Global Solar Storage Batteries Market Research Report 2023(Status and Outlook)

Global Solar Storage Batteries Market Research Report 2023(Status and Outlook)



Report Overview

Solar power systems (PV systems) increasingly use rechargeable batteries to store a surplus to be later used at night. Batteries used for grid-storage also stabilize the electrical grid by leveling out peak loads, and play an important role in a smart grid, as they can charge during periods of low demand and feed their stored energy into the grid when demand is high.

Global Solar Storage Batteries key players include Samsung SDI, LG Energy Solution, Tesla, Sacred Sun, BYD, etc. Global top five manufacturers hold a share about 65%.

Asia-Pacific is the largest market, with a share about 50%, followed by North America, and Europe, both have a share over 40 percent.

In terms of product, Lithium-ion Batteries is the largest segment, with a share about 90%. And in terms of application, the largest application is PV Power Station, followed by Residential, Commercial, etc.

The Global Solar Storage Batteries Market Size was estimated at USD 2660.00 million in 2022 and is projected to reach USD 9755.89 million by 2029, exhibiting a CAGR of 20.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Solar Storage Batteries market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Solar Storage Batteries Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Solar Storage Batteries market in any manner.

Global Solar Storage Batteries Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Samsung SDI

LG Energy Solution

Tesla

Sacred Sun

BYD

Kokam

Alpha ESS

VARTA

NGK Insulators

Sonnen

E3/DC

East Penn

PylonTech

Saft Groupe SA

Hoppecke Batterien

Panasonic

FIAMM

SimpliPhi Power, Inc.

Market Segmentation (by Type)

Lithium-ion Batteries

Lead-acid Batteries

Others

Market Segmentation (by Application)

Hospitals

Clinics

Non-Institutional Use

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Solar Storage Batteries Market

