
The global Energy Storage PCS market size is predicted to grow from US$ 7534 million in 2025 to US$ 12390 million in 2031; it is expected to grow at a CAGR of 8.7% from 2025 to 2031.
Energy Storage PCS, or Power Conversion System, is a core component in an energy storage system (ESS). It serves as the bridge between the energy storage battery and the power grid, enabling the bidirectional flow of electrical energy.
Market Trends
Growing Adoption of Renewable Energy:
As the world transitions towards renewable energy sources such as solar and wind, the demand for energy storage systems, including PCS, is increasing. Renewable energy sources are intermittent and require energy storage solutions to balance supply and demand.
Technological Advancements:
Continuous technological advancements in PCS technology are driving down costs and improving efficiency. This makes energy storage systems more economically viable and attractive to investors.
Grid Integration and Microgrid Development:
The integration of energy storage systems with the grid and the development of microgrids are creating new opportunities for PCS manufacturers. PCS plays a crucial role in ensuring the smooth operation of these systems by managing the flow of electrical energy.
Market Drivers
Government Policies and Incentives:
Governments around the world are providing incentives and subsidies for the adoption of renewable energy and energy storage solutions. These policies are driving the growth of the Energy Storage PCS market.
Declining Costs of Batteries and PCS:
The costs of batteries and PCS are declining due to technological advancements and economies of scale. This makes energy storage systems more affordable and accessible to a wider range of customers.
Rising Demand for Reliable and Resilient Power Supplies:
The increasing demand for reliable and resilient power supplies, particularly in areas prone to natural disasters or with aging infrastructure, is driving the adoption of energy storage systems and PCS.
Market Challenges
Technical Challenges:
Ensuring the safe and efficient operation of energy storage systems and PCS requires addressing technical challenges such as battery management, thermal management, and grid synchronization.
Regulatory Hurdles:
Different countries and regions have varying regulations and standards for energy storage systems and PCS. Navigating these regulatory hurdles can be challenging for manufacturers.
Market Competition:
The Energy Storage PCS market is highly competitive, with many players offering similar products and services. This competition can lead to price wars and margin compression.
In conclusion, the Energy Storage PCS market is a dynamic and rapidly evolving industry with significant growth potential. With the increasing adoption of renewable energy and the need for efficient energy storage solutions, the demand for PCS products is expected to continue growing in the future.
The “Energy Storage PCS Industry Forecast” looks at past sales and reviews total world Energy Storage PCS sales in 2024, providing a comprehensive analysis by region and market sector of projected Energy Storage PCS sales for 2025 through 2031. With Energy Storage PCS sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Energy Storage PCS industry.
This Insight Report provides a comprehensive analysis of the global Energy Storage PCS landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Energy Storage PCS portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Energy Storage PCS market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Energy Storage PCS and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Energy Storage PCS.
This report presents a comprehensive overview, market shares, and growth opportunities of Energy Storage PCS market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Below 10 KW
10 - 250 KW
250 - 1000 KW
Above 1000 KW
Segmentation by Application:
Large-Scale Energy Storage
Industrial And Commercial Energy Storage
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SUNGROW
Power Electronics
SMA
Tesla
Guangzhou Zhiguang ENERGY Storage Technology
SolarEdge
Ingeteam
Beijing Soaring Electric Technology
Shenzhen Sinexcel Electric
NR Engineering
SHENZHEN HOPEWIND ELECTRIC
Kehua
XJ ELECTRIC
GoodWe
HUAWEI
Dynapower
Zhuzhou CRRC Times Electric
Beijing In-Power Electric
Nidec
EPC Power
Shenzhen Inovance Technology
Growatt
GE
Shenzhen Sofarsolar
Shenzhen Kstar Science and Technology
TMEIC
Sineng Electric
eks Energy
WSTECH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Energy Storage PCS market?
What factors are driving Energy Storage PCS market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Energy Storage PCS market opportunities vary by end market size?
