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Data center capex growth has accelerated dramatically in the past 2 years, reaching US$500 billion in 2025. Strong growth is set to continue, with investment set to reach US$1.5 trillion. North America has historically dominated investment and will continue to be a key regional market, but there is also accelerating demand from China, India, and Ea...

This research analyses the lithium-ion battery market for industrial applications in Europe and presents revenue forecasts, pricing analysis, market share analysis, trends and opportunities, and competitive overview for a time period of 2009 to 2017. The market is divided into six segments based on the applications for lithium-ion batteries. These ...

The residential battery storage market will continue its recent trajectory of strong growth, with global revenues increasing from $3.05 billion in 2021 to reach $8.11 billion in 2030. High electricity prices, declines in feed-in tariffs and net metering payments, and continued declines in lithium-ion battery prices and associated components are the...

This report identifies the 10 most promising growth opportunities shaping the global power generation and distributed energy landscape in 2026. It examines how accelerating electrification, grid modernization, decarbonization targets, digitalization, and energy security concerns are redefining investment priorities across utilities, independent pow...

The accelerating transition to net-zero emissions and demand for high-efficiency renewable energy are driving the need for photovoltaic technologies that surpass the performance limits of conventional crystalline silicon solar cells. As single-junction crystalline silicon solar cells approach their practical efficiency limits, perovskite-silicon ta...

Colocation refers to the provision of data center space, racks, power, and network resources for customers in the data center industry. Colocation commonly has two types: wholesale/hyperscale colocation services, which includes extensive data center spaces for customers with high power requirements; and retail colocation services, including small s...

Lithium-ion batteries (LIBs) have been an integral part of energy storage systems, but their manufacture depends on rare earth metals, such as cobalt and nickel, sourced from countries that are subject to humanitarian crises and illegal mining practices. There is also a concentration of resources in selected locations, such as China, for LIBs. The ...

06 Feb 2023  |  Global  |  Market Research

Battery Energy Storage Growth Opportunities

Renewed Governmental Support for Clean Energy Transition Propels an Already Fast growing Industry

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Global battery energy storage (BES) deployment grew 51.8% in 2022 from 2021, with 17.54 GW/38.2 GWh commissioned. 2022 was a historic turning point in the clean energy transition. Despite constraints in the supply of critical minerals and materials, shipping, and sitting and permitting processes, BES is a burgeoning technology poised for accele...

The global Lithium-ion battery market by application (grid + energy storage, automotive, industrial, and consumer electronics) and by region (North America, Europe, APAC, and Rest-of-the-world) is expected to grow at a compound annual growth rate (CAGR) of 17.9% during 2018–2025. Market growth is fuelled by rising demand for energy storage across t...