Indonesia Battery Energy Storage Market (2025-2031) | Outlook, Analysis, Size, Companies, Forecast, Value, Revenue, Trends, Industry, Share & Growth

Market Forecast By Type (Lithium-ion Battery, Lead Acid Battery, Flow Battery, Others), By Connectivity (Off-Grid, On-Grid), By Application (Residential, Non-Residential, Utility, Others), By Ownership (Customer Owned, Third-Party Owned, Utility Owned), By Capacity (Small Scale (Less than 1 MW), Large Scale (Greater than 1 MW)) And Competitive Landscape

Product Code: ETC258448 Publication Date: Aug 2023 Updated Date: May 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Indonesia Battery Energy Storage Market Size Growth Rate


The Indonesia Battery Energy Storage Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 12.22% in 2025, climbs to a high of 15.17% in 2028, and moderates to 14.30% by 2029.

Indonesia Battery Energy Storage Market Growth Rate

Battery Energy Storage Market: Indonesia vs Top 5 Major Economies in 2027 (Asia)


Indonesia's Battery Energy Storage market is anticipated to experience a high growth rate of 14.74% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Battery Energy Storage Market: Indonesia vs Top 5 Major Economies in 2027 (Asia)

Indonesia Battery Energy Storage Market Size Growth Rate

As per 6Wresearch, Indonesia Battery Energy Storage Market Size is projected to reach at a CAGR 8.5% during the 2025 to 2031. This growth is driven by increasing demand for reliable power supply across industrial, commercial, residential, and others.

Indonesia Battery Energy Storage Market Highlights

Report Name Indonesia Battery Energy Storage Market
Forecast period 2025-2031
CAGR 8.5%
Growing Sector Renewable energy and Industrial applications

Topics Covered in the Indonesia Battery Energy Storage Market Report

The Indonesia Battery Energy Storage Market report thoroughly covers the market by Type, By Connectivity, By Application. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.

Indonesia Battery Energy Storage Market Synopsis

Indonesia Battery Energy Storage Market growth can be attributed to various government policies such as incentive schemes, tax exclusions, renewable energy payments etc. , which have raised the investment in the segment of renewable energy sources such as  plants equipped with lithium batteries for generating electricity from renewable resources without any carbon emissions, solar photovoltaic (PV), hydropower with enhanced  battery capacity are being innovative  to optimize energy output and lessen wastage. Battery energy storage systems (BESS) play a crucial role in handling irregular renewable energy sources like solar and wind power.

The Indonesia Battery Energy Storage Market is anticipated to grow at a CAGR of 8.5% during the forecast period 2025-2031. 2025-2031. The growth of this market is influenced by growing investments in the sector of renewable energy projects and government leads that promote the solutions of sustainable energy. Furthermore, enhancements in battery equipment, like lithium-ion and solid-state batteries, are propelled to improve efficiency and costing-little, making energy storage systems more feasible across the country. The anticipated growth is going to align with Indonesia's commitment to turn down carbon emissions and transition to a greener energy future.

Additionally, battery energy storage systems (BESS) play a significant role in handling intermittent renewable energy sources. The government's initiatives to promote neat energy and lessen reliance on fossil fuels are some of the key drivers propelling the acquisition of battery energy storage solutions. On the other hand, the battery energy storage market in Indonesia is facing challenges on an ascending the country's centre of attention on renewable energy incorporation and grid stability. Moreover, the scarcity of clean regulatory structure and restricted public awareness creates a hurdle in the market`s potential.

Indonesia Battery Energy Storage Market Trends

A prominent trend in the Indonesia battery energy storage industry is the upgrading preference of renewable energy resources like lithium-ion batteries. The major available abundant sources are wind, solar, and hydro energy. Indonesia is going to experience a rush in renewable energy programs across the globe in the upcoming year. Battery energy storage systems are becoming an essential part in consolidating the irregular energy sources into the country's power system, ensuring the smooth and efficient energy distribution. Rising power costs and the increasing energy requirements in Indonesia are taking customers and companies to seek other solutions. Battery energy storage provides cost-efficient choices for load balancing, and balancing energy freeness.

Investment Opportunities in the Indonesia Battery Energy Storage Market

Indonesia battery energy storage market presents several key investment opportunities as the country exaggerates its efforts to achieve a sustainable energy transition. The demand for reliable energy storage solution is projected to expand as ambitious targets are made for renewable energy adoption. Apart from this, some of the key investment areas include renewable energy amalgamation projects, the development of advanced lithium-ion battery systems, and localized battery manufacturing to reduce dependency on imports. In addition, government policies such as subsidies, tax incentives, and favorable regulations provide an encouraging environment for both domestic and international investors. Moreover, partnerships between public entities and private firms and can also unravel considerable prospects in grid modernization making the market a promising avenue for promising growth.

