| Product Code: ETC5110155 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The battery energy storage import market in El Salvador continues to witness significant growth, with key exporting countries such as China, Sweden, India, USA, and Germany dominating the market. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, which has further intensified in 2024. The impressive Compound Annual Growth Rate (CAGR) of 17.65% from 2020 to 2024 highlights the sector`s strong performance. Moreover, the remarkable growth rate of 68.08% from 2023 to 2024 underscores the increasing demand for battery energy storage solutions in El Salvador.
The Battery Energy Storage market in El Salvador is projected to grow at a stable growth rate of 2.26% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 El Salvador Battery Energy Storage Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Battery Energy Storage Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Battery Energy Storage Market - Industry Life Cycle |
3.4 El Salvador Battery Energy Storage Market - Porter's Five Forces |
3.5 El Salvador Battery Energy Storage Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 El Salvador Battery Energy Storage Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.7 El Salvador Battery Energy Storage Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 El Salvador Battery Energy Storage Market Revenues & Volume Share, By Ownership, 2021 & 2031F |
3.9 El Salvador Battery Energy Storage Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 El Salvador Battery Energy Storage Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in El Salvador |
4.2.2 Government support and incentives for energy storage projects |
4.2.3 Growing need for reliable and uninterrupted power supply in the region |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with battery energy storage systems |
4.3.2 Lack of awareness and understanding about the benefits of energy storage solutions |
4.3.3 Regulatory challenges and uncertainty in the energy sector |
5 El Salvador Battery Energy Storage Market Trends |
6 El Salvador Battery Energy Storage Market Segmentations |
6.1 El Salvador Battery Energy Storage Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Battery Energy Storage Market Revenues & Volume, By Lithium-ion Battery, 2021-2031F |
6.1.3 El Salvador Battery Energy Storage Market Revenues & Volume, By Lead Acid Battery, 2021-2031F |
6.1.4 El Salvador Battery Energy Storage Market Revenues & Volume, By Flow Battery, 2021-2031F |
6.1.5 El Salvador Battery Energy Storage Market Revenues & Volume, By Others, 2021-2031F |
6.2 El Salvador Battery Energy Storage Market, By Connectivity |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Battery Energy Storage Market Revenues & Volume, By Off-Grid, 2021-2031F |
6.2.3 El Salvador Battery Energy Storage Market Revenues & Volume, By On-Grid, 2021-2031F |
6.3 El Salvador Battery Energy Storage Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Battery Energy Storage Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 El Salvador Battery Energy Storage Market Revenues & Volume, By Non-Residential, 2021-2031F |
6.3.4 El Salvador Battery Energy Storage Market Revenues & Volume, By Utility, 2021-2031F |
6.3.5 El Salvador Battery Energy Storage Market Revenues & Volume, By Others, 2021-2031F |
6.4 El Salvador Battery Energy Storage Market, By Ownership |
6.4.1 Overview and Analysis |
6.4.2 El Salvador Battery Energy Storage Market Revenues & Volume, By Customer Owned, 2021-2031F |
6.4.3 El Salvador Battery Energy Storage Market Revenues & Volume, By Third-Party Owned, 2021-2031F |
6.4.4 El Salvador Battery Energy Storage Market Revenues & Volume, By Utility Owned, 2021-2031F |
6.5 El Salvador Battery Energy Storage Market, By Capacity |
6.5.1 Overview and Analysis |
6.5.2 El Salvador Battery Energy Storage Market Revenues & Volume, By Small Scale (Less than 1 MW), 2021-2031F |
6.5.3 El Salvador Battery Energy Storage Market Revenues & Volume, By Large Scale (Greater than 1 MW), 2021-2031F |
7 El Salvador Battery Energy Storage Market Import-Export Trade Statistics |
7.1 El Salvador Battery Energy Storage Market Export to Major Countries |
7.2 El Salvador Battery Energy Storage Market Imports from Major Countries |
8 El Salvador Battery Energy Storage Market Key Performance Indicators |
8.1 Percentage increase in renewable energy capacity in El Salvador |
8.2 Number of energy storage projects receiving government funding or incentives |
8.3 Frequency and duration of power outages in the region |
9 El Salvador Battery Energy Storage Market - Opportunity Assessment |
9.1 El Salvador Battery Energy Storage Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 El Salvador Battery Energy Storage Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.3 El Salvador Battery Energy Storage Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 El Salvador Battery Energy Storage Market Opportunity Assessment, By Ownership, 2021 & 2031F |
9.5 El Salvador Battery Energy Storage Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 El Salvador Battery Energy Storage Market - Competitive Landscape |
10.1 El Salvador Battery Energy Storage Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Battery Energy Storage Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |