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Global Residential Energy Storage Market Report 2021: 3-6 kW, 7-10 kW, Lithium-Ion, Lead-Acid, Customer Owned, Utility Owned, Third-Party Owned - ResearchAndMarkets.com

·3-min read

The "Residential Energy Storage - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Residential Energy Storage Market to Reach $26.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Residential Energy Storage estimated at US$7.5 Billion in the year 2020, is projected to reach a revised size of US$26.4 Billion by 2027, growing at a CAGR of 19.7% over the period 2020-2027.

3-6 kW, one of the segments analyzed in the report, is projected to record 20.2% CAGR and reach US$19.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 7-10 kW segment is readjusted to a revised 18.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 19.3% CAGR

The Residential Energy Storage market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2027 trailing a CAGR of 19.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.7% and 16.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS (Total 35 Featured):

  • ABB Ltd.

  • BYD Co. Ltd.

  • Eaton

  • Eguana Technologies

  • Huawei

  • LG Chem Ltd.

  • Samsung SDI Co. Ltd.

  • Schneider Electric

  • Siemens AG

  • SMA Solar Technology

  • Tabuchi Electric

  • Tesla Inc.

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • World 7-Year Perspective for 3-6 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

  • World 7-Year Perspective for 7-10 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

  • World 7-Year Perspective for Lithium-Ion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

  • World 7-Year Perspective for Lead-Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

  • World 7-Year Perspective for Customer Owned by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

  • World 7-Year Perspective for Utility Owned by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

  • World 7-Year Perspective for Third-Party Owned by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 35

For more information about this report visit https://www.researchandmarkets.com/r/ws2p7d

View source version on businesswire.com: https://www.businesswire.com/news/home/20210419005645/en/

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