Global Grid-side Energy Storage and Power Supply Side Energy Storage Market Competitors, Segment Types and Downstream Applications Research Report 2025

Research Summary

Grid-side energy storage and power supply-side energy storage refer to two distinct types of energy storage systems that play critical roles in stabilizing and optimizing electricity grids, especially with the integration of renewable energy sources. Grid-side energy storage is typically installed at substations or near the transmission network and serves to store excess energy generated during periods of low demand or high renewable generation (e.g., wind or solar power) for later use. It helps balance grid load, smooth out fluctuations, and improve grid stability by providing stored energy during peak demand times or when generation from renewables is insufficient. Power supply-side energy storage, on the other hand, is located closer to the end-user, such as within a commercial building or at the generation site (like solar or wind farms), and stores energy for use when local demand exceeds supply or to enhance the reliability of the power supply. Both types of storage systems—using technologies such as lithium-ion batteries, pumped hydro, or flywheels—are integral in reducing reliance on fossil fuel-based power plants, improving energy efficiency, and supporting the transition to cleaner, more resilient energy systems.

According to WENKH research statistics, the global Grid-side Energy Storage and Power Supply Side Energy Storage market sales revenue reached  Million USD in 2024 and is expected to reach  Million USD by 2032, with a compound annual growth rate (CAGR) of  % from 2025 to 2032. Among them, the China Grid-side Energy Storage and Power Supply Side Energy Storage market has experienced rapid changes in recent years, reaching  Million USD in 2024, accounting for approximately  % of the global market share. It is projected to reach  Million USD by 2032.

The global Grid-side Energy Storage and Power Supply Side Energy Storage market is highly competitive, with key market players including Tesla, Sungrow Power, BYD, Powin Energy, Fluence, Wartsila, LGES Vertech, CSI Solar, Narada Power, Trina Energy Storage, GE Vernova, ShenZhen Clou Electronics, NHOA Energy, etc. This report categorizes the competitive landscape of the global Grid-side Energy Storage and Power Supply Side Energy Storage market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Grid-side Energy Storage and Power Supply Side Energy Storage market, including market size, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, revenue, sales volume and gross profit margin of major manufacturers in the global Grid-side Energy Storage and Power Supply Side Energy Storage industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different segments of Grid-side Energy Storage and Power Supply Side Energy Storage and their downstream application fields.

In terms of data coverage, this report includes extensive time-series data. Historical data spans from 2020 to 2024, providing a solid foundation for analyzing market development trends. The year 2025 is used as a base year to accurately assess the current market landscape, while forecast data extends from 2026 to 2032, using scientific analysis methods and models to offer forward-looking projections and insights into the market's future trajectory. This provides valuable reference information for industry participants and stakeholders.

The report covers countries including United States, China, Germany, Japan, France, South Korea, United Kingdom, India, Italy, Brazil, Mexico, Indonesia, Vietnam and South Africa. It particularly focuses on the revenue and sales volume of Grid-side Energy Storage and Power Supply Side Energy Storage in these countries, as well as the product segmentation and downstream application market size of each country. The report provides an in-depth analysis of the regional distribution and future development trends of the Grid-side Energy Storage and Power Supply Side Energy Storage market. By considering local policies, this report evaluates the market prospects of Grid-side Energy Storage and Power Supply Side Energy Storage in each country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places significant emphasis on data quality and reliability, leveraging a wide range of data sources to ensure accuracy and validity. Primary data collection is conducted through multiple channels, including in-depth interviews with senior corporate executives, industry experts, supply chain participants, and end consumers. This helps to gain insights into corporate strategic planning, industry policies, supply chain dynamics, and user experiences. Secondary data sources cover an extensive range, including authoritative government statistics, customs databases, industry related reports, third-party paid databases, investment research reports, academic studies, corporate financial statements, real-time media updates, and information from international organizations, all of which serve as a solid foundation for data verification and analysis.

Companies Covered

Tesla

Sungrow Power

BYD

Powin Energy

Fluence

Wartsila

LGES Vertech

CSI Solar

Narada Power

Trina Energy Storage

GE Vernova

ShenZhen Clou Electronics

NHOA Energy

Product Segment

System Under 1 Hour

2 - 4 Hour System

4 Hours and Plus System

Product Application

New Energy Distribution and Storage

Thermal Power Frequency Regulation

Independent Energy Storage

Transformer Substation

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Grid-side Energy Storage and Power Supply Side Energy Storage Industry Chain Analysis

Chapter 3: Global Grid-side Energy Storage and Power Supply Side Energy Storage Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Analysis of the Competitive Landscape of Major Companies in the Global Grid-side Energy Storage and Power Supply Side Energy Storage Market (Market Share, Product Revenue and Sales Volume Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 5: Analysis of Global Major Companies (Company Profiles, Product Specifications and Features, Product Revenue, Product Sales Volume, Product Average Price and Product Gross Profit Margin)

Chapter 6: Global Grid-side Energy Storage and Power Supply Side Energy Storage Market Analysis by Countries, Product Segment and Downstream Application (Sales Volume, Revenue and Average Price)

Chapter 7: United States Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 8: China Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 9: Germany Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 10: Japan Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 11: France Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 12: South Korea Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 13: United Kingdom Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 14: India Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 15: Italy Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 16: Brazil Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 17: Mexico Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 18: Indonesia Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 19: Vietnam Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 20: South Africa Grid-side Energy Storage and Power Supply Side Energy Storage Market Size, Product Segment, Downstream Application Analysis (Sales Volume, Revenue and Average Price)

Chapter 21: Research Conclusion

Chapter 22: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.