How does Energy Storage PCS break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Energy Storage PCS Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Energy Storage PCS by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Energy Storage PCS by Country/Region, 2020, 2024 & 2031
2.2 Energy Storage PCS Segment by Type
2.2.1 Below 10 KW
2.2.2 10 - 250 KW
2.2.3 250 - 1000 KW
2.2.4 Above 1000 KW
2.3 Energy Storage PCS Sales by Type
2.3.1 Global Energy Storage PCS Sales Market Share by Type (2020-2025)
2.3.2 Global Energy Storage PCS Revenue and Market Share by Type (2020-2025)
2.3.3 Global Energy Storage PCS Sale Price by Type (2020-2025)
2.4 Energy Storage PCS Segment by Application
2.4.1 Large-Scale Energy Storage
2.4.2 Industrial And Commercial Energy Storage
2.5 Energy Storage PCS Sales by Application
2.5.1 Global Energy Storage PCS Sale Market Share by Application (2020-2025)
2.5.2 Global Energy Storage PCS Revenue and Market Share by Application (2020-2025)
2.5.3 Global Energy Storage PCS Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Energy Storage PCS Breakdown Data by Company
3.1.1 Global Energy Storage PCS Annual Sales by Company (2020-2025)
3.1.2 Global Energy Storage PCS Sales Market Share by Company (2020-2025)
3.2 Global Energy Storage PCS Annual Revenue by Company (2020-2025)
3.2.1 Global Energy Storage PCS Revenue by Company (2020-2025)
3.2.2 Global Energy Storage PCS Revenue Market Share by Company (2020-2025)
3.3 Global Energy Storage PCS Sale Price by Company
3.4 Key Manufacturers Energy Storage PCS Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Energy Storage PCS Product Location Distribution
3.4.2 Players Energy Storage PCS Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Energy Storage PCS by Geographic Region
4.1 World Historic Energy Storage PCS Market Size by Geographic Region (2020-2025)
4.1.1 Global Energy Storage PCS Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Energy Storage PCS Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Energy Storage PCS Market Size by Country/Region (2020-2025)
4.2.1 Global Energy Storage PCS Annual Sales by Country/Region (2020-2025)
4.2.2 Global Energy Storage PCS Annual Revenue by Country/Region (2020-2025)
4.3 Americas Energy Storage PCS Sales Growth
4.4 APAC Energy Storage PCS Sales Growth
4.5 Europe Energy Storage PCS Sales Growth
4.6 Middle East & Africa Energy Storage PCS Sales Growth
5 Americas
5.1 Americas Energy Storage PCS Sales by Country
5.1.1 Americas Energy Storage PCS Sales by Country (2020-2025)
5.1.2 Americas Energy Storage PCS Revenue by Country (2020-2025)
5.2 Americas Energy Storage PCS Sales by Type (2020-2025)
5.3 Americas Energy Storage PCS Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Energy Storage PCS Sales by Region
6.1.1 APAC Energy Storage PCS Sales by Region (2020-2025)
6.1.2 APAC Energy Storage PCS Revenue by Region (2020-2025)
6.2 APAC Energy Storage PCS Sales by Type (2020-2025)
6.3 APAC Energy Storage PCS Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Energy Storage PCS by Country
7.1.1 Europe Energy Storage PCS Sales by Country (2020-2025)
7.1.2 Europe Energy Storage PCS Revenue by Country (2020-2025)
7.2 Europe Energy Storage PCS Sales by Type (2020-2025)
7.3 Europe Energy Storage PCS Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Energy Storage PCS by Country
8.1.1 Middle East & Africa Energy Storage PCS Sales by Country (2020-2025)
8.1.2 Middle East & Africa Energy Storage PCS Revenue by Country (2020-2025)
8.2 Middle East & Africa Energy Storage PCS Sales by Type (2020-2025)
8.3 Middle East & Africa Energy Storage PCS Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Energy Storage PCS
10.3 Manufacturing Process Analysis of Energy Storage PCS
10.4 Industry Chain Structure of Energy Storage PCS
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Energy Storage PCS Distributors
11.3 Energy Storage PCS Customer
12 World Forecast Review for Energy Storage PCS by Geographic Region
12.1 Global Energy Storage PCS Market Size Forecast by Region
12.1.1 Global Energy Storage PCS Forecast by Region (2026-2031)
12.1.2 Global Energy Storage PCS Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Energy Storage PCS Forecast by Type (2026-2031)
12.7 Global Energy Storage PCS Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 SUNGROW
13.1.1 SUNGROW Company Information
