住宅用バッテリーの市場規模、シェア、動向、予測：タイプ別、定格出力別、運用別、地域別、2025～2033年

住宅用バッテリーの世界市場規模は2024年に155億7,000万米ドルとなりました。今後、IMARC Groupは、2033年には432億8,000万米ドルに達し、2025～2033年にかけて11.43%のCAGRを示すと予測しています。再生可能エネルギーソリューションに対する需要の増加、エネルギー貯蔵システムに対する政府の優遇措置、エネルギー自立と持続可能性に対する消費者の関心の高まりが、2024年の市場を牽引しています。

住宅用バッテリー市場は、太陽光発電などの再生可能エネルギーソリューションに対する需要の高まりが、住宅所有者に効率的なエネルギー貯蔵オプションを求めることを促しています。例えば、米国では太陽光発電を導入している家庭の11％が蓄電池システムを導入しています。さらに、クリーンエネルギーシステムに対する政府の奨励金や補助金が増加していることも、電池の採用を促進し、市場の成長を後押ししています。さらに、電気料金の高騰により、エネルギー貯蔵ソリューションが送電網への依存を減らす上でより魅力的なものとなり、市場の需要に拍車をかけています。このほか、エネルギー安全保障や停電に対する懸念の高まりがバックアップ電源の必要性を高め、市場に弾みをつけています。さらに、スマートホーム技術の拡大により、エネルギー管理システムとバッテリーが統合され、市場の推進力となっています。

米国の住宅用バッテリー市場は、主に送電網の不安定化や自然災害の増加によって、信頼性の高いバックアップ電源の需要が高まっています。これに伴い、州レベルの再生可能エネルギー義務化がエネルギー貯蔵システムの設置を奨励し、市場の成長を促進しています。さらに、蓄電池技術の進歩により、エネルギー密度、寿命、費用対効果が向上しており、これが市場の需要に拍車をかけています。さらに、電気自動車（EV）と家庭用充電ステーションへのシフトは、住宅用バッテリーとの相乗効果を生み出し、市場拡大を後押ししています。これと同時に、エネルギー自給に対する消費者の嗜好の高まりが、オフグリッドやハイブリッドシステムの必要性を煽り、市場成長の触媒となっています。例えば、ノーチラス・ソーラーはコミュニティ・ソーラーを扱っており、米国内の10市場で100のプロジェクトを展開しており、エネルギー貯蔵ソリューションの開発をさらに後押ししています。

住宅用バッテリー市場動向

再生可能エネルギーの採用拡大

持続可能性とカーボンフットプリントの削減が重視されるようになり、再生可能エネルギー（RE）、特に太陽光発電と風力発電の導入が増加しています。国際エネルギー機関（IEA）によると、2022年には約130ギガワット（GW）の太陽光発電（PV）システムが一般家庭に設置され、その数は約2,500万個に達します。このシフトは、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。そのため、住宅用蓄電池システムは、日中やエネルギー生産が多い時間帯に電力を回収し、エネルギー生産が少ない夜間などに使用することを可能にする重要な製品となっています。この蓄電機能は、再生可能エネルギーの利用を最適化すると同時に、化石エネルギー源に依存する大規模送電網への依存を最小限に抑えます。これに加えて、住宅用バッテリーシステムが再生可能エネルギーと結びついていれば、住宅所有者はエネルギーの自給自足が可能になり、電気代が下がり、サステイナブル電力システムの構築に貢献します。再生可能エネルギーと蓄電池の組み合わせは、世界が低炭素経済を推進する上で極めて重要です。

バッテリー技術のコスト削減

リチウムイオンバッテリーにおけるバッテリー技術の継続的な進歩は、過去10年間の大幅なコスト削減につながりました。この大幅なコスト低下は、製造プロセスの強化や電池メーカー間の競争激化といった要因によるところが大きいです。さらに、製造における継続的な技術進歩により、生産が容易かつ低コストとなり、大量の製品を一括で生産できるようになったため、製品1個当たりの生産コストが低下しました。しかし、競争は激化し、より多くの企業が市場に製品を投入するようになり、その結果、改良が進み、コストが低下しています。Bloomberg NEFによると、リチウムイオン電池パックの平均価格は2010～2020年にかけて89％急落し、1キロワット時（kWh）あたり1,100米ドルからわずか137米ドルまで下がりました。この大幅な価格下落により、住宅用バッテリー蓄電システムは住宅所有者にとってより手頃な価格となり、住宅用バッテリー市場の展望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

