Abstract
This report provides a comprehensive analysis of the global Lithium-Ion Storage System EPC market, examining the integrated engineering, procurement, and construction lifecycle. It evaluates market dynamics, growth trajectories, and competitive landscapes across key regions, including the United States, China, and Europe. By segmenting the industry by project size, application, and geography, the study identifies emerging opportunities and strategic maneuvers of major players like CATL and China Energy Engineering Group within an accelerating energy storage sector.
Related Questions
China Energy Engineering Group, Contemporary Amperex Technology (CATL), Shandong Electrical Engineering & Equipment Group (SDEE), Xi'an JD Energy, SunGrid, Mortenson, China Southern Power Grid Technology, XJ Electric Corporation, Quanta Services, NextEra Energy Resources, LLC, McCarthy, Black & Veatch, DEPCOM Power, Primoris Services Corporation
Summary
Market Overview
The global Lithium-Ion Storage System EPC market is projected to experience significant growth from 2025 through 2032, expanding at a steady compound annual growth rate throughout the forecast period.
Industry Definition & Process
Lithium-ion storage system EPC (Engineering, Procurement, and Construction) refers to an integrated service model encompassing engineering, procurement, and construction. In the application of lithium-ion energy storage systems, the EPC model typically involves three main stages:
- 1. Engineering: This stage focuses on the overall design of the lithium-ion energy storage system. It includes the formulation of technical solutions, system configuration optimization, and related engineering design work. Key considerations during this stage include the scale of the energy storage system, application scenarios, safety, efficiency, cost, and compatibility with the power grid.
- 2. Procurement: During this stage, the EPC contractor purchases equipment and materials based on the specific requirements of the engineering design. For lithium-ion energy storage systems, procurement primarily includes key components such as lithium-ion battery cells, battery management systems (BMS), energy management systems (EMS), converters (PCS), battery racks, cables, and other related auxiliary equipment and materials.
- 3. Construction: This stage involves the physical building of the designed lithium-ion energy storage system, including civil engineering, equipment installation, electrical connection, system debugging, and trial operation. This phase ensures that all components are correctly installed according to design requirements to guarantee the safe and reliable operation of the entire energy storage system.
Key Characteristics: The defining characteristic of the Lithium-Ion Storage System EPC model is that the contractor assumes responsibility for the entire project lifecycle, from design to construction. This allows the owner to interface solely with the EPC contractor, which simplifies project management and improves implementation efficiency. The EPC model is widely utilized in various global infrastructure projects, including new energy power generation and energy storage systems.
Regional Market Analysis
Global Market Trends
The global market is expected to see sustained growth and expansion from 2025 to 2032.
United States
The United States market for Lithium-Ion Storage System EPC is estimated to increase from 2025 through 2032, maintaining a consistent compound annual growth rate.
China
The China market for Lithium-Ion Storage System EPC is estimated to increase from 2025 through 2032, maintaining a consistent compound annual growth rate.
Europe
The Europe market for Lithium-Ion Storage System EPC is estimated to increase from 2025 through 2032, maintaining a consistent compound annual growth rate.
Market Segmentation
By Project Size Type
- Small Energy Storage System EPC
- Medium Energy Storage System EPC
- Large Energy Storage System EPC
By Application
- Electric Network Side
- Power Side
- Utility Side
By Geography
- Americas: United States, Canada, Mexico, Brazil
- APAC: China, Japan, Korea, Southeast Asia, India, Australia
- Europe: Germany, France, UK, Italy, Russia
- Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries
Competitive Landscape
Key Players
The following companies have been profiled based on primary expert input and analysis of their coverage, product portfolios, and market penetration:
- China Energy Engineering Group
- Contemporary Amperex Technology (CATL)
- Shandong Electrical Engineering & Equipment Group (SDEE)
- Xi'an JD Energy
- SunGrid
- Mortenson
- China Southern Power Grid Technology
- XJ Electric Corporation
- Quanta Services
- NextEra Energy Resources, LLC
- McCarthy
- Black & Veatch
- DEPCOM Power
- Primoris Services Corporation
Market Concentration
In terms of revenue, the global two largest companies occupied a significant market share in 2025.
