Saudi Arabia Energy Storage Systems (ESS) Market 2033

Saudi Arabia Energy Storage Systems (ESS) Market Size, Share, Trends and Forecast by Technology, Application, End User, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A34164

Saudi Arabia Energy Storage Systems (ESS) Market Overview:

The Saudi Arabia energy storage systems (ESS) market size reached USD 4.21 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 18.75 Billion by 2033, exhibiting a growth rate (CAGR) of 16.10% during 2025-2033. The market is growing due to rising renewable energy targets, off-grid smart city projects, and large-scale storage deployments. Government initiatives and advanced technologies are driving investment in both grid-connected and remote applications, boosting Saudi Arabia energy storage systems (ESS) market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 4.21 Billion
Market Forecast in 2033	USD 18.75 Billion
Market Growth Rate 2025-2033	16.10%

Saudi Arabia Energy Storage Systems (ESS) Market Trends:

Grid-Scale Storage for Enhanced Stability

Saudi Arabia is experiencing strong momentum in utility-scale battery energy storage system (BESS) deployments, aiming to ensure grid resilience while integrating growing volumes of renewable energy. As the country transitions towards its Vision 2030 goal of sourcing 50% of its energy from renewables, high-capacity storage is becoming essential. Grid-scale BESS not only balances peak power demand but also stabilizes voltage and frequency, enhances dispatch capabilities, and reduces dependence on fossil-based peaker plants. These systems play a critical role in minimizing energy wastage from solar and wind sources during low-demand hours, redistributing it when demand rises. In January 2025, Saudi Arabia commissioned its largest battery storage project in Bisha, a 500 MW/2,000 MWh facility developed by Saudi Electricity Company. The system included 122 prefabricated units designed by BYD and was executed by the State Grid Corporation of China and Alfanar Projects. This marked the world’s largest single-phase operational BESS project. Such initiatives represent a major leap in the country’s commitment to clean energy. As Saudi Arabia continues to scale up renewable generation, grid-scale storage installations like Bisha’s will serve as models for integrating intermittent power at scale, supporting future tenders and long-term energy security across the region.

Saudi Arabia Energy Storage Systems (ESS) Market Size

Off-Grid Microgrids for Remote Sustainability

Alongside large, centralized storage, Saudi Arabia is advancing the use of off-grid solar-plus-storage microgrids for powering new developments in remote or infrastructure-limited areas. This trend is driven by the need to build independent, renewable-powered cities and industrial zones that do not rely on national grid connections. With advanced grid-forming capabilities and high environmental tolerance, these microgrids offer continuous, clean electricity for large-scale infrastructure while operating in harsh climatic conditions. Their ability to provide voltage and frequency stability independently makes them vital for Saudi Arabia’s off-grid and smart city ambitions, contributing significantly to Saudi Arabia energy storage systems (ESS) market growth. In September 2024, Huawei commissioned a 400 MW/1.3 GWh solar-storage microgrid in Red Sea New City, featuring intelligent string inverters, battery optimization, and advanced grid-forming storage. The system has delivered over 1 TWh of clean energy and operates completely off-grid, supporting urban development without fossil inputs. This model reflects Saudi Arabia’s push to decentralize energy systems in support of its Vision 2030 blueprint. As more off-grid projects emerge, energy storage systems that combine smart management, safety features, and long-term reliability are expected to play a critical role in shaping sustainable city infrastructure and expanding renewable energy access across isolated or newly developed regions.

Saudi Arabia Energy Storage Systems (ESS) Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional level for 2025-2033. Our report has categorized the market based on technology, application, and end user.

Technology Insights:

Pumped Hydro
Electrochemical Storage
Electromechanical Storage
Thermal Storage

The report has provided a detailed breakup and analysis of the market based on the technology. This includes pumped hydro, electrochemical storage, electromechanical storage, and thermal storage.

Application Insights:

Stationary
Transportation

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes stationary and transportation.

End User Insights:

Residential
Non-Residential
Utilities

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes residential, non-residential, and utilities.

Regional Insights:

Northern and Central Region
Western Region
Eastern Region
Southern Region

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Saudi Arabia Energy Storage Systems (ESS) Market News:

February 2025: BYD signed a contract with Saudi Electricity Company to supply 12.5 GWh of battery storage across five sites. Using MC Cube-T systems with CTS technology, the deployment supported Saudi Arabia’s Vision 2030, enhancing grid stability and accelerating renewable energy integration nationwide.
January 2025: Saudi Power Procurement Company announced 33 prequalified bidders for its 2 GW/8 GWh BESS tender under a build-own-operate model. With global firms participating, the initiative advanced Saudi Arabia’s energy storage capacity and supported its long-term net-zero and renewable energy integration targets.

Saudi Arabia Energy Storage Systems (ESS) Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Technology Application End User Region
Technologies Covered	Pumped Hydro, Electrochemical Storage, Electromechanical Storage, Thermal Storage
Applications Covered	Stationary, Transportation
End Users Covered	Residential, Non-Residential, Utilities
Regions Covered	Northern and Central Region, Western Region, Eastern Region, Southern Region
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Saudi Arabia energy storage systems (ESS) market performed so far and how will it perform in the coming years?
What is the breakup of the Saudi Arabia energy storage systems (ESS) market on the basis of technology?
What is the breakup of the Saudi Arabia energy storage systems (ESS) market on the basis of application?
What is the breakup of the Saudi Arabia energy storage systems (ESS) market on the basis of end user?
What is the breakup of the Saudi Arabia energy storage systems (ESS) market on the basis of region?
What are the various stages in the value chain of the Saudi Arabia energy storage systems (ESS) market?
What are the key driving factors and challenges in the Saudi Arabia energy storage systems (ESS) market?
What is the structure of the Saudi Arabia energy storage systems (ESS) market and who are the key players?
What is the degree of competition in the Saudi Arabia energy storage systems (ESS) market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia energy storage systems (ESS) market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia energy storage systems (ESS) market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia energy storage systems (ESS) industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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