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Residential Solar Energy Storage Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5744410
Residential solar energy storage involves solar energy systems of various sizes and configurations that are deployed in residential areas. These systems convert sunlight into electrical energy, which can be utilized for immediate electricity generation or stored in batteries or thermal storage units for later use within home settings.

The residential solar energy storage market encompasses the sale of products designed for converting sunlight into electrical energy. These products may include solar panels, inverters, and energy storage solutions such as batteries or thermal storage devices. These systems are tailored for residential use and are available in multiple shapes and sizes to suit different households and energy needs.

The residential solar energy storage market research report is one of a series of new reports that provides residential solar energy storage market statistics, including residential solar energy storage industry global market size, regional shares, competitors with a residential solar energy storage market share, detailed residential solar energy storage market segments, market trends and opportunities, and any further data you may need to thrive in the residential solar energy storage industry. This residential solar energy storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The residential solar energy storage market size has grown exponentially in recent years. It will grow from $7.53 billion in 2023 to $9.12 billion in 2024 at a compound annual growth rate (CAGR) of 21.1%. The growth observed in the historical period can be attributed to several factors, including the expansion of residential solar installations, a decline in the costs of solar panels, government incentives and tax credits promoting solar adoption, a growing interest in energy independence and cost savings, and increasing environmental awareness.

The residential solar energy storage market size is expected to see rapid growth in the next few years. It will grow to $18.73 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%. The anticipated growth in the forecast period can be attributed to factors such as increased focus on energy management and optimization, the expansion of rooftop solar and community solar projects, integration with electric vehicle charging infrastructure, smart grid integration and demand response mechanisms, and the use of energy storage for critical infrastructure resilience. Key trends expected in the forecast period include the adoption of hybrid solar and storage systems, plug-and-play storage solutions for easier integration, the emergence of energy-as-a-service models, the implementation of peer-to-peer energy trading platforms, and an increased utilization of solid-state batteries in residential solar energy storage systems.

The residential solar energy storage market is anticipated to experience growth, primarily driven by the increasing demand for sustainable electricity generation. Sustainable electricity involves clean and renewable energy sources that can replenish themselves, meeting the rising global demand for eco-friendly power. In 2022, the International Energy Agency (IEA) forecasted nearly a 75% increase, or almost 2,400 GW, in global renewable capacity by 2027. This surge is comparable to China's entire installed power capacity, highlighting the momentum behind the demand for sustainable electricity and driving the residential solar energy storage market.

The market is further fueled by the growing consumer demand for various electric-based devices. Electric devices, powered primarily by electricity, have become integral to households. As the reliance on these devices increases, there is a growing need for reliable and sustainable power sources. Residential solar energy storage systems, capable of storing excess energy generated by rooftop solar panels for later use, present an effective solution. For instance, in May 2023, Japan witnessed a significant production of electronic equipment, reaching $52,365 million (¥771,457 million). Consumer electronics production specifically increased from $1,714,724 million (¥25,268 million) in May 2022 to $2,178,430 million (¥32,099 million) in May 2023, emphasizing the growing consumer demand for electric-based devices and propelling the residential solar energy storage market.

A key trend in the residential solar energy storage market is the adoption of advanced technologies. Major companies in the sector are actively engaged in developing innovative technological solutions to strengthen their market positions. In January 2022, Sungrow, a Chinese solar inverter and energy storage company, introduced the 1+X modular inverter. Leveraging cutting-edge technologies with a focus on three-level modularization, this inverter offers flexibility and convenience, catering to residential, commercial, industrial, and utility solar applications.

Companies are launching new residential solar energy storage solutions to stay competitive and enhance their product offerings. Leclanché, a Switzerland-based provider of energy storage solutions, introduced LeBlock in May 2021 - a modular and scalable battery energy storage system (BESS). This system interconnects battery storage units, reducing complexity and environmental footprint while lowering the cost of stationary energy storage system installations.

In October 2021, SunPower Corp, a US-based solar technology and energy services provider, acquired Blue Raven Solar for $165 million. This strategic move allowed SunPower Corp to expand its reach and offer efficient solar technology to a broader homeowner base. Blue Raven Solar, a US-based company, specializes in providing solar energy solutions to homeowners across America.

Major companies operating in the residential solar energy storage market include Samsung SDI Co. Ltd., Tesla Inc., LG Chem Ltd., ABB Ltd., General Electric Company, Panasonic Holdings Corporation, AEG Power Solutions, eSolar Inc., Abengoa SA, Alpha Technologies, Acciona S.A., SunPower Corporation, NRG Energy Inc., Boston Power Inc., EnerSys, Enphase Energy Inc., Sonnen GmbH, Generac Holdings Inc., Blue Planet Energy, Pika Energy Inc., Lilypad Energy LLC, Sunverge Energy Inc., Eguana Technologies Inc., OutBack Power, KACO new energy GmbH, SMA Solar Technology AG, SolarEdge Technologies Pvt. Ltd., Fronius International GmbH, Delta Electronics Inc., Sungrow Power Supply Co. Ltd., Sharp Corporation, Canadian Solar Inc., JinkoSolar Holdings Co. Ltd., Trina Solar Co. Ltd., Hanwha Q Cells Co. Ltd., LONGi Green Energy Technology Co. Ltd.

