Residential Solar Energy Storage Market Landscape, Type, Application & Forecast to 2021

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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.

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.

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The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

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.

Key vendors

  • East Penn Manufacturing
  • LG Chem
  • Panasonic
  • redT energy storage
  • SAMSUNG SDI
  • Saft
  • sonnen

Other prominent vendors

  • A123 Systems
  • ACME
  • Adara Power
  • BYD
  • Daimler
  • Enphase Energy
  • e-On Batteries
  • E3/DC
  • Exide Technologies
  • Fronius Internationa

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Market driver

  • Reduction in PV and energy storage systems costs
  • For a full, detailed list, view our report

Market challenge

  • Availability of alternative technologies
  • For a full, detailed list, view our report

Market trend

  • Residential energy storage as virtual power plants
  • For a full, detailed list, view our report

Key questions answered in this report

  1. What will the market size be in 2021 and what will the growth rate be?
  2. What are the key market trends?
  3. What is driving this market?
  4. What are the challenges to market growth?
  5. Who are the key vendors in this market space?
  6. What are the market opportunities and threats faced by the key vendors?
  7. What are the strengths and weaknesses of the key vendors?

About us
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

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