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Global Residential Battery Energy Storage Market, Forecast to 2022

Global Residential Battery Energy Storage Market, Forecast to 2022

The residential battery storage market is expected to show enormous growth over the period of 2016 to 2022, from a market of USD744 million in 2016 to USD3.6 billion by 2022. The market is being spurred on by feed-in tariff and net metering revisions in historic residential PV hotspots, subsidies and tax incentives, rapid price reductions in lithium-ion battery prices, and rising electricity tariffs. This is resulting in a shift from policy driven markets for solar power grid trade to self-consumption driven markets. Increasing the business case for such systems, at a time where system prices are still beyond customer acceptance levels for broad based adoption, is an increase in digital integration into these systems. This is allowing for value added functionalities such as electricity aggregation and trade from residential battery cloud based communities, or virtual power plants (VPPS), to the grid under balancing markets for ancillary services. Furthermore, the availability of residential storage increases the attractiveness for customers to enter the demand response market through similar aggregators, further increasing the value stack. Such functionalities allows for the opening up of income streams to customers as well as allowing suppliers to offer system financing support, such as reduced or zero down payment loan, lease or power purchase agreement (PPA) models. Significant reductions in upfront costs to customers through such models, combined with the provision of income streams, cost savings achieved through self-consumption, additional cost saving benefits when combined with electric vehicles, and the benefits of a reliable, green energy supply to customers is expected to drive this market forward, even before system price reductions have reached levels seen as acceptable for broad based adoption. Germany and Japan currently represent the largest markets for residential storage by a significant margin, but considering the above drivers, the market is expected to diversify significantly, with the US and Australia representing the two largest break-out markets and other European markets of Italy and the UK to show significant growth.

Key Issues Addressed
Where is the opportunity and what are the key levers for growth?
What are the presiding policies influencing the market by country?
What are the developing business models?
What is the structure of the distribution channel and who are the key players?
Who are the key suppliers, what are their market shares and what are their products?


  • Executive Summary
    • Key Takeaways by Country
    • Market Engineering Measurements
    • CEO's 360 Degree Perspective
    • Trends by Country
      • Table Market Growth Levers and Key Winners, Select Countries, 2016-2022
    • Market Share of Battery Storage System Suppliers
  • Global Market Overview
    • Market Definitions
    • Market Engineering Measurements
      • Table Residential Battery Energy Storage Market: Market Engineering Measurements, Global, 2016
    • Global Market Forecast
      • Table Residential Battery Energy Storage Market: Revenue and Annual Capacity Additions Forecast, Global, 2016-2022
    • Revenue Forecast by Country
      • Table Residential Battery Energy Storage Market: Revenue Forecast by Country, Select Countries, 2016-2022
    • Unit Forecast by Country
      • Table Residential Battery Energy Storage Market: Unit Forecast by Country, Select Countries, 2016-2022
    • Capacity Additions by Country
      • Table Residential Battery Energy Storage Market: Capacity Additions Forecast by Country, Select Countries, 2016-2022
  • The United States-Market Overview
    • Annual Market Forecasts
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, US, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue Forecast, US, 2016-2022
  • The United States-Market Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • The United States-Supporting Policies
    • Supporting Policies
      • Table Residential Battery Energy Storage Market: SGIP Rebate per Technology, California, 2017
  • The United States-Distribution Channel Analysis
    • Distribution Structure
  • The United States-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • Australia-Market Overview
    • Annual Market Forecasts
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, Australia, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue Forecast, Australia, 2016-2022
  • Australia-Market Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • Australia-Supporting Policies
    • Supporting Policies
  • Australia-Distribution Channel Analysis
    • Distribution Structure
  • Australia-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • Japan-Market Overview
    • Annual Market Forecast
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, Japan, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue Forecast, Japan, 2016-2022
  • Japan-Market Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • Japan-Supporting Policies
    • Supporting Policies
  • Japan-Distribution Channel Analysis
    • Distribution Structure
  • Japan-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • Germany-Market Overview
    • Annual Market Forecasts
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, Germany, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue Forecast, Germany, 2016-2022
  • Germany-Market Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • Germany-Supporting Policies
    • Supporting Policies
  • Germany-Distribution Channel Analysis
    • Distribution Structure
  • Germany-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • Italy-Market Overview
    • Annual Market Forecasts
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, Italy, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue Forecast, Italy, 2016-2022
  • Italy-Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • Italy-Supporting Policies
    • Supporting Policies
  • Italy-Distribution Channel Analysis
    • Distribution Structure
  • Italy-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • The United Kingdom-Market Overview
    • Annual Market Forecasts
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, UK, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue, UK, 2016-2022
  • The United Kingdom-Market Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • The United Kingdom-Supporting Policies
    • Supporting Policies
      • Table Residential Battery Energy Storage Market: FiT Generation Tariff Rates Based on the Accredited Installation Date and Rate Type, UK, Q2 2016-Q1 2017
      • Table Residential Battery Energy Storage Market: Degression Tariff Rates Per Quarter, UK, Q2 2017-Q1 2019
      • Table Residential Battery Energy Storage Market: Maximum Deployment (MW) Caps Per Quarter, UK, Q1 2017-Q1 2019
      • Table Residential Battery Energy Storage Market: FiT Generation Tariff Rates Based on the Accredited Installation Date and Rate Type, UK, 2017
      • Table Residential Battery Energy Storage Market: Degression Tariff Rates Per Quarter, UK, 2017
      • Table Residential Battery Energy Storage Market: Maximum Deployment (MW) Caps Per Quarter, UK, 2017
      • Table Export tariff rates, UK, 2011-2016
  • The United Kingdom-Distribution Channel Analysis
    • Distribution Structure
  • The United Kingdom-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • France-Market Overview
    • Annual Market Forecasts
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, France, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue Forecast, France, 2016-2022
  • France-Market Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • France-Supporting Policies
    • Supporting Policies
  • France-Distribution Channel Analysis
    • Distribution Structure
  • France-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • Spain-Market Overview
    • Annual Market Forecasts
      • Table Residential Battery Energy Storage Market: Unit and Capacity Additions Forecast, Spain, 2016-2022
      • Table Residential Battery Energy Storage Market: Revenue Forecast, Spain, 2016-2022
  • Spain-Market Drivers and Restraints
    • Market Drivers and Restraints
    • Market Drivers
    • Market Drivers Explained
    • Market Restraints
    • Market Restraints Explained
  • Spain-Supporting Policies
    • Supporting Policies
  • Spain-Distribution Channel Analysis
    • Distribution Structure
  • Spain-Competitor Analysis
    • Competitor Analysis of the Residential Battery Storage Market
  • The Last Word
    • The Last Word-3 Big Predictions

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