In 2021, Tesla accounted for a 5.3 percent share of the global energy storage integration system market, which combines the components of the energy storage technologies into a final system. NGK Insulator and Fluence accounted for the second- and third-largest market shares. Get notified via email when this statistic is updated.
In a highly anticipated release, Black Hawk PV has disclosed the top ten rankings of Chinese energy storage manufacturers for 2023. Leading the pack is CATL with an impressive 38.50% market share and a robust shipment volume of 50 GWh.
The top five largest energy storage cell manufacturers in the first half are CATL, EVE Energy, REPT, Hithium, and BYD. CATL secured the top position with orders from major customers like Tesla and Fluence. EVE Energy received orders from all big customers, sustaining second place in the industry.
In the utility-scale sector, the top five companies are CATL, EVE Energy, Hithium, REPT, and BYD. The top two predominated, with CATL shipping more than 40 GWh and EVE Energy shipping nearly 15 GWh. The rest of the three shipped less than 10 GWh, with slight difference between each other.
In the small-scale storage sector, the top five are EVE Energy, REPT, Ampace, BYD, and Gotion. The competition is also intensifying, with industry concentration declining further. In the first half, the CR5 decreased by 6.9% from the first quarter to 70.3%.
As we approach the end of 2023, the energy storage industry is undergoing a transformative journey, marked by significant shifts in market dynamics, fluctuations in raw material prices, and ambitious global expansion strategies.