住宅用バッテリー蓄電システムを住宅所有者がより利用しやすく魅力的なものにするためには、財政的支援が必要であるため、政府の好意的な施策とインセンティブは、住宅用バッテリー蓄電システムの採用を増やす上で極めて重要です。2023年から24年の連邦予算によると、インド政府は全体容量が4,000MWhを超える蓄電池プロジェクトの計画を導入しました。いくつかの国では、エネルギー貯蔵ソリューションへの投資を奨励する目的で、さまざまな補助金、税額控除、リベート制度を導入しています。例えば米国では、連邦投資税額控除（ITC）が、蓄電池を含む太陽光発電システムの導入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。また、いくつかの地域ではリベート制度や優遇措置が採用され、住宅所有者のコストプレッシャーが取り除かれた結果、大きな住宅用バッテリー市場が形成されています。欧州、ドイツ、イタリアなどの国々は、住宅用エネルギー貯蔵を支援できるような適切な施策や資金調達の仕組みを作ることに積極的です。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たいという願望を含む、彼らの広範な再生可能エネルギー施策に沿ったものです。これらは、技術進歩と産業競争を促進しながら、エネルギー貯蔵ソリューションの潜在的な収益性をより広い利害関係者に広げることで、市場拡大を支援しています。

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
• 主要産業動向

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
• 鉛蓄電池
• その他

第7章 市場内訳：定格出力別

• 3～6kW
• 6～10kW
• 10kW以上

第8章 市場内訳：運用別

• スタンドアロン
• 太陽光

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋
  • 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
  • 市場内訳：国別

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.

List of Figures

• Figure 1: Global: Residential Battery Market: Major Drivers and Challenges
• Figure 2: Global: Residential Battery Market: Sales Value (in Billion USD), 2019-2024
• Figure 3: Global: Residential Battery Market Forecast: Sales Value (in Billion USD), 2025-2033
• Figure 4: Global: Residential Battery Market: Breakup by Type (in %), 2024
• Figure 5: Global: Residential Battery Market: Breakup by Power Rating (in %), 2024
• Figure 6: Global: Residential Battery Market: Breakup by Operation (in %), 2024
• Figure 7: Global: Residential Battery Market: Breakup by Region (in %), 2024
• Figure 8: Global: Residential Battery (Lithium-ion Battery) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 9: Global: Residential Battery (Lithium-ion Battery) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 10: Global: Residential Battery (Lead-acid Battery) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 11: Global: Residential Battery (Lead-acid Battery) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 12: Global: Residential Battery (Other Types) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 13: Global: Residential Battery (Other Types) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 14: Global: Residential Battery (3-6 kW) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 15: Global: Residential Battery (3-6 kW) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 16: Global: Residential Battery (6-10 kW) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 17: Global: Residential Battery (6-10 kW) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 18: Global: Residential Battery (More than 10 kW) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 19: Global: Residential Battery (More than 10 kW) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 20: Global: Residential Battery (Standalone) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 21: Global: Residential Battery (Standalone) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 22: Global: Residential Battery (Solar) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 23: Global: Residential Battery (Solar) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 24: North America: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 25: North America: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 26: United States: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 27: United States: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 28: Canada: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 29: Canada: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 30: Asia-Pacific: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 31: Asia-Pacific: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 32: China: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 33: China: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 34: Japan: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 35: Japan: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 36: India: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 37: India: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 38: South Korea: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 39: South Korea: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 40: Australia: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 41: Australia: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 42: Indonesia: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 43: Indonesia: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 44: Others: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 45: Others: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 46: Europe: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 47: Europe: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 48: Germany: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 49: Germany: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 50: France: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 51: France: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 52: United Kingdom: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 53: United Kingdom: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 54: Italy: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 55: Italy: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 56: Spain: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 57: Spain: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 58: Russia: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 59: Russia: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 60: Others: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 61: Others: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 62: Latin America: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 63: Latin America: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 64: Brazil: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 65: Brazil: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 66: Mexico: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 67: Mexico: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 68: Others: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 69: Others: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 70: Middle East and Africa: Residential Battery Market: Sales Value (in Million USD), 2019 & 2024
• Figure 71: Middle East and Africa: Residential Battery Market: Breakup by Country (in %), 2024
• Figure 72: Middle East and Africa: Residential Battery Market Forecast: Sales Value (in Million USD), 2025-2033
• 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, 2024 and 2033
• Table 2: Global: Residential Battery Market Forecast: Breakup by Type (in Million USD), 2025-2033
• Table 3: Global: Residential Battery Market Forecast: Breakup by Power Rating (in Million USD), 2025-2033
• Table 4: Global: Residential Battery Market Forecast: Breakup by Operation (in Million USD), 2025-2033
• Table 5: Global: Residential Battery Market Forecast: Breakup by Region (in Million USD), 2025-2033
• Table 6: Global: Residential Battery Market: Competitive Structure
• Table 7: Global: Residential Battery Market: Key Players

