Energy Storage Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies
The total size of the energy storage market was 36,774 MW in 2022, and it will grow at a rate of 35.2% in the years to come, for reaching 410,543 MW by 2030, as per a report by P&S Intelligence.
One of the main drivers in the industry is the increasing emphasis on unconventional electricity generation sources. With the fast urbanization, there is an increasing demand for solar, hydro, and wind power.
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