Global energy storage market value forecast 2020-2027

Published by Statista Research Department, Jun 23, 2025

The global energy storage market is forecast to grow at an average compound annual growth rate of **** percent between 2020 and 2027. The size of the sector, estimated at **** billion U.S. dollars in 2021, is projected to surpass ** billion U.S. dollars in 2025.

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Market value of the energy storage sector worldwide in 2020 with a forecast to 2027 (in million U.S. dollars)

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Release date

July 2023

Region

Worldwide

Survey time period

2020

Special properties

* Figures are forecast from 2021 onwards

Supplementary notes

Figures have been rounded.

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