Energy Storage Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologi
October 12, 2023 ⚊ 1 Min read ⚊ Views 53 ⚊ NEWSThe energy storage market size stood at 36,774 MW (Megawatts) in 2022, and it is expected to grow at a CAGR of 35.2% during 2022–2030, to reach 410,543 MW by 2030.
The growing emphasis on alternative electricity sources, the high availability of batteries, and the increasing concerns over the rising pollution levels because of the combustion of fossil fuels are the major drivers for industry growth.
Tags: chemical, Electrochemical, Mechanical, Thermal