Mobile Energy Storage Systems Market to Reach the Value of US$ 13 Bn by 2031: TMR Study

  • Rising applications in the residential sector are boosting the demand in the global Mobile Energy Storage Systems market
  • Increasing demand for electric vehicle charging stations is increasing the growth rate of the market

WILMINGTON, Del., November 24, 2022 /PRNewswire/ — The Global Mobile energy storage systems market is estimated to advance at a CGAR of 10.6% over 2022 to 2031. In 2021, the market was US$ 4.8 billion. Increasing demand for mobile and transportable energy solutions from construction sites based on remote locations, as well as outdoor events is helping in the expansion of the Mobile Energy Storage Systems market size. Some of the key mobile energy storage applications include industrial, commercial and residential.


Modern and next-generation mobile energy storage systems offer a resilient, reliable and affordable method of providing energy to remote locations where constant connections are not available. They offer countless advantages over various stationery energy storage systems. In addition, rising demand for stable energy connections in cases of severe weather conditions, such as tornadoes, hurricanes, heavy rain or snow falls, and floods, also drives the demand for cost-effective and reliable mobile energy storage solutions.

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Mobile Energy Storage Systems Market – Key Findings of the Report

  • Growth investments in renewable energy generation sector: The rising demand for mobile energy storage vehicles can be attributed to the increasing investments by public as well as private actors in the field of renewable energy production. For example, according to Bloomberg NEF, the total amount of investments made by players worldwide in the renewable energy sector is a very large $226 billion in just the first six months of 2022. This rising number of investments is expected to have a positive impact on market growth.
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Mobile Energy Storage Systems Market – Growth Drivers

  • Surplus in demand for power across the world is boosting the growth of the mobile energy storage market
  • The increasing number of investments to expand the renewable energy sector presents valuable incremental opportunities in the market
  • Reduction in the cost of storage batteries is driving the market growth.

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Mobile Energy Storage Systems Market – Key Players

Some of the leading mobile energy storage system companies are Greener Power Solutions, Renewable Energy Systems Ltd., Socomec, Delta Electronics, Aggreko, Power Edison, Quanta Technology, Nomad Transportable Power System, Hamedata Technology, NEC Corporation, and Jauch Quartz America, Inc. The presence of a relatively small number of leading players and companies makes the competitive landscape of the market somewhat consolidated in nature.

Leading players in the industry are focusing on the adoption of research and development projects in a bid to develop the next generation of advanced, portable and efficient energy storage systems and equipment. Furthermore, a significant number of industry players and stakeholders are focused on adopting other strategies, such as mergers and acquisitions, and new product launches to attract more customers and improve their regional footprint.

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Mobile Energy Storage Systems Market: Regional Growth Assessment

Regional, North America has for the largest share of the global market in 2021. The North America The mobile ESS market accounted for a very large share of 28.6% in 2021. Studies predict that this number is expected to increase and account for 29% of the total share of the industry by 2031. Asia Pacific The region accounted for a share of 28.4% in 2021. However, it is projected that the region will surpass to become the leading regional market for mobile ESS, with a total share of 30.5% by 2031. Compared to these two regions, Mediterranean East in the Africaas well as latin america The regions are expected to register weak growth in the global market over the next decade. In 2021, these two regions together accounted for a total of 18% of the global market share.

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Mobile Energy Storage Systems Market: Segmentation

Mobile Energy Storage Systems Market, by capacity

  • Under 3,000 KWh
  • 3,000-10,000 kWh
  • Over 10,000 KWh

Mobile Energy Storage Systems Market, by classification

  • Towable systems
  • Float-in
  • Others

Mobile Energy Storage Systems Market, by battery type

  • Lithium ion
  • lead acid
  • Nickel-Cadmium
  • Others

Mobile Energy Storage Systems Market, of the system

Mobile Energy Storage Systems Market, by application

  • Commercial
  • Industrial
  • Residential
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Mobile Energy Storage Systems Market, by region

  • North America
  • latin america
  • Europe
  • Asia Pacific
  • Mediterranean East & Africa

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, united states, offers customized research and consulting services. The company examines factors that shape the dynamics of demand in different markets. The insights and perspectives on the markets evaluate opportunities in different segments. The opportunities in the segments based on source, application, demographics, sales channel, and end use are analyzed, which will determine the growth in the markets over the next decade.

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