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Global Home Solar Battery Market Research Report 2024
Synopsis
Batteries used in home energy storage typically are made with one of three chemical compositions: lead acid, lithium ion, and saltwater.
The global Home Solar Battery market was valued at US$ 423 million in 2023 and is anticipated to reach US$ 576.8 million by 2030, witnessing a CAGR of 5.1% during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.335 GW.
This report aims to provide a comprehensive presentation of the global market for Home Solar Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Home Solar Battery.
Report Scope
The Home Solar Battery market size, estimations, and forecasts are provided in terms of output/shipments (KW·h) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Home Solar Battery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Home Solar Battery manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB Group
Tesla
LG Chem
Sonnen
Aquion Energy
Samsung SDI
GE Power
AEG Power Solutions
E-Solar
Saft
Evergreen Solar Power
Alpha Technologies
Blue Carbon Technology Inc
TCS Battery
Segment by Type
Lead-Acid Battery
Li-ion Battery
Saltwater Battery
Segment by Application
Average Residential Setup
Cabin & Tiny house
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Home Solar Battery manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Home Solar Battery by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Home Solar Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Batteries used in home energy storage typically are made with one of three chemical compositions: lead acid, lithium ion, and saltwater.
The global Home Solar Battery market was valued at US$ 423 million in 2023 and is anticipated to reach US$ 576.8 million by 2030, witnessing a CAGR of 5.1% during the forecast period 2024-2030.
China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.335 GW.
This report aims to provide a comprehensive presentation of the global market for Home Solar Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Home Solar Battery.
Report Scope
The Home Solar Battery market size, estimations, and forecasts are provided in terms of output/shipments (KW·h) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Home Solar Battery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Home Solar Battery manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB Group
Tesla
LG Chem
Sonnen
Aquion Energy
Samsung SDI
GE Power
AEG Power Solutions
E-Solar
Saft
Evergreen Solar Power
Alpha Technologies
Blue Carbon Technology Inc
TCS Battery
Segment by Type
Lead-Acid Battery
Li-ion Battery
Saltwater Battery
Segment by Application
Average Residential Setup
Cabin & Tiny house
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Home Solar Battery manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Home Solar Battery by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Home Solar Battery in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Home Solar Battery Market Overview
1.1 Product Definition
1.2 Home Solar Battery Segment by Type
1.2.1 Global Home Solar Battery Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Lead-Acid Battery
1.2.3 Li-ion Battery
1.2.4 Saltwater Battery
1.3 Home Solar Battery Segment by Application
1.3.1 Global Home Solar Battery Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Average Residential Setup
1.3.3 Cabin & Tiny house
1.4 Global Market Growth Prospects
1.4.1 Global Home Solar Battery Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Home Solar Battery Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Home Solar Battery Production Estimates and Forecasts (2019-2030)
1.4.4 Global Home Solar Battery Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Home Solar Battery Production Market Share by Manufacturers (2019-2024)
2.2 Global Home Solar Battery Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Home Solar Battery, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Home Solar Battery Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Home Solar Battery Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Home Solar Battery, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Home Solar Battery, Product Offered and Application
2.8 Global Key Manufacturers of Home Solar Battery, Date of Enter into This Industry
2.9 Home Solar Battery Market Competitive Situation and Trends
2.9.1 Home Solar Battery Market Concentration Rate
2.9.2 Global 5 and 10 Largest Home Solar Battery Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Home Solar Battery Production by Region
3.1 Global Home Solar Battery Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Home Solar Battery Production Value by Region (2019-2030)
3.2.1 Global Home Solar Battery Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Home Solar Battery by Region (2025-2030)
3.3 Global Home Solar Battery Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Home Solar Battery Production by Region (2019-2030)
3.4.1 Global Home Solar Battery Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Home Solar Battery by Region (2025-2030)
3.5 Global Home Solar Battery Market Price Analysis by Region (2019-2024)
3.6 Global Home Solar Battery Production and Value, Year-over-Year Growth
3.6.1 North America Home Solar Battery Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Home Solar Battery Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Home Solar Battery Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Home Solar Battery Production Value Estimates and Forecasts (2019-2030)
4 Home Solar Battery Consumption by Region
4.1 Global Home Solar Battery Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Home Solar Battery Consumption by Region (2019-2030)
4.2.1 Global Home Solar Battery Consumption by Region (2019-2024)
4.2.2 Global Home Solar Battery Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Home Solar Battery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Home Solar Battery Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Home Solar Battery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Home Solar Battery Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Home Solar Battery Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Home Solar Battery Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Home Solar Battery Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Home Solar Battery Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Home Solar Battery Production by Type (2019-2030)
