

9.15.3 National Grid Stationary Energy Storage System Models, Specifications and Application

9.15.4 National Grid Stationary Energy Storage System Revenue and Gross Margin, 2018-2023

9.15.5 National Grid Recent Developments

10 Conclusion

11 Appendix

11.1 Research Methodology

11.2 Data Source

11.2.1 Secondary Sources

11.2.2 Primary Sources

11.3 Market Estimation Model

11.4 Disclaimer

Tables & Figures:
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Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Stationary Energy Storage System Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Why is the Stationary Energy Storage System Market trending toward high growth trajectories?
A dynamic process in the Stationary Energy Storage System Market is initiated by new entrants, including competitors from unrelated industries, in addition to the established players like Tesla, LG Chem, Panasonic, BYD, Siemens.
Why are some of the most well-known companies left out of the Stationary Energy Storage System Market study?
The Stationary Energy Storage System study includes a diverse group of participants, including both market leaders and up-and-comers. Contact our sales representative to receive a complete list of companies covered in the study.
Who are the significant end-users in the Stationary Energy Storage System Market?
The key end-users in the Stationary Energy Storage System Market are Renewable Energy Storage, Grid Stabilization, Residential Backup
What is the market value of the Stationary Energy Storage System Industry?
In 2024, the Stationary Energy Storage System Market share exceeded USD xx million. Between 2025 and 2030, it will grow at a CAGR of yy%.
What challenges does the Stationary Energy Storage System Market face in the future?
The convergence of various vital triggers, including a major slowdown in Western economies, and some critical points in globalization, leads to the transformation of business in the Stationary Energy Storage System Market across the extensive corporate landscape.
What is the CAGR at which the Stationary Energy Storage System Market can expand?
During the forecast years, the Stationary Energy Storage System Market can thrive with a robust CAGR.