Solar battery is used for storage of excess solar power. Generally, solar battery is installed with inverter. It is rechargeable and can be generally used in solar panel systems. For industrial applications, solar battery can be used with other renewable power sources such as hydropower and wind power. In future, solar battery will be used with other renewable power sources as a part of renewable electricity mix to provide sustainable energy solutions. Some of the major applications of solar battery include solar charging stations, storage for power plants, and storage system for off-grids.
Rise in demand for eco-friendly and cost-effective energy solutions for industrial and commercial energy storage is expected to drive the market growth. Moreover, the application of solar battery can effectively reduce carbon footprints. Implementation of solar battery can make a nation energy independent and reduce the dependence on imported fossil energy resources. The aim of meeting the climate change goal is boosting the implementation of solar projects in states such as California which is increasing the demand for solar batteries. Factors restraining the growth of the local manufacturers are the cheap imported solar batteries. In addition, the decrease in private investment owing to outbreak of COVID-19 might hinder the demand for solar batteries.
The study is segmented on the basis of type lead acid, lithium ion, flow battery, and others) and end user industrial, commercial, and residential. Additionally, the report includes key drivers, restraints, and opportunities in the market. The study also includes in-depth information of value chain analysis and patent analysis in the market.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the market from 2021 to 2030 to determine the prevailing opportunities.
- The study provides a comprehensive analysis of the factors that drive and restrict the growth of the market.
- Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Profiles of leading players operating in the U.S. solar battery market are provided to understand the competitive scenario.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable growth.
KEY MARKET SEGMENTS
By Type
- Lead Acid
- Lithium Ion
- Lithium Iron Phosphate
- Lithium Manganese Oxide
- Lithium NMC Oxide
- Flow Battery
- Others
By End User
- Residential
- Commercial
- Industrial
KEY MARKET PLAYERS
- Adara power
- Aims Power
- BBI Battery
- Enersys
- Fortress Power
- Goal Zero
- Panasonic Corporation
- Power Sonic Corporation
- Tesla. Inc
- Simpliphi Power, Inc
- Sunpower
- Solaredge Technologies Inc
- U.S. Battery Manufacturing Co.
Other players in the value chain of the market are Enphase Energy, and others.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY2.1. Key findings of the study
