Stationary Battery Storage Market - Top Companies and Manufacturers

  • Report ID: 5566
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Companies Dominating the Stationary Battery Storage Landscape

    • Tesla
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Exide Technologies
    • Durapower Group
    • Duracell, INC
    • Siemens AG
    • BYD Company Ltd.
    • Samsung SDI Co., Ltd
    • A123 Systems, LLC
    • LG Chem Ltd.
    • Lockheed Martin Corporation

Browse Key Market Insights with Data Illustration:

In the News

  • March 2022: Tesla announced that it is establishing new energy storage system production plants in Queensland. In order to provide Queenslanders with more reliable, affordable, and clean electricity, publicly owned generator CS Energy would therefore build a grid-scale battery near Chinchilla. The Tesla Megapack-based battery, which will serve as part of CS Energy's energy center at Kogan Creek, will have a capacity of 100 megawatts and 200 megawatt hours.
     
  • November 2021: The Duracell Power Center product line will consist of 5 kW and 10 kW inverter outputs with batteries expandable from 14 kWh to 84 kWh. The Power Center's unique bi-directional inverter technology allows new and existing residential solar owners to store excess solar power for use in the evening, maximizing their solar investment, while increasing energy security and independence, all without additional hardware.  In addition, Power Center offers the flexibility of remote software upgrades to meet ever changing power regulatory standards.

Author Credits:  Dhruv Bhatia


  • Report ID: 5566
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of stationary battery storage is evaluated at USD 148.21 billion.

Stationary Battery Storage Market size was valued at USD 123.92 billion in 2024 and is anticipated to reach USD 2.13 trillion by the end of 2037, registering around 24.5% CAGR during the forecast period i.e., between 2025-2037. Increasing emphasis on effective hybrid energy storage and lower cost & advancements in battery technologies will drive the market growth.

Asia Pacific industry is expected to account for largest revenue share of 33% by 2037, impelled by focus on infrastructural improvements and the electrification of rural areas in the region.

The major players in the market are Exide Technologies, Durapower Group, Duracell, INC, Siemens AG, Samsung SDI Co., Ltd, A123 Systems, LLC, LG Chem Ltd., BYD Company Ltd., Lockheed Martin Corporation, and others.
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