BESS Market Growing At 17.56% CAGR Forecast 2030, CATL, Tesla Inc, LG Energy Solution, Samsung SDI Co | Mordor Intelligence

According to Mordor Intelligence, BESS Market Size, Share & Trends Forecast 2025-2030,” offers an in-depth analysis of the regional dynamics shaping this rapidly evolving industry.

— Global BESS Market size was estimated at USD 76.69 billion in 2025 and projected to reach USD 172.17 billion by 2030, registering a CAGR of 17.56% during the forecast period.

Battery energy storage systems are no longer limited to niche applications. They are becoming mainstream infrastructure, enabling utilities, businesses, and households to store electricity and release it when required. With supportive policies in regions such as North America, Europe, and Asia-Pacific, BESS is now recognized as a cornerstone of future energy systems.

Emerging Trends in the Battery Energy Storage System Industry

Utility-scale procurement mandates: Governments in the United States, China, and the European Union are issuing large-scale procurement targets. California’s long-duration storage solicitation, China’s multi-gigawatt tenders, and South Korea’s awarded projects are giving developers visibility and confidence in revenue streams

Grid-forming inverter adoption: Moving from grid-following to grid-forming systems allows batteries to provide synthetic inertia and voltage support. This enhances grid stability and opens new revenue opportunities for developers, particularly in hybrid solar-storage projects

Solar-plus-storage price parity: In markets like Australia and Chile, four-hour batteries paired with solar are now competitive with gas peaker plants. This demonstrates that BESS can deliver firm evening supply at affordable rates, accelerating adoption in high-irradiance regions

Battery Energy Storage System Segmentation:

By Battery Type

By Connection Type

By Component

By Energy Capacity Range

By End-User Application

By Geography

Read the full report and access market snapshots that include both global views and Japan-specific analysis: https://www.mordorintelligence.com/ja/industry-reports/battery-energy-storage-system-market?utm_source=marketersmedia

BESS Key Players:

Conclusion: Battery Energy Storage System Market Outlook to 2030

Policy support, falling battery costs, and the need for reliable renewable integration are driving this expansion. At the same time, challenges such as supply chain bottlenecks, fire-safety compliance, and interconnection delays must be addressed to sustain growth.

Explore Regional Report:

North America Energy Storage Market: The report segments the market by type (batteries, pumped-storage hydro, thermal energy storage, and others), by application (residential and commercial & industrial), and by geography (US, Canada, and rest of North America).

Get Full Report Details: https://www.mordorintelligence.com/industry-reports/noth-america-energy-storage-market?utm_source=marketersmedia

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