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 was estimated to be worth US$ 2500 million in 2023 and is forecast to a readjusted size of US$ 130620 million by 2030 with a CAGR of 69.5% during the forecast period 2024-2030
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%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Residential Energy Storage Lithium-ion Battery, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Residential Energy Storage Lithium-ion Battery by region & country, by Battery Type, and by Energy.
The Residential Energy Storage Lithium-ion Battery market size, estimations, and forecasts are provided in terms of sales volume (MWh) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Residential Energy Storage Lithium-ion Battery.
Market Segmentation
By Company
Tesla
Pylontech
BYD
Huawei
LG Energy Solution
Alpha ESS
Sonnen
E3/DC
SENEC
Enphase Energy
VARTA
Sofarsolar
Great Power Battery
Growatt
Gotion High Tech
Eve Energy
Sunwoda Electronic
Samsung SDI
ATL
CATL
SolaX Power
Segment by Battery Type:
LFP Battery
Ternary Lithium Battery
Others
Segment by Energy
Below 10kWh
Above 10kWh
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Residential Energy Storage Lithium-ion Battery manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Battery Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Energy, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Residential Energy Storage Lithium-ion Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Residential Energy Storage Lithium-ion Battery in country level. It provides sigmate data by Battery Type, and by Energy for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Residential Energy Storage Lithium-ion Battery Product Introduction
1.2 Global Residential Energy Storage Lithium-ion Battery Market Size Forecast
1.2.1 Global Residential Energy Storage Lithium-ion Battery Sales Value (2019-2030)
1.2.2 Global Residential Energy Storage Lithium-ion Battery Sales Volume (2019-2030)
1.2.3 Global Residential Energy Storage Lithium-ion Battery Sales Price (2019-2030)
1.3 Residential Energy Storage Lithium-ion Battery Market Trends & Drivers
1.3.1 Residential Energy Storage Lithium-ion Battery Industry Trends
1.3.2 Residential Energy Storage Lithium-ion Battery Market Drivers & Opportunity
1.3.3 Residential Energy Storage Lithium-ion Battery Market Challenges
1.3.4 Residential Energy Storage Lithium-ion Battery Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Residential Energy Storage Lithium-ion Battery Players Revenue Ranking (2023)
2.2 Global Residential Energy Storage Lithium-ion Battery Revenue by Company (2019-2024)
2.3 Global Residential Energy Storage Lithium-ion Battery Players Sales Volume Ranking (2023)
2.4 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Company Players (2019-2024)
2.5 Global Residential Energy Storage Lithium-ion Battery Average Price by Company (2019-2024)
2.6 Key Manufacturers Residential Energy Storage Lithium-ion Battery Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Residential Energy Storage Lithium-ion Battery Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Residential Energy Storage Lithium-ion Battery
2.9 Residential Energy Storage Lithium-ion Battery Market Competitive Analysis
2.9.1 Residential Energy Storage Lithium-ion Battery Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Residential Energy Storage Lithium-ion Battery Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Residential Energy Storage Lithium-ion Battery as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Battery Type
3.1 Introduction by Battery Type
3.1.1 LFP Battery
3.1.2 Ternary Lithium Battery
3.1.3 Others
3.2 Global Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type
3.2.1 Global Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (2019 VS 2023 VS 2030)
3.2.2 Global Residential Energy Storage Lithium-ion Battery Sales Value, by Battery Type (2019-2030)
3.2.3 Global Residential Energy Storage Lithium-ion Battery Sales Value, by Battery Type (%) (2019-2030)
3.3 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Battery Type
3.3.1 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Battery Type (2019 VS 2023 VS 2030)
3.3.2 Global Residential Energy Storage Lithium-ion Battery Sales Volume, by Battery Type (2019-2030)
3.3.3 Global Residential Energy Storage Lithium-ion Battery Sales Volume, by Battery Type (%) (2019-2030)
3.4 Global Residential Energy Storage Lithium-ion Battery Average Price by Battery Type (2019-2030)
4 Segmentation by Energy
4.1 Introduction by Energy
4.1.1 Below 10kWh
4.1.2 Above 10kWh
4.2 Global Residential Energy Storage Lithium-ion Battery Sales Value by Energy
4.2.1 Global Residential Energy Storage Lithium-ion Battery Sales Value by Energy (2019 VS 2023 VS 2030)
4.2.2 Global Residential Energy Storage Lithium-ion Battery Sales Value, by Energy (2019-2030)
4.2.3 Global Residential Energy Storage Lithium-ion Battery Sales Value, by Energy (%) (2019-2030)
4.3 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Energy
4.3.1 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Energy (2019 VS 2023 VS 2030)
4.3.2 Global Residential Energy Storage Lithium-ion Battery Sales Volume, by Energy (2019-2030)
