Asia Pacific Battery Energy Storage System Market

Asia Pacific Battery Energy Storage System Market worth $62.45 billion by 2030

The report "Asia Pacific Battery Energy Storage System Market by Type (Lithium-ion Battery, Advanced Lead Acid Battery, Flow Battery, Sodium-ion Battery), Capacity (Below 30 kWh, 30 kWh to 10 MWh, Above 10 MWh), Connection Type (On-grid, Off-grid) – Forecast to 2030", The Asia Pacific battery energy storage system market is estimated at USD 28.61 billion in 2025 and is projected to reach USD 62.45 billion by 2030, growing at a CAGR of 16.9% during the forecast period. The Asia Pacific BESS market continues to gain strong momentum, supported by rapid renewable energy deployment, rising electrification needs, and growing policy support for grid modernization. The region is witnessing a sharp rise in utility-scale storage projects, with countries such as China, India, Australia, and Japan leading through large solar-plus-storage and standalone storage installations. National and state-level renewable targets, along with incentive programs and auction-based procurement schemes, are creating a favorable investment landscape and encouraging widespread adoption across utilities, commercial facilities, and industrial sites. An increasing focus on grid resilience, peak-load management, and reliable power supply in remote and island regions further reinforces the need for energy storage assets across the Asia Pacific.
However, the market continues to face safety-related challenges, particularly overheating risks in lithium-ion batteries used in large-scale installations. The high energy density and thermal characteristics of these systems require advanced thermal management, monitoring, and fire prevention technologies to mitigate the risk of thermal runaway and ensure safe operation. Despite this constraint, declining battery prices, expanding regional manufacturing capacity, and ongoing investment in grid modernization are expected to support sustained deployment across the Asia Pacific region. Strong decarbonization targets, rapid electrification growth, and rising demand for reliable power, especially from data centers, commercial facilities, and remote communities, will continue to create substantial opportunities for the Asia Pacific BESS market in the coming years.

Browse 119 market data Tables and 60 Figures spread through 250 Pages and in-depth TOC on "Asia Pacific Battery Energy Storage System Market by Type (Lithium-ion Battery, Advanced Lead Acid Battery, Flow Battery, Sodium-ion Battery), Capacity (Below 30 kWh, 30 kWh to 10 MWh, Above 10 MWh), Connection Type (On-grid, Off-grid) – Forecast to 2030"
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The on-grid connection type segment is anticipated to grow at a significant CAGR during the forecast period.

The on-grid energy storage segment is gaining strong momentum in the Asia Pacific region as utilities and power producers deploy grid-connected storage to support renewable integration, manage peak demand, and enhance grid stability. These systems are directly connected to the transmission network and are widely used in China, India, Japan, and Australia to provide frequency regulation, voltage support, and energy shifting for large-scale solar and wind projects. Supportive policies, capacity auctions, and grid modernization programs are accelerating adoption, while falling battery costs and strong domestic manufacturing capacity continue to improve project economics. As electrification expands and the need for flexible, resilient power systems grows, on-grid energy storage solutions are expected to achieve a significant CAGR across the region.

The lithium-ion battery segment is predicted to gain the largest market share.

Lithium-ion batteries are expected to continue dominating the Asia Pacific BESS market due to their high energy density, strong performance, and declining costs. Their modular design and fast response make them well-suited for integrating renewable energy, managing peak loads, and balancing the grid across utility, commercial, and industrial applications. Rapid growth in solar and wind projects, particularly in China, India, Japan, and Australia, is driving demand for reliable storage solutions. Meanwhile, strong domestic manufacturing capacity is helping to reduce system costs. With expanding use in microgrids, data centers, and industrial facilities, lithium-ion batteries are expected to remain the leading technology in the region.

India is expected to be the fastest-growing country in the Asia Pacific market during the forecast period.

India is expected to be the fastest-growing country in the Asia Pacific BESS market over the forecast period. The region is seeing rapid growth in storage deployment, driven by the expansion of solar and wind capacity, grid modernization programs, and rising demand for peak-load management and a reliable power supply. Utility-scale projects are accelerating in key markets, including China, India, Japan, South Korea, and Australia, with solar-plus-storage and standalone systems addressing grid stability and frequency regulation needs. India leads this momentum due to ambitious renewable targets, large-scale tenders, and strong policy support, while rising demand from data centers and industrial facilities further strengthens adoption. Declining battery costs, expanding manufacturing capacity, and a growing focus on grid resilience position India as the most dynamic market within Asia Pacific, offering the highest CAGR.

Major companies operating in the Asia Pacific battery energy storage system market include Sungrow (China), LG Energy Solution (South Korea), BYD Company Ltd. (China), Samsung SDI (South Korea), and Panasonic (Japan).

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Asia Pacific Battery Energy Storage System Market Size,  Share & Growth Report
Report Code
SE 9792
PR Published ON
11/29/2025
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