Commercial and Industrial Energy Storage Market Analysis and Forecast by Size, Share, Growth, Trends 2031
Coverage: Commercial and Industrial Energy Storage Market covers analysis By Technology (Pumped Hydro, Electro-Chemical, Electro-Mechanical, Thermal); End-User (Residential, Non-Residential, Utilities) , and Geography (North America, Europe, Asia Pacific, and South and Central America)
- Report Date : Oct 2025
- Report Code : TIPRE00029625
- Category : Energy and Power
- Status : Upcoming
- Available Report Formats :
- No. of Pages : 150
The Commercial and Industrial Energy Storage Market is expected to register a CAGR of XX% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.
The report is categorized by Technology (Pumped Hydro, Electro-Chemical, Electro-Mechanical, Thermal) and further analyzes the market based on End-User (Residential, Non-Residential, Utilities). A comprehensive breakdown is provided at global, regional, and country levels for each of these key segments.
The report includes market size and forecasts across all segments, presenting values in USD. It also delivers key statistics on the current market status of leading players, along with insights into prevailing market trends and emerging opportunities.
The report Commercial and Industrial Energy Storage Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Commercial and Industrial Energy Storage Market Segmentation
Technology- Pumped Hydro
- Electro-Chemical
- Electro-Mechanical
- Thermal
- Residential
- Non-Residential
- Utilities
Strategic Insights
Commercial and Industrial Energy Storage Market Growth Drivers- Unlocking Cost Savings: Energy Storage Solutions for Businesses
- Empowering Sustainability: Greener Energy Choices for Industries
- Enhancing Reliability: Backup Power for Critical Operations
- Renewable Energy Storage Solutions Revolutionize Industrial Operations
- Smart Grids Empower Businesses with Real-Time Energy Management
- Sustainable Energy Storage Drives Cost Savings for Commercial Sectors
- Unlocking Savings: Innovative Solutions in Energy Storage
- Powering Sustainability: Eco-Friendly Storage for Businesses
- Future-Proofing: Smart Energy Storage for Industrial Growth
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Commercial and Industrial Energy Storage Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Commercial and Industrial Energy Storage Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Commercial And Industrial Energy Storage Market - By Technology
1.3.2 Commercial And Industrial Energy Storage Market - By End-User
1.3.3 Commercial And Industrial Energy Storage Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE MARKET - GLOBAL MARKET ANALYSIS
6.1. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE - GLOBAL MARKET OVERVIEW
6.2. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. PUMPED HYDRO
7.3.1. Overview
7.3.2. Pumped Hydro Market Forecast and Analysis
7.4. ELECTRO-CHEMICAL
7.4.1. Overview
7.4.2. Electro-Chemical Market Forecast and Analysis
7.5. ELECTRO-MECHANICAL
7.5.1. Overview
7.5.2. Electro-Mechanical Market Forecast and Analysis
7.6. THERMAL
7.6.1. Overview
7.6.2. Thermal Market Forecast and Analysis
8. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. Residential Market Forecast and Analysis
8.4. NON-RESIDENTIAL
8.4.1. Overview
8.4.2. Non-Residential Market Forecast and Analysis
8.5. UTILITIES
8.5.1. Overview
8.5.2. Utilities Market Forecast and Analysis
9. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Commercial And Industrial Energy Storage Market Overview
9.1.2 North America Commercial And Industrial Energy Storage Market Forecasts and Analysis
9.1.3 North America Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Technology
9.1.4 North America Commercial And Industrial Energy Storage Market Forecasts and Analysis - By End-User
9.1.5 North America Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Countries
9.1.5.1 United States Commercial And Industrial Energy Storage Market
9.1.5.1.1 United States Commercial And Industrial Energy Storage Market by Technology
9.1.5.1.2 United States Commercial And Industrial Energy Storage Market by End-User
9.1.5.2 Canada Commercial And Industrial Energy Storage Market
9.1.5.2.1 Canada Commercial And Industrial Energy Storage Market by Technology
9.1.5.2.2 Canada Commercial And Industrial Energy Storage Market by End-User
9.1.5.3 Mexico Commercial And Industrial Energy Storage Market
9.1.5.3.1 Mexico Commercial And Industrial Energy Storage Market by Technology
9.1.5.3.2 Mexico Commercial And Industrial Energy Storage Market by End-User
9.2. EUROPE
9.2.1 Europe Commercial And Industrial Energy Storage Market Overview
9.2.2 Europe Commercial And Industrial Energy Storage Market Forecasts and Analysis
9.2.3 Europe Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Technology
9.2.4 Europe Commercial And Industrial Energy Storage Market Forecasts and Analysis - By End-User
9.2.5 Europe Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Commercial And Industrial Energy Storage Market
9.2.5.1.1 Germany Commercial And Industrial Energy Storage Market by Technology
9.2.5.1.2 Germany Commercial And Industrial Energy Storage Market by End-User
9.2.5.2 France Commercial And Industrial Energy Storage Market
9.2.5.2.1 France Commercial And Industrial Energy Storage Market by Technology
9.2.5.2.2 France Commercial And Industrial Energy Storage Market by End-User
9.2.5.3 Italy Commercial And Industrial Energy Storage Market
9.2.5.3.1 Italy Commercial And Industrial Energy Storage Market by Technology
9.2.5.3.2 Italy Commercial And Industrial Energy Storage Market by End-User
9.2.5.4 United Kingdom Commercial And Industrial Energy Storage Market
9.2.5.4.1 United Kingdom Commercial And Industrial Energy Storage Market by Technology
9.2.5.4.2 United Kingdom Commercial And Industrial Energy Storage Market by End-User
