2024 Global Top 10 Energy Storage Companies: Who Are the Key Players in the Market?

On February 14, InfoLink Consulting released its global energy storage supply chain database. The database points out that the global energy storage cell shipment scale reach 314.7 GWh in 2024, a year-on-year increase of 60%.

The top 5 companies are CATL, EVE , HITHIUM , BYD, and CALB.

Among them, CATL topped the global energy storage cell shipment list with a "breakfront" advantage, further consolidating its position as a global leader in the new energy field. At the same time, the company has won the championship for the eighth consecutive year in the power battery installation list released by SNE at the same time, becoming the only company in the world to achieve comprehensive leadership in both power and energy storage. According to data analysis, new entrants have found it difficult to find room for survival, and the industry has officially entered the "stronger and stronger" stage.

In terms of overseas markets, according to InfoLink statistics, the overseas market energy storage cell shipments in 2024 is 137.3 GWh. The top 5 companies in the overseas market are CATL, BYD, EVE , Envision Power and REPT. Although the global energy storage market has achieved growth beyond expectations in 2024, InfoLink remains optimistic about the industry's prospects and predicts that shipments will reach 392GWh in 2025, a year-on-year increase of 25%. This growth momentum mainly comes from policy incentives in major markets such as China, the United States and Europe, as well as the rigid demand for renewable energy supporting energy storage in emerging markets.