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".

How will China's energy storage industry grow in 2022?

“Annual energy storage installations in China grew by 400% in 2022, and will more than double again in 2023 to reach 18 GW. This is supporting the growth of many local system integrators.” “In fact, we found eight Chinese system integrators each with total pipelines (installed plus contracted) of over 1GWh.

Is China battery storage market growing?

This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global. 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.

What is China's Bess integrator market share in 2022?

China led the Asia Pacific BESS integrator market, with an 86% market share in 2022. Shang concluded, “China’s integrator market is becoming increasingly competitive, squeezed heavily by both upstream and downstream supply chain participants.

Which country has the largest Bess integrator market in 2022?

China led the Asia Pacific BESS integrator market, with an 86% market share in 2022. Shang said: “China’s integrator market is becoming increasingly competitive, squeezed heavily by both upstream and downstream supply chain participants.

Which companies dominate the Bess integrator market in 2022?

The North American BESS integrator market is concentrated, with the top five players holding 81% of the region’s market share in 2022. Tesla led the region with 25% market share rankings by shipment. Following Fluence (at 22%), Chinese company Sungrow held its third position with a 13% market share in the North American market in 2022.