デフォルト表紙
市場調査レポート
商品コード
1541718

住宅用バッテリー市場レポート:タイプ別、定格電力別、オペレーション別、地域別、2024年~2032年

Residential Battery Market Report by Type (Lithium-ion Battery, Lead-acid Battery, and Others), Power Rating (3-6 kW, 6-10 kW, More than 10 kW), Operation (Standalone, Solar), and Region 2024-2032


出版日
発行
IMARC
ページ情報
英文 148 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円
住宅用バッテリー市場レポート:タイプ別、定格電力別、オペレーション別、地域別、2024年~2032年
出版日: 2024年08月10日
発行: IMARC
ページ情報: 英文 148 Pages
納期: 2~3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

住宅用バッテリーの世界市場規模は2023年に139億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに398億米ドルに達し、2024年から2032年の間に12.03%の成長率(CAGR)を示すと予測しています。同市場は、再生可能エネルギー源の急速な普及、バッテリー技術のコスト削減、政府による優遇措置や規制、エネルギー貯蔵ソリューションの需要増加、スマートホームシステムとの統合、バッテリー技術の進歩、電気自動車(EV)充電インフラの急速な拡大などによって推進されています。

住宅用バッテリー市場分析:

主な市場促進要因:再生可能エネルギー源の採用増加、バッテリー技術のコスト削減、有利な政府インセンティブと規制、エネルギー貯蔵ソリューションの需要増加が主な市場促進要因として挙げられます。

主要市場動向:主な市場動向には、スマートホームシステムとの統合、分散型エネルギーシステムの増加、先進バッテリー技術の進歩、電気自動車(EV)充電インフラの拡大などがあります。

地理的動向:再生可能エネルギーの利用拡大、政府の強力な支援、急速な都市化とエネルギー需要の増加が、アジア太平洋地域の住宅用電池需要を積極的に牽引しています。

競合情勢:Amara Raja Batteries Limited、Delta Electronics Inc.、Eaton Corporation plc、Energizer Holdings Inc.、FIMER S.p.A.、LG Energy Solution Ltd.、Luminous Power Technologies Pvt.(シュナイダーエレクトリックSE)、パナソニック株式会社、Samsung SDI Co.Ltd.、SMA Solar Technology AG、Tesla Inc.などが住宅用バッテリー業界の主要プレーヤーです。

課題と機会:この業界の課題には、多額の初期投資が必要なこと、多くの地域で規制と政策が変化していること、原材料の入手が制限されサプライチェーンが寸断されていることなどがあります。一方、電池技術の継続的な進歩、新興国市場におけるエネルギー・ソリューションに対する需要の増加、送電網の安定性とエネルギー管理を改善する機会が市場の成長を後押ししています。

住宅用バッテリー市場傾向:

再生可能エネルギー源の採用増加

持続可能性とカーボンフットプリントの削減に対する世界の関心の高まりは、再生可能エネルギー、特に太陽光発電と風力発電の採用を増加させている主な要因の一つです。IEA(INTERNATIONAL ENERGY AGENCY)によると、2022年には約1億3,000万kWの太陽光発電システムが一般家庭に設置され、これは約2,500万ユニットを占める。この転換は、気候変動の緩和と環境衛生の促進にとって極めて重要です。しかし、こうしたエネルギー源の断続的な性質は、信頼性の高い電力供給を確保する上での課題となっています。住宅用蓄電池システムは、太陽光パネルの晴天時など発電量がピークに達する時間帯に発電した余剰エネルギーを蓄え、夜間や曇天時など発電量が低下する時間帯に利用することを可能にする、重要なソリューションとして登場しました。この蓄電機能により、再生可能エネルギーを最大限に活用することができ、化石燃料に依存しがちな従来の電力網への依存も減らすことができます。住宅用バッテリーシステムを再生可能エネルギー源と統合することで、住宅所有者はより大きなエネルギー自立とコスト削減を達成し、より持続可能なエネルギー・エコシステムに貢献することができます。再生可能エネルギーと蓄電池の相乗効果は、低炭素な未来への移行を加速するために不可欠です。

