PUBLISHER: The Business Research Company | PRODUCT CODE: 2133803
PUBLISHER: The Business Research Company | PRODUCT CODE: 2133803
Long duration energy storage (LDES) refers to technologies that store energy for extended durations, typically beyond 4-6 hours, for subsequent use. These technologies help balance renewable energy generation and demand, improve grid stability, and enhance energy resilience by storing surplus electricity during periods of low demand and releasing it during peak demand periods.
The primary technology types in long-duration energy storage include pumped hydro storage (PHS), compressed air energy storage (CAES), liquid air energy storage (LAES), flow batteries, and solid-state batteries. Pumped hydro storage stores energy by pumping water to a higher elevation during periods of low electricity demand and releasing it through turbines to generate electricity during periods of high demand. The storage capacities are categorized as up to 50 MW, 50-100 MW, and more than 100 MW. The duration classifications include up to 8 hours, 8-10 hours, and above 10 hours. Key applications include grid energy storage, off-grid energy storage, and backup power, with usage spanning utilities, industrial, commercial, residential, and other sectors.
Tariffs are influencing the long duration energy storage market by affecting the costs of imported storage technologies and essential components such as batteries and power electronics. Higher tariffs are increasing capital expenditures, particularly affecting segments such as flow batteries and solid-state batteries in regions including North America and Europe. Utilities and industrial end-users are particularly impacted because of the scale of their deployments. However, these tariffs are also encouraging investments in local manufacturing and innovation in cost-efficient energy storage solutions, creating positive momentum in parts of the market.
The long duration energy storage market research report is one of a series of new reports from The Business Research Company that provides long duration energy storage market statistics, including the long duration energy storage industry's global market size, regional shares, competitors with a long duration energy storage market share, detailed long duration energy storage market segments, market trends and opportunities, and any further data you may need to thrive in the long duration energy storage industry. This long duration energy storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The long duration energy storage market size has grown rapidly in recent years. It will grow from $3.53 billion in 2025 to $4.03 billion in 2026 at a compound annual growth rate (CAGR) of 14.1%. The growth during the historic period can be attributed to increased renewable energy adoption, rising electricity demand, limited grid flexibility, increasing energy costs, and government incentives for energy storage.
The long duration energy storage market size is expected to see rapid growth in the next few years. It will grow to $6.81 billion in 2030 at a compound annual growth rate (CAGR) of 14.0%. The growth during the forecast period can be attributed to advancements in battery technologies, increasing grid decentralization, supportive clean energy policies, rising adoption of industrial energy storage, and integration with electric mobility infrastructure. Major trends during the forecast period include greater renewable energy integration, increasing emphasis on energy resilience and reliability, adoption of peak shaving and load management solutions, improved scalability of long-duration storage, and development of hybrid storage solutions.
The increasing availability of EV charging infrastructure is expected to fuel the growth of the long-duration energy storage market going forward. EV charging infrastructure refers to a network of charging stations, including slow, fast, and ultra-fast chargers, that provide electricity for recharging electric vehicles. The expansion of EV charging infrastructure is being driven by the growing adoption of electric vehicles (EVs), government incentives, advancements in battery technology, and the global emphasis on sustainable transportation. EV charging infrastructure utilizes long-duration energy storage to store renewable energy and ensure a stable power supply during periods of peak demand or grid outages. For instance, in April 2024, according to the International Energy Agency, a France-based intergovernmental organization, global public charging points were projected to exceed 15 million by 2030, representing a fourfold increase from 4 million in 2023, and reach 25 million by 2035, marking a sixfold increase. Therefore, the increasing EV charging infrastructure is driving the growth of the long-duration energy storage market.
Major companies operating in the long-duration energy storage market are increasingly focusing on technological advancements, including innovative battery management systems, to optimize energy efficiency and improve safety. Battery management systems (BMS) are advanced technology solutions designed to monitor, manage, and optimize the performance, safety, and lifespan of battery packs used in energy storage applications. For instance, in September 2024, Xiamen HiTHIUM Energy Storage Technology Co. Ltd., a China-based energy storage company, launched the HiTHIUM ∞Block 6.25MWh energy storage system, a 4-hour long-duration energy storage solution. The system is designed to store surplus solar energy and improve grid reliability during periods of peak demand. Key features include an advanced battery management system, external active balancing technology, and eco-friendly components. The launch demonstrates HiTHIUM's commitment to supporting the transition toward sustainable energy solutions.
In December 2024, Eos Energy Enterprises Inc., a US-based battery manufacturing company, partnered with FlexGen Power Systems LLC to develop a fully integrated stationary energy storage solution, improving the efficiency and deployment of long-duration energy storage applications. The collaboration is aimed at addressing the growing demand for reliable and sustainable energy storage solutions. FlexGen Power Systems LLC is a US-based energy management company specializing in hybrid power solutions and software for energy storage systems.
Major companies operating in the long duration energy storage market are Sumitomo Electric Industries Ltd., MAN Energy Solutions, Stryten Energy, Energy Vault Inc., Form Energy, Alsym Energy Inc., Highview Enterprises Ltd, MGA Thermal Pty Ltd, Invinity Energy Systems, VFlowTech Pte Ltd, Eos Energy Enterprises, Primus Power Solutions, VoltStorage GmbH, Gravitricity, e-Zinc Inc., Enlighten Innovations Inc., Storelectric Limited, 1414 Degrees Limited, Corre Energy General Partner B.V., Storion, Malta Inc., ESS Tech Inc., Xiamen HiTHIUM Energy Storage Technology Co. Ltd., Enerpoly AB.
North America was the largest region in the long duration energy storage market in 2025. The regions covered in the long duration energy storage market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the long duration energy storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The long duration energy storage market consists of sales of gravity-based storage, flywheel energy storage, superconducting magnetic energy storage (SMES), and hybrid energy storage systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Long Duration Energy Storage Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses long duration energy storage market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for long duration energy storage ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The long duration energy storage market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.