Global Solar Battery Market Research and Forecast, 2018-2023
Solar batteries are charged with energy from the solar panels. When the solar battery is installed as a part of a home solar energy system, the extra energy is stored for future use rather than sending it back to the electricity grid. The ability to use electricity generated by the solar panels is maximized with the solar batteries. The stored solar energy can be used later in the daytime, at night time or in cloudy weather. The market for the solar battery is expected to show a significant growth due to increasing demand for solar battery from the telecom sector and incentives by the government for solar energy system installation. In addition, the rising cost of electricity bill and low contribution of solar batteries in environmental pollution are further fuelling the growth of the solar battery market. However, the high cost of the installation of a solar energy system act as the limiting factor and hinders the market growth.
The global solar battery market is segmented on the basis of the geographical regions as North America, Europe, Asia-Pacific, and Rest of the world. North America is further sub-segmented into the US and Canada, Europe in the UK, France, Germany, Italy, Spain, and the rest of Europe. While Asia-Pacific is further analyzed on the basis India, China, Japan, and rest of Asia-Pacific. North America is expected to have a considerable share in the market owing to increased investment solar installation in the region. Key market players of the global solar battery market are East Penn Manufacturing Company, Exide Industries Limited, Fusion Power Systems, Schneider Electric, SMA Solar Technology AG, GS Yuasa, LG Chem, and so on.
RESEARCH METHODOLOGY
The market study of the global solar battery market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
SECONDARY SOURCES INCLUDE
MARKET SEGMENTATION
1. Global Solar Battery Market by Type
2. Global Solar Battery Market by End Users
THE REPORT COVERS
The global solar battery market is segmented on the basis of the geographical regions as North America, Europe, Asia-Pacific, and Rest of the world. North America is further sub-segmented into the US and Canada, Europe in the UK, France, Germany, Italy, Spain, and the rest of Europe. While Asia-Pacific is further analyzed on the basis India, China, Japan, and rest of Asia-Pacific. North America is expected to have a considerable share in the market owing to increased investment solar installation in the region. Key market players of the global solar battery market are East Penn Manufacturing Company, Exide Industries Limited, Fusion Power Systems, Schneider Electric, SMA Solar Technology AG, GS Yuasa, LG Chem, and so on.
RESEARCH METHODOLOGY
The market study of the global solar battery market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
SECONDARY SOURCES INCLUDE
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- An authentic database such as the International Renewable Energy Agency (IREA), Solar Energy International and so on.
- Company websites and their product/ services catalog.
MARKET SEGMENTATION
1. Global Solar Battery Market by Type
2. Global Solar Battery Market by End Users
THE REPORT COVERS
- Comprehensive research methodology of global solar battery market.
- This report also includes a detailed and extensive market overview with analyst insights & key market trends.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global solar battery market.
- Insights about market determinants which are stimulating the global solar battery market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. REPORT SUMMARY
