2025-2031 Global Grid Forming Energy Storage System Industry Research & Trends Analysis Report
2025-2031 Global Grid Forming Energy Storage System Industry Research & Trends Analysis Report
Analysis of the Grid Forming Energy Storage System Market reveals emerging trends, consumer adoption rates, and competitive strategies among leading manufacturers worldwide.
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Grid Forming Energy Storage System Market Overview
The Grid forming energy storage system is essentially a voltage source. It can set voltage parameters internally and output stable voltage and frequency. The grid-type energy storage system can not only operate in conjunction with the grid, but also operate off the grid. The grid-type energy storage with strong support for the grid has the functions of building grid voltage, frequency regulation and inertia response, voltage fault ride-through, black start, etc., which can support the stability of the voltage and frequency of the power system and enhance the strength of the grid.
Key Insights & Strategic Takeaways Driving Market Outlook
(1) Global Grid Forming Energy Storage System market size (sales volume & revenue), history data from 2020 - 2025, and forecast data from {2025 to 2031.
(2) Global Grid Forming Energy Storage System market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.
(3) China Grid Forming Energy Storage System market competitive situation, sales, revenue, price, and market share, from 2020 to 2025.
(4) Global Grid Forming Energy Storage System segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, and India, etc.
(5) Global Grid Forming Energy Storage System segment by Type, and by Application, and regional segment by Type, and by Application.
(6) Global major production regions of Grid Forming Energy Storage System , capacity, production and trends.
(7) Grid Forming Energy Storage System industry supply chain, upstream, midstream, and downstream analysis.
In-Depth Assessment of Market Segmentation by Geographic Region
➤ North America (United States, Canada, and Mexico)
➤ Europe (UK, Germany, France, Russia, and Italy)
➤ Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
➤ South America (Brazil, Colombia, Argentina, etc.)
➤ The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
Segmentation by Product Type: Analytical Breakdown and Market Relevance
This section presents a comprehensive analysis of the market based on product type, highlighting segment-wise performance indicators, emerging trends, and their strategic implications within the overall industry landscape.
- Low Voltage Energy Storage System
- High Voltage Energy Storage System
Market Segmentation by Application
Markets are categorized based on specific application areas, offering insight into usage trends and consumer preferences. This segmentation helps businesses tailor products, services, and strategies to align with diverse industry needs and customer demands.
- Centralized Grid Forming Energy Storage System
- String-type Grid Forming Energy Storage System
Market Segmentation by Key Players
This report examines the competitive landscape by categorizing market participants based on their roles, influence, and strategic positioning. Understanding player segmentation helps identify industry leaders, emerging competitors, and collaboration opportunities within the market.
- SMA Solar Technology AG
- Huawei Digital Power Technologies Co., Ltd.
- Shanghai Smart Control Co., Ltd.
- Sungrow Power Supply Co., Ltd.
- NREC
- Xiamen Kehua Shuneng Technology Co., Ltd.
- Goldwind Science&Technology Co.,Ltd.
- Envision Group
- Beijing Soaring Electric Technology Co., Ltd.
- Beijing Hyperstrong Technology Co., Ltd.
- CRRC Zhuzhou Institute Co., Ltd.
- Sieyuan Qingneng Electric & Electronics Co., Ltd.
- TBEA
- Shenzhen Hopewind Electric Co.,Ltd.
- Guangzhou Zhiguang Electric Co., Ltd.
- Shenzhen Sinexcel Electric Co., Ltd.
1 Market Overview
1.1 Grid Forming Energy Storage System Definition
1.2 Global Grid Forming Energy Storage System Market Size and Forecast
1.2.1 By Revenue, Global Grid Forming Energy Storage System Market Size, 2020-2031
1.2.2 By Sales Volume, Global Grid Forming Energy Storage System Market Size, 2020-2031
1.2.3 Global Grid Forming Energy Storage System Price Trend, 2020-2031
1.3 China Grid Forming Energy Storage System Market Size and Forecast
1.3.1 By Revenue, China Grid Forming Energy Storage System Market Size, 2020-2031
1.3.2 By Sales Volume, China Grid Forming Energy Storage System Market Size, 2020-2031
1.3.3 China Grid Forming Energy Storage System Price Trend, 2020-2031
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Grid Forming Energy Storage System Share in Global Market, 2020-2031
1.4.2 By Sales Volume, China Grid Forming Energy Storage System Share in Global Market, 2020-2031
1.4.3 Grid Forming Energy Storage System Market Size: China VS Global, 2020-2031
1.5 Grid Forming Energy Storage System Market Dynamics
1.5.1 Grid Forming Energy Storage System Market Drivers
1.5.2 Grid Forming Energy Storage System Market Restraints
1.5.3 Grid Forming Energy Storage System Industry Trends
1.5.4 Grid Forming Energy Storage System Industry Policy
2 Global Competitive Landscape by Company
2.1 Global Grid Forming Energy Storage System Revenue by Company, 2020-2025
2.2 Global Grid Forming Energy Storage System Sales Volume by Company, 2020-2025
2.3 Global Grid Forming Energy Storage System Price by Company, 2020-2025
2.4 Global Grid Forming Energy Storage System Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.5 Global Grid Forming Energy Storage System Concentration Ratio
2.6 Global Grid Forming Energy Storage System Mergers & Acquisitions, Expansion Plans
2.7 Global Grid Forming Energy Storage System Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China Grid Forming Energy Storage System Revenue by Company, 2020-2025
3.2 China Grid Forming Energy Storage System Sales Volume by Company, 2020-2025
3.3 China Grid Forming Energy Storage System Grid Forming Energy Storage System Participants, Market Position (Tier 1, Tier 2, and Tier 3)
3.4 China Grid Forming Energy Storage System Market, Sales Percentage of Local Players VS Foreign Players (2020-2025)
3.5 Chinese Local Players, Grid Forming Energy Storage System Domestic VS Export
3.6 China Market, Grid Forming Energy Storage System Import & Export
3.6.1 China Market, Grid Forming Energy Storage System Import & Export, 2020-2031
3.6.2 China Grid Forming Energy Storage System Import & Export Trends
3.6.3 Main Sources of China Grid Forming Energy Storage System Import
3.6.4 Export Destination of China Grid Forming Energy Storage System
4 Grid Forming Energy Storage System Production by Region
4.1 Global Grid Forming Energy Storage System Capacity, Production and Capacity Utilization, 2020-2031
4.2 Global Geographic Distribution of Grid Forming Energy Storage System Manufacturers
4.3 Global Major Manufacturers, Grid Forming Energy Storage System Capacity Expansion and Future Plans
4.4 Global Grid Forming Energy Storage System Capacity by Region
4.5 Global Grid Forming Energy Storage System Production by Region
4.5.1 Global Grid Forming Energy Storage System Production & Forecast by Region, 2020 VS 2024 VS 2031
4.5.2 Global Grid Forming Energy Storage System Production by Region, 2020-2025
4.5.3 Global Grid Forming Energy Storage System Production Market Share & Forecast by Region, 2020-2031
5 Industry Chain Analysis
5.1 Grid Forming Energy Storage System Industry Chain
5.2 Grid Forming Energy Storage System Upstream Analysis
5.2.1 Grid Forming Energy Storage System Core Raw Materials
5.2.2 Main Manufacturers of Grid Forming Energy Storage System Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Grid Forming Energy Storage System Production Mode
5.6 Grid Forming Energy Storage System Procurement Model
5.7 Grid Forming Energy Storage System Industry Sales Model and Sales Channels
5.7.1 Grid Forming Energy Storage System Sales Model
5.7.2 Grid Forming Energy Storage System Typical Distributors
6 Sights by Product Type
6.1 Grid Forming Energy Storage System Classification
6.1.1 Centralized Grid Forming Energy Storage System
6.1.2 String-type Grid Forming Energy Storage System
6.2 by Type, Global Grid Forming Energy Storage System Market Size & CAGR, 2020 VS 2024 VS 2031
6.3 by Type, Global Grid Forming Energy Storage System Revenue, 2020-2031
6.4 by Type, Global Grid Forming Energy Storage System Sales Volume, 2020-2031
6.5 by Type, Global Grid Forming Energy Storage System Price, 2020-2031
7 Sights by Application
7.1 Grid Forming Energy Storage System Segment by Application
7.1.1 Low Voltage Energy Storage System
7.1.2 High Voltage Energy Storage System
7.2 by Application, Global Grid Forming Energy Storage System Market Size & CAGR, 2020 VS 2024 VS 2031
7.3 by Application, Global Grid Forming Energy Storage System Revenue, 2020-2031
7.4 by Application, Global Grid Forming Energy Storage System Sales Volume, 2020-2031
7.5 by Application, Global Grid Forming Energy Storage System Price, 2020-2031
8 Sales Sights by Region
8.1 By Region, Global Grid Forming Energy Storage System Market Size, 2020 VS 2024 VS 2031
8.2 By Region, Global Grid Forming Energy Storage System Revenue, 2020-2031
8.3 By Region, Global Grid Forming Energy Storage System Sales Volume, 2020-2031
8.4 North America
8.4.1 North America Grid Forming Energy Storage System Market Size & Forecasts, 2020-2031
8.4.2 By Country, North America Grid Forming Energy Storage System Market Size Market Share
8.5 Europe
8.5.1 Europe Grid Forming Energy Storage System Market Size & Forecasts, 2020-2031
8.5.2 By Country, Europe Grid Forming Energy Storage System Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Grid Forming Energy Storage System Market Size & Forecasts, 2020-2031
8.6.2 By Country/Region, Asia Pacific Grid Forming Energy Storage System Market Size Market Share
8.7 South America
8.7.1 South AmericaGrid Forming Energy Storage System Market Size & Forecasts, 2020-2031
8.7.2 By Country, South America Grid Forming Energy Storage System Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Grid Forming Energy Storage System Market Size & CAGR，2020 VS 2024 VS 2031
9.2 By Country, Global Grid Forming Energy Storage System Revenue, 2020-2031
9.3 By Country, Global Grid Forming Energy Storage System Sales Volume, 2020-2031
9.4 United States
9.4.1 United States Grid Forming Energy Storage System Market Size, 2020-2031
9.4.2 By Company, United States Grid Forming Energy Storage System Sales Volume Market Share, 2024
9.4.3 by Type, United States Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.4.4 by Application, United States Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.5 Europe
9.5.1 Europe Grid Forming Energy Storage System Market Size, 2020-2031
9.5.2 By Company, Europe Grid Forming Energy Storage System Sales Volume Market Share, 2024
9.5.3 by Type, Europe Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.5.4 by Application, Europe Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.6 China
9.6.1 China Grid Forming Energy Storage System Market Size, 2020-2031
9.6.2 By Company, China Grid Forming Energy Storage System Sales Volume Market Share, 2024
9.6.3 by Type, China Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.6.4 by Application, China Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.7 Japan
9.7.1 Japan Grid Forming Energy Storage System Market Size, 2020-2031
9.7.2 By Company, Japan Grid Forming Energy Storage System Market Share, 2024
9.7.3 by Type, Japan Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.7.4 by Application, Japan Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.8 South Korea
9.8.1 South Korea Grid Forming Energy Storage System Market Size, 2020-2031
9.8.2 By Company, South Korea Grid Forming Energy Storage System Market Share, 2024
9.8.3 by Type, South Korea Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.8.4 by Application, South Korea Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.9 Southeast Asia
9.9.1 Southeast Asia Grid Forming Energy Storage System Market Size, 2020-2031
9.9.2 By Company, Southeast Asia Grid Forming Energy Storage System Market Share, 2024
9.9.3 by Type, Southeast Asia Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.9.4 by Application, Southeast Asia Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.10 India
9.10.1 India Grid Forming Energy Storage System Market Size, 2020-2031
9.10.2 By Company, India Grid Forming Energy Storage System Market Share, 2024
9.10.3 by Type, India Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.10.4 by Application, India Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.11 Middle East & Africa
9.11.1 Middle East & Africa Grid Forming Energy Storage System Market Size, 2020-2031
9.11.2 By Company, Middle East & Africa Grid Forming Energy Storage System Market Share, 2024
9.11.3 by Type, Middle East & Africa Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
9.11.4 by Application, Middle East & Africa Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
10 Manufacturers Profile
10.1 SMA Solar Technology AG
10.1.1 SMA Solar Technology AG Company Information, Head Office, Market Area, and Industry Position
10.1.2 SMA Solar Technology AG Grid Forming Energy Storage System Models, Specifications, and Application
10.1.3 SMA Solar Technology AG Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.1.4 SMA Solar Technology AG Company Profile and Main Business
10.1.5 SMA Solar Technology AG Recent Developments
10.2 Huawei Digital Power Technologies Co., Ltd.
10.2.1 Huawei Digital Power Technologies Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.2.2 Huawei Digital Power Technologies Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.2.3 Huawei Digital Power Technologies Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.2.4 Huawei Digital Power Technologies Co., Ltd. Company Profile and Main Business
10.2.5 Huawei Digital Power Technologies Co., Ltd. Recent Developments
10.3 Shanghai Smart Control Co., Ltd.
10.3.1 Shanghai Smart Control Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.3.2 Shanghai Smart Control Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.3.3 Shanghai Smart Control Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.3.4 Shanghai Smart Control Co., Ltd. Company Profile and Main Business
10.3.5 Shanghai Smart Control Co., Ltd. Recent Developments
10.4 Sungrow Power Supply Co., Ltd.
10.4.1 Sungrow Power Supply Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.4.2 Sungrow Power Supply Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.4.3 Sungrow Power Supply Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.4.4 Sungrow Power Supply Co., Ltd. Company Profile and Main Business
10.4.5 Sungrow Power Supply Co., Ltd. Recent Developments
10.5 NREC
10.5.1 NREC Company Information, Head Office, Market Area, and Industry Position
10.5.2 NREC Grid Forming Energy Storage System Models, Specifications, and Application
10.5.3 NREC Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.5.4 NREC Company Profile and Main Business
10.5.5 NREC Recent Developments
10.6 Xiamen Kehua Shuneng Technology Co., Ltd.
10.6.1 Xiamen Kehua Shuneng Technology Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.6.2 Xiamen Kehua Shuneng Technology Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.6.3 Xiamen Kehua Shuneng Technology Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.6.4 Xiamen Kehua Shuneng Technology Co., Ltd. Company Profile and Main Business
10.6.5 Xiamen Kehua Shuneng Technology Co., Ltd. Recent Developments
10.7 Goldwind Science&Technology Co.,Ltd.
10.7.1 Goldwind Science&Technology Co.,Ltd. Company Information, Head Office, Market Area, and Industry Position
10.7.2 Goldwind Science&Technology Co.,Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.7.3 Goldwind Science&Technology Co.,Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.7.4 Goldwind Science&Technology Co.,Ltd. Company Profile and Main Business
10.7.5 Goldwind Science&Technology Co.,Ltd. Recent Developments
10.8 Envision Group
10.8.1 Envision Group Company Information, Head Office, Market Area, and Industry Position
10.8.2 Envision Group Grid Forming Energy Storage System Models, Specifications, and Application
10.8.3 Envision Group Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.8.4 Envision Group Company Profile and Main Business
10.8.5 Envision Group Recent Developments
10.9 Beijing Soaring Electric Technology Co., Ltd.
10.9.1 Beijing Soaring Electric Technology Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.9.2 Beijing Soaring Electric Technology Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.9.3 Beijing Soaring Electric Technology Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.9.4 Beijing Soaring Electric Technology Co., Ltd. Company Profile and Main Business
10.9.5 Beijing Soaring Electric Technology Co., Ltd. Recent Developments
10.10 Beijing Hyperstrong Technology Co., Ltd.
10.10.1 Beijing Hyperstrong Technology Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.10.2 Beijing Hyperstrong Technology Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.10.3 Beijing Hyperstrong Technology Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.10.4 Beijing Hyperstrong Technology Co., Ltd. Company Profile and Main Business
10.10.5 Beijing Hyperstrong Technology Co., Ltd. Recent Developments
10.11 CRRC Zhuzhou Institute Co., Ltd.
10.11.1 CRRC Zhuzhou Institute Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.11.2 CRRC Zhuzhou Institute Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.11.3 CRRC Zhuzhou Institute Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.11.4 CRRC Zhuzhou Institute Co., Ltd. Company Profile and Main Business
10.11.5 CRRC Zhuzhou Institute Co., Ltd. Recent Developments
10.12 Sieyuan Qingneng Electric & Electronics Co., Ltd.
10.12.1 Sieyuan Qingneng Electric & Electronics Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.12.2 Sieyuan Qingneng Electric & Electronics Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.12.3 Sieyuan Qingneng Electric & Electronics Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.12.4 Sieyuan Qingneng Electric & Electronics Co., Ltd. Company Profile and Main Business
10.12.5 Sieyuan Qingneng Electric & Electronics Co., Ltd. Recent Developments
10.13 TBEA
10.13.1 TBEA Company Information, Head Office, Market Area, and Industry Position
10.13.2 TBEA Grid Forming Energy Storage System Models, Specifications, and Application
10.13.3 TBEA Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.13.4 TBEA Company Profile and Main Business
10.13.5 TBEA Recent Developments
10.14 Shenzhen Hopewind Electric Co.,Ltd.
10.14.1 Shenzhen Hopewind Electric Co.,Ltd. Company Information, Head Office, Market Area, and Industry Position
10.14.2 Shenzhen Hopewind Electric Co.,Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.14.3 Shenzhen Hopewind Electric Co.,Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.14.4 Shenzhen Hopewind Electric Co.,Ltd. Company Profile and Main Business
10.14.5 Shenzhen Hopewind Electric Co.,Ltd. Recent Developments
10.15 Guangzhou Zhiguang Electric Co., Ltd.
10.15.1 Guangzhou Zhiguang Electric Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.15.2 Guangzhou Zhiguang Electric Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.15.3 Guangzhou Zhiguang Electric Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.15.4 Guangzhou Zhiguang Electric Co., Ltd. Company Profile and Main Business
10.15.5 Guangzhou Zhiguang Electric Co., Ltd. Recent Developments
10.16 Shenzhen Sinexcel Electric Co., Ltd.
10.16.1 Shenzhen Sinexcel Electric Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
10.16.2 Shenzhen Sinexcel Electric Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
10.16.3 Shenzhen Sinexcel Electric Co., Ltd. Grid Forming Energy Storage System Sales Volume, Revenue, Price and Gross Margin, 2020-2025
10.16.4 Shenzhen Sinexcel Electric Co., Ltd. Company Profile and Main Business
10.16.5 Shenzhen Sinexcel Electric Co., Ltd. Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Tables & Figures:
List of Tables
Table 1. Grid Forming Energy Storage System Market Size & CAGR: China VS Global, 2020-2031, US$ Million
Table 2. Grid Forming Energy Storage System Market Restraints
Table 3. Grid Forming Energy Storage System Market Trends
Table 4. Grid Forming Energy Storage System Industry Policy
Table 5. Global Grid Forming Energy Storage System Revenue by Company, 2020-2025, US$ million
Table 6. Global Grid Forming Energy Storage System Revenue Market Share by Company, 2020-2025
Table 7. Global Grid Forming Energy Storage System Sales Volume by Company, 2020-2025, (Units)
Table 8. Global Grid Forming Energy Storage System Sales Volume by Company, 2020-2025
Table 9. Global Grid Forming Energy Storage System Price by Company, 2020-2025, (US$/Unit)
Table 10. Global Grid Forming Energy Storage System Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 11. Global Grid Forming Energy Storage System Mergers & Acquisitions, Expansion Plans
Table 12. Global Grid Forming Energy Storage System Manufacturers Product Type
Table 13. China Grid Forming Energy Storage System Revenue by Company, 2020-2025, US$ million
Table 14. China Grid Forming Energy Storage System Revenue Market Share by Company, 2020-2025
Table 15. China Grid Forming Energy Storage System Sales Volume by Company, 2020-2025, (Units)
Table 16. China Grid Forming Energy Storage System Sales Volume Market Share by Company, 2020-2025
Table 17. China Market, Grid Forming Energy Storage System Production, Sales, Import and Export, 2020-2025, (Units)
Table 18. China Market, Grid Forming Energy Storage System Production, Sales, Import and Export, 2020-2031, (Units)
Table 19. China Grid Forming Energy Storage System Import & Export Trends
Table 20. Main Sources of China Grid Forming Energy Storage System Import
Table 21. Export Destination of China Grid Forming Energy Storage System
Table 22. Global Headquarters and Manufacturing Base of Grid Forming Energy Storage System Manufacturers
Table 23. Global Major Manufacturers, Grid Forming Energy Storage System Capacity Expansion and Future Plans
Table 24. Global Grid Forming Energy Storage System Production & Forecast by Region, 2020 VS 2024 VS 2031, (Units)
Table 25. Global Grid Forming Energy Storage System Production by Region, 2020-2025, (Units)
Table 26. Global Grid Forming Energy Storage System Production Forecast by Region, 2026-2031, (Units)
Table 27. Global Key Players of Grid Forming Energy Storage System Upstream (Raw Materials)
Table 28. Global Grid Forming Energy Storage System Typical Customers
Table 29. Grid Forming Energy Storage System Typical Distributors
Table 30. by Type, Global Grid Forming Energy Storage System Revenue & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 31. by Application, Global Grid Forming Energy Storage System Revenue & CAGR, 2020 VS 2024 VS 2031, US$ Million
Table 32. By Region, Global Grid Forming Energy Storage System Market Size, 2020 VS 2024 VS 2031, US$ Million
Table 33. By Region, Global Grid Forming Energy Storage System Revenue, 2020-2031, US$ Million
Table 34. By Region, Global Grid Forming Energy Storage System Revenue, 2026-2031, US$ Million
