Global Residential Solar Energy Storage Market Research Report 2024

The residential energy storage solutions feature robust, maintenance-free Trojan Solar AGM batteries, which are designed to not only provide emergency backup power capabilities during devastating storms, grid brownouts and blackouts, but can also be used to provide supplemental off-grid power.

Residential Solar Energy Storage is usually no more than 30KWh.

The global Residential Solar Energy Storage market was valued at US$ 2060.5 million in 2023 and is anticipated to reach US$ 13770 million by 2030, witnessing a CAGR of 30.8% during the forecast period 2024-2030.

In USA market, residential solar energy storage is mainly classified into the following types: li-ion battery and lead-acid battery. Li-ion battery is the most widely used type which takes up around 97% of the total in 2019 in the US market.

Residential solar energy storage is used in collective house and detached house. Detached house was the most widely used area which took up nearly about 58.4% of the U.S. total in 2019.

East Penn Manufacturing, LG Chem, BYD, Panasonic, Tesla, Samsung SDI, Sonnen, Saft, A123 Systems, Enphase Energy, E-On Batteries, Electriq Power, etc. are the key suppliers in the U.S. residential solar energy storage market. Top 3 took up about 80% of the U.S. market in 2019.

This report aims to provide a comprehensive presentation of the global market for Residential Solar Energy Storage, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Solar Energy Storage.

Report Scope

The Residential Solar Energy Storage market size, estimations, and forecasts are provided in terms of output/shipments (KWh) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Solar Energy Storage market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Residential Solar Energy Storage manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Tesla

LG Chem

East Penn Manufacturing

Sonnen

A123 Systems

Panasonic

Electriq Power

Enphase Energy

Exide Technologies

E-On Batteries

Samsung SDI

Saft

HOPPECKE Batterien

BYD


Segment by Type


Li-Ion

Lead-Acid


Segment by Application


Collective House

Detached House


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Residential Solar Energy Storage manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Residential Solar Energy Storage by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Residential Solar Energy Storage in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Frequently Asked Questions