• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Gravity Energy Storage Market

    ID: MRFR/E&P/20762-HCR
    100 Pages
    Snehal Singh
    October 2025

    Gravity Energy Storage Market Research Report By Technology (Advanced Flywheels, Grid-Scale Gravity Energy Storage), By Energy Capacity (Below 500 kWh, 500 kWh to 1 MWh, Above 1 MWh), By Application (Frequency Regulation, Load Balancing, Backup Power), By End User (Utility Companies, Industrial Facilities, Commercial Buildings) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Gravity Energy Storage Market Infographic

    Gravity Energy Storage Market Summary

    As per MRFR analysis, the Gravity Energy Storage Market Size was estimated at 0.4605 USD Billion in 2024. The Gravity Energy Storage industry is projected to grow from 0.6299 in 2025 to 14.43 by 2035, exhibiting a compound annual growth rate (CAGR) of 36.77 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Gravity Energy Storage Market is poised for substantial growth driven by technological advancements and increasing demand for renewable energy.

    • Technological advancements are enhancing the efficiency and reliability of gravity energy storage systems.
    • North America remains the largest market, while Asia-Pacific is emerging as the fastest-growing region for gravity energy storage solutions.
    • The advanced flywheels segment dominates the market, whereas grid-scale gravity energy storage is witnessing rapid growth.
    • Key market drivers include regulatory support for energy storage solutions and the increasing demand for renewable energy integration.

    Market Size & Forecast

    2024 Market Size 0.4605 (USD Billion)
    2035 Market Size 14.43 (USD Billion)
    CAGR (2025 - 2035) 36.77%

    Major Players

    Energy Vault (US), Gravitricity (GB), Sustainable Energy Solutions (US), GEO (US), Highview Power (GB), Gravity Power (US), Energid (NO), Pumped Storage Hydro (US)

    Gravity Energy Storage Market Trends

    The Gravity Energy Storage Market is currently experiencing a notable evolution, driven by the increasing demand for sustainable energy solutions. This market appears to be gaining traction as industries and governments seek alternatives to traditional energy storage methods. The integration of gravity-based systems into energy infrastructure suggests a shift towards more environmentally friendly technologies. As renewable energy sources become more prevalent, the need for efficient storage solutions intensifies, positioning gravity energy storage as a viable option. Furthermore, advancements in technology may enhance the efficiency and scalability of these systems, potentially leading to broader adoption across various sectors. In addition, the Gravity Energy Storage Market seems to be influenced by regulatory frameworks that promote clean energy initiatives. Policymakers are likely recognizing the importance of energy storage in achieving sustainability goals. This regulatory support could foster innovation and investment in gravity energy storage technologies. As the market continues to develop, it may attract interest from both private and public sectors, indicating a promising future for gravity-based energy solutions. Overall, the Gravity Energy Storage Market is poised for growth, driven by technological advancements and supportive policies that align with global energy transition efforts.

    Technological Advancements

    Recent innovations in gravity energy storage systems indicate a trend towards enhanced efficiency and performance. These advancements may lead to improved designs and materials, potentially increasing the viability of gravity-based solutions in various applications.

    Regulatory Support

    The Gravity Energy Storage Market appears to be benefiting from favorable regulatory frameworks that encourage the adoption of renewable energy technologies. This support may stimulate investment and development in gravity energy storage systems, aligning with global sustainability goals.

    Increased Demand for Renewable Energy

    As the global focus shifts towards renewable energy sources, the Gravity Energy Storage Market is likely to experience heightened interest. The need for reliable energy storage solutions to complement intermittent renewable sources could drive growth in this sector.

    The ongoing transition towards renewable energy sources is likely to catalyze advancements in gravity energy storage technologies, which may play a pivotal role in enhancing grid stability and energy reliability.

    U.S. Department of Energy

    Gravity Energy Storage Market Drivers

    Growing Interest from Private Sector Investors

    The Gravity Energy Storage Market is witnessing a growing interest from private sector investors, which is likely to accelerate market growth. As the demand for sustainable energy solutions increases, investors are recognizing the potential of gravity energy storage as a viable investment opportunity. The influx of capital is facilitating research and development initiatives, which in turn is driving innovation within the industry. By 2025, it is projected that investment in gravity energy storage projects will increase significantly, reflecting a broader trend towards sustainable infrastructure development. This financial backing is essential for scaling operations and enhancing the overall competitiveness of the market.

    Regulatory Support for Energy Storage Solutions

    The Gravity Energy Storage Market benefits from increasing regulatory support aimed at promoting sustainable energy solutions. Governments are implementing policies that incentivize the adoption of energy storage technologies, including gravity-based systems. For example, various countries have established financial incentives and grants to encourage research and development in this sector. As of 2025, regulatory frameworks are expected to evolve, potentially leading to a more favorable environment for gravity energy storage projects. This support not only enhances market confidence but also encourages private sector investment, which is crucial for the growth of the industry.

    Increased Demand for Renewable Energy Integration

    The Gravity Energy Storage Market is poised for growth due to the rising demand for renewable energy integration. As more countries commit to reducing carbon emissions, the need for effective energy storage solutions becomes paramount. Gravity energy storage systems offer a viable option for balancing supply and demand, particularly in regions with high renewable energy penetration. By 2025, it is anticipated that the market for gravity energy storage will expand significantly, driven by the necessity to store excess energy generated from renewable sources. This trend indicates a shift towards more sustainable energy practices, further solidifying the role of gravity energy storage in the energy landscape.

    Technological Advancements in Gravity Energy Storage

    The Gravity Energy Storage Market is experiencing a surge in technological advancements that enhance efficiency and reduce costs. Innovations in materials and engineering techniques are enabling the development of more effective gravity-based systems. For instance, the integration of advanced sensors and automation technologies is improving the operational reliability of these systems. As of 2025, the market is projected to grow at a compound annual growth rate of approximately 15%, driven by these technological improvements. Furthermore, the emergence of hybrid systems that combine gravity storage with other energy storage technologies is likely to expand the market's potential applications, making it more attractive to investors and stakeholders.

    Cost-Effectiveness of Gravity Energy Storage Solutions

    The Gravity Energy Storage Market is increasingly recognized for its cost-effectiveness compared to traditional energy storage methods. As the technology matures, the capital and operational costs associated with gravity energy storage systems are declining. This trend is particularly relevant as energy prices fluctuate, making gravity storage an attractive option for utilities and businesses seeking to optimize their energy expenditures. By 2025, the levelized cost of energy storage from gravity systems is expected to become competitive with other storage technologies, thereby enhancing market adoption. This cost advantage could lead to a broader acceptance of gravity energy storage solutions across various sectors.

    Market Segment Insights

    By Technology: Advanced Flywheels (Largest) vs. Grid-Scale Gravity Energy Storage (Fastest-Growing)

    The Gravity Energy Storage Market is predominantly led by Advanced Flywheels, which capture the largest share of market demand, attributed to their efficiency and rapid response capabilities. These flywheel systems are becoming increasingly popular for frequency regulation and energy balancing within grids. On the other hand, Grid-Scale Gravity Energy Storage systems are emerging significantly, with a growing market presence due to their ability to store large amounts of energy in a sustainable manner that complements renewable energy sources.

    Technology: Advanced Flywheels (Dominant) vs. Grid-Scale Gravity Energy Storage (Emerging)

    Advanced Flywheels dominate the Gravity Energy Storage Market with their quick charge-discharge cycles and low maintenance costs, making them ideal for various applications, including grid stabilization and power quality improvement. These systems utilize kinetic energy stored in rotational mass, providing high efficiency and long lifecycle. In contrast, Grid-Scale Gravity Energy Storage is an emerging technology that leverages gravitational potential energy, offering sustainable energy storage solutions. This technology, increasingly favored for large-scale applications, aligns with the shift towards renewable energy, raising interest among utility companies looking for innovative storage methods.

    By Energy Capacity: Below 500 kWh (Largest) vs. Above 1 MWh (Fastest-Growing)

    The Gravity Energy Storage Market exhibits diverse segmentation by energy capacity, with the majority of installations falling under the 'Below 500 kWh' category. This segment represents the largest share due to its broad applicability and price accessibility for smaller-scale energy users, such as residential and small commercial applications. In contrast, the 'Above 1 MWh' segment is emerging quickly, appealing to large-scale energy projects and industrial applications that require significant storage capabilities.

    Energy Capacity: Below 500 kWh (Dominant) vs. Above 1 MWh (Emerging)

    The 'Below 500 kWh' segment remains dominant in the Gravity Energy Storage Market, as it caters primarily to consumers and businesses seeking cost-effective energy solutions without the need for extensive storage capacity. This segment benefits from rapid adoption across various sectors, including residential, commercial, and small-scale industrial applications. On the other hand, the 'Above 1 MWh' segment is gaining traction as it offers advanced solutions for high-demand users, particularly in renewable energy integration and large-scale grid applications. The increasing focus on sustainability and energy resilience drives demand for large-capacity solutions to support renewable energy projects, making this segment the fastest-growing in the market.

