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Residential Battery-Global Market Insights and Sales Trends 2025
Synopsis
The global Residential Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Residential Battery in various end use industries. The expanding demands from the Household Appliances, Residential Power Supply and Other,, are propelling Residential Battery market. Lithium Ion Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sodium-ion Battery segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Residential Battery market, driven by demand from China, the second largest economy with some signs of stabilising, the Residential Battery market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Residential Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Residential Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Residential Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Residential Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Residential Battery covered in this report include ABB Ltd, Amara Raja Batteries Ltd, Samsung SDI, Luminous Power Technologies, LG ChemLtd, Tesla, Enphase Energy, Generac Holdings，Inc. and Sonnen GmbH, etc.
The global Residential Battery market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd
Amara Raja Batteries Ltd
Samsung SDI
Luminous Power Technologies
LG ChemLtd
Tesla
Enphase Energy
Generac Holdings，Inc.
Sonnen GmbH
Panasonic
Nissan
Global Residential Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Residential Battery market, Segment by Type:
Lithium Ion Battery
Sodium-ion Battery
Global Residential Battery market, by Application
Household Appliances
Residential Power Supply
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Residential Battery companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Residential Battery market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Residential Battery in various end use industries. The expanding demands from the Household Appliances, Residential Power Supply and Other,, are propelling Residential Battery market. Lithium Ion Battery, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Sodium-ion Battery segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Residential Battery market, driven by demand from China, the second largest economy with some signs of stabilising, the Residential Battery market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Residential Battery, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Residential Battery market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Residential Battery market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Residential Battery sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Residential Battery covered in this report include ABB Ltd, Amara Raja Batteries Ltd, Samsung SDI, Luminous Power Technologies, LG ChemLtd, Tesla, Enphase Energy, Generac Holdings，Inc. and Sonnen GmbH, etc.
The global Residential Battery market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd
Amara Raja Batteries Ltd
Samsung SDI
Luminous Power Technologies
LG ChemLtd
Tesla
Enphase Energy
Generac Holdings，Inc.
Sonnen GmbH
Panasonic
Nissan
Global Residential Battery market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Residential Battery market, Segment by Type:
Lithium Ion Battery
Sodium-ion Battery
Global Residential Battery market, by Application
Household Appliances
Residential Power Supply
Other
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Residential Battery companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Residential Battery
1.1 Residential Battery Market Overview
1.1.1 Residential Battery Product Scope
1.1.2 Residential Battery Market Status and Outlook
1.2 Global Residential Battery Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Residential Battery Market Size by Region (2018-2029)
1.4 Global Residential Battery Historic Market Size by Region (2018-2023)
1.5 Global Residential Battery Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Residential Battery Market Size (2018-2029)
1.6.1 North America Residential Battery Market Size (2018-2029)
1.6.2 Europe Residential Battery Market Size (2018-2029)
1.6.3 Asia-Pacific Residential Battery Market Size (2018-2029)
1.6.4 Latin America Residential Battery Market Size (2018-2029)
1.6.5 Middle East & Africa Residential Battery Market Size (2018-2029)
2 Residential Battery Market by Type
2.1 Introduction
2.1.1 Lithium Ion Battery
2.1.2 Sodium-ion Battery
2.2 Global Residential Battery Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Residential Battery Historic Market Size by Type (2018-2023)
2.2.2 Global Residential Battery Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Residential Battery Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Residential Battery Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Residential Battery Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Residential Battery Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Residential Battery Revenue Breakdown by Type (2018-2029)
3 Residential Battery Market Overview by Application
3.1 Introduction
3.1.1 Household Appliances
3.1.2 Residential Power Supply
3.1.3 Other
3.2 Global Residential Battery Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Residential Battery Historic Market Size by Application (2018-2023)
3.2.2 Global Residential Battery Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Residential Battery Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Residential Battery Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Residential Battery Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Residential Battery Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Residential Battery Revenue Breakdown by Application (2018-2029)
4 Residential Battery Competition Analysis by Players
4.1 Global Residential Battery Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Residential Battery as of 2022)
4.3 Date of Key Players Enter into Residential Battery Market
4.4 Global Top Players Residential Battery Headquarters and Area Served
4.5 Key Players Residential Battery Product Solution and Service
4.6 Competitive Status
4.6.1 Residential Battery Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB Ltd
5.1.1 ABB Ltd Profile
5.1.2 ABB Ltd Main Business
5.1.3 ABB Ltd Residential Battery Products, Services and Solutions
5.1.4 ABB Ltd Residential Battery Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Ltd Recent Developments
5.2 Amara Raja Batteries Ltd
5.2.1 Amara Raja Batteries Ltd Profile
5.2.2 Amara Raja Batteries Ltd Main Business
5.2.3 Amara Raja Batteries Ltd Residential Battery Products, Services and Solutions
5.2.4 Amara Raja Batteries Ltd Residential Battery Revenue (US$ Million) & (2018-2023)
5.2.5 Amara Raja Batteries Ltd Recent Developments
5.3 Samsung SDI
5.3.1 Samsung SDI Profile
5.3.2 Samsung SDI Main Business
5.3.3 Samsung SDI Residential Battery Products, Services and Solutions
5.3.4 Samsung SDI Residential Battery Revenue (US$ Million) & (2018-2023)
5.3.5 Luminous Power Technologies Recent Developments
5.4 Luminous Power Technologies
5.4.1 Luminous Power Technologies Profile
5.4.2 Luminous Power Technologies Main Business
5.4.3 Luminous Power Technologies Residential Battery Products, Services and Solutions
5.4.4 Luminous Power Technologies Residential Battery Revenue (US$ Million) & (2018-2023)
5.4.5 Luminous Power Technologies Recent Developments
5.5 LG ChemLtd
5.5.1 LG ChemLtd Profile
5.5.2 LG ChemLtd Main Business
5.5.3 LG ChemLtd Residential Battery Products, Services and Solutions
5.5.4 LG ChemLtd Residential Battery Revenue (US$ Million) & (2018-2023)
5.5.5 LG ChemLtd Recent Developments
5.6 Tesla
5.6.1 Tesla Profile
5.6.2 Tesla Main Business
5.6.3 Tesla Residential Battery Products, Services and Solutions
5.6.4 Tesla Residential Battery Revenue (US$ Million) & (2018-2023)
5.6.5 Tesla Recent Developments
5.7 Enphase Energy
5.7.1 Enphase Energy Profile
5.7.2 Enphase Energy Main Business
5.7.3 Enphase Energy Residential Battery Products, Services and Solutions
5.7.4 Enphase Energy Residential Battery Revenue (US$ Million) & (2018-2023)
5.7.5 Enphase Energy Recent Developments
5.8 Generac Holdings，Inc.
5.8.1 Generac Holdings，Inc. Profile
5.8.2 Generac Holdings，Inc. Main Business
5.8.3 Generac Holdings，Inc. Residential Battery Products, Services and Solutions
5.8.4 Generac Holdings，Inc. Residential Battery Revenue (US$ Million) & (2018-2023)
5.8.5 Generac Holdings，Inc. Recent Developments
5.9 Sonnen GmbH
5.9.1 Sonnen GmbH Profile
5.9.2 Sonnen GmbH Main Business
5.9.3 Sonnen GmbH Residential Battery Products, Services and Solutions
5.9.4 Sonnen GmbH Residential Battery Revenue (US$ Million) & (2018-2023)
5.9.5 Sonnen GmbH Recent Developments
5.10 Panasonic
5.10.1 Panasonic Profile
5.10.2 Panasonic Main Business
5.10.3 Panasonic Residential Battery Products, Services and Solutions
5.10.4 Panasonic Residential Battery Revenue (US$ Million) & (2018-2023)
5.10.5 Panasonic Recent Developments
5.11 Nissan
5.11.1 Nissan Profile
5.11.2 Nissan Main Business
5.11.3 Nissan Residential Battery Products, Services and Solutions
5.11.4 Nissan Residential Battery Revenue (US$ Million) & (2018-2023)
5.11.5 Nissan Recent Developments
6 North America
6.1 North America Residential Battery Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Residential Battery Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Residential Battery Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Residential Battery Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Residential Battery Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Residential Battery Market Dynamics
11.1 Residential Battery Industry Trends
11.2 Residential Battery Market Drivers
11.3 Residential Battery Market Challenges
11.4 Residential Battery Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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