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Global Battery Energy Storage Systems for Smart Grid Market Research Report 2025
Published Date: August 2025
|
Report Code: QYRE-Auto-26I8579
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Global Battery Energy Storage Systems for Smart Grid Market Research Report 2025

Code: QYRE-Auto-26I8579
Report
August 2025
Pages:88
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Siemens AG
ABB Ltd
Samsung SDI
GEAlstom
A123
Bosch
BYD
AES Energy Storage
LG Chem

Battery Energy Storage Systems for Smart Grid Market

The global market for Battery Energy Storage Systems for Smart Grid was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Owing to the growing consumption of power across the globe, there is a greater need for energy storage as distributed generation. Distributed generation produces power close to the areas where it is consumed so that the distance is reduced, resulting in less transmission and distribution losses. Distributed Energy Resources (DER) will be increasingly used to meet the future electricity demands for residential and industrial customers, utilities and commercial customers. The growing requirement to mitigate the power transmission and distribution losses will propel the demand for distributed generation during the forecast period.
Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world"s largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU"s dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 60% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Battery Energy Storage Systems for Smart Grid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Battery Energy Storage Systems for Smart Grid.
The Battery Energy Storage Systems for Smart Grid market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Battery Energy Storage Systems for Smart Grid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Battery Energy Storage Systems for Smart Grid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Battery Energy Storage Systems for Smart Grid Market Report

Report Metric Details
Report Name Battery Energy Storage Systems for Smart Grid Market
by Type
  • Secondary Batteries
  • Flow Batteries
  • Others
by Application
  • Energy Management
  • Backup Power
  • Voltage Support
  • Load Leveling
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Siemens, ABB, Samsung SDI, GEAlstom, A123, Bosch, BYD, AES Energy Storage, LG Chem
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Battery Energy Storage Systems for Smart Grid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Battery Energy Storage Systems for Smart Grid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Battery Energy Storage Systems for Smart Grid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

Who are the main players in the Battery Energy Storage Systems for Smart Grid Market report?

Ans: The main players in the Battery Energy Storage Systems for Smart Grid Market are Siemens, ABB, Samsung SDI, GEAlstom, A123, Bosch, BYD, AES Energy Storage, LG Chem

What are the Application segmentation covered in the Battery Energy Storage Systems for Smart Grid Market report?

Ans: The Applications covered in the Battery Energy Storage Systems for Smart Grid Market report are Energy Management, Backup Power, Voltage Support, Load Leveling, Others

What are the Type segmentation covered in the Battery Energy Storage Systems for Smart Grid Market report?

Ans: The Types covered in the Battery Energy Storage Systems for Smart Grid Market report are Secondary Batteries, Flow Batteries, Others

1 Battery Energy Storage Systems for Smart Grid Market Overview
1.1 Product Definition
1.2 Battery Energy Storage Systems for Smart Grid by Type
1.2.1 Global Battery Energy Storage Systems for Smart Grid Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Secondary Batteries
1.2.3 Flow Batteries
1.2.4 Others
1.3 Battery Energy Storage Systems for Smart Grid by Application
1.3.1 Global Battery Energy Storage Systems for Smart Grid Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Energy Management
1.3.3 Backup Power
1.3.4 Voltage Support
1.3.5 Load Leveling
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Battery Energy Storage Systems for Smart Grid Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Battery Energy Storage Systems for Smart Grid Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Battery Energy Storage Systems for Smart Grid Production Estimates and Forecasts (2020-2031)
1.4.4 Global Battery Energy Storage Systems for Smart Grid Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Battery Energy Storage Systems for Smart Grid Production Market Share by Manufacturers (2020-2025)
2.2 Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Battery Energy Storage Systems for Smart Grid, Industry Ranking, 2023 VS 2024
2.4 Global Battery Energy Storage Systems for Smart Grid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Battery Energy Storage Systems for Smart Grid Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Product Offered and Application
2.8 Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Date of Enter into This Industry
2.9 Battery Energy Storage Systems for Smart Grid Market Competitive Situation and Trends
2.9.1 Battery Energy Storage Systems for Smart Grid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Battery Energy Storage Systems for Smart Grid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Battery Energy Storage Systems for Smart Grid Production by Region
3.1 Global Battery Energy Storage Systems for Smart Grid Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Battery Energy Storage Systems for Smart Grid Production Value by Region (2020-2031)
3.2.1 Global Battery Energy Storage Systems for Smart Grid Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Battery Energy Storage Systems for Smart Grid by Region (2026-2031)
3.3 Global Battery Energy Storage Systems for Smart Grid Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Battery Energy Storage Systems for Smart Grid Production Volume by Region (2020-2031)
3.4.1 Global Battery Energy Storage Systems for Smart Grid Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Battery Energy Storage Systems for Smart Grid by Region (2026-2031)
3.5 Global Battery Energy Storage Systems for Smart Grid Market Price Analysis by Region (2020-2025)
3.6 Global Battery Energy Storage Systems for Smart Grid Production and Value, Year-over-Year Growth
3.6.1 North America Battery Energy Storage Systems for Smart Grid Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Battery Energy Storage Systems for Smart Grid Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Battery Energy Storage Systems for Smart Grid Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Battery Energy Storage Systems for Smart Grid Production Value Estimates and Forecasts (2020-2031)
4 Battery Energy Storage Systems for Smart Grid Consumption by Region
4.1 Global Battery Energy Storage Systems for Smart Grid Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Battery Energy Storage Systems for Smart Grid Consumption by Region (2020-2031)
4.2.1 Global Battery Energy Storage Systems for Smart Grid Consumption by Region (2020-2025)
4.2.2 Global Battery Energy Storage Systems for Smart Grid Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Battery Energy Storage Systems for Smart Grid Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Battery Energy Storage Systems for Smart Grid Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Battery Energy Storage Systems for Smart Grid Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Battery Energy Storage Systems for Smart Grid Production by Type (2020-2031)
5.1.1 Global Battery Energy Storage Systems for Smart Grid Production by Type (2020-2025)
5.1.2 Global Battery Energy Storage Systems for Smart Grid Production by Type (2026-2031)
5.1.3 Global Battery Energy Storage Systems for Smart Grid Production Market Share by Type (2020-2031)
5.2 Global Battery Energy Storage Systems for Smart Grid Production Value by Type (2020-2031)
5.2.1 Global Battery Energy Storage Systems for Smart Grid Production Value by Type (2020-2025)
5.2.2 Global Battery Energy Storage Systems for Smart Grid Production Value by Type (2026-2031)
5.2.3 Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Type (2020-2031)
5.3 Global Battery Energy Storage Systems for Smart Grid Price by Type (2020-2031)
6 Segment by Application
6.1 Global Battery Energy Storage Systems for Smart Grid Production by Application (2020-2031)
6.1.1 Global Battery Energy Storage Systems for Smart Grid Production by Application (2020-2025)
6.1.2 Global Battery Energy Storage Systems for Smart Grid Production by Application (2026-2031)
6.1.3 Global Battery Energy Storage Systems for Smart Grid Production Market Share by Application (2020-2031)
6.2 Global Battery Energy Storage Systems for Smart Grid Production Value by Application (2020-2031)
6.2.1 Global Battery Energy Storage Systems for Smart Grid Production Value by Application (2020-2025)
6.2.2 Global Battery Energy Storage Systems for Smart Grid Production Value by Application (2026-2031)
6.2.3 Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Application (2020-2031)
6.3 Global Battery Energy Storage Systems for Smart Grid Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Siemens
7.1.1 Siemens Battery Energy Storage Systems for Smart Grid Company Information
7.1.2 Siemens Battery Energy Storage Systems for Smart Grid Product Portfolio
7.1.3 Siemens Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Siemens Main Business and Markets Served
7.1.5 Siemens Recent Developments/Updates
7.2 ABB
7.2.1 ABB Battery Energy Storage Systems for Smart Grid Company Information
7.2.2 ABB Battery Energy Storage Systems for Smart Grid Product Portfolio
7.2.3 ABB Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.2.4 ABB Main Business and Markets Served
7.2.5 ABB Recent Developments/Updates
7.3 Samsung SDI
7.3.1 Samsung SDI Battery Energy Storage Systems for Smart Grid Company Information
7.3.2 Samsung SDI Battery Energy Storage Systems for Smart Grid Product Portfolio
7.3.3 Samsung SDI Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Samsung SDI Main Business and Markets Served
7.3.5 Samsung SDI Recent Developments/Updates
7.4 GEAlstom
7.4.1 GEAlstom Battery Energy Storage Systems for Smart Grid Company Information
7.4.2 GEAlstom Battery Energy Storage Systems for Smart Grid Product Portfolio
7.4.3 GEAlstom Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.4.4 GEAlstom Main Business and Markets Served
7.4.5 GEAlstom Recent Developments/Updates
7.5 A123
7.5.1 A123 Battery Energy Storage Systems for Smart Grid Company Information
7.5.2 A123 Battery Energy Storage Systems for Smart Grid Product Portfolio
7.5.3 A123 Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.5.4 A123 Main Business and Markets Served
7.5.5 A123 Recent Developments/Updates
7.6 Bosch
7.6.1 Bosch Battery Energy Storage Systems for Smart Grid Company Information
7.6.2 Bosch Battery Energy Storage Systems for Smart Grid Product Portfolio
7.6.3 Bosch Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Bosch Main Business and Markets Served
7.6.5 Bosch Recent Developments/Updates
7.7 BYD
7.7.1 BYD Battery Energy Storage Systems for Smart Grid Company Information
7.7.2 BYD Battery Energy Storage Systems for Smart Grid Product Portfolio
7.7.3 BYD Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.7.4 BYD Main Business and Markets Served
7.7.5 BYD Recent Developments/Updates
7.8 AES Energy Storage
7.8.1 AES Energy Storage Battery Energy Storage Systems for Smart Grid Company Information
7.8.2 AES Energy Storage Battery Energy Storage Systems for Smart Grid Product Portfolio
7.8.3 AES Energy Storage Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.8.4 AES Energy Storage Main Business and Markets Served
7.8.5 AES Energy Storage Recent Developments/Updates
7.9 LG Chem
7.9.1 LG Chem Battery Energy Storage Systems for Smart Grid Company Information
7.9.2 LG Chem Battery Energy Storage Systems for Smart Grid Product Portfolio
7.9.3 LG Chem Battery Energy Storage Systems for Smart Grid Production, Value, Price and Gross Margin (2020-2025)
7.9.4 LG Chem Main Business and Markets Served
7.9.5 LG Chem Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Battery Energy Storage Systems for Smart Grid Industry Chain Analysis
8.2 Battery Energy Storage Systems for Smart Grid Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Battery Energy Storage Systems for Smart Grid Production Mode & Process Analysis
8.4 Battery Energy Storage Systems for Smart Grid Sales and Marketing
8.4.1 Battery Energy Storage Systems for Smart Grid Sales Channels
8.4.2 Battery Energy Storage Systems for Smart Grid Distributors
8.5 Battery Energy Storage Systems for Smart Grid Customer Analysis
9 Battery Energy Storage Systems for Smart Grid Market Dynamics
9.1 Battery Energy Storage Systems for Smart Grid Industry Trends
9.2 Battery Energy Storage Systems for Smart Grid Market Drivers
9.3 Battery Energy Storage Systems for Smart Grid Market Challenges
9.4 Battery Energy Storage Systems for Smart Grid Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
FEATURED COMPANIES
Siemens AG
ABB Ltd
Samsung SDI
GEAlstom
A123
Bosch
BYD
AES Energy Storage
LG Chem
List of Tables
 Table 1. Global Battery Energy Storage Systems for Smart Grid Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Battery Energy Storage Systems for Smart Grid Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Battery Energy Storage Systems for Smart Grid Production Capacity (K Units) by Manufacturers in 2024
 Table 4. Global Battery Energy Storage Systems for Smart Grid Production by Manufacturers (2020-2025) & (K Units)
 Table 5. Global Battery Energy Storage Systems for Smart Grid Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Battery Energy Storage Systems for Smart Grid Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Battery Energy Storage Systems for Smart Grid Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Battery Energy Storage Systems for Smart Grid, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Battery Energy Storage Systems for Smart Grid as of 2024)
 Table 10. Global Market Battery Energy Storage Systems for Smart Grid Average Price by Manufacturers (USD/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Product Offered and Application
 Table 13. Global Key Manufacturers of Battery Energy Storage Systems for Smart Grid, Date of Enter into This Industry
 Table 14. Global Battery Energy Storage Systems for Smart Grid Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Battery Energy Storage Systems for Smart Grid Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Region (2020-2025)
 Table 19. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Battery Energy Storage Systems for Smart Grid Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Battery Energy Storage Systems for Smart Grid Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 22. Global Battery Energy Storage Systems for Smart Grid Production (K Units) by Region (2020-2025)
 Table 23. Global Battery Energy Storage Systems for Smart Grid Production Market Share by Region (2020-2025)
 Table 24. Global Battery Energy Storage Systems for Smart Grid Production (K Units) Forecast by Region (2026-2031)
 Table 25. Global Battery Energy Storage Systems for Smart Grid Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Battery Energy Storage Systems for Smart Grid Market Average Price (USD/Unit) by Region (2020-2025)
 Table 27. Global Battery Energy Storage Systems for Smart Grid Market Average Price (USD/Unit) by Region (2026-2031)
 Table 28. Global Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 29. Global Battery Energy Storage Systems for Smart Grid Consumption by Region (2020-2025) & (K Units)
 Table 30. Global Battery Energy Storage Systems for Smart Grid Consumption Market Share by Region (2020-2025)
 Table 31. Global Battery Energy Storage Systems for Smart Grid Forecasted Consumption by Region (2026-2031) & (K Units)
 Table 32. Global Battery Energy Storage Systems for Smart Grid Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 34. North America Battery Energy Storage Systems for Smart Grid Consumption by Country (2020-2025) & (K Units)
 Table 35. North America Battery Energy Storage Systems for Smart Grid Consumption by Country (2026-2031) & (K Units)
 Table 36. Europe Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 37. Europe Battery Energy Storage Systems for Smart Grid Consumption by Country (2020-2025) & (K Units)
 Table 38. Europe Battery Energy Storage Systems for Smart Grid Consumption by Country (2026-2031) & (K Units)
 Table 39. Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 40. Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption by Region (2020-2025) & (K Units)
 Table 41. Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption by Region (2026-2031) & (K Units)
 Table 42. Latin America, Middle East & Africa Battery Energy Storage Systems for Smart Grid Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
 Table 43. Latin America, Middle East & Africa Battery Energy Storage Systems for Smart Grid Consumption by Country (2020-2025) & (K Units)
 Table 44. Latin America, Middle East & Africa Battery Energy Storage Systems for Smart Grid Consumption by Country (2026-2031) & (K Units)
 Table 45. Global Battery Energy Storage Systems for Smart Grid Production (K Units) by Type (2020-2025)
 Table 46. Global Battery Energy Storage Systems for Smart Grid Production (K Units) by Type (2026-2031)
 Table 47. Global Battery Energy Storage Systems for Smart Grid Production Market Share by Type (2020-2025)
 Table 48. Global Battery Energy Storage Systems for Smart Grid Production Market Share by Type (2026-2031)
 Table 49. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Type (2020-2025)
 Table 52. Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Type (2026-2031)
 Table 53. Global Battery Energy Storage Systems for Smart Grid Price (USD/Unit) by Type (2020-2025)
 Table 54. Global Battery Energy Storage Systems for Smart Grid Price (USD/Unit) by Type (2026-2031)
 Table 55. Global Battery Energy Storage Systems for Smart Grid Production (K Units) by Application (2020-2025)
 Table 56. Global Battery Energy Storage Systems for Smart Grid Production (K Units) by Application (2026-2031)
