The global Residential Energy Storage market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In Germany, the key players of residential energy storage include BYD, Sonnen, E3/DC, etc. The top three players hold a share about 59% of Germany market. In terms of product type, lithium is the largest segment, occupied for a share of 99%, and in terms of capacity, below 8kWh has a share about 65 percent.
Energy storage systems are the set of methods and technologies used to store various forms of energy.
Residential Energy storage is the capture of energy produced at one time for use at a later time for home. A device that stores energy is generally called an accumulator or battery.
In this report, Residential Energy Storage mainly focuses on the Battery ESS, instead of the mechanical ESS, thermo-dynamic ESS
This report aims to provide a comprehensive presentation of the global market for Residential Energy Storage, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Energy Storage. This report contains market size and forecasts of Residential Energy Storage in global, including the following market information:
Global Residential Energy Storage Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Residential Energy Storage Market Sales, 2018-2023, 2024-2029, (MWh)
Global top five Residential Energy Storage companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Residential Energy Storage manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Residential Energy Storage Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MWh)
Global Residential Energy Storage Market Segment Percentages, by Type, 2022 (%)
Lithium
Lead Acid
Others
Global Residential Energy Storage Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MWh)
Global Residential Energy Storage Market Segment Percentages, by Application, 2022 (%)
Below 8kWh
Above 8kWh
Global Residential Energy Storage Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MWh)
Global Residential Energy Storage Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Residential Energy Storage revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Residential Energy Storage revenues share in global market, 2022 (%)
Key companies Residential Energy Storage sales in global market, 2018-2023 (Estimated), (MWh)
Key companies Residential Energy Storage sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BYD
Sonnen
E3/DC
SENEC
AlphaESS
LG
VARTA
Tesla
RCT Power
Outline of Major Chapters:
Chapter 1: Introduces the definition of Residential Energy Storage, market overview.
Chapter 2: Global Residential Energy Storage market size in revenue and volume.
Chapter 3: Detailed analysis of Residential Energy Storage manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Residential Energy Storage in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Residential Energy Storage capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Residential Energy Storage Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Residential Energy Storage Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Residential Energy Storage Overall Market Size
2.1 Global Residential Energy Storage Market Size: 2022 VS 2029
2.2 Global Residential Energy Storage Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Residential Energy Storage Sales: 2018-2029
3 Company Landscape
3.1 Top Residential Energy Storage Players in Global Market
3.2 Top Global Residential Energy Storage Companies Ranked by Revenue
3.3 Global Residential Energy Storage Revenue by Companies
3.4 Global Residential Energy Storage Sales by Companies
3.5 Global Residential Energy Storage Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Residential Energy Storage Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Residential Energy Storage Product Type
3.8 Tier 1, Tier 2 and Tier 3 Residential Energy Storage Players in Global Market
3.8.1 List of Global Tier 1 Residential Energy Storage Companies
3.8.2 List of Global Tier 2 and Tier 3 Residential Energy Storage Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Residential Energy Storage Market Size Markets, 2022 & 2029
4.1.2 Lithium
4.1.3 Lead Acid
4.1.4 Others
4.2 By Type - Global Residential Energy Storage Revenue & Forecasts
4.2.1 By Type - Global Residential Energy Storage Revenue, 2018-2023
4.2.2 By Type - Global Residential Energy Storage Revenue, 2024-2029
4.2.3 By Type - Global Residential Energy Storage Revenue Market Share, 2018-2029
4.3 By Type - Global Residential Energy Storage Sales & Forecasts
4.3.1 By Type - Global Residential Energy Storage Sales, 2018-2023
4.3.2 By Type - Global Residential Energy Storage Sales, 2024-2029
4.3.3 By Type - Global Residential Energy Storage Sales Market Share, 2018-2029
4.4 By Type - Global Residential Energy Storage Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Residential Energy Storage Market Size, 2022 & 2029
5.1.2 Below 8kWh
5.1.3 Above 8kWh
5.2 By Application - Global Residential Energy Storage Revenue & Forecasts
5.2.1 By Application - Global Residential Energy Storage Revenue, 2018-2023
5.2.2 By Application - Global Residential Energy Storage Revenue, 2024-2029
5.2.3 By Application - Global Residential Energy Storage Revenue Market Share, 2018-2029
5.3 By Application - Global Residential Energy Storage Sales & Forecasts
5.3.1 By Application - Global Residential Energy Storage Sales, 2018-2023
5.3.2 By Application - Global Residential Energy Storage Sales, 2024-2029
5.3.3 By Application - Global Residential Energy Storage Sales Market Share, 2018-2029
5.4 By Application - Global Residential Energy Storage Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Residential Energy Storage Market Size, 2022 & 2029