2.2. Key findings
2.2.1. Top investment pockets
2.3. CXO perspective
CHAPTER 3: MARKET OVERVIEW3.1. Market definition and scope
3.2. Porter's five forces analysis
3.3. Market dynamics
3.3.1. Drivers
3.3.1.1. Supportive government regulations for use of photovoltaic technology
3.3.1.2. Growing interest toward renewable energy storage solutions
3.3.2. Restraint
3.3.2.1. High initial installation cost
3.3.3. Opportunity
3.3.3.1. Advancements in energy backup systems
3.4. Value chain
3.5. Impact of Key Regulation
3.6. Patent Analysis, (2012-2020)
3.7. Impact of COVID-19 outbreak on the U.S. Solar Battery market
CHAPTER 4: U.S. SOLAR BATTERY MARKET, BY TYPE4.1. Overview
4.1.1. Market size and forecast
4.2. Lithium ion
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by type
4.2.2.1. Lithium iron phosphate
4.2.2.2. Lithium manganese oxide
4.2.2.3. Lithium NMC oxide
4.2.2.4. Others
4.3. Lead acid
4.3.1. Key market trends, growth factors, and opportunities
4.4. Flow battery
4.4.1. Key market trends, growth factors, and opportunities
4.5. Others
4.5.1. Key market trends, growth factors, and opportunities
CHAPTER 5: U.S. SOLAR BATTERY MARKET, BY END USER5.1. Overview
5.1.1. Market size and forecast
5.2. Industrial
5.2.1. Key market trends, growth factors, and opportunities
5.3. Residential
5.3.1. Key market trends, growth factors, and opportunities
5.4. Commercial
5.4.1. Key market trends, growth factors, and opportunities
CHAPTER 6: COMPETITIVE LANDSCAPE6.1. Introduction
6.1.1. Market player positioning, 2020
6.2. Top winning strategies
6.2.1. Top winning strategies, by year
6.2.2. Top winning strategies, by company
6.2.3. Top winning strategies, by company
6.3. Product mapping of industry participants
6.4. Competitive heatmap
CHAPTER 7: COMPANY PROFILES7.1. ADARA POWER
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.2. Aims Power
7.2.1. Company overview
7.2.2. Key executive
7.2.3. Company snapshot
7.2.4. Product portfolio
7.3. Concorde Battery
7.3.1. Company overview
7.3.2. Key executive
7.3.3. Company snapshot
7.3.4. Product portfolio
7.4. ENERSYS
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.5. Fortress Power
7.5.1. Company overview
7.5.2. Key executive
7.5.3. Company snapshot
7.5.4. Product portfolio
7.5.5. Key strategic moves and developments
7.6. Goal Zero LLC
7.6.1. Company overview
7.6.2. Key executive
7.6.3. Company snapshot
7.6.4. Operating business segments
7.6.5. Business performance (NRG Energy, Inc.)
7.7. Panasonic Corporation
7.7.1. Company overview
7.7.2. Key executive
7.7.3. Company snapshot
7.7.4. Operating business segments
7.7.5. Product portfolio
7.7.6. Business performance
7.7.7. Key strategic moves and developments
7.8. Power Sonic Corporation
7.8.1. Company overview
7.8.2. Key executive
7.8.3. Company snapshot
7.8.4. Operating business segments
7.8.5. Product portfolio
7.8.6. Key strategic moves and developments
7.9. Tesla, Inc.
7.9.1. Company overview
7.9.2. Key executive
7.9.3. Company snapshot
7.9.4. Operating business segments
7.9.5. Product portfolio
7.9.6. R&D expenditure
7.9.7. Business performance
7.9.8. Key strategic moves and developments
7.10. Simpliphi Power, Inc.
7.10.1. Company overview
7.10.2. Key executive
7.10.3. Company snapshot
7.10.4. Product portfolio
7.10.5. Key strategic moves and developments
7.11. SunPower Corporation
7.11.1. Company overview
7.11.2. Key executive
7.11.3. Company snapshot
7.11.4. Operating business segments
7.11.5. Product portfolio
7.11.6. R&D expenditure
7.11.7. Business performance
7.11.8. Key strategic moves and developments
7.12. SolarEdge Technologies Inc.
7.12.1. Company overview
7.12.2. Key executive
7.12.3. Company snapshot
7.12.4. Operating business segments
7.12.5. Product portfolio
7.12.6. R&D expenditure
7.12.7. Business performance
7.12.8. Key strategic moves and developments
7.13. U.S. Battery Manufacturing Co.
7.13.1. Company overview
7.13.2. Key executive
7.13.3. Company snapshot
7.13.4. Product portfolio
List of Tables
TABLE 01. U.S. SOLAR BATTERY MARKET, BY TYPE, 2020-2030 (MW)
TABLE 02. U.S. SOLAR BATTERY MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 03. U.S. LITHIUM-ION SOLAR BATTERY MARKET, BY TYPE, 2020-2030 (MW)
TABLE 04. U.S. LITHIUM-ION SOLAR BATTERY MARKET, BY TYPE, 2020-2030 ($MILLION)
TABLE 05. U.S. SOLAR BATTERY MARKET, BY END USER, 2020-2030 (MW)
TABLE 06. U.S. SOLAR BATTERY MARKET, BY END USER, 2020-2030 ($MILLION)
TABLE 07. ADARA POWER: COMPANY SNAPSHOT
TABLE 08. ADARA POWER: PRODUCT PORTFOLIO
TABLE 09. AIMS: KEY EXECUTIVES
TABLE 10. AIMS: COMPANY SNAPSHOT
TABLE 11. AIMS: PRODUCT PORTFOLIO
TABLE 12. CONCORDE: KEY EXECUTIVES
TABLE 13. CONCORDE: COMPANY SNAPSHOT
TABLE 14. CONCORDE BATTERY: PRODUCT PORTFOLIO
TABLE 15. ENERSYS: COMPANY SNAPSHOT
TABLE 16. ENERSYS: OPERATING SEGMENTS
TABLE 17. ENERSYS: PRODUCT PORTFOLIO
TABLE 18. ENERSYS: OVERALL FINANCIAL STATUS ($MILLION)