5.1.1 Global Home Solar Battery Production by Type (2019-2024)
5.1.2 Global Home Solar Battery Production by Type (2025-2030)
5.1.3 Global Home Solar Battery Production Market Share by Type (2019-2030)
5.2 Global Home Solar Battery Production Value by Type (2019-2030)
5.2.1 Global Home Solar Battery Production Value by Type (2019-2024)
5.2.2 Global Home Solar Battery Production Value by Type (2025-2030)
5.2.3 Global Home Solar Battery Production Value Market Share by Type (2019-2030)
5.3 Global Home Solar Battery Price by Type (2019-2030)
6 Segment by Application
6.1 Global Home Solar Battery Production by Application (2019-2030)
6.1.1 Global Home Solar Battery Production by Application (2019-2024)
6.1.2 Global Home Solar Battery Production by Application (2025-2030)
6.1.3 Global Home Solar Battery Production Market Share by Application (2019-2030)
6.2 Global Home Solar Battery Production Value by Application (2019-2030)
6.2.1 Global Home Solar Battery Production Value by Application (2019-2024)
6.2.2 Global Home Solar Battery Production Value by Application (2025-2030)
6.2.3 Global Home Solar Battery Production Value Market Share by Application (2019-2030)
6.3 Global Home Solar Battery Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB Group
7.1.1 ABB Group Home Solar Battery Corporation Information
7.1.2 ABB Group Home Solar Battery Product Portfolio
7.1.3 ABB Group Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Group Main Business and Markets Served
7.1.5 ABB Group Recent Developments/Updates
7.2 Tesla
7.2.1 Tesla Home Solar Battery Corporation Information
7.2.2 Tesla Home Solar Battery Product Portfolio
7.2.3 Tesla Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Tesla Main Business and Markets Served
7.2.5 Tesla Recent Developments/Updates
7.3 LG Chem
7.3.1 LG Chem Home Solar Battery Corporation Information
7.3.2 LG Chem Home Solar Battery Product Portfolio
7.3.3 LG Chem Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.3.4 LG Chem Main Business and Markets Served
7.3.5 LG Chem Recent Developments/Updates
7.4 Sonnen
7.4.1 Sonnen Home Solar Battery Corporation Information
7.4.2 Sonnen Home Solar Battery Product Portfolio
7.4.3 Sonnen Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Sonnen Main Business and Markets Served
7.4.5 Sonnen Recent Developments/Updates
7.5 Aquion Energy
7.5.1 Aquion Energy Home Solar Battery Corporation Information
7.5.2 Aquion Energy Home Solar Battery Product Portfolio
7.5.3 Aquion Energy Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Aquion Energy Main Business and Markets Served
7.5.5 Aquion Energy Recent Developments/Updates
7.6 Samsung SDI
7.6.1 Samsung SDI Home Solar Battery Corporation Information
7.6.2 Samsung SDI Home Solar Battery Product Portfolio
7.6.3 Samsung SDI Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Samsung SDI Main Business and Markets Served
7.6.5 Samsung SDI Recent Developments/Updates
7.7 GE Power
7.7.1 GE Power Home Solar Battery Corporation Information
7.7.2 GE Power Home Solar Battery Product Portfolio
7.7.3 GE Power Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.7.4 GE Power Main Business and Markets Served
7.7.5 GE Power Recent Developments/Updates
7.8 AEG Power Solutions
7.8.1 AEG Power Solutions Home Solar Battery Corporation Information
7.8.2 AEG Power Solutions Home Solar Battery Product Portfolio
7.8.3 AEG Power Solutions Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.8.4 AEG Power Solutions Main Business and Markets Served
7.7.5 AEG Power Solutions Recent Developments/Updates
7.9 E-Solar
7.9.1 E-Solar Home Solar Battery Corporation Information
7.9.2 E-Solar Home Solar Battery Product Portfolio
7.9.3 E-Solar Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.9.4 E-Solar Main Business and Markets Served
7.9.5 E-Solar Recent Developments/Updates
7.10 Saft
7.10.1 Saft Home Solar Battery Corporation Information
7.10.2 Saft Home Solar Battery Product Portfolio
7.10.3 Saft Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Saft Main Business and Markets Served
7.10.5 Saft Recent Developments/Updates
7.11 Evergreen Solar Power
7.11.1 Evergreen Solar Power Home Solar Battery Corporation Information
7.11.2 Evergreen Solar Power Home Solar Battery Product Portfolio
7.11.3 Evergreen Solar Power Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Evergreen Solar Power Main Business and Markets Served
7.11.5 Evergreen Solar Power Recent Developments/Updates
7.12 Alpha Technologies
7.12.1 Alpha Technologies Home Solar Battery Corporation Information
7.12.2 Alpha Technologies Home Solar Battery Product Portfolio
7.12.3 Alpha Technologies Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Alpha Technologies Main Business and Markets Served
7.12.5 Alpha Technologies Recent Developments/Updates
7.13 Blue Carbon Technology Inc
7.13.1 Blue Carbon Technology Inc Home Solar Battery Corporation Information
7.13.2 Blue Carbon Technology Inc Home Solar Battery Product Portfolio
7.13.3 Blue Carbon Technology Inc Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Blue Carbon Technology Inc Main Business and Markets Served
7.13.5 Blue Carbon Technology Inc Recent Developments/Updates
7.14 TCS Battery
7.14.1 TCS Battery Home Solar Battery Corporation Information
7.14.2 TCS Battery Home Solar Battery Product Portfolio
7.14.3 TCS Battery Home Solar Battery Production, Value, Price and Gross Margin (2019-2024)
7.14.4 TCS Battery Main Business and Markets Served
7.14.5 TCS Battery Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Home Solar Battery Industry Chain Analysis
8.2 Home Solar Battery Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Home Solar Battery Production Mode & Process
8.4 Home Solar Battery Sales and Marketing
8.4.1 Home Solar Battery Sales Channels
8.4.2 Home Solar Battery Distributors
8.5 Home Solar Battery Customers
9 Home Solar Battery Market Dynamics
9.1 Home Solar Battery Industry Trends
9.2 Home Solar Battery Market Drivers
9.3 Home Solar Battery Market Challenges
9.4 Home Solar Battery Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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