Table 35. By Region, Global Grid Forming Energy Storage System Sales Volume, 2020-2025, (Units)
Table 36. By Region, Global Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Table 37. By Country, Global Grid Forming Energy Storage System Revenue & CAGR，2020 VS 2024 VS 2031, US$ Million
Table 38. By Country, Global Grid Forming Energy Storage System Revenue, 2020-2025, US$ Million
Table 39. By Country, Global Grid Forming Energy Storage System Revenue, 2026-2031, US$ Million
Table 40. By Country, Global Grid Forming Energy Storage System Revenue Market Share, 2020-2025
Table 41. By Country, Global Grid Forming Energy Storage System Revenue Market Share, 2026-2031
Table 42. By Country, Global Grid Forming Energy Storage System Sales Volume, 2020-2025, (Units)
Table 43. By Country, Global Grid Forming Energy Storage System Sales Volume, 2026-2031, (Units)
Table 44. By Country, Global Grid Forming Energy Storage System Sales Volume Market Share, 2020-2025
Table 45. By Country, Global Grid Forming Energy Storage System Sales Volume Market Share, 2026-2031
Table 46. SMA Solar Technology AG Company Information, Head Office, Market Area, and Industry Position
Table 47. SMA Solar Technology AG Grid Forming Energy Storage System Models, Specifications, and Application
Table 48. SMA Solar Technology AG Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 49. SMA Solar Technology AG Company Profile and Main Business
Table 50. SMA Solar Technology AG Recent Developments
Table 51. Huawei Digital Power Technologies Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 52. Huawei Digital Power Technologies Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 53. Huawei Digital Power Technologies Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 54. Huawei Digital Power Technologies Co., Ltd. Company Profile and Main Business
Table 55. Huawei Digital Power Technologies Co., Ltd. Recent Developments
Table 56. Shanghai Smart Control Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 57. Shanghai Smart Control Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 58. Shanghai Smart Control Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 59. Shanghai Smart Control Co., Ltd. Company Profile and Main Business
Table 60. Shanghai Smart Control Co., Ltd. Recent Developments
Table 61. Sungrow Power Supply Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 62. Sungrow Power Supply Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 63. Sungrow Power Supply Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 64. Sungrow Power Supply Co., Ltd. Company Profile and Main Business
Table 65. Sungrow Power Supply Co., Ltd. Recent Developments
Table 66. NREC Company Information, Head Office, Market Area, and Industry Position
Table 67. NREC Grid Forming Energy Storage System Models, Specifications, and Application
Table 68. NREC Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 69. NREC Company Profile and Main Business
Table 70. NREC Recent Developments
Table 71. Xiamen Kehua Shuneng Technology Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 72. Xiamen Kehua Shuneng Technology Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 73. Xiamen Kehua Shuneng Technology Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 74. Xiamen Kehua Shuneng Technology Co., Ltd. Company Profile and Main Business
Table 75. Xiamen Kehua Shuneng Technology Co., Ltd. Recent Developments
Table 76. Goldwind Science&Technology Co.,Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 77. Goldwind Science&Technology Co.,Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 78. Goldwind Science&Technology Co.,Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 79. Goldwind Science&Technology Co.,Ltd. Company Profile and Main Business
Table 80. Goldwind Science&Technology Co.,Ltd. Recent Developments
Table 81. Envision Group Company Information, Head Office, Market Area, and Industry Position
Table 82. Envision Group Grid Forming Energy Storage System Models, Specifications, and Application
Table 83. Envision Group Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 84. Envision Group Company Profile and Main Business
Table 85. Envision Group Recent Developments
Table 86. Beijing Soaring Electric Technology Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 87. Beijing Soaring Electric Technology Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 88. Beijing Soaring Electric Technology Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 89. Beijing Soaring Electric Technology Co., Ltd. Company Profile and Main Business
Table 90. Beijing Soaring Electric Technology Co., Ltd. Recent Developments
Table 91. Beijing Hyperstrong Technology Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 92. Beijing Hyperstrong Technology Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 93. Beijing Hyperstrong Technology Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 94. Beijing Hyperstrong Technology Co., Ltd. Company Profile and Main Business
Table 95. Beijing Hyperstrong Technology Co., Ltd. Recent Developments
Table 96. CRRC Zhuzhou Institute Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 97. CRRC Zhuzhou Institute Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 98. CRRC Zhuzhou Institute Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 99. CRRC Zhuzhou Institute Co., Ltd. Company Profile and Main Business
Table 100. CRRC Zhuzhou Institute Co., Ltd. Recent Developments
Table 101. Sieyuan Qingneng Electric & Electronics Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 102. Sieyuan Qingneng Electric & Electronics Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 103. Sieyuan Qingneng Electric & Electronics Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 104. Sieyuan Qingneng Electric & Electronics Co., Ltd. Company Profile and Main Business
Table 105. Sieyuan Qingneng Electric & Electronics Co., Ltd. Recent Developments
Table 106. TBEA Company Information, Head Office, Market Area, and Industry Position
Table 107. TBEA Grid Forming Energy Storage System Models, Specifications, and Application
Table 108. TBEA Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 109. TBEA Company Profile and Main Business
Table 110. TBEA Recent Developments
Table 111. Shenzhen Hopewind Electric Co.,Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 112. Shenzhen Hopewind Electric Co.,Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 113. Shenzhen Hopewind Electric Co.,Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 114. Shenzhen Hopewind Electric Co.,Ltd. Company Profile and Main Business
Table 115. Shenzhen Hopewind Electric Co.,Ltd. Recent Developments
Table 116. Guangzhou Zhiguang Electric Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 117. Guangzhou Zhiguang Electric Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 118. Guangzhou Zhiguang Electric Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 119. Guangzhou Zhiguang Electric Co., Ltd. Company Profile and Main Business
Table 120. Guangzhou Zhiguang Electric Co., Ltd. Recent Developments
Table 121. Shenzhen Sinexcel Electric Co., Ltd. Company Information, Head Office, Market Area, and Industry Position
Table 122. Shenzhen Sinexcel Electric Co., Ltd. Grid Forming Energy Storage System Models, Specifications, and Application
Table 123. Shenzhen Sinexcel Electric Co., Ltd. Grid Forming Energy Storage System Sales Volume (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin, 2020-2025
Table 124. Shenzhen Sinexcel Electric Co., Ltd. Company Profile and Main Business
Table 125. Shenzhen Sinexcel Electric Co., Ltd. Recent Developments
List of Figures
Figure 1. Grid Forming Energy Storage System Picture
Figure 2. By Revenue, Global Grid Forming Energy Storage System Market Size and Forecast, 2020-2031, US$ Million
Figure 3. By Sales Volume, Global Grid Forming Energy Storage System Market Size and Forecast, 2020-2031, (Units)
Figure 4. Global Grid Forming Energy Storage System Price Trend, 2020-2031, (US$/Unit)
Figure 5. By Revenue, China Grid Forming Energy Storage System Market Size and Forecast, 2020-2031, US$ million
Figure 6. By Sales Volume, China Grid Forming Energy Storage System Market Size and Forecast, 2020-2031, (Units)
Figure 7. China Grid Forming Energy Storage System Price Trend, 2020-2031 (US$/Unit)
Figure 8. By Revenue, China Grid Forming Energy Storage System Share of Global Market, 2020-2031
Figure 9. By Sales Volume, China Grid Forming Energy Storage System Share of Global Market, 2020-2031
Figure 10. Global Grid Forming Energy Storage System Key Participants, Market Share, 2023 VS 2024 VS 2025
Figure 11. Global Grid Forming Energy Storage System Market Share by Company, (Tier 1, Tier 2, and Tier 3), 2024
Figure 12. China Grid Forming Energy Storage System Key Participants, Market Share, 2023 VS 2024 VS 2025
Figure 13. China Grid Forming Energy Storage System Key Participants, Market Share, 2024
Figure 14. China Grid Forming Energy Storage System Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2020-2025
Figure 15. Chinese Local Players, Proportion of Grid Forming Energy Storage System Domestic VS Export, 2024
Figure 16. Global Grid Forming Energy Storage System Capacity, Production and Capacity Utilization, 2020-2031
Figure 17. Global Grid Forming Energy Storage System Capacity Market Share by Region, 2024 VS 2031
Figure 18. Global Grid Forming Energy Storage System Production Market Share & Forecast by Region, 2020-2031
Figure 19. Grid Forming Energy Storage System Industry Chain
Figure 20. Grid Forming Energy Storage System Procurement Model
Figure 21. Grid Forming Energy Storage System Sales Model
Figure 22. Grid Forming Energy Storage System Sales Channels, Direct Sales, and Distribution
Figure 23. Centralized Grid Forming Energy Storage System
Figure 24. String-type Grid Forming Energy Storage System
Figure 25. by Type, Global Grid Forming Energy Storage System Revenue, 2020-2031, US$ Million