13.1.2 SUNGROW Energy Storage PCS Product Portfolios and Specifications
13.1.3 SUNGROW Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 SUNGROW Main Business Overview
13.1.5 SUNGROW Latest Developments
13.2 Power Electronics
13.2.1 Power Electronics Company Information
13.2.2 Power Electronics Energy Storage PCS Product Portfolios and Specifications
13.2.3 Power Electronics Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Power Electronics Main Business Overview
13.2.5 Power Electronics Latest Developments
13.3 SMA
13.3.1 SMA Company Information
13.3.2 SMA Energy Storage PCS Product Portfolios and Specifications
13.3.3 SMA Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 SMA Main Business Overview
13.3.5 SMA Latest Developments
13.4 Tesla
13.4.1 Tesla Company Information
13.4.2 Tesla Energy Storage PCS Product Portfolios and Specifications
13.4.3 Tesla Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Tesla Main Business Overview
13.4.5 Tesla Latest Developments
13.5 Guangzhou Zhiguang ENERGY Storage Technology
13.5.1 Guangzhou Zhiguang ENERGY Storage Technology Company Information
13.5.2 Guangzhou Zhiguang ENERGY Storage Technology Energy Storage PCS Product Portfolios and Specifications
13.5.3 Guangzhou Zhiguang ENERGY Storage Technology Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Guangzhou Zhiguang ENERGY Storage Technology Main Business Overview
13.5.5 Guangzhou Zhiguang ENERGY Storage Technology Latest Developments
13.6 SolarEdge
13.6.1 SolarEdge Company Information
13.6.2 SolarEdge Energy Storage PCS Product Portfolios and Specifications
13.6.3 SolarEdge Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 SolarEdge Main Business Overview
13.6.5 SolarEdge Latest Developments
13.7 Ingeteam
13.7.1 Ingeteam Company Information
13.7.2 Ingeteam Energy Storage PCS Product Portfolios and Specifications
13.7.3 Ingeteam Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Ingeteam Main Business Overview
13.7.5 Ingeteam Latest Developments
13.8 Beijing Soaring Electric Technology
13.8.1 Beijing Soaring Electric Technology Company Information
13.8.2 Beijing Soaring Electric Technology Energy Storage PCS Product Portfolios and Specifications
13.8.3 Beijing Soaring Electric Technology Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Beijing Soaring Electric Technology Main Business Overview
13.8.5 Beijing Soaring Electric Technology Latest Developments
13.9 Shenzhen Sinexcel Electric
13.9.1 Shenzhen Sinexcel Electric Company Information
13.9.2 Shenzhen Sinexcel Electric Energy Storage PCS Product Portfolios and Specifications
13.9.3 Shenzhen Sinexcel Electric Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Shenzhen Sinexcel Electric Main Business Overview
13.9.5 Shenzhen Sinexcel Electric Latest Developments
13.10 NR Engineering
13.10.1 NR Engineering Company Information
13.10.2 NR Engineering Energy Storage PCS Product Portfolios and Specifications
13.10.3 NR Engineering Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 NR Engineering Main Business Overview
13.10.5 NR Engineering Latest Developments
13.11 SHENZHEN HOPEWIND ELECTRIC
13.11.1 SHENZHEN HOPEWIND ELECTRIC Company Information
13.11.2 SHENZHEN HOPEWIND ELECTRIC Energy Storage PCS Product Portfolios and Specifications
13.11.3 SHENZHEN HOPEWIND ELECTRIC Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 SHENZHEN HOPEWIND ELECTRIC Main Business Overview
13.11.5 SHENZHEN HOPEWIND ELECTRIC Latest Developments
13.12 Kehua
13.12.1 Kehua Company Information
13.12.2 Kehua Energy Storage PCS Product Portfolios and Specifications
13.12.3 Kehua Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Kehua Main Business Overview
13.12.5 Kehua Latest Developments
13.13 XJ ELECTRIC
13.13.1 XJ ELECTRIC Company Information
13.13.2 XJ ELECTRIC Energy Storage PCS Product Portfolios and Specifications
13.13.3 XJ ELECTRIC Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 XJ ELECTRIC Main Business Overview
13.13.5 XJ ELECTRIC Latest Developments
13.14 GoodWe
13.14.1 GoodWe Company Information
13.14.2 GoodWe Energy Storage PCS Product Portfolios and Specifications
13.14.3 GoodWe Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 GoodWe Main Business Overview
13.14.5 GoodWe Latest Developments
13.15 HUAWEI
13.15.1 HUAWEI Company Information
13.15.2 HUAWEI Energy Storage PCS Product Portfolios and Specifications
13.15.3 HUAWEI Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 HUAWEI Main Business Overview
