Press release
Residential ESS Market Is Likely to Experience a Tremendous Growth by 2029
Further, in June 2023, US-based startup Lunar Energy introduced a residential integrated energy management cabinet system that stores solar energy on 5 kWh battery system to provide up to 30 kWh of backup power. The company has announced the release of its first consumer hardware product, Lunar System, which is a residential distributed generation cabinet that integrates rooftop solar generation, battery storage, and load control in one product suite. The DG cabinet by the company features the Lunar Battery, a lithium-ion battery with capacities ranging from 10 kWh to 30 kWh, in 5 kWh increments, along with a 10 kW hybrid inverter to support home HVAC systems and household appliances.
Furthermore, in September 2022, AlphaESS launched its residential ESS for the North American market at this year's RE+ (SPI) expo, following the inauguration of the new office and service center in Denver, Colorado. The two variations of the UL-certified systems, SMILE-SP and SPB series, are available with AC and DC coupling to meet the different needs of consumers, with a 7.6/9.6kW Hybrid Inverter and a standard 8.2kWh battery pack which can support max 11.5kWp /15kWp PV input and expandable to 49.2 kWh.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
o By Technology Type
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Tesla Inc., Panasonic Holdings Corp., Sonnen GmbH, VARTA AG, and Enphase Energy Inc. among others.
A full Report of Residential ESS Market is Available @ https://www.omrglobal.com/industry-reports/residential-energy-storage-system-market
Residential ESS Market Report Segment
By Technology Type
Li-Ion Batteries
Lead-Acid Batteries
Other Technologies
Residential ESS Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
ABB Ltd.
BYD Company
Deutsche Energieversorgung GmbH (SENEC)
Eaton Corp.
Eguana technologies, Inc.
Enphase Energy, Inc.
Hitachi energy Ltd.
Huawei Technologies, Co. Ltd.
LG Energy Solution Ltd.
Panasonic Corp.
Saft Groupe SA
Samsung SDI Co. Ltd.
Siemens AG
Sonnen GmbH
Sunverge Energy LLC
Tesla Inc.
VARTA AG
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/residential-energy-storage-system-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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