APO RESEARCH · REPORT
Energy Storage Systems (ESS)
Energy storage systems receive energy, retain it and deliver it later, using technologies selected for the required duty.
Product & engineering
Understand the product.
Energy storage systems are the set of methods and technologies used to store various forms of energy.Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery.
Battery systems integrate cells or packs with power conversion, thermal management and controls. Other storage technologies use different physical architectures.
Power and energy ratings describe different capabilities. Usable energy, round-trip losses and availability depend on the operating boundary and service conditions.
What turns activity into demand
Short high-power support and long-duration delivery require different system comparisons. Separate storage components from complete systems, project installation and dispatched electricity.
The commercial boundary
Separate storage components from complete systems, project installation and dispatched electricity.
Technical reading
Selected research
Industry Research
Energy Storage Systems (ESS) Industry Research Report 2026
Market perspective
Energy storage systems are the set of methods and technologies used to store various forms of energy.Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery.
Global Energy Storage System (ESS) key players include Samsung SDI, LG Chem, Fluence, Hitachi, Kokam, etc. Global top five manufacturers hold a share about 50%. Asia Pacific is the largest market, with a share about 40%, followed by Europe and North America, both have a share about 45%. In terms of product, Lithium is the largest segment, with a share over 88%. And in terms of application, the largest application is Residental,followed by Utility and Commercial.
Report Scope
Read the full market overview
This report quantifies the global Energy Storage Systems (ESS) market in revenue (US$ million) and, where applicable, sales volume (MW), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/MW) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Energy Storage Systems (ESS).
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Energy Storage Systems (ESS) Market by Company
Samsung SDI
LG Chem
Fluence
Hitachi
Kokam
LSIS
SMA Solar Technology
NGK
General Electric
Primus Power
Panasonic
BYD
Younicos
ABB
Saft
Lockheed Martin Energy
Eos Energy Storage
Con Edison Solutions
Energy Storage Systems (ESS) Segment by Type
Lithium
Lead Acid
NaS
Others
Energy Storage Systems (ESS) Segment by Application
Residential
Utility & Commercial
Energy Storage Systems (ESS) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Energy Storage Systems (ESS) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Energy Storage Systems (ESS) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Energy Storage Systems (ESS).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Energy Storage Systems (ESS) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Energy Storage Systems (ESS) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Energy Storage Systems (ESS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Lithium
- Lead Acid
- NaS
- Others
Applications
- Residential
- Utility & Commercial
Companies covered
- Samsung SDI
- LG Chem
- Fluence
- Hitachi
- Kokam
- LSIS
- SMA Solar Technology
- NGK
- General Electric
- Primus Power
- Panasonic
- BYD
- Younicos
- ABB
- Saft
- Lockheed Martin Energy
- Eos Energy Storage
- Con Edison Solutions
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Energy Storage Systems (ESS) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Lithium
- 2.2.3 Lead Acid
- 2.2.4 NaS
- 2.2.5 Others
- 2.3 Energy Storage Systems (ESS) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Residential
- 2.3.3 Utility & Commercial
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Energy Storage Systems (ESS) Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Energy Storage Systems (ESS) Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Energy Storage Systems (ESS) Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Energy Storage Systems (ESS) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Energy Storage Systems (ESS) Production by Manufacturers (2021-2026)
- 3.2 Global Energy Storage Systems (ESS) Production Value by Manufacturers (2021-2026)
- 3.3 Global Energy Storage Systems (ESS) Average Price by Manufacturers (2021-2026)
- 3.4 Global Energy Storage Systems (ESS) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Energy Storage Systems (ESS) Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Energy Storage Systems (ESS) Manufacturers, Product Type & Application
- 3.7 Global Energy Storage Systems (ESS) Manufacturers Established Date
- 3.8 Global Energy Storage Systems (ESS) Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Samsung SDI
