Synopsis
The global market for Plug-In Balcony Energy Storage System was estimated to be worth US$ 3300 million in 2024 and is forecast to a readjusted size of US$ 15000 million by 2031 with a CAGR of 21.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Plug-In Balcony Energy Storage System cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The plug-in balcony energy storage system is a smartly designed energy solution that integrates solar photovoltaic power generation and energy storage functions on the balcony. It combines photovoltaic panels with energy storage batteries through a convenient plug-in installation method, which saves space and improves energy efficiency. The system can convert solar energy into electrical energy when there is sufficient sunlight and store it in batteries for use by families at night or on cloudy days, helping to reduce electricity bills and reduce dependence on traditional energy sources.
In recent years, driven by tight energy supply-demand dynamics and policy incentives, the plug-in balcony energy storage system industry, particularly in the European market, has achieved remarkable high growth. Looking ahead, with continued optimization of the policy environment, demand for plug-in balcony energy storage systems in European countries such as Germany, Austria, and France is expected to further expand, with market penetration rates poised for sustained growth. Meanwhile, regions like the Americas and Asia-Pacific will also accelerate their deployment, driving global market expansion. The industry is projected to gradually transition from a high-growth phase to a steady-growth phase, with broad market prospects.
In terms of product design, wall-mounted type have become the mainstream. Major manufacturers are focusing their R&D efforts on wall-mounted products, aligning with the industry's trend toward simplicity and aesthetics. In the future, plug-in balcony energy storage systems will evolve toward appliance-like integration. The market size for wall-mounted products is expected to reach US$9,569.11 million from 2025 to 2031, with a compound annual growth rate (CAGR) of 23.6%.
Regarding application scenarios, multifamily Homes remains the core downstream market. Plug-in balcony energy storage systems effectively address power limitations and space constraints in photovoltaic utilization for multi-family residences while offering economic advantages. Moving forward, multi-family housing will continue to be the primary demand driver, with sustained growth expected. The market size for multi-family housing applications is projected to reach US$11,353.87 million from 2025 to 2031, with a CAGR of 22.4%.
In terms of the global competitive landscape, leading players such as Enphase, Growatt, and Alphaess dominate the market, with the top three companies expected to hold a combined market share of 49.76% in 2024. Market participants can be broadly categorized into two types: established manufacturers with in-house production capabilities for key components like energy storage systems and microinverters, leveraging their technological and supply chain advantages to rapidly capture market share; and emerging players, which, despite lacking first-mover advantages, are quickly gaining traction through strong marketing strategies and capital backing. As more companies enter the market, competition is expected to intensify further in the coming years.
This report aims to provide a comprehensive presentation of the global market for Plug-In Balcony Energy Storage System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Plug-In Balcony Energy Storage System by region & country, by Type, and by Application.
The Plug-In Balcony Energy Storage System market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Plug-In Balcony Energy Storage System.
Market Segmentation
By Company
Enphase
Growatt
Alphaess
Solarwatt
EcoFlow
Apsystems
Hoymiles
Bluetti
DAHsolar
Newsmy Power
PVB (Beny New Energy)
Anker
HFIEpower
Efficient Energy Technology
HAME
Jackery (Hello-Tech)
Zendure
Marstek Energy
Anfuote
Segment by Type
Wall-Mounted Type
Floor-Mounted Type
Segment by Application
Multifamily Homes
Single-Family Homes
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, 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 Plug-In Balcony Energy Storage System 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 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 Application, 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 Plug-In Balcony Energy Storage System 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 Plug-In Balcony Energy Storage System in country level. It provides sigmate data by Type, and by Application 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.
Index
Available Upon Request