Grid-Scale Battery Market is estimated to reach US$ 38.46 billion by 2031 | Top Companies - ABB Ltd., LG Chem, Ltd., Panasonic Corporation, Samsung Sdi Co., Ltd.

Market Size and Growth:

The Global Grid-Scale Battery Market size was worth US$ 6.84 billion in 2023 and is estimated to reach US$ 38.46 billion by 2031, growing at a CAGR of 25.74% during the forecast period (2024-2031). According to DataM Intelligence Report.

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The Grid-Scale Battery Market encompasses large-capacity energy storage systems designed to store and supply electricity at utility or industrial levels. These batteries support grid stability, manage energy demand fluctuations, integrate renewable energy sources, and provide backup power. The market includes technologies like lithium-ion, flow, and solid-state batteries, catering to utilities, commercial, and industrial sectors worldwide.

United States: Recent Developments of Grid-Scale Battery Market

✅ September 2025: Utility-scale energy storage installations hit a quarterly record with 4.9 GW added, marking 63% year-over-year growth and powering about 3.7 million homes.​

✅ October 2025: Portland General Electric completed three large battery storage facilities in Oregon, adding 475 MW and 1.9 GWh for grid improvement and renewable support.​

✅ November 2025: Batteries met a record 37.2% of California's evening peak demand on October 12, highlighting their growing role in displacing gas generators during high-demand periods.​

Europe: Recent Developments of Grid-Scale Battery Market

✅ September 2025: Revenues for large-scale battery energy storage systems climbed sharply, reflecting improved market conditions and higher utilization across key countries.​

✅ October 2025: Repono AB acquired a 200 MW / 404 MWh battery energy storage project in Romania, advancing utility-scale deployments in Eastern Europe.​

✅ November 2025: Europe's largest battery storage site opened at Blackhillock in Scotland, accelerating grid-scale adoption amid rising renewable integration needs.​

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Major Players:

Key companies in the Grid-Scale Battery market include:

ABB Ltd.
LG Chem, Ltd.
Samsung Sdi Co., Ltd.
Panasonic Corporation
Fluence Energy, LLC
BYD Company Limited
General Electric (GE)
Saft Groupe S.A.
S&C Electric Company
NGK Insulators.

Market Growth Drivers:

✅ Increasing investments in renewable energy integration to store intermittent solar and wind power, ensuring grid stability and efficient energy dispatch during peak demand.​

✅ Declining battery costs driven by technological advancements, economies of scale, and improved lithium-ion performance, making grid-scale systems more affordable.​

✅ Supportive government policies, subsidies, and incentives promoting clean energy storage for enhanced grid resiliency and reduced reliance on fossil fuels.​

Segments Covered in the Grid-Scale Battery Market:

By Battery: Lithium-ion, Lead-acid, Flow Battery, Sodium-Based Battery, Others.

By Ownership: Third-party Owned, Utility Owned.

By Application: Peak Shifting, Renewable Integration, Ancillary Services, Backup Power, Others.

Regional Analysis for Grid-Scale Battery Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Grid-Scale Battery market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Grid-Scale Battery Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Grid-Scale Battery market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Grid-Scale Battery Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Grid-Scale Battery market?

➠ Who are the global key manufacturers of the Grid-Scale Battery Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Grid-Scale Battery market opportunities and threats faced by the vendors in the global Grid-Scale Battery Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Grid-Scale Battery market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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