 Table 57. Global Battery Energy Storage Systems for Smart Grid Production Market Share by Application (2020-2025)
 Table 58. Global Battery Energy Storage Systems for Smart Grid Production Market Share by Application (2026-2031)
 Table 59. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Application (2020-2025)
 Table 62. Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Application (2026-2031)
 Table 63. Global Battery Energy Storage Systems for Smart Grid Price (USD/Unit) by Application (2020-2025)
 Table 64. Global Battery Energy Storage Systems for Smart Grid Price (USD/Unit) by Application (2026-2031)
 Table 65. Siemens Battery Energy Storage Systems for Smart Grid Company Information
 Table 66. Siemens Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 67. Siemens Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 68. Siemens Main Business and Markets Served
 Table 69. Siemens Recent Developments/Updates
 Table 70. ABB Battery Energy Storage Systems for Smart Grid Company Information
 Table 71. ABB Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 72. ABB Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 73. ABB Main Business and Markets Served
 Table 74. ABB Recent Developments/Updates
 Table 75. Samsung SDI Battery Energy Storage Systems for Smart Grid Company Information
 Table 76. Samsung SDI Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 77. Samsung SDI Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 78. Samsung SDI Main Business and Markets Served
 Table 79. Samsung SDI Recent Developments/Updates
 Table 80. GEAlstom Battery Energy Storage Systems for Smart Grid Company Information
 Table 81. GEAlstom Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 82. GEAlstom Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 83. GEAlstom Main Business and Markets Served
 Table 84. GEAlstom Recent Developments/Updates
 Table 85. A123 Battery Energy Storage Systems for Smart Grid Company Information
 Table 86. A123 Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 87. A123 Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 88. A123 Main Business and Markets Served
 Table 89. A123 Recent Developments/Updates
 Table 90. Bosch Battery Energy Storage Systems for Smart Grid Company Information
 Table 91. Bosch Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 92. Bosch Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 93. Bosch Main Business and Markets Served
 Table 94. Bosch Recent Developments/Updates
 Table 95. BYD Battery Energy Storage Systems for Smart Grid Company Information
 Table 96. BYD Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 97. BYD Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 98. BYD Main Business and Markets Served
 Table 99. BYD Recent Developments/Updates
 Table 100. AES Energy Storage Battery Energy Storage Systems for Smart Grid Company Information
 Table 101. AES Energy Storage Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 102. AES Energy Storage Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 103. AES Energy Storage Main Business and Markets Served
 Table 104. AES Energy Storage Recent Developments/Updates
 Table 105. LG Chem Battery Energy Storage Systems for Smart Grid Company Information
 Table 106. LG Chem Battery Energy Storage Systems for Smart Grid Specification and Application
 Table 107. LG Chem Battery Energy Storage Systems for Smart Grid Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
 Table 108. LG Chem Main Business and Markets Served
 Table 109. LG Chem Recent Developments/Updates
 Table 110. Key Raw Materials Lists
 Table 111. Raw Materials Key Suppliers Lists
 Table 112. Battery Energy Storage Systems for Smart Grid Distributors List
 Table 113. Battery Energy Storage Systems for Smart Grid Customers List
 Table 114. Battery Energy Storage Systems for Smart Grid Market Trends
 Table 115. Battery Energy Storage Systems for Smart Grid Market Drivers
 Table 116. Battery Energy Storage Systems for Smart Grid Market Challenges
 Table 117. Battery Energy Storage Systems for Smart Grid Market Restraints
 Table 118. Research Programs/Design for This Report
 Table 119. Key Data Information from Secondary Sources
 Table 120. Key Data Information from Primary Sources
 Table 121. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Battery Energy Storage Systems for Smart Grid
 Figure 2. Global Battery Energy Storage Systems for Smart Grid Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Battery Energy Storage Systems for Smart Grid Market Share by Type: 2024 VS 2031
 Figure 4. Secondary Batteries Product Picture
 Figure 5. Flow Batteries Product Picture
 Figure 6. Others Product Picture
 Figure 7. Global Battery Energy Storage Systems for Smart Grid Market Value by Application, (US$ Million) & (2020-2031)
 Figure 8. Global Battery Energy Storage Systems for Smart Grid Market Share by Application: 2024 VS 2031
 Figure 9. Energy Management
 Figure 10. Backup Power
 Figure 11. Voltage Support
 Figure 12. Load Leveling
 Figure 13. Others
 Figure 14. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 15. Global Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) & (2020-2031)
 Figure 16. Global Battery Energy Storage Systems for Smart Grid Production Capacity (K Units) & (2020-2031)
 Figure 17. Global Battery Energy Storage Systems for Smart Grid Production (K Units) & (2020-2031)
 Figure 18. Global Battery Energy Storage Systems for Smart Grid Average Price (USD/Unit) & (2020-2031)
 Figure 19. Battery Energy Storage Systems for Smart Grid Report Years Considered
 Figure 20. Battery Energy Storage Systems for Smart Grid Production Share by Manufacturers in 2024
 Figure 21. Global Battery Energy Storage Systems for Smart Grid Production Value Share by Manufacturers (2024)
 Figure 22. Battery Energy Storage Systems for Smart Grid Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 23. The Global 5 and 10 Largest Players: Market Share by Battery Energy Storage Systems for Smart Grid Revenue in 2024
 Figure 24. Global Battery Energy Storage Systems for Smart Grid Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 25. Global Battery Energy Storage Systems for Smart Grid Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 26. Global Battery Energy Storage Systems for Smart Grid Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 27. Global Battery Energy Storage Systems for Smart Grid Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 28. North America Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. Europe Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. China Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 31. Japan Battery Energy Storage Systems for Smart Grid Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 32. Global Battery Energy Storage Systems for Smart Grid Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
 Figure 33. Global Battery Energy Storage Systems for Smart Grid Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 34. North America Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 35. North America Battery Energy Storage Systems for Smart Grid Consumption Market Share by Country (2020-2031)
 Figure 36. U.S. Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 37. Canada Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 38. Europe Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 39. Europe Battery Energy Storage Systems for Smart Grid Consumption Market Share by Country (2020-2031)
 Figure 40. Germany Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 41. France Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 42. U.K. Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 43. Italy Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 44. Netherlands Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 45. Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 46. Asia Pacific Battery Energy Storage Systems for Smart Grid Consumption Market Share by Region (2020-2031)
 Figure 47. China Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 48. Japan Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 49. South Korea Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 50. China Taiwan Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 51. Southeast Asia Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 52. India Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 53. Latin America, Middle East & Africa Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 54. Latin America, Middle East & Africa Battery Energy Storage Systems for Smart Grid Consumption Market Share by Country (2020-2031)
 Figure 55. Mexico Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 56. Brazil Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 57. Turkey Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 58. GCC Countries Battery Energy Storage Systems for Smart Grid Consumption and Growth Rate (2020-2031) & (K Units)
 Figure 59. Global Production Market Share of Battery Energy Storage Systems for Smart Grid by Type (2020-2031)
 Figure 60. Global Production Value Market Share of Battery Energy Storage Systems for Smart Grid by Type (2020-2031)
 Figure 61. Global Battery Energy Storage Systems for Smart Grid Price (USD/Unit) by Type (2020-2031)
 Figure 62. Global Production Market Share of Battery Energy Storage Systems for Smart Grid by Application (2020-2031)
 Figure 63. Global Production Value Market Share of Battery Energy Storage Systems for Smart Grid by Application (2020-2031)
 Figure 64. Global Battery Energy Storage Systems for Smart Grid Price (USD/Unit) by Application (2020-2031)
 Figure 65. Battery Energy Storage Systems for Smart Grid Value Chain
 Figure 66. Channels of Distribution (Direct Vs Distribution)
 Figure 67. Bottom-up and Top-down Approaches for This Report
 Figure 68. Data Triangulation
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