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
  • Energy Storage
  • Owning the Energy Transition
  • The Future of Mobility

Table of Contents

  • 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
Senior Analyst
Tim Grejtak
Analyst

Categories Consumer electronics, Hybrid vehicles, Lithium-ion batteries, Lithium-ion battery cathodes, Micro-hybrid vehicles, Plug-in vehicles

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