Off Grid Energy Storage System Market Report 2025 (Global Edition)

Global Off Grid Energy Storage System Market Report 2025 Market Size Split by Type (Lithium-ion Battery, Lead-acid Battery, Others), by Connection Type (On-Grid, Off-Grid), by Application (Family Back...

Off Grid Energy Storage System Market Report Description

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Impact of Trumph Tariff on Energy and Power Industry

In 2025, global trade entered a turbulent phase as the U.S., under President Donald Trump, introduced aggressive "Liberation Day Tariffs" to address trade imbalances. These tariffs, ranging from 10% to 46%, heavily impacted the energy and power sector, which relies on global supply chains for critical components like rare earth metals, solar panels, wind turbines, and lithium. The U.S.–China trade war escalated, with reciprocal tariffs and China's trade surplus with the U.S. reaching USD 102.6 billion. Retaliatory tariffs from the EU and Canada further disrupted energy supply chains, raising material costs and causing delays in key projects.

The U.S. imposed a 20% tariff on rare earths, impacting EVs and clean tech; 25% on solar panels, increasing installation costs; 15–25% on wind turbine parts, affecting project timelines; and 10–15% on oil and gas equipment, pushing producers to rethink supply networks. Sub-sectors like renewables, EVs, oil & gas, and power generation are all experiencing rising costs, supply bottlenecks, and delayed investments. For instance, solar and wind projects now face 10–30% higher costs, and EV producers are struggling with battery input inflation.

China remains central to the U.S. energy supply chain, with even indirect imports via countries like Vietnam and Malaysia tightly linked to Chinese inputs. As a result, U.S. energy firms are exploring alternative sourcing from Southeast Asia, Latin America, and domestic production to reduce exposure. However, switching suppliers requires significant investment, coordination, and time.

In this volatile environment, market research is critical. It helps energy firms map supplier risks, track price trends, and explore alternative sourcing. It enables supply chain optimization through AI and predictive analytics, while regulatory tracking and scenario planning allow companies to anticipate future disruptions. Energy firms like NextEra and First Solar are responding by diversifying suppliers, investing in local production, and leveraging digital tools to improve procurement and adapt to tariff-driven challenges. Those using data-driven strategies and flexible operations are best positioned to thrive amid rising trade tensions.

Competitive Landscape of the Off Grid Energy Storage System Market

The Off Grid Energy Storage System Market features a diverse competitive landscape characterized by both established players and emerging innovators striving to capitalize on the growing demand for decentralized energy solutions.

January 2023: Sweden's prominent cultural center, Sara Kulturhus, is powered by a cutting-edge battery energy storage system (BESS) created by ABB in collaboration with Skellefteå Kraft. The venue's unique design called for innovative solutions, and the BESS was designed to supply the entire building with dependable and environment-friendly electricity. Comprising a transformer, six battery packs supplied by local supplier Northvolt, AC and DC switchgear by ABB, and inverters by EPC Power, the BESS was crafted with careful consideration and extensive expertise.

May 2022: Toshiba Corporation introduced the 125VDC SCIB Energy Storage System (ESS), which combines the dependability of Lithium Titanium Oxide (LTO) battery chemistry with a flexible and expandable cabinet design. The Toshiba 125VDC SCIB ESS is available in various user capacities, including 5kWh, 10kWh, 15kWh, and 20kWh, making it suitable for integration with Uninterruptible Power Systems (UPS) or DC Load applications. 

Top Companies Market Share in Off Grid Energy Storage System Industry: (In no particular order of Rank)

• EnerSys
• Samsung SDI
• LG
• Sonnen
• Fronius
• Toshiba
• Mitsubishi Heavy Industries
• Sumitomo Electric Industries
• Enphase
• SAFT
• NEC Energy Solutions
• BYD
• Tianneng Battery
• CALB
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Off Grid Energy Storage System Market

Which Region Dominates the Off Grid Energy Storage System Market in 2024?

According to Cognitive Market Research, North America leads in the off-grid energy storage system market due to several key factors. Firstly, the region has a high adoption rate of renewable energy sources like solar and wind power, driving the need for reliable energy storage solutions. Robust technological advancements in battery storage systems, supported by substantial investments in research and development, also contribute to North America's dominance. Moreover, favorable government policies and incentives aimed at promoting clean energy solutions bolster market growth. The presence of established market players and a mature energy infrastructure further solidifies North America's position as a leader in off-grid energy storage solutions.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific is experiencing rapid growth in the off-grid energy storage system market primarily due to expanding energy access initiatives and increasing electricity demand across emerging economies. Countries like China, India, and Southeast Asian nations are witnessing substantial investments in renewable energy infrastructure, including off-grid solutions. Government support through policies promoting clean energy adoption, coupled with rising environmental concerns, drives market expansion.

