Storage Battery for Power Supply Market Size Growth & CAGR of 17.6% Through 2031 | LG hem, EnerSys GS, Yuasa Corporate

Market Summary -

The global market for Storage Battery for Power Supply was estimated to be worth US$ 18056 million in 2024 and is forecast to a readjusted size of US$ 61059 million by 2031 with a CAGR of 17.6% during the forecast period 2025-2031.

Accourding to QY Research has released a new publication titled "Global Storage Battery for Power Supply Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031." This comprehensive study provides an in-depth evaluation of the worldwide Storage Battery for Power Supply industry, uncovering the major forces influencing market growth and delivering high-value insights for investors, industry leaders, and strategic decision-makers. The report examines critical elements such as market dynamics, evolving technologies, segmentation trends, regional developments, and the competitive landscape. With data backed by rigorous research and expert interpretation, it offers an authoritative guide to understanding the macroeconomic and microeconomic factors reshaping the global market.

Get Full PDF Sample Copy of the Report: (Including Full TOC, Tables & Charts): https://www.qyresearch.in/request-sample/energy-power-storage-battery-for-power-supply-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Storage Battery for Power Supply cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Storage Battery for Power Supply refers to a rechargeable battery system designed to store electrical energy and release it when needed to ensure a stable and continuous power supply. These batteries are commonly used in backup power systems, renewable energy storage (such as solar and wind), and grid stabilization applications, providing energy during peak demand or outages to enhance reliability and efficiency of the overall power infrastructure.

Recent Developments -

The authors of the report have put forward recent developments by key participants. Other strategic activities by manufacturers such as M&A, joint ventures, collaborations, innovation, product offerings, and research and development activities are highlighted in this research study. This will keep the users up-to-date about the undertakings and give the users a crystal-clear understanding of the key advancements emerging in the business.

What is Driving the Storage Battery for Power Supply Market -

The global market for storage batteries for power supply is experiencing significant growth, driven by the rising demand for stable and uninterrupted energy in a wide range of applications. These batteries play a critical role in supporting power grids, especially in scenarios involving renewable energy sources, which are inherently intermittent. Leading manufacturers in the space include LG Energy Solution, EnerSys, and GS Yuasa Corporation, among others, who are actively expanding their offerings to address both industrial and commercial power supply needs.

Regionally, North America holds the largest market share at approximately 32%, reflecting the region's focus on grid modernization, renewable integration, and data center expansion. However, China and Europe are close followers, each with more than 40% combined market share, indicating strong governmental support for energy storage technologies and sustainability efforts. These regions are also investing heavily in infrastructure upgrades and backup power systems to enhance resilience.

Among applications, utilities dominate the market due to the increasing need for grid reliability, renewable integration, and energy arbitrage. Communication systems also represent a growing application area, particularly as 5G and cloud infrastructure expand globally. With the growing emphasis on decarbonization and smart energy management, the storage battery for power supply market is expected to remain a key enabler of the energy transition in the years ahead.

Market Segmentation and Regional -

By Type

by Battery Type
by Voltage Range
by Product Type

By Application

Utilities
Communications
Railway Communication
Others

Regional Analysis -

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

The analysis spans from 2024 (base year) to 2031 (forecast period).

Major Company Included: -

LG hem
EnerSys
GS Yuasa Corporate
Shandong Sacred Sun Power Sources Co. ltd.
Samsung SDI
Hoppecke
Toshiba
Kokam
Gotion, Inc.

Request for Pre-Order / Enquiry Link: https://www.qyresearch.in/pre-order-inquiry/energy-power-storage-battery-for-power-supply-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

Why should you purchase this report?

Purchasing this report provides you with a comprehensive and data-driven understanding of the market landscape, enabling informed business decisions and strategic planning. The report comes with free customization based on client requirements, including a country-level breakdown of any five countries of your choice and a competitive analysis of segment revenue by key market players. With detailed insights into market trends, growth drivers, challenges, competitive dynamics, and emerging opportunities, this report equips stakeholders, manufacturers, and investors with actionable intelligence to identify profitable prospects, optimize operations, and maintain a competitive edge in the industry.

How Can the Research Study Help your Business?

✔ The information presented in the Storage Battery for Power Supply report helps your decision makers to become prudent and make the best business choices.
✔ The report enables you to see the future of the global Storage Battery for Power Supply market and accordingly take decisions that will be in the best interest of your business.
✔ It offers you a forward-looking perspective of the global Storage Battery for Power Supply market drivers and how you can secure significant market gains in the near future.
✔ It provides SWOT analysis of the global Storage Battery for Power Supply market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.
✔ It also assesses the changing competitive dynamics of the global Storage Battery for Power Supply market using pin-point evaluation.