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. by Segments
1.2.2. by Geography
1.2.3. by Stakeholders
2. MARKET OVERVIEW AND INSIGHTS
2.1. Definition
2.2. Analyst Insights & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
2.3. Regulations
3. MARKET DETERMINANTS
3.1. Motivators
3.1.1. Rising Demand of Solar Battery from Telecom Sector
3.1.2. Rising demand for environment friendly battery
3.1.3. Government Support and Incentive for Solar Systems Installation
3.1.4. Rising Electricity Bills
3.2. Restraints
3.2.1. High Cost of Installation
3.2.2. Challenges in Storage
3.3. Opportunities
3.3.1. Rise in the Market of Electric Vehicle
3.3.2. Increase in Microgrid Deployment
4. MARKET SEGMENTATION
4.1. Global Solar Battery Market by Type
4.1.1. Lead Acid Battery
4.1.2. Lithium Ion Battery
4.1.3. Other
4.2. Global Solar Battery Market by End-User
4.2.1. Telecommunication Industries
4.2.2. Home and Residential
4.2.3. Automobile Applications
5. COMPETITIVE LANDSCAPE
5.1. Key Market Strategy Analysis
5.2. Key Company Analysis
6. REGIONAL ANALYSIS
6.1. North America
6.1.1. United States
6.1.2. Canada
6.1.3. Rest of North America
6.2. Europe
6.2.1. United Kingdom
6.2.2. France
6.2.3. Germany
6.2.4. Italy
6.2.5. Spain
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. India
6.3.2. China
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. COMPANY PROFILES
7.1. Duracell Inc.
7.2. East Penn Manufacturing Co.
7.3. Exide Industries Ltd.
7.4. Fusion Power Systems
7.5. GS Yuasa Corp.
7.6. Iron Edison, LLC
7.7. LG Chem, Inc.
7.8. MaxPower, Inc.
7.9. Okaya Power Pvt. Ltd.
7.10. PAE Ltd.
7.11. Panasonic Corp.
7.12. Samsung SDI Co., Ltd.
7.13. Schneider Electric SE
7.14. Sealed Energy Systems
7.15. SMA Solar Technology AG
7.16. Su-Kam Power Systems Ltd.
7.17. Sullivan Solar Power
7.18. Tesla, Inc.
7.19. Toshiba Corp.
7.20. Trojan Battery Company
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. by Segments
1.2.2. by Geography
1.2.3. by Stakeholders
2. MARKET OVERVIEW AND INSIGHTS
2.1. Definition
2.2. Analyst Insights & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendation
2.2.3. Conclusion
2.3. Regulations
3. MARKET DETERMINANTS
3.1. Motivators
3.1.1. Rising Demand of Solar Battery from Telecom Sector
3.1.2. Rising demand for environment friendly battery
3.1.3. Government Support and Incentive for Solar Systems Installation
3.1.4. Rising Electricity Bills
3.2. Restraints
3.2.1. High Cost of Installation
3.2.2. Challenges in Storage
3.3. Opportunities
3.3.1. Rise in the Market of Electric Vehicle
3.3.2. Increase in Microgrid Deployment
4. MARKET SEGMENTATION
4.1. Global Solar Battery Market by Type
4.1.1. Lead Acid Battery
4.1.2. Lithium Ion Battery
4.1.3. Other
4.2. Global Solar Battery Market by End-User
4.2.1. Telecommunication Industries
4.2.2. Home and Residential
4.2.3. Automobile Applications
5. COMPETITIVE LANDSCAPE
5.1. Key Market Strategy Analysis
5.2. Key Company Analysis
6. REGIONAL ANALYSIS
6.1. North America
6.1.1. United States
6.1.2. Canada
6.1.3. Rest of North America
6.2. Europe
6.2.1. United Kingdom
6.2.2. France
6.2.3. Germany
6.2.4. Italy
6.2.5. Spain
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. India
6.3.2. China
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. COMPANY PROFILES
7.1. Duracell Inc.
7.2. East Penn Manufacturing Co.
7.3. Exide Industries Ltd.
7.4. Fusion Power Systems
7.5. GS Yuasa Corp.
7.6. Iron Edison, LLC
7.7. LG Chem, Inc.
7.8. MaxPower, Inc.
7.9. Okaya Power Pvt. Ltd.
7.10. PAE Ltd.
7.11. Panasonic Corp.
7.12. Samsung SDI Co., Ltd.
7.13. Schneider Electric SE
7.14. Sealed Energy Systems
7.15. SMA Solar Technology AG
7.16. Su-Kam Power Systems Ltd.
7.17. Sullivan Solar Power
7.18. Tesla, Inc.
7.19. Toshiba Corp.
7.20. Trojan Battery Company
LIST OF TABLES
TABLE # 1 GLOBAL SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY,2017-2023 ($ MILLION)
TABLE # 2 GLOBAL SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 3 GLOBAL LITHIUM ION BATTERY RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 4 GLOBAL LEAD ACID BATTERY MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 5 GLOBAL OTHER BATTERY MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 6 GLOBAL SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 7 GLOBAL TELECOMMUNICATION INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 8 GLOBAL HOME AND RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 9 GLOBAL AUTOMOBILE APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 10 NORTH AMERICA SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 11 NORTH AMERICA SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 12 NORTH AMERICA SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 13 EUROPE SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 14 EUROPE SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 15 EUROPE SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 16 ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 17 ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 18 ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 19 REST OF THE WORLD SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 20 REST OF THE WORLD SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END, USERS 2017-2023 ($ MILLION)
TABLE # 1 GLOBAL SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY,2017-2023 ($ MILLION)
TABLE # 2 GLOBAL SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 3 GLOBAL LITHIUM ION BATTERY RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 4 GLOBAL LEAD ACID BATTERY MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 5 GLOBAL OTHER BATTERY MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 6 GLOBAL SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 7 GLOBAL TELECOMMUNICATION INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 8 GLOBAL HOME AND RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 9 GLOBAL AUTOMOBILE APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2017-2023 ($ MILLION)
TABLE # 10 NORTH AMERICA SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 11 NORTH AMERICA SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 12 NORTH AMERICA SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 13 EUROPE SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 14 EUROPE SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 15 EUROPE SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 16 ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
TABLE # 17 ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 18 ASIA-PACIFIC SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2017-2023 ($ MILLION)
TABLE # 19 REST OF THE WORLD SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2017-2023 ($ MILLION)
TABLE # 20 REST OF THE WORLD SOLAR BATTERY MARKET RESEARCH AND ANALYSIS BY END, USERS 2017-2023 ($ MILLION)
LIST OF FIGURES
FIGURE # 1 GLOBAL SOLAR BATTERY MARKET SHARE BY TYPE, 2017 VS 2023 (IN %)
FIGURE # 2 GLOBAL SOLAR BATTERY MARKET SHARE END-USER, 2017 VS 2023 (IN %)
FIGURE # 3 GLOBAL SOLAR BATTERY MARKET SHARE BY GEOGRAPHY, 2017 VS 2023 (IN %)
FIGURE # 4 NORTH AMERICA SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 5 US SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 6 CANADA SOLAR ON BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 7 EUROPE SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 8 UK SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 9 FRANCE SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 10 GERMANY SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 11 ITALY SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 12 SPAIN SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 13 ROE SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 14 ASIA-PACIFIC SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 15 INDIA SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 16 CHINA SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 17 JAPAN SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 18 REST OF ASIA-PACIFIC SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 19 REST OF THE WORLD SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 1 GLOBAL SOLAR BATTERY MARKET SHARE BY TYPE, 2017 VS 2023 (IN %)
FIGURE # 2 GLOBAL SOLAR BATTERY MARKET SHARE END-USER, 2017 VS 2023 (IN %)
FIGURE # 3 GLOBAL SOLAR BATTERY MARKET SHARE BY GEOGRAPHY, 2017 VS 2023 (IN %)
FIGURE # 4 NORTH AMERICA SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 5 US SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 6 CANADA SOLAR ON BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 7 EUROPE SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 8 UK SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 9 FRANCE SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 10 GERMANY SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 11 ITALY SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 12 SPAIN SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 13 ROE SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 14 ASIA-PACIFIC SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 15 INDIA SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 16 CHINA SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 17 JAPAN SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 18 REST OF ASIA-PACIFIC SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
FIGURE # 19 REST OF THE WORLD SOLAR BATTERY MARKET SIZE, 2017-2023 ($ MILLION)
