In 2023, the global energy storage systems market reached a capacity of 236.6 GW. The IMARC Group projects the market to grow to 468.4 GW by 2032, with a compound annual growth rate (CAGR) of 7.6% from 2024 to 2032. This steady growth is driven by increasing demand for electricity during emergency power outages, grid modernization and decentralization, the escalating use of renewable ... https://www.imarcgroup.com/energy-storage-systems-market