PUBLISHER: TechNavio | PRODUCT CODE: 1908799
PUBLISHER: TechNavio | PRODUCT CODE: 1908799
The global solar batteries market is forecasted to grow by USD 7302.4 mn during 2025-2030, accelerating at a CAGR of 12.3% during the forecast period. The report on the global solar batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by proliferation of supportive policies and financial incentives, rapid technological advancements and cost deflation in battery chemistries, escalating demand for grid stability and energy independence.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 11.5% |
| CAGR | 12.3% |
| Incremental Value | $7302.4 mn |
Technavio's global solar batteries market is segmented as below:
By Technology
By End-User
By Capacity
Geography
This study identifies the diversification of battery chemistries and rise of sodium-ion technology as one of the prime reasons driving the global solar batteries market growth during the next few years. Also, institutionalization of virtual power plants (vpps) and grid services and integration of ai-driven energy management systems (ems) will lead to sizable demand in the market.
The report on the global solar batteries market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global solar batteries market vendors that include A123 Systems LLC, Alpha ESS Co.Ltd., BYD Co. Ltd., Contemporary Amperex Ltd., East Penn Manufacture Co. Inc., EnerSys, Exide Industries Ltd., GS Yuasa International Ltd., LG Energy Solution Ltd., Loom Solar Pvt. Ltd., Primus Power Solutions, Renon Power Technology Inc., Samsung SDI Co. Ltd., SolarEdge Technologies Inc., Sunergy Solar, Tesla Inc.. Also, the global solar batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.