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2021-08-27 18:24

2021 Global energy storage battery market development trend

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Global energy storage battery market development trend in 2021


In recent years, with the development of new energy vehicles and the photovoltaic industry, batteries are used in digital products and the field of power batteries and energy storage. Although the global market share of energy storage batteries still accounts for a relatively small proportion, the growth rate of global energy storage batteries in 2020 is significantly faster than that of power batteries. The development momentum of energy storage batteries is good.
 
South Korea ranks first in the global energy storage battery market regarding shipments, and China ranks second. 2019-2020, the global energy storage battery CR3 decreases from 72.7% to 31.0%, and the degree of market competition gradually increases. As the cost of lithium batteries continues to decline and gradually approaches the economic inflection point for energy storage system applications, the energy storage battery market will usher in a rapid development phase, and competition in the global energy storage battery market is expected to intensify. With the acceleration of the business layout process of Chinese energy storage battery manufacturers, China's market share in the global energy storage battery market is expected to continue to expand.
 
 
 
Core data: global energy storage battery shipments, energy storage battery market share
 

1, China in the global energy storage battery market shipments second

 
In recent years, with the development of new energy vehicles and the photovoltaic industry, the battery is used in digital products and the field of power batteries and energy storage. Although the global market share of energy storage batteries still accounts for a relatively small proportion, the growth rate of energy storage batteries in 2020 is significantly faster than that of power batteries. The development of energy storage batteries is good.
 
According to the data released by SNE Research, a Korean market research institute, global power battery and energy storage battery shipments reached a total of 213GWh, of which 192.9GWh were shipped for power batteries, accounting for 90.6%, up 30% year-on-year; 20GWh were shipped for energy storage batteries, accounting for 9.4%, up 81.8% year-on-year.
  
South Korea is the first in the global energy storage battery market; China ranks second. 2020, South Korea's energy storage battery shipments reached 11GWh, accounting for 55% of the global proportion; China and Japan's energy storage battery shipments were 3.5GWh and 2.1GWh, accounting for 17.5% 10.5% of the global proportion, respectively.
  

2, Ningde Time energy storage battery shipments rose to the third in the world

 
From manufacturers' perspective, the top three global energy storage battery companies are SDI, LGC and Ningde Time, with shipments of 13.8GWh from the three companies.
  
In 2019-2020, the global energy storage battery CR3 decreased from 72.7% to 31.0%, and market competition gradually increased. The largest change in global energy storage battery market share is Ningde Times, which increases from 5.5% to 14.0% in 2019. Ningde Times' shipment volume rose from the fifth to the third in the world.
  

3, China's energy storage battery market share is expected to continue to expand

 
As the cost of lithium batteries continues to decline and gradually approaches the economic inflection point for energy storage system applications, the energy storage battery market will usher in a rapid development phase, and competition in the global energy storage battery market is expected to intensify. With the acceleration of the business layout process of Chinese energy storage battery manufacturers, China's market share in the global energy storage battery is expected to continue to expand.


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