Overview of the regional outlook of the Solar Storage Batteries Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Solar Storage Batteries
1.2 Key Market Segments
1.2.1 Solar Storage Batteries Segment by Type
1.2.2 Solar Storage Batteries Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Solar Storage Batteries Market Overview
2.1 Global Market Overview
2.1.1 Global Solar Storage Batteries Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Solar Storage Batteries Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Solar Storage Batteries Market Competitive Landscape
3.1 Global Solar Storage Batteries Sales by Manufacturers (2018-2023)
3.2 Global Solar Storage Batteries Revenue Market Share by Manufacturers (2018-2023)
3.3 Solar Storage Batteries Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Solar Storage Batteries Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Solar Storage Batteries Sales Sites, Area Served, Product Type
3.6 Solar Storage Batteries Market Competitive Situation and Trends
3.6.1 Solar Storage Batteries Market Concentration Rate
3.6.2 Global 5 and 10 Largest Solar Storage Batteries Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Solar Storage Batteries Industry Chain Analysis
4.1 Solar Storage Batteries Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Solar Storage Batteries Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Solar Storage Batteries Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Solar Storage Batteries Sales Market Share by Type (2018-2023)
6.3 Global Solar Storage Batteries Market Size Market Share by Type (2018-2023)
6.4 Global Solar Storage Batteries Price by Type (2018-2023)
7 Solar Storage Batteries Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Solar Storage Batteries Market Sales by Application (2018-2023)
7.3 Global Solar Storage Batteries Market Size (M USD) by Application (2018-2023)
7.4 Global Solar Storage Batteries Sales Growth Rate by Application (2018-2023)
8 Solar Storage Batteries Market Segmentation by Region
8.1 Global Solar Storage Batteries Sales by Region
8.1.1 Global Solar Storage Batteries Sales by Region
8.1.2 Global Solar Storage Batteries Sales Market Share by Region
8.2 North America
8.2.1 North America Solar Storage Batteries Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Solar Storage Batteries Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Solar Storage Batteries Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Solar Storage Batteries Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Solar Storage Batteries Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Samsung SDI
9.1.1 Samsung SDI Solar Storage Batteries Basic Information
9.1.2 Samsung SDI Solar Storage Batteries Product Overview
9.1.3 Samsung SDI Solar Storage Batteries Product Market Performance
9.1.4 Samsung SDI Business Overview
9.1.5 Samsung SDI Solar Storage Batteries SWOT Analysis
9.1.6 Samsung SDI Recent Developments
9.2 LG Energy Solution
9.2.1 LG Energy Solution Solar Storage Batteries Basic Information
9.2.2 LG Energy Solution Solar Storage Batteries Product Overview
9.2.3 LG Energy Solution Solar Storage Batteries Product Market Performance
9.2.4 LG Energy Solution Business Overview
9.2.5 LG Energy Solution Solar Storage Batteries SWOT Analysis
9.2.6 LG Energy Solution Recent Developments
9.3 Tesla
9.3.1 Tesla Solar Storage Batteries Basic Information
9.3.2 Tesla Solar Storage Batteries Product Overview
9.3.3 Tesla Solar Storage Batteries Product Market Performance
9.3.4 Tesla Business Overview
9.3.5 Tesla Solar Storage Batteries SWOT Analysis
9.3.6 Tesla Recent Developments
9.4 Sacred Sun
9.4.1 Sacred Sun Solar Storage Batteries Basic Information
9.4.2 Sacred Sun Solar Storage Batteries Product Overview
9.4.3 Sacred Sun Solar Storage Batteries Product Market Performance
9.4.4 Sacred Sun Business Overview
9.4.5 Sacred Sun Solar Storage Batteries SWOT Analysis
9.4.6 Sacred Sun Recent Developments
9.5 BYD
9.5.1 BYD Solar Storage Batteries Basic Information
9.5.2 BYD Solar Storage Batteries Product Overview
9.5.3 BYD Solar Storage Batteries Product Market Performance
9.5.4 BYD Business Overview
9.5.5 BYD Solar Storage Batteries SWOT Analysis
9.5.6 BYD Recent Developments
9.6 Kokam
9.6.1 Kokam Solar Storage Batteries Basic Information
9.6.2 Kokam Solar Storage Batteries Product Overview
9.6.3 Kokam Solar Storage Batteries Product Market Performance
9.6.4 Kokam Business Overview
9.6.5 Kokam Recent Developments
9.7 Alpha ESS
9.7.1 Alpha ESS Solar Storage Batteries Basic Information
9.7.2 Alpha ESS Solar Storage Batteries Product Overview
9.7.3 Alpha ESS Solar Storage Batteries Product Market Performance
9.7.4 Alpha ESS Business Overview
9.7.5 Alpha ESS Recent Developments
9.8 VARTA
9.8.1 VARTA Solar Storage Batteries Basic Information
9.8.2 VARTA Solar Storage Batteries Product Overview
9.8.3 VARTA Solar Storage Batteries Product Market Performance
9.8.4 VARTA Business Overview
9.8.5 VARTA Recent Developments
9.9 NGK Insulators
9.9.1 NGK Insulators Solar Storage Batteries Basic Information
9.9.2 NGK Insulators Solar Storage Batteries Product Overview
9.9.3 NGK Insulators Solar Storage Batteries Product Market Performance
9.9.4 NGK Insulators Business Overview
9.9.5 NGK Insulators Recent Developments
9.10 Sonnen
9.10.1 Sonnen Solar Storage Batteries Basic Information
9.10.2 Sonnen Solar Storage Batteries Product Overview
9.10.3 Sonnen Solar Storage Batteries Product Market Performance
9.10.4 Sonnen Business Overview
9.10.5 Sonnen Recent Developments
9.11 E3/DC
9.11.1 E3/DC Solar Storage Batteries Basic Information
9.11.2 E3/DC Solar Storage Batteries Product Overview
9.11.3 E3/DC Solar Storage Batteries Product Market Performance
9.11.4 E3/DC Business Overview
9.11.5 E3/DC Recent Developments
9.12 East Penn
9.12.1 East Penn Solar Storage Batteries Basic Information
9.12.2 East Penn Solar Storage Batteries Product Overview
9.12.3 East Penn Solar Storage Batteries Product Market Performance
9.12.4 East Penn Business Overview
9.12.5 East Penn Recent Developments
9.13 PylonTech
9.13.1 PylonTech Solar Storage Batteries Basic Information
9.13.2 PylonTech Solar Storage Batteries Product Overview
9.13.3 PylonTech Solar Storage Batteries Product Market Performance
9.13.4 PylonTech Business Overview
9.13.5 PylonTech Recent Developments
9.14 Saft Groupe SA
9.14.1 Saft Groupe SA Solar Storage Batteries Basic Information
9.14.2 Saft Groupe SA Solar Storage Batteries Product Overview
9.14.3 Saft Groupe SA Solar Storage Batteries Product Market Performance
9.14.4 Saft Groupe SA Business Overview
9.14.5 Saft Groupe SA Recent Developments
9.15 Hoppecke Batterien
9.15.1 Hoppecke Batterien Solar Storage Batteries Basic Information
9.15.2 Hoppecke Batterien Solar Storage Batteries Product Overview
9.15.3 Hoppecke Batterien Solar Storage Batteries Product Market Performance
9.15.4 Hoppecke Batterien Business Overview
9.15.5 Hoppecke Batterien Recent Developments
9.16 Panasonic
9.16.1 Panasonic Solar Storage Batteries Basic Information
9.16.2 Panasonic Solar Storage Batteries Product Overview
9.16.3 Panasonic Solar Storage Batteries Product Market Performance
9.16.4 Panasonic Business Overview
9.16.5 Panasonic Recent Developments
9.17 FIAMM
9.17.1 FIAMM Solar Storage Batteries Basic Information
9.17.2 FIAMM Solar Storage Batteries Product Overview
9.17.3 FIAMM Solar Storage Batteries Product Market Performance
9.17.4 FIAMM Business Overview
9.17.5 FIAMM Recent Developments
9.18 SimpliPhi Power, Inc.
9.18.1 SimpliPhi Power, Inc. Solar Storage Batteries Basic Information
9.18.2 SimpliPhi Power, Inc. Solar Storage Batteries Product Overview
9.18.3 SimpliPhi Power, Inc. Solar Storage Batteries Product Market Performance
9.18.4 SimpliPhi Power, Inc. Business Overview
9.18.5 SimpliPhi Power, Inc. Recent Developments
10 Solar Storage Batteries Market Forecast by Region
10.1 Global Solar Storage Batteries Market Size Forecast
10.2 Global Solar Storage Batteries Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Solar Storage Batteries Market Size Forecast by Country
10.2.3 Asia Pacific Solar Storage Batteries Market Size Forecast by Region
10.2.4 South America Solar Storage Batteries Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Solar Storage Batteries by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Solar Storage Batteries Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Solar Storage Batteries by Type (2024-2029)
11.1.2 Global Solar Storage Batteries Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Solar Storage Batteries by Type (2024-2029)
11.2 Global Solar Storage Batteries Market Forecast by Application (2024-2029)
11.2.1 Global Solar Storage Batteries Sales (K Units) Forecast by Application
11.2.2 Global Solar Storage Batteries Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings