Global Energy Storage Power Conversion System (PCS) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Energy Storage Power Conversion System (PCS) market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.

Power conversion system(PCS) energy storage is a multi-functional AC-DC converter by offering both basic bidirectional power converters factions of PCS and several optional modules which could offer on/off grid switch and renewable energy access. Range from 50kW to 250kW, it well fits the requirement of Battery Energy Storage in commercial and industrial applications.

Due to the rapid development of the wind power and photovoltaic industry, as well as the increasing awareness of environmental protection in various countries, the energy storage industry is becoming one of the key technologies, which is used in many countries to advance the carbon neutral target process today. The United States, China and Japan occupied the leading position in the installed capacity of energy storage projects, among which the United States is the world"s largest energy storage market. The European Union established the European Battery Alliance (EBA) in 2017, aiming to escape the EU"s dependence on Asian manufacturers in the battery storage field. According to Data Europa’s statistics, the cumulative installed capacity has reached 48.38GW in 2020. At present, pumped storage accounts for 94% of the energy storage market in Europe, with Spain and Germany having the largest capacity. According to BNEF data, electrochemical energy storage in the United States added 3.97GW / 10.88 GWh in 2021. In terms of power, it accounted for 40% of the global increase. In 2022, the United States passed the IRA, which subsidized independent energy storage for the first time. Under the ITC, new energy storage projects could offset up to 53% of the investment. The effect of the policy has initially appeared, and the energy storage industry in the United States shows an upward trend.

This report is a detailed and comprehensive analysis for global Energy Storage Power Conversion System (PCS) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Energy Storage Power Conversion System (PCS) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Energy Storage Power Conversion System (PCS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Energy Storage Power Conversion System (PCS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Energy Storage Power Conversion System (PCS) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Energy Storage Power Conversion System (PCS)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Energy Storage Power Conversion System (PCS) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ABB, Nidec Corporation, Johnson Controls, Parker Hannifin, Delta Electronics, Sungrow Power Supply, KELONG, CLOU, SINENG, WindSun Science Technology, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Energy Storage Power Conversion System (PCS) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Less Than 500KW
500KW-1MW
Above 1MW

Market segment by Application
Power Station
Other

Major players covered
ABB
Nidec Corporation
Johnson Controls
Parker Hannifin
Delta Electronics
Sungrow Power Supply
KELONG
CLOU
SINENG
WindSun Science Technology
Shenzhen Sinexcel Electric
HNAC Technology
TBEA
Hopewind
Zhiguang ENERGY Storage Technology
Beijing Soaring Electric Technology
NR Electric
Beijing IN-POWER ELECTRIC

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Energy Storage Power Conversion System (PCS) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Energy Storage Power Conversion System (PCS), with price, sales quantity, revenue, and global market share of Energy Storage Power Conversion System (PCS) from 2020 to 2025.

Chapter 3, the Energy Storage Power Conversion System (PCS) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Energy Storage Power Conversion System (PCS) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Energy Storage Power Conversion System (PCS) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Energy Storage Power Conversion System (PCS).

Chapter 14 and 15, to describe Energy Storage Power Conversion System (PCS) sales channel, distributors, customers, research findings and conclusion.