Industry: Energy & Power
Published Date: 2024-01-24
Pages: 124 Pages
Report ld: 2343646
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Residential Energy Storage Systems Market Size(US$)

CAGR 2024-2030
5.3%
Market Size,2030
USD 4,797.3
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Residential Energy Storage Systems was estimated to be worth US$ 3358.8 million in 2023 and is forecast to a readjusted size of US$ 4797.3 million by 2030 with a CAGR of 5.3% during the forecast period 2024-2030
In February 2023, the Standardization Administration of China and the National Energy Administration issued the Guidelines on the Construction of New Energy Storage Standard System, which included 205 new energy storage standards. In the 14th Five-Year Plan and the 2035 Vision Target Outline, the energy storage industry, energy storage capacity, energy storage projects have been made requirements. In 2021, China issued the Guiding Opinions on Accelerating the Development of New Energy Storage, which specified a clear path for the development of energy storage industry. According to the data of CEC, the cumulative installed capacity of electrochemical energy storage power stations that put into operation was mainly distributed in the power side, and the total energy is 6.80 GWh, which accounted for 48.40% by the end of 2022.
According to CNESA, by the end of 2022, the cumulative installed capacity of power energy storage projects which has put into operation in the world was 237.2GW, with an annual growth rate of 15%. The cumulative installed capacity of new energy storage reached 45.7GW, which has nearly twice of the same period last year, with an annual growth rate of 80%. The lithium-ion battery occupied an absolute dominant position, with an annual growth rate of more than 85%. The global energy storage market developed rapidly, and the installed capacity of new power energy storage projects is 30.7GW, with a year-on-year growth of 98%. China, Europe and the United States continued to lead the development of the global energy storage market, collectively accounting for 86% of the global market.
According to CNESA statistics, by the end of 2022, the total installed capacity of power energy storage projects put into operation in China was 59.8GW, accounting for 25% of the total global market scale, with an annual growth rate of 38%. The cumulative installed capacity of new energy storage exceeded 10GW for the first time, reaching 13.1GW / 27.1, GWh. And the annual growth rate of power scale reached 128%, while the annual growth rate of energy scale reached 141%. The installed capacity of newly added power energy storage projects in China reached 16.5GW for the first time, among which the new capacity of pumped storage was 9.1GW. Among the new energy storage, lithium-ion battery occupied an absolute dominant position, accounting for 129%.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Residential Energy Storage Systems, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Residential Energy Storage Systems by region & country, by Type, and by Application.
The Residential Energy Storage Systems market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Energy Storage Systems.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Residential Energy Storage Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Residential Energy Storage Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Residential Energy Storage Systems in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Market Overview
1.1 Residential Energy Storage Systems Product Introduction
1.2 Global Residential Energy Storage Systems Market Size Forecast
1.2.1 Global Residential Energy Storage Systems Sales Value (2019-2030)
1.2.2 Global Residential Energy Storage Systems Sales Volume (2019-2030)
1.2.3 Global Residential Energy Storage Systems Sales Price (2019-2030)
1.3 Residential Energy Storage Systems Market Trends & Drivers
1.3.1 Residential Energy Storage Systems Industry Trends
1.3.2 Residential Energy Storage Systems Market Drivers & Opportunity
1.3.3 Residential Energy Storage Systems Market Challenges
1.3.4 Residential Energy Storage Systems Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Residential Energy Storage Systems Players Revenue Ranking (2023)
2.2 Global Residential Energy Storage Systems Revenue by Company (2019-2024)
2.3 Global Residential Energy Storage Systems Players Sales Volume Ranking (2023)
2.4 Global Residential Energy Storage Systems Sales Volume by Company Players (2019-2024)
2.5 Global Residential Energy Storage Systems Average Price by Company (2019-2024)
