The residential solar energy storage market size has grown rapidly in recent years. It will grow from $10.62 billion in 2025 to $12.58 billion in 2026 at a compound annual growth rate (CAGR) of 18.5%. The growth in the historic period can be attributed to early adoption of rooftop solar systems, growth in residential energy self-consumption, reliance on traditional grid-tied solar setups, rising awareness of backup energy needs, increasing installation of basic home storage systems.
The residential solar energy storage market size is expected to see rapid growth in the next few years. It will grow to $24.49 billion in 2030 at a compound annual growth rate (CAGR) of 18.1%. The growth in the forecast period can be attributed to rising demand for integrated solar-and-storage packages, expansion of virtual power plant participation, development of next-generation lithium-based storage, growth in smart home energy ecosystems, increasing adoption of off-grid and hybrid residential systems. Major trends in the forecast period include adoption of sustainable solar-plus-storage models, advancement of electrification-driven home storage systems, deployment of IoT-enabled solar monitoring platforms, expansion of cloud-based energy optimization, integration of AI-assisted residential energy management.
The increasing demand for sustainable electricity generation is expected to drive the residential solar energy storage market going forward. Sustainable electricity refers to clean and renewable energy sources that can naturally replenish themselves and are inexhaustible in nature. The rising demand for sustainable electricity generation encourages the residential solar energy storage market to develop products that better serve customer needs. Residential solar energy storage supports sustainable electricity generation by enabling efficient use of renewable energy, reducing dependence on the grid, and lowering carbon emissions. For example, in 2022, according to the International Renewable Energy Agency (IRENA), a UAE-based intergovernmental organization, renewable energy sources accounted for 29.9% of global electricity generation in 2023, totaling 8,928 terawatt hours (TWh). Therefore, the growing demand for sustainable electricity generation is driving the expansion of the residential solar energy storage market.
Major companies in the residential solar energy storage market are launching new residential solar storage solutions to strengthen their competitive edge and broaden their product portfolios. For instance, in June 2024, SolarEdge Technologies Inc., an Israel-based company, introduced a three-phase solar inverter and dedicated home battery. SolarEdge’s next-generation inverter is engineered with a power capacity of up to 20 kW, designed to meet complete home backup requirements. Using advanced Silicon Carbide (SiC) switches, this inverter reduces size and weight per kW while improving efficiency and power density, achieving the highest efficiency rating in its market segment.
In February 2024, Swell Energy Inc., a U.S.-based energy management company, acquired Renu Energy Solutions for an undisclosed amount. The acquisition integrates Swell’s financing and Virtual Power Plant (VPP) technology with Renu’s project development expertise, enhancing the deployment of VPPs in key energy markets. By combining their operational and technological strengths, the merged entity aims to expand its presence in the Southeast and mid-Atlantic regions, increasing residential and commercial solar and storage capacity. Renu Energy Solutions is a U.S.-based provider of customized residential and commercial solar and energy storage solutions.
Major companies operating in the residential solar energy storage market are Samsung SDI Co. Ltd., Tesla Inc., LG Chem Ltd., ABB Ltd., General Electric Company, Panasonic Holdings Corporation, AEG Power Solutions, Alpha Technologies, SunPower Corporation, 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.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the residential solar energy storage market by increasing the cost of imported batteries, inverters, photovoltaic modules, and power electronics used in home solar-plus-storage systems. Residential and small commercial installations in North America, Europe, and Asia-Pacific face higher project expenses and longer deployment timelines. However, tariffs are encouraging regional manufacturing of storage components, greater localization of supply chains, and innovation in cost-efficient lithium-ion and hybrid storage solutions, enhancing long-term energy independence and resilience.
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.
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.Asia-Pacific was the largest region in the residential solar energy storage market in 2025. The regions covered in the residential solar energy storage market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the residential solar energy storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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.
This product will be delivered within 1-3 business days.
The residential solar energy storage market size is expected to see rapid growth in the next few years. It will grow to $24.49 billion in 2030 at a compound annual growth rate (CAGR) of 18.1%. The growth in the forecast period can be attributed to rising demand for integrated solar-and-storage packages, expansion of virtual power plant participation, development of next-generation lithium-based storage, growth in smart home energy ecosystems, increasing adoption of off-grid and hybrid residential systems. Major trends in the forecast period include adoption of sustainable solar-plus-storage models, advancement of electrification-driven home storage systems, deployment of IoT-enabled solar monitoring platforms, expansion of cloud-based energy optimization, integration of AI-assisted residential energy management.
The increasing demand for sustainable electricity generation is expected to drive the residential solar energy storage market going forward. Sustainable electricity refers to clean and renewable energy sources that can naturally replenish themselves and are inexhaustible in nature. The rising demand for sustainable electricity generation encourages the residential solar energy storage market to develop products that better serve customer needs. Residential solar energy storage supports sustainable electricity generation by enabling efficient use of renewable energy, reducing dependence on the grid, and lowering carbon emissions. For example, in 2022, according to the International Renewable Energy Agency (IRENA), a UAE-based intergovernmental organization, renewable energy sources accounted for 29.9% of global electricity generation in 2023, totaling 8,928 terawatt hours (TWh). Therefore, the growing demand for sustainable electricity generation is driving the expansion of the residential solar energy storage market.
Major companies in the residential solar energy storage market are launching new residential solar storage solutions to strengthen their competitive edge and broaden their product portfolios. For instance, in June 2024, SolarEdge Technologies Inc., an Israel-based company, introduced a three-phase solar inverter and dedicated home battery. SolarEdge’s next-generation inverter is engineered with a power capacity of up to 20 kW, designed to meet complete home backup requirements. Using advanced Silicon Carbide (SiC) switches, this inverter reduces size and weight per kW while improving efficiency and power density, achieving the highest efficiency rating in its market segment.
In February 2024, Swell Energy Inc., a U.S.-based energy management company, acquired Renu Energy Solutions for an undisclosed amount. The acquisition integrates Swell’s financing and Virtual Power Plant (VPP) technology with Renu’s project development expertise, enhancing the deployment of VPPs in key energy markets. By combining their operational and technological strengths, the merged entity aims to expand its presence in the Southeast and mid-Atlantic regions, increasing residential and commercial solar and storage capacity. Renu Energy Solutions is a U.S.-based provider of customized residential and commercial solar and energy storage solutions.
Major companies operating in the residential solar energy storage market are Samsung SDI Co. Ltd., Tesla Inc., LG Chem Ltd., ABB Ltd., General Electric Company, Panasonic Holdings Corporation, AEG Power Solutions, Alpha Technologies, SunPower Corporation, 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.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the residential solar energy storage market by increasing the cost of imported batteries, inverters, photovoltaic modules, and power electronics used in home solar-plus-storage systems. Residential and small commercial installations in North America, Europe, and Asia-Pacific face higher project expenses and longer deployment timelines. However, tariffs are encouraging regional manufacturing of storage components, greater localization of supply chains, and innovation in cost-efficient lithium-ion and hybrid storage solutions, enhancing long-term energy independence and resilience.
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.
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.Asia-Pacific was the largest region in the residential solar energy storage market in 2025. The regions covered in the residential solar energy storage market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the residential solar energy storage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Residential Solar Energy Storage Market Characteristics
3. Residential Solar Energy Storage Market Supply Chain Analysis
4. Global Residential Solar Energy Storage Market Trends and Strategies
5. Residential Solar Energy Storage Market Analysis of End Use Industries
7. Global Residential Solar Energy Storage Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Residential Solar Energy Storage Total Addressable Market (TAM) Analysis for the Market
9. Residential Solar Energy Storage Market Segmentation
10. Residential Solar Energy Storage Market Regional and Country Analysis
11. Asia-Pacific Residential Solar Energy Storage Market
12. China Residential Solar Energy Storage Market
13. India Residential Solar Energy Storage Market
14. Japan Residential Solar Energy Storage Market
15. Australia Residential Solar Energy Storage Market
16. Indonesia Residential Solar Energy Storage Market
17. South Korea Residential Solar Energy Storage Market
18. Taiwan Residential Solar Energy Storage Market
19. South East Asia Residential Solar Energy Storage Market
20. Western Europe Residential Solar Energy Storage Market
21. UK Residential Solar Energy Storage Market
22. Germany Residential Solar Energy Storage Market
23. France Residential Solar Energy Storage Market
24. Italy Residential Solar Energy Storage Market
25. Spain Residential Solar Energy Storage Market
26. Eastern Europe Residential Solar Energy Storage Market
27. Russia Residential Solar Energy Storage Market
28. North America Residential Solar Energy Storage Market
29. USA Residential Solar Energy Storage Market
30. Canada Residential Solar Energy Storage Market
31. South America Residential Solar Energy Storage Market
32. Brazil Residential Solar Energy Storage Market
33. Middle East Residential Solar Energy Storage Market
34. Africa Residential Solar Energy Storage Market
36. Residential Solar Energy Storage Market Competitive Landscape and Company Profiles
37. Residential Solar Energy Storage Market Other Major and Innovative Companies
40. Residential Solar Energy Storage Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Residential Solar Energy Storage Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses 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.
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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, including technological disruption, regulatory shifts, and changing consumer preferences? The residential solar energy storage market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Operation: Standalone Systems; Solar and Storage2) 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
Subsegments:
1) By Standalone Systems: Battery Storage Systems; Off-Grid Solar Systems; Hybrid Systems2) By Solar and Storage: Grid-Tied Solar with Storage; Net Metering Systems; Smart Energy Management Systems
Companies Mentioned: Samsung SDI Co. Ltd.; Tesla Inc.; LG Chem Ltd.; ABB Ltd.; General Electric Company; Panasonic Holdings Corporation; AEG Power Solutions; Alpha Technologies; SunPower Corporation; 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.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; 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 Segmentation: 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: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Residential Solar Energy Storage market report include:- Samsung SDI Co. Ltd.
- Tesla Inc.
- LG Chem Ltd.
- ABB Ltd.
- General Electric Company
- Panasonic Holdings Corporation
- AEG Power Solutions
- Alpha Technologies
- SunPower Corporation
- 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.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 12.58 Billion |
| Forecasted Market Value ( USD | $ 24.49 Billion |
| Compound Annual Growth Rate | 18.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 33 |
