Residential Energy Storage Market
Residential Energy Storage Market - Global Industry Assessment & Forecast
#
Pages:
196
2023
Mar - 2024
VMR-2442
Segments Covered
By
Technology Lead-acid, Lithium-ion
-
By
Utility 3kW to <6kW, 6kW to <10kW, 10kW to 29kW
-
By
Connectivity Type On-grid, Off-grid
-
By
Ownership Type Customer-owned, Utility-owned, Third-party Owned
-
By
Operation Type Standalone Systems, Solar and Storage System
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2023 |
| Forecast
Years:
|
2024 - 2032 |
 Historical
Years:
|
2018 - 2022 |
 Revenue
2023: |
USD 890.1 Million |
 Revenue 2032:
|
USD 3918.2 Million |
 Revenue CAGR
(2024 - 2032): |
17.9% |
Fastest Growing Region (2024 -
2032)
|
North America |
Largest Region (2023):
|
Europe |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2018 to 2022 |
| 3. | Forecast Data | 2024 to 2032 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
Vantage Market
Research | 15-Mar-2024
FAQ
Frequently Asked Question
What is the global demand for Residential Energy Storage in terms of revenue?
-
The global Residential Energy Storage valued at USD 890.1 Million in 2023 and is expected to reach USD 3918.2 Million in 2032 growing at a CAGR of 17.9%.
Which are the prominent players in the market?
-
The prominent players in the market are Tesla, Panasonic Holdings Corporation, BYD Company Ltd, Enphase Energy, Sonnen GmbH, VARTA AG, Delta Electronics, Inc., Huawei Technologies Co., Ltd., Eaton, SMA Solar Technology AG, LG Energy Solution, GoodWe, E3/DC, Alpha ESS Co., Ltd, RCT-Power, SOLARWATT, SENEC, Shanghai PYTES Energy Co., Ltd, Pylon Technologies, Co. Ltd, Victron Energy, Dyness, TESVOLT AG, Turbo Energy - Solar Innovation, BST POWER (SHENZHEN) LIMITED, WeCo srl, Powervault.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 17.9% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Residential Energy Storage include
- The rising demand for electric vehicles (EV) is driving the {{Keyword}} market as homeowners seek to accommodate the charging needs of their EVs efficiently
Which region accounted for the largest share in the market?
-
Europe was the leading regional segment of the Residential Energy Storage in 2023.
