<2025> Global ESS Market Outlook (~2035)
As the global energy paradigm undergoes a
rapid transformation, Energy Storage Systems (ESS) are emerging as a key
infrastructure for green energy transition and power market stabilization. In
response, SNE Research has newly published the "Global ESS Mid-to-Long
Term Market Outlook Report (2023–2035)". This report offers strategic
insights into the ESS industry by comprehensively analyzing major trends such
as shifting government policies, technological advancements, and the expanding
applications in industrial and commercial sectors.
1. Summary of key recent developments in
major global markets
▶ China: World’s fastest-growing market
driven by government subsidies and industrial policy
- As of 2024, cumulative installed capacity reached 168 GWh with
42.3 GW added annually
- Strong growth in industrial/commercial ESS, particularly in
high-energy sectors like steel, cement, and chemicals
- Economic viability improved significantly due to sharp drop in
LFP battery prices and EPC cost reductions
- Market acceleration driven by state-led carbon neutrality
targets and policies leveraging power peak/valley price gaps
▶ North America: Potential impact of
Trump administration’s return and tariff policies
- Market growth accelerating due to IRA-driven tax incentives and
state-level subsidies
- Possible headwinds from renewed high tariffs on Chinese
batteries under a Trump presidency
- Increasing need for Korean companies to invest in ESS battery
production in the U.S.
▶ Europe & Middle East: Surge in
demand for grid flexibility amid renewables expansion
- With renewable energy surpassing 50% in countries like Germany
and the UK, ESS is emerging as critical infrastructure
- Major Middle Eastern nations including Saudi Arabia and the UAE
announcing large-scale tenders over 100 MWh
▶ Rise of AI Data Centers: Increasing
demand for long-duration, high-power ESS
- Surge in large-scale data centers driven by growing AI
computational needs
We hope this report, offering deep insights
into the present and future of the ESS industry, will serve as a valuable guide
for your strategic planning.
Contents
Ⅰ. Global ESS Market and ESS Technology
Outlook
1. Global ESS Market Outlook
2. ESS Market Outlook by Technology
3. Analysis of ESS Technology Benefits/Shortcomings
Ⅱ. Global ESS Outlook by Application
1. Grid
2. Commercial / Residential
3. Communication / UPS
Ⅲ. Global LiB –
ESS Market Outlook
1. Global LiB – ESS Demand Outlook
2. Outlook by Application
3. Outlook by Region
4. M/S by Region
Ⅳ. LiB-ESS Market Outlook by Application
1. Grid
2. Commercial
3. Residential
4. Communication
5. UPS
Ⅴ. LiB-ESS Market Outlook by Country
1. North America
2. Europe
3. China
4. Japan
5. Korea
6. Others
Ⅵ. Price Outlook (Based on Battery)
Ⅶ. LiB Supply and Outlook by
Manufacturer
1. Battery for ESS Supply and Outlook (‘20~’35)
2. Mid/Long-term Supply Outlook by Manufacturer(‘20~’35)
3. Battery Supply Outlook by Type (‘20~’35)
4. Battery Supply Outlook by Chemical (‘20~’35)
[Annex] Global ESS Distribution
Expansion Policy
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U.S.
-
Europe
-
China