- 4.1.1 Samsung SDI Energy Storage Systems (ESS) Company Information
- 4.1.2 Samsung SDI Energy Storage Systems (ESS) Business Overview
- 4.1.3 Samsung SDI Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.1.4 Samsung SDI Product Portfolio
- 4.1.5 Samsung SDI Recent Developments
- 4.2 LG Chem
- 4.2.1 LG Chem Energy Storage Systems (ESS) Company Information
- 4.2.2 LG Chem Energy Storage Systems (ESS) Business Overview
- 4.2.3 LG Chem Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.2.4 LG Chem Product Portfolio
- 4.2.5 LG Chem Recent Developments
- 4.3 Fluence
- 4.3.1 Fluence Energy Storage Systems (ESS) Company Information
- 4.3.2 Fluence Energy Storage Systems (ESS) Business Overview
- 4.3.3 Fluence Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.3.4 Fluence Product Portfolio
- 4.3.5 Fluence Recent Developments
- 4.4 Hitachi
- 4.4.1 Hitachi Energy Storage Systems (ESS) Company Information
- 4.4.2 Hitachi Energy Storage Systems (ESS) Business Overview
- 4.4.3 Hitachi Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.4.4 Hitachi Product Portfolio
- 4.4.5 Hitachi Recent Developments
- 4.5 Kokam
- 4.5.1 Kokam Energy Storage Systems (ESS) Company Information
- 4.5.2 Kokam Energy Storage Systems (ESS) Business Overview
- 4.5.3 Kokam Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.5.4 Kokam Product Portfolio
- 4.5.5 Kokam Recent Developments
- 4.6 LSIS
- 4.6.1 LSIS Energy Storage Systems (ESS) Company Information
- 4.6.2 LSIS Energy Storage Systems (ESS) Business Overview
- 4.6.3 LSIS Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.6.4 LSIS Product Portfolio
- 4.6.5 LSIS Recent Developments
- 4.7 SMA Solar Technology
- 4.7.1 SMA Solar Technology Energy Storage Systems (ESS) Company Information
- 4.7.2 SMA Solar Technology Energy Storage Systems (ESS) Business Overview
- 4.7.3 SMA Solar Technology Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.7.4 SMA Solar Technology Product Portfolio
- 4.7.5 SMA Solar Technology Recent Developments
- 4.8 NGK
- 4.8.1 NGK Energy Storage Systems (ESS) Company Information
- 4.8.2 NGK Energy Storage Systems (ESS) Business Overview
- 4.8.3 NGK Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.8.4 NGK Product Portfolio
- 4.8.5 NGK Recent Developments
- 4.9 General Electric
- 4.9.1 General Electric Energy Storage Systems (ESS) Company Information
- 4.9.2 General Electric Energy Storage Systems (ESS) Business Overview
- 4.9.3 General Electric Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.9.4 General Electric Product Portfolio
- 4.9.5 General Electric Recent Developments
- 4.10 Primus Power
- 4.10.1 Primus Power Energy Storage Systems (ESS) Company Information
- 4.10.2 Primus Power Energy Storage Systems (ESS) Business Overview
- 4.10.3 Primus Power Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.10.4 Primus Power Product Portfolio
- 4.10.5 Primus Power Recent Developments
- 4.11 Panasonic
- 4.11.1 Panasonic Energy Storage Systems (ESS) Company Information
- 4.11.2 Panasonic Energy Storage Systems (ESS) Business Overview
- 4.11.3 Panasonic Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.11.4 Panasonic Product Portfolio
- 4.11.5 Panasonic Recent Developments
- 4.12 BYD
- 4.12.1 BYD Energy Storage Systems (ESS) Company Information
- 4.12.2 BYD Energy Storage Systems (ESS) Business Overview
- 4.12.3 BYD Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.12.4 BYD Product Portfolio
- 4.12.5 BYD Recent Developments
- 4.13 Younicos
- 4.13.1 Younicos Energy Storage Systems (ESS) Company Information
- 4.13.2 Younicos Energy Storage Systems (ESS) Business Overview
- 4.13.3 Younicos Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.13.4 Younicos Product Portfolio
- 4.13.5 Younicos Recent Developments
- 4.14 ABB
- 4.14.1 ABB Energy Storage Systems (ESS) Company Information
- 4.14.2 ABB Energy Storage Systems (ESS) Business Overview
- 4.14.3 ABB Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.14.4 ABB Product Portfolio
- 4.14.5 ABB Recent Developments
- 4.15 Saft
- 4.15.1 Saft Energy Storage Systems (ESS) Company Information
- 4.15.2 Saft Energy Storage Systems (ESS) Business Overview
- 4.15.3 Saft Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.15.4 Saft Product Portfolio
- 4.15.5 Saft Recent Developments
- 4.16 Lockheed Martin Energy
- 4.16.1 Lockheed Martin Energy Energy Storage Systems (ESS) Company Information
- 4.16.2 Lockheed Martin Energy Energy Storage Systems (ESS) Business Overview
- 4.16.3 Lockheed Martin Energy Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.16.4 Lockheed Martin Energy Product Portfolio
- 4.16.5 Lockheed Martin Energy Recent Developments
- 4.17 Eos Energy Storage
- 4.17.1 Eos Energy Storage Energy Storage Systems (ESS) Company Information
- 4.17.2 Eos Energy Storage Energy Storage Systems (ESS) Business Overview
- 4.17.3 Eos Energy Storage Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.17.4 Eos Energy Storage Product Portfolio
- 4.17.5 Eos Energy Storage Recent Developments
- 4.18 Con Edison Solutions
- 4.18.1 Con Edison Solutions Energy Storage Systems (ESS) Company Information
- 4.18.2 Con Edison Solutions Energy Storage Systems (ESS) Business Overview
- 4.18.3 Con Edison Solutions Energy Storage Systems (ESS) Production, Value and Gross Margin (2021-2026)
- 4.18.4 Con Edison Solutions Product Portfolio
- 4.18.5 Con Edison Solutions Recent Developments
5 Global Energy Storage Systems (ESS) Production by Region
- 5.1 Global Energy Storage Systems (ESS) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Energy Storage Systems (ESS) Production by Region: 2021-2032
- 5.2.1 Global Energy Storage Systems (ESS) Production by Region: 2021-2026
- 5.2.2 Global Energy Storage Systems (ESS) Production Forecast by Region (2027-2032)
- 5.3 Global Energy Storage Systems (ESS) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Energy Storage Systems (ESS) Production Value by Region: 2021-2032
- 5.4.1 Global Energy Storage Systems (ESS) Production Value by Region: 2021-2026
- 5.4.2 Global Energy Storage Systems (ESS) Production Value Forecast by Region (2027-2032)
- 5.5 Global Energy Storage Systems (ESS) Market Price Analysis by Region (2021-2026)
- 5.6 Global Energy Storage Systems (ESS) Production and Value, YOY Growth
- 5.6.1 North America Energy Storage Systems (ESS) Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Energy Storage Systems (ESS) Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Energy Storage Systems (ESS) Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Energy Storage Systems (ESS) Production Value Estimates and Forecasts (2021-2032)
6 Global Energy Storage Systems (ESS) Consumption by Region
- 6.1 Global Energy Storage Systems (ESS) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Energy Storage Systems (ESS) Consumption by Region (2021-2032)
- 6.2.1 Global Energy Storage Systems (ESS) Consumption by Region: 2021-2026
- 6.2.2 Global Energy Storage Systems (ESS) Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Energy Storage Systems (ESS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Energy Storage Systems (ESS) Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Energy Storage Systems (ESS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Energy Storage Systems (ESS) Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Energy Storage Systems (ESS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Energy Storage Systems (ESS) Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Energy Storage Systems (ESS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Energy Storage Systems (ESS) Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Energy Storage Systems (ESS) Production by Type (2021-2032)
- 7.1.1 Global Energy Storage Systems (ESS) Production by Type (2021-2032) & (MW)
- 7.1.2 Global Energy Storage Systems (ESS) Production Market Share by Type (2021-2032)
- 7.2 Global Energy Storage Systems (ESS) Production Value by Type (2021-2032)
- 7.2.1 Global Energy Storage Systems (ESS) Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Energy Storage Systems (ESS) Production Value Market Share by Type (2021-2032)
- 7.3 Global Energy Storage Systems (ESS) Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Energy Storage Systems (ESS) Production by Application (2021-2032)
- 8.1.1 Global Energy Storage Systems (ESS) Production by Application (2021-2032) & (MW)
- 8.1.2 Global Energy Storage Systems (ESS) Production Market Share by Application (2021-2032)
- 8.2 Global Energy Storage Systems (ESS) Production Value by Application (2021-2032)
- 8.2.1 Global Energy Storage Systems (ESS) Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Energy Storage Systems (ESS) Production Value Market Share by Application (2021-2032)
- 8.3 Global Energy Storage Systems (ESS) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Energy Storage Systems (ESS) Value Chain Analysis
- 9.1.1 Energy Storage Systems (ESS) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Energy Storage Systems (ESS) Production Mode & Process
- 9.2 Energy Storage Systems (ESS) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Energy Storage Systems (ESS) Distributors
- 9.2.3 Energy Storage Systems (ESS) Customers
10 Global Energy Storage Systems (ESS) Analyzing Market Dynamics
- 10.1 Energy Storage Systems (ESS) Industry Trends
- 10.2 Energy Storage Systems (ESS) Industry Drivers
- 10.3 Energy Storage Systems (ESS) Industry Opportunities and Challenges
- 10.4 Energy Storage Systems (ESS) Industry Restraints
11 Report Conclusion
12 Disclaimer
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