Global Residential Solar Energy Market - Growth, Trends and Forecasts (2016 - 2021)

  • ID: 3612098
  • Report
  • Region: Global
  • 130 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Arista Power
  • Bosch
  • GE
  • Hitachi
  • Panasonic
  • Samsung SDI
  • MORE
The Global Residential Solar Energy Storage Market has been estimated at USD XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of 28.2% during the forecast period from 2015 to 2020. To solve one of the most common antagonisms: electric energy is not storable, that is a fact and it is physics. So electric energy must be consumed at the moment when it is produced. But there are electric energy storage systems! So how do they work? To store electric energy or better electric energy, electric energy must be converted into another form of energy. Usually different forms of energy can be stored. To get electric energy again, that form of energy must be converted into electric energy again. That’s how electric storage systems work - all of them.

The early solution to the problem of storing energy for electrical purposes was the development of the battery as an electrochemical storage device. Batteries have previously been of limited use in electric power systems due to their relatively small capacity and high cost. However, since about the middle of the first decade of the 21st century newer battery technologies have been developed that can now provide significant utility scale load-levelling and frequency regulation capabilities. As of 2013 some of the newer battery chemistries have shown promise of being competitive with Solar energy storage methods.

This market is driven by a number of factors, such as the significant decrease in the availability of Non - renewable energy sources, the pro green energy agenda being adopted by the Countries and Governments all over the world, the ease of installation of Solar Energy Storage Devices. However, this market faces certain drawbacks, such as high initial investment and the lack of huge market for the Solar Energy storage systems in the developing countries. These factors may act as a roadblock to the growth of the market.

This market can be broadly segmented into Rechargeable Batteries, Flow Batteries, Super Capacitors and UltraBatteries. These are further segmented into Lead - Acid, Nickel-Cadmium, Nickel-Metal Hydride, Lithium-Ion battery, Lithium-Ion polymer battery and Vanadium Redox Battery.

The market has also been geographically segmented into North America (NA), Asia-Pacific (APAC), Europe Middle-East and Africa (EMEA) and Latin America (LA), with North America occupying the largest consumer base in the world. Europe and APAC follow the list in the same order.

The market has more relevance today since the Solar Energy production at a domestic level has gained enough popularity and would hold a good market share by the end of the projected period. The major companies dominating this market for its products, services, and continuous product developments are Samsung SDI, Panasonic, Hitachi, Bosch, GE, Tesla, etc. The technology offers a huge potential for Uninterrupted Power Supply for Households and Power to the remotest of the locations all over the world.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arista Power
  • Bosch
  • GE
  • Hitachi
  • Panasonic
  • Samsung SDI
  • MORE
1. Executive Summary

2. Research Methodology

3. Market Overview
3.1 Introduction
3.2 Markets Covered
3.3 Market Demand to 2020
3.4 Recent Trends and Developments

4. Drivers, Constraints & Opportunities
4.1 Drivers
4.1.1 Decrease in the availability of Non-Renewable energy Sources
4.1.2 Pro - Green Agenda
4.2 Constraints
4.2.1 High Initial Investment
4.2.2 Lack of Huge Market in the Developing Nations
4.3 Opportunities
4.3.1 Large Scale Community Solar Energy Storage

5. Residential Solar Energy Storage Industry Value Chain Analysis

6. Porter’s Five Force Analysis
6.1 Bargaining Power of Supplier
6.2 Bargaining Power of Consumers
6.3 Threat of New Entrants
6.4 Threat of Substitute Products and Services
6.5 Degree of Competition

7. Global Residential Solar Energy Storage Market Segmentation, by Geography
7.1 North America
7.1.1 Overview
7.1.2 Major Regions
7.1.2.1 United States
7.1.2.1.1 Overview
7.1.2.1.2 Market Size and Forecast
7.1.2.2 Others
7.1.2.2.1 Overview
7.1.2.2.2 Market Size and Forecast
7.2 Asia - Pacific
7.2.1 Overview
7.2.2 Major Regions
7.2.2.1 China
7.2.2.1.1 Overview
7.2.2.1.2 Market Size and Forecast
7.2.2.2 India
7.2.2.2.1 Overview
7.2.2.2.2 Market Size and Forecast
7.2.2.3 Otherrs
7.2.2.3.1 Overview
7.2.2.3.2 Market Size and Forecast
7.3 Europe, Middle East and Africa
7.3.1 Overview
7.3.2 Major Regions
7.3.2.1 Germany
7.3.2.1.1 Overview
7.3.2.1.2 Market Size and Forecast
7.3.2.2 Others
7.3.2.2.1 Overview
7.3.2.2.2 Market Size and Forecast
7.4 Latin America
7.4.1 Overview
7.4.2 Major Regions
7.4.2.1 Venezuela
7.4.2.1.1 Overview
7.4.2.1.2 Market Size and Forecast
7.4.2.2 Others
7.4.2.2.1 Overview
7.4.2.2.2 Market Size and Forecast

8. Residential Solar Energy Storage Market Segmentation, by Type
8.1 Overview and Introduction
8.2 Rechargeable Battery
8.2.1 Overview
8.2.2 Market Size and Forecast
8.3 Super Capacitors
8.3.1 Overview
8.3.2 Market Size and Forecast
8.4 UltraBattery
8.4.1 Overview
8.4.2 Market Size and Forecast

9. Key Company Analysis
9.1 Samsung SDI
9.2 Panasonic
9.3 Hitachi
9.4 Bosch
9.5 GE
9.6 Arista Power
9.7 Tesla

10. Competitive Landscape
10.1 Mergers & Acquisitions
10.2 Joint Ventures, Collaborations and Agreements
10.3 Market Share Analysis

11. Appendix
11.1 Contact Us
11.2 Disclaimer
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- Samsung SDI
- Panasonic
- Hitachi
- Bosch
- GE
- Arista Power
- Tesla
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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