Leading Players in the Indonesia Battery Energy Storage Market

The Indonesia Battery Energy Storage Market is extremely competitive and includes leading players who rule over the industry through quality products and broader distribution channels. Among prominent names are CATL (Contemporary Amperex Technology Co., Limited), LG Energy Solution, Panasonic Corporation, and BYD (Build Your Dreams). These companies have established themselves as recognised brands by consistently contributing uniquely to the Indonesia Battery Energy Storage Market Growth and innovation. The company has been increasingly active in South-Asia, having the expertise to support the battery energy storage market in Indonesia. Most of the companies have established themselves by delivering the high-quality battery and options in renewable energy resources in the market. With its upgraded research and analysis in battery innovations, the energy Solution focuses on solutions that serve both energy systems and electric vehicles.

Government Regulations in the Indonesia Battery Energy Storage Market

The key regulations established for standard regulation and strategy to stimulate the upgradation of the battery energy storage market in Indonesia, while encouraging sustainability in the market. In addition, the government imposes taxes and duties on raw materials and finished products, which impact production costs and pricing strategies. Government regulations play a crucial role in moulding the Indonesia Battery Energy Storage Market.

One of the major regulations is the Presidential Regulation No. 55 of 2019, which caters as a guiding light for the speedy development of electric vehicles (EV), that inculcates the foundation of supporting frameworks like energy storage systems and battery production. This regulation emphasises the government’s dedication to reduce greenhouse gas emissions. Another key regulation is that the Ministry of Energy and Mineral Resources (MEMR) has issued directions to main certification of new energy technology products, making faster acceptance of battery systems. Furthermore, another example of this can be collaborative projects like the agreement between state-owned enterprises.

Future Insights of the Indonesia Battery Energy Storage Market 

Indonesia Battery Energy Storage Market is expected to witness massive growth with the help of government’s programs, growing energy needs, and a major global shift in the direction of renewable energy resources. Additionally, the commitment of battery energy storage market in Indonesia is eager to experience the commendable growth influenced by the target of significant growth, driven by a combination of government initiatives, and commitment of achieving the net-zero emission of light or energy by 2031. Additionally, the high rising power rate in remote and rural areas enhances the requirement of scalable storage solutions. The evolving sector not only supports Indonesia’s energy transformation but also creates more jobs and innovation in the energy scenario.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories

Lithium-ion battery to Dominate the Market – By Type

According to Saurabh, Senior Research Analyst at 6Wresearch, Lithium-ion batteries are aiming to have the highest growth across the globe, which includes in markets of Indonesia. Lithium-ion batteries are preferred for their high energy density, turning down the cost- efficiency.

On-grid to Dominate the Market – By Connectivity

The on-grid segment is projected to have high growth by the rise of renewable energy sources like solar and wind. The system requires grid-connected storage solutions to balance energy supply.

Residential to Dominate the Market – By Application

The residential sector is projected to experience notable growth in the renewable energy market. This rise can be attributed to several factors, including the growing interest in energy independence, the increasing adoption of rooftop solar panels.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Indonesia Battery Energy Storage Market Outlook
  • Market Size of Indonesia Battery Energy Storage Market, 2024
  • Forecast of Indonesia Battery Energy Storage Market, 2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Revenues & Volume for the Period 2021-2031
  • Indonesia Battery Energy Storage Market Trend Evolution
  • Indonesia Battery Energy Storage Market Drivers and Challenges
  • Indonesia Battery Energy Storage Price Trends
  • Indonesia Battery Energy Storage Porter's Five Forces
  • Indonesia Battery Energy Storage Industry Life Cycle
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Type for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Lithium-ion Battery for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Lead Acid Battery for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Flow Battery for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Others for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Connectivity for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Off-Grid for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by On-Grid for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Application for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Residential for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Non-Residential for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Utility for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Others for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Ownership for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Customer Owned for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Third-Party Owned for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Utility Owned for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Capacity for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Small Scale (Less than 1 MW) for the Period 2021-2031
  • Historical Data and Forecast of Indonesia Battery Energy Storage Market Revenues & Volume by Large Scale (Greater than 1 MW) for the Period 2021-2031
  • Indonesia Battery Energy Storage Import Export Trade Statistics
  • Market Opportunity Assessment by Type
  • Market Opportunity Assessment by Connectivity
  • Market Opportunity Assessment by Application
  • Market Opportunity Assessment by Ownership
  • Market Opportunity Assessment by Capacity
  • Indonesia Battery Energy Storage Top Companies Market Share
  • Indonesia Battery Energy Storage Competitive Benchmarking by Technical and Operational Parameters
  • Indonesia Battery Energy Storage Company Profiles
  • Indonesia Battery Energy Storage Key Strategic Recommendations

