Quantifying Growth Opportunities in the $105 Billion Energy Storage Market

May 15, 2017 | State of the Market Report

Within the next decade, both transportation and stationary energy storage will overtake consumer electronics as the largest markets for energy storage. Electric vehicles and hybrids will push energy storage revenues in transportation to $69 billion/year by 2025, while transformations in the electricity grid bring stationary storage to $19 billion/year. This growth will have profound implications, ranging from how whole economies are powered to how populations and products move around.

Coverage Areas

Accelerating Materials Innovation
Owning the Energy Transition
The Future of Mobility

Executive Summary
Landscape

Transportation applications will dominate the energy storage market, although consumer electronics still makes up most revenue today.
Analysis

Consumer electronics represent the most lucrative energy storage market today, although the fast-growing transportation and stationary markets are poised to surpass it in the next decade.
Outlook

Lead Analysts

Christopher Robinson

Director, Research

Tim Grejtak

Analyst

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