Residential Energy Storage Market Size, Share & Growth Analysis By Technology (Lithium-Ion Batteries, Lead-Acid Batteries), By Ownership Type (Utility Owned, Customer Owned, Third-Party Owned), By Connectivity Type (On-Grid, Off-Grid), And Regional Forecast, 2021-2027

Category:Energy, Power & Utilities
Published on:May 2021
Pages:200
Formats:
Report Code:40667

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Report Overview

Report Summary

The Global Residential Energy Storage Market Size, Share & Growth Analysis By Technology (Lithium-Ion Batteries, Lead-Acid Batteries), By Ownership Type (Utility Owned, Customer Owned, Third-Party Owned), By Connectivity Type (On-Grid, Off-Grid), And Regional Forecast, 2021-2027, This research & consulting report doles out information about the global Residential Energy Storage market. The forecast period of the market extends till 2027, while commencing in 2020. The report sheds light on various key insights & trends that have occupied center stage & drawn the attention of end-users. The Residential Energy Storage industry is witnessing impressive expansion at present, having logged double digit CAGRs in the past.

The report alludes to the Residential Energy Storage market as a lucrative sector. This sector is slated to generate substantial revenues during forecast period 2021 to 2027. The analytical report highlights data & overview regarding the size, shares, & demand of Residential Energy Storage. Several other factors have had a positive or negative impact on the industry, all of which have been laid out in details.

Pros & Scope of The Report

The said factors comprise drivers, novel prospects, hindrances, and other vital characteristics of the market. Investments by rivals into Residential Energy Storage products have catapulted the market into limelight & have stoked its demand, globally.

Few among other key aspects that find a mention; encompass the industry segments, predictions, & size and shares for 2021 to 2027. Besides these; the report narrows down on the innovative trends & technological developments, expansion strategies of key players, and regional statistics.

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Some Of The Companies For Residential Energy Storage Market Are:

More Inputs & Objectives

The manner in which nascent & local competitors stack up against prominent players, hogs the spotlight. Novel products & services, coupled with the monetary shares of eminent competitors and the SWOT analysis unveil the complexities of the global industry size.

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends from 2021 to 2027 in each of the sub segments. For the purpose of this study, Eternity Insights has segmented the global Residential Energy Storage market on the basis of type, source property, application, industry vertical and region:

Residential Energy Storage Market, By Power Rating

3–6 kW
6–10 kW

Residential Energy Storage Market, By Operation Type

Standalone systems
Solar and storage

Residential Energy Storage Market, By Technology

Lithium-ion
Lead–Acid

Residential Energy Storage Market, By Ownership Type

Customer owned
Utility owned
Third-party owned

Residential Energy Storage Market, By Connectivity Type

On-grid
Off-grid

Residential Energy Storage Market, By Regional Outlook

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Rest of Europe
Rest of the World
- Latin America
- Middle East & Africa
Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific

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Research Methodology

Research methodology is an integral component of any kind of high-level market research. It entails evaluation by expert panels, research on secondary & primary levels, checks on quality, & testing on completion. Secondary research deeply focuses on the whys, whos, wheres, whens, & hows and caters to answering the strictly consumer-centric base of people.

Some other secondary research sources comprise governmental affiliations & blogs, business magazines, and industrial journals. Primary research includes face-to-face & telephonic interviews with industry experts. It is comparatively more detailed & lays stress on unprejudiced opinions about the products & services.

Primary research findings cement secondary research & help end-users & businesses get a better hang of various markets. It is a well-established fact, though, that research methodology is best implemented through the mixed execution of its aforementioned procedures.

What Does the Report Offer?

A break down & profiling of the qualitative & quantitative analysis of the industry.
An in-depth overview of the segments & sub-segments of the industry, unlocking their shares and positions.
Data on market players & their growth strategies.
Industry outlook, via value chains.
Mergers & acquisitions, the SWOT analysis of prominent competitors, and high-tech product launches.
Drivers, hindrances, factors that positively & negatively impact the market, and new opportunities.
Crucial information and actionable insights, enabling businesses to widen their traction & to have an edge over others.
Regions into which the global market is fragmented and the reigning regional markets & their respective shares & revenues.
Analytical support on the purchases made/orders passed.

Other Vital Points That Are Covered

The impact of Covid-19 on each of the segments of the Residential Energy Storage market.

The suppliers, manufacturers, raw materials, dominating players, etc.

Key regional contributors & their shares in the past and the future.