    By Application: Load Balancing (Largest) vs. Backup Power (Fastest-Growing)

    In the Gravity Energy Storage Market, the application segment is predominantly characterized by three main values: frequency regulation, load balancing, and backup power. Among these, load balancing has emerged as the largest segment due to its essential role in maintaining the stability of electrical grids. Backup power is also gaining traction, recognized for its growing demand, particularly during power outages. Overall, these applications together define the market landscape, catering to diverse energy needs.

    Load Balancing (Dominant) vs. Backup Power (Emerging)

    Load balancing is a key application in the Gravity Energy Storage Market, acting as a stabilizing force for electrical grids by managing the supply and demand of energy. Its dominance is attributed to the increasing reliance on renewable energy sources, which require efficient energy storage solutions to balance intermittent supply. On the other hand, backup power is emerging as a vital segment, prompted by rising concerns over power reliability and accessibility. This application is especially critical in areas with unreliable power infrastructure, making gravity energy storage a promising solution as a reliable backup alternative. Both segments play crucial roles in enhancing energy efficiency and resilience in the modern energy landscape.

    By End User: Utility Companies (Largest) vs. Industrial Facilities (Fastest-Growing)

    In the Gravity Energy Storage Market, utility companies hold the largest share, primarily due to their extensive infrastructure and increasing responsibility to integrate renewable energy sources. As they look to enhance grid stability and reliability, utility companies are investing heavily in gravity-based solutions. Industrial facilities are emerging as the fastest-growing segment, driven by their need for energy efficiency and sustainability initiatives while managing operational costs effectively.

    Utility Companies (Dominant) vs. Industrial Facilities (Emerging)

    Utility companies dominate the Gravity Energy Storage Market thanks to their robust infrastructure and strategic investments in renewable energy sources. These companies leverage gravity energy storage systems to provide reliable energy supply, balancing the fluctuating demand and supply dynamics. On the other hand, industrial facilities are rapidly becoming an emerging segment, seeking to implement gravity storage solutions to sustain their energy consumption patterns while achieving sustainability targets. The increasing focus on reducing carbon footprints and energy costs propels this segment's growth, driving innovations in storage technology and fostering partnerships with energy storage providers.

    Get more detailed insights about Gravity Energy Storage Market

    Regional Insights

    North America : Innovation and Investment Hub

    North America is the largest market for gravity energy storage, holding approximately 45% of the global share. The region's growth is driven by increasing investments in renewable energy, supportive government policies, and a growing demand for energy storage solutions. Regulatory frameworks, such as the Federal Energy Regulatory Commission's initiatives, are catalyzing market expansion, making it a favorable environment for innovation and development. The United States is the leading country in this sector, with key players like Energy Vault and Sustainable Energy Solutions spearheading advancements. The competitive landscape is characterized by a mix of established firms and emerging startups, all vying for market share. Canada is also making strides in this field, contributing to the region's overall growth and innovation in energy storage technologies.

    Europe : Sustainable Energy Transition Leader

    Europe is the second-largest market for gravity energy storage, accounting for around 30% of the global share. The region's growth is propelled by stringent environmental regulations, ambitious renewable energy targets, and a strong commitment to sustainability. The European Union's Green Deal and various national policies are fostering a conducive environment for energy storage technologies, driving demand and investment in this sector. Leading countries in Europe include Germany and the United Kingdom, where companies like Gravitricity and Highview Power are making significant contributions. The competitive landscape is robust, with numerous players focusing on innovative solutions to meet the region's energy storage needs. The presence of established firms alongside startups enhances the market's dynamism and potential for growth.

    Asia-Pacific : Emerging Market Potential

    Asia-Pacific is witnessing rapid growth in the gravity energy storage market, holding approximately 20% of the global share. The region's demand is driven by increasing energy consumption, urbanization, and a shift towards renewable energy sources. Countries like China and India are investing heavily in energy storage solutions to support their growing energy needs and meet sustainability goals, creating a favorable regulatory environment for market expansion. China is the leading country in this region, with significant investments in energy storage technologies. The competitive landscape is evolving, with both domestic and international players entering the market. Companies are focusing on innovative solutions to enhance energy efficiency and reliability, positioning themselves to capitalize on the region's burgeoning demand for energy storage solutions.

    Middle East and Africa : Resource-Rich Energy Frontier

    The Middle East and Africa region is emerging as a potential market for gravity energy storage, currently holding about 5% of the global share. The growth is driven by the need for energy diversification, increasing renewable energy projects, and government initiatives aimed at enhancing energy security. Countries like South Africa and the UAE are leading efforts to integrate energy storage solutions into their energy systems, supported by favorable regulatory frameworks. South Africa is at the forefront of this market, with initiatives aimed at improving energy access and reliability. The competitive landscape is still developing, with a mix of local and international players exploring opportunities in this sector. The presence of key players and ongoing investments in renewable energy projects are expected to drive future growth in the region.

    Key Players and Competitive Insights

    The Gravity Energy Storage Market is currently characterized by a dynamic competitive landscape, driven by the increasing demand for sustainable energy solutions and the need for grid stability. Key players such as Energy Vault (US), Gravitricity (GB), and Highview Power (GB) are at the forefront, each adopting distinct strategies to enhance their market positioning. Energy Vault (US) focuses on innovative gravity-based storage systems that utilize recycled materials, which not only reduces costs but also aligns with sustainability goals. Gravitricity (GB) emphasizes partnerships with local governments to develop large-scale projects, thereby enhancing its operational footprint. Highview Power (GB) is advancing its liquid air energy storage technology, which positions it as a leader in long-duration energy storage solutions. Collectively, these strategies indicate a trend towards innovation and collaboration, shaping a competitive environment that prioritizes technological advancement and sustainability.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and enhance supply chain efficiency. The Gravity Energy Storage Market appears moderately fragmented, with several players vying for market share. However, the influence of key players is substantial, as their strategic initiatives often set industry standards and drive technological advancements. This competitive structure suggests that while there is room for new entrants, established companies are likely to maintain a significant advantage through their established networks and resources.

    In August 2025, Energy Vault (US) announced a strategic partnership with a major utility provider to deploy its gravity energy storage systems across multiple sites. This collaboration is expected to enhance grid resilience and provide a reliable energy source during peak demand periods. The strategic importance of this partnership lies in its potential to scale Energy Vault's technology rapidly, thereby solidifying its market presence and demonstrating the viability of gravity storage solutions in real-world applications.

    In September 2025, Gravitricity (GB) successfully completed a pilot project in Scotland, showcasing its innovative energy storage technology. This project not only validates Gravitricity's approach but also positions the company as a pioneer in the sector. The successful execution of this pilot is likely to attract further investment and interest from stakeholders, enhancing its credibility and market reach.

    In October 2025, Highview Power (GB) secured funding for the expansion of its liquid air energy storage facilities in the UK. This funding is crucial for scaling operations and advancing its technology, which is increasingly recognized for its potential to provide long-duration energy storage solutions. The strategic importance of this funding lies in its ability to accelerate Highview Power's growth trajectory and reinforce its competitive edge in a rapidly evolving market.

    As of October 2025, the Gravity Energy Storage Market is witnessing trends that emphasize digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming increasingly vital, as companies recognize the need to collaborate to enhance their technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technological advancements, and the reliability of supply chains. This shift underscores the importance of adaptability and forward-thinking strategies in navigating the complexities of the energy storage landscape.

    Key Companies in the Gravity Energy Storage Market market include

    Industry Developments

    The Gravity Energy Storage Market is projected to reach USD 4.1 billion by 2032, exhibiting a CAGR of 36.77% from 2024 to 2032. This growth is attributed to the increasing need for reliable and cost-effective energy storage solutions coupled with supportive government policies and incentives. Key market players are focusing on developing advanced technologies and expanding their geographical presence to cater to the growing demand. Recent news developments include:- In 2023, Gravitricity announced a partnership with Tata Power to deploy a 4MWh gravity energy storage system in India.

    This project marks a significant milestone in the commercialization of gravity energy storage technology.- In 2024, Energy Vault secured USD 100 million in funding to accelerate the deployment of its gravity energy storage systems globally. The company plans to install 100GWh of storage capacity by 2025. These developments highlight the growing interest and investment in gravity energy storage as a promising solution for grid-scale energy storage applications.

    In September 2023, Energy Vault and GESSOL signed a licensing and royalty agreement while expanding into Southern Africa. This expansion consists of deploying the EVx gravity energy storage system which would help solve renewable energy and decarbonization targets.

    By September 2023, Energy Vault had connected five more EVX deployments, which resulted in a total of 3.3 GWh, which saw the commissioning of the first Evx system in Rudong. These initiatives are at the heart of the pursuance to facilitate the establishment of a commercial grid-scale gravity energy storage.

    As part of its ambitions to establish a renewable energy grid balancing capability, gravictricity, along with Panitek Power, launched a pilot gravity energy storage system in India in November 2022, partnering with the UK’s Ayrton fund. This project aims to locate sites for the renewable energy battery grid balancing.

