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The Residential Energy Storage market is a segment of the larger Energy Storage market, which encompasses the use of energy storage technologies to store energy for later use. Residential Energy Storage systems are typically used to store energy generated from renewable sources such as solar and wind, allowing homeowners to store energy for later use. This can help reduce energy costs and increase energy independence. Residential Energy Storage systems can also be used to provide backup power in the event of a power outage.
Some companies in the Residential Energy Storage market include Tesla, LG Chem, Sonnen, BYD, and Panasonic. Show Less Read more
