PUBLISHER: Grand View Research | PRODUCT CODE: 1869936
PUBLISHER: Grand View Research | PRODUCT CODE: 1869936
Americas Battery Energy Storage System Market Size, Share & Trends Analysis Report By Battery Type (Flywheel, Lead Acid, Lithium-Ion), By End-use (Data Center, Medical), By Region, And Segment Forecasts, 2025 - 2033
Americas Battery Energy Storage System Market Summary
The Americas battery energy storage system market size was estimated at USD 39.27 billion in 2024 and is projected to reach USD 138.47 billion by 2033, growing at a CAGR of 14.5% from 2025 to 2033. Regional market growth is primarily driven by increasing renewable energy integration, grid modernization efforts, and government-backed incentives to promote clean energy infrastructure.
With a growing emphasis on decarbonization, Battery Energy Storage System (BESS) technologies have become central to stabilizing renewable power systems, supporting frequency regulation, and enhancing energy reliability. The rise of distributed energy resources (DERs) and electric vehicle (EV) adoption is further catalyzing demand, particularly as utilities and commercial players seek flexible, cost-efficient solutions for energy management.
In the United States, strong policy support, including the Inflation Reduction Act (IRA) and federal tax credits under the Investment Tax Credit (ITC), continues to bolster market growth. Utilities are deploying large-scale BESS systems to manage grid congestion, while residential and commercial adoption is rising amid frequent weather-related disruptions and peak load concerns. States such as California, Texas, and New York lead the country's storage capacity additions, supported by regional incentives and mandates for renewable integration. Continuous R&D investments in advanced chemistries, particularly lithium-ion and flow batteries, also expand system efficiency, energy density, and lifecycle performance, reinforcing the country's leadership in the market.
Across Latin America, countries such as Brazil, Chile, and Mexico are witnessing rapid BESS adoption, primarily driven by renewable energy expansion and grid reliability initiatives. Brazil, with its vast hydropower base, is incorporating battery energy storage system to balance intermittent solar and wind inputs, while Chile is advancing hybrid solar-plus-storage projects in the Atacama region. Mexico's industrial sector increasingly deploys storage to reduce energy costs and ensure supply stability amid ongoing energy reforms. As governments and utilities across the region prioritize clean energy transitions and resilience improvements, the Latin American market is expected to grow steadily, contributing significantly to overall regional market expansion.
Americas Battery Energy Storage System Market Report Segmentation
This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the Americas battery energy storage system market report based on battery type, end use, and region:
- Battery Type Outlook (Revenue, USD Million, 2021 - 2033)
- Flywheel
- Lead Acid
- Lithium-Ion
- Others
- End Use Outlook (Revenue, USD Million, 2021 - 2033)
- Telecommunication
- Data Center
- Medical
- Industrial
- Marine
- Others
- Regional Outlook (Revenue, USD Million, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Value Chain Analysis
- 3.3. Regulatory Framework
- 3.3.1. Standards & Compliance
- 3.3.2. Regulatory Impact Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of Substitution
- 3.5.4. Threat of New Entrants
- 3.5.5. Competitive Rivalry
- 3.6. PESTLE Analysis
- 3.6.1. Political
- 3.6.2. Economic
- 3.6.3. Social Landscape
- 3.6.4. Technology
- 3.6.5. Environmental
- 3.6.6. Legal
Chapter 4. Americas BESS Market: Battery Type Estimates & Trend Analysis
- 4.1. Americas BESS Market: Battery Type Movement Analysis, 2024 & 2033
- 4.2. Flywheel
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.3. Lead Acid
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.4. Lithium-Ion
- 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.5. Others
- 4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 5. Americas BESS Market: End Use Estimates & Trend Analysis
- 5.1. Americas BESS Market: End Use Movement Analysis, 2024 & 2033
- 5.2. Telecommunication
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.3. Data Center
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.4. Medical
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.5. Industrial
- 5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.6. Marine
- 5.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.7. Others
- 5.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 6. Americas BESS Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2024 & 2033
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.2. Market estimates and forecasts, by battery type, 2021 - 2033 (USD Million)
- 6.2.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.4.2. Market estimates and forecasts, by battery type, 2021 - 2033 (USD Million)
- 6.2.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.5.2. Market estimates and forecasts, by battery type, 2021 - 2033 (USD Million)
- 6.2.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.6.2. Market estimates and forecasts, by battery type, 2021 - 2033 (USD Million)
- 6.2.6.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
- 6.3. Latin America
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.3.2. Market estimates and forecasts, by battery type, 2021 - 2033 (USD Million)
- 6.3.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
- 6.3.4. Brazil
- 6.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.3.4.2. Market estimates and forecasts, by battery type, 2021 - 2033 (USD Million)
- 6.3.4.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
- 6.3.5. Argentina
- 6.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.3.5.2. Market estimates and forecasts, by battery type, 2021 - 2033 (USD Million)
- 6.3.5.3. Market estimates and forecasts, by end use, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments By Key Market Participants
- 7.2. Company Categorization
- 7.3. List of Key Component Suppliers & Channel Partners
- 7.4. Company Market Share & Positioning Analysis, 2024
- 7.5. Heat Map Analysis
- 7.6. Vendor Landscape
- 7.6.1. List of Raw Material Suppliers
- 7.6.2. List of Distributors/Traders
- 7.6.3. List of Other Prominent Manufacturers
- 7.7. List of Prospective End Users
- 7.8. Strategy Mapping
- 7.9. Company Profiles/Listing
- 7.9.1. AES Energy Storage
- 7.9.1.1. Company Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Product Benchmarking
- 7.9.2. Altair Nanotechnologies Inc.
