A solar battery, or photovoltaic cell, is an electrical device that converts the energy of light directly into electricity by the photovoltaic effect.
According to this market study, the Li-ion segment will account for the major shares and dominate this industry by the end of the forecast period. Li-ion batteries have high energy density and are commonly used in electronic devices such as laptops, smartphones, and tablets. Moreover, these batteries are highly efficient and provide an improved energy-to-density ratio, owing to which, there will be an increasing demand for Li-ion batteries to overcome power-interruptions. This in turn, will drive the growth of this market segment in the coming years.
This market study estimates that in terms of geographical regions, the Americas will be the major revenue contributor to the solar energy batteries market throughout the forecast period. This mainly attributed to the increased investments in smart solar and the growth in solar capacity and installations in the region. Analysts predict that North America will be the major contributor in this region, which will owe to the increasing support of the US government towards the installation of smart solar projects.
The Solar Batteries market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Solar Batteries.
This report presents the worldwide Solar Batteries market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
East Penn Manufacturing(US)
Bosch Solar Energy(GE)
Solar Batteries Breakdown Data by Type
Li-Ion Solar Battery
Lead-Acid Solar Battery
Sodium-Based Solar Battery
Solar Batteries Breakdown Data by Application
User Solar Power
Photovoltaic Power Station
Aerospace & Defense Field
Solar Batteries Production by Region
Solar Batteries Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Solar Batteries status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Solar Batteries manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Solar Batteries :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Solar Batteries market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.