Lucintel Forecasts The Global Off-grid Energy Storage System Market To Grow With A Cagr Of 11.1% From 2025 To 2031

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global off-grid energy storage system market looks promising with opportunities in the family backup power, industrial UPS, and unattended equipment markets. The global off-grid energy storage system market is expected to grow with a CAGR of 11.1% from 2025 to 2031. The major drivers for this market are the increasing affordability of storage technologies, the rising focus on sustainable energy systems, and the growing need for remote power solutions.
A more than 150-page report to understand trends, opportunity and forecast in global off-grid energy storage system market to 2031 by type (lithium-ion battery, lead-acid battery, and others), application (family backup power, industrial UPS, unattended equipment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, lithium-ion battery is expected to witness higher growth over the forecast period.
Within the application category, family backup power is expected to witness the highest growth.
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In terms of region, APAC is expected to witness the highest growth over the forecast period.
EnerSys, Samsung, LG, Sonnen, Fronius, Toshiba, Mitsubishi Heavy Industries, Sumitomo Electric Industries, Enphase, SAFT are the major suppliers in the off-grid energy storage system market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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