Global Lithium-Ion Storage System EPC Market Growth (Status and Outlook) 2024-2030
Lithium-ion storage system EPC (Engineering, Procurement, and Construction) refers to an integrated service model of engineering, procurement and construction. In the application of lithium-ion energy storage systems, EPC usually involves the following three main stages:
1. Engineering: This stage mainly includes the overall design of the lithium-ion energy storage system, the formulation of technical solutions, system configuration optimization, and related engineering design work. Factors that need to be considered in the engineering stage include the scale of the energy storage system, application scenarios, safety, efficiency, cost, and compatibility with the power grid.
2. Procurement: In this stage, the EPC contractor will purchase equipment and materials according to the specific needs of the engineering design. For lithium-ion energy storage systems, the procurement content mainly includes key components such as lithium-ion battery cells, battery management systems (BMS), energy management systems (EMS), converters (PCS), battery racks, cables, and other related auxiliary equipment and materials.
3. Construction: The construction stage refers to the process of actually building the designed lithium-ion energy storage system, including civil engineering, equipment installation, electrical connection, system debugging, trial operation, etc. This stage requires ensuring that all components are correctly installed according to the design requirements and ensuring the safe and reliable operation of the entire energy storage system.
The characteristic of the EPC of the lithium-ion energy storage system is that the contractor is responsible for the entire process from design to construction of the project. The owner only needs to connect with the EPC contractor, which simplifies the project management process and improves the efficiency of project implementation. The EPC model is widely used in various infrastructure construction projects around the world, including new energy power generation, energy storage systems, etc.
The global Lithium-Ion Storage System EPC market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Lithium-Ion Storage System EPC Industry Forecast” looks at past sales and reviews total world Lithium-Ion Storage System EPC sales in 2022, providing a comprehensive analysis by region and market sector of projected Lithium-Ion Storage System EPC sales for 2023 through 2029. With Lithium-Ion Storage System EPC sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lithium-Ion Storage System EPC industry.
This Insight Report provides a comprehensive analysis of the global Lithium-Ion Storage System EPC landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Lithium-Ion Storage System EPC portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lithium-Ion Storage System EPC market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lithium-Ion Storage System EPC and breaks down the forecast by Project Size Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lithium-Ion Storage System EPC.
United States market for Lithium-Ion Storage System EPC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Lithium-Ion Storage System EPC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Lithium-Ion Storage System EPC is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Lithium-Ion Storage System EPC players cover China Energy Engineering Group, Contemporary Amperex Technology (CATL), Shandong Electrical Engineering & Equipment Group (SDEE), Xi'an JD Energy, SunGrid, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Lithium-Ion Storage System EPC market by product type, application, key players and key regions and countries.
Segmentation by Project Size Type:
Small Energy Storage System EPC
Medium Energy Storage System EPC
Large Energy Storage System EPC
Segmentation by Application:
Electric Network Side
Power Side
Utility Side
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Project Size Type:
Small Energy Storage System EPC
Medium Energy Storage System EPC
Large Energy Storage System EPC
Segmentation by Application:
Electric Network Side
Power Side
Utility Side
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
China Energy Engineering Group
Contemporary Amperex Technology (CATL)
Shandong Electrical Engineering & Equipment Group (SDEE)
Xi'an JD Energy
SunGrid
Mortenson
China Southern Power Grid Technology
XJ Electric Corporation
Quanta Services
NextEra Energy Resources, LLC
McCarthy
Black & Veatch
DEPCOM Power
Primoris Services Corporation
Please note: The report will take approximately 2 business days to prepare and deliver.