Global Power Conversion System (PCS) Electrochemical Energy Storage System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Power Conversion System (PCS) is a device that is connected between the battery system and the power grid to achieve two-way conversion of electrical energy. It can control the charging and discharging process of the battery, perform AC and DC conversion. It covers battery storage inverter and transformer rectifiers, etc. Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery.
According to our (Global Info Research) latest study, the global Power Conversion System (PCS) Electrochemical Energy Storage System market size was valued at US$ 2280 million in 2023 and is forecast to a readjusted size of USD 11540 million by 2030 with a CAGR of 26.4% during review period.
The major players in global Power Conversion System (PCS) Electrochemical Energy Storage System market include Samsung SDI, LG Chem, Fluence, etc. The top 3 players occupy about 50% shares of the global market. Asia-Pacific is the main market, and occupies about 70% of the global market. Lithium Battery is the main type, with a share about 95%. Power Station is the main application, which holds a share over 95%.
This report is a detailed and comprehensive analysis for global Power Conversion System (PCS) Electrochemical Energy Storage System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Power Conversion System (PCS) Electrochemical Energy Storage System market size and forecasts, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030
Global Power Conversion System (PCS) Electrochemical Energy Storage System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030
Global Power Conversion System (PCS) Electrochemical Energy Storage System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MW), and average selling prices (US$/KW), 2019-2030
Global Power Conversion System (PCS) Electrochemical Energy Storage System market shares of main players, shipments in revenue ($ Million), sales quantity (MW), and ASP (US$/KW), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Power Conversion System (PCS) Electrochemical Energy Storage System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Power Conversion System (PCS) Electrochemical Energy Storage System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung SDI, LG Chem, Fluence, Showa Denko Material Co., Ltd, BYD, Tesla, Kokam, LSIS, SMA Solar Technology, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Power Conversion System (PCS) Electrochemical Energy Storage System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lithium Battery
Lead Acid Battery
Others
Market segment by Application
Power Station
Others
Major players covered
Samsung SDI
LG Chem
Fluence
Showa Denko Material Co., Ltd
BYD
Tesla
Kokam
LSIS
SMA Solar Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Power Conversion System (PCS) Electrochemical Energy Storage System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Power Conversion System (PCS) Electrochemical Energy Storage System, with price, sales quantity, revenue, and global market share of Power Conversion System (PCS) Electrochemical Energy Storage System from 2019 to 2024.
Chapter 3, the Power Conversion System (PCS) Electrochemical Energy Storage System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Power Conversion System (PCS) Electrochemical Energy Storage System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Power Conversion System (PCS) Electrochemical Energy Storage System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Power Conversion System (PCS) Electrochemical Energy Storage System.
Chapter 14 and 15, to describe Power Conversion System (PCS) Electrochemical Energy Storage System sales channel, distributors, customers, research findings and conclusion.