The estimated market size of the battery energy storage systems worldwide was between ** and ** billion U.S. dollars in 2023. This figure was forecast to increase to up to *** billion U.S. dollars by 2030, with utility scale BESS constituting the largest share of the market in the period under consideration.
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McKinsey & Company. (August 2, 2023). Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 24, 2025, from https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company. "Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars)." Chart. August 2, 2023. Statista. Accessed June 24, 2025. https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company. (2023). Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 24, 2025. https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company. "Market Size of Battery Energy Storage Systems (Bess) Worldwide in 2023, with a Forecast until 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Aug 2023, https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
McKinsey & Company, Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/ (last visited June 24, 2025)
Market size of battery energy storage systems (BESS) worldwide in 2023, with a forecast until 2030 (in billion U.S. dollars) [Graph], McKinsey & Company, August 2, 2023. [Online]. Available: https://www.statista.com/statistics/1246726/global-battery-energy-storage-systems-market-size-forecast/
