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Views: 0 Author: Site Editor Publish Time: 2024-08-16 Origin: Site
According to the latest data, the global battery cell market ranking (see Appendix Table 1) and the overseas expansion of Chinese battery cells (see Appendix Table 2) reveal the current market structure.
| 2023Rank | Company | 2023 Installation volume(Gwh) | 2022 Installation volume(Gwh) | 2023 Share | 2022 Share | Change in share(pct) |
| 1 | CATL | 254.2 | 184.9 | 35.90% | 37.10% | -1.2 |
| 2 | BYD | 119.9 | 67.2 | 16.90% | 13.50% | 3.5 |
| 3 | LGES | 90.8 | 79.3 | 12.80% | 15.90% | -3.1 |
| 4 | Panasonic | 70.6 | 50.4 | 10.00% | 10.10% | -0.1 |
| 5 | CALB | 31.6 | 16.3 | 4.50% | 3.30% | 1.2 |
| 6 | Samsung SDI | 27.0 | 17.4 | 3.80% | 3.50% | 0.3 |
| 7 | SK on | 27.0 | 24.9 | 3.80% | 5.00% | -1.2 |
| 8 | Gotion | 16.3 | 13.7 | 2.30% | 2.80% | -0.4 |
| 9 | EVE | 12.9 | 4.8 | 1.80% | 1.00% | 0.8 |
| 10 | Farasis | 12.5 | 6.1 | 1.80% | 1.20% | 0.5 |
| Total Top 10 | 662.8 | 465 | 93.60% | 93.40% | 0.3 | |
| Total Installation Volume | 707.2 | 498 | ||||
Table 1
Table 2
By 2024, China's power battery installed capacity share in the global market has increased significantly to 67%. It is expected that new energy vehicle manufacturing, large-scale energy storage projects and equipment batteries will become the main consumer areas.
In recent years, changes in the global political and economic landscape have accelerated the process of supply chain globalization. The layout of Chinese battery cell manufacturing companies in the global market is particularly eye-catching, and their strategic layout and production capacity expansion have had a profound impact on the industry.
In the European market, the layout of seven battery cell manufacturing companies, such as CATL, GOTION, Envision Power, and EVE, shows their competitiveness in the regional market.
The photovoltaic panel manufacturing industry has faced severe challenges from price fluctuations in recent years. Chinese competitors and local European companies are struggling to survive under cost pressures, and even government subsidies and customer support cannot fully withstand market pressures.
Facing market challenges, photovoltaic panel manufacturing companies should grasp the localization trend of Chinese batteries in Europe and expand lithium battery pack sales, photovoltaic system installation and operation and maintenance services through forward-looking layout to achieve business diversification and risk diversification. Although labor costs are high in the European market, the high efficiency of automated production lines (such as the daily output of home storage and power battery packs can reach more than 200 packs) provides new growth points for photovoltaic panel manufacturers.
In the new energy industry, product quality, service professionalism and channel breadth are key factors for companies to achieve branding and improve market competitiveness. European local photovoltaic panel manufacturing companies must adapt to market changes and achieve sustainable development by strengthening product capabilities, optimizing service processes and expanding sales channels.