Ranking of leading energy storage system integrators

Leading energy storage system integrators worldwide 2021, by market share. Published by Statista Research Department, Jun 28, 2024. In 2021, Tesla accounted for a 5.3 percent share of the.
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About Ranking of leading energy storage system integrators

About Ranking of leading energy storage system integrators

Leading energy storage system integrators worldwide 2021, by market share. Published by Statista Research Department, Jun 28, 2024. In 2021, Tesla accounted for a 5.3 percent share of the.

Leading energy storage system integrators worldwide 2021, by market share. Published by Statista Research Department, Jun 28, 2024. In 2021, Tesla accounted for a 5.3 percent share of the.

The five largest battery energy storage system (BESS) integrators have installed over a quarter of global projects. Mainland China battery storage market has experienced drastic growth since 2022 and is exclusively supplied by local players, leading to Chinese system integrators moving up on the global rankings.

Assessment of Strategy and Execution for 13 Utility-Scale Energy Storage Systems Integrators. The utility-scale energy storage (UES) market has grown increasingly competitive since 2018. With cumulative UES deployment revenue projected to exceed $188 billion by 2029, the market represents a significant opportunity.

The global Battery Energy Storage Systems (BESS) integrator market has grown increasingly competitive in 2022, with the top five global system integrators accounting for 62% of overall BESS shipments (MWh), according to latest analysis by Wood Mackenzie.

Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023, according to Wood Mackenzie’s ‘Global battery energy storage system integrator ranking 2024’ report. The market share of the global top five BESS integrators shrank to 47% in 2023 from 62% in 2022 .

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6 FAQs about [Ranking of leading energy storage system integrators]

Which energy storage integrator is the best?

Fluence has a track record of being the integrator of choice for ground-breaking energy storage projects. Last month, it was revealed that the US-headquartered integrator had been selected by Tilt Renewables to deliver the 100 MW / 200 MWh Latrobe Valley battery energy storage system (BESS) located south of Morwell in Victoria.

What is the relationship between system integrator market and energy storage industry?

Because of the strong correlation between the system integrator market and the wider energy storage industry, this research touches on broader energy storage topics, such as policy effects, market growth and supply chain.

Which battery system integrators are the most popular in China?

Huawei and BYD entered the top five battery system integrators globally last year, as the Chinese domestic market undergoes a "price war".

Which energy storage companies have installed the most energy?

Together, the top five have installed more than a quarter of the energy storage currently in operation globally. The top five in terms of installed projects (that is, projects completed as of July 2023) are, in descending order: Sungrow, Fluence, Tesla, Wärtsilä and Hyperstrong.

What are S&P Global's Top 5 system integrators?

The top five system integrators differs slightly to that put out by S&P Global recently as it only considers 2022 deployments, while S&P’s top five of, in order, Sungrow, Fluence, Tesla, Wärtsilä and Hyperstrong was based on cumulative installations to-date as of July 2023.

How are energy storage companies rated?

These companies are rated on 12 criteria: vision; go-to-market strategy; partners; production strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power. Which companies are the leading global vendors for energy storage systems?

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