TABLE 19. FORTRESS: KEY EXECUTIVES
TABLE 20. FORTRESS: COMPANY SNAPSHOT
TABLE 21. FORTRESS: PRODUCT PORTFOLIO
TABLE 22. FORTRESS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 23. GOAL ZERO: KEY EXECUTIVES
TABLE 24. GOAL ZERO: COMPANY SNAPSHOT
TABLE 25. NRG ENERGY, INC.: OPERATING SEGMENTS
TABLE 26. NRG ENERGY: NET SALES, 2018-2020 ($MILLION)
TABLE 27. PANASONIC: KEY EXECUTIVES
TABLE 28. PANASONIC: COMPANY SNAPSHOT
TABLE 29. PANASONIC: OPERATING SEGMENTS
TABLE 30. PANASONIC: PRODUCT PORTFOLIO
TABLE 31. PANASONIC: NET SALES, 2018-2020 ($MILLION)
TABLE 32. PANASONIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 33. PS CORPORATION: KEY EXECUTIVES
TABLE 34. PS CORPORATION: COMPANY SNAPSHOT
TABLE 35. PS CORPORATION: OPERATING SEGMENTS
TABLE 36. PS CORPORATION: PRODUCT PORTFOLIO
TABLE 37. PS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 38. TESLA: KEY EXECUTIVES
TABLE 39. TESLA: COMPANY SNAPSHOT
TABLE 40. TESLA: OPERATING SEGMENTS
TABLE 41. TESLA: PRODUCT PORTFOLIO
TABLE 42. TESLA: R&D EXPENDITURE, 2018-2020 ($MILLION)
TABLE 43. TESLA: NET SALES, 2018-2020 ($MILLION)
TABLE 44. TESLA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 45. SIMPLIPHI: KEY EXECUTIVES
TABLE 46. SIMPLIPHI: COMPANY SNAPSHOT
TABLE 47. SIMPLIPHI: PRODUCT PORTFOLIO
TABLE 48. SIMPLIPHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 49. SUNPOWER: KEY EXECUTIVES
TABLE 50. SUNPOWER: COMPANY SNAPSHOT
TABLE 51. SUNPOWER: OPERATING SEGMENTS
TABLE 52. SUNPOWER: PRODUCT PORTFOLIO
TABLE 53. SUNPOWER: R&D EXPENDITURE, 2018-2020 ($MILLION)
TABLE 54. SUNPOWER: NET SALES, 2018-2020 ($MILLION)
TABLE 55. SUNPOWER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 56. SOLAREDGE: KEY EXECUTIVES
TABLE 57. SUNPOWER: COMPANY SNAPSHOT
TABLE 58. SOLAREDGE: OPERATING SEGMENTS
TABLE 59. SOLAREDGE: PRODUCT PORTFOLIO
TABLE 60. SOLAREDGE: R&D EXPENDITURE, 2018-2020 ($MILLION)
TABLE 61. SOLAREDGE: NET SALES, 2018-2020 ($MILLION)
TABLE 62. SOLAREDGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 63. U.S. BATTERY: KEY EXECUTIVES
TABLE 64. U.S. BATTERY: COMPANY SNAPSHOT
TABLE 65. U.S. BATTERY: PRODUCT PORTFOLIO
List of Figures
FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. U.S. SOLAR BATTERY MARKET SNAPSHOT, BY SEGMENTATION, 2021-2030
FIGURE 03. TOP INVESTMENT POCKETS, BY TYPE
FIGURE 04. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW BARGAINING POWER OF BUYERS
FIGURE 06. MODERATE THREAT OF SUBSTITUTES
FIGURE 07. MODERATE THREAT OF NEW ENTRANTS
FIGURE 08. HIGH INTENSITY OF RIVALRY
FIGURE 09. U.S. SOLAR BATTERY: MARKET DYNAMICS
FIGURE 10. U.S. SOLAR BATTERY MARKET: VALUE CHAIN
FIGURE 11. PATENT ANALYSIS, BY COUNTRIES
FIGURE 12. U.S. SOLAR BATTERY MARKET, BY TYPE, 2021-2030 ($MILLION)
FIGURE 13. U.S. SOLAR BATTERY MARKET, BY END USER, 2021-2030 ($MILLION)
FIGURE 14. MARKET PLAYER POSITIONING, 2020
FIGURE 15. TOP WINNING STRATEGIES, BY YEAR, 2018-2021
FIGURE 16. TOP WINNING STRATEGIES, BY COMPANY, 2018-2021
FIGURE 17. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2021
FIGURE 18. PRODUCT MAPPING OF INDUSTRY PARTICIPANTS
FIGURE 19. COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 20. ENERSYS: REVENUE, 2018-2020 ($MILLION)
FIGURE 21. ENERSYS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 22. ENERSYS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 23. NRG ENERGY: NET SALES, 2018-2020 ($MILLION)
FIGURE 24. NRG ENERGY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 25. PANASONIC: NET SALES, 2018-2020 ($MILLION)
FIGURE 26. PANASONIC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 27. PANASONIC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 28. TESLA: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 29. TESLA: NET SALES, 2018-2020 ($MILLION)
FIGURE 30. TESLA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 31. TESLA: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 32. SUNPOWER: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 33. SUNPOWER: NET SALES, 2018-2020 ($MILLION)
FIGURE 34. SUNPOWER: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 35. SUNPOWER: REVENUE SHARE BY CONTRACT WITH CUSTOMERS, 2020 (%)
FIGURE 36. SOLAREDGE: R&D EXPENDITURE, 2018-2020 ($MILLION)
FIGURE 37. SOLAREDGE: NET SALES, 2018-2020 ($MILLION)
FIGURE 38. SOLAREDGE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 39. SOLAREDGE: REVENUE SHARE BY REGION, 2020 (%)
Companies Mentioned
- Adara power
- Aims Power
- BBI Battery
- Enersys
- Fortress Power
- Goal Zero
- Panasonic Corporation
- Power Sonic Corporation
- Tesla. Inc
- Simpliphi Power Inc
- Sunpower
- Solaredge Technologies Inc
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 127 |
Published | August 2021 |
Forecast Period | 2020 - 2030 |
Estimated Market Value ( USD | $ 16.9 million |
Forecasted Market Value ( USD | $ 37.7 million |
Compound Annual Growth Rate | 8.4% |
Regions Covered | United States |
No. of Companies Mentioned | 12 |