Global energy storage lithium battery market concentration declines

In 2024, the global energy storage lithium battery shipment CR5 is 53.5%, a decrease of 5% compared with 2023; CR10 is 77.4%, a decrease of 3% compared with 2023, showing a downward trend in market concentration. This change is mainly due to the increase in new entrants and intensified competition. It is expected that the global energy storage lithium battery will exceed 600Gwh in 2025, and the competition in the energy storage lithium battery cell segment will continue to be a battleground for companies in related links such as lithium batteries, wind power, photovoltaics, and energy storage integration.