4.3.3 Global Residential Energy Storage Lithium-ion Battery Sales Volume, by Energy (%) (2019-2030)
4.4 Global Residential Energy Storage Lithium-ion Battery Average Price by Energy (2019-2030)
5 Segmentation by Region
5.1 Global Residential Energy Storage Lithium-ion Battery Sales Value by Region
5.1.1 Global Residential Energy Storage Lithium-ion Battery Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Residential Energy Storage Lithium-ion Battery Sales Value by Region (2019-2024)
5.1.3 Global Residential Energy Storage Lithium-ion Battery Sales Value by Region (2025-2030)
5.1.4 Global Residential Energy Storage Lithium-ion Battery Sales Value by Region (%), (2019-2030)
5.2 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Region
5.2.1 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Region (2019-2024)
5.2.3 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Region (2025-2030)
5.2.4 Global Residential Energy Storage Lithium-ion Battery Sales Volume by Region (%), (2019-2030)
5.3 Global Residential Energy Storage Lithium-ion Battery Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
5.4.2 North America Residential Energy Storage Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
5.5.2 Europe Residential Energy Storage Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
5.6.2 Asia Pacific Residential Energy Storage Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
5.7.2 South America Residential Energy Storage Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
5.8.2 Middle East & Africa Residential Energy Storage Lithium-ion Battery Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Residential Energy Storage Lithium-ion Battery Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Residential Energy Storage Lithium-ion Battery Sales Value
6.2.1 Key Countries/Regions Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.2.2 Key Countries/Regions Residential Energy Storage Lithium-ion Battery Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.3.2 United States Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (%), 2023 VS 2030
6.3.3 United States Residential Energy Storage Lithium-ion Battery Sales Value by Energy, 2023 VS 2030
6.4 Europe
6.4.1 Europe Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.4.2 Europe Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (%), 2023 VS 2030
6.4.3 Europe Residential Energy Storage Lithium-ion Battery Sales Value by Energy, 2023 VS 2030
6.5 China
6.5.1 China Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.5.2 China Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (%), 2023 VS 2030
6.5.3 China Residential Energy Storage Lithium-ion Battery Sales Value by Energy, 2023 VS 2030
6.6 Japan
6.6.1 Japan Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.6.2 Japan Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (%), 2023 VS 2030
6.6.3 Japan Residential Energy Storage Lithium-ion Battery Sales Value by Energy, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.7.2 South Korea Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (%), 2023 VS 2030
6.7.3 South Korea Residential Energy Storage Lithium-ion Battery Sales Value by Energy, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.8.2 Southeast Asia Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (%), 2023 VS 2030
6.8.3 Southeast Asia Residential Energy Storage Lithium-ion Battery Sales Value by Energy, 2023 VS 2030
6.9 India
6.9.1 India Residential Energy Storage Lithium-ion Battery Sales Value, 2019-2030
6.9.2 India Residential Energy Storage Lithium-ion Battery Sales Value by Battery Type (%), 2023 VS 2030
6.9.3 India Residential Energy Storage Lithium-ion Battery Sales Value by Energy, 2023 VS 2030
7 Company Profiles
7.1 Tesla
7.1.1 Tesla Company Information
7.1.2 Tesla Introduction and Business Overview
7.1.3 Tesla Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Tesla Residential Energy Storage Lithium-ion Battery Product Offerings
7.1.5 Tesla Recent Development
7.2 Pylontech
7.2.1 Pylontech Company Information
7.2.2 Pylontech Introduction and Business Overview
7.2.3 Pylontech Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Pylontech Residential Energy Storage Lithium-ion Battery Product Offerings
7.2.5 Pylontech Recent Development
7.3 BYD
7.3.1 BYD Company Information
7.3.2 BYD Introduction and Business Overview
7.3.3 BYD Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.3.4 BYD Residential Energy Storage Lithium-ion Battery Product Offerings
7.3.5 BYD Recent Development
7.4 Huawei
7.4.1 Huawei Company Information
7.4.2 Huawei Introduction and Business Overview
7.4.3 Huawei Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Huawei Residential Energy Storage Lithium-ion Battery Product Offerings
7.4.5 Huawei Recent Development
7.5 LG Energy Solution
7.5.1 LG Energy Solution Company Information
7.5.2 LG Energy Solution Introduction and Business Overview
7.5.3 LG Energy Solution Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.5.4 LG Energy Solution Residential Energy Storage Lithium-ion Battery Product Offerings
7.5.5 LG Energy Solution Recent Development
7.6 Alpha ESS
7.6.1 Alpha ESS Company Information
7.6.2 Alpha ESS Introduction and Business Overview