Evaluation of most of the important countries within particular regions in view of their revenues, supplies, supremacy, business returns, & consumption volumes.

Advanced technologies that surround the market and comprehensive outlook on industry applications, products, end-users, & regions.

Technological & statistical data to cater to the demands of businesses, shareholders, & companies and to help them grow further.

Comparison of competitors against other players and the dominant companies during the forecast period. Strategies employed by reigning stakeholders to gain further traction & to generate higher revenues.

End users that are ahead in the rat race and the positive factors that influence those end users.

Applications that should come out on top by the end of the forecast period.

Products that occupy the maximum shares and the drivers behind those products.

Factors that bode well for the Residential Energy Storage market and a mention of other industries that are closely associated with the Residential Energy Storage market.

Regions that open the floodgates to higher investments and greater opportunities.

Records of the market sales, volumes, CAGRs, & shares.

The market report also brings to light major opportunities and untapped geographies. It is more like a blend of customized research documents & conventional reports. Besides informing buyers about the pros & cons of direct and indirect sales channels, the analysis exhibits illustrations & graphical representations of industry growth and the innovative trends within the industry.

Table Of Contents

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2027

Chapter 3. Key Insights

Chapter 4. Residential Energy Storage Market Segmentation & Impact Analysis

4.1. Residential Energy Storage Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Decreasing costs of batteries

4.2.2.2. Rapid growth of renewable energy

4.2.2.3. Rising need to reduce electricity costs

4.2.2.4. Growing initiatives to reduce ecological footprint

4.2.2.5. Government incentives for installing residential storage

4.2.3. Market restraints analysis

4.2.3.1. Lack of awareness regarding storage technology

4.2.3.2. Limited availability of highly skilled and experienced workforce

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 5. Residential Energy Storage Market By Technology Insights & Trends, Revenue (USD Billion)

5.1. Technology Dynamics & Market Share, 2021 & 2027

5.1.1. Lithium-ion batteries

5.1.2. Lead-acid batteries

Chapter 6. Residential Energy Storage Market By Ownership type Insights & Trends, Revenue (USD Billion)

6.1. Ownership type Dynamics & Market Share, 2021 & 2027

6.1.1. Utility owned

6.1.2. Customer owned

6.1.3. Third-party owned

Chapter 7. Residential Energy Storage Market By Connectivity type Insights & Trends Revenue (USD Billion)

7.1. Connectivity type Dynamics & Market Share, 2021 & 2027

7.1.1. On-grid

7.1.2. Off-grid

Chapter 8. Residential Energy Storage Market Regional Outlook

8.1. Residential Energy Storage Market share By Region, 2021 & 2027

8.2. North America

8.2.1. Market By Technology, Market Estimates and Forecast, USD Billion

8.2.1.1. Lithium-ion batteries

8.2.1.2. Lead-acid batteries

8.2.2. Market By Ownership type, Market Estimates and Forecast, USD Billion

8.2.2.1. Utility owned

8.2.2.2. Customer owned

8.2.2.3. Third-party owned

8.2.3. Market By Connectivity type, Market Estimates and Forecast, USD Billion

8.2.3.1. On-grid

8.2.3.2. Off-grid

8.2.4. Market By Country, Market Estimates and Forecast, USD Billion

8.2.4.1. US

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. Europe

8.3.1. Market By Technology, Market Estimates and Forecast, USD Billion

8.3.1.1. Lithium-ion batteries

8.3.1.2. Lead-acid batteries

8.3.2. Market By Ownership type, Market Estimates and Forecast, USD Billion

8.3.2.1. Utility owned

8.3.2.2. Customer owned

8.3.2.3. Third-party owned

8.3.3. Market By Connectivity type, Market Estimates and Forecast, USD Billion

8.3.3.1. On-grid

8.3.3.2. Off-grid

8.3.4. Market By Country, Market Estimates and Forecast, USD Billion

8.3.4.1. Germany

8.3.4.2. France

8.3.4.3. U.K.

8.3.4.4. BENELUX

8.3.4.5. Italy

8.3.4.6. Spain

8.3.4.7. Rest of Europe

8.4. Asia-Pacific

8.4.1. Market By Technology, Market Estimates and Forecast, USD Billion

8.4.1.1. Lithium-ion batteries

8.4.1.2. Lead-acid batteries

8.4.2. Market By Ownership type, Market Estimates and Forecast, USD Billion

8.4.2.1. Utility owned

8.4.2.2. Customer owned

8.4.2.3. Third-party owned

8.4.3. Market By Connectivity type, Market Estimates and Forecast, USD Billion

8.4.3.1. On-grid

8.4.3.2. Off-grid

8.4.4. Market By Country, Market Estimates and Forecast, USD Billion

8.4.4.1. China

8.4.4.2. Japan

8.4.4.3. South Korea

8.4.4.4. India

8.4.4.5. Rest of APAC

8.5. Latin America

8.5.1. Market By Technology, Market Estimates and Forecast, USD Billion

8.5.1.1. Lithium-ion batteries

8.5.1.2. Lead-acid batteries

8.5.2. Market By Ownership type, Market Estimates and Forecast, USD Billion

8.5.2.1. Utility owned

8.5.2.2. Customer owned

8.5.2.3. Third-party owned

8.5.3. Market By Connectivity type, Market Estimates and Forecast, USD Billion

8.5.3.1. On-grid

8.5.3.2. Off-grid

8.5.4. Market By Country, Market Estimates and Forecast, USD Billion

8.5.4.1. Brazil

8.5.4.2. Rest of LATAM

8.6. Middle East and Africa

8.6.1. Market By Technology, Market Estimates and Forecast, USD Billion

8.6.1.1. Lithium-ion batteries

8.6.1.2. Lead-acid batteries

8.6.2. Market By Ownership type, Market Estimates and Forecast, USD Billion

8.6.2.1. Utility owned

8.6.2.2. Customer owned

8.6.2.3. Third-party owned

8.6.3. Market By Connectivity type, Market Estimates and Forecast, USD Billion

8.6.3.1. On-grid

8.6.3.2. Off-grid

8.6.4. Market By Country, Market Estimates and Forecast, USD Billion

8.6.4.1. Saudi Arabia

8.6.4.2. UAE

8.6.4.3. South Africa

8.6.4.4. Rest of MEA

Chapter 9. Competitive Landscape

9.1. Market Revenue Share By Manufacturers

9.2. Mergers & Acquisitions

9.3. Competitor’s Positioning

9.4. Strategy Benchmarking

9.5. Vendor Landscape

9.5.1. Raw Material Suppliers

9.5.1.1. North America

9.5.1.2. Europe

9.5.1.3. Asia Pacific

9.5.1.4. Middle East & Africa

9.5.1.5. Latin America

9.5.2. Distributors

9.5.2.1. North America

9.5.2.2. Europe

9.5.2.3. Asia Pacific

9.5.2.4. Middle East & Africa

9.5.2.5. Latin America

9.5.3. Others

Chapter 10. Company Profiles

10.1. ABB

10.1.1. Company Overview

10.1.2. Product & Service Offerings

10.1.3. Strategic Initiatives

10.1.4. Financials

10.1.5. Eternity Insights

10.2. Samsung SDI Co

10.2.1. Company Overview

10.2.2. Product & Service Offerings

10.2.3. Strategic Initiatives

10.2.4. Financials

10.2.5. Eternity Insights

10.3. Tesla, Inc.

10.3.1. Company Overview

10.3.2. Product & Service Offerings

10.3.3. Strategic Initiatives

10.3.4. Financials

10.3.5. Eternity Insights

10.4. BYD Company

10.4.1. Company Overview

10.4.2. Product & Service Offerings

10.4.3. Strategic Initiatives

10.4.4. Financials

10.4.5. Eternity Insights

10.5. Eguana Technologies

10.5.1. Company Overview

10.5.2. Product & Service Offerings

10.5.3. Strategic Initiatives

10.5.4. Financials

10.5.5. Eternity Insights

10.6. Schneider Electric

10.6.1. Company Overview

10.6.2. Product & Service Offerings

10.6.3. Strategic Initiatives

10.6.4. Financials

10.6.5. Eternity Insights

10.7. Siemens

10.7.1. Company Overview

10.7.2. Product & Service Offerings

10.7.3. Strategic Initiatives

10.7.4. Financials

10.7.5. Eternity Insights

10.8. Huawei

10.8.1. Company Overview

10.8.2. Product & Service Offerings

10.8.3. Strategic Initiatives

10.8.4. Financials

10.8.5. Eternity Insights

10.9. Eaton Corporation plc

10.9.1. Company Overview

10.9.2. Product & Service Offerings

10.9.3. Strategic Initiatives

10.9.4. Financials

10.9.5. Eternity Insights

10.10. LG Chem

10.10.1. Company Overview

10.10.2. Product & Service Offerings

10.10.3. Strategic Initiatives

10.10.4. Financials

10.10.5. Eternity Insights

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