Industry: Service & Software
Published Date: 2025-02-20
Pages: 77 Pages
Report ld: 4016035
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The global market for EPC for Energy Storage System was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Engineering, Procurement, and Construction (EPC) services for the design, procurement, and construction of energy storage systems, such as batteries or capacitors.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 109%.
This report aims to provide a comprehensive presentation of the global market for EPC for Energy Storage System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EPC for Energy Storage System.
The EPC for Energy Storage System market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global EPC for Energy Storage System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the EPC for Energy Storage System companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of EPC for Energy Storage System company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global EPC for Energy Storage System Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Short-term Energy Storage Integrators
1.2.3 Long-term Energy Storage Integrators
1.3 Market by Application
1.3.1 Global EPC for Energy Storage System Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Commercial
1.3.3 Residential
1.3.4 Utility
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global EPC for Energy Storage System Market Perspective (2020-2031)
2.2 Global EPC for Energy Storage System Growth Trends by Region
2.2.1 Global EPC for Energy Storage System Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 EPC for Energy Storage System Historic Market Size by Region (2020-2025)
2.2.3 EPC for Energy Storage System Forecasted Market Size by Region (2026-2031)
2.3 EPC for Energy Storage System Market Dynamics
2.3.1 EPC for Energy Storage System Industry Trends
2.3.2 EPC for Energy Storage System Market Drivers
2.3.3 EPC for Energy Storage System Market Challenges
2.3.4 EPC for Energy Storage System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top EPC for Energy Storage System Players by Revenue
3.1.1 Global Top EPC for Energy Storage System Players by Revenue (2020-2025)
3.1.2 Global EPC for Energy Storage System Revenue Market Share by Players (2020-2025)
3.2 Global EPC for Energy Storage System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by EPC for Energy Storage System Revenue
3.4 Global EPC for Energy Storage System Market Concentration Ratio
3.4.1 Global EPC for Energy Storage System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by EPC for Energy Storage System Revenue in 2024
3.5 Global Key Players of EPC for Energy Storage System Head office and Area Served
3.6 Global Key Players of EPC for Energy Storage System, Product and Application
3.7 Global Key Players of EPC for Energy Storage System, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 EPC for Energy Storage System Breakdown Data by Type
4.1 Global EPC for Energy Storage System Historic Market Size by Type (2020-2025)
4.2 Global EPC for Energy Storage System Forecasted Market Size by Type (2026-2031)
5 EPC for Energy Storage System Breakdown Data by Application
5.1 Global EPC for Energy Storage System Historic Market Size by Application (2020-2025)
5.2 Global EPC for Energy Storage System Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America EPC for Energy Storage System Market Size (2020-2031)
6.2 North America EPC for Energy Storage System Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America EPC for Energy Storage System Market Size by Country (2020-2025)
6.4 North America EPC for Energy Storage System Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe EPC for Energy Storage System Market Size (2020-2031)
7.2 Europe EPC for Energy Storage System Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe EPC for Energy Storage System Market Size by Country (2020-2025)
7.4 Europe EPC for Energy Storage System Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific EPC for Energy Storage System Market Size (2020-2031)
8.2 Asia-Pacific EPC for Energy Storage System Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific EPC for Energy Storage System Market Size by Region (2020-2025)
8.4 Asia-Pacific EPC for Energy Storage System Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America EPC for Energy Storage System Market Size (2020-2031)
9.2 Latin America EPC for Energy Storage System Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America EPC for Energy Storage System Market Size by Country (2020-2025)
9.4 Latin America EPC for Energy Storage System Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa EPC for Energy Storage System Market Size (2020-2031)
10.2 Middle East & Africa EPC for Energy Storage System Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa EPC for Energy Storage System Market Size by Country (2020-2025)
10.4 Middle East & Africa EPC for Energy Storage System Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Mortenson
11.1.1 Mortenson Company Details
11.1.2 Mortenson Business Overview
11.1.3 Mortenson EPC for Energy Storage System Introduction
11.1.4 Mortenson Revenue in EPC for Energy Storage System Business (2020-2025)
11.1.5 Mortenson Recent Development
11.2 Swinerton
11.2.1 Swinerton Company Details
11.2.2 Swinerton Business Overview
11.2.3 Swinerton EPC for Energy Storage System Introduction
11.2.4 Swinerton Revenue in EPC for Energy Storage System Business (2020-2025)
11.2.5 Swinerton Recent Development
11.3 Quanta/Blattner
11.3.1 Quanta/Blattner Company Details
11.3.2 Quanta/Blattner Business Overview
11.3.3 Quanta/Blattner EPC for Energy Storage System Introduction
11.3.4 Quanta/Blattner Revenue in EPC for Energy Storage System Business (2020-2025)
11.3.5 Quanta/Blattner Recent Development
11.4 McCarthy
11.4.1 McCarthy Company Details
11.4.2 McCarthy Business Overview
11.4.3 McCarthy EPC for Energy Storage System Introduction
11.4.4 McCarthy Revenue in EPC for Energy Storage System Business (2020-2025)
11.4.5 McCarthy Recent Development
11.5 Nextera
11.5.1 Nextera Company Details
11.5.2 Nextera Business Overview
11.5.3 Nextera EPC for Energy Storage System Introduction
11.5.4 Nextera Revenue in EPC for Energy Storage System Business (2020-2025)
11.5.5 Nextera Recent Development
11.6 TRC Companies
11.6.1 TRC Companies Company Details
11.6.2 TRC Companies Business Overview
11.6.3 TRC Companies EPC for Energy Storage System Introduction
11.6.4 TRC Companies Revenue in EPC for Energy Storage System Business (2020-2025)
11.6.5 TRC Companies Recent Development
11.7 Black & Veatch
11.7.1 Black & Veatch Company Details
11.7.2 Black & Veatch Business Overview
11.7.3 Black & Veatch EPC for Energy Storage System Introduction
11.7.4 Black & Veatch Revenue in EPC for Energy Storage System Business (2020-2025)
11.7.5 Black & Veatch Recent Development
11.8 DEPCOM Power
11.8.1 DEPCOM Power Company Details
11.8.2 DEPCOM Power Business Overview
11.8.3 DEPCOM Power EPC for Energy Storage System Introduction
11.8.4 DEPCOM Power Revenue in EPC for Energy Storage System Business (2020-2025)
11.8.5 DEPCOM Power Recent Development
11.9 Primoris Renewable Energy
11.9.1 Primoris Renewable Energy Company Details
11.9.2 Primoris Renewable Energy Business Overview
11.9.3 Primoris Renewable Energy EPC for Energy Storage System Introduction
11.9.4 Primoris Renewable Energy Revenue in EPC for Energy Storage System Business (2020-2025)
11.9.5 Primoris Renewable Energy Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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