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Market share of battery energy storage systems worldwide in 2021 and 2024, by technology

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Release date

July 2025

Region

Worldwide

Survey time period

2021 and 2024

Special properties

Refers to utility-scale batteries. Based on global capacity installed. *Includes sodium-ion batteries in 2021 and NCA batteries in 2024.

Citation formats

Breakdown of global battery energy storage systems market 2021-2024, by technology

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 19, 2025

The global battery storage systems (BESS) market was dominated by lithium-based batteries. In 2024, the most common type of lithium-ion battery was lithium iron phosphate (LFP) chemistry, with ** percent market share. LFP batteries have surpassed nickel-based batteries because of their lower cost. Sodium-based batteries constituted a marginal share of the utility-scale BESS market despite presenting several advantages when compared to lithium ones.Ìý

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Statistics on " Battery supply chain worldwide "

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Overview

3

Minerals

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Manufacturing

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End-use

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Comparison

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Sustainability

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Topics

Battery industry worldwideElectricity market worldwideEnergy industry worldwideEnergy storage worldwideStrategic minerals worldwide
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