Residential Energy Storage

Global Market Trajectory & Analytics

MCP22702

EXECUTIVE ENGAGEMENTS

POOL

1012
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

182
Interactions with Platform & by Email

PARTICIPANTS

42
Unique # Participated

VALIDATIONS

12
Responses Validated*

COMPANIES

35
Responses Validated*
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DATE

APR 2021

TABLES

98

PAGES

163

EDITION

6

PRICE

USD 5600

CODE

MCP22702


COMPETITIVE METRICS

COMPANY

D S N T

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HIGHLIGHTS & REPORT INDEX

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 aCAGR 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 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.

SELECT PLAYERS

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.

SEGMENTS

» Power Rating (3-6 kW, 7-10 kW) » Technology (Lithium-Ion, Lead–Acid) » Ownership (Customer Owned, Utility Owned, Third-Party Owned)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Residential Energy Storage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Residential Energy Storage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
World Current & Future Analysis for 3-6 kW by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
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 Current & Future Analysis for 7-10 kW by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
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 Current & Future Analysis for Lithium-Ion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
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 Current & Future Analysis for Lead–Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
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 Current & Future Analysis for Customer Owned by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
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 Current & Future Analysis for Utility Owned by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
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 Current & Future Analysis for Third-Party Owned by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
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
UNITED STATES
USA Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
USA Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
USA Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
CANADA
Canada Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Canada Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Canada Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
JAPAN
Japan Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Japan Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Japan Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
CHINA
China Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
China Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
China Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
EUROPE
Europe Current & Future Analysis for Residential Energy Storage by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Residential Energy Storage by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
Europe Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Europe Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Europe Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
FRANCE
France Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
France Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
France Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
GERMANY
Germany Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Germany Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Germany Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
ITALY
Italy Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Italy Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Italy Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
UK Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
UK Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Rest of Europe Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Rest of Europe Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Asia-Pacific Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Asia-Pacific Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for Residential Energy Storage by Power Rating - 3-6 kW and 7-10 kW - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Residential Energy Storage by Power Rating - Percentage Breakdown of Value Sales for 3-6 kW and 7-10 kW for the Years 2020 & 2027
Rest of World Current & Future Analysis for Residential Energy Storage by Technology - Lithium-Ion and Lead–Acid - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Residential Energy Storage by Technology - Percentage Breakdown of Value Sales for Lithium-Ion and Lead–Acid for the Years 2020 & 2027
Rest of World Current & Future Analysis for Residential Energy Storage by Ownership - Customer Owned, Utility Owned and Third-Party Owned - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Residential Energy Storage by Ownership - Percentage Breakdown of Value Sales for Customer Owned, Utility Owned and Third-Party Owned for the Years 2020 & 2027
Total Companies Profiled: 35

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