Global battery energy storage market will grow sixfold by 2030, led by China and the US.

Global Battery Energy Storage Market to Grow Sixfold by 2030, Led by China and the U.S.

According to the latest report released by GlobalData, the global battery energy storage system (BESS) market is expected to grow sixfold by 2030, reaching a total capacity of 1,300 GW, with a compound annual growth rate (CAGR) as high as 46%. This growth is primarily driven by the expansion of renewable energy and the need for grid stability, with China and the United States taking the lead.

Industry Background

As the share of intermittent renewable energy sources such as solar and wind power continues to increase in the grid, the global power system has an increasingly urgent demand for long-duration energy storage. In April of this year, wind and solar power generation exceeded natural gas for the first time, marking a significant milestone in the energy transition. However, the variability of renewable energy requires supporting storage facilities to balance supply and demand, particularly for shifting electricity from the midday solar peak to the evening demand peak.

Key Developments

The GlobalData report indicates that BESS capacity will rapidly grow from 224.8 GW at the end of 2025 to 1,300 GW by 2030. China and the United States, as leading markets, together account for nearly three-quarters of global BESS capacity at the end of 2025. By 2030, China's BESS capacity is expected to reach 793 GWh, while the U.S. will reach 382 GWh. This growth stems not only from utility-scale energy storage projects but also from emerging applications such as data centers and electric vehicle (EV) charging infrastructure.

Industry Impact

The explosive growth of the BESS market will have profound implications for the entire EV industry and battery supply chain. First, battery demand will remain strong, driving battery companies such as CATL, LG Energy Solution, and Samsung SDI to expand capacity and advance technology iterations. Second, the integration of energy storage systems with EV charging networks will accelerate the intelligentization of charging infrastructure, and vehicle-to-grid (V2G) technology may see large-scale adoption. Furthermore, declining storage costs will further reduce the total lifecycle cost of EVs, promoting the proliferation of electric mobility.

Challenges and Risks

Accompanying the expansion of the BESS market are issues of battery recycling and environmental transparency. A recent report released by the Global Alliance for Incinerator Alternatives (GAIA) indicates that 90% of EV battery waste in the U.S. is recycled, but environmental data from recycling facilities are severely insufficient. The report calls for the establishment of a standardized disclosure framework covering information on emissions, water usage, chemical inventories, and material recovery rates. This issue poses a challenge to the sustainability of the battery supply chain and may impact consumer confidence and regulatory policies.

Future OutlookLooking ahead to 2030, BESS will not only become the core tool for grid frequency regulation and backup power, but will also be deeply integrated into data centers and the electric mobility ecosystem. With the surge in AI-driven electricity demand, energy storage systems need multi-level capabilities ranging from millisecond-level response to multi-hour peak shaving. The technology roadmaps and industrial policies of China and the United States will shape the global energy storage landscape, while breakthroughs in battery recycling technology and increased transparency are key to achieving a truly green transition.

Conclusion

The exponential growth of the global battery energy storage market is an irreversible trend in the energy transition. This process will reshape the battery industry chain, charging infrastructure, and intelligent mobility ecosystem, driving electrification of transportation to a new stage.