    Moreover, over the life cycle of this project, multiple sites for renewable energy battery grid balancing in India will also be identified. Energy Vault entered into a partnership with a construction firm from Switzerland to develop modular gravity-based storage systems for smaller-scale renewable energy project-reliant systems.

    In Scotland, Gravitricity delivered its maiden commercial project successfully in May 2023, which has proven there is potential to achieve scale of operations and make operational gravity-based energy storage units efficient.

    Energy Vault now signed a contract with Enel Green Power on July 2023 to deploy its pilot system with the target of stabilising the renewable grid in Italy using its EVX system.

    In February 2024, Gravitricity entered into an agreement with InfraCo Africa to jointly develop a gravity-based energy storage project in South Africa. This project seeks to enhance energy access as well as clean energy transitions in neglected regions.

    In March 2024, Gravity Power partnered with ABB to work on scalable and cost-effective gravity energy storage systems. Their joint efforts aim at industrial sectors in need of reliable and clean power supply systems​.

    .webp

    Future Outlook

    Gravity Energy Storage Market Future Outlook

    The Gravity Energy Storage Market is projected to grow at a 36.77% CAGR from 2024 to 2035, driven by increasing demand for renewable energy integration and grid stability.

    New opportunities lie in:

    • Development of modular gravity storage systems for urban applications.
    • Partnerships with renewable energy providers for integrated solutions.
    • Investment in advanced materials to enhance storage efficiency.

    By 2035, the market is expected to be a cornerstone of sustainable energy solutions.

    Market Segmentation

    Gravity Energy Storage Market End User Outlook

    • Utility Companies
    • Industrial Facilities
    • Commercial Buildings

    Gravity Energy Storage Market Technology Outlook

    • Advanced Flywheels
    • Grid-Scale Gravity Energy Storage

    Gravity Energy Storage Market Application Outlook

    • Frequency Regulation
    • Load Balancing
    • Backup Power

    Gravity Energy Storage Market Energy Capacity Outlook

    • Below 500 kWh
    • 500 kWh to 1 MWh
    • Above 1 MWh

    Report Scope

    MARKET SIZE 20240.4605(USD Billion)
    MARKET SIZE 20250.6299(USD Billion)
    MARKET SIZE 203514.43(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)36.77% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of advanced materials enhances efficiency in the Gravity Energy Storage Market.
    Key Market DynamicsRising demand for renewable energy drives innovation and investment in gravity energy storage technologies and infrastructure.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Leave a Comment

    FAQs

    What is the projected market valuation of the Gravity Energy Storage Market by 2035?

    The projected market valuation for the Gravity Energy Storage Market by 2035 is 14.43 USD Billion.

    What was the market valuation of the Gravity Energy Storage Market in 2024?

    The overall market valuation of the Gravity Energy Storage Market in 2024 was 0.4605 USD Billion.

    What is the expected CAGR for the Gravity Energy Storage Market during the forecast period 2025 - 2035?

    The expected CAGR for the Gravity Energy Storage Market during the forecast period 2025 - 2035 is 36.77%.

    Which companies are considered key players in the Gravity Energy Storage Market?

    Key players in the Gravity Energy Storage Market include Energy Vault, Gravitricity, Sustainable Energy Solutions, GEO, Highview Power, Gravity Power, Energid, and Pumped Storage Hydro.

    What are the main technology segments in the Gravity Energy Storage Market?

    The main technology segments in the Gravity Energy Storage Market include Advanced Flywheels and Grid-Scale Gravity Energy Storage.

    How does the energy capacity segment break down in terms of market valuation?

    The energy capacity segment includes Below 500 kWh at 0.1155 USD Billion, 500 kWh to 1 MWh at 0.1848 USD Billion, and Above 1 MWh at 0.1602 USD Billion.

    What applications are driving growth in the Gravity Energy Storage Market?

    Applications driving growth include Frequency Regulation at 0.1152 USD Billion, Load Balancing at 0.1386 USD Billion, and Backup Power at 0.2067 USD Billion.

    Who are the primary end users of Gravity Energy Storage solutions?

    Primary end users of Gravity Energy Storage solutions include Utility Companies, Industrial Facilities, and Commercial Buildings.

    What is the market valuation for the Load Balancing application segment?

    The market valuation for the Load Balancing application segment is 0.1386 USD Billion.

    How does the market for Gravity Energy Storage compare to traditional energy storage solutions?

    The Gravity Energy Storage Market appears to be rapidly expanding, with a projected valuation of 14.43 USD Billion by 2035, indicating a strong shift towards innovative energy storage solutions.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions