Europe Battery Energy Storage Systems Market Size & Outlook
The battery energy storage systems market in Europe is expected to reach a projected revenue of US$ 10,286.4 million by 2030. A compound annual growth rate of 33% is expected of Europe battery energy storage systems market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,956.6
Forecast, 2030 (US$M)
$10,286.4
CAGR, 2025 - 2030
33.0%
Report Coverage
Europe
Global Report
Related Markets
Europe battery energy storage systems market highlights
- The Europe battery energy storage systems market generated a revenue of USD 1,956.6 million in 2024.
- The market is expected to grow at a CAGR of 33% from 2025 to 2030.
- In terms of segment, data center was the largest revenue generating application in 2024.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 1,956.6 million |
| Market revenue in 2030 | USD 10,286.4 million |
| Growth rate | 33% (CAGR from 2025 to 2030) |
| Largest segment | Data center |
| Fastest growing segment | Industrial |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Telecommunication, Data Center, Medical, Industrial, Marine |
| Key market players worldwide | ABB Ltd, LG Chem, Panasonic Holdings Corp, Samsung Electronics Co Ltd, BYD Co Ltd ADR, Contemporary Amperex Technology, Exide Technologies, General Electric, Nissan Motor Co Ltd, AES Energy Storage, HOPPECKE Batteries, Tesla Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.2% of the battery energy storage systems market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 6,324.8 million by 2030.
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Publish Date: Nov 17, 2025
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Battery Energy Storage Systems Market Scope
Battery Energy Storage Systems Market segmentation & scope
Battery Energy Storage Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Panasonic Holdings Corp | View profile | 230,025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | holdings.panasonic |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Tesla Inc | View profile | 140,473 | 1 Tesla Road, Austin, TX, United States, 78725 | www.tesla.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.lgchem.com |
| BYD Co Ltd ADR | View profile | 703,504 | No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, China, People's Republic of, 518118 | www.byd.com |
| Nissan Motor Co Ltd | View profile | 147,116 | 1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, Japan, 220-8686 | www.nissan-global.com |
| HOPPECKE Batteries | View profile | 1001-5000 | Brilon, Nordrhein-Westfalen, Germany, Europe | www.hoppecke.com/ |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | www.ge.com |
| AES Energy Storage | View profile | 1001-5000 | Arlington, Virginia, United States, North America | aesenergystorage.com |
Europe Battery Energy Storage Systems Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Battery Energy Storage Systems Market Outlook will help companies and investors design strategic landscapes.
Data Center was the largest segment with a revenue share of 47.35% in 2024.
Horizon Databook has segmented the Europe battery energy storage systems market based on telecommunication, data center, medical, industrial, marine covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Battery Energy Storage Systems Market Application Outlook (Revenue, USD Million , 2018-2030)
- Telecommunication
- Data Center
- Medical
- Industrial
- Marine
- Others
- Europe Battery Energy Storage Systems Market Battery Type Outlook (Revenue, USD Million , 2018-2030)
- Flywheel battery
- Lead acid battery
- Lithium ion Battery
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Battery Energy Storage Systems Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Battery Energy Storage Systems Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Europe Battery Energy Storage Systems Market, 2018-2030 (US$M)
Europe battery energy storage systems market statistics, by application, 2018-2030 (US$M)
