Global Top 10 Energy Storage Battery Shipments in 2023
CATL leads global energy storage battery shipments with ~70GWh, followed by BYD and Samsung SDI; Chinese firms take six of top ten spots.
Overview of Global Energy Storage Battery Shipments
In 2023, global energy storage battery shipments reached approximately 185 GWh, a year-on-year increase of about 50%. Driven by policy support and demand surges in key markets such as China, Europe and North America, the market share of leading companies has further concentrated.
Top 10 Ranking and Data
Based on industry research estimates, the top 10 global energy storage battery shippers in 2023 are as follows:
- CATL: ~70 GWh, 38% market share, mainly supplying large-scale storage projects.
- BYD: ~30 GWh, benefiting from its own energy storage systems and residential product lines.
- Samsung SDI: ~20 GWh, focusing on grid storage in North America and Europe.
- LG Energy Solution: ~18 GWh, targeting residential and C&I storage.
- Rept Battero: ~12 GWh, rapidly rising with customers covering domestic and international integrators.
- Gotion High-tech: ~10 GWh, actively building overseas production bases.
- Great Power: ~8 GWh, known for telecom and residential storage.
- Pylontech: ~7 GWh, a leading brand in global residential storage.
- Panasonic: ~6 GWh, mainly collaborating with Tesla and other automakers on storage projects.
- Envision AESC: ~4 GWh, leveraging its energy storage system integration capability.
Market Structure Analysis
- Chinese Companies Dominate: Six of the top ten are Chinese, with combined shipments of about 130 GWh, accounting for over 70% of the global total.
- Japanese & Korean Firms Hold High-End: Samsung SDI, LG Energy Solution and Panasonic maintain technical advantages in European and American markets.
- High Concentration: CR3 is about 65%; CATL alone takes a huge share, but BYD and Rept are accelerating their catch-up.
Data are based on industry estimates and are for reference only.
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