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Power Conversion Systems in Battery Energy Storage Systems

An in-depth analysis of power conversion systems (PCSs) used in battery energy storage projects.

To meet Carbon Neutral objectives, energy storage deployments are booming globally, bringing both opportunities and challenges for companies involved in the supply chain.

This new report provides insight and in-depth analysis into the market for power conversion systems (PCS) used in battery energy storage systems (BESS), also known as energy storage inverters or hybrid inverters.

What's in the report?

  • What was the installation base for BESS projects across regions in 2022? What’s the installation base expected to reach in 2025 and 2030?
  • How do energy storage policies vary across different regions? How will the policy affect the BESS market prospect and its key components like PCS?
  • How many PCS products are shipped each year and what is the growth potential? What are key drivers and inhibitors?
  • Which applications are the leading end users of energy storage PCSs? Which will provide the greatest opportunity for growth?
  • Which technological trends will impact demand of energy storage PCS?
  • How will PCS prices in 2025 and 2030 compare to 2022?
  • Who were the leading PCS vendors in 2022? How did this vary by region?
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