Global Solar Storage Batteries Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Solar Storage Batteries Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Solar Storage Batteries market size was valued at US$ 4254 million in 2024 and is forecast to a readjusted size of USD 14970 million by 2031 with a CAGR of 19.9% during review period.

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.

This report is a detailed and comprehensive analysis for global Solar Storage Batteries market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Solar Storage Batteries market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/Wh), 2020-2031

Global Solar Storage Batteries market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/Wh), 2020-2031

Global Solar Storage Batteries market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/Wh), 2020-2031

Global Solar Storage Batteries market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/Wh), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Solar Storage Batteries

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Solar Storage Batteries market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Samsung SDI, LG Energy Solution, Tesla, Sacred Sun, BYD, Kokam, Alpha ESS, VARTA, NGK Insulators, Sonnen, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Solar Storage Batteries market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Lithium-ion Batteries
Lead-acid Batteries
Others

Market segment by Application
PV Power Station
Commercial
Residential

Major players covered
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 segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Solar Storage Batteries product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Solar Storage Batteries, with price, sales quantity, revenue, and global market share of Solar Storage Batteries from 2020 to 2025.

Chapter 3, the Solar Storage Batteries competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Solar Storage Batteries breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Solar Storage Batteries market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Solar Storage Batteries.

Chapter 14 and 15, to describe Solar Storage Batteries sales channel, distributors, customers, research findings and conclusion.