Global Solar Energy Storage Battery Market Growth (Status and Outlook) 2025-2031

Global Solar Energy Storage Battery Market Growth (Status and Outlook) 2025-2031

The global Solar Energy Storage Battery market size is predicted to grow from US$ 5291 million in 2025 to US$ 16650 million in 2031; it is expected to grow at a CAGR of 21.1% from 2025 to 2031.

Solar energy storage batteries are designed to store the excess energy generated by solar panels during periods of high sunlight for later use. These batteries are a critical component of solar energy systems, enabling a more stable and reliable power supply, particularly in residential, commercial, and utility-scale applications. By storing energy, these batteries help balance supply and demand, providing electricity during periods of low sunlight, such as nighttime or cloudy days.

Europe and America key players of solar energy storage battery include sonnen, Tesla, LG Energy Solution, etc. In terms of product, higher molecular weight grade PVB resin is the largest segment, with a share about 90%. And in terms of application, the largest segment is automotive, with a share about 60%.

LPI (LP Information)' newest research report, the “Solar Energy Storage Battery Industry Forecast” looks at past sales and reviews total world Solar Energy Storage Battery sales in 2024, providing a comprehensive analysis by region and market sector of projected Solar Energy Storage Battery sales for 2025 through 2031. With Solar Energy Storage Battery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Energy Storage Battery industry.

This Insight Report provides a comprehensive analysis of the global Solar Energy Storage Battery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Solar Energy Storage Battery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Energy Storage Battery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Energy Storage Battery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Energy Storage Battery.

This report presents a comprehensive overview, market shares, and growth opportunities of Solar Energy Storage Battery market by product type, application, key players and key regions and countries.

Segmentation by Type:
Below 10kWh
10-19kWh
20-29kWh
Above 30kWh

Segmentation by Application:
Residential Use
Commercial Use
Industrial Use

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Tesla
LG Energy Solution
sonnen
Huawei
BYD
Panasonic
SENEC
Enphase Energy
VARTA AG
E3/DC
Pylontech
BMZ
Generac
SimpliPhi Power
Solax Power
Outback Power(ENERSYS)
Goodwe

Please note: The report will take approximately 2 business days to prepare and deliver.