Europe Long Duration Energy Storage Market Size & Outlook
Europe long duration energy storage market highlights
- The Europe long duration energy storage market generated a revenue of USD 289.6 million in 2025.
- The market is expected to grow at a CAGR of 11.7% from 2026 to 2033.
- In terms of segment, mechanical storage was the largest revenue generating technology in 2025.
- Mechanical Storage is the most lucrative technology segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2025 | USD 289.6 million |
| Market revenue in 2033 | USD 698.5 million |
| Growth rate | 11.7% (CAGR from 2026 to 2033) |
| Largest segment | Mechanical storage |
| Fastest growing segment | Mechanical Storage |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mechanical Storage |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.0% of the global long duration energy storage market in 2025.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 894.1 million by 2033.
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Long Duration Energy Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hydrostor | View profile | 51-100 | Toronto, Ontario, Canada, North America | http://www.hydrostor.ca |
| Highview Power | View profile | 51-100 | London, England, United Kingdom, Europe | http://www.highview-power.com |
| Primus Power | View profile | 11-50 | Hayward, California, United States, North America | http://www.primuspower.com |
| Malta | View profile | 11-50 | Cambridge, Massachusetts, United States, North America | https://www.maltainc.com |
| Invinity Energy Systems Plc | View profile | 101-250 | St. Helier, NA - Jersey, Jersey, Europe | https://invinity.com/ |
| Form Energy | View profile | 251-500 | Somerville, Massachusetts, United States, North America | https://www.formenergy.com |
| Energy Vault Holdings Inc | View profile | 183 | 4360 Park Terrace Drive, Suite 100, Westlake Village, CA, United States, 91361 | https://www.energyvault.com |
| Sumitomo Electric Industries Ltd | View profile | 334716 | 4-5-33, Kitahama, Chuo-ku, Osaka, Japan, 541-0041 | http://www.sei.co.jp |
| Siemens Energy AG ADR | View profile | 97000 | Otto-Hahn-Ring 6, Munich, BY, Germany, 81739 | https://www.siemens-energy.com |
Europe long duration energy storage 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 long duration energy storage market will help companies and investors design strategic landscapes.
Mechanical storage was the largest segment with a revenue share of 111.26% in 2025. Horizon Databook has segmented the Europe long duration energy storage market based on mechanical storage covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of long duration energy storage market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe long duration energy storage market , including forecasts for subscribers. This continent databook contains high-level insights into Europe long duration energy storage market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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