The global market for Home Battery Backup Power Systems was valued at US$ 6452 million in the year 2024 and is projected to reach a revised size of US$ 24170 million by 2031, growing at a CAGR of 24.1% during the forecast period.
Home Battery Backup Power Systems are energy storage solutions designed to provide backup power to homes during electrical outages or to optimize energy consumption. These systems store electricity from various sources, such as the grid, solar panels, or wind turbines, and provide power when needed. They are typically used to ensure continuous power supply during blackouts, improve energy efficiency, and reduce reliance on the electrical grid. Home battery systems are often part of a larger energy management strategy, where they work in tandem with solar power systems and smart home technologies.
North American market for Home Battery Backup Power Systems is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Home Battery Backup Power Systems is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Home Battery Backup Power Systems include Tesla (Powerwall), LG Energy Solution, Sunrun (Brightbox), Enphase Energy (Encharge), Sonnen (SonnenBatterie), Generac (PWRcell), Blue Planet Energy, Eaton, Panasonic, VARTA AG, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Home Battery Backup Power Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Home Battery Backup Power Systems.
The Home Battery Backup Power Systems market size, estimations, and forecasts are provided in terms of output/shipments (MW) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Home Battery Backup Power Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Home Battery Backup Power Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Tesla (Powerwall)
LG Energy Solution
Sunrun (Brightbox)
Enphase Energy (Encharge)
Sonnen (SonnenBatterie)
Generac (PWRcell)
Blue Planet Energy
Eaton
Panasonic
VARTA AG
by Type
Lithium Ion Battery
Lead-acid Battery
Others
by Application
Below 8KWh
Above 8KWh
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Home Battery Backup Power Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Home Battery Backup Power Systems by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Home Battery Backup Power Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Home Battery Backup Power Systems Market Overview
1.1 Product Definition
1.2 Home Battery Backup Power Systems by Type
1.2.1 Global Home Battery Backup Power Systems Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Lithium Ion Battery
1.2.3 Lead-acid Battery
1.2.4 Others
1.3 Home Battery Backup Power Systems by Application
1.3.1 Global Home Battery Backup Power Systems Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Below 8KWh
1.3.3 Above 8KWh
1.4 Global Market Growth Prospects
1.4.1 Global Home Battery Backup Power Systems Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Home Battery Backup Power Systems Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Home Battery Backup Power Systems Production Estimates and Forecasts (2020-2031)
1.4.4 Global Home Battery Backup Power Systems Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Home Battery Backup Power Systems Production Market Share by Manufacturers (2020-2025)
2.2 Global Home Battery Backup Power Systems Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Home Battery Backup Power Systems, Industry Ranking, 2023 VS 2024
2.4 Global Home Battery Backup Power Systems Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Home Battery Backup Power Systems Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Home Battery Backup Power Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Home Battery Backup Power Systems, Product Offered and Application
2.8 Global Key Manufacturers of Home Battery Backup Power Systems, Date of Enter into This Industry
2.9 Home Battery Backup Power Systems Market Competitive Situation and Trends
2.9.1 Home Battery Backup Power Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Home Battery Backup Power Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Home Battery Backup Power Systems Production by Region
3.1 Global Home Battery Backup Power Systems Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Home Battery Backup Power Systems Production Value by Region (2020-2031)
3.2.1 Global Home Battery Backup Power Systems Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Home Battery Backup Power Systems by Region (2026-2031)
3.3 Global Home Battery Backup Power Systems Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Home Battery Backup Power Systems Production Volume by Region (2020-2031)
3.4.1 Global Home Battery Backup Power Systems Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Home Battery Backup Power Systems by Region (2026-2031)
3.5 Global Home Battery Backup Power Systems Market Price Analysis by Region (2020-2025)
3.6 Global Home Battery Backup Power Systems Production and Value, Year-over-Year Growth
3.6.1 North America Home Battery Backup Power Systems Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Home Battery Backup Power Systems Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Home Battery Backup Power Systems Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Home Battery Backup Power Systems Production Value Estimates and Forecasts (2020-2031)
4 Home Battery Backup Power Systems Consumption by Region
4.1 Global Home Battery Backup Power Systems Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Home Battery Backup Power Systems Consumption by Region (2020-2031)
4.2.1 Global Home Battery Backup Power Systems Consumption by Region (2020-2025)
4.2.2 Global Home Battery Backup Power Systems Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Home Battery Backup Power Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Home Battery Backup Power Systems Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Home Battery Backup Power Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Home Battery Backup Power Systems Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Home Battery Backup Power Systems Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Home Battery Backup Power Systems Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Home Battery Backup Power Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Home Battery Backup Power Systems Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Home Battery Backup Power Systems Production by Type (2020-2031)