9.2.5.5 Russia Commercial And Industrial Energy Storage Market
9.2.5.5.1 Russia Commercial And Industrial Energy Storage Market by Technology
9.2.5.5.2 Russia Commercial And Industrial Energy Storage Market by End-User
9.2.5.6 Rest of Europe Commercial And Industrial Energy Storage Market
9.2.5.6.1 Rest of Europe Commercial And Industrial Energy Storage Market by Technology
9.2.5.6.2 Rest of Europe Commercial And Industrial Energy Storage Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Commercial And Industrial Energy Storage Market Overview
9.3.2 Asia-Pacific Commercial And Industrial Energy Storage Market Forecasts and Analysis
9.3.3 Asia-Pacific Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Commercial And Industrial Energy Storage Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Commercial And Industrial Energy Storage Market
9.3.5.1.1 Australia Commercial And Industrial Energy Storage Market by Technology
9.3.5.1.2 Australia Commercial And Industrial Energy Storage Market by End-User
9.3.5.2 China Commercial And Industrial Energy Storage Market
9.3.5.2.1 China Commercial And Industrial Energy Storage Market by Technology
9.3.5.2.2 China Commercial And Industrial Energy Storage Market by End-User
9.3.5.3 India Commercial And Industrial Energy Storage Market
9.3.5.3.1 India Commercial And Industrial Energy Storage Market by Technology
9.3.5.3.2 India Commercial And Industrial Energy Storage Market by End-User
9.3.5.4 Japan Commercial And Industrial Energy Storage Market
9.3.5.4.1 Japan Commercial And Industrial Energy Storage Market by Technology
9.3.5.4.2 Japan Commercial And Industrial Energy Storage Market by End-User
9.3.5.5 South Korea Commercial And Industrial Energy Storage Market
9.3.5.5.1 South Korea Commercial And Industrial Energy Storage Market by Technology
9.3.5.5.2 South Korea Commercial And Industrial Energy Storage Market by End-User
9.3.5.6 Rest of Asia-Pacific Commercial And Industrial Energy Storage Market
9.3.5.6.1 Rest of Asia-Pacific Commercial And Industrial Energy Storage Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Commercial And Industrial Energy Storage Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Commercial And Industrial Energy Storage Market Overview
9.4.2 Middle East and Africa Commercial And Industrial Energy Storage Market Forecasts and Analysis
9.4.3 Middle East and Africa Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Commercial And Industrial Energy Storage Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Commercial And Industrial Energy Storage Market
9.4.5.1.1 South Africa Commercial And Industrial Energy Storage Market by Technology
9.4.5.1.2 South Africa Commercial And Industrial Energy Storage Market by End-User
9.4.5.2 Saudi Arabia Commercial And Industrial Energy Storage Market
9.4.5.2.1 Saudi Arabia Commercial And Industrial Energy Storage Market by Technology
9.4.5.2.2 Saudi Arabia Commercial And Industrial Energy Storage Market by End-User
9.4.5.3 U.A.E Commercial And Industrial Energy Storage Market
9.4.5.3.1 U.A.E Commercial And Industrial Energy Storage Market by Technology
9.4.5.3.2 U.A.E Commercial And Industrial Energy Storage Market by End-User
9.4.5.4 Rest of Middle East and Africa Commercial And Industrial Energy Storage Market
9.4.5.4.1 Rest of Middle East and Africa Commercial And Industrial Energy Storage Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Commercial And Industrial Energy Storage Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Commercial And Industrial Energy Storage Market Overview
9.5.2 South and Central America Commercial And Industrial Energy Storage Market Forecasts and Analysis
9.5.3 South and Central America Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Commercial And Industrial Energy Storage Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Commercial And Industrial Energy Storage Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Commercial And Industrial Energy Storage Market
9.5.5.1.1 Brazil Commercial And Industrial Energy Storage Market by Technology
9.5.5.1.2 Brazil Commercial And Industrial Energy Storage Market by End-User
9.5.5.2 Argentina Commercial And Industrial Energy Storage Market
9.5.5.2.1 Argentina Commercial And Industrial Energy Storage Market by Technology
9.5.5.2.2 Argentina Commercial And Industrial Energy Storage Market by End-User
9.5.5.3 Rest of South and Central America Commercial And Industrial Energy Storage Market
9.5.5.3.1 Rest of South and Central America Commercial And Industrial Energy Storage Market by Technology
9.5.5.3.2 Rest of South and Central America Commercial And Industrial Energy Storage Market by End-User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. COMMERCIAL AND INDUSTRIAL ENERGY STORAGE MARKET, KEY COMPANY PROFILES
11.1. LG CHEM
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BEACON POWER, LLC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CONVERGENT ENERGY AND POWER INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BYD COMPANY LTD.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ABB LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GREENSMITH ENERGY MANAGEMENT SYSTEMS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SEEO, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SANDC ELECTRIC COMPANY
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SCHEIDER ELECTRIC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SMA SOLAR TECHNOLOGY AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.LG Chem
2.Beacon Power, LLC
3.Convergent Energy and Power Inc.
4.BYD Company Ltd.
5.ABB Ltd.
6.Greensmith Energy Management Systems
7.Seeo, Inc.
8.SandC Electric Company
9.Scheider Electric
10.SMA Solar Technology AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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