13.15.5 HUAWEI Latest Developments
13.16 Dynapower
13.16.1 Dynapower Company Information
13.16.2 Dynapower Energy Storage PCS Product Portfolios and Specifications
13.16.3 Dynapower Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Dynapower Main Business Overview
13.16.5 Dynapower Latest Developments
13.17 Zhuzhou CRRC Times Electric
13.17.1 Zhuzhou CRRC Times Electric Company Information
13.17.2 Zhuzhou CRRC Times Electric Energy Storage PCS Product Portfolios and Specifications
13.17.3 Zhuzhou CRRC Times Electric Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Zhuzhou CRRC Times Electric Main Business Overview
13.17.5 Zhuzhou CRRC Times Electric Latest Developments
13.18 Beijing In-Power Electric
13.18.1 Beijing In-Power Electric Company Information
13.18.2 Beijing In-Power Electric Energy Storage PCS Product Portfolios and Specifications
13.18.3 Beijing In-Power Electric Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Beijing In-Power Electric Main Business Overview
13.18.5 Beijing In-Power Electric Latest Developments
13.19 Nidec
13.19.1 Nidec Company Information
13.19.2 Nidec Energy Storage PCS Product Portfolios and Specifications
13.19.3 Nidec Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Nidec Main Business Overview
13.19.5 Nidec Latest Developments
13.20 EPC Power
13.20.1 EPC Power Company Information
13.20.2 EPC Power Energy Storage PCS Product Portfolios and Specifications
13.20.3 EPC Power Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 EPC Power Main Business Overview
13.20.5 EPC Power Latest Developments
13.21 Shenzhen Inovance Technology
13.21.1 Shenzhen Inovance Technology Company Information
13.21.2 Shenzhen Inovance Technology Energy Storage PCS Product Portfolios and Specifications
13.21.3 Shenzhen Inovance Technology Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Shenzhen Inovance Technology Main Business Overview
13.21.5 Shenzhen Inovance Technology Latest Developments
13.22 Growatt
13.22.1 Growatt Company Information
13.22.2 Growatt Energy Storage PCS Product Portfolios and Specifications
13.22.3 Growatt Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Growatt Main Business Overview
13.22.5 Growatt Latest Developments
13.23 GE
13.23.1 GE Company Information
13.23.2 GE Energy Storage PCS Product Portfolios and Specifications
13.23.3 GE Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 GE Main Business Overview
13.23.5 GE Latest Developments
13.24 Shenzhen Sofarsolar
13.24.1 Shenzhen Sofarsolar Company Information
13.24.2 Shenzhen Sofarsolar Energy Storage PCS Product Portfolios and Specifications
13.24.3 Shenzhen Sofarsolar Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Shenzhen Sofarsolar Main Business Overview
13.24.5 Shenzhen Sofarsolar Latest Developments
13.25 Shenzhen Kstar Science and Technology
13.25.1 Shenzhen Kstar Science and Technology Company Information
13.25.2 Shenzhen Kstar Science and Technology Energy Storage PCS Product Portfolios and Specifications
13.25.3 Shenzhen Kstar Science and Technology Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 Shenzhen Kstar Science and Technology Main Business Overview
13.25.5 Shenzhen Kstar Science and Technology Latest Developments
13.26 TMEIC
13.26.1 TMEIC Company Information
13.26.2 TMEIC Energy Storage PCS Product Portfolios and Specifications
13.26.3 TMEIC Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.26.4 TMEIC Main Business Overview
13.26.5 TMEIC Latest Developments
13.27 Sineng Electric
13.27.1 Sineng Electric Company Information
13.27.2 Sineng Electric Energy Storage PCS Product Portfolios and Specifications
13.27.3 Sineng Electric Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.27.4 Sineng Electric Main Business Overview
13.27.5 Sineng Electric Latest Developments
13.28 eks Energy
13.28.1 eks Energy Company Information
13.28.2 eks Energy Energy Storage PCS Product Portfolios and Specifications
13.28.3 eks Energy Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.28.4 eks Energy Main Business Overview
13.28.5 eks Energy Latest Developments
13.29 WSTECH
13.29.1 WSTECH Company Information
13.29.2 WSTECH Energy Storage PCS Product Portfolios and Specifications
13.29.3 WSTECH Energy Storage PCS Sales, Revenue, Price and Gross Margin (2020-2025)
13.29.4 WSTECH Main Business Overview
13.29.5 WSTECH Latest Developments
14 Research Findings and Conclusion
*If Applicable.