Market Segmentation

The market report covers a detailed analysis of the following market segments

By Type

  • Lithium-ion Battery
  • Lead Acid Battery
  • Flow Battery

By Connectivity

  • Off-Grid
  • On-Grid

By Application

  • Residential
  • Non-Residential
  • Utility

Indonesia Battery Energy Storage Market (2025-2031): FAQs

Indonesia battery energy storage market is in its preliminary stages of development but shows immense potential for growth, driven by the country's commitment to renewable energy targets and electrification efforts.
Key challenges include high initial costs for storage systems, the lack of financial incentives or subsidies, limited local manufacturing capabilities, and an underdeveloped regulatory framework.
The primary sectors driving demand include renewable energy projects, particularly solar and wind farms, industrial and commercial applications, and off-grid electrification initiatives aimed at bringing power to remote and island areas.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Indonesia Battery Energy Storage Market Overview
3.1 Indonesia Country Macro Economic Indicators
3.2 Indonesia Battery Energy Storage Market Revenues & Volume, 2021 & 2031F
3.3 Indonesia Battery Energy Storage Market - Industry Life Cycle
3.4 Indonesia Battery Energy Storage Market - Porter's Five Forces
3.5 Indonesia Battery Energy Storage Market Revenues & Volume Share, By Type, 2021 & 2031F
3.6 Indonesia Battery Energy Storage Market Revenues & Volume Share, By Connectivity, 2021 & 2031F
3.7 Indonesia Battery Energy Storage Market Revenues & Volume Share, By Application, 2021 & 2031F
3.8 Indonesia Battery Energy Storage Market Revenues & Volume Share, By Ownership, 2021 & 2031F
3.9 Indonesia Battery Energy Storage Market Revenues & Volume Share, By Capacity, 2021 & 2031F
4 Indonesia Battery Energy Storage Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Indonesia Battery Energy Storage Market Trends
6 Indonesia Battery Energy Storage Market, By Types
6.1 Indonesia Battery Energy Storage Market, By Type
6.1.1 Overview and Analysis
6.1.2 Indonesia Battery Energy Storage Market Revenues & Volume, By Type, 2021-2031F
6.1.3 Indonesia Battery Energy Storage Market Revenues & Volume, By Lithium-ion Battery, 2021-2031F
6.1.4 Indonesia Battery Energy Storage Market Revenues & Volume, By Lead Acid Battery, 2021-2031F
6.1.5 Indonesia Battery Energy Storage Market Revenues & Volume, By Flow Battery, 2021-2031F
6.1.6 Indonesia Battery Energy Storage Market Revenues & Volume, By Others, 2021-2031F
6.2 Indonesia Battery Energy Storage Market, By Connectivity
6.2.1 Overview and Analysis
6.2.2 Indonesia Battery Energy Storage Market Revenues & Volume, By Off-Grid, 2021-2031F
6.2.3 Indonesia Battery Energy Storage Market Revenues & Volume, By On-Grid, 2021-2031F
6.3 Indonesia Battery Energy Storage Market, By Application
6.3.1 Overview and Analysis
6.3.2 Indonesia Battery Energy Storage Market Revenues & Volume, By Residential, 2021-2031F
6.3.3 Indonesia Battery Energy Storage Market Revenues & Volume, By Non-Residential, 2021-2031F
6.3.4 Indonesia Battery Energy Storage Market Revenues & Volume, By Utility, 2021-2031F
6.3.5 Indonesia Battery Energy Storage Market Revenues & Volume, By Others, 2021-2031F
6.4 Indonesia Battery Energy Storage Market, By Ownership
6.4.1 Overview and Analysis
6.4.2 Indonesia Battery Energy Storage Market Revenues & Volume, By Customer Owned, 2021-2031F
6.4.3 Indonesia Battery Energy Storage Market Revenues & Volume, By Third-Party Owned, 2021-2031F
6.4.4 Indonesia Battery Energy Storage Market Revenues & Volume, By Utility Owned, 2021-2031F
6.5 Indonesia Battery Energy Storage Market, By Capacity
6.5.1 Overview and Analysis
6.5.2 Indonesia Battery Energy Storage Market Revenues & Volume, By Small Scale (Less than 1 MW), 2021-2031F
6.5.3 Indonesia Battery Energy Storage Market Revenues & Volume, By Large Scale (Greater than 1 MW), 2021-2031F
7 Indonesia Battery Energy Storage Market Import-Export Trade Statistics
7.1 Indonesia Battery Energy Storage Market Export to Major Countries
7.2 Indonesia Battery Energy Storage Market Imports from Major Countries
8 Indonesia Battery Energy Storage Market Key Performance Indicators
9 Indonesia Battery Energy Storage Market - Opportunity Assessment
9.1 Indonesia Battery Energy Storage Market Opportunity Assessment, By Type, 2021 & 2031F
9.2 Indonesia Battery Energy Storage Market Opportunity Assessment, By Connectivity, 2021 & 2031F
9.3 Indonesia Battery Energy Storage Market Opportunity Assessment, By Application, 2021 & 2031F
9.4 Indonesia Battery Energy Storage Market Opportunity Assessment, By Ownership, 2021 & 2031F
9.5 Indonesia Battery Energy Storage Market Opportunity Assessment, By Capacity, 2021 & 2031F
10 Indonesia Battery Energy Storage Market - Competitive Landscape
10.1 Indonesia Battery Energy Storage Market Revenue Share, By Companies, 2024
10.2 Indonesia Battery Energy Storage Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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