Key Questions Answered in the Report -

✔ What is the size and estimated growth rate of the global and regional Storage Battery for Power Supply market?
✔ Which countries are expected to display the strongest growth?
✔ Which region will dominate the market throughout the forecast period?
✔ What are the main factors driving or restraining market expansion?
✔ What technological advancements are shaping future demand?
✔ Where are the key opportunities for new entrants and established players?
✔ Which companies currently hold the highest market share?
✔ How will market dynamics evolve from 2025 to 2031?

Table of Contents - Major Key Points:

1 Market Overview
1.1 Storage Battery for Power Supply Product Introduction
1.2 Global Storage Battery for Power Supply Market Size Forecast
1.2.1 Global Storage Battery for Power Supply Sales Value (2020-2031)
1.2.2 Global Storage Battery for Power Supply Sales Volume (2020-2031)
1.2.3 Global Storage Battery for Power Supply Sales Price (2020-2031)
1.3 Storage Battery for Power Supply Market Trends & Drivers
1.3.1 Storage Battery for Power Supply Industry Trends
1.3.2 Storage Battery for Power Supply Market Drivers & Opportunity
1.3.3 Storage Battery for Power Supply Market Challenges
1.3.4 Storage Battery for Power Supply Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Storage Battery for Power Supply Players Revenue Ranking (2024)
2.2 Global Storage Battery for Power Supply Revenue by Company (2020-2025)
2.3 Global Storage Battery for Power Supply Players Sales Volume Ranking (2024)
2.4 Global Storage Battery for Power Supply Sales Volume by Company Players (2020-2025)
2.5 Global Storage Battery for Power Supply Average Price by Company (2020-2025)
2.6 Key Manufacturers Storage Battery for Power Supply Manufacturing Base and Headquarters
2.7 Key Manufacturers Storage Battery for Power Supply Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Storage Battery for Power Supply
2.9 Storage Battery for Power Supply Market Competitive Analysis
2.9.1 Storage Battery for Power Supply Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Storage Battery for Power Supply Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Storage Battery for Power Supply as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 by Battery Type
3.1.2 by Voltage Range
3.1.3 by Product Type
3.2 Global Storage Battery for Power Supply Sales Value by Type
3.2.1 Global Storage Battery for Power Supply Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Storage Battery for Power Supply Sales Value, by Type (2020-2031)
3.2.3 Global Storage Battery for Power Supply Sales Value, by Type (%) (2020-2031)
3.3 Global Storage Battery for Power Supply Sales Volume by Type
3.3.1 Global Storage Battery for Power Supply Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Storage Battery for Power Supply Sales Volume, by Type (2020-2031)
3.3.3 Global Storage Battery for Power Supply Sales Volume, by Type (%) (2020-2031)
3.4 Global Storage Battery for Power Supply Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Utilities
4.1.2 Communications
4.1.3 Railway Communication
4.1.4 Others
4.2 Global Storage Battery for Power Supply Sales Value by Application
4.2.1 Global Storage Battery for Power Supply Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Storage Battery for Power Supply Sales Value, by Application (2020-2031)
4.2.3 Global Storage Battery for Power Supply Sales Value, by Application (%) (2020-2031)
4.3 Global Storage Battery for Power Supply Sales Volume by Application
4.3.1 Global Storage Battery for Power Supply Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Storage Battery for Power Supply Sales Volume, by Application (2020-2031)
4.3.3 Global Storage Battery for Power Supply Sales Volume, by Application (%) (2020-2031)
4.4 Global Storage Battery for Power Supply Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Storage Battery for Power Supply Sales Value by Region
5.1.1 Global Storage Battery for Power Supply Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Storage Battery for Power Supply Sales Value by Region (2020-2025)
5.1.3 Global Storage Battery for Power Supply Sales Value by Region (2026-2031)
5.1.4 Global Storage Battery for Power Supply Sales Value by Region (%), (2020-2031)
5.2 Global Storage Battery for Power Supply Sales Volume by Region
5.2.1 Global Storage Battery for Power Supply Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Storage Battery for Power Supply Sales Volume by Region (2020-2025)
5.2.3 Global Storage Battery for Power Supply Sales Volume by Region (2026-2031)
5.2.4 Global Storage Battery for Power Supply Sales Volume by Region (%), (2020-2031)
5.3 Global Storage Battery for Power Supply Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Storage Battery for Power Supply Sales Value, 2020-2031
5.4.2 North America Storage Battery for Power Supply Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Storage Battery for Power Supply Sales Value, 2020-2031
5.5.2 Europe Storage Battery for Power Supply Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Storage Battery for Power Supply Sales Value, 2020-2031
5.6.2 Asia Pacific Storage Battery for Power Supply Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Storage Battery for Power Supply Sales Value, 2020-2031
5.7.2 South America Storage Battery for Power Supply Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Storage Battery for Power Supply Sales Value, 2020-2031
