Global Plug-In Balcony Energy Storage System Market Growth 2025-2031
Description
The global Plug-In Balcony Energy Storage System market size is predicted to grow from US$ 4651 million in 2025 to US$ 15250 million in 2031; it is expected to grow at a CAGR of 21.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The plug-in balcony energy storage system is a smartly designed energy solution that integrates solar photovoltaic power generation and energy storage functions on the balcony. It combines photovoltaic panels with energy storage batteries through a convenient plug-in installation method, which saves space and improves energy efficiency. The system can convert solar energy into electrical energy when there is sufficient sunlight and store it in batteries for use by families at night or on cloudy days, helping to reduce electricity bills and reduce dependence on traditional energy sources.
In recent years, driven by tight energy supply-demand dynamics and policy incentives, the plug-in balcony energy storage system industry, particularly in the European market, has achieved remarkable high growth. Looking ahead, with continued optimization of the policy environment, demand for plug-in balcony energy storage systems in European countries such as Germany, Austria, and France is expected to further expand, with market penetration rates poised for sustained growth. Meanwhile, regions like the Americas and Asia-Pacific will also accelerate their deployment, driving global market expansion. The industry is projected to gradually transition from a high-growth phase to a steady-growth phase, with broad market prospects.
In terms of product design, wall-mounted type have become the mainstream. Major manufacturers are focusing their R&D efforts on wall-mounted products, aligning with the industry's trend toward simplicity and aesthetics. In the future, plug-in balcony energy storage systems will evolve toward appliance-like integration. The market size for wall-mounted products is expected to reach US$9,569.11 million from 2025 to 2031, with a compound annual growth rate (CAGR) of 23.6%.
Regarding application scenarios, multifamily Homes remains the core downstream market. Plug-in balcony energy storage systems effectively address power limitations and space constraints in photovoltaic utilization for multi-family residences while offering economic advantages. Moving forward, multi-family housing will continue to be the primary demand driver, with sustained growth expected. The market size for multi-family housing applications is projected to reach US$11,353.87 million from 2025 to 2031, with a CAGR of 22.4%.
In terms of the global competitive landscape, leading players such as Enphase, Growatt, and Alphaess dominate the market, with the top three companies expected to hold a combined market share of 49.76% in 2024. Market participants can be broadly categorized into two types: established manufacturers with in-house production capabilities for key components like energy storage systems and microinverters, leveraging their technological and supply chain advantages to rapidly capture market share; and emerging players, which, despite lacking first-mover advantages, are quickly gaining traction through strong marketing strategies and capital backing. As more companies enter the market, competition is expected to intensify further in the coming years.
LP Information, Inc. (LPI) ' newest research report, the “Plug-In Balcony Energy Storage System Industry Forecast” looks at past sales and reviews total world Plug-In Balcony Energy Storage System sales in 2024, providing a comprehensive analysis by region and market sector of projected Plug-In Balcony Energy Storage System sales for 2025 through 2031. With Plug-In Balcony Energy Storage System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plug-In Balcony Energy Storage System industry.
This Insight Report provides a comprehensive analysis of the global Plug-In Balcony Energy Storage System 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 Plug-In Balcony Energy Storage System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Plug-In Balcony Energy Storage System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plug-In Balcony Energy Storage System 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 Plug-In Balcony Energy Storage System.
This report presents a comprehensive overview, market shares, and growth opportunities of Plug-In Balcony Energy Storage System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Wall-Mounted Type
Floor-Mounted Type
Segmentation by Application:
Multifamily Homes
Single-Family Homes
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.
Enphase
Growatt
Alphaess
Solarwatt
EcoFlow
Apsystems
Hoymiles
Bluetti
DAHsolar
Newsmy Power
PVB (Beny New Energy)
Anker
HFIEpower
Efficient Energy Technology
HAME
Jackery (Hello-Tech)
Zendure
Marstek Energy
Anfuote
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plug-In Balcony Energy Storage System market?
What factors are driving Plug-In Balcony Energy Storage System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plug-In Balcony Energy Storage System market opportunities vary by end market size?
