Residential Solar Energy Storage Market Research Report Forecast to 2030

Residential Solar Energy Storage Market is projected to exhibit a CAGR of 20.0% during the review period. The market for residential energy storage structures has experienced colossal improvement because of the creation development towards economic power inferable from the somewhat long advantages of solar energy. On the other hand, local solar energy storage systems are mechanical assemblies that store energy for use in residential plans at later times. By using residential solar energy storage systems, property holders can use the set-aside wealth of solar energy during power outages, and evenings, further lessening the dependence on electric utility organizations.

The Residential Solar Energy Storage market has filled rapidly in a couple of regions considering the rising change to low carbon energy age to restrict ozone-exhausting substance releases. To show up at their harmless to the ecosystem power energy goals, countries have made gigantic interests in a collection of solar energy storage devices. Using concentrated solar power and wind energy, the residential, non-residential, and utility regions have executed a couple of systems for taking care of and moving power delivered. Considering the somewhat long advantages of solar energy, a climb in the shift toward manageable power is projected to present critical potential for creators of residential solar energy storage systems. During the projected period, this is supposed to help the global market for residential solar energy storage structures stunningly.

Market Segmentation

The Residential Solar Energy Storage Market segmentation, based on Ownership Type has been segmented as Customer-Owned, Utility-Owned, and Third Party-Owned.

Based on Connectivity Type, the Market is divided into On-Grid and Off-Grid.

Based on Power Rating, the Residential Solar Energy Storage Market is segmented as Up to 6 kW and 6 kW to 10 kW. Based on Technology, the Market is divided into Lithium-Ion and Lead-Acid.

Regional Insights

The Asia Pacific Residential Solar Energy Storage market holds the biggest portion of the overall industry and is additionally expected to represent the biggest income share during the estimated time frame. Because of developing stresses over air contamination and fossil fuel byproducts in China and India, the Asia Pacific region is expected to introduce significant potential for the global market of residential solar energy storage frameworks over the gauge period.

In addition, demand for power is rising fundamentally in the region attributable to the developing populace, urbanization, and expanding dependence on electronic gadgets. Residential solar energy storage can successfully assist in gathering this quickly developing power with demand by giving the property holders a manageable and dependable wellspring of power, further raising the demand for residential solar energy storage.

Major Players

Key Companies in the Residential Solar Energy Storage Market include BYD Co. Ltd. (China), Siemens AG (Germany), Schneider Electric (France), Samsung SDI Co., Ltd. (South Korea), Eaton Corporation (Ireland), Tesla Energy (US), LG Chem Ltd. (South Korea), SMA Solar Technology AG (Germany), Eguana Technologies (Canada), Huawei (China), EnerSys (India), Tabuchi Electric Co. Ltd., (Japan), SunPower Corporation (California), Kyocera Corporation (Japan), and Sonnen GmbH (Germany).

Product Code: MRFR/E&P/8546-CR

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY OWNERSHIP TYPE
- 1.1.2 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY POWER RATING
- 1.1.3 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY CONNECTIVITY TYPE
- 1.1.4 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY TECHNOLOGY
- 1.1.5 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP DOWN & BOTTOM UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS

4 MARKET INSIGHTS

5 MARKET DYNAMICS

5.1 INTRODUCTION
5.2 DRIVERS
- 5.2.1 DECLINING COST OF LITHIUM-ION BATTERIES
- 5.2.2 PARADIGM SHIFT TOWARD LOW CARBON ENERGY GENERATION AMID INCREASING POWER CONSUMPTION
5.3 RESTRAINTS
- 5.3.1 HIGH INITIAL INVESTMENT
5.4 OPPORTUNITIES
- 5.4.1 GOVERNMENT SUBSIDIES FOR SOLAR POWER ACROSS THE WORLD
5.5 IMPACT OF COVID-19 ON GLOBAL ECONOMY
5.6 IMPACT OF COVID-19 ON THE GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET
5.7 SUPPLY CHAIN IMPACT
- 5.7.1 IMPACT ON MANUFACTURER/DEVELOPER
- 5.7.2 IMPACT ON COMPONENT/SERVICES SUPPLIER
- 5.7.3 IMPACT ON DISTRIBUTION/LOGISTICS

6 MARKET FACTOR ANALYSIS

6.1 SUPPLY/VALUE CHAIN ANALYSIS
- 6.1.1 R&D
- 6.1.2 MANUFACTURING & ASSEMBLY
- 6.1.3 DISTRIBUTION & SALES
- 6.1.4 POST-SALES MONITORING
6.2 PORTER'S FIVE FORCES MODEL
- 6.2.1 THREAT OF NEW ENTRANTS
- 6.2.2 BARGAINING POWER OF SUPPLIERS
- 6.2.3 BARGAINING POWER OF BUYERS
- 6.2.4 THREAT OF SUBSTITUTES
- 6.2.5 INTENSITY OF RIVALRY

7 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY OWNERSHIP TYPE

7.1 OVERVIEW
7.2 CUSTOMER-OWNED
- 7.2.1 CUSTOMER-OWNED: MARKET ESTIMATES & FORECAST, BY REGION/COUNTRY, 2023-2030
7.3 UTILITY-OWNED
- 7.3.1 UTILITY-OWNED: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2023-2030
7.4 THIRD PARTY-OWNED
- 7.4.1 THIRD PARTY-OWNED: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2023-2030

8 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY CONNECTIVITY TYPE

8.1 OVERVIEW
8.2 ON-GRID
- 8.2.1 ON-GRID: MARKET ESTIMATES & FORECAST, BY REGION/COUNTRY, 2023-2030
8.3 OFF-GRID
- 8.3.1 OFF-GRID: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2023-2030

9 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY POWER RATING

9.1 OVERVIEW
9.2 UP TO 6 KW
- 9.2.1 UP TO 6 KW: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2023-2030
9.3 6 KW TO 10 KW
- 9.3.1 6 KW TO 10 KW: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2023-2030

10 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY TECHNOLOGY

10.1 OVERVIEW
10.2 LITHIUM-ION
- 10.2.1 LITHIUM-ION: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2023-2030
10.3 LEAD-ACID
- 10.3.1 LEAD-ACID: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2023-2030

11 GLOBAL RESIDENTIAL SOLAR ENERGY STORAGE MARKET, BY REGION

11.1 OVERVIEW
11.2 NORTH AMERICA
- 11.2.1 U.S.
- 11.2.2 CANADA
- 11.2.3 MEXICO
11.3 EUROPE
- 11.3.1 GERMANY
- 11.3.2 FRANCE
- 11.3.3 UK
- 11.3.4 ITALY
- 11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
- 11.4.1 CHINA
- 11.4.2 JAPAN
- 11.4.3 INDIA
- 11.4.4 AUSTRALIA
- 11.4.5 REST OF ASIA PACIFIC
11.5 SOUTH AMERICA
- 11.5.1 BRAZIL
- 11.5.2 ARGENTINA
- 11.5.3 REST OF SOUTH AMERICA
11.6 MIDDLE EAST & AFRICA
- 11.6.1 SAUDI ARABIA
- 11.6.2 UAE
- 11.6.3 SOUTH AFRICA
- 11.6.4 REST OF MIDDLE EAST & AFRICA

12 COMPETITIVE LANDSCAPE

12.1 COMPETITIVE OVERVIEW
12.2 COMPETITIVE BENCHMARKING
12.3 COMPANY MARKET SHARE ANALYSIS
12.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 12.4.1 COLLABORATIONS /ACQUISTIONS AND PRODUCT LAUNCHES

13 COMPANY PROFILES

13.1 BYD COMPANY LTD
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS OFFERED
- 13.1.4 SWOT ANALYSIS
13.2 SIEMENS AG
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFERED
- 13.2.4 SWOT ANALYSIS
13.3 SCHNEIDER ELECTRIC
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 FINANCIAL OVERVIEW
- 13.3.3 PRODUCTS/SERVICES OFFERED
- 13.3.4 SWOT ANALYSIS
- 13.3.5 KEY DEVELOPMENTS
13.4 SAMSUNG SDI CO., LTD.
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS/SERVICES OFFERED
- 13.4.4 SWOT ANALYSIS
13.5 EATON CORPORATION
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 FINANCIAL OVERVIEW
- 13.5.3 PRODUCTS OFFERED
- 13.5.4 SWOT ANALYSIS
13.6 TESLA
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS/SERVICES OFFERED
- 13.6.4 SWOT ANALYSIS
13.7 LG CHEM
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS/SERVICES OFFERED
- 13.7.4 SWOT ANALYSIS
13.8 SMA SOLAR TECHNOLOGY AG
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 FINANCIAL OVERVIEW
- 13.8.3 PRODUCTS/SERVICES OFFERED
- 13.8.4 SWOT ANALYSIS
13.9 EGUANA TECHNOLOGIES
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 FINANCIAL OVERVIEW
- 13.9.3 PRODUCTS/SERVICES OFFERED
- 13.9.4 SWOT ANALYSIS
- 13.9.5 KEY DEVELOPMENTS
13.10 HUAWEI
- 13.10.1 COMPANY OVERVIEW
- 13.10.2 FINANCIAL OVERVIEW
- 13.10.3 PRODUCTS/SERVICES OFFERED
- 13.10.4 KEY DEVELOPMENTS
- 13.10.5 SWOT ANALYSIS
13.11 ENERSYS
- 13.11.1 COMPANY OVERVIEW
- 13.11.2 FINANCIAL OVERVIEW
- 13.11.3 RODUCTS/SERVICES OFFERED
- 13.11.4 SWOT ANALYSIS
13.12 TABUCHI ELECTRIC COMPANY
- 13.12.1 COMPANY OVERVIEW
- 13.12.2 PRODUCTS OFFERINGS
- 13.12.3 SWOT ANALYSIS
13.13 SUNPOWER CORPORATION
- 13.13.1 COMPANY OVERVIEW
- 13.13.2 FINANCIAL OVERVIEW
- 13.13.3 PRODUCTS OFFERINGS
- 13.13.4 SWOT ANALYSIS
13.14 KYOCERA CORPORATION
- 13.14.1 COMPANY OVERVIEW
- 13.14.2 PRODUCTS OFFERINGS
- 13.14.3 SWOT ANALYSIS
13.15 SONNEN GMBH
- 13.15.1 COMPANY OVERVIEW
- 13.15.2 PRODUCTS OFFERINGS
- 13.15.3 SWOT ANALYSIS