7.6.3 Alpha ESS Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Alpha ESS Residential Energy Storage Lithium-ion Battery Product Offerings
7.6.5 Alpha ESS Recent Development
7.7 Sonnen
7.7.1 Sonnen Company Information
7.7.2 Sonnen Introduction and Business Overview
7.7.3 Sonnen Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Sonnen Residential Energy Storage Lithium-ion Battery Product Offerings
7.7.5 Sonnen Recent Development
7.8 E3/DC
7.8.1 E3/DC Company Information
7.8.2 E3/DC Introduction and Business Overview
7.8.3 E3/DC Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.8.4 E3/DC Residential Energy Storage Lithium-ion Battery Product Offerings
7.8.5 E3/DC Recent Development
7.9 SENEC
7.9.1 SENEC Company Information
7.9.2 SENEC Introduction and Business Overview
7.9.3 SENEC Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.9.4 SENEC Residential Energy Storage Lithium-ion Battery Product Offerings
7.9.5 SENEC Recent Development
7.10 Enphase Energy
7.10.1 Enphase Energy Company Information
7.10.2 Enphase Energy Introduction and Business Overview
7.10.3 Enphase Energy Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Enphase Energy Residential Energy Storage Lithium-ion Battery Product Offerings
7.10.5 Enphase Energy Recent Development
7.11 VARTA
7.11.1 VARTA Company Information
7.11.2 VARTA Introduction and Business Overview
7.11.3 VARTA Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.11.4 VARTA Residential Energy Storage Lithium-ion Battery Product Offerings
7.11.5 VARTA Recent Development
7.12 Sofarsolar
7.12.1 Sofarsolar Company Information
7.12.2 Sofarsolar Introduction and Business Overview
7.12.3 Sofarsolar Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Sofarsolar Residential Energy Storage Lithium-ion Battery Product Offerings
7.12.5 Sofarsolar Recent Development
7.13 Great Power Battery
7.13.1 Great Power Battery Company Information
7.13.2 Great Power Battery Introduction and Business Overview
7.13.3 Great Power Battery Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Great Power Battery Residential Energy Storage Lithium-ion Battery Product Offerings
7.13.5 Great Power Battery Recent Development
7.14 Growatt
7.14.1 Growatt Company Information
7.14.2 Growatt Introduction and Business Overview
7.14.3 Growatt Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Growatt Residential Energy Storage Lithium-ion Battery Product Offerings
7.14.5 Growatt Recent Development
7.15 Gotion High Tech
7.15.1 Gotion High Tech Company Information
7.15.2 Gotion High Tech Introduction and Business Overview
7.15.3 Gotion High Tech Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.15.4 Gotion High Tech Residential Energy Storage Lithium-ion Battery Product Offerings
7.15.5 Gotion High Tech Recent Development
7.16 Eve Energy
7.16.1 Eve Energy Company Information
7.16.2 Eve Energy Introduction and Business Overview
7.16.3 Eve Energy Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Eve Energy Residential Energy Storage Lithium-ion Battery Product Offerings
7.16.5 Eve Energy Recent Development
7.17 Sunwoda Electronic
7.17.1 Sunwoda Electronic Company Information
7.17.2 Sunwoda Electronic Introduction and Business Overview
7.17.3 Sunwoda Electronic Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.17.4 Sunwoda Electronic Residential Energy Storage Lithium-ion Battery Product Offerings
7.17.5 Sunwoda Electronic Recent Development
7.18 Samsung SDI
7.18.1 Samsung SDI Company Information
7.18.2 Samsung SDI Introduction and Business Overview
7.18.3 Samsung SDI Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Samsung SDI Residential Energy Storage Lithium-ion Battery Product Offerings
7.18.5 Samsung SDI Recent Development
7.19 ATL
7.19.1 ATL Company Information
7.19.2 ATL Introduction and Business Overview
7.19.3 ATL Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.19.4 ATL Residential Energy Storage Lithium-ion Battery Product Offerings
7.19.5 ATL Recent Development
7.20 CATL
7.20.1 CATL Company Information
7.20.2 CATL Introduction and Business Overview
7.20.3 CATL Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.20.4 CATL Residential Energy Storage Lithium-ion Battery Product Offerings
7.20.5 CATL Recent Development
7.21 SolaX Power
7.21.1 SolaX Power Company Information
7.21.2 SolaX Power Introduction and Business Overview
7.21.3 SolaX Power Residential Energy Storage Lithium-ion Battery Sales, Revenue and Gross Margin (2019-2024)
7.21.4 SolaX Power Residential Energy Storage Lithium-ion Battery Product Offerings
7.21.5 SolaX Power Recent Development
8 Industry Chain Analysis
8.1 Residential Energy Storage Lithium-ion Battery Industrial Chain
8.2 Residential Energy Storage Lithium-ion Battery Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Residential Energy Storage Lithium-ion Battery Sales Model
8.5.2 Sales Channel
8.5.3 Residential Energy Storage Lithium-ion Battery Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Tesla
Pylontech
BYD
Huawei
LG Energy Solution
Alpha ESS
Sonnen
E3/DC
SENEC
Enphase Energy
VARTA
Sofarsolar
Great Power Battery
Growatt
Gotion High Tech
Eve Energy
Sunwoda Electronic
Samsung SDI
ATL
CATL
SolaX Power
*If Applicable.