 

The current report Scope analyzes Off Grid Energy Storage System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Off Grid Energy Storage System Market Analysis

According to Cognitive Market Research, the global Off Grid Energy Storage System market size was estimated at USD 42142.2 Million,out of which North America held the major market of more than 40% of the global revenue with a market size of USD 16856.88million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2%from 2024 to 2031

• According to Cognitive Market Research, the US had a major share in the Off Grid Energy Storage System market with a market size of USD 13300.08 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. The demand is amplified by the nation's investments in off-grid technologies.
• The Canada Off Grid Energy Storage System market had a market share of USD 2022.83 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Canada's investments in off-grid technologies to increased usage of Off Grid Energy Storage System.
• The Mexico Off Grid Energy Storage System market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 1533.98 million in 2024.

Europe Off Grid Energy Storage System Market Analysis

According to Cognitive Market Research, the global Off Grid Energy Storage System market size was estimated at USD 42142.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 12642.66million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5%from 2024 to 2031.

• The United Kingdom Off Grid Energy Storage System market had a market share of USD 2123.97 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. In the UK, Off Grid Energy Storage System sales witness an upswing due to the nation's increasing investments in renewable energy infrastructure.
• The France Off Grid Energy Storage System market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 1163.12 million in 2024.
• According to Cognitive Market Research, the Germany Off Grid Energy Storage System market size was valued at USD 2503.25 million in 2024 and is projected to grow at a CAGR of 6.7% during the forecast period. In Germany, Off Grid Energy Storage System sales surged due to the increasing investments in renewable energy infrastructure.
• The Italy Off Grid Energy Storage System market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 1087.27 million in 2024.
• The Russia Off Grid Energy Storage System market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 1959.61 million in 2024.
• The Spain Off Grid Energy Storage System market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 1036.70 million in 2024
• The LuxembourgOff Grid Energy Storage System market is projected to witness growth at a CAGR of 6.6%during the forecast period, with a market size of USD 391.92 million in 2024.
• The PortugalOff Grid Energy Storage System market is projected to witness growth at a CAGR of 6.3%during the forecast period, with a market size of USD 265.50 million in 2024.
• The GreeceOff Grid Energy Storage System market is projected to witness growth at a CAGR of 6.8%during the forecast period, with a market size of USD 151.71 million in 2024.
• Rest of Europe'sOff Grid Energy Storage System market is projected to witness growth at a CAGR of 5.2%during the forecast period, with a market size of USD 1959.61 million in 2024.

Asia Pacific Off Grid Energy Storage System Market Analysis

According to Cognitive Market Research, the global Off Grid Energy Storage System market size was estimated at USD 42142.2Million, out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD 9692.71million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0%from 2024 to 2031

• According to Cognitive Market Research, the China Off Grid Energy Storage System market size was valued at USD 4361.72 million in 2024 and is projected to grow at a CAGR of 9.5% during the forecast period. Off Grid Energy Storage System sales surge in China due to ncreasing investments in renewable energy and the need for reliable power solutions in remote area.
• The Japan Off Grid Energy Storage System market is projected to witness growth at a CAGR of 8.5% during the forecast period, with a market size of USD 1337.59 million in 2024.
• The India Off Grid Energy Storage System market had a market share of USD 1163.12 million in 2024 and is projected to grow at a CAGR of 11.8% during the forecast period. India's ncreasing investments in renewable energy and the need for reliable power solutions in remote area.
• The South Korea Off Grid Energy Storage System market is projected to witness growth at a CAGR of 9.1% during the forecast period, with a market size of USD 969.27 million in 2024.
• The Australia Off Grid Energy Storage System market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 504.02 million in 2024.
• The South East Asia Off Grid Energy Storage System market is projected to witness growth at a CAGR of 11.0%during the forecast period, with a market size of USD 668.80 million in 2024.
• The Rest of Asia Pacific Off Grid Energy Storage System market is projected to witness growth at a CAGR of 9.8%during the forecast period, with a market size of USD 688.18 million in 2024.

South America Off Grid Energy Storage System Market Analysis

According to Cognitive Market Research, the global Off Grid Energy Storage System market size was estimated at USD 42142.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 2107.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4%from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Off Grid Energy Storage System market size was valued at USD 901.84 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Off Grid Energy Storage System sales flourish in Brazil due to the increasing investments in renewable energy infrastructure.
• Argentina Off Grid Energy Storage System market had a market share of USD 353.99 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. Argentina's increasing investments in renewable energy infrastructure.
• Colombia Off Grid Energy Storage System market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 187.53 million in 2024.
• Peru Off Grid Energy Storage System market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 172.78 million in 2024.
• Chile Off Grid Energy Storage System market is projected to witness growth at a CAGR of 7.8% during the forecast period with a market size of USD 151.71 million in 2024.
• The Rest of Latin America Off Grid Energy Storage System market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 339.24 million in 2024.

Middle East Off Grid Energy Storage System Market Analysis

According to Cognitive Market Research, the global Off Grid Energy Storage System market size was estimated at USD 42142.2 Million, out of which the Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 842.84million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7%from 2024 to 2031

• The GCC Countries Off Grid Energy Storage System market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD 360.74 million in 2024. Off Grid Energy Storage System sales flourish due to the increasing investments in renewable energy projects.
• The Egypt Off Grid Energy Storage System market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 88.50 million in 2024.
• The South Africa Off Grid Energy Storage System market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 133.17 million in 2024. Off Grid Energy Storage System sales flourish in South Africa due to increasing investments in renewable energy projects.
• The Turkey Off Grid Energy Storage System market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 72.48 million in 2024.
• The Nigeria Off Grid Energy Storage System market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 88.50 million in 2024.
• The Rest of MEA Off Grid Energy Storage System market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 99.46 million in 2024.

Off Grid Energy Storage System Market Analysis

Off Grid Energy Storage System MarketTypeSegment Analysis

According to Cognitive Market Research, Lead-acid batteries currently dominate the off-grid energy storage system market due to their established reliability and cost-effectiveness. These batteries have been widely used in off-grid applications for decades, offering a robust solution for energy storage needs in various environments. Their low initial cost and widespread availability make them a preferred choice, especially in regions where cost remains a critical factor in energy storage deployment. Despite the emergence of newer technologies, the proven track record and affordability of lead-acid batteries continue to sustain their dominance in the off-grid energy storage market.

lithium-ion batteries are experiencing the fastest growth in the off-grid energy storage system market. This growth is primarily driven by their superior energy density, longer lifespan, and higher efficiency compared to traditional lead-acid batteries. Lithium-ion batteries offer faster charging capabilities and better cycle life, making them ideal for applications requiring frequent charge and discharge cycles, such as off-grid solar installations and remote energy storage solutions. Their decreasing costs and advancements in technology further contribute to their rapid adoption, as they enable enhanced performance and reliability in off-grid energy storage applications.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Off Grid Energy Storage System Industry. Request a Free Sample PDF!

Off Grid Energy Storage System Market Connection Type Segment Analysis

According to Cognitive Market Research, Off-grid energy storage systems currently dominate the market due to their versatility and ability to operate independently from the main power grid. These systems are essential in remote areas or locations where grid connectivity is unreliable or unavailable. Off-grid solutions provide autonomy and resilience against power outages, making them highly sought-after for applications such as rural electrification, remote telecommunications, and off-grid residential properties.

On-grid energy storage systems are experiencing the fastest growth in the off-grid energy storage system market. This growth is driven by increasing integration of renewable energy sources into the grid and the growing demand for grid stability and energy management solutions. On-grid systems enable efficient storage of excess renewable energy generated during peak production periods, which can be later utilized during high demand periods or grid emergencies.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Off Grid Energy Storage System Application Segment Analysis

According to Cognitive Market Research, Industrial UPS (Uninterruptible Power Supply) systems dominate the off-grid energy storage system market due to their critical role in ensuring uninterrupted power supply to industrial facilities. These systems are designed to provide seamless transition to backup power during grid failures or fluctuations, preventing costly production downtime and equipment damage. Industrial UPS systems offer robustness, high reliability, and scalability to meet varying industrial power demands, making them essential for industries such as manufacturing, data centers, and healthcare facilities.

Family backup power systems are experiencing the fastest growth in the off-grid energy storage system market. This growth is driven by increasing awareness and adoption of residential energy storage solutions for backup power purposes. Family backup power systems provide households with autonomy and reliability during grid outages, ensuring continuity of essential services such as lighting, refrigeration, and communication devices. The rise in extreme weather events and the need for reliable home energy solutions further propel the demand for family backup power systems.

• Family Backup Power
• Industrial UPS
• Unattended Equipment
• Others

Off Grid Energy Storage System End user Segment Analysis

• Residential
• Commercial
• Industrial
• Others

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.

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