Figure 26. by Type, Global Grid Forming Energy Storage System Revenue Market Share, 2020-2031
Figure 27. by Type, Global Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 28. by Type, Global Grid Forming Energy Storage System Sales Volume Market Share, 2020-2031
Figure 29. by Type, Global Grid Forming Energy Storage System Price, 2020-2031, (US$/Unit)
Figure 30. Low Voltage Energy Storage System
Figure 31. High Voltage Energy Storage System
Figure 32. by Application, Global Grid Forming Energy Storage System Revenue, 2020-2031, US$ Million
Figure 33. by Application, Global Grid Forming Energy Storage System Revenue Market Share, 2020-2031
Figure 34. by Application, Global Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 35. by Application, Global Grid Forming Energy Storage System Sales Volume Market Share, 2020-2031
Figure 36. by Application, Global Grid Forming Energy Storage System Price, 2020-2031, (US$/Unit)
Figure 37. By Region, Global Grid Forming Energy Storage System Revenue Market Share, 2020-2031
Figure 38. By Region, Global Grid Forming Energy Storage System Sales Volume Market Share, 2020-2031
Figure 39. North America Grid Forming Energy Storage System Revenue & Forecasts, 2020-2031, US$ Million
Figure 40. By Country, North America Grid Forming Energy Storage System Revenue Market Share, 2024
Figure 41. Europe Grid Forming Energy Storage System Revenue & Forecasts, 2020-2031, US$ Million
Figure 42. By Country, Europe Grid Forming Energy Storage System Revenue Market Share, 2024
Figure 43. Asia Pacific Grid Forming Energy Storage System Revenue & Forecasts, 2020-2031, US$ Million
Figure 44. By Country/Region, Asia Pacific Grid Forming Energy Storage System Revenue Market Share, 2024
Figure 45. South America Grid Forming Energy Storage System Revenue & Forecasts, 2020-2031, US$ Million
Figure 46. By Country, South America Grid Forming Energy Storage System Revenue Market Share, 2024
Figure 47. Middle East & Africa Grid Forming Energy Storage System Revenue & Forecasts, 2020-2031, US$ Million
Figure 48. United States Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 49. By Company, United States Grid Forming Energy Storage System Market Share, 2024
Figure 50. by Type, United States Grid Forming Energy Storage System Sales Volume Market Share, 2024 VS 2031
Figure 51. by Application, United States Grid Forming Energy Storage System Sales Volume Market Share, 2024 VS 2031
Figure 52. Europe Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 53. By Company, Europe Grid Forming Energy Storage System Market Share, 2024
Figure 54. by Type, Europe Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 55. by Application, Europe Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 56. China Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 57. By Company, China Grid Forming Energy Storage System Market Share, 2024
Figure 58. by Type, China Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 59. by Application, China Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 60. Japan Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 61. By Company, Japan Grid Forming Energy Storage System Market Share, 2024
Figure 62. by Type, Japan Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 63. by Application, Japan Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 64. South Korea Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 65. By Company, South Korea Grid Forming Energy Storage System Market Share, 2024
Figure 66. by Type, South Korea Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 67. by Application, South Korea Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 68. Southeast Asia Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 69. By Company, Southeast Asia Grid Forming Energy Storage System Market Share, 2024
Figure 70. by Type, Southeast Asia Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 71. by Application, Southeast Asia Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 72. India Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 73. By Company, India Grid Forming Energy Storage System Market Share, 2024
Figure 74. by Type, India Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 75. by Application, India Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 76. Middle East & Africa Grid Forming Energy Storage System Sales Volume, 2020-2031, (Units)
Figure 77. By Company, Middle East & Africa Grid Forming Energy Storage System Market Share, 2024
Figure 78. by Type, Middle East & Africa Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 79. by Application, Middle East & Africa Grid Forming Energy Storage System Market Size, Share, 2024 VS 2031
Figure 80. Research Methodology
Figure 81. Breakdown of Primary Interviews
Figure 82. Bottom-up Approaches
Figure 83. Top-down Approaches
Research Methodology:
Grid Forming Energy Storage System Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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