Solar Battery Market 2028 By Technology, End-User and Geography | The Insight Partners

Solar Battery Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (Lead Acid Batteries, Lithium Ion Batteries, Sodium Based Batteries); End-User (Residential, Industrial, Commercial) and Geography

Report Code: TIPRE00029305 | No. of Pages: 150 | Category: Energy and Power | Status: Upcoming

MARKET OVERVIEW
Solar batteries are commonly used to store solar energy and discharge it as needed. Lithium ion or lead acid are used to make it. Sun batteries are rechargeable and can be used to store excess energy in solar cell systems. Solar batteries are used in a variety of applications, including solar charging stations, power plant storage, and off-grid storage. Significant surge in demand for eco-friendly and cost-effective energy solutions for industrial and commercial energy storage is expected to drive the market growth. Moreover, it is highly effective to reduce carbon footprint. As governments across the globe are promoting sustainable energy sources, the demand for solar battery is expected to increase during the projected timeframe. The implementation of solar battery in the residential and commercial sectors makes them energy independent and increase the self-reliance of the owner.

MARKET SCOPE
The "Global Solar battery Market Analysis to 2028" is a specialized and in-depth study of the Solar battery market with a special focus on the global market trend analysis. The report aims to provide an overview of Solar battery market with detailed market segmentation by technology, end-user, and geography. The global Solar battery market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Solar battery market players and offers key trends and opportunities in the Solar battery market.

MARKET SEGMENTATION

  •  The global solar battery market is segmented on the basis of technology, and end-user.
  •  On the basis of technology, the market is divided into lead acid batteries, lithium ion batteries, and sodium based batteries.
  •  On the basis of end-user the market is segmented into residential, industrial, and commercial.

MARKET DYNAMICS
Drivers:

  •  Significant surge in demand for eco-friendly and cost-effective energy solutions for industrial and commercial energy storage is expected to drive the market growth.
  •  Growing interest of industry players toward renewable energy storage solutions is expected to secure new investments over the forecast timeframe.
Restraints:

  •  Initial installation cost and high maintenance cost of solar battery are the major challenges for industry players.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The solar battery market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the solar battery market in these regions.

IMPACT OF COVID-19 ON SOLAR BATTERY MARKET
COVID-19 had an immediate impact on the worldwide solar battery sector due to social distancing norms and a labour shortage. As a result, new projects were cancelled and installations were postponed.
Furthermore, the substantial drop in consumer spending had a significant impact on demand. Consumer spending during the lockout had a significant impact on the solar battery sector, which included a variety of solar storage devices. Furthermore, due to movement restrictions, the upstream and downstream channels have been impacted, resulting in an increase in inventories. Furthermore, the market was harmed by a strong reliance on Chinese solar cell, solar battery, and solar module exports. Around 80% of India's solar products are imported from China. Because China's manufacturing enterprises have been idle for the past 6-7 years.



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MARKET PLAYERS

The report covers key developments in the solar battery market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from solar batterymarket market are anticipated to lucrative growth opportunities in the future with the rising demand for solar battery market in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Solar battery market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •  Bosch Solar Energy
  •  East Penn Manufacturing
  •  Exide Technologies
  •  First Solar, Inc.
  •  Fusion Power Systems
  •  GS Yuasa
  •  LG Chem.
  •  Samsung SDI
  •  Schneider Electric
  •  SMA Solar Technology AG.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


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TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Solar Battery Market - By Technology
1.3.2 Solar Battery Market - By End-User
1.3.3 Solar Battery Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SOLAR BATTERY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. SOLAR BATTERY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. SOLAR BATTERY MARKET - GLOBAL MARKET ANALYSIS
6.1. SOLAR BATTERY - GLOBAL MARKET OVERVIEW
6.2. SOLAR BATTERY - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. SOLAR BATTERY MARKET - REVENUE AND FORECASTS TO 2027 - TECHNOLOGY
7.1. OVERVIEW
7.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3. LEAD ACID BATTERIES
7.3.1. Overview
7.3.2. Lead Acid Batteries Market Forecast and Analysis
7.4. LITHIUM ION BATTERIES
7.4.1. Overview
7.4.2. Lithium Ion Batteries Market Forecast and Analysis
7.5. SODIUM BASED BATTERIES
7.5.1. Overview
7.5.2. Sodium Based Batteries Market Forecast and Analysis
8. SOLAR BATTERY MARKET - REVENUE AND FORECASTS TO 2027 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. Residential Market Forecast and Analysis
8.4. INDUSTRIAL
8.4.1. Overview
8.4.2. Industrial Market Forecast and Analysis
8.5. COMMERCIAL
8.5.1. Overview
8.5.2. Commercial Market Forecast and Analysis