About the LPI (LP Information) Report
LPI (LP Information)'s newest research report, the “Lithium-Ion Storage System EPC Industry Forecast,” reviews total world Lithium-Ion Storage System EPC sales in 2025. It provides a comprehensive analysis by region and market sector of projected sales for 2026 through 2032. The report offers a detailed analysis in US$ millions, with sales broken down by region, market sector, and sub-sector.
Report Scope & Insights: This Insight Report provides a comprehensive analysis of the global landscape, highlighting key trends related to:
- Product segmentation
- Company formation
- Revenue and market share
- Latest developments and M&A activity
Furthermore, the report analyzes the strategies of leading global companies, focusing on their Lithium-Ion Storage System EPC portfolios and capabilities, market entry strategies, market positions, and geographic footprints. This analysis aims to provide an understanding of these firms' unique positions within an accelerating global market.
Methodology & Forecast Capabilities: The report evaluates key market trends, drivers, and affecting factors shaping the global outlook. It breaks down forecasts by Project Size Type, Application, geography, and market size to highlight emerging pockets of opportunity. Utilizing a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, the study offers a highly nuanced view of the current state and future trajectory of the global Lithium-Ion Storage System EPC industry.
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Lithium-Ion Storage System EPC Market Size (2021-2032)
2.1.2 Lithium-Ion Storage System EPC Market Size CAGR by Region (2021 VS 2025 VS 2032)
2.1.3 World Current & Future Analysis for Lithium-Ion Storage System EPC by Country/Region (2021, 2025 & 2032)
2.2 Lithium-Ion Storage System EPC Segment by Project Size Type
2.2.1 Small Energy Storage System EPC
2.2.2 Medium Energy Storage System EPC
2.2.3 Large Energy Storage System EPC
2.2.4 Lithium-Ion Storage System EPC Market Size by Project Size Type
- 2.2.4.1 Lithium-Ion Storage System EPC Market Size CAGR by Project Size Type (2021 VS 2025 VS 2032)
- 2.2.4.2 Global Lithium-Ion Storage System EPC Market Size Market Share by Project Size Type (2021-2026)
2.3 Lithium-Ion Storage System EPC Segment by Application
2.3.1 Electric Network Side
2.3.2 Power Side
2.3.3 Utility Side
2.3.4 Lithium-Ion Storage System EPC Market Size by Application
- 2.3.4.1 Lithium-Ion Storage System EPC Market Size CAGR by Application (2021 VS 2025 VS 2032)
- 2.3.4.2 Global Lithium-Ion Storage System EPC Market Size Market Share by Application (2021-2026)
3 Lithium-Ion Storage System EPC Market Size by Player
3.1 Lithium-Ion Storage System EPC Market Size Market Share by Player
3.1.1 Global Lithium-Ion Storage System EPC Revenue by Player (2021-2026)
3.1.2 Global Lithium-Ion Storage System EPC Revenue Market Share by Player (2021-2026)
3.2 Global Lithium-Ion Storage System EPC Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2024-2026)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Lithium-Ion Storage System EPC by Region
4.1 Lithium-Ion Storage System EPC Market Size by Region (2021-2026)
4.2 Global Lithium-Ion Storage System EPC Annual Revenue by Country/Region (2021-2026)
4.3 Americas Lithium-Ion Storage System EPC Market Size Growth (2021-2026)
4.4 APAC Lithium-Ion Storage System EPC Market Size Growth (2021-2026)
4.5 Europe Lithium-Ion Storage System EPC Market Size Growth (2021-2026)
4.6 Middle East & Africa Lithium-Ion Storage System EPC Market Size Growth (2021-2026)
5 Americas
5.1 Americas Lithium-Ion Storage System EPC Market Size by Country (2021-2026)
5.2 Americas Lithium-Ion Storage System EPC Market Size by Project Size Type (2021-2026)
5.3 Americas Lithium-Ion Storage System EPC Market Size by Application (2021-2026)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Lithium-Ion Storage System EPC Market Size by Region (2021-2026)
