A BESS is an energy storage system (ESS) that captures energy from different sources, accumulates this energy, and stores it in rechargeable batteries for later use. Residential Battery Energy Storage Systems (BESS) is a home electricity storage product designed to store energy from solar or the grid which helps all households use energy more efficiently.
The global market for Residential Energy Storage Lithium-ion Battery is estimated to increase from US$ 2445.6 million in 2021 to reach US$ 109530 million by 2028, exhibiting a CAGR of 72.1% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global key players of Residential Energy Storage Lithium-ion Battery include Tesla, Pylontech, BYD, Huawei, Alpha ESS, etc. The top five players hold a share over 57%.
This latest report provides a deep insight into the global Residential Energy Storage Lithium-ion Battery market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Residential Energy Storage Lithium-ion Battery market, with both quantitative and qualitative data, to help readers understand how the Residential Energy Storage Lithium-ion Battery market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in MWh.
The study segments the Residential Energy Storage Lithium-ion Battery market and forecasts the market size by Battery Type (LFP Battery, Ternary Lithium Battery and Others), by Energy (Below 10kWh and Above 10kWh.), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by battery type
Ternary Lithium Battery
Segmentation by energy
Segmentation by region
Middle East & Africa
Major companies covered
LG Energy Solution
Great Power Battery
Gotion High Tech
Chapter 1: Scope of Residential Energy Storage Lithium-ion Battery, Research Methodology, etc.
Chapter 2: Executive Summary, global Residential Energy Storage Lithium-ion Battery market size (sales and revenue) and CAGR, Residential Energy Storage Lithium-ion Battery market size by region, by battery type, by energy, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Residential Energy Storage Lithium-ion Battery sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Residential Energy Storage Lithium-ion Battery sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by battery type, and battery type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Residential Energy Storage Lithium-ion Battery market size forecast by region, by country, by battery type, and energy.
Chapter 13: Comprehensive company profiles of the leading players, including Tesla, Pylontech, BYD, Huawei, LG Energy Solution, Alpha ESS, Sonnen, E3/DC and SENEC, etc.
Chapter 14: Research Findings and Conclusion