Asia-Pacific was the largest region in the residential solar energy storage market in 2023. The regions covered in this residential solar energy storage market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the residential solar energy storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The residential solar energy storage market consists of sales of hybrid residential solar energy storage systems, AC-coupled residential solar energy storage systems, and off-grid residential solar energy storage systems . Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Residential Solar Energy Storage Market Characteristics3. Residential Solar Energy Storage Market Trends And Strategies
4. Residential Solar Energy Storage Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Residential Solar Energy Storage Market Size and Growth
5.1. Global Residential Solar Energy Storage Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Residential Solar Energy Storage Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Residential Solar Energy Storage Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Residential Solar Energy Storage Market Segmentation
6.1. Global Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Standalone Systems
Solar and Storage
6.2. Global Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
3-6 kW
6-10 kW
6.3. Global Residential Solar Energy Storage Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Lead Acid
Lithium-Ion
6.4. Global Residential Solar Energy Storage Market, Segmentation By Connectivity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
On-Grid
Off-Grid
6.5. Global Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Customer
Utility
Third-Party
7. Residential Solar Energy Storage Market Regional And Country Analysis
7.1. Global Residential Solar Energy Storage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Residential Solar Energy Storage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Residential Solar Energy Storage Market
8.1. Asia-Pacific Residential Solar Energy Storage Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Residential Solar Energy Storage Market
9.1. China Residential Solar Energy Storage Market Overview
9.2. China Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Residential Solar Energy Storage Market
10.1. India Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Residential Solar Energy Storage Market
11.1. Japan Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Residential Solar Energy Storage Market
12.1. Australia Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Residential Solar Energy Storage Market
13.1. Indonesia Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Residential Solar Energy Storage Market
14.1. South Korea Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Residential Solar Energy Storage Market
15.1. Western Europe Residential Solar Energy Storage Market Overview
15.2. Western Europe Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Residential Solar Energy Storage Market
16.1. UK Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Residential Solar Energy Storage Market
17.1. Germany Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Residential Solar Energy Storage Market
18.5. France Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Residential Solar Energy Storage Market
19.9. Italy Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Residential Solar Energy Storage Market
20.13. Spain Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Residential Solar Energy Storage Market
21.1. Eastern Europe Residential Solar Energy Storage Market Overview
21.2. Eastern Europe Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Residential Solar Energy Storage Market
22.1. Russia Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Residential Solar Energy Storage Market
23.1. North America Residential Solar Energy Storage Market Overview
23.2. North America Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Residential Solar Energy Storage Market
24.1. USA Residential Solar Energy Storage Market Overview
24.2. USA Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Residential Solar Energy Storage Market
25.1. Canada Residential Solar Energy Storage Market Overview
25.2. Canada Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Residential Solar Energy Storage Market
26.1. South America Residential Solar Energy Storage Market Overview
26.2. South America Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Residential Solar Energy Storage Market
27.1. Brazil Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Residential Solar Energy Storage Market
28.1. Middle East Residential Solar Energy Storage Market Overview
28.2. Middle East Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Residential Solar Energy Storage Market
29.1. Africa Residential Solar Energy Storage Market Overview
29.2. Africa Residential Solar Energy Storage Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Residential Solar Energy Storage Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Residential Solar Energy Storage Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Residential Solar Energy Storage Market Competitive Landscape And Company Profiles
30.1. Residential Solar Energy Storage Market Competitive Landscape
30.2. Residential Solar Energy Storage Market Company Profiles
30.2.1. Samsung SDI Co. Ltd.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Tesla Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. LG Chem Ltd.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. ABB Ltd.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. General Electric Company
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Residential Solar Energy Storage Market Competitive Benchmarking32. Global Residential Solar Energy Storage Market Competitive Dashboard33. Key Mergers And Acquisitions In The Residential Solar Energy Storage Market
34. Residential Solar Energy Storage Market Future Outlook and Potential Analysis
34.1 Residential Solar Energy Storage Market In 2028 - Countries Offering Most New Opportunities
34.2 Residential Solar Energy Storage Market In 2028 - Segments Offering Most New Opportunities
34.3 Residential Solar Energy Storage Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Residential Solar Energy Storage Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on residential solar energy storage market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for residential solar energy storage? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Operation: Standalone Systems; Solar and Storage 2) By Power Rating: 3-6 kW; 6-10 kW 3) By Technology: Lead Acid; Lithium-Ion 4) By Connectivity: On-Grid; Off-Grid 5) By Ownership: Customer; Utility; Third-Party
  • Companies Mentioned: Samsung SDI Co. Ltd.; Tesla Inc.; LG Chem Ltd.; ABB Ltd.; General Electric Company
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Samsung SDI Co. Ltd.
  • Tesla Inc.
  • LG Chem Ltd.
  • ABB Ltd.
  • General Electric Company
  • Panasonic Holdings Corporation
  • AEG Power Solutions
  • eSolar Inc.
  • Abengoa SA
  • Alpha Technologies
  • Acciona S.A.
  • SunPower Corporation
  • NRG Energy Inc.
  • Boston Power Inc.
  • EnerSys
  • Enphase Energy Inc.
  • Sonnen GmbH
  • Generac Holdings Inc.
  • Blue Planet Energy
  • Pika Energy Inc.
  • Lilypad Energy LLC
  • Sunverge Energy Inc.
  • Eguana Technologies Inc.
  • OutBack Power
  • KACO new energy GmbH
  • SMA Solar Technology AG
  • SolarEdge Technologies Pvt. Ltd.
  • Fronius International GmbH
  • Delta Electronics Inc.
  • Sungrow Power Supply Co. Ltd.
  • Sharp Corporation
  • Canadian Solar Inc.
  • JinkoSolar Holdings Co. Ltd.
  • Trina Solar Co. Ltd.
  • Hanwha Q Cells Co. Ltd.
  • LONGi Green Energy Technology Co. Ltd.

Methodology

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