6.2 APAC Lithium-Ion Storage System EPC Market Size by Project Size Type (2021-2026)
6.3 APAC Lithium-Ion Storage System EPC Market Size by Application (2021-2026)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Lithium-Ion Storage System EPC Market Size by Country (2021-2026)
7.2 Europe Lithium-Ion Storage System EPC Market Size by Project Size Type (2021-2026)
7.3 Europe Lithium-Ion Storage System EPC Market Size by Application (2021-2026)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Lithium-Ion Storage System EPC by Region (2021-2026)
8.2 Middle East & Africa Lithium-Ion Storage System EPC Market Size by Project Size Type (2021-2026)
8.3 Middle East & Africa Lithium-Ion Storage System EPC Market Size by Application (2021-2026)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Lithium-Ion Storage System EPC Market Forecast
10.1 Global Lithium-Ion Storage System EPC Forecast by Region (2027-2032)
10.1.1 Global Lithium-Ion Storage System EPC Forecast by Region (2027-2032)
10.1.2 Americas Lithium-Ion Storage System EPC Forecast
10.1.3 APAC Lithium-Ion Storage System EPC Forecast
10.1.4 Europe Lithium-Ion Storage System EPC Forecast
10.1.5 Middle East & Africa Lithium-Ion Storage System EPC Forecast
10.2 Americas Lithium-Ion Storage System EPC Forecast by Country (2027-2032)
10.2.1 United States Market Lithium-Ion Storage System EPC Forecast
10.2.2 Canada Market Lithium-Ion Storage System EPC Forecast
10.2.3 Mexico Market Lithium-Ion Storage System EPC Forecast
10.2.4 Brazil Market Lithium-Ion Storage System EPC Forecast
10.3 APAC Lithium-Ion Storage System EPC Forecast by Region (2027-2032)
10.3.1 China Lithium-Ion Storage System EPC Market Forecast
10.3.2 Japan Market Lithium-Ion Storage System EPC Forecast
10.3.3 Korea Market Lithium-Ion Storage System EPC Forecast
10.3.4 Southeast Asia Market Lithium-Ion Storage System EPC Forecast
10.3.5 India Market Lithium-Ion Storage System EPC Forecast
10.3.6 Australia Market Lithium-Ion Storage System EPC Forecast
10.4 Europe Lithium-Ion Storage System EPC Forecast by Country (2027-2032)
10.4.1 Germany Market Lithium-Ion Storage System EPC Forecast
10.4.2 France Market Lithium-Ion Storage System EPC Forecast
10.4.3 UK Market Lithium-Ion Storage System EPC Forecast
10.4.4 Italy Market Lithium-Ion Storage System EPC Forecast
10.4.5 Russia Market Lithium-Ion Storage System EPC Forecast
10.5 Middle East & Africa Lithium-Ion Storage System EPC Forecast by Region (2027-2032)
10.5.1 Egypt Market Lithium-Ion Storage System EPC Forecast
10.5.2 South Africa Market Lithium-Ion Storage System EPC Forecast
10.5.3 Israel Market Lithium-Ion Storage System EPC Forecast
10.5.4 Turkey Market Lithium-Ion Storage System EPC Forecast
10.6 Global Lithium-Ion Storage System EPC Forecast by Project Size Type (2027-2032)
10.7 Global Lithium-Ion Storage System EPC Forecast by Application (2027-2032)
10.7.1 GCC Countries Market Lithium-Ion Storage System EPC Forecast
11 Key Players Analysis
11.1 China Energy Engineering Group
11.1.1 China Energy Engineering Group Company Information
11.1.2 China Energy Engineering Group Lithium-Ion Storage System EPC Product Offered
11.1.3 China Energy Engineering Group Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.1.4 China Energy Engineering Group Main Business Overview
11.1.5 China Energy Engineering Group Latest Developments
11.2 Contemporary Amperex Technology (CATL)
11.2.1 Contemporary Amperex Technology (CATL) Company Information
11.2.2 Contemporary Amperex Technology (CATL) Lithium-Ion Storage System EPC Product Offered
11.2.3 Contemporary Amperex Technology (CATL) Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.2.4 Contemporary Amperex Technology (CATL) Main Business Overview
11.2.5 Contemporary Amperex Technology (CATL) Latest Developments
11.3 Shandong Electrical Engineering & Equipment Group (SDEE)
11.3.1 Shandong Electrical Engineering & Equipment Group (SDEE) Company Information