- 7.9.2.1. Company Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Product Benchmarking
- 7.9.3. Beckett Energy Systems
- 7.9.3.1. Company Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Product Benchmarking
- 7.9.4. CATL (Contemporary Amperex Technology Co. Limited)
- 7.9.4.1. Company Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Product Benchmarking
- 7.9.5. EnerSys
- 7.9.5.1. Company Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Product Benchmarking
- 7.9.6. Exide Technologies
- 7.9.6.1. Company Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Product Benchmarking
- 7.9.7. Fluence Energy, Inc.
- 7.9.7.1. Company Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Product Benchmarking
- 7.9.8. General Electric (GE)
- 7.9.8.1. Company Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Product Benchmarking
- 7.9.9. GS Yuasa Corporation
- 7.9.9.1. Company Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Product Benchmarking
- 7.9.10. Hitachi Ltd.
- 7.9.10.1. Company Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Product Benchmarking
- 7.9.11. Imergy Power Systems Inc.
- 7.9.11.1. Company Overview
- 7.9.11.2. Financial Performance
- 7.9.11.3. Product Benchmarking
- 7.9.12. LG Energy Solution
- 7.9.12.1. Company Overview
- 7.9.12.2. Financial Performance
- 7.9.12.3. Product Benchmarking
- 7.9.13. Powin Energy
- 7.9.13.1. Company Overview
- 7.9.13.2. Financial Performance
- 7.9.13.3. Product Benchmarking
- 7.9.14. Samsung SDI Co., Ltd.
- 7.9.14.1. Company Overview
- 7.9.14.2. Financial Performance
- 7.9.14.3. Product Benchmarking
- 7.9.15. Sungrow Power Supply Co., Ltd.
- 7.9.15.1. Company Overview
- 7.9.15.2. Financial Performance
- 7.9.15.3. Product Benchmarking
- 7.9.16. Tesla, Inc.
- 7.9.16.1. Company Overview
- 7.9.16.2. Financial Performance
- 7.9.16.3. Product Benchmarking
- 7.9.1. AES Energy Storage
List of Tables
- Table 1 Americas BESS market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 2 Flywheel market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 3 Lead Acid market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 4 Lithium-Ion market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 5 Others market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 6 Americas BESS market estimates & forecasts, in Telecommunication, 2021 - 2033 (USD Million)
- Table 7 Americas BESS market estimates & forecasts, in Data Center, 2021 - 2033 (USD Million)
- Table 8 Americas BESS market estimates & forecasts, in Medical, 2021 - 2033 (USD Million)
- Table 9 Americas BESS market estimates & forecasts, in Industrial, 2021 - 2033 (USD Million)
- Table 10 Americas BESS market estimates & forecasts, in Marine, 2021 - 2033 (USD Million)
- Table 11 Americas BESS market estimates & forecasts, in Others, 2021 - 2033 (USD Million)
- Table 12 North America BESS market estimates & forecast, 2021 - 2033 (USD Million)
- Table 13 North America BESS market estimates & forecasts by battery type, 2021 - 2033 (USD Million)
- Table 14 North America BESS market estimates & forecasts by end use, 2021 - 2033 (USD Million)
- Table 15 U.S. BESS market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 16 U.S. BESS market estimates & forecasts by battery type, 2021 - 2033 (USD Million)
- Table 17 U.S. BESS market estimates & forecasts by end use, 2021 - 2033 (USD Million)
- Table 18 Canada BESS market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 19 Canada BESS market estimates & forecasts by battery type, 2021 - 2033 (USD Million)
- Table 20 Canada BESS market estimates & forecasts by end use, 2021 - 2033 (USD Million)
- Table 21 Latin America BESS market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 22 Latin America BESS market estimates & forecasts by battery type, 2021 - 2033 (USD Million)
- Table 23 Latin America BESS market estimates & forecasts by end use, 2021 - 2033 (USD Million)
- Table 24 Brazil BESS market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 25 Brazil BESS market estimates & forecasts by battery type, 2021 - 2033 (USD Million)
- Table 26 Brazil BESS market estimates & forecasts by end use, 2021 - 2033 (USD Million)
- Table 27 Argentina BESS market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 28 Argentina BESS market estimates & forecasts by battery type, 2021 - 2033 (USD Million)
- Table 29 Argentina BESS market estimates & forecasts by end use, 2021 - 2033 (USD Million)
List of Figures
- Fig 1. Market segmentation
- Fig 2. Information procurement
- Fig 3. Data analysis models
- Fig 4. Market formulation and validation
- Fig 5. Data validating & publishing
- Fig 6. Market snapshot
- Fig 7. Segmental outlook -Battery Type & End-Use
- Fig 8. Competitive Outlook
- Fig 9. Americas BESS market outlook, 2021-2033 (USD Billion)
- Fig 10. Value chain analysis
- Fig 11. Market dynamics
- Fig 12. Porter's Analysis
- Fig 13. PESTEL Analysis
- Fig 14. Americas BESS market, by battery type: Key takeaways
- Fig 15. Americas BESS market, by battery type: Market share, 2024 & 2033
- Fig 16. Americas BESS market, by end use: Key takeaways
- Fig 17. Americas BESS market, by end use: Market share, 2024 & 2033
- Fig 18. Americas BESS market: Regional analysis, 2024 & 2033
- Fig 19. Americas BESS market, by region: Key takeaways