The global residential battery market size was valued at USD 15.57 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 43.28 Billion by 2033, exhibiting a CAGR of 11.43% from 2025-2033. Asia Pacific currently dominates the market in 2024, driven by increasing demand for renewable energy solutions, government incentives for energy storage systems, and rising consumer interest in energy independence and sustainability.

The residential battery market is driven by the growing demand for renewable energy solutions, such as solar power, which encourages homeowners to seek efficient energy storage options. For instance, 11% of homes with solar power in the United States have installed a battery storage system. In addition, rising government incentives and subsidies for clean energy systems promote battery adoption, which is aiding the market growth. Moreover, the surging electricity costs make energy storage solutions more appealing for reducing dependency on the grid, fueling the market demand. Besides this, the increasing concerns about energy security and power outages boost the need for backup power, providing an impetus to the market. Furthermore, the expansion of smart home technologies integrates energy management systems with batteries, thereby propelling the market forward.

The United States residential battery market is primarily driven by the increasing grid instability and natural disasters, as they raise the demand for reliable backup power. In line with this, state-level renewable energy mandates encourage the installation of energy storage systems, thus fostering the market growth. Moreover, ongoing advancements in battery storage technologies improve energy density, lifespan, and cost-effectiveness, which is impelling the market demand. Additionally, the shift toward electric vehicles (EVs) and home charging stations creates synergy with residential batteries, boosting the market expansion. Concurrently with this, the increasing consumer preference for energy autonomy fuels the need for off-grid and hybrid systems, which is catalyzing the market growth. For instance, Nautilus Solar deals in community solar and has a hundred projects in ten markets within the United States of America, further supporting the development of energy storage solutions.

Residential Battery Market Trends:

Rising adoption of renewable energy sources

The growing emphasis on sustainability and reducing carbon footprints is driving the increased adoption of renewable energy (RE) sources, particularly solar and wind power. According to the International Energy Agency (IEA), in the year 2022, around 130 gigawatts (GW) of photovoltaic (PV) systems have been installed in households, that account for almost 25 million units. This shift is crucial for mitigating climate change and promoting environmental health. Battery storage systems for residential use have therefore become a critical product since they enable homeowners to capture power during the day or at other times when the production of energy is high and use it at other times such as at night when energy production is low. This storage capability optimizes the use of renewable energy while at the same time minimizing the dependence on large power grids that depend on fossil energy sources. Besides this, when residential battery systems are tied to renewable power, homeowners gain energy self-reliance, lower bills, and assist in building a sustainable power system. The combination of renewable energy and battery storage is crucial to help the world push forward the low-carbon economy.

Reducing costs of battery technology

Ongoing advancements in battery technology in lithium-ion batteries have led to a substantial reduction in costs over the past decade. This significant cost decline is largely driven by factors, such as enhancements in manufacturing processes, and the increased competition among battery producers. Moreover, ongoing technological advancement in manufacturing has made production easier and less costly, leading to the production of large quantities of products in a single batch, lowering the cost of production per product. However, the competition has increased, and more companies are promoting their products in the market, resulting in improvements and lower costs. According to BLOOMBERG NEF, the average price of lithium-ion battery packs plummeted by 89% from 2010 to 2020, decreasing from USD 1,100 per kilowatt-hour (kWh) to just USD 137 per kWh. This significant price drop has made residential battery storage systems more affordable for homeowners, effectively creating a positive residential battery market outlook.

Favorable government incentives and regulations

Favorable government policies and incentives are pivotal in increasing the adoption of residential battery storage systems, as financial support is necessary to make these technologies more accessible and appealing to homeowners. As per the Union Budget of 2023-24, the Indian government introduced plans for projects of battery storage with an overall capacity of over 4,000 MWh. Several countries have introduced a variety of subsidies, tax credits, and rebate programs aiming to encourage investments in energy storage solutions. For instance, in the United States, the Federal Investment Tax Credit (ITC) offers substantial financial incentives to install solar energy systems, including battery storage, significantly lowering the overall cost for consumers. Also, several regions have adopted rebate programs and incentives, which remove the cost pressure on homeowners, resulting in a significant residential battery market. Countries like Europe, Germany, and Italy have been more active in creating the right policies and funding structures that can support residential energy storage. These initiatives are in line with their broad renewable energy policies, which include the desire to raise the share of renewable energy in the energy mix. They support market expansion by extending the potential profitability of energy storage solutions to a broader circle of stakeholders while promoting technology advancement and industry competition.

Residential Battery Industry Segmentation:

Analysis by Type:

• Lithium-ion Battery
• Lead-acid Battery
• Others

Lithium-ion batteries stand as the largest component in 2024. These batteries dominate the residential battery market due to their superior performance characteristics, including, longer lifespan, and better efficiency compared to other battery types. These batteries have a very high energy-to-weight ratio, which allows them to deliver more energy per unit of weight and hence are more compact and lighter compared to other battery technologies. This makes them ideal for use in most residential settings since most of the space available is usually required to house the battery as well as other systems. The advanced chemistry of lithium-ion batteries ensures charge and discharge energy storage systems at a faster rate than earlier types of batteries. It also has a longer cycle and lifespan of more than 10 years or a thousand charge cycles which results in less maintenance and replacement in the long run. Also, the cost of lithium-ion technology has significantly reduced, making these batteries more affordable to homeowners.

Analysis by Power Rating:

• 3-6kW
• 6-10kW
• More than 10 kW

The 3-6 kW segment in the residential battery market holds 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 residential use especially homes that only want to have the power to store energy for items like lighting, refrigeration, and some small appliances. This segment is popular among people who have installed a small amount of solar panels on their roofs make up this segment as they seek to increase their freedom from the power grid and immunity to blackouts. These systems are cost-effective and offer a balance between performance and affordability, providing a good level of service for people, who are starting with energy storage or have limited space for batteries.

The 6-10 kW segment is a medium to larger households with higher energy demands. These systems can store and manage a greater amount of energy, which makes 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 also appeals to tech-savvy homeowners as they actively seek to integrate 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 usually incorporated into integrated energy management solutions that consist of large solar power installations, rather than expansive electric vehicle charging stations, and complex smart home systems. They are built to store large amounts of energy, and a home battery system has enough density to power all home systems during blackouts and supply energy at times when demand is at the highest. Apart from this, homes produce additional electricity, which can be returned to the grid and produce revenue through net metering.

Analysis by Operation:

• Standalone
• Solar

Standalone residential battery systems are designed to operate independently of solar power installations. These systems absorb electricity from the grid during periods of low energy rates and pump it to the homes during high energy rates. These further cuts the expenses on energy for the owners of the homes. Moreover, off-peak batteries are advantageous in locations with large price volatility of electricity, or areas where demand charges are high. Furthermore, these systems avail power during power outages which increase energy reliability at household levels.

Solar-integrated residential battery systems combine photovoltaic (PV) solar panels with battery storage, creating a comprehensive energy solution for homeowners. These systems allow for storing excess energy produced by the sun during the day for use at night or during a period when skies are cloudy. There is an integration that optimizes the use of RE, decreases dependence on the conventional electricity utility, and lowers electricity costs. The most attractive solar integrated systems are those markets with high levels of solar radiation and good policies toward solar power. Besides this, demographics from the government have played a major role in increasing the adoption of solar batteries, for instance offering tax credits and rebates for the installation of solar systems.

Regional Analysis:

• 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

In 2024, Asia-Pacific accounted for the largest market share, driven by high demand for renewable energy and government initiatives. Countries such as China, Japan, South Korea, and Australia are leading the charge. China dominates the region due to its substantial investments in solar energy and large-scale manufacturing capabilities, driving down the costs. The government of China's strong push for renewable energy integration and the adoption of electric vehicles also fuels the battery market. Japan is recovering from its nuclear power phase-out and has incentivized solar energy coupled with residential storage solutions to ensure energy security.

Key Regional Takeaways:

North America Residential Battery Market Analysis

The North America residential battery market is expanding, driven by the rising consumer interest in renewable energy (RE) storage. As homeowners look for ways to shrink their carbon footprints, they are opting for solar energy systems and coupling them with batteries. For example, Arcadia, a technology company, connects over 223,000 subscribers to 2 GW of community solar across 15 states, offsetting over 2 billion pounds of coal annually. Moreover, there are policy incentives for solar installation and energy storage systems across governments within the region making them relatively cheaper. Additionally, the increase in the cost of electricity and uncertainty over the availability of electricity from the grid are increasing the demand for residential batteries as homeowners look for ways to generate their electricity. Also, continuous improvements in battery technology have increased the efficiency and reduced the cost of these systems, thus driving the market growth. Furthermore, the rising consciousness of energy security and environmental standards is inspiring additional households to embrace energy storage systems, thereby propelling the market forward.

United States Residential Battery Market Analysis

The United States residential battery market is rapidly expanding, driven by the increasing adoption of renewable energy systems, particularly residential solar installations. Homeowners are leveraging energy storage solutions to optimize the use of solar-generated electricity, reduce dependence on the grid, and enhance energy independence. In addition, governing agencies in the country are providing numerous incentives, including tax credits under the Inflation Reduction Act, which encourage investment in renewable energy and storage systems. Besides this, the shift toward electrification is catalyzing the demand for home batteries, especially in regions prone to natural disasters and grid instability. In states like California, the Public Safety Power Shutoff (PSPS) events are making backup power solutions a priority for many households. Similarly, Texas is witnessing a surge in residential battery demand due to the extreme weather events that highlighted vulnerabilities in its energy infrastructure. As per the National Centers for Environmental Information, there have been over 24 disaster events in 2024, related to adverse climatic conditions, with over USD 1 Billion losses to affect the US. Apart from this, there is an increase in the demand for lithium-ion technology because of its efficiency, declining costs, and high energy density. Furthermore, companies in the country are offering scalable solutions tailored to different home energy needs.

Asia Pacific Residential Battery Market Analysis

The growing energy demand, along with rapid urbanization, is offering a favorable market outlook in the region. More than 40% of India's population is projected to live in urban areas by 2030, as reported by the Press Information Bureau (PIB). In line with this, the rising adoption of renewable energy sources, especially in countries like Japan, South Korea, and China, is impelling the market growth. Furthermore, Japan is a key player, with policies mandating solar panel (PV) installations in new homes from 2025. The country's emphasis on energy efficiency and grid reliability is making residential batteries an essential component of its renewable energy strategy. Similarly, South Korea is advancing the adoption of residential storage solutions via government subsidies and energy-saving incentives, which also align with its carbon-neutrality goals. Apart from this, China is focusing on aggressive renewable energy targets and making significant investments in battery technology, which is strengthening the market growth. The country is also producing cost-effective lithium-ion batteries by using various technologies. Moreover, the country's push for decentralized energy systems and backup solutions, especially in rural areas, is further driving the residential battery market. Besides this, technological advancements in lithium-ion and solid-state batteries, along with declining production costs, are making residential storage systems more accessible in the region.

