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Verify Markets' North American Battery Energy Storage Systems (BESS) Market research report includes market size, growth rates, end user split, competitive market share data and revenue forecasts from 2022-2029 for the United States and Canada.

The study is a comprehensive analysis including market share splits by battery chemistry (NMC, LFP, lead acid, flow batteries, and others), power range (below 17kW. 17kW-85kW, 85kW-175kW, 175kW-350kW, 350kW-1200kW, and above 1200kW), application (prime power, peak shaving, and standby power), end user group (utility, residential, commercial & industrial, data centers, material handling, and others), connection type (front-of-meter, behind-the-meter, and off-grid) and rental provider. Furthermore, profiles of key companies, growth drivers, restraints, challenges, and quotations from industry participants are also included in this analysis of the temporary power opportunity.

[Published August 2023] 

The demand for BESS has rapidly increased during the last two years, driven by grid stability issues, declining solar and battery systems costs, NEM 2.0 and fiscal subsidies.

This study aims to provide a detailed analysis of the North American Battery Energy Storage Systems Market along with competitive intelligence for the year 2022.

The market numbers included in this report represent revenues generated by companies operating in the North American Power Rental Market by country (United States and Canada) The base year for the study is 2022 and the forecast period is from 2022 until 2029.

This study captures the following information on North American Power Rental Market:

  • Market Size, Growth Rate, Revenue Forecasts (2022-2029)
  • Growth Drivers & Restraints
  • Market Data
  • Quotes by Key Industry Participants
  • Market Share Analysis
  • Market Trends

    Major Companies Featured:  Enphase Energy, LG Energy Solutions, Tesla, Inc., Fluence Energy, CATL, BYD Lithium Battery, Stem, Inc., Samsung, Panasonic, and Generac among others.

    Verify Markets provides access to all our Rental Equipment and Power Solutions reports through a subscription. View our research here.

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    Every report purchase comes with 1 hour of Analyst Inquiry Time for a phone call with our analysts. This can be used for strategic advice, consultation, or addressing issues in your business and linking them to a solution. Analyst Inquiry Time must be used within 45 days of report purchase.