By 2031, the cumulative global energy storage deployment is projected to reach *** gigawatt-hours, up from roughly ** gigawatt-hours in 2022. The compound annual growth rate of the sector is forecast at approximately ** percent between 2021 and 2031.
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Wood Mackenzie. (April 25, 2023). Projected cumulative deployment capacity of energy storage market worldwide in 2021, with forecast figures to 2031 (in gigawatt-hours) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 19, 2026, from /statistics/728652/projected-energy-storage-market-capacity-deployment-globally/
Wood Mackenzie. "Projected cumulative deployment capacity of energy storage market worldwide in 2021, with forecast figures to 2031 (in gigawatt-hours)." Chart. April 25, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 19, 2026. /statistics/728652/projected-energy-storage-market-capacity-deployment-globally/
Wood Mackenzie. (2023). Projected cumulative deployment capacity of energy storage market worldwide in 2021, with forecast figures to 2031 (in gigawatt-hours). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 19, 2026. /statistics/728652/projected-energy-storage-market-capacity-deployment-globally/
Wood Mackenzie. "Projected Cumulative Deployment Capacity of Energy Storage Market Worldwide in 2021, with Forecast Figures to 2031 (in Gigawatt-hours)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 25 Apr 2023, /statistics/728652/projected-energy-storage-market-capacity-deployment-globally/
Wood Mackenzie, Projected cumulative deployment capacity of energy storage market worldwide in 2021, with forecast figures to 2031 (in gigawatt-hours) ÌÇÐÄÆÆ½â°æ, /statistics/728652/projected-energy-storage-market-capacity-deployment-globally/ (last visited July 19, 2026)
Projected cumulative deployment capacity of energy storage market worldwide in 2021, with forecast figures to 2031 (in gigawatt-hours) [Graph], Wood Mackenzie, April 25, 2023. [Online]. Available: /statistics/728652/projected-energy-storage-market-capacity-deployment-globally/