5.1.1 Global Home Battery Backup Power Systems Production by Type (2020-2025)
5.1.2 Global Home Battery Backup Power Systems Production by Type (2026-2031)
5.1.3 Global Home Battery Backup Power Systems Production Market Share by Type (2020-2031)
5.2 Global Home Battery Backup Power Systems Production Value by Type (2020-2031)
5.2.1 Global Home Battery Backup Power Systems Production Value by Type (2020-2025)
5.2.2 Global Home Battery Backup Power Systems Production Value by Type (2026-2031)
5.2.3 Global Home Battery Backup Power Systems Production Value Market Share by Type (2020-2031)
5.3 Global Home Battery Backup Power Systems Price by Type (2020-2031)
6 Segment by Application
6.1 Global Home Battery Backup Power Systems Production by Application (2020-2031)
6.1.1 Global Home Battery Backup Power Systems Production by Application (2020-2025)
6.1.2 Global Home Battery Backup Power Systems Production by Application (2026-2031)
6.1.3 Global Home Battery Backup Power Systems Production Market Share by Application (2020-2031)
6.2 Global Home Battery Backup Power Systems Production Value by Application (2020-2031)
6.2.1 Global Home Battery Backup Power Systems Production Value by Application (2020-2025)
6.2.2 Global Home Battery Backup Power Systems Production Value by Application (2026-2031)
6.2.3 Global Home Battery Backup Power Systems Production Value Market Share by Application (2020-2031)
6.3 Global Home Battery Backup Power Systems Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Tesla (Powerwall)
7.1.1 Tesla (Powerwall) Home Battery Backup Power Systems Company Information
7.1.2 Tesla (Powerwall) Home Battery Backup Power Systems Product Portfolio
7.1.3 Tesla (Powerwall) Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Tesla (Powerwall) Main Business and Markets Served
7.1.5 Tesla (Powerwall) Recent Developments/Updates
7.2 LG Energy Solution
7.2.1 LG Energy Solution Home Battery Backup Power Systems Company Information
7.2.2 LG Energy Solution Home Battery Backup Power Systems Product Portfolio
7.2.3 LG Energy Solution Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.2.4 LG Energy Solution Main Business and Markets Served
7.2.5 LG Energy Solution Recent Developments/Updates
7.3 Sunrun (Brightbox)
7.3.1 Sunrun (Brightbox) Home Battery Backup Power Systems Company Information
7.3.2 Sunrun (Brightbox) Home Battery Backup Power Systems Product Portfolio
7.3.3 Sunrun (Brightbox) Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Sunrun (Brightbox) Main Business and Markets Served
7.3.5 Sunrun (Brightbox) Recent Developments/Updates
7.4 Enphase Energy (Encharge)
7.4.1 Enphase Energy (Encharge) Home Battery Backup Power Systems Company Information
7.4.2 Enphase Energy (Encharge) Home Battery Backup Power Systems Product Portfolio
7.4.3 Enphase Energy (Encharge) Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Enphase Energy (Encharge) Main Business and Markets Served
7.4.5 Enphase Energy (Encharge) Recent Developments/Updates
7.5 Sonnen (SonnenBatterie)
7.5.1 Sonnen (SonnenBatterie) Home Battery Backup Power Systems Company Information
7.5.2 Sonnen (SonnenBatterie) Home Battery Backup Power Systems Product Portfolio
7.5.3 Sonnen (SonnenBatterie) Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Sonnen (SonnenBatterie) Main Business and Markets Served
7.5.5 Sonnen (SonnenBatterie) Recent Developments/Updates
7.6 Generac (PWRcell)
7.6.1 Generac (PWRcell) Home Battery Backup Power Systems Company Information
7.6.2 Generac (PWRcell) Home Battery Backup Power Systems Product Portfolio
7.6.3 Generac (PWRcell) Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Generac (PWRcell) Main Business and Markets Served
7.6.5 Generac (PWRcell) Recent Developments/Updates
7.7 Blue Planet Energy
7.7.1 Blue Planet Energy Home Battery Backup Power Systems Company Information
7.7.2 Blue Planet Energy Home Battery Backup Power Systems Product Portfolio
7.7.3 Blue Planet Energy Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Blue Planet Energy Main Business and Markets Served
7.7.5 Blue Planet Energy Recent Developments/Updates
7.8 Eaton
7.8.1 Eaton Home Battery Backup Power Systems Company Information
7.8.2 Eaton Home Battery Backup Power Systems Product Portfolio
7.8.3 Eaton Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Eaton Main Business and Markets Served
7.8.5 Eaton Recent Developments/Updates
7.9 Panasonic
7.9.1 Panasonic Home Battery Backup Power Systems Company Information
7.9.2 Panasonic Home Battery Backup Power Systems Product Portfolio
7.9.3 Panasonic Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Panasonic Main Business and Markets Served
7.9.5 Panasonic Recent Developments/Updates
7.10 VARTA AG
7.10.1 VARTA AG Home Battery Backup Power Systems Company Information
7.10.2 VARTA AG Home Battery Backup Power Systems Product Portfolio
7.10.3 VARTA AG Home Battery Backup Power Systems Production, Value, Price and Gross Margin (2020-2025)
7.10.4 VARTA AG Main Business and Markets Served
7.10.5 VARTA AG Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Home Battery Backup Power Systems Industry Chain Analysis
8.2 Home Battery Backup Power Systems Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Home Battery Backup Power Systems Production Mode & Process Analysis
8.4 Home Battery Backup Power Systems Sales and Marketing
8.4.1 Home Battery Backup Power Systems Sales Channels
8.4.2 Home Battery Backup Power Systems Distributors
8.5 Home Battery Backup Power Systems Customer Analysis
9 Home Battery Backup Power Systems Market Dynamics
9.1 Home Battery Backup Power Systems Industry Trends
9.2 Home Battery Backup Power Systems Market Drivers
9.3 Home Battery Backup Power Systems Market Challenges
9.4 Home Battery Backup Power Systems Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Tesla (Powerwall)
LG Energy Solution
Sunrun (Brightbox)
Enphase Energy (Encharge)
Sonnen (SonnenBatterie)
Generac (PWRcell)
Blue Planet Energy
Eaton
Panasonic
VARTA AG
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*If Applicable.