Global energy storage market outlook update: Q4 2023 Report

Commodity Market Report 18 January 2024

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Report summary

Our Global market outlook update (MOU) provides a ten-year market outlook update with critical annual deployment data and supporting information on global stationary energy storage deployments from 2022 out to 2032. The report provides insights into the various market drivers by country between policy, regulation, supply chain fundamentals and more - covering everything you need to know about this rapidly evolving industry. The update includes a ten-year deployment forecast for 29 key country markets, both in terms of megawatt and megawatt hours, and further broken down by grid-scale, residential, community, commercial and industrial market segments. A more detailed analysis of Tier One markets is also provided and covers the United States, China, Germany, UK, Australia, India, Japan, South Korea, Italy, Spain, Ireland, France, Belgium, Greece and South Africa.