バッテリー技術のコスト削減

電池技術、特にリチウムイオン電池の進歩は、過去10年間の大幅なコスト削減につながった。この大幅なコスト低下は、製造工程の改善、規模の経済、電池メーカー間の競合激化など、いくつかの要因によるところが大きいです。製造技術の向上により生産が合理化され、無駄が省かれ、効率が向上する一方、規模の経済により生産量の増加に伴い単位当たりのコストが低下しています。さらに、競合情勢は激化しており、市場に参入する企業が増え、技術革新と価格引き下げを推進しています。BLOOMBER NEFによると、リチウムイオン電池パックの平均価格は2010年から2020年にかけて89%急落し、1キロワット時(kWh)あたり1,100ドルからわずか137ドルにまで下がった。この劇的な価格下落により、住宅用蓄電池システムは住宅所有者にとってかなり手頃な価格となり、住宅用バッテリー市場の見通しを効果的に明るいものにしています。

有利な政府のインセンティブと規制

政府の政策とインセンティブは、住宅用蓄電池システムの採用を推進する上で極めて重要であり、これらの技術をより身近で魅力的なものにするために必要な財政的支援を住宅所有者に提供しています。多くの国が、エネルギー貯蔵ソリューションへの投資促進を目的とした様々な補助金、税額控除、リベートプログラムを導入しています。例えば米国では、連邦政府による投資税額控除(ITC)が、蓄電池を含む太陽光発電システムの設置に多額の財政的インセンティブを提供し、消費者の総コストを大幅に引き下げています。さらに、いくつかの州では独自のリベート制度や優遇措置を実施しており、住宅所有者の経済的負担をさらに軽減し、住宅用バッテリー市場の大幅な成長につながっています。欧州では、ドイツやイタリアなどの国が、住宅用エネルギー貯蔵を促進するために特別に設計された有利な規制や資金提供制度を導入することによって、積極的な措置を講じています。これらのイニシアチブは、エネルギー・ミックスにおける再生可能エネルギーの比率を高めることを目的とした、より広範な再生可能エネルギー目標に沿ったものです。このような政府の動きは、エネルギー貯蔵ソリューションをより多くの人々にとって経済的に実行可能なものにし、業界内の革新と競争を促進することで、市場の成長を刺激します。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の住宅用バッテリー市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:タイプ別

  • リチウムイオン電池
    • 市場動向
    • 市場予測
  • 鉛蓄電池
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:定格電力別

  • 3~6kW
    • 市場動向
    • 市場予測
  • 6~10kW
    • 市場動向
    • 市場予測
  • 10kW以上
    • 市場動向
    • 市場予測

第8章 市場内訳:オペレーション別

  • スタンドアロン
    • 市場動向
    • 市場予測
  • ソーラー
    • 市場動向
    • 市場予測

第9章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Amara Raja Batteries Limited
    • Delta Electronics Inc.
    • Eaton Corporation plc
    • Energizer Holdings Inc.
    • FIMER S.p.A.
    • LG Energy Solution Ltd.
    • Luminous Power Technologies Pvt. Ltd.(Schneider Electric SE)
    • Panasonic Corporation
    • Samsung SDI Co. Ltd.
    • SMA Solar Technology AG
    • Tesla Inc.
図表

List of Figures

  • Figure 1: Global: Residential Battery Market: Major Drivers and Challenges
  • Figure 2: Global: Residential Battery Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Residential Battery Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Residential Battery Market: Breakup by Type (in %), 2023
  • Figure 5: Global: Residential Battery Market: Breakup by Power Rating (in %), 2023
  • Figure 6: Global: Residential Battery Market: Breakup by Operation (in %), 2023
  • Figure 7: Global: Residential Battery Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Residential Battery (Lithium-ion Battery) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Residential Battery (Lithium-ion Battery) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Residential Battery (Lead-acid Battery) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Residential Battery (Lead-acid Battery) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Residential Battery (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Residential Battery (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Residential Battery (3-6 kW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Residential Battery (3-6 kW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Residential Battery (6-10 kW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Residential Battery (6-10 kW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Residential Battery (More than 10 kW) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Residential Battery (More than 10 kW) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Residential Battery (Standalone) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Residential Battery (Standalone) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Residential Battery (Solar) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Residential Battery (Solar) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: North America: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: North America: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: United States: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: United States: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Canada: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Canada: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Asia-Pacific: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Asia-Pacific: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: China: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: China: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Japan: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Japan: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: India: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: India: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: South Korea: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: South Korea: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Australia: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Australia: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: Indonesia: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: Indonesia: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: Others: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: Others: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Europe: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Europe: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Germany: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Germany: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: France: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: France: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: United Kingdom: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: United Kingdom: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Italy: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Italy: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: Spain: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: Spain: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: Russia: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: Russia: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Others: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Others: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Latin America: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Latin America: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Brazil: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Brazil: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Mexico: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Mexico: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Others: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Others: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Middle East and Africa: Residential Battery Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Middle East and Africa: Residential Battery Market: Breakup by Country (in %), 2023
  • Figure 72: Middle East and Africa: Residential Battery Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Global: Residential Battery Industry: SWOT Analysis
  • Figure 74: Global: Residential Battery Industry: Value Chain Analysis
  • Figure 75: Global: Residential Battery Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Residential Battery Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Residential Battery Market Forecast: Breakup by Type (in Million US$), 2024-2032
  • Table 3: Global: Residential Battery Market Forecast: Breakup by Power Rating (in Million US$), 2024-2032
  • Table 4: Global: Residential Battery Market Forecast: Breakup by Operation (in Million US$), 2024-2032
  • Table 5: Global: Residential Battery Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Residential Battery Market: Competitive Structure
  • Table 7: Global: Residential Battery Market: Key Players
目次
Product Code: SR112024A6447