6.2 By Region - Global Residential Energy Storage Revenue & Forecasts
6.2.1 By Region - Global Residential Energy Storage Revenue, 2018-2023
6.2.2 By Region - Global Residential Energy Storage Revenue, 2024-2029
6.2.3 By Region - Global Residential Energy Storage Revenue Market Share, 2018-2029
6.3 By Region - Global Residential Energy Storage Sales & Forecasts
6.3.1 By Region - Global Residential Energy Storage Sales, 2018-2023
6.3.2 By Region - Global Residential Energy Storage Sales, 2024-2029
6.3.3 By Region - Global Residential Energy Storage Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Residential Energy Storage Revenue, 2018-2029
6.4.2 By Country - North America Residential Energy Storage Sales, 2018-2029
6.4.3 US Residential Energy Storage Market Size, 2018-2029
6.4.4 Canada Residential Energy Storage Market Size, 2018-2029
6.4.5 Mexico Residential Energy Storage Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Residential Energy Storage Revenue, 2018-2029
6.5.2 By Country - Europe Residential Energy Storage Sales, 2018-2029
6.5.3 Germany Residential Energy Storage Market Size, 2018-2029
6.5.4 France Residential Energy Storage Market Size, 2018-2029
6.5.5 U.K. Residential Energy Storage Market Size, 2018-2029
6.5.6 Italy Residential Energy Storage Market Size, 2018-2029
6.5.7 Russia Residential Energy Storage Market Size, 2018-2029
6.5.8 Nordic Countries Residential Energy Storage Market Size, 2018-2029
6.5.9 Benelux Residential Energy Storage Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Residential Energy Storage Revenue, 2018-2029
6.6.2 By Region - Asia Residential Energy Storage Sales, 2018-2029
6.6.3 China Residential Energy Storage Market Size, 2018-2029
6.6.4 Japan Residential Energy Storage Market Size, 2018-2029
6.6.5 South Korea Residential Energy Storage Market Size, 2018-2029
6.6.6 Southeast Asia Residential Energy Storage Market Size, 2018-2029
6.6.7 India Residential Energy Storage Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Residential Energy Storage Revenue, 2018-2029
6.7.2 By Country - South America Residential Energy Storage Sales, 2018-2029
6.7.3 Brazil Residential Energy Storage Market Size, 2018-2029
6.7.4 Argentina Residential Energy Storage Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Residential Energy Storage Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Residential Energy Storage Sales, 2018-2029
6.8.3 Turkey Residential Energy Storage Market Size, 2018-2029
6.8.4 Israel Residential Energy Storage Market Size, 2018-2029
6.8.5 Saudi Arabia Residential Energy Storage Market Size, 2018-2029
6.8.6 UAE Residential Energy Storage Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 BYD
7.1.1 BYD Company Summary
7.1.2 BYD Business Overview
7.1.3 BYD Residential Energy Storage Major Product Offerings
7.1.4 BYD Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.1.5 BYD Key News & Latest Developments
7.2 Sonnen
7.2.1 Sonnen Company Summary
7.2.2 Sonnen Business Overview
7.2.3 Sonnen Residential Energy Storage Major Product Offerings
7.2.4 Sonnen Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.2.5 Sonnen Key News & Latest Developments
7.3 E3/DC
7.3.1 E3/DC Company Summary
7.3.2 E3/DC Business Overview
7.3.3 E3/DC Residential Energy Storage Major Product Offerings
7.3.4 E3/DC Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.3.5 E3/DC Key News & Latest Developments
7.4 SENEC
7.4.1 SENEC Company Summary
7.4.2 SENEC Business Overview
7.4.3 SENEC Residential Energy Storage Major Product Offerings
7.4.4 SENEC Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.4.5 SENEC Key News & Latest Developments
7.5 AlphaESS
7.5.1 AlphaESS Company Summary
7.5.2 AlphaESS Business Overview
7.5.3 AlphaESS Residential Energy Storage Major Product Offerings
7.5.4 AlphaESS Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.5.5 AlphaESS Key News & Latest Developments
7.6 LG
7.6.1 LG Company Summary
7.6.2 LG Business Overview
7.6.3 LG Residential Energy Storage Major Product Offerings
7.6.4 LG Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.6.5 LG Key News & Latest Developments
7.7 VARTA
7.7.1 VARTA Company Summary
7.7.2 VARTA Business Overview
7.7.3 VARTA Residential Energy Storage Major Product Offerings
7.7.4 VARTA Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.7.5 VARTA Key News & Latest Developments
7.8 Tesla
7.8.1 Tesla Company Summary
7.8.2 Tesla Business Overview
7.8.3 Tesla Residential Energy Storage Major Product Offerings
7.8.4 Tesla Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.8.5 Tesla Key News & Latest Developments
7.9 RCT Power
7.9.1 RCT Power Company Summary
7.9.2 RCT Power Business Overview
7.9.3 RCT Power Residential Energy Storage Major Product Offerings
7.9.4 RCT Power Residential Energy Storage Sales and Revenue in Global (2018-2023)
7.9.5 RCT Power Key News & Latest Developments
8 Global Residential Energy Storage Production Capacity, Analysis
8.1 Global Residential Energy Storage Production Capacity, 2018-2029
8.2 Residential Energy Storage Production Capacity of Key Manufacturers in Global Market
8.3 Global Residential Energy Storage Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Residential Energy Storage Supply Chain Analysis
10.1 Residential Energy Storage Industry Value Chain
10.2 Residential Energy Storage Upstream Market
10.3 Residential Energy Storage Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Residential Energy Storage Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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