Companies Mentioned: East Penn Manufacturing, LG Chem, Panasonic, redT energy storage, SAMSUNG SDI, Saft, and sonnen, A123 Systems, ACME, Adara Power, BYD, Daimler, Enphase Energy, e-On Batteries, E3/DC, Exide Technologies, Fronius International, GESS, GS Yuasa International, HOPPECKE Batterien, IBC SOLAR, KOSTAL Solar Electric, KYOCERA, Nedap, neovoltaic, Primus Power, Redflow, Sharp Electronics, Sinetech, SENEC, SMA Solar Technology, Sony Energy Devices, Tesla, Trojan Battery Company, VARTA, ViZn Energy Systems, and ZEN Energy.
A Solar photovoltaic system, also known as PV system or solar power system, is a system designed to provide usable solar power by means of photovoltaics (PV). The solar PV systems can be broadly classified in residential, commercial and industrial (C&I), and utility segments. The residential solar PV systems are generally mounted on rooftops to save land space. They are small-scale electricity generation systems, not exceeding 20 kilowatts (kW) capacity. Residential solar power plants can be grid-connected or can be installed as decentralized microgrids. The cost of installing a solar PV system is relatively high in the residential segment due to the economies of scale.
Analysts forecast the Global Residential Solar Energy Storage Market to Grow at a CAGR Of 67.82% During The Period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global residential solar energy storage market for 2017-2021. To calculate the market size, the report considers the cumulative installations and excludes aftermarket/ services market.
The market is divided into the following segments based on geography:
Global Residential Solar Energy Storage Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- East Penn Manufacturing
- LG Chem
- redT energy storage
- SAMSUNG SDI
Other prominent vendors
- A123 Systems
- Adara Power
- Enphase Energy
- e-On Batteries
- Exide Technologies
- Fronius International
- GS Yuasa International
- HOPPECKE Batterien
- IBC SOLAR
- KOSTAL Solar Electric
- Primus Power
- Sharp Electronics
- SMA Solar Technology
- Sony Energy Devices
- Trojan Battery Company
- ViZn Energy Systems
- ZEN Energy
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- Reduction in PV and energy storage systems costs
- Availability of alternative technologies
- Residential energy storage as virtual power plants
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table of Contents:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Solar PV market overview
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by technology
Global residential solar energy storage market by technology
Global residential solar Li-ion battery market
Global residential solar lead-acid battery market
PART 07: Geographical segmentation
Global residential solar energy storage market by geography
Residential solar energy storage market in EMEA
Residential solar energy storage market in APAC
Residential solar energy storage market in the Americas
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
Residential energy storage as virtual power plants
Market attracting new vendors
Increasing green construction spending and zero energy homes
PART 11: Vendor landscape
Other prominent vendors
PART 12: Key vendor analysis
East Penn Manufacturing
redT energy storage
List of abbreviations
List of Tables:
List of Exhibits
Exhibit 01: Solar power plant overview
Exhibit 02: Global solar PV market 2016-2021 (GW)
Exhibit 03: Market overview
Exhibit 04: Global residential energy storage market 2016-2021 ($ millions)
Exhibit 05: Solar PV penetration level
Exhibit 06: Services provided by energy storage
Exhibit 07: Five forces analysis
Exhibit 08: Global residential solar energy storage market by technology 2016 and 2021 (%)
Exhibit 09: Global residential solar energy storage market by technology 2016-2021 ($ millions)
Exhibit 10: Global residential solar Li-ion battery market 2016-2021 ($ millions)
Exhibit 11: Global residential solar lead-acid battery market 2016-2021 ($ millions)
Exhibit 12: AGM and gel lead-acid battery in comparison to flooded lead-acid battery
Exhibit 13: Global residential solar energy storage market by geography 2016 and 2021 (%)
Exhibit 14: Global residential solar energy storage market by geography 2016-2021 ($ millions)
Exhibit 15: Residential solar energy storage market in EMEA 2016-2021 ($ millions)
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