2.6 Key Manufacturers Residential Energy Storage Systems Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Residential Energy Storage Systems Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Residential Energy Storage Systems
2.9 Residential Energy Storage Systems Market Competitive Analysis
2.9.1 Residential Energy Storage Systems Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Residential Energy Storage Systems Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Residential Energy Storage Systems as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Lead Acid Batteries
3.1.2 Lithium Ion Batteries
3.1.3 Other
3.2 Global Residential Energy Storage Systems Sales Value by Type
3.2.1 Global Residential Energy Storage Systems Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Residential Energy Storage Systems Sales Value, by Type (2019-2030)
3.2.3 Global Residential Energy Storage Systems Sales Value, by Type (%) (2019-2030)
3.3 Global Residential Energy Storage Systems Sales Volume by Type
3.3.1 Global Residential Energy Storage Systems Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Residential Energy Storage Systems Sales Volume, by Type (2019-2030)
3.3.3 Global Residential Energy Storage Systems Sales Volume, by Type (%) (2019-2030)
3.4 Global Residential Energy Storage Systems Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential Apartments
4.1.2 Private Villas
4.1.3 Other
4.2 Global Residential Energy Storage Systems Sales Value by Application
4.2.1 Global Residential Energy Storage Systems Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Residential Energy Storage Systems Sales Value, by Application (2019-2030)
4.2.3 Global Residential Energy Storage Systems Sales Value, by Application (%) (2019-2030)
4.3 Global Residential Energy Storage Systems Sales Volume by Application
4.3.1 Global Residential Energy Storage Systems Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Residential Energy Storage Systems Sales Volume, by Application (2019-2030)
4.3.3 Global Residential Energy Storage Systems Sales Volume, by Application (%) (2019-2030)
4.4 Global Residential Energy Storage Systems Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Residential Energy Storage Systems Sales Value by Region
5.1.1 Global Residential Energy Storage Systems Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Residential Energy Storage Systems Sales Value by Region (2019-2024)
5.1.3 Global Residential Energy Storage Systems Sales Value by Region (2025-2030)
5.1.4 Global Residential Energy Storage Systems Sales Value by Region (%), (2019-2030)
5.2 Global Residential Energy Storage Systems Sales Volume by Region
5.2.1 Global Residential Energy Storage Systems Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Residential Energy Storage Systems Sales Volume by Region (2019-2024)
5.2.3 Global Residential Energy Storage Systems Sales Volume by Region (2025-2030)
5.2.4 Global Residential Energy Storage Systems Sales Volume by Region (%), (2019-2030)
5.3 Global Residential Energy Storage Systems Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Residential Energy Storage Systems Sales Value, 2019-2030
5.4.2 North America Residential Energy Storage Systems Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Residential Energy Storage Systems Sales Value, 2019-2030
5.5.2 Europe Residential Energy Storage Systems Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Residential Energy Storage Systems Sales Value, 2019-2030
5.6.2 Asia Pacific Residential Energy Storage Systems Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Residential Energy Storage Systems Sales Value, 2019-2030
5.7.2 South America Residential Energy Storage Systems Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Residential Energy Storage Systems Sales Value, 2019-2030
5.8.2 Middle East & Africa Residential Energy Storage Systems Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Residential Energy Storage Systems Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Residential Energy Storage Systems Sales Value
6.2.1 Key Countries/Regions Residential Energy Storage Systems Sales Value, 2019-2030
6.2.2 Key Countries/Regions Residential Energy Storage Systems Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Residential Energy Storage Systems Sales Value, 2019-2030
6.3.2 United States Residential Energy Storage Systems Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Residential Energy Storage Systems Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Residential Energy Storage Systems Sales Value, 2019-2030
