Lithium-ion batteries have been the technology of choice for stationary energy storage projects in recent years, and lithium-ion battery technology has become the number one choice for many stationary energy storage system (ESS) developers due to their low cost, energy density, efficiency and safety advantages. At the same time, lithium-ion batteries are driving energy storage markets for electric vehicles and consumer electronics, and rapid growth in these markets enables suppliers to grow economies of scale by making significant investments in new, cost-effective production facilities. "Lithium-Ion Manufacturers Worldwide Increasingly fierce market competition, companies compete for market share, and in manufacturing and research and development invested heavily.
According to the latest market report released by the U.S. market research firm Navigant Research, the world's top ten suppliers of lithium-ion batteries were announced, of which South Korea's LG Chem, Samsung SDI and China BYD BYD ranked the top three in the world.
The fourth to the tenth are Japan's Matsushita, the United States Kekam, Toshiba Japan, France Saft, Leclanché, Canada Electrovaya and Ningde era (CATL).
Navigant Research says the most successful companies to date for fixed-battery energy storage are large-scale, mature businesses that offer lithium-ion batteries for electric vehicles and consumer electronics, although several market barriers may limit growth in the short term However, Navigant Research predicts that by 2026, the global lithium-ion battery industry will reach 23.1 billion U.S. dollars, which has great potential.
Market growth will be mainly driven by regulatory changes and incentives in North America, Europe and Asia, with prices falling enough to compete with retail electricity prices. With the development of lithium-ion manufacturing, the market will provide low-cost, high-performance systems.
Ian McClenny, research analyst at Navigant Research, said: "The global leadership in lithium-ion battery markets has been clearly demonstrated through its excellent product development and strong relationships with project developers, utility companies, financiers / investors and system component suppliers Stand out from other competitors and we believe these market leaders will be the first to launch a new generation of Li-Ion batteries in the next few years. "