5.8.2 Middle East & Africa Storage Battery for Power Supply Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Storage Battery for Power Supply Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Storage Battery for Power Supply Sales Value and Sales Volume
6.2.1 Key Countries/Regions Storage Battery for Power Supply Sales Value, 2020-2031
6.2.2 Key Countries/Regions Storage Battery for Power Supply Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Storage Battery for Power Supply Sales Value, 2020-2031
6.3.2 United States Storage Battery for Power Supply Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Storage Battery for Power Supply Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Storage Battery for Power Supply Sales Value, 2020-2031
6.4.2 Europe Storage Battery for Power Supply Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Storage Battery for Power Supply Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Storage Battery for Power Supply Sales Value, 2020-2031
6.5.2 China Storage Battery for Power Supply Sales Value by Type (%), 2024 VS 2031
6.5.3 China Storage Battery for Power Supply Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Storage Battery for Power Supply Sales Value, 2020-2031
6.6.2 Japan Storage Battery for Power Supply Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Storage Battery for Power Supply Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Storage Battery for Power Supply Sales Value, 2020-2031
6.7.2 South Korea Storage Battery for Power Supply Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Storage Battery for Power Supply Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Storage Battery for Power Supply Sales Value, 2020-2031
6.8.2 Southeast Asia Storage Battery for Power Supply Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Storage Battery for Power Supply Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Storage Battery for Power Supply Sales Value, 2020-2031
6.9.2 India Storage Battery for Power Supply Sales Value by Type (%), 2024 VS 2031
6.9.3 India Storage Battery for Power Supply Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 LG hem
7.1.1 LG hem Company Information
7.1.2 LG hem Introduction and Business Overview
7.1.3 LG hem Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 LG hem Storage Battery for Power Supply Product Offerings
7.1.5 LG hem Recent Development
7.2 EnerSys
7.2.1 EnerSys Company Information
7.2.2 EnerSys Introduction and Business Overview
7.2.3 EnerSys Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 EnerSys Storage Battery for Power Supply Product Offerings
7.2.5 EnerSys Recent Development
7.3 GS Yuasa Corporate
7.3.1 GS Yuasa Corporate Company Information
7.3.2 GS Yuasa Corporate Introduction and Business Overview
7.3.3 GS Yuasa Corporate Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 GS Yuasa Corporate Storage Battery for Power Supply Product Offerings
7.3.5 GS Yuasa Corporate Recent Development
7.4 Shandong Sacred Sun Power Sources Co. ltd.
7.4.1 Shandong Sacred Sun Power Sources Co. ltd. Company Information
7.4.2 Shandong Sacred Sun Power Sources Co. ltd. Introduction and Business Overview
7.4.3 Shandong Sacred Sun Power Sources Co. ltd. Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Shandong Sacred Sun Power Sources Co. ltd. Storage Battery for Power Supply Product Offerings
7.4.5 Shandong Sacred Sun Power Sources Co. ltd. Recent Development
7.5 Samsung SDI
7.5.1 Samsung SDI Company Information
7.5.2 Samsung SDI Introduction and Business Overview
7.5.3 Samsung SDI Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Samsung SDI Storage Battery for Power Supply Product Offerings
7.5.5 Samsung SDI Recent Development
7.6 Hoppecke
7.6.1 Hoppecke Company Information
7.6.2 Hoppecke Introduction and Business Overview
7.6.3 Hoppecke Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Hoppecke Storage Battery for Power Supply Product Offerings
7.6.5 Hoppecke Recent Development
7.7 Toshiba
7.7.1 Toshiba Company Information
7.7.2 Toshiba Introduction and Business Overview
7.7.3 Toshiba Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Toshiba Storage Battery for Power Supply Product Offerings
7.7.5 Toshiba Recent Development
7.8 Kokam
7.8.1 Kokam Company Information
7.8.2 Kokam Introduction and Business Overview
7.8.3 Kokam Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Kokam Storage Battery for Power Supply Product Offerings
7.8.5 Kokam Recent Development
7.9 Gotion, Inc.
7.9.1 Gotion, Inc. Company Information
7.9.2 Gotion, Inc. Introduction and Business Overview
7.9.3 Gotion, Inc. Storage Battery for Power Supply Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Gotion, Inc. Storage Battery for Power Supply Product Offerings
7.9.5 Gotion, Inc. Recent Development
8 Industry Chain Analysis
8.1 Storage Battery for Power Supply Industrial Chain
8.2 Storage Battery for Power Supply Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Storage Battery for Power Supply Sales Model
8.5.2 Sales Channel
8.5.3 Storage Battery for Power Supply Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

About Us:

QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.

Contact Us:

Arshad Shaha | Marketing Executive

QY Research, INC.
315 Work Avenue, Raheja Woods,
Survey No. 222/1, Plot No. 25, 6th Floor,
Kayani Nagar, Yervada, Pune 411006, Maharashtra
Tel: +91-8669986909
Emails - arshad@qyrindia.com
Web - https://www.qyresearch.in

This release was published on openPR.