Morocco Grid-scale Battery Storage Market Size & Outlook
Related Markets
Morocco grid-scale battery storage market highlights
- The Morocco grid-scale battery storage market generated a revenue of USD 11.9 million in 2024 and is expected to reach USD 46.8 million by 2030.
- The Morocco market is expected to grow at a CAGR of 26.1% from 2025 to 2030.
- In terms of segment, lithium-based was the largest revenue generating type in 2024.
- Lithium-Based is the most lucrative type segment registering the fastest growth during the forecast period.
Grid-scale battery storage market data book summary
| Market revenue in 2024 | USD 11.9 million |
| Market revenue in 2030 | USD 46.8 million |
| Growth rate | 26.1% (CAGR from 2025 to 2030) |
| Largest segment | Lithium-based |
| Fastest growing segment | Lithium-Based |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lead-Acid, Lithium-Based |
| Key market players worldwide | BYD Co Ltd ADR, Sumitomo Corp, Samsung Electronics Co Ltd, NGK Insulators Ltd, GE Aerospace, GS Yuasa Corp, LG Chem, Mitsubishi Electric Corp, Panasonic Holdings Corp, ABB Ltd, Hitachi Ltd, Fluence Energy Inc |
Other key industry trends
- In terms of revenue, Morocco accounted for 0.1% of the global grid-scale battery storage market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE grid-scale battery storage market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 951.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Grid-scale Battery Storage Market Scope
Grid-scale Battery Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fluence Energy Inc | View profile | 1112 | 4601 Fairfax Drive, Suite 600, Arlington, VA, United States, 22203 | https://www.fluenceenergy.com |
| GS Yuasa Corp | View profile | 17031 | 1, Inobanba-cho, Nishinosho, Kisshoin, Minami-ku, Kyoto, Japan, 601-8520 | http://www.gs-yuasa.com |
| NGK Insulators Ltd | View profile | 22714 | 2-56 Suda-cho, Mizuho, Nagoya, Japan, 467-8530 | http://www.ngk.co.jp |
| BYD Co Ltd ADR | View profile | 703504 | No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, China, People's Republic of, 518118 | https://www.byd.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Morocco grid-scale battery storage market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to grid-scale battery storage market will help companies and investors design strategic landscapes.
Lithium-based was the largest segment with a revenue share of 101.68% in 2024. Horizon Databook has segmented the Morocco grid-scale battery storage market based on lead-acid, lithium-based covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Morocco grid-scale battery storage market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Morocco grid-scale battery storage market databook
-
Our clientele includes a mix of grid-scale battery storage market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Morocco grid-scale battery storage market , including forecasts for subscribers. This country databook contains high-level insights into Morocco grid-scale battery storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Morocco grid-scale battery storage market size, by type, 2018-2030 (US$M)
Morocco Grid-scale Battery Storage Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