11.3.2 Shandong Electrical Engineering & Equipment Group (SDEE) Lithium-Ion Storage System EPC Product Offered
11.3.3 Shandong Electrical Engineering & Equipment Group (SDEE) Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.3.4 Shandong Electrical Engineering & Equipment Group (SDEE) Main Business Overview
11.3.5 Shandong Electrical Engineering & Equipment Group (SDEE) Latest Developments
11.4 Xi'an JD Energy
11.4.1 Xi'an JD Energy Company Information
11.4.2 Xi'an JD Energy Lithium-Ion Storage System EPC Product Offered
11.4.3 Xi'an JD Energy Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.4.4 Xi'an JD Energy Main Business Overview
11.4.5 Xi'an JD Energy Latest Developments
11.5 SunGrid
11.5.1 SunGrid Company Information
11.5.2 SunGrid Lithium-Ion Storage System EPC Product Offered
11.5.3 SunGrid Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.5.4 SunGrid Main Business Overview
11.5.5 SunGrid Latest Developments
11.6 Mortenson
11.6.1 Mortenson Company Information
11.6.2 Mortenson Lithium-Ion Storage System EPC Product Offered
11.6.3 Mortenson Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.6.4 Mortenson Main Business Overview
11.6.5 Mortenson Latest Developments
11.7 China Southern Power Grid Technology
11.7.1 China Southern Power Grid Technology Company Information
11.7.2 China Southern Power Grid Technology Lithium-Ion Storage System EPC Product Offered
11.7.3 China Southern Power Grid Technology Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.7.4 China Southern Power Grid Technology Main Business Overview
11.7.5 China Southern Power Grid Technology Latest Developments
11.8 XJ Electric Corporation
11.8.1 XJ Electric Corporation Company Information
11.8.2 XJ Electric Corporation Lithium-Ion Storage System EPC Product Offered
11.8.3 XJ Electric Corporation Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.8.4 XJ Electric Corporation Main Business Overview
11.8.5 XJ Electric Corporation Latest Developments
11.9 Quanta Services
11.9.1 Quanta Services Company Information
11.9.2 Quanta Services Lithium-Ion Storage System EPC Product Offered
11.9.3 Quanta Services Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.9.4 Quanta Services Main Business Overview
11.9.5 Quanta Services Latest Developments
11.10 NextEra Energy Resources, LLC
11.10.1 NextEra Energy Resources, LLC Company Information
11.10.2 NextEra Energy Resources, LLC Lithium-Ion Storage System EPC Product Offered
11.10.3 NextEra Energy Resources, LLC Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.10.4 NextEra Energy Resources, LLC Main Business Overview
11.10.5 NextEra Energy Resources, LLC Latest Developments
11.11 McCarthy
11.11.1 McCarthy Company Information
11.11.2 McCarthy Lithium-Ion Storage System EPC Product Offered
11.11.3 McCarthy Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.11.4 McCarthy Main Business Overview
11.11.5 McCarthy Latest Developments
11.12 Black & Veatch
11.12.1 Black & Veatch Company Information
11.12.2 Black & Veatch Lithium-Ion Storage System EPC Product Offered
11.12.3 Black & Veatch Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.12.4 Black & Veatch Main Business Overview
11.12.5 Black & Veatch Latest Developments
11.13 DEPCOM Power
11.13.1 DEPCOM Power Company Information
11.13.2 DEPCOM Power Lithium-Ion Storage System EPC Product Offered
11.13.3 DEPCOM Power Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.13.4 DEPCOM Power Main Business Overview
11.13.5 DEPCOM Power Latest Developments
11.14 Primoris Services Corporation
11.14.1 Primoris Services Corporation Company Information
11.14.2 Primoris Services Corporation Lithium-Ion Storage System EPC Product Offered
11.14.3 Primoris Services Corporation Lithium-Ion Storage System EPC Revenue, Gross Margin and Market Share (2021-2026)
11.14.4 Primoris Services Corporation Main Business Overview
11.14.5 Primoris Services Corporation Latest Developments
12 Research Findings and Conclusion