North America saw Tesla, Sungrow, and Fluence maintaining their positions as market leaders in 2023. These three vendors captured 72% of the region’s BESS shipments, growing 20% year-on-year.
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Telsa has overtaken Sungrow as lead producer in the battery energy storage system (BESS) integrator market with a 15% market share in 2023, according to Wood Mackenzie''s ''Global battery energy storage system
Sungrow has lost its crown as the "lead producer" in the battery energy storage system (BESS) integrator market to Tesla, according to the Wood Mackenzie report ''Global battery energy storage system integrator ranking
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The North American BESS integrator market was found by Wood Mackenzie''s research to be highly concentrated, with the top five players holding 81% of the region''s market share in 2022. Tesla led the region with
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North America leading the way. The North American BESS integrator market is concentrated, with the top five players holding 81% of the region''s market share in 2022. Tesla led the region with 25% market share
Battery energy storage – a fast growing investment opportunity. Cumulative battery energy storage system (BESS) capital expenditure (CAPEX) for front-of-the-meter (FTM) and behind
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Globally, Tesla Energy, NEC Energy Solutions, and Fluence have historically been the leading system integrators. In the future, the system integrator landscape will further diversify, primarily driven by energy storage
the North American energy storage market the largest market in the world accounting for a third of global energy storage installations (in MW) between 2021 and 2030. Cost-competitiveness
Energy research firm Guidehouse Insights has named five companies as the leading players in the utility-scale energy storage systems integration market. Fluence, Tesla,
North America leading the way. The North American BESS integrator market is concentrated, with the top five players holding 81% of the region''s market share in 2022. Tesla led the region with 25% market share
A battery energy storage system integrator is a company that specialises in procuring (and/or manufacturing) subsystem components, integrating hardware and software and supplying completed battery energy storage systems.
The remaining top utility-scale energy storage integrators include divisions of Con Edison, Wärtsilä, NextEra Energy Resources, LG and General Electric.
Register here! Fluence, which is a joint venture of AES’ energy storage business and Siemens started several years ago, is considered No. 1 in the sector, while Tesla, RES, Powin Energy, and Nidec round out the top five in that order.
According to the report, market concentration has increased significantly in the North American BESS integrator market in the past year, mainly driven by Tesla, whose market share surged by 60% YoY. “Tesla has the energy storage industry’s most vertically integrated supply chain, from manufacturing hardware to providing energy storage solutions.
Additionally, according to Wood Mackenzie, in the European market, dominant integrators include Fluence (19%), Nidec (18%) and BYD (17%). Wood Mackenzie ’s BESS Integrator market share rankings are based on the number of BESS shipments in MWh in 2022.
This has a direct impact on system integrators as transformers are integral for grid connection.” The North American BESS integrator market was found by Wood Mackenzie’s research to be highly concentrated, with the top five players holding 81% of the region’s market share in 2022. Tesla led the region with 25% market share rankings by shipment.
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