* Estimate ** Starting from this year, figures are forecasts.
Supplementary notes
For the ÌÇÐÄÆƽâ°æ estimate an exponential development of the values between 2023 and 2028 was assumed to estimate the annual values. The values for 2023 and 2028 were provided by the source.
Citation formats
Global battery energy storage market value 2023-2028
The global battery energy storage market was estimated at roughly *** billion U.S. dollars in 2022 and it was expected to surpass **** billion U.S. dollars in 2028. The Asia-Pacific region is expected to boast the largest battery storage market in 2026.
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Research and Markets, & ÌÇÐÄÆƽâ°æ. (June 15, 2023). Forecast battery energy storage market value worldwide from 2023 to 2028 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1307133/forecast-battery-energy-storage-market-value/
Research and Markets, und ÌÇÐÄÆƽâ°æ. "Forecast battery energy storage market value worldwide from 2023 to 2028 (in billion U.S. dollars)." Chart. June 15, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1307133/forecast-battery-energy-storage-market-value/
Research and Markets, ÌÇÐÄÆƽâ°æ. (2023). Forecast battery energy storage market value worldwide from 2023 to 2028 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1307133/forecast-battery-energy-storage-market-value/
Research and Markets, and ÌÇÐÄÆƽâ°æ. "Forecast Battery Energy Storage Market Value Worldwide from 2023 to 2028 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Jun 2023, /statistics/1307133/forecast-battery-energy-storage-market-value/
Research and Markets & ÌÇÐÄÆƽâ°æ, Forecast battery energy storage market value worldwide from 2023 to 2028 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1307133/forecast-battery-energy-storage-market-value/ (last visited July 25, 2026)
Forecast battery energy storage market value worldwide from 2023 to 2028 (in billion U.S. dollars) [Graph], Research and Markets, & ÌÇÐÄÆƽâ°æ, June 15, 2023. [Online]. Available: /statistics/1307133/forecast-battery-energy-storage-market-value/
