Residential Energy Storage Market Statistics 

Energy storage systems are the set of methods and technologies used to store various forms of energy.

Residential Energy storage is the capture of energy produced at one time for use at a later time for home. A device that stores energy is generally called an accumulator or battery.

In this report, Residential Energy Storage mainly focuses on the Battery ESS, instead of the mechanical ESS, thermo-dynamic ESS

The global Residential Energy Storage market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.

In Germany, the key players of residential energy storage include BYD, Sonnen, E3/DC, etc. The top three players hold a share about 59% of Germany market. In terms of product type, lithium is the largest segment, occupied for a share of 99%, and in terms of capacity, below 8kWh has a share about 65 percent.

This report aims to provide a comprehensive presentation of the global market for Residential Energy Storage, 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.

Report Scope

The Residential Energy Storage market size, estimations, and forecasts are provided in terms of output/shipments (MWh) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Residential Energy Storage market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments. The report will help the Residential Energy Storage manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.