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Global Residential Solar Energy Storage Market 2017-2021

  • July 2017
  • 78 pages
  • Infiniti Research Limited
Report ID: 3360083

Summary

Table of Contents

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About Residential Solar Energy Storage

A 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.

Technavio’s analysts forecast the global residential solar energy storage market to grow at a CAGR of 67.82% during the period 2017-2021.

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.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, 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 International
• GESS
• GS Yuasa International
• HOPPECKE Batterien
• IBC SOLAR
• KOSTAL Solar Electric
• KYOCERA
• Nedap
• neovoltaic
• Primus Power
• Redflow
• Sharp Electronics
• Sinetech
• SENEC
• SMA Solar Technology
• Sony Energy Devices
• Tesla
• Trojan Battery Company
• VARTA
• ViZn Energy Systems
• ZEN Energy

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
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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