6.4.2 Europe Residential Energy Storage Systems Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Residential Energy Storage Systems Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Residential Energy Storage Systems Sales Value, 2019-2030
6.5.2 China Residential Energy Storage Systems Sales Value by Type (%), 2023 VS 2030
6.5.3 China Residential Energy Storage Systems Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Residential Energy Storage Systems Sales Value, 2019-2030
6.6.2 Japan Residential Energy Storage Systems Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Residential Energy Storage Systems Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Residential Energy Storage Systems Sales Value, 2019-2030
6.7.2 South Korea Residential Energy Storage Systems Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Residential Energy Storage Systems Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Residential Energy Storage Systems Sales Value, 2019-2030
6.8.2 Southeast Asia Residential Energy Storage Systems Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Residential Energy Storage Systems Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Residential Energy Storage Systems Sales Value, 2019-2030
6.9.2 India Residential Energy Storage Systems Sales Value by Type (%), 2023 VS 2030
6.9.3 India Residential Energy Storage Systems Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Tesla
7.1.1 Tesla Company Information
7.1.2 Tesla Introduction and Business Overview
7.1.3 Tesla Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Tesla Residential Energy Storage Systems Product Offerings
7.1.5 Tesla Recent Development
7.2 Orison Corporation
7.2.1 Orison Corporation Company Information
7.2.2 Orison Corporation Introduction and Business Overview
7.2.3 Orison Corporation Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Orison Corporation Residential Energy Storage Systems Product Offerings
7.2.5 Orison Corporation Recent Development
7.3 Panasonic
7.3.1 Panasonic Company Information
7.3.2 Panasonic Introduction and Business Overview
7.3.3 Panasonic Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.3.4 Panasonic Residential Energy Storage Systems Product Offerings
7.3.5 Panasonic Recent Development
7.4 Mercedes-Benz
7.4.1 Mercedes-Benz Company Information
7.4.2 Mercedes-Benz Introduction and Business Overview
7.4.3 Mercedes-Benz Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Mercedes-Benz Residential Energy Storage Systems Product Offerings
7.4.5 Mercedes-Benz Recent Development
7.5 Nissan
7.5.1 Nissan Company Information
7.5.2 Nissan Introduction and Business Overview
7.5.3 Nissan Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Nissan Residential Energy Storage Systems Product Offerings
7.5.5 Nissan Recent Development
7.6 Sonnen Corporation
7.6.1 Sonnen Corporation Company Information
7.6.2 Sonnen Corporation Introduction and Business Overview
7.6.3 Sonnen Corporation Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Sonnen Corporation Residential Energy Storage Systems Product Offerings
7.6.5 Sonnen Corporation Recent Development
7.7 Sunverge Energy
7.7.1 Sunverge Energy Company Information
7.7.2 Sunverge Energy Introduction and Business Overview
7.7.3 Sunverge Energy Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Sunverge Energy Residential Energy Storage Systems Product Offerings
7.7.5 Sunverge Energy Recent Development
7.8 Ceres Power Holdings
7.8.1 Ceres Power Holdings Company Information
7.8.2 Ceres Power Holdings Introduction and Business Overview
7.8.3 Ceres Power Holdings Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Ceres Power Holdings Residential Energy Storage Systems Product Offerings
7.8.5 Ceres Power Holdings Recent Development
7.9 Solomon Technologies
7.9.1 Solomon Technologies Company Information
7.9.2 Solomon Technologies Introduction and Business Overview
7.9.3 Solomon Technologies Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Solomon Technologies Residential Energy Storage Systems Product Offerings
7.9.5 Solomon Technologies Recent Development
7.10 Yanmar
7.10.1 Yanmar Company Information
7.10.2 Yanmar Introduction and Business Overview
7.10.3 Yanmar Residential Energy Storage Systems Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Yanmar Residential Energy Storage Systems Product Offerings
7.10.5 Yanmar Recent Development
8 Industry Chain Analysis
8.1 Residential Energy Storage Systems Industrial Chain
8.2 Residential Energy Storage Systems Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Residential Energy Storage Systems Sales Model
8.5.2 Sales Channel
8.5.3 Residential Energy Storage Systems Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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