Europe Residential Battery Market Analysis

The European residential battery market is expanding rapidly because of the region's ambitious renewable energy goals and increasing focus on energy efficiency and independence. European Union is targeting net-zero carbon emissions by 2050 by making significant investments in renewable energy systems, including solar photovoltaic (PV) installations, which are driving demand for residential battery storage solutions. EU is anticipated to introduce and additional 401 GW new solar PV before 2028, scaling up the total capacity of installed PV to 671 GW, as reported by the Solar Power Europe, as reported by the Solar Power Europe. Besides this, governing authorities in the region are undertaking several initiatives, such as feed-in tariffs and grants for energy storage, encouraging homeowners to pair solar systems with batteries. Additionally, the increasing awareness among individuals about the benefits of home energy storage is contributing to the market growth. Apart from this, energy security is becoming a critical concern in Europe, especially in the wake of geopolitical tensions affecting natural gas supplies. Residential batteries provide a reliable backup option and enhance self-sufficiency by allowing households to store excess renewable energy for later use. Grid instability and high electricity prices are further incentivizing homeowners to adopt battery storage, which is bolstering the market growth.

Latin America Residential Battery Market Analysis

The residential battery market in Latin America is growing steadily owing to the region's rising focus on renewable energy adoption and energy security. Countries like Brazil, Mexico, and Chile are increasingly focusing on residential energy storage solutions. As of March 2023, home owners in Brazil implemented more than 1.8 million renewable distributed generation systems, as stated by the U.S. Energy Information Administration (EIA). The increasing solar photovoltaic (PV) installations in the region are propelling the market growth. Furthermore, high electricity costs and frequent grid outages in some areas further underscore the value of battery systems for backup power and cost savings. Technological advancements, coupled with growing awareness about energy independence and sustainability, is supporting the market growth.

Middle East and Africa Residential Battery Market Analysis

The increasing adoption of solar energy, along with the need for energy resilience, is contributing to the market growth. Countries, such as South Africa, the UAE, and Saudi Arabia are leading the trend, supported by government initiatives promoting renewable energy integration and energy storage solutions. The UAE renewable energy market is anticipated to reach USD 11.2 billion by 2032, as reported by the IMARC Group In line with this, there is a rise in the demand for backup power systems in the region. The UAE and Saudi Arabia, with their ambitious renewable energy targets, are integrating residential battery solutions into solar energy projects to enhance energy efficiency and self-sufficiency. Apart from this, the rising employment of lithium-ion batteries due to their scalability, durability, and declining costs is supporting the market growth.

Competitive Landscape:

The residential battery system market is intensely competitive, and the players are keen on research and development (R&D), amalgamation and acquisitions, and novel product offerings. One of the major trends is the increasing demand for better, smaller, and low-cost battery storage systems to support the growth of renewables. Many players are focusing on R&D to get better life cycles, energy density, and overall system performance. Moreover, the integration of battery manufacturers and solar providers directly results in the growing provision of homeowners with the means of integrated energy storage systems. Moreover, companies are exploring new business models, such as subscription services, to make residential batteries more accessible. Furthermore, mergers and acquisitions in the market are leading to the enhancement of product innovation and enhancement of the products.

The report provides a comprehensive analysis of the competitive landscape in the residential battery market with detailed profiles of all major companies, including:

• 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.

Key Questions Answered in This Report

• 1.How big is the residential battery market?
• 2.What is the future outlook of the residential battery market?
• 3.What are the key factors driving the global residential battery market?
• 4.Which region accounts for the largest residential battery market share?
• 5.Which are the leading 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