Synopsis
The global market for Residential Energy Storage All-in-one Machine was estimated to be worth US$ 5018 million in 2024 and is forecast to a readjusted size of US$ 17740 million by 2031 with a CAGR of 21.0% during the forecast period 2025-2031.
A home energy storage unit is a device that integrates an energy storage system and an inverter, designed to collect and store electrical energy from the grid or renewable energy generation systems (such as solar panels or wind turbines) for future use Use power when you need it. A household energy storage machine usually consists of the following components: 1. Energy storage system: The built-in battery pack of the energy storage machine is used to store electrical energy. Common battery technologies include lithium-ion batteries, lead-acid batteries, and others. 2. Inverter: The built-in inverter of the energy storage machine converts the stored DC power into AC power for use by household appliances. 3. Control system: used to monitor and manage the status and performance of the energy storage system, including functions such as battery charge and discharge control, power management and fault protection. 4. Connecting to the grid: The energy storage integrated machine can usually be connected to the grid, and can supply power to the grid or obtain power from the grid through bidirectional current flow. One of the main functions of a home energy storage unit is to store electrical energy for use during peak power supply periods, such as at night or during peak electricity price periods. In addition, it can provide a backup power function to maintain power to the home in the event of a grid outage or failure. In addition, for households with renewable energy systems installed, the energy storage machine can also store and optimize the use of renewable energy to achieve a higher degree of self-sufficiency.
Compared with split-type household energy storage systems, household energy storage integrated machines integrate functional modules such as energy storage units, inverters, and controllers into one device, which has the advantage of easier installation and maintenance. The integrated design reduces space occupancy, simplifies electrical connections and system configuration, and improves the reliability and stability of the system. At the same time, users can manage and monitor more conveniently during use, which improves the operating experience. In addition, integrated machines usually have higher energy efficiency and safety, which are suitable for home users' multiple needs for space, cost and ease of use.
From a regional perspective, China's household energy storage integrated machine market is almost zero, mainly for the following reasons: 1. China's electricity price difference is much smaller than that of developed countries, and residential electricity prices are also cheaper. In China, electricity prices are generally set uniformly by the state, and the current coal-based power structure has led to the fact that in terms of electricity consumption for urban residents in China, the price difference in most regions will not exceed 1 yuan/kWh, or even less than 0.5 yuan/kWh. 2. Compared with the residential market structure dominated by independent houses abroad, China's residential types are mainly high-rise residential communities, which limits the installation and development of household energy storage systems. At present, Europe is the world's largest consumer market, accounting for 48.06% of the market share in 2024, followed by North America, accounting for 37.13%. Due to geopolitical conflicts and energy crises in Europe, the upward trend in electricity prices has greatly increased the economic feasibility of household storage in Europe, and demand has achieved explosive growth. Taking Germany as an example, in 2021, Germany's residential electricity price (residential electricity price includes wholesale electricity price, EEG surcharge and transmission and distribution costs, etc.) was about 32.16 euro cents/KWh, but in 2022 it increased to 37.91 euro cents/KWh, and in 2023 it even climbed to 45.73 euro cents/KWh, an increase of 42.20% from 2021. Starting from the second half of 2023, spot electricity prices and futures electricity prices in France, Italy and Germany began to decline, reducing consumers' willingness to install household storage systems. In 2024, the number of European household energy storage integrated machines dropped sharply. However, despite various factors, it is expected that the demand in the European market will resume its growth trend in the future, including the target of the proportion of new energy power generation, the continuous increase of incentive policies of various countries, and the emergence of new profit mechanisms.
At present, the world's major manufacturers include Tesla, SENEC, sonnen, E3/DC and SolaX Power, among which Tesla occupies a leading position and will occupy 48.75% of the global market in 2024. The main market of Chinese manufacturers is currently Europe. With the sharp decline of the European market, the income of Chinese manufacturers has been affected. It is expected that in the next few years, various manufacturers will expand their markets in emerging markets, and industry competition will become more intense, especially in Southeast Asia, India, Africa and other markets.
This report aims to provide a comprehensive presentation of the global market for Residential Energy Storage All-in-one Machine, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Residential Energy Storage All-in-one Machine by region & country, by Type, and by Application.
The Residential Energy Storage All-in-one Machine market size, estimations, and forecasts are provided in terms of sales volume (KWh) 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 Residential Energy Storage All-in-one Machine.
Market Segmentation
By Company
Tesla
SENEC
sonnen
E3/DC
SolaX Power
Alpha ESS
Sanjing Electric
Kstar Science & Technology
Hiconics Eco-energy Technology
Segment by Type
Ternary Lithium Battery
Lithium Iron Phosphate Battery
Segment by Application
10KWh or Less (Inclusive)
10KWh or More
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 Residential Energy Storage All-in-one Machine 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 Residential Energy Storage All-in-one Machine 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 All-in-one Machine 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