Residential Solar Energy Storage Market Size Report For 2019 By Radiant Insights, Inc

About residential solar energy storage

The global residential solar PV market has been growing since the past four to five years. Energy storage plays a vital role in solar PV installation, as it can store surplus electricity that can be utilized during power outages. This storage using a battery is useful when the amount of electricity generated is greater than the electricity demand. It helps regulate and smoothen the power supply. Various technologies such as li-ion, lead-acid, sodium-sulfur, and other advanced technologies are available for energy storage. Lead-acid batteries are being preferred for energy storage because of inherent advantages such as high dynamic charge acceptance, long shelf life, reliability, and low total cost of ownership.

These analysts forecast the global residential solar energy storage market to grow at a CAGR of 67.6% during the period 2014-2019.

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Covered in this report

The report covers the present scenario and the growth prospects of the global residential solar energy storage market for the period 2015-2019. The market is segmented on the basis of geography and battery type.

This report, Global Residential Solar Energy Storage Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the global residential solar energy storage market landscape and its growth prospects in the coming years. The report includes a discussion of the Key vendors operating in this market.

Key regions

  • Americas
  • APAC
  • EMEA

Key vendors

  • BYD
  • C&D Technologies
  • Exide Technologies
  • GS Yuasa
  • LG Chem
  • Panasonic
  • Samsung SDI
  • VARTA Microbattery

About Radiant Insights

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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