What are the key trends in energy storage cell shipments?

CATL and Hithium ranked as the top two in global energy storage cell shipments. Key market themes include (1) full capacity and full sales; (2) tiered differentiation; (3) emerging players; and (4) capacity buildup. *InfoLink strives for information comprehensiveness, but manufacturers' official data shall prevail in case of any discrepancies.

What percentage of PCs shipments are to front-of-the-Meter (FTM) energy storage?

PCS shipments to front-of-the-meter (FTM) energy storage siting accounted for over 50% of total global shipments over the forecast period (2023–30), with the United States and China mainland accounting for the majority of these shipments.

Who makes the most energy storage cell shipments non-China?

The top three manufacturers in energy storage cell shipments non-China markets were CATL, BYD, and CALB. At present, most non-China cell shipments from Chinese-funded manufacturers are achieved through the commissioning of non-China energy storage projects by leading Chinese system integrators.

How did the energy storage industry perform in 2q25?

In 2Q25, shipments reached 136.78 GWh, surpassing 4Q24 and setting a new all-time high. In 1H25, industry concentration remained high, with CR10 reaching 91.2%, roughly the same as in the previous quarters. CATL and Hithium ranked as the top two in global energy storage cell shipments.

When will South Korean energy storage cells return to the top ten?

However, as U.S. energy storage cell capacity from companies such as LGES is gradually released in 2H25 and multiple large-scale projects enter the delivery phase, South Korean manufacturers are expected to return to the top ten by the end of 2025 or in 1H26. In 1H25, global utility-scale storage cell shipments reached 218.57 GWh, up 110.15% YoY.

Where do PCs shipments come from?

PCS shipments to front-of-the-meter (FTM) energy storage siting accounted for over 50% of total global shipments over the forecast period (2023-30), with the United States and China mainland accounting for the majority of these shipments. While some PCS suppliers are globally focused, many suppliers focus on a few key markets in FTM.