Global Household Energy Storage Solution Market Growth 2025-2031
Description
The global Household Energy Storage Solution market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 169%.
LP Information, Inc. (LPI) ' newest research report, the “Household Energy Storage Solution Industry Forecast” looks at past sales and reviews total world Household Energy Storage Solution sales in 2024, providing a comprehensive analysis by region and market sector of projected Household Energy Storage Solution sales for 2025 through 2031. With Household Energy Storage Solution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Household Energy Storage Solution industry.
This Insight Report provides a comprehensive analysis of the global Household Energy Storage Solution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Household Energy Storage Solution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Household Energy Storage Solution market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Household Energy Storage Solution and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Household Energy Storage Solution.
This report presents a comprehensive overview, market shares, and growth opportunities of Household Energy Storage Solution market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Below 6 KWh
6 - 15 KWh
Above 15 KWh
Segmentation by Application:
Public Utilities
Residential Electricity
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sonnen
Tesla
LG
BYD
AlphaESS
Powervault
EATON
FranklinWH
NEC
KYOCERA
E3DC
SRNE Solar
HAIKAI
HUAWEI
Sungrow Power Supply
Pylon Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Household Energy Storage Solution market?
What factors are driving Household Energy Storage Solution market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Household Energy Storage Solution market opportunities vary by end market size?
How does Household Energy Storage Solution break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 169%.
LP Information, Inc. (LPI) ' newest research report, the “Household Energy Storage Solution Industry Forecast” looks at past sales and reviews total world Household Energy Storage Solution sales in 2024, providing a comprehensive analysis by region and market sector of projected Household Energy Storage Solution sales for 2025 through 2031. With Household Energy Storage Solution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Household Energy Storage Solution industry.
This Insight Report provides a comprehensive analysis of the global Household Energy Storage Solution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Household Energy Storage Solution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Household Energy Storage Solution market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Household Energy Storage Solution and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Household Energy Storage Solution.
This report presents a comprehensive overview, market shares, and growth opportunities of Household Energy Storage Solution market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Below 6 KWh
6 - 15 KWh
Above 15 KWh
Segmentation by Application:
Public Utilities
Residential Electricity
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Sonnen
Tesla
LG
BYD
AlphaESS
Powervault
EATON
FranklinWH
NEC
KYOCERA
E3DC
SRNE Solar
HAIKAI
HUAWEI
Sungrow Power Supply
Pylon Technologies
Key Questions Addressed in this Report
What is the 10-year outlook for the global Household Energy Storage Solution market?
What factors are driving Household Energy Storage Solution market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Household Energy Storage Solution market opportunities vary by end market size?
How does Household Energy Storage Solution break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
135 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Household Energy Storage Solution by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Household Energy Storage Solution by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