9. SOLAR BATTERY MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Solar Battery Market Overview
9.1.2 North America Solar Battery Market Forecasts and Analysis
9.1.3 North America Solar Battery Market Forecasts and Analysis - By Technology
9.1.4 North America Solar Battery Market Forecasts and Analysis - By End-User
9.1.5 North America Solar Battery Market Forecasts and Analysis - By Countries
9.1.5.1 United States Solar Battery Market
9.1.5.1.1 United States Solar Battery Market by Technology
9.1.5.1.2 United States Solar Battery Market by End-User
9.1.5.2 Canada Solar Battery Market
9.1.5.2.1 Canada Solar Battery Market by Technology
9.1.5.2.2 Canada Solar Battery Market by End-User
9.1.5.3 Mexico Solar Battery Market
9.1.5.3.1 Mexico Solar Battery Market by Technology
9.1.5.3.2 Mexico Solar Battery Market by End-User
9.2. EUROPE
9.2.1 Europe Solar Battery Market Overview
9.2.2 Europe Solar Battery Market Forecasts and Analysis
9.2.3 Europe Solar Battery Market Forecasts and Analysis - By Technology
9.2.4 Europe Solar Battery Market Forecasts and Analysis - By End-User
9.2.5 Europe Solar Battery Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Solar Battery Market
9.2.5.1.1 Germany Solar Battery Market by Technology
9.2.5.1.2 Germany Solar Battery Market by End-User
9.2.5.2 France Solar Battery Market
9.2.5.2.1 France Solar Battery Market by Technology
9.2.5.2.2 France Solar Battery Market by End-User
9.2.5.3 Italy Solar Battery Market
9.2.5.3.1 Italy Solar Battery Market by Technology
9.2.5.3.2 Italy Solar Battery Market by End-User
9.2.5.4 United Kingdom Solar Battery Market
9.2.5.4.1 United Kingdom Solar Battery Market by Technology
9.2.5.4.2 United Kingdom Solar Battery Market by End-User
9.2.5.5 Russia Solar Battery Market
9.2.5.5.1 Russia Solar Battery Market by Technology
9.2.5.5.2 Russia Solar Battery Market by End-User
9.2.5.6 Rest of Europe Solar Battery Market
9.2.5.6.1 Rest of Europe Solar Battery Market by Technology
9.2.5.6.2 Rest of Europe Solar Battery Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Solar Battery Market Overview
9.3.2 Asia-Pacific Solar Battery Market Forecasts and Analysis
9.3.3 Asia-Pacific Solar Battery Market Forecasts and Analysis - By Technology
9.3.4 Asia-Pacific Solar Battery Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Solar Battery Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Solar Battery Market
9.3.5.1.1 Australia Solar Battery Market by Technology
9.3.5.1.2 Australia Solar Battery Market by End-User
9.3.5.2 China Solar Battery Market
9.3.5.2.1 China Solar Battery Market by Technology
9.3.5.2.2 China Solar Battery Market by End-User
9.3.5.3 India Solar Battery Market
9.3.5.3.1 India Solar Battery Market by Technology
9.3.5.3.2 India Solar Battery Market by End-User
9.3.5.4 Japan Solar Battery Market
9.3.5.4.1 Japan Solar Battery Market by Technology
9.3.5.4.2 Japan Solar Battery Market by End-User
9.3.5.5 South Korea Solar Battery Market
9.3.5.5.1 South Korea Solar Battery Market by Technology
9.3.5.5.2 South Korea Solar Battery Market by End-User
9.3.5.6 Rest of Asia-Pacific Solar Battery Market
9.3.5.6.1 Rest of Asia-Pacific Solar Battery Market by Technology
9.3.5.6.2 Rest of Asia-Pacific Solar Battery Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Solar Battery Market Overview
9.4.2 Middle East and Africa Solar Battery Market Forecasts and Analysis
9.4.3 Middle East and Africa Solar Battery Market Forecasts and Analysis - By Technology
9.4.4 Middle East and Africa Solar Battery Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Solar Battery Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Solar Battery Market
9.4.5.1.1 South Africa Solar Battery Market by Technology
9.4.5.1.2 South Africa Solar Battery Market by End-User
9.4.5.2 Saudi Arabia Solar Battery Market
9.4.5.2.1 Saudi Arabia Solar Battery Market by Technology
9.4.5.2.2 Saudi Arabia Solar Battery Market by End-User
9.4.5.3 U.A.E Solar Battery Market
9.4.5.3.1 U.A.E Solar Battery Market by Technology
9.4.5.3.2 U.A.E Solar Battery Market by End-User
9.4.5.4 Rest of Middle East and Africa Solar Battery Market
9.4.5.4.1 Rest of Middle East and Africa Solar Battery Market by Technology
9.4.5.4.2 Rest of Middle East and Africa Solar Battery Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Solar Battery Market Overview
9.5.2 South and Central America Solar Battery Market Forecasts and Analysis
9.5.3 South and Central America Solar Battery Market Forecasts and Analysis - By Technology
9.5.4 South and Central America Solar Battery Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Solar Battery Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Solar Battery Market
9.5.5.1.1 Brazil Solar Battery Market by Technology
9.5.5.1.2 Brazil Solar Battery Market by End-User
9.5.5.2 Argentina Solar Battery Market
9.5.5.2.1 Argentina Solar Battery Market by Technology
9.5.5.2.2 Argentina Solar Battery Market by End-User
9.5.5.3 Rest of South and Central America Solar Battery Market
9.5.5.3.1 Rest of South and Central America Solar Battery Market by Technology
9.5.5.3.2 Rest of South and Central America Solar Battery Market by End-User

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. SOLAR BATTERY MARKET, KEY COMPANY PROFILES
11.1. BOSCH SOLAR ENERGY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EAST PENN MANUFACTURING
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EXIDE TECHNOLOGIES
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FIRST SOLAR, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FUSION POWER SYSTEMS
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. GS YUASA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LG CHEM
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SAMSUNG SDI
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SCHNEIDER ELECTRIC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SMA SOLAR TECHNOLOGY AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Bosch Solar Energy
2.East Penn Manufacturing
3.Exide Technologies
4.First Solar, Inc.
5.Fusion Power Systems
6.GS Yuasa
7.LG Chem
8.Samsung SDI
9.Schneider Electric
10.SMA Solar Technology AG
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