Blog

Containerized Battery Energy Storage System Market Overview

The global containerized battery energy storage system market was valued at around USD 13.51 billion in 2024. Over the next decade, the market is expected to grow significantly, reaching approximately USD 90.74 billion by 2034, which translates to a CAGR of about 21% from 2025 to 2034. This rapid expansion is largely driven by the increasing penetration of renewable energy sources and the rising need for large-scale grid energy storage solutions.

Regional Insights:

• North America: Market valued at USD 5.34 billion in 2024, expected to climb to USD 35.88 billion by 2034.

• Europe: Valued at USD 2.63 billion in 2024, projected to exceed USD 17.66 billion by 2034.

• Asia-Pacific: Accounted for USD 4.40 billion in 2024, with forecasts reaching USD 29.58 billion by 2034.

For a detailed sample report, visit: Get a Free Sample

Containerized BESS Market: Company Profiles

CATL

• Overview: Founded in 2011 in China, CATL is a world-leading lithium-ion battery manufacturer.

• Specialization: EV batteries and energy storage systems (ESS).

• Key Focus Areas: Global market expansion and advanced battery R&D.

• Notable Features: High-capacity battery solutions; top global supplier.

• 2024 Revenue: ~USD 30B

• Market Share: Leading global supplier

• Global Presence: Asia, Europe, North America

• Recent Developments: Delivered 69 GWh of ESS batteries in 2023, marking a 46.8% YoY increase.

Samsung SDI

• Overview: South Korean company established in 1970.

• Specialization: Advanced lithium-ion batteries for EVs and ESS.

• Key Focus Areas: High-energy-density batteries and strategic global partnerships.

• Notable Features: Strong R&D capabilities.

• 2024 Revenue: ~USD 20B

• Global Presence: Asia, Europe, North America

• Recent Developments: Investing in LFP production and transitioning EV battery lines to ESS.

ABB

• Overview: Swiss multinational founded in 1988, focused on electrification and automation solutions.

• Specialization: Electrification, automation, and ESS.

• Key Focus Areas: Smart grid integration and renewable energy adoption.

• Notable Features: Automation and control technology expertise.

• 2024 Revenue: ~USD 30B

• Global Presence: Over 100 countries

• Recent Developments: Emphasis on renewable energy integration and smart grid projects.

Eaton

• Overview: US-based company founded in 1911, specializing in power management.

• Specialization: Power management and ESS.

• Key Focus Areas: Energy efficiency and grid modernization.

• 2024 Revenue: ~USD 25B

• Global Presence: 175+ countries

• Recent Developments: Expanding energy-efficient solutions and grid modernization initiatives.

Fluence

• Overview: Formed in 2018 as a joint venture between Siemens and AES, focusing on global energy storage technologies.

• Specialization: Large-scale energy storage systems.

• Key Focus Areas: Deployment of large-scale storage projects and digital energy solutions.

• 2024 Revenue: ~USD 5B

• Global Presence: 25+ countries

• Recent Developments: Concentrating on large-scale energy storage deployments.

EVE Energy

• Overview: Chinese company founded in 2001; lithium-ion battery specialist.

• Specialization: EV batteries and ESS.

• Key Focus Areas: International market expansion and high-performance battery development.

• 2024 Revenue: ~USD 3B

• Global Presence: Asia; expanding into Europe and North America

• Recent Developments: Achieved over 100% growth in ESS battery sales.

Tesla

• Overview: US-based EV and clean energy company, founded in 2003.

• Specialization: EVs and energy storage solutions.

• Key Focus Areas: Sustainable energy adoption and autonomous driving technology.

• Notable Features: Powerwall and Megapack products.

• 2024 Revenue: ~USD 80B

• Global Presence: US, China, Europe

• Recent Developments: Shanghai Megapack plant production expected to start in 2025.

LG Energy Solution

• Overview: South Korean company founded in 2020, specializing in EV and ESS batteries.

• Specialization: High-energy-density batteries.

• 2024 Revenue: ~USD 25B

• Global Presence: Asia, Europe, North America

• Recent Developments: Investing in LFP battery production.

Gotion

• Overview: China-based, founded in 2006, lithium-ion battery manufacturer.

• Specialization: EV batteries and ESS.

• 2024 Revenue: ~USD 2B

• Global Presence: Asia; expanding to Europe and North America

• Recent Developments: Recorded over 100% growth in ESS battery sales.

Pylon Technologies

• Overview: Founded in 2005 in China, producing lithium-ion batteries.

• Specialization: EV and ESS batteries.

• 2024 Revenue: ~USD 1B

• Global Presence: Asia; expanding internationally

• Recent Developments: Over 100% growth in ESS battery sales.

Contact for Full Report: For a comprehensive analysis of the containerized BESS market and detailed company profiles, contact here.