How does Plug-In Balcony Energy Storage System break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The plug-in balcony energy storage system is a smartly designed energy solution that integrates solar photovoltaic power generation and energy storage functions on the balcony. It combines photovoltaic panels with energy storage batteries through a convenient plug-in installation method, which saves space and improves energy efficiency. The system can convert solar energy into electrical energy when there is sufficient sunlight and store it in batteries for use by families at night or on cloudy days, helping to reduce electricity bills and reduce dependence on traditional energy sources.
In recent years, driven by tight energy supply-demand dynamics and policy incentives, the plug-in balcony energy storage system industry, particularly in the European market, has achieved remarkable high growth. Looking ahead, with continued optimization of the policy environment, demand for plug-in balcony energy storage systems in European countries such as Germany, Austria, and France is expected to further expand, with market penetration rates poised for sustained growth. Meanwhile, regions like the Americas and Asia-Pacific will also accelerate their deployment, driving global market expansion. The industry is projected to gradually transition from a high-growth phase to a steady-growth phase, with broad market prospects.
In terms of product design, wall-mounted type have become the mainstream. Major manufacturers are focusing their R&D efforts on wall-mounted products, aligning with the industry's trend toward simplicity and aesthetics. In the future, plug-in balcony energy storage systems will evolve toward appliance-like integration. The market size for wall-mounted products is expected to reach US$9,569.11 million from 2025 to 2031, with a compound annual growth rate (CAGR) of 23.6%.
Regarding application scenarios, multifamily Homes remains the core downstream market. Plug-in balcony energy storage systems effectively address power limitations and space constraints in photovoltaic utilization for multi-family residences while offering economic advantages. Moving forward, multi-family housing will continue to be the primary demand driver, with sustained growth expected. The market size for multi-family housing applications is projected to reach US$11,353.87 million from 2025 to 2031, with a CAGR of 22.4%.
In terms of the global competitive landscape, leading players such as Enphase, Growatt, and Alphaess dominate the market, with the top three companies expected to hold a combined market share of 49.76% in 2024. Market participants can be broadly categorized into two types: established manufacturers with in-house production capabilities for key components like energy storage systems and microinverters, leveraging their technological and supply chain advantages to rapidly capture market share; and emerging players, which, despite lacking first-mover advantages, are quickly gaining traction through strong marketing strategies and capital backing. As more companies enter the market, competition is expected to intensify further in the coming years.
LP Information, Inc. (LPI) ' newest research report, the “Plug-In Balcony Energy Storage System Industry Forecast” looks at past sales and reviews total world Plug-In Balcony Energy Storage System sales in 2024, providing a comprehensive analysis by region and market sector of projected Plug-In Balcony Energy Storage System sales for 2025 through 2031. With Plug-In Balcony Energy Storage System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plug-In Balcony Energy Storage System industry.
This Insight Report provides a comprehensive analysis of the global Plug-In Balcony Energy Storage System 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 Plug-In Balcony Energy Storage System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Plug-In Balcony Energy Storage System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plug-In Balcony Energy Storage System 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 Plug-In Balcony Energy Storage System.
This report presents a comprehensive overview, market shares, and growth opportunities of Plug-In Balcony Energy Storage System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Wall-Mounted Type
Floor-Mounted Type
Segmentation by Application:
Multifamily Homes
Single-Family Homes
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.
Enphase
Growatt
Alphaess
Solarwatt
EcoFlow
Apsystems
Hoymiles
Bluetti
DAHsolar
Newsmy Power
PVB (Beny New Energy)
Anker
HFIEpower
Efficient Energy Technology
HAME
Jackery (Hello-Tech)
Zendure
Marstek Energy
Anfuote
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plug-In Balcony Energy Storage System market?
What factors are driving Plug-In Balcony Energy Storage System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plug-In Balcony Energy Storage System market opportunities vary by end market size?
How does Plug-In Balcony Energy Storage System break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
139 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 Plug-In Balcony Energy Storage System 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 Plug-In Balcony Energy Storage System by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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