Residential battery market

Residential Battery Market, By Type (Lithium-ion Battery and Lead-acid Battery), By Power Output (3-6 kW, 6-10 kW, and 10-20 kW), By Operation Type (Standalone Systems and Solar and Storage Systems), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Apr 2024
  • CMI5168
  • 170 Pages
  • Excel & Pdf
  • Semiconductors
N/A

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Power Output
      • Market Snippet, By Operation Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
    • Impact of COVID-19 Pandemic
  4. Global Residential Battery Market, By Type, 2019-2031 (US$ Million)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Lithium-ion Battery
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Million)
    • Lead-acid Battery
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Million)
  5. Global Residential Battery Market, By Power Output, 2019-2031 (US$ Million)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • 3-6  kW
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Million)
    • 6-10  kW
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Million)
    • 10-20 kW
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Million)
  6. Global Residential Battery Market, By Operation Type, 2019-2031 (US$ Million)
    • Introduction
      • Market Share Analysis, 2024 and 2031 (%)
      • Y-o-Y Growth Analysis, 2019-2031
      • Segment Trends
    • Standalone Systems
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Million)
    • Solar and Storage Systems
      • Introduction
      • Market Size and Forecast, 2019–2031, (US$ Million)
  7. Global Residential Battery Market, By Region, 2019-2031 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2024 and 2031 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Power Output, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Operation Type, 2019–2031 (US$ Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Power Output, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Operation Type, 2019–2031 (US$ Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • U.K.
        • Germany
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Power Output, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Operation Type, 2019–2031 (US$ Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Power Output, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Operation Type, 2019–2031 (US$ Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Power Output, 2019–2031 (US$ Million)
      • Market Size and Forecast, By Operation Type, 2019–2031 (US$ Million)
      • Market Share Analysis, By Country, 2024 and 2031 (%)
        • South Africa
        • GCC Countries
        • Rest of the Middle East and Africa
  8. Competitive Landscape
    • Company Profiles
      • Amara Raja Batteries Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • BYD Co. Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Delta Electronics Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Duracell Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Energizer Holding Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • FIMER SpA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • LG Energy Solution Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Luminous Power Technologies Pvt. Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • NEC Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Panasonic Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Samsung SDI Co. Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Tesla Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  9. Wheel of Fortune
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Residential Battery Market - Global forecast to 2031”

Market Segmentation

  • By Type
    • Lithium-ion Battery
    • Lead-acid Battery
  • By Power Output
    • 3-6  kW
    • 6-10  kW
    • 10-20 kW
  • By Operation Type
    • Standalone Systems
    • Solar and Storage Systems
  • By Regional
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa 
- Frequently Asked Questions -

What will be the CAGR of the residential battery market in 2024?

The CAGR of the residential battery market is projected to be 18.3% from 2024 to 2031.

What are the major factors driving the residential battery market growth?

Integration of renewable energy and energy storage and rise of smart home appliances and surge in electric vehicles are the major factors driving the growth of the residential battery market.

What are the key factors hampering growth of the residential battery market?

High upfront costs and consumer perception and varying standards and regulations across different regions and jurisdictions are the major factors hampering the growth of the residential battery market.

Which is the leading type in the residential battery market in 2024?

In terms of type, lithium-ion battery is estimated to dominate the market revenue share in 2024.

Which are the major players operating in the residential battery market?

Amara Raja Batteries Ltd, BYD Co. Ltd, Delta Electronics Ltd, Duracell Inc., Energizer Holding Inc., FIMER SpA, LG Energy Solution Ltd, Luminous Power Technologies Pvt. Ltd, NEC Corporation, Panasonic Corporation, Samsung SDI Co. Ltd, Siemens AG, and Tesla Inc. are the major players.

Which region will lead the residential battery market in 2024?

Asia Pacific is expected to lead the residential battery market in 2024.
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