DUBLIN--(BUSINESS WIRE)--The "Residential Energy Storage - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Residential Energy Storage Market to Reach $26.4 Billion by 2027
Amid the COVID-19 crisis, the global market for Residential Energy Storage estimated at US$7.5 Billion in the year 2020, is projected to reach a revised size of US$26.4 Billion by 2027, growing at a CAGR of 19.7% over the period 2020-2027.
3-6 kW, one of the segments analyzed in the report, is projected to record 20.2% CAGR and reach US$19.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the 7-10 kW segment is readjusted to a revised 18.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 19.3% CAGR
The Residential Energy Storage market in the U.S. is estimated at US$2.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2027 trailing a CAGR of 19.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.7% and 16.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 35 Featured):
- ABB Ltd.
- BYD Co. Ltd.
- Eaton
- Eguana Technologies
- Huawei
- LG Chem Ltd.
- Samsung SDI Co. Ltd.
- Schneider Electric
- Siemens AG
- SMA Solar Technology
- Tabuchi Electric
- Tesla Inc.
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- World 7-Year Perspective for 3-6 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for 7-10 kW by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Lithium-Ion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Lead-Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Customer Owned by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Utility Owned by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Third-Party Owned by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 35
For more information about this report visit https://www.researchandmarkets.com/r/ws2p7d