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Global Residential Solar Energy Storage Market 2024-2028

Publisher TechNavio
Published Oct 18, 2024
Length 155 Pages
SKU # INF19289325

Description

Residential Solar Energy Storage Market 2024-2028


The residential solar energy storage market is forecasted to grow by USD 113554.2 mn during 2023-2028, accelerating at a CAGR of 52.6% during the forecast period. The report on the residential solar energy storage 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 reduction in pv and energy storage system costs, increasing self-consumption and availability of incentives, and rising energy costs.

Technavio's residential solar energy storage market is segmented as below:
  • By Technology
  • Li-ion batteries
  • Lead acid batteries
  • By Geographical Landscape
  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the residential energy storage as virtual power plants as one of the prime reasons driving the residential solar energy storage market growth during the next few years. Also, market attracting new vendors and increased green construction spending and zero-energy homes will lead to sizable demand in the market.

The report on the residential solar energy storage market covers the following areas:
  • Residential Solar Energy Storage Market sizing
  • Residential Solar Energy Storage Market forecast
  • Residential Solar Energy Storage Market industry analysis
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 residential solar energy storage market vendors that include ABB, ACME Cleantech Solutions Pvt. Ltd., Adara Power, E.ON UK Plc, E3 DC, East Penn Manufacturing Co. Inc., Enphase Energy Inc., Invinity Energy Systems plc, LG Electronics Inc., Mercedes Benz Group AG, Panasonic Holdings Corp., Samsung SDI Co. Ltd., Shell plc, SOLARWATT GmbH, Sony Group Corp., Tesla Inc., The BYD Motors Inc., TotalEnergies SE, Trojan Battery Co. LLC, and Wanxiang New Energy LLC. Also, the residential solar energy storage 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 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 and vendor landscape in addition to an analysis of the key vendors.
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.

Table of Contents

155 Pages
    • Market overview
    • Market ecosystem
    • Market characteristics
    • Value chain analysis
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global Residential Solar Energy Storage Market 2018 - 2022
    • Technology segment analysis 2018 - 2022
    • Geography segment analysis 2018 - 2022
    • Country segment analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Technology
    • Li-ion batteries - Market size and forecast 2023-2028
    • Lead acid batteries - Market size and forecast 2023-2028
    • Market opportunity by Technology
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • South America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • US - Market size and forecast 2023-2028
    • Japan - Market size and forecast 2023-2028
    • Canada - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market opportunities/restraints
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
    • Companies profiled
    • Market positioning of companies
    • East Penn Manufacturing Co. Inc.
    • Enphase Energy Inc.
    • Invinity Energy Systems plc
    • LG Electronics Inc.
    • Panasonic Holdings Corp.
    • Samsung SDI Co. Ltd.
    • Shell plc
    • SOLARWATT GmbH
    • Sony Group Corp.
    • TotalEnergies SE
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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