Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 248.63 Million | USD 909.46 Million | 15.5% | 2023 |
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Product
FIG NO. 2. Market Attractiveness Analysis, By End User
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Solar Battery Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Product, 2020 & 2028
FIG NO. 7. Global Solar Battery Market for Lithium Ion Batteries, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Solar Battery Market for Lithium Ion Batteries, By Country, 2020 & 2028
FIG NO. 9. Global Solar Battery Market for Lead Acid Batteries, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Solar Battery Market for Lead Acid Batteries, By Country, 2020 & 2028
FIG NO. 11. Global Solar Battery Market for Sodium Based Batteries, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Solar Battery Market for Sodium Based Batteries, By Country, 2020 & 2028
FIG NO. 13. Global Solar Battery Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Solar Battery Market for Others, By Country, 2020 & 2028
FIG NO. 15. Market Revenue Share, By End User, 2020 & 2028
FIG NO. 16. Global Solar Battery Market for Residential, Revenue (USD Million) 2016 – 2028
FIG NO. 17. Comparative Revenue Analysis of Solar Battery Market for Residential, By Country, 2020 & 2028
FIG NO. 18. Global Solar Battery Market for Industrial, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Solar Battery Market for Industrial, By Country, 2020 & 2028
FIG NO. 20. Global Solar Battery Market for Commercial, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Solar Battery Market for Commercial, By Country, 2020 & 2028
FIG NO. 22. Global Solar Battery Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Solar Battery Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 24. Porter’s Five Forces Analysis for Global Solar Battery Market
FIG NO. 25. PEST Analysis for Global Solar Battery Market
FIG NO. 26. Pricing Analysis for Global Solar Battery Market
FIG NO. 27. Value Chain Analysis for Global Solar Battery Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. BYD Company Business Segment Revenue Share, 2020 (%)
FIG NO. 32. BYD Company Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology
List of Tables
TABLE NO. 1. Global Solar Battery Market: Snapshot
TABLE NO. 2. Quarterly Solar Battery Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Solar Battery Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Solar Battery Market for Lithium Ion Batteries, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Solar Battery Market for Lead Acid Batteries, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Solar Battery Market for Sodium Based Batteries, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Solar Battery Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Solar Battery Market for Residential, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Solar Battery Market for Industrial, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Solar Battery Market for Commercial, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Solar Battery Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 14. North America Solar Battery Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 15. North America Solar Battery Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 16. North America Solar Battery Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 17. U.S. Solar Battery Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 18. U.S. Solar Battery Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 19. Canada Solar Battery Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 20. Canada Solar Battery Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 21. Mexico Solar Battery Market Revenue, By Product, 2016 – 2028 (USD Million)
TABLE NO. 22. Mexico Solar Battery Market Revenue, By End User, 2016 – 2028 (USD Million)
TABLE NO. 23. Drivers for the Solar Battery Market: Impact Analysis
TABLE NO. 24. Restraints for the Solar Battery Market: Impact Analysis
TABLE NO. 25. Major Buyers of Solar Battery
TABLE NO. 26. Distributors/Traders List of Solar Battery
TABLE NO. 27. Global Solar Battery Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 28. Global Solar Battery Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
FrequentlyAsked Questions
The global solar battery market was valued at USD 248.63 Million in 2023.
The global solar battery market is expected to reach USD 909.46 Million by 2032, growing at a CAGR of 15.5% between 2024 to 2032.
Some of the key factors driving the global solar battery market growth are policies adopted by the government of various countries, technological advancements for the development of relatively cheaper, durable and more efficient solar batteries along with the rising concern regarding hazards caused to due conventional power storage options.
North America region held a substantial share of the solar battery market in 2023. This is attributable to an increase in investments in smart solar power plants as well as an increase in solar capacity and installations in the region. Another additional factor is the US government's increased support for the installation of smart solar projects.
Some of the major companies operating in the solar battery market are BYD Company, Carnegie Clean Energy, Kokam.Co, LG Chem, Primus Power, Bosch Solar Energy, Samsung SDI, Exide Technologies, Panasonic and EnerSys among others.
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