Where will China's new energy storage go this year? Institutions: the overall supply exceeds demand, more than half of the energy storage system enterprises will be eliminated
Release time:
2024-01-31
In 2023, "internal volume and surplus" has become the industry consensus of new energy storage dominated by lithium-ion battery energy storage in China. 2024, as a domestic new energy industry has not yet fully spread the banner, the new energy storage industry will go from here?
Recently, the domestic professional research institution High Industry Research Institute (GGII) released the top ten trends of China's new energy storage market in 2024. The High Industry Research Institute mainly believes that the global energy storage market has entered a reshuffle period from a period of rapid development, and will continue in the next 1-2 years. Slow growth, overcapacity, profit compression, market division, technology iteration, capital cold, safety accidents and other multiple changes will accelerate the differentiation of enterprises.
In particular, the Institute of High-tech Industry pointed out that in 2024, the overall supply of China's new energy storage market will be oversupply, and system integration will be more cruel than the competition in the battery core sector. More than 50% of energy storage system enterprises (including large storage system, industrial and commercial storage system, household storage system and other enterprises) will be eliminated, and the top 10 energy storage system integrators will share more than 80% of the market.
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