Global Energy Storage Systems Market Forecasts Robust Growth Driven by Renewables and Technological Advancements
CARBON CAPTURE
The global energy storage systems (ESS) market is set for remarkable growth, projected to rise from USD 288.97 billion in 2025 to USD 569.39 billion by 2034, achieving a CAGR of 7.87%. With an estimated market size of USD 266.82 billion in 2024, this upward trend is driven by increasing demands for grid reliability, renewable energy integration, and innovative technological advancements. The expanding ESS market highlights the critical role of energy storage in the transition to sustainable energy solutions.
Aug 11, 2025, 12:00 AM