The global residential battery market size reached US$ 13.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 39.8 Billion by 2032, exhibiting a growth rate (CAGR) of 12.03% during 2024-2032. The market is propelled by the rapidly rising adoption of renewable energy sources, reducing costs of battery technology, favorable government incentives and regulations, increasing demand for energy storage solutions, integration with smart home systems, advancement of battery technologies, and rapid expansion of electric vehicle (EV) charging infrastructure.

Residential Battery Market Analysis:

Major Market Drivers: Increasing adoption of renewable energy sources, reducing costs of battery technology, favorable government incentives and regulations, and increasing demand for energy storage solutions, are some of the major market drivers.

Key Market Trends: Some of the key market trends include the integration with smart home systems, rising growth of decentralized energy systems, advancement of advanced battery technologies, and increasing expansion of electric vehicle (EV) charging infrastructure.

Geographical Trends: The increasing utilization of renewable energy, robust government support, and rapid urbanization and rising energy demand is positively driving the residential battery demand across the Asia Pacific region.

Competitive Landscape: Amara Raja Batteries Limited, Delta Electronics Inc., Eaton Corporation plc, Energizer Holdings Inc., FIMER S.p.A., LG Energy Solution Ltd., Luminous Power Technologies Pvt. Ltd. (Schneider Electric SE), Panasonic Corporation, Samsung SDI Co. Ltd., SMA Solar Technology AG and Tesla Inc., are among some of the key players in the residential battery industry.

Challenges and Opportunities: Some of the challenges of this industry include high amount of initial investment needed, changing regulations and policies across numerous regions, and restricted availability of raw materials an supply chain disruptions. Whereas, continued advancements in battery technology, increasing demand for energy solutions in developing nations, and opportunities for improving grid stability and energy management are propelling the market growth.

Residential Battery Market Trends:

Rising Adoption of Renewable Energy Sources

The growing global emphasis on sustainability and reducing carbon footprints is one of the major factors that has increased the adoption of renewable energy sources, particularly solar and wind power. According to the INTERNATIONAL ENERGY AGENCY, (IEA) in the year 2022 approximately 130 GW of PV systems have been installed in households, which account for almost 25 million units. This shift is crucial for mitigating climate change and promoting environmental health. However, the intermittent nature of these energy sources poses a challenge for ensuring a reliable power supply. Residential battery storage systems have emerged as a vital solution, allowing homeowners to store excess energy generated during peak production times, such as sunny days for solar panels, and use it during periods when energy production is low, such as nighttime or cloudy days. This storage capability maximizes the utilization of renewable energy and also reduces reliance on traditional power grids, which often rely on fossil fuels. By integrating residential battery systems with renewable energy sources, homeowners can achieve greater energy independence, cost savings, and contribute to a more sustainable energy ecosystem. This synergy between renewable energy and battery storage is essential for accelerating the transition to a low-carbon future.

Reducing Costs of Battery Technology

Advancements in battery technology, particularly in lithium-ion batteries, have led to a substantial reduction in costs over the past decade. This significant cost decline is largely driven by several factors, such as improvements in manufacturing processes, economies of scale, and increased competition among battery producers. Enhanced manufacturing techniques have streamlined production, reduced waste and increasing efficiency, while economies of scale have lowered per-unit costs as production volumes have risen. Moreover, the competitive landscape has intensified, with more companies entering the market and driving innovation and price reductions. According to BLOOMBER NEF, the average price of lithium-ion battery packs plummeted by 89% from 2010 to 2020, decreasing from $1,100 per kilowatt-hour (kWh) to just $137 per kWh. This dramatic price drop has made residential battery storage systems significantly more affordable for homeowners, effectively creating a positive residential battery market outlook.

Favorable Government Incentives and Regulations

Government policies and incentives are pivotal in driving the adoption of residential battery storage systems, providing the financial support necessary to make these technologies more accessible and appealing to homeowners. Many countries have introduced a variety of subsidies, tax credits, and rebate programs aimed at encouraging investment in energy storage solutions. For instance, in the United States, the federal Investment Tax Credit (ITC) offers substantial financial incentives for installing solar energy systems that include battery storage, significantly lowering the overall cost for consumers. Additionally, several states have implemented their own rebate programs and incentives, further reducing the financial burden on homeowners and leading to a substantial residential battery market growth. In Europe, countries such as Germany and Italy have taken proactive steps by introducing favorable regulations and funding schemes specifically designed to promote residential energy storage. These initiatives are aligned with their broader renewable energy targets, aiming to increase the share of renewable energy in their energy mix. Such government actions stimulate market growth by making energy storage solutions more financially viable for a larger audience and drive innovation and competition within the industry.

Residential Battery Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type, power rating, and operation.

Breakup by Type:

Lithium-ion Battery

Lead-acid Battery

Others

Lithium-ion battery accounts for the majority of the market share

The residential battery market report has provided a detailed breakup and analysis of the market based on the type. This includes lithium-ion battery, lead-acid battery, and others. According to the report, lithium-ion battery represented the largest segment.

The residential battery market research report has provided a detailed breakup and analysis of the market based on the type. This includes lithium-ion battery, lead-acid battery, and others.

Lithium-ion batteries dominate the residential battery market due to their superior performance characteristics, including higher energy density, longer lifespan, and better efficiency compared to other battery types. These batteries have a high energy-to-weight ratio, which allows them to store more energy in a smaller and lighter package, making them particularly suitable for residential applications where space is often a constraint. The advanced chemistry of lithium-ion batteries ensures faster charging and discharging cycles, enhancing the overall efficiency and reliability of energy storage systems. Their lifecycle is also notably longer, often exceeding 10 years or thousands of charge cycles, which translates into lower maintenance and replacement costs over time. Additionally, the declining cost of lithium-ion technology has made these batteries increasingly affordable for homeowners.

Breakup by Power Rating:

3-6 kW

6-10 kW

More than 10 kW

A detailed breakup and analysis of the market based on the power rating have also been provided in the residential battery market report. This includes 3-6 kW, 6-10 kW, and more than 10 kW.

The 3-6 kW segment in the residential battery market hold a substantial portion of the residential battery market share, and typically caters to smaller households or those with moderate energy consumption. Systems in this power range are ideal for homes that primarily seek to store energy for basic necessities such as lighting, refrigeration, and small appliances. This segment is particularly popular among homeowners who have installed a modest number of solar panels and are looking to enhance their energy independence and resilience against power outages. These systems are cost-effective and offer a balance between performance and affordability, making them an attractive option for consumers who are new to energy storage or have limited space for larger installations.

The 6-10 kW segment serves medium to larger households with higher energy demands. These systems are capable of storing and managing a greater amount of energy, making them suitable for homes with multiple occupants or those using a variety of energy-intensive appliances, such as electric vehicles, HVAC systems, and large home entertainment systems. This segment often appeals to tech-savvy homeowners who are keen on integrating smart home technologies and advanced energy management systems. Additionally, 6-10 kW batteries provide a more substantial backup power source during outages, offering greater peace of mind for households concerned with energy security.

The more than 10 kW segment addresses the needs of very large households, small businesses, or those with exceptionally high energy usage. These systems are often part of comprehensive energy management strategies that include extensive solar panel arrays, electric vehicle charging stations, and sophisticated home automation systems. They are designed to handle significant energy loads, providing ample storage to cover peak usage periods and ensuring continuous operation of all home systems during power outages. Homes in this segment may also generate excess power, which can be fed back into the grid, potentially generating income through net metering programs.

Breakup by Operation:

Standalone

Solar

The research report has provided a detailed breakup and analysis of the market based on the operation. This includes standalone and solar.

Standalone residential battery systems are designed to operate independently of solar power installations. These systems store electricity from the grid during off-peak hours when energy prices are lower, and discharge it during peak hours when electricity rates are higher, thereby reducing the overall energy costs for homeowners. Standalone batteries are particularly beneficial in regions with significant fluctuations in electricity pricing or where peak demand charges are substantial. Additionally, these systems provide backup power during outages, enhancing the energy resilience of households.

Solar-integrated residential battery systems combine photovoltaic (PV) solar panels with battery storage, creating a comprehensive energy solution for homeowners. These systems enable the storage of excess solar energy generated during the day for use during the night or cloudy periods, ensuring a continuous and reliable power supply. This integration maximizes the utilization of renewable energy, reduces reliance on the traditional power grid, and minimizes electricity bills. Solar-integrated systems are particularly appealing in regions with high solar insolation and favorable policies for solar energy adoption. Government incentives, such as tax credits and rebates for solar installations, have significantly boosted the adoption of these systems.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific leads the market, accounting for the largest residential battery market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest regional market for residential batteries.

The Asia Pacific region is the largest and fastest-growing market for residential battery storage, driven by high demand for renewable energy and government initiatives. Countries such as China, Japan, South Korea, and Australia are leading the charge. China, in particular, dominates due to its substantial investments in solar energy and large-scale manufacturing capabilities, which have driven down costs. The government of China strong push for renewable energy integration and the adoption of electric vehicles also fuels the battery market. Japan, recovering from its nuclear power phase-out, has incentivized solar energy coupled with residential storage solutions to ensure energy security.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the residential battery industry include Amara Raja Batteries Limited, Delta Electronics Inc., Eaton Corporation plc, Energizer Holdings Inc., FIMER S.p.A., LG Energy Solution Ltd., Luminous Power Technologies Pvt. Ltd. (Schneider Electric SE), Panasonic Corporation, Samsung SDI Co. Ltd., SMA Solar Technology AG and Tesla Inc.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Key players in the residential battery market are making concerted efforts to drive the industry forward through innovation, strategic partnerships, and market expansion. These companies are heavily investing in research and development to enhance battery performance, increase energy density, and reduce costs. This focus on technological advancement is crucial for making residential battery systems more efficient and affordable for consumers. In addition to R&D, key players are forming strategic alliances with solar panel manufacturers, utilities, and home automation companies to create integrated energy solutions. These partnerships facilitate the development of comprehensive systems that offer homeowners a seamless and efficient way to harness, store, and use renewable energy. According to the residential battery market forecast, companies are also expanding their market reach by entering new geographic regions, particularly in emerging markets where the potential for growth is significant.

Latest News:

23 November, 2023: SVEA SOLAR has partnered with POLARIUM to offer the HOMEVOLT battery to its consumers, enabling energy storage to optimize usage and balance the grid. This collaboration allows households to benefit from new technologies for energy optimization and grid stabilization, potentially earning money while reducing electricity costs.

12 September, 2023: ANKER is set to unveil its latest home energy solutions, including the Anker SOLIX X1 Home Energy Solution, at the RE+ 2023 conference in Las Vegas. The flexible, modular design of the X1 allows users to customize their system with up to six battery packs per system (30kWh/6kW) or up to six systems in parallel (180kWh/36kW).

Key Questions Answered in This Report:

  • How has the global residential battery market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global residential battery market?
  • What is the impact of each driver, restraint, and opportunity on the global residential battery market?
  • What are the key regional markets?
  • Which countries represent the most attractive residential battery market?
  • What is the breakup of the market based on the type?
  • Which is the most attractive type in the residential battery market?
  • What is the breakup of the market based on the power rating?
  • Which is the most attractive power rating in the residential battery market?
  • What is the breakup of the market based on the operation?
  • Which is the most attractive operation in the residential battery market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global residential battery market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Residential Battery Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Lithium-ion Battery
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Lead-acid Battery
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Others
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Power Rating

  • 7.1 3-6 kW
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 6-10 kW
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 More than 10 kW
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Operation

  • 8.1 Standalone
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Solar
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Amara Raja Batteries Limited
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
    • 14.3.2 Delta Electronics Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Eaton Corporation plc
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Energizer Holdings Inc.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 FIMER S.p.A.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 LG Energy Solution Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
    • 14.3.7 Luminous Power Technologies Pvt. Ltd. (Schneider Electric SE)
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Panasonic Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Samsung SDI Co. Ltd.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 SMA Solar Technology AG
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Tesla Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis